eLearnAfrica
Finance for Everyone: Smart Tools for Decision-Making
University of Michigan
  • Start Date: 25 Oct, 2021
  • 6 weeks
  • Study Content: Videos


Learn how the financial world works and how to manage your finances to make smarter decisions.

Course Fee: Free
Certificate Cost: See Fees and Eligibility
Enrol Now

Course Description

This course is made available through the eLearnAfrica and FutureLearn partnership.

Develop the tools to take control of your finances


From evaluating different types of loans, choosing whether to rent or buy, or deciding whether to go to university, it’s important to understand the value of each financial decision.


On this six-week course from The University of Michigan, you’ll understand how the financial world works while developing the frameworks that will help you make everyday financial decisions.


Discover the Time Value of Money


If you were given the choice of receiving a lump sum now or the same lump sum in two years, which would you choose? It may seem obvious to take the lump sum now, but there’s an important concept behind why: the Time Value of Money (TVM).


This course will guide you through the many applications of finance, including TVM and how interest and compounding affect the value of money over time.


Explore smarter budgeting and financial planning


When managing limited financial resources, the biggest asset is often financial planning and smart budgeting.


You’ll look at how to effectively plan your finances and allocate scarce financial resources in a value-add way, using the skills you’ve developed to make smart choices. This course covers the benefits of saving for the future, taking a loan, and how to simplify complex financial decisions, among other things.


Understand the complex world of stocks and bonds


The stock market can be a daunting topic to dive into, but it can also be a useful tool in effectively managing your finances.


This course will take you through the basics of stocks and bonds, what they are, the benefits and drawbacks of each, and how they work in the real world.


This course is designed for anyone interested in improving their financial literacy and learning how to think clearly about important financial decisions.


Certificate cost may vary. You will be redirected to the host page for cost and payment options.

University of Michigan

This university is part of the partnership between eLearnAfrica and FutureLearn.

This institution is available on eLearnAfrica through partnership with FutureLearn.

You may be able to download course materials after enrolling in this course. If not, all of the necessary course materials provided by the course instructor will be available on the provider's course page.
COLLABORATION POLICY

By enrolling in a course on or through eLearnAfrica, you are joining a special worldwide community of learners. The aspiration of eLearnAfrica is to provide anyone with an internet connection access to courses from the best universities and institutions in the world and to provide our learners the best educational experience internet technology enables. You are a part of the community that will help eLearnAfrica achieve this goal. eLearnAfrica depends upon your motivation to learn the material and to do so with honesty and academic integrity. In order to participate in eLearnAfrica, you must agree to the Honor Code below and any additional terms specific to a class.

ELEARNAFRICA HONOR CODE PLEDGE

By enrolling in a course, program, or degree hosted on the eLearnAfrica App or Site, I agree that I will:

  • Complete all tests and assignments on my own, unless collaboration on an assignment is explicitly permitted.

  • Maintain only one user account and not let anyone else use my username and/or password.

  • Not engage in any activity that would dishonestly improve my results, or improve or hurt the results of others.

  • Not post answers to problems that are being used to assess student performance.

  • Abide by any and all requirements of the eLearnAfrica Participants as may regard the expectations of civil or academic behavior or of community standards.

VIOLATIONS

If you are found in violation of the Terms and Conditions or Honor Code, you may be subject to one or more of the following actions:

  • Receiving a zero or no credit for an assignment;

  • Having any certificate earned in the course withheld or revoked;

  • Being unenrolled from a course, learning program or degree program; or

  • Termination of your use of the App and/or Site.

  • Additional actions may be taken at the sole discretion of eLearnAfrica and eLearnAfrica course providers. 

No refunds will be issued in the case of any corrective action for such violations.

Honor code violations will be determined at the sole discretion of eLearnAfrica, the Partners, or Members. You will be notified if a determination has been made that you have violated this honor code and you will be informed of the corresponding action to be taken as a result of the violation.

CHANGING THE HONOR CODE

Please note that we review and may make changes to this Honor Code from time to time. Any changes to this Honor Code will be effective immediately upon posting on this page, with an updated effective date. By accessing the App and/or Site after any changes have been made, you signify your agreement on a prospective basis to the modified Honor Code and any changes contained therein. Be sure to return to this page periodically to ensure familiarity with the most current version of this Honor Code.

Effective Date: September 22, 2016