Finance

9 units · Undergraduate

Fall and Spring: 9 units This course is the introductory finance course in the undergraduate business program. The main topics covered in the course are financial markets, net present value, discounted cash flow, portfolio theory, the cost of capital, the capital asset pricing model, the efficient markets hypothesis, corporate capital structure, and business valuation. Upon completing the course a student will be able to consider a large and complex business problem, make some assumptions, structure the firms' cash flows in a spreadsheet, calculate the value of different solutions to the problem, and make an investment decision. Prerequisites: (73-100 or 73-104 or 73-102 ) and (36-207 or 36-218 or 36-217 or 70-207 or 36-201 or 36-225 or 36-200 or 36-235 or 36-220 )