Finance Fundamentals: Managing the Household Balance Sheet
$74.00
In this online course from The Open University you will learn about:
- Borrowing
- Debt
- Investments
- Pensions
Disclosure: We are compensated for recommending courses offered through Future Learn that you purchase (at no extra cost to you). Based on the quality of Future Learn courses, we have not reviewed or tested any of the courses.
Description
Duration: 3 weeks
Weekly study: 4 hours
This course is part of the Business and Finance Fundamentals and Finance Fundamentals programs, which will enable you to master this subject in depth.
Start to manage debt, investments, property as well as pension funds effectively
This online course will help you manage the household balance sheet, by looking at four key assets and liabilities.
You’ll explore debt, as well as how it affects credit scores as well as your ability to borrow; investments, including savings accounts, bonds, shares and holdings in funds; property, as well as the costs and risks of buying and selling it; and pension funds, including how to properly plan as well as save for your retirement.
The Open University’s Centre for the Public Understanding of Finance created this course, with the generous support of True Potential LLP.
What topics will you cover?
Different ways of borrowing.
The cost of borrowing.
The lending institutions.
Managing debts.
Savings products as well as their returns.
Investment products as well as their returns.
Buying as well as selling property.
Mortgage products.
The household balance sheet as well as how to manage it.
Pension planning.
As well as pension products.
Academic credit
If you are aiming to use your study of courses in the Business and Finance Fundamentals program to obtain academic credit, please be aware that the final planned presentation of the Open University Assessment Course BXM191 Business and Finance Fundamentals in Practice starts October 2020. Please ensure that you allow yourself enough time to obtain all eight Certificates of Achievement from courses in the program before registering for the Assessment Course.
Who is this accredited by?
EOCCS: This course is accredited by EOCCS, the first international quality benchmark for online courses in business and management education.
What will you achieve?
By the end of the course, you’ll be able to:
- Identify as well as understand the different forms of borrowing as well as the cost of debt.
- And identify as well as understand how to buy and sell property.
- Also identify as well as understand how to compile a household balance sheet as well as how to measure the risks associated with it.
- Explore the different ways to invest as well as the returns provided by different investments.
- Explore the ways to plan for a pension income.
Who is the course for?
For further information about registration, the final assessment course, your eligibility and the BA in Business Management, visit the Open University website.