Stanford GSB | Mr. S.N. Bose Scholar
GMAT 770, GPA 3.84
Duke Fuqua | Mr. O&G Geoscientist
GRE 327, GPA 2.9
Kenan-Flagler | Ms. Big Pharma
GRE 318, GPA 3.3
Chicago Booth | Mr. Indian O&G EPC
GMAT 730, GPA 3.75
Wharton | Ms. Product Manager
GMAT 730, GPA 3.4
Kellogg | Mr. Indian Globetrotter
GMAT 750, GPA 4.0
Berkeley Haas | Ms. Jill Of All Trades
GRE 314, GPA 3.36
Berkeley Haas | Ms. Midwest Startup
GRE 328, GPA 3.51
Wharton | Mr. Big 4
GMAT 770, GPA 8/10
Stanford GSB | Mr. MBB
GMAT 740, GPA 3.95
Wharton | Mr. Swing Big
GRE N/A, GPA 3.1
Stanford GSB | Mr. Big Brother
GRE 329, GPA 3.2
Harvard | Mr. Low GPA Product Manager
GMAT 780, GPA 3.1
Kenan-Flagler | Ms. Nonprofit Admin
GMAT 620, GPA 3.3
Kenan-Flagler | Mr. Top Three
GRE 310, GPA 2.7
Ross | Mr. NCAA to MBB
GMAT 710, GPA 3.2
Kellogg | Mr. 770 Dreamer
GMAT 770, GPA 8.77/10
Tepper | Mr. Tech Strategist
GRE 313, GPA 3.0
Stanford GSB | Mr. JD To MBA
GRE 326, GPA 3.01
Duke Fuqua | Mr. Musician To Consultant
GMAT 710, GPA 1.6
Harvard | Mr. Bangladeshi Analyst
GMAT 690, GPA 3.31
MIT Sloan | Mr. Generic Nerd
GMAT 720, GPA 3.72
Darden | Mr. Military Vet
GMAT 680, GPA 3.5
Duke Fuqua | Ms. ELS
GRE 318, GPA 3.8
Wharton | Mr. Investment Banking
GMAT 750, GPA 3.1
MIT Sloan | Mr. International Impact
GRE 326, GPA 3.5
Chicago Booth | Mr. US Army Veteran
GMAT 710, GPA 3.7

Essential MOOC Courses In Business

Understanding the Federal Reserve

School: New York Institute of Finance

Platform: edX

Registration Link: Understanding the Federal Reserve

Start Date: July 1, 2015 (Self-Paced)

Workload: 1-2 Hours Per Week

William Addiss

William Addiss

Instructor: William Addiss

Credentials: A former managing director at Lehman Brothers, Addiss has spent the past 15 years as a faculty member at the New York Institute of Finance, where he has taught courses in capital markets and derivative instruments. At the same time, he is the principal of Amherst Financial Training, where he has designed training programs targeted to bankers, brokers, and regulators. He also served as the editor of Series 7 For Dummies and The Investors Guide to Equities.

Graded: Students can earn a verified certificate for $25 by completing all course requirements.

Description: Drawing on 30 years of banking experience, including a stint as national sales manager and managing partner at Lehman Brothers, Addiss will help students understand one of the most mysterious and misunderstood arms of the Federal government: The Federal Reserve. Broadly, the course will cover how this 100 year-old institution’s actions shape business and government decisions (and how they, in turn, impact average citizens). In particular, Addiss will zero in on the Fed’s role and structure (along with that of the Federal Open Market Committee –FOMC). The course will also cover financial terminology, LIBOR, repos, quantitative easing, and the Fed’s role in shaping the yield curve.

Review: “This course is extremely well presented. It provides a brief but accurate and thorough summary of the mechanics of the Federal Reserve Bank. I was very impressed. Anyone you wants to understand the basic structure of the system quickly should take this course. The instructor is an extremely effective speaker. Looking forward to the next in the series.” For additional reviews, click