- Course type: Self-paced
- Available Lessons: 124
- Average Lesson Length: 8 min
Eligible for Credit: Yes
Earn transferable credit by taking this course for credit.
Watch a preview:chapter 1 / lesson 1What Is Corporate Finance? - Definition & Fundamentals
Course SummaryFinance 101: Principles of Finance has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universities. You can work through the course at your own pace use it as a resource for saving time and money on your degree.
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Course Practice TestCheck your knowledge of this course with a 50-question practice test.
- Comprehensive test covering all topics
- Detailed video explanations for wrong answers
The course objective is to give you a mastery of complex financial principles and the ability to apply knowledge to financial activities, such as examining financial statements and calculating interest rates.
Your grade for this course will be calculated out of 300 points. The minimum score required to pass and earn real college credit for this course is 210 points, or an overall course grade of 70%. The table below shows the assignments you must complete and how they'll be incorporated into the overall grade.
|Proctored Final Exam||200|
Quizzes are meant to test your comprehension of each lesson as you progress through the course. Here's a breakdown of how you will be graded on quizzes and how they'll factor into your final score:
- You will have 3 attempts to take each quiz for a score.
- The highest score of your first 3 attempts will be recorded as your score for each quiz.
- When you've completed the course, the highest scores from your first 3 attempts at each quiz will be averaged together and weighed against the total possible points for quizzes. For instance, if your average quiz score is 85%, you'll receive 85 out of 100 possible points for quizzes.
- After your initial 3 attempts, you can take a quiz for practice as many times as you'd like.
- You will need to pass each quiz with a score of at least 80% to earn course progress for the lesson. However, it is not necessary to earn 80% within the first three quiz attempts.
Proctored Final Exam
The proctored final exam is a cumulative test designed to ensure that you've mastered the material in the course.
- You'll earn points equivalent to the percentage grade you receive on your proctored final. (So if you earn 90% on the final, that's 180 points toward your final grade.)
- If you're unsatisfied with your score on the exam, you'll be eligible to retake the exam after a 3-day waiting period.
- You can only retake the exam twice, so be sure to use your study guide and fully prepare yourself before you take the exam again.
Items Allowed on Study.com Proctored Exam for Finance 101:
- A non-graphing, scientific calculator
- Blank scratch paper
- Pen or pencil
Items NOT Allowed on Study.com Proctored Exam for Finance 101:
- Graphing calculators
- Office programs, web browsers, or any programs other than Software Secure (including Study.com lessons)
- Textbooks (digital or physical)
- Mobile phones, headphones, speakers, TVs, radios
- Notebooks or notes
Upon completion of this course, you will be able to:
- Recognize and explain types and goals of financial management, business organizations, and agency relationships
- Examine types of financial documents, including balance sheets and financial statements, and determine changes in cash flow
- Diagram the financial planning process, growth rates, and planning models
- Calculate valuation of money, investments, and compounding interest
- Compute returns and distributions using various formulas
- Explain the financial life cycle in regards to selling procedures, underwriting, and dilution of stock ownership
- Describe cash and stock dividends and how stocks can be repurchased or split
- Decide how to manage cash disbursements by considering cash float, cash collection, and investment models
- Analyze the foreign currency exchange, purchasing power, forward rates, and international budgeting and finance
There are no prerequisites for this course.
Finance 101 consists of short video lessons that are organized into topical chapters. Each video is approximately 5-10 minutes in length and comes with a quick quiz to help you measure your learning. The course is completely self-paced. Watch lessons on your schedule whenever and wherever you want.
At the end of each chapter, you can complete a chapter test to see if you're ready to move on or have some material to review. Once you've completed the entire course, take the practice test and use the study tools in the course to prepare for the proctored final exam. You may take the proctored final exam whenever you are ready.
How Credit Recommendations Work
This course has been evaluated and recommended by both ACE and NCCRS for 3 semester hours in the lower division baccalaureate degree category. To apply for transfer credit, follow these steps:
- If you already have a school in mind, check with the registrar to see if the school will grant credit for courses recommended by either ACE or NCCRS.
- Complete Finance 101 by watching video lessons and taking short quizzes.
- Take the Finance 101 final exam directly on the Study.com site.
- Request a transcript to be sent to the accredited school of your choice!
- Check out this page for more information on Study.com's credit-recommended courses.
|Introduction to Corporate Finance||Learn the types and goals of financial management and business organizations, agency relationships and differences between primary and secondary markets.|
|Financial Statements, Taxes & Cash Flow||Explore the components of balance sheets and income statements. Determine various tax rate formulas and how cash flow changes.|
|Financial Statement Basics||Study the types of financial statements that depict various sources of cash flow and liquidity ratios.|
|Long-Term Financial Planning & Growth||Examine the financial planning process, types of planning models, financial growth rates, external financing and percentage of sales method.|
|Introduction to Valuation Methods||Find out how calculate the present and future valuation of money and investments.|
|Discounted Cash Flow Valuation||Learn the compounding interest formulas, loan types and future and present values of cash flows in addition to defining annuity and perpetuity.|
|Interest Rates & Bond Valuation||Examine bond financing, markets and yields, real vs. nominal interest rates, bond ratings and long-term debt and indenture basics.|
|Stock Valuation||Define stock, stock valuation and growth, dealer and broker roles and how the New York Stock Exchange operates.|
|Net Present Value & Investment Basics||Explore payback analysis and discounted payback period, average accounting return, internal and modified rates of return, profitability index and capital budgeting.|
|Capital Investment Decisions||Take a look at the function and operation of incremental and project cash flows, the effects of depreciation on cash flows and pro forma financial statements.|
|Accounting Risk & Return||Explore the history and efficiency of capital market and price behavior and learn formulas to determine various returns and distributions.|
|Return, Risk & the Security Market Line||Cover the basics of portfolio weights, returns and variances, systematic risk principles and security market line.|
|Options & Corporate Finance||Explore stock option basics including stocks, payoffs, calls and puts. Understand the differences between warrants and call options, as well as the fundamentals of option valuation.|
|Cost of Capital||Analyze cost capital versus return and financial policy and the dividend growth model, pure play and subjective approaches. Study cost of debt, divisional capital cost, specific discount rates, flotation costs, weighted average cost of capital, capital structure weights and taxes.|
|Financial Leverage & Capital Structure||Learn the fundamentals of corporate borrowing, leverage and types of bankruptcy costs.|
|Dividends & Dividend Policy||Explore cash and stock dividends, payments and payouts, repurchasing stocks, stock splits and clientele effect on information content of dividends.|
|Short-Term Financing & Planning||Review cash and operating cycles, cash balance and budgeting, short-term borrowing, cash tracking and net working capital.|
|Cash & Liquidity Management||Examine when to hold cash and how to manage disbursements. Learn about cash float, cash collection and investing and the influence of BAT and Miller-Orr models.|
|Credit & Inventory Management||Discover the components of credit policy, granting credit, credit function organization, inventory management and monitoring collection receivables.|
|International Corporate Finance||Explore the foreign currency exchange, purchasing power, interest rate parity, the international Fisher effect, forward rates, international capital budgeting and international corporate finance.|
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What to Expect For the Exam
This Study.com course has been evaluated and recommended for college credit. Once you've completed this course, you can take the proctored final exam and potentially earn credit. Follow the steps below to take the exam.
Before taking the exam, all of the following requirements must be met:
|A College Accelerator Study.com membership.|
|Completed the entire Finance 101: Principles of Finance course and achieved 100% Course Progress.|
|Not attempted to take this exam within the last three days.|
|Have available proctored exams in this month of membership.|
|Complete the exam readiness quiz.|
Please complete all of the pre-requirements in the Pre-Exam Checklist in order to take the exam.
Exam Process Details
1. Register For Exam
Registering for the exam is simple. First, be sure you meet the system requirements. Next, you'll need to agree to the academic integrity policy. Then just confirm your name and the exam name, and you're ready to go!
2. Download Software Secure
You'll receive an unique access code. Please write this down — you'll need it to take the exam. Then download Software Secure and follow the installation instructions.
3. Take Exam
The exam contains 50 - 100 multiple choice questions. You will have two hours to complete the exam, so don't start until you're sure you can complete the entire thing. And remember to pace yourself!
4. Get Exam Results
We will send you an email with your official exam results within 1 to 2 weeks. If you would like to raise your grade after receiving your exam results, you can retake quizzes with fewer than 3 attempts. You will then need to retake the final exam.
Earning College Credit
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