FUNDAMENTALS OF PERSONAL FINANCIAL PLANNING

About this Course

  • 323 students enrolled
  • 10 instructors

Course Description

The MOOC, “Fundamentals of Personal Financial Planning,” provides a comprehensive understanding of personal finance. It covers personal finance basics, money management tools, tax strategy planning, consumer credit management, asset protection and risk insurance, investment strategies, securing financial future through retirement and estate planning, and enhancing financial surveillance through understanding cyber security. The course is designed to equip learners with the necessary tools and techniques to manage their financial future effectively, offering valuable insights and strategies to help achieve financial goals.

Course Learning Outcomes

1 ) Apply knowledge of financial planning and management skills to deal with limited resources and solve money-related problems.
2 ) Disseminate diverse jargon of Personal Financial Planning through collaboration to empower self, family, and society in making sound financial decisions.
3 ) Explain the concept and process of personal financial planning.

Course Details

STATUS : Open
DURATION : FLEXIBLE
EFFORT : 120
MODE : 100% Online
COURSE LEVEL : Beginner
LANGUAGE : English
CLUSTER : Business & Management ( SP )

Join this course

 Syllabus

1.1: Understanding Basic Concepts
1.2: Financial Planning Process
1.3: Personal financial goals and objectives

2.1: Personal Finance Records System and Storage
2.2: Essentials of Personal Financial Statements
2.2.1: Net Worth Statement
2.2.2: Cash Flow Statement
2.2.3: Personal Budgeting

3.1: Basic Concepts of Personal Taxation
3.2: Tax Deductions
3.3: Tax Filing and System
3.4: Tax Planning Strategies
3.5: Tax Offenses and Penalties

4.1: The Basics of Consumer Credit
4.2: Types and Products of credit
4.2.1: Closed end (instalments)
4.2.2: Open end (revolving)
4.3: Credit Capacity
4.4: Credit Scoring and Ratings.
4.5: Credit mistakes and Solutions

5.1: Basic Concepts of Insurance and Takaful
5.2: Types of Insurance and Takaful
5.3: Claims Process and Procedures

6.1: The Basics of Investing
6.2: Asset Allocation and Diversification
6.3: Steps for Effective Investment Planning

7.1: Retirement Planning
7.1.1: Pension and Provident Funds (EPF)
7.1.2: Private Retirement Schemes (PRS)
7.1.3 : Voluntary Savings and Investment

7.2: Estate Planning and Islamic Wealth Distribution
7.2.1: Wills, Trusts, and Power of Attorney
7.2.2: Islamic Estate Planning (Faraid and Hibah)
7.3: The Importance of Estate Planning

8.1: Cyber Security Fundamentals
8.2: Types of Financial Cyber Crimes
8.3: Measures of Cyber Security

Our Instructor

DR. SARMILA BINTI UDIN

 Course Instructor
UiTM Kampus Kota Kinabalu

DR. SITI RAHAYU BINTI BELI

 Course Instructor
UiTM Kampus Kota Kinabalu

NINALYN BINTI FRIDRICT

 Course Instructor
UiTM Kampus Kota Kinabalu

MARYAM QAAMEELAH OTHMAN

 Course Instructor
UiTM Kampus Kota Kinabalu

DR. MOHD SAMSURI BIN GHAZALI

 Course Instructor
UiTM Kampus Raub

MUHAMMAD ZAINUDDIN BIN MOHAMED AZUDIN

 Course Instructor
UiTM Kampus Raub

 Frequently Asked Questions

A1 : This course typically covers a range of topics including budgeting, saving, investing, retirement planning, insurance, and managing debt. The exact curriculum may vary depending on the provider.

A2 : The Fundamentals of Personal Financial Planning is designed for anyone interested in improving their financial literacy, from students just starting out, to adults looking for a refresher. No prior knowledge of financial planning is required.

A3 : The duration of the course can vary depending on the pace of the learner. Typically, it might take a few weeks to a few months to complete the course if one dedicates a few hours each week.
Please note that these are general FAQs and the specifics might vary depending on the course provider. It’s always best to check the course details on the provider’s website.