FIN 740: Corporate Finance Seminar

The purpose of this seminar is to prepare students for an empirical master thesis in the field of Corporate Finance. Students will replicate a published empirical research paper in corporate finance, extend it, e.g., by refining the analysis or extending the data set, and present their results. Students will get acquainted with a range of research topics in empirical corporate finance and study one topic in depth. In the process, they will learn a range of econometric methodologies that are applied in research in empirical corporate finance.

Learning outcomes
At the end of the course, students will be familiar with the statistics software Stata and have learned to use commercial finance databases such as Worldscope, Datastream, CRSP, Amadeus, or Zephyr. In addition, they will have gained access to state-of-the-art methods and current topics in empirical Corporate Finance.

Necessary prerequisites
Participants must have successfully completed one core course (FIN 5XX) from the Finance area.

Recommended prerequisites
We recommend that students take CC 502 to obtain basic knowledge of statistics and econometrics. This will become a necessary prerequisite from HWS 2023 on. If places are scarce, preference will be given to students who also have completed Corporate Finance I (cases, FIN 541) or Corporate Finance II (FIN 640), or both.

Forms of teaching and learningContact hoursIndependent study time
Seminar2 SWS15 SWS
ECTS credits6
Graded yes
Form of assessmentParticipation (15%), oral presentation (15%), seminar paper (70%)
Restricted admissionyes
Further informationWebsite of the Chair
Performing lecturer
Prof. Ernst Maug, Ph.D.
Prof. Ernst Maug, Ph.D.
Frequency of offeringSpring semester
Duration of module 1 semester
Range of applicationM.Sc. MMM, M.Sc. Bus. Edu.
Preliminary course work
Program-specific Competency GoalsCG 4
Course outlineIn each session, students will present one replication study of a published research paper and discuss their findings. The list of papers will be disclosed nearer towards the time.