Financial Awareness For Students And Professionals

Decoding financial instruments for high school students, programmers, freelancers, designers and people of all ages!

Last updated 2022-01-10 | 3.9

- Financial Awareness
- Portfolio management
- Financial education

What you'll learn

Financial Awareness
Portfolio management
Financial education
Fundamentals of daily finance

* Requirements

* No.

Description

We keep hearing about financial terms all the time in the news, in conversations, and in almost every kind of media that reaches us. But most of the time we just filter out that information as noise due to the tiresome jargon. What if you just spend a couple of hours and get a basic framework to start making sense of that noise? 

The main objective of this course is to create awareness about the bigger picture of the finance ecosystem. The massive diversity in regulations across countries and the financial goals of individuals makes it impossible to come up with one solution that will work for all. Hence, understanding the basics can provide a solid monetary decision-making framework for the rest of your life.   

As 36 years old, who has been on the quest to identify the relevant aspect of this financial universe as a common man in an emerging economy, I would like to share a fundamentals crash course that should enable you to ask questions that are relevant to your future and align with the economy you stay in!  My experiences are drawn from pure survivorship skills honed by 3 recessions across 2 countries (US and India). More about those at the end of the course. Trust you will find the content helpful in kickstarting your journey towards financial independence in a matter of hours.

Who this course is for:

  • students and early stage professionals.
  • Anyone interested in fundamental entities involved that affect personal finance
  • Professionals with early retirement goals

Course content

10 sections • 60 lectures

Significance of Finance in daily life Preview 02:49

Why do you need this course? Preview 01:41

What will you learn from this course? Preview 01:16

Warm-up

A warm-up to get you more into the context for the upcoming sections.

Definitions Preview 02:15

Central Bank Preview 02:22

Commercial/Regular Banks Preview 01:13

Financial Institutions Preview 03:01

Government as a financial institution Preview 01:29

Fundamentals Quiz

Testing the concepts covered in the section.

Economy and Finance Preview 01:28

Role of economy and finance in daily life Preview 01:23

Inflation Preview 02:54

Global statistics

A tool to compare some key economic indicators that will give an idea about the macroeconomic perspective of the world. Statistics can sometimes be deceptive especially in abrupt changes like the pandemic. The key to reading such data is to look at the long-term trends instead of short-term views.

Macroview Quiz

Testing your understanding of the concepts.

Why are banks needed? Preview 02:32

How banks work? Preview 04:28

Loans, credits and collaterals Preview 05:32

Mid section quiz

Liquidity Preview 03:31

Loans and credit scores Preview 01:31

Section end quiz

Home Loans/Mortgage Preview 03:36

Student/Education Loan Preview 02:26

Auto Loans Preview 01:28

Business Loans Preview 01:08

Personal Loans Preview 01:21

Credit Cards Preview 02:50

Margins in equities Preview 02:35

Loans section quiz

Concept of stock market Preview 02:26

How we get exposed to securities? Preview 01:04

Why is understanding securities a necessity? Preview 01:18

ESOPs Preview 02:46

Sweat Equity Preview 02:25

Concept of market indexes/indices Preview 01:31

Concept of market capitalization Preview 05:59

Section end quiz

Fixed income instruments Preview 02:25

Types of fixed income instruments Preview 03:30

Gold as an investment avenue Preview 01:37

Real Estate Preview 02:12

Cryptocurrencies Preview 05:57

Venture Capital Preview 02:14

Section end quiz

Basic concept of insurance Preview 03:53

Types of insurance Preview 06:58

Taxes - Connecting the dots Preview 03:07

Taxes and securities Preview 02:33

Management Fees Preview 06:18

Section end quiz

Investment: A close look Preview 01:54

Income: A more formal definition Preview 02:30

Saving: Understanding the scope Preview 01:35

Index Funds Preview 03:56

Gigeconomy Preview 04:28

Section end quiz

How recessions affect lives: Personal Story Preview 04:36

Food for thought

Closing remarks Preview 03:23