Online courses directory (323)
Imagine that you are a bank and a main part of your daily business is to lend money. Unfortunately, lending money is a risky business - there is no 100% guarantee that you will get all your money back. If the borrower defaults, you will face losses in your portfolio. Or, in a bit less extreme scenario, if the credit quality of your counterparty deteriorates according to some rating system, the loan will become more risky. These are typical situations in which credit risk manifests itself.
According to the Basel Accord, a global regulation framework for financial institutions, credit risk is one of the three fundamental risks a bank or any other regulated financial institution has to face when operating in the markets (the two other risks being market risk and operational risk). As the 2008 financial crisis has shown us, a correct understanding of credit risk and the ability to manage it are fundamental in today’s world.
This course offers you an introduction to credit risk modelling and hedging. We will approach credit risk from the point of view of banks, but most of the tools and models we will overview can be beneficial at the corporate level as well.
At the end of the course, you will be able to understand and correctly use the basic tools of credit risk management, both from a theoretical and, most of all, a practical point of view. This will be a quite unconventional course. For each methodology, we will analyse its strengths as well as its weaknesses. We will do this in a rigorous way, but also with fun: there is no need to be boring.
Thanks to the wonderful feedback of last year’s students, the course has been further improved.
Follow us on Twitter @CRMooc for updates and hints about the course.
What is the estimated effort for course?
The total effort is 48 hours. You can decide for yourself when you will work on the course.
How much does it cost to take the course?
Nothing! The course is free.
Will the text of the lectures be available?
Yes. All of our lectures will have transcripts synced to the videos.
Do I need to watch the lectures live?
No. You can watch the lectures at your leisure.
Is this course related to campus courses of Delft University of Technology?
Yes, this course can be seen as an evolution of the WI3421TU Risk Management course, a compulsory course of the Minor Finance at TU Delft.
This course covers the key quantitative methods of finance: financial econometrics and statistical inference for financial applications; dynamic optimization; Monte Carlo simulation; stochastic (Itô) calculus. These techniques, along with their computer implementation, are covered in depth. Application areas include portfolio management, risk management, derivatives, and proprietary trading.
Learning economics through short video clips, classic readings, podcasts, and innovative assignments makes learning the science of choice fun, exciting and relevant. The “read, watch, listen, and do” approach is used to make learning both engaging and effective. The reading assignments are compact and the videos, podcasts, and assignments re-enforce each other in a manner that assures mastery of key learning objectives in economics and personal finance. Even if this is your first online course, you will find this one informative and user-friendly.
This is CS50 AP, Harvard University's introduction to the intellectual enterprises of computer science and the art of programming for students in high school, which satisfies the College Board's new AP CS Principles curriculum framework.
Students in high school may receive AP credit for this course provided their school approves the credit and administers the College Board's end-of-year exam. Students who earn a satisfactory score on 9 problem sets (i.e., programming assignments) and a final project are also eligible to receive a verified certificate from HarvardX.
Las Asociaciones Público Privadas (APPs) se han convertido en un instrumento esencial para el crecimiento productivo, económico y social de los países de América Latina y el Caribe. Al desarrollar e implementar las APPs, se han observado restricciones en las capacidades técnicas en los responsables, particularmente en el sector público.
Para cubrir este vacío, IDBx ha desarrollado este curso, el primer MOOC disponible en español para aprender a planear, diseñar e implementar APPs para proyectos de desarrollo en América Latina y el Caribe.
Este curso busca compartir las experiencias de instituciones internacionales líderes con el fin de ayudar a cerrar brechas de conocimiento en la utilización efectiva de APPs, proporcionando ideas, soluciones y lecciones aprendidas para hacer frente a los retos o restricciones en capacidades técnicas y administrativas en el sector público de la Región. Las lecciones contenidas en el MOOC son aplicables a diferentes sectores como infraestructura, salud, educación, banda ancha, y sector fiscal, y toma en consideración los contextos nacionales de varios países de la región, incluyendo Perú, México, Colombia y Brasil.
Para tal efecto, el curso pone a disposición de los participantes lecturas seleccionadas, videos, casos de análisis y otros recursos de aprendizaje.
El curso se basa en los contenidos de la Guía de Referencia sobre Asociaciones Público-Privadas (APPs) Versión 2.0., desarrollada y publicada en el 2014 por el BID, el Banco Mundial (WB) y el Banco Asiático de Desarrollo (ADB).
La preparación de este curso fue financiada por el Programa Especial para el Desarrollo Institucional (SPID) del Banco Interamericano de Desarrollo. Mayor información en la página web del SPID.
Public-Private Partnerships (PPPs) have become an essential instrument for productive, economic, and social growth in Latin American countries and the Caribbean. However, when developed and implemented, those responsible for PPPs' implementation have had limited technical capacity, particularly in the public sector.
In order to address this need, IDB has developed the first MOOC available in Spanish, to learn how to plan, design, and implement PPPs for development projects in Latin America and the Caribbean.
This course seeks to share the experiences of leading international institutions to contribute to close the knowledge gaps for the effective use of PPPs, providing ideas, solutions, and lessons learned to face the challenges or limitations of technical and administrative capacity in the region's public sector.
The lessons from this course are applicable to different sectors such as infrastructure, health, education, broad band, fiscal sector, and take into consideration national contexts from various countries in the region, including Perú, México, Colombia and Brasil.
The course is based on the Public-Private Partnerships (PPPs) Reference Guide Version 2.0, developed and published in 2014 by the IDB, World Bank (WB) and the Asian Development Bank (ADB).
The preparation of this course was financed by the Special Program for Institutional Development (SPID) of the Inter-American Development Bank. For more information visit the SPID website.
German is spoken by nearly one hundred million people in central European countries such as Germany, Austria, Switzerland, Luxembourg and Liechtenstein, and is the most widely-spoken first language in the European Union. Germany is internationally recognised as the industrial and economic powerhouse of Europe, so a working knowledge of German is essential for professionals in areas such as business, finance, economics and politics. In this free online German language course you will be introduced to basic German vocabulary and grammar. You will learn about times of the day, colours, numbers, the alphabet, and important verbs. This free online German language course will be of great interest to all professionals who would like to begin learning German, and to all learners who would like to be introduced to this very important European language.<br />
This course surveys research which incorporates psychological evidence into economics. Topics include: prospect theory, biases in probabilistic judgment, self-control and mental accounting with implications for consumption and savings, fairness, altruism, and public goods contributions, financial market anomalies and theories, impact of markets, learning, and incentives, and memory, attention, categorization, and the thinking process.
In this course, you will look at the properties behind the basic concepts of probability and statistics and focus on applications of statistical knowledge. You will learn about how statistics and probability work together. The subject of statistics involves the study of methods for collecting, summarizing, and interpreting data. Statistics formalizes the process of making decisions, and this course is designed to help you use statistical literacy to make better decisions. Note that this course has applications for the natural sciences, economics, computer science, finance, psychology, sociology, criminology, and many other fields. We read data in articles and reports every day. After finishing this course, you should be comfortable evaluating an author's use of data. You will be able to extract information from articles and display that information effectively. You will also be able to understand the basics of how to draw statistical conclusions. This course will begin with descriptive statistic…
In BUS103: Financial Accounting , we learned that firms are required to keep detailed financial records so that organized reports can be distributed to managers, shareholders, and government regulators. Principles of Finance will focus on what these managers, investors, and government agencies do with this information. It is an introductory course to various fields of finance and is comparable in content to courses that other institutions label as “corporate finance” or “financial management.” Finance is a broad term; you will find that both managers that compile the financial reports we discussed in financial accounting and stockbrokers working on Wall Street will claim that they work in finance. So what exactly is finance? Finance is the science of fund management. It is distinct from accounting in that, whereas accounting aims at organizing and compiling past information, finance is geared towards deciding what to do with that information. In this course, you will be exposed to a n…
Today, the management of information systems is mostly associated with databases, the Internet, and server rooms. However, “information management” has been around since before the invention of these tools. It is as old as commerce itself, as traders, bankers, and merchants have always had reason to track sales and inventory. Creditors must be aware of how much capital has been lent to borrowers and how much money has been deposited at banks. Long before humans harnessed electricity, there was a need for information systems. But currently almost all management of information systems is done electronically. Management Information Systems (MIS) is a formal discipline within business education that bridges the gap between computer science and the well-known business disciplines of finance, marketing, and management. However, most students will only take one or two MIS courses in their undergraduate programs. You may not know it, but you use MIS every day. If you use email, you are using MIS…
The purpose of this class is to advance your understanding of how to use financial information to value and analyze firms. We will apply your economics/accounting/finance skills to problems from today's business news to help us understand what is contained in financial reports, why firms report certain information, and how to be a sophisticated user of this information.
Introduction to the ways that business is related to, and interacts with, individuals, groups and institutions in the current U.S. environment. This course provides the terminology and concepts of the functional areas of business, setting the foundation for interpreting and analyzing the legal, social and ethical issues facing business today. Learners will gain a basic overview of the financial system, including sources of business financing and various types of financial statements.
This course was developed and is being offered by Anne Arundel Community College through OECx.
All course content is openly licensed under a Creative Commons Attribution license. You are free to translate, modify and repurpose course materials as long as you provide attribution to the course authors. For more information on Creative Commons licenses, please see http://creativecommons.org/about/license/