Banking Courses Online for Credit
Free courses involving banking can be explored online without running into the requirements of registration or tuition. These courses very often provide a comprehensive learning experience that allows students to gain a well-rounded understanding of the banking world. They do not, however, provide students with college credit. Those seeking to earn credit for school might want to think about trying the relatively inexpensive courses found on Study.com, which include engaging video lessons conducted by professional instructors. These courses also come with resources such as lesson transcripts, multiple-choice quizzes and practice exams.
Students with an interest in banking can check out Accounting 101: Financial Accounting. This course explores topics like accounting cycle mechanics, internal controls and receivables and is composed of chapters such as:
- Financial Statements in Accounting - Learn about topics like balance sheets, income statements, and the purpose of notes on financial statements.
- Financial Statement Analysis in Accounting - Review horizontal analysis methods, commonly used financial ratios and standards for comparison in statement analysis.
- Statement of Cash Flows in Accounting - Brush up on the process of preparing cash flow statements, sources needed to prepare this statement, and analyzing cash flow statement patterns.
Banking Courses Online Free
These free online banking courses don't require registration and generally aren't available for credit. Some courses are available as video lectures, while others include lecture notes or assignments in PDF form. While not all of these courses are specifically focused on banking, many offer banking topics and concepts within the course of study.
Students from across the globe can access free learning materials, including video lessons and practice exercises from Khan Academy. The online platform provides educational opportunities in math, economics, history and many other academic areas and allow access without registration, though signing up offers perks like personalized study assistance and the ability to save course progress.
- Banking and Money includes 25 free video lectures, most of which last around 10 minutes and teach users about money creation, basic bank operations, treasuries and the Federal Reserve. Students can also learn about reserve ratios, open market operations, bank notes and leverage. The video lectures are accompanied by transcripts. Student who want to communicate with other students can create an account to converse.
Massachusetts Institute of Technology
The Massachusetts Institute of Technology (MIT) offers OpenCourseWare as a free educational resource for individuals interested in learning subjects like architecture, physics, history, women's and gender studies and even chemical engineering. The courses typically provide students with downloadable PDF lecture notes and assignments and sometimes even include projects and exams. These courses do not require registration for access and do not lead to college credit.
- Financial Accounting is a graduate-level course that offers lecture notes on accrual accounting, financial ratios, financial statements and revenue recognition. Students are presented with five accounting challenges associated with record keeping, computation and judgment. The free course includes a PDF versions of homework questions on banking concepts. Recitation notes are also available with topics on bookkeeping procedures, cash flow statements, acquisitions and long-term debt.
- Investments teaches students about financial markets, financial decisions and financial theory. Hedge funds, equity markets and portfolio management are all topics covered in this graduate-level course. Students can download lecture notes and will have access to assignments and quizzes with corresponding solutions. To get the most from this course, it is recommended that students acquire several textbooks, including Investments and Capital Ideas: The Improbable Origins of Modern Wall Street.
Yale University offers numerous free online courses that don't offer credit or require registration. These courses fall under a variety of academic departments, including American studies, chemistry, economics, English, psychology and religious studies. Included in most free Yale courses are videos that can be downloaded, transcripts, downloadable audio, problem sets and exams.
- Financial Markets explores the theory of finance and the future of financial institutions. This course also examines the importance of financial institutions in society and analyzes institutions that include banking, derivatives markets and insurance. Video lectures last about an hour and include PowerPoint slides. Some lectures feature guest speakers.
University of Illinois at Urbana-Champaign
The University of Illinois at Urbana-Champaign offers free online courses through the learning platform Coursera. Students can learn everything from printing and biology to accounting and microeconomics. Most courses teach students through video lessons, readings and quizzes. To access these materials, students must sign up for a free Coursera account and, in many cases, audit the course.
- Financial Planning for Young Adults is a beginner-level course developed to help young adults gain a quality understanding of how to budget, save money, make investments, borrow and establish good credit. Students learn how to set financial goals, develop savings strategies, grasp the basics of risk management and more. The course consists of dozens of video lessons, several readings and 1-2 quizzes per module. The time students should set aside to complete this course is approximately 14 hours.
Marginal Revolution University (MRUniversity) was created by two George Mason University economics professors with the goal of making economics courses available for free online. Students can access more than 800 videos focused on subject areas like microeconomics, data and international finance. In addition to video lessons, the courses might provide practice questions, lesson transcripts and exams. Courses do not require registration for access and do not offer college credits.
- Principles of Economics: Macroeconomics is a course featuring 79 videos with transcripts and practice questions and features about 8 hours of content. Students learn the fundamentals of macroeconomics and explore specific topics like America's recent financial crisis. The fourth chapter in this course takes a close look at banks, savings, borrowing, stocks and bonds, while the fifth chapter delves deeper into a variety of personal finance concepts.
Individuals interested in preparing for a CLEP or AP exam or who simply want to learn a variety of subject areas can benefit from free online courses provided by Modern States Education Alliance. This online learning platform consists of dozens of courses covering subjects like chemistry, natural science, sociology, management and marketing. To access these courses, students are required to sign up for a free account. College credits are not granted with these courses.
- Financial Accounting is an introductory course that goes over the concepts typically examined in a financial accounting course students would take in their first year as an undergraduate. Students learn the various stages of accounting principles and also examine the implementation of financial statements in business. This self-paced course requires no prerequisites and features about 24 hours of content.