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.
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About this Course
Some exposure to algebra and problem-solving
Could your company benefit from training employees on in-demand skills?
Try Coursera for BusinessWhat you will learn
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
Skills you will gain
- Financial Analysis
- Financial Forecast
- Developing Financial Models
Some exposure to algebra and problem-solving
Could your company benefit from training employees on in-demand skills?
Try Coursera for BusinessOffered by
Syllabus - What you will learn from this course
Week 1: Time Value of Money - Simple Concepts & Applications
Week 2: Time Value of Money - Simple Concepts & Applications (cont.)
Week 3: Time Value of Money - Annuities
Week 4: Time Value of Money - Complex Applications
Reviews
- 5 stars84.79%
- 4 stars13.18%
- 3 stars1.78%
- 1 star0.23%
TOP REVIEWS FROM INTRODUCTION TO TIME VALUE OF MONEY (TVM)
Great course!! This has already come in handy in calculating expected mortgage payments for different interest rates and determining how much I need for retirement.
This course is great for finance and even engineering students. Basic concepts of time value of money are well explained. Thanks to the instructor!
IT WAS LITERALLY AMAZING AND HELPING! THE TEACHER IS EXTREMELY POSITIVE AND STIMULATING! NOW I UNDERSTAND THIS TOPIC FULLY WITHOUT ANY HARDSHIP!THANKS A TON SIR!
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.
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