Asset and Portfolio Management (2024 - 2025)

The Asset and Portfolio Management Certificate Program is designed to help current and aspiring financial professionals employ the best practices when putting together an investment portfolio. This program consists of three key courses. Each course delves into different aspects of asset and portfolio management, providing learners with the knowledge and skills necessary to excel in the field.

Prerequisites: To fully benefit from this program, learners should possess intermediate to advanced Excel skills and a solid foundation in mathematics. This includes proficiency in using Excel functions, data analysis tools, financial modeling, and a strong grasp of algebra, calculus, probability, statistics, and financial mathematics.

*Throughout this course, learners will have access to dedicated TA support to help clarify concepts, assist with assignments, and ensure a smooth learning experience.

Course 1: Fundamentals of Portfolio Management

Course Description: The "Fundamentals of Portfolio Management" course introduces the core concepts and techniques essential for effective portfolio management. Learners will explore the principles of asset management, investment analysis, and the application of modern portfolio theory. The course is divided into four detailed modules:

1. Asset Management Overview: Learn about the key principles and attributes of asset management, including the roles of various players and the industry structure.
2. Investment Analysis and Modern Portfolio Theory: Dive into investment analysis techniques, the application of modern portfolio theory, and the benefits of diversification.
3. Equilibrium in the Asset Management Market: Understand the equilibrium concepts within the asset management market and how competitive forces shape investment decisions.
4. Regulation: Gain insights into the regulatory environment affecting asset management, including fiduciary duties, compliance, and transnational regulations.

By the end of this course, learners will have a solid foundation in portfolio management principles, enabling them to make informed investment decisions and manage portfolios effectively.

Course 2: Asset Allocation

Course Description: The "Asset Allocation" course focuses on the strategic and tactical aspects of asset allocation, equipping learners with the knowledge to optimize portfolio performance through diversified investments. This course is structured into four modules:

1. Asset Pricing Models: Explore various asset pricing models, including CAPM and multi-factor models, and their application in investment decisions.
2. Performance Attribution Analysis: Learn techniques for evaluating investment performance, including risk-adjusted return metrics and performance attribution methods.
3. Strategic Asset Allocation: Understand the principles of strategic asset allocation, including diversification strategies and the impact of economic factors on asset allocation decisions.
4. Tactical Asset Allocation: Delve into tactical asset allocation strategies, including market timing, risk management, and the use of derivatives to enhance portfolio returns.

Learners will gain a comprehensive understanding of asset allocation strategies, enabling them to construct and manage diversified portfolios that align with their clients' investment objectives.

Course 3: Investment Products

Course Description: The "Investment Products" course provides an in-depth exploration of various investment products and their role in portfolio management. This course is divided into four modules:

1. Equity Asset Management: Learn about equity investment strategies, stock selection methods, and techniques for managing equity portfolios.
2. Interest Rate Asset Management: Explore fixed-income securities, interest rate risk management, and strategies for bond portfolio construction.
3. Other Products: Gain insights into alternative investment products, including real estate, commodities, private equity, and hedge funds, and their role in portfolio diversification.
4. Using Derivatives for Asset Management: Understand the strategic use of derivatives in portfolio management, including options, futures, swaps, and other derivative instruments.

By the end of this course, learners will have a thorough understanding of various investment products and how to incorporate them into a comprehensive investment strategy to achieve optimal portfolio performance.