Defining Attitudes Towards and Alternative Measures of Risk-Welcome and Introduction
Alternative Approaches to Valuation and Investment - Overview
()
Course Syllabus
Your Teaching Team
Defining Attitudes Towards and Alternative Measures of Risk-Week 1
Week 1 Outline
Start of Course Survey
1.0 Welcome and Introduction
()
1.1 Measuring stand-alone risk (Just the same old standard deviations)
()
1.2 Alternative attitudes towards risk (I don’t hate risk, I’m just averse to it...)
()
1.3 Portfolio Return and Risk (The more the merrier…)
()
1.4 Defining the Diversification Benefit (It’s All About the Eggs and Baskets...)
()
Defining Attitudes Towards and Alternative Measures of Risk-Resource Center
Resources
Social Media
Study Tools and Tips
Linking risk with expected return-Week 2
Week 2 Outline
2.0 Introduction
()
2.1 Unsystematic versus Systematic Risk (Getting rid of unrewarded risk)
()
2.2 Capital Asset Pricing Model (It’s all about the discount rate)
()
2.3 Empirical Evidence of the Capital Asset Pricing Model (Testing the untestable...)
()
2.4 Multi-factor Models and Evidence from the Field (Risk factors – the more the merrier!)
()
Linking risk with expected return-Mid Course Reflections
Mid Course Check-in
()
A View from Industry with BNY Mellon
()
Using financial statement analysis to measure cost of capital-Week 3
Week 3 Outline
3.0 Using Financial Information to Estimate Cost of Capital (Introduction)
()
3.1 Foundations of the WACC (Finance is so WACC!)
()
3.2 WACC and Debt (WACC-Owe!)
()
3.3 WACC and Equity (Share the WACC-iness)
()
3.4 Issues with WACC (To WACC or not to WACC..?)
()
Addressing financial reality with real options analysis-Week 4
Week 4 Outline
4.0 Introduction (One with all the options...)
()
4.1 The Problem with NPV (It always works… except when it doesn’t…)
()
4.2 Examples of Real Options in Practice (Is that an option in your project?)
()
4.3 Approximation of Real Option Values Using Decision Trees (Options do grow on trees!)
()
4.4 Empirical evidence and final points (Does anyone exercise their option to use real options?)
()
Addressing financial reality with real options analysis-Final Exam and Assessments
Academic Integrity
Where to From Here? The Next Step.
End of Course Survey