Introduction to Finance
3.7 (71 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.
2,215 students enrolled
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Introduction to Finance

Introduce yourself with the world of finance, the areas of financial decision-making and plan your learning of finance.
3.7 (71 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.
2,215 students enrolled
Created by Md Mohan Uddin
Last updated 11/2015
English
Price: Free
Includes:
  • 1 hour on-demand video
  • 1 Article
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Define finance
  • Recognize the specific areas of business finance
  • Identify the role, tasks, scope, and challenges of a financial manager
  • Recognize the primary goal of financial decision-making
  • Align the shareholders wealth maximization with other stakeholders interests
  • Compare and choose between profit maximization and share price maximization as the primary goal of financial decision-making
  • Plan the pathway of learning finance
View Curriculum
Requirements
  • Interest of exploring the world of finance
  • Very basic level of knowledge about business activities
Description

Almost everyone has to make financial decisions. Even if one is not a business manager or portfolio manager, s/he must make financial decisions appropriately for his/her personal financial well-being, which necessitates a good introduction with the subject matter of finance.

This is the first course in the series of finance courses to be published at Udemy by the course instructor. Every learner of finance should start their lesson by being introduced with the basic definition of finance, goals of financial management, and the areas of financial decision-making.

This course consists of several video lectures that will be updated over time and based on students' requests, and additional resources. The lectures contain explanations of necessary concepts along with examples and illustrations.

After completing this course, a learner would be able to define finance, recognize the specific areas of business finance, identify the role, tasks, scope, and challenges of a financial manager, recognize the primary goal of financial decision-making, align the shareholders wealth maximization with other stakeholders interests, compare and choose between profit maximization and share price maximization as the primary goal of financial decision-making, and plan the pathway of learning finance.

This course is suitable for anyone who wish to achieve financial literacy and/or has the interest about the interesting world of finance. More specifically, entrepreneurs, managers and executives who are going to start learning finance, business students who are going to start learning finance, and anyone who has involvement with financial decision-making would be benefitted from this course. This course is also suitable for absolute beginners who have never attended a finance course before, and may continue learning finance at an advanced level in future.

The instructor welcomes his students for continuous discussion with him. Any sort of input for improving the course is also appreciated. He also expects your positive and genuine review and rating of the course.

Who is the target audience?
  • Entrepreneurs
  • Managers and executives who are going to start learning finance
  • Business students who are going to start learning finance
  • Anyone who has involvement with financial-decision making
  • Anyone who wish to achieve financial literacy
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Curriculum For This Course
Expand All 7 Lectures Collapse All 7 Lectures 51:28
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Introduction
1 Lecture 03:26

This is the introduction lecture containing the brief overview about the course content and layout.

Introduction to the course
03:26
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Finance and it's management
2 Lectures 19:52
  • Define Finance
  • Recognize the applicability of Finance in personal, government, and business contexts
  • Identify the areas of Business Finance
  • Explain various elements of a balance sheet of business organization
  • Relate the financial managers' decisions with the balance sheet model of a firm
What is Finance?
08:52

  • Describe who is a financial manager
  • Understand the tasks of a financial manager
  • Recognize the role of financial managers in the link between the firm and the financial market
  • Realize the challenges and complexities handled by a financial manager in today's world
  • Identify the financial managers in a corporate business organizations
Financial manager
11:00
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Goal of managing finance
3 Lectures 27:38
  • Recognize the importance of having an appropriate goal of financial decision-making
  • Identify various alternative goals of financial decision-making
  • Explain the reason why share price maximization is the most appropriate goal of financial decision-making
  • Recognize how the goal of share price maximization should be applied when external factors also affect the share price
Goal of financial management
11:19

  • Identify the stakeholders of a firm
  • Recognize the importance of satisfying the stakeholders of a firm
  • Link shareholder wealth maximization goal with other stakeholders' interests
Owners' wealth versus other stakeholders' interests
06:28

  • Recognize the limitations of profit maximization as a goal of financial decision-making
  • Identify the fact that share price maximization is superior to profit maximization as a goal
Why profit maximization is not the ultimate goal
09:51
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Supplementary lectures
1 Lecture 00:31
  • Plan the learning of finance
  • Organize learning according to the areas of finance
BONUS: Your pathway for learning Finance
00:31
About the Instructor
Md Mohan Uddin
3.6 Average rating
93 Reviews
4,546 Students
2 Courses
PhD in Finance, Academician

Md Mohan Uddin enjoys making learning and instruction videos and is very much excited to get a platform like Udemy, where he can utilize those technologies for the purpose of reaching a large number of learners worldwide. During his academic career, he has been teaching undergraduate/graduate level business and finance courses since 2003. The courses he taught include: Corporate Finance, International Finance, Financial Management, Principles of Finance, Investment Analysis, Bank Management, Banking & Insurance, Project Management, Strategic Management, and Computer Applications in Business. He has got his Bachelor of Business Administration and Master of Business Administration degrees majoring in Finance and Banking from University of Dhaka, Bangladesh and his Doctor of Philosophy in Finance from Universiti Utara Malaysia. Currently he is working as Associate Professor of Finance at United International University. Before that, he worked as Senior Lecturer in Finance at Universiti Utara Malaysia, as Assistant Professor at United International University, and as Lecturer in Finance at two other universities all in Dhaka, Bangladesh. In addition to presenting research papers in international conferences he has also been active in publishing research articles in different local and international journals in the area of finance. His area of interest includes corporate finance, capital market and its regulation, international finance, and small business finance.