Coursera: Asset Pricing, Part 2

 with  John Cochrane
Data Analytics Certificate
Cornell University via eCornell
Data Analytics Certificate
Cornell University via eCornell
Class Central Course Rank
#1 in Subjects > Business > Finance

Are you curious about quantitative academic finance? Have you considered graduate study in finance? Are you working in an investment bank, money-management firm or hedge fund and you want to understand models better? Would you like to know what buzzwords like beta, risk premium, risk-neutral price, arbitrage, equity premium, and discount factor mean? This class is for you. 

We will see how one basic idea, price equals expected discounted payoff, unites everything - models that describe stocks, bonds, options, real investments, discrete time, continuous time, asset pricing, portfolio theory, and so forth. 

This second part follows Asset Pricing, Part I. However, students somewhat familiar with the material in that class will be able to take this class independently.  

We start by seeing classic factor pricing models in action, first by studying the Fama French three factor model and then by studying the question whether portfolio managers have skill or not. We’ll look in depth at the time-series predictability of returns, “bubbles,” and volatility. We will study the equity premium and the link between asset pricing and macroeconomics. We’ll extend the theory to cover options, then bonds, and study the facts about the term structure of interest rates. The course closes with portfolio theory, how should investors structure their investment portfolios. 

The math in real, academic,  finance is not actually that hard. Understanding how to use the equations, and see what they really mean about the world... that's hard, and that's what I hope will be uniquely rewarding about this class.


Week 1: Factor Pricing Models in Action

Week 2: Time Series Predictability, Volatility and Bubbles

Week 3: Macroeconomics and Asset Pricing

Week 4: Option Pricing

Week 5: Term Structure Models and Facts

Week 6: Portfolio Theory
4 Student
Cost Free Online Course (Audit)
Pace Finished
Subject Finance
Provider Coursera
Language English
Certificates Certificate Available
Hours 10-15 hours a week
Calendar 7 weeks long
Sign up for free? Learn how

Disclosure: To support our site, Class Central may be compensated by some course providers.

+ Add to My Courses
FAQ View All
What are MOOCs?
MOOCs stand for Massive Open Online Courses. These are free online courses from universities around the world (eg. Stanford Harvard MIT) offered to anyone with an internet connection.
How do I register?
To register for a course, click on "Go to Class" button on the course page. This will take you to the providers website where you can register for the course.
How do these MOOCs or free online courses work?
MOOCs are designed for an online audience, teaching primarily through short (5-20 min.) pre recorded video lectures, that you watch on weekly schedule when convenient for you.  They also have student discussion forums, homework/assignments, and online quizzes or exams.

Reviews for Coursera's Asset Pricing, Part 2
5.0 Based on 4 reviews

  • 5 stars 100%
  • 4 star 0%
  • 3 star 0%
  • 2 star 0%
  • 1 star 0%

Did you take this course? Share your experience with other students.

Write a review
  • 1
5.0 3 years ago
John Walsh partially completed this course and found the course difficulty to be very hard.
0 person found
this review helpful
Was this review helpful to you? Yes
5.0 a year ago
by Youssef Hjira audited this course.
Was this review helpful to you? Yes
5.0 2 years ago
Anonymous completed this course.
Was this review helpful to you? Yes
5.0 a year ago
by Nima Sharifi completed this course.
Was this review helpful to you? Yes
  • 1

Class Central

Get personalized course recommendations, track subjects and courses with reminders, and more.

Sign up for free