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

4.6

별점

2,154개의 평가

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414개의 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....

DP

Mar 09, 2020

I have an engineering / numerics background and enjoyed this course very much. Good overview and comprehensive explanation of mathematical models of fixed income and equities as well as derivatives.

MM

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

필터링 기준:

교육 기관: Bei J

•Apr 21, 2017

Great course. Highly recommend.

교육 기관: ASHWIN

•Apr 17, 2017

Finding it interesting

교육 기관: Somanshu M

•Aug 08, 2019

Very good course...

교육 기관: Antonio S

•Feb 06, 2017

Gorgeous

교육 기관: Duvakli S

•Jun 08, 2020

Thanks

교육 기관: Jung H S

•Jun 04, 2017

g

교육 기관: Steven R

•Aug 19, 2015

G

교육 기관: Andrew M

•Jun 11, 2020

The course is OK. You can learn the material if you work hard to find external sources to help.

A few problems with the course... First, the people speaking in the lectures seem to be speed reading off of a piece of paper, trying to make every video below a certain time threshold. It feels less like teaching, and more like listening to someone read. Second, the handwriting is pretty bad throughout, sometimes illegible. Third, the course significantly lacks example problems along with solutions (showing work) to those problems. Lastly, this course lacks practicality. It would be nice to understand more about uses (expand on calibration of binomial options models, for example).

I have coded some examples for those looking for an extra place to learn the algorithms/math associated with some of the important points of this course: https://github.com/amittleider/FinancialEngineering .

교육 기관: Ved B

•Apr 30, 2020

The course content is excellent and is very wisely chosen. However more simplification is necessary. For a student with good knowledge of financial derivatives but limited knowledge of the mathematics behind it, the explanation provided by the instructors may prove to be highly insufficient (from week 4 onwards). More examples should be added by the instructors so as to make the content interesting. Interview with Emmanuel Derman was note worthy.

One more suggestion - the exercises seemed difficult in relation to the course content. A slight mismatch in the answers ( 5.62 vs 5.63) is taken as an incorrect entry. The instructors may consider providing a short range of correct answers in the system so that such mismatches do not occur.

교육 기관: Roger S

•May 18, 2020

The material is engaging, interesting, and challenging; the instructors' lectures are generally good quality and easy enough to follow. However, some of the quizzes are horrendous and lead to hours upon hours of frustration as you try to get the EXACT answer to enter into the input box in order for it to be accepted as "correct". Some of quizzes rely far too much on the minutiae of Excel spreadsheet fine-tuning and can be VERY frustrating to navigate. It might be better to test general understanding of concepts or find some other way to design these quizzes. Otherwise, good course.

교육 기관: Chatura C L

•Jul 08, 2020

The basic ideas are taught very nicely in the course, but I would have wished to see some more advanced maths such as some integrals computed in order to determine option prices and maybe a continuous time (BDT) model. At some point it was tiring to go through the binomial model.

Nevertheless the course was very interesting. Thank you very much!

교육 기관: Priyank D

•May 25, 2020

I learned a lot during the course. Here are my few suggestions:1) a person should be familiar with basics as the course is highly non-descriptive.....you might confuse between financial terms time to time. 2) i think the flow of the course can be improved.The most enjoyable and tricky parts are the quizs,they are tough to crack.

교육 기관: Lê T T T

•Jul 16, 2020

I think this course is good and gives me some useful knowledge. However, the most disadvantage is that it is lacked of example and that makes us really hard to understand and do quiz. I rank 3 stars for this course with the hope that the disadvantage will be improved to make the course more perfect.

교육 기관: Dmitrii K

•May 23, 2020

I liked how binomial model was covered, clearly explained each product pricing. I also liked mortgage module explanation - with examples of the calculation in excel. However, in the first two weeks the teacher reads formulas from presentation without explaining and linking to the real examples.

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: Xinyu L

•Feb 11, 2016

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

교육 기관: Jedidiah D G

•Jan 04, 2020

Lack of examples/problems worked out in the videos. Can be difficult to pass quizzes accordingly

교육 기관: Akash D

•May 19, 2020

No fue lo que esperaba. Los instructtores no dieron su mejor presentacion.

교육 기관: NIRAVSINH S

•Dec 12, 2015

good learning with explanation on basic financials

교육 기관: GOTLURU S R

•Sep 09, 2015

GOOD ONE

교육 기관: Matteo B

•Jul 31, 2020

this course lacks examples and explanations that are not just formulas read out during the "classes". the quizzes will ask you to compute something you have never seen before, expecting you to understand how to reform some obscure, unexplained formula a couple of classes ago. It is a shame because it is a very interesting subject, but the course suffers from the defect that (probably) great practitioners often do not make great teachers.

교육 기관: John H

•Aug 11, 2020

I only attempted the first 2 weeks before giving up. The instructor would mostly read each confusing powerpoint slide at verbatim without adding much learning value.

교육 기관: Revathi I

•Sep 14, 2020

it was a very high level course and not of my type

교육 기관: Mansi B

•May 03, 2020

I find the explanation very hard to catch up to. Even the simple examples seem very vague and it just seems like going through random equations and theorems. Maybe its the syllabus, but its not that easy to grasp and make sense of. I have studied complex financial concepts but using equations is new and despite having a thorough background in financial studies, i find it difficult to grasp. I think once the topic is introduced, it should be developed on further instead of discussing other concepts briefly. Without much understanding of the first concept, moving onto just a brief discussion of of another topic seems confusing and easy to forget. I am still trying to get through the course and its a little challenging to get finish the slides.

교육 기관: Aditya D

•Sep 20, 2020

The videos are poorly explained, the exams are extremely difficult, and there is practically no help given when answers are wrong, and answers marked incorrect due to negligible errors. The only fault I could see from my side is that I didn't do a finance degree as that is the only way to understand this course. I've practically studied on Youtube to clear these exams, as they are poorly scheduled. Respected professors are just reading from slides.