Full course descriptionThe course deals with basic issues in finance, such as risk diversification and asset pricing, capital structure, investment valuation, market efficiency, dividend policy and the use of derivatives.
Course objectives- Understand what finance theory says about how risky securities are priced in equilibrium.
- Understand what finance theory has to say about the mix between debt and
PrerequisitesStudents are expected to understand the following finance concepts: Types of securities (stocks, bonds) and their returns; the concept of risk diversification and efficient frontiers, principles of time value of money.
Exchange students need to have taken at least one introductory finance course.
An advanced level of English
Recommended readingBerk & De Marzo, Corporate Finance, Pearson
26 Oct 2020
18 Dec 2020
- P. Jiao
Teaching methods:Assignment(s), PBL
Assessment methods:Final paper, Participation, Written exam