About this Course
This course gives a quick introduction to the basics of finance, emphasizing their software to all kinds of real-world conditions spanning private finance, company decision-making, and monetary intermediation. Key ideas and functions embrace: time worth of cash, risk-return tradeoff, price of capital, rates of interest, retirement financial savings, mortgage financing, auto leasing, capital budgeting, asset valuation, discounted money movement (DCF) evaluation, web current worth, inside charge of return, hurdle charge, payback interval.
This course is a part of a number of applications
This course could be utilized to a number of Specializations or Skilled Certificates applications. Finishing this course will rely in the direction of your studying in any of the next applications:
- Introduction to Finance and Accounting Specialization
- Enterprise Foundations Specialization
SKILLS YOU WILL GAIN
- Discounted Money Circulation
- Company Finance
- Money Circulation Evaluation
Syllabus – What you’ll study from this course
3 hours to finish
Week 1: Time Worth of Cash
Welcome to Introduction to Company Finance! This primary module will introduce you to one of the essential foundational ideas in Finance, the time worth of cash. Earlier than diving into the Video lectures, I encourage you to check out the temporary pre-reading for the course. Particularly, take a look at “Large Image Course Motivation,” for extra motivation and context for the course, “Time Worth of Cash Overview,” for a motivation and context for our first matter, and “Quiz Drawback Reply Enter.” This final word is especially essential to keep away from confusion with the issue units. Then, go to the Video Lectures and begin studying Finance!
1 hour to finish
Week 2: Curiosity Charges
On this module, we wrap up the Time Worth of Cash matter with a dialogue of inflation earlier than transferring on to our second matter, Curiosity Charges, and introducing our third matter, Discounted Money Circulation Evaluation. By the top of this module, you must really feel comfy with discounting and compounding arbitrary money movement streams with a view to worth totally different claims and make higher monetary choices.
2 hours to finish
Week 3: Discounted Money Circulation Evaluation
This module continues our dialogue of discounted money movement evaluation by means of a capital budgeting case. (You may need to obtain or view the Excel file, “Pill Case Spreadsheet.xlsx,” that I take advantage of within the lectures, however it’s not mandatory for understanding the fabric.) By the top of this module, you must really feel comfy valuing claims and making financing choices through which the timing of the money flows and compounding of curiosity is bigoted (e.g., annual, semi-quarterly, month-to-month, and many others.). Having labored by the issues, you must also be extra comfy with actual world monetary determination making associated to retirement financial savings, house financing and refinancing, auto leases, and different eventualities.
1 hour to finish
Week 4: Return on Funding
This module closes out our dialogue of discounted money movement evaluation and caps off the course with a dialogue of return on funding. By the top of this module, you must really feel comfy with the notion of free money movement and the flexibility to use a set of forecast drivers to undertaking free money flows into the longer term. These are among the parts of a primary monetary mannequin, which we’ll use to decide concerning the pill undertaking and to investigate the assumptions behind our valuation.