Essentials of money value: Get a financial Life !

Understanding Dimensions of Value of money
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a
course's star rating by considering a number of different factors
such as the number of ratings, the age of ratings, and the
likelihood of fraudulent ratings.
0 students enrolled
25% off
Take This Course
  • Lectures 20
  • Length 37 mins
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
Wishlisted Wishlist

How taking a course works


Find online courses made by experts from around the world.


Take your courses with you and learn anywhere, anytime.


Learn and practice real-world skills and achieve your goals.

About This Course

Published 5/2016 English

Course Description

In this course, you will be able to identify the real  value of your investments. Identifying money values is the prime requirement for attaining financial freedom. You will be able to set realistic financial goals which would put you in charge of your money and your life. Be it at an individual level or managerial level, your success depends on understanding the value of money in its different dimensions. Many people take a passive role in managing their finances as they are confused with the world of money and finance. They continue with their rat-race, save a few bucks in some retirement fund, settling for meager returns year-after-year,without knowing  what value their savings are worth.

This course is here to give you some basic idea on how one should look at money values. There are other options for those who are willing to change the way they look at money. A thorough understanding of the value of money is the key to one’s personal financial success. Money is just not a currency note with numbers and symbols on it or a plastic card with a bank logo and an account number. It is something else entirely. This course will help you analyse the meaning of the value of money,  where money has been, and where it is going.

What are the requirements?

  • The course does not require any special prerequisite knowledge of accounts and finance.
  • It only needs you to have a strong desire to take charge of your money.

What am I going to get from this course?

  • Your outlook towards money value will change dramatically.
  • If your are a student of accounts and finance , this course will give you a kick-start in grasping the fundamentals.
  • Understand the real value of your savings and investments.
  • Identify the right direction to achieve your financial goals.
  • Understand the significance of different interpretations of the value of money.
  • Make right decisions on various financial products being sold to you.
  • Take control of your money instead of allowing others to do so.
  • Attain peace of mind on money matters.

Who is the target audience?

  • This course is for everyone – whether you are a student, doctor, lawyer, teacher or manager.
  • It would give a head start, especially to students pursuing Commerce, CA , CMA , MBA and Non-Finanace Managers.

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.


Section 1: Section 1: Introduction
Lecture 1: Introduction to money value
Section 2: Section 2: Dimensions of Value of Money
Lecture 2: Value of money
Lecture 3: Different dimensions of Value of Money
Section 3: Section 3: Nominal Values
Lecture 4: Nominal Values of money
Section 4: Section 4: Real Value of Money
Lecture 5: Real Value of Money – The Purchasing power
Lecture 6: Impact of Inflation on Purchasing Power
Lecture 7: Cost of Living Index
Lecture 8: Impact of Inflation on your Investments
Lecture 9: Types of Inflation- Creeping, Galloping and Hyper inflation
Section 5: Section 5: Exchange Value
Lecture 10: Exchange Value of a Currency
Lecture 11: Consequences of Fall in Exchange value a currency
Section 6: Section 6: Time Value of Money
Lecture 12: Time Value of Money
Lecture 13: Simple and Compound Interest
Lecture 14: Impact of Compounding periods
Lecture 15: Power of Compounding with interest rate differentials
Lecture 16: Power of Compounding-Saving early
Lecture 17: How Many Years will it take to Double Your Investment?
Lecture 18: Present value of Future Monies to be Received
Section 7: Section 7: Tax Value
Lecture 19: Tax Factor in investment decisions
Section 8: Section 8: Book Value and Market Value
Lecture 20: Book Value and Market Value

Students Who Viewed This Course Also Viewed

  • Loading
  • Loading
  • Loading

Instructor Biography

Rajasekhar Reddy Kambam, M.A.(Economics), ACMA , Management Accountant

Raj has completed his Masters in Economics from Loyola College, Chennai, and Cost and Management Accountancy (CMA) from the Institute of Cost Accountants of India. He has a total experience of over 30 years, both in teaching and corporate world with multinational companies in India and Dubai. Presently he is a practicing Management accountant and a visiting faculty. He has authored a book titled “Economics”.      

Ready to start learning?
Take This Course