Description:

The module provides students with the knowledge and skills to independently and critically analyze a practically and scientifically relevant subfield of empirical capital market research based on an in-depth literature review as well as an accompanying presentation.

Recommended previous knowledge:

• Students are assumed to have a profound understanding of finance (for instance by having taken the lectures offered by the chair).
• Basic econometric skills are helpful to understand empirical research conducted in the academic papers which the module’s content is based on.
• A sufficient level of spoken and written English language skills is necessary.

Learning Targets:

Students

• Meet the formalities of a scientific paper
• Independently collect, systemize, compare, and review the state-of-the-art academic literature
• Acquire a profound understanding of a specific subfield of empirical capital market research
• Can evaluate scientific studies accurately, understand the methodology used in leading papers of the field, can interpret estimation results correctly
• Are able to critically reflect on limitations of existing research
• Are able to present and defend their term paper in a professional way

Are in a position to identify starting points for their own research

Outline:

Zeitplan:  

• 17.09.2021: Bekanntgabe des "Oberthemas"
• 22.10.2021: Bewerbungsende (Bewerbungsbogen im Moodlekurs)

• 04.11.2021: Eröffnungsveranstaltung von 13:00 bis 16:00 Uhr

• 11.11.2021: Offizielle Anmeldung mit Themenpräferenz (E-Mail ans Sekretariat)

• 12.11.2021: Zuweisung der Themen via E-Mail

• 24.01.2022: Abgabe der Seminararbeit (online Upload im Moodlekurs & Abgabe am Lehrstuhl)

• 02.02.2022: Vorstellung der Seminararbeiten ; Beginn: 10:00 Uhr (Moodle)

Literature:

The literature depends on the specific topic. Students will be provided with relevant papers in the introductory session.

Formalities:

The module-related examination consists of a seminar paper (usually 15 pages, 75% of the grade), and of an accompanying presentation (usually 20 minutes, 25% of the grade). The successful presentation of the seminar paper is a requirement to pass the module.