When studying finance, we have to apply math models to human behavior. The formulas are plentiful but they often are far from reality. As a result, the need to digest lots of dubious numbers makes studying finance a boring process. And the essence of financial ideas can hardly be gained insight in.
Unfortunately, it's not a nice story at all – the people study a lot but understand little. Many financial professionals just keep rewriting formulas with not that much thinking or understanding. Sometimes, that negatively effects the functioning of financial institutions.
In our Specialization, we're trying to take a different approach. We clearly demonstrate that the key motives behind financial events and decisions are those of the people. These motives can be revealed, and when this is done, ends start to meet. If this is explained clearly, a learner, even the one initially far from finance, can understand a lot and become more proficient in the area.
Taking the Specialization would contribute not only to a successful career in finance. Learners will gain insight to the core of modern finance that, in turn, will make them more resilient with respect to potential challenges of the financial world and will help take advantage of lucrative opportunities offered by financial markets.
For detailed description of Specialization courses and the Capstone please see: Coursera
This is selected feedback for the course "Capital Markets and Financial Institutions, or Other People's Money" launched on Coursera in the fall of 2016, that is a Russian-language sibling to the first course of the Specialization:
- An awesome course. I've never thought that the capital market story may be so interesting. Every day I have to stop myself from watching the whole week at once. It's really very clear and very intriguing.
- Great! No… Brilliant! Will wait for other courses with Konstantin Kontor as a lecturer.
- The instructor is wonderful! Everything is explained clearly. I am excited although my activities have nothing to do with finance.
All feedback from Coursera learners