Forex Basics (Professional Course Level)
4.3 (36 ratings)
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Forex Basics (Professional Course Level)

Learn the fundamentals of International Forex Transactions
4.3 (36 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
6,186 students enrolled
Last updated 5/2017
English
Current price: $10 Original price: $20 Discount: 50% off
30-Day Money-Back Guarantee
Includes:
  • 1.5 hours on-demand video
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Understand Basics of International Finance
  • Understand Quotes used in Forex Transactions
  • Understand American Term and European Term
  • Understand Bid, Ask, Spread
  • Understand Forward Rate
  • Understand Appreciation and Depreciation of Rates
  • Understand Forward Rate, Premium and Discount
View Curriculum
Requirements
  • This course starts from scratch. Hence, no prior knowledge is requried
  • Students can approach this course with fresh mind.
Description

This course is about Forex Basics.

This course will have far reach to any one who is interested in knowing about International Finance and the related Forex Transactions.

Every business, which has cross border transactions, are exposed to risks and volatilities of International Finance. The cross border transactions can be in the form of Sales, Purchases, Investments, Loans, Advances, etc.

Hence, it becomes crucial for every business owner, every Finance Manager to have knowledge in International Finance.

The advent of "Floating Exchange Trade" in 1970s has brought significant changes in the International Market and had made the foreign exchange markets more volatile and riskier. Hence, one should have sound knowledge on the fundamentals of the Foreign Exchange Market and this course teaches you that.

In this course, you would be learning

a) What is Domestic Currency?

b) What is Foreign Currency?

c) What is Exchange Rate?

d) What is Direct Quote?

e) What is Indirect Quote?

f) What is the link between Direct Quote and Indirect Quote?

g) What is Foreign Exchange Market?

h) What is American Term and European Term?

I) What is Bid?

j) What is Ask?

k) What is Spread?

l) How to convert two way quotes?

m) What is Cross Rate?

n) What is Forward Rate?

o) What is Appreciation and Depreciation of Currency?

p) How to compute Appreciation and Depreciation of Currency?

q) What are swap points?

This course is presented in simple language with examples.

This course has video lectures (with writings on Black / Green Board). You would feel you are attending a real class.

This course is structured in self paced learning style. You would require good internet connection for interruption free learning process.

You have to go through the videos leisurely to grab the concepts with clarity.

Take this course to gain strong hold on the Fundamentals of International Finance.

Who is the target audience?
  • Any one who is interested in knowing about International Finance
  • Finance Students like CA, CS, CMA, CPA, CFA, CIMA, etc
  • MBA Finance Students
  • Entrepreneurs
  • Finance Managers
Curriculum For This Course
25 Lectures
01:28:34
+
Introduction to International Finance
2 Lectures 08:46
+
Quotes
4 Lectures 09:17

Indirect Quote
03:11

Link between Direct Quote and Indirect Quote
01:29

Examples for Direct Quote and Indirect Quote
02:08
+
American Term and European Term
3 Lectures 07:20
Foreign Exchange Market
02:05

American Term and European Terms
03:48

Examples for Americal Term and European Term
01:27
+
Bid and Ask
16 Lectures 53:11
Bid Rate and Ask Rate
04:12

Two Way Quote
01:41

Selecting Appropriate Rate
03:37

Spread
02:01

How to convert a Two Way Quote
04:29

Illustration to understand Two Way Quote
02:11

Cross Rate and Cross Multiplication
05:27

Illustration for Cross Rate and Cross Multiplication
05:34

Exchange Rate for a Day
02:05

What is Spot Rate
02:12

What is Forward Rate
05:02

What is Appreciation and Depreciation of Exchange Rate (Direct Quote)
03:33

What is Appreciation and Depreciation of Exchange Rate (Indirect Quote)
02:59

How to compute Appreciation and Depreciation of Exchange Rate
05:23

What are Swap Points?
02:45

Bonus Lecture - Discount Coupon Links for other Courses
10 pages
About the Instructor
CA Raja Natarajan, B.Com., PGDBA, FCA
4.1 Average rating
1,031 Reviews
37,244 Students
80 Courses
Chartered Accountant

I am a Chartered Accountant with tonnes of passion for teaching.

I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.

I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.

I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.

I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.