Online courses directory (323)
In today’s world, managerial decisions are increasingly based on data-driven models and analysis using statistical and optimization methods that have dramatically changed the way businesses operate in most domains including service operations, marketing, transportation, and finance.
The main objectives of this course are the following:
- Introduce fundamental techniques towards a principled approach for data-driven decision-making.
- Quantitative modeling of dynamic nature of decision problems using historical data, and
- Learn various approaches for decision-making in the face of uncertainty
Topics covered include probability, statistics, regression, stochastic modeling, and linear, nonlinear and discrete optimization.
Most of the topics will be presented in the context of practical business applications to illustrate its usefulness in practice.
The Alaska Oil Pipeline is one example of a massive public private partnership. Learn how project finance principles and concepts are used in this deal and others, as well as how the legal and operating environment and customer segments impact these partnerships.
In addition to the Alaska Oil Pipeline, we’ll review other major PPPs including Eurotunnel, San Roque Hydroelectric Dam, Euro Disneyland, Albania Cell Phone, and Emirates Aluminum. You’ll also learn about the lender checklist and go over a case study in the United States before wrapping up this course.
This course is part of the New York Institute of Finance’s popular Project Finance and the Public Private Partnerships Professional Certificate program.
In this course, we will review multiple case studies and transactions to recognize how to select the best deal for an investment.
We’ll look at the different players in a deal and understand what the risks are.
This course is part of the New York Institute of Finance’s popular Project Finance and the Public Private Partnership Professional Certificate program.
Topics include productivity effects of health, private and social returns to education, education quality, education policy and market equilibrium, gender discrimination, public finance, decision making within families, firms and contracts, technology, labor and migration, land, and the markets for credit and savings.
This free certificate in accounting course looks in-depth at the transactions, processes and controls used to record typical transactions in a business. <br /><br />In sales, you will learn how to handle returns, discount and freight charges as well as working out the cost of goods sold. In inventory, you will see the two different methods of counting inventory, periodic and perpetual, as well as the different methods of calculating value of the inventory and the associated journal transactions to record the necessary adjustments. <br /><br />To help manage the cash assets within a company, the different controls and best practices are outlined with examples of documents and processes given for both checking accounts and petty cash. Samples of adjusting journals are given and the importance and use of the quick ratio are explained. This is followed with details on how to manage the accounts receivables, from calculating the provision for uncollectable accounts to the use of aged analysis. Similarly in accounts payable you will see how to make provision for both the known and unknown liabilities as well as how to use payable notes as for of short term finance. <br /><br />This free diploma of accounting course will be of great interest to entrepreneurs and business professionals who would like to better understand the transactions and controls used in business, and to any learner who is interested in accounting as a future career.<br />
Statistics and statistical methods play a major role in the work environment in areas such as business, science, finance, economics, engineering to mention just a few. It is very important that people are comfortable with reading statistics and using statistical methods. This free online Diploma in Statistics will give you the knowledge and understanding of basic statistical methods such as sampling and collecting data, probability, distributions, regression analysis. By completing this course you will gain the knowledge and understanding to confidently read statistics and apply statistical methods within your daily working environment.
The free online course Diploma in Sustainable Business provides a broad overview of the core concepts of sustainability. It highlights some of the benefits, opportunities and challenges associated with sustainable business practices. It also discusses many real-world business examples of sustainability in action. <br /><br />The course begins by introducing you to the concept of sustainability and sustainable business and explaining why running a sustainable business is a popular and beneficial venture. You will learn about the Triple Bottom Line; a business’s contribution to social justice, environmental quality, and economic prosperity and how it is addressed by the sustainable business. You will learn the science behind business sustainability. You will learn how sustainability involves having an understanding of the relationship between business, humanity, and nature. You will also learn about Earth’s history and ecology and the importance of healthy ecosystems to human society. You will learn why a sustainable business should consider the impact of their actions on the earth’s key resources. <br /><br />Next, you will be introduced to the concept of accountability in business and learn why accountability is essential in running a sustainable business. You will learn how businesses use sustainability reporting in order to communicate and be accountable for their actions. You will learn about how sustainable businesses deal with human resource issues. You will learn about the relationship between finance and running a sustainable business. <br /><br />The course continues by introducing you to the process of entrepreneurship and how entrepreneurs can run sustainable businesses whilst undertaking sustainable practices. You will learn the importance of innovation when running a sustainable business. You will learn about the sustainable fuelling company Simply Green Biofuels and follow its journey from the beginning, learning about challenges it faced and success it achieved. Through this you will gain a stronger understanding how sustainability can be linked with entrepreneurship and how sustainability entrepreneurship can be a successful and worthwhile venture.<br /><br />Finally, you will be introduced to the practice of sustainable business marketing. You will learn that ways in which a business creates a strong sustainability marketing strategy in order to be successful. You will be introduced to the marketing mix and how it can be based on sustainability principles for an effective sustainable marketing approach. You will learn the importance of market segmentation in order to tailor marketing efforts to consumers that are best aligned as potential buyers or customers of a product or service. You will learn about the various market barriers and business risks that need to be considered when marketing sustainable products and services.<br /><br />This free Diploma in Sustainable Business will be of great interest to business professionals, marketers, and eco-entrepreneurs who would like to know what is involved in running a sustainable business and how this can benefit the economy, society, and the environment.
Discrete stochastic processes are essentially probabilistic systems that evolve in time via random changes occurring at discrete fixed or random intervals. This course aims to help students acquire both the mathematical principles and the intuition necessary to create, analyze, and understand insightful models for a broad range of these processes. The range of areas for which discrete stochastic-process models are useful is constantly expanding, and includes many applications in engineering, physics, biology, operations research and finance.
In this course, we’ll look at project documents – overview and types.
First, we’ll cover finance, security and support documents. Next, we'll cover rating agencies. The debt rating agencies are important in many project financing. We’ll also cover the loan syndication process and finally wrap up with a scenario where you’ll learn how to bring a distressed project back to life.
This course is part of the New York Institute of Finance’s popular Project Finance and the Public Private Partnership Professional Certificate program.
If you are an entrepreneur, one of your priorities, in addition to building your company, is ensuring you have enough money at the right times. Early Stage Capital will consider a broad range of questions that entrepreneurs deal with on this front, including the following: What should your strategy and your priorities be in raising early stage capital? What are the market norms and standards in structuring VC deals? What are the critical negotiating strategies and tactics? How will your company be valued? How can you obtain the optimal valuation for your new venture? What are the critical elements in the relationship between venture capitalists and entrepreneurs? How is the "venture model" evolving? Is it broken? What is the impact of Super Angels and micro VCs?
These are key questions that face all entrepreneurs in 2010, particularly first-time entrepreneurs. This course aims to prepare you for these decisions, as either a potential entrepreneur or venture capitalist. Using live interactions with leading figures in the venture finance community, most of the class sessions will analyze fundamental strategies of the venture-capital investment process and the critical importance of the relationship between entrepreneur and investor. As well, we will have a tactical focus on demystifying the legalities and jargon of the term sheet and the "A round" financing process. Significantly for 2010, we will also frequently consider the rapid and arguably fundamental change in VC today as the "lean startup" model threatens much of the traditional role and value of the venture investor.
Disclaimer: The websites for this course and the materials they offer are provided for educational use only. They are not a substitute for the advice of an attorney and no attorney-client relationship is created by using them. All materials are provided "as-is", without any express or implied warranties.
In this course, you will look at the properties behind the basic concepts of probability and statistics and focus on applications of statistical knowledge. You will learn about how statistics and probability work together. The subject of statistics involves the study of methods for collecting, summarizing, and interpreting data. Statistics formalizes the process of making decisions, and this course is designed to help you use statistical literacy to make better decisions. Note that this course has applications for the natural sciences, economics, computer science, finance, psychology, sociology, criminology, and many other fields. We read data in articles and reports every day. After finishing this course, you should be comfortable evaluating an author's use of data. You will be able to extract information from articles and display that information effectively. You will also be able to understand the basics of how to draw statistical conclusions. This course will begin with descriptive statistic…
Public Finance rests at the intersection of two disciplines: Public Economics and Public Choice. Public Economics deals with issues of social optimality: how much of a good (or ill) does a society desire (or tolerate), and how do we incentivize producers and consumers to attain that amount? Public economics concerns itself with externalities, which are costs that are borne by persons not involved in a market transaction. There are both positive and negative externalities; public economists want to know how we get more of the good and less of the bad. Public choice is the field of economics that looks into the behavior of voters, politicians, and bureaucrats and studies how they choose given different policy institutions. The field of Public Finance studies the interaction between these two disciplines, asking questions like: How do the incentives of the political actors shape the policies they craft? How does that in turn affect the outcomes in the marketplace? Alternately, students of Public Fi…
Taught by instructors with decades of experience on Wall Street, Electronic Trading in Financial Markets is a comprehensive study of the impact of technology on financial market systems.
This economics and finance course provides students with a foundation in market structure (what is ‘liquidity?’) before building to introduce electronic trading fundamentals (order books) and advanced electronic trading techniques (algorithmic trading). Learners will study the history of technology in markets, the details of electronic trading protocols and the impact of innovation on market structure.
This course is broken down into 6 modules:
- Module 1: Fundamentals of Market Structure
- Module 2: Fundamentals of Electronic Trading
- Module 3: Mechanics of an Order Book
- Module 4: Advanced Electronic Trading
- Module 5: Electronic Trading in Fixed Income
- Module 6: Innovation Guidelines
Upon completion of this course, participants will receive a certificate bearing the New York Institute of Finance (NYIF) name. A NYIF certificate, highly valued in the financial industry, will bolster a resume or LinkedIn profile and prove the skills you’ve gained to potential employers.
Enterprise Resource Planning Systems are used for companies of all size and within any industry to record their business activities. By understanding concepts of ERP systems and business processes, you will be able to differentiate ERP systems from other business systems.
You will be able to make critical decisions accurately when you company is changing business systems or upgrading to ERP systems.
What you will learn?
- Evolution of ERP System
- Core Concepts of ERP
- Business Functions Overview in Commercial ERP Systems
- Business Processes in Finance and Accounting
- Business Processes in Human Resources
- Business Processes in Logistics and Supply Chain
- Business Processes in Sales and Services
- Business Processes in Product Life-cycle and Production
- Components of Modern ERP Systems
- Value Drivers and Differentiators
- Forces for Successful ERP Implemenation
- Open Source and Commercial ERP systems and Providers
15.431 Entrepreneurial Finance examines the elements of entrepreneurial finance, focusing on technology-based start-up ventures and the early stages of company development. The course addresses key questions which challenge all entrepreneurs: how much money can and should be raised; when should it be raised and from whom; what is a reasonable valuation of the company; and how should funding, employment contracts and exit decisions be structured. It aims to prepare students for these decisions, both as entrepreneurs and venture capitalists. In addition, the course includes an in-depth analysis of the structure of the private equity industry.
This course provides a progressive, holistic, Christian theological framework, in dialogue with other religious traditions, for wise personal and institutional financial stewardship.
The course explores ways we connect faith and money in multiple areas of our lives. It seeks to increase financial literacy in religious leaders; offering practical steps to reduce indebtedness and execute theologically and ethically informed financial planning; both as individuals and as leaders within their respective institutions. The course offers guidance on building healthy nonprofit organizations and carrying out values-based fundraising.
Videos on finance and macroeconomics. Introduction to interest. Interest (part 2). Introduction to Present Value. Present Value 2. Present Value 3. Present Value 4 (and discounted cash flow). Introduction to Balance Sheets. More on balance sheets and equity. Home equity loans. Renting vs. Buying a home. Renting vs. buying a home (part 2). Renting vs. Buying (detailed analysis). The housing price conundrum. Housing price conundrum (part 2). Housing Price Conundrum (part 3). Housing Conundrum (part 4). What it means to buy a company's stock. Bonds vs. Stocks. Shorting Stock. Shorting Stock 2. Is short selling bad?. Chapter 7:Bankruptcy Liquidation. Chapter 11: Bankruptcy Restructuring. Return on capital. Credit Default Swaps (CDS) Intro. Mortgage Back Security Overview. Collateralized Debt Obligation Overview. Mortgage-Backed Securities I. Mortgage-backed securities II. Mortgage-backed securities III. Collateralized Debt Obligation (CDO). Introduction to the yield curve. Introduction to compound interest and e. Compound Interest and e (part 2). Compound Interest and e (part 3). Compound Interest and e (part 4). Bailout 1: Liquidity vs. Solvency. Bailout 2: Book Value. Bailout 3: Book value vs. market value. Bailout 4: Mark-to-model vs. mark-to-market. Bailout 5: Paying off the debt. Bailout 6: Getting an equity infusion. Bailout 7: Bank goes into bankruptcy. Bailout 8: Systemic Risk. Bailout 9: Paulson's Plan. Bailout 10: Moral Hazard. Credit Default Swaps. Credit Default Swaps 2. Investment vs. Consumption 1. Investment vs. Consumption 2. Bailout 11: Why these CDOs could be worth nothing. Bailout 12: Lone Star Transaction. Bailout 13: Does the bailout have a chance of working?. Wealth Destruction 1. Wealth Destruction 2. Bailout 14: Possible Solution. Bailout 15: More on the solution. Banking 1. Banking 2: A bank's income statement. Banking 3: Fractional Reserve Banking. Banking 4: Multiplier effect and the money supply. Personal Bankruptcy: Chapters 7 and 13. Introduction to Compound Interest. The Rule of 72 for Compound Interest. Annual Percentage Rate (APR) and Effective APR. Introduction to Bonds. Relationship between bond prices and interest rates. Introduction to Mortgage Loans. Traditional IRAs. Roth IRAs. 401(k)s. Payday Loans. Institutional Roles in Issuing and Processing Credit Cards. Ponzi Schemes. Currency Exchange Introduction. Currency Effect on Trade. Currency Effect on Trade Review. Pegging the Yuan. Chinese Central Bank Buying Treasuries. American-Chinese Debt Loop. Debt Loops Rationale and Effects. American Call Options. Basic Shorting. American Put Options. Call Option as Leverage. Put vs. Short and Leverage. Call Payoff Diagram. Put Payoff Diagram. Long Straddle. Put as Insurance. Put-Call Parity. Put Writer Payoff Diagrams. Call Writer Payoff Diagram. Arbitrage Basics. Put-Call Parity Arbitrage I. Put-Call Parity Arbitrage II. Put-Call Parity Clarification. Actual Option Quotes. Option Expiration and Price. Forward Contract Introduction. Futures Introduction. Motivation for the Futures Exchange. Futures Margin Mechanics. Verifying Hedge with Futures Margin Mechanics. Futures and Forward Curves. Contango from Trader Perspective. Severe Contango Generally Bearish. Backwardation Bullish or Bearish. Futures Curves II. Contango. Backwardation. Contango and Backwardation Review. Upper Bound on Forward Settlement Price. Lower Bound on Forward Settlement Price. Arbitraging Futures Contract. Arbitraging Futures Contracts II. Cash Accounting. Accrual Basis of Accounting. Comparing Accrual and Cash Accounting. Balance Sheet and Income Statement Relationship. Basic Cash Flow Statement. Doing the example with Accounts Payable growing. Expensing a Truck leads to inconsistent performance. Depreciating the truck. Depreciation in Cash Flow. Amortization and Depreciation. Basic Capital Structure Differences. Market Capitalization. Market Value of Assets. LIBOR. Fair Value Accounting. Tax Deductions Introduction. Alternative Minimum Tax. Term Life Insurance and Death Probability. Back of Envelope Office Space Conundrum. Corporations and Limited Liability. Is Limited Liability or Double Taxation Fair. Open-Ended Mutual Fund (Part 1). Open-End Mutual Fund Redemptions. Closed-End Mutual Funds. Exchange Traded Funds (ETFs). Hedge Funds Intro. Hedge Fund Structure and Fees. Are Hedge Funds Bad?. Hedge Funds, Venture Capital, and Private Equity. Treasury Bond Prices and Yields. Annual Interest Varying with Debt Maturity. The Yield Curve. Fed Open Market Operations. Quantitative Easing. More on Quantitative Easing (and Credit Easing). Hedge Fund Strategies - Long Short 1. Hedge Fund Strategies - Long Short 2. Hedge Fund Strategies - Merger Arbitrage 1. Stock Dilution. Acquisitions with Shares. Price Behavior After Announced Acquisition. Simple Merger Arb with Share Acquisition. Basic Leveraged Buyout (LBO). Corporate Debt versus Traditional Mortgages. AMT Overview. Open market operations and Quantitative Easing Overview. Another Quantitative Easing Video. US and Japanese Quantitative Easing. Term and Whole Life Insurance Policies 2. Term and Whole Life Insurance Policies. Estate Tax Introduction. Human Capital. Risk and Reward Introduction. Futures Fair Value in the Pre-Market. What is Inflation. Inflation Data. Moderate Inflation in a Good Economy. Stagflation. Real and Nominal Return. Calculating Real Return in Last Year Dollars. Relation Between Nominal and Real Returns and Inflation. Use Cases for Credit Default Swaps. Financial Weapons of Mass Destruction. Deflation. Velocity of Money Rather than Quantity Driving Prices. Deflation Despite Increases in Money Supply. Deflationary Spiral. Hyperinflation. Estate Tax Basics. Term and Whole Life. Open-Ended Mutual Funds. Unemployment Rate Primer (v2). Time Value of Money. Mortgage Interest Rates. Inflation Overview. Basics of US Income Tax Rate Schedule. Carry Trade Basics. Interpreting Futures Fair Value in the PreMarket. Interest Rate Swap 1. Interest Rate Swap 2. Transfer Pricing and Tax Havens.