Investment Philosophies
NYU Stern School of Business
Key Information
Campus location
New York, USA
Languages
English
Study format
Distance Learning
Duration
15 weeks
Pace
Full time
Tuition fees
USD 2,200 / per course
Application deadline
Request info
Earliest start date
Request info
Introduction
Consistently winning at investing is not only difficult to do, but does not follow a standard script. In other words, investment winners range the spectrum, from chartists to value investors to market timers, and imitation seems to provide no payoffs. So, what is it that separates these winners from the losers? Is it just luck? Is it skill? Is it personality? Professor Aswath Damodaran believes it is all three working together. The combination of all three takes the form of a consistent investment philosophy built not just on fundamental beliefs about how markets work (or fail to work), but one that fits an individual’s personal strengths and weaknesses.
In this course, students will look at a range of investment philosophies with the intent of finding not only the core beliefs that animate them, but also the ingredients needed to make them work. Students will look at the historical evidence in support of or working against each philosophy and what they need to bring to the table to succeed with that philosophy. In the process, Professor Aswath Damodaran hopes that students will find an investment philosophy that best fits them, given their individual strengths and weaknesses.
Ideal Students
Who Should Attend
Although there are no formal education or background requirements, this course is designed for participants who meet the criteria below. While we strongly encourage global participation, please note that all courses are taught in English. Proficiency in written and spoken English is required.
Years of Experience
Participants with all levels of work experience are welcome to attend
Job Functions
Ideal for professional & personal investors, money managers, mutual fund managers, & PE investors
Prerequisites
Intended for individuals with some experience in professional or personal investing; additionally, students must have a desktop or laptop computer with an internet connection
Admissions
Curriculum
Online Learning Experience
In-House Quality
NYU’s Learning Experience Design group is a team of educational designers, multimedia specialists, and technologists within NYU's Teaching and Learning with Technology (TLT) organization. TLT collaborates with schools, departments, and instructors to create meaningful, technology-enhanced learning experiences, with an emphasis on connecting the professor with his or her remote learners and fostering a global community of professionals within each course.
Online Learning Terminology
Asynchronous activities are things you do independently, like watch videos and complete assignments, and interactions with others over time via email, discussion forums, collaborative documents, and other channels. The term "synchronous" refers to learning with others in real time using videoconferencing and other technologies. Our online certificate courses are asynchronous with optional synchronous elements.
The term "asynchronous" refers to courses or course elements that can be completed at any time within the parameters of the course schedule.
Software/Technical Requirements
- An open mind and a willingness to work on your weak side
- Desktop or laptop computer
- A webcam and headset (preferred) or microphone for online meetups
- Broadband/high-speed Internet (1.5 Mbps minimum/3 Mbps preferred) to ensure your ability to participate fully in online meetups
- Operating System: Mac OS 10.14 or Windows 10 or later
- Browser: Safari 12.0.2, Chrome 72.0.3626, Firefox 65.0.1, or Internet Explorer 11 or later
- This program does not support mobile devices, including tablets and iPads.
Certificate and Credits
This course is a non-credit, pass/fail program. To pass this course, you will need a cumulative score of at least 55%. Upon successful completion of this course, participants will receive the NYU Stern Certificate in Investment Philosophies.
Program Takeaways
During this course, participants will:
No One Path
There is no one path to investment success that works for every investor, but there is one path that is right for you & you have to find it yourself.
Entitled to Opinions, but not Facts
We are all entitled to our own opinions about what works in investing & what does not, but we are not entitled to our own facts; the data is the tie-breaker.
Things Change, Let Go
The world is dynamic & constantly changing; what worked in the 20th century may no longer work now.
Introduction
Course Access
In order to access the course, you will receive login credentials via email on the start date of the course. Activation instructions for your login credentials will be provided.
Required Books
No Materials
Live Online Meetups with Faculty
Our live online meetups provide you with the opportunity to engage face-to-face with Professor Damodaran. Please note that all online meetups are recorded and available for your viewing at a later time. Missing a meetup will not impact your grade, however we recommend attending all sessions.
Workload
Please expect to invest about 8 to 10 hours of your time per week to course lessons, exercises, and assignments.
Program Outcome
Program Takeaways
During this course, participants will:
- Learn different paths to investment success and understand how to find the best path for yourself
- Understand the place both personopinions and facts iave in investment strategies
- Interpret how the dynamic and chancing world impacts long-term investments