The strength of finance is that it takes a structured approach to decision making, with one key building block underlying all decisions — understanding the value of time, or the Time Value of Money (TVM). In this course, we will develop this building block using introductory, and simple, applications. We will learn about the Time Value of Money (TVM), Simple Future Value (FV) , Simple Present Value (PV) , Future Value of Annuity, Loans, compounding, and Valuing Perpetuities. We will introduce the framework in a carefully structured and replicable way to prepare you to explore more advanced applications in the rest of the specialization. In the follow-on courses, we will expand the applications to more complex real-world decisions.
提供方
課程信息
Some exposure to algebra and problem-solving
您將學到的內容有
To be able to understand and apply one of the two main building blocks of finance - Time Value of Money (TVM)
To evaluate alternatives
To make decisions
您將獲得的技能
- Financial Analysis
- Financial Forecast
- Developing Financial Models
Some exposure to algebra and problem-solving
提供方

密歇根大学
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.
授課大綱 - 您將從這門課程中學到什麼
Week 1: Time Value of Money - Simple Concepts & Applications
This week, we introduce the framework of time value of money (TVM) in a carefully structured way, with a focus on Future Value using relatively simple applications. As mentioned in the Syllabus, all concepts are introduced using examples and you are strongly encouraged to pause the videos and do every problem.
Week 2: Time Value of Money - Simple Concepts & Applications (cont.)
During this second week, we build on Week 1 and move to the much more often used concept of Present Value. We again use simple examples, focusing on situations we confront on a daily basis. All concepts are introduced using examples that you need to do yourself to stay on top of the concepts. The second week also provides you an opportunity to test your knowledge up to this point with a required submission of the first graded assignment.
Week 3: Time Value of Money - Annuities
During this week, we will progress to more complex concepts and applications of finance.
Week 4: Time Value of Money - Complex Applications
This week ends the course with relatively complex applications of finance. We spend a lot of time on understanding how borrowing and lending really works. You will also get an opportunity to test your understanding of the basic principles of time value of money by submitting the second assignment for the course. You will also learn how top use Excel and show your competence in doing so.
審閱
- 5 stars84.41%
- 4 stars13.46%
- 3 stars1.87%
- 1 star0.24%
來自INTRODUCTION TO TIME VALUE OF MONEY (TVM)的熱門評論
Real good initiative from Prof. Kaul to clarify all possible doubts regarding the plinth of Finance, i.e., Time Value of Money. I consider myself to be fortunate.
A course fundamental to finance taught passionately and intuitively. Highly recommended for all students and practitioners who want to get their fundas right!
I felt so connected with the professor that I forgot that this was online. This course provides a perfect balance of foundational concepts and challenges. THANK YOU GAUTAM KAUL
Very well taught class. I feel I have much more knowledge on finance than before I started. I am eager to complete the specialisation after taking this course. Thank you so much.
常見問題
我什么时候能够访问课程视频和作业?
我订阅此专项课程后会得到什么?
有助学金吗?
還有其他問題嗎?請訪問 學生幫助中心。