The field of financial management deals with the financial aspects of any organization. Its main objective is to achieve financial stability and profitability within the organization. Hence, financial management courses ate of immense popularity amongst freshers and professionals interested in financial management. It is crucial, not only for businesses and organizations but also for personal financial management. Personal finance management is important to beat the inflation as well as learn the prospective ways of earning higher returns.

Financial experts usually carry out such courses. They are experienced professionals trained in financial analysis, risk management, or budgeting. In this article, we will give you an overview of the different online financial management courses available for your comprehensive learning.

Importance of enrolling in financial management courses

There are several benefits of financial management for interested people. The courses have a prime goal of offering a deep understanding of financial management.

The courses thoroughly cover every realm of financial management. For instance, economic and financial indicators, working capital, cash flow, budgeting, capital structure, or financial solvency. Listed below are some of the advantages of training in financial management courses.

• Better understanding for non-financial professionals

These courses are suitable for financial heads, team members, and non-financial managers who need a better understanding of essential financial management.

• Introducing cost reduction methods

Financial training helps managers with the ability to think concerning financial aspects at work. In addition, it helps to improve different financial processes over time to reduce cost and increase efficiency.

• Improving employee satisfaction

The courses improve the level of knowledge amongst employees. All this develops a better work atmosphere and enhances employee satisfaction.

• Guesswork removal

Finance management courses are designed for middle-level managers who are in dire need of financial skills. It helps develop urgent finance skills and practice better accounting capability.

• Providing better managerial opportunities

It helps to enhance work-related skills by applying the learning from the courses. In addition, business managers can make the most of it by making themselves more competitive for internal and external job opportunities.

Top Online Wealth Management Courses

• ElearnMarkets

ElearnMarkets offer a combined course, “Personal Financial Management”, designed to encourage participants to help gain knowledge and undertake personal finances more effectively. It an all-inclusive growth course suitable for Indian professionals and stock market enthusiast.

With the help of this course, a professional or even a retail investor can receive substantial knowledge about financial markets and products and financial planning. In addition, it will build an ability to generate higher returns on investments.

The financial planning course covers different topics like capital market structure, mutual funds, currency markets, portfolio management, technical and fundamental analysis, investment evaluation, and risk management. This course is a combo offer and comes with two more courses, “Online NSE Academy Certified Capital Market Professional (E-NCCMP)” and “Certification in Online Wealth Management”.

The all-inclusive online wealth management course, helps create financial plans for clients and accomplish goals. It helps to maintain, conserve and increase financial wealth.

It covers financial aspects like equity or debt risk management, investing in gold and real estate, investment evaluation, product and service investment, taxation, and estate planning, to name a few.

Besides, the Capital Market Professional (E-NCCMP) course by Elearnmarkets is available to create strong knowledge on techniques and tools that offers an in-depth understanding of how capital markets function. It is the best comprehensive beginner’s course to empower stock market enthusiasts into financial learning.

• Udemy

Udemy’s “The Complete Personal Finance Course: Save, Protect, Make More” is a personal finance course of excellent value, available at a low cost. Best-selling author and award-winning professor Chris Haroun developed the program for personal finance management enthusiast. Based on real-life practical knowledge and experience, the course includes 122 lectures over 16 hours of online videos. Over two dozen lectures will be presented on topics ranging from taxes to housing and pet care to saving money.

It covers finance-related topics like budgeting, college funding, less tax strategies, investment portfolio management, and retirement planning. Every Udemy user receives lifetime access to materials that are updated regularly.

• Edx

“Personal Finance” by Edx, is a comprehensive course stacked with learning tools and resources. It is a self-paced Purdue University-developed course. It is designed specifically for beginners emphasizing improving financial literacy.

It is a five-week course that consists of weekly learning patterns, including short videos combined with interactive learning exercises. It allows participants to practice whatever they learn.

It allows participants to receive an in-depth study of the value of money, the basics of the stock market, and the interplay between credit, insurance, and investment. It is a foundation for appreciating and understanding different financial applications to analyze personal decisions that one makes.

• Ramsey Solutions

It offers top-tier educational courses on finance as well as related resources. Every course here is authored by the author, Dave Ramsey himself. Besides, it provides best-selling books on finance, reaching millions. His Financial Peace University has lent finance courses to thousands of people who wanted to control their finances. Ramsey Solutions offers different courses on personal finance suitable for every age group from Middle School to High School to College. You can enroll in any one of the courses and learn the basics of personal finance management at large.

Joining Ramsey+ provides extra motivation and community support amongst its users. It is an interactive online community catering to thousands of users. In addition, they have access to the money mentor himself that understands the actual value of personal finance.

• Khan Academy

It is known for its immense reputation for delivering quality education online for fifteen years through its services. That’s why it’s an excellent choice for a personal financial management course. Expert finance instructors offer extensive courses on different aspects of finance, completely free of cost.

Khan Academy is a non-profit education organization globally leading in free online education. It was founded by Sal Khan in the year 2008, who has built himself into a global leader in free online education.

Sal developed and taught the “Personal Finance” course in large part. The course is structured around video lectures, interactive quizzes, short readings, and comment threads. It includes nine courses that cover the basics. In a typical course, there are units that contain lessons with all the materials and resources you’ll require.

Every finance course is developed, curated, and taught by experts from a financial background. The learning site tracks the course users of the course, capturing the amount of time spent on the course online and the exams given.

• Duke University

For mastering personal finances, one must learn how behavior may influence one’s financial decision-making. The university’s “Behavioral Finance Course” is free and taught by experts.

Individuals’ behavior influences their biases and attitudes towards money, which influences financial decisions and their long-term consequences. Therefore, a world-class university offers free online courses via Coursera, a learning platform curated to teach courses by Professors worldwide.

This is a five-hour course taught by expert professionals, providing detailed instructions through online videos, with readings and quizzes in each segment. Professor Emma Rasiel, a professor and chair of the Department of Economics, provides detailed instruction through online videos in this course. The course contains supplementary quizzes and readings at the end of each segment.

Bottom Line

There are several advanced personal financial management courses online for professionals to strengthen their work profiles. Having a career in finance management paves the way in a flourishing manner, offering lucrative career opportunities for the long term.

Based on areas of interest in finance, freshers and professionals may enroll in finance management courses to enhance their skills and knowledge in chosen areas. The proper education and guidance allow people to embody the right skill set for managing financed, gain competitive benefits amongst peers and gain better opportunities for landing good job roles in well-known companies