Contact Us:newpawsibilities2@gmail.com

NewPawsibilities

Search
Close this search box.
Education

Why Should You Prioritize a Financial Management Course for Personal Growth?

  • March 16, 2024
  • 3 min read
Why Should You Prioritize a Financial Management Course for Personal Growth?

Financial literacy is considered one of the most important secrets to building wealth.

Robert Kiyosaki, author of the international bestseller Rich Dad Poor Dad, frequently emphasizes the importance of financial literacy.

According to Richdad.com, a lack of financial literacy is estimated to cost Americans over $2.3 trillion throughout their lifetimes.

So how do you educate yourself and become financially smart?

While there are many ways to achieve financial literacy, one of the best ways to do this can be through a financial management course at a reputed school or university of your choice. 

However, choosing a course can open your understanding and help educate you in deeper aspects of Finance.

What are the benefits of becoming a financial management graduate?

 

Becoming a graduate in financial management has many benefits:

  1. You can gain a strong sense of understanding of core financial principles.
  2. You can obtain key positions within the financial management industry.
  3. You can increase your chances of employment. 
  4. Obtain a salary hike in financial job roles.
  5. Get promoted to the next level of your job.
  6. Become a subject matter expert in financial management.
  7. Get opportunities to become a valuable member of society who helps people gain financial education.

What are the types of financial management courses?

 

When you decide to pursue a financial management course, you may have to choose from a vast list of courses. This can be difficult for you as a beginner or fresh graduate and hence we have curated a list of the best financial management courses to choose from this year.

Types of financial management courses:

 

  1. Part-time professional advancement course: These courses aim to help you progress in your career and even provide job and placement assistance. Part-time professional courses may last for around 1-3 months in total.

 

  1. Full-Time Degree courses: A Master of Business Administration course focusing on financial management can also be a great pick for those wishing to obtain a Postgraduate degree in Business administration within Finance.

 

  1. Diploma in Financial Management: This course can range anywhere between 6 months to 1 year and can make you job-ready, well informed and establish strong financial management foundations within you even if you come from a non-financial background. This also can be a great place to start when you wish to improve your personal growth and financial literacy.

 

  1. Short Courses in Financial Management: You can also opt for these short courses in financial management that can help you obtain an overview of financial management, basic financial management principles and industry trends. These courses typically range from 3 to 4 weeks in duration.

 

Is a course in financial management worth it?

 

Yes. Did you know that a financial manager in the UK can draw salaries of £47,000 to £ 71,000? (Source: Glassdoor.com)

What’s more, salaries in the UK have been predicted to rise by at least 4% annually for all jobs and occupations. Just imagine how lucrative this field of work can be for you. 

Overall, deciding on whether a financial management course is best for you or not, always check your motives. Are you passionate about finance and are you determined? What are your goals and what do you wish to obtain through this? Once you are established in your decision, consider enrolling today!

About Author

Jinal Shah