This course provides a brief introduction to the fundamentals of finance, emphasizing their application to a wide variety of real-world situations spanning personal finance, corporate decision-making, and financial intermediation. Key concepts and applications include: time value of money, risk-return tradeoff, cost of capital, interest rates, retirement savings, mortgage financing, auto leasing, capital budgeting, asset valuation, discounted cash flow (DCF) analysis, net present value, internal rate of return, hurdle rate, payback period.
Introduction to Corporate Finance
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Introduction to Corporate Finance
This course is part of multiple programs.
Instructor: Michael R Roberts
265,375 already enrolled
Included with
Gain insight into a topic and learn the fundamentals.
4.6
(6,345 reviews)
9 hours to complete
Flexible schedule
Learn at your own pace
95%
Most learners liked this course
Skills you'll gain
- Category: Business Valuation
- Category: Capital Budgeting
- Category: Finance
- Category: Capital Expenditure
- Category: Loans
- Category: Risk Analysis
- Category: Working Capital
- Category: Return On Investment
- Category: Cost Benefit Analysis
- Category: Cash Flows
- Category: Financial Acumen
- Category: Financial Modeling
- Category: Depreciation
- Category: Financial Management
- Category: Forecasting
- Category: Cash Flow Forecasting
- Category: Financial Analysis
- Category: Corporate Finance
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Assessments
8 assignments
Taught in English
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There are 4 modules in this course
Welcome to Introduction to Corporate Finance! This first module will introduce you to one of the most important foundational concepts in Finance, the time value of money. Before diving into the Video lectures, I encourage you to take a look at the brief pre-reading for the course. Specifically, have a look at “Big Picture Course Motivation,” for additional motivation and context for the course, “Time Value of Money Overview,” for a motivation and context for our first topic, and “Quiz Problem Answer Input.” This last note is particularly important to avoid confusion with the problem sets. Then, go to the Video Lectures and start learning Finance!
What's included
4 videos6 readings2 assignments
In this module, we wrap up the Time Value of Money topic with a discussion of inflation before moving on to our second topic, Interest Rates, and introducing our third topic, Discounted Cash Flow Analysis. By the end of this module, you should feel comfortable with discounting and compounding arbitrary cash flow streams in order to value different claims and make better financial decisions.
What's included
4 videos1 reading2 assignments
This module continues our discussion of discounted cash flow analysis by way of a capital budgeting case. (You might want to download or view the Excel file, “Tablet Case Spreadsheet.xlsx,” that I use in the lectures, but it is not necessary for understanding the material.) By the end of this module, you should feel comfortable valuing claims and making financing decisions in which the timing of the cash flows and compounding of interest is arbitrary (e.g., annual, semi-quarterly, monthly, etc.). Having worked through the problems, you should also be more comfortable with real world financial decision making related to retirement savings, home financing and refinancing, auto leases, and other scenarios.
What's included
3 videos2 readings2 assignments
This module closes out our discussion of discounted cash flow analysis and caps off the course with a discussion of return on investment. By the end of this module, you should feel comfortable with the notion of free cash flow and the ability to apply a set of forecast drivers to project free cash flows into the future. These are some of the elements of a basic financial model, which we will use to come to a decision about the tablet project and to analyze the assumptions behind our valuation.
What's included
3 videos1 reading2 assignments
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Instructor
Instructor ratings
4.7 (854 ratings)Michael R Roberts
University of Pennsylvania
4 Courses304,798 learners
Offered by
University of Pennsylvania
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AA
5
Reviewed on Aug 26, 2017
Great course lectures and pacing! I'd just really like to know the right solutions for the questions i got wrong. That will help sharpen concepts. Great if there's a way to share that. Thanks,Archana
LL
5
Reviewed on Oct 21, 2016
The professor is very patient, he spends a lot of time making sense of the equations and the calculation process, which helps me comprehend the concepts and their application really a lot. Thank you!
SS
5
Reviewed on May 31, 2020
I gained knowledge on cash flow and it's calculation. It improved confidence to learn and gain more in my expertise. Good instructor and all classes were practically explained which were helpful.
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