Enroll Course: https://www.udemy.com/course/understand-money-market-securities-and-repos/
In the complex world of finance, understanding the intricacies of money markets is crucial for anyone looking to build a career in this sector, or even just to grasp the fundamentals of our economy. Michiel van den Broek’s Udemy course, ‘UNDERSTAND MONEY MARKETS: calculations and products,’ is a fantastic resource designed to do just that.
From the outset, the course promises to demystify finance for professionals without a prior background, a goal it truly achieves. Building on the success of his previous course, ‘Understand Banks and Financial Markets’ (which boasts over 33,000 students), this new offering focuses specifically on the money market – a vital component of the financial landscape.
The course is structured logically, guiding learners through essential concepts. Section 2 is particularly strong, providing a solid foundation in interest rate calculations. It covers crucial topics like day count conventions, present and future value calculations, and comparing yields with different frequencies. This section is invaluable for anyone needing to perform these calculations accurately.
Section 3 introduces the core products traded in money markets, including deposits and benchmarks like LIBOR and newer overnight rates. Understanding these instruments is key to navigating the domestic and Euro markets.
For those interested in tradable securities, Section 4 delves into treasury bills, certificates of deposit, and commercial paper, explaining their characteristics and how to calculate their value at issue and maturity. This practical approach makes the learning tangible.
Perhaps the most in-depth section is Section 5, which provides a comprehensive overview of repurchase agreements (repos). It covers everything from the legal and economic aspects of ownership to collateral types, GMRA documentation, and various trading strategies. This section is particularly useful for professionals dealing with collateralized transactions.
With over 1.5 hours of video content, accompanied by downloadable PDF documents and multiple-choice quizzes, the course offers a well-rounded learning experience. The inclusion of quizzes is excellent for reinforcing understanding and preparing for certifications like the ACI.
**Recommendation:**
‘UNDERSTAND MONEY MARKETS: calculations and products’ is highly recommended for financial professionals, aspiring analysts, and anyone seeking a clear, practical understanding of money market operations. The instructor’s ability to break down complex topics into digestible segments makes this course accessible and highly valuable. Whether you’re looking to enhance your career prospects or simply gain a deeper financial literacy, this course is an excellent investment.
Enroll Course: https://www.udemy.com/course/understand-money-market-securities-and-repos/