In this course, we will discuss fundamental principles of trading off risk and return, portfolio optimization, and security pricing. We will study and use risk-return models such as the Capital Asset Pricing Model (CAPM) and multi-factor models to evaluate the performance of various securities and portfolios. Specifically, we will learn how to interpret and estimate regressions that provide us with both a benchmark to use for a security given its risk (determined by its beta), as well as a risk-adjusted measure of the security’s performance (measured by its alpha). Building upon this framework, market efficiency and its implications for patterns in stock returns and the asset-management industry will be discussed. Finally, the course will conclude by connecting investment finance with corporate finance by examining firm valuation techniques such as the use of market multiples and discounted cash flow analysis. The course emphasizes real-world examples and applications in Excel throughout. This course is the first of two on Investments that I am offering online (“Investments II: Lessons and Applications for Investors” is the second course).
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来自INVESTMENTS I: FUNDAMENTALS OF PERFORMANCE EVALUATION的热门评论
Great course and professor. Packs a lot of information and did not find any mistakes. Very smooth course overall. Highly recommended.
Normal course work was very good. The Honors content was a bit disappointing in that I finished it before the weeks deadline but never received a grade.
Excellent course. Lot of ground covered by Scott and his detailed explanations make some tougher topics give look more easier. His sense of humor and delivery is really nice
I've taken several investments classes on Coursera and this is the best presentation of CAPM I've seen. Really systematic and entertaining presentation. I will recommend it to friends.
关于 财务管理 专项课程
This Specialization covers the fundamentals of strategic financial management, including financial accounting, investments, and corporate finance. You will learn to evaluate major strategic corporate and investment decisions and to understand capital markets and institutions from a financial perspective, and you will develop an integrated framework for value-based financial management and individual financial decision-making.