In this course, the development and adoption of modern portfolio theory (MPT) is described including expected return, standard deviation of returns as a measure of risk, the Capital Markets Line, the Capital Asset Pricing Model (CAPM) and Arbitrage Pricing Theory (APT). The tools of MPT are widely used in today’s investment world to evaluate and select portfolio managers, mutual funds, and hedge funds. These tools have created standards for comparing performance and risk across different markets and investment styles. Most importantly, they have helped investors appreciate and implement the benefits of diversification as a risk-management tool.
IMPORTANT: This course, previously titled "Modern Portfolio Theory and Stock Market Valuation Techniques" has been republished in our current course platform. Please be aware that the content is the same, with only minor updates. If you have already received credit for this course, you cannot receive credit again.
After completing this course, participants should be able to:
Basic knowledge of finance principles and practices
Richard A. WhiteRichard A. White, CMA, CFM, CPA, CIA, CFP, CFE, is president of Richard Allan White & Associates, Inc., in Oviedo, Fla., and a member of IMA’s Mid-Florida Chapter. You can contact Richard at (407) 366-6183 or rich@richardawhite.com.
Course Code : 99FINCA03A