Understand Banks & Financial Markets

Learn about money, (central) banks and financial markets: participants, products, trading motives, pricing and structure
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  • Lectures 34
  • Length 3 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 12/2013 English

Course Description

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 a 3 hour video E-training at Udemy.

The topics covered by this training are for example:

  • 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 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.

What are the requirements?

  • None

What am I going to get from this course?

  • Improve you skills to work in the finance industry
  • Understand financial products and the language of finance
  • Identify the 3 types of money and how banks create money
  • You will learn what different types of banks do and how they make money
  • Overview of the 3 financial product categories to trade capital, foreign currencies and risk
  • Understand the emotions that drive Risk Management
  • The different types of derivative products and why they are traded in high volumes
  • Know the root of the 2008 financial crisis and how it can be prevented
  • Know how, why and by whom products are traded on financial markets
  • What is the role of Central Banks and their influence
  • How money is created
  • Overview of the payment prcoess

Who is the target audience?

  • This course is for everybody that wants to know what is happening in the world of banking
  • If you work for a bank, insurance company, pension fund or other finnacial institution
  • If you do business for financial institutions, e.g. as IT professional, Consultant, Controller; Accountant; Human Resources, Legal advisor.
  • If you want to understand what is needed to prevent a major financial crisis.

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.


Section 1: Introduction and Structure

After reading this booklet you will understand the fundamentals of the banking industry. Also it supports participants of my other training programmes and workshops.

Section 2: The Functions of money
The 4 functions of money explained

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/

Video Money Functions
Conditions for Accepting money - The Central Bank
ECB Inflation and Deflation
Section 3: Bank Core Activities
Introduction Bank Core Activities
Core Activity Transformation
Core Activity: Intermediation
Core Activity: Payments

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)

Core Activity: Proprietary Trading
Bank Income sources
Section 4: Bank Types
Introduction to Bank Types
Retail Banks
Private Banks
Wholesale Banks
Investment Banks
Commercial Banks - Too Big to Fail (System Banks)
Shadow Banks and Other Financial Institutions (OFI)
Bank of International Settlements (BIS)
Central Banks
Section 5: Introduction Financial Markets
Program Financial Markets Section
Fiancial Markets Activities: Supply and Demand of Capital
Financial Markets Product Category: Supply and Demand of Foreign Currencies
Fiancial Markets Activities: Supply and Demand of Risk by Derivatives
Trade Motivations on Financial Markets by Banks
The Dealing Room: What Happens and Why one Big Room?
The Financial Markets Trading Place: Exchanges and Over-The-Counter

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..

Summary Financial Markets
Section 6: Final: Download of e-book pdf version: Understand Banks & Financial Markets
42 pages
This e-book gives you a simple and structured overview of the banking sector and financial markets. This e-book contains links to useful short video's, content and other tools.

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Instructor Biography

Michiel van den Broek (MSc), Finance Trainer & Consultant

Finance is no Rocket Science

I'm passionate about training. My ambition is to take away the curtain of complexity to make finance understandable for you.

Since 2005 I have trained hundreds of participants working in the finance sector about Financial Markets and Products, Banking Fundamentals, Risk Management, Asset & Liability Management and Business Economics Fundamentals.. .

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