About this Course

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Learner Career Outcomes

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got a tangible career benefit from this course

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Shareable Certificate
Earn a Certificate upon completion
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Flexible deadlines
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Approx. 16 hours to complete
English

Skills you will gain

Behavioral FinanceCognitive BiasInvestmentBehavioral Economics

Learner Career Outcomes

50%

got a tangible career benefit from this course

50%

got a pay increase or promotion
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Approx. 16 hours to complete
English

Offered by

Placeholder

Rice University

Syllabus - What you will learn from this course

Week
1

Week 1

5 hours to complete

Efficient markets hypothesis and limits of arbitrage

5 hours to complete
9 videos (Total 67 min), 12 readings, 4 quizzes
9 videos
Efficient Markets Hypothesis (EMH)7m
Examples of market efficiency: Market efficiency in real time3m
Three Versions of Efficient Market Hypothesis9m
Event studies6m
Anomalies13m
Mutual fund and analyst performance9m
Smart investor should make markets efficient, right?8m
Efficient Market Hypothesis2m
12 readings
Grading Policy10m
How to use discussion forums10m
Meet & Greet: Get to know your classmates10m
Pre-Course Survey10m
Watch market efficiency in real time10m
Real Time Market Efficiency10m
Lecture Handouts: Efficient Markets Hypothesis (EMH)10m
Lecture Handouts: Are markets efficient?10m
EntreMed Case10m
New Facts in Finance (optional)10m
Lecture Handouts: Limits to arbitrage10m
Module 1: Quiz solutions10m
3 practice exercises
Efficient markets hypothesis30m
Are markets efficient?30m
Efficient markets and limits of arbitrage30m
Week
2

Week 2

4 hours to complete

Biases and realistic preferences

4 hours to complete
12 videos (Total 75 min), 10 readings, 2 quizzes
12 videos
What are heuristics-driven biases?3m
Representativeness9m
Conservatism and anchoring6m
Overconfidence7m
Frame dependence9m
Mental accounting11m
Realistic preferences3m
Loss aversion or Prospect theory9m
Habit utility4m
Catching up with the Joneses3m
Biases and realistic preferences2m
10 readings
Lecture handouts: Heuristics-driven biases10m
Additional heuristic-driven biases (required)10m
Heuristics and Biases in Retirement Savings Behavior (optional)10m
Behaving Badly (optional)10m
Seven Sins of Fund Management (optional)10m
Lecture handouts: Frame dependence10m
Lecture Handouts: Preferences10m
The Psychology and Neuroscience of Financial Decision Making10m
Psychology of what we do with our money (optional)10m
Module 2: Quiz solutions10m
2 practice exercises
Heuristic driven biases and frame dependence30m
Biases and realistic preferences30m
Week
3

Week 3

5 hours to complete

Inefficient markets

5 hours to complete
9 videos (Total 72 min), 2 readings, 4 quizzes
9 videos
Equity premium puzzle9m
Volatility puzzle12m
Closed-end fund puzzle10m
Examples from Closed-End Country Funds5m
Long-run reversals11m
Value effect10m
Momentum9m
Summary1m
2 readings
Lecture handouts: Applications – the Aggregate Stock Market10m
Lecture handouts: Applications – The cross-section of average stock returns10m
2 practice exercises
Applications – the Aggregate Stock Market30m
Applications – The cross-section of average stock returns30m
Week
4

Week 4

2 hours to complete

Applications: Investor behavior

2 hours to complete
6 videos (Total 24 min), 3 readings, 2 quizzes
6 videos
Failure to Diversify6m
Naïve diversification3m
Excessive trading6m
Individual investors’ buying and selling decision5m
Summary1m
3 readings
Lecture handouts: Investor behavior10m
Module 4: Quiz solutions10m
End-of-Course Survey10m
2 practice exercises
Investor Behavior30m
Applications: Investor behavior30m

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About the Investment and Portfolio Management Specialization

Investment and Portfolio Management

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