FIN 7810-01 FINANCE THEORY III
Reference Number
Section Number 01
Prerequisite Doctoral Student
Class meeting details: FRIDAYS 9:30 to 12:10 HOURS
SPRING 2006
Arun J Prakash
#RB 206, Department of Finance, College of Business Administration
Office Hours: F 3:30 – 5:00 PM and as needed
(305) 348 3324
Will be given in class
[email protected]
University Drop Date: check the academic calender
Please read this syllabus in its entirety. It is a part of the course content.
It is important that you understand what is required in this course and the
timeframes for completing assignments and activities.
Course Description:
Consider this as a capstone course. The main emphasis in this course will be on how to write
publishable research papers and how to design an empirical research. Every week you will be
given a task and it will be your duty to come with a 10 to 15 page report to be discussed,
dissected in the following class meeting. Remember the emphasis is mainly on writing rather
than on presentation. All of you will be working on the same topic or problem but
COMPLETELY INDEPENDENTLY. You can discuss the project at hand outside the class
rooms with your colleagues but writing has to be completely individual. This is being done with
a specific purpose in mind. One of you may write the assignment very professionally whereas
some one might make a complete mess of it, therefore you will learn not only what to do, but
most importantly what NOT TO DO. This class is going to be very time consuming. The
structure of this class is such that one other professor will be visiting the class with me each
time to give you an assignment or to discuss an area of interest.
Learning Objectives/Outcomes
It must be clear from the description above, that in this course your individual
capacity, integrity and work ethic will play a major role. There will be absolutely no
group assignment or group discussion. Only discussion will be on the day you bring
in your completed assignments so that we can discuss in the class as to what to do
or not to do. The primary focus of this course is how to write publishable research
papers for publication in refereed journals. You will be surprised to know that in
the end it is the writing and presentation of your research in writing that matters.
We will continue on with this course in Summer 2006, but there the emphasis will
be to produce a defendable dissertation proposal. Therefore, in Summer you will
register with me and the major professor of your choice so that you have a
proposal to defend in Fall of 2006. Let me hasten to add that the choice of a major
professor is completely up to you. My job will be that of a facilitator. I want each of
you to finish the program by Summer 2008 or before.
Course Materials:
Recommended TEXTBOOKS:
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Financial Theory and Corporate Policy: Thomas Copeland, J.Fred Weston and Kuldeep
Shastri , Latest edition. Addison – Wesley Publishing Company.
The Return Generating Models in Global Finance: Arun J Prakash, Robert M bear,
Krishnana Dandapani, Gauri l Ghai, Therese Pactwa and Ali M Parhizgari: Pergamon
2000
Campbell, John, Andrew Lo, and Craig MacKinay, 1997, The Econometrics of Financial
Market, Princeton University Press.
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Various Econometrics textbooks etc
Various PhD Level Finance Textbooks
All the papers you have read in other courses.
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Readings: There is no approved readings list for this course. You can consider all the papers
that you have read (and some more) so far in the program in all the courses you have taken as
your recommended reading list
Course Outline:
PROGRESSION OF LECTURE: ASSIGNMENT ETC.
You will receive the first assignment on the first day of the class. The name of the visitor during
the next class will be posted or given to you in the class. Fist three visitors will be ( in order )
Prof. Edward Lawrence, Brice Dupoyet and Suchismita Mishra
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Due dates of the assignments will be the following class meeting. However you
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must email your completed assignment to your colleagues and me 24-hours before
the scheduled class meeting. It is the duty of each one of you to read each
assignment and be prepared to discuss the strong as well as weak points and how
to improve upon it.
Grading :
Completely discretionary
Important Dates
Will be announced in the class.
Course Requirements:
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This is the last course in finance for the PhD students and the main requirement is writing so
be very diligent in completing the assignments. You do not want to look like circus clown in
front of your friends.
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Course workload expectations: Quite heavy
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Reading, projects, cases, teamwork, and presentation details; your discussion will center
around what are the discrepancies and short comings in other peoples writing and how to
improve upon it.
Expectations regarding participation: Read above
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•
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Class attendance: It is expected that you will not miss the class unless there is some
catastrophic reason to do so. If you come to class and leave early you will be marked absent.
Attendance will be taken towards the end of the class.
The submission of on-time and penalties for late-work submissions: Absolutely no late
assignments will be accepted and this is very important
Class practices relating to the Internet (i.e. if students need to check their e-mail or visit web
sites periodically.) Check periodically.
Course Policies and Expectations:
A. Academic:
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Students must understand that attendance in my courses is a must. Missing a class will put
you so far behind that you may not be able to catch up.
Students must recognize that doing the assignments in a timely manner will not only assist
you in understanding the subject matter timely and properly, it will also facilitate me in
running the progression of the course properly.
Students must commit to absolute academic honesty (see below)
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•
It is expected that students will behave in a gentlemanly fashion when the class is in
progress. Whispering and/or talking when the class is in progress will not be tolerated.
B. Intellectual Honesty
A statement of expectation on intellectual honesty is now required for CBA syllabi.
It should include:
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Statement of Understanding between Professor and Student Code of
Academic Integrity
Every student must respect the right of all to have an equitable opportunity to
learn and honestly demonstrate the quality of their learning. Therefore, all
students must adhere to a standard of academic conduct, demonstrating respect
for themselves, their fellow students, and the educational mission of the
University. As a student in the College of Business Administration’s I will not
represent the work of someone else as my own.
•
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I will not cheat, nor will I aid in another’s cheating.
I will be honest in my academic endeavors.
I understand that if I am found responsible for academic misconduct, I will be
subject to the academic misconduct procedures and sanctions as outlined in the
FIU Student Handbook.
C. Academic Honesty Policy
NOTE TO FACULTY: In order to proactively promote academic honesty in the classroom, the College
will implement four policies.
(i) The following University Student Code of Standards and Student Code of Academic Integrity,
adopted by the Student Government Association on November 28, 2001 reflecting the values
articulated in the University’s general Code of Standards, will be included in every College of Business
course syllabus:
Code of Standards
A University is a learning community that follows a tradition of more than 1,000 years. Florida
International University is such a community, dedicated to generating and transmitting knowledge
through excellent teaching and research, the rigorous and respectful exchange of ideas, and
community service. As a member of this community:
•
I will respect the tradition of academic inquiry, the University’s rules of conduct, and its
mission.
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I will respect the opinions and differences of all members of the FIU community.
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I will practice civility and avoid behavior that undermines the normal functioning of the
University.
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I will respect the rights and property of the University and its members.
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I will be diligent and honest in my personal and academic endeavors.
Code of Academic Integrity
This Code of Academic Integrity was adopted by the Student Government Association on November
28, 2001 and reflects the values articulated in the Student Code of Standards. All students are
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expected to adhere to a standard of academic conduct, which demonstrates respect for themselves,
their fellow students, and the educational mission of Florida International University.
Pledge
As a student in the College of Business:
•
I will be honest in my academic endeavors.
•
I will not represent someone else’s work as my own.
•
I will not cheat, nor will I aid in another’s cheating.
All students are deemed by the University to understand that if they are found responsible for
academic misconduct, they will be subject to the Academic Misconduct procedures and sanctions, as
outlined in the Student Handbook.
My signature below indicates that I have read this document and accept its content:
Signature
Name (Please Print)
SSN
Academic Honesty Policy (continued)
Group Assignment Cover Page
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Group Member 1
Last Name, First Name
__________________________
Group Member 2
Last Name, First Name
__________________________
Group Member 3
Last Name, First Name
__________________________
Group Member 4
Last Name, First Name
__________________________
Group Member 5
Last Name, First Name
__________________________
Group Member 6
Last Name, First Name
__________________________
Date of Submission
Phone Number - Home
Phone Number – Work
______—______—_______
______—______—_______
Phone Number - Home
Phone Number – Work
______—______—_______
______—______—_______
Phone Number - Home
Phone Number – Work
______—______—_______
______—______—_______
Phone Number - Home
Phone Number – Work
______—______—_______
______—______—_______
Phone Number - Home
Phone Number – Work
______—______—_______
______—______—_______
Phone Number - Home
Phone Number – Work
______—______—_______
______—______—_______
Title of Assignment
CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any
assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have
also cited any sources from which I used data, ideas or words; either quoted directly or
paraphrased I also certify that this paper was prepared by me specifically for this course.
Signature Member 1: ________________________ Signature Member 4:_____________________
Signature Member 2: ________________________ Signature Member 5:_____________________
Signature Member 3: ________________________ Signature Member 6:_____________________
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Academic Honesty Policy (continued)
Individual Assignment Cover Page
Submitted to:
Submitted by:
Your Phone Number:
Your e-mail:
Date of Submission:
Title of Assignment:
CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and
that any assistance I received in its preparation is fully acknowledged and disclosed
in the paper. I have also cited any sources from which I used data, ideas or words;
either quoted directly or paraphrased I also certify that this paper was prepared by
me specifically for this course.
Signature
____________________________________________________
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CBA Syllabus Items On
Sexual Harassment, Religious Holy Days,
and Disability Services
Sexual Harassment:
“Florida International University recognizes the basic right and freedoms of
students. The following rights and freedoms are recognized as basic to the
educational process: Sexual Harassment: Students are entitled to work and
study in an atmosphere free from unsolicited and unwelcome sexual
overtures or innuendos.”
2002-2003 FIU Student Handbook
Religious Holy Days:
“Faculty are encouraged to make accommodations for students who wish to
observe religious holidays. For a listing of religious holidays, you may visit:
http://www.interfaithcalendar.org
Students should make their requests
known at the beginning of the semester.”
2003-2004 Academic Calendar
Disability Services
“Students with disabilities who are unable to complete regular course
requirements should request, in consultation with ODS, the course
modifications needed from their professors. Requests should be made as
early as possible. ODS will cooperate with the student and the professor to
secure appropriate accommodations.”
Office of Disability Services Web-page
http://www.fiu.edu/~disser/
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