IM3131

A broad introduction to finance covering various aspects of financial institutions and markets, personal finance, corporate finance and financial risk management. Students are introduced to the workings of equity, debt and derivative instruments and markets, taught the basics about asset acquisition, tax planning and investment principles. On the corporate finance side, capital budgeting, debt vs. equity financing and working capital management are discussed. Throughout, the course emphasizes important financial principles such as time value of money, diversification, arbitrage and leverage. The course also places heavy emphasis on the use of spreadsheets to perform various numerical calculations. Note: Credit will not be given for both IM-3131 and IM-3133.

Standard

Fall and Spring