On this free online course, you'll learn about different investment choices, the returns and risks associated with each, and the evidence about their historical performance. You'll explore investment strategies, as well as the practicalities about involvement in personal finance markets. And you'll look at how to avoid the individual and group behavioural traits that can impair effective investment decision making.
Research shows that UK households are poor at investment management with a limited understanding of investment choices, risks and returns. The resultant 'savings gap' threatens a scenario where many cannot afford to retire.
Elsewhere households fail to plan properly, to make their investment choices fit with their risk appetites and the time horizons for access to their funds. This course aims to give you the tools to avoid these personal finance nightmares.
Throughout, the course will provide recent and current case studies on investment issues, to demonstrate how the ideas and issues explored in the course are reflected in the arena of personal investments.
Managing my investments aims to give you the knowledge and confidence to take charge of your investments and your financial future.
Please note that the forum referred to in course videos is no
longer available.
This course is presented on OpenLearn with the kind support of True Potential LLP. If you want to know more about the work of the True Potential Centre for the Public Understanding of Finance (PUFin) and its mission to improve personal financial capability, check out the centre's website. The centre, generously funded by True Potential LLP, has a mission to develop teaching and undertake research to help improve public financial capability.
This course is intended for those with an interest in developing their personal financial skills to make good decisions when managing their finances and buying financial products. The course does not require any previous experience of studying this subject.
This course has generously been supported
by Harrison Centre for Social Mobility, whose
aim is to make a difference in social mobility through
education, training and skills development. For more information about the
charity go to Harrison
Centre for Social Mobility.
By enrolling on this course you can track your progress and gain a Statement of Participation for completing the whole course.
Course learning outcomes
After studying this course, you should be able to:
- understand how to make different investment choices
- discuss returns and risks associated with investments and historical performance
- explore practicalities of involvement in personal finance markets
- understand individual and group behavioural traits that impair effective investment decision making.
First Published: 17/06/2015
Updated: 13/11/2023
https://www.open.edu/openlearn/money-business/mses-academy-money/content-section-overview
...however, this course does indeed contain some useful additional material.
A few issues:
1) Whilst the course notes have, thankfully, been updated at a point within 2023 (which is unfortunately often not the case with the OU) this had NOT been reflected in the associated Word document. In addition to text changes the numbering of figures was also updated in places.
After the events of Spring 2025, no doubt if updated again there would need to be a new section on the Trump effect on the global financial markets. That said, does anyone actually understand it!?
[Aside: it was interesting to note that 1 stock image of a retirement group was itself updated, due to the original showing a man with his arm around the waist of one of his female colleagues.]
2) 2.4.7 and 3.1.1 link to the same video text, perhaps the video could have been edited to focus on the specific issues that were being reflected upon, or even to merely state that the text had already been covered earlier.
3) The BBC Market Data tool was discontinued in 2024.
4) 6.1 Questions answered
Managing my investments: your questions answered has been discontinued.
5) End-of-course round-up
The optional survey has closed.