Dmitry Katkov, the director of ISM’s Finance Program, is a financial analyst, consultant, who has taught in as many as 21 countries around the world. During his visits to foreign universities, he has accumulated a handful of international expertise, which he now shares with the ISM students.
Katkov has contributed to consulting projects at leading global organizations such as the United Nations, the British International Banking and Financial Services Organization “HSBC” and the world’s largest luxury goods group “LVMH”.
Dmitry Katkov also has extensive experience in financial planning and investing, while his research interests include personal finance, financial literacy, and Islamic finance.
This is an introductory course in finance. Course objective is to provide students with the basic knowledge in finance and to form the background for the further related studies. Course presents students with an overview of financial concepts, terminology, and principles, introduces to the financial management methods applicable to the personal and business practices (including SMEs and companies). Course covers basic financial theories, and their relevance to the financial management and investments. Introduction to finance course combines theory with practical examples, using case discussions and simulations.
Aim of the course
The course objective is to introduce students to the main elements, methods and principles of finance. It will provide basic knowledge and skills applicable to personal and managerial finance. Course starts with the general overview of finance, introduces to financial concepts, instruments, and techniques used in financial decision making. The first part of the course focuses on basic financial data, financial statements, cash flow, also main financial concepts as time value of money, risk and return, interest rates. The second part of the course deals with financial management.
This course presents the underlying framework and concepts of Financial Accounting in the context of how accounting fits into the overall business environment of contemporary society. Financial accounting is the basic means of recording and reporting financial information in a business. Students will learn how accounting functions as an information development and communication system that supports economic decision making and provides value to entities and society. Students will discover the uses and limitations of financial statements and related information and apply analytical tools in making both business and financial decisions.
The objective of the course is to learn to read, understand, and analyze financial statements. The course adopts a decision-maker perspective of accounting by emphasizing the relation between accounting data and the underlying economic events that generated them. The course focuses initially on how to record economic events in the accounting records and how to prepare and interpret the primary financial statements that summarize a firm’s economic transactions. After having completed the course students should be able to answer below listed learning objectives.
This course involves students studying how and why to invest in derivatives and other alternative investments, as well as how to manage risk by using alternative investments as a part of portfolio. Since risk management is a broad topic, course intention is to give students knowledge and understanding at the level they can further explore issues by themselves. It will cover the most interesting and most common used methods and instruments in contemporary financial risk management focusing on students being able to use them at their work/personal finance.
Objectives and learning outcomes