What Is Programming? And How To Get Started
January 28, 2025
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This course is part of Entrepreneurial Finance: Strategy and Innovation Specialization
Instructor: David Hsieh
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(247 reviews)
(247 reviews)
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This course teaches you how to calculate the return of a portfolio of securities as well as quantify the market risk of that portfolio, an important skill for financial market analysts in banks, hedge funds, insurance companies, and other financial services and investment firms. Using the R programming language with Microsoft Open R and RStudio, you will use the two main tools for calculating the market risk of stock portfolios: Value-at-Risk (VaR) and Expected Shortfall (ES). You will need a beginner-level understanding of R programming to complete the assignments of this course.
This module goes over the use of R and RStudio, retrieving data from different data sources (FRED at the Federal Reserve Bank of St. Louis and Yahoo!Finance), and the calculation of returns.
5 videos2 readings7 assignments
This module covers how to calculate value-at-risk (VaR) and expected shortfall (ES) when returns are normally distributed.
4 videos1 reading8 assignments
This module covers how to test for normality of returns, and how to calculate value-at-risk (VaR) and expected shortfall (ES) when returns are not normally distributed.
4 videos1 reading7 assignments
This module covers how to test for the presence of volatility clustering, and how to calculate value-at-risk (VaR) and expected shortfall (ES) when returns exhibit volatility clustering.
9 videos1 reading6 assignments
We asked all learners to give feedback on our instructors based on the quality of their teaching style.
Duke University has about 13,000 undergraduate and graduate students and a world-class faculty helping to expand the frontiers of knowledge. The university has a strong commitment to applying knowledge in service to society, both near its North Carolina campus and around the world.
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When you complete this course, you may be able to have your learning recognized for credit if you are admitted and enroll in one of the following online degree programs.¹
When you complete this course, you may be able to have your learning recognized for credit if you are admitted and enroll in one of the following online degree programs.¹
S.P. Jain Institute of Management and Research
Degree · 24 - 48 months
¹Successful application and enrollment are required. Eligibility requirements apply. Each institution determines the number of credits recognized by completing this content that may count towards degree requirements, considering any existing credits you may have. Click on a specific course for more information.
247 reviews
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Reviewed on Jan 22, 2023
The material was concise and reinforced what I had learned.
Reviewed on Jul 6, 2020
This course has been very well planned and structured. I enjoyed taking it. Thank you.
Reviewed on Oct 17, 2023
Very useful course that sharpened my understanding of Risk Management. More detailed notes would be more helpful in the future, otherwise this course is amazing.
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