This course explores key theoretical concepts of modern finance. Arbitrage, expected utility, risk aversion, trade-offs between risk and return, behavioral finance, prospect theory, agency relationships, and information asymmetry.
The course shows how value creation is influenced by choice of financing. Capital structure, leverage, dividend policy and tax implications are discussed. Managerial incentives and agency theory is also considered.
The course teaches students how to manage securities potfolios. Concepts of risk, return, diversification and valuation are explored. Performance evaluation and asset allocation are also covered.
The course teaches students how basic derivatives work and may cover some advanced derivatives. Options, forward and future contracts are explored, with a focus on valuation, pricing and hedging risks.
This course explores key theoretical concepts of modern finance. Arbitrage, expected utility, risk aversion, trade-offs between risk and return, behavioral finance, prospect theory, agency relationships, and information asymmetry.
This course introduces the student to the area of finance. It covers the main concepts and the basic techniques of investment and finance. It covers topics such as definition of the firm, definitions of the finance, introduction to the concepts of corporate risk management and return, basics of credit management, leverage and capital structure, capital budgeting under risk, financial analysis, types, and functions of financial markets, the interdependencies between the firm and the financial markets, sources of finance, mergers and acquisitions, leasing.
Students work in teams on a major capstone project in which they put in action the learning they have acquired over four years of study. The graduation project involves hands-on application to a real business challenge.
The course explores the role of commercial banks as financial intermediaries. The course covers economic policy as well as the operations and performance of banks in managing assets, liabilities and capital.