A bit of background, I have accounting, coding, business experience, I am thinking of doing a master of finance part-time for self development. I work in accounts/accounting, and I do not intend to work for banks/fund. I do self-manage some of my money.
I am curious and eager to learn about things they talk about the economy. I didn't cash out during the height of Bitcoin because I didn't know the relation of interest rate and money flow out of risky assets. I "lost" a big unrealised profit 2021. I knew zero about monetary policies... which are basic knowledge everyone should know. I don't even know that I don't know what I should know, I think it's called "unknown unknowns". I hope one day I can understand and talk about things that often show up on the news and reddit, to understand and react to policies and events... I don't want to make another Bitcoin mistake.
As I explore the contents of the degree I find that many books exists on the market. The principles also do not change too much that the books are not dated by any means. Although the degree is 70% sponsored by the government, the time and money commitment is still significant, like ~$ 10.000 for 8 subjects. Some courses are also built around the books; I feel like reading books is enough. I feel like self-learning is a possible path with plenty of cheap resources.
I tried two books,the well known Investments and Corporate Finance books; the first two chapters of each are quite gentle. I did half of the MIT Theory of Finance 1 video series, they are very well taught with many examples and real-world analysis.
On the other hand, I worry that I am underestimating the teaching of finance. I guess high-profile lecturers do contribute to the learning experience.
Has anyone self-learn finance to a proficient level?
To those that have degrees, do you find the University education really valuable, well guided, and efficient?
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