Filippo Mezzanotti
Filippo Mezzanotti is an Associate Professor of Finance. His research interests are in empirical corporate finance, innovation and entrepreneurship. His current projects cover a variety of topics regarding how financial frictions affect real economic activity, the importance of patent policy for corporate innovation, and fintech. In analyzing these issues, he exploits evidence from both contemporaneous and historical events.
Filippo joined the Finance Department at Northwestern's Kellogg School of Management in August 2016 as a Donald P. Jacobs Scholar. Filippo grew up in Italy and he received a B.A. and a M.Sc. in Economics from Bocconi University. After moving to the US, he obtained a MA and Ph.D. in Business Economics from Harvard University.
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Doctor of Philosophy, 2016, Business Economics, Harvard University
Master of Arts, 2014, Economics, Harvard University
Master of Science, 2010, Economics, Universita Commerciale Luigi Bocconi
Bachelor of Arts, 2008, Economics, Universita Commerciale Luigi Bocconi -
Assistant Professor of Finance, Finance, Kellogg School of Management, Northwestern University, 2016-present
Donald P. Jacobs Scholars, Kellogg School of Management, Northwestern University, 2016-2017 -
Referee, International Journal of Industrial Organization, 2022
Referee, The Economic Journal, 2022
Referee, Review of Economics and Statistics, 2022
Referee, Quantitative Economics, 2022
Referee, The Economic Journal, 2021
Referee, Journal of Law and Economics, 2021
Referee, Journal of Financial Economics, 2021
Referee, Research Policy, 2019
Referee, Journal of the European Economic Association, 2019
Referee, Explorations in economic history, 2019
Referee, Review of Economic Studies, 2019
Referee, Review of Finance, 2018
Referee, Management Science, 2017
Referee, The Review of Financial Studies, 2017
Referee, American Economic Journal: Macroeconomics, 2016
Referee, The Review of Corporate Finance Studies, 2016
Referee, Journal of Banking and Finance, 2016
Referee, Journal of Finance, 2016
Referee, Quarterly Journal of Economics, 2016
Finance II (FINC-431-0)
Finance II: Corporate Finance covers the financial knowledge you need to run a firm, whether the firm is a multi-billion international conglomerate or a three-person start up. You will learn how to answer the three fundamental question of corporate finance: (1) Capital structure or the funding decision: which source(s) of capital should you use to fund the firm's project? (2) Capital budgeting or the investment decision: which projects should you invest in? (3) Dividend decision: how should you deploy the capital that the project returns?
We will cover the three fundamental methods for valuing projects and firms: discounted cash flow (or net present value), real options, and multiples analysis. The class begins with a theoretical framework. The world of finance is very complex. Without a logical structure that you can use to frame and answer questions, you will rapidly become lost and will be unable to defend your position. The theoretical framework is valuable, however, only if you can use it to examine real world decisions. Thus the majority of class time will be devoted to applying the logical framework.
This course is important for anyone who plans to run a firm or a division, who hopes to be involved in the investment or funding decisions of the firm, who plans to work for a service provider who will assist the firm in analyzing these decisions (e.g., banking and consulting), or who plans to invest in firms or advise clients who will invest in firms. Even if you initially specialize in a different functional area, you want to understand how the finance function works. The most brilliant idea isn't useful if you cannot get it funded.
Recommended Prerequisites: ACCT-430 and MECN-430
