An overview of the ideas, methods, and institutions that permit human society to manage risks and foster enterprise. Emphasis on financially-savvy leadership skills. Description of practices today and analysis of prospects for the future. Introduction to risk management and behavioral finance principles to understand the real-world functioning of securities, insurance, and banking industries. The ultimate goal of this course is using such industries effectively and towards a better society.
- Module 1
In this opening module, you will learn the basics of financial markets, insurance, and CAPM (Capital Asset Pricing Model). This module serves as the foundation of this course.
- Module 2
In this next module, dive into some details of behavioral finance, forecasting, pricing, debt, and inflation.
- Module 3
Stocks, bonds, dividends, shares, market caps; what are these? Who needs them? Why? Module 3 explores these concepts, along with corporation basics and some basic financial markets history.
- Module 4
Take a look into the recent past, exploring recessions, bubbles, the mortgage crisis, and regulation.
- Module 5
Options and bond markets are explored in module 5, important components of financial markets.
- Module 6
In module 6, Professor Shiller introduces investment banking, underwriting processes, brokers, dealers, exchanges, and new innovations in financial markets.
- Module 7
Professor Shiller’s final module includes lectures about nonprofits and corporations, and your career in finance.