The path-breaking advances in finance theory and pratice over the past several decades have profoundly changed the financial world. These changes are further accelerated by the extensive globalization of financial markets and the rapid development in financial technologies in recent years. This course provides an introduction to modern finance theory and its applications within a unified framework. The topics of the course include: (1) unifying principles of finance; (2) financial markets and valuation of assets; (3) theory of interest rates; (4) ortfolio theory; (5) asset pricing models; (6) introduction to corporate finance.

This course is targeted toward graduate students who are interested in finance and financial technologies. It covers similar topics as in 15.401, but more rigorously and in more depth. It also covers some basic topics in 15.402 on corporate finance. The course requires no prior course work in economics and finance.

Instructors

Professor Jiang Wang
Office: E52-456
Tel: 617-253-2632
Email: wangj@mit.edu
Office Hour: Mon 16:00 - 17:30, and by appointment

Course Assistants

Megan Gately
Office: E52-450
Tel: 617-253-9745
Email: mgately@mit.edu

Teaching Assistants

Kevin Chu
Email: kychu@mit.edu
Office Hour: TBA