课程信息
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.
Globe

100% 在线课程

立即开始,按照自己的计划学习。
Beginner Level

初级

Clock

Approx. 37 hours to complete

建议:7 weeks of study, 3 - 4 hours per week
Comment Dots

English

字幕:English

您将获得的技能

Financial MarketsFinanceRisk ManagementInvestment Banking
Globe

100% 在线课程

立即开始,按照自己的计划学习。
Beginner Level

初级

Clock

Approx. 37 hours to complete

建议:7 weeks of study, 3 - 4 hours per week
Comment Dots

English

字幕:English

Syllabus - What you will learn from this course

1

Section
Clock
4 hours to complete

Module 1

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. ...
Reading
23 videos (Total 184 min), 1 reading, 5 quizzes
Video23 videos
Financial Markets Introduction8m
Your Teaching Assistant, Arun!1m
Good and Evil3m
VaR and Stress Tests8m
S&P 50013m
Joe McNay Story1m
Distribution and Outliers9m
Chalk Talk - Covariance11m
Insurance Fundamentals10m
Insurance Milestones6m
Insurance is a Local Phenomenon6m
Health Insurance6m
Disasters8m
Eggs in One Basket7m
Salon - Risk13m
CAPM10m
Chalk Talk: Beta7m
Chalk Talk: CAPM and Diversification8m
Short Sales7m
Calculating the Optimal Portfolio9m
Efficient Portfolio Frontier10m
Chalk Talk - Gordon Growth Model9m
Reading1 readings
Pre-Course Survey10m
Quiz5 practice exercises
Lesson #1 Quiz8m
Lesson #2 Quiz12m
Lession #3 Quiz10m
Lesson #4 Quiz10m
Module 1 Honors Quiz28m

2

Section
Clock
3 hours to complete

Module 2

In this next module, dive into some details of behavioral finance, forecasting, pricing, debt, and inflation. ...
Reading
17 videos (Total 139 min), 4 quizzes
Video17 videos
Salon - Innovation4m
Limited Liability7m
Inflation Indexed Debt5m
Unidad de Fomento4m
Real Estate: Risk Management Devices5m
Forecasting15m
Intuition of Efficiency12m
Price as PDV5m
Doubting Efficiency6m
Introduction to Behavioral Finance6m
Prospect Theory18m
Chalk Talk - More on Prospect Theory5m
Logical Fallacies9m
The Brain11m
Magical Thinking8m
Personality Disorders5m
Quiz4 practice exercises
Lesson #5 Quiz10m
Lesson #6 Quiz8m
Lesson #7 Quiz12m
Module 2 Honors Quiz22m

3

Section
Clock
3 hours to complete

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. ...
Reading
18 videos (Total 137 min), 3 quizzes
Video18 videos
Federal Funds and Interest Rates10m
Compound Interest3m
Discount Bonds11m
Consol and Annuity8m
Forward Rates and Expectation Theory4m
Inflation4m
Leverage11m
Market Capitalization by Country6m
The Corporation8m
Shares and Dividends11m
Common vs. Preferred2m
Corporate Charter8m
Corporations Raise Money8m
Dilution6m
Share Repurchase6m
PDV of Expected Dividends11m
Why do firms pay dividends?8m
Quiz3 practice exercises
Lesson #8 Quiz16m
Lesson #9 Quiz18m
Module 3 Honors Quiz28m

4

Section
Clock
6 hours to complete

Module 4

Take a look into the recent past, exploring recessions, bubbles, the mortgage crisis, and regulation. ...
Reading
22 videos (Total 189 min), 4 quizzes
Video22 videos
History of Mortgage Lending3m
Commercial Real Estate Vehicles11m
Mortgages, part 19m
Mortgages, part 29m
PMI, CMOs, CDOs5m
Post Crisis Regulation8m
Chalk Talks - Excess Reserves9m
The Bubble, part 17m
The Bubble, part 25m
The Bubble, part 311m
Salon - Bubbles13m
Regulation Overview7m
Salon - Regulation and housing10m
Within Firm Regulation, part 15m
Within Firm Regulation, part 27m
Trade Groups4m
Local Regulation3m
National Regulation, part 113m
National Regulation, part 215m
National Regulation, part 311m
International Regulation6m
Quiz3 practice exercises
Lesson #10 Quiz16m
Lesson #11 Quiz18m
Module 4 Honors Quiz18m

5

Section
Clock
3 hours to complete

Module 5

Options and bond markets are explored in module 5, important components of financial markets. ...
Reading
16 videos (Total 125 min), 3 quizzes
Video16 videos
Forwards and Futures Introduction7m
Forward Contracts7m
Futures Contracts4m
Rice Futures13m
Wheat Futures8m
Buying, Selling, and Settlement10m
Fair Value in Futures Contracts4m
Oil Futures14m
SPI & FFR Futures5m
Options Overview5m
Reading Options Pricing7m
Why Options exist9m
Ubiquity of Options5m
Put / Call parity9m
Using Options to Hedge7m
Quiz3 practice exercises
Lesson #12 Quiz18m
Lesson #13 Quiz12m
Module 5 Honors Quiz6m

6

Section
Clock
3 hours to complete

Module 6

In module 6, Professor Shiller introduces investment banking, underwriting processes, brokers, dealers, exchanges, and new innovations in financial markets. ...
Reading
19 videos (Total 141 min), 4 quizzes
Video19 videos
The Underwriting Process11m
IPOs6m
Goldman Sachs and John Whitehead4m
Ratings Agencies4m
Glass Steagall4m
Net Worth of the US8m
The Prudent Person4m
Salon - Advisors9m
Mutual Funds and ETFs9m
Brokers and Dealers8m
Exchanges6m
Limit Order Book4m
High Frequency Trading5m
Payment for Order Flow6m
Government Debt11m
Government involvement in Corporations6m
Municipal Finance9m
Government Social Insurance11m
Quiz4 practice exercises
Lesson #14 Quiz16m
Lesson #15 Quiz10m
Lesson #16 Quiz8m
Module 6 Honors Quiz12m

7

Section
Clock
4 hours to complete

MODULE 7

Professor Shiller's final module includes lectures about nonprofits and corporations, and your career in finance. ...
Reading
15 videos (Total 194 min), 1 reading, 3 quizzes
Video15 videos
Cooperatives8m
Alternative Forms5m
Salon - Public vs. Private5m
Critics of Modern Finance5m
Democratization of Finance9m
Salon - Democratization of Finance8m
Finance and War8m
Finance and Population Growth2m
The Importance of Financial Theory4m
Wealth and Poverty7m
Your Career and Finance9m
Interview with Roger Ferguson25m
Interview with Lei Zhang16m
Guest Georgia Keohane5m
Reading1 readings
Post-Course Survey10m
Quiz3 practice exercises
Lesson #17 Quiz10m
Lesson #18 Quiz10m
Final Exam42m
4.8
Direction Signs

50%

started a new career after completing these courses
Briefcase

83%

got a tangible career benefit from this course
Money

22%

got a pay increase or promotion

Top Reviews

By MKJun 8th 2018

Through this course, I have learned not only technical financial terms but much deeper meaning of the financial markets which I always wanted to understand. I feel very lucky that I took this course.

By ASMar 21st 2018

Basic 360 degree course on financial markets, recommended even for experienced financial professionals as Prof. Shiller could give you a different perspective on how modern financial economies work.

Instructor

Avatar

Robert Shiller

Sterling Professor of Economics at Yale University

About Yale University

For more than 300 years, Yale University has inspired the minds that inspire the world. Based in New Haven, Connecticut, Yale brings people and ideas together for positive impact around the globe. A research university that focuses on students and encourages learning as an essential way of life, Yale is a place for connection, creativity, and innovation among cultures and across disciplines. ...

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • If you pay for this course, you will have access to all of the features and content you need to earn a Course Certificate. If you complete the course successfully, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. Note that the Course Certificate does not represent official academic credit from the partner institution offering the course.

  • Yes! Coursera provides financial aid to learners who would like to complete a course but cannot afford the course fee. To apply for aid, select "Learn more and apply" in the Financial Aid section below the "Enroll" button. You'll be prompted to complete a simple application; no other paperwork is required.

  • 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!

More questions? Visit the Learner Help Center