In this course, participants will learn about how different markets around the world can interact to create value for, and effectively manage the risk of, corporations and their stakeholders. This is part of a Specialization in corporate finance created in partnership between the University of Melbourne and Bank of New York Mellon (BNY Mellon).
View the MOOC promotional video here: http://tinyurl.com/j7wyowo
Ce cours fait partie de la Spécialisation Essentials of Corporate Finance
The Role of Global Capital Markets
proposé par
Programme du cours : ce que vous apprendrez dans ce cours
Semaine
1An Introduction to Key Global Markets
We begin this course by exploring the importance of the financial market environment on corporate financial decision-making. Using the example of Kellogg’s, we cover the key financial markets that are reflected in the company’s financial statements. We briefly introduce their key functions and features in providing flow of funds, price discovery and risk management.
7 vidéos (Total 47 min), 7 lectures, 2 quiz
7 vidéos
1.0 Welcome and Introduction (Getting organized)7 min
1.1 The Equity Market (Where the company owners meet…)8 min
1.2 The Debt market (Where the company lenders meet…)6 min
1.3 The Foreign Exchange Market (No company is an island…)9 min
1.4 The Commodity Market (Where real assets are traded…)6 min
1.5 The Derivatives Market (Where business risks can be traded…)7 min
7 lectures
Course Syllabus10 min
Your Teaching Team10 min
Week 1 Outline10 min
Start of Course Survey10 min
Resources10 min
Social Media10 min
Study Tools and Tips10 min
2 exercices pour s'entraîner
Week 1 Practice Quiz - This quiz does not contribute to your final grade20 min
Week 1 Graded Quiz - This quiz contributes 10% towards your final grade20 min
Semaine
2Market Functions and the Key Players
This week we discuss the value added by financial markets to corporate development and economic growth. We cover the key roles of price discovery, flow of funds, efficient capital allocation, portfolio diversification and corporate governance. Introducing the influential participants in financial markets, we discuss how they contribute to the efficiency of those markets. We stress the important empirical result that countries with more developed and efficient financial markets experience faster economic growth and development.
8 vidéos (Total 82 min), 1 lecture, 2 quiz
8 vidéos
2.1 Flow of Funds (Access to finance keeps companies afloat)18 min
2.2 Price Discovery and Fair Value (A level playing field)25 min
2.3 Competition for Funds (Optimally allocating scarce funds)4 min
2.4 Portfolio Diversification (Sharing the risks)12 min
2.5 Principal Players (What does it take for the market to succeed?)6 min
Mid Course Check-in 2 min
A View from Industry with BNY Mellon 4 min
1 lecture
Week 2 Outline10 min
2 exercices pour s'entraîner
Week 2 Practice Quiz - This quiz does not contribute to your final grade30 min
Week 2 Graded Quiz - This quiz contributes 10% towards your final grade30 min
Semaine
3Opportunities and Constraints in Global Markets
In week 3 we discuss the limits to economic growth imposed by imperfections and inefficiencies in global financial markets. The need for liquidity (and the impact of a lack of liquidity) to guarantee efficient markets has been evident in the recent financial crisis. We also discuss the necessary trust in, and integrity of financial markets. Governments, regulators and rating agencies fulfil an important role to secure trust in the fairness and integrity of markets, but there is also a strong incentive for self regulation of markets.
5 vidéos (Total 69 min), 1 lecture, 2 quiz
5 vidéos
3.1 Liquidity Crises (When prices go stale)17 min
3.2 Fairness, Integrity and Transparency (Trust)17 min
3.3 Market Discipline (To keep companies honest)9 min
3.4 Rating Agencies (A company quality assessment)16 min
1 lecture
Week 3 Outline10 min
2 exercices pour s'entraîner
Week 3 Practice Quiz - This quiz does not contribute to your final grade30 min
Week 3 Graded Quiz - This quiz contributes 10% towards your final grade30 min
Semaine
4Identifying Links Between Global Markets
In the final week of this course we focus our discussion on the interrelatedness of (global) financial markets. What happens on the New York Stock Exchange affects equity markets worldwide, and a crash in the commodity market may trigger a sharp depreciation in a currency on the foreign exchange market. We discuss how this “web” of capital markets contributed to the Global Financial Crisis, and what the future holds for financial markets.
6 vidéos (Total 66 min), 4 lectures, 4 quiz
6 vidéos
4.1 Market Linkages (All prices are connected)12 min
4.2 Globalization (Finance knows no borders)10 min
4.3 A Global Financial Crisis (Were the markets to blame?)14 min
4.4 The Future of Financial Markets (For better or worse…)13 min
4.5 A Summary (Now you know the markets)7 min
4 lectures
Week 4 Outline10 min
Academic Integrity10 min
Where to From Here? The Next Step.10 min
End of Course Survey10 min
3 exercices pour s'entraîner
Week 4 Practice Quiz - This quiz does not contribute to your final grade30 min
Week 4 Graded Quiz - This quiz contributes 10% towards your final grade30 min
Course Final Exam - This quiz contributes 40% towards your final grade20 min
4.6
40%
83%
Meilleurs avis
par DH•Mar 26th 2016
Very useful and thought provoking course. Recommended for those who are new to capital markets as well as those who're keen to understand the latest developments of the markets.
par TL•Apr 27th 2016
I have learned a lot from this course, although I had to postpone it due to professional commitments. Excellent instructor.
Enseignants
Paul Kofman
Dean, Faculty of Business and EconomicsSidney Myer Chair of Commerce
Sean Pinder
Associate ProfessorFaculty of Business and Economics
À propos de The University of Melbourne
The University of Melbourne is an internationally recognised research intensive University with a strong tradition of excellence in teaching, research, and community engagement. Established in 1853, it is Australia's second oldest University.
À propos de la Spécialisation Essentials of Corporate Finance
You will gain a firm understanding of corporate finance, including accounting principles and financial analysis, how value is created by global markets, the choices firms face when making financial decisions and defining attitudes towards risk. The Specialization concludes with a Capstone project that allows you to apply the skills you've learned throughout the courses.
Foire Aux Questions
Quand aurai-je accès aux vidéos de cours et aux devoirs ?
Une fois que vous êtes inscrit(e) pour un Certificat, vous pouvez accéder à toutes les vidéos de cours, et à tous les quiz et exercices de programmation (le cas échéant). Vous pouvez soumettre des devoirs à examiner par vos pairs et en examiner vous-même uniquement après le début de votre session. Si vous préférez explorer le cours sans l'acheter, vous ne serez peut-être pas en mesure d'accéder à certains devoirs.
À quoi ai-je droit si je m'abonne à cette Spécialisation ?
Lorsque vous vous inscrivez au cours, vous bénéficiez d'un accès à tous les cours de la Spécialisation, et vous obtenez un Certificat lorsque vous avez réussi. Votre Certificat électronique est alors ajouté à votre page Accomplissements. À partir de cette page, vous pouvez imprimer votre Certificat ou l'ajouter à votre profil LinkedIn. Si vous souhaitez seulement lire et visualiser le contenu du cours, vous pouvez accéder gratuitement au cours en tant qu'auditeur libre.
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