Back to Finance for Non-Finance Professionals
Rice University

Finance for Non-Finance Professionals

This short course surveys all the major topics covered in a full semester MBA level finance course, but with a more intuitive approach on a very high conceptual level. The goal here is give you a roadmap and framework for how financial professional make decisions. We will cover the basics of financial valuation, the time value of money, compounding returns, and discounting the future. You will understand discounted cash flow (DCF) valuation and how it compares to other methods. We also step inside the mind of a corporate financial manager and develop the basic tools of capital budgeting. We will survey the how, when, and where to spend money, make tradeoffs about investment, growth, dividends, and how to ensure sound fiscal discipline. Our journey then turns to a Wall Street or capital markets perspective of investments as we discuss the fundamental tradeoff between risk and return. We then synthesize our discussion of risk with our valuation framework and incorporate it into series of direct applications to practice. This course requires no prior familiarity with finance. Rather, it is intended to be a first step for anyone who is curious about understanding stock markets, valuation, or corporate finance. We will walk through all of the tools and quantitative analysis together and develop a guide for understanding the seemingly complex decisions that finance professionals make. By the end of the course, you will develop an understanding of the major conceptual levers that push and pull on financial decision making and how they relate to other areas of business. The course should also serve as a roadmap for where to further your finance education and it would be an excellent introduction of any students contemplating an MBA or Finance concentration, but who has little background in the area.

Status: General Finance
Status: Financial Analysis
BeginnerCourse14 hours

Featured reviews

GL

5.0Reviewed Sep 26, 2022

V​ery good course and materials. Learned a lot. The pace was very fast for me and had to watch some classes more than once, but they provide all the information needed for this subject,

CI

5.0Reviewed May 23, 2023

I come from untraditional background but I find this course is very helpful! The course is very well-structured, allowing me to simply and easily understand finance foundation.

KH

5.0Reviewed Mar 28, 2020

Great Course, Very solid start for those who are trying to enter Finance world. It makes you love this field if you are not familiar with it and have no previous experience. Great Job Professor.

JH

5.0Reviewed Oct 7, 2018

This course as the title suggests is actually required for non finance professionals to get an understanding of concepts in Finance. A very good and well structured course.

SM

5.0Reviewed Feb 23, 2021

I highly recommend this course. I've always thought that I could never be a "numbers" person and the instructor did such a great job explaining things. So glad I took it!

JS

5.0Reviewed Oct 2, 2019

Very good overview of finance. For everyone looking, this is not specific to personal finance, but rather a general view and introduction to the most general topics. And a great one at that!

SC

5.0Reviewed Mar 26, 2018

Very good learning experience.The course is ideal for people having an interest in Finance! No prior knowledge needed!The Prof. makes sure you are involved throughout the lecture!

LB

5.0Reviewed Mar 9, 2020

Totally enjoyable! Big thank you to Prof. James Weston, his team and Coursera for making this course available to al of us,the curious learnes wherever we may be on the Globe!

MS

5.0Reviewed Jan 25, 2020

I really enjoyed the instructor's recordings. He made things very clear and his enthusiasim was infectious. I only wish he was one of my professors when I went to college!

UU

4.0Reviewed Jul 21, 2020

I learned a lot of things during this course. The conversation with a practitioner really gives you insights about the real world applications, and where our knowledge is applicable in the market.

DR

4.0Reviewed Jun 23, 2017

Learned sooo much in this course. It taught me how to remain curious as the subject matter got more difficult. If you stick with it, you really learn to enjoy finance.

PG

5.0Reviewed Apr 28, 2020

Best Course on Finance I have seen so far !! Professor Mr.Weston explains very clearly and also has designed the course efficiently !!! Knowledge could be applied directly at workplace :)

All reviews

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