In this course, you will learn ways in which technology has changed how financial markets and institutions function. Every part of the financial value chain is being “disrupted” by nimble technology-based innovators. Where personal relationships used to determine success and failure, the ability to process and act on massive amounts of data is taking over. Securities trading and securities issuance, typically the turf of large institutions, is being taken over by technology. High frequency and algorithmic trading take advantage of fast access to information and technology to trade in milliseconds. Financial market operators have morphed into pure technology firms and data providers. Technology and financial innovations can be used for good or not so good purposes. For instance, it can be used to exploit the information of less sophisticated investors, or to provide them with liquidity. The course will study both the good and bad, regulatory aspects, and ethical considerations. All these aspects are changing the skills required to be successful in digital capital markets. We will also cover how finance has changed and is changing, the skills required to be successful and what the future may bring. Where possible we will link new phenomena to classical finance theory and highlight where predictions and reality have diverged. An introduction to technology in capital markets, the course is taught by a world-class instructor, actively involved in academic and policy research and training the next generation of traders. This course will prepare students from many backgrounds for careers in financial markets and financial market technology.

Workers of the future will need new sets of skills to compete. Recent advances in technology are changing how we live, communicate and do business, disrupting traditional industries and redefining the employee-employer relationship. Thousands of routine and low-skill jobs will be eliminated by automation, A.I. and digital hyper-connectivity. However, these same advances present new opportunities, like: New job creation Increased productivity Improved delivery of public services This course emphasizes the urgency of developing human capital in meeting the challenges of the coming decades. Developing countries will need to take rapid action to invest in their people as innovation continues to accelerate. Themes in the course include: artificial intelligence, the gig economy, world of work, the future of work, labor market, policy makers, new technologies, digital economy, jobs of the future, machine learning, and labor force. Skills-based example: Participants will learn through Ted-like talks, podcasts, readings, interactive quizzes and scenario based exercises. They will also have an opportunity to share and dialogue with peers and experts including practitioners, government officials, academic and private sector. This course will introduce students to forward-thinking approaches that will build the new skill sets required in the 21st Century, including: critical analysis problem solving “soft skills” like teamwork and empathy

This course begins with a look at current, long-term and contingent liabilities and learn how to account for a bond issue over its entire life. We’ll then look at the background on Stockholder’s Equity and then dives into the types of equity. We’ll also cover cash dividends, preferred stocks, and employee stock options. Next, we’ll dive into an understanding of Free Cash and learn how to distinguish between Free Cash Flow to the Firm and Free Cash to equity. We’ll also learn how to distinguish between the U.S. GAAP and IAS GAAP for various cash flow items. This course is part 4 of the New York Institute of Finance’s Financial Accounting Professional Certificate.

Our present system of global capitalism is flawed. While it has produced immense wealth and economic growth in nearly all regions of the world, it has also prioritized profits over people and harmful consumption practices over the needs of our planet. Sustainable development must bring about a new world order to replace the vices of global capitalism, ensuring development, human wellbeing, and environmental security. This course presents Agenda 2030 and the Sustainable Development Goals as the necessary successor to laissez faire-style capitalism, and emphasizes the urgency of embracing sustainable development objectives to transform our economy into a more reactive, efficient, inclusive, and environmentally-conscious system. This 8-week massive open online course (MOOC) provides an in-depth look at the shortcomings of our current and past global economies, and shows why and how sustainable development has become the universally-prioritized agenda for the future of our world. The topics covered range from market economics to education, gender equality, international trade, financing, and more. This course is for: Policy professionals who want to understand frameworks for SDG planning Development practitioners seeking information on goals-based development Advanced undergraduates and graduate students interested in economics, development, and other key concepts related to the SDGs

National economies have grown substantially since the Industrial Revolution of the 19th century yet people have not necessarily seen an increase in opportunities to find decent work or earn a decent income. In fact, in some places, the increased productivity and rising profits associated with automation have directly impacted the availability of decent jobs. According to the International Labour Organization, more than 204 million people were unemployed in 2015, and more than 600 million new jobs are needed by 2030 just to keep pace with the growth of the working-age population. We also need to improve working conditions for the 780 million women and men who are employed but not earning enough to lift themselves and their families out of poverty. In addressing these core issues we will not only see increasing decent work opportunities but also more robust, inclusive and poverty-reducing growth. This course explores the past and future of work in the context of the SDGs, particularly SDG 8: Decent Work and Economic Growth. It examines the state of income and employment around the world, barriers to employment, policies to promote economic opportunity, and the future of work in our rapidly changing world. Encouraging entrepreneurship and job creation are key to achieving the SDGs, as are effective measures to eradicate forced labour, slavery and human trafficking. With these targets in mind, the world can achieve full and productive employment and decent work, for all women and men, by 2030. This seven-module massive open online course (MOOC) provides an in-depth look at the issues of inclusive and sustainable economic growth, full and productive employment, and decent work for all. The topics covered include structural shifts in economies and work; informality, gender and child labor, the modern welfare state; the future of work, and more. The course concludes with a special module by the ILO on realizing decent work for all and achieving SDG 8. This course is for: Policy professionals who want to understand frameworks for SDG planning Development practitioners seeking knowledge on goals-based development Advanced undergraduates and graduate students interested in economics, development, and other key concepts related to the SDGs

FinTech has started a global revolution in the financial services industry, and the transformation will only increase in coming years. There are many ways in which FinTech can improve the lives of people around the world; however, those same technologies can also be used to enslave, coerce, track, and control people. Accordingly, it is appropriate and necessary to consider the implications of the introduction of these technologies so that they are utilized properly, regulated sufficiently, and their adoption does not come at the expense of societal growth. This 6-week online coursecovers 6 modules, representing the full spectrum of finance, technology, and the introduction of FinTech solutions globally. We will ask questions that are not often asked or addressed when new technologies are adopted. Why should we adopt FinTech solutions, and what are the best ways to introduce disruptive technologies? How does blockchain technology change the way we provide financial services, and how should blockchain technology be governed? Is FinTech creating risks in cybersecurity and how can technology help us prevent financial crimes? As Artificial Intelligence (AI) is developed and adopted, will human biases and prejudices be built into such mechanisms? And at a larger scope, should FinTech lead to a decentralized, democratized system of finance, or will existing institutions adopt FinTech strategies to cement their existing hold on the financial markets? Through discussing and attempting to answer these questions, you will understand better how the introduction of these technologies can benefit or harm society. And through considering the proper application or introduction of such technologies, you will learn to make better decisions as an individual and organization when facing the question: is FinTech our savior or a villain?

Over the past couple of years, the Chinese government has finally started to open China’s financial system and its equity and bond markets to the outside world. Onshore assets are now part of the main global and emerging market indices. But most investors openly admit they are putting money to work in a market they mistrust and do not understand well enough. In this course you will learn how China’s financial markets truly work. You will see how its state-owned commercial banks control the flow of domestic savings and how Chinese companies became the global leader in mobile payments. You will understand the nature of the Chinese stock market and the Chinese bond market, how Chinese investors trade and what the driving forces of these markets are. Foreign investors will learn how to recognise investment opportunities and guard against the idiosyncratic risks. You will understand the role of the State Council, the People’s Bank of China – its central bank, and the Ministry of Finance – its Treasury, in setting monetary policy, interest and foreign exchange rates and supervising China’s banking system and financial institutions. Unbiased analysis, real-life examples and practical guidance will equip you with the analytical frameworks and tools to apply to your investment decisions, risk assessments or policymaking. You will learn directly from Enodo Economics’ team of experts, who together have over 250 years of experience focused on China’s economy, its politics and markets and its culture. We make use of our own bespoke online teaching videos that are produced to a high professional standard. The material, carefully tailored to bring to life the content of each course, includes interviews with relevant figures whose personal stories make real the concepts being taught. Imaginative visual aids and animation are designed to enhance the learning experience – and make it fun.

In this macroeconomics course, you will learn to predict macroeconomic variables such as inflation, growth or consumption, and to create statistical models in economics and use them to predict responses to economic policy. You will learn from hands-on demonstrations of model-building, forecasting and policy analysis, using data sets from a wide variety of countries. Demonstrations and applications will be conducted using EViews —a popular software for estimating and simulating forecasting models on Windows. Free, temporary licenses for EViews will be made available for the duration of the course. Macroeconometric Forecasting is offered by the IMF with financial support from the Government of Japan.

In this course, you will learn about sample surveys with the concepts of samples and populations. In addition, we will discuss possible problems(bias) of the surveys based on practical examples and concept of probability errors in sampling. This course will familiarize you with statistical inference, the process by which data is used to draw a conclusion or uncover a scientific truth about a population from a sample. You can learn how to obtain confidence intervals and estimate the population percentage using sample percentage. We will also cover statistical inferences using sample average to estimate the population average with the concept of standard error and measurement error. Finally, you will learn fundamental idea and process of significance test to determine whether the observed difference is real or simply accidental. Test for difference in average between two groups and Chi-Square test will be discussed in depth in this course.

Tax revenues are likely to be the core benefit of mineral extraction for host States. To promote mining for development, States must design mineral fiscal regimes that consider the interests of a wide range of stakeholders. Their choices have major implications for public finance, development and sustainability. This course will help policy makers, managers in private sector companies, and activists understand these choices and their implications.