Financial Engineering and Risk Management Part I(으)로 돌아가기

4.6

1,711개의 평가

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305개의 리뷰

Financial Engineering is a multidisciplinary field drawing from finance and economics, mathematics, statistics, engineering and computational methods. The emphasis of FE & RM Part I will be on the use of simple stochastic models to price derivative securities in various asset classes including equities, fixed income, credit and mortgage-backed securities. We will also consider the role that some of these asset classes played during the financial crisis. A notable feature of this course will be an interview module with Emanuel Derman, the renowned ``quant'' and best-selling author of "My Life as a Quant".
We hope that students who complete the course will begin to understand the "rocket science" behind financial engineering but perhaps more importantly, we hope they will also understand the limitations of this theory in practice and why financial models should always be treated with a healthy degree of skepticism. The follow-on course FE & RM Part II will continue to develop derivatives pricing models but it will also focus on asset allocation and portfolio optimization as well as other applications of financial engineering such as real options, commodity and energy derivatives and algorithmic trading....

Jul 12, 2017

I appreciate how this course not only discusses the concepts in technical detail, but actually delves into the mathematics of the subject matter, and teaches how to actually do the actual work inv

Jan 20, 2017

This course is amazing. The structure is very clear and coherent. It is very mathematically focused and the models are interesting. I would always recommend this course to my colleagues.

필터링 기준:

교육 기관: Kieran M

•Jan 19, 2017

Great course. Level of support from the mentors was non existent though.

교육 기관: Garen V

•Jan 31, 2017

Eye-opening and powerful crash course introducing to the life of a quant. Problem is in the discussion forums, where there is very little interaction with mentors and week-long (or more delays) in getting feedback.

교육 기관: Aditya S

•May 14, 2018

It was a great course, a bit advanced though.

교육 기관: Felix J

•Feb 01, 2017

very good course. the exercises are very useful to review the material but it seems that rounding errors can make the difference between right and wrong.

교육 기관: Hilmi E

•Jun 03, 2017

Excellent overview .. Good assignments that enhance the lectures..

교육 기관: Vivek S

•Apr 24, 2017

Excellent course content supported with relevant excel sheets. Requires rigorous practi

교육 기관: Richard D

•Sep 21, 2016

Pretty cool course. I hope they come out with two course sequences, one based more on theory that doesn't back away from stochastic calc so much, and another on practical methods using something other than excel.

교육 기관: Andrew S

•Jul 05, 2018

That particular course helps me to better comprehend the mechanisms of how financial instruments work. I am really grateful to professors who lecture a material and my special thanks to mentors and tutors for their assistance on the forum - without you I will not be able to complete that course.

교육 기관: SIDIBE A B

•Feb 27, 2018

This course help me to understand correctly the world of financial engineering. Thanks

교육 기관: Hsuan-Chen P

•Oct 26, 2017

The entire course contents are really helpful and valuable. Professors explained the lecture clearly and the tutor was also really willing to help students with any questions. I'm going to continue taking the Financial Engineering and Risk Management Part 2.

교육 기관: Wenying Y

•Jul 26, 2019

Course material is quite challenging, most of it is in an appropriate level for me. But the quiz questions are often too hard compared to to what were taught in the lectures, and the spreadsheets used for those calculations are confusing, they are not clearly explained in the lectures at all, I think there are even some mistakes in some of them. Overall a worthy course, I learnt a lot from it. Looking forward to attend the 2nd one.

교육 기관: Diederik K

•Jul 30, 2019

This course I quite hard and demanding, this also makes it challenging!

교육 기관: Somanshu M

•Aug 08, 2019

Very good course...

교육 기관: Connie X

•Aug 14, 2019

The background material is in Week 8.

교육 기관: Anirban M

•Aug 30, 2019

This is a well-structured course who has a basic understanding of finance and wants to steer into financial engineering. The course contents are highly relevant and examples in the spreadsheets provided are very intuitive.

교육 기관: Val S

•Oct 03, 2019

This was exactly the course I was looking for! It covered all the right topics and depth of material was perfect for what I needed. The instructors were clear and thorough. One aspect I felt did not work due to the online format was the learning opportunity by interacting with TA/other students. I attempted to do extra work assignments but could not get any questions answered in a reasonably timely fashion, and same goes for course material. I passed the course but feel it would be worth more if there was someone responding to student questions in the forums. That was the reason for 4 sta

교육 기관: GOTLURU S R

•Sep 09, 2015

GOOD ONE

교육 기관: Pengchong L

•Dec 31, 2017

Lots of practical exercises with not enough explanations on the underlying reasoning/theory.

교육 기관: Weijia C

•Jul 18, 2017

Some of the knowledge points lack good examples to support and prove.

교육 기관: Xinyu L

•Feb 11, 2016

I wish it could be harder and have more challenging quizzes than simply arithmetic and multiple choice.

교육 기관: Joris D

•Oct 18, 2015

The course provides a very thorough introduction on the basic models and mechanisms by which various financial products are priced. One issue I had, was that the quiz questions sometimes used terminology or jargon for which the link with the material covered in the videos was not always immediately obvious. Also, the course, especially the later modules, heavily relies on Microsoft Excel, which some people might not be willing to pay hard cash for. It is possible to pass by doing the assignments with e.g. Python, but it's a lot of work, and not for the faint of heart.

교육 기관: Ajay S

•Sep 03, 2015

Three stars for course structure, two stars less for every poor course material which doesn't contain any guidance to test questions.

교육 기관: Bryony

•Sep 15, 2016

The lectures weren't always easy to follow but the quizzes were really useful as they meant it was necessary to understand the material. Definitely a useful course, I will be interested to see how it relates to the real world of derivatives pricing.

교육 기관: NIRAVSINH S

•Dec 12, 2015

good learning with explanation on basic financials

교육 기관: Tatsunari W

•Mar 19, 2017

The course is very elementary and basic. It should be a good intro 101 for those who have never studied mathematical finance. You can also practice using Excel if you have never used it before. It could be more challenging and fun if there were more modeling questions.