Business Administration – Finance and Investment
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
  • 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 2021/2022

Topics

Topic 1

Ledoit, O., & Wolf, M. (2017).Nonlinear shrinkage of the covariance matrix for portfolio selection: Markowitz meets Goldilocks. The Review of Financial Studies, 30(12), 4349-4388

Supervisor: Dr. Martin Walther

 

Topic 2

Lewellen, J. (2011). Institutional investors and the limits of arbitrageJournal of Financial Economics102(1), 62-80.

Supervisor: Dr. Martin Walther

 

Topic 3

González, F. (2020). Bank development, competition, and entrepreneurship: International evidence. Journal of Multinational Financial Management, 56, 1-19.

Supervisor: Dr. Marco Bade

 

Topic 4

Masiak, C., Block, J. H., Moritz, A., Lang, F., & Kraemer-Eis, H. (2019). How do micro firms differ in their financing patterns from larger SMEs?. Venture Capital, 21(4), 301-325.

Supervisor: Dr. Marco Bade

 

 

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)

Dates and registering

Registration and topic assignment

1. Registering for a topic at the chair:

Registration and topic allocation will take place immediately by sending an e-mail to our administration office, indicating the desired topic. As soon as there are two registrations for one topic, the list for this topic will be closed for the time being, so that only one registration for the other topic is possible.

2.  Registering via Moses:

After the topic has been assigned, an additional registration must be made with Moses. We inform the participants accordingly

3.   Deadline for registering and deregistering :

Registering until on 10/22/2021, unregistering until on 10/28/2021 at the examination office and at the administration office of the chair.

Dates

Submission of the term paper until Friday, October 29, 2021 by e-mail to the supervisor.

Seminar date: Friday, November 19, 2021, Room H 6173

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.

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.