Fundamentals of Financial Markets
Financial markets provide for the efficient allocation of resources within the economy. Through organized and regulated exchanges, people trade financial securities, commodities, and other fungible items of value at low transaction costs and at prices that reflect supply and demand. The financial markets provide businesses and governmental entities access to capital.
This course serves as an introduction to the financial system. It distils and describes the financial system into the financial institutions, financial markets, financial instruments and financial services. The components are given much attention because of the central theme they play – the different players, markets and instruments.
At the end of the course, the participant should be able to:
- Provide participants with the relevant knowledge on the financial system;
- Highlight the different financial markets and their components;
- Equip participants on fundamental quantitative skills on pricing of different instruments in the different markets.
The course consists of the following modules:
- Financial system
- Structure and functions - Financial markets
- Financial market players
- Financial markets
- Financial market instruments
In order to ensure the best possible outreach, the course will be delivered through e-learning. Through a multiple-instructional setting, the goal is to achieve the learning objectives by means of learning technologies by the inclusion of non-linear learning that aims at the development of just-in-time skills of adult learners. At the same time, in order to allow participants maximum flexibility of scheduling, the learning will be conducted in an asynchronous manner. Using a state-of-the-art training architecture, MEFMI will combine self-learning with assessments and online discussions. The pedagogy - adapted specifically to professionals in full-time work - will help train participants through various experiences: absorb (read); do (activity); interact (socialize); reflect (relate to one’s own reality). This course will be conducted in partnership with the United Nations Institute for Training and Research (UNITAR).
New officials responsible for domestic financial markets in the Central Bank, Ministry of Finance/Economic Planning and or Development, Capital Market regulators, Securities Exchange, Insurance regulators and Pension regulators. Officials from other stakeholder departments like Legal, Financial sector supervision, financial stability, research, and payment systems departments are encouraged to enrol.
A certificate of completion will be issued by MEFMI to all participants who complete the course-related assignments and assessments successfully.
Recommended hardware and software requirements for taking our e-learning courses:
- Platform: Windows XP sp3, Vista sp2, Windows 7 sp1, MacOS X.
- Hardware: 2 GB of RAM and higher for Vista and Windows 7.
- Software: Microsoft Word, Microsoft Excel, Microsoft Powerpoint and Adobe Acrobat Reader (downloadable for free at adobe.com).
- Browser: Internet Explorer 8 or higher; Mozilla Firefox 8 or higher.
- Internet connection: 128kbps and higher.
- Note: JavaScript, pop-ups & cookies must be enabled.
For further information about the course, please email:
Mr. Patrick Mutimba
Director, FSM
The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI)
Email: Patrick.Mutimba(at)mefmi.org
Ms. Michelle Mutinda
Programme Manager, FSM
The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI)
Email: Michelle.Mutinda(at)mefmi.org