Financial Engineering and Risk Management Part I

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8/10 stars
based on  3 reviews
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Start Date TBA
Financial Engineering and Risk Management Part I

Course Details

Cost

FREE

Upcoming Schedule

  • TBA

Course Provider

Coursera online courses
Coursera's online classes are designed to help students achieve mastery over course material. Some of the best professors in the world - like neurobiology professor and author Peggy Mason from the University of Chicago, and computer science professor and Folding@Home director Vijay Pande - will supplement your knowledge through video lectures. They will also provide challenging assessments, interactive exercises during each lesson, and the opportunity to use a mobile app to keep up with yo...
Coursera's online classes are designed to help students achieve mastery over course material. Some of the best professors in the world - like neurobiology professor and author Peggy Mason from the University of Chicago, and computer science professor and Folding@Home director Vijay Pande - will supplement your knowledge through video lectures. They will also provide challenging assessments, interactive exercises during each lesson, and the opportunity to use a mobile app to keep up with your coursework. Coursera also partners with the US State Department to create “learning hubs” around the world. Students can get internet access, take courses, and participate in weekly in-person study groups to make learning even more collaborative. Begin your journey into the mysteries of the human brain by taking courses in neuroscience. Learn how to navigate the data infrastructures that multinational corporations use when you discover the world of data analysis. Follow one of Coursera’s “Skill Tracks”. Or try any one of its more than 560 available courses to help you achieve your academic and professional goals.

Provider Subject Specialization
Humanities
Sciences & Technology
4715 reviews

Course Description

Financial Engineering is a multidisciplinary field involving finance and economics, mathematics, statistics, engineering and computational methods. The emphasis of **FE & RM** **Part I** will be on the use of simple stochastic models to price derivative securities in various asset classes including equities, fixed income, credit and mortgage-backed securities. We will also consider the role that some of these asset classes played during the financial crisis. A notable feature of this course will be an interview module with **Emanuel Derman**, the renowned ``quant'' and best-selling author of "My Life as a Quant". We hope that students who complete the course and the follow-up course (**FE & RM** **Part II**) will have a good understanding of the "rocket science" behind financial engineering. But perhaps more importantly, we hope they will also understand the limitations of this theory in practice and why financial models should ... Financial Engineering is a multidisciplinary field involving finance and economics, mathematics, statistics, engineering and computational methods. The emphasis of **FE & RM** **Part I** will be on the use of simple stochastic models to price derivative securities in various asset classes including equities, fixed income, credit and mortgage-backed securities. We will also consider the role that some of these asset classes played during the financial crisis. A notable feature of this course will be an interview module with **Emanuel Derman**, the renowned ``quant'' and best-selling author of "My Life as a Quant". We hope that students who complete the course and the follow-up course (**FE & RM** **Part II**) will have a good understanding of the "rocket science" behind financial engineering. But perhaps more importantly, we hope they will also understand the limitations of this theory in practice and why financial models should always be treated with a healthy degree of skepticism.
Reviews 8/10 stars
3 Reviews for Financial Engineering and Risk Management Part I

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Rankings are based on a provider's overall CourseTalk score, which takes into account both average rating and number of ratings. Stars round to the nearest half.

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Dean Wang profile image
Dean Wang profile image
9/10 starsCompleted
  • 6 reviews
  • 5 completed
5 years, 4 months ago
This course is very hard. You need to have financing background to understand. This is very fast pace with rather tough homework. I also did learn a lot on using excel in this class to do some fancier things. Both instructors are excellent.
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leonard mangini profile image
leonard mangini profile image
10/10 starsCompleted
  • 39 reviews
  • 37 completed
5 years, 3 months ago
Superior 2 course sequence that together would be a one semester course in a Mathematical Finance MS program. The weekly spreadsheet based homework models give a great practical view into option pricing, interest rate trees, and valuation. Superior lecturers who are engaging and explain concepts simply
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Student

7/10 starsTaking Now
5 years, 9 months ago
A tough course - for me anyway - but worth the effort. Please note the recommended background since this course requires a basic skill set to keep from banging your head against the wall. That said, the course is well taught and lays a good foundation.
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Rankings are based on a provider's overall CourseTalk score, which takes into account both average rating and number of ratings. Stars round to the nearest half.