Finance 101: Financial Skills for the Real World
4.5 (403 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
6,649 students enrolled

Finance 101: Financial Skills for the Real World

Understand and Learn How to Apply the Core Principles of Finance In a Couple of Hours
4.5 (403 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
6,649 students enrolled
Created by 365 Careers
Last updated 7/2020
English [Auto]
Current price: $135.99 Original price: $194.99 Discount: 30% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 3.5 hours on-demand video
  • 6 articles
  • 13 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Understand the time value of money
  • Learn about the components that form interest rates
  • Make the distinction between fixed and variable interest rates
  • Understand how to negotiate with banks when applying for a loan
  • Compare present and future cash flows
  • Assess whether a project is feasible from a financial perspective through the Net Present Value technique
  • Learn about annuities
  • Calculate a complete loan schedule with fixed payments
  • Know how to convert Foreign exchange currencies
  • See the core principle behind modern Equity Portfolio Management theory
  • Be able to make your own financial decisions based on sufficient financial literacy
  • No experience or Finance knowledge is required - everything is shown in the course

Welcome to our Finance 101 course!

Most people don't realize how basic finance calculations play a major role in their life:

- the ability to compare two investments

- the understanding of how the timing of cash flows impacts their value

- the preparation necessary to negotiate an advantageous mortgage or loan rate

At the end of the day all of these decisions shape the amount of money you will find in your bank account. And because money accumulates over time, potential inefficiencies have an even higer weight in the future.

On the other hand, educated financial decision making goes a long way and could easily play a major role determining your net worth in the years to come.

In this course, we will start from the very basics. The lessons are suitable for those of you who have not studied finance in university or during an MBA course.

We'll cover the following fundamental topics:

  • cash flow calculations

  • the time value of money

  • the components forming interest rates

  • how to compare between investments

  • what is an annuity

  • how interest compounds over multiple periods

  • what is the difference between monthly and annual interest rate

  • how to calculate IRR, NPV, and many more

The course contains plenty of useful resources such as course notes, quizz questions, practical exercises, and a vibrant Q&A section where you can contact the course tutor and ask questions.

Sign up for the course today and make sure you are in control of your financial future!

Who this course is for:
  • Anyone who wants to learn how to manage their own money
  • Anyone from any country
  • People who want to improve their financial literacy
Course content
Expand all 40 lectures 03:23:02
+ The effects of compounding-Finance 101
3 lectures 11:43
Solving different time value of money problems
The importance of compounding frequencies
+ Present and Future Value of Cash Flows - Finance 101
4 lectures 22:57
Ordinary annuity
Annuity due
FV and PV of unequal cash flows
+ Modeling and solving time value of money problems - Finance 101
4 lectures 18:16
Calculate the monthly payment of a mortgage loan
Let's calculate the number of years it takes to reach a certain financial goal
What's the rate of return of my investment?
The cash flow additivity principle
+ Quiz 1
2 lectures 00:06

Here is a list of questions that will test the material we have covered so far.

Quiz 1

Quiz 1 (Answers with explanations)

Quiz 1 (Answers with explanations)
+ Net present value and Internal rate of return - Finance 101
4 lectures 32:10
How to interpret the net present value (NPV)
Calculate the NPV
Calculate the internal rate of return (IRR) of an investment
Contrast the NPV to the IRR
+ Portfolio return measurement-Finance 101
3 lectures 14:43
The holding period return
The money-weighted rate of return
The time-weighted rate of return
+ Short-term debt markets-Finance 101
3 lectures 16:43
Evaluate the performance of money market instruments
Alternatives to the bank discount yield
Convert among yield measures
+ Quiz 2
2 lectures 00:06
Quiz 2
Quiz 2 (Answers with explanations)