Introductory Personal Finance

This subject introduces students to the management of personal finances as well as consumer financial products and services. It discusses the notion of financial wellbeing and its relation to other aspects of wellbeing. It then describes the typical financial problems people encounter in their lives and the key financial products and services used to address them, including investing in financial securities, purchasing real estate and funding retirement. The subject also discusses relevant aspects of taxation, government incentives as well as human decision-making. This subject is aimed at students envisaging a career in consumer financial services, as a financial adviser or in the public service (e.g., regulation). It also provides a basis for personal financial decision making