Introduce yourself with the world of finance
- 1x (Normal)
What is Finance8:52
Goal of financial manager11:19
Why profit maximization is not the ultimate goal9:51
Owners' wealth versus other stakeholders' interests6:28
About This Class
Almost everyone has to make financial decisions. Even if one is not a business manager or portfolio manager, s/he must make financial decisions appropriately for his/her personal financial well-being, which necessitates a good introduction with the subject matter of finance.
Every learner of finance should start their lesson by being introduced with the basic definition of finance, goals of financial management, and the areas of financial decision-making.
After completing this course, a learner would be able to define finance, recognize the specific areas of business finance, identify the role, tasks, scope, and challenges of a financial manager, recognize the primary goal of financial decision-making, align the shareholders wealth maximization with other stakeholders interests, compare and choose between profit maximization and share price maximization as the primary goal of financial decision-making, and plan the pathway of learning finance.
This course is suitable for anyone who wish to achieve financial literacy and/or has the interest about the interesting world of finance. More specifically, entrepreneurs, managers and executives who are going to start learning finance, business students who are going to start learning finance, and anyone who has involvement with financial decision-making would be benefitted from this course. This course is also suitable for absolute beginners who have never attended a finance course before, and may continue learning finance at an advanced level in future.