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University of Michigan

Finance for Everyone: Smart Tools for Decision-Making

University of Michigan via edX


Want to learn how to think clearly about important financial decisions and improve your financial literacy? Finance for Everyone will showcase the beauty and power of finance. This introductory finance course will be a gateway into the world of finance and will examine multiple applications to apply to your everyday life. Join us to better understand how to apply frameworks and tools to make smart financial choices.

You will be able to value the impact of different choices available to you: from renting or buying, evaluating car, home and student loans, or deciding whether to go to college versus pursuing a new idea to simply understanding how the financial world works.

Starting with time value of money, the course will help you develop a full appreciation for the many applications of finance. Using real world examples, the course will enable you to understand and analyze many personal and professional decisions we confront on a daily basis. You will understand stocks and bonds, learn to allocate scarce resources in a value-add way, and adopt smart tools for making every day decisions.

Finance is simultaneously a way of thinking and a set of tools. Finance is everywhere. There are no prerequisites for this course except for a sense of curiosity and a positive attitude. However, a comfort level with algebra and numbers and an understanding of accounting (the language of business) will clearly help. We will, however, try to cover everything starting with fundamentals and highlight when there is a need to do some further work in specific subjects.

Taught by

Gautam Kaul


4.6 rating, based on 5 Class Central reviews

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  • This course was quite challenging, but the professor's enthusiasm for the topic was infectious and kept me going. I learned far more than I anticipated. As someone who understands the basic principals of good personal finance, this course took my knowledge to the next level by teaching me to equations needed to run projections on real-life scenarios. The quizzes were very challenging and forced me to go back and review material. I'm really glad I took this course.
  • Profile image for Richard Van Egas
    Richard Van Egas
    I am giving 4 and not 5 stars.... Because the name is misleading this is not A "finance for dummies" course.... An associate or bachelor degree in actuarial science, maths, computational finance, engineering or finance is needed or expertise selling bank services or trading assets or derivatives in a market

    the math and computational skills might be very steep for rookies or thoroughly illiterate gentiles looking for enlightment in this field

    all and all , you will enjoy the quizzes and final exam if you are a veteran of FINANCE

    the formulas and math foundations might scare you away if you hate or if you have always hated math and statistics all your life
  • Lyn
    This course is very good, well organised. Each Video is around 10 min. The teacher explains things clearly and gives sufficient examples for students to understand principles. Helps to refresh finance knowledge learnt prior.
  • Matthew Philip
  • Ankit Verma

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