This course discusses costs and business practices to establish the cost of a product. The concept of time value of money (TVM) is developed to determine the present and future values of a series of cash flows. TVM principles are then applied to personal finances and retirement planning. This is a practical course that uses spreadsheets to better prepare learners in engineering and science for a career in industry.
Product Cost and Investment Cash Flow Analysis
Product Cost and Investment Cash Flow Analysis
This course is part of Finance for Technical Managers Specialization
Instructor: Michael J. Readey, Ph.D.
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4.5
(70 reviews)
Beginner level
Recommended experience
Flexible schedule
Approx. 20 hours
Learn at your own pace
Build toward a degree
What you'll learn
Understand the basics of financial management in an organization
Distinguish between job and activity-based costing and develop a product cost model
Learn the concept of time value of money (TVM) and apply it using spreadsheet analysis
Apply TVM principles to your personal finances and retirement planning
Skills you'll gain
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Assessments
18 quizzes
Taught in English
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This course is part of the Finance for Technical Managers Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 5 modules in this course
Overview of the course and introduction to key financial principles.
What's included
8 videos2 readings3 quizzes1 discussion prompt
Introduces types of costs and the break-even analysis; describes approaches to cost modeling and important cost estimation techniques.
What's included
9 videos1 reading4 quizzes
Introduces types of inventory and how product cost is determined using the Job Cost and Activity-Based Cost methods.
What's included
6 videos3 quizzes
Introduces the concept of time value of money (TVM) as it applies to investment decisions; develops and demonstrates the expressions for the future value of an investment based on initial investments, compounding interest rates, and periods of time; uses analytical and spreadsheet models to solve for a variety of investment situations.
What's included
7 videos5 quizzes
Applies the principles of finance and time value of money (TVM) to one’s personal finances. Investments such as stocks, bonds, and funds are introduced, along with the concept of price volatility and its relationship to risk. Asset allocation theory is described in the context of creating an investment portfolio. These principles are then put into practice through constructing a personal retirement plan spreadsheet and retirement plan portfolio.
What's included
10 videos3 readings3 quizzes1 programming assignment1 peer review
Instructor
Instructor ratings
4.7 (21 ratings)Offered by
Recommended if you're interested in Leadership and Management
The University of Melbourne
Fundação Instituto de Administração
University of Colorado Boulder
EDHEC Business School
Build toward a degree
This course is part of the following degree program(s) offered by University of Colorado Boulder. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
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4.5
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Showing 3 of 70
TJ
5
Reviewed on Sep 30, 2022
very well put together coarse. A few of the test / quiz questions needed a little more for front thought on them.
CC
5
Reviewed on May 10, 2024
Excellent course, all the concepts are very well explained, and the course material is great.
RR
5
Reviewed on May 8, 2023
Excellent course. The instructor is fantastic and content really well delivered.
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