Financial Instruments and Structured Finance

Financial Instruments and Structured Finance --- Corporations are increasingly entering into complex financial transactions as a tool to protect the value created in their core operations. Examples include equity-based compensation, hybrid securities, derivatives, asset securitizations and other forms of financial engineering including contingently convertible bonds, credit default swaps, and synthetic collateral debt obligations. This course introduces students to increasingly complex financial reporting issues behind these transactions to both understand the economics behind the transactions as well as create the ability to effectively analyze the financial conditions of firms that employ them.