About the Course

Savings Course is developed by our partner, German Sparkassenstiftung for International Cooperation (DSIK). From this course, you will learn essential strategies to save effectively, budget wisely, and secure your financial future, regardless of your current financial knowledge or resources. The course will empower learners with practical knowledge to build a stable financial foundation and achieve their long-term goals.

Resources:

German Sparkassenstiftung for International Cooperation: Savings course (developed for the project: Strengthening financial capabilities in the Kingdom of Thailand).

Please find below the detailed content description of each unit.

Unit 1: Foundations of Savings

Participants will define 'savings' and categorize its purposes, understanding the basic rules and principles guiding effective saving habits. They will explore factors influencing savings, distinguishing between controllable and uncontrollable elements, and learn strategies to optimize their saving potential.

Unit 2: Savings for Emergencies

Participants will learn to identify different types of emergencies and assess their financial implications. They will acquire skills to estimate the necessary funds for addressing emergencies effectively. Moreover, participants will understand the importance of prioritizing the creation of an emergency fund as a crucial savings objective, enabling them to enhance their financial preparedness and resilience in the face of unforeseen circumstances.

Unit 3: Setting Financial Goals

Participants will learn to set and prioritize financial goals according to their individual needs and aspirations. They will understand how the funds required to achieve a goal, the designated savings target, and the timeline for achievement are interconnected.

Unit 4: Effective Savings Techniques

Participants will differentiate between formal, semi-formal, and informal savings services within their community. They will gain insights into the advantages and disadvantages of each type of savings service. Additionally, participants will develop the ability to identify factors that influence their choice of a particular savings service, empowering them to make informed decisions aligned with their financial goals and preferences.

Unit 5: Savings Products and Calculating Interest

Participants will identify the most common savings products offered by formal savings service providers such as banks and articulate their main features. They will demonstrate the ability to match savings goals with suitable savings products based on their characteristics and benefits. Additionally, participants will acquire the skills to calculate simple interest and comprehend the concept of compound interest, laying the groundwork for informed decision-making and effective financial planning.

Requirements

There are no requirements to take this course. 


Course curriculum

    1. About the Course

    2. Sustainable Finance Course Resources

    3. Intro Survey

    1. The Concept of Planetary Boundaries

    2. The Global Risks

    3. The Greenhouse Effect

    4. The Impact of Climate Change

    5. The Problem with the Mean

    6. The Concept of Sustainability

    7. Quizzes for Unit 1

    1. The Double Materiality

    2. Corporate Citizenship, Corporate Social Responsibility, and Corporate Sustainability

    3. Efficiency, Consistency and Sufficiency

    4. Sustainable Finance I

    5. Sustainable Finance II

    6. Overview of Sustainable Finance

    7. Quizzes for Unit 2

    1. The ESG Factors

    2. The Distinguishment between ESG and Sustainability

    3. ESG Risk Regulation

    4. ESG Risks

    5. ESG Risks as Cross Risks

    6. Quizzes for Unit 3

    1. The Transformation

    2. The Green Business Case

    3. Transformation Finance

    4. Quizzes for Unit 4

    1. Sustainable Finance Products

    2. Sustainable Investment Funds

    3. Green Bonds and Social Bonds

    4. Sustainable Loan and Savings Products

    5. The Green Taxonomy

    6. Quizzes for Unit 5

About this course

  • $60.00
  • 53 lessons

Instructor(s)

Professor Dr. Tobias Peylo

Dr. Tobias Peylo is Professor of Business Administration and Finance at Kempten University of Applied Sciences. His research and teaching focuses on green finance, sustainability management and risk management. At the same time, in cooperation with German Sparkassenstiftung for international cooperation, he designs tools in the context of green finance and implements them in international projects together with banks and central banks. After studying finance and banking, he completed his MBA in sustainability management at the University of Lüneburg, where he also completed his doctorate. Dr. Peylo initially worked in several management consultancies with a focus on risk management and regulation. He then worked at Finanz Informatik as an in-house and management consultant specializing in bank management and corporate planning. As a consultant at the Savings Banks Association of Baden-Württemberg, he dedicated ten years to strategy development and the anchoring and implementation of the topic of sustainability in the savings banks. He is the author of various scientific publications on topics in the areas of risk management, corporate planning and sustainable finance and is also a lecturer in sustainable finance at the University of Lüneburg.