This course will introduce you to frameworks and tools to measure value; both for corporate and personal assets. It will also help you in decision-making, again at both the corporate and personal levels.
A challenging class presented by a likeable lecturer. Access to Microsoft Excel or a financial calculator is a must. I give it five stars for the tremendous amount of material that I learned, but it's not quite perfect. Some of the assignment questions are poorly written and their meaning was open to interpretation. Reading the discussion boards for clarification was very helpful here. Also I would have preferred more real-world worked problems in the lectures. I took the second iteration of the class in which two modules were released at three-week intervals (15 weeks total). I think I would have preferred the schedule of the original offering (1 module per week, 10 weeks total). By the time each unit was released I had forgotten much of what I learned 3 weeks earlier.
In contrast with most courses I have taken in Coursera, this Introduction to Finance course is not self-contained and requires that you learn the subject on your own using external resources not included with this course. The provided videos are not aligned to Assignments/Quizzes complexity level and will not help address these. At the same time, after past deadlines, Assignments/Quizzes feedback/answers are not available so that you learn and improve what you did wrong.
I liked that Assignments/Quizzes were challenging, specially since some of them are from real world scenarios. The videos could have been easily design to spend more time going over examples that talking about taking a break to grab a cup of coffee or watch a youtube video or do yoga. In summary, videos need an update so that they are aligned to the Assignments/Quizzes complexity levels. There are plenty of other Coursera courses that could serve as guideline on how to properly design a self-contained MOOC.
Finally, it is a free course... I guess I got what I paid for. Maybe the course was designed with that intention?
This is the course I have taken so far with the longest videos (around 20 minutes each, lots of them), least useful information in each video, and assigments nowhere near the content of the videos. Find another course for introduction to finance.
This was a frustrating class. The first few weeks were awesome, but then things started to deteriorate. There were four main problems: 1) Principles were explained in a very simple way, but never presented in their complicated real-life settings during class. Instead, a lot of the practical applications were presented in increasingly difficult and complicated quiz questions. This leads to 2) The correct answers were never provided for the quizzes, which you could only take twice. So if you got a question wrong you couldn't tell if you misplaced a period, misunderstood the question, or completely got the principle wrong. If you didn't get it right the first or second time on your own, tough luck, no learning for you. I'm a smart guy and I usually do very well on exams, so I was okay there except for the thing which bothered me the most: 3) The quizzes, and the course itself, lacked rigor. When we learned a concept the professor shared his thoughts (and feelings) on it, but these were generally not tried and true refined principles. Rather they were short phrases in incomplete sentences that didn't make sense until they were explained, and they weren't explained very logically at times. In the quizzes, the questions didn't always clearly explain all of the details, or explained them in a misleading way. English is a very demanding language, a misplaced or poorly chosen word completely changes the meaning of a sentence. A missing word leads to more confusion. I know the word is missing, I know it appears to him to be so obvious he doesn't think he needs to say it, but I can think of two different meanings for this statement by inserting a different missing adjective or noun in a different place. I found myself trying to put myself in his head and guess what he was trying to say. More than a few times I got questions right by thinking "the question says this, but I know he means that". It seemed to me from the forums that the Indian students could understand him better than the American students, and you can also see that from the reviews here. 4) Finally, there was material that had to be learned for the class that was not taught in the class.
What ended up happening was people got frustrated. Unwilling to waste their chance of passing the class by messing up the quizzes, many people turned to cheating using methods I will not discuss for the integrity of future courses. In summary, there was very simplistic teaching that left a lot to be desired, poorly designed quiz questions, and zero helpful feedback to help anyone who was struggling. Every professor has their quirks, but the fact that the quizzes were used so heavily as teaching tools but the correct answers were not only not provided, but were clearly banned from discussion between students in order to protect the integrity of future classes, all while cheating was so rampant and obvious just killed this course for me. I don't care what the intentions were, what actually happened was that people with no morals received a better experience, and a certificate, while honest people learned less and flunked the course. When we attempt to do good things we need to use our brains to do it right. The answers to the quizzes should be provided so people could learn from their mistakes, and some values can be changed for the quiz questions for the next class so that the answers aren't the same. If professor Gautam put as much passion into educating us as he did in convincing us he is a super nice guy the course would have been awesome.
Excellent class, very informative and fun to watch. Professor Kaul is outstanding instructor. Thanks a lot for your passion and wisdom that made learning not very fun subject such as finance a truly enjoyable. Highly recommended.