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所在平台: Coursera |
课程主页: https://www.coursera.org/learn/investments-applications
课程评论：没有评论
课程名称：投资 II：投资者的教训与应用 课程概述： 在本课程中，您将首先复习投资的基本原则，包括投资组合中的收益与风险的权衡、资产定价模型（如资本资产定价模型 CAPM 和三因子模型）以及有效市场假说。您将接触股票收益的两个组成部分——股息和资本收益，了解每种收益的税务处理及其对投资者的激励。课程还将探讨在美国定义贡献型养老金计划（如401(k)计划）中参与者的投资决策及其行为偏差，并讨论个人投资者在股票组合中的表现证据。最后，本课程将讨论主动管理的共同基金的表现，学习共同基金向投资者收取的费用及费用与基金表现之间的关系，同时介绍可能表现优于市场的共同基金投资组合部分，以及设计“赚取阿尔法”的策略示例。 即便未完成“投资 I：绩效评估基础”课程的学习，学员仍可参加本课程，因为第一模块会回顾投资基本知识和回归分析，以帮助大家跟上进度。此外，课程还包含许多创新特点，包括创意的课外介绍、快速的“60秒模块”倒计时总结每个模块的内容、与金融领域领先教授的“四个教师访谈”以及利用动画总结每个模块的内容。 该课程是伊利诺伊大学提供的iMBA项目的一部分，属于灵活完全认证的在线MBA课程，价格竞争力极强。更多信息请参见本课程中的资源页面和onlinemba.illinois.edu网站。 课程大纲： 1. 课程介绍 - 熟悉课程、同学和学习环境。 2. 模块 1：收益的基本原则和组成 - 简要回顾投资的基本原则、收益与风险的权衡、资产定价模型和有效市场假说，讨论股票收益的组成部分——股息和资本收益。 3. 模块 2：DC养老金计划中的投资决策 - 讨论在美国如401(k)计划等定义贡献型养老金计划中参与者的投资决策，重点关注常见的行为偏差。 4. 模块 3：个人投资者的表现 - 学习关于个人投资者在股票组合中的表现证据，突出影响个人投资的行为偏差和信息潜在价值。 5. 模块 4：共同基金的表现与阿尔法的搜索 - 学习主动管理共同基金的表现证据，讨论旨在“赚取阿尔法”的投资组合策略示例。 6. 课程总结 - 回顾 course 的主要收获，并进行课程反馈调查。
Name:Course Orientation
Description:You will become familiar with the course, your classmates, and our learning environment.
Name:Module 1: Fundamentals and Composition of Returns
Description:In Module 1, we will briefly review the fundamentals of investments, including the trading off of return and risk when forming a portfolio, asset pricing models such as the Capital Asset Pricing Model (CAPM) and the 3-Factor Model, and the efficient market hypothesis. We will also discuss the two components of stock returns – dividends (cash received) and capital gains (changes in price since purchase).
Name:Module 2: Investment Decisions in DC Pension Plans
Description:In Module 2, we discuss the investment decisions of participants in defined-contribution (DC) pension plans like 401(k) plans in the U.S. Not falling prey to common behavioral biases is key to sound financial decision-making in these retirement plans, so we will discuss common behavioral biases of DC pension plan participants.
Name:Module 3: Performance of Individual Investors
Description:In Module 3, we will learn about the evidence regarding the performance of individual investors in their stock portfolios. A few key behavioral biases that affect many individuals will be highlighted, and the potential information embedded in some parts of individual investors’ stock portfolios will be discussed.
Name:Module 4: Performance of Mutual Funds and Search for Alpha
Description:In Module 4, we will learn about the evidence regarding the performance of actively-managed mutual funds. We will also discuss a few examples of portfolio strategies designed to “earn alpha” (i.e., yield positive risk-adjusted returns).
Name:Course Conclusion
Description:It's now time to say goodbye to the Investments II course! Key takeaways from the course are reviewed. Don't forget to answer the survey question regarding how was Scott's sequel that is located at the end of the Conclusion to Investments II: Lessons and Applications for Investors!
In this course, you will start by reviewing the fundamentals of investments, including the trading off of return and risk when forming a portfolio, asset pricing models such as the Capital Asset Pricing Model (CAPM) and the 3-Factor Model, and the efficient market hypothesis. You will be introduced to the two components of stock returns – dividends and capital gains – and will learn how each are taxed and the incentives provided to investors from a realization-based capital gains tax. You will examine the investment decisions (and behavioral biases) of participants in defined-contribution (DC) pension plans like 401(k) plans in the U.S. and will learn about the evidence regarding the performance of individual investors in their stock portfolios. The course concludes by discussing the evidence regarding the performance of actively-managed mutual funds. You will learn about the fees charged to investors by mutual funds and the evidence regarding the relation between fees charged and fund performance. Segments of the portfolios of mutual funds that may be more likely to outperform and examples of strategies designed to “earn alpha” will also be introduced. Learners are welcome to take this course even if they have not completed "Investments I: Fundamentals of Performance Evaluation," as the first module contain a review of investment fundamentals and regression analysis to get everyone up to speed. Also, the course contains several innovative features, including creative out-of-the-studio introductions followed by quick-hitting "Module in 60" countdowns that highlight what will be covered in each module, four "Faculty Focus" interview episodes with leading professors in finance, and a summary of each module done with the help of animations! This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.
