This course provides a brief introduction to the fundamentals of finance, emphasizing their application to a wide variety of real-world situations spanning personal finance, corporate decision-making, and financial intermediation. Key concepts and applications include: time value of money, risk-return tradeoff, cost of capital, interest rates, retirement savings, mortgage financing, auto leasing, capital budgeting, asset valuation, discounted cash flow (DCF) analysis, net present value, internal rate of return, hurdle rate, payback period.
The University of Pennsylvania (commonly referred to as Penn) is a private university, located in Philadelphia, Pennsylvania, United States. A member of the Ivy League, Penn is the fourth-oldest institution of higher education in the United States, and considers itself to be the first university in the United States with both undergraduate and graduate studies.
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An excellent course overall. I really enjoyed the learning experience and look forward to more courses from Wharton. Special thanks to professor Michael Roberts for providing great value in 1 course.
The professor is very patient, he spends a lot of time making sense of the equations and the calculation process, which helps me comprehend the concepts and their application really a lot. Thank you!
The quizzes have some pretty glaring errors. Please recalculate values, since many questions have incorrect responses (i.e. none of the choices work, some questions don't even have a real solution)
I know this course has changed a lot since the original one developed in 2013. This course needs to be better paced so that it does not have four out of the eight total assignments all in week one.