WGU C708: Principles of Finance
C708 introduces finance fundamentals: financial statements and ratios, time value of money, risk and return, and basic stock, bond, and capital budgeting concepts. It ends in an OA and commonly precedes the heavier C214.
Fennie is independent and not affiliated with Western Governors University. This is an unofficial study guide.
What makes it hard
It's the on-ramp to WGU's most-feared business course, and the same pattern applies in miniature: concepts alone don't pass it. TVM and ratio questions require actual problem reps, and students who read past the math get caught even though the calculations are lighter than C214's.
What you'll cover
- • Financial statements and ratios
- • Time value of money
- • Risk and return
- • Stock and bond basics
- • Capital budgeting concepts
- • Financial markets overview
The C708 study guide
How to study for WGU C708, step by step.
- 1
Take the pre-assessment as a diagnostic
The PA separates concept gaps from calculation gaps. Both appear on the OA, and they need different practice.
- 2
Learn the TVM setups early
Present value, future value, and annuity problems are the course's calculation core. Get the setups right first. Speed comes from reps afterward.
- 3
Work ratio problems alongside the definitions
Know what each ratio measures and compute it from sample statements. The OA asks both versions of the question.
- 4
Do a short problem set daily
Rotating TVM, ratios, and valuation basics in small daily doses builds the fluency the exam expects without marathon sessions.
- 5
Retake the PA timed, then book the OA
When the calculations come out clean under time, schedule. C708 typically takes 2-4 weeks and sets up C214 properly.
Today
Today's C708 plan
What a Fennie Daily Plan looks like for C708. Yours is built from your own syllabus and adapts every day to your deadlines and progress.
First plan free, no card required. Fennie is independent and unaffiliated with your school.
FAQ
Is WGU C708 hard?
Milder than its successor C214, but the same rule applies: the OA expects worked calculations, not just definitions. Daily problem reps make it a 2-4 week course.
Should I take C708 before C214?
Yes, where your plan includes both. C708's TVM and ratio foundations are exactly what C214 assumes and accelerates past.
What's on the C708 OA?
Financial statements and ratios, time value of money, risk and return, and stock, bond, and capital budgeting basics, a mix of conceptual and calculation questions.
More WGU courses
D072: Fundamentals for Success in Business
D072 is the on-ramp course for WGU's business degrees, covering professional skills, emotional intelligence, communication, and an orientation to business disciplines. It ends in an OA and is usually among a business student's first completed courses.
C211: Global Economics for Managers
C211 covers micro and macro fundamentals through a managerial lens: supply and demand, market structures, trade, exchange rates, and monetary policy. It's a core course in WGU's business programs and ends in an OA.
C214: Financial Management
C214 covers corporate finance: financial statement analysis, time value of money, valuation, capital budgeting, and cost of capital. It sits late in WGU's business core and ends in an OA with calculation-heavy questions.
D196: Principles of Financial and Managerial Accounting
D196 introduces both financial accounting (journal entries, statements) and managerial accounting (costing, budgeting) in one course. It's a business-core requirement and ends in an OA.