Tal Mofkadi

FINANCE
Visiting Assistant Professor of Finance

Print Overview
Tal Mofkadi conducts theoretical research in Financial economics. His current research concentrates on hyperbolic discounting and its effect on asset pricing with solvency constraints.

Tal submitted his PhD dissertation Financial Economics at the Tel-Aviv University in Israel in July 2012, after which he joined the Finance Department at Northwestern Kellogg in September 2012 as a visiting assistant professor. During his PhD, he spent two summer semesters as a visiting scholar at the Kellogg School of Management. He holds an MA degree from the Eitan Berglas School of Economics (at Tel-Aviv University) and an MBA degree from the Recanati School of Management (at Tel-Aviv University).
Print Vita
Education
Ph.D, 2012 (expected), Economics, Berglas School of Economics, Tel-Aviv University
MA, 2006, Economics, Berglas School of Economics, Tel-Aviv University
MBA, 2004, Finance and Marketing, Recanati School of Management, Tel-Aviv University

 
Print Research
Research Interests
Microeconomic theory, Asset pricing, Capital markets and investments, Corporate finance, Industrial Organization.


 
Print Teaching
Full-Time / Part-Time MBA
Finance I (FINC-430-0)

This course counts toward the following majors: Analytical Finance, Finance

This course studies the effects of time and uncertainty on decision making. Topics include discounted cash flow valuation, stock and bond valuation, the term structure of interest rates, bond duration, capital budgeting under certainty and uncertainty, portfolio theory, asset pricing models and efficient markets.

The prerequisite for this course is knowledge of probability and statistics through linear regression. This requirement may be satisfied with either (i) prior or concurrent registration in Decision Sciences 434, (ii) sufficient previous course work in statistics. Familiarity with basic financial accounting (Accounting 430) and microeconomics (Managerial Economics 430) is recommended.

To qualify for a Finance I (FINC-430) waiver, you must have passed a comparable course with a grade of A. The type and level of material covered in the course are represented by chapters 1-13 and 23 of the text by Brealey and Myers, Principles of Corporate Finance. You need not request a Finance I waiver to enroll in FINC-440 (Turbo). To help you decide whether you should waive Finance I, take the self-assessment test online at www.kellogg.northwestern.edu/finance/curriculum/finance1waiver.htm.

International Finance (FINC-470-0)

This course counts toward the following majors: Finance, International Business

Management of an international business or one exposed to global competition requires knowledge of international financial instruments, markets, and institutions. This course examines these issues from theoretical and applied perspectives. Topics include the nature of foreign exchange risk, the determination of spot and forward exchange rates and interest rates, the returns to foreign investments in external currency and in bond and stock markets, the management of foreign exchange risk with forward markets and foreign currency option markets, and the dynamics of the balance of payments with a focus on understanding international capital flows, country debt, and exchange rate fluctuations.