Basilio C.
Before 365:
IT Assistant | UNDP Guinea-Bissau
After 365:
Data Scientist | Orange Bissau
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Online Course
Math for Finance
with
Ned Krastev
Master financial mathematics: apply key mathematical techniques for improved financial decision-making
12,137 students already enrolled
Skill level:
Basic
Duration:
3 hours
-
Lessons (3 hours)
-
Practice exams (20 minutes)
-
Projects (2 hours)
- Lessons (3 hours)
- Practice exams (20 minutes)
- Projects (2 hours)
CPE credits:
6
CPE stands for Continuing Professional Education and represents the mandatory credits a wide range of
professionals must earn to maintain their licenses and stay current with regulations and best
practices. One CPE credit typically equals 50 minutes of learning. For more details, visit NASBA's
official website: www.nasbaregistry.org
CPE stands for Continuing Professional Education and represents the mandatory credits a wide range of
professionals must earn to maintain their licenses and stay current with regulations and best
practices. One CPE credit typically equals 50 minutes of learning. For more details, visit NASBA's
official website: www.nasbaregistry.org
Accredited
certificate
What you learn
- Identify the key principle of the time value of money
- Differentiate between the core components that determine bank interest rates
- Compare present and future cash flows to make informed financial decisions
- Calculate investment returns
- Use advanced tools such as Net Present Value (NPV) and Internal Rate of Return
- Apply financial math concepts such as discounting, compounding, and annuities
Topics & tools
ValuationFinancial AnalysisFinancial ModelingFinance FundamentalsDCFExcelCorporate FinanceTheoryFinancial MathFinance Theory
Your instructor
Founder & CEO, 365 Careers | Co-founder, 365 Data Science
Track record
Bringing real-world expertise from leading global companies
Academic background
Master's degree, Finance
Media and recognition
- Named by Forbes Bulgaria among the most successful in online ed
- 1.6M+ students in 210+ countries
- Courses used by employees at 80% of Fortune 500 companies
Course OVERVIEW
Description
CPE Credits: 6
Field of Study: Finance
Delivery Method: QAS Self Study
Delivery Method: QAS Self Study
Math is a critical skill for any successful financial analyst. Much of the work entails evaluating capital projects and selecting investments. To carry out these tasks accurately, you must understand the mathematics behind time value of money problems.
In this Math for Finance course, you will learn critical mathematical concepts required for a career in financial analysis, corporate finance, investment banking, risk management, private equity, financial planning and analysis, and many more.
You will learn about the time value of money and why money is more valuable today than tomorrow. We also introduce the concept of interest rates and examine the premiums that compensate investors for bearing risk.
By the end of the financial mathematics course, you will know how to solve time value of money problems in Excel for different frequencies of compounding. You will also learn to calculate and interpret the future and the present value of a single sum of money, an ordinary or annuity due, perpetuity, and a series of unequal cash flows.
We explain the differences between the effective and annual interest rates, the importance of compounding frequency, and how it affects the future and the present value of our investments.
Next, the finance mathematics course covers two of the most common metrics for estimating capital budgeting projects’ profitability: the Net Present Value (NPV) and the Internal Rate of Return (IRR). We contrast the two measures and identify problems associated with the IRR rule. Then, we introduce the most common investment and portfolio return measures: the Holding Period Return and the Money-Weighted and Time-Weighted Rate of Return.
Our Math for Finance course also touches on several fixed income investment topics, such as bond valuation and yields. You will learn how to calculate the most common yield measures—current yield and yield to maturity. We also introduce the most important Excel functions that you need to calculate them. Lastly, we examine the different money market instruments and their specific yield measures, such as the money market, effective annual, and bond equivalent yields.
Math for Finance is the must-have course for anyone looking to excel in finance. It covers key mathematical concepts and their real-world applications, equipping you with the knowledge to understand financial markets and make informed investment decisions. Whether you're a student or a seasoned professional, this course will give you a competitive edge. Enroll today and master the math behind financial markets.
Prerequisites
- A basic knowledge of high school math is necessary to follow along with the course
Advanced preparation
- None
Curriculum
40 lessons
46 exercises
1 project
2 exams
- 2. Moving Money Through Time39 minIn this section of the financial mathematics course, we examine the relationship between present and future value and learn how to move money through time. We discuss the importance of compounding frequency, how it affects the present and future value of our investments, and the different types of cash flow streams. Lastly, you will learn how to calculate the future and the present value of ordinary and annuity due and unequal cash flows.39 minIn this section of the financial mathematics course, we examine the relationship between present and future value and learn how to move money through time. We discuss the importance of compounding frequency, how it affects the present and future value of our investments, and the different types of cash flow streams. Lastly, you will learn how to calculate the future and the present value of ordinary and annuity due and unequal cash flows.Section 2: Learning ObjectivesThe Relationship Between PV and FVMoving Money Through TimeThe Effect Of Compounding FrequencyExerciseOrdinary AnnuityAnnuity DuePerpetuityGrowing PerpetuityFV and PV Of Unequal Cash FlowsExercise
- 3. Modeling and Solving Time Value of Money Problems21 minIn this core section of the Math for Finance course, you will learn to model and solve time value of money problems. We show you how to obtain the size of annuity payments manually and in Excel. You will learn how to calculate the number of years it takes to reach your financial goal and find investments' growth rates. At the end of this section, we examine the cash flow additivity principle.21 minIn this core section of the Math for Finance course, you will learn to model and solve time value of money problems. We show you how to obtain the size of annuity payments manually and in Excel. You will learn how to calculate the number of years it takes to reach your financial goal and find investments' growth rates. At the end of this section, we examine the cash flow additivity principle.Section 3: Learning ObjectivesSolving for the Size of Annuity PaymentsCalculate the Number of Years It Takes to Reach Your Financial GoalWhat Is The Rate Of Return On My InvestmentThe Cash Flow Additivity PrincipleExercise
- 4. NPV and IRR34 minHaving covered interest rates, we can discuss several discounted cash flow applications. In this practical section, we introduce the Net Present Value and Internal Rate of Return techniques. They help us determine whether a project is feasible and advantageous from a financial perspective. Finally, you will learn how to choose the most profitable project when the two measures produce conflicting results.34 minHaving covered interest rates, we can discuss several discounted cash flow applications. In this practical section, we introduce the Net Present Value and Internal Rate of Return techniques. They help us determine whether a project is feasible and advantageous from a financial perspective. Finally, you will learn how to choose the most profitable project when the two measures produce conflicting results.Section 4: Learning ObjectivesNet Present Value (NPV)Net Present Value (Calculation)Internal Rate of Return (IRR)NPV vs IRRExercise
- 5. Return Measures27 minThis section of the finance mathematics course is dedicated to the different return measures. First, we examine the holding period yield, the logarithmic return, and the differences between them. Then, we explore the two most common portfolio return measurements: the Money-Weighted Rate of Return and the Time-Weighted Rate of Return.27 minThis section of the finance mathematics course is dedicated to the different return measures. First, we examine the holding period yield, the logarithmic return, and the differences between them. Then, we explore the two most common portfolio return measurements: the Money-Weighted Rate of Return and the Time-Weighted Rate of Return.Section 5: Learning ObjectivesThe holding period returnLog ReturnArithmetic vs Geometric Mean ReturnMoney-weighted rate of returnTime-weighted rate of returnExercise
- 6. Bond Pricing and Yields42 minIn the final section of the Math for Finance course, we discuss bond pricing and yields. You will learn how to calculate yield measures, such as current yield and yield to maturity, and determine whether a bond trades at a discount, par, or premium. At the end of this section, we examine the short-term debt market. You will learn how to calculate different money market yields, such as the bank discount, effective annual, and money market yields.42 minIn the final section of the Math for Finance course, we discuss bond pricing and yields. You will learn how to calculate yield measures, such as current yield and yield to maturity, and determine whether a bond trades at a discount, par, or premium. At the end of this section, we examine the short-term debt market. You will learn how to calculate different money market yields, such as the bank discount, effective annual, and money market yields.Section 6: Learning ObjectivesIntroductionPar ValueValuing a BondBond YieldBank Discount YieldMoney Market Instruments (Yield Measures)Yield Measures (Conversion)Exercise
- 7. Course project and exam168 min168 minApplied Financial Math for Decision-Making Project FreeCourse exam
Free lessons
1.2 Course Introduction
3 min
1.3 Time Value of Money (Key Concepts)
5 min
1.4 The Timeline
3 min
1.5 Interest Rate (Interpretations)
3 min
1.6 Interest Rate (Components)
5 min
1.7 The Effective Annual Rate (EAR)
3 min
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365 Data Science.
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successfully change
or advance their careers.
9 in 10
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ACCREDITED certificates
Craft a resume and LinkedIn profile you’re proud of—featuring certificates recognized by leading global
institutions.
Earn CPE-accredited credentials that showcase your dedication, growth, and essential skills—the qualities
employers value most.
Certificates are included with the Self-study learning plan.
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