AEM 4681 - [Impact Finance]

(CU-CEL, CU-SBY)

Fall. Next Offered: 2020-2021. 4 credits. Student option grading (no audit).

Prerequisite: AEM 2100, AEM 2240 or equivalent.

D.T. Ng.

In this course, we study multiple financial markets including bonds, forwards, futures, swaps, and options and their role in
addressing major issues facing humanity and society. In particular, we plan to study topics on the role of financial markets in
addressing important issues in health, education, sustainability and climate change among other topics. Relative to a traditional
finance class, we take a broad approach and think of finance as a way to get things done and financial instruments as a way to
solve problems.

Outcome 1: Interpret diversification and purpose investing.

Outcome 2: Examine the relationship of how financial instruments can help solve or hedge some societal issues.

Outcome 3: Articulate how financial innovation within the U.S. fiscal environment may be a way to help accomplish social goals.

Outcome 4: Utilize the instrument of options, pricing of such options and social impact bonds.