Accounting and Finance

The course examines and emphasizes the basic principles of financial accounting and finance (from the financial manager's perspective) and is sufficiently general to be of interest to all graduate students. We will begin by introducing how financial information is communicated and furthermore used to forecast the financial performance of a firm. Next, we discuss how financial markets and institutions function and are organized with a global perspective. We then present the framework for asset valuation. Finally, we study the capital structure of the firm and how managers can optimize the value of a firm conditional on the choice of financing.