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Department of Finance

How to contact us

Department of Finance
Room OLD 3.06
London School of Economics and Political Science
Houghton Street
London WC2A 2AE

Tel: +44 (0)20 7955 7736
Fax: +44 (0)20 7242 1394

General enquiries: Contact the Department|

Welcome to the LSE Department of Finance. We enjoy a pre-eminent reputation for the excellence of our teaching and research in finance and our diverse faculty and student body come from across the globe, providing a rich environment in which to research and study. Read more.|
City of London|

LSE Finance Publishes Employment Report 2014|

The latest graduate destination data taken from the 2013/14 class profile, shows that the majority of full-time students have entered analyst level positions, with 55% specifically employed in the Investment Banking industry. The success of students in the job market is demonstrated by the top 5 employers, which were found to be JP Morgan, Credit Suisse, RBS, Deutsche Bank and Barclays Capital, amongst this cohort. Read more|.

 
LSE

Five new Finance faculty members announced for 2015/16|

The Department of Finance is pleased to welcome five new members of faculty for the 2015/16 academic session, who will contribute to both our research profile and teaching excellence. Ashwini Agrawal, Dirk Jenter, Peter Kondor, Martin Oehmke and Hongda Zhong join LSE from NYU Stern, Stanford, the Central European University, Columbia Business School and the Carlson School of Management respectively. Read more|.

 
LSENABbubbles|

8th Annual Paul Woolley Centre Conference - apply to attend|

The 8th annual Conference of the Paul Woolley Centre for the Study of Capital Market Dysfunctionality will take place at the London School of Economics on 4-5 June 2015, providing an excellent opportunity to disseminate research and stimulate new ideas on the broad themes of contracts and organisational structure, market frictions and asset prices, allocative efficiency and the macro-economy, and policy implications. More information / apply to attend|.

 
Juanita Gonzalez-Uribe|

LSE Finance academic awarded Leverhulme research funding|

Dr Juanita Gonzalez-Uribe|, an Assistant Professor of Finance at LSE, has been awarded research funding by the British Academy. The project, entitled Lobbying and FDA Drug Approval, is co-authored with Lora Dimitrova (Exeter) and Pat Akey (University of Toronto). The Leverhulme grants support outstanding academics based in the UK.

 
Robert Shiller|

Public Lecture: Irrational Exuberance: as relevant as ever|

Professor Robert J Shiller. 1 June 2015, 6.30-8pm

Nobel-prize winner Robert Shiller cautions that irrational exuberance among investors has only increased since the financial crisis. The post-subprime boom may turn out to be another illustration of Shiller's influential argument that psychologically driven volatility is an inherent characteristic of all asset markets. Read more / book tickets|.

 
Andrew Palmer|

Systemic Risk Centre Public Lecture: The Root of all Good|

Andrew Palmer. 28 April 2015, 6.30-8pm

Andrew Palmer (Head of Data Journalism, The Economist) is to speak on the way in which finance distorts behaviour and destroys economies, but also solves society's biggest problems. The event, to be chaired by the Department of Finance's Andrea Vedolin|. Read more|.

 
Olsen|

Systemic Risk Centre Public Lecture: Integrating Financial Stability and Monetary Policy Analysis|

Øystein Olsen. 27 April 2015, 6.30-8pm

The Governor of Norges Bank, one of few central banks where the risk of a build-up of financial imbalances has played an explicit role in monetary policy, discusses his experiences in the role. Read more|.

 
Axelson|

Dr Ulf Axelson Awarded Brattle Group Distinguished Paper Prize|

The Department of Finance is pleased to announce that Dr Ulf Axelson has been awarded the 2014 Brattle Group Distinguished Paper Prize at the AFA meeting in Boston for his paper "Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts" (co-authored with Tim Jenkinson, Per Strömberg, and Michael Weisbach). Read more.|

 
OldBuildingNight

LSE ranked first in the UK for Business and Management Studies|

We are delighted to announce that the Research Excellence Framework 2014 has ranked LSE as the UK leader for Business and Management Studies. This subject division is a joint submission by Finance, Accounting and Management departments at LSE, and the rating highlights the outstanding level of academic research produced by the department. Read more|.

 

 

Dasgupta|

How Activist Wolf Packs Work|

Wall Street Journal, 19 February 2015

New research by the LSE's Dr Amil Dasgupta| and co-authors, shows how investors collectively accumulate big stakes and act together without actually coordinating, as discussed in the Wall Street Journal's Morning Risk Report. See the full paper here.|

 
Vayanos

Risk-return relationship has been upended|

Financial Times, 6 November 2014

The idea that higher risk investments, in the long run, deliver better returns is a cornerstone of market theory - but research from LSE's Dimitri Vayanos shows that in practice, in recent decades at least, low-risk stocks outperform riskier ones. Read more|.

 
Moqi Xu

CEOs time news to boost stock prices when they sell equity|

Financial Times, Bloomberg TV, Wall Street Journal, DiePresse.com

Dr Moqi Xu| demonstrates how chief executives store and time positive press releases to coincide with their own sales of shares, and thereby reap the rewards of short-term increases in price and trading volume. Read more|.

 
Vayanos|

Double agents: the way investors choose fund managers may cause anomalies in the markets|

The Economist, 13 September 2014

Most financial assets these days are not held directly by investors but by professional fund managers on their behalf. That separation may explain a couple of anomalies that undermine belief in the efficiency of markets. Featuring research by LSE's Dimitri Vayanos. Read more|.

 
Professor Christopher Polk|

Beat the professionals: how private investors can take on the City and win|

Investors Chronicle, 25 April 2014

Article references a study of US fund managers by the LSE’s Christopher Polk and colleagues, which found that even the typical fund manager - let alone the star performer - has a handful of stock picks that beat the market; but the typical fund doesn't beat the market.
 

Jon Danielsson, Reader in Finance, offers his thoughts on the crisis, regulation and financial risk in his Risk Research blog|  

Student Services Centre
Considering postgraduate study in Finance?|

The Department of Finance offers five specialist taught masters programmes, which offer students the opportunity to study with internationally acknowledged experts in the subject area. We also run a formalised PhD programme. Read about our programmes|.

Planning to apply for MSc Finance (Full-time) or MSc Finance & Private Equity? **Important Information**|

 
Gherkin

MSc Finance Part-time Programme|

The Department of Finance offers LSE's only masters programme taught in the evening. The MSc Finance (Part-time) evening programme provides a unique opportunity to comine a full-time career with a world-class masters in finance programme that is grounded in academic depth and rigour. See our Prospective Students| pages for more details.

 

MSc Finance Part-time Information Evenings|

Information Evenings are held throughout the year for students interested in applying to the MSc Finance (Part-time) programme. The evenings give prospective applicants the opportunity to listen to a series of presentations about the programme, to experience a sample lecture, and to speak individually to current students and staff involved with the programme. Find out more and register|.

The following PhD students are entering the 2014/15 job market. Full profiles can be accessed below:

Shiyang Huang|

Wendy Yan|

Svetlana Bryzgalova|

For information on past job market candidates please click here|.

 
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Systemic Risk Centre|
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