Investment Management in an Evolving and Volatile World by HEC Paris and AXA Investment Managers
HEC Paris
Acerca de este Curso
4.6
290 calificaciones
Have you ever wanted to invest in financial markets, but were always afraid that you didn’t have the proper tools or knowledge to make informed decisions? Have you ever wondered how investment management companies operate and what fund managers do? AXA Investment Managers, in partnership with HEC Paris, will introduce you to the most important ideas and concepts in investment management, to help you better understand your financial future.
This course will enable you to:
• Define what type of investor you are, your investment objectives, and potential constraints.
• Identify the main investable assets and important players in financial markets.
• Understand basic portfolio management techniques.
• Apply these techniques in real case studies from the outset, through practical assessments.
Finally, we will provide a comprehensive overview of today's asset management industry: the product cycles, professionals, and regulations. For those who want to identify a talented fund manager to invest for you, we offer important criteria for selecting one. For those who are interested in learning more about this fascinating industry, we lay the foundation for your ongoing financial journey. Join us now to explore the world of investment management!
Course Launching Date
The first session of the course will be launched on April 11th, 2016.
Course Specialists
The course has been developed in collaboration between HEC Paris, with Hugues Langlois managing the academic aspect, and AXA Investment Managers specialists, sharing their experiences and expertise and coordinated by Marion Le Morhedec. AXA Investment Managers participants include Maxime Alimi, Stephanie Condra, Nicholas Jeans, Elodie Laugel, Pierre-François de Mont-Serrat, Jean-Gabriel Pierre (AXA Group), Dorothée Sauloup, Irina Topa-Serry, Fiona Southall, Patrice Viot Coster, Susanna Warner, and Joachim Weitgasser.
Recommended Background
We expect most participants to have a basic level of knowledge in mathematics and economics. However this is not essential, and we believe that people from any background can succeed with commitment and a strong interest.
Be aware that in the case study, you will have to use Excel.
Course Format
This course will run for 4 weeks and consists of 4 modules, each with a series of lecture videos between 5 to 8 minutes long. Each module contains a set of practice and graded quiz questions. A complete portfolio management exercise covers concepts learned in all modules
Language
The course is in English, with Italian, German, French, and Chinese (Simplified) subtitles.
The Project
The preparation of this MOOC has been an exciting adventure for many professionals at AXA Investment Managers and HEC, both for the speakers and a wealth of contributors. Thank you to all of them.
We hope you enjoy this course as much as we enjoyed creating it!
Habilidades que obtendrás
Investment ManagementPortfolio TheoriesFinancial MarketsAsset Management
Programa - Qué aprenderás en este curso
Week
1Defining Your Objectives and Universe
As the first module of the course, we will start with helping you to identify which kind of investor you are, and what are your investment objectives. Then, we will give you an overall view of investible assets and the financial market. In addition, we will introduce the concepts of risk and returns in portfolio management which will help you to make better investment decisions.
7 videos (Total: 61 min), 7 readings, 6 quizzes
7 videos
What kind of investor are you?8m
What do you want to achieve as an investor?7m
Translating your objectives into financial metrics10m
Understanding how to measure asset risk and return9m
A glance at the universe of investable assets12m
Financial market participants at play10m
7 lecturas
What will you learn?10m
More about the course10m
Supporting material - computing returns and sample statistics10m
What will you learn?10m
Additional (optional) videos10m
Portfolio management exercise: part 110m
Next quiz for advanced learners (honor track)10m
6 ejercicios de práctica
Practice Quiz Module 1 Lesson 110m
Copy of Practice Quiz Module 1 Lesson 130m
Practice Quiz Module 1 Lesson 210m
Graded Quiz Module 146m
Portfolio management exercise - Getting Started with Investments12m
Quiz for honor track - part 110m
Week
2How to Build an Investment Solution
This is the second week of our study. We first learn how to optimize a portfolio allocation given your investment objectives. Then we will learn how to integrate your investment constraints to find a feasible investment solution. You will use asset pricing models to improve your portfolio performance by improving your understanding of financial asset returns. Finally, you will apply different hedging techniques to remove unwanted risk in our portfolios.
7 videos (Total: 61 min), 7 readings, 4 quizzes
7 videos
How to use quantitative method to optimize portfolio construction8m
How do constraints and regulations impact portfolio construction？8m
The importance of asset pricing in portfolio management9m
Strategic versus tactical allocation10m
Hedging techniques: how to protect portfolio against undesired risk11m
Copy of Strategic versus tactical allocation10m
7 lecturas
What will you learn?10m
Supporting material10m
Supporting material10m
Additional (optional) videos10m
What will you learn?10m
Suggested reading10m
Portfolio management exercise: part 210m
4 ejercicios de práctica
Practice Quiz - Module 2 Lesson 110m
Practice Quiz - Module 2 - Lesson 210m
Graded Quiz Module 240m
Portfolio management exercise - Let's Allocate Across Investments12m
Week
3Exploring Specific Portfolio Management Techniques
We take in this module a closer look at investment strategies. We start by examining both quantitative active and qualitative strategies, and understanding their respective benefits. In the second lesson, we will learn how to apply these strategies in real life, including how to translate a strategies into transactions. We finish by examining extreme events in financial markets during which investment strategies were challenged.
7 videos (Total: 57 min), 8 readings, 4 quizzes
7 videos
The economics of active management8m
Active management: quantitative approach8m
Active management: discretionary approach10m
Investment management decisions8m
How to manage trading efficiently10m
How to manage extreme events in financial markets9m
8 lecturas
What will you learn?10m
Additional (optional) videos10m
Supporting material10m
Suggested reading10m
What will you learn?10m
Suggested reading10m
Supporting material and suggested reading10m
Next quiz for advanced learners (honor track)10m
4 ejercicios de práctica
Practice Quiz - Module 3 - Lesson 110m
Practice Quiz - Module 3 - Lesson 210m
Graded Quiz Module 340m
Quiz for honor track - part 212m
Week
4The Asset Management Industry: Selecting or Becoming a Fund Manager
In this final module, we cover the details of the asset management industry. We start by understanding what it takes to make a proper decision when hiring a fund manager. We will learn how to evaluate his or her performance, and to select the right one depending on our investment objectives. Then, we cover the functioning of an asset management firm. We will learn the different career paths within an asset management firm. We will also cover the different stages of the life cycle of an investment product, including the role of each department within the firm and the impact of regulations on their design.
7 videos (Total: 53 min), 7 readings, 5 quizzes
7 videos
How to measure and monitor the performance of an investment7m
Selecting the right fund manager7m
Formalize your investment objectives8m
Professionals at work in an asset management company8m
Product cycles in asset management11m
What does regulation bring to the industry?8m
7 lecturas
What will you learn?10m
Supporting material10m
What will you learn?10m
Suggested reading10m
Got any question? Ask us in a live session!10m
Portfolio management exercise - part 310m
Next quiz for advanced learners (honor track)10m
5 ejercicios de práctica
Practice Quiz - Module 4 - Lesson 110m
Practice Quiz - Module 4 - Lesson 210m
Graded Quiz Module 440m
Portfolio management exercise - Let's Evaluate an Investment Fund10m
Quiz for honor track - part 38m
Instructores
Hugues Langlois
Assistant Professor of FinanceFinance department
Marion Le Morhedec
Senior Fund managerAXA IM
Acerca de HEC Paris
HEC Paris, founded in 1881 by the Paris Chamber of Commerce and Industry, is one of France’s oldest elite higher education Grandes Ecoles. Throughout its 130-year history, HEC Paris has consistently attracted individuals highly capable and talented, innovative and entrepreneurial, ambitious and open-minded, capable of becoming architects of a responsible world. What makes HEC unique is its conviction shared by the HEC community: knowledge determines the freedom and entrepreneurship required for a better world.
Preguntas Frecuentes
¿Cuándo podré acceder a las lecciones y tareas?
Una vez que te inscribes para obtener un Certificado, tendrás acceso a todos los videos, cuestionarios y tareas de programación (si corresponde). Las tareas calificadas por compañeros solo pueden enviarse y revisarse una vez que haya comenzado tu sesión. Si eliges explorar el curso sin comprarlo, es posible que no puedas acceder a determinadas tareas.
¿Qué recibiré si compro el Certificado?
Cuando compras un Certificado, obtienes acceso a todos los materiales del curso, incluidas las tareas calificadas. Una vez que completes el curso, se añadirá tu Certificado electrónico a la página Logros. Desde allí, puedes imprimir tu Certificado o añadirlo a tu perfil de LinkedIn. Si solo quieres leer y visualizar el contenido del curso, puedes participar del curso como oyente sin costo.
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