Principles of Valuation: Risk and Return
School: University of Michigan
Registration Link: REGISTER HERE
Start Date: August 14, 2017 (6 Weeks Long)
Workload: 5-10 Hours Per Week
Graded: Students can choose to explore course videos, discussions, and ungraded assignments for free, but they won’t be able to submit graded assignments, earn a certificate, or complete a specialization without paying a $79 fee.
Instructors: Gautam Kaul and Qin Lei
Credentials: Professor Kaul has won five Excellence in Teaching awards at Ross, along with earning the Victor L. Bernard Leadership in Teaching Award in 2009. He is widely published in financial journals and teaches a variety of introductory and advanced courses, including Corporate Finance, Investment and Financial Institutions, and Sustainable Enterprise. Lei, a Ph.D. holder from the University of Michigan, joined the University of Michigan staff in 2013 after earning the MBA Outstanding Teaching Award at Southern Methodist University in 2012. He currently teaching courses in applied investment management, options and futures, and capital markets. His most recent research has been published by the Journal of Financial Markets and the Journal of Industrial Economics.
Description: This course covers the valuation of stocks and bonds using the principles of time value of money (TVM). According to the syllabus, the course will also “develop a theory of risk based on the intuitive concept of diversification” before introducing the CAPM (Capital Asset Pricing Model) and examining the relationship between the risk and return against key statistical concepts.
Review: “The teachings of Prof. Kaul are excellent especially the way he relates Finance with everyday life and love! I enjoyed learning from him and I looked forward to see him and learn from him through Coursera every night. Keep up the good work!” For additional reviews, click here.
Additional Note: This course is the first part of an “Introduction to Finance: Valuation and Investing” specialization, a four course series that includes a capstone project. To learn more about these courses and register for them, click here.