Acerca de este Curso
4.7
798 calificaciones
131 revisiones
Programa Especializado
100 % en línea

100 % en línea

Comienza de inmediato y aprende a tu propio ritmo.
Fechas límite flexibles

Fechas límite flexibles

Restablece las fechas límite en función de tus horarios.
Horas para completar

Aprox. 13 horas para completar

Sugerido: 4 weeks of study, 1-3 hours/week...
Idiomas disponibles

Inglés (English)

Subtítulos: Inglés (English)

Habilidades que obtendrás

Portfolio TheoriesRisk ManagementValue At Risk (VAR)Portfolio Optimization
Programa Especializado
100 % en línea

100 % en línea

Comienza de inmediato y aprende a tu propio ritmo.
Fechas límite flexibles

Fechas límite flexibles

Restablece las fechas límite en función de tus horarios.
Horas para completar

Aprox. 13 horas para completar

Sugerido: 4 weeks of study, 1-3 hours/week...
Idiomas disponibles

Inglés (English)

Subtítulos: Inglés (English)

Programa - Qué aprenderás en este curso

Semana
1
Horas para completar
1 hora para completar

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 videos (Total 39 minutos), 2 readings, 1 quiz
Video6 videos
Some common mistakes you will no longer make after this course – Portfolio risk6m
Some common mistakes you will no longer make after this course – Free lunch9m
Distribution of returns - Graphical representation8m
Distribution of returns - Numbers5m
The risk-return trade-off - UBS guest speaker5m
Reading2 lecturas
Course syllabus5m
Glossary10m
Quiz1 ejercicio de práctica
Graded quiz on the content of Week 110m
Semana
2
Horas para completar
2 horas para completar

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 videos (Total 89 minutos), 1 quiz
Video14 videos
The impact of correlation - Maximizing diversification6m
Reaching the efficient frontier - UBS guest speaker4m
The efficient frontier with a risk-free asset4m
Expanding the asset universe - International diversification5m
Expanding the asset universe - Country versus industry diversification4m
Do investors diversify internationally? - UBS guest speaker3m
The impact of constraints on optimal portfolios8m
The pitfalls of Modern Portfolio Theory - Assumptions8m
The pitfalls of Modern Portfolio Theory - Investors9m
Two-fund separation - Individual decision4m
Two-fund separation - Market level7m
Capital market equilibrium - The Capital Market Line5m
Capital market equilibrium - The Capital Asset Pricing Model9m
Quiz1 ejercicio de práctica
Graded quiz on the content of Week 215m
Semana
3
Horas para completar
2 horas para completar

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 videos (Total 96 minutos), 1 reading, 1 quiz
Video14 videos
How our age and wealth affect our investment profile - Robo-advisors8m
The path from an investor's profile to his/her optimal investment strategy - UBS guest speaker2m
Strategic asset allocation: MPT in practice - Definitions6m
Strategic asset allocation: MPT in practice - Implementation8m
Asset allocation versus stock picking: what matters more? - UBS guest speaker4m
Rebalancing a portfolio to maintain the SAA - SAA versus TAA6m
Rebalancing a portfolio to maintain the SAA - Weights and bounds9m
Key drivers of tactical asset allocation - Goals8m
Key drivers of tactical asset allocation - Implementation4m
Timing the market with tactical asset allocation - Shiller's CAPE7m
Timing the market with tactical asset allocation - Macroeconomic tools10m
How tactical asset allocation depends on macroeconomic fundamentals - UBS guest speaker6m
How to combine strategic and tactical asset allocations - UBS guest speaker4m
Reading1 lectura
The importance of asset allocation20m
Quiz1 ejercicio de práctica
Graded quiz on the content of Week 315m
Semana
4
Horas para completar
2 horas para completar

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 videos (Total 95 minutos), 1 quiz
Video14 videos
Defining forwards and options - Options11m
Risk as volatility?4m
What about illiquidity? - UBS guest speaker2m
Currency risk - Return7m
Currency risk - Risk6m
Defining the Value-at-Risk4m
Computing the Value-at-Risk5m
Defining the Expected Shortfall6m
Computing the Expected Shortfall3m
Risk management applied to portfolio allocation6m
Banking regulation & Basel recommendations: How did we get there?7m
Hedging against market falls (using options)8m
Hedging against currency risk (using forwards)9m
Quiz1 ejercicio de práctica
Graded quiz on the content of Week 415m
4.7
131 revisionesChevron Right
Dirección de la carrera

43%

comenzó una nueva carrera después de completar estos cursos
Beneficio de la carrera

83%

consiguió un beneficio tangible en su carrera profesional gracias a este curso

Principales revisiones

por 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.

por 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.

Instructores

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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

Acerca de 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....

Acerca del programa especializado Investment Management

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

Preguntas Frecuentes

  • 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.

  • Cuando te inscribes en un curso, obtienes acceso a todos los cursos que forman parte del Programa especializado y te darán un Certificado cuando completes el trabajo. 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 auditar el curso sin costo.

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