Course information
Learning outcomes
Finance is everywhere in daily life. We make financial decisions about what to study, where to work, where to live, and how to consume, save, borrow, invest, and insure. This course helps you navigate these decisions by providing the tools necessary for you to become financially literate. This understanding will help you to take ownership of your personal finances and achieve your life goals.
Content
Ownership, financial markets, time value of money, borrowing, saving, investing, inflation, mortgages, retirement, taxes, risk and return, decision-making biases, financial advice
Teacher
Samuli Knüpfer
Study material
See course syllabus.
Workload
Lecture preparation:
Classroom hours: 24 h
Class preparation: 52 h
Assignments: 52 h
Exam preparation: 30 h
Exam: 3h
Prerequisites
There are no prerequisites. The course is intended for all Aalto students, including exchange students.
Evaluation
Exam 70%, Assignments 30%
Teaching time and location
The teaching time and the location of the course can be found at Sisu information system
- The link leads to Completion methods tab of the course page
- From the top of the page (Version drop-down menu), check that academic year 2025-2026 is selected
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From the blue bar, click Lecture and open the Groups and teaching times tab to see the teaching time and the location of the course. Exam times can be seen by clicking Exam.
Exam instructions at the Open University
The teacher has four (4) weeks to grade the exam submissions starting from the exam date.
Online learning environment for the course
MyCourses online learning environment is a tool for both students and teachers for communication and managing everyday course work. You need an Aalto User ID to log in to the course's MyCourses workspace and participate in teaching.
Digital workspace of the course:
MyCourses
More details on completing the course will be available at MyCourses closer to the start of the course.
Registration and course fee
Registration for Open University courses is done via the link below:
Course registration
Registration for this course starts on 23.3.2026 at 9.00
Registration for this course ends on 6.5.2026 at 23.59
It is not possible to register before the registration period has started or after it has ended.
The number of participants is limited to 50.
This course is organized by the Aalto University School of Business.
The course fee is paid upon registration for each course at a time and it is binding. Familiarize yourself with registration and payment rules as well as other guidelines for students:
Registration, payments and rules
Activating Aalto ID and Multifactor Authentication
You can activate your Aalto User ID the day after the registration and you should activate it no later than the day before the start of the course.
Instructions for activating your Aalto user ID
Once you have activated your Aalto user ID, also enable multifactor authentication. Some of Aalto University's services require multifactor authentication.
Instructions for using Multifactor Authentication