In this course, you will understand the fundamental principle that money available now is worth more than the same amount in the future due to its potential earning capacity. Additionally, you will master the concepts of Net Present Value (NPV) and breakeven analysis, which allow different cash flows at different periods of time to be compared and summed to determine whether a project is expected to create value. You will apply these concepts by conducting investment evaluations and completing practical assessments on financial projections.
This course is ideal for non-financial managers or professionals who seek to enhance their financial acumen to make better business decisions. No prior experience in finance is required. However, a basic understanding of business operations and strategic thinking will be beneficial.
Overview
Syllabus
- Course Overview
- In this module, you will receive a course overview, learn about your instructor's background, and have an opportunity to introduce yourself and meet your peers.
- Time Value of Money
- In this module, you will understand the fundamental principle that money available now is worth more than the same amount in the future due to its potential earning capacity.
- Net Present Value (NPV) and Breakeven
- In this module, you will learn how to use the concepts of Net Present Value (NPV) and breakeven analysis to evaluate investment opportunities. NPV allows you to compare and sum different cash flows at various periods to determine if a project is expected to create value. Breakeven analysis identifies the point at which a project reaches cash flow zero.
Taught by
Joseph Perfetti