Principles of Valuation: Risk and Return

Location type
Logo Coursera
Provider rating: starstarstarstar_borderstar_border 6.3 Coursera has an average rating of 6.3 (out of 4 reviews)

Need more information? Get more details on the site of the provider.

Description

When you enroll for courses through Coursera you get to choose for a paid plan or for a free plan

  • Free plan: No certicification and/or audit only. You will have access to all course materials except graded items.
  • Paid plan: Commit to earning a Certificate—it's a trusted, shareable way to showcase your new skills.

About this course: This second course in the specialization will last six weeks and will focus on the second main building block of financial analysis and valuation: risk. The notion of risk and statistics are intimately related and we will spend a fair amount of time on the development of some statistical concepts and tools, namely distribution theory and regression analysis. This time will be well spent because these concepts and tools are also commonly used in many applications in the real world. The foundational idea of diversification will then be used to develop a framework for evaluating risk and establishing a relationship between risk and return. Apart from developing a keen ap…

Read the complete description

Frequently asked questions

There are no frequently asked questions yet. Send an Email to info@springest.co.uk

When you enroll for courses through Coursera you get to choose for a paid plan or for a free plan

  • Free plan: No certicification and/or audit only. You will have access to all course materials except graded items.
  • Paid plan: Commit to earning a Certificate—it's a trusted, shareable way to showcase your new skills.

About this course: This second course in the specialization will last six weeks and will focus on the second main building block of financial analysis and valuation: risk. The notion of risk and statistics are intimately related and we will spend a fair amount of time on the development of some statistical concepts and tools, namely distribution theory and regression analysis. This time will be well spent because these concepts and tools are also commonly used in many applications in the real world. The foundational idea of diversification will then be used to develop a framework for evaluating risk and establishing a relationship between risk and return. Apart from developing a keen appreciation of risk for making thoughtful decisions in an institutional context, this course will contain a lot of material and examples that will enable the learner to make smart personal investing decisions. The course will again have time included for assimilation and two final exams. This course is the second in a sequence of four courses that comprise a Specialization on Valuation & Investing.

Who is this class for: This course is an intermediate graduate level course for working professionals or learners interested in a career in business. It will also prepare you well for a graduate program in business.

Created by:  University of Michigan
  • Taught by:  Gautam Kaul, Professor of Finance & Fred M. Taylor Professor of Business Administration

    Ross School of Business
Basic Info Course 2 of 4 in the Introduction to Finance: Valuation and Investing Specialization Level Intermediate Commitment It will take between 5-10 hours a week for about six weeks to master the content. Language English How To Pass Pass all graded assignments to complete the course. User Ratings 4.7 stars Average User Rating 4.7See what learners said Coursework

Each course is like an interactive textbook, featuring pre-recorded videos, quizzes and projects.

Help from your peers

Connect with thousands of other learners and debate ideas, discuss course material, and get help mastering concepts.

Certificates

Earn official recognition for your work, and share your success with friends, colleagues, and employers.

University of Michigan The mission of the University of Michigan is to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values, and in developing leaders and citizens who will challenge the present and enrich the future.

Syllabus


WEEK 1


Overview of Specialization & Course



This module contains detailed videos and syllabi of both the Specialization and this course. This specialization has been designed to enable you to learn and apply the powerful tools of modern finance to both personal and professional situations. The courses within progress linearly and build on each other and it is important for you to get an understanding of why this specialization may be relevant to your goals, again both personal and professional. Please review the videos and syllabi as they will give you a sense of the specialization and how this specific course fits within. The teaching style and philosophy of the instructors is also presented to you (hopefully) in sufficient detail. Most importantly, it will give you enough information for you to make a decision about whether you want to take this course, by itself or as part of a specialization.


11 videos, 3 readings expand


  1. Reading: Help us learn more about you!
  2. Video: Specialization: An Overview
  3. Video: Specialization: A Collaboration
  4. Video: Specialization: Content and Structure
  5. Video: Specialization: Courses
  6. Video: Specialization: Process
  7. Video: Specialization: Philosophy
  8. Video: Specialization: Prerequisites
  9. Video: Specialization: Assumptions
  10. Video: Specialization: Thank You!
  11. Video: Specialization: Closed Captioning
  12. Reading: Specialization-Syllabus
  13. Video: Welcome to Risk & Return!
  14. Reading: Course2-Syllabus


Module 1
Risk and return is best understood in a real context; we will therefore spend the first module on understanding the most common vehicle of investment: bonds.


7 videos expand


  1. Video: 1.1 Financing: Bonds and Stocks
  2. Video: 1.2 Zero-Coupon Government Bonds
  3. Video: 1.3 Government Coupon Bonds
  4. Video: 1.4 Bond Pricing: Calculations
  5. Video: 1.5 Sources of Risk in Bonds
  6. Video: 1.6 Market Data on Bonds
  7. Video: 1.7 Recap Module 1

Graded: Assignment 1
Graded: Assignment 2

WEEK 2


Module 2
This second module will be spent understanding the features and valuation of stocks.


9 videos expand


  1. Video: 2.1 What is a Stock?
  2. Video: 2.2 Stock Pricing/Valuation
  3. Video: 2.3 Dividend & Growth Stocks
  4. Video: 2.4 The Engine of Growth
  5. Video: 2.5 Valuation: the Big Picture
  6. Video: 2.6 What is Growth?
  7. Video: 2.7 Good or Bad Growth?
  8. Video: 2.8 Stocks: Market Data
  9. Video: 2.9 Recap Module 2

Graded: Assignment 3
Graded: Assignment 4

WEEK 3


Module 3
In this module, we will develop a theory of risk based on the intuitive concept of diversification. Since knowledge of Statistics is key to understanding risk, we will introduce some important concepts of applications.


8 videos, 1 reading expand


  1. Video: 3.1 Why Risk & Return?
  2. Video: 3.2 Valuation & Risk Estimation
  3. Video: 3.3 What is Risk?
  4. Video: 3.4 Statistics: Mean & Variance
  5. Video: 3.5 Statistics: Covariance & Correlation
  6. Video: 3.6 Statistics: Regression
  7. Video: 3.7 Back to Risk: Diversification
  8. Video: 3.8 Recap Module 3
  9. Reading: Note-ReviewofStatistics

Graded: Assignment 5
Graded: Assignment 6

WEEK 4


Module 4
In this module, we will introduce one of the most widely known models called CAPM (Capital Asset Pricing Model), which provides a simple and powerful relation between risk and return.


7 videos expand


  1. Video: 4.1 Diversification: 2 Assets
  2. Video: 4.2 Diversification: Two Assets Intuition
  3. Video: 4.3 Diversification: Bottom Line
  4. Video: 4.4 Measure of Risk: Beta
  5. Video: 4.5 Risk & Return: CAPM
  6. Video: 4.6 Risk & Return: Market Analysis
  7. Video: 4.7 Recap Module 4

Graded: Assignment 7
Graded: Assignment 8

WEEK 5


Module 5
This week will be spent on a short wrap video of the course and time for assimilation and review by learners to be prepared to take the final exams. In the past, learners have really valued this time and hence it is built into this on-demand structure as well.


1 video expand


  1. Video: Risk & Return: Wrap Up!


WEEK 6


Module 6
This is finals week. Please note that there are two exams and you need to attempt both.


1 reading expand


  1. Reading: Post-course Survey

Graded: Final 1
Graded: Final 2
There are no reviews yet.

Share your review

Do you have a learning experience with this course? Submit your review and help other people make the right choice. As a thank you for your effort we will donate £1.- to Stichting Edukans.

There are no frequently asked questions yet. Send an Email to info@springest.co.uk