About this Specialization
100% online courses

100% online courses

Start instantly and learn at your own schedule.
Flexible Schedule

Flexible Schedule

Set and maintain flexible deadlines.
Intermediate Level

Intermediate Level

Available languages

English

Subtitles: English, Korean...
100% online courses

100% online courses

Start instantly and learn at your own schedule.
Flexible Schedule

Flexible Schedule

Set and maintain flexible deadlines.
Intermediate Level

Intermediate Level

Available languages

English

Subtitles: English, Korean...

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

Principles of Valuation: Time Value of Money

4.8
727 ratings
167 reviews
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....
Course2

Principles of Valuation: Risk and Return

4.7
300 ratings
48 reviews
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....
Course3

Valuation: Alternative Methods

4.7
163 ratings
24 reviews
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....
Course4

Valuing Companies

4.8
149 ratings
22 reviews
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. 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....

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.

  • This Specialization doesn't carry university credit, but some universities may choose to accept Specialization Certificates for credit. Check with your institution to learn more.

  • Time to completion can vary based on your schedule, but most learners are able to complete the Specialization in about 10 months.

  • Each course in the Specialization will be offered monthly starting in July 2016.

  • Although all concepts and applications will be covered starting with fundamentals, some background in business and finance is recommended.

  • We recommend taking the courses in the order presented, as each subsequent course will build on material from previous courses.

  • You will be able to apply the principles of valuation to any type of project or business.

More questions? Visit the Learner Help Center.