Financial Market Analysis by International Monetary Fund via Edx: Fee, Duration, How to Apply

Quick Facts

particular	details
Medium of instructions English	Mode of learning Self study	Mode of Delivery Video and Text Based	Learning efforts 5-6 Hours Per Week

Course overview

Financial Market Analysis online course aims to help you analyse and interpret financial data by providing a common language in finance. It is a great foundation course. You can use the knowledge you gain from this training for more specialised or policy-oriented training areas, especially where finance and macroeconomics meet.

Financial Market Analysis by edX curriculum covers a wide variety of concepts with hands-on demonstrations. These concepts include calculating different measures of bond yields and comparing them across different types of instruments, pricing different types of bonds, and interest rate term structure. Moreover, you will understand why stock prices fluctuate, and why they vary for different companies. You can apply these fundamentals to understand stock markets as a whole.

The course is offered by The International Monetary Fund. The training has a panel of educators, each highly experienced in their field of work. The course duration is seven weeks of 100% online learning. This is an intermediate course in Economics and Finance with self-paced learning and optional certification. There are two enrolment options to join the programme, namely, verified and audit. In the former, the candidates can access the course unlimitedly and get a certificate of completion whereas in the latter, they can get access only for a limited period of time.

Course and certificate fees

Type of course

Free

The program allows two modes of admission. You can either enroll in the course for free or get additional benefits by paying a fee of Rs.2,087.

Fee structure

Course Name	Fee in INR
(Paid verified track)	Rs.2,087

certificate availability

Yes

certificate providing authority

International Monetary Fund

certificate fees

₹2,087

Eligibility criteria

Before joining the course, it would be best to have a working knowledge of economics. The course particularly recommends macroeconomics.

What you will learn

Financial management

Complete the Financial Market Analysis programme to gain a robust understanding of the following topics:

How to identify different types of basic fixed–income securities? What is Financial Management?
Pricing a variety of financial assets, namely, equities, money market instruments, and bonds
Comparing and measuring different yield measures for financial assets
Understanding the differences in the valuation of markets or single equities or with economic fundamentals
Using historical data and assessing likely composition changes resulting from changes in macroeconomic conditions to construct an optimal portfolio of risky assets
How to calculate Stressed Value at Risk (VaR), Expected Shortfall and Value at Risk to assess an investment’s market risk

The syllabus

An Overview

Course at a Glance
Discussion and Platform Interaction
Introduction to edX
Excel Tutorials
For Government Officials
Certificates of Completion

Entry Survey and Pre-Course Test

Entry Survey
Pre-Course Test (22 Questions)
Introduce Yourself

Module 0: Principles of Financial Mathematics (Optional)

0.1 | Introducing Financial Mathematics
0.2 | Financial Mathematics - 1
0.3 | Financial Mathematics - 2
0.4 | Moving Forward

Module 1: Pricing Money Market Instruments

1.1 | Starting Module 1
1.2 | Defining Money Markets and Instruments (15 Questions)
1.3 | Fixed Income Securities (12 Questions)
1.4 | Pricing Money Market Instruments - 1 (3 Questions)
1.5 | Pricing Money Market Instruments - 2 (3 Questions)
1.6 | Closing Out
1.7 | Solutions

Module 2: Bond Pricing

2.1 | Starting Module 2
2.2 | The Basics of Bond Pricing (2 Questions)
2.3 | The Bond Pricing Formula (12 Questions)
2.4 | Yield Measures - 1 (4 Questions)
2.5 | Yield Measures - 2; and Bond Pricing (4 Questions)
2.6 | Premium Par and Discount Bonds (8 Questions)
2.7 | Pricing a Bond between Coupon Dates (4 Questions)
2.8 | The Yield for a Bond Portfolio (2 Questions)
2.9 | Closing Out
2.10 | Total Return Analysis (OPTIONAL)
2.11 | Solutions

Module 3: Sensitivity of Bond Prices

3.1 | Starting Module 3
3.2 | Relationship Between Bond Price and Yield Maturity (3 Questions)
3.3 | Macaulay Duration (3 Questions)
3.4 | Properties of Duration (5 Questions)
3.5 | Price Approximation Using Duration (5 Questions)
3.6 | Application of Duration: Immunization (2 Questions)
3.7 | Principles of Convexity (4 Questions)
3.8 | Convexity Application: Barbell Strategy (5 Questions)
3.9 | Closing Out
3.10 | Solutions

Module 4: Term Structure of Interest Rates

4.1 | Starting Module 4
4.2 | The Term Structure of Interest Rates (7 Questions)
4.3 | Forward Interest Rates (5 Questions)
4.4 | Constructing the Yield Curve (9 Questions)
4.5 | Modeling the Yield Curve (3 Questions)
4.6 | Interpreting the Term Structure of Interest Rate (2 Questions)
4.7 | Beyond the Pure Expectation Hypothesis (5 Questions)
4.8 | Closing Out
4.9 | Solutions

Module 5: Equity Pricing

5.1 | Starting Module 5
5.2 | Balance Sheets and Cash Flows (11 Questions)
5.3 | Finite and Infinite Horizon (2 Questions)
5.4 | Growth and Return on Investment (13 Questions)
5.5 | Observing the Market - 1 (9 Questions)
5.6 | Observing the Market - 2 (5 Questions)
5.7 | A Global Perspective
5.8 | Closing Out
5.9 | Solutions

Module 6: Asset Allocation and Diversification

6.1 | Starting Module 6
6.2 | The Basic Concepts (10 Questions)
6.3 | The Two-Asset Portfolio (13 Questions)
6.4 | The Investor Decision (3 Questions)
6.5 | Building and Analyzing the Portfolio (4 Questions)
6.6 | International Diversification (3 Questions)
6.7 | Closing Out
6.8 | Solutions

Module 7: Introduction to Risk Management and Value-at-Risk

7.1 | Starting Module 7
7.2 | Risk Management and Value-at-Risk (VaR)
7.3 | Historical Simulation (12 Questions)
7.4 | Value-at-Risk Delta Normal (9 Questions)
7.5 | Monte Carlo Simulation (5 Questions)
7.6 | Value-at-Risk Extensions (15 Questions)
7.7 | Closing Out
7.8 | Solutions

Final Course Test and Final Course Survey

Final Course Test (30 Questions)
Final Course Survey

Admission details

The Financial Market Analysis certification programme admission procedure begins by visiting the course page on the official site.
Then, understand the details of the course and sign in with your edX or any other acceptable account. Else, create one.
Select amongst the list of available sessions. Locate the ‘Enroll Now’ option.
Select whether you want the paid verified track or audit track. Make your fee payment if necessary.

Filling the form

The course needs you to only sign up to secure your admission. You can do that by providing basic details like the country you reside in, your name, the name you want to appear on the website, and your email address. Choose your password, and you are enrolled. If you find this tedious, just use your social credentials to sign in. You can use your Facebook account, Apple account, Google account, or Microsoft account.

How it helps

Financial Market Analysis Certification offers access to the course material without any fee payment. You can also choose your lesson timings and attend them online. The certification you will earn will add immense value, especially as it carries the logo of The International Monetary Fund. You can add it to your CV, your job profiles on recruitment sites or social media and increase your chances of enhanced career prospects.

Instructors

Mr Adolfo Barajas
Senior Economist
International Moneta...

Other Bachelors, Ph.D

Mr Evan Tanner
Senior Economist
International Moneta...

Ph.D

Mr Seung Mo Choi
Economist
International Moneta...

Other Bachelors, Ph.D

Mr Fabio Comelli
Senior Economist
International Moneta...

Ph.D

Mr Alex Ho
Economist
International Moneta...

Ph.D

Mr Christian Johnson
Senior Economist
International Moneta...

Other Masters, Ph.D

Mr Francisco Vasquez
Senior Economist
International Moneta...

Other Bachelors, Ph.D, MBA

FAQs

What are the credentials of the Financial Market Analysis online programme’s educators?

The educator panel is made of Adolfo Barajas, Evan Tanner, Fabio Comelli, Alex Ho, Christian Johnson, Francisco Vasquez, and Seung Mo Choi from the International Monetary Fund institution. You can take a look at the individual educator’s profile by clicking on their names.