Financial Institutions

Catalog description

This course provides students with an overview of the basic contributions in the modern theory of corporate finance and financial institutions. The course utilizes a methodology approach, requiring students to master the necessary technical tools for each topic. Topics covered in the course may include capital structure, distribution policy, financial intermediation, incomplete financial contracting, initial and seasoned public offerings, market for corporate control, and product market corporate finance interactions. Other topics offered in this course are corporate reorganization and bankruptcy, financing in imperfect markets, and security design under adverse selection and moral hazards. Students will also conduct an in-depth analysis of the financial system in which banks, other intermediaries, and non-financial organizations function. Spanish language learners may complete this course in Spanish.