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Last modified: 25 May 2018 11:16

Course Overview

The objective of the course is to introduce the concept of personal financial management. This is done by developing financial awareness and capability in evaluating contemporary products of the financial services industry through an understanding of the industry's institutions, regulation, marketing and products. The aim is to give students the knowledge that they need to make long term decisions about their own and other people's finances that will increase life-time wealth. They will also learn about the role of the financial advisor and the qualifications required both from the perspective  of a consumer and as a potential career option.

Course Details

Study Type Undergraduate Level 2
Session First Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus None. Sustained Study No
  • Dr Bob Duncan

Qualification Prerequisites

  • One of Programme Level 2 or Programme Level 3 or Programme Level 4

What courses & programmes must have been taken before this course?

  • Any Undergraduate Programme (Studied)

What other courses must be taken with this course?


What courses cannot be taken with this course?

  • AC2028 Personal Investment (Studied)

Are there a limited number of places available?


Course Description

  1. Introduction to the course. Key personal finance concepts and the importance of the time value of money.
  2. The FSA and the concept of Savings. (a) Tax implications of alternative savings products.
  3. Approaches to investment.
  4. The concept of Borrowing and alternative products available to the individual.
  5. The concept of Pensions and retirement. (a) Alternative pension arrangements and tax implications.
  6. Guest speakers on 'Being a financial advisor' and 'Insolvency' (2 lectures).
  7. The concept of insurance and insurance products.
  8. Ethical and moral approaches to personal finance.
  9. Review of personal finance.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers

Details, including assessments, may be subject to change until 30 August 2024 for 1st half-session courses and 20 December 2024 for 2nd half-session courses.

Summative Assessments

1st Attempt:

1 two-hour examination (70%);

4 x online muliple choice questionnaires (30%)

a group oral presentation (10%),

and submit the powerpoint slides for external review; and online quizzes (20%).


Resit: 1 two-hour written examination (100%).

Formative Assessment

This will take place via tutorial discussions and availability of a specimen exam with available model answers.


Written feedback is given on the tutorial presentations and on the individual assessments.

On a less formal basis, via verbal feedback during tutorial discussions, and after tutorial presentations.

Course Learning Outcomes


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