Об этом курсе
4.7
Оценки: 835
Рецензии: 139
Специализация
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Часов на завершение

Прибл. 13 часа на выполнение

Предполагаемая нагрузка: 4 weeks of study, 1-3 hours/week...
Доступные языки

Английский

Субтитры: Английский

Приобретаемые навыки

Portfolio TheoriesRisk ManagementValue At Risk (VAR)Portfolio Optimization
Специализация
100% онлайн

100% онлайн

Начните сейчас и учитесь по собственному графику.
Гибкие сроки

Гибкие сроки

Назначьте сроки сдачи в соответствии со своим графиком.
Часов на завершение

Прибл. 13 часа на выполнение

Предполагаемая нагрузка: 4 weeks of study, 1-3 hours/week...
Доступные языки

Английский

Субтитры: Английский

Программа курса: что вы изучите

Неделя
1
Часов на завершение
1 ч. на завершение

General Introduction and Key Concepts

In this introductory week, you will first be presented with a few mistakes you will no longer make after following this course. In order to avoid making these mistakes, you will start by gaining a foundation and understanding of the three main types of information we need in order to build optimal portfolios: expected returns, risk and dependence....
Reading
6 видео ((всего 39 мин.)), 2 материалов для самостоятельного изучения, 1 тест
Video6 видео
Some common mistakes you will no longer make after this course – Portfolio risk6мин
Some common mistakes you will no longer make after this course – Free lunch9мин
Distribution of returns - Graphical representation8мин
Distribution of returns - Numbers5мин
The risk-return trade-off - UBS guest speaker5мин
Reading2 материала для самостоятельного изучения
Course syllabus5мин
Glossary10мин
Quiz1 практическое упражнение
Graded quiz on the content of Week 110мин
Неделя
2
Часов на завершение
2 ч. на завершение

Modern Portfolio Theory and Beyond

The focus of this second week is on Modern Portfolio Theory. By understanding how imperfect correlations between asset returns can lead to superior risk-adjusted portfolio returns, we will soon be looking for ways to maximize the effect of diversification, which is at the heart of Modern Portfolio Theory. But we won’t stop there: we will also explore the implications of Modern Portfolio Theory on real-world investment decisions and whether or not these implications are followed by investors. Finally, we will see how Modern Portfolio Theory can be built upon to derive the most popular asset pricing model: the Capital Asset Pricing Model....
Reading
14 видео ((всего 89 мин.)), 1 тест
Video14 видео
The impact of correlation - Maximizing diversification6мин
Reaching the efficient frontier - UBS guest speaker4мин
The efficient frontier with a risk-free asset4мин
Expanding the asset universe - International diversification5мин
Expanding the asset universe - Country versus industry diversification4мин
Do investors diversify internationally? - UBS guest speaker3мин
The impact of constraints on optimal portfolios8мин
The pitfalls of Modern Portfolio Theory - Assumptions8мин
The pitfalls of Modern Portfolio Theory - Investors9мин
Two-fund separation - Individual decision4мин
Two-fund separation - Market level7мин
Capital market equilibrium - The Capital Market Line5мин
Capital market equilibrium - The Capital Asset Pricing Model9мин
Quiz1 практическое упражнение
Graded quiz on the content of Week 215мин
Неделя
3
Часов на завершение
2 ч. на завершение

Asset Allocation

This third week is dedicated to asset allocation. After a short introduction to investor profiling, we will delve into Strategic Asset Allocation (SAA). You will see how it relates to Modern Portfolio Theory and how it differs from Tactical Asset Allocation (TAA). We will look at how both asset allocations can be implemented separately but also in conjunction in order to build portfolios that fulfill investors’ needs and constraints while taking advantage of market opportunities....
Reading
14 видео ((всего 96 мин.)), 1 материал для самостоятельного изучения, 1 тест
Video14 видео
How our age and wealth affect our investment profile - Robo-advisors8мин
The path from an investor's profile to his/her optimal investment strategy - UBS guest speaker2мин
Strategic asset allocation: MPT in practice - Definitions6мин
Strategic asset allocation: MPT in practice - Implementation8мин
Asset allocation versus stock picking: what matters more? - UBS guest speaker4мин
Rebalancing a portfolio to maintain the SAA - SAA versus TAA6мин
Rebalancing a portfolio to maintain the SAA - Weights and bounds9мин
Key drivers of tactical asset allocation - Goals8мин
Key drivers of tactical asset allocation - Implementation4мин
Timing the market with tactical asset allocation - Shiller's CAPE7мин
Timing the market with tactical asset allocation - Macroeconomic tools10мин
How tactical asset allocation depends on macroeconomic fundamentals - UBS guest speaker6мин
How to combine strategic and tactical asset allocations - UBS guest speaker4мин
Reading1 материал для самостоятельного изучения
The importance of asset allocation20мин
Quiz1 практическое упражнение
Graded quiz on the content of Week 315мин
Неделя
4
Часов на завершение
2 ч. на завершение

Risk Management

This fourth and final week is dedicated to risk. We will start by looking in more depth at different sources of risk such as illiquidity and currency risk but also at the different tools available to investors to perform risk management. But how should we measure risk? We will see that it may be valuable to go a step beyond standard deviation, the risk measure we used so far, and look at the Value-at-Risk and Expected Shortfall which focus on potential large losses. Finally, we will use the financial instruments at our disposal to hedge market and currency risk....
Reading
14 видео ((всего 95 мин.)), 1 тест
Video14 видео
Defining forwards and options - Options11мин
Risk as volatility?4мин
What about illiquidity? - UBS guest speaker2мин
Currency risk - Return7мин
Currency risk - Risk6мин
Defining the Value-at-Risk4мин
Computing the Value-at-Risk5мин
Defining the Expected Shortfall6мин
Computing the Expected Shortfall3мин
Risk management applied to portfolio allocation6мин
Banking regulation & Basel recommendations: How did we get there?7мин
Hedging against market falls (using options)8мин
Hedging against currency risk (using forwards)9мин
Quiz1 практическое упражнение
Graded quiz on the content of Week 415мин
4.7
Рецензии: 139Chevron Right
Формирование карьерного пути

44%

начал новую карьеру, пройдя эти курсы
Карьерные преимущества

42%

получил значимые преимущества в карьере благодаря этому курсу
Продвижение по карьерной лестнице

12%

стал больше зарабатывать или получил повышение

Лучшие рецензии

автор: KSSep 10th 2016

Great! This course will help you learn how to make a proper portfolio which optimally matched to your risk&return preference and how to manage your portfolio's risk level with financial instruments.

автор: WMSep 11th 2016

Thoroughly engaging presentation of a topic that was very much esoteric to me previously. I would highly recommend this course to anyone looking for insight into portfolio and risk management.

Преподавателя

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University of Geneva- Tony Berrada

SFI Associate Professor of Finance
Geneva Finance Research Institute
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University of Geneva- Ines Chaieb

SFI Associate Professor of Finance
Geneva Finance Research Institute
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University of Geneva- Jonas Demaurex

Teaching Assistant
Geneva Finance Research Institute
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University of Geneva- Rajna Gibson Brandon

SFI Senior Chaired Professor of Finance and Managing Director of the GFRI
Geneva Finance Research Institute
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University of Geneva- Michel Girardin

Lecturer in Macro-Finance - Project Leader for the "Investment Management" specialization
Geneva Finance Research Institute
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University of Geneva- Philipp Krueger

SFI Assistant Professor of Finance
Geneva Finance Research Institute
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University of Geneva- Kerstin Preuschoff

Associate Professor of Neurofinance and Neuroeconomics
Geneva Finance Research Institute
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University of Geneva- Olivier Scaillet

SFI Senior Chaired Professor of Finance and Vice-dean (research) at GSEM
Geneva Finance Research Institute

О Университет Женевы

Founded in 1559, the University of Geneva (UNIGE) is one of Europe's leading universities. Devoted to research, education and dialogue, the UNIGE shares the international calling of its host city, Geneva, a centre of international and multicultural activities with a venerable cosmopolitan tradition....

О специализации ''Управление инвестициями'

In this Specialization, you will understand how investment strategies are designed to reach financial goals in a global context. You will learn the theory that underlies strong investment decisions, as well as practical, real-world skills that you can apply when discussing investment proposals with your advisor, managing your personal assets or your client’s investment portfolio. You will start by developing a global understanding of financial markets and what impacts rational and irrational behaviors have in finance at the micro and macro levels. You will then learn how to adequately build and manage a portfolio with a long-term view while gaining an appreciation for novel research advances in finance and related areas as well as future trends that are shaping the investment management industry. In the final Capstone Project, you will create a sensible 5-year investment plan that accounts for an investor's goals and constraints in a dynamic economic landscape. Key speakers from UBS, our corporate partner, will contribute to this specialization by providing you with practical insights they have gathered through years of experience working for the world’s largest wealth manager. Director of this Specialization and main teaching contributor: Dr. Michel Girardin, Lecturer in Macro-Finance, University of Geneva...
Управление инвестициями

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