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Foundations of Modern Finance I

A mathematically rigorous framework to understand financial markets delivered with data-driven insights from MIT professors.

Foundations of Modern Finance  I

There is one session available:

50,097 already enrolled! After a course session ends, it will be archived.
Started Sep 22
Ends Dec 20
Estimated 12 weeks
10–14 hours per week
Instructor-paced
Instructor-led on a course schedule
Free
Optional upgrade available

About this course

Skip About this course

This is a two-part course, and part of the MicroMasters® Program in Finance. It provides a rigorous and comprehensive introduction to the fundamentals of modern finance and their applications to business challenges in valuation, investments, and corporate financial decisions under a unified framework.

Completing this first course and program will help you prepare for a career as a financial analyst, financial advisor, vice president for finance, chief financial officer, and more.

Finance provides a core function in any productive economy by providing a mechanism for savings, investment, and liquidity. Whether the learner is in a industrialized country or a developing country, financial services are essential for smooth functioning of the economy.

The course is excellent preparation for anyone planning to take the CFA exams.

At a glance

  • Institution: MITx
  • Subject: Economics & Finance
  • Level: Advanced
  • Prerequisites:
    • Basic Probability and Statistics;
    • Calculus
  • Language: English
  • Video Transcript: English
  • Associated programs:

What you'll learn

Skip What you'll learn
  • Valuation of fixed income securities and common stocks
  • Risk analysis, the Arbitrage Pricing Theory (APT), and the Efficient Market Hypothesis
  • Introduction to corporate finance and capital budgeting
  • Valuation of derivative securities
  • Portfolio theory and the Capital Asset Pricing Model (CAPM)
  • Corporate financial decisions
    • Real options, capital structure, payout policy, corporate bonds; and
    • Interaction between investment and financing decisions

About the instructors

Who can take this course?

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