Academic Year Programs

Understanding Your Money

Understanding Your Money

Understanding Your Money is a self-paced online course for high school students. This course offers an introduction to fundamental economic concepts, investing, and basic money management to help you make smarter financial decisions. In addition to online video lessons delivered by Wharton faculty, the course includes links to related readings, activities and glossary terms, as well as quizzes to test students on what you have learned.

Students will access the course on the Wharton Online learning platform. The course is on-demand and self-paced, so you can move through the material as your schedule allows. Understanding Your Money has no application process or prerequisites; students can simply click the Enroll Now button and start learning.

“Understanding Your Money is an introduction to economic concepts, money management and financial decision-making.”

–Mauro Guillén, PhD, Dr. Felix Zandman Professor of International Management; Professor of Management, The Wharton School

STUDENT BENEFITS

  • Enhance your understanding of money-management concepts
  • Learn from world-class faculty
  • Engage at your own pace with the convenience of online learning and flexible start dates
  • Earn a Wharton Global Youth Program certificate of completion to document your learning

Upon completion of this course, students will be able to

  • Define and apply key economics concepts and principles in financial decision-making
  • Define money and how you interact with it in different ways
  • Identify earning and budgeting skills, and explain the impact of financial problems on a person’s well-being
  • Articulate why people invest and how to develop smart investing strategies

Program Details

Eligibility:
Students in grades 9-12

Prerequisite:
None

Start Date:
Enroll Immediately

Time Commitment:

13-15 hours, self-paced

Format:

100% Online

Program Cost:

$329

Watch this course introduction video from Professor Mauro Guillén

Understanding Your Money Course Modules

Module 1: Economics

  • What Is Economics
  • Supply and Demand
  • Utility and Cost
  • Compound Interest and Discounting
  • Decision Making: Opportunity Cost

Module 2: What Is Money?

  • Currency and International Markets
  • Money in Action
  • The Role of Banks

Module 3: Earning and Budgeting

  • Jobs and Money
  • Budgeting
  • Living within Your Means
  • The Impact of Financial Problems on a Person’s Well-being

Module 4: Investing

  • Retirement Planning
  • Introduction to Investing
  • Risk and Return
  • Asset Allocation

Course FAQs

Course Information

WHO IS THIS COURSE DESIGNED FOR?

This course is designed for high school students grades 9-12.

WHAT LANGUAGE IS THIS COURSE OFFERED IN?

This course is offered in English with English captions. A high level of English fluency in reading, writing, and listening are required. 

HOW LONG IS THIS COURSE?

This course is designed with 4 modules of content, including 16 topic units and 55 lecture videos. It will take 13-15 hours completing this course but students move through at their own pace.  

WHO TEACHES THIS COURSE?

The instructors in the Understanding Your Money course are faculty from the Wharton School of the University of Pennsylvania.  

HOW ARE STUDENTS ASSESSED ON WHAT THEY LEARN?

Each topic unit ends with a check for understanding quiz. You will need to complete all content pages before taking the quiz. Students can take the quiz as many times as you like, and only the highest score will be recorded. A score of 60% or higher must be achieved to advance to the next module. 

CAN I JUMP AROUND TO DIFFERENT COURSE MODULES?

 You must move through each module in the order they are offered. Once modules are complete, and a successful quiz score is achieved, students are welcome to return to previous modules. 

WILL I EARN SOME KIND OF COURSE CREDENTIAL AT THE END?

To earn a Wharton Global Youth Program Certificate of Completion, you will need to complete all course modules 

WILL THIS COURSE COUNT TOWARDS ACADEMIC CREDIT?

No. This course does not include credit towards a degree, nor does it make you a student at Wharton, nor an alumnus of Wharton. Instead, the earning of a Certificate proves you met the passing criteria of your online course offered by Wharton Global Youth Program. 

CAN I RECEIVE A LETTER OF RECOMMENDATION AFTER COMPLETING THE COURSE?

We do not offer letters of recommendation after completing this course, as the course is only offered in a self-paced, online format.

WHAT IS YOUR REFUND POLICY?

Cancellation requests must be submitted to wgyp-online@wharton.upenn.edu. If you submit a cancellation request after starting the course, you will not be eligible for a refund. To submit your request, please include your full name and order number in your email request. Refunds will be credited to the credit card used when you registered and may take up to two billing cycles to process. Wharton Global Youth Program has no obligation to issue a refund, but if you believe a refund is warranted, please email us at wgyp-online@wharton.upenn.edu. 

WHAT IS THE DIFFERENCE BETWEEN THE ONLINE COURSE AND THE COURSES AT WHARTON?

This online course provides an understanding of key business concepts, basic fluency in the language of business, and is taught by Wharton faculty. While this is based on courses offered at Wharton, it is shorter, and focus on critical skills that are a requirement for success or further study in business. Courses offered to students enrolled at Wharton degree offer deeper examinations of topics, highly immersive interactive experiences, faculty-student interaction, additional opportunities for study, extra-curricular activities, career management and more.

WILL MY PERFORMANCE IN WHARTON GLOBAL YOUTH PROGRAM ONLINE COURSES HELP ME GAIN ADMISSION TO WHARTON’S DEGREE PROGRAMS?

While successful completion of this online course demonstrates fluency in the language of business, it is only one element of a highly competitive selection process. Many other factors will determine a successful application to Wharton. For more information about Wharton’s application process, click here.

IS FINANCIAL ASSISTANCE AVAILABLE FOR THIS COURSE?

Financial assistance is not available at this time.

Technical Questions

WHAT ARE THE TECHNICAL OR BROWSER REQUIREMENTS?

In order to access our courses, you must have a connection to the Internet. Videos are only available via online streaming – you will not be able to download videos for viewing offline. Please take note of your school’s restrictions for viewing content and/or firewall settings. Our courseware works best with current versions of Chrome, Firefox or Safari, or with Internet Explorer version 9 and above. For the best possible experience, we recommend switching to an up-to-date version of Google Chrome. If you do not have Chrome installed you can get it for free here: http://www.google.com/chrome/  At this time, our system does not fully support access with mobile devices. While many components of this course will function on a mobile device, some may not. If you experience any technical difficulties with the course site, including problems viewing videos or other features, please email wgyp-online@wharton.upenn.edu. For more information on the browser and computer requirements for Canvas, you can also visit here. 

WHAT DO I DO IF THE CAPTCHA SERVICE DOES NOT APPEAR IN MY BROWSER?

Typically when the Captcha service does not appear, it is due to a cookies issue. Try clearing all browser cookies, then trying again using a Chrome or Firefox browser, as those tend to work best with the Canvas platform.

HOW DO I ENABLE THIRD-PARTY COOKIES?

If you encounter an error message stating that your browser blocking 3rd party cookies, go to the preferences page for your web browser and uncheck the box that states “Prevent Cross-Site Tracking”. This error typically occurs while using Safari web browser, so it is recommended that you try using the most updated version of Chrome or Firefox instead, as they perform best with the Canvas platform.