NURP

5018

Capital Markets and Investing for Impact

Schools of Public Engagement: Milano General Curriculum

Non-Liberal Arts

Undergraduate Course

Degree Students (with Restrictions)

Capital Mkts/Impact Investing

Fall 2019

Taught By: Charles Allison

Section: A

CRN: 5391

Credits: 3

Capital Markets and Investing for Impact (“CMI4I”) is the intersection of the public and private capital markets with a relatively new term called impact investing. Impact investing is an emerging field to describe the practice of filtering an investor’s intention through the lens of long-term social and environmental value creation. It is sometimes referred to as “blended value”, in which the best aspects of traditional investing, philanthropy, and collective action are blended together to create results with long-term public benefits. To achieve a measurable social return, impact investors will look for businesses that have a strong social mission embedded in their business operations. Thus, the demand for “market-ready” social enterprises has grown. The first module of the course will provide a rigorous introduction to the capital markets – the part of the financial system concerned with raising capital by dealing in shares, bonds, and other long-term investments. The second module provides a rigorous introduction to the two components that make up impact investing -- intentionality (as the intention to create social impact from investing) and impact measurement (as the integration of accountability and transparency at all levels of the investment decision). The last module brings the two fields together. This course provides the background necessary for participation in many of the school’s other finance courses and labs. Students should also be able to use the subject matter from this course in the job-search or internship-search process.

This course counts as an elective course for the Graduate Minor in Impact Entrepreneurship.

College: Schools of Public Engagement (NS)

Department: Milano General Curriculum (NMIL)

Campus: New York City (GV)

Course Format: Seminar (R)

Max Enrollment: 20

Enrollment Status: Open*

*Enrollment status information is updated every five minutes. The status of this course may have changed since the last update. Open seats may have restrictions that will prevent some students from registering. Updated: 1:15pm 10/16/2019

Meeting Info:

Days: Wednesday

Times: 4:00pm - 5:50pm

Building: Johnson/Kaplan 66 West 12th

Room: 404

Date Range: 8/28/2019 - 12/11/2019