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Principles of Valuation: Risk and Return, University of Michigan

300 ratings
48 reviews

About this Course

This second course in the specialization will last six weeks and will focus on the second main building block of financial analysis and valuation: risk. The notion of risk and statistics are intimately related and we will spend a fair amount of time on the development of some statistical concepts and tools, namely distribution theory and regression analysis. This time will be well spent because these concepts and tools are also commonly used in many applications in the real world. The foundational idea of diversification will then be used to develop a framework for evaluating risk and establishing a relationship between risk and return. Apart from developing a keen appreciation of risk for making thoughtful decisions in an institutional context, this course will contain a lot of material and examples that will enable the learner to make smart personal investing decisions. The course will again have time included for assimilation and two final exams. This course is the second in a sequence of four courses that comprise a Specialization on Valuation & Investing....

Top reviews


Jun 05, 2017

A great course has been taught thoughtfully by a great Professor; i.e., Prof. Gautam Kaul.\n\nI highly recommend taking this course for anyone interested in learning basics of finance.


Mar 13, 2016

I absolutely recommend. I graduated from business school, passed all three levels of CFA but I gained tremendously from this course. Made me realize I didn't know fund

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47 Reviews


Oct 21, 2018

Excellent course, great video lectures and thought provoking assignments!

By Dipesh kumar

Aug 23, 2018

Practice thrugh excel

By Sergey Li

Jul 22, 2018

I really enjoyed the course! Well structured, well explained. Excellent quality of videos. Professor Gautam Kaul as always focused on why as well as on how. I got a lot of knowledge and deeper understanding. Will continue with the next course of the specialisation. Many thanks to the team and Professor!

By Ammon Bunker

Jul 16, 2018

Prof. Kaul is the man!


Jul 07, 2018

the exams are fking hard


Jun 17, 2018

Given my views already

By Juan Chaur

Jun 16, 2018

The course offers significant insight on bonds and stocks, great to begin becoming familiar with these instruments and the overall firm financing structure.

By Axar

Jun 15, 2018

truly the assignments teaches far more than the lectures.

By Goutam Saha

Mar 11, 2018


By Apurv Goel

Nov 26, 2017