- Level Foundation
- Duration 6 hours
- Course by Korea Advanced Institute of Science and Technology(KAIST)
-
Offered by
About
Finance is one of the key ingredients for successful startups. Many entrepreneurs, however, lack knowledge of finance. This course teaches basic financial knowledge needed in starting and operating startups to entrepreneurs or would-be entrepreneurs who did not major in finance. Students of this course will learn to read and understand financial statements such as balance sheets, income statements and cash flow statements. They will also practice simple financial planning of a startup. This course also covers the concept company valuation as well as how startups get funding. This is a practical course aimed at direct application of the knowledge gained into running real startups. It also aims to enable entrepreneurs and would-be-entrepreneurs to understand the "language of finance" so that they can talk to professionals with confidence.Modules
Lesson 1
1
Assignment
- Week 1
8
Videos
- CF1-1 Introduction & Balance Sheet
- CF1-2 Left Side of a Balance Sheet
- CF1-3 Right Side of a Balance Sheet
- CF1-4 Construction of a Balance Sheet
- CF1-5 What is an Income Statement
- CF1-6 Cost, Expenses & Inventories
- CF1-7 Profits & Depreciation
- CF1-8 Construction of an Income Statement
1
Readings
- Week 1 Lecture Slides
Lesson 2
1
Assignment
- Week 2
7
Videos
- CF2-1 Cash Flow
- CF2-2 Cash Flow Statement Practice
- CF2-3 Annual Report
- CF2-4 Financial Ratios-Profitability
- CF2-5 Financial Ratios-Efficiency
- CF2-6 Financial Ratios-Liquidity & Leverage
- CF2-7 Financial Ratios Practice
1
Readings
- Week 2 Lecture Slides
Lesson 3
1
Assignment
- Week 3
8
Videos
- CF3-1 Financial Planning-Cash Flow Statement
- CF3-2 Financial Planning-Balance Sheet
- CF3-3 Financial Planning-Income Statement
- CF3-4 Burn Rate
- CF3-5 Seed Funding
- CF3-6 Venture Capital Fund
- CF3-7 Advice on VC Fundraising
- CF3-8 Funding Practice
1
Readings
- Week 3 Lecture Slides
Lesson 4
1
Assignment
- Week 4
8
Videos
- CF4-1 VC Term Sheet
- CF4-2 Share Price
- CF4-3 Liquidation Preference
- CF4-4 Term Sheet-Control Terms
- CF4-5 Term Sheet Practice
- CF4-6 Three Core Things in Valuation
- CF4-7 Valuation Methods
- CF4-8 Valuation Practice
1
Readings
- Week 4 Lecture Slides
Auto Summary
Unlock essential financial knowledge with "Finance for Startups," a foundational course designed for entrepreneurs and aspiring business owners. Learn to read financial statements, practice startup financial planning, and understand company valuation and funding. This practical, 360-minute course is taught by Coursera and offers Starter and Professional subscription options. Perfect for those without a finance background, it empowers you to confidently engage with financial professionals.

Steve Ahn