+

Online College Course

Principles of Finance

Principles of Finance

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. Full Description

3 semester credits

  • Guaranteed to transfer to our 7 partner network institutions.* See Partners
  • Sophia courses have been transferred for credit to over 300 institutions*. See the List
  • Recommend for credit to the ACE and DEAC college and university networks. (See below for details.)

Category: Business

This course is ACE Credit® recommended for transfer to many different colleges and universities.* Learn more
This course is DEAC-approved as meeting the criteria for Approved Quality Curriculum (AQC) status. Learn more

Benefits


Guaranteed to transfer to our partner colleges and universities.* See Partners

One Login, Everything You Need

You don't need any textbooks for our courses—we use video and text-based tutorials to teach the material.

Start Instantly

There is no need to wait for the first day of class; with Sophia you can sign up and instantly start your education.

Learning Built for Your Life and Your Schedule

Each course allows you to work at your own pace after work, on a break, or on the go. Access the course anytime, anywhere by phone, tablet, or computer.

Description

Principles of Finance

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. Throughout the course, you will be exposed to examples of both real and fictional scenarios to illustrate the concepts in practice.

Assessments & 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

Sophia's Many Ways™
This course provides you access to Sophia's Many Ways™ learning model. This model provides you with various instructional styles for each learning objective. With this unique model, you can find a method that appeals to your individual learning preference.

Reviews

Rating
32 Student Reviews
Rating
by Amanda T. on August 2, 2020
The questions were subjective, this is not a subjective topic. They had content on milestones that was not even in the curriculum. I am actually emailing Sophia on this one as I have definitive proof and I don't think anyone else should have to go through this. Just my 2 cents. I passed and all, and now your final milestone counts towards your grade FYI, I am happy I read the reviews, I am adding again just in case the other one gets buried! Sophia should have sent that out as well. Especially since I bought the year. Not that i disagree with them, but it is good to know when you make a change like that.
Rating
by Kimberly H. on August 1, 2020
The information is presented very well & the course does very well with explaining the concepts & formulas. Very pleased, thank you
Rating
by Ciaran R. on July 31, 2020
Thank you for the great stuff
Rating
by Elizabeth C. on July 31, 2020
This was tough but interesting to me. Milestones and test require you to apply mathematical knowledge.
Rating
by Sylefane C. on July 31, 2020
Such a difficult course, but I did learn a lot. The final milestone was a bear!
Rating
by Benjamin B. on July 31, 2020
Very in depth and lots of reading but overall a very informative course. Recommend taking the accounting course first or having a pretty good grasp on accounting and the vocabulary within that course as it relates to all finance courses.
Rating
by Anthony P. on July 31, 2020
Very challenging
Rating
by Christina J. on July 31, 2020
This is a really tough class! You will need to be able to apply the terms and concepts learned in many different aspects. Take your time and take LOTS of notes! You can do it.

FAQ

  • Q: What does "Try it for Free" mean?

    A: The Free Trial allows you to access the course of your choice, or multiple courses. It gives you access to the first unit ("Challenge 1") in the course. This will let you meet the course instructors, sample the instructional content, and answer a set of assessment questions in the Challenge. You can also read the Student Guide and watch an Orientation Video to learn more about the course format, requirements, and resources.

    Any work you complete in the Free Trial is saved, so if you decide to register, you do not need to repeat it. Of course, we also let you reset it and start over if you wish.

  • Q: Does Sophia accept third-party payment for membership, such as financial aid or military benefits?

    A: Sophia is not a college or university and is not eligible for financial aid, military benefits, or other third-party payments. A Sophia membership is considered an out-of-pocket educational expense.

  • Q: When do the courses start and how long do I have to complete a course?

    A: You choose your own course start date and have 60 days from your chosen start date to complete each course. Sophia courses are self-paced, so many students complete a course in less than 60 days.

  • Q: Where do I get the textbooks for my course?

    A: You do not need any textbooks for Sophia courses. All material is taught by video and text-based tutorials that are in the courseroom, and are included as part of a Sophia membership.

  • Q: How am I graded in the course?

    A: Sophia courses are graded on a pass/fail basis, with 70% overall required to pass the course. Your score is based upon points earned in the formative assessments ("Challenges"), summative assessments ("Milestones"), and if applicable, the authentic assessments ("Touchstones"). Currently, our Foundations of English Composition, English Composition I, and Public Speaking courses contain Touchstones.

  • Q: How do I know which courses I should take?

    A: Consult with your academic adviser at your university to determine specifically which Sophia courses could fit into your program. You can download the course syllabus directly from our site to share with your school advisor.

  • Q: Are the tests proctored?

    A: Sophia courses utilize keyboard biometrics as an alternative to proctoring. No webcam is needed for a Sophia course.

  • Q: I'm taking a course where I have to submit Touchstones. How long does it take for my Touchstone to be graded once it's submitted?

    A: We provide our faculty graders with up to 7 business days to grade a Touchstone. The actual time may vary based on volume and grader capacity.

Oh no. Please don't go.

TRY INTRODUCTION TO Principles of Finance FOR FREE!

No Credit Card Required