About this Course

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Shareable Certificate

Earn a Certificate upon completion

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Start instantly and learn at your own schedule.

Flexible deadlines

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Beginner Level

Some exposure to algebra and problem-solving

Approx. 13 hours to complete

English

Subtitles: English

What you will learn

  • To be able to understand and apply one of the two main building blocks of finance - Time Value of Money (TVM)

  • To evaluate alternatives

  • To make decisions

Skills you will gain

Financial AnalysisFinancial ForecastDeveloping Financial Models

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Beginner Level

Some exposure to algebra and problem-solving

Approx. 13 hours to complete

English

Subtitles: English

Offered by

University of Michigan logo

University of Michigan

Syllabus - What you will learn from this course

Week
1

Week 1

3 hours to complete

Week 1: Time Value of Money - Simple Concepts & Applications

3 hours to complete
6 videos (Total 64 min), 3 readings
6 videos
1.1 Time Value of Money12m
1.2 Simple Future Value (FV)14m
1.3 Simple FV... 10m
1.4 Simple FV: Example 19m
1.5 Simple FV: Example 2 5m
3 readings
Specialization Syllabus45m
Course 1 - Syllabus30m
Note-Formulae30m
Week
2

Week 2

3 hours to complete

Week 2: Time Value of Money - Simple Concepts & Applications (cont.)

3 hours to complete
2 videos (Total 25 min), 1 reading, 2 quizzes
2 videos
2.2 Recap of TVM7m
1 reading
Note-Spreadsheets30m
2 practice exercises
Practice Assignment 11h
Assignment 11h
Week
3

Week 3

2 hours to complete

Week 3: Time Value of Money - Annuities

2 hours to complete
5 videos (Total 71 min), 1 reading
5 videos
3.2 FV of Annuity: Example 120m
3.3 FV of Annuity: Example 210m
3.4 PV of Annuity: Concept8m
3.5 PV of Annuity: Examples17m
1 reading
Note-Formulae30m
Week
4

Week 4

6 hours to complete

Week 4: Time Value of Money - Complex Applications

6 hours to complete
4 videos (Total 60 min), 1 reading, 2 quizzes
4 videos
4.2 Compounding10m
4.3 Valuing Perpetuities12m
4.4 Mega Example: Putting it All Together!16m
1 reading
Note-Spreadsheets30m
2 practice exercises
Practice Assignment 22h
Assignment 22h

About the Foundational Finance for Strategic Decision Making Specialization

Understand and apply the foundational principles of finance to most business problems and strategies. This integrated set of courses focuses on both the theory and practice of financial decision-making through an applied lens. Ideal for learners seeking to advance their career and/or pursue a business degree, such as a Master of Business Administration (MBA) degree, a great understanding of foundational concepts in finance will help you to understand the principles of personal finance and investing. After successful completion of the four-course program, you will be equipped to make thoughtful decisions based on a framework built using multiple advances in modern financial theory....
Foundational Finance for Strategic Decision Making

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • 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. If you only want to read and view the course content, you can audit the course for free.

  • If you subscribed, you get a 7-day free trial during which you can cancel at no penalty. After that, we don’t give refunds, but you can cancel your subscription at any time. See our full refund policy.

  • Yes, Coursera provides financial aid to learners who cannot afford the fee. Apply for it by clicking on the Financial Aid link beneath the "Enroll" button on the left. You'll be prompted to complete an application and will be notified if you are approved. You'll need to complete this step for each course in the Specialization, including the Capstone Project. Learn more.

  • This Course doesn't carry university credit, but some universities may choose to accept Course Certificates for credit. Check with your institution to learn more. Online Degrees and Mastertrack™ Certificates on Coursera provide the opportunity to earn university credit.

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