开始时间: 08/17/2015 持续时间: 4 weeks
授课老师： Scott Weisbenner
This course is for anyone who is interested in how financial investments can affect their decisions, strategy, and ultimately their company’s business operations as well as their personal portfolio.
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. Building upon this framework, market efficiency and behavioral finance as common behavioral biases of investors are introduced. Also see their potential effects on wealth accumulation and asset prices. We will also analyze money-management strategies and performance by institutional investors, such as mutual funds and pension funds. Finally, connect investment finance with corporate finance by examining firm valuation techniques.
This course will be broken up into 4 weekly modules covering the following topics:
Week 1: Basics of Risk and Return; Introduction to Capital Asset Pricing Model (CAPM)
Week 2: CAPM; Multi-factor Models; Performance Evaluation
Week 3: Efficient Markets vs. Behavioral Finance; Behavioral Biases in Finance
Week 4: Introduction to Money Management by Institutions; Firm Valuation Techniques
Learn the fundamental principles of trading off risk and return, portfolio optimization, and security pricing—useful skills and concepts to have when making both corporate and personal financial decisions. Also explore market efficiency, behavioral finance, and firm valuation techniques.