Gene Amromin
Gene Amromin

Adjunct Lecturer of Finance

Print Overview

Gene Amromin is a Senior Financial Economist at the Federal Reserve Bank of Chicago. His research interests include household financial decision-making, housing markets, taxation and corporate finance.

His work studies the links between variations in tax regimes and capital structure and asset valuation. He is currently researching the formation of investor expectations of stock market returns, links between mortgage contract design and performance, and effectiveness of housing policy programs.

Before joining the Chicago Fed in 2005, Amromin was on the staff of the Board of Governors of the Federal Reserve System in Washington, D.C. During 2011-2012, he served as a senior economist on the President's Council of Economic Advisers.

Amromin received a B.A. in economics from Northwestern University and a Ph.D. in economics from the University of Chicago. Prior to graduate study, he worked as an economic consultant in Chicago.

Print Vita
Print Research
Working Papers
Eberly, Janice C. and Gene Amromin. 2016. Education Financing and Student Lending.

Print Teaching
Full-Time / Part-Time MBA
Finance II (FINC-431-0)

**This version of Finance II is designed for students who took Finance I during or after Fall 2014. This course will be offered in Fall 2014 in Evanston & Chicago and offered in Winter 2015 in Chicago.**

Finance II: Corporate Finance covers the financial knowledge you need to run a firm, whether the firm is a multi-billion international conglomerate or a three-person start up. You will learn how to answer the three fundamental question of corporate finance: (1) Capital structure or the funding decision: which source(s) of capital should you use to fund the firm's project? (2) Capital budgeting or the investment decision: which projects should you invest in? (3) Dividend decision: how should you deploy the capital that the project returns?

We will cover the three fundamental methods for valuing projects and firms: discounted cash flow (or net present value), real options, and multiples analysis. The class begins with a theoretical framework. The world of finance is very complex. Without a logical structure that you can use to frame and answer questions, you will rapidly become lost and will be unable to defend your position. The theoretical framework is valuable, however, only if you can use it to examine real world decisions. Thus the majority of class time will be devoted to applying the logical framework.

This course is important for anyone who plans to run a firm or a division, who hopes to be involved in the investment or funding decisions of the firm, who plans to work for a service provider who will assist the firm in analyzing these decisions (e.g., banking and consulting), or who plans to invest in firms or advise clients who will invest in firms. Even if you initially specialize in a different functional area, you want to understand how the finance function works. The most brilliant idea isn't useful if you cannot get it funded.

Recommended Prerequisites: ACCT-430 and MECN-430