About this course: In this course, participants will develop an understanding of the intuitive foundations of asset and investment valuation, and how alternative valuation techniques may be used in practice. This is part of a Specialization in corporate finance created in partnership between the University of Melbourne and Bank of New York Mellon (BNY Mellon). View the MOOC promotional video here: http://tinyurl.com/h75pzt6
Who is this class for: Learners who wish to develop practical skills in quantifying the role of risk when assessing different investments. Some of the most widely used models in finance are demonstrated in an intuitively appealing way that makes clear the advantages and limitations of the models employed. The course also introduces the concept of 'real options' as a tool to augment discounted cash flow analysis.
Created by: The University of Melbourne
Taught by: Paul Kofman, Dean, Faculty of Business and Economics
Sidney Myer Chair of Commerce
Taught by: Sean Pinder, Associate Professor
Faculty of Business and Economics
| Basic Info |
Course 4 of 5 in the
Essentials of Corporate Finance Specialization.
|
| Language | English |
| How To Pass | Pass all graded assignments to complete the course. |
| User Ratings |
Syllabus
WEEK 1
Defining Attitudes Towards and Alternative Measures of Risk
This week we will define a statistical measure of stand-alone risk as being the standard deviation of returns. We will describe three alternative attitudes towards risk, settling on risk aversion as being the standard assumption made in financial markets. We w...
6 videos, 7 readings, 1 practice quiz
Graded: Week 1 Graded Quiz - This quiz contributes 10% towards your final grade
WEEK 2
Linking risk with expected return
This week we differentiate between systematic and unsystematic risk and explain how the expected returns that are reflected in the prices of assets should be linked to only one type of risk. We illustrate how the Capital Asset Pricing Model might be used to li...
7 videos, 1 reading, 1 practice quiz
Graded: Week 2 Graded Quiz - This quiz contributes 10% towards your final grade
WEEK 3
Using financial statement analysis to measure cost of capital
This week we will explain the logical underpinnings of the Weighted Average Cost of Capital Formula and show how it might be estimated in practice by a firm. We will also consider the many challenges that might be faced in using this approach to estimating hur...
5 videos, 1 reading, 1 practice quiz
Graded: Week 3 Graded Quiz - This quiz contributes 10% towards your final grade
WEEK 4
Addressing financial reality with real options analysis
This week we describe how standard NPV analysis might lead to incorrect decisions when we fail to account for the impact of (or upon) firm flexibility. We then describe the three most common types of real options that firms face in practice and then explain ho...
5 videos, 4 readings, 1 practice quiz
Graded: Week 4 graded quiz - This quiz contributes 10% towards your final grade
Graded: Course Final Exam - This quiz contributes 40% towards your final grade
Graded: Peer Assessment - This contributes 20% towards your final grade
FAQs
How It Works
Coursework
Each course is like an interactive textbook, featuring pre-recorded videos, quizzes and projects.
Help from Your Peers
Connect with thousands of other learners and debate ideas, discuss course material, and get help mastering concepts.
Certificates
Earn official recognition for your work, and share your success with friends, colleagues, and employers.
Creators
The University of Melbourne
The University of Melbourne is an internationally recognised research intensive University with a strong tradition of excellence in teaching, research, and community engagement. Established in 1853, it is Australia's second oldest University.
Pricing
| Audit | Purchase Course | |
|---|---|---|
| Access to course materials | Available | Available |
| Access to graded materials | Not available | Available |
| Receive a final grade | Not available | Available |
| Earn a shareable Course Certificate | Not available | Available |
Ratings and Reviews
Exciting and very user-friendly!
This is an excellent course.
-
Coursera provides universal access to the world’s best education, partnering with top universities and organizations to offer courses online.
© 2017 Coursera Inc. All rights reserved.
TM
v