Test Learning Path
Beneficiary Fundamentals - Course 1
Beneficiary Fundamentals Course 1 introduces the four “M’s” that inspire beneficiary stewardship. The course reviews important stewardship concepts when it comes to beneficial ownership around
- mentoring, and
Personal Finance Fundamentals - Course 1
Personal Finance Fundamentals Course 1 sheds light on the purpose of financial plans – the why, what, and how – as well as how to set goals considering a beneficiary’s needs, wants, and wishes. The five basic building blocks of financial planning are explored in detail. These financial planning building blocks include saving, spending, giving, income, and budgeting. Risk management and long-term factors are reviewed. Finally, the course concludes with an applied learning exercise which gives students the opportunity to create their own basic budgets.
Personal Finance Fundamentals - Course 2
Personal Finance Fundamentals Course 2 introduces various financial statements including income statements, balance sheets, and statement of cash flows. Students learn the fundaments of how to read and analyze these statements. Financial statement subtotal measures such as gross margin, operating income, and EBITDA (earnings before interest, taxes, depreciation, and amortization) are reviewed. Finally, measures and ratios that reveal financial performance are detailed including working capital, current ratio, quick ratio, earning per share, debt-equity ratio, and return on equity.