ILRHR 6910 Finance for Human Resources
Fall. 4 credits. K. Hallock.
Helps students understand some basic ideas in finance from the perspective of human resource management. Broadly considers certain topics that include: overview of financial markets, how firms issue securities, history and pitfalls in investing, the time value of money, investment criteria such as net present value, risk versus return and the opportunity cost of capital, capital asset pricing, capital budgeting and risk, market efficiency and predictability, measuring firm financial performance and reading financial statements, event studies in finance and economics, mergers, ESOPs and stock options, executive compensation, the relationship between job loss and firm outcomes, and other forms of organizational form such as nonprofits. Covers theoretical ideas and has many empirical, policy, and practitioner-relevant applications.