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Investment Management in an Evolving and Volatile World by HEC Paris and AXA Investment Managers

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Investment Management in an Evolving and Volatile World by HEC Paris and AXA Investment Managers

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Gain insight into a topic and learn the fundamentals.
4.6

792 reviews

Intermediate level
Some related experience required
Flexible schedule
2 weeks at 10 hours a week
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
4.6

792 reviews

Intermediate level
Some related experience required
Flexible schedule
2 weeks at 10 hours a week
Learn at your own pace

There are 4 modules in this course

Have you ever wanted to invest in financial markets, but were always afraid that you didn’t have the proper tools or knowledge to make informed decisions? Have you ever wondered how investment management companies operate and what fund managers do? AXA Investment Managers, in partnership with HEC Paris, will introduce you to the most important ideas and concepts in investment management, to help you better understand your financial future.

This course will enable you to: • Define what type of investor you are, your investment objectives, and potential constraints. • Identify the main investable assets and important players in financial markets. • Understand basic portfolio management techniques. • Apply these techniques in real case studies from the outset, through practical assessments. Finally, we will provide a comprehensive overview of today's asset management industry: the product cycles, professionals, and regulations. For those who want to identify a talented fund manager to invest for you, we offer important criteria for selecting one. For those who are interested in learning more about this fascinating industry, we lay the foundation for your ongoing financial journey. Join us now to explore the world of investment management! Course Specialists The course has been developed in collaboration between HEC Paris, with Hugues Langlois managing the academic aspect, and AXA Investment Managers specialists, sharing their experiences and expertise and coordinated by Marion Le Morhedec. AXA Investment Managers participants include Maxime Alimi, Stephanie Condra, Nicholas Jeans, Elodie Laugel, Pierre-François de Mont-Serrat, Jean-Gabriel Pierre (AXA Group), Dorothée Sauloup, Irina Topa-Serry, Fiona Southall, Patrice Viot Coster, Susanna Warner, and Joachim Weitgasser. Recommended Background We expect most participants to have a basic level of knowledge in mathematics and economics. However this is not essential, and we believe that people from any background can succeed with commitment and a strong interest. Be aware that in the case study, you will have to use Excel. Course Format This course will run for 4 weeks and consists of 4 modules, each with a series of lecture videos between 5 to 8 minutes long. Each module contains a set of practice and graded quiz questions. A complete portfolio management exercise covers concepts learned in all modules Language The course is in English, with Spanish, Italian, German, French, and Chinese (Simplified) subtitles. The Project The preparation of this MOOC has been an exciting adventure for many professionals at AXA Investment Managers and HEC, both for the speakers and a wealth of contributors. Thank you to all of them. We hope you enjoy this course as much as we enjoyed creating it!

As the first module of the course, we will start with helping you to identify which kind of investor you are, and what are your investment objectives. Then, we will give you an overall view of investible assets and the financial market. In addition, we will introduce the concepts of risk and returns in portfolio management which will help you to make better investment decisions.

What's included

7 videos7 readings5 assignments2 discussion prompts

7 videosTotal 61 minutes
  • Introduction to the Course2 minutes
  • What kind of investor are you?9 minutes
  • What do you want to achieve as an investor?7 minutes
  • Translating your objectives into financial metrics10 minutes
  • Understanding how to measure asset risk and return9 minutes
  • A glance at the universe of investable assets12 minutes
  • Financial market participants at play10 minutes
7 readingsTotal 70 minutes
  • What will you learn?10 minutes
  • More about the course10 minutes
  • Supporting material - computing returns and sample statistics10 minutes
  • What will you learn?10 minutes
  • Additional (optional) videos10 minutes
  • Portfolio management exercise: part 110 minutes
  • Next quiz for advanced learners (honor track)10 minutes
5 assignmentsTotal 150 minutes
  • Graded Quiz Module 130 minutes
  • Portfolio management exercise - Getting Started with Investments30 minutes
  • Quiz for honor track - part 130 minutes
  • Practice Quiz Module 1 Lesson 130 minutes
  • Practice Quiz Module 1 Lesson 230 minutes
2 discussion promptsTotal 20 minutes
  • Introduce yourself to your peers!10 minutes
  • What type of investor do you think YOU are?10 minutes

This is the second week of our study. We first learn how to optimize a portfolio allocation given your investment objectives. Then we will learn how to integrate your investment constraints to find a feasible investment solution. You will use asset pricing models to improve your portfolio performance by improving your understanding of financial asset returns. Finally, you will apply different hedging techniques to remove unwanted risk in our portfolios.

What's included

6 videos7 readings4 assignments

6 videosTotal 50 minutes
  • Introduction to Module 21 minute
  • How to use quantitative method to optimize portfolio construction9 minutes
  • How do constraints and regulations impact portfolio construction?8 minutes
  • The importance of asset pricing in portfolio management9 minutes
  • Strategic versus tactical allocation11 minutes
  • Hedging techniques: how to protect portfolio against undesired risk11 minutes
7 readingsTotal 70 minutes
  • What will you learn?10 minutes
  • Supporting material10 minutes
  • Supporting material10 minutes
  • Additional (optional) videos10 minutes
  • What will you learn?10 minutes
  • Suggested reading10 minutes
  • Portfolio management exercise: part 210 minutes
4 assignmentsTotal 120 minutes
  • Graded Quiz Module 230 minutes
  • Portfolio management exercise - Let's Allocate Across Investments30 minutes
  • Practice Quiz - Module 2 Lesson 130 minutes
  • Practice Quiz - Module 2 - Lesson 230 minutes

We take in this module a closer look at investment strategies. We start by examining both quantitative active and qualitative strategies, and understanding their respective benefits. In the second lesson, we will learn how to apply these strategies in real life, including how to translate a strategies into transactions. We finish by examining extreme events in financial markets during which investment strategies were challenged.

What's included

7 videos8 readings4 assignments

7 videosTotal 57 minutes
  • Introduction to Module 31 minute
  • The economics of active management8 minutes
  • Active management: quantitative approach8 minutes
  • Active management: discretionary approach11 minutes
  • Investment management decisions9 minutes
  • How to manage trading efficiently11 minutes
  • How to manage extreme events in financial markets9 minutes
8 readingsTotal 80 minutes
  • What will you learn?10 minutes
  • Additional (optional) videos10 minutes
  • Supporting material10 minutes
  • Suggested reading10 minutes
  • What will you learn?10 minutes
  • Suggested reading10 minutes
  • Supporting material and suggested reading10 minutes
  • Next quiz for advanced learners (honor track)10 minutes
4 assignmentsTotal 120 minutes
  • Graded Quiz Module 330 minutes
  • Quiz for honor track - part 230 minutes
  • Practice Quiz - Module 3 - Lesson 130 minutes
  • Practice Quiz - Module 3 - Lesson 230 minutes

In this final module, we cover the details of the asset management industry. We start by understanding what it takes to make a proper decision when hiring a fund manager. We will learn how to evaluate his or her performance, and to select the right one depending on our investment objectives. Then, we cover the functioning of an asset management firm. We will learn the different career paths within an asset management firm. We will also cover the different stages of the life cycle of an investment product, including the role of each department within the firm and the impact of regulations on their design.

What's included

7 videos7 readings5 assignments

7 videosTotal 53 minutes
  • Introduction to Module 41 minute
  • How to measure and monitor the performance of an investment8 minutes
  • Selecting the right fund manager7 minutes
  • Formalize your investment objectives8 minutes
  • Professionals at work in an asset management company8 minutes
  • Product cycles in asset management11 minutes
  • What does regulation bring to the industry?8 minutes
7 readingsTotal 70 minutes
  • What will you learn?10 minutes
  • Supporting material10 minutes
  • What will you learn?10 minutes
  • Suggested reading10 minutes
  • Got any question? Ask us in a live session!10 minutes
  • Portfolio management exercise - part 310 minutes
  • Next quiz for advanced learners (honor track)10 minutes
5 assignmentsTotal 150 minutes
  • Graded Quiz Module 430 minutes
  • Portfolio management exercise - Let's Evaluate an Investment Fund30 minutes
  • Quiz for honor track - part 330 minutes
  • Practice Quiz - Module 4 - Lesson 130 minutes
  • Practice Quiz - Module 4 - Lesson 230 minutes

Instructors

Instructor ratings
4.5 (108 ratings)
HEC Paris
1 Course57,681 learners

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HB
·

Reviewed on May 1, 2020

A good course which will help you get an understanding of the market and the various mathematical tools used in the analysis

SS
·

Reviewed on Jun 30, 2020

Key principles and overview are excellent. Technicals and quantitative aspects were too fast and detailed for me. Probably more useful for analyst level interests

YR
·

Reviewed on Jun 11, 2020

I really enjoyed this course, I learned new concepts in investment and gave me an impulse to keep studying and going deep in this area of finance.

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