Course Content
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).
Course Materials
Students will be provided with a reader with exercises that will complement the lectures and copies of the lecture slides.
Reference Books
(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).
Class Materials
CHECK THE Syllabus and schedule
Time Value of Money Problem set 1 Quiz 1
Capital Budgeting Problem set 2 Quiz 2
Portfolio Theory Problem set 4 Quiz 3
Efficient frontier (to run this file you need first to install the free-ware Wolfram CDF Player)
Market Portfolio: FT Global 500
Sample Quiz 1 from a past year
Sample Quiz 2 from a past year
Sample Quiz 3 from Prof Schmidt
Sample Quiz 4 from a past year
Additional problems on Portfolio Theory Data for the problem set
A previous year final exam with answers