This course is part of the Essentials of Corporate Finance Specialization

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Essentials of Corporate Finance SpecializationThe University of Melbourne

About this Course

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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

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Course 2 of 5 in the

Essentials of Corporate Finance Specialization

Approx. 17 hours to complete

English

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Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Course 2 of 5 in the

Essentials of Corporate Finance Specialization

Approx. 17 hours to complete

English

Could your company benefit from training employees on in-demand skills?

Try Coursera for Business

Instructors

Instructor rating

4.7/5 (29 Ratings)

Paul Kofman

Dean, Faculty of Business and Economics

Sidney Myer Chair of Commerce

80,273 Learners

5 Courses

Sean Pinder

Associate Professor

Faculty of Business and Economics

80,273 Learners

5 Courses

Offered by

The University of Melbourne

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Syllabus - What you will learn from this course

Content Rating97%(1,959 ratings)

Week1

Week 1

3 hours to complete

An Introduction to Key Global Markets

3 hours to complete

7 videos (Total 47 min), 7 readings, 2 quizzes

7 videos

The Role of Global Capital Markets - Overview1m1.0 Welcome and Introduction (Getting organized)7m1.1 The Equity Market (Where the company owners meet…)8m1.2 The Debt market (Where the company lenders meet…)6m1.3 The Foreign Exchange Market (No company is an island…)9m1.4 The Commodity Market (Where real assets are traded…)6m1.5 The Derivatives Market (Where business risks can be traded…)7m

7 readings

Course Syllabus10mYour Teaching Team10mWeek 1 Outline10mStart of Course Survey10mResources10mSocial Media10mStudy Tools and Tips10m

2 practice exercises

Week 1 Practice Quiz - This quiz does not contribute to your final grade30mWeek 1 Graded Quiz - This quiz contributes 10% towards your final grade30m

Week2

Week 2

3 hours to complete

Market 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.

3 hours to complete

8 videos (Total 82 min), 1 reading, 2 quizzes

8 videos

2.0 Markets and Value Creation (What have those markets done for us?)7m2.1 Flow of Funds (Access to finance keeps companies afloat)18m2.2 Price Discovery and Fair Value (A level playing field)25m2.3 Competition for Funds (Optimally allocating scarce funds)4m2.4 Portfolio Diversification (Sharing the risks)12m2.5 Principal Players (What does it take for the market to succeed?)6mMid Course Check-in 2mA View from Industry with BNY Mellon 4m

1 reading

Week 2 Outline10m

2 practice exercises

Week 2 Practice Quiz - This quiz does not contribute to your final grade30mWeek 2 Graded Quiz - This quiz contributes 10% towards your final grade30m

Week3

Week 3

2 hours to complete

Opportunities 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.

2 hours to complete

5 videos (Total 69 min), 1 reading, 2 quizzes

5 videos

3.0 Financing Opportunities and Constraints (Limits to growth)8m3.1 Liquidity Crises (When prices go stale)17m3.2 Fairness, Integrity and Transparency (Trust)17m3.3 Market Discipline (To keep companies honest)9m3.4 Rating Agencies (A company quality assessment)16m

1 reading

Week 3 Outline10m

2 practice exercises

Week 3 Practice Quiz - This quiz does not contribute to your final grade30mWeek 3 Graded Quiz - This quiz contributes 10% towards your final grade30m

Week4

Week 4

9 hours to complete

Identifying 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.

9 hours to complete

6 videos (Total 66 min), 4 readings, 4 quizzes

6 videos

4.0 The Links Between Global Markets (Contagion and spillover)6m4.1 Market Linkages (All prices are connected)12m4.2 Globalization (Finance knows no borders)10m4.3 A Global Financial Crisis (Were the markets to blame?)14m4.4 The Future of Financial Markets (For better or worse…)13m4.5 A Summary (Now you know the markets)7m

4 readings

Week 4 Outline10mAcademic Integrity10mWhere to From Here? The Next Step.10mEnd of Course Survey10m

3 practice exercises

Week 4 Practice Quiz - This quiz does not contribute to your final grade30mWeek 4 Graded Quiz - This quiz contributes 10% towards your final grade30mCourse Final Exam - This quiz contributes 40% towards your final grade30m

Reviews

4.6

80 reviews

5 stars
68%
4 stars
24.12%
3 stars
6.99%
2 stars
0.52%
1 star
0.34%

TOP REVIEWS FROM THE ROLE OF GLOBAL CAPITAL MARKETS

by MGSep 13, 2018

Well structured course, really brushed up my concepts in corporate finance. Worth the investment.

by SMJun 19, 2019

Great lesson! I recommend learning from another source first before taking this course. you need pre insight in order to understand some of the terms and content

by DSDec 2, 2021

The explanation is well written. The detail helped a lot for me to grasp what's in the course.

by JCJan 29, 2016

Very solid course, with a good overview on global market complexity. The final project seems a bit detached from the material, however.

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About the Essentials of Corporate Finance Specialization

Frequently Asked Questions

When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. 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.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
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.

More questions? Visit the Learner Help Center.

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The Role of Global Capital Markets

About this Course