Finance Fundamentals: Managing the Household Balance Sheet
Start to manage debt, investments, property and 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, and how it affects credit scores and your ability to borrow; investments, including savings accounts, bonds, shares and holdings in funds; property, and the costs and risks of buying and selling it; and pension funds, including how to properly plan and 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 and their returns
- Investment products and their returns
- Buying and selling property
- Mortgage products
- The household balance sheet and how to manage it
- Pension planning
- Pension products
When would you like to start?
Most FutureLearn courses run multiple times. Every run of a course has a set start date but you can join it and work through it after it starts. Find out more
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.
IMPORTANT! 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. Details of runs of the relevant FutureLearn courses in 2019 and 2020 are available here.
Who developed the course?
The Open University (OU) is the largest academic institution in the UK and a world leader in flexible distance learning, with a mission to be open to people, places, methods and ideas.
- LocationMilton Keynes, UK
- World rankingTop 510Source: Times Higher Education World University Rankings 2020
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