Enroll Course: https://www.coursera.org/learn/portfolio-risk-management
The ‘Portfolio and Risk Management’ course offered on Coursera is an excellent choice for anyone interested in gaining a thorough understanding of portfolio construction and risk management strategies. This course expertly balances theoretical foundations with practical applications, making it suitable for both beginners and experienced investors.
The course begins with a solid introduction to the key concepts of expected returns, risk, and asset dependence, which are crucial for building a robust investment portfolio. The second module dives into Modern Portfolio Theory, emphasizing the importance of diversification through imperfect correlations among assets, and explores how these principles impact asset pricing and portfolio performance. This section also introduces the Capital Asset Pricing Model (CAPM), providing valuable insights into asset valuation.
In the third week, the focus shifts to asset allocation, differentiating between strategic and tactical approaches. This segment helps learners understand how to align investment strategies with individual investor profiles and market opportunities. The final week covers risk management, highlighting various sources of risk like illiquidity and currency fluctuations, as well as advanced risk measurement tools such as Value-at-Risk and Expected Shortfall. Practical techniques for hedging market and currency risks are also discussed.
I highly recommend this course for portfolio managers, financial analysts, and individual investors aiming to enhance their understanding of risk-adjusted return optimization. The combination of theory, real-world insights, and practical tools makes this course a valuable investment in your financial education.
Enroll Course: https://www.coursera.org/learn/portfolio-risk-management