SoFi, one of the most successful fintechs in the U.S., announced on Monday it has joined forces with online learning platform Coursera to launch The Fundamentals of Personal Finance Specialization. According to SoFi, the program consists of five courses to provide members with basic fundamentals of personal finance, which include an introduction to personal finances, saving for the future, managing debt, fundamentals of investing, and the basics of risk management.
“The Fundamentals of Personal Finance will incorporate SoFi’s house view of financial planning coupled with tips from credentialed financial professionals to break down barriers and help consumers understand everything from credit scores, cash flow, budgeting, investing, debt across all categories, and different insurance offerings.”
While sharing more details about the program, Anthony Noto, CEO of SoFi, stated;
“The basics of personal finance are often missing from school curriculums nationwide but are fundamental in order to create a strong financial foundation. We created this program to provide our members and partners with financial education and empower themselves to take control of their finances and make informed decisions that allow them to reach financial independence to achieve their many ambitions.”
Betty Vandenbosch, Chief Content Officer at Coursera, further commented:
“Whether managing a mortgage or the weekly grocery budget, financial literacy is an essential life skill that helps individuals make informed decisions for themselves and their families. We are pleased to partner with SoFi, an innovator in the personal finance space, to offer accessible, highly relevant content that teaches learners how to save, spend, earn, borrow, and invest throughout their lives.”
Members and non-members who enroll for a fee may take any or all of the five courses and access the graded assessments to earn course certificates. Members who visit the courses for free may still access the full videos, activities, and readings but will not have access to the graded assessments or the ability to earn course certificates.