Introduction to Finance: Valuation and Investing Specialization

Starts Oct 09

Introduction to Finance: Valuation and Investing Specialization

Make Strategic Financial Decisions

Learn the essentials of finance in four courses.

About This Specialization

Evaluate risk and reward, assess alternatives, and determine the value of a project or company. This Specialization provides a rigorous introduction to core topics in financial valuation, including time value of money, cash flow analysis, asset pricing, risk and return and alternative valuation methods. In the Capstone Project contained in the final course, you’ll apply your skills to research, analyze, and value a real-world enterprise.

Created by:

courses
4 courses

Follow the suggested order or choose your own.

projects
Projects

Designed to help you practice and apply the skills you learn.

certificates
Certificates

Highlight your new skills on your resume or LinkedIn.

Projects Overview

Courses
Intermediate Specialization.
Some related experience required.
  1. COURSE 1

    Principles of Valuation: Time Value of Money

    Upcoming session: Oct 9 — Nov 27.
    Commitment
    It will take between 5-10 hours a week for about six weeks to master the content.
    Subtitles
    English

    About the Course

    We will introduce the time value of money (TVM) framework in a carefully structured way, using relatively simple applications at first and quickly moving to more advance ones. We will then spend some time on developing an understanding of alternative decision criteria (NPV, IRR, Profitability, etc.) that are commonly used in the real world. We will wrap up the course with an exposure to the determination of cash flows using accounting principles. The main focus in this building block will be on individual/personal decisions because of two reasons: (a) we learn when we see value to us as individuals and (b) the beauty of finance is that the building blocks of finance are applicable to any decision, personal or corporate. The course will last six weeks with time included for assimilation and two final exams. You can do this course standalone or as part of the online Specialization on Valuation & Investing or to qualify for the residential component of the Finance for Strategic Decision-Making Executive Education program. For more information on the Finance for Strategic Decision-Making Executive Education program, see the FAQ below.
  2. COURSE 2

    Principles of Valuation: Risk and Return

    Upcoming session: Oct 9 — Nov 27.
    Commitment
    It will take between 5-10 hours a week for about six weeks to master the content.
    Subtitles
    English

    About the Course

    This second course in the specialization will last six weeks and will focus on the second main building block of financial analysis and valuation: risk. The notion of risk and statistics are intimately related and we will spend a fair amount of time on the development of some statistical concepts and tools, namely distribution theory and regression analysis. This time will be well spent because these concepts and tools are also commonly used in many applications in the real world. The foundational idea of diversification will then be used to develop a framework for evaluating risk and establishing a relationship between risk and return. Apart from developing a keen appreciation of risk for making thoughtful decisions in an institutional context, this course will contain a lot of material and examples that will enable the learner to make smart personal investing decisions. The course will again have time included for assimilation and two final exams. This course is the second in a sequence of four courses that comprise a Specialization on Valuation & Investing.
  3. COURSE 3

    Valuation: Alternative Methods

    Current session: Sep 18 — Nov 6.
    Commitment
    It will take between 5-10 hours a week for about six weeks to master the content.
    Subtitles
    English

    About the Course

    This course is a rigorous introduction to alternative methods of valuation and will enable the learner to conduct analysis of most projects and companies. This course will also serve useful to anyone interested in, or required to, critically evaluating project and company analyses conducted by experts. It is the third course in a sequence of four courses that is part of a Specialization in Valuation and Investing and an important learning experience to help you learn important real world applications and a capstone project that comprise the fourth and final course of the specialization.
  4. COURSE 4

    Valuing Companies

    Upcoming session: Oct 2 — Nov 20.
    Commitment
    It will take between 5-10 hours a week for about six weeks to master the content.
    Subtitles
    English

    About the Course

    This course is a theoretically sound and practical exposure to valuation. As the final course of the Specialization, it will be useful to anyone in executing or critically evaluating company analyses conducted by experts. This course has been redesigned to make it a capstone experience. We have put together everything you have learned in the first three courses, modified frameworks and first applied them to carefully crafted real world situations (or mini-cases) and then presented you with a capstone project to value one of the most well-known companies of the past three decades. This Capstone Project will make you appreciate how finance is both a science and an art form.

Creators

  • University of Michigan

    Michigan’s academic vigor offers excellence across disciplines and around the globe. The University is recognized as a leader in higher education due to the outstanding quality of its 19 schools and colleges, internationally recognized faculty, and departments with 250 degree programs.

    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.

  • Gautam Kaul

    Gautam Kaul

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

FAQs

More questions? Visit the Learner Help Center.