Business Mathematics For Finance

Learn how to use all formulas and functions of Finance in excel i.e. Annuities, EMI, Beta, Std Deviation, Rate, TVM etc.

What you'll learn

Understanding percentages and interest rates is crucial for financial calculations.

Students will learn how to calculate simple interest, compound interest, and how to convert between different interest rates.

Calculation of variance, standard deviation and beta in excel

This concept is central to finance. Students will learn how to calculate the present value and future value of money.

Students will be able to understand about mean mode median in excel

Annuities involve a series of equal payments made at regular intervals. Students will learn how to calculate the future value and present value of annuities.

Students will be able to understand about loan amortization and its schedule in excel

Students will learn about the principles of discounting and compounding, which are used to evaluate the value of investments

Probability and statistics play a significant role in financial analysis.

Students will learn how to use these concepts to make informed financial decisions and assess risk

Time series analysis involves studying data collected over time to identify trends and patterns.

Students may be exposed to financial software tools and spreadsheets like Excel

Requirements

Basic understanding of finance

Basic understanding of excel

Nothing else

Description

Business Mathematics is designed to provide students with a solid foundation in mathematical concepts and techniques essential for decision-making in various business and economic contexts. The course integrates mathematical principles with real-world applications, emphasizing the development of quantitative skills relevant to business analysis and problem-solving.Key Topics:Basic Arithmetic and Algebraic Operations:Review of fundamental arithmetic operations.Algebraic expressions, equations, and inequalities.Application of algebraic concepts to business scenarios.Functions and Graphs:Understanding and graphing linear and quadratic functions.Exponential and logarithmic functions in business applications.Analysis of functions to model and solve business problems.Financial Mathematics:Time value of money and its applications.Simple and compound interest calculations.Annuities, perpetuities, and their relevance to financial decision-making.Probability and Statistics:Introduction to probability theory.Descriptive statistics for business data.Inferential statistics and hypothesis testing.Linear Programming:Formulation and solution of linear programming problems.Optimization techniques for resource allocation.Business Applications:Optimization in production and inventory management.Break-even analysis and cost-volume-profit analysis.Decision-making models in marketing and finance.Data Analysis using Spreadsheets:Utilizing spreadsheet tools for data organization and analysis.Application of mathematical concepts in spreadsheet-based business scenarios.Case Studies and Practical Applications:Real-world case studies to demonstrate the application of mathematical concepts in business decision-making.Collaborative problem-solving exercises to enhance critical thinking skills.Assessment and Evaluation:Assessment in this course will be based on a combination of assignments, quizzes, exams, and a final project. The emphasis is on both theoretical understanding and practical application. Regular practice and engagement with mathematical concepts will be crucial for success in this course.Overall, Business Mathematics aims to equip students with the quantitative skills necessary for effective decision-making in the dynamic and data-driven business environment.

Overview

Section 1: Introduction of Business Mathematics for Finance and Interest Rate Calculations

Lecture 1 Introduction of Business Mathematics

Lecture 2 Simple Interest and Compound Interest

Lecture 3 Days Count Formula in Excel

Lecture 4 Calculation of Effective Rate in Excel

Lecture 5 Calculation of Nominal Rate in Excel

Section 2: Understanding of Annuities with the help of real life examples

Lecture 6 Calculation of FV of Annuities Formula in Excel

Lecture 7 Calculation of FV Annuities - Case 1

Lecture 8 Calculation of FV Annuities Case 2

Lecture 9 Calculation of FV Annuities Case 3

Lecture 10 Calculation of FV Annuities Case 4

Section 3: Calculation of Rate and Period

Lecture 11 Introduction of NPER in Excel

Lecture 12 NPER - Case 1 in Excel

Lecture 13 Calculation of Rate in Excel

Lecture 14 Rate Case 1 in Excel

Lecture 15 Rate Case - 2 in Excel

Lecture 16 Rate - Case 3 in Excel

Lecture 17 Rate Case 4 in Excel

Lecture 18 Rate - Case 5 in Excel

Section 4: Loan Amortization Schedule

Lecture 19 Introduction of Loan Amortization Schedule in Excel

Lecture 20 Loan Amortization Schedule Case 1 in Excel

Lecture 21 Loan Amortization Schedule - Case 2 in Excel

Lecture 22 Loan Amortization Schedule - Case 3 in Excel

Lecture 23 Loan Amortization Schedule - Case 4 in Excel

Lecture 24 Loan Amortization Schedule - Case 5 in Excel

Section 5: Mean, mode & median

Lecture 25 Introduction of Mean in Excel

Lecture 26 Mean - Case 1 in Excel

Lecture 27 Median - Case 1 in Excel

Lecture 28 Median - Case 2 in Excel

Lecture 29 Introduction of Mode in Excel

Lecture 30 Mode - Case 1 in Excel

Section 6: Calculation and Understanding of Risk and Uncertainty

Lecture 31 Risk and Uncertainty - Standard Deviation

Lecture 32 Continuity of Risk and Uncertainty

Lecture 33 Understanding of Financial Risk

Lecture 34 Case Study on Financial Risk

Lecture 35 Beta Calculation

Finance & Accounting Students,Finance Professionals,Accountants,Business Owners and Managers,Economics and Business Students,Investors,Financial Planners,Educators and Trainers,Consultants,Entrepreneurs and Start-up Founders