Informações sobre o curso
4.8
367 classificações
85 avaliações
Programa de cursos integrados
100% online

100% online

Comece imediatamente e aprenda em seu próprio cronograma.
Prazos flexíveis

Prazos flexíveis

Redefinir os prazos de acordo com sua programação.
Horas para completar

Aprox. 29 horas para completar

Sugerido: 4 weeks of study, 6-8 hours/week...
Idiomas disponíveis

Inglês

Legendas: Inglês

Habilidades que você terá

StockFinanceInvestment StrategyInvestment
Programa de cursos integrados
100% online

100% online

Comece imediatamente e aprenda em seu próprio cronograma.
Prazos flexíveis

Prazos flexíveis

Redefinir os prazos de acordo com sua programação.
Horas para completar

Aprox. 29 horas para completar

Sugerido: 4 weeks of study, 6-8 hours/week...
Idiomas disponíveis

Inglês

Legendas: Inglês

Programa - O que você aprenderá com este curso

Semana
1
Horas para completar
2 horas para concluir

Course Overview

In this module, you will become familiar with the course, your instructor, your classmates, and our learning environment. The orientation also helps you obtain the technical skills required for the course....
Reading
1 vídeo (total de (Total 27 mín.) min), 8 leituras, 1 teste
Video1 vídeos
Reading8 leituras
About this Course: Ratings and Reviews10min
Syllabus10min
Scott's Advice on How to View and Take This Course10min
Excel Instructions for Installing Solver and Data Analysis10min
Options for Completing Assignments without Excel10min
About the Discussion Forums10min
Social Media10min
Getting to Know Your Classmates10min
Quiz1 exercício prático
Orientation Quiz10min
Horas para completar
10 horas para concluir

Module 1: Investments Toolkit and Portfolio Formation

In Module 1, we will build the fundamentals of portfolio formation. After providing a brief refresher of basic investment concepts (our toolkit), a summary of historical patterns of stock returns and government securities in the U.S. is provided. We then consider general examples of portfolio choice to highlight the tradeoffs between “risk” and return. We end the module with a discussion of dominated assets and efficient portfolio formation, emphasizing real-world examples and practice in Excel solving for the optimal portfolio given certain constraints (such as the amount of volatility we will accept in our portfolio). ...
Reading
27 vídeos (total de (Total 312 mín.) min), 3 leituras, 3 testes
Video27 videos
Objectives and Assumptions of Classical Finance2min
Why Discount?11min
Different Return Measures8min
Firm Characteristics Relevant for Investments10min
Zero-Cost Portfolio8min
Statistical Techniques & Excel6min
What We've Learned3min
Historical Returns in the U.S.23min
Return and Risk: Intro to Portfolios27min
Objectives and Source of Data for Examples2min
Asset Allocation with One Risky and One Risk-Free Asset11min
Asset Allocation with Two Risky Assets27min
Real-World Example of a Dominated Asset14min
What We've Learned2min
ASSIGNMENT 1: Portfolio Choice When Change Correlations10min
DISCUSSION OF ASSIGNMENT 1: Portfolio Choice When Change Correlations14min
Objectives5min
Example 1: Calculating Efficient Portfolios of Risky Assets13min
Example 2: Calculating Efficient Portfolios of Risky Assets28min
What We've Learned1min
Module 1 Review6min
ASSIGNMENT 1 (Lesson 1-6): Portfolio Choice When Change Correlations10min
DISCUSSION OF ASSIGNMENT 1 (Lesson 1-6): Portfolio Choice When Change Correlations14min
ASSIGNMENT 2 (Lesson 1-8): Calculating More Efficient Portfolios15min
DISCUSSION OF ASSIGNMENT 2 (Lesson 1-8): Calculating More Efficient Portfolios17min
Like this course? Learn more with the iMBA! (optional)1min
Reading3 leituras
Module 1 Overview10min
Module 1 Readings10min
Module 1 Spreadsheets10min
Quiz1 exercício prático
Module 1 Quiz24min
Semana
2
Horas para completar
7 horas para concluir

Module 2: Motivating, Explaining, & Implementing the Capital Asset Pricing Model (CAPM)

In Module 2, we will develop the financial intuition that led to the Capital Asset Pricing Model (CAPM), starting with the Separation Theorem of Investments. We will understand that in a CAPM setting, only the market-wide risk of an asset is priced – securities with greater sensitivity to the market are required by investors to yield higher returns on average. We will also learn how to interpret regressions that provide us with both a benchmark to use for a security given its risk (determined by its beta), as well as a risk-adjusted measure of the security’s performance (measured by its alpha)....
Reading
21 vídeos (total de (Total 227 mín.) min), 3 leituras, 2 testes
Video21 videos
Objectives2min
Final General Portfolio Example and Tangency Portfolio15min
Two-Fund Separation Theorem and Applications10min
What We've Learned1min
Examples of Reducing Portfolio Risk20min
Objectives48s
Development of the CAPM18min
The CAPM and BETA21min
The CAPM and ALPHA5min
What We've Learned1min
Objectives50s
Practice Problem & Introduction to Interpreting CAPM Regressions10min
CAPM Example 1: Coca Cola16min
CAPM Example 2: Balanced Fund6min
How to Estimate CAPM and What We've Learned4min
PREPARING for Evaluation of the Small-Value Stock Investment Strategy, 1927-201434min
RESULTS from Evaluation of the Small-Value Stock Investment Strategy, 1927-201418min
Module 2 Review6min
ASSIGNMENT 3 (Lesson 2-7): Analyzing & Identifying Three Mystery Securities6min
DISCUSSION OF ASSIGNMENT 3 (Lesson 2-7): Analyzing & Identifying Three Mystery Securities14min
Reading3 leituras
Module 2 Overview10min
Module 2 Readings10min
Module 2 Spreadsheets10min
Quiz1 exercício prático
Module 2 Quiz24min
Semana
3
Horas para completar
7 horas para concluir

Module 3: Testing the CAPM, Multifactor Models, & Market Efficiency

In Module 3, we will discuss different asset-pricing models, the pros and cons of each, and market efficiency. In particular, we will test the effectiveness of the Capital Asset Pricing Model (CAPM) and examine survey data concerning its use by chief financial officers (CFOs) of firms. Predictable patterns in stock returns, such as the size and value effects, will also be examined and the Fama-French 3-Factor Model will be introduced. Market efficiency will be discussed in this module, as well as its implications for the asset-management industry and observed patterns in stock returns....
Reading
18 vídeos (total de (Total 245 mín.) min), 3 leituras, 2 testes
Video18 videos
Objectives and Uses of CAPM4min
Testing the CAPM11min
Defending the CAPM14min
Market Anomalies: Small-Firm and Value Effects15min
Interpretation of Market Anomalies9min
Investigating "Long Value Short Growth" Strategy20min
What We've Learned2min
Objectives1min
Multi-Factor Models16min
Matching9min
What We've Learned4min
Use Domestic or Global Factors?20min
Return-Risk Model Used by Chief Financial Officers (CFOs)13min
Market Efficiency35min
Module 3 Review11min
ASSIGNMENT 4 (Lesson 3-7): Analysis and Recommendation of 50 Balanced Funds, 1995-201411min
DISCUSSION OF ASSIGNMENT 4 (Lesson 3-7): Analysis and Recommendation of 50 Balanced Funds, 1995-201436min
Reading3 leituras
Module 3 Overview10min
Module 3 Readings10min
Module 3 Spreadsheets10min
Quiz1 exercício prático
Module 3 Quiz24min
Semana
4
Horas para completar
6 horas para concluir

Module 4: Investment Finance and Corporate Finance: Firm Valuation

In Module 4, we will learn about the two key approaches to valuing a company or stock: market multiples and discounted cash flow. We will learn how to value perpetuities and will discuss how caution should be exercised in terms of projecting both the growth in long-term cash flows and the riskiness of those cash flows – two key components of the perpetuity formula. Finally, to gain experience with the market multiples approach, we will estimate a value of Google at the time of its initial public offering (IPO) back in 2004 using market data on Yahoo! as a comparable firm....
Reading
27 vídeos (total de (Total 310 mín.) min), 2 leituras, 1 teste
Video27 videos
Objectives1min
Formula for Valuing a Perpetuity12min
Real-World Examples and Perpetuity Problems21min
What We've Learned2min
Objectives3min
Market Multiples Approach to Valuation9min
Income Approach to Valuation: Introduction17min
Income Approach to Valuation: Discount Rate17min
Income Approach to Valuation: Cash Flows8min
Income Approach to Valuation: Terminal Value, Price-to-Earnings Ratio, & Discounting of Cash Flows19min
Fudge Factors to Valuation and What We've Learned6min
Objectives2min
Microsoft Example17min
Betas of Small & Large Firms and Betas Across Industries17min
What We've Learned4min
Caution in Projecting Firm Growth Rates31min
Objectives1min
Defined-Benefit (DB) Pension Plan Liabilities and Their Valuation16min
Valuing a Stream of Fixed Liabilities19min
Investment Policy of Pension Benefit Guaranty Corporation (PBGC)6min
What We've Learned3min
Objectives1min
Valuation of Google at Its Initial Public Offering (IPO): First Attempt14min
Valuation of Google at Its Initial Public Offering (IPO): Digging Deeper21min
What We've Learned2min
Module 4 Review7min
Reading2 leituras
Module 4 Overview10min
Module 4 Readings10min
Quiz1 exercício prático
Module 4 Quiz24min
Horas para completar
15 minutos para concluir

Course Conclusion

In this module, we say goodbye to the Investments course as key takeaways from the course are reviewed. A tease is also provided to topics that will be covered in Professor Weisbenner's second course on Investments....
Reading
1 vídeo (total de (Total 15 mín.) min)
Video1 vídeos
4.8
85 avaliaçõesChevron Right

Melhores avaliações

por DHNov 12th 2016

This was a fantastic course, with a realistically attainable amount of material, and a humble, knowledgable professor whose teaching style makes a normally difficult topic very easy to understand.

por KLDec 7th 2017

Professor Weisbenner is fabulous! He is able to make anyone understand complex investment topics through his delivery and curriculum design. You are missing out not taking Investments from him!

Instrutores

Avatar

Scott Weisbenner

William G. Karnes Professor of Finance
Department of Finance, College of Business
Graduation Cap

Comece a trabalhar rumo ao seu mestrado

Este curso é parte de uma graduação 100% on-line Master of Business Administration (iMBA) pela University of Illinois at Urbana-Champaign. Caso seja aceito para o programa completo, seus cursos contarão para sua graduação.

Sobre University of Illinois at Urbana-Champaign

The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs. ...

Sobre o Programa de cursos integrados Financial Management

This Specialization covers the fundamentals of strategic financial management, including financial accounting, investments, and corporate finance. You will learn to evaluate major strategic corporate and investment decisions and to understand capital markets and institutions from a financial perspective, and you will develop an integrated framework for value-based financial management and individual financial decision-making. The Financial Management Specialization is part of the University of Illinois iMBA Program. Each course in this Specialization also fulfills a portion of the requirements for a University of Illinois course that can earn you college credit. When you complete the Financial Management Specialization, you will: · Have a solid foundation in developing an integrated framework for strategic financial decision-making. · Have a thorough understanding of financial statements and the financial information they provide, and be able to critically evaluate and analyze cash flows statements. · Understand the management and evaluation of portfolios and firm valuation techniques. · Understand how to incorporate risk and uncertainty into investment decisions and understand how companies make financing and investment decisions....
Financial Management

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