Certificate in Finance Basics

Money and Banking Designed for commercial bankers, financial analysts and others who wish to have a basic understanding of money and banking. This series provides an overview of the fundamental principles that form the foundation of the money and banking systems around the world. The series covers monetary bases, the main instruments of monetary policy and theory, and concludes with a discussion of the theory and implementation of monetary policies. Who should take this course:   New Hires, commercial bankers, financial analysts and others who want a basic understanding of money and banking. Prerequisites:   None Training Hours/CPE Credits:   9     Modules The Nature of Money       Module Code :  crcn_1067 Level :  Basic Training Hours/ CPE Credits :  1 Module Description: This module discusses money, exploring its properties and functions. We'll be tracing the historical development of the barter economy, fiat money, and the gold standard. That includes both its benefits and drawbacks. Learning Objectives: After completing this module, you'll be able to: Recognize the functions and properties of money Distinguish between monetary and non-monetary economic systems List the benefits and drawbacks of the gold standard Measuring Money       Module Code :  crcn_1068 Level :  Basic Training Hours/ CPE Credits :  1 Module Description: In this module we are going to study in-depth what money is and look at three definitions of the money supply. Learning Objectives: After completing this module, you'll be able to: Describe the role of liquidity in defining money Deconstruct money supply aggregates Explain how the size of the money supply effects economic performanc Creating Money       Module Code :  crcn_1069 Level :  Basic Training Hours/ CPE Credits :  1 Module Description: This module covers deposits, lending and the creation of money by the banking system. Learning Objectives: After completing this module, you'll be able to: Identify key elements of the fractional reserve system Recognize the Fed's role in handling transactions Indicate the relationship between the money supply and the monetary base Creating the Federal Reserve System       Module Code :  crcn_1070 Level :  Basic Training Hours/ CPE Credits :  1 Module Description: This module covers the history and current structure of the Federal Reserve and takes a detailed look at the role of the Federal Reserve in the U.S. financial system. Learning Objectives: After completing this module, you'll be able to: Associate the Fed's history and structure with US economic and political history Relate the Fed's structure to its functions Define the roles that the Fed plays in the US economy Theory of Monetary Policy       Module Code :  crcn_1071 Level :  Basic Training Hours/ CPE Credits :  1 Module Description: This module covers various economic theories. Learning Objectives: After completing this module, you'll be able to: Identify the principal elements of five theories of economic growth. Contrast the various approaches to predicting economic fluctuations. Implementing Monetary Policy       Module Code :  crcn_1072 Level :  Basic Training Hours/ CPE Credits :  1 Module Description: In this module you'll learn about the objectives of the United States' monetary policy, and such details as open market operations, the Fed's discount window, reserve requirements, and other transmission mechanisms. Learning Objectives: After completing this module, you'll be able to: Recall the main purpose of monetary policy and the factors that affect it Identify three market-based indicators of Monetary Policy Identify the effects Open Market Operations have on the Quantity of Money and the Supply of Credit Identify the Discount Window and its importance to lenders Identify the effect that reserve requirements have on the quantity of money, as well as the demand to borrow it Identify other methods of influencing the markets used by the Fed International Banking       Module Code :  crcn_1073 Level :  Basic Training Hours/ CPE Credits :  1 Module Description: This module covers the creation and rapid expansion of international banking during the last half of the 20th century. Learning Objectives: After completing this module, you'll be able to: Name the two primary aspects of international banking Identify the factors behind the rise of international banking in the latter half of the 20th Century Relate the money creation process to international banking Central Bank Structure       Module Code :  crcn_1074 Level :  Basic Training Hours/ CPE Credits :  1 Module Description: In this module we are going to discuss the significance of central banks and the evolution of central bank policy. We'll also provide some real world examples of central bank policies. Learning Objectives: After completing this module, you'll be able to: Identify the changing roles and goals of central banks over the last 30 years Identify the targets and instruments used by central banks and the effects these targets and instruments have had on monetary policy Central Banks Around the World       Module Code :  crcn_1075 Level :  Basic Training Hours/ CPE Credits :  1 Module Description: This module shares some important perspectives on selected Central Banks. It also discusses approaches to central banking in developing economies. Learning Objectives: After completing this module, you'll be able to: Recognize descriptions of the Bank of England in terms of its historical development, the role of the Monetary Policy Committee, and how it determines and uses interest rates. Identify descriptions of the European Central Bank in terms of its function, its relation to the Eurozone, and how it determines and uses interest rates. Comprehend descriptions of the Bank of Japan in terms of its responsibilities and how it determines and uses interest rates. Identify approaches to central banking used in developing economies.