FIN 604 – Stata in Finance

General Information

The topic of this course is the practical application of the statistics program “Stata” in Finance research. The course contains three major sections: How to use Stata, an introduction to the usage of the most common databases in Finance at this university, and an application example. In the first section, we will introduce project and data management with Stata. In addition, we will teach estimation techniques and programming basics. In the second section, we will show where to get access to common datasets in Finance research. In the last section, students will have the chance to apply their knowledge to a practical example.

Learning Outcomes:

  • Prepare students with practical methods for conducting empirical Finance research
  • Students learn how to load, manipulate, and evaluate data using Stata
  • Students learn where they can access popular databases used in Finance at the University of Mannheim


Dr. Stefan Scharnowski

Dr. Stefan Scharnowski

University of Mannheim
Business School
L 9, 1–2 – Room 510
68161 Mannheim
Phone: +49 621 181–1521
Fax: +49 621 181–1519
E-mail: scharnowski
Web: Personal Website
ORCID iD: 0000-0002-3755-1821
Consultation hour(s):
by appointment

Further Information

  • Time & Venue

    The course FIN 604 will be offered next time in June 2022. More preliminary information on dates and location can be found in the following table. Note that the dates and locations might still change. We communicate important updates and announcements via the forum in the course's Ilias group. Please check it regularly or set an eMail alert.

    Getting to know Stata27.06.9am – afternoonL7, 3-5, Room 158
    Database Manipulation28.06.9am – afternoonL7, 3-5, Room 158

    Estimation & Basic Programming Structures

    29.06.9am – afternoonL7, 3-5, Room 158
    Case Study30.06.9am – 1pmL7, 3-5, Room 158

    Every participant has to make sure to have a working version of Stata installed on their own computer. Stata can be obtained at the University-IT. Please make sure to plan ahead, as the University-IT might be on break when the course starts!

  • Language

    The course is taught in English. All materials and the exam will be in English.

  • Assessment

    The final grade (only pass/fail) will be based on a take home exam. The exam will take place directly after the course. Typically, the exam begins on the last day of class at 2pm and ends the following day at 10pm. Every student taking the course for credit has to register for the final exam (joining the Ilias group is not sufficient).

    The following is preliminary: In the spring semester of 2022, the exam will begin June 30, 2022, at 2pm. You have to hand in your solutions on July 1, 2022, at 10pm the latest.

    There is only one exam date per semester. A second attempt at the exam is hence only possible in the respective following semester.

  • Registration & Access

    For participation in class, registration for the exam in portal 2 is necessary. In addition, the registration form in Ilias (Mandatory Registration Form) needs to be completed. The registration period will start a few weeks before the lectures start, from June 6 to 19. You will find the form in the Ilias group. Only joining the Ilias group or registering in Portal2 is not sufficient, you have to fill in the form and be admitted to the course!

    As there is limited space in the BWL-PC-Pool, the maximum number of participants is limited to 36. Due to the given space restrictions, no extension in the number of participants is possible. In case the number of registrations exceeds the participation limit, a selection process will take place. If admission for the exam and the course is withdrawn, this will be indicated by a remark in the exam registration in portal 2. This process will be completed one day before the start of the tutorial the latest. If there will be more applicants than slots, students will be preferred that are planning to write an empirical seminar thesis in the Finance Area in the same semester.

  • Teaching Evaluations