Organisations and the financial system
Organisations and the financial system

Start this free course now. Just create an account and sign in. Enrol and complete the course for a free statement of participation or digital badge if available.

Free course

Organisations and the financial system

Acknowledgements

This free course was written by Daniele Tori. It was first published in September 2020.

Except for third party materials and otherwise stated (see terms and conditions [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] ), this content is made available under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 Licence.

The material acknowledged below and within the course is Proprietary and used under licence (not subject to Creative Commons Licence). Grateful acknowledgement is made to the following sources for permission to reproduce material in this free course:

Images/Tables

Course image: © Daniil Peshkov | Dreamstime.com

*** Logos copyright of their respective owners

Section 1

Introduction: Image by Arek Socha from Pixabay

Retained earnings: maximstepanov / 123rf

Bank finance, top image: Schwadron /www.cartoonstock.com

Bank finance, bottom image: Photo by Nigel Tadyanehondo on Unsplash

Section 2

2.1 Crowdfunding: vectortone/ 123rf

Section 3

3 Company financing: stock and bond issuance, Figure 3: Photo by Aditya Vyas on Unsplash

3.1 The stock and bond markets, Figure 4: Adapted from Abdou Chibah / 123rf

3.2 Stock issuance: Adapted from Gustavo Frazao / 123rf

Initial public offerings, Figure 6: Richard Drew/AP/Shutterstock

3.3 Bond issuance, top image: Dana Rothstein | Dreamstime.com

3.3 Bond issuance, Figure 7: Cardiff University of Wales

The secondary market for bonds, Figure 8: Schley / www.CartoonStock.com

3.4 A bird’s-eye view on public-sector financing, top image: Photo by Nik MacMillan on Unsplash

3.4 A bird’s-eye view on public-sector financing, Activity 9 image: Photo by Hush Naidoo on Unsplash

Section 4

4.1 Financial resources and the main categories of expenditure, Table 12: Easyjet Plc annual accounts 2018 : easyjet plc

4.1 Financial resources and the main categories of expenditure, Table 13: Easyjet Plc consolidated statement of cashflows 2018: easyjet plc

Financing mergers and acquisitions, Figure 9: John Colon,Only the strong survive 9 Dec 2015 blogs.thomsonreuters.com/answerson/strong-financial-institutions-survive/ (accessed 5 March 2020)

4.4 Decision making in practice: a scenario-based adventure: Image: Girl with laptop picture: ***Image by StockSnap from Pixabay

4.4 Decision making in practice: a scenario-based adventure: Sebastian: PeopleImages / iStock

4.4 Decision making in practice: a scenario-based adventure: drawing: simonkr / iStock

4.4 Decision making in practice: a scenario-based adventure: facial expressions: ozgurdonmaz / iStock

4.4 Decision making in practice: a scenario-based adventure: 3D printer: kynny / istock

4.4 Decision making in practice: a scenario-based adventure: Adapted from kynny / iStock

4.4 Decision making in practice: a scenario-based adventure: packages: undefined / iStock

4.4 Decision making in practice: a scenario-based adventure: blackboard : BrianAJackson / iStock

Audio/Video

Video 1: Courtesy of Bank of England, taken from The Bank of England's YouTube Channel, https://youtu.be/CvRAqR2pAgw

Video 2: The Open University

Every effort has been made to contact copyright owners. If any have been inadvertently overlooked, the publishers will be pleased to make the necessary arrangements at the first opportunity.

Don't miss out

If reading this text has inspired you to learn more, you may be interested in joining the millions of people who discover our free learning resources and qualifications by visiting The Open University – www.open.edu/ openlearn/ free-courses.

B294_1

Take your learning further

Making the decision to study can be a big step, which is why you'll want a trusted University. The Open University has 50 years’ experience delivering flexible learning and 170,000 students are studying with us right now. Take a look at all Open University courses.

If you are new to University-level study, we offer two introductory routes to our qualifications. You could either choose to start with an Access module, or a module which allows you to count your previous learning towards an Open University qualification. Read our guide on Where to take your learning next for more information.

Not ready for formal University study? Then browse over 1000 free courses on OpenLearn and sign up to our newsletter to hear about new free courses as they are released.

Every year, thousands of students decide to study with The Open University. With over 120 qualifications, we’ve got the right course for you.

Request an Open University prospectus371