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).
This course is part of the Financial Management Specialization
About this Course
Skills you will gain
- Investment Strategy
Start working towards your Master's degree
Syllabus - What you will learn from this course
Module 1: Investments Toolkit and Portfolio Formation
Module 2: Motivating, Explaining, & Implementing the Capital Asset Pricing Model (CAPM)
Module 3: Testing the CAPM, Multifactor Models, & Market Efficiency
Module 4: Investment Finance and Corporate Finance: Firm Valuation
- 5 stars83.62%
- 4 stars10.56%
- 3 stars2.78%
- 2 stars1.50%
- 1 star1.50%
TOP REVIEWS FROM INVESTMENTS I: FUNDAMENTALS OF PERFORMANCE EVALUATION
All the examples were helpful in providing a lot of real world perspectives and was beneficial to someone who had already done a similar course.
Lectures are nicely delivered!!! BUT videos of lectures should be confined within 15 minutes and be cited data sources and how to we can see and obtain data aswell
The concepts are very well explained with practical examples.The real world examples makes us understand the concepts better and gives us a better understanding of implementing them.
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.
About the Financial Management Specialization
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