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Finance 101: Financial Skills for the Real World (Udemy.com)

Understand and Learn How to Apply the Core Principles of Finance in a Couple of Hours

Created by: 365 Careers

Last updated December 2023

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What you will learn

  • Understand the time value of money
  • Learn about the components that form interest rates
  • Make the distinction between fixed and variable interest rates
  • Understand how to negotiate with banks when applying for a loan
  • Compare present and future cash flows
  • Assess whether a project is feasible from a financial perspective through the Net Present Value technique
  • Learn about annuities
  • Calculate a complete loan schedule with fixed payments
  • Know how to convert Foreign exchange currencies
  • See the core principle behind modern Equity Portfolio Management theory
  • Be able to make your own financial decisions based on sufficient financial literacy

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Course Description

Welcome to our Finance 101 course!

Most people don't realize how basic finance calculations play a major role in their life:

  • the ability to compare two investments

  • the understanding of how the timing of cash flows impacts rates of return

  • the preparation necessary to negotiate an advantageous mortgage or loan rate

At the end of the day, all of these decisions shape the amount of money you will find in your bank account. And because money accumulates over time, potential inefficiencies can have a greater impact in the future.

On the other hand, educated financial decision making goes a long way and could easily play a major role determining your net worth in the years to come.

In this course, we will start from the very basics. The lessons are suitable for those of you who have not studied finance in university or during an MBA course.

We'll cover the following fundamental topics:

  • calculating cash flows

  • recognizing the time value of money

  • building blocks of interest rates

  • comparing different investments

  • understanding annuities

  • compounding interest

  • understanding what is the difference between monthly and annual interest rate

  • calculating IRR, NPV, and many more

The course contains plenty of useful resources such as course notes, quiz questions, practical exercises, and a vibrant Q&A section where you can contact the course tutor and ask questions.

Sign up for the course today and make sure you are in control of your financial future!

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Instructor Details

365 Careers

365 Careers is the #1 best-selling provider of business, finance, data science and AI courses on Udemy. The company’s courses have been taken by more than 4,000,000 students in 210 countries. People working at world-class firms like Apple, PayPal, and Citibank have completed 365 Careers trainings.    

Currently, 365 focuses on the following topics on Udemy:    1) Finance – Finance fundamentals, Financial modeling in Excel, Valuation, Accounting, Capital budgeting, Financial statement analysis (FSA), Investment banking (IB), Leveraged buyout (LBO), Financial planning and analysis (FP&A), Corporate budgeting, applying Python for Finance, Tesla valuation case study, CFA, ACCA, and CPA

2) Data science – Statistics, Mathematics, Probability, SQL, Python programming, Python for Finance, Business Intelligence, R, Machine Learning, TensorFlow, Tableau, the integration of SQL and Tableau, the integration of SQL, Python, Tableau, Power BI, Credit Risk Modeling, and Credit Analytics, Data literacy, Product Management, Pandas, Numpy, Python Programming, Data Strategy

3) Entrepreneurship – Business Strategy, Management and HR Management, Marketing, Decision Making, Negotiation, and Persuasion, Tesla's Strategy and Marketing

4) Office productivity – Microsoft Excel, PowerPoint, Microsoft Word, and Microsoft Outlook

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Reviews

4.6

1,505 ratings on Udemy

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By SAI SRAVANI WALAJAPET BHAKTHAVATHSALAM on 5/5/2024

Nice content for the students who want to pursue their career in the financial sector, and also the method of teaching is very clear and understandable using beautiful illustrations to enhance the zeal in the students to learn more.

By Adeyi Bathlomew on 7/19/2022

the experience is awesome, every time i follow up with i feel great and i always feel accomplished and excited with my self, trust me its a win win situation.

By Aliki Levi on 3/27/2022

Clearly explains concepts and moves at a great pace. However, I don't understand the amount of focus on using a financial calculator. In this day and age people use spreadsheets. Shouldn't you be showing how to use the Excel functions that calculate the IRR, NPV etc?

By Marius Liviu Balan on 9/14/2021

Pro: -The course is focused on financial mathematical formula for present and future value -Quality and accurate presentation -Quiz -A lot of info about Texas Instruments BA II Plus calculator Cons: -Focused on financial users, not general info

By Daniel L. Harrow on 6/21/2021

It was great! Very happy. If I had any criticism, the cartoons did not match the words being spoken and i found that distracting. The other thing I didn't really understand is at some points it would say "this is too complicated so use a calculator." I guess I expected we would see how to do the specific calculations and not be given the calulator. Anyway, the course was great. Very satisfied. Highly recommended!!

By Sev Snek on 11/7/2020

yes. the material was easy to comprehend for the most part. Section 9 was the most difficult. i like that the formulas are collected in provided notes. speaker is clear and enthusiastic

By Rodrigo Serpa on 4/2/2020

Excellent. It shows step-by-step how to calculate variables and make decisions based on these findings. Being half-decent at maths does help though, as one can break down the equations to help fixate the concepts rather than just rely on calculators, although he does help with using the calculators as well. Really great overall.

By Hedwig D' Cruz on 9/1/2019

I have learnt quite a lot from this course. The formulae may seem daunting but understanding how to use the timeline and the financial calculator helps in the computation.

By Julius Talley on 7/9/2017

Angela is an excellent instructor. She is very easy to understand and explains all of her steps. Some instructors perform steps on the screen without explaining them if they explained them in a previous screen. Angela explains all steps every time. I will certainly recommend Angela of 365 Careers for many courses as possible. The slides were very clear visually and clear to understand. Angela audio is clear as well. Thanks Angela!

By Madan Shrestha on 11/17/2015

IT has been presented very creative and simply with perfect example and perfectly demonstrated in excel with so much information about finance and mortgage or loan.

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Overall Score : 92 / 100