Carnegie Mellon University

Seminar in Finance IV (Corporate Finance)

Course Number: 47724

This is a PhD course intended for doctoral students in finance, economics, and accounting. We will study dynamic quantitative models of corporate investment, financing, and related decisions. While the topics will be primarily in the area of corporate finance, broadly defined, we will venture into some related areas of asset pricing and financial intermediation. The course will focus around two main objectives: First, to develop the tools necessary to solve and estimate dynamic quantitative models; second, to understand the issues, debates, and methods of research in this area. The tools we develop will, ideally, form a basis for producing original research on these topics.

Degree: PhD
Concentration: Finance
Academic Year: 2023-2024
Semester(s): Mini 4
Required/Elective: Elective
Units: 6


Lecture: 100min/wk and Recitation: 50min/wk


There are no required textbooks. The recommended textbook is Tirole (2006), The Theory of Corporate Finance, Princeton University Press.

Learning Objectives

Exposing students to seminal literature and to help them to develop basic tools to do research in finance.