Principles of Wealth Management
- Offered byFutureLearn
Principles of Wealth Management at FutureLearn Overview
Duration | 7 weeks |
Total fee | ₹11,044 |
Mode of learning | Online |
Official Website | Go to Website |
Credential | Certificate |
Principles of Wealth Management at FutureLearn Highlights
- Duration 7 weeks
- Weekly study 4 hours
Principles of Wealth Management at FutureLearn Course details
- Relying on a strong theoretical background, this fascinating course educates you in the basic concepts of finance and wealth management - including diversification, risk and return and market efficiency - and how to grow and manage wealth over time.
- You'll cover traditional theories in finance as well as more recent developments in financial markets. Learn about asset classes such as stocks and bonds and about financial instruments such as derivatives. Explore overarching principles of finance such as compound interest, the time value of money, investment risk and modern portfolio theory.
- In addition, you'll get an introduction to the history of finance, the dynamics of market crashes, negative interest rates and the role of central banks within an economy.
- Founded in 1909, the Hanken School of Economics is one of the oldest business and management schools in the Nordic countries and is the recipient of three international awards, which roughly only 1% of all business schools in the world hold: EQUIS, AACSB and AMBA.
- With strong ties to the academic world and private sector, it's a fantastic place to join courses on both finance and wealth management.
- Additionally, the course also offers you the unique opportunity to gain insight from Dr. Bjorn Wahlroos, a one-time professor at Hanken and the Chairman of the Board of Sampo Group and UPM Kymmene.
- Dr. Wahlroos is also a former Chairman of Hanken and of Nordea, the largest bank in Scandinavia, and has written three books on economics and finance
Principles of Wealth Management at FutureLearn Curriculum
Why Do We Need Financial Theory?
Introduction to the course
On the foundations of finance
Asset classes
Financial instruments
Summary of Week 1
Basic Concepts in Finance
Introduction to Week 2
Basic concepts in finance
Time value of money
Compound return
Valuation of stocks and bonds
Summary of Week 2
Risk and Return
Introduction to Week 3
Investing in a world of risk
Diversification
Equity premium puzzle
Summary of Week 3
Market Efficiency
Introduction to Week 4
Market efficiency
Luck versus skill
CAPM, anomalies, and risk factors
Liquidity and FinTech
Summary of Week 4
Wealth Management
Introduction to Week 5
Risk aversion and investment horizon
Portfolio theory
Active versus passive management
Stock picking
Summary of Week 5
Market Crashes and Central Banks
Introduction to Week 6
Market Crashes
Central Banks and their Role in the Financial System
Negative interest rates
Summary of Week 6
Wealth Management - A Practitioner's View
Introduction to week 7
Financial theory and wealth management
General thoughts on investing and wealth management
Market crashes and wealth management
The future of wealth management
Concluding thoughts