The course introduces quantitative tools and framework of financial decision-making. It examines present-value techniques, pricing of financial instruments, trade-off between risk and return, portfolio theory, capital budgeting, financial ratio analysis, behavior of financial markets, capital structure decisions, corporate cost of capital issues, option theory and risk management. The approach is rigorous and analytical, and the goal is to provide students with conceptual understanding of the ideas of financial theory as well as the quantitative methods necessary to pursue careers involving financial decision-making. Students without a background in financial/business should consider taking the online Introduction to Accounting course prior to enrollment or concurrently. In addition, students should take International Economics I concurrently with this course.

The course introduces quantitative tools and framework of financial decision-making. It examines present-value techniques, pricing of financial instruments, trade-off between risk and return, portfolio theory, capital budgeting, financial ratio analysis, behavior of financial markets, capital structure decisions, corporate cost of capital issues, option theory and risk management. The approach is rigorous and analytical, and the goal is to provide students with conceptual understanding of the ideas of financial theory as well as the quantitative methods necessary to pursue careers involving financial decision-making. Students without a background in financial/business should consider taking the online Introduction to Accounting course prior to enrollment or concurrently. In addition, students should take International Economics I concurrently with this course.