Enroll Course: https://www.coursera.org/learn/global-financial-markets-instruments
Embarking on a journey into the intricate world of finance can be daunting, but Coursera’s ‘Global Financial Markets and Instruments’ course offers a clear and comprehensive starting point for aspiring investors and finance enthusiasts. This course is meticulously designed to equip learners with the foundational knowledge necessary for long-term financial success.
From the very first module, ‘Introduction & Review of Elementary Finance Tools,’ the course sets a solid stage by introducing the Investment and Portfolio Management Specialization. It provides a roadmap of the investment management process and revisits essential finance concepts like the time value of money, return computation, discounting, and compounding. This review is crucial for ensuring everyone, regardless of their prior finance background, is on the same page.
Module 2, ‘Financial system & financial assets: fixed income securities,’ delves into the fundamental role of financial markets and assets within a functioning economy. It clarifies the distinction between financial and real assets and then focuses specifically on fixed-income securities. Learners will gain a thorough understanding of bond valuation, money market instruments, U.S. Treasury securities, and corporate bonds. By the end of this module, you’ll be adept at describing fixed-income securities, understanding their institutional features, identifying cash flows, and calculating yields for various instruments like Treasury bills and coupon bonds.
Building on this foundation, Module 3, ‘Financial system & financial assets: equity securities and derivatives,’ expands the scope to equity securities and derivative instruments. The course highlights how equity differs from fixed income, explains the cash flows associated with stocks and preferred stocks, and teaches valuation methods for shares. Furthermore, it introduces you to the world of derivatives, including options, forwards, and futures, detailing their payoffs and how they differ from one another. This module provides a holistic view of major asset classes.
Finally, Module 4, ‘Organization of financial markets and securities trading,’ brings theory into practice by exploring the operational aspects of financial markets. It covers different trading venues, the mechanics of securities trading, and essential terminology. The module also touches upon current trends in securities trading and explains various order types, including margin buying and short-selling. This practical insight is invaluable for anyone looking to understand the day-to-day workings of investment markets.
Overall, ‘Global Financial Markets and Instruments’ is an excellent introductory course. It strikes a perfect balance between theoretical concepts and practical applications, making complex financial topics accessible. The instructors are knowledgeable, and the syllabus is logically structured, ensuring a progressive learning experience. Whether you’re looking to manage your personal investments more effectively or considering a career in finance, this course provides the essential running start you need.
Enroll Course: https://www.coursera.org/learn/global-financial-markets-instruments