About this Course

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Beginner Level

Some algebra and an introductory understanding of time value of money (TVM)

Approx. 11 hours to complete

Suggested: This course will require 3-5 hours of work a week....

English

Subtitles: English

What you will learn

  • Check

    Pricing and trading of bonds

  • Check

    Pricing and trading of stocks

  • Check

    How companies are financed and why

Skills you will gain

Pricing StocksTrading in Financial MarketsPricing Bonds

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Beginner Level

Some algebra and an introductory understanding of time value of money (TVM)

Approx. 11 hours to complete

Suggested: This course will require 3-5 hours of work a week....

English

Subtitles: English

Syllabus - What you will learn from this course

Week
1
3 hours to complete

week 1: Bond Valuation

This course is focused on understanding the two most commonly used vehicles/instruments by corporations for raising money. This week we will introduce you to the basic language and mechanics of bond pricing. Though introductory, we attempt to cover a fair amount of content and with real world applications....
5 videos (Total 61 min), 4 readings
5 videos
1.1 Financing: Bonds and Stocks13m
1.2 Zero-Coupon Government Bonds20m
1.3 Government Coupon Bonds15m
1.4 Bond Pricing: Calculations10m
4 readings
Specialization - Syllabus45m
Course 3-Syllabus30m
Note-Formula3m
Note-Spreadsheets30m
Week
2
3 hours to complete

Week 2: Bond Prices & Market Data

After understanding both the terminology of bonds and their pricing, we will spend this week both looking at real data to see the close connection between the concepts and reality and submitting the first graded assignment. One of the major takeaways of this week's efforts will be the similarity between how borrowing works for individuals and corporations....
1 video (Total 11 min), 1 reading, 2 quizzes
1 video
1 reading
Note-Spreadsheets30m
2 practice exercises
Practice Assignment 1s
Assignment 1s
Week
3
1 hour to complete

week 3: Stock Valuation

During this week, we will provide you an exposure to the characteristics and the valuation of stocks, again with an eye toward real world applications. You will see how understanding stocks is key to learning how companies work and how pricing them is more art than detailed calculations....
3 videos (Total 58 min), 1 reading
3 videos
3.2 Stock Pricing/Valuation21m
3.3 Dividend & Growth Stocks22m
1 reading
Note-Formulae30m
Week
4
3 hours to complete

Week 4: Stock Prices & Market Data

We will wrap up this course by understanding the relationship between basics of stock pricing and real stock markets. The idea here is to make you realize how foundational principles of finance are so applicable to the real world and even a basic knowledge of key principles help you understand how the world works. You will also test your knowledge by submitting the second assignment for the course....
1 video (Total 8 min), 1 reading, 2 quizzes
1 reading
Note-Formulae30m
2 practice exercises
Practice Assignment 2s
Assignment 2s

Instructor

Avatar

Gautam Kaul

Professor of Finance & Fred M. Taylor Professor of Business Administration
Ross School of Business

About University of Michigan

The mission of the University of Michigan is to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values, and in developing leaders and citizens who will challenge the present and enrich the future....

About the Foundational Finance for Strategic Decision Making Specialization

Understand and apply the foundational principles of finance to most business problems and strategies. This integrated set of courses focuses on both the theory and practice of financial decision-making through an applied lens. Ideal for learners seeking to advance their career and/or pursue a business degree, such as a Master of Business Administration (MBA) degree, a great understanding of foundational concepts in finance will help you to understand the principles of personal finance and investing. After successful completion of the four-course program, you will be equipped to make thoughtful decisions based on a framework built using multiple advances in modern financial theory....
Foundational Finance for Strategic Decision Making

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.