International Summer School for Advanced Study

Financial Econometrics with Applications

in cooperation with Yasar University Izmir / Turkey

  • HSB LogoIntensive course: 60 hours / one field trip included
  • Course language: English
  • Number of participants: circa 20

Course date

9 July – 3 August 2017

Registration deadline

The deadline for registration is extended until 1st April 2017.

Course language

English

Language level

B2-C2 / Intermediate and advanced level

Credits

4 credit hours - US / 8 credit points-ECTS*
* Please note: These credits can be transferred to your home university/institution. It is recommended to verify with your home university/institution that the grades you earn in Bremen can be applied to your curriculum or course of study.

Syllabus and Faculty

Financial Econometrics with Applications

Lectures, excursion and assessments 60 hours
Group work, individual preparation and reading 50 hours
Total duration 110 hours
Objectives

This course introduces students various research methods and tools used in financial research. Students will learn probability distributions, single and multiple regression models, parameter estimates, hypothesis testing, goodness of fit tests, properties of financial time series, basic forecasting techniques and modelling volatility. In addition to theoretical aspect of econometrics, there will be applied empirical exercises conducted on real data. Students are welcome to bring their own data for their project or thesis. The last session of the lecture will be a forum to discuss the proposed case studies.

This course differs from a regular econometric course for several aspects. First of all, this is an important opportunity to analyse financial and economic data through up to data econometric methods with application. Secondly, every student may bring their own dataset of their thesis or project to analyse during the lecture. The last but the least, a report of the analysis, an academic article, will be produced for each student proposal after assessing its drawbacks before submitting to an academic journal.
Introduction to Calculus and introduction to statistics are important courses before taking such econometric course.

Contents

Module 1
Financial Econometrics with Applications

Module 2
Cross-cultural Management and Communication
German language – a short introduction


Module 3
Plant tour Mercedes Benz Bremen

Timetable PDF Download application/pdf
Teaching method Lectures, workshops, project work
Assessment Continuous assessment and final test
Syllabus update/created September 2016: PDF Download application/pdf
Faculty Professor Dr. Saban Celik
Assistant Professor
Department of International Trade and Finance
Yasar University Izmir / Turkey
Lecturers for Cross-cultural Management and German Language /Hochschule Bremen

Certificate / transcript of records

At the end of the course a certificate of attendance and transcript of records will be issued to each participant.
Successful participants can earn 4 credit hours - US / 8 credit points-ECTS.

Course participants

Students of economics, business studies, management studies and interested persons. Minimum age 18 years.

Accommodation

For information concerning the accommodation please see "room and board".

Tram and bus ticket

As a participant in the International Summer School on arrival you will receive a ticket for public transport (tram + bus) for the duration of the course. With this ticket you can use all trams and buses within the city of Bremen. For travels on the night trams/buses on the weekend a surcharge of EURO 1 per ride is due.

Additional Information

  • Internet access and e-mail are available to every participant.
  • During the entire stay tutors of the Hochschule Bremen will be available and will take care of participants’ needs.

Activities program

An attractive and colourful leisure program provides participants with ample opportunities to discover Bremen and Germany (in part subject to charge).

  • guided city tour
  • welcome and farewell parties
  • leisure activities
  • excursions and trips

For more information please see "leisure activities".

Insurance

For the duration of your stay in Germany we recommend taking out a health and accident insurance policy as well as a third party insurance. The Hochschule Bremen will not be liable for any costs arising in the case of either sickness or injury.
Summer school fees do not include any insurance coverage.

Insurance
ifk-bremen.de/en/insurance

Course fee*

Financial Econometrics with Applications
9 July – 3 August EURO 900 Registration

* The course fee includes:

  • information packet with city guide
  • Seminars and lectures
  • Teaching material
  • Program related excursion
  • Ticket for public transport in Bremen (bus+tram)

* The course fee excludes:

  • Travel expenses
  • Accommodation in Bremen
  • Health and liability insurance
  • Board and personal spendings
  • Participation in optional activities

The program may be subject to change.