What and how you study is totally at your discretion.

But, if you are studying finance for the first time, I strongly recommend you follow the contents in a top-down order, starting from the Study Tips.

Study Tips

Ways to really understand.

Learn

Underlying Assumption

Knowing this makes difference.

Learn

Time Value of Money

It’s all about this.

Learn

Present Value (Basics)

How much the future costs.

Learn

Present Value (deeper dive)

You don’t need to know this much, but helps.

Learn

Discount Rate

This defines your competency.

Learn

Net Present Value

Application of the concepts.

Learn

Value of perpetuity.

Terminal Value

Learn

Complicated? Not really.

Internal Rate of Return

Coming Up

Modified Internal Rate of Return

Less popular. More powerful.

Coming Up

[More to come]