Enroll Course: https://www.udemy.com/course/the-banking-fundamentals-course/
In today’s complex financial world, understanding the inner workings of banks and financial markets can feel like deciphering an ancient language. For professionals, especially those in IT or other non-finance roles within financial institutions, this knowledge gap can be a significant hurdle. Michiel van den Broek’s Udemy course, ‘Understand Banks & Financial Markets,’ aims to bridge this gap with remarkable clarity and accessibility.
Since 2005, van den Broek has dedicated himself to making finance understandable for professionals without a prior background. This 2-hour video e-training course is a testament to that mission. It tackles the often-intimidating subjects of banking and financial markets head-on, stripping away the jargon and complexity.
The course covers a comprehensive range of essential topics. You’ll begin by learning about different types of money and the crucial role of Central Banks. It then delves into the various types of banks and their specific activities, providing a foundational understanding of the financial ecosystem. A significant portion of the course is dedicated to the three main categories of financial products traded on markets: capital, foreign currencies, and risk. You’ll gain insights into how, why, and by whom these products are traded, offering a practical view of market operations.
One of the most compelling aspects of the course is its exploration of what happens within a dealing room, demystifying the fast-paced environment where financial transactions occur. The curriculum also introduces derivative products, explaining their purpose and application. Crucially, the course revisits the 2008 credit crisis, not just detailing its causes but also discussing preventative measures, providing invaluable lessons from recent financial history. To add a unique historical perspective, the course includes an entertaining 20-minute video on the history of the Amsterdam Stock Exchange.
What sets this course apart is its practical, no-nonsense approach. It’s designed for immediate applicability, empowering learners to grasp core concepts without getting bogged down in overly academic theory. The inclusion of 43 multiple-choice questions allows for self-assessment, reinforcing learning and ensuring comprehension.
As a bonus, students receive a FREE downloadable copy of van den Broek’s 40-page book, ‘Understand Banks and Financial Markets,’ a $6 value. This further enhances the course’s already impressive value proposition.
For those working in related financial institutions like pension funds, insurance companies, and investment firms, this course is equally beneficial. Michiel van den Broek also offers complementary courses such as ‘Understand Financial Risk from Banking’ and ‘Understand Money Markets,’ which delve deeper into specific areas, further bolstering your financial acumen.
**Recommendation:**
‘Understand Banks & Financial Markets’ is an exceptional resource for anyone seeking to demystify the world of finance. Whether you’re an IT professional in a bank, a new entrant to the financial sector, or simply curious about how money and markets work, this course delivers. It’s concise, informative, and highly practical. Michiel van den Broek has succeeded in creating an accessible and invaluable tool for career advancement in finance. Highly recommended!
Enroll Course: https://www.udemy.com/course/the-banking-fundamentals-course/