Methodological Research Seminar

Master 2022/2023

Type: Compulsory course (Strategic Corporate Finance)

Area of studies: Finance and Credit

Delivered by: School of Finance

Where: Faculty of Economic Sciences

When: 1 year, 1, 2 module

Mode of studies: offline

Open to: students of one campus

Instructors: Galina Besstremyannaya, Ilya Dergunov, Yury Dranev, Madina Karamysheva, Maria S. Kokoreva, Yulia Ovanesova

Master’s programme: Strategic Corporate Finance

Language: English

ECTS credits: 3

Contact hours: 40

Full Syllabus

Abstract

The research seminar is aimed to introduce the master students to the world of research in the area of finance. Research in this area applies specific mathematical and econometrical methods, as well as the perfect data mining skills. The course includes the methodological part and the topic development part. Both parts of the research seminar aim to help students to develop the academic writing skills and a number of soft skills that are useful for a financier (e.g. presentation skills, team work, project management). The first part of research seminar aims at fostering discussion and interaction on some topics as Omitted variable problem, Simultaneity, Measurement error, Selection, Event Studies etc. with examples of Corporate Finance papers. Key recent papers will be selected and discussed among the participants. The objective is to develop the necessary tools and understanding for future identification and implementing in research. Simulation of real conference/seminar format as well as writing of a short literature review will help participants to get the initial core techniques of scientific work. To follow this course the basic courses of finance and microeconomics are the prerequisites.

Learning Objectives

To provide the student with proper tools and skills for starting their own research in the area of finance.

Expected Learning Outcomes

To be able to formulate and verify his or her own research question
To be able to structure a research paper, formulate research question, write abstract
Students will learn how to use the main databases of academic sources available through the HSE library.
To be able to retrieve data from open statistical databases, archives, and other public sources.
Deal with a number of econometric problems frequently faced in financial research (including Omitted variable problem, Simultaneity, Measurement error, Selection Bias).
To demonstrate the ability to write valid and understandable research proposal.
This course will prepare students to write proposals for their diploma topics.

Course Contents

Introduction to research questions choice
Cross-section of stock returns in research
Online resources on advanced econometrics
Replication papers and resources for replications
Event study in finance
Econometrics problems in finance
Research proposal
Master classes on using databases

Assessment Elements

Assignment by Yulia Ovanesova
Домашнее задание по тематикам семинаров. Презентации самостоятельных исследований
Assignment by Galina Besstremyannaya
Домашнее задание по тематикам семинаров. Презентации самостоятельных исследований
Assignment by Madina Karamysheva
Assignement by Maria Kokoreva
Обзор литературы
Домашнее задание по тематикам семинаров. Презентации самостоятельных исследований
Репликация статьи
Домашнее задание по тематикам семинаров. Презентации самостоятельных исследований
Посещение семинаров
Презентация ВКР (предзащита)

Interim Assessment

2022/2023 2nd module
0.25 * Assignement by Maria Kokoreva + 0.25 * Assignment by Galina Besstremyannaya + 0.25 * Assignment by Yulia Ovanesova + 0.25 * Assignment by Madina Karamysheva

Course Syllabus