Foundational Finance for Strategic Decision Making
Offered By: University of Michigan via Coursera
Course Description
Overview
In this specialization, you’ll focus on the mechanics and intuition of the main building block of finance — the time value of money. You’ll learn the structure and basics through assignments and tests that are introductory in nature but with real-world applications.
We developed this specialization with the express purpose of enabling you to understand and apply these foundational principles of finance to your everyday life. Understanding how to use finance for personal decisions will also help you understand and excel at making professional decisions. After the successful completion of this series, you will be equipped to make thoughtful decisions based on a framework that uses multiple advances in modern financial theory over the past several decades. The most important features of this specialization are: (a) it is an integrated set of courses with a focus on understanding both the theory and applicability of finance; and (b) it is applied in execution — everything is covered using examples.
The four courses in this specialization all build on each other, use real-world examples, and include richly designed assessments/quizzes to test your knowledge and enhance your learning experience. Assessments will progressively build in complexity as you better understand the applicability of finance to complex issues.
Syllabus
Course 1: Introduction to Time Value of Money (TVM)
- Offered by University of Michigan. The strength of finance is that it takes a structured approach to decision making, with one key building ... Enroll for free.
Course 2: Advanced Concepts in Time Value of Money (TVM)
- Offered by University of Michigan. This course builds upon the fundamental concept of Time Value of Money (TVM) using more advanced ... Enroll for free.
Course 3: Stocks and Bonds
- Offered by University of Michigan. In this course, we will apply the central concept and applications of Time Value of Money (TVM) to ... Enroll for free.
Course 4: Advanced Understanding of Stocks and Bonds
- Offered by University of Michigan. This final course will cover more advanced aspects of bonds and stocks that will help you make smart ... Enroll for free.
- Offered by University of Michigan. The strength of finance is that it takes a structured approach to decision making, with one key building ... Enroll for free.
Course 2: Advanced Concepts in Time Value of Money (TVM)
- Offered by University of Michigan. This course builds upon the fundamental concept of Time Value of Money (TVM) using more advanced ... Enroll for free.
Course 3: Stocks and Bonds
- Offered by University of Michigan. In this course, we will apply the central concept and applications of Time Value of Money (TVM) to ... Enroll for free.
Course 4: Advanced Understanding of Stocks and Bonds
- Offered by University of Michigan. This final course will cover more advanced aspects of bonds and stocks that will help you make smart ... Enroll for free.
Courses
-
In this course, we will apply the central concept and applications of Time Value of Money (TVM) to explore the structure and pricing of stocks and bonds at an introductory level. In this course, you will learn about bonds, different types of bonds (Zero Coupon bonds, Government bonds). You will learn about bond pricing calculations and see their direct connection to market data on bonds. You will also learn about stocks, and their pricing and valuation. You will learn about growth and dividend stocks and how to use market data. After completing this course, you will have an understanding of the two fundamental and pervasive ways in which savers transfer money to governments and corporations. You will be able to apply all this knowledge to personal investing decisions and, importantly, these same tools and frameworks are applicable to corporate decisions. This course is part of the four-course Foundational Finance for Strategic Decision Making Specialization.
-
This course is an introduction to decision-making criteria widely used in the real world and will help you understand the foundational principles of how most organizations make decisions. This course is part of a specialization titled “Foundational Finance for Strategic Decision-Making” and is helpful if you are interested in applying to an MBA degree program or learning the foundations of finance to be more effective in your career.
This course is applied and problem-based with assignments that are intentionally introductory and simpler than real-world applications you will confront when making day-to-day financial decisions and in more advanced courses. -
This course is an introduction to the notion of risk, its relation to return, and the valuation of projects and companies. This is a capstone course to help you value projects and companies by applying your understanding of time value of money (TVM) and cash flows developed in the first three courses of this specialization. This course is part of a specialization titled “Foundational Finance for Strategic Decision Making” and is helpful if you are interested in applying to an MBA degree program or learning the foundations of finance to be more effective in your career.
The pedagogy of the course is applied and problem-based with assignments covering every part of the course that each contain multiple problems that, by design, are introductory and simpler than the more real-world applications you will confront in the real world and more advanced courses. The assignments are all designed by the faculty lead and machine graded. -
The strength of finance is that it takes a structured approach to decision making, with one key building block underlying all decisions — understanding the value of time, or the Time Value of Money (TVM). In this course, we will develop this building block using introductory, and simple, applications. We will learn about the Time Value of Money (TVM), Simple Future Value (FV) , Simple Present Value (PV) , Future Value of Annuity, Loans, compounding, and Valuing Perpetuities. We will introduce the framework in a carefully structured and replicable way to prepare you to explore more advanced applications in the rest of the specialization. In the follow-on courses, we will expand the applications to more complex real-world decisions. After completing this course, you will have an understanding of how the value of money changes over time. You will understand the implications of all your financial decisions, including saving for the future through different channels and borrowing for future needs. You will leave with the practical knowledge needed to make informed decisions on a wide range of financial decisions. This course is part of the four-course Foundational Finance for Strategic Decision Making Specialization.
Taught by
Gautam Kaul
Tags
Related Courses
Introduction to FinanceUniversity of Michigan via Coursera Introduction to Corporate Finance
Wharton School of the University of Pennsylvania via Coursera Основы корпоративных финансов (Fundamentals of Corporate Finance)
Higher School of Economics via Coursera More Introduction to Financial Accounting
University of Pennsylvania via Coursera Personal Finance
Purdue University via edX