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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.
Professor Sudipto Bhattacharya

New Scholarship Announced in Memory of Professor Sudipto Bhattacharya

The Department of Finance is very pleased to launch a small number of scholarships covering full fees for the MSc Finance and Economics. Scholarships will be awarded on the basis of academic merit, and have been set up in memory of the late Professor Sudipto Bhattacharya, who taught many MSc Finance and Economics students over the years. Read more.

 

 
Robert Shiller

Event video: Irrational Exuberance: as relevant as ever

Nobel Prize-winning economist Robert Shiller cautions that irrational exuberance among investors has only increased since the financial crisis, and explores whether the post-subprime boom may turn out to be another illustration of his influential argument that psychologically driven volatility is an inherent characteristic of all asset markets.

This public lecture was recorded at LSE and Chaired by Professor Christopher PolkWatch now.

 
Vayanos

Professor Dimitri Vayanos wins Best Paper Award

Professor Dimitri Vayanos, along with co-authors Andrea Buffa (Boston University) and Paul Woolley (also London School of Economics), have received the Best Paper Award in Asset Pricing at the 2015 SFS Finance Cavalcade conference, for their joint paper “Asset Management Contracts and Equilibrium Prices”. The winners were announced at an Awards Reception on May 19. Read more.

 
Ulf Lecture

Six Department of Finance Staff Recognised for Teaching Excellence

We are pleased to announce that Ulf Axelson has been awarded with an LSE Teaching Award, along with five Department of Finance winners of the LSE Class Teacher Award. James Clark, Alex Clymo, Alexander Koriath, Paula LopesLuana Zaccaria have each been recognised for their particular contribution to class teaching at LSE. These annual awards celebrate those who have made a significant contribution to teaching at the School, and therefore we are extremely proud to have had another strong year. 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.

 

 

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 Department of Finance is pleased to announce that our 2014/15 PhD job market candidates have accepted the following positons:

 

Shiyang Huang – Assistant Professor of Finance, University of Hong Kong

Wendy Yan – Economist, Bank of England

Svetlana Bryzgalova – Assistant Professor of Finance, Stanford

 

We would like to congratulate these candidates, and wish them all the best in their new roles.

 

For information on past job market candidates please click here.

 
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Systemic Risk Centre
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