Take Principles of Finance online at your own pace

Gain an understanding of foundational finance concepts such as financial statements, market instruments, capital budgeting and more. Go at your own speed and apply college-level credits toward your degree.

  • ACE Credit®-recommended for 3.0 semester credits

  • 3575 students successfully completed

Course description

Sophia's Principles of Finance course is designed to introduce students to the fundamental principles of finance. Specifically, you will learn about the operating environment of the firm, financial statements, and financial ratios. You will also learn about the time value of money, the characteristics of market instruments, the process of capital budgeting, and elements of working capital management.

Assessments and grading

This is a pass/fail course. You must complete 15 Challenge assessments (these are like quizzes) and 4 Milestone assessments (these are like tests) with an overall score of 70% or better.

Learning outcomes

At the end of the course, you’ll be able to:

  • Identify the fundamental components of finance
  • Determine the key financial statements used in a business
  • Recognize how financial statements are analyzed and influence financial decision making
  • Analyze the role of financial forecasting in planning
  • Apply the concepts of time value of money, present and future value
  • Identify the characteristics and valuation of bonds
  • Recognize the characteristics and valuation of stocks
  • Risk and Return
  • Recognize the key elements of the securities markets
  • Cost of Capital
  • Determine the factors that impact a firm’s capital structure
  • Evaluate the capital budgeting process
  • Obtaining Capital: Methods of Long-Term Financing
  • Identify the key components of working capital
  • Dividends and Dividend Policy

Start your free trial today

  • Take the first Challenge of any course
  • Go at your own pace
  • Access anytime, anywhere
  • Confirm your completed courses will transfer

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FAQ

Access the course content through the first Challenge of any of Sophia’s 30+ courses.

Check Sophia’s list of partner schools to see if your school is on the list. If not, contact your registrar to learn about your school’s transfer credit policy and if Sophia coursework can be submitted for transfer.

Sophia course completions do not expire and will be available to submit for transfer when you’re ready. At that time, check with your school’s registrar for their credit transfer policies.

If you’ve completed the first Challenge during your free trial, you can pick up right where you left off after you become a Sophia member.

Don’t worry. Your completed courses won’t disappear if you cancel your membership. Those courses will be there for you when you’re ready to submit for transfer.

If you have an education benefit through your employer, it may cover your subscription to Sophia. Check with your benefits administrator to find out if you qualify.

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An ACE Credit®-recommended learning pathway

Sophia’s ACE Credit®- and DEAC-recommended courses have been accepted for credit at hundreds of colleges and universities.

The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 33 of Sophia's online courses for college credit. These courses are eligible to transfer to many different colleges and universities.

The DEAC is a national accrediting organization that evaluates distance education curriculum. The Council for Higher Education Accreditation and the U.S. Department of Education recognize the DEAC as a trusted distance education authority.