- Level Foundation
- Duration 14 hours
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Offered by
About
This short course surveys all the major topics covered in a full semester MBA level finance course, but with a more intuitive approach on a very high conceptual level. The goal here is give you a roadmap and framework for how financial professional make decisions. We will cover the basics of financial valuation, the time value of money, compounding returns, and discounting the future. You will understand discounted cash flow (DCF) valuation and how it compares to other methods. We also step inside the mind of a corporate financial manager and develop the basic tools of capital budgeting. We will survey the how, when, and where to spend money, make tradeoffs about investment, growth, dividends, and how to ensure sound fiscal discipline. Our journey then turns to a Wall Street or capital markets perspective of investments as we discuss the fundamental tradeoff between risk and return. We then synthesize our discussion of risk with our valuation framework and incorporate it into series of direct applications to practice. This course requires no prior familiarity with finance. Rather, it is intended to be a first step for anyone who is curious about understanding stock markets, valuation, or corporate finance. We will walk through all of the tools and quantitative analysis together and develop a guide for understanding the seemingly complex decisions that finance professionals make. By the end of the course, you will develop an understanding of the major conceptual levers that push and pull on financial decision making and how they relate to other areas of business. The course should also serve as a roadmap for where to further your finance education and it would be an excellent introduction of any students contemplating an MBA or Finance concentration, but who has little background in the area. Note: This course has been ported from the "Finance for Non-Financial Professionals" from James Weston and Rice University. If you have already attempted or completed that course, your progress will carry over to this instance.Auto Summary
Explore the essentials of finance with the Pre-MBA Quantitative Skills: Finance course, designed for aspiring business and management professionals. This foundational course, presented by Coursera and taught by industry expert James Weston from Rice University, offers a comprehensive overview of MBA-level finance concepts in a clear and intuitive manner. Dive into critical topics such as financial valuation, the time value of money, compounding returns, and discounted cash flow (DCF) valuation. Gain insights into corporate financial management, capital budgeting, and the strategic decision-making processes involved in investment, growth, and fiscal discipline. Additionally, understand the risk-return tradeoff from a Wall Street perspective and apply these principles to real-world scenarios. With no prior finance knowledge required, this course is perfect for beginners curious about stock markets, valuation, or corporate finance. It serves as an introductory step for those considering an MBA or finance concentration. Over the span of 840 minutes, you will develop a solid foundation in finance and a roadmap for further education in the field. Enroll in this engaging and informative course through Coursera's Starter subscription option and take the first step toward mastering finance.