Investment Strategies (Online)

• Identify the major asset classes (government bonds, stocks, etc.)

• Identify meaningful financial data using specific online resources, and be able to use that data to calculate informative economic indicators

• Analyze a long history of stock markets around the world, and draw conclusions from the historical data

• Calculate and graphically show the log return of a security over time

• Use readily available financial data to identify and calculate global historical stock and bond returns

• Measure standard deviation in multiple financial scenarios

• Define a drawdown

• Calculate the Sharpe ratio

• Identify a Sharpe ratio and discuss its impact in the asset management industry

• Interpret a correlation matrix and calculate its values

• Identify values for each piece of the Capital Asset Pricing Model equation and then, using available financial data, solve the equation using these values

• Calculate the price of the stock market using the dividend discount model

• Use the dividend discount model to calculate the price of individual stocks

• Discuss what it means for a market to be efficient

• Discuss the attractiveness of a stock in terms of an investment considering Discount rates and Growth rate of future dividends

• Calculate the dividend yield and discuss its impact on whether a stock is “cheap” or “expensive”

• Identify low and high price-earnings (P/E) ratio stocks and discuss their impact on whether or not the stock should be considered cheap or expensive

• Articulate the principles of Shiller’s CAPE and discuss if there is a relationship to three-month T-bill rates

• Calculate the implied CAPE ratio at different levels of interest rates

• Analyze the CAPE ratio today as a way to estimate future stock returns

• Compare and contrast the CAPE model and the Fed model’s predictive power to see which one seems to give you cleaner predictions

• Discuss the pros and cons of the CAPE model and the Fed model

• Identify a characteristic of a stock’s expected return that cannot be captured by the stock’s beta

• Articulate the current relevance of the size effect and your beliefs about whether or not it is still a useful tool in evaluating stock returns

• Identify value and growth stocks, and be able to articulate the current relevance of the value effect and your beliefs about whether or not it is still a useful tool in evaluating stock returns

• Identify past winning and losing momentum stocks and discuss their future prospects by looking at current market conditions

• Articulate the profitability model and identify and discuss the prospects of profitable and non-profitable stocks

• Discuss your thesis on what makes a good stock selection, making sure to build in the discipline of paying attention to historical stock regularities

• Discuss and show on a graph the ability to adjust the risk and achievable return of two securities and articulate which investment points on the graph would lead to a strong or weak portfolio

• Articulate the opportunity to balance the risk and reward of a combination of assets using the correlation between said assets

• Discuss diversification across a portfolio of more than two stocks

• Articulate at what point you can consider your portfolio diversified

How much time is required each week?

Each program includes an estimated learner effort per week. This is referenced at the top of the program landing page under the Duration section, as well as in the program brochure, which you can obtain by submitting the short form at the top of this web page.

How will my time be spent?

We have designed this program to fit into your current working life as efficiently as possible. Time will be spent among a variety of activities including:

• Engaging with recorded video lectures from faculty

• Attending webinars and office hours, as per the specific program schedule

• Reading or engaging with examples of core topics

• Completing knowledge checks/quizzes and required activities

• Engaging in moderated discussion groups with your peers

• Completing your final project, if required

The program is designed to be highly interactive while also allowing time for self-reflection and to demonstrate an understanding of the core topics through various active learning exercises. Please email us if you need further clarification on program activities.

What is it like to learn online with the learning collaborator, Emeritus?

More than 300,000 learners across 200 countries have chosen to advance their skills with Emeritus and its educational learning partners. In fact, 90 percent of the respondents of a recent survey across all our programs said that their learning outcomes were met or exceeded.

All the contents of the course would be made available to students at the commencement of the course. However, to ensure the program delivers the desired learning outcomes the students may appoint Emeritus to manage the delivery of the program in a cohort-based manner the cost of which is already included in the overall course fee of the course.

A dedicated program support team is available 24/5 (Monday to Friday) to answer questions about the learning platform, technical issues, or anything else that may affect your learning experience.

How do I interact with other program participants?

Peer learning adds substantially to the overall learning experience and is an important part of the program. You can connect and communicate with other participants through our learning platform.

What are the requirements to earn the certificate?

Each program includes an estimated learner effort per week, so you can gauge what will be required before you enroll. This is referenced at the top of the program landing page under the Duration section, as well as in the program brochure, which you can obtain by submitting the short form at the top of this web page. All programs are designed to fit into your working life.

This program is scored as a pass or no-pass; participants must complete the required activities to pass and obtain the certificate of completion. Some programs include a final project submission or other assignments to obtain passing status. This information will be noted in the program brochure. Please email us if you need further clarification on any specific program requirements.

What type of certificate will I receive?

Upon successful completion of the program, you will receive a smart digital certificate. The smart digital certificate can be shared with friends, family, schools, or potential employers. You can use it on your cover letter, resume, and/or display it on your LinkedIn profile. The digital certificate will be sent approximately two weeks after the program, once grading is complete.

Can I get the hard copy of the certificate?

No, only verified digital certificates will be issued upon successful completion. This allows you to share your credentials on social platforms such as LinkedIn, Facebook, and Twitter.

Do I receive alumni status after completing this program?

No, there is no alumni status granted for this program. In some cases, there are credits that count toward a higher level of certification. This information will be clearly noted in the program brochure.

How long will I have access to the learning materials?

You will have access to the online learning platform and all the videos and program materials for 12 months following the program start date. Access to the learning platform is restricted to registered participants per the terms of agreement.

What equipment or technical requirements are there for this program?

Participants will need the latest version of their preferred browser to access the learning platform. In addition, Microsoft Office and a PDF viewer are required to access documents, spreadsheets, presentations, PDF files, and transcripts.

Do I need to be online to access the program content?

Yes, the learning platform is accessed via the internet, and video content is not available for download. However, you can download files of video transcripts, assignment templates, readings, etc. For maximum flexibility, you can access program content from a desktop, laptop, tablet, or mobile device.

Video lectures must be streamed via the internet, and any livestream webinars and office hours will require an internet connection. However, these sessions are always recorded, so you may view them later.

Can I still register if the registration deadline has passed?

Yes, you can register up until seven days past the published start date of the program without missing any of the core program material or learnings.

What is the program fee, and what forms of payment do you accept?

The program fee is noted at the top of this program web page and usually referenced in the program brochure as well.

• Flexible payment options are available (see details below as well as at the top of this program web page next to PROGRAM FEE.

• Tuition assistance is available for participants who qualify. Please email learner.success@emeritus.org.

What if I don’t have a credit card? Is there another method of payment accepted?

Yes, you can do the bank remittance in the program currency via wire transfer or debit card. Please contact your program advisor, or email us for details.

I was not able to use the discount code provided. Can you help?

Yes! Please email us with the details of the program you are interested in, and we will assist you.

How can I obtain an invoice for payment?

Please email us your invoicing requirements and the specific program you’re interested in enrolling in.

Is there an option to make flexible payments for this program?

Yes, the flexible payment option allows a participant to pay the program fee in installments. This option is made available on the payment page and should be selected before submitting the payment.

How can I obtain a W9 form?

Please connect with us via email for assistance.

Who will be collecting the payment for the program?

Emeritus collects all program payments, provides learner enrollment and program support, and manages learning platform services.

Are there any restrictions on the types of funding that can be used to pay for the program?

Program fees for Emeritus programs with Columbia Business School Executive Education may not be paid for with Title IV financial aid funds. Participants may be able to pay the program fee with funds from the GI Bill, the Post-9/11 Educational Assistance Act of 2008, or similar types of military education funding benefits. Participants must contact the Columbia University’s Office of Military and Veterans Affairs to determine benefit eligibility.

What is the program refund and deferral policy?

For the program refund and deferral policy, please click the link here.

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