A derivative security is a financial instrument whose value depends upon the value of another (i.e., underlying) asset. Examples of derivatives include forwards, futures, options, and swaps. The market for derivatives is enormous. As of December 2018, there was $544 trillion in notional principal of over-the-counter derivatives. This course introduces students to the theory of and practical application of derivative securities.
The course gives students a working knowledge of, and experience applying, the basic principles of value-oriented equity investing. Students manage a real-money equity portfolio, making all buy/sell decisions.
The course gives students a working knowledge of, and experience applying, the basic principles of value-oriented equity investing. Students manage a real-money equity portfolio, making all buy/sell decisions.
Students confer individually with the instructor. May be repeated to a maximum of six credits.
Primary emphasis on the implementation of financial theory for the management of the assets of a business firm. Topics include capital budgeting, working capital planning, financing the firm, cost of capital and the financial structure of the firm, and mergers and acquisitions.
An intensive study of current theory and research in a topic in finance as discussed in scholarly journals. Examples of possible topics include: Capital structure, agency theory, market efficiency, contingent claims. May be repeated with a different subtitle for a maximum of 12 credits.
Designed for advanced students who undertake research problems to be conducted in regular consultation with the instructor. May be repeated to a total of 12 credit hours.
Designed for advanced students who undertake research problems to be conducted in regular consultation with the instructor. May be repeated to a total of 12 credit hours.
Designed for advanced students who undertake research problems to be conducted in regular consultation with the instructor. May be repeated to a total of 12 credit hours.
Designed for advanced students who undertake research problems to be conducted in regular consultation with the instructor. May be repeated to a total of 12 credit hours.
