The quest for learning and personal development has found a new ally in the form of online courses. The digital era has ushered in an abundance of opportunities for individuals to expand their horizons and acquire new skills without the constraints of location or financial burden. In this blog, we will delve into the world of free online courses, focusing on two crucial aspects: health information management and money management. Moreover, we will also touch on the broader realm of finance courses, shedding light on their accessibility and addressing the perennial question: Is financial management a difficult subject to tackle?
Want to learn how to make your corporation’s money make money? In this course you will learn how to compare various investment types, select the most viable financial investment opportunity, and maximize your corporation’s wealth. If you want to get a better understanding of how Wall Street works, this course is for you.
You will learn how financial managers use discounted cash flow and rate-of-return analyses to evaluate projects and financial instruments, the role of the cost of capital and the Capital Asset Pricing Model (CAPM) in capital investment analysis and selection, capital budgeting, stock and bond valuation, break-even analysis, capital market efficiency, real options, short-term financial management, and be introduced to international finance.
This course is part of the Accounting and Financial Management MicroMaster’s program from UMGC. Upon completion of the program and receipt of the verified MicroMaster’s certificate, learners may then transition into the full UMGC Master’s Program in Accounting and Financial Management without any application process or testing. See the MicroMasters program page for more.
Syllabus
Week 1: Overview of Corporate Financial Management
An overview of corporate financial management, including the goal of the firm, agency costs, different ownership contracts, and a review of financial statements and financial ratios.
Week 2: Time Value of Money
Learn how financial managers use time value of money to compute various financial metrics, including net present value, internal rate of return, and the discounted payback period. Further you will learn various rules of investments to value alternative investment opportunities.
Week 3: Capital Asset Pricing Model (CAPM)
Learn how managers use the capital asset pricing model (CAPM) to assess the risk and return of various capital asset investment opportunities. You will also learn how financial managers use lessons from market history to help formulate current day decisions.
Week 4: Interest Rates and Bond Valuations
Learn how managers integrate interest rates and projected interest rate fluctuations when making financial decisions that may include additional corporate debt. Further, you will learn the determinants of bond yields, and clean vs. dirty prices.
Week 5: Stock Valuation
Learn how publically traded stock is valued at its initial public offering and on publically traded stock exchanges, such as the New York Stock Exchange.
Week 6: Short-term Finance and Planning
Learn how managers use short-term financing for operational needs and conduct financial planning to minimize the need to borrow for short-term liabilities.
Week 7: Cash Management and Credit and Inventory ManagementLearn how financial managers decide whether to use cash and or borrowed funds to purchase inventory and fund other operational needs.
Week 8: Final assessment
Taught by
Jayanta Sen and Jiya Jain
Health Information Management: A Free Online Course
A World of Health Knowledge at Your Fingertips
Health information management is a vital component of the healthcare industry. It involves the collection, storage, and retrieval of patient information, ensuring its accuracy and confidentiality. In the digital age, this field has witnessed significant advancements, and staying updated is imperative for those in the healthcare profession.
Are you interested in learning more about health information management? The good news is that there are free online courses available that can equip you with the knowledge and skills required. These courses often cover topics such as electronic health records, privacy and security, and the ethical considerations surrounding patient data.
The flexibility of online learning allows you to study at your own pace, making it an attractive option for busy professionals looking to enhance their skill set or students exploring potential career paths.
Free Online Money Management Course
Taking Control of Your Finances
In an age where financial literacy is paramount, understanding how to manage your money effectively is a critical life skill. Fortunately, the digital age has made it easier than ever to access resources that can help you master this domain.
Whether you’re looking to create a budget, save for a major life event, or invest wisely, a free online money management course can be an invaluable resource. These courses typically cover topics like budgeting, debt management, investing, and retirement planning.
With the rising cost of living and increasing financial responsibilities, learning to manage your money effectively can be a game-changer. Free online money management courses make this knowledge accessible to everyone, regardless of their prior financial expertise.
Free Online Money Management Courses
A Wealth of Resources for Financial Success
What if a single course isn’t enough to quench your thirst for financial knowledge? The beauty of the digital landscape is that there are numerous free online money management courses available, each offering its own unique perspective and focus.
You can explore various courses to tailor your learning experience to your specific financial goals. Whether you want to dive deep into investing, explore the intricacies of taxation, or simply build a robust financial foundation, there’s a course out there for you.
Finance Courses for Free
Demystifying the World of Finance
The world of finance is vast and multifaceted, encompassing everything from personal money management to complex financial markets and investment strategies. While traditional education avenues often come with a hefty price tag, online learning platforms have democratized access to finance courses.
A quick search online will reveal a plethora of free finance courses covering a broad spectrum of topics. These courses can empower you with knowledge about financial markets, investment strategies, financial planning, and even entrepreneurship. It’s a golden opportunity to expand your financial acumen without straining your wallet.
Is Financial Management Course Difficult?
Breaking Down the Myths
The question of whether financial management courses are difficult is a common one that often deters individuals from exploring this valuable field of knowledge. The answer, however, is not as straightforward as one might think.
The perceived difficulty of a financial management course largely depends on your background, your personal interest, and the course’s level of complexity. Some aspects of finance, like basic budgeting and saving, can be quite accessible to most individuals. On the other hand, complex financial concepts related to investment and risk management can be challenging.
The key to success in financial management lies in understanding your goals and starting at the right level. If you’re a beginner, there are introductory courses that can ease you into the subject. As you gain confidence, you can gradually progress to more advanced topics.
In conclusion, free online courses have revolutionized the way we learn, making knowledge and skill acquisition more accessible than ever before. Whether you’re interested in health information management, money management, or a broader exploration of finance, there’s a wealth of resources at your disposal. So, take advantage of these opportunities, embark on your learning journey, and dispel the myth that financial management is an insurmountable challenge. With the right resources and determination, you can master this important aspect of life.
