Course - Introduction to Corporate Finance
Just finished the last course in the Business Foundations specialization from Wharton Business School. The course was called Introduction to Corporate Finance, and was mainly about how to deal with and compare cashflows.
The course builds on accounting principles and terms, and it will be difficult to jump right into it with having these prerequisites. It covers the following topics:
time value of money, risk-return tradeoff, cost of capital, interest rates, retirement savings, mortgage financing, auto leasing, capital budgeting, asset valuation, discounted cash flow (DCF) analysis, net present value, internal rate of return, hurdle rate and payback period.
I did also learn about the What-if functionality in Excel, which is pretty cool. Especially "data tables" is something I will be able to use every now and then,
Did I like it? Yes and no. I found it interesting to learn about the mechanics of valuation techniques, and it will definitely be useful to have seen this. If this is in the daily life of the CFO and his friends, then I'm just even happier not to be working there.
The professor was super cool, exercises hard enough to be challenging, so all in all a good course.
Look at the course for yourself here (it's free if you don't need a course certificate):