Financial Decision Rules for Project Evaluation
School: University of Michigan
Registration Link: REGISTER HERE
Start Date: November / Self-Paced
Workload: 5-6 Hours Per Week
Instructor: Gautam Kaul
Credentials: Professor Kaul has won five Excellence in Teaching awards at Ross, along with earning the Victor L. Bernard Leadership in Teaching Award in 2009. He is widely published in financial journals and teaches a variety of introductory and advanced courses, including Corporate Finance, Investment and Financial Institutions, and Sustainable Enterprise.
Graded: Students who complete all course requirements can purchase a verified certificate for $99.
Description: Most projects sound worthwhile in theory. However, the finer details are what differentiate those that are green lit from those that languish. In the process, leaders ask themselves several questions. What financial and personnel resources does the project require? How quickly can it produce revenue or savings? How does the future value compare to what is needed in the here-and-now? In this course, students will be equipped with the tools to evaluate project impact and profitability, both in the near- and long-term. In particular, they will master measures like payback, internal rate of return (IRR), and net present value (NPV), along with reviewing the fundamentals of bonds, debts, and stocks. By the end of the course, students will be able to identify strengths, weaknesses, and alternatives so they can choose projects with the best chance to maximize return.
Review: “I loved! This course helped me to understand the financial world, and helped me a lot in my career. I can’t wait to continue studying it!” For additional reviews, click here.
Additional Notes: This course is part of edX’s Corporate Financial Analysis series from the University of Michigan, which includes courses project risk assessment, financial markets, and financial policy. To learn more about this series and register for it, click here.