Objectivism and subjectivism

BAC 906



Finance Seminar

, Expected Learning outcomes

 Critically appraise empirical and theoretical
literature in finance by undertaking various types of
appraisals;
 Methodologically appraise journal papers, seminal
articles and other academic material;
 Theoretical appraisal of journal papers, seminal
articles and other academic material;
 Conceptual appraisal of journal papers, seminal
articles and other academic material;
 Identification of empirical and theoretical
literature gaps in journal papers

, Course Outline
1. Finance research philosophies;
2. Research designs in finance;
3. Review of journals in finance and critique of
methodology used;
4. Theoretical literature gaps;
5. Methodological perspectives in accounting and
finance
a) Probit model,
b) Logit model,
c) Panel analysis,
d) Multiple regression,
e) Events study Heckman selection method,
f) Data Envelope analysis,

, Course evaluation
Participation and presentation 10%
Written article reviews 10%
Assignments 20%
Final Examination 60%
Total 100%
COURSE JOURNALS




Review of Asset Pricing Studies Journal of Banking and Finance
Journal of Monetary Economics Journal of Applied banking and Finance
Review of Economics and Statistics Review of Empirical Finance
Quarterly Journal of Economics and Finance Journal of Business
Journal of Economic Theory Journal of International Business
Journal of Finance Journal of Economics and Business
Journal of Financial Economics Journal of Policy Modeling
Review of Financial Studies Review of Development Finance
Merton, Robert C. (1973): An Intertemporal
Capital Asset Pricing Model, Econometrica 41,
867-87.