Mgmt 801: Introduction to Research in the Social Sciences

The purpose of this course is to introduce students to the context and traditions of knowledge generation in the social sciences in general, and academic business research in a business school context in particular. This course will encourage students to transcend the technical details of their respective research paradigms so as to position themselves as business school researchers capable of contributing meaningful knowledge to broader academic, business, and societal audiences. Guided by what it means to have a mindset of intellectual curiosity in the social sciences and business school context, this course will tackle questions such as, what it means to be driven by a scientific curiosity; how do we define or construct knowledge in academic business research and how does one's individual research contribute; what are the norms and traditions of being a valuable contributor of knowledge in academic business research? The goal of this course is to enable students to situate their current and forthcoming acquisition of in-depth skills in their research discipline into the mindset of researchers driven by intellectual curiosity seeking to contribute meaningful knowledge in the context and traditions of academic business research.

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Mgmt 890/990: Econometric Methods

This course covers selected topics in the empirical methods of cross-section and panel data analysis. Various econometric techniques are discussed in workshop format to help students interpret and critically evaluate empirical evidence. Emphasis is placed on practical aspects and application.

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Mgmt 821/921: Capital Markets, Theory and Empirics

This course covers the theory and empirics related to capital markets research and the pricing of assets. Possible topics include characteristics of financial asset returns, tests of market efficiency, asset pricing models, and market microstructure.

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Mgmt 988: Applied Statistics and Econometrics

This course is an introduction to the statistical tools needed to test economic relationships. It is designed so that students can understand empirical research and execute independent research projects of their own. The course starts with a review of statistical inference; next it discusses the general linear regression model, and finishes with some advanced topics. Statistical software packages will be introduced and used throughout the course.

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Mgmt 913: Introduction to Accounting Research - Markets

This course will provide an intensive introduction to principal themes in capital markets research in financial accounting.

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Mgmt 914: Introduction to Accounting Research - Experimental

Experimental This course will provide an intensive introduction to principal themes in experimental behavioral research in auditing and management accounting.

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Mgmt 915: Introduction to Accounting Research - Field

This course will provide an intensive introduction to the principal themes in qualitative methodological research in accounting especially in management accounting.

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Mgmt 910: Accounting I - Financial Accounting Research

Elaborating on the themes in Introduction to Accounting Research Markets this course will examine in detail cutting edge research in financial accounting.

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Mgmt 800: Statistics I

Topics in this course may include, but are not limited to, univariate analysis, bivariate analysis, multiple linear regression, and analysis of variance.

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Mgmt 804: Survey Research Method Design

This course will provide students with the foundations of survey (field) research method design. Topics covered in this course include, but are not limited to, sample design, execution, and estimation; alternative sample designs and modes of data collection; the effect of question structure, wording, and context on respondent behaviour; the equivalent of at least one session of the 6 will be dedicated to ethical considerations associated with the survey method.

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MGMT-802: Qualitative Research Method Design

This course will provide students with the foundations of qualitative research techniques. Topics covered in this course include, but are not limited to, observational field research, narratives, case histories, interviewing, principles of action research and grounded theory. The equivalent of at least one session of the 6 will be dedicated to ethical considerations associated with the qualitative methods.

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Mgmt 882/982: Economics of Organizations

This course discusses elements of the economics of organizational design and decision processes. Using concepts and techniques from applied microeconomics, it provides an analysis of organizational form, structure, and boundaries. Examples are drawn from the literature to illustrate the theoretical concepts and to demonstrate how they can be used to predict organizational performance and aid in changing organizations effectively.

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Econ 810: Microeconomic Theory

This course provides an in depth review of theories of demand, production, general equilibrium, market failures and welfare economics. In addition, selected topics in decision theory and game theory will be covered.

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MGMT-885/985: Managerial Economics and Policy Seminar

This is a seminar course in which recent publications and studies will be used to highlight various key issues in managerial economics and policy. The specific topics covered may vary from year to year but will be representative of the major areas in which economics informs managerial decision-making.

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Econ 815: Macroeconomic Theory

The first half of this course discusses the computation of aggregate variables and introduces students to dynamic models of long-run growth: the Solow model, the neoclassical growth model, overlapping generations models, and endogenous growth models. These are used to study long-run policy issues and the determinants of cross-country differences in per capita income and growth. The second half of the course introduces the student to real business cycle models and to the micro-foundations of models of nominal rigidities and non-market clearing. These are used to study the nature of short-run fluctuations and to evaluate macroeconomic policies related to stabilization, inflation, unemployment and the public debt.

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Mgmt 822/922: Corporate Finance, Theory and Empirics

This course will develop an overall perspective of corporate financial decisions through an integrated coverage of the most important topics of corporate finance. Topics may include theory of the firm, capital structure, dividend policy, corporate governance, and corporate restructuring.

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Econ 852: Quantitative Methods

A first course in econometrics at the graduate level. Students are expected to have had at least one econometrics course at the undergraduate level, and to be familiar with matrix algebra and elementary statistics. A broad range of econometric models will be covered.

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Mgmt 803: Experimental Research Method Design

This course will teach the fundamentals of experimental design for the study of human behaviour including, but not limited to, experimental design considerations; assessment of reliability and validity; the equivalent of at least one session of the 6 will be dedicated to ethical considerations associated with experimental design.

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Mgmt 870/970: Foundations of MIS I

This course begins to survey the major research areas in the field, including the design, implementation, use, and management of information systems within organizations. Its purpose is to expose students to the breadth of the field, by analyzing both the classic and current literature. For each area, we will examine the predominant theoretical perspectives, research methodologies, and analytical techniques.

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Mgmt 871/971: Foundations of MIS II

This course continues with the survey of major research areas begun in MGMT870. Again, for each area, we will examine the predominant theoretical perspectives, research methodologies, and analytical techniques. An emphasis will be placed on students developing their own research expertise and plans: students will learn how to design, conduct, evaluate, and present good research in the MIS area.

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MGMT-972 Advanced Topics in the Design, Development and Implementation of Information Systems

This course examines the development of information systems from the organizational, team and individual perspectives. Proprietary, inter-organizational and open domains of the development of business applications and IT architecture are covered. Topics include IS development practices, IS project management, IS maintenance, and IS sourcing with a focus on how individual characteristics, team dynamics, and organizational factors influence information systems design, development and implementation.

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Mgmt 973: Advanced Topics in Management Support Systems

This course examines research on management support systems. Management support systems is a major stream in information systems research covering such topics as decision support systems, group support systems, recommender systems for management, systems to support virtual teams, and knowledge management systems. The course explores the nature, role, and impacts of these systems on individuals and groups in the organization. Research in this area is diverse, covering a variety of theoretical bases, research methods, and reference discipline perspectives.

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MGMT-974* Advanced Topics in the Evaluation of Information Systems

This course examines current research on the impact of information technology on individual, group and organizational performance. It focuses on developing an understanding of how information technology (IT) changes both the processes and outcomes of work within an organization. At the individual level, topics include the impact of IT on employee work and productivity, the determinants of IT usage, and the influence of IT on decision-making. At the group level, topics include the influence of IT on group communication, social processes, and productivity in face-to-face and distributed settings. At the organizational level, topics involving the evaluation of IT investments and their impact on firm performance are examined. A variety of research perspectives drawing on methods from psychology, organization theory, strategy, economics, sociology and other disciplines are examined.

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Mgmt 975: Special Topics in MIS

Specialized topics in MIS research will be covered. The subject matter may vary from year to year depending on the interests of students and faculty.

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Mgmt 976: Emerging Topics in MIS

Emerging topics in MIS research will be covered. The subject matter may vary from year to year depending on the interests of students and faculty.

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Mgmt 860/960: Deterministic Operations Research Models

This course reviews and extends deterministic operations research model formulation, solution, and applications. Topics may include linear, non-linear, and integer programming, dynamic programming, spreadsheet modelling, network and transportation models, and project management models.

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Mgmt 962: Stochastic Processes and Applications

This course provides a review of probability models and introduction to applied stochastic processes that are important in business settings. Topics may include Poisson processes, Markov chains, birth and death processes, random walk problems, elementary renewal theory, general; Markov processes, Brownian motion, and queuing theory..

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Mgmt 861/961: Probabilistic Operations Research Models

This course reviews the formulation, solution, and application of a range of probabilistic modelling techniques. Topics may include inventory models, queueing, simulation, decision analysis, Markov models, forecasting, and stochastic dynamic programming.

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Mgmt 965: Analysis of Supply Chains

In this course, we will explore modern analytical approaches to optimization in production and supply chain systems. Topics may include production and inventory control, process control, location analysis, and analysis of supply chains, including game-theoretic approaches.

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Mgmt 840/940: Marketing Strategy & Management I

The Marketing Strategy and Management I and II seminars survey theories and frameworks associated with practice of marketing as seen through the eyes of academic researchers. Course readings focus on topics related to marketing strategy and marketing management. Marketing strategy consists of the knowledge, concepts and processes that allow firms to evolve and survive in a competitive environment including, the analysis of markets, the allocation of resources for the creation of superior customer value and the creation of a competitive advantage. Marketing management consists of those decision that translate strategic goals into market-based actions typically through implementing various elements of the marketing mix. In addition to the embodiment of a market/customer focus and the understanding and management of key relationships, the application of marketing strategy also ensures that an organization has the structure and processes that allow it to deliver superior benefits and respond in an appropriate and timely manner to change.

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Mgmt 842/942: Consumer Behaviour I

This course seeks to enhance students' appreciation of the interdisciplinary and varied methodological nature of the field by providing an overview of issues concerned with "consumption," in a broad sense, as well as individual level consumer behavior, information processing and consumer decision-making. Topics include sociological and cultural influences on consumers, influences on how consumers interpret and respond to marketing phenomena, and psychological and psycho-social influences on consumer choice and decision processes.

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Mgmt 844/944: Marketing Topics I

Each year, a series of Marketing Topics courses will be offered that allow students to apply the foundational concepts they have learned in the Marketing Strategy and Consumer Behaviour courses to particular areas of specialization. Here is a sample of some of the Marketing Topics courses:

Mgmt 844/944 - Marketing and Society: This course will expose students to social, economic, environmental, political, and legal issues relevant to the study of markets and marketing activities, with particular emphasis placed on issues at the intersection of marketing, policy, and societal welfare. Course readings are drawn from marketing and related fields on topics broadly labeled as having to do with marketing and society issues, including public policy and marketing, transformative consumer research, social marketing, macromarketing, and sustainable consumption.

Mgmt 945 and Mgmt 948 - Quantitative Models for Marketing (QMM) I and II: The seminars, QMM‐I and QMM‐II, are particularly valuable for M.Sc. and Ph.D. students in Marketing or related disciplines (e.g. Business Economics, Operations Management) who are interested in model building and business analytics. The courses are designed to serve as an introduction to quantitative models in marketing with strong emphasis on research that has implications for solving managerial problems. QMM‐I investigates market performance of firms using aggregate‐level models while QMM‐II focuses on consumer‐level analysis including choice models. The main objectives for QMM‐I and II are 1) to familiarize students with fundamentals of aggregate and individual‐level models in marketing, 2) to help them acquire modeling skills they can apply to their own research or use to appreciate the extant marketing science literature and 3) to encourage students to come up with research areas and ideas that they will be interested to work in. To facilitate students to get acquainted with many topics each session will concentrate on a major managerial problem such as resource allocation, advertising decisions, diffusion of innovations, pricing and promotion decisions. The class discussion will highlight both the managerial significance of various substantive areas and how different modeling techniques are employed to effectively address these problems.

Mgmt 946 - Consumer Culture Theory: This course will examine consumers and their consumption behaviours and practices as social and cultural phenomena as opposed to economic or psychological phenomena. By examining the relationship between consumers, the market place and cultural meaning, this course will cover the macro, interpretive, and cultural approaches found in Consumer Culture Theory research.

Mgmt 947 - Advances in Marketing: Other topics courses will be available.

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Mgmt 945: Marketing Topics II

Each year, a series of Marketing Topics courses will be offered that allow students to apply the foundational concepts they have learned in the Marketing Strategy and Consumer Behaviour courses to particular areas of specialization. Here is a sample of some of the Marketing Topics courses:

Mgmt 844/944 - Marketing and Society: This course will expose students to social, economic, environmental, political, and legal issues relevant to the study of markets and marketing activities, with particular emphasis placed on issues at the intersection of marketing, policy, and societal welfare. Course readings are drawn from marketing and related fields on topics broadly labeled as having to do with marketing and society issues, including public policy and marketing, transformative consumer research, social marketing, macromarketing, and sustainable consumption.

Mgmt 945 and Mgmt 948 - Quantitative Models for Marketing (QMM) I and II: The seminars, QMM‐I and QMM‐II, are particularly valuable for M.Sc. and Ph.D. students in Marketing or related disciplines (e.g. Business Economics, Operations Management) who are interested in model building and business analytics. The courses are designed to serve as an introduction to quantitative models in marketing with strong emphasis on research that has implications for solving managerial problems. QMM‐I investigates market performance of firms using aggregate‐level models while QMM‐II focuses on consumer‐level analysis including choice models. The main objectives for QMM‐I and II are 1) to familiarize students with fundamentals of aggregate and individual‐level models in marketing, 2) to help them acquire modeling skills they can apply to their own research or use to appreciate the extant marketing science literature and 3) to encourage students to come up with research areas and ideas that they will be interested to work in. To facilitate students to get acquainted with many topics each session will concentrate on a major managerial problem such as resource allocation, advertising decisions, diffusion of innovations, pricing and promotion decisions. The class discussion will highlight both the managerial significance of various substantive areas and how different modeling techniques are employed to effectively address these problems.

Mgmt 946 - Consumer Culture Theory: This course will examine consumers and their consumption behaviours and practices as social and cultural phenomena as opposed to economic or psychological phenomena. By examining the relationship between consumers, the market place and cultural meaning, this course will cover the macro, interpretive, and cultural approaches found in Consumer Culture Theory research.

Mgmt 947 - Advances in Marketing: Other topics courses will be available.

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Mgmt 850/950: Foundations of Research in Organizational Behaviour

The purpose of the course is to introduce you to the process of theory building in the field of organizational behaviour. The course examines several prominent theories in the field and explores recent evidence that assesses central claims made by the theory. The course also provides opportunities to develop skills in theory building.

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MGMT 953: Seminar in Meso-Organizational Behaviour

This course introduces students to meso organizational behavior, which is concerned with the study of organizational phenomena that occur across more than one level of analysis (e.g., individual, group, organizational, national). Students will learn about multilevel theory and methodologies, with an emphasis on the emergence and functioning of collective constructs. The course will also provide coverage of numerous organizational behaviour topics that span levels, which may include person-environment fit, group and organizational climates, group diversity, group processes and performance, socially shared cognition, emotional contagion, and leaders' influence in social collectives.

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MGMT-851/951: Seminar in Micro-Organizational Behaviour

The aim of this course is to examine the individual in the organization. Topics include work stress and workplace safety, organizational commitment, trust in management, organizational justice, aggression and violence in organizations, absenteeism, attendance and withdrawal from the organization, motivation, leadership, part-time employment, young workers, and job design.

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Mgmt 805: Foundations of Strategy and Organizations

This course provides a foundation in strategy and organizations by focusing on classic readings and approaches to the field of strategic management. The principal objective is to acquaint students with dominant ideas and a historical context for understanding the evolution of the field. The aim of the course will be to examine a number of perspectives, consider the strengths and weaknesses of each, and to look at the comparative ability of these models to explain a variety of organizational phenomena (Fall Term course).

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Mgmt 806: Strategy Implementation

The objectives of this course include providing an understanding of the processes that impact the effective implementation. This course provides an overview of theory and research in strategy implementation. It includes developing an understanding of: structuring the organization, roles and responsibilities for strategic action, assessing and aligning control systems, as well as managing strategic change and renewal.

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Mgmt 907: Strategy Formulation

The objectives of this course include understanding theories and approaches to setting direction; assessing markets and rivalry. This course will develop students' skills in analyzing the environment in which the firm competes, as well as the capabilities of the firm itself. Beyond analysis, this course will also help students understand how to design a strategy.

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MGMT-952: Advanced Topics in Organization Theory

This course analyses the development of, and contemporary directions in, the field of organization theory, with particular focus upon the relevance of organization theory to issues of economy and society. Drawing upon traditional and contemporary social theory as a backdrop, topics covered include scientific management, the human relations school, the Carnegie school, contingency analysis, labour process theory, resource dependence theory, the economic analysis of organizations, institutional theory, organizational demographics, and others.

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MSc in Finance

The MSc in Finance is designed for people who wish to pursue doctoral (PhD) studies or research oriented careers with financial institutions, consulting firms, or regulatory agencies. It is not appropriate for people who wish to pursue a career in financial or general management.

Students will develop a deeper grounding in financial theory and empiricism, and then delve into advanced derivatives valuation, corporate finance, empirical topics and research methods.

Acceptable Undergraduate Degrees

  • Business or Commerce (with a finance concentration)
  • Accounting
  • Economics

Program Structure and Content

This is a 12-month program beginning in September.  Each student is required to complete the following courses and a research project of publishable quality.  Coursework completion consists of the following:

Year 1 (Math Review, Introduction to Databases and Data Analysis and Optional Summer)

Fall

Introduction to Research in the Social Sciencespass/fail
Corporate Finance, Theory and Empirics .5
Microeconomic Theory.5
Quantitative Methods.5

Winter

Econometric Methods.5
Macroeconomic Theory.5
Capital Markets, Theory and Empirics .5

Summer

  • Major Research Project

Finance

Learn more about graduate studies in the field of Finance.
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Program Faculty


Dr.SeanCleary

Dr. Sean Cleary, PhD

Bank of Montreal Professor in Finance
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Sean Cleary's BMO Professor of Finance at Queen's School of Business. Dr. Cleary has published numerous articles in the Journal of Finance, the Journal of Financial and Quantitative Analysis, the Journal of Banking and Finance, the Journal of Multinational Financial Management, the Journal of Financial Research, the International Journal of Managerial Finance, the Canadian Investment Review, and the Canadian Journal of Administrative Sciences. He has received numerous research grants from the Social Sciences and Humanities Research Council of Canada (SSHRC).He is co-author (with Laurence Booth) of Introduction to Corporate Finance (Wiley & Sons Canada, 2007), as well as numerous other finance textbooks.

Dr.AlfredDavis

Dr. Alfred Davis, PhD

Assistant Professor in Finance
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Alfred Davis'research concentrates on empirical investigations of corporate finance issues, particularly in the areas of capital structure, payout policy, and corporate restructuring. He is currently engaged in studies that examine the long-run performance of firms after actual share repurchases, and the stock return performance of firms that have emerged from bankruptcy protection. Other research interests include initial public offers as part of an exit strategy by owners, and reverse leverage buyouts.

Dr.LouisGagnon

Dr. Louis Gagnon, PhD

Professor and distinguished Faculty Fellow in Finance
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Louis Gagnon's research interests lie at the intersection of international corporate finance, investments, and risk management. His current research examines factors hindering arbitrage activity in the market for cross-listed securities and their implications for capital market integration, the dynamic relation between trading volume and market co-movements, and the interaction between corporate investment, financing, and risk management decisions.

Dr.LewisJohnson

Dr. Lewis Johnson, PhD

Professor in Finance
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Lew Johnson's research interests focus on investments and portfolio management and on financial system governance and regulation. He has written numerous theoretical and empirical papers on stock and bond valuation, duration analysis, investor behaviour, mutual fund performance, and financial system organization. Recent work has centred on the valuation of technology stocks, in which he has conducted several empirical and theoretical analyses of the technology stock bubble, employing contingent claims and real options theories.

Dr.FrankMilne

Dr. Frank Milne, PhD

Professor in Economics
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Frank Milne's research involves two areas: theoretical issues in asset pricing, trading and financial intermediation when there are frictions of various types; and exploring theories of the firm, and considering the implications for a firm’s interactions in financial, commodity, labour, and service markets.

Dr.FabioMoneta

Dr. Fabio Moneta, PhD

Assistant Professor in Finance
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Fabio Moneta's research interests concentrate on investments and empirical asset pricing with a focus on fixed-income markets. In particular, recent studies include the measurement of performance of bond mutual funds and the risk premia associated with macroeconomic risks in the Treasury bond market. He is also interested in monetary policy topics to which he was exposed while working at the European Central Bank in Frankfurt. He has published articles in forecasting and international business cycle synchronization.

Dr.EdwinNeave

Dr. Edwin Neave, PhD

Professor Emeritus in Finance
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Ted Neave's research focuses on both theoretical and practical finance. On the theoretical side, he studies financial economics and asset pricing, especially options pricing. On the practical side he analyzes financial systems and financial regulation. He has reported both his theoretical and his practical work in numerous articles and books. In addition, his programs in banking education are currently used in more than forty countries.

Dr.LynnettePurda

Dr. Lynnette Purda, PhD

Associate Professor and RBC Fellow in Finance
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Lynnette Purda conducts empirical research in corporate finance with a particular focus on the area of corporate governance. Much of her work has examined potential monitors of firm behaviour including internal monitors such as the board of directors and external monitors such as credit rating agencies and regulators. Her current work emphasizes the role of these parties in improving the information environment of the firm and their ability to accurately detect corporate fraud.

Dr.FatmaSonmez

Dr. Fatma Sonmez, PhD

Assistant Professor in Finance
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Fatma Sonmez's an Assistant Professor of Finance at Queen's School of Business. She received her PhD in Finance from the Rotman School of Management, University of Toronto. She also holds an MSc in Mathematics as well as an MSc in Engineering Management-Industrial Engineering both from M.E.T.U (Ankara, Turkey) and a BA in Mathematics. Her main research interests are in empirical asset pricing with a primary focus on stock market volatility and how it affects security prices. Her recent research has looked at the impact of share price and institutional trading on volatility. She has presented her research at a variety of good academic conferences around the world and won several best paper awards. She also has an active research interest on the impact of stock market participation and population aging on financial markets. She mainly teaches investments and empirical finance courses. She has published articles in finance and mathematics journals.

Dr.WulinSuo

Dr. Wulin Suo, PhD

Associate Professor in Finance
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Wulin Suo's research focuses on valuation and hedging of derivative securities, particularly instruments involving the term structure of interest rates. His research interests also include risk management, credit risk modeling, computational finance, and mathematical finance. He is currently working on problems related to the performance of various derivative pricing models and the application of option pricing theory to other areas of finance.

Dr.SelimTopaloglu

Dr. Selim Topaloglu, PhD

Associate Professor and RBC Fellow in Finance
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Selim Topaloglu's research focuses on trading behaviour of individuals and institutions, analyst behaviour, insider trading and initial public offerings. Current research topics include: the effects of regulation fair disclosure on institutional and insider trading, the secondary market activity for NASDAQ IPOs, and investor behaviour over the rise and fall of the NASDAQ stock market.