Finance

Catalog description

The course is a survey of topics in finance. It focuses on the mathematics of finance, valuation, the economics of managerial decisions, corporate financial policy, and risk management. It also provides insight into investment management and personal finance issues, such as the analysis of mortgages and various types of loans. Key concepts include the time value of money; the mathematics of various types of annuities, loans, bonds stocks; net present value and internal rate of return; project analysis in relation to corporate decision-making; expected return as a function of risk; the security market line; as well as elements of financial modeling and the application of financial models to real-life problems.