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Finance for Everyone: Smart Tools for Decision-Making
edX
Course
Beginner
Free to Audit
Certificate

Finance for Everyone: Smart Tools for Decision-Making

The University of Michigan

In this introduction to finance course from Michigan learn to apply frameworks and smart tools for understanding and making everyday financial decisions.

5 hrs/week6 weeksEnglish94,928 enrolled
Free to Audit

About this Course

Want to learn how to think clearly about important financial decisions and improve your financial literacy? Finance for Everyone will showcase the beauty and power of finance. This introductory finance course will be a gateway into the world of finance and will examine multiple applications to apply to your everyday life. Join us to better understand how to apply frameworks and tools to make smart financial choices. You will be able to value the impact of different choices available to you: from renting or buying, evaluating car, home and student loans, or deciding whether to go to college versus pursuing a new idea to simply understanding how the financial world works. Starting with time value of money, the course will help you develop a full appreciation for the many applications of finance. Using real world examples, the course will enable you to understand and analyze many personal and professional decisions we confront on a daily basis. You will understand stocks and bonds, learn to allocate scarce resources in a value-add way, and adopt smart tools for making every day decisions. Finance is simultaneously a way of thinking and a set of tools. Finance is everywhere. There are no prerequisites for this course except for a sense of curiosity and a positive attitude. However, a comfort level with algebra and numbers and an understanding of accounting (the language of business) will clearly help. We will, however, try to cover everything starting with fundamentals and highlight when there is a need to do some further work in specific subjects.

What You'll Learn

  • Why finance is everywhere and how it affects all of us
  • An understanding of the financial world, and an appreciation for the beauty and power of finance
  • Gain the fundamental knowledge, skills, and tools of finance and the ability to apply them everywhere, in personal and professional situations
  • Different frameworks for decision-making
  • Acquire skills in using different decision-making tools, and learn to make sound personal and professional financial decisions
  • The concept of Time Value of Money (TVM) and apply related tools and frameworks to everyday decisions

Prerequisites

  • secondary school (high-school) algebra
  • basic mathematics concepts

Instructors

G

Gautam Kaul

Professor of Finance, Ross School of Business

Topics

Financial Analysis
Loans
Budgeting
Decision Making
Time Value Of Money
Finance
Financial Literacy

Course Info

PlatformedX
LevelBeginner
PacingUnknown
CertificateAvailable
PriceFree to Audit

Skills

التحليل المالي
القروض
إعداد الميزانية
اتخاذ القرار
القيمة الزمنية للنقود
Finance
Financial Literacy

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