I was going over the Wikipedia page for exterior products of vector spaces and we can define the determinant as the coefficient of the exterior product of vectors with respect to the standard basis when the vectors are elements in $\mathbb{R}^n$. I was wondering if there was a way to deduce the formula for the determinant of the exterior (wedge) product of two matrices from this definition.
In particular let $V$ be a finite vector space and let $\wedge^k V$ be the $k$-th exterior power of $V$ that is $T^k(V)/A^k(V)$ where $A(V)$ is the ideal generated by all $v \otimes v$ for $v \in V$ and $T^k(V) = V \otimes V \otimes \cdots \otimes V$ is tensor product of $k$ vector spaces.
Let $M$ be a square $m\times m$ matrix. Is there a known formula for $\det(M \wedge M)?$
I was thinking there must be some nice formula like $\det(M \wedge M) = \det(M)\det(M)$ but I have a feeling this does not generalize to higher powers of wedge products.