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Corporate Finance (304-0-20)

Instructors

Torben Andersen
Office Hours: Please email to schedule an appointment.
<p>Professor Andersen has published widely in asset pricing, empirical finance, and empirical market microstructure. His work centers on the modeling of volatility fluctuations in financial returns with applications to asset and derivatives pricing, portfolio selection, and the term structure of interest rates. His current work explores the use of large sets of high-frequency data for volatility forecasting, portfolio choice and risk management. He has received grants from the National Science Foundation, the Sloan Foundation, and the Institute for Quantitative Research in Finance (the Q-Group). He served as the editor-in-chief for the Journal of Business and Economic Statistics in 2004-2006, Co-Editor for the Journal of Financial Econometrics, 2009-2014, and has served on the editorial board of leading journals, including the Journal of Finance, Review of Financial Studies, Econometric Theory, and Management Science.</p>

Meeting Info

Frances Searle Building 2407: Mon, Wed 2:00PM - 3:20PM

Overview of class

*INFORMATION IS SUBJECT TO CHANGE*

The instructor of this course is Torben Andersen.

Corporate Finance with Professor Andersen covers managers' and investors' most fundamental finance decision: how to value a project or an asset. Managers must determine the value of building a factory, entering a new market, or purchasing an entire firm, when deciding in which projects to invest. Similarly, individuals must assess the value of financial securities to decide how to invest their wealth. Corporate Finance teaches methods for valuing projects or assets. These valuation tools lay the foundation for all work in capital markets and corporate finance.

Registration Requirements

Prerequisites: ECON 201, 202, STAT 210 or equivalent, MATH 212 or 220, BUS INST 301

May not receive credit for both this course and ECON 360-1. Not for students who have previously taken KELLG_FE 310-0.

Class Materials (Required)

There will be a study.net course packet available for purchase online. Approximate cost will be: $20

Lecture slides, topic videos, cases, and readings as assigned. Lecture slides, video links, and readings
will be posted on the course website. Cases will be distributed via the Study.Net link on Canvas.
All course materials are the intellectual property of the instructor. You may not distribute class materials
electronically or in any form to anyone - inside or outside of Northwestern. In particular, you may not
share course materials with other students or with your employers after graduating.

Class Materials (Suggested)

Please check with the professor for more information regarding the textbook.


  1. Title: CORPORATE FINANCE
    Edition: 5
    Author: Berk & DeMarzo
    ISBN: 9780135636015
    Publisher: PEARSON
    Estimated Price (New, hard copy): $159.99
    *See textbook acquisition instructions posted on the Canvas website for details on how to acquire access to MyFinanceLab and a loose-leaf version of the text at a reduced price of $123.99.

    2. This book is very good and strongly recommended. See textbook acquisition instructions posted on
    the Canvas website for details on how to acquire access to MyFinanceLab, an e-book, and a loose-leaf
    version of the text at significantly reduced prices.

    Class Notes

    There are no waitlists for BUS_INST courses. If the class closes before your registration time, please check back.

    For more information, please view sample syllabus: https://businessinstitutions.northwestern.edu/courses/course-descriptions/index.html

    Class Attributes

    Attendance at 1st class mandatory

    Enrollment Requirements

    Enrollment Requirements: Prerequisite: Students must have credit for ECON 201, ECON 202, STAT 210, MATH 218-1 or 220-1, and BUS_INST 301, or equivalent courses. Students that previously took KELLG_FE 310-0 may not register for this course.