Basic Financial Literacy

1. Explain basic financial concepts and terminology.
2. Evaluate investment opportunities and manage risk.
3. Develop a personal financial plan.
4. Understand the role of financial markets and institutions.
5. Apply financial literacy skills to make informed decisions.

13 weeks, about 60 hours in total. Yours will differ.

1. Week 1Module 1:

   • Unit 1: Meaning, Nature And Types Of Investment · 2 hours

     Understand the meaning and nature of investment.. Identify different types of investments.. Analyze the characteristics of investment options..

   • Unit 2: Venture Creation · 2 hours

     Define venture creation and its importance.. Explore the process of venture creation.. Discuss the role of entrepreneurs in venture creation..

2. Week 2Module 1:

   • Unit 3: Diversification As A Basis Of Investment Portfolio · 2 hours

     Define diversification and its role in investment.. Analyze the advantages and disadvantages of diversification.. Learn how to avoid inappropriate diversification..

   • Unit 4: Investing Wisely In Capital Market Using Hedging · 2 hours

     Understand hedging and its application in capital markets.. Evaluate the advantages and disadvantages of hedging.. Apply hedging strategies to minimize investment risk..

3. Week 3Module 2:

   • Unit 5: Investing Wisely In Capital Market Using Arbitrage · 2 hours

     Define arbitrage and its role in capital markets.. Understand the process of using arbitrage for investment.. Analyze the conditions necessary for arbitrage opportunities..

   • Unit 6: Investing Wisely In Capital Market Using Speculation · 2 hours

     Understand speculation and its role in capital markets.. Analyze the advantages and disadvantages of speculation.. Apply speculation strategies to maximize investment returns..

4. Week 4Module 2:

   • Unit 7: Investment In Derivatives · 2 hours

     Define derivatives and their characteristics.. Identify different types of derivative contracts.. Analyze the uses of derivatives in investment..

   • Unit 8: Investment Portfolio In Properties And Commodities · 2 hours

     Explore investment portfolios in properties and commodities.. Understand the sources of information for property investment.. Analyze risk management in property investment..

5. Week 5Module 2:

   • Unit 9: Leveraging On Debts & Venture Capital In Creating Wealth · 2 hours

     Understand leveraging on debts and venture capital.. Differentiate between equity capital and debt capital.. Analyze the advantages of venture capital financing..

   • Unit 10: Intellectual Property And Royalties · 2 hours

     Define intellectual property and royalties.. Identify intellectual property rights.. Analyze situations warranting payment of royalties..

6. Week 6Module 3:

   • Unit 11: Financial Market Instruments · 2 hours

     Conceptualize financial markets.. Identify and explain money market instruments.. Analyze capital market instruments..

   • Unit 12: Capital Gains And Continuous Cash Flows · 2 hours

     Differentiate between cash flow and capital gains.. Understand capital gains investing.. Analyze the principles of capital gains investing..

7. Week 7Module 3:

   • Unit 13: Building Personal Cash Flows (Savings) · 2 hours

     Understand the importance of savings.. Identify different methods of saving money.. Analyze reasons for building personal cash flows..

   • Unit 14: Personal Financial Planning · 2 hours

     Define personal financial planning.. Identify basic issues in personal financial planning.. Analyze the personal financial planning process..

8. Week 8Module 3:

   • Unit 15: Maintaining Savings Account For Cash Reserves · 2 hours

     Differentiate between cash savings and cash investment.. Understand the nature of savings accounts.. Analyze the advantages and disadvantages of savings accounts..

   • Unit 16: Planning For Contingency Fund · 2 hours

     Define contingency funds.. Identify types of contingency funds.. Analyze commitments qualifying for contingency funds..

9. Week 9Module 4:

   • Unit 17: Insurance And Risk Hedging · 2 hours

     Conceptualize insurance and risk hedging.. Understand the legal principles of insurance contracts.. Analyze the characteristics of insurable risks..

   • Unit 18: Understanding Tax Issues · 2 hours

     Understand tax issues.. Explain taxation and fiscal regulations in Nigeria.. Analyze the tripod of the Nigerian tax system..

10. Week 10Module 1:

    • Unit 1: Meaning, Nature And Types Of Investment · 3 hours

      Review key concepts from Module 1.. Practice self-assessment exercises.. Prepare for Tutor-Marked Assignment (TMA)..

    • Unit 2: Venture Creation · 3 hours

      Review key concepts from Unit 2.. Practice self-assessment exercises.. Prepare for Tutor-Marked Assignment (TMA)..

11. Week 11Module 2:

    • Unit 5: Investing Wisely In Capital Market Using Arbitrage · 3 hours

      Review key concepts from Module 2.. Practice self-assessment exercises.. Prepare for Tutor-Marked Assignment (TMA)..

    • Unit 6: Investing Wisely In Capital Market Using Speculation · 3 hours

      Review key concepts from Unit 6.. Practice self-assessment exercises.. Prepare for Tutor-Marked Assignment (TMA)..

12. Week 12Module 3:

    • Unit 11: Financial Market Instruments · 3 hours

      Review key concepts from Module 3.. Practice self-assessment exercises.. Prepare for Tutor-Marked Assignment (TMA)..

    • Unit 12: Capital Gains And Continuous Cash Flows · 3 hours

      Review key concepts from Unit 12.. Practice self-assessment exercises.. Prepare for Tutor-Marked Assignment (TMA)..

13. Week 13Module 4:

    • Unit 17: Insurance And Risk Hedging · 3 hours

      Review key concepts from Module 4.. Practice self-assessment exercises.. Prepare for Tutor-Marked Assignment (TMA)..

    • Unit 18: Understanding Tax Issues · 3 hours

      Review key concepts from Unit 18.. Practice self-assessment exercises.. Prepare for Tutor-Marked Assignment (TMA)..