Lecture notes on use of extreme value theory in financial risk management
Students will be able to
- Explain the role the FAFSA plays in the financial aid process
- Understand the importance of submitting the FAFSA
- Apply for the FAFSA
- Identify misconceptions and challenges students have that prevent them from submitting the FAFSA
- Read a Student Aid Report (SAR) and understand the role of their Expected Family Contribution (EFC)
The learning resources presented here have been developed through an ERASMUS+ project for adult education entitled “FARMINFIN: Farming concepts and innovative funding/financing” (Project Nº: 2019-1-BE01-KA202-050397) carried out between 2019 and 2021.
The FARMINFIN project provides farmers with the needed competences for the implementation of innovative financing means tailored adequately for their own farms, entrepreneurial approach and personal circumstances.
FARMINFIN training material is aimed at young farmers taking over the business of their parents or simply aiming at business development. For them it is very important to have a solid financial basis for their agricultural businesses!
FARMINFIN has developed a web-based app where you can access to all the project’s training materials which are available in 7 languages: English, French, German, Spanish, Italian, Czech and Swedish. Through our learning platform you will be able to:
1. Get an overview of the actual situation of innovative financing in family farms in Europe and the available financing tools.
2. Gain knowledge and experience from selected best practices across Europe.
3. Foster professional handling of innovative financing means by farmers.
4. Strengthen economic and socio-economic viability of family farms, and therefore deliver added value to rural development.
The training resources you will find are the following:
SUMMARY REPORT: here you will find an overview of the situation of alternative ways of financing in the farming sector in Europe. The report provides a picture of the common findings across participating project countries, which have been analysed in more detail. You will find also in this section a downloadable annex that graphically shows all the data collected during the development of the report and can be viewed in detail segmented by country.
CATALOGUE: In the catalogue you will find not only a list of the main subsidies’ lines and general financing products, but also the financing products adapted to agriculture and more importantly, a large catalogue of the main products of alternative or innovative financing illustrated with a diagram showing the actors involved and the relationships between them. More specifically, the catalogue has identified:
- 14 of the main lines of subsidies.
- Main general funding products categorised into:
o Public sector (both European and national);
o Short-term private sector (11 tools identified);
o Long-term private sector (8 tools identified).
- Main financing products adapted to agriculture, for the agricultural, livestock and forestry sector.
- Main innovative financing products, where a total of 21 innovative financing tools have been catalogued in detail, including diagrams to illustrate how they work.
BEST PRACTICES: in this section you will find a series of 17 examples of farms across Europe that represent a wide range of best practices in the implementation of innovative financing schemes in the farming sector. Through this section you will learn from real experiences, reading about farmer’s problems related to financing and how they solved them. Learning from existing experiences will surely inspire you.
TRAINING MODULES: learning materials plenty of tips and suggestions on how to deal with relevant topics around the financing of your farm. In addition to the prepared contents of the modules, there is an opportunity to self-test your initial knowledge before taking the module and there is also a test at the end of the module to see whether you understood the contents. The modules also include useful templates, canvas and tools to be used in your learning pathway as well as in your professional activity.
For all components of the learning platform, information is provided in a comprehensive and user-friendly design and the materials can also be downloaded in PDF format.
Financial education resource collections suggested by Financial Education Public Private Partnership during their training sessions.
Payday loans are convenient and provide FAST cash to cover emergency situations or help pay a borrower’s expenses from one paycheck to the next. But the fee-based structure of payday lending is quite different from a traditional loan, and laws vary among the states. The April 2019 edition of Page One Economics®: Focus on Finance takes a look at the structure and fees that make these loans costly.
This bilingual resource brings together a collection of student-authored case studies that explore how emerging technologies—Artificial Intelligence, Blockchain, Cloud Computing, and Big Data (ABCD)—can revolutionize the financial industry. Cette ressource bilingue rassemble une série d’études de cas rédigées par des étudiants qui explorent comment les technologies émergentes - intelligence artificielle, Blockchain, le Cloud Computing, et Big Data (ABCD) peuvent révolutionner le secteur financier.
Lecture notes introducing the current and emerging varieties of financial technologies (fintech)
Lecture notes on the current and emerging varieties of financial technology, part 2
Personal Budget Assignment
This 11-minute video lesson looks at why a CDO could be worth nothing even though they are "collateralized". [Core Finance playlist: Lesson 39 of 184]
This 10-minute video lesson considers a real life example of a transaction involving CDOs. [Core Finance playlist: Lesson 40 of 184]
This 11-minute video lesson considers whether the bailout can work. [Core Finance playlist: Lesson 41 of 184]
This 12-minute video lesson considers a possible solution for the financial bailout. [Core Finance playlist: Lesson 44 of 184]
This 10-minute video lesson provides more information on the "Plutsky Plan". [Core Finance playlist: Lesson 45 of 184]
This 9-minute video lesson explains the difference between a bond and a stock. [Core Finance playlist: Lesson 18 of 184]
This 3-minute video lesson discusses how to calculate real return in last years dollars. [Core Finance playlist: Lesson 164 of 184]
This 14-minute video lesson looks at Chapter 11: Restructuring through a bankruptcy. [Core Finance playlist: Lesson 23 of 184]
This 11-minute video lesson provides an introduction to bankruptcy liquidation (Chapter 7). [Core Finance playlist: Lesson 22 of 184]
This 4-minute video lesson explains how you can have deflation even if the money supply increases. [Core Finance playlist: Lesson 170 of 184]
This 4-minute video lesson gives the basics of a deflationary spiral. [Core Finance playlist: Lesson 171 of 184]