This is a course about how to accumulate, borrow, spend, invest and save money. Some people have an intuitive ability with money, where everything they touch turns to gold, others need to take a much more conscious approach to handling money if they are to maximize their assets. It aims to improve your ability to make the right decisions about managing finances.

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Course Outline
Course Code: 
BBS104
Duration: 
100 hours - Access for 12 months
Delivery: 
Online
Certificate: 
Statement of achievement
Lesson Structure: 
  1. Understanding Financial Terminology
  2. Planning & Managing your Cash
  3. Borrowing -for goods, against your home etc. Different types of loans, overdrafts, credit cards, financing a business etc.
  4. Buying -What to look for, hidden traps, consumer protection, deciding when not to buy on credit, forms of credit.
  5. The Money Market -How it works
  6. Investing -In housing, land, stocks, bonds, trust funds, antiques, business investments, insurance (annuities) and more.
  7. Superannuation -Lump sum, roll over etc.
  8. Reducing Costs -Cutting down on expenditure.
  9. Banks -How they can help you.
  10. Communication -How to deal with financial experts, bank managers, accountants and others in the financial world.
Aims - the learning objectives of the course: 
  • Develop an understanding of the nature and scope of financial management, and key terminology used.
  • Discuss planning the management of financial resources.
  • Differentiate alternative sources of finance.
  • Determine appropriate and affordable purchasing.
  • Describe the nature and scope of the investment market.
  • Compare investment options
  • Discuss personal financial risk management
  • Identify ways of reducing expenditure without seriously affecting outcomes.
  • Choose and use banks more effectively.
  • Improve communication skills in order to more clearly interact with people providing financial services.