Financial Decision Rules for Project Evaluation from edX

In this finance course, learners will be exposed to real world decision-making rules used to prioritize projects, with several rich applications. The specific decision rules we will analyze include:

Payback
Internal Rate of Return
Net Present Value

The relation between these different decision rules and value creation, or equivalently shareholder wealth maximization, will be emphasized. The foundational framework of time value of money will be used to introduce the concepts and applications, and to critically evaluate the strengths and weaknesses of alternative decision criteria. This will be followed by an exposure to the valuation of bond/debt and stocks/shares. This course will also involve some basic exposure to how the profitability of projects is measured in the real world.

This course is targeted to managers working in corporations or institutions and individuals planning to pursue a graduate degree in business (MBA).

This course is the first of four in the Corporate Financial Analysis XSeries Learn how to use decision criteria and rules to evaluate projects based on their impact on business, including payback, NPV and IRR.

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Helps learners select from different financial decision making rules to prioritize projects

Taught by an experienced industry professional named Gautam Kaul

Specifically targeted to both corporates and management professionals as well as individuals looking to pursue an MBA

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Learners who complete Financial Decision Rules for Project Evaluation will develop knowledge and skills that may be useful to these careers:

Investment Banker

Investment Bankers use these financial decision rules to provide clients with the best possible advice on mergers and acquisitions, initial public offerings (IPOs), and other financial transactions. This course provides the necessary skills to excel in this profession.

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Corporate Finance Manager

Corporate Finance Managers use decision rules to make recommendations on capital budgeting, mergers and acquisitions, and other strategic financial decisions. This course can help you understand the intricacies of corporate finance and prepare you for success as a Corporate Finance Manager.

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Actuary

Actuaries use financial decision rules to assess risk and uncertainty. This course provides training in the fundamentals of decision-making under uncertainty.

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Financial Consultant

Financial Consultants provide financial advice to individuals and businesses. This can include investment advice, retirement planning, and budgeting. One must understand the financial decision rules covered in this course.

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Financial Analyst

Financial Analysts need to be proficient in the theory and application of financial decision-making rules such as payback period, internal rate of return, and net present value. This is precisely what this course can teach you. Accordingly, the training you receive in this course may help build a foundation for success in this career field.

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Portfolio Manager

Portfolio Managers make investment decisions for individuals and institutions. These professionals utilize decision rules to maximize returns while minimizing risk. This course provides the training needed to succeed as a Portfolio Manager.

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Credit Analyst

Credit Analysts use decision rules to assess the creditworthiness of borrowers. This course provides training in financial analysis techniques that are critical for success in this role.

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Financial Risk Manager

Financial Risk Managers use decision rules to identify and manage financial risks. This course provides training that may be helpful.

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Auditor

Auditors use decision rules to evaluate the financial statements of companies. This course can aid in understanding the principles and practices of auditing.

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Loan Officer

Loan Officers use decision rules to evaluate loan applications and make lending decisions. This course may be useful.

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Operations Research Analyst

Operations Research Analysts use decision rules to solve complex problems in a variety of industries. This course may be helpful.

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Statistician

Statisticians use decision rules to analyze data and draw conclusions. This course may be useful.

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Budget Analyst

Budget Analysts use decision rules to develop and manage budgets for organizations. This course may be useful.

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Insurance Underwriter

Insurance Underwriters use decision rules to assess risk and determine insurance premiums. This course may be useful.

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Data Scientist

Data Scientists use decision rules to analyze data and make predictions. This course may be useful.

See salaries and explore the career path for Data Scientist

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