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6. International Finance |
3 |
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This course aims to provide learners with an in-depth understanding, and ability to develop prominent topics in the fields of international finance, financial risk management, and their intersection with the topic of international macroeconomics. Learners will discuss in detail some key academics papers on the relationship between exchange rates, interest rates, and inflation; macroeconomic models with financial imperfections; sovereign risk and debt; financial development, aggregate supply and demand; monetary policy, liquidity and the business cycle; as well as financial regulations in the context of Fintech development. Through the study of quantitative theory models combined with additional reading materials, learners will develop their independent thinking, research capacity, and able to independently organize and conduct academic researches. |
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7. Corporate Finance |
3 |
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The unit of Corporate Finance at doctoral level is developed as a combination of both seminar and course work. As a course work, it provides doctoral students a review of main theories which play as foundation of corporate finance, corporate governance, and behavioral corporate finance. Students are supposed to demonstrate their in-depth understanding of theories in finance that drive financial decision making within organization as well as prospect and expected utility theories, framing and mental accounting, heuristics and biases, and overconfidence that make those decisions distorted and biased. As a seminar, the unit aims to equips doctoral students with a review on contemporary issues in research of corporate finance, corporate governance and behavioral corporate finance. Students in class are split into groups for presentation and leading class discussion on papers in finance research which are assigned to them at the beginning of the course. Upon a completion of this subject, students should be able to grasp the knowledges how to do a research practically as well as the main research stream in the contemporary finance literature. |
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8. Asset Pricing |
2 |
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This course is the research level course in asset pricing. The course begins with a review of asset pricing theory. The subject continues with a focus on recent advances in the area. The topics covered in this course include the consumption-based model, the discount factor, the mean-variance theory, factor models, and cross-sectional return. |
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9. Advanced Financial Econometrics |
2 |
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The course of Financial Econometrics (Econometrics for Finance) provides Doctoral students knowledges and techniques to implement an empirical research in contemporary finance. In this course, students will learn how to apply econometrics when it is necessary to perform quantitative analysis for a variety of research models in the field of finance. Especially the techniques for analysis of linear/non-linear time series data and event studies using Stata/Python and/or R-packages at a basic and advanced level for empirical analysis, hypothesis testing, and model estimations for research in finance. |
