Investment Strategies (Online)

Date  
Dec 3, 2020–Feb 18, 2021 $3,500

Questions? Contact Us:

Emeritus
+1 315-982-5094
+1 315-277-2746
[email protected]

Duration: 10 Weeks
Time Commitment: 4-6 hours/week
 
Certificate Credits: 2
Learn more.

 
Delivered in collaboration with
Emeritus

“Blending financial history, theory, and data, this program emphasizes prudent risk management and data-driven decision making to help you make sound financial choices, avoid common investing pitfalls, and set you on a path of lifelong learning about markets and investing.”
– The Program's Faculty Director Harry Mamaysky

Investment Strategies (Online)

Having the tools and knowledge to develop smart investment strategies has perhaps never been the current global climate. You need a solid understanding of how markets work combined with cutting-edge analytical skills and advanced quantitative tools that can guide management through uncertainty and into the future.

As a participant in the Investment Strategies (Online) program, you get an introduction to the investing as well as an incisive overview of capital markets and modern risk management. And you can put your knowledge into practice immediately.

Succeeding in active investing requires knowledge of the markets, confidence in crunching the numbers, and skill in analyzing and managing your investment instruments and risks. In this program, you will:

  • Analyze the performance of actively managed investment products
  • Discuss the underlying empirical evidence that informs investment decisions
  • Understand the theoretical foundation of active investment management
  • Apply modern risk management and analytical theory to stock selection

Please Contact Us

Please contact our partners at Emeritus at [email protected], +1 315-982-5094, or +1 315-277-2746 for a personal conversation to learn more.

IMPACT

This program is designed around four value-driving methods:

Foundational Knowledge
Deepen your understanding of capital markets, liabilities, major asset classes, leverage, and databases.

Empirical Skills
Measure risk, analyze volatility, identify correlation, run regression analyses, define the yield curve, and evaluate drawdown.

Forecasting Regression
Explore bond markets along with expected return from the bond market as a function of the yield of the bond and the slope of the yield structure.

Active Management
Analyze the performance of investment products over time, understand the bond market and yield, define passive vs. active investing, learn the tools and limits of forecasting.
 

Upon completion of this program, you will earn two credits towards a Certificate with select alumni and tuition benefits. Learn more.

PROGRAM STRUCTURE

Our approach provides the tools and frameworks that will help you measure risk, analyze bond markets, run regression analyses, define the yield curve, and learn the tools of forecasting.

The program is comprised of the following weekly sessions:

  • Week 1: Orientation
  • Week 2: Introduction to Capital Markets
  • Week 3: Major Asset Classes
  • Week 4: Risk and Investing
  • Week 5: Active Management
  • Week 6: Market Risk Premium, Part I
  • Week 7: Market Risk Premium, Part II
  • Week 8: Patterns in Stock Returns, Part I
  • Week 9: Patterns in Stock Returns, Part II
  • Week 10: Portfolio Considerations

Real-World Tools and Examples

During the program, you’ll be introduced to and will interact with real-world tools and examples that reinforce the lessons presented in powerful and concrete ways. Some examples include:

FRED & Yahoo Finance
Use FRED, the online Federal Reserve Economic Database, Jordà-Schularick-Taylor Macrohistory Database website, and the Yahoo Finance database to collect data needed to complete financial calculations that will help you make informed financial decisions in various activities.

Journal of Finance
Use this as a general resource to help expand your knowledge in investing and finance.

LTCM Hedge Fund
Explore this real-world example of a hedge fund that was publicly affected by leverage and learn what went wrong.
 

For full details of the curriculum, please download the brochure.

PARTICIPANT PROFILE

Investment Strategies (Online) is ideal for financial professionals seeking to advance their competencies, entrepreneurs looking for a deeper understanding of investment management, and individual investors pursuing advanced skills.

Participants may include professionals with the following titles:

  • Investment Bankers
  • Asset and Portfolio Managers
  • Risk Managers
  • Financial Advisors
  • Financial Planners
  • Investment Strategists
  • Wealth Advisors
  • Traders
  • Investment and Fund Management Executives
  • High Net-Worth Individuals
  • Entrepreneurs

Columbia Business School alumni and up to four of their colleagues are eligible for a 25 percent tuition benefit for this program. More on the Alumni Tuition Benefit.

 

FACULTY

Harry Mamaysky, Faculty Director
Professor of Professional Practice in the Faculty of Business

Mamaysky teaches capital markets and asset pricing to MBA, Masters, and PhD students as well as Executive Education programs on the use of text data in finance and on corporate bonds. His research focuses on equity, exchange rate, volatility, and credit markets, the role of information in the trading process, and on market microstructure. He has consulted for a quantitative investment firm and a nationally recognized statistical rating organization. Prior to his return to academia, he founded the Systemic Risk Group at Citigroup and served as a member of the firm’s Risk Executive Committee. He has held positions with Citi Principal Strategies, Old Lane, Morgan Stanley, and Citicorp. He joined Columbia Business School in 2015.