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Great Learning via Great Learning Academy

Understanding Personal Finance

4.4244 ratings at Great Learning Academy

Overview

This personal financial management course provides essential knowledge on managing your finances effectively. You'll learn key concepts such as savings vs. investments, insurance basics, debt management, and strategies for reducing financial burdens. The course will guide you through understanding personal finance fundamentals, helping you make informed decisions about your money.You will also explore financial statements, including balance sheets, income statements, and cash flow statements, to help you evaluate your financial health. Key topics such as budgeting, financial planning, and taxation will equip you with the skills to set financial goals, create budgets, and plan for major life events. By the end of this Free Personal finance course, you'll have the practical tools needed to manage your personal finances, reduce debt, and create a solid foundation for financial security.

What you'll learn

  • "Overview of Finance
  • Introduction to Personal Finance
  • Financial Statements
  • Time Value of Money
  • Budgeting and Financial Planning
  • Fundamentals of Savings and Investment Basics
  • Stock Market and Investing
  • Managing Personal Finance

Syllabus 4

  1. Introduction to Personal Finance

    This module provides an overview of finance, including personal finance definition, savings vs. investments, insurance fundamentals, and debt management with reduction strategies.

  2. Understanding the Financial Statement

    In this module, you will learn about financial statements, assets, liabilities, balance sheets, income statements, cash flow statements, and tools for financial statement analysis.

  3. Budgeting and Financial Planning

    This module covers crucial topics, including budgeting, the time value of money, present and future value concepts, personal budgeting, the significance of financial budgets, and financial goal setting, along with planning for major life events.

  4. Fundamentals of Taxation

    This module centers on income tax key terminologies, including assessment year, previous year, financial year, assessee, and person, as well as the differentiation between types of taxes such as direct tax and indirect tax.

Advantages and disadvantages

Advantages

  • Free, short, with a free certificate.
  • Made in India, with examples Indian students will recognise.
  • Free certificate when you finish.
  • Completely free.
  • Self-paced: start any time.
  • A clear syllabus (4 parts) you can see before you start.

Disadvantages

  • Introductory; the certificate carries little weight with employers.
  • Expect follow-up calls and emails about paid programs.

Some points apply to every course of this kind; see how we rank.

Free, with a free certificate

  • Free: Sign up with your email or phone to watch.
  • Certificate: Free when you finish the videos and quiz.

Taught by

  • E Balachandra MurthyE Balachandra Murthy is a Research Analyst at Great Learning, specializing in Finance, Accounting, and Excel-based anal…

Great Learning is in Tier 4: commercial training companies and platform-made courses of our institution ranking (58/100).

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