About this Specialization

100% online courses

Start instantly and learn at your own schedule.

Flexible Schedule

Set and maintain flexible deadlines.

Beginner Level

Some exposure, or an interest in, real world problems typically gained through a couple of years of work experience. An aptitude for numbers.

Approx. 2 months to complete

Suggested 12 hours/week

English

Subtitles: English

What you will learn

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    Understand the sources of value of companies

    Evaluate the cash flows of a project

    Evaluate the risk of a project

    Value a project and a strategy

Skills you will gain

Estimation of RiskFinancial AnalysisUnderstanding Financial LanguageSpreadsheet AnalysisCalculating Cost of Capital

100% online courses

Start instantly and learn at your own schedule.

Flexible Schedule

Set and maintain flexible deadlines.

Beginner Level

Some exposure, or an interest in, real world problems typically gained through a couple of years of work experience. An aptitude for numbers.

Approx. 2 months to complete

Suggested 12 hours/week

English

Subtitles: English

How the Specialization Works

Take Courses

A Coursera Specialization is a series of courses that helps you master a skill. To begin, enroll in the Specialization directly, or review its courses and choose the one you'd like to start with. When you subscribe to a course that is part of a Specialization, you’re automatically subscribed to the full Specialization. It’s okay to complete just one course — you can pause your learning or end your subscription at any time. Visit your learner dashboard to track your course enrollments and your progress.

Hands-on Project

Every Specialization includes a hands-on project. You'll need to successfully finish the project(s) to complete the Specialization and earn your certificate. If the Specialization includes a separate course for the hands-on project, you'll need to finish each of the other courses before you can start it.

Earn a Certificate

When you finish every course and complete the hands-on project, you'll earn a Certificate that you can share with prospective employers and your professional network.

how it works

There are 4 Courses in this Specialization

Course1

Time Value of Money

4.9
19 ratings
3 reviews
This course is an introduction to time value of money (TVM) and decision-making to help you understand the basics of finance. This course is part of a specialization titled “Foundational Finance for Strategic Decision-Making” and is helpful if you are interested in applying to an MBA degree program or learning the foundations of finance to be more effective in your career. This course is applied and problem-based with assignments that are intentionally introductory and simpler than real-world applications you will confront when making day-to-day financial decisions and in more advanced courses....
Course2

Decision Criteria & Applications

4.8
6 ratings
This course is an introduction to decision-making criteria widely used in the real world and will help you understand the foundational principles of how most organizations make decisions. This course is part of a specialization titled “Foundational Finance for Strategic Decision-Making” and is helpful if you are interested in applying to an MBA degree program or learning the foundations of finance to be more effective in your career. This course is applied and problem-based with assignments that are intentionally introductory and simpler than real-world applications you will confront when making day-to-day financial decisions and in more advanced courses....
Course3

Bonds & Stocks

4.8
5 ratings
1 reviews
This course is an introduction to bonds and stocks and how they are valued using the principles of time value of money (TVM) covered in the two preceding courses in this specialization. You’ll learn how money is raised by business to support or expand their operations. Since individuals and households typically lend money to governments and businesses, this course will help you make personal financial decision-making. This course is part of a specialization titled “Foundational Finance for Strategic Decision Making” and is helpful if you are interested in applying to an MBA degree program or learning the foundations of finance to be more effective in your career. The pedagogy of the course is applied and problem-based with assignments covering every part of the course that each contain multiple problems that, by design, are introductory and simpler than the more real-world applications you will confront in the real world and more advanced courses. The assignments are all designed by the faculty lead and machine graded....
Course4

Risk, Return & Valuation

This course is an introduction to the notion of risk, its relation to return, and the valuation of projects and companies. This is a capstone course to help you value projects and companies by applying your understanding of time value of money (TVM) and cash flows developed in the first three courses of this specialization. This course is part of a specialization titled “Foundational Finance for Strategic Decision Making” and is helpful if you are interested in applying to an MBA degree program or learning the foundations of finance to be more effective in your career. The pedagogy of the course is applied and problem-based with assignments covering every part of the course that each contain multiple problems that, by design, are introductory and simpler than the more real-world applications you will confront in the real world and more advanced courses. The assignments are all designed by the faculty lead and machine graded....

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....

Frequently Asked Questions

  • Yes! To get started, click the course card that interests you and enroll. You can enroll and complete the course to earn a shareable certificate, or you can audit it to view the course materials for free. When you subscribe to a course that is part of a Specialization, you’re automatically subscribed to the full Specialization. Visit your learner dashboard to track your progress.

  • This course is completely online, so there’s no need to show up to a classroom in person. You can access your lectures, readings and assignments anytime and anywhere via the web or your mobile device.

  • Approximately 16 - 20 weeks based on 3-5 hours of work per week

  • Exposure to algebra and a comfort level with numbers

  • If you do not have an exposure to finance, you will get the most out of the specialization if you take them in the order they are presented

  • You will qualify for verified certificates for each course, and the specialization, if you meet the requirements but, at this time, you will not receive university credit.

  • You will be able to value projects and companies, a key step to making smart decisions.

More questions? Visit the Learner Help Center.