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University of Michigan
Stocks and Bonds
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University of Michigan

Stocks and Bonds

This course is part of Foundational Finance for Strategic Decision Making Specialization

Gautam Kaul

Instructor: Gautam Kaul

40,219 already enrolled

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4 modules
Gain insight into a topic and learn the fundamentals.
4.6

(411 reviews)

Beginner level

Recommended experience

Recommended experience

Beginner level

Some algebra and an introductory understanding of time value of money (TVM)

9 hours to complete
Flexible schedule
Learn at your own pace

4 modules
Gain insight into a topic and learn the fundamentals.
4.6

(411 reviews)

Beginner level

Recommended experience

Recommended experience

Beginner level

Some algebra and an introductory understanding of time value of money (TVM)

9 hours to complete
Flexible schedule
Learn at your own pace
  • About
  • Outcomes
  • Modules
  • Recommendations
  • Testimonials
  • Reviews

What you'll learn

  • Pricing and trading of bonds

  • Pricing and trading of stocks

  • How companies are financed and why

Skills you'll gain

  • Market Dynamics
  • Capital Markets
  • Corporate Finance
  • Equities
  • Finance
  • Market Data
  • Financial Analysis
  • Investments
  • Financial Market
  • Securities (Finance)
  • Cash Flows

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

4 assignments

Taught in English

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Build your subject-matter expertise

This course is part of the Foundational Finance for Strategic Decision Making Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate

There are 4 modules in this course

In this course, we will apply the central concept and applications of Time Value of Money (TVM) to explore the structure and pricing of stocks and bonds at an introductory level. In this course, you will learn about bonds, different types of bonds (Zero Coupon bonds, Government bonds). You will learn about bond pricing calculations and see their direct connection to market data on bonds. You will also learn about stocks, and their pricing and valuation. You will learn about growth and dividend stocks and how to use market data.

After completing this course, you will have an understanding of the two fundamental and pervasive ways in which savers transfer money to governments and corporations. You will be able to apply all this knowledge to personal investing decisions and, importantly, these same tools and frameworks are applicable to corporate decisions. This course is part of the four-course Foundational Finance for Strategic Decision Making Specialization.

This course is focused on understanding the two most commonly used vehicles/instruments by corporations for raising money. This week we will introduce you to the basic language and mechanics of bond pricing. Though introductory, we attempt to cover a fair amount of content and with real world applications.

What's included

5 videos5 readings

5 videos•Total 52 minutes
  • About This Specialization•0 minutes
  • 1.1 Bonds •6 minutes
  • 1.2 Zero-Coupon Government Bonds•20 minutes
  • 1.3 Government Coupon Bonds•15 minutes
  • 1.4 Bond Pricing: Calculations•10 minutes
5 readings•Total 93 minutes
  • Specialization - Syllabus•45 minutes
  • Course 3-Syllabus•5 minutes
  • Note-Formula•3 minutes
  • Note-Spreadsheets•30 minutes
  • Pre-Course Survey •10 minutes

After understanding both the terminology of bonds and their pricing, we will spend this week both looking at real data to see the close connection between the concepts and reality and submitting the first graded assignment. One of the major takeaways of this week's efforts will be the similarity between how borrowing works for individuals and corporations.

What's included

1 video1 reading2 assignments

1 video•Total 10 minutes
  • 2.1 Bonds: Market Data•10 minutes
1 reading•Total 30 minutes
  • Note-Spreadsheets•30 minutes
2 assignments•Total 120 minutes
  • Assignment 1•60 minutes
  • Practice Assignment 1•60 minutes

During this week, we will provide you an exposure to the characteristics and the valuation of stocks, again with an eye toward real world applications. You will see how understanding stocks is key to learning how companies work and how pricing them is more art than detailed calculations.

What's included

4 videos1 reading

4 videos•Total 75 minutes
  • 3.1 What is a Stock?•13 minutes
  • 3.2 Stock Pricing/Valuation•21 minutes
  • 3.3 Dividend & Growth Stocks•22 minutes
  • 3.4 The Engine of Growth•17 minutes
1 reading•Total 30 minutes
  • Note-Formulae•30 minutes

We will wrap up this course by understanding the relationship between basics of stock pricing and real stock markets. The idea here is to make you realize how foundational principles of finance are so applicable to the real world and even a basic knowledge of key principles help you understand how the world works. You will also test your knowledge by submitting the second assignment for the course.

What's included

1 video3 readings2 assignments

1 video•Total 7 minutes
  • 4.1 Stocks: Market Data•7 minutes
3 readings•Total 50 minutes
  • Note-Formulae•30 minutes
  • Post-Course Survey•10 minutes
  • Keep Learning with Michigan Online!•10 minutes
2 assignments•Total 120 minutes
  • Assignment 2•60 minutes
  • Practice Assignment 2•60 minutes

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Instructor

Instructor ratings

Instructor ratings

We asked all learners to give feedback on our instructors based on the quality of their teaching style.

4.8 (59 ratings)
Gautam Kaul
Gautam Kaul
University of Michigan
24 Courses•127,715 learners

Offered by

University of Michigan

Offered by

University of Michigan

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.

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Learner reviews

4.6

411 reviews

  • 5 stars

    74.75%

  • 4 stars

    17.47%

  • 3 stars

    4.36%

  • 2 stars

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  • 1 star

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Showing 3 of 411

N
NP
4

Reviewed on Oct 23, 2019

Good professor, good course. Please give more notes (PDF) that includes at least formulas from each week. If possible, formulas and further detail and info.

S
SS
4

Reviewed on Jun 28, 2020

Good Course, I love to listen Dr. Gautam. Courses should cover more aspects

R
RK
4

Reviewed on Mar 4, 2020

Gives practical knowledge about the bond and stocks.

View more reviews
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