About this Course
This is a two-part course, and part of the MicroMasters® Program in Finance. It provides a rigorous and comprehensive introduction to the fundamentals of modern finance and their applications to business challenges in valuation, investments, and corporate financial decisions under a unified framework. Completing this first course and program will help you prepare for a career as a financial analyst, financial advisor, vice president for finance, chief financial officer, and more. Finance provides a core function in any productive economy by providing a mechanism for savings, investment, and liquidity. Whether the learner is in a industrialized country or a developing country, financial services are essential for smooth functioning of the economy.
What You'll Learn
- Valuation of fixed income securities and common stocks
- Risk analysis, the Arbitrage Pricing Theory (APT), and the Efficient Market Hypothesis
- Introduction to corporate finance and capital budgeting
- Valuation of derivative securities
- Portfolio theory and the Capital Asset Pricing Model (CAPM)
- Real options, capital structure, payout policy, corporate bonds; and
- Interaction between investment and financing decisions
Prerequisites
- Basic Probability and Statistics;
- Calculus
Instructors
Leonid Kogan
Nippon Telegraph & Telephone Professor of Management and a Professor of Finance
Jiang Wang
Mizuho Financial Group Professor and a Professor of Finance, Sloan School of Management
Egor Matveyev
Executive Director of MicroMasters Program in Finance