Chevron Left
返回到 Investments I: Fundamentals of Performance Evaluation

學生對 伊利诺伊大学香槟分校 提供的 Investments I: Fundamentals of Performance Evaluation 的評價和反饋

4.7
854 個評分

課程概述

In this course, we will discuss fundamental principles of trading off risk and return, portfolio optimization, and security pricing. We will study and use risk-return models such as the Capital Asset Pricing Model (CAPM) and multi-factor models to evaluate the performance of various securities and portfolios. Specifically, we will learn how to interpret and estimate 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). Building upon this framework, market efficiency and its implications for patterns in stock returns and the asset-management industry will be discussed. Finally, the course will conclude by connecting investment finance with corporate finance by examining firm valuation techniques such as the use of market multiples and discounted cash flow analysis. The course emphasizes real-world examples and applications in Excel throughout. This course is the first of two on Investments that I am offering online (“Investments II: Lessons and Applications for Investors” is the second course). The over-arching goals of this course are to build an understanding of the fundamentals of investment finance and provide an ability to implement key asset-pricing models and firm-valuation techniques in real-world situations. Specifically, upon successful completion of this course, you will be able to: • Explain the tradeoffs between risk and return • Form a portfolio of securities and calculate the expected return and standard deviation of that portfolio • Understand the real-world implications of the Separation Theorem of investments • Use the Capital Asset Pricing Model (CAPM) and 3-Factor Model to evaluate the performance of an asset (like stocks) through regression analysis • Estimate and interpret the ALPHA (α) and BETA (β) of a security, two statistics commonly reported on financial websites • Describe what is meant by market efficiency and what it implies for patterns in stock returns and for the asset-management industry • Understand market multiples and income approaches to valuing a firm and its stock, as well as the sensitivity of each approach to assumptions made • Conduct specific examples of a market multiples valuation and a discounted cash flow valuation This course was previously entitled “Financial Evaluation and Strategy: Investments” and was part of a previous specialization entitled "Improving Business and Finances Operations", which is now closed to new learner enrollment. “Financial Evaluation and Strategy: Investments” received an average rating of 4.8 out of 5 based on 199 reviews over the period August 2015 through August 2016. You can view a detailed summary of the ratings and reviews for this course in the Course Overview section. 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....

熱門審閱

DH

2016年11月11日

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.

KL

2017年12月6日

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!

篩選依據:

1 - Investments I: Fundamentals of Performance Evaluation 的 25 個評論(共 198 個)

創建者 Sachin P X

2018年11月10日

創建者 Ben N

2018年3月28日

創建者 Jennifer N

2018年11月15日

創建者 Li Z

2018年4月29日

創建者 Dan H

2016年11月12日

創建者 Karen F L

2017年12月7日

創建者 Artem A

2019年11月7日

創建者 Junjie G

2020年6月1日

創建者 Luis F R M

2020年6月23日

創建者 Jola D

2017年7月26日

創建者 M L

2019年8月31日

創建者 Ana P M

2018年5月17日

創建者 Rodrigo F

2017年4月8日

創建者 Jafed E G

2019年7月6日

創建者 Alexander H

2019年7月4日

創建者 Mohamed S

2016年12月11日

創建者 Raj B

2017年12月7日

創建者 Jacques P

2017年5月7日

創建者 Deepen ( J

2018年11月20日

創建者 H

2018年12月19日

創建者 Vivek V

2018年3月5日

創建者 Michael S Y

2018年8月12日

創建者 Janelle E

2020年4月19日

創建者 Teresa B

2020年11月17日

創建者 ALEXANDRE J D S

2021年5月11日