## Finance 101 Financial Skills for the Real World

### What you’ll learn

Understand the time value of money

Learn about the components that form interest rates

Make the distinction between fixed and variable interest rates

Understand how to negotiate with banks when applying for a loan

Compare present and future cash flows

Assess whether a project is feasible from a financial perspective through the Net Present Value technique

Learn about annuities

Calculate a complete loan schedule with fixed payments

Know how to convert Foreign exchange currencies

See the core principle behind modern Equity Portfolio Management theory

Be able to make your own financial decisions based on sufficient financial literacy

### Requirements

No experience or Finance knowledge is required – everything is shown in the course

### Description

Welcome to our Finance 101 course!Most people don’t realize how basic finance calculations play a major role in their life:- the ability to compare two investments- the understanding of how the timing of cash flows impacts rates of return- the preparation necessary to negotiate an advantageous mortgage or loan rateAt the end of the day all of these decisions shape the amount of money you will find in your bank account. And because money accumulates over time, potential inefficiencies have an even higher weight in the future.On the other hand, educated financial decision making goes a long way and could easily play a major role determining your net worth in the years to come.In this course, we will start from the very basics. The lessons are suitable for those of you who have not studied finance in university or during an MBA course.We’ll cover the following fundamental topics:cash flow calculationsthe time value of moneythe components forming interest rateshow to compare between investmentswhat is an annuityhow interest compounds over multiple periodswhat is the difference between monthly and annual interest ratehow to calculate IRR, NPV, and many moreThe course contains plenty of useful resources such as course notes, quiz questions, practical exercises, and a vibrant Q&A section where you can contact the course tutor and ask questions.Sign up for the course today and make sure you are in control of your financial future!

### Overview

Section 1: Finance 101 – Introduction – Finance 101

Lecture 1 What does the course cover?

Section 2: Understanding the time value of money – Finance 101

Lecture 2 Key concepts in time value of money

Lecture 3 How to use a timeline to depict time value of money problems

Lecture 4 How to interpret interest rates

Lecture 5 Interest rates as the sum of several components

Lecture 6 Calculate and interpret the effective annual rate

Section 3: The effects of compounding-Finance 101

Lecture 7 The relationship between PV and FV

Lecture 8 Solving different time value of money problems

Lecture 9 The importance of compounding frequencies

Section 4: Present and Future Value of Cash Flows – Finance 101

Lecture 10 Ordinary annuity

Lecture 11 Annuity due

Lecture 12 Perpetuity

Lecture 13 FV and PV of unequal cash flows

Section 5: Modeling and solving time value of money problems – Finance 101

Lecture 14 Calculate the monthly payment of a mortgage loan

Lecture 15 Let’s calculate the number of years it takes to reach a certain financial goal

Lecture 16 What’s the rate of return of my investment?

Lecture 17 The cash flow additivity principle

Section 6: Quiz 1

Lecture 18 Quiz 1

Lecture 19 Quiz 1 (Answers with explanations)

Section 7: Net present value and Internal rate of return – Finance 101

Lecture 20 How to interpret the net present value (NPV)

Lecture 21 Calculate the NPV

Lecture 22 Calculate the internal rate of return (IRR) of an investment

Lecture 23 Contrast the NPV to the IRR

Section 8: Portfolio return measurement-Finance 101

Lecture 24 The holding period return

Lecture 25 The money-weighted rate of return

Lecture 26 The time-weighted rate of return

Section 9: Short-term debt markets-Finance 101

Lecture 27 Evaluate the performance of money market instruments

Lecture 28 Alternatives to the bank discount yield

Lecture 29 Convert among yield measures

Section 10: Quiz 2

Lecture 30 Quiz 2

Lecture 31 Quiz 2 (Answers with explanations)

Section 11: Course notes

Lecture 32 Course notes

Lecture 33 Formula sheet

Section 12: Bonus: How to Use a Financial Calculator

Lecture 34 Introduction

Lecture 35 Setting Up the Financial Calculator

Lecture 36 Basic Calculations

Lecture 37 Time Value of Money

Lecture 38 Cash Flow Analysis

Lecture 39 Statistics

Lecture 40 Depreciation and Breakeven

Anyone who wants to learn how to manage their own money,Anyone from any country,People who want to improve their financial literacy

#### Course Information:

Udemy | English | 3h 23m | 1.63 GB

Created by: 365 Careers

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