When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 4 modules in this course
In this course, we will apply the central concept and applications of Time Value of Money (TVM) to explore the structure and pricing of stocks and bonds at an introductory level. In this course, you will learn about bonds, different types of bonds (Zero Coupon bonds, Government bonds). You will learn about bond pricing calculations and see their direct connection to market data on bonds. You will also learn about stocks, and their pricing and valuation. You will learn about growth and dividend stocks and how to use market data.
After completing this course, you will have an understanding of the two fundamental and pervasive ways in which savers transfer money to governments and corporations. You will be able to apply all this knowledge to personal investing decisions and, importantly, these same tools and frameworks are applicable to corporate decisions.
This course is part of the four-course Foundational Finance for Strategic Decision Making Specialization.
This course is focused on understanding the two most commonly used vehicles/instruments by corporations for raising money. This week we will introduce you to the basic language and mechanics of bond pricing. Though introductory, we attempt to cover a fair amount of content and with real world applications.
What's included
5 videos5 readings
Show info about module content
5 videos•Total 53 minutes
About This Specialization•1 minute
1.1 Bonds •6 minutes
1.2 Zero-Coupon Government Bonds•20 minutes
1.3 Government Coupon Bonds•15 minutes
1.4 Bond Pricing: Calculations•10 minutes
5 readings•Total 93 minutes
Specialization Syllabus•45 minutes
Course 3 Syllabus•5 minutes
Note-Formula•3 minutes
Note-Spreadsheets•30 minutes
Pre-Course Survey •10 minutes
Week 2: Bond Prices & Market Data
Module 2•3 hours to complete
Module details
After understanding both the terminology of bonds and their pricing, we will spend this week both looking at real data to see the close connection between the concepts and reality and submitting the first graded assignment. One of the major takeaways of this week's efforts will be the similarity between how borrowing works for individuals and corporations.
What's included
1 video1 reading2 assignments
Show info about module content
1 video•Total 11 minutes
2.1 Bonds: Market Data•11 minutes
1 reading•Total 30 minutes
Note-Spreadsheets•30 minutes
2 assignments•Total 120 minutes
Practice Assignment 1•60 minutes
Assignment 1•60 minutes
week 3: Stock Valuation
Module 3•2 hours to complete
Module details
During this week, we will provide you an exposure to the characteristics and the valuation of stocks, again with an eye toward real world applications. You will see how understanding stocks is key to learning how companies work and how pricing them is more art than detailed calculations.
What's included
4 videos1 reading
Show info about module content
4 videos•Total 76 minutes
3.1 What is a Stock?•14 minutes
3.2 Stock Pricing/Valuation•22 minutes
3.3 Dividend & Growth Stocks•23 minutes
3.4 The Engine of Growth•17 minutes
1 reading•Total 30 minutes
Note-Formulae•30 minutes
Week 4: Stock Prices & Market Data
Module 4•3 hours to complete
Module details
We will wrap up this course by understanding the relationship between basics of stock pricing and real stock markets. The idea here is to make you realize how foundational principles of finance are so applicable to the real world and even a basic knowledge of key principles help you understand how the world works. You will also test your knowledge by submitting the second assignment for the course.
What's included
1 video3 readings2 assignments
Show info about module content
1 video•Total 8 minutes
4.1 Stocks: Market Data•8 minutes
3 readings•Total 50 minutes
Note-Formulae•30 minutes
Post-Course Survey•10 minutes
Keep Learning with Michigan Online!•10 minutes
2 assignments•Total 120 minutes
Practice Assignment 2•60 minutes
Assignment 2•60 minutes
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When will I have access to the lectures and assignments?
To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
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?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.