Foundations of Finance

(3 Credits)

This course provides an overview of the main ideas, concepts and tools of analysis used in modern finance, and their practical applications. We analyze the core financial decisions made by firms and investors and their impact on the value of firms in financial markets. Topics that will be covered are: time value of money, introduction to valuation and the discounted cash flow (DCF) framework, financial planning and forecasting, corporate investments and capital budgeting, risk and return and portfolio theory, market efficiency, introduction to options, capital structure and financial policy, and corporate restructurings.