Introduction to Financial Concepts in Python

Overview

Using Python and NumPy, learn the most fundamental financial concepts.

Understanding the basic principles of finance is essential for making important financial decisions ranging from taking out a student loan to constructing an investment portfolio. Combining basic financial knowledge with Python will allow you to construct some very powerful tools. You'll come out of this course understanding the time value of money, how to compare potential projects and how to make rational, data-driven financial decisions.

Syllabus

The Time Value of Money

Learn about fundamental financial concepts like the time value of money, growth and rate of return, discount factors, depreciation, and inflation.

Making Data-Driven Financial Decisions

In this chapter, you will act as the CEO of a company, making important data-driven financial decisions about projects and financing using measures such as IRR and NPV.

Simulating a Mortgage Loan

You just got married, and you're looking for a new home in Hoboken, New Jersey. You will build a mortgage payment simulator to estimate your mortgage payments and analyze different possible economic scenarios.

Budgeting Application

You just got a new job as a data scientist in San Francisco, and you're looking for an apartment. In this chapter, you'll be building your own budgeting application to plan out your financial future.