FINANCE RESEARCH METHODOLOGY

Année du cours : 1 année(s)

Etablissement : IÉSEG School of Management

Langue : English

Période : S1

Bachelor level knowledge related to finance (corporate finance and financial markets), as well as mathematics and econometrics.

At the end of the course, the student should be able to:

-Master the appropriate techniques and display expertise in finance (AACSB Learning Objective)
-Design a research project in finance that follows the hypothetico-deductive method
-Write a relevant problem statement for a master thesis
-Search for information from the academic literature on a given topic, and write a literature review
-Determine an appropriate conceptual framework related to the thesis topic, and formulate hypotheses that are potential solutions to the problem statement
-Empirically test financial theories using econometric methods and specialized computer software, especially:
-The Capital Asset Pricing Model and related factor models applied to stock returns
-The trade-off theory of capital structure applied to French companies

The purpose of this course is learn objectivity and rigor in writing professional reports in the fiels of finance. In practice, this course helps to prepare for the master thesis in finance.
1) What is the hypothetico-deductive research method in the field of finance?
2) What is academic literature, how to search for literature, and how to write a literature review?
3) Overview of theories in the field of corporate finance and market finance, and test the validity of these theories with real world data
4) How to define hypotheses that lead of an empirical evaluation of a research problem?