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WGU
Business
3 credits

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.

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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. 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. 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. 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. 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. 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.

  6. 6

    Put the problem rotation on Fennie

    Upload the C708 unit list to Fennie and Daily Plans schedules daily problem practice paced to your OA date, with quizzes confirming each concept-and-calculation pair. Free to start.

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How Fennie helps with C708

Fennie's Daily Plans make C708 a daily problem-practice course, the preparation that actually transfers to its OA. Chat walks TVM setups step by step when your answer won't match, and quizzes pair each concept with its calculation.

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.

Pass C708 with a plan, not a cram

Upload your C708 materials and Fennie generates a Daily Plan paced to your deadline — plus chat, flashcards, and quizzes built from the actual course content.

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