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Lesson Plan - Understanding risks in financial context

Acción Laboral

Created on October 2, 2024

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Understanding risks in financial context Learning Unit

Step-by-step guide to the lesson

Start

Presentation

index

Goals

Unit Concept Map

Learning session

Ending the lesson

For more information

presentation

Understanding and dealing with risks

Welcome to our unit on Understanding risks in financial context. In this unit you will learn more about various risks which could be experienced in navigating the financial context. By the end of this unit you will know what is a risk and how it influences your financial decisions, how certain risks can be reduced using various financial products and strategies and how to make informed decisions while avoiding the pitfalls of bias and external influences.

presentation

goals

By the end of this unit, learners will be able to:

Know what is a risk and how can it influence your financial decisions

- Understand the concept of risk. - Know the main types of risks.

Understand how certain risks can be reduced using various financial products and strategies

- Be aware of possible risk management strategies. - Know what could help in managing the risks. - Be aware of some financial products helping to minimise the risks.

Know how to make informed decisions while avoiding the pitfalls of bias and external influences

- Understand the description of bias and influence. - Know some techniques for independent risk assessment. - Use the tips for confident financial decision-making.

presentation

Unit Concept map

Understanding risks in financial context

risks reducement using financial products and strategies

The risk and its influence to ones' financial decisions

making informed decisions

practical exercises

Theory

Theory

Theory

Self-evaluation quiz

Risk management video

Learning sessions - 01

1. Before starting the presentation, let's discuss about your experience on the topic [5 mins].

Introduction to risks in financial context

+Introduction

2. After short dicussion lets check what you really know about the risks in financial context by completing the quick test [5 min]. 3. Then, we will continue the lesson [1 h and 50 mins] with some theory and videos. Foresee some minutes for rest after 1 hour of session to ensure learners engagement and attention.

+Quiz

+Contents

Learning sessions - 01

Q&A

During the lesson, the discussions could be organised in between of subtopics in order to engage the learners to participate in the lesson actively.

The quiz could be used twice - at the beginning of the lesson and at the end in order to see the progress of learners.

At the end of last subtopic the video about risks management from slide 35 should be watched and discussed.

Reflect on what you have learned

good job!

+Info

learning unit completed

Home

The unit is set to last 2 hours including:

  • Initial discussion (5 min)
  • Quiz (5 min)
  • What is a risk and types of risks (25 min)
  • How can you manage a risk, financial products for reducing the risks, risk management strategies (45 min)
  • Understanding bias and influence, risks assessment and decision-making (20 min)
  • Quiz (5 min)
  1. What have I learned? Main concepts and ideas.
  2. How did I learn it? Steps followed to learn it: group work, research, analysis of information, in-depth study, etc.
  3. What has been the easiest and the most difficult part?
  4. What was it useful for? Usefulness of what I have learned
  5. In what other situations can I use it? Extrapolation of what I have learned to other subjects, daily life, etc.
Introduction

We should initiate the discussion with learners by asking them some questions related with the lesson's topic. Some questions could be:

  • What kind of risks in financial context do you know?
  • Have you ever experienced any of these risks?
  • If yes, how did you managed to deal with it?
QUIZ

After the initial short discussion in order to engage learners with the session, let's make a small quiz to test their knowledge. [add link from the platform] This quiz can also be used at the end of the lesson.