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.
Dieser Kurs ist Teil der Spezialisierung Spezialisierung Foundational Finance for Strategic Decision Making
Decision Criteria & Applications
von
Über diesen Kurs
4,600 kürzliche Aufrufe
Was Sie lernen werden
Enable you to use modern decision criteria
Evaluating different projects
Choosing the best alternatives you are confronted with based on financial thinking and analysis
Kompetenzen, die Sie erwerben
Calculating the Internal Rate of Return of a ProjectCalculating Net Present Value of a Project
Kursteilnehmer, die sich für Course entscheiden, sind
- Entrepreneurs
- Lawyers
- Administrators
- Business Analysts
- Project Managers
Lehrplan - Was Sie in diesem Kurs lernen werden
Woche
13 Stunden zum Abschließen
week 1: Decision Criteria
During this week, we develop a basic understanding of alternative decision criteria - Net Present Value (NPV), Internal Rate of Return (IRR), Profitability, etc. - that are commonly used in the real world, with a focus on a critical evaluation of their strengths and weaknesses.
6 Videos (Gesamt 79 min), 3 Lektüren
6 Videos
1.1 Decision Criteria: NPV20m
1.2 NPV: Intuition & Beauty18m
1.3 NPV: Properties & Formula9m
1.4 Decision Criteria: Payback15m
1.5 Decision Criteria: IRR13m
3 Lektüren
Specialization Syllabus45m
Course 2-Syllabus30m
Note-Formulae30m
Woche
26 Stunden zum Abschließen
Week 2: Decision Making - A Deeper Look
Having looked at multiple decision criteria last week, we will focus this week on a more deeper and critical analysis of the most widely used Criteria. Again, we will use examples to evaluate all issues. This week will also include the first graded assignment.
5 Videos (Gesamt 71 min), 1 Lektüre, 2 Quiz
5 Videos
2.2 IRR: A Practical Issue11m
2.3 IRR: Bias I20m
2.4 IRR: Bias II13m
2.5 IRR: Properties8m
1 Lektüre
Note-Spreadsheets30m
2 praktische Übungen
Practice Assignment 12h
Assignment 12h
Woche
32 Stunden zum Abschließen
week 3: Cash Flows
This week we will introduce the basics of cash flows, one of two critical inputs to any value-creating decision. Some exposure to Accounting will be helpful and Ross School of Business also offers a MOOC on the basics of Accounting.
3 Videos (Gesamt 47 min), 1 Lektüre
1 Lektüre
Note-Sample Cash Flow Template1h
Woche
47 Stunden zum Abschließen
week 4: Applications of Cash Flows
This week is all practice of cash flows. You are encouraged to use a detailed Cash Flow Template to create one for yourself. This will require putting together a bunch of information in a Spreadsheet and learn how to do some financial modeling. You will then have to submit the second and last graded assignment for this course that will help you evaluate your skills.
2 Lektüren, 2 Quiz
2 Lektüren
Note-Sample Cash Flow Template1h 30m
Note-Spreadsheets1h
2 praktische Übungen
Practice Assignment 22h
Assignment 22h
Top-Bewertungen von Decision Criteria & Applications
An excellent course for decision making criteria and an intuitive as well as practical course for such concepts as IRR bench marking, cost of capital etc.
The discussion and examples regarding NPV and IRR was very clear. It was also a good overview of project and business cash flows.
Dozent
Gautam Kaul
Professor of Finance & Fred M. Taylor Professor of Business AdministrationRoss School of Business
Über 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.
Über den Spezialisierung Foundational Finance for Strategic Decision Making
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.
Häufig gestellte Fragen
Wann erhalte ich Zugang zu den Vorträgen und Aufgaben?
Sobald Sie sich für ein Zertifikat angemeldet haben, haben Sie Zugriff auf alle Videos, Quizspiele und Programmieraufgaben (falls zutreffend). Aufgaben, die von anderen Kursteilnehmern bewertet werden, können erst dann eingereicht und überprüft werden, wenn Ihr Unterricht begonnen hat. Wenn Sie sich den Kurs anschauen möchten, ohne ihn zu kaufen, können Sie womöglich auf bestimmte Aufgaben nicht zugreifen.
Was bekomme ich, wenn ich diese Spezialisierung abonniere?
Wenn Sie sich für den Kurs anmelden, erhalten Sie Zugriff auf alle Kurse der Spezialisierung und Sie erhalten nach Abschluss aller Arbeiten ein Zertifikat. Ihr elektronisches Zertifikat wird zu Ihrer Seite „Errungenschaften“ hinzugefügt – von dort können Sie Ihr Zertifikat ausdrucken oder es zu Ihrem LinkedIn Profil hinzufügen. Wenn Sie nur lesen und den Inhalt des Kurses anzeigen möchten, können Sie kostenlos als Gast an dem Kurs teilnehmen.
Wie erfolgen Rückerstattungen?
Ist finanzielle Unterstützung möglich?
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