This course provides an introduction to finance. In the first part of the course the emphasis is on time value of money (TMV) and its applications, including capital budgeting. The second part of the course will be devoted to the fundamental theories of finance: Modern Portfolio Theory (MPT) and the Capital Asset Pricing Model (CAPM).
Students will be provided with a reader with exercises that will complement the lectures and copies of the lecture slides.
(with HEC Library call numbers)
Finance by Bodie & Merton available in English & French (BOD-5), and
Investments by Bodie, Kane & Marcus available in English (BOD-5-712).
Market Portfolio: FT Global 500