课程简介
Setting sail with the classic investment theory, this course delivers both fundamental and practical perspectives of discussion on investment. With the aim of getting the whole package of finance expertise ready for its audiences, this course covers the logic link between investment and risk, the function and mechanism of the capital market, investment banking, portfolio management and performance evaluation.
If you are still battling on whether to take this course, perhaps taking a look for a detailed description for teaching content below would help.
Efficient Market Theory
Modern Portfolio Theory
Capital Asset Pricing Model
Multi-Factor Model
Bond Evaluation
Portfolio Management Strategy
Quantitative analysis via Excel
课程大纲
Chapter 1 The Investment Setting
1.1 What is an investment?
1.2 Investment Returns
1.3 Measure the Investment Risk
1.4 Source of Investment Risk
Chapter 2 Efficient Capital Market
2.1 Why should the market be efficient?
2.2 Three forms of EMH
2.3 Tests of Semi-Strong and Strong Forms of EMH
2.4 Behavioral Finance
Chapter 3 An Introduction to Portfolio Management
3.1 Markowitz Portfolio Theory
3.2 Measures of Risk and Return for Individual Asset and Portfolio
3.3 Measures of Return and Risk for Portfolio
3.4 Efficient Frontier and Investor Utility
Chapter 4 An Introduction to Capital Asset Pricing Model
4.1 Background for Capital Market Theory & The Capital Market Line
4.2 Risk, Diversification & the Market Portfolio
4.3 the Systemetic Risk
4.4 The Capital Asset Pricing Model
4.5 The Security Market Line
4.6 Estimated CAPM in Reality
Chapter 5 Bond Evaluation
5.1 Bond Characteristics and Fundamentals of Bond Valuation
5.2 Bond Yields
5.3 Interest Rate Determinants
5.4 Macaulay Duration
5.5 Modified Duration
5.6 Convexity
Chapter 6 Multifactor Models
6.1 Arbitrage Pricing Theory
6.2 Multifactor Models
6.3 Application of Multifactor Models
Chapter 7 Portfolio Management Strategies
7.1 Passive Investment Strategies
7.2 Active Investment Strategies
7.3 Asset Allocation
7.4 Pure Alpha and Smart Beta
Chapter 8 Evaluation of Portfolio Performance
8.1 Portfolio Performance Measures
8.2 Portfolio Performance Evaluation: Some Extension
Chapter 9 Excel Application
9.1 Stock Return and Covariance
9.2 Opportunity Set
9.3 Efficient Frontier
9.4 Efficient Frontier with Different Time Periods and Equally Weighted Portfolios
9.5 CAPM Testing
9.6 Portfolio Performance Evaluation
1.1 What is an investment?
1.2 Investment Returns
1.3 Measure the Investment Risk
1.4 Source of Investment Risk
Chapter 2 Efficient Capital Market
2.1 Why should the market be efficient?
2.2 Three forms of EMH
2.3 Tests of Semi-Strong and Strong Forms of EMH
2.4 Behavioral Finance
Chapter 3 An Introduction to Portfolio Management
3.1 Markowitz Portfolio Theory
3.2 Measures of Risk and Return for Individual Asset and Portfolio
3.3 Measures of Return and Risk for Portfolio
3.4 Efficient Frontier and Investor Utility
Chapter 4 An Introduction to Capital Asset Pricing Model
4.1 Background for Capital Market Theory & The Capital Market Line
4.2 Risk, Diversification & the Market Portfolio
4.3 the Systemetic Risk
4.4 The Capital Asset Pricing Model
4.5 The Security Market Line
4.6 Estimated CAPM in Reality
Chapter 5 Bond Evaluation
5.1 Bond Characteristics and Fundamentals of Bond Valuation
5.2 Bond Yields
5.3 Interest Rate Determinants
5.4 Macaulay Duration
5.5 Modified Duration
5.6 Convexity
Chapter 6 Multifactor Models
6.1 Arbitrage Pricing Theory
6.2 Multifactor Models
6.3 Application of Multifactor Models
Chapter 7 Portfolio Management Strategies
7.1 Passive Investment Strategies
7.2 Active Investment Strategies
7.3 Asset Allocation
7.4 Pure Alpha and Smart Beta
Chapter 8 Evaluation of Portfolio Performance
8.1 Portfolio Performance Measures
8.2 Portfolio Performance Evaluation: Some Extension
Chapter 9 Excel Application
9.1 Stock Return and Covariance
9.2 Opportunity Set
9.3 Efficient Frontier
9.4 Efficient Frontier with Different Time Periods and Equally Weighted Portfolios
9.5 CAPM Testing
9.6 Portfolio Performance Evaluation
