1. Course Introduction
Hi and welcome to this course, Math for Finance Professionals. I'm Ryan
Spendelow, VP of Content, here at CFI. So much of our work as
finance professionals requires a solid foundation in financial math.
It's hard to think of a topic more widely applied than financial math
through all areas of finance, from retail, corporate, investment banking,
insurance, investment management, private equity, the list goes on.
To build a successful career in finance, you need a solid understanding
of the concepts and frameworks we will explore in this course,
and be able to apply those concepts and frameworks to real world finance
scenarios. In this course, we will start by exploring simple and compound
interest, which is an excellent opportunity to build some math language
and practice some basic skills. After that, we will define and compare nominal
and effective interest rates. Our next objective is to introduce the discounted
cash flow framework and develop your ability to apply this framework to
a range of real world finance applications. We then have a session where
we introduce and price simple bonds. Finally, we introduce the most critical
statistical concept needed when working in finance. Throughout this course,
we will leverage and use Excel extensively, helping you reinforce the practical
application of these skills. We have a lot of exciting content to cover.
Let's get started.
2. Let's practice!