INVESTOR ATTENTION AND FINANCIAL MARKETS

Time: August 12-16, 2019

Place: Otaniemi, Aalto University School of Business, Espoo

Instructor: Professor Zhi Da (Mendoza College of Business, University of Notre Dame)

NFN Travel Grant: NFN offers travel stipends to PhD students in finance who come from another Nordic university, located outside of Finland. To apply for a travel stipend, please use this this form (rtf), and send the application to nfn (at) aalto.fi.

Lectures: 20 h of lectures. (20 x 45 minutes)

DAY
DATE
TIME
Monday 12.8. 13:15-15:45 & 16:30-18:00  T003, Ekonominaukio 1
Tuesday 13.8. 10:15-11:45 & 13:15-14:45 T003, Ekonominaukio 1
Wednesday 14.8. 10:15-11:45 & 13:15-14:45 T003, Ekonominaukio 1
Thursday 15.8. 10:15-11:45 & 13:15-14:45 T003, Ekonominaukio 1
Friday 16.8. 10:15-11:45 & 13:15-14:45 T003, Ekonominaukio 1

Learning Goal and Objectives: This course offers a doctoral level introduction to “Investor Attention and Financial Markets” by providing an overview of cutting-edge research on the effects of investor attention on investment and corporate decisions, valuations, as well as stock returns. There will be a special focus on disentangling the effects of attention from retail vs. institutional investors. The course aims to inspire and support students in developing research ideas and doing research of their own in this field. More detailed information on the course content will be provided closer to the start of the course.

Syllabus: PDF

Lecture Notes: PDF

Password for opening the course material will be e-mailed to the participants.

Credit units: 6 ECTS cr.

List of Participants: PDF

Participants: Doctoral students in finance. The course is also open for KATAJA as well as FDPE students with sufficient background in finance and/or economics. The course is also open for foreign doctoral students given that there is space in the course.

EXAMination

Grading: The whole course comprises two parts (closed book exam and term paper). The total points of the course are 100, and in order to pass the course one needs at least 40% of the points (i.e., 40 points). In addition, one has to get at least 40% of the points from both the written exam and the term paper. That is, the minimum requirement is 24 points from the exam and 16 points from the term paper. The grading of the course will be based on

  • A written examination (60% weight)
  • Term paper (40% weight)

Term paper deadline: Thursday September 26, 2019. Please return the assignment directly to Professor Da by e-mail. Please respect the deadline promptly.

Examination date and time: Thursday September 12, 2019 10:00-14:00 in U006 (School of Business, Ekonominaukio 1). Please register through this link.

If you wish to take the exam in your home university (other than GSF member university), please see instructions below.

Examination places:
Otaniemi: Aalto University School of Business
Vaasa: University of Vaasa
Oulu: University of Oulu, Department of Economics
Lappeenranta: Lappeenranta University of Technology
Turku: University of Turku, Turku School of Economics
Other locations: Doctoral students in other universities are requested to inform GSF by sending an e-mail to gsf@aalto.fi if they wish to take the exam in their home universities. The exam can be taken abroad where suitable exam supervision can be arranged. Please note that the exam must be written in presence of an exam supervisor. Thus, please submit the name of the exam supervisor at least 14 days before the examination.  Possible payment and arrangements for supervision should be made by the student.

Please note: No retake exam will be offered for any reason (beyond your control or not). However, the exam can be taken abroad where suitable exam supervision can be arranged. Possible payment and arrangements for supervision should be made by the student. In case you wish to take the exam abroad, please contact GSF by sending an e-mail to gsf@aalto.fi at least 14 days before the examination. 

Registration / Application

 

  • Doctoral students of GSF and FDPE (finance & economics): Please register through this link.
  • Doctoral students in related fields and doctoral students at foreign universities: Application form can be found here: PDF file or Word file. Please, send in addition to your complete contact information, a report on the status of your doctoral studies, and a brief CV. Please ask also your thesis advisor to send us a short letter of recommendation by-email. All the required documents should be sent by e-mail to gsf@aalto.fi. All applicants will be informed of their acceptance soon after the deadline.

The registration deadline for this course is August 1, 2019.