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Online course

Finance Fundamentals: Managing the Household Balance Sheet

Explore household assets (investments, property and pensions) and liabilities (debts). Find out how to manage each effectively.

What’s the difference between a free course and an upgraded course?

Free:

  • Access to the course for its duration + 14 days, regardless of when you join (this includes access to articles, videos, peer review steps, quizzes)
  • No access to course tests
  • No certificate

Upgraded:

  • Unlimited access to the course, for as long as it exists on FutureLearn (this includes access to articles, videos, peer review steps, quizzes)
  • Access to course tests
  • A Certificate of Achievement when you complete the course

Find out more

Finance Fundamentals: Managing the Household Balance Sheet

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 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?

  • Date to be announced

What will you achieve?

By the end of the course, you'll be able to...

  • Identify and understand the different forms of borrowing and the cost of debt
  • Explore the different ways to invest and the returns provided by different investments
  • Identify and understand how to buy and sell property
  • Explore the ways to plan for a pension income
  • Identify and understand how to compile a household balance sheet and to measure the risks associated with it

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. The Open University does not operate in Cuba, Iran, North Korea, Sudan and Syria. This means that Learners based in those countries will not be able to convert their participation in this Program to Open University course credits.

Who will you learn with?

Martin Upton

I am Director of the True Potential Centre for the Public Understanding of Finance (PUFin) at the OU Business School. Previously I was Treasurer of Nationwide Building Society.

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 is to be open to people, places, methods and ideas.

What’s the difference between a free course and an upgraded course?

Free:

  • Access to the course for its duration + 14 days, regardless of when you join (this includes access to articles, videos, peer review steps, quizzes)
  • No access to course tests
  • No certificate

Upgraded:

  • Unlimited access to the course, for as long as it exists on FutureLearn (this includes access to articles, videos, peer review steps, quizzes)
  • Access to course tests
  • A Certificate of Achievement when you complete the course

Find out more

Get extra benefits, upgrade this course. For $74 you'll get:

Unlimited access

Upgrading will mean you get unlimited access to the course.

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  • Take the course at your own pace
  • Refer to the material at any point in future

If you’re taking a course for free you have access to the course for its duration + 14 days, regardless of when you join. If you upgrade the course you have access for as long as the course exists on FutureLearn.

Access to tests

When you upgrade you’ll have access to any tests during the course.

Image tests mobile

  • Validate your learning
  • Ensure you have mastered the material
  • Qualify for a certificate

To receive a Certificate of Achievement you need to take any tests and score over 70%. You don’t get access to tests if you choose to take a course for free.

Certificate of Achievement

Upgrading means you’ll receive a Certificate of Achievement when you complete the course.

Image certificate mobile

  • Prove your success when applying for jobs or courses
  • Celebrate your hard work
  • Display on your LinkedIn or CV
  • Includes free shipping

To receive a Certificate of Achievement you need to mark 90% of the steps on the course as complete, and score over 70% on any course tests.

Upgrade


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