- Level Foundation
- Duration 18 hours
- Course by Yunus Social Business Fund Bengaluru
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Offered by
About
This course is part of a Specialization titled “Strategy and Finance for a Lifecycle of a Social Business”. The beauty of a modern decision-making framework is that it can be used to understand value creation at any level – the individual or business or societal. The applications however become increasingly complex as your lens expands from the individual to the corporate/nonprofit to the global society. There are two building blocks of modern decision making – time value of money and risk. This is because all decisions are made with consequences for the future which, in turn is uncertain. A deep understanding of the value of time and risk is therefore key to understanding value creation. This third course is an introduction to markets and two financial instruments, bonds and stocks, and how they are valued using the principles of time value of money covered in the two preceding courses in this specialization. The main purpose of this course is to serve as a bridge to figuring out the risk and return that individuals or businesses must use to figure out the value of any decision. While the return on any decision is ultimately determined by its risk, bond and stock markets enable the determination of the risk and return. This may be the biggest social value created by markets. Since individuals and households ultimately provide capital to both governments and businesses though the market, this course will also serve useful for personal financial decision-making. As indicated at the outset, the beauty of modern frameworks and tools of analysis is that they are logical and do not change depending on the purpose of business. However, to demonstrate social impact is very complex because prices for both the public good, and any harm created by our actions, are not available. It is also very challenging to determine the incremental effect of a business on society at large. The combination of these issues makes all social impact and value specific to a business, making it even more important to use the same frameworks and tools developed in this Specialization to value any business.Modules
Impact Investing
1
Readings
- Ronald Cohen on Impact Investing
Specialization - Strategy and Finance for the Lifecycle of a Social Business
5
Videos
- 2.1 Specialization: An Overview
- 2.2 Specialization: Process
- 2.3 Specialization: Philosophy
- 2.4 Specialization: Prerequisites
- 2.5 Specialization: Assumptions
1
Readings
- Specialization - Syllabus
Course 3 - Financial Markets and Instruments
1
Readings
- Course 3- Syllabus
Bond Valuation - Basics
4
Videos
- 3.1 Financing: Bonds and Stocks
- 3.2 Zero-Coupon Government Bonds
- 3.3 Government Coupon Bonds
- 3.4 Bond Pricing: Calculations
2
Readings
- Note-Formulae
- Note-Spreadsheets
Bond Pricing and Market Data
2
Assignment
- Practice Assignment 1
- Graded Assignment 1
3
Videos
- 4.1 Sources of Risk in Bonds
- 4.2 Market Data on Bonds
- 4.3 Recap of Bonds
2
Readings
- Note-Spreadsheets
- Notice for Auditing Learners: Assignment Submission
Stock Valuation
4
Videos
- 5.1 What is a Stock?
- 5.2 Stock Pricing/Valuation
- 5.3 Dividend & Growth Stocks
- 5.4 The Engine of Growth
1
Readings
- Note-Formulae
Market Data
2
Assignment
- Practice Assignment 2
- Graded Assignment 2
2
Videos
- 6.1 Stocks: Market Data
- 6.2 Recap: Stocks
2
Readings
- Note-Formulae
- Reflection on Social Business
Auto Summary
Explore the fundamentals of financial markets and instruments in this foundational course, part of the "Strategy and Finance for a Lifecycle of a Social Business" specialization. Taught by Coursera, it delves into bonds, stocks, time value of money, and risk, equipping learners with essential decision-making skills for both personal and business finance. Ideal for beginners, the course spans 1080 minutes and offers Starter and Professional subscription options. Perfect for those looking to understand value creation at various levels.

Suresh K. Krishna

Gautam Kaul