Financial Markets Course

I’ve just finished the Financial Markets and Institutions online course by the Higher School of Economics. Before it, I tried Yale University course that had rather a bad production with professor talking with students in a bar with poor sound.

Higher School of Economics course has a clear structure, lots of tasks and examples. Production is also good, with background sounds, floating equations, and animations.

I was not new in finance before the course, with the first mutual fund share bought back in 2012 and dozens of books read about the economy, markets, and investments. But even for me course has new information, like Basel standards for banks stability, ADRs and GDRs explanation and handful formulas for bonds and stocks value estimation.

Although, there was some useless for me topics like the process of issuing stocks with too many details about it. Some topics are completely outdated, as a mutual investment. Author, professor Berzon is talking about mutual funds because it was the only tool in Russia for mutual investments back in 2014m when the course was filmed. However, since then ETF appeared with much lower fees, safe structure, and a wide range of assets behind them. However, in the course they are not covered at all.

Right after the course, I started Financial Tools for Private Investors specialization week trial by the same professor, but I note sure that it would be useful for me. Anyway, I have a couple more courses to get ahead.

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