Professor Phillip A. Braun specializes in the study of the interaction of the macroeconomy with financial markets. He is the author of a number of articles, most recently a series of papers studying the emerging Islamic economies, as well as an online columnist for Forbes.
Prof. Braun joined the Kellogg School of Management as a Clinical Professor of Finance after spending two years across town at the Booth School of Business at the University of Chicago and 10 years working and teaching in Asia. When in Asia Professor Braun was a Senior Member of the Policy Advisor Group to the Prime Minister of Thailand and Managing Director of Corporate Finance for CLSA.
The relationship statistical relationship between the macroeconomy and financial markets.
Introduction to Finance (FINC I)
Asset Management Practicum
This class provides students with a structure for thinking about financial markets and the pricing of financial securities. The financial securities we study and price include stocks, bonds, futures, and options.
The class teaches how to address investment problems in a systematic manner using case studies. They are used to examine issues in the selection and implementation of investment strategies. In the process, the class examines current academic work about financial markets and their applications to investing.
Finance I (FINC-430-0)
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)