FRM Part 1 - Book 3 - Financial Markets and Products (1/2)

Prepare for the FRM Part 1 exam with this comprehensive course! Led by Prof. James Forgan, PhD, a seasoned educator with over 25 years of experience teaching business, this course breaks down the essential concepts from the first 10 chapters of the Financial Markets and Products book. Whether you're learning the material for the first time or need a thorough review, this is the perfect resource.

Here's a detailed look at the topics covered:

• Banks: Understand the core functions and operations of banking institutions.
• Insurance Companies and Pension Plans: Explore the role of insurance and pension funds in the financial system.
• Fund Management: Learn about different types of investment funds and their management strategies.
• Introduction to Derivatives: Get a foundational understanding of derivative instruments.
• Exchanges and OTC Markets: Differentiate between exchange-traded and over-the-counter markets.
• Central Clearing: Discover the importance of central clearing in financial markets.
• Futures Markets: Delve into the world of futures contracts.
• Using Futures for Hedging: Learn how to effectively use futures to manage risk.
• Foreign Exchange Markets: Understand the dynamics of global currency markets.
• Pricing Financial Forwards and Futures: Master the techniques for valuing forward and futures contracts.
• Commodity Forwards and Futures: Explore the use of futures and forwards for commodities.

This course provides a clear and concise summary of key topics, making it an invaluable tool for FRM exam preparation.