UPDATE: Due to the global COVID-19 pandemic we will no longer be offering this course in summer 2020. Please check our latest news on this situation here.
You can still register your interest in this course for 2021 using the ‘Sign up’ button to the right.
This course explores the world of alternative investments, from hedge funds and private equity, to venture capital funds, real estate and commodities.
In an era of significant institutional and individual market turmoil, investors look beyond traditional investment vehicles such as bonds and shares. A substantial increase in the price of gold over the last five years is just one example of a successful alternative investment at work.
The course will combine theory with empirical exercises, allowing you to gain practical experience. You will learn to identify what the return-risk characteristics of alternative investments are, what drives their appeal, how to understand related technical publications, and how to construct a portfolio using them.
As part of class work, you will be encouraged to get hands-on with data in Microsoft Excel. Data work will include measuring the risks of investment portfolios, calculating the alphas of hedge fund strategies, evaluating a leveraged buyout deal, evaluating a venture capital deal and pricing a mortgage backed security.
The course will help you develop practical approaches using industry examples that will prepare you roles in finance, such as in hedge funds, venture capital, private equity or trading, or further study.
Dates: 22 June – 10 July 2020
Lecturers: Dr Hongda Zhong and Dr Dong Lou
Dates: 3 August – 21 August 2020
Lecturers: Dr Hongda Zhong
(Due to popularity, this course is repeated and can be taken in either of the sessions outlined above.)