Prerequisites: an introductory course in economics and a firm grasp of high school algebra. Prerequisite or corequisite: an introductory accounting course such as Economics W2261 Introduction to Accounting and Finance. Those without such a background should first take Economics W1105 Principles of Economics plus one of the following: Mathematics W1003 College Algebra - Analytic Geometry or Statistics W1001 Introduction to Statistical Reasoning or Statistics W1111 Introduction to Statistics. Mathematics proficiency must be demonstrated through the Mathematics Placement Examination administered during registration in 508 Lewisohn.

How assets are priced in financial markets, where assets are viewed, most generally, as claims to future income streams. Applications to stocks, bonds, entire companies, etc. Notions of the present value of a cash flow, systematic risk, capital structure, and Miler-Modigliani Theory are emphasized. Consideration of leveraged buyouts, mergers, stock repurchases. Introduction to options and futures. Lectures, problems.

Prerequisites: one accounting course (Economics W2261/W4261 Introduction to Accounting and Finance or the equivalent) and one course in finance (Business W3001 Introductory Finance or the equivalent). Students with substantial and relevant professional experience in financial institutions may be able to meet the demands of this course without a previous finance course.

An exploration of the central concepts of corporate finance for those who already have some basic knowledge of finance and accounting. This case-based course considers project valuation; cost of capital; capital structure; firm valuation; the interplay between financial decisions, strategic consideration, and economic analyses; and the provision and acquisition of funds. These concepts are analyzed in relation to agency problems: market domination, risk profile, and risk resolution; and market efficiency or the lack thereof. The validity of analytic tools is tested on issues such as highly leveraged transactions, hybrid securities, volatility in initial public offerings, mergers and acquisitions, divestitures, acquisition and control premiums, corporate restructurings, sustainable and unsustainable market inefficiencies, etc. Unlike other undergraduate business courses, this course may be counted toward the economics major or concentration by Columbia undergraduates.

An introduction to and overview of major concepts of management and organization theory concentrating on understanding human behavior in organizational contexts, with heavy emphasis on the application of concepts to solve managerial problems. Behavioral issues at the individual, group, and systems levels. Lectures, discussions, case studies, simulations, and small group exercises.

No previous background in marketing is required for the course. Introduction to the basic concepts of marketing. Students develop an understanding of, and the decision-making capabilities for, formulating marketing strategies for the complex situations that characterize real-life marketing problems.

Prerequisites: one accounting course (Economics W2261/W4261 Introduction to Accounting and Finance or the equivalent) and one course in finance (Business W3001 Introductory Finance or the equivalent). Students with substantial and relevant professional experience in financial institutions may be able to meet the demands of this course without a previous finance course.

An exploration of the central concepts of corporate finance for those who already have some basic knowledge of finance and accounting. This case-based course considers project valuation; cost of capital; capital structure; firm valuation; the interplay between financial decisions, strategic consideration, and economic analyses; and the provision and acquisition of funds. These concepts are analyzed in relation to agency problems: market domination, risk profile, and risk resolution; and market efficiency or the lack thereof. The validity of analytic tools is tested on issues such as highly leveraged transactions, hybrid securities, volatility in initial public offerings, mergers an acquisitions, divestitures, acquisition and control premiums, corporate restructurings, sustainable and unsustainable market inefficiencies, etc. Unlike other undergraduate business courses, this course may be counted toward the economics major or concentration by Columbia undergraduates.

The evaluation of derivative securities--securities whose value is fundamentally dependent upon the value of some underlying asset. About 80 percent of the course focuses on options, with the remainder focused on futures and forward contracts. For each of these instruments, the goal is to understand how the instrument is priced in a competitive securities market and how it is used to manage portfolio risk and/or to facilitate the execution of complex corporate transactions. These uses are in part illustrated in the context of three case discussions/presentations.

Prerequisites: At least one accounting course (ECON W2261/W4261 Introduction to Accounting and Finance, or the equivalent) and one course in finance (BUSI W3001 Introductory Finance, or the equivalent). Students with substantial and relevant professional experience in financial institutions may be able to meet the demands of this course without a previous accounting or finance course.

An introduction to the principles of financial accounting, designed to teach students how to read, understand, and interpret the financial statements of a business enterprise. Covers how to evaluate a business� performance, analyze its cash flows, and assess its financial position. The course incorporates an examination of the generally accepted accounting principles (GAAP) underlying financial statements, their implementation in practice, and the role of independent auditors. Also considered are the limitations of financial reports and their evolution in response to changing business conditions, current accounting controversies, as well as the ethical issues and the constraints that limit the freedom, and affect the course of action, of rule makers and regulators.

An introduction to and overview of major concepts of management and organization theory concentrating on understanding human behavior in organizational contexts, with heavy emphasis on the application of concepts to solve managerial problems. Behavioral issues at the individual, group, and systems levels. Lectures, discussions, case studies, simulations, and small group exercises.

No previous background in marketing is required for the course. Introduction to the basic concepts of marketing. Students develop an understanding of, and the decision-making capabilities for, formulating marketing strategies for the complex situations that characterize real-life marketing problems.

Prerequisites: an introductory course in economics and a firm grasp of high school algebra. Prerequisite or corequisite: an introductory accounting course such as Economics W2261 Introduction to Accounting and Finance. Those without such a background should first take Economics W1105 Principles of Economics plus one of the following: Mathematics W1003 College Algebra - Analytic Geometry or Statistics W1001 Introduction to Statistical Reasoning or Statistics W1111 Introduction to Statistics. Mathematics proficiency must be demonstrated through the Mathematics Placement Examination administered during registration in 508 Lewisohn.

How assets are priced in financial markets, where assets are viewed, most generally, as claims to future income streams. Applications to stocks, bonds, entire companies, etc. Notions of the present value of a cash flow, systematic risk, capital structure, and Miler-Modigliani Theory are emphasized. Consideration of leveraged buyouts, mergers, stock repurchases. Introduction to options and futures. Lectures, problems.

Prerequisites: one accounting course (Economics W2261/W4261 Introduction to Accounting and Finance or the equivalent) and one course in finance (Business W3001 Introductory Finance or the equivalent). Students with substantial and relevant professional experience in financial institutions may be able to meet the demands of this course without a previous finance course.

An exploration of the central concepts of corporate finance for those who already have some basic knowledge of finance and accounting. This case-based course considers project valuation; cost of capital; capital structure; firm valuation; the interplay between financial decisions, strategic consideration, and economic analyses; and the provision and acquisition of funds. These concepts are analyzed in relation to agency problems: market domination, risk profile, and risk resolution; and market efficiency or the lack thereof. The validity of analytic tools is tested on issues such as highly leveraged transactions, hybrid securities, volatility in initial public offerings, mergers and acquisitions, divestitures, acquisition and control premiums, corporate restructurings, sustainable and unsustainable market inefficiencies, etc. Unlike other undergraduate business courses, this course may be counted toward the economics major or concentration by Columbia undergraduates.

The evaluation of derivative securities--securities whose value is fundamentally dependent upon the value of some underlying asset. About 80 percent of the course focuses on options, with the remainder focused on futures and forward contracts. For each of these instruments, the goal is to understand how the instrument is priced in a competitive securities market and how it is used to manage portfolio risk and/or to facilitate the execution of complex corporate transactions. These uses are in part illustrated in the context of three case discussions/presentations.

An introduction to and overview of major concepts of management and organization theory concentrating on understanding human behavior in organizational contexts, with heavy emphasis on the application of concepts to solve managerial problems. Behavioral issues at the individual, group, and systems levels. Lectures, discussions, case studies, simulations, and small group exercises.

No previous background in marketing is required for the course. Introduction to the basic concepts of marketing. Students develop an understanding of, and the decision-making capabilities for, formulating marketing strategies for the complex situations that characterize real-life marketing problems.

Prerequisites: one accounting course (Economics W2261/W4261 Introduction to Accounting and Finance or the equivalent) and one course in finance (Business W3001 Introductory Finance or the equivalent). Students with substantial and relevant professional experience in financial institutions may be able to meet the demands of this course without a previous finance course.

An exploration of the central concepts of corporate finance for those who already have some basic knowledge of finance and accounting. This case-based course considers project valuation; cost of capital; capital structure; firm valuation; the interplay between financial decisions, strategic consideration, and economic analyses; and the provision and acquisition of funds. These concepts are analyzed in relation to agency problems: market domination, risk profile, and risk resolution; and market efficiency or the lack thereof. The validity of analytic tools is tested on issues such as highly leveraged transactions, hybrid securities, volatility in initial public offerings, mergers an acquisitions, divestitures, acquisition and control premiums, corporate restructurings, sustainable and unsustainable market inefficiencies, etc. Unlike other undergraduate business courses, this course may be counted toward the economics major or concentration by Columbia undergraduates.

The evaluation of derivative securities--securities whose value is fundamentally dependent upon the value of some underlying asset. About 80 percent of the course focuses on options, with the remainder focused on futures and forward contracts. For each of these instruments, the goal is to understand how the instrument is priced in a competitive securities market and how it is used to manage portfolio risk and/or to facilitate the execution of complex corporate transactions. These uses are in part illustrated in the context of three case discussions/presentations.

Prerequisites: At least one accounting course (ECON W2261/W4261 Introduction to Accounting and Finance, or the equivalent) and one course in finance (BUSI W3001 Introductory Finance, or the equivalent). Students with substantial and relevant professional experience in financial institutions may be able to meet the demands of this course without a previous accounting or finance course.

An introduction to the principles of financial accounting, designed to teach students how to read, understand, and interpret the financial statements of a business enterprise. Covers how to evaluate a business� performance, analyze its cash flows, and assess its financial position. The course incorporates an examination of the generally accepted accounting principles (GAAP) underlying financial statements, their implementation in practice, and the role of independent auditors. Also considered are the limitations of financial reports and their evolution in response to changing business conditions, current accounting controversies, as well as the ethical issues and the constraints that limit the freedom, and affect the course of action, of rule makers and regulators.

An introduction to and overview of major concepts of management and organization theory concentrating on understanding human behavior in organizational contexts, with heavy emphasis on the application of concepts to solve managerial problems. Behavioral issues at the individual, group, and systems levels. Lectures, discussions, case studies, simulations, and small group exercises.

No previous background in marketing is required for the course. Introduction to the basic concepts of marketing. Students develop an understanding of, and the decision-making capabilities for, formulating marketing strategies for the complex situations that characterize real-life marketing problems.