Courses
Courses and workshops organized within the NFN are open to finance PhD students and faculty from all Nordic universities or business schools irrespective of whether their home institution is a member of the NFN.
NFN Travel Grant
The NFN offers Travel Grants for attending PhD students in finance coming from Nordic institutions outside of the country where a given course takes place. To apply for the Travel Grant, please use the form below and send it to the NFN office at nfn (@) aalto.fi. Remember to ask your supervisor to also send a short recommendation email. Please send the application well in advance to make sure that the NFN office has time to process your application and you have a chance to ensure the cheapest tickets available.
Past Courses
You can consult a list of past courses here
Forthcoming Courses
| Empirical Finance: Identification Strategies in Corporate FInance | |
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| Organizer | Copenhagen Business School |
| Instructor | Kasper Meisner Nielsen (Copenhagen Business School) |
| Dates | June 26-27, 2024 |
| Place | Copenhagen Business School, Frederiksberg, Denmark |
| Information | The aim of the class is to introduce PhD students in finance and related fields to identification strategies in corporate finance. The course is designed to provide an introduction to some of the empirical methods used to identify causal effects in corporate finance. We will examine how to estimate causal effects in the presence of potentially unobserved confounding factors and how to make proper statistical inference about empirical estimates. The goal of the course is to provide PhD students with a methodological framework that will enhance their ability to design sound identification strategies in the area of corporate finance. |
| Applications | Registration deadline is May 13, 2024. Link to registration can be found on the course website. Course fee is waived for NFN students. |
| Travel Grant | NFN offers Travel Grants for attending PhD students in finance coming from Nordic institutions outside of Denmark. See instructions at the top of the page. |
| Summer School in Market Microstructre | |
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| Organizer | Stockholm Business School, Stockholm University |
| Instructor | Thierry Foucault (HEC Paris) & Albert J. Menkveld (VU Amsterdam) |
| Dates | July 1-5, 2024 |
| Place | Stockholm Business School, Stockholm University, Sweden |
| Information | A one-week full-time intensive course on market microstructure at PhD or advanced research master level. The course aims to acquaint students with the field of market microstructure, both theoretically and empirically. Market microstructure has grown rapidly as an important subfield of finance. Research in this field focuses on the intertwined relationships between volatility, liquidity, price discovery, market design, and ultimately welfare. Models in market microstructure provide a framework for the analysis of price movements and trading volume. More information is available at the course website. *This edition will feature a guest lecture by Paul Milgrom (Stanford)* |
| Applications | Application is open, see the course website. The deadline for applications is December 1, 2023. |
| Travel Grant | NFN offers Travel Grants for attending PhD students in finance coming from Nordic institutions outside of Sweden. See instructions at the top of the page. |
| Continuous Time Finance | |
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| Organizer | Swedish House of Finance, Stockholm School of Economics |
| Instructor | Johan Waldén (Haas School of Business, UC Berkeley) |
| Dates | August 5-16, 2024 |
| Place | Stockholm School of Economics, Stockholm, Sweden |
| Information | The development of derivatives markets may be the single most important innovation in financial markets in the last fifty years. The celebrated Merton, Black & Scholes option pricing formula derived in the 70’s has arguably been the most successful research paper in social sciences. The formula has been widely adopted by market participants, and has initiated a new field, Financial Engineering, which occupies researchers in financial institutions and universities throughout the world. The focus of the course is on applied stochastic calculus applied to problems within finance. We will cover the theory of noarbitrage, Brownian motion, Ito integrals and calculus (Ito’s lemma), change of measure (Girsanov’s theorem), and links to partial differential equations (Feynman Kac’s theorem, Kolmogorov equations). We apply the theory to derive many continuous time asset pricing formulas, including the celebrated Black-Scholes formulas for pricing plain-vanilla options. We also discuss equilibrium models in continuous time (Lucas tree economy, Cox Ingersoll Ross economy). More information on the course website. |
| Applications | Please register by sending an email to course secretary Jenny Wahlberg Andersson at jenny.wahlberg.andersson (@) hhs.se by June 30, 2024. |
| Travel Grant | Please make sure to apply for the travel grant early enough in June as the NFN office is closed during July. NFN offers Travel Grants for attending PhD students in finance coming from Nordic institutions outside of Sweden. See instructions at the top of the page. |
| International Finance | |
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| Organizer | Stockholm Business School, Stockholm University, Sweden |
| Instructor | Lucio Sarno (Cambridge Judge Business School, Cambridge University) |
| Dates | August 5-9, 2024 |
| Place | Stockholm Business School, Stockholm University, Sweden |
| Information | The course is intended for PhD students who have completed their core courses (macro, micro, econometrics, etc.). It could be considered a necessary “field course” for those interested in international macro and finance. The course is likely to be of interest to professionals in the investment industry (e.g., quants at HFTs, at hedge funds, or at buy-side institutions), or researchers in central banks or regulatory agencies. More information will be updated on the course website. |
| Applications | Application instructions can be found on the course website in due course. |
| Travel Grant | Please make sure to apply for the travel grant early enough in June as the NFN office is closed during July. NFN offers Travel Grants for attending PhD students in finance coming from Nordic institutions outside of Sweden. See instructions at the top of the page. |
| Selected Topics in Asset Pricing | |
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| Organizer | Graduate School of Finance / Aalto University |
| Instructor | Samuel Hartzmark (Carroll School of Management, Boston College) |
| Dates | August 14-16, 2024 |
| Place | Aalto University School of Business, Espoo, Finland |
| Information | This course will explore recent innovations in empirical asset pricing. Specific topics may include mispricing due to behavioral biases, predictable returns based on recurring firm events, and whether or not green investing has influenced market dynamics. |
| Applications | Please see course website for instructions. The deadline for applications is August 1, 2024. |
| Travel Grant | NFN offers Travel Grants for attending PhD students in finance coming from Nordic institutions outside of Finland. See instructions at the top of the page. |
| The Financial Economics of Entrepreneurship, Private Equity and Venture Capital | |
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| Organizer | Graduate School of Finance / Aalto University |
| Instructor | David Robinson (Fuqua School of Business, Duke University) |
| Dates | August 26-30, 2024 |
| Place | Aalto University School of Business, Espoo, Finland |
| Information | This course is designed to provide a deep, fast-paced dive into the emerging field of entrepreneurial finance. We will cover both classic papers as well as new work. The ultimate objective of the course is to prepare advanced graduate students for research in this rapidly growing sector. |
| Applications | Please see course website for instructions. The deadline for applications is August 11, 2024. |
| Travel Grant | NFN offers Travel Grants for attending PhD students in finance coming from Nordic institutions outside of Finland. See instructions at the top of the page. |
| Empirical Corporate Finance | |
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| Organizer | Swedish House of Finance, Stockholm School of Economics |
| Instructor | Mariassunta Giannetti (Stockholm School of Economics) |
| Dates | September 9 – October 15, 2024 |
| Place | Stockholm School of Economics, Stockholm, Sweden |
| Information | This course provides an empirical treatment of selected topics in corporate finance and financial intermediation, with an emphasis in the critical discussion of empirical methods designed to answer counterfactual questions. There will be two types of lectures: methods and topics. In the methods lectures the emphasis will be in a particular method and its application in different settings. In the topics lectures, we will perform an in depth critical assessment of the empirical literature in a selected topic in financial economics. More information on the course website. |
| Applications | Please register in advance by sending an email to course administrator Jenny Wahlberg Andersson at jenny.wahlberg.andersson (@) hhs.se. |
| Empirical Asset Pricing | |
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| Organizer | Swedish House of Finance, Stockholm School of Economics |
| Instructor | Magnus Dahlquist (Stockholm School of Economics) |
| Dates | October 28 – December 10, 2024 |
| Place | Stockholm School of Economics, Stockholm, Sweden |
| Information | This course is an introduction to empirical research in asset pricing. We begin with a review of econometric methods often used in asset pricing research. We then cover return predictability in the time series and the cross section. We also cover evaluations of various asset pricing models. The goal is to familiarize you with essential econometric methods, important empirical facts, and areas of current research interest. The emphasis is on the pricing of equities, but we also deal with bonds and currencies. More information on the course website. |
| Applications | Please register in advance by sending an email to course administrator Jenny Wahlberg Andersson at jenny.wahlberg.andersson (@) hhs.se. |
| Household Finance | |
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| Organizer | Swedish House of Finance, Stockholm School of Economics |
| Instructor | Paolo Sodini (Stockholm School of Economics) |
| Dates | Fall 2024, second period |
| Place | Stockholm School of Economics, Stockholm, Sweden |
| Information | The course is about the emerginh field of household finance. Normative household finance studies how households should use financial markets to reach their goals. Positive household finance studies how households do actually use financial markets to reach their goals. More information on the course website. |
| Applications | Please register in advance by sending an email to course administrator Jenny Wahlberg Andersson at jenny.wahlberg.andersson (@) hhs.se. |
| Corporate Risk Management | |
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| Organizer | Graduate School of Finance / Aalto University |
| Instructor | Kristine Hankins (University of Kentucky) |
| Dates | May 7-9, 2025 |
| Place | Aalto University School of Business, Espoo, Finland |
| Information | A PhD mini-course on Corporate Finance (3 ECTS). More information will be announced later. |
| Applications | More information will be announced later. |
| Travel Grant | NFN offers Travel Grants for attending PhD students in finance coming from Nordic institutions outside of Finland. See instructions at the top of the page. |