Real-Estate Investments [Spring 2014-2015, Fall 2016-2018] Real estate accounts for of the world’s capital assets. This course provides students with a comprehensive understanding of real estate valuation, cycles, markets, investments, and decision-making. The bulk of the course covers income-producing (i.e., commercial) property, although we will also discuss residential housing. This course provides a unified finance-based framework to answer real estate investment decision-making problems encountered in the real world. Doing so requires a good understanding of the institutional features that differentiate real estate from other asset classes and markets as well as modern finance and economics tools.
Debt Instruments and Markets [Summer 2011] This course describes important fixed income securities and markets and develops tools for valuing fixed income securities and managing interest rate risk. The course covers traditional bonds and term structure concepts, as well as fixed income derivatives and financial engineering. The class meets Mondays and Wednesdays from 6pm to 8pm.