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  • ACE Credit®-recommended for 3.0 semester credits

  • 12939 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 Challenges (formative assessments) and 5 Milestones (summative assessments) with an overall score of 70% or better.

Learning outcomes

<p>At the end of the course, you'll be able to:<br></p> <ul><li>Identify the fundamental components of finance</li><li>Determine the key financial statements used in a business</li><li>Recognize how financial statements are analyzed and influence financial decision making</li><li>Analyze the role of financial forecasting in planning</li><li>Apply the concepts of time value of money, present and future value</li><li>Identify the characteristics and valuation of bonds</li><li>Recognize the characteristics and valuation of stocks</li><li>Determine risk and return concepts</li><li>Recognize the key elements of the securities markets</li><li>Examine overall cost of capital</li><li>Determine the factors that impact a firm’s capital structure</li><li>Evaluate the capital budgeting process</li><li>Compare methods of long-term financing to pay for investments</li><li>Identify the key components of working capital</li><li>Recognize types of dividend payments and factors that firms consider</li></ul>

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