Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

This course prepares you to write an empirical study, such as a master’s thesis, using appropriate techniques. The course has a clear applied focus and we cover some most widely used empirical corporate finance techniques. After completing this course, you should have an idea what method to use, why to use it, and how to use it. You should also be comfortable with using STATA for empirical research and have no issues in learning to use new methods using STATA.

Credits: 6

Schedule: 09.01.2024 - 15.02.2024

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Elias Rantapuska

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • valid for whole curriculum period:

    OLS and panel data; causality; (quasi) natural experiments; regression discontinuity design; matching methods; event studies and duration models; discrete choice

Assessment Methods and Criteria
  • valid for whole curriculum period:

    Weekly assignments 40 %
    Class activity 10 %
    Student presentation of a paper 20 %
    Identification strategy assignment 30 %

Workload
  • valid for whole curriculum period:

    Contact teaching, 34 h
    Independent study, 125 h
    Exam, 3 h

DETAILS

Substitutes for Courses
Prerequisites

FURTHER INFORMATION

Further Information
  • valid for whole curriculum period:

    Teaching Language : English

    Course that may be completed several times

    Teaching Period : 2022-2023 Spring V
    2023-2024 Spring V

    Enrollment :

    The course is offered to BIZ students only. A maximum of 70 students can be accepted to the course.

    Students at Aalto Finance M.Sc. programme (i.e. who have graduated as B.Sc.) will be guaranteed a seat on Finance M.Sc. courses. Students re-taking the course (grade already registered) will not be prioritized and can participate only if there are places remaining. CEMS students are similarly guaranteed a seat for this course.

    Remaining seats are prioritized as follows:

    1. Finance M.Sc. exchange students from other universities
    1. Aalto Finance B.Sc. students with a finished B.Sc. thesis (registered in transcript of records)
    3. All other M.Sc. students at the School of Business

    Please follow carefully the registration deadlines of the courses and exams! Missing registration deadline automatically foregoes a guaranteed seat for Finance M.Sc. courses and puts prospective student at the bottom of the prioritization list.