Online “open” education site Coursera has a free personal financial planning course starting January 14th, 2013. It will run for 7 weeks, requiring 3-6 hours of work per week, and you get (likely worthless) certification of completion at the end. I haven’t seen anything similar at the other major MOOCs, Udacity or edX. Here’s the course description:
This course was created to help those who cannot afford extensive planning assistance better understand how to define and reach their financial goals. It provides basic understanding so informed decisions can be made. The course can also be seen as a reference for individual topics that are part of personal financial planning.
Financial planning, in the broadest sense, is an effort to manage all aspects of a person / family’s financial affairs. Classically, that begins with planning family spending and extends through risk management (insurance), taxes, wealth accumulation, investing, and wealth distribution (retirement and estate planning).
I signed up as I’m interested in online education in general, and my hope is that it will be more interactive and engaging than just reading a good personal finance book. It appears to be based on a UC Irvine OpenCourseware course, which has all the modules online here. Interestingly, the course originated from a grant from the owners of the Certified Financial Planner (CFP) designation. However, if there aren’t good videos and/or assignments and it’s just a bunch of Powerpoint slides, then I’m going to be a MOOC drop-out.
By Jonathan Ping | College & Education | 1/13/13, 11:08pm