FIN 6501Advanced Finance

Catalog

Graduate students only. A survey of theoretical concepts that are commonly discussed in several key subfields within Finance. For example: 1) the history of money and the evolution from Fixed Exchange Rate systems to Floating Rate systems within the study of International Finance, 2) a presentation of some traditional Investment models in the study of Macroeconomics as a contrast to the notion of Investment within the study of Finance and 3) The Efficient Markets Hypothesis in contrast to the Financial Crisis Theories of Hyman Minsky. There is also a discussion of the application of Time Value analyses for valuing Financial Instruments as well as for decision-making within the process of Capital Budgeting. This is usually followed with a discussion of analytical techniques used in understanding the role of Risk such as Markowitz Analysis and the Capital Asset Pricing Model. Finally, the analysis of the use derivatives such as Options, Futures and Swaps with an exposure to the Black Scholes Option Pricing Model.