Division of English for Specific Purposes
English for Finance and Banking
Vietnam National University, Hanoi
University of Languages and International Studies
Case Study Summary Alignment to the Course Learning Objectives:
Description: In this Case Study, Students will be able to
students are supposed to apply the ● Describe their budget plan
understanding of what they have learnt ● Recognize the value of young people investing and/or saving early to
in the course of English for Finance and extract maximum earnings from their investments.
Banking, i.e. Money, Financial ● Explain why asset allocation and diversification are key strategies for
Institutions, Savings and Investment successful investing and savings
and Taxation, from setting priorities, ● Explain what financial institutions are and how they are used to
creating an investing and savings or construct funds
either goal, tracking spending and ● Understand the difference between investing tools such as stocks,
learning about tradeoffs required to index funds, mutual funds, and other more or less risky investments
achieve financial goals. They take on and the costs and benefits associated with each
the role of a graduate to develop ● Understand the different sources of savings
various options and strategies to ● Identify the pros and cons of different methods to implement an
achieve a budgeting goal. investment and/or savings strategy
● Explain types of taxation applied in each situation
Internet Usage: Required
Format: Individual work
CASE STUDY 1
SAVINGS/INVESTING PLAN
You are a graduate, earning VND 20,000,000 (NET) per month. You attribute your financial savvy to the current job
and the courses (i.e. English for Finance and Banking) you have held over the past four years. These jobs helped you
save VND 80,000,000. You are currently making a savings and/or investment plan for 6 months, starting from
December, 2024 to May, 2025.
In order to make a feasible plan, you are advised to develop a basic plan tracking every VND you spend over the
course of a month (Step 1). After this, you should study various sources of savings and investment (or either) to weigh
pros and cons of these tools (Step 2). Following this, Step 3 develops a savings and investment (or either) plan to
boost your budget. In your writing, you need to: (1) Explain why you save and invest (or either); (2) Analyze at least 2
tools of investment and savings (or either) to justify why you have chosen them for your saving and investing (or
either) plan; (3) Explain returns and risks you may have; (4) Identify type(s) of tax applied in these cases.
Note: Your writing should have about 1,000 words in total.
1
Step 1. Developing a basic spending plan
To make sense of all of this information, you organize the information by using the budget template provided below. In
the category column, you will list all of your various expenses. In the Monthly Cost column, you will total up the cost for
each of the expenses. In the last column, you will calculate how much that item is as a percentage of your total costs.
This should help you determine where you spent most of your money in the past month.
1. Complete this chart with the information provided above:
Monthly Cost Percentage of Total Costs
Category
Coffee
Movies/ Entertainment
Food
Clothes
Education
Gas
Cell phone bill
Others (Please specify) ….
TOTAL COSTS
Answer This:
2. After completing the chart, do some quick math to compare how much you should be saving per month
and to compare it to how much you are spending to determine your savings and investment (or either)
plan.
2
Step 2. Study various sources of investment and savings (or either)
Study a list of investing and savings (or either) sources ( at least 3 for each) and weigh pros and cons of these
sources.
3
Step 3. Developing your saving and investing (or either) plan
(1) Explain why you save and invest (or either); (2) Analyze at least 2 tools of investment and savings (or either) to justify
why you have chosen them for your saving and investing (or either) plan; (3) Explain returns and risks you may have; (4)
Identify type(s) of tax applied in these cases.
