Enterprise Finance (4 Credits)
Presentations from Khan Academy and Materials from Wikipedia
with Lectures from Business Leaders
This course teaches money management and dynamics of assets and liabilities over time under conditions of different degrees of uncertainty and risk. Topics include debt, investment, interest, mortgages, retirement accounts, financial dangers, currency, and foreign exchange market.
This two-part class covers the essentials of finance as understood in a western globalized locale with many principles transferable in our global environment.
Christian leaders are called to take responsibility for the enterprises that fit their situations. Some will receive their support from a ministry, others will need to work at or start a business. All leaders need to know finances, whether they are leading a local ministry or supplying their own needs so they can lead at a local ministry.
The Khan Academy has been developing high-quality college level materials since 2006. We will link to their resources for our lectures in these classes. We will also make use of Wikipedia resources. These open source materials have steadily increased in quality and we are comfortable featuring these resources.
1. Understand basic principles of enterprise finance, including interest, debt, and present value.
2. Understand basic principles regarding mortgages and property/home ownership
3. Grasp concepts of convexity and compound interest
4. Learn concepts of IRAs, Roth IRAs, and 401(k)s.
5. Discover potential financial dangers and how to avoid them.
6. Learn principles of currency and the foreign exchange market
This course includes resources from many books and articles. All required material is included in the online course. No book purchases are needed.
View all online lectures and read all articles in each topic. CLI computer tracks whether you do this. After viewing all lectures for the unit, take the quiz based on the readings and lectures (100% of grade).
A 95-100% A- 90-94% B+ 87-89% B 83-86% B- 80-82% C+ 77-79% C 73-76% C- 70-72% D+ 67-69% D 63-66% D- 60-62% F 0-59%
Your average grade for all assignments in the class must be at least 60%. Otherwise, you will fail the class and will receive no course credit.
Note: You must complete all work by the final deadline of the course. If you are not done by that date, you will have to take the class again in order to receive credit. Incompletions are considered drops.
Day 1 - 10: Interest, Debt and Present Value
Day 11 - 20: Balance Sheets and Advantages of Home Ownership
Day 21 - 30: Stocks, Bonds and Bankrupcy
Day 31 - 40: Return on Capital, Credit Default Swaps, and Collateralized Debt Obligation
Day 41 - 50: The Gold Standard and Mortgage-Backed Securities
Day 51 - 60: Convexity and Compound Interest
Day 61 - 70: Sub Prime Mortgage Crisis and Causes of the USA Housing Bubble
Day 71 - 80: Traditional IRAs, Roth IRAs, and 401(k)s
Day 81 - 90: Possible Financial Traps
Day 91 - 100: Currency and Foreign Exchange Market
Day 101 - 110: In-Depth Options 1
Day 111 - 120: In-Depth Options 2
As you complete this tuition-free course, let's pray for and thank the Vision Partners! Their sacrificial giving supports these tuition-free courses so that those will little or no extra resources can access high-quality ministry training.
Day 121 - 150
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Day 151 - 180
The course has ended. Please make sure all quizzes have been completed. If your work is incomplete, it is considered a drop, and you will have to take the class again in order to receive credit.
Our staff will be using this time to review your work. Your grade should appear on your "My Home Page" in the "Course Overview" section. Please contact Helpdesk if you have any questions or did not receive your grade.