FT405
Basic Principles of Personal and Corporate Finance
Faculty
Timur Yanbukhtin
Freelance consultant
Course length
Duration
Total hours
Credits
Language
Course type
Fee for single course
Fee for degree students
Skills you’ll learn
Overview
Students will be introduced to essential financial concepts and tools through the course. It will address some financial products that are available for businesses as well as knowledge of finance that is essential in daily life. In addition, the course will provide students with an understanding of general financial reporting and initial concepts of accounting principles
Learning highlights
- The course will focus on ideas that are universal to both personal and corporate finance, and students will learn to use them. Understanding personal finance instruments will have practical implications in a student's personal life. The corporate part of the course plays a role as the foundation for the advanced financial courses in Harbour Space’s programme..
Course outline
15 classes
Session 1
Introduction to the course. Objectives. Evolution of money: forms and history. Difference between euro and bitcoin. Inflation. Time value of money.
Session 2
Bank instruments. Interest calculation. Risk pricing. Insurance. Math behind banking and insurance. Math behind leveraged investments.
Session 3
Budgeting personal and corporate. Working capital and investments. What can we forecast? Risk management. Adjusted return metrics.
Session 4
Accounting. Key ideas. Double entry bookkeeping. Cost and profit. Types of taxes. Equity and debt.
Session 5
Accounting. Investments and long term assets. Concept of amortization. Financial reporting. Accruals vs. cash reporting. Efficiency metrics.
Session 6
Intro to corporate finance. Equity vs. bonds. What are securities markets? WACC concept. Sources of funding for the corporation and venture startup. IPO 150 years ago and now.
Session 7
Again about risk. How we can measure risk. DCF model. How we decide on the discount factor. Mid course test. Presentation topics allocated.
Session 8
Personal budget vs. inflation. Pension funds. What do central banks do? What rate does the central bank change? How does the market react to the change of the interest rate and should we ( startups ) care?
Session 9
Are financial markets efficient? Panic and hype. How to recognize a financial pyramid? 2000 and 2008 financial crisis. What is a defensive (conservative) financial instrument?
Session 10
Again about forecasting. Long term trends. How we can recognize change of a trend. Micro vs. macro. Cost curve concept. New industrial revolution.
Session 11
Concept of “fat tails” in social processes. LTCM story. Sensitivity analysis. Risk controls in venture startup and personal finance.
Session 12
Student presentations and discussions.
Session 13
Student presentations and discussions.
Session 14
Student presentations and discussions.
Session 15
Fintech – what are the trends to watch? What shall change in the financial world over the next decade? Final observations.
Course materials
Books
Methodology
Interactive lectures
Case studies
Presentations to class and open discussions
Test
Analytical essays
Grading
Graduated from MSU and Yale. 30 years of experience in Corporate finance include top management positions in Evraz plc and Yandex. Hands-on experience in startups and VC. Teaching financial courses at university level since 1988.
See full profileApply for this course
Basic Principles of Personal and Corporate Finance
by Timur Yanbukhtin
Total hours
45 Hours
Dates
Dec 02 - Dec 20, 2024
Fee for single course
€1500
Fee for degree students
€750
How to secure your spot
Complete the form below to kickstart your application
Schedule your Harbour.Space interview
If successful, get ready to join us on campus
FAQ
Will I receive a certificate after completion?
Yes. Upon completion of the course, you will receive a certificate signed by the director of the program your course belonged to.
Do I need a visa?
This depends on your case. Please check with the Spanish or Thai consulate in your country of residence about visa requirements. We will do our part to provide you with the necessary documents, such as the Certificate of Enrollment.
Can I get a discount?
Yes. The easiest way to enroll in a course at a discounted price is to register for multiple courses. Registering for multiple courses will reduce the cost per individual course. Please ask the Admissions Office for more information about the other kinds of discounts we offer and what you can do to receive one.