Back to Finance for Everyone: Debt
McMaster University

Finance for Everyone: Debt

In Debt, we take on one of the most challenging financial questions that remains unresolved: How much to borrow? We start by demonstrating why using debt has always been and continues to be a great temptation, particularly when borrowing costs are historically low. We identify conditions for selecting the optimal amount of debt for a corporation looking to maximize its value. You’ll become fluent in related concepts like norms and benchmarks. You will explore these and other factors that influence debt for individuals and for public sector organizations -including governments, who are the largest consumers of debt. Like pollution, debt creates systemic risks even for the people and organizations that don’t create it. This course discusses the imperative of limiting and reducing debt and the costs to all of us if we don’t. We build on case based learning giving you opportunities to interpret, uncover and acquire financial information that is often hidden or missing. We also summarize important threads from previous courses to give you a deep and cohesive understanding of when debt works for you and when it becomes your worst enemy.

Status: Financial Statement Analysis
Status: Financial Data
Course12 hours

Featured reviews

AV

Reviewed Oct 1, 2020

Very clear concepts including videos. Interesting everything

GC

Reviewed Oct 8, 2020

This course helped alot what is debt and how it helps us.

AG

Reviewed Dec 9, 2020

A brilliant way to look at Debt. This course gave me valuable insights. I am happy to take up this course.

AL

Reviewed Mar 4, 2025

Does not get into details about debt. Gives a high level view of personal, corporate, and Sovereign debt.

All reviews

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FLORENTINO
5.0
Reviewed May 11, 2020
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Reviewed Jul 10, 2018
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Reviewed Jul 15, 2019
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Reviewed Jun 23, 2020
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Reviewed Dec 9, 2020
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Reviewed Jan 17, 2022
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Reviewed Sep 21, 2020
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Reviewed Sep 1, 2020
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Reviewed Jan 15, 2021
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Reviewed Sep 17, 2020
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Reviewed Sep 27, 2020
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Reviewed Jul 21, 2025
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Reviewed Jul 9, 2025
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Reviewed Jul 9, 2025
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Reviewed Mar 5, 2025