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:

The timetable is expected to be as follows:

•     16.10.2024: Application deadline (application form in the Moodle course)
•     30.10.2024: Opening event from 14:00 to 16:00 (room: R12 R06 A79)
•     06.11.2024: Official registration with topic preference (e-mail to the secretariat)
•     07.11.2024: Assignment of topics via e-mail
•     23.01.2025: Submission of the seminar paper (online upload in the Moodle course & submission of the 1x printed            copies on the day of the seminar presentation)
•     30. or 31.01.2025 (to be determined): Presentation of the seminar papers;
      (30.01.2025 start in the afternoon or 31.01.2025 start 9:00, room: R12 T08 D01)

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.