課程信息
4.6
233 ratings
33 reviews
In this Capstone you will recommend a business strategy based on a data model you’ve constructed. Using a data set designed by Wharton Research Data Services (WRDS), you will implement quantitative models in spreadsheets to identify the best opportunities for success and minimizing risk. Using your newly acquired decision-making skills, you will structure a decision and present this course of action in a professional quality PowerPoint presentation which includes both data and data analysis from your quantitative models. Wharton Research Data Services (WRDS) is the leading data research platform and business intelligence tool for over 30,000 corporate, academic, government and nonprofit clients in 33 countries. WRDS provides the user with one location to access over 200 terabytes of data across multiple disciplines including Accounting, Banking, Economics, ESG, Finance, Insurance, Marketing, and Statistics....
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100% 在線課程

立即開始,按照自己的計劃學習。
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Clock

建議:4 hours/week

完成時間大約為13 小時
Comment Dots

English

字幕:English

您將獲得的技能

Summary StatisticsFinancial ModelingDiversification (Finance)Investment
Globe

100% 在線課程

立即開始,按照自己的計劃學習。
Calendar

可靈活調整截止日期

根據您的日程表重置截止日期。
Clock

建議:4 hours/week

完成時間大約為13 小時
Comment Dots

English

字幕:English

教學大綱 - 您將從這門課程中學到什麼

1

章節
Clock
完成時間為 1 小時

Getting Started

Welcome! This opening module was designed to give you an overview of the Business and Financial Modeling Capstone, in which you will be working with historical financial data to calculate individual returns and summary statistics on those returns. The project has multiple steps, which are outlined below in the "Project Prompt", and culminates in a recommendation for portfolio allocation that you will prepare a presentation on. You will draw on elements from all courses to complete this project, and you can use your final presentation as a work sample to improve your current job or even find a new one. Before moving on, complete the "Project Scope Quiz." The work you do this week enables you to understand the steps needed to successfully complete your final project....
Reading
3 個閱讀材料, 1 個測驗
Reading3 個閱讀材料
Project Description - Read me first!10分鐘
Project Prompt10分鐘
Historical Stock Data10分鐘
Quiz1 個練習
Project Scope Quiz10分鐘

2

章節
Clock
完成時間為 3 小時

Steps 1 and 2: Yahoo Finance

In this module, which correlates to Steps 1 and 2 in the Project Prompt, you'll be working with a historical data set to calculate performance data and to provide summary statistics on that data. These calculations will allow you to practice using Spreadsheets for financial calculations, and provides the foundational skills and numbers for the next steps of the project. First, you'll use the set to calculate daily returns on a set of securities. You'll then use your Spreadsheet skills to calculate summary statistics. You'll be given the opportunity to test your knowledge with a sample return to see if your calculations are correct. And you may want to refresh your recollection of the content from the Specialization with the lectures included here. The work you complete this week allows you to form the basis for comparing stock performance, which you will use in creating the investment portfolio for your final project as well as the comparison to the performance of a single stock....
Reading
6 個視頻(共 101 分鐘), 4 個閱讀材料, 2 個測驗
Video6 個視頻
How Models are Used in Practice (Fundamentals of Quantitative Modeling)10分鐘
Mathematical Functions (Fundamentals of Quantitative Modeling)20分鐘
Navigating a Spreadsheet and Crafting Formulas (Introduction to Spreadsheets)19分鐘
How To Build an Optimization Model: Hudson Readers Ad Campaign (Modeling Risk and Realities)13分鐘
Data and Visualization: Graphical Representation (Modeling Risk and Realities)22分鐘
Reading4 個閱讀材料
More on Close Price versus Adjusted Close Price10分鐘
More on the Sharpe Ratio10分鐘
Sample Returns Spreadsheet (AAPL)10分鐘
PDFs of Refresher Video Slides10分鐘
Quiz2 個練習
Daily Returns Quiz20分鐘
Summary Statistics Quiz20分鐘

3

章節
Clock
完成時間為 3 小時

Step 3: Creating an optimal risky portfolio on the efficient frontier

In this module, you'll go beyond calculating simple returns to tackle the more advanced task of finding the minimum variance and "optimal risk portfolio" weights for a portfolio of selected securities (note, the "optimal risky portfolio" is also known as an "optimal portfolio" or "tangent portfolio"). You'll follow the tasks in Step 3 in the Project Prompt and use the resources below to calculate the portfolio weights for two securities that results in the portfolio with the minimum variance; then, you'll calculate the "optimal risky portfolio" on the efficient frontier for these same two securities, then for all 10 stocks in the pool. You'll be quizzed on your calculations and other insights that emerge from this exercise. The work you complete this week gives you practice in creating an optimal risky portfolio, which is a key component of your final project. Note: There are a number of resources available on the internet providing step-by-step instructions on how to use Excel to create an "optimal risky portfolio" on the efficient frontier given a certain set of available assets. We encourage you to attempt to use the skills you gained during the Specialization to work through these steps independently; you are, however, permitted to utilize third-party resources if you find it necessary. We've included some lectures from the underlying Specialization courses concerning Solver, optimization, and other relevant topics. ...
Reading
7 個視頻(共 116 分鐘), 5 個閱讀材料, 1 個測驗
Video7 個視頻
Present and Future Value (Fundamentals of Quantitative Modeling)15分鐘
Optimization (Fundamentals of Quantitative Modeling)13分鐘
Linear Programming (incl. Solver) (Introduction to Spreadsheets)9分鐘
Optimizing with Solver, and Alternative Data Inputs (Modeling Risk and Realities)26分鐘
Adding Risk: Managing Investments at Epsilon Delta Capital (Modeling Risk and Realities)18分鐘
Using Scenarios for Optimizing Under High Uncertainty, Sensitivity Analysis and Efficient Frontier (Modeling Risk and Realities)15分鐘
Reading5 個閱讀材料
Videos Explaining the Efficient Frontier and Optimal Risky Portfolio10分鐘
More on Portfolio Variance10分鐘
More on the Efficient Frontier10分鐘
More on Short Selling10分鐘
PDFs of Refresher Video Slides10分鐘
Quiz1 個練習
The Minimum Variance and Optimal Risky Portfolio20分鐘

4

章節
Clock
完成時間為 1 小時

Step 4: Optional exercise using CAPM tables

The Capital Asset Pricing Model, or CAPM, is another tool used by investors to weigh the risks and rewards of potential investments. In this optional module covering Step 4 in the Project Prompt, you can use CAPM as a vehicle to further strengthen your financial modeling skills, including using regression concepts. You may revisit the Specialization lectures below touching on regression. To test whether you've grasped the concepts in the CAPM model, this module includes a short quiz. This assessment is formative, meaning your score will not count towards your final grade. The work you do this week may inform how you build the mixed asset portfolio of your final project, but it is not necessary to complete the final project....
Reading
3 個視頻(共 30 分鐘), 3 個閱讀材料, 1 個測驗
Video3 個視頻
Use of Regression Models (Fundamentals of Quantitative Modeling)15分鐘
Correlation and Regression (Introduction to Spreadsheets)7分鐘
Reading3 個閱讀材料
Video on the Capital Asset Pricing Model (CAPM)10分鐘
More on the Capital Asset Pricing Model10分鐘
PDFs of Refresher Video Slides10分鐘
Quiz1 個練習
Capital Asset Pricing Model10分鐘
4.6
Direction Signs

25%

完成這些課程後已開始新的職業生涯
Briefcase

83%

通過此課程獲得實實在在的工作福利
Money

25%

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創建者 AVNov 2nd 2017

Good course that helps understand different considerations to take into account when creating models. Well laid out Capstone project to help understand portfolio diversification and Optimal Portfolio.

創建者 RTSep 26th 2016

Really a great set of courses to understand and apply models to many different scenarios. I was able to use the skills I learned right away in my profession. Would definitely recommend.

講師

Richard Lambert

Professor of Accounting
Accounting- Wharton School

Robert W. Holthausen

Professor
Accounting

Don Huesman

Managing Director, Wharton Online
Innovation Group- Wharton School

Richard Waterman

Professor of Statistics
Statistics-Wharton School

關於 University of Pennsylvania

The University of Pennsylvania (commonly referred to as Penn) is a private university, located in Philadelphia, Pennsylvania, United States. A member of the Ivy League, Penn is the fourth-oldest institution of higher education in the United States, and considers itself to be the first university in the United States with both undergraduate and graduate studies. ...

關於 Business and Financial Modeling 專項課程

Wharton's Business and Financial Modeling Specialization is designed to help you make informed business and financial decisions. These foundational courses will introduce you to spreadsheet models, modeling techniques, and common applications for investment analysis, company valuation, forecasting, and more. When you complete the Specialization, you'll be ready to use your own data to describe realities, build scenarios, and predict performance....
Business and Financial Modeling

常見問題

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

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