Navin Chopra is Clinical Professor of Finance. Prior to that he was on the faculty at Columbia University for 4 years and at New York University for over 12 years where he taught finance courses at NYU Stern School of Business and NYU Law School. He received his PhD in finance at the University of Michigan, Ann Arbor. He also obtained his MBA degree, specializing in finance, and his bachelor's degree in mechanical engineering.
His area of expertise is in corporate finance, fixed-income securities, derivatives, valuation, equity instruments, venture capital markets, buyouts and other leveraged transactions, investments, and corporate finance. He has also taught at numerous financial institutions in the New York area. He has published articles in the topmost scholarly journals in finance and has received significant recognition in the academic profession. One of his papers received the 'All-Star' award as the most-cited paper published in the Journal of Financial Economics during 1993-2002. He also acts as an ad hoc referee for a number of finance journals.
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)