We may earn an affiliate commission when you visit our partners.
Course image
Corporate Escalator .

If you want to understand how money grows, how investments are evaluated, or how to make smarter financial decisions — this course is perfect for you.

In today’s world, financial literacy is more important than ever — and the ability to apply mathematical thinking to money is a game-changer. This course will equip you with practical, hands-on skills in financial mathematics using real-world case studies and Excel-based templates — no advanced math or finance background required.

Read more

If you want to understand how money grows, how investments are evaluated, or how to make smarter financial decisions — this course is perfect for you.

In today’s world, financial literacy is more important than ever — and the ability to apply mathematical thinking to money is a game-changer. This course will equip you with practical, hands-on skills in financial mathematics using real-world case studies and Excel-based templates — no advanced math or finance background required.

In this course, you will learn everything you need to know about how to apply core financial math concepts like the Time Value of Money (TVM), Net Present Value (NPV), Internal Rate of Return (IRR), annuities, and perpetuities to everyday financial and business scenarios. Whether you're evaluating a loan, saving for retirement, or planning a business investment — this course gives you the tools to do it with confidence.

What’s covered in this course?

  • Understand and apply the Time Value of Money — the foundation of all financial decisions

  • Calculate simple and compound interest, present and future values

  • Use Excel formulas and templates to solve real-world financial problems

  • Evaluate investment opportunities using NPV and IRR

  • Analyze loan payments, EMIs, and savings plans using annuity formulas

  • Distinguish between nominal and real interest rates, and understand inflation’s impact

  • Explore perpetuities, retirement planning, and investment returns

  • Work through hands-on case studies to apply your skills to realistic financial decisions

You’ll also get:

  • Downloadable Excel templates to use in your own financial planning

  • Case studies based on personal finance and business investment scenarios

  • A strong foundation for further studies in finance, investing, or business analytics

What makes us qualified to teach you?

The course is taught by Ananya, a retail strategy professional with over 7 years of experience in project management and business analytics. She holds an MBA from the Indian Institute of Management Ahmedabad, and brings a practical, engaging teaching style that makes complex financial ideas simple and applicable.

Our Promise

Teaching our students is our job and we are committed to it. If you have any questions about the course content, Excel exercises, or business examples, you can post in the course Q&A or reach out directly — we’re here to support your learning journey.

Don’t miss this opportunity to master the building blocks of finance with real-world applications and Excel-based tools. Enroll now and take control of your financial future.

Enroll now

What's inside

Learning objectives

  • Explain the time value of money (tvm) and its importance in financial decision-making using real-world scenarios
  • Calculate present and future values of single amounts and annuities using simple and compound interest formulas
  • Apply financial math formulas such as npv (net present value) and irr (internal rate of return) to evaluate investment opportunities
  • Differentiate between nominal and real interest rates, and understand the impact of inflation on investment returns
  • Use microsoft excel to solve financial problems involving interest, annuities, perpetuities, and investment decisions
  • Evaluate loans, savings plans, and investment alternatives using discounting and compounding techniques
  • Estimate the value of perpetuities and understand their role in long-term planning such as endowments and real estate valuations
  • Analyze financial scenarios (case studies) and make informed decisions using structured problem-solving approaches
  • Build financial confidence in handling personal or business financial planning by understanding foundational concepts and tools

Syllabus

Introduction to the Course
Introduction to Time Value of Money (TVM)
Course Resources
Concept of Time Value of Money (TVM)
Read more

Save this course

Create your own learning path. Save this course to your list so you can find it easily later.
Save

Career center

Learners who complete Finance Mathematics: The basics of Financial Analysis will develop knowledge and skills that may be useful to these careers:

Reading list

We've selected 50 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Finance Mathematics: The basics of Financial Analysis.
Is specifically dedicated to the time value of money and its applications in finance, business, and real estate. It offers a focused and detailed explanation of TVM concepts and calculations, making it an excellent resource for anyone wanting to master this specific topic.
Leading guide to valuation, with a strong emphasis on discounted cash flow (DCF) analysis, which is directly based on NPV. It provides a detailed framework for valuing companies and valuable reference for both students and finance professionals.
Provides a broad introduction to the financial system, including the role of interest rates, monetary policy, and financial markets. It is widely used as a textbook in undergraduate economics and finance programs and is excellent for gaining foundational knowledge. It serves as a valuable reference for understanding the economic context of interest rates.
Widely recognized and comprehensive textbook in corporate finance, with a strong emphasis on the time value of money as a core principle. It's commonly used in undergraduate and graduate programs and provides a solid foundation for understanding financial decision-making, making it highly relevant for a broad understanding and deeper dive into the topic. It serves as an excellent reference tool.
This classic book on investing that provides timeless principles for investing. It discusses the use of IRR and other valuation methods for evaluating investments, along with offering wise investment teachings from one of the most renowned investors of all time.
Aswath Damodaran renowned expert in valuation, and this book offers a comprehensive exploration of valuation techniques, including those rooted in NPV. It's a detailed resource suitable for those looking to deepen their understanding and apply valuation in practice.
A more recent iteration of the comprehensive 'Bible' series, this book covers the features of Excel 2021. It serves as an excellent reference and learning tool for users who want a deep understanding of the software, from basic to advanced functionalities. It's suitable for a wide range of users.
Another highly regarded textbook covering core corporate finance concepts, including NPV. is known for its emphasis on intuition and a unified valuation approach. It's suitable for both undergraduate and MBA levels and commonly used resource in academic settings.
Dives into contemporary Excel topics like Power Pivot and Power Query, which are crucial for handling and analyzing large datasets. It's a key resource for users looking to move beyond basic data analysis and leverage Excel's business intelligence capabilities. Recommended for intermediate to advanced users and professionals.
This textbook offers a modern approach to corporate finance, built around the Law of One Price and a unifying valuation framework. It provides thorough coverage of NPV and its role in decision making. It is suitable for graduate-level students and professionals seeking a rigorous understanding.
A comprehensive textbook covering financial management in depth, this book provides thorough coverage of the time value of money and its applications in various financial decisions. It's widely used in undergraduate and graduate programs and serves as a valuable reference.
Is considered a foundational text for quantitative analysts working with interest rate models. It provides a deep dive into the mathematical theory and practical implementation of various models. It key reference for advanced study and professional work in interest rate derivatives.
Specifically targets financial modeling using Excel, a key application in finance and accounting. is essential for students and professionals in these fields who need to build and analyze financial models. It covers relevant formulas, functions, and best practices.
A focused guide on Power Query, a powerful tool for data extraction, transformation, and loading within Excel and Power BI. is crucial for anyone dealing with data from multiple sources and needing to clean and prepare it for analysis. It's a valuable resource for data professionals.
This text focuses specifically on monetary policy and the role of central banks in influencing interest rates and the economy. Given Mishkin's background at the Federal Reserve, it offers valuable insights into the practical aspects of monetary policy. is highly relevant for understanding how interest rates are managed at a macroeconomic level.
A comprehensive guide specifically for financial advisors, this book covers various annuity types, their pros and cons, and tax implications. It is essential for professionals in financial planning and provides in-depth knowledge for advising clients on annuities. It valuable reference for industry professionals.
Another classic work on investing, this book provides a comprehensive guide to security analysis. It includes discussion of IRR and other valuation methods used in the analysis of stocks and bonds.
A comprehensive and globally oriented textbook that covers corporate finance in depth, including rigorous treatment of investment decisions and valuation using NPV. It is well-regarded by both academics and practitioners and is suitable for advanced students and professionals.
Presents the core concepts of finance, with a significant focus on the time value of money as one of the key principles. It's designed for undergraduate students and provides a solid introduction to the subject with practical examples.
Focuses on creating effective and advanced data visualizations using Excel, going beyond the default chart types. It's highly relevant to contemporary data analysis and communication. It provides step-by-step guides for creating various chart types and is valuable for users at all levels looking to improve their data storytelling.
Standard text for learning how to build financial models, including those that utilize NPV for investment appraisal. It's a practical resource for students and professionals who need to apply NPV in a spreadsheet environment.
Specifically addresses interest rate risk from a banking perspective, covering management and hedging strategies. It is highly relevant for professionals working in banking and financial risk management. This book provides a focused look at a key area of interest rate application.
Addresses contemporary data analytics practices within Excel, focusing on modern techniques for cleaning, transforming, and analyzing data. It's highly relevant for those looking to update their skills and leverage Excel for more sophisticated data analysis tasks.
Provides a practical approach to fixed income securities, covering essential concepts, valuation techniques, and risk management. It is well-regarded by both academics and practitioners for its clear explanations and relevant examples. This book strong resource for both learning and as a professional reference.
Ideal for beginners, this book provides a solid foundation in Excel basics with step-by-step guides. It covers a wide range of fundamental topics, making it a great starting point for those new to spreadsheets. While suitable for initial learning, it also touches upon more complex areas.
Covers the mathematical and computational aspects of financial engineering, where the time value of money fundamental concept used in pricing derivatives and other financial instruments. It's suitable for advanced students and professionals in quantitative finance. It provides a deep dive into contemporary applications.
Dives deep into array formulas, a powerful technique for complex calculations in Excel. It's for users who want to deepen their understanding of advanced formulas and push the boundaries of what Excel can do. Recommended for intermediate to advanced users.
Focuses on applying Excel to solve business problems and analyze business data. It's a practical guide for students and professionals in business-related fields who need to use Excel for decision-making and analysis.
Considered a leading reference for fixed income quants, this multi-volume set provides a state-of-the-art treatment of interest rate modeling. It is highly technical and best suited as a reference for researchers and practitioners in quantitative finance. This is an advanced resource for those specializing in interest rate derivatives.
A focused guide on mastering Excel formulas and functions, which are fundamental to using Excel effectively. is helpful for users looking to deepen their understanding of how to perform calculations and manipulate data. Relevant for all levels beyond the absolute beginner.
Written by a practitioner, this book offers a practical perspective on interest rate markets and fixed income strategy with minimal advanced mathematics. It is useful for understanding real-world trading strategies and market dynamics. complements more theoretical texts with industry insights.
A practical guide to building financial models in Excel, with applications in corporate finance, including NPV analysis. is valuable for anyone who needs to implement financial concepts and calculations in a spreadsheet environment.
Offers a hands-on approach to learning Excel VBA, with step-by-step instructions and exercises designed for quick learning. It's suitable for users who want to rapidly acquire VBA skills for automation and enhancing their Excel capabilities.
A beginner-friendly approach to learning Excel VBA programming. breaks down complex VBA concepts into easy-to-understand steps, making it accessible for those new to automation. It's a good starting point before moving on to more advanced VBA resources.
While not solely focused on the time value of money, this book is highly relevant for applying TVM concepts in practical settings using Excel. It's valuable for students and professionals who need to build financial models. deepens understanding by providing hands-on application and useful reference tool for contemporary finance practice.
Another popular textbook for investment analysis and management, this book covers a wide range of topics, including IRR, NPV, and other valuation methods. Notably, there are also several chapters on risk and return, which are critical to understanding IRR.
Provides a beginner-friendly introduction to data analysis techniques using Excel. It covers essential tools and methods for analyzing data within Excel, making it suitable for those new to data analysis or using Excel for this purpose.
A combination of stochastic calculus and real-world market data to study the pricing and hedging of perpetuities in a risk-neutral framework.
This guidebook covers various aspects of retirement planning, with a strong focus on how annuities fit into a comprehensive retirement income strategy. It is relevant for individuals planning for retirement and financial advisors. It helps solidify an understanding of the practical application of annuities in retirement.
A comprehensive guide aiming to take users from beginner to expert. It covers a wide range of topics and can be used for both gaining a broad understanding and deepening knowledge. Its step-by-step approach makes it accessible for self-learners.
A recent publication, this book explores the history and consequences of interest rates, arguing that manipulating interest rates has led to various economic problems throughout history. It provides a critical and contemporary perspective on the topic. is valuable for understanding the broader economic and societal impacts of interest rate policies.

Share

Help others find this course page by sharing it with your friends and followers:

Similar courses

Here are nine courses similar to Finance Mathematics: The basics of Financial Analysis.
Finance for Non-Financial Managers
Most relevant
More Introduction to Financial Accounting
Most relevant
Financing and Initiating Major Engineering Projects
Most relevant
Everyday Excel, Part 2
Most relevant
Corporate finance: Know your numbers 2
Most relevant
Fundamentals of Data Analysis in Excel
Most relevant
Finance for Non-finance Professionals
Most relevant
A Comprehensive Excel Masterclass
Most relevant
Cost of Quality Analysis and Reporting using Microsoft...
Most relevant

Udemy Buyer Protection & Guarantee

Verified partner policies & purchase protections

Global Marketplace Leader
Free Trial & Audit

Free Lecture Previews

Free preview video lectures available for all courses; optional 7-day free trial on Personal Plan subscriptions (cancel before trial ends to avoid conversion).

Return & Refund Policy

30-Day Money-Back Guarantee

30-day money-back guarantee on all eligible individual course purchases (provided course content has not been substantially consumed or downloaded). Subscription fees are non-refundable once billed.

Buyer Protections

Verified Academic & Industry Partner

Lifetime access to purchased individual courses and future updates, verifiable certificate of completion, and direct student Q&A forums.

Key Purchase Protections
30-day 100% money-back guarantee on course purchases
Lifetime access on web, mobile, and offline
Certificate of completion included with purchase
Direct instructor Q&A and active student community
OpenCourser Verified Partner Policy details last reviewed: 2026-10-22
Our mission

OpenCourser helps millions of learners each year. People visit us to learn workspace skills, ace their exams, and nurture their curiosity.

Our extensive catalog contains over 50,000 courses and twice as many books. Browse by search, by topic, or even by career interests. We'll match you to the right resources quickly.

Find this site helpful? Tell a friend about us.

Affiliate disclosure

We're supported by our community of learners. When you purchase or subscribe to courses and programs or purchase books, we may earn a commission from our partners.

Your purchases help us maintain our catalog and keep our servers humming without ads.

Thank you for supporting OpenCourser.

© 2016 - 2025 OpenCourser