About this Course
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Approx. 13 hours to complete

Suggested: 4 hours/week...


Subtitles: English

Skills you will gain

Summary StatisticsFinancial ModelingDiversification (Finance)Investment
Learners taking this Course are
  • Risk Managers
  • Chief Financial Officers (CFOs)
  • Financial Analysts
  • Accountants
  • Business Developers

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Approx. 13 hours to complete

Suggested: 4 hours/week...


Subtitles: English

Syllabus - What you will learn from this course

1 hour to complete

Getting Started

3 readings, 1 quiz
3 readings
Project Description - Read me first!10m
Project Prompt10m
Historical Stock Data10m
1 practice exercise
Project Scope Quiz10m
3 hours to complete

Steps 1 and 2: Yahoo Finance

6 videos (Total 101 min), 4 readings, 2 quizzes
6 videos
How Models are Used in Practice (Fundamentals of Quantitative Modeling)10m
Mathematical Functions (Fundamentals of Quantitative Modeling)20m
Navigating a Spreadsheet and Crafting Formulas (Introduction to Spreadsheets)19m
How To Build an Optimization Model: Hudson Readers Ad Campaign (Modeling Risk and Realities)13m
Data and Visualization: Graphical Representation (Modeling Risk and Realities)22m
4 readings
More on Close Price versus Adjusted Close Price10m
More on the Sharpe Ratio10m
Sample Returns Spreadsheet (AAPL)10m
PDFs of Refresher Video Slides10m
2 practice exercises
Daily Returns Quiz20m
Summary Statistics Quiz20m
3 hours to complete

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

7 videos (Total 116 min), 5 readings, 1 quiz
7 videos
Present and Future Value (Fundamentals of Quantitative Modeling)15m
Optimization (Fundamentals of Quantitative Modeling)13m
Linear Programming (incl. Solver) (Introduction to Spreadsheets)9m
Optimizing with Solver, and Alternative Data Inputs (Modeling Risk and Realities)26m
Adding Risk: Managing Investments at Epsilon Delta Capital (Modeling Risk and Realities)18m
Using Scenarios for Optimizing Under High Uncertainty, Sensitivity Analysis and Efficient Frontier (Modeling Risk and Realities)15m
5 readings
Videos Explaining the Efficient Frontier and Optimal Risky Portfolio10m
More on Portfolio Variance10m
More on the Efficient Frontier10m
More on Short Selling10m
PDFs of Refresher Video Slides10m
1 practice exercise
The Minimum Variance and Optimal Risky Portfolio20m
1 hour to complete

Step 4: Optional exercise using CAPM tables

3 videos (Total 30 min), 3 readings, 1 quiz
3 videos
Use of Regression Models (Fundamentals of Quantitative Modeling)15m
Correlation and Regression (Introduction to Spreadsheets)7m
3 readings
Video on the Capital Asset Pricing Model (CAPM)10m
More on the Capital Asset Pricing Model10m
PDFs of Refresher Video Slides10m
1 practice exercise
Capital Asset Pricing Model10m
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Top reviews from Wharton Business and Financial Modeling Capstone

By 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.

By 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.



Richard Lambert

Professor of Accounting
Accounting- Wharton School

Robert W. Holthausen


Don Huesman

Managing Director, Wharton Online
Innovation Group- Wharton School

Richard Waterman

Professor of Statistics
Statistics-Wharton School

About 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. ...

About the Business and Financial Modeling Specialization

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

Frequently Asked Questions

  • 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.

More questions? Visit the Learner Help Center.