课程信息
4.7
797 个评分
131 个审阅
专项课程
100% 在线

100% 在线

立即开始,按照自己的计划学习。
可灵活调整截止日期

可灵活调整截止日期

根据您的日程表重置截止日期。
完成时间(小时)

完成时间大约为13 小时

建议:4 weeks of study, 1-3 hours/week...
可选语言

英语(English)

字幕:英语(English)

您将获得的技能

Portfolio TheoriesRisk ManagementValue At Risk (VAR)Portfolio Optimization
专项课程
100% 在线

100% 在线

立即开始,按照自己的计划学习。
可灵活调整截止日期

可灵活调整截止日期

根据您的日程表重置截止日期。
完成时间(小时)

完成时间大约为13 小时

建议:4 weeks of study, 1-3 hours/week...
可选语言

英语(English)

字幕:英语(English)

教学大纲 - 您将从这门课程中学到什么

1
完成时间(小时)
完成时间为 1 小时

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 个视频 (总计 39 分钟), 2 个阅读材料, 1 个测验
Video6 个视频
Some common mistakes you will no longer make after this course – Portfolio risk6分钟
Some common mistakes you will no longer make after this course – Free lunch9分钟
Distribution of returns - Graphical representation8分钟
Distribution of returns - Numbers5分钟
The risk-return trade-off - UBS guest speaker5分钟
Reading2 个阅读材料
Course syllabus5分钟
Glossary10分钟
Quiz1 个练习
Graded quiz on the content of Week 110分钟
2
完成时间(小时)
完成时间为 2 小时

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 个视频 (总计 89 分钟), 1 个测验
Video14 个视频
The impact of correlation - Maximizing diversification6分钟
Reaching the efficient frontier - UBS guest speaker4分钟
The efficient frontier with a risk-free asset4分钟
Expanding the asset universe - International diversification5分钟
Expanding the asset universe - Country versus industry diversification4分钟
Do investors diversify internationally? - UBS guest speaker3分钟
The impact of constraints on optimal portfolios8分钟
The pitfalls of Modern Portfolio Theory - Assumptions8分钟
The pitfalls of Modern Portfolio Theory - Investors9分钟
Two-fund separation - Individual decision4分钟
Two-fund separation - Market level7分钟
Capital market equilibrium - The Capital Market Line5分钟
Capital market equilibrium - The Capital Asset Pricing Model9分钟
Quiz1 个练习
Graded quiz on the content of Week 215分钟
3
完成时间(小时)
完成时间为 2 小时

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 个视频 (总计 96 分钟), 1 个阅读材料, 1 个测验
Video14 个视频
How our age and wealth affect our investment profile - Robo-advisors8分钟
The path from an investor's profile to his/her optimal investment strategy - UBS guest speaker2分钟
Strategic asset allocation: MPT in practice - Definitions6分钟
Strategic asset allocation: MPT in practice - Implementation8分钟
Asset allocation versus stock picking: what matters more? - UBS guest speaker4分钟
Rebalancing a portfolio to maintain the SAA - SAA versus TAA6分钟
Rebalancing a portfolio to maintain the SAA - Weights and bounds9分钟
Key drivers of tactical asset allocation - Goals8分钟
Key drivers of tactical asset allocation - Implementation4分钟
Timing the market with tactical asset allocation - Shiller's CAPE7分钟
Timing the market with tactical asset allocation - Macroeconomic tools10分钟
How tactical asset allocation depends on macroeconomic fundamentals - UBS guest speaker6分钟
How to combine strategic and tactical asset allocations - UBS guest speaker4分钟
Reading1 个阅读材料
The importance of asset allocation20分钟
Quiz1 个练习
Graded quiz on the content of Week 315分钟
4
完成时间(小时)
完成时间为 2 小时

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 个视频 (总计 95 分钟), 1 个测验
Video14 个视频
Defining forwards and options - Options11分钟
Risk as volatility?4分钟
What about illiquidity? - UBS guest speaker2分钟
Currency risk - Return7分钟
Currency risk - Risk6分钟
Defining the Value-at-Risk4分钟
Computing the Value-at-Risk5分钟
Defining the Expected Shortfall6分钟
Computing the Expected Shortfall3分钟
Risk management applied to portfolio allocation6分钟
Banking regulation & Basel recommendations: How did we get there?7分钟
Hedging against market falls (using options)8分钟
Hedging against currency risk (using forwards)9分钟
Quiz1 个练习
Graded quiz on the content of Week 415分钟
4.7
131 个审阅Chevron Right
职业方向

43%

完成这些课程后已开始新的职业生涯
工作福利

83%

通过此课程获得实实在在的工作福利

热门审阅

创建者 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.

创建者 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.

讲师

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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

关于 University of Geneva

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....

关于 Investment Management 专项课程

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....
Investment Management

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