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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.|
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|.

 
Vayanos|

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.|

 
Yuan|

Finance academic wins ERC grant|

Kathy Yuan| of the Department of Finance has been awarded a European Research Council (ERC) Consolidator Grant| in relation to systemic risk. The ERC is providing close to €700k for the project over 3 years until May 2017. The aim of the project is to identify new ways to consider and measure systemic financial risks and, more importantly, the linkages between the financial risks and the real economy, and the welfare consequences. Read more|.

 
LSE|

Five Department of Finance staff recognised for teaching excellence|

We are pleased to announce the names of five winners of LSE Class Teacher Awards from the Department of Finance. Panos Couzoff|, Milan Martinovic|, John Kuong|, Adrien de Boisanger, and Kevin Long have been recognised for their outstanding contribution to teaching at LSE. 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. Featureing 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|.

 
Danielsson

Towards a more procyclical financial system|

voxeu.org, 6 March 2013

Jon Danielsson argues that heterogeneity is in fact a good thing, leading to countercyclicality and reducing instances of procyclical price movements - despite both the Basel Committee and the European Banking Authority indicating that heterogeneity is a problem. 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**|

 
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|.

We would like to congratulate our 2013/14 PhD students for their success in the job market:

Jason Donaldson| - Assistant Professor, Olin Business School, Washington University in St Louis 

Christian Von Dranthen| - Assistant Professor, University of Texas at Dallas (UTD)

John C.F. Kuong| - Assistant Professor, INSEAD

Jing Zeng| - Assistant Professor, Frankfurt School of Finance and Management

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

 
FMG logo|
Systemic Risk Centre|