Finance for Non-Finance Professionals

About this Course

This brief course surveys all the foremost subjects lined in a full semester MBA degree finance course, however with a extra intuitive strategy on a really excessive conceptual degree. The objective right here is offer you a roadmap and framework for the way monetary skilled make selections.

We’ll cowl the fundamentals of economic valuation, the time worth of cash, compounding returns, and discounting the longer term. You’ll perceive discounted money stream (DCF) valuation and the way it compares to different strategies. We additionally step contained in the thoughts of a company monetary supervisor and develop the essential instruments of capital budgeting. We’ll survey the how, when, and the place to spend cash, make tradeoffs about funding, progress, dividends, and the way to make sure sound fiscal self-discipline. Our journey then turns to a Wall Avenue or capital markets perspective of investments as we focus on the basic tradeoff between danger and return. We then synthesize our dialogue of danger with our valuation framework and incorporate it into collection of direct functions to apply. This course requires no prior familiarity with finance. Moderately, it’s meant to be a primary step for anybody who’s inquisitive about understanding inventory markets, valuation, or company finance. We’ll stroll via all the instruments and quantitative evaluation collectively and develop a information for understanding the seemingly advanced selections that finance professionals make. By the top of the course, you’ll develop an understanding of the foremost conceptual levers that push and pull on monetary resolution making and the way they relate to different areas of enterprise. The course also needs to function a roadmap for the place to additional your finance schooling and it could be a superb introduction of any college students considering an MBA or Finance focus, however who has little background within the space.

SKILLS YOU WILL GAIN

• Monetary Accounting
• Capital Budgeting
• Company Finance
• Finance

Syllabus – What you’ll be taught from this course

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WEEK

1

3 hours to finish

Course Overview and Fundamental Ideas of Monetary Valuation Discounting

Welcome to Finance for Non-Finance Professionals! On this part you’ll find common details about the course and directions on navigate the course. For the primary week of lectures, we will likely be protecting the fundamentals of economic valuation. We’ll begin with the fundamentals of compounding and discounting charges of return over time. Utilizing these instruments we are going to then transfer on to valuation utilizing the discounted money stream technique. Alongside the best way, we are going to exhibit our valuation instruments with a wide range of sensible examples and examine our evaluation with different valuation strategies.

WEEK

2

2 hours to finish

How one can Spend Cash (Capital Budgeting instruments)

Welcome to the second week of Finance for Non-Finance Professionals! On this week of the course, we are going to construct on the essential valuation instruments from week one to start out making capital budgeting selections. Our capital budgeting evaluation covers the essential instruments like Internet Current Worth, Inner Fee of Return, Payback interval, and return on capital. Our dialogue of the relative benefits of every completely different device leads us into sensitivity evaluation and some great benefits of spreadsheet modeling.

WEEK

3

2 hours to finish

Measuring Money Creation and Circulate

Welcome again to Finance for Non-Finance Professionals! In our third week collectively, we are going to go on a treasure hunt via the monetary statements. Utilizing discounted money flows as our motivation, we search via the earnings assertion and stability sheet for all of the makes use of and sources of money. Our search leads us to our main measure of worth creation: Free Money Circulate. Free money stream will kind the idea of most monetary evaluation and this module offers us a roadmap for estimating and forecasting money creation inside any group.

WEEK

4

3 hours to finish

How A lot Does Cash Price? Evaluating the Price of Capital

Welcome again everybody! In our closing week collectively on this course, we swap gears and take an exterior view of the agency from a Wall Avenue, or capital markets, perspective. We take into consideration the essential tradeoff between danger and return, measure danger, and put a danger premium on completely different sorts of investments. We then take our evaluation of danger and return and use it to estimate a agency’s price of capital. Lastly, we circle again to free money flows, capital budgeting and valuation to tie collectively all 4 weeks and prepare for our capstone case evaluation.