M1 Core Courses
This course is an introduction to financial economics and the financial decision-making process, essential for understanding various financial contracts, such as stocks, bonds, and derivatives contracts.
This course, together with the "Financial Markets" course that follows, provides the foundation of knowledge needed for future finance courses.
The first part of the course emphasizes time value of money and its applications, including capital budgeting.
The second part of the course is devoted to portfolio theory and the Capital Asset Pricing Model, which are fundamental to understanding investor decision-making and the pricing of financial securities.
- Time Value of Money and its applications
- Risk and Return, and portfolio theory
- The Capital Asset Pricing Model