Course Summary
This course offers a comprehensive introduction to financial management for startups. Students will learn how to create financial projections, evaluate funding options, and manage finances effectively.Key Learning Points
- Learn how to create financial projections for your startup
- Evaluate funding options and understand which ones are right for your business
- Develop a financial management strategy to ensure your startup stays financially healthy
Related Topics for further study
Learning Outcomes
- Create financial projections for your startup
- Evaluate funding options and choose the right one for your business
- Develop a financial management strategy to ensure your startup stays financially healthy
Prerequisites or good to have knowledge before taking this course
- Basic understanding of accounting
- Familiarity with financial statements
Course Difficulty Level
IntermediateCourse Format
- Online self-paced
- Video lectures
- Quizzes and assignments
Similar Courses
- Entrepreneurship 101: Who is your customer?
- Marketing in a Digital World
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Related Education Paths
Notable People in This Field
- Eric Ries
- Paul Graham
- Elon Musk
Related Books
Description
Finance is one of the key ingredients for successful startups. Many entrepreneurs, however, lack knowledge of finance. This course teaches basic financial knowledge needed in starting and operating startups to entrepreneurs or would-be entrepreneurs who did not major in finance. Students of this course will learn to read and understand financial statements such as balance sheets, income statements and cash flow statements. They will also practice simple financial planning of a startup. This course also covers the concept company valuation as well as how startups get funding. This is a practical course aimed at direct application of the knowledge gained into running real startups. It also aims to enable entrepreneurs and would-be-entrepreneurs to understand the "language of finance" so that they can talk to professionals with confidence.
Outline
- Balance sheet and Income statement
- CF1-1 Introduction & Balance Sheet
- CF1-2 Left Side of a Balance Sheet
- CF1-3 Right Side of a Balance Sheet
- CF1-4 Construction of a Balance Sheet
- CF1-5 What is an Income Statement
- CF1-6 Cost, Expenses & Inventories
- CF1-7 Profits & Depreciation
- CF1-8 Construction of an Income Statement
- Week 1 Lecture Slides
- Week 1
- Cash flow statement and financial ratios
- CF2-1 Cash Flow
- CF2-2 Cash Flow Statement Practice
- CF2-3 Annual Report
- CF2-4 Financial Ratios-Profitability
- CF2-5 Financial Ratios-Efficiency
- CF2-6 Financial Ratios-Liquidity & Leverage
- CF2-7 Financial Ratios Practice
- Week 2 Lecture Slides
- Week 2
- Financial planning and funding
- CF3-1 Financial Planning-Cash Flow Statement
- CF3-2 Financial Planning-Balance Sheet
- CF3-3 Financial Planning-Income Statement
- CF3-4 Burn Rate
- CF3-5 Seed Funding
- CF3-6 Venture Capital Fund
- CF3-7 Advice on VC Fundraising
- CF3-8 Funding Practice
- Week 3 Lecture Slides
- Week 3
- VC term sheet and valuation
- CF4-1 VC Term Sheet
- CF4-2 Share Price
- CF4-3 Liquidation Preference
- CF4-4 Term Sheet-Control Terms
- CF4-5 Term Sheet Practice
- CF4-6 Three Core Things in Valuation
- CF4-7 Valuation Methods
- CF4-8 Valuation Practice
- Week 4 Lecture Slides
- Week 4
Summary of User Reviews
Learn about finance for startups with this highly rated course on Coursera. Students praise the practical approach to financial planning and management, and the real-world examples that are used throughout the course.Key Aspect Users Liked About This Course
The practical approach to financial planning and management.Pros from User Reviews
- Real-world examples used throughout the course
- Easy to understand and apply concepts
- Instructors provide valuable feedback and support
- Course is relevant and up-to-date with current trends and practices
- Great for beginners or those with little financial knowledge
Cons from User Reviews
- Some students find the course too basic
- Limited interaction with other students
- Not enough focus on advanced financial topics
- Not suitable for those looking for in-depth financial analysis
- Some technical glitches reported during the course
Steve Ahn
4.6 Raiting
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