This course provides a brief introduction to the fundamentals of finance, emphasizing their application to a wide variety of real-world situations spanning personal finance, corporate decision-making, and financial intermediation. Key concepts and applications include: time value of money, risk-return tradeoff, cost of capital, interest rates, retirement savings, mortgage financing, auto leasing, capital budgeting, asset valuation, discounted cash flow (DCF) analysis, net present value, internal rate of return, hurdle rate, payback period.
What you'll learn
understanding time value of money
assessing risk-return tradeoff
applying cost of capital in decisions
calculating net present value (NPV)
conducting discounted cash flow (DCF) analysis
Course objectives
to provide a solid foundation in finance principles
to illustrate the application of financial concepts in real-world scenarios
to equip learners with tools for effective financial decision-making