About this Course
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지금 바로 시작해 나만의 일정에 따라 학습을 진행하세요.

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일정에 따라 마감일을 재설정합니다.

완료하는 데 약 13시간 필요

영어

자막: 영어

100% 온라인

지금 바로 시작해 나만의 일정에 따라 학습을 진행하세요.

탄력적인 마감일

일정에 따라 마감일을 재설정합니다.

완료하는 데 약 13시간 필요

영어

자막: 영어

강의 계획 - 이 강좌에서 배울 내용

1
완료하는 데 3시간 필요

Defining Attitudes Towards and Alternative Measures of Risk

This week we will define a statistical measure of stand-alone risk as being the standard deviation of returns. We will describe three alternative attitudes towards risk, settling on risk aversion as being the standard assumption made in financial markets. We will then analyse the impact of combining assets into a portfolio upon both risk and return and then quantify the benefits from diversification by comparing performance against a suitable benchmark....
6 videos (Total 58 min), 7 readings, 2 quizzes
6개의 동영상
1.0 Welcome and Introduction2m
1.1 Measuring stand-alone risk (Just the same old standard deviations)13m
1.2 Alternative attitudes towards risk (I don’t hate risk, I’m just averse to it...)13m
1.3 Portfolio Return and Risk (The more the merrier…)11m
1.4 Defining the Diversification Benefit (It’s All About the Eggs and Baskets...)14m
7개의 읽기 자료
Course Syllabus10m
Your Teaching Team10m
Week 1 Outline10m
Start of Course Survey10m
Resources10m
Social Media10m
Study Tools and Tips10m
2개 연습문제
Week 1 Practice Quiz - This quiz does not contribute to your final grade30m
Week 1 Graded Quiz - This quiz contributes 10% towards your final grade30m
2
완료하는 데 2시간 필요

Linking risk with expected return

This week we differentiate between systematic and unsystematic risk and explain how the expected returns that are reflected in the prices of assets should be linked to only one type of risk. We illustrate how the Capital Asset Pricing Model might be used to link systematic risk with expected return and then discuss the empirical shortcomings of the model. This leads to a description of more advanced models and we conclude with a review of survey evidence that considers the approach taken by finance mangers of large listed firms in practice. ...
7 videos (Total 49 min), 1 reading, 2 quizzes
7개의 동영상
2.1 Unsystematic versus Systematic Risk (Getting rid of unrewarded risk)13m
2.2 Capital Asset Pricing Model (It’s all about the discount rate)8m
2.3 Empirical Evidence of the Capital Asset Pricing Model (Testing the untestable...)10m
2.4 Multi-factor Models and Evidence from the Field (Risk factors – the more the merrier!)9m
Mid Course Check-in2m
A View from Industry with BNY Mellon1m
1개의 읽기 자료
Week 2 Outline10m
2개 연습문제
Week 2 Practice Quiz - This quiz does not contribute to your final grade30m
Week 2 Graded Quiz - This quiz contributes 10% towards your final grade40m
3
완료하는 데 2시간 필요

Using financial statement analysis to measure cost of capital

This week we will explain the logical underpinnings of the Weighted Average Cost of Capital Formula and show how it might be estimated in practice by a firm. We will also consider the many challenges that might be faced in using this approach to estimating hurdle rates and conclude with a warning about the perverse outcomes that might occur if the technique is used in a haphazard manner....
5 videos (Total 41 min), 1 reading, 2 quizzes
5개의 동영상
3.1 Foundations of the WACC (Finance is so WACC!)11m
3.2 WACC and Debt (WACC-Owe!)11m
3.3 WACC and Equity (Share the WACC-iness)6m
3.4 Issues with WACC (To WACC or not to WACC..?)9m
1개의 읽기 자료
Week 3 Outline10m
2개 연습문제
Week 3 Practice Quiz - This quiz does not contribute to your final grade30m
Week 3 Graded Quiz - This quiz contributes 10% towards your final grade40m
4
완료하는 데 10시간 필요

Addressing financial reality with real options analysis

This week we describe how standard NPV analysis might lead to incorrect decisions when we fail to account for the impact of (or upon) firm flexibility. We then describe the three most common types of real options that firms face in practice and then explain how decision trees might be used to arrive at an approximation of the value of the real option that is embedded within a project. We conclude by considering empirical evidence on the take-up of real options analysis and discuss the situations in which real options analysis might most be needed. ...
5 videos (Total 39 min), 4 readings, 4 quizzes
5개의 동영상
4.1 The Problem with NPV (It always works… except when it doesn’t…)6m
4.2 Examples of Real Options in Practice (Is that an option in your project?)11m
4.3 Approximation of Real Option Values Using Decision Trees (Options do grow on trees!)9m
4.4 Empirical evidence and final points (Does anyone exercise their option to use real options?)8m
4개의 읽기 자료
Week 4 Outline10m
Academic Integrity10m
Where to From Here? The Next Step.10m
End of Course Survey10m
3개 연습문제
Week 4 practice quiz - This quiz does not contribute to your final grade30m
Week 4 graded quiz - This quiz contributes 10% towards your final grade30m
Course Final Exam - This quiz contributes 40% towards your final grade20m
4.7
20개의 리뷰Chevron Right

최상위 리뷰

대학: SMJul 24th 2018

the videos were very interesting though they were a bit longer as compared to the other courses, making this course more challenging

대학: SVNov 30th 2018

The content in this course is more interesting than that of the previous three. This was my favourite course in the specialization.

강사

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Paul Kofman

Dean, Faculty of Business and Economics
Sidney Myer Chair of Commerce
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Sean Pinder

Associate Professor
Faculty of Business and Economics

멜버른 대학교 정보

The University of Melbourne is an internationally recognised research intensive University with a strong tradition of excellence in teaching, research, and community engagement. Established in 1853, it is Australia's second oldest University....

Essentials of Corporate Finance 전문 분야 정보

You will gain a firm understanding of corporate finance, including accounting principles and financial analysis, how value is created by global markets, the choices firms face when making financial decisions and defining attitudes towards risk. The Specialization concludes with a Capstone project that allows you to apply the skills you've learned throughout the courses....
Essentials of Corporate Finance

자주 묻는 질문

  • 강좌에 등록하면 바로 모든 비디오, 테스트 및 프로그래밍 과제(해당하는 경우)에 접근할 수 있습니다. 상호 첨삭 과제는 이 세션이 시작된 경우에만 제출하고 검토할 수 있습니다. 강좌를 구매하지 않고 살펴보기만 하면 특정 과제에 접근하지 못할 수 있습니다.

  • 강좌를 등록하면 전문 분야의 모든 강좌에 접근할 수 있고 강좌를 완료하면 수료증을 취득할 수 있습니다. 전자 수료증이 성취도 페이지에 추가되며 해당 페이지에서 수료증을 인쇄하거나 LinkedIn 프로필에 수료증을 추가할 수 있습니다. 강좌 내용만 읽고 살펴보려면 해당 강좌를 무료로 청강할 수 있습니다.

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