2458 Steinberg-Dietrich Hall
3620 Locust Walk
Philadelphia, PA 19104
Links: CV, Personal Website
This course provides an introduction to the theory, the methods, and the concerns of corporate finance. The concepts developed in FNCE 1000 form the foundation for all elective finance courses. The main topics include: 1) the time value of money and capital budgeting techniques; 2) uncertainty and the trade-off between risk and return; 3) security market efficiency; 4) optimal capital structure, and 5) dividend policy decisions. ACCT 1010 + STAT 1010 may be taken concurrently.
Integrates the work of the various courses and familiarizes the student with the tools and techniques of research.
This course covers general equilibrium and rational expectations, foundations of the theory of information; learning from prices in rational expectations equilibrium models, moral hazard, adverse selection, and signaling bidding theories.
Wharton finance professor Chaojun Wang, whose research looks at financial market organization, explains the conditions that lead to too-big-to-fail banks.…Read More
Knowledge at Wharton - 6/25/2018