Adjunct Professor, SAIS Europe; Country Revenue Growth Management Manager, Coca-Cola Hellenic Bottling Company, Milan. Professor Jacobellis was Senior Manager, Business Strategy, Accenture Strategy, Milano (2014-2020); Senior Manager, Deloitte Strategy Consulting, London (2012-2014); Senior Manager, Economic Advisory, Ernst & Young LLP, London (2008-2012). Professor Jacobellis has served as a lecturer in economics at the University of Oxford and an adjunct professor in corporate finance and macroeconomics at ENI Corporate University; was previously an assistant at the Institute for International Economics; M.Phil., economics, University of Oxford
Introduces quantitative tools and framework of financial decision-making. Examines present-value techniques, pricing of financial instruments, trade-off between risk and return, portfolio theory, capital budgeting, financial ratio analysis, behavior of financial markets, capital structure decisions, corporate cost of capital issues, option theory and risk management. Approach is rigorous and analytical, and goal is to provide students with conceptual understanding of the ideas of financial theory as well as the quantitative methods necessary to pursue careers involving financial decision-making. Students without a background in finance/business should consider taking the online Introduction to Accounting course prior to enrollment or concurrently. In addition, students should take International Economics I concurrently with this course.
This two-week intensive course introduces students to the basic toolkit for understanding risk in financial markets, with a focus on corporate-finance-related issues and capital markets. It begins with an introduction to net present value and basic accounting. From there is introduces standard financing instruments -- equity, bonds, retained earnings, and bank credit. The course then explains how these instruments are priced, traded and hedged. It concludes with analysis of debt financing and risk management. Students will come away with an understanding of the time value of money, the structure and management of corporate financing, and the relationship between corporate finance, banks, and capital markets.