The Wisdom of Finance: Discovering Humanity in the World of Risk and Return

Course Details

Accredited SAQ CWMA recertification training amounting to 1 hour of study.

Topic: Financial Markets



Mihir A. Desai, Mizuho Financial Group Professor of Finance at Harvard Business School, discusses demystifying finance to allow outsiders to appreciate its logic and heart in the hopes that they stop demonizing it. He shares his thoughts on rehabilitating finance so that the industry self-regulates and corrects the misbehavior of the past. One way to accomplish this, Professor Desai believes, is through the use of humanities to humanize finance. 


Learning Outcomes

- Discovering humanity in the world of risk and return.
- Using stories to make finance accessible.
- Narratives related to randomness and risk, risk management, value creation and valuation, corporate governance, mergers, leverage and bankruptcy.



This online video can be accessed at any time, up to the calendar year end if purchased in the first half of the year; or up the subsequent calendar year end if purchased in the second half of the year. 

In order to purchase this course CFA Society Switzerland members and guests must set up and login with a CFA Institute Id#.



CHF 100 for non-members.

CHF 60 for members of CFA Society Switzerland.






Prof. Mihir Desai

Prof. Mihir Desai

Mihir A. Desai is the Mizuho Financial Group Professor of Finance at Harvard Business School and professor of law at Harvard Law School. He has taught public economics and entrepreneurship to undergraduates, finance and international finance to MBA students and executives, and tax law and policy to law students. Professor Desai’s work has emphasized the appropriate design of tax policy in a globalized setting, the links between corporate governance and taxation, and the internal capital markets of multinational firms. He is a research associate in the National Bureau of Economic Research’s Public Economics and Corporate Finance Programs and served as the co-director of NBER’s India Program. Professor Desai has worked at CS First Boston and McKinsey & Co. and advised a number of firms and governmental organizations. His most recent book is "The Wisdom of Finance: Discovering Humanity in the World of Risk and Return." Professor Desai was a Fulbright Scholar to India, and he received a bachelor’s degree in history and economics from Brown University, an MBA as a Baker Scholar from Harvard Business School, and a PhD in political economy from Harvard University.