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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.|

Dr Jon Danielsson

Dr Jon Danielsson features at conference co-hosted by the LSE's Systemic Risk Centre|

Echoing a recent article he co-authored at VoxEU|, Dr Danielsson| argued that in order for an EU capital markets union to succeed, EU and national authorities will need to "embrace disruptive technologies" and adapt their regulatory systems.

The conference, organised by the Systemic Risk Centre and Goldman Sachs, brought together leaders in banking, regulation, government and academia to discuss the potential for a union. Read more.|

 
Dasgupta

In the press: How Activist Wolf Packs Work|

Recent 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 today's Morning Risk Report in the Wall Street Journal|.

Dr Dasgupta's paper, entitled 'Wolf Pack Activism', was written in collaboration with Alon Brav (Duke University) and Richmond D Mathews (Maryland). See the full paper here|.

 
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Applications open to register for the 2015 Adam Smith Workshops in Asset Pricing and Corporate Finance|

We are pleased to announce that the Adam Smith Workshops in Asset Pricing and Corporate Finance will take place at LSE on 20th and 21st March 2015. Bringing together leading scholars in the field, the Adam Smith Workshops are organised jointly by the LSE, Saïd Business School, Oxford-Man Institute of Quantitative Finance, London Business School, and CEPR. See full programme and apply to attend|.

 
The City|

Public lecture video: A Conversation on Central Banking|

Lord Mervyn King, former Governor of the Bank of England, and Sir Alan Budd, former Chairman of the Office for Budget Responsibility, look back at central developments in Banking over the last two decades. Watch now|.

 
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.|

 
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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|.

 

 

 

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 today's Morning Risk Report in the Wall Street Journal. 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**|

 
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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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