PROGRAM 1: MAY 13TH-21ST, 2018

Tuition: $1662 (€1387)

Registration deadline: see "tuition & registration" page

CREDITS: The courses of this program are offered mainly to adult learners and hence do not involve grade-determining work or issuing credits. However, students who wish to earn credits and transfer them to their school can proceed in one of two ways: 1) Register for a single course which will justify the issuing of half the credits earned by standard courses in US institutions, that is, 1.5 credits (or the equivalent in ECTS/European credits). 2) Register for two courses and either get half (1.5 US) credits for each one; or we can issue 3 US credits (4.5 ECTS) if the two courses are on related subjects (e.g., Finance or Politics) by treating them as a composite course. The second option has the benefit of getting a 10% discount on both courses (see Tuition & Registration page). In both options the student will have to produce grade-determining work, to be specified by the professor, within a month following the completion of the course. Please contact us if you need further clarifications on this issue (


Our May program is designed for those who wish to pursue some intellectual stimulation without subjecting themselves to the rigor of college coursework. As such it takes more the form of seminars and caters mainly to adult learners. Registered students will arrive in Kavala (Lucy hotel) on Sunday, May 13th. Lectures will start the next day and they will run through Friday, May 18th, each lecture lasting for 2 to 2 1/2 hours a day. During that week we will have the chance to take a ride along Kavala's coastline with sailboats. Friday afternoon we will depart for the island of Thassos where we will be staying at the gorgeous Alexandra Beach hotel (see Excursions page for a more detailed description of the itinerary in Thassos).  We will stay in Thassos until Sunday evening coming then back to Kavala and spending the last night once again at Lucy hotel prior to departing for the airport the next day.

This program has a relatively short duration in order to give the chance to those who wish to combine our program with excursions to other parts of Greece such as Athens, Crete, Mykonos or Santorini. May is an ideal month to visit the country since the temperatures are very pleasant, getting up to 25C (77F), and the number of tourists has not reached a peak level yet. 




This class provides an overview of the investment management industry, the approaches it uses as well as the analytical tools required to analyze investment strategies. The covered material will allow students an opportunity to develop an investment strategy by covering a wide variety of approaches with a particular emphasis on the tradeoff between risk and return. A deep understanding of principles may form a foundation to developing your own investing style.The art of investing requires that you develop a philosophy that will guide you and your clients to the actions you will take. This course will focus on practice – understanding and critiquing several investment styles. At a minimum you ought to be able to answer the following questions: 1. There are thousands of securities available for investment; how do you narrow the choice to an investable portfolio? 2. How do you get sufficient confidence in your analysis to back your analysis with your or your clients’ money?  When you buy/sell a stock or mutual fund or derivative, someone else is on the other side -- why do you think they are wrong and you are right? There is no one unique framework for answering these questions. Each framework will correspond to a particular investment philosophy. At the close of this course, you will be able to articulate and apply your own approach to investing, be that as an individual investor managing your own portfolio, working in the fund industry or at an endowment or pension fund, as an investment adviser, or as a hedge fund manager.

instructor: vikram kuriyan, GWA AND indian school

of business

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Dr. Kuriyan is Chairman of GWA, a pioneer in Smart Beta strategies. He is also a faculty member at the Indian School of Business, one of the top business schools in Asia. Previously, he was Chairman of the Global Asset Allocation Committee and global head of Quantitative Strategies at Bank of America’s asset management division. His unit managed over $30 billion of client assets, that ranged from retail to the most sophisticated institutional investors, across a multiplicity of strategies including equity, asset allocation and absolute return products. Earlier, Dr. Kuriyan served as managing director of an arbitrage and principal investing fund in Tokyo and as the global head of complex derivatives in the commodities group at Merrill Lynch. Dr. Kuriyan earned his Ph.D. at Harvard University where he specialized in capital markets in a joint program offered by the Departments of Economics, Engineering Sciences and the Harvard Business School. He also spent a year in the M.B.A program at the Harvard Business School and received a Masters degree in Engineering Science from Harvard University. He has a B.S. in Electrical Engineering from the Massachusetts Institute of Technology, where he was elected to Tau Beta Pi and Eta Kappa Nu. He is a Trustee of the CFA Institute Research Foundation. He advised the Securities and Exchange Board of India (SEBI) and some of the worlds’ largest sovereign wealth and pension funds. He is an independent director of TVS Capital Funds and ImperativeX.


What is happiness? Why are some people happier than others? Should we deliberately intervene to try to foster happiness at an individual and/or societal level – and if so, how? Could the deliberate pursuit of happiness backfire, leaving us less satisfied rather than more satisfied with our lives? Positive psychology, the scientific study of human flourishing, offers helpful insights into perennial questions about the human condition. This field of research encompasses the study of positive experiences, positive individual traits, and the institutions and practices that facilitate their development. Positive psychology is based on the premise that a complete understanding of human psychology must attend to people’s strengths as much as their weaknesses; people’s virtues as much as their vices; and people’s highest highs as much as their lowest lows in life.  This 5-day course weaves together theory, scientific research, and experiential learning activities to give participants a deeper understanding of foundational concepts in the field of positive psychology: positive emotional experiences (such as excitement and inspiration), flow, satisfying relationships, love, grit, achievement, and meaning in life. Participants will leave this course with a greater appreciation of how the scientific method can advance understanding of, and improvement of, the human condition. 




Ann Marie Roepke is a Senior Fellow at the University of Washington, a position she started after being a postdoctoral fellow in the Veterans Administration Puget Sound Health Care System (Seattle Division) where she conducted research and provided clinical care focused on integrating positive psychology interventions into clinical practice.  Dr. Roepke’s expertise is in the areas of positive psychology, well-being, resilience, trauma, and post-traumatic growth.  Her applied research focuses on developing innovative and evidence-based methods to help people not only survive, but thrive, in challenging circumstances.  She earned her doctorate in clinical psychology at the University of Pennsylvania’s Positive Psychology Center with the mentorship of Martin Seligman, a founder of the field of positive psychology, and Angela Duckworth, a leading expert in grit.  Dr. Roepke has designed and tested multiple interventions that use positive psychology concepts and strategies to help people overcome adversity and build meaningful lives. She has presented her research at international conferences in positive and clinical psychology and published in peer-reviewed journals including Journal of Positive Psychology and Journal of Consulting and Clinical Psychology.  Dr. Roepke has provided talks, workshops, and consultation about positive psychology to diverse audiences including educators, clinicians, undergraduate and non-traditional students, non-profit workers, and business executives. 



Google, Facebook, Amazon are names which epitomize the tail end of the industrial revolution. Not so long ago, these firms were start-ups. They required venture capital financing. This topic is, generally speaking, not very well understood given that both theoretical and practical considerations factor in. The objective of the course is to provide participants with a ‘real-life’ experience of strategic planning and financing for a new venture. We will answer questions that frequently puzzle aspiring entrepreneurs. How should I present my firm to venture capitalists? What are their expectations? How should I negotiate the valuation? How will the financiers react to a major event in the company’s life such as the loss of a key client or delayed development? What is the financing cycle? Should I engage the firm in an IPO? The course is supported by How to finance your Venture, a Coursera MOOC. It will quickly morph into a serious game, as a way to develop financial skills and business experience, both for private equity investors and founders of new ventures. The game utilizes real life firms and events. Participants will have the benefit of hindsight and will end up appreciating the consequences of their decisions. No particular prior financial knowledge is required for enrolment.



Philippe Tibi is a professor of finance and strategy at Ecole Polytechnique, Paris. He is also a visiting professor to Chinese universities, UIBE Beijing and Jiaotong ParisTech Shanghai. He is the CEO of Pergamon Campus (executive education) and a director of Xerys Gestion (venture capital), SevenHugs and Powidian. All these activities share certain common elements: a passion for technology disruption, financial markets, and an intense interest on the Chinese economy. He previously spent 25 years in the banking and capital markets sectors, lately as CEO of UBS investment bank in France and Country Head for the group. He is also honorary chairman of Amafi, a French industry group for investment banks. Together with Michel Fleuriet, Philippe Tibi is the co-author of the MOOC used to support his course, How to finance your venture? He is also the co-author, with Francis Kramarz (preface by Emmanuel Macron) of Plus de marché pour plus d’Etat! The book has been awarded the “prix Turgot 2017 du livre d’économie financière.”




Michel Fleuriet is currently a member of the board of the French private equity fund Xerys. He was the Harry W. Reynolds International Adjunct Professor of Finance, Wharton School of Finance at the University of Pennsylvania as well as a professor at HEC. He founded the university of Paris-Dauphine’s master’s program in investment banking. Prior to his career in academia, Fleuriet served as chairman of HSBC France, chairman and head of investment banking at Merrill Lynch France, and CEO of Chase Manhattan France. 

A video of an interview on Xerfi Channel (in French) in which Philippe Tibi talks about his award winning book Plus de marché pour plus d’Etat! (co-authored with Francis Kramarz) and explains why venture capital is so important to sustain growth in Europe.


This course will consider Cavafy’s entire canon (comprised of 154 poems). Both those familiar with his poetry as well as those who will be reading him for the first time will be afforded an immersion into Cavafy’s distinctive world: his life, his craft, and his inimitable voice. It’s a voice whose depth and range register the fortunes and narratives of the entire Greek experience down the centuries. Instead of writing about Modern Greek history or even about the classical golden age of 5th century Athens, Cavafy risked offending (and did offend) contemporary Greek audiences by discovering his material in the peripheral and often unimportant periods of the Hellenistic Empires, of late antiquity, and of Byzantium; he also wrote candidly about homoerotic desire, which also outraged contemporary readers; and he violated poetic form by writing in free verse and inventing startling, modernist metrical arrangements. Special attention will be paid to his Hellenistic sources, his use of the modernist “mythical method,” and to the question of whether his craft can be transferred over to another language like English, which is syntactically so different from Greek. W.H. Auden famously wrote in a 1961 essay that his poetry, one of the most translated in modern times, carries “a tone of voice, a personal speech immediately recognizable as a poem by Cavafy; nobody else could possibly have written it.” The course will be taught based on original translations by the instructor but also others found online at The Official Website of the Cavafy Archive.



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Tryphonopoulos is the Dean, Faculty of Arts & Faculty of Graduate Studies and a Professor, Dept. of English & Creative Writing, Brandon University, Manitoba, Canada. For the past thirty years, he has taught and researched in Anglo-American modernism with a focus on difficult modernist texts (especially long poems), often approaching them through the lenses of poetics, translation theory and practice, prosody and rhetoric, and editorial theory and textual criticism. His essays on Ezra Pound and other Anglo-American modernist poets have appeared in North American and European journals. He is the author, editor, co-editor, or translator of fifteen volumes, including The Celestial Tradition: A Study of Ezra Pound's "The Cantos"  (1992) and an annotated scholarly edition of H.D.’s Majic Ring (2009). His current projects include Approaches to Teaching Ezra Pound’s Poetry and Prose; a book on Constantine Cavafy’s language(s); a bilingual edition of Andreas Empeirikos’ surrealist collection Υψικάμινος (Blast Furnace); and Approaches to Teaching Constantine Cavafy’s Poetry.