COURSE CODE & TITLE COCR 1013: Financial Literacy and Training
NO. OF CREDITS: Three (3)
LEVEL: One (1)



The Financial Literacy and Training Course is a comprehensive financial education curriculum designed to enhance students’ financial skills as well as train them to be financial educators to low- and moderate- income individuals and families outside the financial mainstream. There is a need for university students as well as citizens of Trinidad and Tobago to effectively plan ahead, monitor and be responsible in their spending. This course is geared towards educating and training UWI students, equipping them with the knowledge and tools in order to manage their own finances as well teach others how to do the same. 

In the Financial Literacy and Training Course students will participate in several workshops covering the array of content regarding budgeting, saving, investing, retirement and much more. Additionally, students will be taught the necessary skills in order to effectively communicate and present the course material to others.

Attendance at workshops/lectures/seminars is for a total of 36 contact hours.



The Financial Literacy and Training Course aims to develop the student’s understanding of basic financial practices and money management, as well as develop and train students on how to conduct financial literacy presentations in their communities.



At the end of this course, the student will be able to:

  • Explain money scripts, goal setting, budgeting.
  • Understand the importance of saving, investing and debt management.
  • Understand the principles of Entrepreneurship, planning for retirement and home ownership.
  • Prepare and deliver presentations on the subject matter.



Upon completion of this course, it is expected that students will be able to:

Attitude and Money Scripts/Goal Setting/Budgeting
  • Determine an individual’s beliefs and stories about money
  • Identify behaviours that breed money problems
  • Demystify emotional reaction to money
  • Create an action plan for change
  • Explain the importance of saving
  • Describe what is meant by savings
  • Identify reasons for saving
  • Explain and appreciate the importance of interest
  • Define investments
  • Describe the pre-conditions to investment
  • State and describe different investment objectives
  • Identify various types of investments
  • Illustrate the relationship between risks and returns
  • Explain the benefits and risks of investing
Managing Debt
  • Explain why people borrow money
  • Describe the signs of debt trouble
  • Describe how we should be borrowing in the various stages of the family life-cycle
  • Calculate how much debt you can afford
  • Describe the main types of credit
  • Describe strategies to ease the burden of credit card debt
  • Distinguish between quoted rate and APR
  • Describe strategies to rebuild your credit rating
Planning for Retirement
  • Describe the main challenge to retirement
  • State popular myths about retirement
  • Identify the main sources of retirement income
  • List and explain the factors that determine the level of retirement income
Risk Management
  • Explain risk management
  • State the purpose of insurance
  • Describe the categories of persons who need insurance
  • Calculate how much life insurance to buy
  • List and describe the various types of insurance
  • Describe the benefits provided by the National Insurance Scheme (NIS)
Home Ownership
  • State the factors that work against home ownership
  • Differentiate between fixed-rate, adjustable-rate and two-step mortgages
  • Calculate how much mortgage you can afford
  • Explain the Residential Real Estate Mortgage Market Guidelines
  • State the entrepreneurial spirit and attitude necessary for business
  • Describe small, micro and mini-micro businesses
  • List and explain the problems of SMEs
  • Identify the prerequisites to starting a business
  • Explain the importance of keeping proper financial records for a business
  • Find assistance both financial and training for SMEs
Practical Training/Presentation Skills
  • Identify key components of a presentation
  • Describe an audience analysis and its importance
  • Plan, develop and deliver compelling presentations
  •  Identify when to adopt a conversational, natural speaking style and how to tailor presentations accordingly
  • Implement techniques for varying vocal tones and body language




% Final Grade


Class participation and attendance        


Role play exercises and skits will be used

Bi-weekly questionnaires on topics covered


Issued via email and in classroom

Presentation on topics covered in the course Communication  Skills – oral and written







Topics to be assigned to groups :

Use of definitions of key terms, use of academic concepts and theories.

 Team performance, professionalism, rapport and personal appearance

Knowledge competence- ability to speak fluidly on the subject matter

Use and quality of visual aids

Presentation structure- a well structured delivery that meets the presenters’ aims and objectives



  • Attendance is mandatory for lectures, tutorials and presentations.
  • Prior preparation is strongly advised to able to fully participate in activities and obtain the full value of the sessions.
  • Thorough use should be made of the resources provided and students are strongly advised to become familiar with them and start utilising them from the first week. Regular updates on course progress and materials are also highly recommended and students should be checking into myelearning on a frequent regular basis to review materials, assignments and activities.
  • Students are encouraged to interact regularly with the coordinator on their assignments and presentations, even outside of the assigned tutorial times to ensure prompt, satisfactory solution of any problems and to monitor progress.


  • Students are reminded that they must attend a minimum of 75% of the sessions and tutorials.
  • As a general principle, medicals or other excuses may only excuse a student’s presence at an assigned time. Students must still complete the assigned work (make-up lab report or make-up test) in order to obtain the marks for that item of coursework. The student is responsible for liaising with the Course Coordinator or Teaching Assistants to ensure the assigned make-up is completed.
  • Students are hereby informed that plagiarism is forbidden and all unsupervised coursework items must be accompanied by a Coursework Accountability Statement in order to be assessed. Specific items may require submission through Turnitin on my eLearning. Refer to ‘University Regulations on Plagiarism’ available from



Name of course coordinator:

Ms. Christine Sahadeo

Email address:  

Preferred method of contact:


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