At the end of this course, students should:

  • Be able to interpret a company’s financial statements, at least in broad terms;
  • Understand where the company’s value comes from;
  • Understand the principles for determining the value of shares and other financial assets;
  • Understand the concept of informational efficiency;
  • Understand the debate between the proponents of the Efficient Market Hypothesis and the
  • Behavioral Finance school.