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Financial Markets

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Financial Markets

2,404,934 already enrolled

Included with

Gain insight into a topic and learn the fundamentals.
4.8

32,227 reviews

Beginner level
No prior experience required
Flexible schedule
3 weeks at 10 hours a week
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
4.8

32,227 reviews

Beginner level
No prior experience required
Flexible schedule
3 weeks at 10 hours a week
Learn at your own pace

There are 7 modules in this course

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.

Welcome to the course! 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.

What's included

23 videos1 reading5 assignments

23 videosTotal 184 minutes
  • Welcome video2 minutes
  • Financial Markets Introduction9 minutes
  • Your Teaching Assistant, Arun!1 minute
  • Good and Evil4 minutes
  • VaR and Stress Tests9 minutes
  • S&P 50013 minutes
  • Joe McNay Story2 minutes
  • Distribution and Outliers10 minutes
  • Chalk Talk - Covariance11 minutes
  • Insurance Fundamentals11 minutes
  • Insurance Milestones7 minutes
  • Insurance is a Local Phenomenon6 minutes
  • Health Insurance6 minutes
  • Disasters9 minutes
  • Eggs in One Basket7 minutes
  • Salon - Risk13 minutes
  • CAPM11 minutes
  • Chalk Talk: Beta8 minutes
  • Chalk Talk: CAPM and Diversification8 minutes
  • Short Sales7 minutes
  • Calculating the Optimal Portfolio10 minutes
  • Efficient Portfolio Frontier11 minutes
  • Chalk Talk - Gordon Growth Model10 minutes
1 readingTotal 10 minutes
  • Disclaimer regarding Discussion Boards10 minutes
5 assignmentsTotal 150 minutes
  • Lesson #1 Quiz30 minutes
  • Lesson #2 Quiz30 minutes
  • Lession #3 Quiz30 minutes
  • Lesson #4 Quiz30 minutes
  • Module 1 Honors Quiz30 minutes

In this next module, dive into some details of behavioral finance, forecasting, pricing, debt, and inflation.

What's included

17 videos4 assignments

17 videosTotal 139 minutes
  • Invention Takes Time7 minutes
  • Salon - Innovation5 minutes
  • Limited Liability7 minutes
  • Inflation Indexed Debt5 minutes
  • Unidad de Fomento5 minutes
  • Real Estate: Risk Management Devices5 minutes
  • Forecasting15 minutes
  • Intuition of Efficiency13 minutes
  • Price as PDV5 minutes
  • Doubting Efficiency6 minutes
  • Introduction to Behavioral Finance6 minutes
  • Prospect Theory18 minutes
  • Chalk Talk - More on Prospect Theory6 minutes
  • Logical Fallacies9 minutes
  • The Brain12 minutes
  • Magical Thinking9 minutes
  • Personality Disorders5 minutes
4 assignmentsTotal 120 minutes
  • Lesson #5 Quiz30 minutes
  • Lesson #6 Quiz30 minutes
  • Lesson #7 Quiz30 minutes
  • Module 2 Honors Quiz30 minutes

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.

What's included

18 videos3 assignments

18 videosTotal 137 minutes
  • 1982 Savings Account4 minutes
  • Federal Funds and Interest Rates11 minutes
  • Compound Interest3 minutes
  • Discount Bonds11 minutes
  • Consol and Annuity9 minutes
  • Forward Rates and Expectation Theory5 minutes
  • Inflation4 minutes
  • Leverage11 minutes
  • Market Capitalization by Country7 minutes
  • The Corporation8 minutes
  • Shares and Dividends12 minutes
  • Common vs. Preferred3 minutes
  • Corporate Charter9 minutes
  • Corporations Raise Money9 minutes
  • Dilution6 minutes
  • Share Repurchase7 minutes
  • PDV of Expected Dividends11 minutes
  • Why do firms pay dividends?8 minutes
3 assignmentsTotal 90 minutes
  • Lesson #8 Quiz30 minutes
  • Lesson #9 Quiz30 minutes
  • Module 3 Honors Quiz30 minutes

Take a look into the recent past, exploring recessions, bubbles, the mortgage crisis, and regulation.

What's included

22 videos4 assignments

22 videosTotal 189 minutes
  • Salon - Recessions8 minutes
  • History of Mortgage Lending4 minutes
  • Commercial Real Estate Vehicles12 minutes
  • Mortgages, part 19 minutes
  • Mortgages, part 210 minutes
  • PMI, CMOs, CDOs6 minutes
  • Post Crisis Regulation8 minutes
  • Chalk Talks - Excess Reserves10 minutes
  • The Bubble, part 17 minutes
  • The Bubble, part 26 minutes
  • The Bubble, part 311 minutes
  • Salon - Bubbles14 minutes
  • Regulation Overview7 minutes
  • Salon - Regulation and housing11 minutes
  • Within Firm Regulation, part 15 minutes
  • Within Firm Regulation, part 28 minutes
  • Trade Groups4 minutes
  • Local Regulation4 minutes
  • National Regulation, part 113 minutes
  • National Regulation, part 215 minutes
  • National Regulation, part 312 minutes
  • International Regulation7 minutes
4 assignmentsTotal 210 minutes
  • Lesson #10 Quiz30 minutes
  • Lesson #11 Quiz30 minutes
  • Financialization of Housing120 minutes
  • Module 4 Honors Quiz30 minutes

Options and bond markets are explored in module 5, important components of financial markets.

What's included

16 videos3 assignments

16 videosTotal 125 minutes
  • Salon - Student Loans4 minutes
  • Forwards and Futures Introduction8 minutes
  • Forward Contracts8 minutes
  • Futures Contracts4 minutes
  • Rice Futures14 minutes
  • Wheat Futures8 minutes
  • Buying, Selling, and Settlement10 minutes
  • Fair Value in Futures Contracts4 minutes
  • Oil Futures15 minutes
  • SPI & FFR Futures5 minutes
  • Options Overview5 minutes
  • Reading Options Pricing7 minutes
  • Why Options exist9 minutes
  • Ubiquity of Options6 minutes
  • Put / Call parity9 minutes
  • Using Options to Hedge8 minutes
3 assignmentsTotal 90 minutes
  • Lesson #12 Quiz30 minutes
  • Lesson #13 Quiz30 minutes
  • Module 5 Honors Quiz30 minutes

In module 6, Professor Shiller introduces investment banking, underwriting processes, brokers, dealers, exchanges, and new innovations in financial markets.

What's included

19 videos4 assignments

19 videosTotal 141 minutes
  • Investment Banks Introduction6 minutes
  • The Underwriting Process11 minutes
  • IPOs7 minutes
  • Goldman Sachs and John Whitehead5 minutes
  • Ratings Agencies5 minutes
  • Glass Steagall5 minutes
  • Net Worth of the US8 minutes
  • The Prudent Person5 minutes
  • Salon - Advisors10 minutes
  • Mutual Funds and ETFs10 minutes
  • Brokers and Dealers8 minutes
  • Exchanges6 minutes
  • Limit Order Book4 minutes
  • High Frequency Trading6 minutes
  • Payment for Order Flow7 minutes
  • Government Debt12 minutes
  • Government involvement in Corporations6 minutes
  • Municipal Finance9 minutes
  • Government Social Insurance11 minutes
4 assignmentsTotal 120 minutes
  • Lesson #14 Quiz30 minutes
  • Lesson #15 Quiz30 minutes
  • Lesson #16 Quiz30 minutes
  • Module 6 Honors Quiz30 minutes

Professor Shiller's final module includes lectures about nonprofits and corporations, and your career in finance.

What's included

15 videos3 assignments

15 videosTotal 194 minutes
  • Nonprofits11 minutes
  • Cooperatives8 minutes
  • Alternative Forms6 minutes
  • Salon - Public vs. Private5 minutes
  • Critics of Modern Finance6 minutes
  • Democratization of Finance9 minutes
  • Salon - Democratization of Finance8 minutes
  • Finance and War8 minutes
  • Finance and Population Growth2 minutes
  • The Importance of Financial Theory4 minutes
  • Wealth and Poverty7 minutes
  • Your Career and Finance9 minutes
  • Interview with Roger Ferguson26 minutes
  • Interview with Lei Zhang17 minutes
  • Guest Georgia Keohane66 minutes
3 assignmentsTotal 90 minutes
  • Lesson #17 Quiz30 minutes
  • Lesson #18 Quiz30 minutes
  • Final Exam30 minutes

Instructor

Instructor ratings
4.8 (11,102 ratings)
Yale University
9 Courses2,662,069 learners

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Showing 3 of 32227

BK
·

Reviewed on Oct 25, 2021

This course is so useful to know about finance in depth it gives more examples about the finance . It help to make more decision in finance market. It also motivate students to attract towards finance

EM
·

Reviewed on Nov 3, 2018

This was really a great experience. A course taught by a valued teach. Enjoyed it all the way though I would have liked more mathematical and theoretical models. But then where do you end in a MOOC ?

PP
·

Reviewed on Aug 21, 2024

This course is so useful to know about finance in depth it gives more examples about the finance . It help to make more decision in finance market. It also motivate students to attract towards finance

Frequently asked questions

Professor Shiller has made some pretty amazing updates to his course; not only do you see updated lectures from 2016-2017, he also has additional videos which include student salons, chalk talks, interviews, and TA timeouts. Join us in the course, watch the introductory module, and learn more about these great additions to increase your knowledge of financial markets!

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

Financial aid available,

¹ Some assignments in this course are AI-graded. For these assignments, your data will be used in accordance with Coursera's Privacy Notice.