Case studies are prepared individually and in small discussion groups. Readings from the finest in relevant research and applied thought in the field are included in the course material. At the end of this exciting and comprehensive work, an examination of the material covered completes the course. IMCA assures each individual a week of educational challenge and professional opportunity. The course is offered several times a year.
Class size is limited.
Further exploration of diversification and correlation, along with systematic and diversifiable risk, single and multiple index models, and equilibrium models. Risk Management Explores the objective and subjective measures of risk, and the importance of establishing performance goals that consider risk, as well as return. Also reviews the quantitative measures of standard deviation, beta, covariance and correlation as measures of volatility and risk, along with newer concepts such as downside risk. In addition, it offers a thorough review of the beta coefficient as a measure of risk and discusses estimation of the beta of various funds, securities, and the market. Duration and Convexity Covers all aspects of measuring and evaluation of fixed income securities, as well as their application to portfolios.