Online courses directory (682)

This free online course looks at the way in which the buying and selling of goods is accounted for in the merchandising sector as opposed to the manufacturing sector. As the inventory is the focus of such businesses, managing the accounts and finance related to purchasing, trade and chain discount, transport costs and invoice terms is critical as they are the major contributors to the gross profit. Students will also learn about the differences between perpetual and periodic inventory processes, both from a physical and accounting perspective. The learner will be walked through the process of calculating the cost of paying for goods as per the invoice terms, using borrowed monies, versus the cost of paying for them on the invoice due date. The learner will see how to calculate the cost of goods sold and see an example of a classified income statement used to calculate the net profit for this sector. This free online accounting course will be of great interest to entrepreneurs and business professionals who would like to better understand the management of stock and related cash flow for the wholesale and retail sectors, and to any learner who is interested in accounting as a future career.<br />

This course examines the underlying concepts, processes, and accountability function of accounting and the scientific foundation for why accounting fulfills such an important role in both ancient and modern societies.

Tom Kelley is the highly respected general manager of IDEO, a firm that helps its clients create innovative products, services and environments. He is also the author of best-selling books on creativity. <br /><br />In ALISON's free online course about achieving personal success, Kelley starts by explaining how achieving personal success depends on implementing good, healthy mental habits. The course explains how you should treat life as an experiment, how you should be willing to fail and learn from your mistakes. Kelley advises that you should have confidence in what you know well, but realize that you have a lot more to learn and that you must keep yourself learning at all times. You will also learn about using your whole brain and how you should make the most of opportunities to use the right side of the brain. <br /><br />This course will appeal to all working professionals in businesses and organizations, and students who want to gain greater knowledge and understanding about achieving personal success.<br />

Financial reports are used to see how a business is performing and therefore they should accurately reflect how the business performed during the period under review. The matching principle or accruals basis of an accounting system records more accurately the true revenues earned and costs paid for the period in question. The cost of rent and capital purchases are spread over the life of the purchase rather than distorting the accounts in the period the purchase was made. Likewise wages owing or interest payable is spread pulled into the period where they were used rather than when they were paid. In this free online accounting course students will learn how to determine if an account needs adjustment entries due to the matching principle concept. They will be introduced to the two classes and four types of adjustments resulting from unearned revenue, prepaid expenses, accrued expenses and accrued revenue, along with typical examples of each type of adjustment. Depreciation is explored in more detail as the effect on the balance sheet can be significant. This free online accounting course will be of great interest to entrepreneurs and business professionals who would like to get a thorough introduction to accounting principles, and to any learner who is interested in accounting as a future career.<br />

This course introduces interactive oral and interpersonal communication skills critical to leaders, including strategies for presenting to a hostile audience, running effective and productive meetings, active listening, and contributing to group decision-making. There are team-run classes on chosen communication topics, and an individual analysis of leadership qualities and characteristics. Students deliver an oral presentation and an executive summary, both aimed at a business audience.

In seven brand new modules, you will learn necessary tools to examine complex competitive situations and find solutions for them. This course is designed for those who are eager to find out more about how companies choose strategies to obtain competitive advantage.

This course focuses on recent developments in contract theory. Topics include: advanced models of moral hazard, adverse selection, mechanism design and incomplete contracts with applications to theory of the firm, organizational design, and financial structure.

14.461 is an advanced course in macroeconomics that seeks to bring students to the research frontier. The course is divided into two sections. The first half is taught by Prof. Iván Werning and covers topics such as how to formulate and solve optimal problems. Students will study fiscal and monetary policy, among other issues. The second half, taught by Prof. George-Marios Angeletos, covers recent work on multiple equilibria, global games, and informational fictions.

Professor Blanchard will discuss shocks, labor markets and unemployment, and dynamic stochastic general equilibrium models (DSGE models). Professor Lorenzoni will cover demand shocks, macroeconomic effects of news (with or without nominal rigidities), investment with credit constraints, and liquidity with its aggregate effects.

The class covers the analysis and modeling of stochastic processes. Topics include measure theoretic probability, martingales, filtration, and stopping theorems, elements of large deviations theory, Brownian motion and reflected Brownian motion, stochastic integration and Ito calculus and functional limit theorems. In addition, the class will go over some applications to finance theory, insurance, queueing and inventory models.

This course draws on a wide range of perspectives to explore the roots of long term competitive advantage in unusually successful firms. Using a combination of cases, simulations, readings and, most importantly, lively discussion, the course will explore the ways in which long term advantage is built from first mover advantage, increasing returns, and unique organizational competencies. We will focus particularly on the ways in which the actions of senior management build competitive advantage over time, and on the strategic implications of understanding the roots of a firm's success.

This half-semester course introduces and surveys a selection of cutting-edge topics in the field of real estate finance and investments. The course follows an informal "seminar" format to the maximum degree possible, with students expected to take considerable initiative. Lectures and discussions led by the instructors will be supplemented by several guest speakers from the real estate investment industry, who will present perspectives on current trends and important developments in the industry.

In analyzing fiscal issues, conventional public finance approaches focus mainly on taxation and public spending. Policymakers and practitioners rarely explore solutions by examining the fundamental problem: the failure of interested parties to act collectively to internalize the positive externalities generated by public goods. Public finance is merely one of many possible institutional arrangements for assigning the rights and responsibilities to public goods consumption. This system is currently under stress because of the financial crisis. The first part of the class will focus on collective action and its connection with local public finance. The second part will explore alternative institutional arrangements for mediating collective action problems associated with the provision of local public goods.

The objective of the seminar is to broaden the discussion of local public finance by incorporating collective action problems into the discourse. This inclusion aims at exploring alternative institutional arrangements for financing local public services in the face of severe economic downturn. Applications of emerging ideas to the provision of public health, education, and natural resource conservation will be discussed.

We all have a story. No matter where we are in our life’s journey; no matter our circumstances; we have something to share that has made us who we are. Capturing and examining our life stories increases our resilience and clarifies our place in the world. Join eight leaders and authors in exploring the power of these stories in our lives. Together, we will share our stories of family and community, work and career, college or school, and the financial, physical, and spiritual triumphs and challenges we have faced. Together, we will acknowledge and embrace those stories using them to ground us and to help us shape our futures. Focused on adult women but open to all, this unique course allows us to document privately, and to share if we wish, the meaningful stories that have been passed down to us and the stories of experiences that we have lived. Our hope is that each participant will draw new meaning and strength from this process.

This course examines the relation of advertising to society, culture, history, and the economy. Using contemporary theories about visual communications, we learn to analyze the complex levels of meaning in both print advertisements and television commercials.

Aggregate supply and demand are key concepts in macroeconomics as they help economists interpret events in the past to help predict the future. The aggregate supply curve model demonstrates the relationship between the overall price level of a country and the quantity of goods and services produced by the suppliers of that country, whereas the aggregate demand curve model demonstrates the quantity of goods and services produced domestically that consumers, businesses, the government and foreigners are willing to purchase during a particular period of time. This free online economics course first introduces the learner to the business cycle to show that the local economy is constantly expanding and contracting in response to changes in the global economy, technology and national and international politics. The course then introduces the concept of aggregate demand, how it shifts and how it is modelled. You will also learn about aggregate supply, and how changes in supply can be slower than changes in demand. This free online economics course will be of great interest to professionals in the areas of economics, finance, and business who would like to learn more about modelling aggregate supply and demand. It will also appeal to all learners interested in business, economics or political studies who would like to understand why the health of the economy is cyclical and why one event can have a significant effect on an economy.<br />

This course provides an overview of airline management decision processes with a focus on economic issues and their relationship to operations planning models and decision support tools. It emphasizes the application of economic models of demand, pricing, costs, and supply to airline markets and networks, and it examines industry practice and emerging methods for fleet planning, route network design, scheduling, pricing and revenue management.

This course will introduce you to the multidisciplinary field of consumer neuroscience and neuromarketing. It will go through to the basic concepts of the human brain, the elements of the consumer mind, how it is studied, and how its insights can be applied in commercial and societal understandings of consumer behaviour.

This course will provide a market-oriented framework for analyzing the major types of financial decisions made by corporations. Lectures and readings will provide an introduction to present value techniques, capital budgeting principles, asset valuation, the operation and efficiency of financial markets, the financial decisions of firms, and derivatives.

Imagine that you are a bank and a main part of your daily business is to lend money. Unfortunately, lending money is a risky business - there is no 100% guarantee that you will get all your money back. If the borrower defaults, you will face losses in your portfolio. Or, in a bit less extreme scenario, if the credit quality of your counterparty deteriorates according to some rating system, the loan will become more risky. These are typical situations in which credit risk manifests itself.

According to the Basel Accord, a global regulation framework for financial institutions, credit risk is one of the three fundamental risks a bank or any other regulated financial institution has to face when operating in the markets (the two other risks being market risk and operational risk). As the 2008 financial crisis has shown us, a correct understanding of credit risk and the ability to manage it are fundamental in today’s world.

This course offers you an introduction to credit risk modelling and hedging. We will approach credit risk from the point of view of banks, but most of the tools and models we will overview can be beneficial at the corporate level as well.

At the end of the course, you will be able to understand and correctly use the basic tools of credit risk management, both from a theoretical and, most of all, a practical point of view. This will be a quite unconventional course. For each methodology, we will analyse its strengths as well as its weaknesses. We will do this in a rigorous way, but also with fun: there is no need to be boring.

Thanks to the wonderful feedback of last year’s students, the course has been further improved.
Follow us on Twitter @CRMooc for updates and hints about the course.

FAQs

What is the estimated effort for course?
The total effort is 48 hours. You can decide for yourself when you will work on the course.

How much does it cost to take the course?

Nothing! The course is free.

Will the text of the lectures be available?

Yes. All of our lectures will have transcripts synced to the videos.

Do I need to watch the lectures live?

No. You can watch the lectures at your leisure.

Is this course related to campus courses of Delft University of Technology?

Yes, this course can be seen as an evolution of the WI3421TU Risk Management course, a compulsory course of the Minor Finance at TU Delft.