Seminar Msc Fin Presentation 20132014
Content
Seminar
Master in Finance
2013-2014
Class-times: Thursdays 18.00-19.30
Classroom: Room AF22 (FRANCESINHAS 1)
Maria Teresa Medeiros Garcia
Presentation
19th September 2013
1
Outline
•
•
•
•
•
Objectives
Programmatic lines
Regulations
Functioning
Assessment
2
Course Description
• The objective of this course is to introduce you
to some research techniques in finance.
• Topics and fields of research in finance,
research methodology and tools, sources of
data handling, and some computer
programming for finance research are
presented in lectures.
3
Some Bibliography
• Ethridge, D. E. (2004), Research Methodology in
Applied Economics, Second Edition, Blackwell.
• Wooldridge, Jeffery M. (2009), Introductory
Econometrics: A Modern Approach, Fourth
Edition, International Student Edition (Chapter
19 - Carrying Out an Empirical Project).
• Ryan, Bob, Scapens, Robert W. and Theobold,
Michael (2002), Research Method and
Methodology in Finance and Accounting,
Copyright 2009 Cengage Learning.
4
Objectives
To understand how to find and conduct a research
problem to do the Master’s Final Work (MFW).
To learn how to organize, develop and write a Literature
Review.
To learn how to organize, develop and write Master’s Final
Work.
To prepare for the viva voce examination of the MFW .
To prepare for publications and public presentations.
5
Programmatic lines
-
Research methodology in applied economics and finance;
Types of final work to the Master Degree;
Finding a research problem;
Literature review and how to deal with literature review;
Databases;
Methods and Procedures;
How to organize and write a final work project;
Presentation and discussion of final work project;
Preparing for the viva voce examination of final work;
Publications and presentations;
Ethics in research.
6
Quantitative Financial database
• Datastream With Datastream's vast reserves of
historical financial content, you can research the
correlations and relationships between global economic
indicators and asset classes.
(http://thomsonreuters.com/products_services/financia
l/financial_products/a-z/datastream/)
• Amadeus A database of comparable financial
information for public and private companies across
Europe. Amadeus includes standardised annual
accounts (consolidated and unconsolidated), financial
ratios, sectoral activities and ownership data. The
database is suitable for research on competitiveness,
economic integration, applied microeconomics, business
cycles, economic geography and corporate finance.
7
Quantitative Financial database
• BankScope Information on public and private
banks throughout the world.
• The World Economic Outlook (WEO) database is
created during the biannual WEO exercise, which
begins in January and June of each year and
results in the April and September WEO
publication. Selected series from the publication
are available in a database format.
• OECD statistics (http://www.oecd.org/statistics/ )
8
Statistical software
• Stata is a general-purpose statistical software package
created in 1985 by StatCorp. It is used by many
businesses and academic institutions around the
world. Most of its users work in research, especially in
the fields of economics, sociology, political science and
others.
• EViews (Econometric Views) is a statistical package for
Windows, used mainly for time-series oriented
econometric analysis. It is developed by Quantitative
Micro Software (QMS), now a part of IHS. Version 1.0
was released in March 1994, and replaced MicroTSP.
The current version of EViews is 7.2, released in Nov
2011.
9
Bibliographic database
• A bibliographic database is a database of bibliographic
records, an organized digital collection of references to
published literature, including journal and newspaper
articles, conference proceedings, reports, government and
legal publications, patents, books, etc. In contrast to library
catalogue entries, a large proportion of the bibliographic
records in bibliographic databases describe analytics
(articles, conference papers, etc.) rather than complete
monographs, and they generally contain very rich subject
descriptions in the form of keywords, subject classification
terms, or abstracts.
• A bibliographic database may be general in scope or cover a
specific academic discipline. A significant number of
bibliographic databases are still proprietary, available by
licensing agreement from vendors, or directly from the
abstracting and indexing services that create them.
10
List of academic databases and search
engines (Examples)
• EconLit The American Economic Association's
electronic database, the world's foremost source of
references to economic literature.
• JSTOR: Journal Storage
• NBER: National Bureau of Economic Research
• RePEc: Research Papers in Economics
• ScienceDirect
• Scopus
• Elsevier[108]SearchTeam
• SSRN: Social Science Research Network
• Web of Science
11
Regulations
REGULATIONS FOR MASTERS DEGREES AT ISEG
Article 3
(Objectives, professional outlets and study programme)
4 - Types of MFW
The award of a Masters degree presupposes a final work which can be one of
the following:
a) Dissertation of a research nature;
b) Project work;
c) Report on an internship.
The Scientific and Pedagogical Committee (SPC) is responsible for defining the
type of MFW that is acceptable for each Masters. In the case of more than
one type being admissible, it must also establish the decision mechanisms
concerning which MFW is to be attributed to each student.
12
Article 6
(Master’s Final Work)
1 - Definition and objectives
It is the responsibility of the SPC to define the specific
guidelines for the various types of MFW, taking into
account the generic characteristics of each of the
following:
a) Dissertation. A work of research on a theme or
topic within the scope of the programme. It must
include an element of contextualization and critical
discussion of the relevant literature as well as a
theoretical or experimental component which
suggests an innovatory look at the theme or topic
being dealt with.
13
Article 6
(Master’s Final Work)
b) Project Work. A work in the chosen area which integrates
knowledge and skills acquired throughout the programme
with a special emphasis on presenting solutions or
recommendations for practical problems arising from the
programme content. Multi-disciplinary and experimental
aspects will be taken into account, as long as they are backed
up by sound theoretical and methodological practices.
c) Internship Reports. A detailed work of description and
reflection about activities carried out within the sphere of
an internship with an institution approved by the SPC.
Functions exercised and tasks carried out must be fully
described within an appropriate theoretical and
methodological framework. The articulation between the
training and the application of the knowledge acquired must
be explored and explained.
14
Article 6
(Master’s Final Work)
2 - Internship
a) Internship take place in institutions with which ISEG
has established agreements, with the aim of providing
training but excluding any kind of future labour
agreement between the student and the institution.
b) Acceptance of the agreement must be based on each
applicant providing a detailed plan of study, with
starting and ending dates, number of hours and the
appointment of a supervisor from the institution.
c) The training programme must be approved by the SPC
and must be of no less than 400 hours duration.
15
Article 6
(Master’s Final Work)
3 - Orientation
a) Dissertation and project work. The dissertation
and the project work will be under the supervision
of a teacher or a recognized specialist designated
by the SPC. In exceptional cases, and with the
approval of the Scientific Board, a co-supervisor
may be approved by the SPC.
b) Internship report. This report is under the
supervision of the person appointed from within
the institution. In this case the SPC must appoint a
co-supervisor who can be either a teacher or a
recognized specialist.
16
Article 6
(Master’s Final Work)
4 - Format and length of the MFW
The MFW must be presented in a format
established by the Scientific Board. It must be a
maximum of 10,000 words and 35 pages (not
counting appendices, table of contents, index and
bibliographic references). Where there are
appendices, the maximum number of pages is 50,
while maintaining the restrictions laid down for
the main body of the text.
17
Article 6
(Master’s Final Work)
5 - Copies
The MFW must be submitted to academic services in
digital format, accompanied by five printed copies for
the members of the jury.
6 - Enrolment
Only students who have been approved for course units
amounting to at least 50% of the total credits for the
Masters programme are permitted to enroll for the
MFW.
18
Article 6
(Master’s Final Work)
7 - Deadlines
The MFW can only be submitted:
a) After obtaining approval for all the course
units of the Masters course;
b) Up to the end of the academic year of the
respective enrolment. In the event of failing to
do this, students may enroll for the MFW in
the following academic year.
19
Article 6
(Master’s Final Work)
8 - Viva voce panel
A viva voce panel for the assessment of the MFW is designated by the
Scientific Board based on proposals from the SPC and will include the
following members:
a) One member of the SPC, who will preside.
b) The supervisor.
c) The co-supervisor, if applicable.
d) One other teacher or specialist in the area of research or professional
expertise covered by the MFW.
The president of the viva voce panel cannot be either the supervisor or
the co-supervisor of the MFW.
20
Article 6
(Master’s Final Work)
9 - Viva voce examination
Viva voce examination of the MFW will take
place in a public place within 90 days of its
submission and will last for a maximum of 60
minutes to be divided equally between the
viva voce panel and the student.
21
Article 6
(Master’s Final Work)
10 - Deliberations of the viva voce panel
a)
After completion of the viva voce examination the deliberation of viva voce panel can have one of the
following outcomes, arrived at by majority vote:
i) A pass;
ii) A request for reformulation without a repeat of the viva voce;
iii) A request for reformulation with a repeat of the viva voce;
iv) A fail.
b) The deliberation is decided by a majority of the viva voce panel, the president retaining the casting vote.
c) In the event of awarding a pass, the viva voce panel must attribute a mark of between 10 and 20, based on the
average of the marks proposed by each member of the viva voce panel .
d) In the event of requesting reformulation without a repeat of the viva voce the student must submit a new
version of the MFW within 30 days under the conditions outlined in No. 5 above. The final deliberation of the
viva voce panel must take place within 30 days. This deliberation can only be a pass or a fail. In the case of a
pass, it must be within the constraints outlined in c) above.
e) In the event of requesting a reformulation with a repeat of the viva voce the student has 60 days in which to
submit a new version of the MFW under the conditions outlined in No. 5 above. The viva voce must take
place within 30 days. The deliberation of the viva voce panel can only be signified by a pass or a fail. In the
case of a pass it must be within the constraints outlined in c) above.
f) A student who fails in the viva voce may not enroll in the MFW.
g) All deliberations and recommendations will be duly minuted.
22
Article 7
(Final grade)
The final grade for a Masters degree will be the
average, based on the respective credits, of
the grades for the course units of the Masters
course, and the MFW. The grades correspond
to the following: a) sufficient (marks between
10 and 12); b) good (marks of 14 or 15); c)
very good (marks of 16 or 17); d) excellent
(marks between 18 and 20).
23
APPENDIX 1
GENERAL ASSESSMENT REGULATIONS
FOR MASTERS DEGREES
Article 1
(Types of course units for a Masters course)
Course units for the Masters course are
classified in one of two ways: disciplines and
seminars.
24
Article 5
(Seminars)
1. There is an assessment period for each seminar.
2. Assessment is determined by the teacher responsible for
the respective seminar and approved by the SPC.
3. All students enrolled in the seminar have a right to
assessment.
4. In the first week of classes students will have the following
at their disposal:
a) The seminar programme;
b) The rules for assessment;
c) Any other aspect that might be considered relevant for the
good functioning of the seminar.
5. There is no possibility for improvement of the grade.
25
Article 6
(Masters with internship)
1. In the attribution of an internship, students’ preferences
should wherever possible be met.
2. When the host institutions opt for interviewing students,
they have the right to choose prospective participants.
3. Students may do an internship in an institution proposed
by herself/him, as long as this is approved by the SPC.
4. The procedure for the attribution of an internship in the
remaining cases is the following: when there is more than
one candidate for a place, the student with the highest
average mark will be placed, based on marks for all first
year course units. Units without assessment will be
considered as having a mark of 8.
26
Article 7
(Frauds in assessment)
1. Any proven fraud in assessment on course units whether it
consists of copying on written tests or plagiarism in project
and other work must be communicated to the SPC by the
teacher responsible for the respective course unit.
2. Any proven fraud on the MFWs, such as plagiarism, must be
communicated to the SPC by the respective supervisor.
3. Proven fraud implies the annulment of enrolment in the
Masters degree with no refund of fees paid and a prohibition
on future enrolment at ISEG.
4. Students can appeal for this decision, with suspension of
consequences mentioned in No. 3.
5. Any appeal decision rests with a committee of independent
teachers especially appointed by the president of ISEG.
27
Functioning
See Seminar schedule
Seminar - MSc in Finance 2013-2014
Class-times: 18.00-19.30 Thursday
Number Date Classroom
Lecturer
Themes
1 19. 09.13 AF22 (F1)
Teresa Garcia
Presentation
2 26.09.13 AF4 (F1)
Vítor Escária
C: Quantitative financial databases and use of statistical software
3 03.10.13 AF4 (F1)
Eduardo Couto
D: What is a Project work and a Report on an internship?
4 10.10.13 AF4 (F1)
Luís Costa
A: What is a Master Science Dissertation ?
5 17.10.13 AF4 (F1) Miguel St. Aubyn
B: Bibliographic databases
6 24.10.13 AF22 (F1)
Amélia Branco
"Patterns of Lisbon Stock Market prices (1870-1910): returns and volatility"
7 31.10.13 AF22 (F1) Elsa Fontainha
"Entrepreneurial Finance and Household Finance: some empirical research topics and databases"
8 07.11.13 AF22 (F1) Nicoletta Rosati "Econometric models of consumer's behaviour: two case studies on expenditure choice"
9 14.11.13 AF22 (F1) Tiago Cardão Pito "Talking about financial and economic crisis, an introduction to the reading of
Carmen M. Reinhart and Kenneth S. Rogoff's "This Time Is Different: Eight Centuries of Financial Folly", Princeton University Press, 2009"
10
11
12
13
21.11.13
28.11.13
05.12.13
12.12.13
AF22 (F1) Cândida Ferreira
AF22 (F1)
Rita Sousa
AF22 (F1)
Pedro Neves
AF22 (F1) João Carvalho das Neves
"Bank performance and economic growth: evidence from panel Granger causality estimations"
"A stock price index of Lisbon Stock Exchange (1870-1913)"
"Law and finance"
"Health financing for universal coverage"
28
Seminar Assessment
The Seminar is a necessary condition to Master’s Final
Work (MFW ).
Positive assessment depends on attendance of at least
10/13 Seminar sessions.
Attention
The University views plagiarism very seriously, and will
take disciplinary actions against students for any kind
of attempted malpractice in examinations and
assessments. The penalty that may be imposed for
this, and other unfair practice in examinations or
assessments, includes suspension from the University.
29
IMPORTANT DEADLINES
Masters - 2013/2014
•
31 st January 2014: Submission of Masters Final Work proposal
•
This is the preliminary phase of MFW writing, so the students are compulsory to get their
MFW proposals accepted by the SPC.
•
The proposal requires the great attention of the writer.
This is a brief sketch of your proposal samples:
Title – Title of dissertation proposal
Abstract – a short explanation of the complete dissertation proposal
Table of Contents – state page number of sections & sub-sections
Chapter I – Introduction of the dissertation proposal, objectives of study and importance of
dissertation proposal
Chapter II –it would be the literature review of relevant studies
Chapter III – research methodology of the exact topic with selection criterion
References –relevant References of the information sources
Appendices – includes the interviews, charts, Pictures, questionnaires, survey forms, etc
30
IMPORTANT DEADLINES
Masters - 2012/2013
• 7th March 2014: Enrolment in Final Masters
Work
• 30th September 2014: Submission of the Final
Masters Work
31
Master in Finance
2013-2014
Class-times: Thursdays 18.00-19.30
Classroom: Room AF22 (FRANCESINHAS 1)
Maria Teresa Medeiros Garcia
Presentation
19th September 2013
1
Outline
•
•
•
•
•
Objectives
Programmatic lines
Regulations
Functioning
Assessment
2
Course Description
• The objective of this course is to introduce you
to some research techniques in finance.
• Topics and fields of research in finance,
research methodology and tools, sources of
data handling, and some computer
programming for finance research are
presented in lectures.
3
Some Bibliography
• Ethridge, D. E. (2004), Research Methodology in
Applied Economics, Second Edition, Blackwell.
• Wooldridge, Jeffery M. (2009), Introductory
Econometrics: A Modern Approach, Fourth
Edition, International Student Edition (Chapter
19 - Carrying Out an Empirical Project).
• Ryan, Bob, Scapens, Robert W. and Theobold,
Michael (2002), Research Method and
Methodology in Finance and Accounting,
Copyright 2009 Cengage Learning.
4
Objectives
To understand how to find and conduct a research
problem to do the Master’s Final Work (MFW).
To learn how to organize, develop and write a Literature
Review.
To learn how to organize, develop and write Master’s Final
Work.
To prepare for the viva voce examination of the MFW .
To prepare for publications and public presentations.
5
Programmatic lines
-
Research methodology in applied economics and finance;
Types of final work to the Master Degree;
Finding a research problem;
Literature review and how to deal with literature review;
Databases;
Methods and Procedures;
How to organize and write a final work project;
Presentation and discussion of final work project;
Preparing for the viva voce examination of final work;
Publications and presentations;
Ethics in research.
6
Quantitative Financial database
• Datastream With Datastream's vast reserves of
historical financial content, you can research the
correlations and relationships between global economic
indicators and asset classes.
(http://thomsonreuters.com/products_services/financia
l/financial_products/a-z/datastream/)
• Amadeus A database of comparable financial
information for public and private companies across
Europe. Amadeus includes standardised annual
accounts (consolidated and unconsolidated), financial
ratios, sectoral activities and ownership data. The
database is suitable for research on competitiveness,
economic integration, applied microeconomics, business
cycles, economic geography and corporate finance.
7
Quantitative Financial database
• BankScope Information on public and private
banks throughout the world.
• The World Economic Outlook (WEO) database is
created during the biannual WEO exercise, which
begins in January and June of each year and
results in the April and September WEO
publication. Selected series from the publication
are available in a database format.
• OECD statistics (http://www.oecd.org/statistics/ )
8
Statistical software
• Stata is a general-purpose statistical software package
created in 1985 by StatCorp. It is used by many
businesses and academic institutions around the
world. Most of its users work in research, especially in
the fields of economics, sociology, political science and
others.
• EViews (Econometric Views) is a statistical package for
Windows, used mainly for time-series oriented
econometric analysis. It is developed by Quantitative
Micro Software (QMS), now a part of IHS. Version 1.0
was released in March 1994, and replaced MicroTSP.
The current version of EViews is 7.2, released in Nov
2011.
9
Bibliographic database
• A bibliographic database is a database of bibliographic
records, an organized digital collection of references to
published literature, including journal and newspaper
articles, conference proceedings, reports, government and
legal publications, patents, books, etc. In contrast to library
catalogue entries, a large proportion of the bibliographic
records in bibliographic databases describe analytics
(articles, conference papers, etc.) rather than complete
monographs, and they generally contain very rich subject
descriptions in the form of keywords, subject classification
terms, or abstracts.
• A bibliographic database may be general in scope or cover a
specific academic discipline. A significant number of
bibliographic databases are still proprietary, available by
licensing agreement from vendors, or directly from the
abstracting and indexing services that create them.
10
List of academic databases and search
engines (Examples)
• EconLit The American Economic Association's
electronic database, the world's foremost source of
references to economic literature.
• JSTOR: Journal Storage
• NBER: National Bureau of Economic Research
• RePEc: Research Papers in Economics
• ScienceDirect
• Scopus
• Elsevier[108]SearchTeam
• SSRN: Social Science Research Network
• Web of Science
11
Regulations
REGULATIONS FOR MASTERS DEGREES AT ISEG
Article 3
(Objectives, professional outlets and study programme)
4 - Types of MFW
The award of a Masters degree presupposes a final work which can be one of
the following:
a) Dissertation of a research nature;
b) Project work;
c) Report on an internship.
The Scientific and Pedagogical Committee (SPC) is responsible for defining the
type of MFW that is acceptable for each Masters. In the case of more than
one type being admissible, it must also establish the decision mechanisms
concerning which MFW is to be attributed to each student.
12
Article 6
(Master’s Final Work)
1 - Definition and objectives
It is the responsibility of the SPC to define the specific
guidelines for the various types of MFW, taking into
account the generic characteristics of each of the
following:
a) Dissertation. A work of research on a theme or
topic within the scope of the programme. It must
include an element of contextualization and critical
discussion of the relevant literature as well as a
theoretical or experimental component which
suggests an innovatory look at the theme or topic
being dealt with.
13
Article 6
(Master’s Final Work)
b) Project Work. A work in the chosen area which integrates
knowledge and skills acquired throughout the programme
with a special emphasis on presenting solutions or
recommendations for practical problems arising from the
programme content. Multi-disciplinary and experimental
aspects will be taken into account, as long as they are backed
up by sound theoretical and methodological practices.
c) Internship Reports. A detailed work of description and
reflection about activities carried out within the sphere of
an internship with an institution approved by the SPC.
Functions exercised and tasks carried out must be fully
described within an appropriate theoretical and
methodological framework. The articulation between the
training and the application of the knowledge acquired must
be explored and explained.
14
Article 6
(Master’s Final Work)
2 - Internship
a) Internship take place in institutions with which ISEG
has established agreements, with the aim of providing
training but excluding any kind of future labour
agreement between the student and the institution.
b) Acceptance of the agreement must be based on each
applicant providing a detailed plan of study, with
starting and ending dates, number of hours and the
appointment of a supervisor from the institution.
c) The training programme must be approved by the SPC
and must be of no less than 400 hours duration.
15
Article 6
(Master’s Final Work)
3 - Orientation
a) Dissertation and project work. The dissertation
and the project work will be under the supervision
of a teacher or a recognized specialist designated
by the SPC. In exceptional cases, and with the
approval of the Scientific Board, a co-supervisor
may be approved by the SPC.
b) Internship report. This report is under the
supervision of the person appointed from within
the institution. In this case the SPC must appoint a
co-supervisor who can be either a teacher or a
recognized specialist.
16
Article 6
(Master’s Final Work)
4 - Format and length of the MFW
The MFW must be presented in a format
established by the Scientific Board. It must be a
maximum of 10,000 words and 35 pages (not
counting appendices, table of contents, index and
bibliographic references). Where there are
appendices, the maximum number of pages is 50,
while maintaining the restrictions laid down for
the main body of the text.
17
Article 6
(Master’s Final Work)
5 - Copies
The MFW must be submitted to academic services in
digital format, accompanied by five printed copies for
the members of the jury.
6 - Enrolment
Only students who have been approved for course units
amounting to at least 50% of the total credits for the
Masters programme are permitted to enroll for the
MFW.
18
Article 6
(Master’s Final Work)
7 - Deadlines
The MFW can only be submitted:
a) After obtaining approval for all the course
units of the Masters course;
b) Up to the end of the academic year of the
respective enrolment. In the event of failing to
do this, students may enroll for the MFW in
the following academic year.
19
Article 6
(Master’s Final Work)
8 - Viva voce panel
A viva voce panel for the assessment of the MFW is designated by the
Scientific Board based on proposals from the SPC and will include the
following members:
a) One member of the SPC, who will preside.
b) The supervisor.
c) The co-supervisor, if applicable.
d) One other teacher or specialist in the area of research or professional
expertise covered by the MFW.
The president of the viva voce panel cannot be either the supervisor or
the co-supervisor of the MFW.
20
Article 6
(Master’s Final Work)
9 - Viva voce examination
Viva voce examination of the MFW will take
place in a public place within 90 days of its
submission and will last for a maximum of 60
minutes to be divided equally between the
viva voce panel and the student.
21
Article 6
(Master’s Final Work)
10 - Deliberations of the viva voce panel
a)
After completion of the viva voce examination the deliberation of viva voce panel can have one of the
following outcomes, arrived at by majority vote:
i) A pass;
ii) A request for reformulation without a repeat of the viva voce;
iii) A request for reformulation with a repeat of the viva voce;
iv) A fail.
b) The deliberation is decided by a majority of the viva voce panel, the president retaining the casting vote.
c) In the event of awarding a pass, the viva voce panel must attribute a mark of between 10 and 20, based on the
average of the marks proposed by each member of the viva voce panel .
d) In the event of requesting reformulation without a repeat of the viva voce the student must submit a new
version of the MFW within 30 days under the conditions outlined in No. 5 above. The final deliberation of the
viva voce panel must take place within 30 days. This deliberation can only be a pass or a fail. In the case of a
pass, it must be within the constraints outlined in c) above.
e) In the event of requesting a reformulation with a repeat of the viva voce the student has 60 days in which to
submit a new version of the MFW under the conditions outlined in No. 5 above. The viva voce must take
place within 30 days. The deliberation of the viva voce panel can only be signified by a pass or a fail. In the
case of a pass it must be within the constraints outlined in c) above.
f) A student who fails in the viva voce may not enroll in the MFW.
g) All deliberations and recommendations will be duly minuted.
22
Article 7
(Final grade)
The final grade for a Masters degree will be the
average, based on the respective credits, of
the grades for the course units of the Masters
course, and the MFW. The grades correspond
to the following: a) sufficient (marks between
10 and 12); b) good (marks of 14 or 15); c)
very good (marks of 16 or 17); d) excellent
(marks between 18 and 20).
23
APPENDIX 1
GENERAL ASSESSMENT REGULATIONS
FOR MASTERS DEGREES
Article 1
(Types of course units for a Masters course)
Course units for the Masters course are
classified in one of two ways: disciplines and
seminars.
24
Article 5
(Seminars)
1. There is an assessment period for each seminar.
2. Assessment is determined by the teacher responsible for
the respective seminar and approved by the SPC.
3. All students enrolled in the seminar have a right to
assessment.
4. In the first week of classes students will have the following
at their disposal:
a) The seminar programme;
b) The rules for assessment;
c) Any other aspect that might be considered relevant for the
good functioning of the seminar.
5. There is no possibility for improvement of the grade.
25
Article 6
(Masters with internship)
1. In the attribution of an internship, students’ preferences
should wherever possible be met.
2. When the host institutions opt for interviewing students,
they have the right to choose prospective participants.
3. Students may do an internship in an institution proposed
by herself/him, as long as this is approved by the SPC.
4. The procedure for the attribution of an internship in the
remaining cases is the following: when there is more than
one candidate for a place, the student with the highest
average mark will be placed, based on marks for all first
year course units. Units without assessment will be
considered as having a mark of 8.
26
Article 7
(Frauds in assessment)
1. Any proven fraud in assessment on course units whether it
consists of copying on written tests or plagiarism in project
and other work must be communicated to the SPC by the
teacher responsible for the respective course unit.
2. Any proven fraud on the MFWs, such as plagiarism, must be
communicated to the SPC by the respective supervisor.
3. Proven fraud implies the annulment of enrolment in the
Masters degree with no refund of fees paid and a prohibition
on future enrolment at ISEG.
4. Students can appeal for this decision, with suspension of
consequences mentioned in No. 3.
5. Any appeal decision rests with a committee of independent
teachers especially appointed by the president of ISEG.
27
Functioning
See Seminar schedule
Seminar - MSc in Finance 2013-2014
Class-times: 18.00-19.30 Thursday
Number Date Classroom
Lecturer
Themes
1 19. 09.13 AF22 (F1)
Teresa Garcia
Presentation
2 26.09.13 AF4 (F1)
Vítor Escária
C: Quantitative financial databases and use of statistical software
3 03.10.13 AF4 (F1)
Eduardo Couto
D: What is a Project work and a Report on an internship?
4 10.10.13 AF4 (F1)
Luís Costa
A: What is a Master Science Dissertation ?
5 17.10.13 AF4 (F1) Miguel St. Aubyn
B: Bibliographic databases
6 24.10.13 AF22 (F1)
Amélia Branco
"Patterns of Lisbon Stock Market prices (1870-1910): returns and volatility"
7 31.10.13 AF22 (F1) Elsa Fontainha
"Entrepreneurial Finance and Household Finance: some empirical research topics and databases"
8 07.11.13 AF22 (F1) Nicoletta Rosati "Econometric models of consumer's behaviour: two case studies on expenditure choice"
9 14.11.13 AF22 (F1) Tiago Cardão Pito "Talking about financial and economic crisis, an introduction to the reading of
Carmen M. Reinhart and Kenneth S. Rogoff's "This Time Is Different: Eight Centuries of Financial Folly", Princeton University Press, 2009"
10
11
12
13
21.11.13
28.11.13
05.12.13
12.12.13
AF22 (F1) Cândida Ferreira
AF22 (F1)
Rita Sousa
AF22 (F1)
Pedro Neves
AF22 (F1) João Carvalho das Neves
"Bank performance and economic growth: evidence from panel Granger causality estimations"
"A stock price index of Lisbon Stock Exchange (1870-1913)"
"Law and finance"
"Health financing for universal coverage"
28
Seminar Assessment
The Seminar is a necessary condition to Master’s Final
Work (MFW ).
Positive assessment depends on attendance of at least
10/13 Seminar sessions.
Attention
The University views plagiarism very seriously, and will
take disciplinary actions against students for any kind
of attempted malpractice in examinations and
assessments. The penalty that may be imposed for
this, and other unfair practice in examinations or
assessments, includes suspension from the University.
29
IMPORTANT DEADLINES
Masters - 2013/2014
•
31 st January 2014: Submission of Masters Final Work proposal
•
This is the preliminary phase of MFW writing, so the students are compulsory to get their
MFW proposals accepted by the SPC.
•
The proposal requires the great attention of the writer.
This is a brief sketch of your proposal samples:
Title – Title of dissertation proposal
Abstract – a short explanation of the complete dissertation proposal
Table of Contents – state page number of sections & sub-sections
Chapter I – Introduction of the dissertation proposal, objectives of study and importance of
dissertation proposal
Chapter II –it would be the literature review of relevant studies
Chapter III – research methodology of the exact topic with selection criterion
References –relevant References of the information sources
Appendices – includes the interviews, charts, Pictures, questionnaires, survey forms, etc
30
IMPORTANT DEADLINES
Masters - 2012/2013
• 7th March 2014: Enrolment in Final Masters
Work
• 30th September 2014: Submission of the Final
Masters Work
31
