Apr 09, 2017
Great course indeed. I was following the materials and videos of the crisis for a long time and this course perfectly summarized everthing back by data analysis. Highly recommended to all enthusiasts.
Mar 16, 2018
Excellent course on the GFC, I would highly recommend this to anyone wanting to learn more about the crisis. The instructors were very good and took a complex subject and made it very understandable.
par Dinesh R•
May 22, 2016
a) There clearly was a huge amount of criminal behavior that contributed to the crisis. The presenters appear to approach the subject half-heartedly, and focus their energies on disproving the possibility without sufficiently examining it.
b) A lot of the review questions focus on remembering facts rather than on understanding the causes and effects. For example, what is the relevance of being able to remember that job losses at the height of the crisis were of the order of 880k a month or 200k a month??
c) It is obvious to anyone with even trivial financial expertise that the financial system today is weaker than it was before the crisis. The too big to fail are bigger today (by a large margin) and interest rates are too low (remember the search for yield was the motivation for the creation of the exotic securities which blew up the system). Secy Geithner's focus in week 8 comes across as a personal defence of his actions rather an objective analysis of what was done and should have been done.
par Akshay U H•
Mar 04, 2019
A well-paced primer on various terminology in banking and finance. But while considering the various causes - understates the risk in various financial assets, does not consider into account various factors such as human error and shady machinations in the investment banking industry(Conflict of interest, resistance to regulations), predatory lending. And does not talk about the Behind The Scenes of most of the major falls - just touches on the topics at face value which raises more questions than it answers.
par Mike K•
Jan 16, 2019
A little long and repetitive, but very in depth. Yale is by far the best at the videos and getting guest speakers that are interesting. Definitely feel well informed about the global financial crisis and the origins of financial crises in general.
par Fahad S•
Dec 10, 2018
Just completed this course in a 2-week whirlwind. The structure is very conducive to watching a couple of hours to finish half a week in one sitting, or also (if you prefer) more bite-sized portions of learning.
Andrew Metrick and Tim Geithner are highly knowledgeable and engaging teachers with a lightness of touch that conceals a masterful grasp of their subject. They use apt analogies to break down what are, in some cases, quite complex financial constructions to make them comprehensible to a lay audience (while my education was in the sciences, I consider myself a novice in economics and finance - though perhaps not any more). I found myself looking up the occasional phrase or acronym but almost every specialist term was fully defined in the lectures.
One of the highlights of the course was having a direct insight from someone who was, not just there on the ground in '07-'09, but in many ways the conductor of the US response to the crisis. Having Secretary Geithner as a lecturer initially sold me on this course, and I was not disappointed. There is a messiness to the GFC that can be overwhelming in some of the deep dives, as you might expect with such a complex historical event, but in the final lectures he brings it together with some simple (and reassuring) rules about how a government might proceed in the future, in the knowledge that crises do occur and cannot be predicted. Geithner has the bearing of a financial Confucian; quiet and thoughtful, yet exacting; emphasising fiscal and financial prudence for governments and bank-like institutions, while showing compassion and concern for those citizens that bore the brunt of the crisis. I hope and expect that some of these important teachings are enshrined and elevated to the high status that they deserve.
par Gonzalo B V•
Jan 27, 2019
Pretty good, excellent explanations and presentations!
par Priyansh M•
Jan 29, 2019
Amazing course with good flow and great insights.
Feb 22, 2019
It's very useful and with a clear logic of the course. And, the pronouciation of the professor is very clear, that is one of the main reason I can understand and continue the course. And the translation of content is helpful for me too. Exelent platform for leaners.
par Isaac H•
Feb 22, 2019
par MITSUTOSHI K•
Feb 24, 2019
Great course! I am looking forward to learning a bonus track which Andrew mentioned in the course.
par Paul F G•
Feb 09, 2019
This was an amazing course. It is rare to have two individuals, both affected by a major event, methodically and professionally review and analyze the causes and outcomes of that event. This course is a wonderful opportunity to learn from two excellent instructors and additionally who "lived the event", to then expound upon what happened, how it happened, why it happened and hopefully now not to happen again.
par Dan S•
Mar 04, 2019
Great course and the understanding gained of how the financial crisis was caused is key to preventing a repeat.
par Vijay S•
Mar 23, 2019
Very well constructed course matertial with enough detail and data though not to make it tedious, just wonder if there is way to shorten the length?
par Emanuel M•
Mar 23, 2019
Truly excellent and informative course. Can't recommend highly enough.
par Chandra K•
Feb 07, 2019
The course gives you the clear picture of what had happened during Financial Crisis and the best part is what should have/ what action need to be taken for future crisis.
par Mahika B•
Feb 08, 2019
This course is extremely helpful for those willing to know the events that led to the Global Financial Crisis. I was not aware of aspects such as the Shadow Banking System playing an important role in 2008 and how it led to the collapse of the financial market. Timothy Geithner himself explains a module which was extremely helpful.
par Mike N•
Feb 19, 2019
Very good course in explaining the Crisis
Jan 25, 2019
Brilliantly well-presented and enlightening course.
Teaches a lot more than the Global Financial Crisis
par Djana R•
Jan 25, 2019
Very good course! Informative.
par Hari V•
Dec 28, 2018
Wonderful course and Professor Metrick teaching was awesome.
par ahn c y•
Jul 27, 2018
I have read many books explaining Global Financial Crisis, but have been disappointed by the lack of well organized information. Each module recommends documents. I have spent much time to read all the documents with fun, which have helped me understand the root cause of Global Financial Crisis as well as USA government + FED.
Feb 03, 2017
Very nice Course
par Evgeny K•
Jan 05, 2017
comprehensive, insightful, well structured.
par Alexander K•
Feb 13, 2017
Thank you very much for providing this in depth view into the mechanisms causing the Great Recession. AAA rating on the well-organized structure of the course.
par Carlos H•
Aug 18, 2016
This is an amazing course, the mix between theory and practice is excellent, this is one the best course that I have ever taken.
par Jennifer P•
Aug 12, 2017
Very informative and thorough. Both instructors added real life experiences, which enhanced the material they were teaching.