Business Administration – Finance and Investment

Seminar Finance and Investment

Advanced module in Finance and Investment

Please note: The assignment of topics at the chair usually starts already in the last week of lectures of the previous semester. There is no limitation of the number of participants.

Module description

Learning Outcomes

The students examine international research approaches, thus developing the ability to understand challenging research papers, to analyse them thoroughly and to present them in a comprehensible manner. The knowledge they gain enables them to evaluate and discuss research work and to carry out their own independent scientific work.

Content

The seminar focuses on a range of topics from finance research. Within this framework, analytically demanding international research papers are examined, presented and discussed.

Further Information

  • Responsible person: Professor Dr. Hirth
  • Course language: german
  • Module number: 70226
  • Credits: 2 SWS / 6 CP
  • Offer: every semester - not applicable in summer semester 2023
  • Registration at the chair required
  • Portfolio examination (term paper, presentation, participation in discussion in the final seminar)
  • Compulsory elective module for master's programs in Industrial Engineering and Management, Industrial Economics, Industrial and Network Economics and Business Mathematics

Winter semester 2022/23

Topics

Overview paper for the current seminar: Topics and notes for the seminar (in german)

 

Topic 1

Barberis, N., Mukherjee, A., & Wang, B. (2016). Prospect Theory and Stock Returns: An Empirical Test. The Review of Financial Studies, 29(11), 3068-3107.

Supervisor: Dr. Martin Walther

 

Topic 2

Abdoh, H., & Varela, O. (2017). Product market competition, idiosyncratic and systematic volatility. Journal of Corporate Finance, 43, 500-513.

Supervisor: Dr. Martin Walther

 

Topic 3

Garber, P. M. (1990). Famous first bubbles. Journal of Economic perspectives 4.2, 35-54.

Supervisor: Felix Reichenbach

 

Topic 4

Hall, R. E., & Woodward, S. E. (2010). The burden of the nondiversifiable risk of entrepreneurship. American Economic Review, 100(3), 1163-94.

Supervisor: Felix Reichenbach

Editing notes

The topics are usually based on a model-theoretical approach. Disclose the respective construction of the model as well as the essential economic effect chains and statements. Only with this goal in mind, formal derivations should be understood. Be especially careful not to merely translate the text. Instead, you should read the article, understand it, and then reproduce it in your own words in German in a way that is easy to follow. Independent work is desired.

Here you will find formal notes on the term papers: Form term papers (in german)

Evaluation

The evaluation of the term paper forms the "A grade". The "B grade" is obtained during the oral presentation/participation. A- and B-grade determine the overall grade in the ratio 4 to 1. If the A grade is insufficient, so that overall passing of the seminar is ruled out, the seminar participants concerned will not be invited to the seminar.

Dates, registering and deregistering

Dates

Registering until Friday, October 21, 2022

Submission of the term paper until Friday, October 28, 2022 by e-mail to the supervisor.

Seminar date: Friday, November 18, 2022, Room H 6173

Deregistering

Deregistering until on 10/27/2022 at the chair and via Moses, afterwards with withdrawal form and reason (certificate) at the examination office and at the chair.

Contact persons

Responsible person and examiner

Professor Dr. Hans Hirth is the head of the Chair of Finance and Investment. He is responsible for the module and the associated examinations.

Organizational questions

For organizational questions, e.g. regarding registering and deregistering, appointments, certificates, etc., please contact our administration office.

Content-related questions

If you have questions about a topic, please contact the supervising assistant.

Study programs

The Seminar Finance and Investment is a compulsory elective module for the following study programs:

The module can be included in all degree programs, e.g. as an elective or additional module. It is not subject to any restrictions or prerequisites.