Master Seminar in Finance and Data Science

The Masterseminar will take place during the summer semester and is held in Englisch. Students are required to register for the seminar via KIS. In addition, please send the following information via e-mail to Prof. Vitor Azevedo (vitor.azevedo(at)

  • a short letter of motivation
  • a current transcript of records

In this seminar, the students will first learn about empirical finance and programming languages, with a focus on R. Then, students will use their knowledge to propose and test return predictors and factor models in different countries.

Each group formed by usually three to five students will create a final report (seminar paper) and a presentation (Guidelines of the chair related to writing the report / LaTeX-Template).

The seminar will include some lectures with the following contents.


  • Introduction to asset pricing
  • Empirical finance
  • Asset pricing models

Data science:

  • Introduction to R (installation, packages, IDE)
  • Working with data (importing, data cleaning, formatting,  exporting)
  • Implementation of empirical finance in R (estimating return predictors, forming portfolios, estimating equal- and value-weighted returns of portfolios).
  • Asset pricing and performance measurement in R.