Best Online Financial Literacy Courses and Programs (2024)

FAQs

What is the best degree for financial literacy? ›

For a student who is entering college with the goal of becoming a financial advisor, a strong prospect is to pursue a business degree with a concentration in finance. While studying business, students gain a broad understanding of banking and economics, which are important topics in understanding financial planning.

Enroll in The CFEI® Course

By now you understand that the Certified Financial Education Instructor℠ financial literacy certification program provides the skill sets you need to teach financial literacy effectively. Completing the program gives you added credibility and confidence when teaching.

The CFA Institute recommends a finance-related major such as a bachelor's degree in finance, accounting, statistics, economics or general business. While most employers don't require a master's degree, this advanced degree may help analysts move up to the next stage of their careers.

On average, to grasp the basic financial concepts, one can take six months to a year to become proficient in the concepts.

In this approach, like other popular budgets, 80% of income goes towards spendings, such as bills, groceries, or anything else needed. 10% of income goes directly into savings to ensure that money is added regularly. The last 10% of income goes to charity.

Chartered Financial Analyst (CFA) Certification

The CFA designation is highly sought after by finance professionals around the world. It consists of three levels and takes an average of about 4 years to complete all 3 levels. It is widely regarded as one of the top finance certifications.

Are online finance certificates worth it? ›

Earning your degree online can also provide you the flexibility to continue working while pursuing your education. "Online education in finance and other fields offers many benefits such as flexibility, affordability, accessibility and skill development that can create a pathway to additional education," Thatcher said.

The CFA designation is the most prestigious and sought-after qualification. To become a charter holder, it's necessary to pass three exams and is an equivalent of a master's degree. The CFA designation is reputed to be the most difficult certification to obtain, which works to the benefit of those who succeed.

The Khan Academy Financial Literacy course is self-paced and completely free. The course is made up of multiple units, each with its own lessons, covering topics like budgeting, saving, credit, investments, insurance, taxes, scams, fraud and more.

A Work From Home Financial Literacy Teacher in your area makes on average $30 per hour, or $0.89 (30.149%) more than the national average hourly salary of $29.55.

An MFin or MS in finance are strong options for students who prefer finance-specific courses or careers based on advanced mathematic principles. An MBA in finance provides students with more coursework on business and management principles for flexible careers within the business world.

The most common areas of study for such programs are education, healthcare, and STEM fields (science, technology, engineering and math). Students pursuing degrees in these areas may find substantial financial aid opportunities to offset the costs of their education.

Qualifications for a Financial Manager

Employers typically require a bachelor's degree in finance or a related field, such as economics, accounting, or business. Financial managers also need at least five years of experience in finance-related positions, such as financial analyst or accountant.