About the content
Want to learn how to think clearly about important financial decisions and improve your financial literacy? Finance for Everyone will showcase the beauty and power of finance. This introductory finance course will be a gateway into the world of finance and will examine multiple applications to apply to your everyday life. Join us to better understand how to apply frameworks and tools to make smart financial choices.
You will be able to value the impact of different choices available to you: from renting or buying, evaluating car, home and student loans, or deciding whether to go to college versus pursuing a new idea to simply understanding how the financial world works.
Starting with time value of money, the course will help you develop a full appreciation for the many applications of finance. Using real world examples, the course will enable you to understand and analyze many personal and professional decisions we confront on a daily basis. You will understand stocks and bonds, learn to allocate scarce resources in a value-add way, and adopt smart tools for making every day decisions.
Finance is simultaneously a way of thinking and a set of tools. Finance is everywhere. There are no prerequisites for this course except for a sense of curiosity and a positive attitude. However, a comfort level with algebra and numbers and an understanding of accounting (the language of business) will clearly help. We will, however, try to cover everything starting with fundamentals and highlight when there is a need to do some further work in specific subjects.
- secondary school (high-school) algebra
- basic mathematics concepts
- Why finance is everywhere and how it affects all of us
- An understanding of the financial world, and an appreciation for the beauty and power of finance
- Gain the fundamental knowledge, skills, and tools of finance and the ability to apply them everywhere, in personal and professional situations
- Different frameworks for decision-making
- Acquire skills in using different decision-making tools, and learn to make sound personal and professional financial decisions
- The concept of Time Value of Money (TVM) and apply related tools and frameworks to everyday decisions
Professor of Finance, Ross School of Business
University of Michigan
The University of Michigan is an American university located in Ann Arbor, Michigan. It also has two regional campuses in the same state, in Dearborn and Flint.
Founded in 1817, it was Michigan's first university, established even before the State of Michigan joined the Union. Also known as UMich or UM, it is renowned as one of the best public universities in the United States.
Harvard University, the Massachusetts Institute of Technology, and the University of California, Berkeley, are just some of the schools that you have at your fingertips with EdX. Through massive open online courses (MOOCs) from the world's best universities, you can develop your knowledge in literature, math, history, food and nutrition, and more. These online classes are taught by highly-regarded experts in the field. If you take a class on computer science through Harvard, you may be taught by David J. Malan, a senior lecturer on computer science at Harvard University for the School of Engineering and Applied Sciences. But there's not just one professor - you have access to the entire teaching staff, allowing you to receive feedback on assignments straight from the experts. Pursue a Verified Certificate to document your achievements and use your coursework for job and school applications, promotions, and more. EdX also works with top universities to conduct research, allowing them to learn more about learning. Using their findings, edX is able to provide students with the best and most effective courses, constantly enhancing the student experience.