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.
Introduction to Time Value of Money (TVM)
Introduction to Time Value of Money (TVM)
This course is part of Foundational Finance for Strategic Decision Making Specialization
Instructor: Gautam Kaul
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4.8
(904 reviews)
Beginner level
Recommended experience
Flexible schedule
Approx. 12 hours
Learn at your own pace
96%
Most learners liked this course
What you'll 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'll gain
Details to know
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Assessments
4 assignments
Taught in English
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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.
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There are 4 modules in this course
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.
What's included
6 videos4 readings
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.
What's included
2 videos1 reading2 assignments
During this week, we will progress to more complex concepts and applications of finance.
What's included
5 videos1 reading
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.
What's included
4 videos2 readings2 assignments
Instructor
Instructor ratings
4.9 (188 ratings)Offered by
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Frequently asked questions
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
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