Introduction
This course is meant to help students with the transition from the bachelor to the master level. It provides an overview of the basic concepts and tools used in everyday financial decisions.
We start by examining the financial statements which are regularly submitted by firms. This is followed by an introduction to basic financial concepts, such as competitive market prices, the time value of money, risk aversion, value additivity, and the law of one price. We then apply these basic concepts by looking at investment decisions made by firms, and how firms finance themselves through debt and equity securities.