The main objective of the course is to develop insight into the process by which firms can create value for their shareholders by formulating strategies in which finance is a crucial competitive weapon. Topics include discounted cash flow models, risk and return, capital asset pricing model, capital market efficiency, capital structure and the cost of capital, dividend policy, and leasing.
Robert W. Lear Professor of Finance and Economics
Charles M. Jones is the Robert W. Lear Professor of Finance and Economics and the Senior Vice Dean at Columbia Business School, where he has been on the faculty since 1997. Professor Jones studies the structure of securities markets, liquidity, and trading costs, and he is particularly noted for his research on short sales, algorithmic and high-frequency trading, and the variation in liquidity over...
Adjunct Assistant Professor of Business