To master money, here's why you should dive into the world of finance

  • Ankit Khandelwal, Hindustan Times, New Delhi
  • Updated: Apr 06, 2015 13:51 IST

You can be a student or the owner of a small shop, your business turnover can be very high or very low, money plays an important role in everyone’s life. You all want to manage it carefully, you also want to invest wisely and grow your capital to fulfill your needs. Those of you who want to learn how to do it will be happy to know that there is help available online, right at your fingertips, without requiring you to move anywhere.

The course titled introduction to finance offered by the University of Michigan through Coursera platform will take you on an interesting journey to understand all that you need to manage your day-to-day finances. It will also open a window for you to understand the world of corporate finance. Ranked as one of the best online courses so far, Professor Gautam Kaul describes all the concepts from very basic level. Video lectures are divided into 15-week periods, giving you sufficient time to grasp the knowledge at your own pace. You can self-assess your subject knowledge through the set of carefully designed assignments at the end of each module.

Discussion forums for this course will have people ready to help you in your entire learning curve. You will find people from all around the world, maybe even from your own city or your neighbourhood.

What do you need? Nothing much! A computer with an Internet connection, around four to five hours per week to watch video lectures, curiosity about the concepts and a good amount of motivation to dive into the world of finance.

Once you have finished this course, words like interest rates, monthly payment, inflation calculation will no longer be alien to you. You will be able to calculate your monthly repayment on that car loan and even plan your future - even retirement plans. Understanding corporate finance can also open up new investment destinations for some of you.

Aspirants can register on for the new session which started on February 2, 2015. The course is self-sufficient with all study material provided on the course website itself. It’s free for learners and you will be given course completion certificate on successfully meeting grading criterion. Other than the desire to learn and engage with real world problems, the course does not require any other qualification.

The author is a MOOC-taker, who has designed his international MBA by taking 50 MOOCs over a period of two years

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