Learn and Master the Basics of Finance

Finance for Non-Finance Professionals
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Instructed by Nishant Verma Business / Finance
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  • Lectures 39
  • Length 3 hours
  • Skill Level Beginner Level
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 9/2016 English

Course Description

This course in Finance is meant for beginners and intermediate level students of finance who would like to get a good grip of the concepts of the subject and be able to comprehend the financial world. 

Most of us read the news without really paying attention to the financial news. This is due to the fact that most of us don't comprehend the basics of the subject. By taking this course, one will be able to build a solid foundation and understand the complex topics by breaking it down to simple concepts.

In order to take this course, one does not need any prior knowledge. However, I would like one to keep an open and receptive mind.

In over 3 hours worth of course material , you will learn every thing from the basics of banking to complex derivative products. The course is structured in such a way that it will gradually build on complex topics yet keeping things simple.

This course is also a great help for students planning to start a university course in finance (such as an MBA) and lack any prior knowledge. This course will ensure that such students will grasp the concepts quickly and not waste time figuring out the basics.

What are the requirements?

  • No prior experience or knowledge of finance is required

What am I going to get from this course?

  • Understand basic to moderately complex finance topics.
  • Understand the "Financial Times" or any other similar business newspaper or magazines.
  • Talk confidently about the latest financial issues at dinner parties.
  • Learn the techniques to managing finances and building wealth

What is the target audience?

  • This course is meant for students and professionals who have a basic or no knowledge of finance and would like to understand the subject well.
  • This course is for students who are planning to start their masters in business administration (MBA) and would like to get a solid foundation before starting.
  • This Course is for people who find it difficult to understand the "Financial times" or similar newspapers and magazines.
  • This course is "NOT" for seasoned finance professionals or people who have an advanced knowledge of finance.

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.

Curriculum

Section 1: Introduction to the Course
04:15

This lecture is to introduce one to the course structure and to give students a peak at what to expect out of the course.

In this video, I would introduce myself and also try to erase any preconceived misconceptions of the subject.

By the end, one would be able to get a clear road map and be prepared to face the material with a clear, confident and receptive mind.

Section 2: The Origins of Finance
02:19

This lecture aims to start with the most basic form of trade system that originated many years ago. It uses this to explain the need for finance and studies how the field originated.

By the end, the student will learn a primitive trade system and understand why the study of finance is important.

01:17

Having been introduced to the barter system, it is important to understand its limitations. Doing so, will expand the study to other trade systems and other complex concepts of finance.

By the end , the student will be able to understand why the barter system was limited and what was needed to fix the limitations.

03:30

The drawbacks of the barter system led to the creation of money. 

Here the student will learn why money got introduced and how economists define money.

5 questions

This quiz will test the concepts learnt in this section. 

Section 3: The Banking System
02:00

This lecture will introduce banks and study why these financial structures were created.

It will look at the functions of primitive banks and how these banks gradually evolved to perform more complex functions.

02:31

In this lecture, the key functions of banks are discussed. 

By the end of this lecture, the student will comprehend the key functions of banks in our modern day economy.

03:13

In this lecture, one would understand the various types of banks based on the types of clients, the geographical location,etc.

By the end, one would not only learn the different types of banks but also learn the role of a "special" type of a bank (viz. the Central Bank).

04:00

In this lecture, one would learn the need for a regulator and study some important banking regulations. 

02:59

This case will summarize the importance of banks and regulators in order to ensure the smooth functioning of the economy.

8 questions

This quiz will test the concepts learnt in this section. 

Section 4: The Fundamentals of Economics
03:08

This lecture aims to introduce one to the fundamental concepts of economics. Here, one would learn the importance of economics and understand what economics is about. 

By the end, one would be able to differentiate micro and macro economics and comprehend the aim of economists and its relevance to finance.

05:44

In this lecture, one would study the most basic and yet most important concept of microeconomics.

By the end, one would be able to understand the law of demand and supply and analyse how prices and external factors affect the demand and supply of commodities.

02:29

In this lecture, one would study the concept of elasticity of demand and look at how this is used to analyse changes in various sectors and industries.

04:00

In this lecture, Macro-Economics is introduced. By the end, one will be able to differentiate this from Micro-economics and understand how small things add up to affect macro decisions.

02:38

In this lecture, the concept of inflation is introduced. By the end, the student will understand the cause of inflation and its effect on the larger economy.

08:40

This lecture looks at the two major economic policies used by the government to affect the money supply and to fulfill its macro-economic objectives.

By the end, the student will be able to comprehend these policies and understand how the government uses them.

03:17

In this lecture, one will understand the various business cycles and be able to differentiate and categorize each phase of a business cycle.

02:54

This case uses a practical example to explain the concept of demand and supply and understand the effects of increased demand and supply on prices.

02:53

This case study explains the government's use of the monetary policy at the time of a crisis. It uses the Credit Crisis of 2008 as an example to explain how the government implements the policy.

10 questions

This quiz will test the concepts learnt in this section. 

Section 5: Understanding the Time Value of Money
04:15

This topic explains the concept of the time value of money. By the end, one will be able to comprehend concepts such as the future value of money and the present value of money.

04:13

This topic differentiates between simple and compound interest. By the end, one would be able to calculate both simple and compound interest.

04:15

This topic looks at compound interest in more detail and introduces a simple and all purpose formula to calculate this interest,

07:26

This topic explains the calculation of the present and future value of money of a single and a series of cash flows. By the end, one would be able to calculate the present and future value and also understand the practical aspect of this topic.

8 questions

This quiz will test the concepts learnt in this section. 

Section 6: From Individuals to Corporations
07:39

This lecture will explain the principals of personal finance. By the end, one would learn the personal finance process and be able to apply it into one's life.

10:37

This lecture would introduce one to the principals of financial accounting. By the end, one would understand the structure and the purpose of the three financial statements published by firms.

03:17

In this lecture, one would be able to use the three financial statements to monitor the health of a company and to analyse its strategy and operations.

04:15

This case would analyse two cases of accounting frauds and study how accounting malpractices lead to financial losses.

8 questions

This quiz will test the concepts learnt in this section. 

Section 7: The Study of Corporate Finance
05:21

In this lecture one will be able to ascertain the various sources of capital available to a firm. One would differentiate these sources and study the pros and cons of each source.

03:49

In this lecture, one will be able to determine the cost of capital available to a firm. This topic will help students determine how companies calculate and use this cost to finance various projects.

04:05

This topic analysis how managers use the company's scarce monetary resources to decide the various projects for a company. It also helps one understand how managers determine which projects increase shareholder's wealth.

7 questions

This quiz will test the concepts learnt in this section. 

Section 8: Financial Products and Risk Management
08:39

This topic will introduce one to fixed income securities. By the end, one would understand the various terms associated with bonds and the various types of bonds traded in the market.

09:14

This topic uses the principals of finance to understand how the value of a bond is calculated. It introduces a few important concepts for bonds and clarifies the difference between major bond terminologies.

06:44

This topic will explain the process of risk management and explain how analysts should either accept or mitigate risk.

It later specifically discusses the risks of investing in bonds.

01:39

Having introduced one to bonds, the topic of stocks and shares would be introduced. 

By the end, one would comprehend what stocks are and why do investors purchase these financial products.

12:00

In this topic, one would use various terms from the financial statements to calculate and determine the fair value of a company's stock price. It would also look at various other techniques in order to determine the price. By the end, one would see several examples on how the fair value is calculated using different methods (such as the DCF method and the comparable approach).

05:29

This topic will introduce one to equity markets and the reason for investing in stocks. It will also look at how a stock index is determined and how it is used to scan the performance of the overall economy.

02:41

This topic introduces one to the concept of the risk of investing in stocks.

04:14

This topic looks at what mutual funds are and the rationale for investing in these funds.

15:27

This topic will introduce one to the concept of derivative and introduce one to two such derivatives (Futures and Options). By the end, one would be able to calculate the payoff for various types of derivative instruments.

07:07

This topic will move away from conventional products to introduce one to alternative instruments such as Private Equity, Hedge Funds, Real Estate and Commodities.

By the end, one would get a good understanding of the various types of alternatives and the primary reason of investing in such instruments,

17 questions

This quiz will test the concepts learnt in this section. 

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Instructor Biography

Nishant Verma, MBA (Finance), CFA

I am a finance professional with over 8 years of industry experience in the fields of risk management, financial modeling and credit ratings.

I have studied my masters in finance, have completed my bachelors in Computer Engineering and also a CFA Charter Holder.

Through my rich industry experience, I wish to impart the knowledge that I have gained over the years.

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