Demystifying Finance Class Debuts at Georgetown Law
Photo 1/2: Professor Sandeep Dahiya of Georgetown University's McDonough School of Business helps law students learn finance in Demystifying Finance: A Short Course for Law Students, a weeklong course offered by the Law Center for the first time August 19-23.
Photo 2/2: One hundred students got into the class; an additional 120 signed up.
August 22, 2013 — You are a third-year law student, called upon to answer the following: If a five-year CD earns a rate of 3 percent per year, how much would $100 grow in five years?
Don’t worry — there’s a class for that. Demystifying Finance: A Short Course for Law Students is a two-credit “boot camp” designed to give upper-class students a jumpstart in corporate and business law subjects. It arose out of conversations with faculty, alumni and other leaders in the fields of law, government, public interest and business who recognize the importance of business skills to 21st-century careers.
Professor Sandeep Dahiya, a professor at Georgetown University’s McDonough School of Business, is teaching the weeklong class August 19-23 at the Law Center along with two of his business school colleagues, Professor Michael Cichello and Professor Lee F. Pinkowitz.
“This is a course about which there is tremendous excitement,” said Dean William M. Treanor, who helped introduce the class along with Assistant Dean Sally McCarthy. “What we’ve been hearing is that we should be [teaching] a broader range of competencies, in particular things that are traditionally taught in business schools, finance and accounting among them. This grows out of the conversations that we’ve been having, and is really a first step … we’re going to be building on this in the years ahead.”
Peter Byrne, associate dean for the J.D. program, says that Law Center administrators are brainstorming other ways to partner with the business school. “The teaching of basic business concepts is an emerging trend in legal education, and we are getting in front of that trend,” says Byrne, who assisted in the development of the course along with McCarthy and law professors Donald Langevoort and Bob Thompson, experts in business organization and securities regulation.
Demystifying Finance will be offered again in January (when it will also be open to LL.M. students) and regularly before the start of every spring and fall semester. This first offering was free to the 100 lucky students who got in, owing to a generous donation by businessman Jules Kroll (L’66), chairman and CEO of Kroll Bond Rating Agency.
A course description may be viewed here.