course-details-portlet

FIN8610 - Empirical methods in corporate finance

About

New from the academic year 2023/2024

Examination arrangement

Examination arrangement: School exam
Grade: Passed / Not Passed

Evaluation Weighting Duration Grade deviation Examination aids
School exam 100/100 4 hours C

Course content

This course provides an empirical treatment of selected topics in corporate finance and financial intermediation. The topics discussed in class include capital structure, corporate investment under financing frictions, the bank lending channel of monetary policy and financial fragility.

The course focuses on the empirical methods that can be used to test theories of corporate finance and financial intermediation. These methods include linear regressions, event studies, panel data methods, instrumental variables and difference-in-differences approaches among the others.

The goal of the course is to provide students with a toolbox and working knowledge of empirical methods for use in corporate finance research. This goal will be accomplished by teaching the econometric methods and analyzing how these methods have been implemented by other researchers in the areas discussed above.

Learning outcome

Knowledge

You learn

  • what are the main empirical research questions in corporate finance and banking
  • how researchers design empirical methodologies to study these main issues, including the formulation of econometric models and the interpretation of results

Skills

After the course, you will

  • be familiar with classical empirical corporate finance and banking topics and papers
  • understand research methodologies used in different areas of empirical research in corporate finance and financial intermediation
  • be able to design an empirical strategy to test a research question in this field
  • be able to replicate part of the analyses of an empirical corporate finance or banking paper

General skills

At the end of the course, you will

  • be able to formulate a relevant and testable research question
  • be able to select and apply suitable econometric models to your own research (such as your master thesis) in the area of corporate finance and empirical banking

Learning methods and activities

4 hours of organized learning activities each week. FIN8606 is taught along with FIN3006. Contact the department (kontakt@econ.ntnu.no) to get access to learning resources in Blackboard.

The course has compulsory activity. Compulsory activity must not be re-completed when repeating the exam.

Compulsory assignments

  • Compulsory activity

Further on evaluation

The subject is reserved for PhD students. Contact kontakt@econ.ntnu.no if you want to take the course.

Required previous knowledge

None.

Course materials

Announced at the beginning of the term.

More on the course

No

Facts

Version: 1
Credits:  5.0 SP
Study level: Doctoral degree level

Coursework

Term no.: 1
Teaching semester:  AUTUMN 2023

Language of instruction: English

Location: Trondheim

Subject area(s)
  • Financial Economics
  • Economics
  • Social Sciences
Contact information
Course coordinator:

Department with academic responsibility
Department of Economics

Timetable

List view
Calendar view

Examination

Examination arrangement: School exam

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Autumn ORD School exam 100/100 C 2023-12-14 15:00 INSPERA
Room Building Number of candidates
Spring ORD School exam 100/100 C 2024-05-30 15:00 INSPERA
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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