
An introduction to this eLearning course topics
In this lecture, we explain the four basic functions of money:
1. Unit of value,
2. Medium of exchange
3. Standard of deferred payment
4. Store of value.
You will learn why money is essential for trade, credit, saving, and the functioning of modern banking.
This short video explains the three different types of money and who can create money. Also you will learn about the money multiplier and liquidity reserve. Source of this video: http://positivemoney.org/videos/
This short video gives you an overview of the payment process. You will learn about the role of Central Banks and how banks settle payments. Source of this video: http://positivemoney.org/videos/
This video gives an example of credit card payment. This video is created by the Kahn Academy (https://www.youtube.com/watch?v=IPxQQNyCxas)
In May 2026, the ECB proposed a stronger macroprudential framework for non-bank financial intermediation, also known as shadow banking. This lecture summarizes the main elements of the proposal, which aims to reduce systemic risk by improving the regulation of leverage, liquidity risk, investor behaviour, and financial interconnectedness.
In this film you will learn about the history of the first public financial trading: The Amsterdam Stock Exchange. It illustrates the development and future of trading..
In this lecture, you will learn more about one of the core activities of commercial banks: maturity transformation. You will learn how and why maturity mismatches are created, how they expose banks to interest rate risk, and which tools are used to manage that risk.
A yield curve is a graphical representations of the relationship between maturity and interest rates, or yields.
This lecture teaches you how to interpret the shape of a yield curve and possible changes in it
In this lecture, you are introduce to money market futures: exchange-traded derivatives used to manage short-term interest rate risk.
The December BIS Quarterly Review is a special edition delving into the data collected from more than 1,000 banks in 52 jurisdictions, uncovering the wider trends and structural shifts at play in FX and interest rate derivatives markets. Watch the highlights in our video with Hyun Song Shin, Andreas Schrimpf and Goetz von Peter.Used with permission of the Bank of International Settlements;
Sources:
https://www.bis.org/publ/qtrpdf/r_qt2512.htm
https://www.youtube.com/watch?v=Mgv7YuBcph8
In this lecture, we use Northern Rock as a real-life example of how liquidity risk can threaten a bank, even when its problems are not initially caused by credit losses.
Welcome to our course.
Since 2005, we design education programs for professionals who do not have a background in finance. Our ambition is to take away the curtain of complexity to make finance understandable for you and to support your career in the world of finance.
Starting in the '80s, banks have become huge financial supermarkets offering a wide range of different services and products. Employees in these large banks have developed specialized expertise in the area in which they decide to make a career.
Along with rapid developments in information technology this has resulted in large IT departments staffed by people without any particular financial and banking education.
For example: How was it possible that the 1929 financial crisis was repeated by the 2008 credit crisis? The outrage and confusion illustrates the knowledge gap of understanding what banks do, what happens on financial markets and what is needed to prevent a derailment of the financial sector.
Since 2005, I train people in the financial sector. To bridge the basic knowledge gap with an easy accessible tool, I have created this 2 hour video E-training at Udemy.
What can you expect - Example topics covered by this course:
Learn about money types and the role of Central Banks;
Understand the different bank types and their activities;
Get an overview of the 3 financial product categories to trade capital, foreign currencies and risk
Understand financial market products trading: how, why and by whom;
What happens on a dealing room;
You will be introduced to types of derivative products and why they are used;
Learn about the root of the 2008 financial crisis and how it can be prevented;
Understand how banks create maturity transformation mismatche to increase Net Interest Income
The management of interest rate risk exposure result from maturity mismatches
Understand exchange trading by a 20 minute entertaining video of the history of the Amsterdam Stock Exchange.
BONUS: Students can download a FREE copy of my 40 page book Understand Banks and Financial Markets (Normal price $6) at Smashwords.
We have more successful Udemy bank courses for you.
Our new eLearning Understand Financial Risk from Banking will grow your understanding of the business model of banks. Course completion can also benefit professionals that work in other financial institutions, such as pension funds, insurance companies and investment firms. This course includes 43 multiple choice questions to test your understaning
Understand Money Markets introduces you to the world of interest rate calculations and the main products traded on the money markets: deposits, money market securities and repurchase agreements. This course contains more than 1,5 hours of mp 4 video’s accompanied with downloadable pdf documents (total 20 pages) and quizzes to test your skills and understanding with multiple choice questions (total 34).
Understanding Foreign Exchange is a beginner-friendly course that guides you step by step through how the global currency market: how it operates and show you how to manage the risks of currency fluctuations using tools such as FX spot, swaps and forwards. Your learning and understanding is enhanced by the multiple choice questions for every section.
Happy learnings!
Michiel van den Broek
OUR OTHER UDEMY AVAILABLE COURSES
If you work for a bank or other financial institution and want to boost your career: Udemy eLearning works!
Since 2005 we design education programs for professionals who do not have a background in finance.
More than 40.000 have already participated in our low cost programs:
Understand Banks & Financial Markets
Understand Money Market Securities and Repos
Understand Financial Risks from Banking
Understand Finance to Signal Money Laundering
Understanding Foreign Exchange
An Introduction to Financial Money and Capital Markets
If you have any questions or would like more information about our eLearning or classroom programs, please feel free to contact me.