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There are 4 modules in this course
This course builds upon the fundamental concept of Time Value of Money (TVM) using more advanced applications and questions. You will apply the TVM concept in real-life problems of financial planning and saving for college. You will also learn more about loans and apply TVM concepts to borrowing and lending. You will realize that — while the applications are seemingly more complex, but when seen and broken-up into bite-size components — the framework, principles, and tools remain the same.
After completing this course you will have an understanding of the detailed mechanics and reasoning behind any decision you make that has consequences for the future. The deeper exposure to financial transactions you will be applicable in any/all decisions. The great news is that these concepts and skills will transfer to your professional/business decisions.
This course is part of the four-course Foundational Finance for Strategic Decision Making Specialization.
This week we will start this course with the first Mega Application that will expose us to more real-world situations confronted by us all. You are strongly encouraged to think through an application and draw timelines to realize that complex applications are a collection of the simpler ones we dealt with Course 1. As you work through the four Mega Applications in this course, look to find the common themes. In this application, we will start with a classic example of saving for a future need - to attend college.
What's included
3 videos4 readings
Show info about module content
3 videos•Total 23 minutes
About This Specialization•1 minute
1.1 Saving for College - Part I•15 minutes
1.2 Saving for College - Part II•7 minutes
4 readings•Total 85 minutes
Specialization Syllabus•5 minutes
Course 2 Syllabus•5 minutes
Note-Formulae•30 minutes
Note-Spreadsheets•45 minutes
Week 2: Mega Application II - Financial Planning
Module 2•5 hours to complete
Module details
This week's second Mega Example is about financial planning, agin something that can serve very useful because we typically work for some time and then want to maintain a standard of living. The key concepts here are again the same as those developed in the first course, but the issue is one of breaking down more difficult problems into bite-size pieces that resemble the simpler applications and assignments in Course 1. You are strongly encouraged to start attempting the Practice and Graded assignments - each has TEN questions with deliberate overlap with Course 1 and then some challenging scenarios in the later part of the assignments.
What's included
1 video2 readings2 assignments
Show info about module content
1 video•Total 11 minutes
2.1 Financial Planning•11 minutes
2 readings•Total 75 minutes
Note-Formulae•30 minutes
Note-Spreadsheets•45 minutes
2 assignments•Total 240 minutes
Assignment 1•120 minutes
Practice Assignment 1•120 minutes
Week 3: Mega Application III - A Loan
Module 3•2 hours to complete
Module details
This week's Mega Application is my favorite because it shows you both the power of finance and its ability to simplify seemingly complex transactions. We all borrow and lend, though at different points in time, and even at the same time. This application is very detailed because it is meant to demonstrate the intuitive power of finance that makes calculations easy.
What's included
3 videos2 readings
Show info about module content
3 videos•Total 34 minutes
3.1: A Loan - Part I•11 minutes
3.2 A Loan -Part II•7 minutes
3.3 A Loan-Part III•16 minutes
2 readings•Total 60 minutes
Note-Formulae•30 minutes
Note-Spreadsheets•30 minutes
Week 4: Mega Application IV - Making Complex Simple
Module 4•5 hours to complete
Module details
This is a Mega Application that will help you understand the power of simplicity in conducting financial examples. You are again encouraged to keep practicing and attempting the assignments.
What's included
1 video2 readings2 assignments
Show info about module content
1 video•Total 11 minutes
4.1 Making Complex Simple•11 minutes
2 readings•Total 75 minutes
Note-Formulae•30 minutes
Note-Spreadsheets•45 minutes
2 assignments•Total 240 minutes
Assignment 2•120 minutes
Practice Assignment 2•120 minutes
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Learner reviews
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Showing 3 of 101
A
AL
4·
Reviewed on Mar 21, 2022
El contenido buenismo realmente pude aprender y comprender la aplicacion de estos conceptos, pero se me dificulto porque no esta la opccion de subtitulos en español de los videos del profesor.
G
GF
5·
Reviewed on Mar 18, 2021
one of the funniest and most engaging professor on coursera
M
MZ
4·
Reviewed on Oct 14, 2022
A good course, but it feels like it can be included in the previous one, not a separate course.
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What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Is financial aid available?
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