Make Strategic Financial Decisions
Learn the essentials of finance in four courses.
About This Specialization
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Designed to help you practice and apply the skills you learn.
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- Intermediate Specialization.
- Some related experience required.
Principles of Valuation: Time Value of MoneyUpcoming session: Mar 27 — May 15.
About the CourseWe will introduce the time value of money (TVM) framework in a carefully structured way, using relatively simple applications at first and quickly moving to more advance ones. We will then spend some time on developing an understanding of alternative decision criteria (NPV, IRR, Profitability, etc.) that are commonly used in the real world. We will wrap up the course with an exposure to the determination of cash flows using accounting principles. The main focus in this building block will be on individual/personal decisions because of two reasons: (a) we learn when we see value to us as individuals and (b) the beauty of finance is that the building blocks of finance are applicable to any decision, personal or corporate. The course will last six weeks with time included for assimilation and two final exams. This course is the first in a sequence of four courses, followed by a Capstone Project, that comprise a Specialization on Valuation & Investing.
Principles of Valuation: Risk and ReturnUpcoming session: Mar 27 — May 15.
About the CourseThis second course in the specialization will last six weeks and will focus on the second main building block of financial analysis and valuation: risk. The notion of risk and statistics are intimately related and we will spend a fair amount of time on the development of some statistical concepts and tools, namely distribution theory and regression analysis. This time will be well spent because these concepts and tools are also commonly used in many applications in the real world. The foundational idea of diversification will then be used to develop a framework for evaluating risk and establishing a relationship between risk and return. Apart from developing a keen appreciation of risk for making thoughtful decisions in an institutional context, this course will contain a lot of material and examples that will enable the learner to make smart personal investing decisions. The course will again have time included for assimilation and two final exams. This course is the second in a sequence of four courses, followed by a Capstone Project that comprise a Specialization on Valuation & Investing.
Valuation: Alternative MethodsUpcoming session: Apr 3 — May 22.
About the CourseThis course is a rigorous introduction to alternative methods of valuation and will enable the learner to conduct analysis of most projects and companies. This course will also serve useful to anyone interested in, or required to, critically evaluating project and company analyses conducted by experts.
Valuing Projects and CompaniesUpcoming session: Apr 3 — May 22.
About the CourseThis course is a theoretically sound and practical exposure to valuation. As the final course of the Specialization, it will be useful to anyone in understanding, conducting or critically evaluating project and company analyses conducted by experts.
Valuation CapstoneUpcoming session: Apr 24 — Jul 3.
About the Capstone ProjectThis is Capstone Project that is the natural culmination of the Specialization and offers qualified learners to apply their knowledge to analyze a real company or complex project. It will reflect the most salient features of the real world that you are likely to confront.
Professor of Finance & Fred M. Taylor Professor of Business Administration