Financial Literacy

Anadolu University
Finance means money, capital, fund and resource. Financial Management is

making a decision on how to provide optimally monetary resources required to

meet the needs of each economic unit and how to allocate these resources

optimally to cover the expenses. In daily life, all economic units are engaged in a

kind of financial management, though not deliberately. For instance, a student

raises funds when he or she applies for a grant or loan or asks for pocket money

from the family, and makes a decision on fund using when he or she goes to the

cinema and/or a café. Similarly, a family, an organization or a country tries to

optimize its fund inflow and fund use. It is important for all economic units to

have minimum knowledge of finance to ensure such optimization. Informed

financial choices activate financial management and minimize inefficient fund

use. Financial literacy has drawn considerable attention across the world, as it

allows a large section of society to gain basic financial knowledge and hence to

raise and use money and make a budget appropriately.

The aim of this course is to enable participants to gain basic financial literacy

skills so that they make right financial decisions in every stage of their lives.

Week 1. Fundamental financial concepts

Week 2. Main financial institutions and organizations

Week 3. Loan, credit and time value of money

Week 4. Saving: savings, budget and planning

Week 5. Investment: feasibility, risk and income

Language: Turkish


Duration: 0 weeks

Hours of study: 25 hours

EQF-Level: EQF level 5 - Foundation/Diploma of Higher Education



Delivery mode: Learn anywhere online



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