Professor of Finance, Ross School of Business
Stocks and Bonds
What You'll Learn
- Pricing and trading of bonds
- Pricing and trading of stocks
- How companies are financed and why
4 Modules
8 Hours
2 hrs per module (approx.)
Rating
About Stocks and Bonds
In this course, we will apply the central concept and applications of Time Value of Money (TVM) to explore the structure and pricing of stocks and bonds at an introductory level. In this course, you will learn about bonds, different types of bonds (Zero Coupon bonds, Government bonds). You will learn about bond pricing calculations and see their direct connection to market data on bonds. You will also learn about stocks, and their pricing and valuation. You will learn about growth and dividend stocks and how to use market data.
After completing this course, you will have an understanding of the two fundamental and pervasive ways in which savers transfer money to governments and corporations. You will be able to apply all this knowledge to personal investing decisions and, importantly, these same tools and frameworks are applicable to corporate decisions.
This course is part of the four-course Foundational Finance for Strategic Decision Making Specialization.
Skills You'll Gain
- Bond Markets
- Dividend Yield
- Finance
What You'll Earn
- Certificate of Completion:
- Certificates of completion acknowledge knowledge acquired upon completion of a non-credit course or program.
Welcome Message
Welcome to Stocks and Bonds, an introductory finance course focused on valuing securities using time value of money concepts. Learners apply financial reasoning to personal and professional decision-making.
This abbreviated syllabus description was created with the help of AI tools and reviewed by staff. The full syllabus is available to those who enroll in the course.
Course Schedule
Module 1: Bond Valuation
- Video: About This Specialization
- Reading: Specialization - Syllabus
- Reading: Course 3-Syllabus
- Video: 1.1 Financing: Bonds and Stocks
- Video: 1.2 Zero-Coupon Government Bonds
- Video: 1.3 Government Coupon Bonds
- Video: 1.4 Bond Pricing: Calculations
- Reading: Note-Formula
- Reading: Note-Spreadsheets
- Reading: Pre-Course Survey
Module 2: Bond Prices and Market Data
- Video: 2.1 Bonds: Market Data
- Reading: Note-Spreadsheets
- Graded Assignment: Practice Assignment 1
- Graded: Assignment 1
Module 3: Stock Valuation
- Video: 3.1 What is a Stock?
- Video: 3.2 Stock Pricing/Valuation
- Video: 3.3 Dividend & Growth Stocks
- Video: 3.4 The Engine of Growth
- Reading: Note-Formulae
Module 4: Stock Prices & Market Data
- Video: 4.1 Stocks: Market Data
- Reading: Note-Formulae
- Graded Assignment: Practice Assignment 2
- Reading: Post-Course Survey
- Reading: Keep Learning with Michigan Online!
- Graded: Assignment 2
Grading Policy
Learners must earn at least 70% on each graded assignment. There are two graded assignments, each is worth 50% of your final grade.
Course content developed by U-M faculty and managed by the university. Faculty titles and affiliations are updated periodically.
Beginner Level
Some algebra and an introductory understanding of time value of money (TVM)
