Zhengyang Jiang is an Assistant Professor of Finance. He works on international finance and macroeconomics. His recent work explores how foreign exchange rates and government debt yields are shaped by government policies, macroeconomic fundamentals, and global financial market conditions.
Professor Jiang earned a Ph.D. in finance from Stanford Graduate School of Business, and a B.Sc. in Mathematics as well as in Business Economics and Management from California Institute of Technology.
Finance 1 answers managers' and investors' most fundamental finance question: how should a project or an asset be valued? Managers must determine the value of building a factory, entering a new market, or purchasing an entire firm when deciding in which projects to invest. Similarly, individuals must assess the value of financial securities to decide how to invest their wealth. Using a combination of lectures and business cases, Finance 1 teaches the discounted cash flow and multiples methods to value projects or assets. These valuation tools lay the foundation for all work in capital markets and corporate finance.
Prerequisite: Business Analytics I (DECS-430-5)
Corequisite/Prerequisite: Accounting for Decision Making (ACCT-430) and Business Analytics II (DECS 431-0)