The course provides fundamental techniques for simulation-based quantitative corporate finance. We will develop a variety of tools for optimal corporate financial policy, including organic and market rates risk management, and sustainable capital structure. Computation-intensive techniques have expanded the field of funding design in new directions, providing better insights about how operating and market risks flow through a firm. We can now tune a capital structure while quantitatively trading off the concerns of debt lenders, equity investors, and management.
Students will produce fully functional simulation models in Excel, allowing Monte Carlo-based company modeling and risk management. The limitations of quantitative approaches and their relationship to classical methods will also be discussed.
Adjunct Professor of Business
Hans Tallis is a Managing Director in the Corporate Finance Group at Wells Fargo Securities. The group advises corporate clients on capital structure issues, identifying opportunities for improving funding efficiency, managing risk, and enhancing shareholder value. Hans holds an MBA from Columbia, an MS in Computer Science from Carnegie Mellon, and BS degrees in Applied Mathematics and Computer Science from the University of Virginia...