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Indian Institute of Management Bangalore

Personal Finance Management

Indian Institute of Management Bangalore via Swayam

Overview

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This course provides a structured approach to personal finance and investment planning, equipping participants with essential financial literacy skills. It covers four key areas: understanding personal finance, contingency and insurance planning, investment and tax planning, and retirement and estate planning. Participants will learn budgeting, cash flow management, goal setting, and risk assessment through insurance. The course also introduces investment concepts, including stocks, mutual funds, Sensex and Nifty, fixed-income securities, and tax-saving avenues. Additionally, it emphasizes retirement planning, pension schemes like NPS, and estate planning through nominations, wills, and power of attorney. By the end of the course, learners will be equipped to make informed financial decisions and secure their financial future. With rising inflation, increasing financial complexity, and limited financial literacy in India, this course empowers students to make informed money decisions, build wealth, and achieve long-term financial security.

Syllabus

Week 1: Foundations of Personal Finance

Week 2: Managing Financial Risks - Contingency & Insurance Planning

Week 3: Investment Basics - Stocks, Indices & Mutual Funds

Week 4: Fixed Income, Tax-Saving & Government Schemes

Week 5: Risk and Return Analysis

Week 6: Debt Management and Loan Planning

Week 7: Retirement Planning & Power of Compounding

Week 8: Estate Planning & Wealth Transfer

Taught by

Deepika S R

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