UCT GSB - Innovative Finance: Hacking finance to change the world
- Offered byCoursera
Innovative Finance: Hacking finance to change the world at Coursera Overview
Duration | 19 hours |
Start from | Start Now |
Total fee | Free |
Mode of learning | Online |
Difficulty level | Beginner |
Official Website | Explore Free Course  |
Credential | Certificate |
Innovative Finance: Hacking finance to change the world at Coursera Highlights
- Shareable Certificate Earn a Certificate upon completion
- 100% online Start instantly and learn at your own schedule.
- Flexible deadlines Reset deadlines in accordance to your schedule.
- Beginner Level
- Approx. 19 hours to complete
- English Subtitles: French, Portuguese (European), Russian, English, Spanish
Innovative Finance: Hacking finance to change the world at Coursera Course details
- To address global poverty - do we really not have enough resources or do we not have the right tools to allocate our resources?
- The tools of finance, when applied correctly, can be an enabler of social and environmental outcomes. This course is designed to give you the ability to build innovative financing strategies that work towards outcomes such as financial inclusion, access to energy and access to education. The innovative finance process has five key components. It starts with identifying the outcomes you are looking to achieve and next moves on to due diligencing your issue area using techniques like design thinking to make sure you are designing with the end user. Next you must map all of the resources available for your outcome and then discover opportunities to augment these through business model innovation, multi-stakeholder partnerships and innovative financial structures. Finally, the last step is to put all of these pieces together to design an innovating financing strategy.
- Each week dives into a component of the process using examples and real case studies from social entrepreneurs, non-profits, development funders, impact investors, governments, foundations and more. Over five weeks you?ll learn about new types of revenue creation, financing approaches, business models and partnerships. By the end of the course, you?ll have the ability to hack finance for social change.
- Watch the course trailer https://www.youtube.com/watch?v=tSMUoCJgqkw
Innovative Finance: Hacking finance to change the world at Coursera Curriculum
Choosing Your Issue Area
Innovative Finance: Hacking Finance to Change the World
Course Introduction
Why We Innovate
Themes of Impact: Access to Housing
Themes of Impact: Financial Inclusion
Themes of Impact: Water, Sanitation and Hygiene
Themes of Impact: Access to Healthcare
Themes of Impact: Access to Clean and Safe Energy
Themes of Impact: Access to Education
Themes of Impact: Agriculture
Case Studies: Introducing the Innovators
Case Studies: Choosing an Issue Area
Thinking about Your Issue Area
How This Course Works
What to Expect: Week 1
Week 1 Recommended Resources
Financial Readiness Quiz
Themes of Impact Practice Quiz
Choosing an Issue Area Practice Quiz
Week 1 Graded Quiz
Understanding Challenges and Roadblocks
Week 2 Introduction
Due Diligence in Your Issue Area
Using Due Diligence for Design Thinking
What is Impact?
Applying Impact Measurement: Theory of Change
Case Studies: Understanding Challenges
Engaging With Your Issue Area
What to Expect: Week 2
Design Thinking
Vroom case study
Week 2 Recommended Resources
Quick Guide - How to Write an Issue Area and Outcome Metrics
Due Diligence and Design Thinking Practice Quiz
Impact Measurement - Practice Quiz
Week 2 Graded Quiz
Identifying Resources
Week 3 Introduction
Recognising Value
Revenue Streams and Monetising Assets
Types of Funders
Identifying Impact Funders
Outcomes-Based Financing
Case Studies: Identifying Resources
Thinking About Resources
What to Expect: Week 3
Week 3 Recommended Readings
Practice Quiz - Identifying Revenue Streams
Practice Quiz - Identifying Funders
Week 3 Graded Quiz
Discovering Opportunities
Week 4 Introduction
Multi-Stakeholder Partnerships
Business Model Innovation
Risk, Return and Impact
Real vs Perceived Risk
Impact Risk
Early Stage Risk and Scalability
Manager Risk
Liquidity and Exit Risk
Social Impact Insurance
Case Studies: Discovering Opportuntities
Identifying Opportunities
What to Expect: Week 4
Summary of Risk and Funding Structures
Week 4 Recommended Readings
Practice Quiz - Multi-Stakeholder Partnerships
Practice Quiz - Risks
Practice Quiz - Case Studies
Week 4: Graded Quiz
Designing for Impact
The Innovative Finance Process
Case Studies: Designing for Impact - Ashburton
Case Studies: Designing for Impact - Zoona
Case Studies: Designing for Impact - Innovation Edge
Case Studies: Designing for Impact - Slumdwellers International
Case Studies: Designing for Impact - Western Cape Government
Case Studies Wrap-Up
The Journey Beyond
What to Expect: Week 5
Innovative Finance: Hacking finance to change the world at Coursera Admission Process
Important Dates
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