Product Cost and Investment Cash Flow Analysis

Product Cost and Investment Cash Flow Analysis

This course is part of Finance for Technical Managers Specialization

Instructor: Michael J. Readey, Ph.D.

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11,323 already enrolled

5 modules

Gain insight into a topic and learn the fundamentals.

101 reviews

Beginner level

Recommended experience

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

5 modules

Gain insight into a topic and learn the fundamentals.

101 reviews

Beginner level

Recommended experience

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

What you'll learn

Understand the basics of financial management in an organization.
Distinguish between job and activity-based costing and develop a product cost model.
Learn the concept of time value of money (TVM) and apply it using spreadsheet analysis.
Apply TVM principles to your personal finances and retirement planning.

Skills you'll gain

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Assessments

18 assignments

Taught in English

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This course is part of the Finance for Technical Managers Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 5 modules in this course

This course discusses costs and business practices to establish the cost of a product. The concept of time value of money (TVM) is developed to determine the present and future values of a series of cash flows. TVM principles are then applied to personal finances and retirement planning. This is a practical course that uses spreadsheets to better prepare learners in engineering and science for a career in industry.

This course can be taken for academic credit as part of CU Boulder’s Master of Engineering in Engineering Management (ME-EM) degree offered on the Coursera platform. The ME-EM is designed to help engineers, scientists, and technical professionals move into leadership and management roles in the engineering and technical sectors. With performance-based admissions and no application process, the ME-EM is ideal for individuals with a broad range of undergraduate education and/or professional experience. Learn more about the ME-EM program at https://www.coursera.org/degrees/me-engineering-management-boulder.

Overview of the course and introduction to key financial principles.

What's included

8 videos4 readings3 assignments1 discussion prompt

8 videosTotal 81 minutes

Course Introduction4 minutes
Week 1 Introduction 2 minutes
Course Overview10 minutes
Course Mechanics9 minutes
Introduction to Finance15 minutes
Goal of Financial Management15 minutes
The Capital Allocation Process16 minutes
Access to Capital10 minutes

4 readingsTotal 29 minutes

Course Updates and Accessibility Support1 minute
Important update to Finance for Technical Managers specialization10 minutes
Non-Credit Students: Welcome and Where to Find Help10 minutes
YouTube Video: The Story of Muhammad Yunus8 minutes

3 assignmentsTotal 75 minutes

Overview of Finance and Accounting15 minutes
The Capital Allocation Process30 minutes
Financial Challenge #130 minutes

1 discussion promptTotal 10 minutes

Introduce Yourself!10 minutes

Introduces types of costs and the break-even analysis; describes approaches to cost modeling and important cost estimation techniques.

What's included

9 videos1 reading4 assignments

9 videosTotal 118 minutes

Week 2 Introduction2 minutes
Types of Costs15 minutes
Break-Even Analysis15 minutes
Discrete Cost Models18 minutes
A Real Engineering Problem7 minutes
Continuous Cost Models15 minutes
Cost Estimation Overview14 minutes
Cost Estimation Techniques17 minutes
Learning Curve Analysis15 minutes

1 readingTotal 10 minutes

Residential Solar PV: Background & Instructions 10 minutes

4 assignmentsTotal 120 minutes

Types of Costs and the Break-Even Point30 minutes
Cost Estimation Techniques30 minutes
Residential Solar PV Viability Study30 minutes
Financial Challenge #230 minutes

Introduces types of inventory and how product cost is determined using the Job Cost and Activity-Based Cost methods.

What's included

6 videos3 assignments

Introduces the concept of time value of money (TVM) as it applies to investment decisions; develops and demonstrates the expressions for the future value of an investment based on initial investments, compounding interest rates, and periods of time; uses analytical and spreadsheet models to solve for a variety of investment situations.

What's included

7 videos5 assignments

7 videosTotal 87 minutes

Week 4 Introduction 2 minutes
Introduction to TVM11 minutes
Simple and Compound Interest20 minutes
Single Payment Cash Flows13 minutes
Multiple Payment Cash Flows10 minutes
Excel to the Rescue20 minutes
More Excel to the Rescue10 minutes

5 assignmentsTotal 100 minutes

Time Value of Money and Interest10 minutes
Single Payment Cash Flows15 minutes
Multiple Payment Cash Flows15 minutes
Cash Flows and the Power of Excel30 minutes
Financial Challenge #430 minutes

Applies the principles of finance and time value of money (TVM) to one’s personal finances. Investments such as stocks, bonds, and funds are introduced, along with the concept of price volatility and its relationship to risk. Asset allocation theory is described in the context of creating an investment portfolio. These principles are then put into practice through constructing a personal retirement plan spreadsheet and retirement plan portfolio.

What's included

10 videos3 readings3 assignments1 programming assignment1 peer review

10 videosTotal 138 minutes

Week 5 Introduction2 minutes
Personal Finance - The Basics23 minutes
Planning for Retirement13 minutes
Stocks and Bonds15 minutes
Volatility and Risk15 minutes
Introduction to Funds7 minutes
All About Mutual Funds11 minutes
Asset Allocation Theory19 minutes
Your Retirement Plan Spreadsheet18 minutes
Building Your Retirement Portfolio15 minutes

3 readingsTotal 30 minutes

YouTube Video: The Man Behind Starbucks10 minutes
Creating a Retirement Plan Portfolio: Background & Instructions10 minutes
Creating a Retirement Portfolio: Solutions 10 minutes

3 assignmentsTotal 55 minutes

Planning for Retirement15 minutes
Stocks, Bonds, and Funds20 minutes
Asset Allocation Theory20 minutes

1 programming assignmentTotal 180 minutes

Part 1: Creating a Retirement Portfolio180 minutes

1 peer reviewTotal 60 minutes

Part 2: Your Portfolio Analysis60 minutes

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Build toward a degree

This course is part of the following degree program(s) offered by University of Colorado Boulder. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹