Essentials of Investment Management

“I am the wisest man alive, for I know one thing, and that is that I know nothing” Socrates 

Capital Asset Pricing Model (CAPM) online course is renamed as Essentials of Investment Management. The middle Road is offering this online course through Udemy. Click the link here. 

The series is written as an academic educational story, loosely inspired from the book Capital Ideas by Peter Bernstein. One of the most exciting books written within the investment management parlance, the book discusses how portfolio management, risk and valuation evolved on the Wall Street. The book captures the role of various actors within the business ecosystem economists, statisticians, mathematicians’ technicians in understanding and quantifying asset pricing. This course focuses on single factor Capital Asset Pricing Model.

The Online Course has the following topics. 

Introduction to Risk: Meaning & Quantification

Discuss CAPM Model in depth

Efficient Market Hypothesis

Markowitz Model & Efficient Frontier

Capital Asset Line

The Security Market Line

Risk Adjusted Returns

Statistical Analysis

The course has online learning videos, solved questions, an excel practice session using solver function to derive mean variance portfolio, worksheet excel sheet and quizzes. The series is a remake of the educational YouTube video of CAPM uploaded on The middle Road YouTube channel.

This online course does not cover multifactor models. It is also good to read about Fama French 5 factor model. Check out free sample lesson on this topic.

What will you learn?

• Historical Perspective:

You’ll gain a historical perspective on the evolution of portfolio management, risk assessment, and valuation practices on Wall Street. Understanding the roots of these practices can provide a solid foundation for anyone interested in finance.

• Interdisciplinary Approach:

The course highlights the interdisciplinary nature of investment management. It explores the significant contributions of economists, statisticians, mathematicians, and technicians in decoding and quantifying asset pricing dynamics. This interdisciplinary approach offers a holistic view of the subject matter.

• CFA Level 1 Preparation:

If you’re preparing for the CFA Level 1 examination, this course is particularly relevant as it covers topics related to portfolio management. It can serve as a valuable resource to help you excel in this aspect of the exam.

• Risk Management:

You’ll understand the essence of risk and how it is quantified, a fundamental aspect of any investment strategy.

• CAPM and Efficient Market Hypothesis:

Delve deep into the Capital Asset Pricing Model (CAPM) and the Efficient Market Hypothesis (EMH). These are crucial concepts in finance, and a solid grasp of them can be immensely beneficial.

• Markowitz Model and the Efficient Frontier:

Learn about the Markowitz Model and the concept of the efficient frontier, which are essential tools for constructing diversified and
efficient portfolios.

• Capital Asset Line and Security Market Line:

Understand the dynamics of the Capital Asset Line and the significance and workings of the Security Market Line. These concepts are central to portfolio construction and risk assessment.

• Risk-Adjusted Returns:

Explore the concept of risk-adjusted returns and their importance in evaluating investment performance.

• Statistical Analysis:

Demystify statistical analysis in the context of investment, with an introduction to z-scores.

Who this course is for:

• Aspiring professionals in the investment management industry
• Students pursuing a career in finance, portfolio management, or related fields
• Working professionals seeking to enhance their knowledge of investment and risk
management
• Students appearing for CFA level I exams esp. for portfolio management subject area

Get a certificate of completion from The middle Road. The time to complete this online course could vary from 30 to 45 hours.