Personal Finance

Aims

What are your dreams and goals? Probably most of them require money to realize them.
This course provides the first steps and tools to make (the right) financial decisions. Besides it covers many life-cycle financial decisions, including retirement, buying real estate, mortgages, investments, taxes and consumer credits.

Content

Rule of 72. - What is the effect of interest and compound interest?
How can I invest my money to safe up for my goals? - Don’t forget to diversify your risk!
How can I consider ESG criteria in my investments?
How can I manage my retirement provision? - Start early and compound interest will help you.
Can I afford to buy a flat or house? Do I have enough equity and earn enough money?
What is a consumer credit? What do I have to know?
What are the effects of inflation on my income, debt and capital?
What do I need to know about taxes in Switzerland?
Which biases affect consumers’ finance decisions?

Methods

Lecture (including exercises) and individual/group exercises. Discussions with the participants depending on their own financial goals.

Target Group

All Doctoral Candidates & Postdocs

About the Trainer

Dr. Jacqueline Henn is lecturer in Banking and Finance at the WWZ, University of Basel.

Workload

Total of 20h (4x 4h course attendance and around 4h individual/group exercises)

Feature

Once registration is open, applications will be collected for 24 hours and course places allocated by lot. All registrations received after the initial 24h period will be put on a waiting list and assigned on a first come, first served basis.

Course places/places on the waiting list will be confirmed by e-mail. Course registrations can only be canceled before the registration period ends (send an e-mail to grace@unibas.ch). Full course attendance is mandatory. Participants who fail to attend a course without prior notification or withdraw after the registration deadline are subject to a fee of CHF 30. In addition, participants who cancel their course registration at a later point in time, are absent without an excuse or do not attend the entire course will, for reasons of fairness, not be considered for course registration in the following semester and will be removed from other courses offered in the same semester. Please find the detailed regulations on the Transferable Skills Homepage.