- Fundamentals of Financial Statements
The objective of the course is to help students understand and critically analyze the primary financial statements of a firm. This includes understanding the interrelationships between the three main financial statements and key financial ratios that can be obtained from them. The course also provides a basic understanding of accounting transactions, as well as an understanding of critical accounting concepts. Lastly, the course will provide familiarity with 10-K statements including footnote disclosures.
The focus of this course is on major valuation models and techniques used to determine intrinsic and relative values of business entities and assets. This course emphasizes application of models and techniques to real-world situations.
- Survey of Financial Theory
An advanced, graduate-level course in the theoretical foundations of finance and financial economics. The course begins with the fundamentals of decision making under uncertain conditions and progresses through the major theoretical contributions in the discipline.
- Required Professional Development
Please note: Throughout the summer semester, students work toward the Bloomberg Certification in the Finance Lab.
- Financial Markets and Institutions
An advanced course that surveys the key topics and inter-relationships between financial markets, financial institutions, and market microstructure design. Students apply the theories learned in this course to numerous problems facing today’s financial institutions and markets.
A comprehensive introduction to the markets for options, forwards, futures, swaps, and other related derivative instruments. The course is designed to develop an understanding of how derivatives markets operate, how they’re priced, and how they’re used.
- Applied Corporate Finance
A survey course in corporate finance with applications to investment banking. Students develop an understanding of fundamental concepts and theories in finance and apply them to a wide range of practical business problems, including those related to the financial services industry.
- Portfolio Theory and Applications I
A hands-on class where students manage real-dollar portfolios using various investment approaches. All students participate in live portfolio management while developing their financial analysis skills through a combination of rigorous fundamental research and quantitative techniques. Students have the chance to learn from market practitioners and industry experts.
- Quantitative Finance
The course provides a framework for understanding quantitative asset management, by first overviewing pertinent quantitative equity research then by replicating and backtesting existing research insights to provide hands-on experience for financial model building, valuation, and quantitative performance attribution. The class aims to develop student skills that are best suited for quantitative asset management, valuation and advisory, data analytics, risk management and statistical arbitrage roles, while providing students with insights into the asset management industry landscape which are particularly relevant to quantitative equity researchers.
- Alternative Investments
This course exposes students to the growing market for investments in non-traditional asset classes such as private equity, venture capital, hedge funds, commodities, natural resources, and real estate. The course will examine the risk-return characteristics of alternative investments, their correlation with conventional asset classes, and their use within diversified portfolios.
- Portfolio Theory and Applications II
A continuation of Portfolio Theory and Applications I, a hands-on class where students manage real-dollar portfolios using various investment approaches. All students participate in live portfolio management while developing their financial analysis skills through a combination of rigorous fundamental research and quantitative techniques. Students have the chance to learn from market practitioners and industry experts.
- Fixed Income Markets
This course provides an introduction to fixed income markets and securities. Topics include techniques of valuation, interest rate determination and modeling, interest rate risk management, and bond portfolio management and strategies.