Yao Zeng

Yao Zeng
  • Assistant Professor of Finance

Contact Information

  • office Address:

    2322 Steinberg-Dietrich Hall
    3620 Locust Walk
    Philadelphia, PA 19104

Research Interests: Financial Intermediation and Markets, Corporate Finance

Links: Personal Website, CV

Teaching

Past Courses

  • FNCE611 - CORPORATE FINANCE

    This course serves as an introduction to business finance (corporate financial management and investments) for both non-majors and majors preparing for upper-level course work. The primary objective is to provide the framework, concepts, and tools for analyzing financial decisions based on fundamental principles of modern financial theory. The approach is rigorous and analytical. Topics covered include discounted cash flow techniques; corporate capital budgeting and valuation; investment decisions under uncertainty; capital asset pricing; options; and market efficiency. The course will also analyze corporate financial policy, including capital structure, cost of capital, dividend policy, and related issues. Additional topics will differ according to individual instructors.

  • FNCE621 - CORPORATE FNCE (HALF CU)

    (Formerly FNCE 614) This half-semester course serves as an introduction to corporate investments for non-majors. The primary objective is to provide a framework, concepts, and tools for analyzing financial decisions based on fundamental principles of modern financial theory. Topics covered include discounted cash flow techniques, corporate capital budgeting and valuation, investment decisions under uncertainty, and capital asset pricing. The approach is rigorous and analytical but the course will not cover several topics included in the full semester Corporate Finance course, including: market efficiency, corporate financial policy (including capital structure, cost of capital, dividend policy, and related issues), and options.

Knowledge@Wharton

Why Engine No. 1’s Victory Is a Wake-up Call for ExxonMobil and Others

Companies that fail to convincingly address social or environmental risks face erosion of business valuation, says Wharton’s Witold Henisz.

Knowledge @ Wharton - 6/15/2021
How Megaproviders Keep Health Care Costs High

In their new book ‘Big Med,’ David Dranove and Wharton’s Lawton R. Burns look at the rise of megaproviders -- expansive health care organizations -- and their role in runaway costs.

Knowledge @ Wharton - 6/15/2021
How to Optimize Your Omnichannel Marketing Strategy

Wharton’s Raghuram Iyengar explains three major challenges to omnichannel marketing and what firms can do to overcome them.

Knowledge @ Wharton - 6/11/2021