Principles Of Finance For Beginners

A beginners guide to Principles of Finance

What you'll learn

Basics of Finance ( Personal Business and Public)

Time Value of Money using Formulae

Interest calculations on Deposits and Borrowings

Investments and earnings in Share Market and Mutual Funds

Requirements

There is no pre requisite to take this course. Any body with an interest to learn can take this course. Only we need to use basics on calculators

Description

This course introduces fundamental concepts in finance, providing students with a comprehensive understanding of key financial principles. It covers the essential tools and techniques used in both personal and corporate finance, focusing on the time value of money and its application in financial decision-making. Key topics include:Simple Interest: The course explains the calculation of simple interest, where interest is calculated only on the initial principal amount. This concept is used in basic loans and investments.Compound Interest: A deeper dive into compound interest, where interest is calculated on the initial principal and the accumulated interest over previous periods. Students learn how compound interest impacts long-term investment growth and loan repayments.Rule of 72: This rule provides an approximation for the time required to double an investment at a given annual rate of return. It is a valuable tool for investors to quickly estimate growth potential.Present Value (PV) and Future Value (FV): The course covers the principles of present value and future value, teaching students how to calculate the worth of future cash flows in today's terms and how to project the future value of current investments or borrowings.Deposits and Borrowings: Students will learn how present and future value concepts apply to various financial scenarios, including savings deposits and loans. These tools help individuals and businesses make informed decisions regarding investments, savings, and borrowing strategies.By the end of the course, students will have a solid understanding of how to manage money in the context of loans, investments, and savings, and how to make decisions that optimize financial outcomes.

Overview

Section 1: Introduction to the Module and Welcome

Lecture 1 Introduction

Lecture 2 Introduction to Finance

Lecture 3 Decisions and Careers in Finance

Lecture 4 Concept of Time Value of Money and Simple Interest

Lecture 5 Concept of Compound Interest on Deposits and Borrowings

Lecture 6 Rule of 72 : A worldwide used concept in Finance

Lecture 7 Present Value and Future Values for Financial Goals

Lecture 8 Application of Time Value os Money in Loans or Borrowings

Lecture 9 Investment in Shares and Application of Finance Basics

Lecture 10 Thank You Note for taking this Course

Entry Level Finance people, Entry level personal Financial Consultants, Entry level Students in Business and finance courses