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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.|
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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|.

 
Daniel Ferreira

Public Lecture - LSE Works 2015|Corporate Boards: facts and myths|

Speaker: Professor Daniel Ferreira|

Corporate Boards are a central part of a firm’s governance structure, and receive regulatory attention in the attempt to improve firm performance. But what do we really know about them?
15th January 2015, 6:30pm, Hong Kong Theatre, LSE
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Moqi Xu|

CEOs time news to boost stock prices when they sell equity, according to research by LSE’s Moqi Xu|

Dr Moqi Xu|’s new working paper, Strategic News Releases in Equity Vesting Months|, 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. The topical story has been picked up by the international press, including the Financial Times. Read more|.

 
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Professor Dimitri Vayanos elected Fellow of the British Academy|

We are delighted to announce that Professor Dimitri Vayanos| of the LSE Department of Finance has been elected a Fellow of the British Academy|. This prestigious honour is bestowed on the most distinguished academics from a range of fields. Professor Vayanos was one of only 42 UK-based Fellows chosen this year – and one of only two economists. Read more|.

 
Vedolin|

ESRC Future Research Leaders grant for LSE academic|

Andrea Vedolin|, Assistant Professor of Finance at LSE, has been awarded a major research grant designed to enable outstanding early-career social scientists to become the future world leaders in their field.

The £312’000 of funding from the ESRC will support work entitled ‘Aggregate Duration Risk’. Read more|.

 
Professor Daniel Ferreira|

Video: The Takeover Code and the Battle for AstraZeneca|

In the aftermath of Pfizer’s failed takeover attempt, Professor Daniel Ferreira | interviewed Professor David Kershaw|, an expert on UK takeover rules, about the role of such rules on the outcome of the proposed deal. Both Daniel and David are members of Corporate Governance at LSE.| The video is available to view online 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.
 
Vayanos|

Asset prices: Not fully inflated|

The Economist, 7 December 2013

Many investments are becoming expensive, but there is little sign of the mania that accompanies most bubbles. Article features research by LSE's Dimitri Vayanos. Read more|.

 
Jon Danielsson

Solvency II: Three Principles to Respect|

voxeu.org, 21 October 2013

After a long, drawn out process, the European legislation on prudential rules for insurance companies (Solvency II) reaches a final decision. Jon Danielsson examines the importance of this legislation that will dictate capital regulation for insurers. Read more|.

 

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**|

 
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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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