Об этом курсе
4.6
Оценки: 217
Рецензии: 34
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. 31 часа на выполнение

Предполагаемая нагрузка: 5 weeks...
Доступные языки

Английский

Субтитры: Английский

Приобретаемые навыки

Risk ManagementPortfolio ConstructionRisk AnalysisPortfolio 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. 31 часа на выполнение

Предполагаемая нагрузка: 5 weeks...
Доступные языки

Английский

Субтитры: Английский

Программа курса: что вы изучите

Неделя
1
Часов на завершение
5 ч. на завершение

Module 1- Introduction & Risk and Return

This module introduces the second course in the Investment and Portfolio Management Specialization. In this module, we discuss one of the main principles of investing: the risk-return trade-off, the idea that in competitive security markets, higher expected returns come only at a price – the need to bear greater risk. We develop statistical measures of risk and expected return and review the historical record on risk-return patterns across various asset classes. ...
Reading
10 видео ((всего 64 мин.)), 11 материалов для самостоятельного изучения, 4 тестов
Video10 видео
Overview – No free lunches! Risk and return trade-off4мин
Measuring returns: Geometric average returns6мин
Measuring returns: Arithmetic average returns4мин
Measuring risk: Volatility of returns8мин
Alternative measures of risk7мин
More on measuring risk and risk measures4мин
Measuring risk and return: Illustration with four stocks8мин
Historical record on risk-return patterns8мин
Summary1мин
Reading11 материала для самостоятельного изучения
Grading Policy10мин
How to use discussion forums10мин
Meet & Greet: Get to know your classmates10мин
Pre-Course Survey10мин
Lecture handouts: Risk and return: Measuring returns10мин
Risk and return: Measuring returns Quiz Solutions10мин
Lecture handouts: Risk and return: Measuring risk10мин
Risk & Return: Measuring risk Quiz solutions10мин
Lecture handouts: Risk and return: Historical record10мин
Investing: Stocks for the long run (optional)10мин
Module 1: Risk & Return Solutions10мин
Quiz3 практического упражнения
Risk and return: Measuring returns10мин
Risk & Return: Measuring risk10мин
Module 1: Risk & Return20мин
Неделя
2
Часов на завершение
6 ч. на завершение

Module 2: Portfolio construction and diversification

In this module, we build on the tools from the previous module to develop measure of portfolio risk and return. We define and distinguish between the different sources of risk and discuss the concept of diversification: how and why putting risky assets together in a portfolio eliminates risk that yields a portfolio with less risk than its components. Finally, we review the quantitative tools that help us identify the ‘best’ portfolios with the least risk for a given level of expected return by considering a numerical example using international equity data....
Reading
16 видео ((всего 83 мин.)), 12 материалов для самостоятельного изучения, 6 тестов
Video16 видео
Measuring the expected return of a portfolio8мин
Let’s review how we measure risk for a single asset4мин
Finding the volatility of a portfolio return3мин
Portfolio volatility: Another example2мин
Measuring the co-movement between securities9мин
Putting it all together… portfolio risk and diversification7мин
Diversification and portfolio risk3мин
Diversification: A graphical illustration with two assets4мин
Diversification: A graphical illustration with three assets3мин
Diversification: Systematic risk and idiosyncratic risk7мин
Diversification: An illustration from international equity markets (US and Japan only)11мин
Mean-variance frontier and efficient portfolios: International equity investment example (G5 countries)5мин
Are you diversified adequately?4мин
Mean-variance portfolio analysis5мин
Summary1мин
Reading12 материала для самостоятельного изучения
Lecture handouts: Measuring portfolio expected return
Measuring expected portfolio return Quiz solutions10мин
Lecture handouts: Measuring portfolio volatility
Measuring portfolio volatility Quiz solutions10мин
Accompanying spreadsheets for "Diversification: An illustration from international equity markets (US and Japan only)"10мин
A Note on using EXCEL Solver10мин
Lecture handouts: Diversification and portfolio risk
Lecture handouts: Mean-variance frontier and efficient portfolios: International equity investment example
Diversification and portfolio risk Quiz solutions10мин
Equity investing: Globalization and diversification (optional)10мин
Lecture handouts: Are you adequately diversified?
Module 2: Portfolio construction and diversification- Solutions10мин
Quiz4 практического упражнения
Measuring expected portfolio return16мин
Measuring portfolio volatility20мин
Diversification and portfolio risk30мин
Module 2: Portfolio construction and diversification20мин
Неделя
3
Часов на завершение
2 ч. на завершение

Module 3: Mean-variance preferences

In this module, we describe how investors make choices. Specifically, we look at how utility functions are used to express preferences. We review measures to describe investors’ attitude towards risk. Finally, we discuss how we can summarize investors’ preferences using a specific utility function: mean-variance preferences. ...
Reading
7 видео ((всего 47 мин.)), 7 материалов для самостоятельного изучения, 3 тестов
Video7 видео
Preferences: Utility functions8мин
Risk aversion9мин
Expected utility6мин
Mean-variance preferences8мин
Portfolio choice problem with mean-variance preferences: A graphical illustration with equity and bond data10мин
Summary1мин
Reading7 материала для самостоятельного изучения
Lecture handouts: Utility and risk aversion
A note on measuring risk aversion and certainty equivalent10мин
Utility and Risk aversion Quiz solutions10мин
Lecture handouts: Mean-variance preferences
Portfolio choice with mean-variance preferences quiz solutions10мин
Measure your own risk tolerance10мин
Module 3: Mean-variance preferences- Solutions10мин
Quiz3 практического упражнения
Utility and risk aversion10мин
Portfolio choice with mean-variance preferences16мин
Module 3: Mean-variance preferences12мин
Неделя
4
Часов на завершение
5 ч. на завершение

Module 4: Optimal capital allocation and portfolio choice

In this module, you will learn about mean-variance optimization: how to make optimal capital allocation and portfolio choice decisions when investors have mean-variance preferences. This was one of the ground-breaking ideas in finance. We will formally set up the investor’s portfolio choice problem and learn step-by-step how to solve for the optimal allocation and risky portfolio choice given a set of risky securities. You will also have an opportunity to apply these techniques to a numerical example. This module is slightly more technical than the others. Stick with it… you will not regret it!...
Reading
10 видео ((всего 63 мин.)), 12 материалов для самостоятельного изучения, 3 тестов
Video10 видео
Capital allocation line11мин
Solving for the optimal capital allocation7мин
Optimal capital allocation example: U.S. equities and Treasuries10мин
Finding the optimal risky portfolio: Maximizing the Sharpe ratio6мин
Main insight: The optimal risky portfolio is independent of preferences2мин
Finding the optimal risk portfolio when you have multiple risky securities10мин
Investment decision process5мин
What’s wrong with mean-variance portfolio analysis?4мин
Summary2мин
Reading12 материала для самостоятельного изучения
A note on optimal capital allocation10мин
Accompanying spreadsheets for "Optimal Capital Allocation Example: US Equities and Treasuries"10мин
Lecture handouts: Mean-variance optimization
Mean-variance optimization Quiz solutions10мин
Analytical solution to MVE portfolio (two risky assets)10мин
A note on finding the mean variance efficient portfolio (Two risky assets)10мин
Accompanying spreadsheets for "Finding the optimal risky portfolio: Maximizing the Sharpe ratio"10мин
A note on finding the minimum variance frontier with multiple risky assets10мин
Accompanying spreadsheet for finding minimum variance frontier with multiple risky assets10мин
Lecture handouts: Optimal risky portfolio choice
Lecture handouts
Optimal capital allocation and portfolio choice- Solutions10мин
Quiz2 практического упражнения
Mean-variance optimization10мин
Optimal capital allocation and portfolio choice18мин
4.6
Рецензии: 34Chevron Right

Лучшие рецензии

автор: AHDec 17th 2016

I really enjoyed this course. Sometimes it required a lot of discipline to analyse investigate, but at the end I've learn a lot.

автор: AANov 11th 2018

This is the most informative in depth short course i ever across. Learned a lot!

Преподаватель

Avatar

Arzu Ozoguz

Finance Faculty
Jones Graduate School of Business

О Rice University

Rice University is consistently ranked among the top 20 universities in the U.S. and the top 100 in the world. Rice has highly respected schools of Architecture, Business, Continuing Studies, Engineering, Humanities, Music, Natural Sciences and Social Sciences and is home to the Baker Institute for Public Policy....

О специализации ''Investment and Portfolio Management'

In this four-course Specialization, you’ll learn the essential skills of portfolio management and personal investing. All investors – from the largest wealth funds to the smallest individual investors – share common issues in investing: how to meet their liabilities, how to decide where to invest, and how much risk to take on. In this Specialization, you will learn how to think about, discuss, and formulate solutions to these investment questions. You will learn the theory and the real-world skills necessary to design, execute, and evaluate investment proposals that meet financial objectives. You will begin with an overview of global financial markets and instruments that characterize the investment opportunities available to today’s investor. You will then learn how to construct optimal portfolios that manage risk effectively, and how to capitalize on understanding behavioral biases and irrational behavior in financial markets. You will learn the best practices in portfolio management and performance evaluation as well as current investment strategies. By the end of your Capstone Project, you will have mastered the analytical tools, quantitative skills, and practical knowledge necessary for long-term investment management success. To see an overview video for this Specialization, click here!...
Investment and Portfolio Management

Часто задаваемые вопросы

  • Зарегистрировавшись на сертификацию, вы получите доступ ко всем видео, тестам и заданиям по программированию (если они предусмотрены). Задания по взаимной оценке сокурсниками можно сдавать и проверять только после начала сессии. Если вы проходите курс без оплаты, некоторые задания могут быть недоступны.

  • Записавшись на курс, вы получите доступ ко всем курсам в специализации, а также возможность получить сертификат о его прохождении. После успешного прохождения курса на странице ваших достижений появится электронный сертификат. Оттуда его можно распечатать или прикрепить к профилю LinkedIn. Просто ознакомиться с содержанием курса можно бесплатно.

Остались вопросы? Посетите Центр поддержки учащихся.