Topics: In this class, we will look at financial economics from the perspective of microeconomics as well as macroeconomics. Furthermore, we will discuss policies related to current topics in financial economics. 

Date: tbd

Assessment and contribution to module mark: written exam

Credits: 4 SWS / 6 CPs

Lecturer: Prof. Dr. Maria Lehner

This course contains additional material on how to research and write a scientific paper. This will be in particular helpful for those IBF students who did not write a Bachelor thesis during their undergraduate studies.

"Financial Market Decisions" is a 6 ECTS/4 contact hours mandatory module in the first semester of our International Business and Finance master programme. Students understand the essentials of mathematical decision theory as well as the psychological aspects of market participant behavior. They critically reflect the concepts for performance and risk measurement which are used to support decision taking in financial markets. They understand how to implement the concepts with real market data in the programming language R.

We will have face-2-face classroom sessions on Tuesdays from 11.40 am to 1.10 pm and from 2 pm to 3.30 pm and some virtual meetings in Zoom on Wednesday mornings from 8 to 9.30 am. For details please refer to the syllabus.

Your grade will be determined by a final exam. Bonus points (in total up to 40%) towards the final exam may be earned via

  • DataCamp certificates for online self-study (10%) - each 4- to 5-hour certificate contributes 1 percentage point
  • a research paper on a historical case of market failure (20%) and
  • the presentation of your paper (10%) in December.

Datacamp certificates are due on January 19th, 2027. Due date for the seminar paper is January 19th, 2027, for the presentation slides January 11th, 2027 (prior to the presentations).