Master Thesis

The following note is intended to give you a better understanding of how to write a thesis in Corporate Finance.  The objective of your  thesis in general is to demonstrate that you are able to independently identify, structure and develop an economic topic and present your results in a scientific way.  Your thesis may take the form of a literature review, a case study or an own empirical/theoretical research study.

To apply for writing a master thesis at the Chair of Corporate Finance, please notice the following application deadlines:

  • 1st of January
  • 1st of April
  • 1st of July
  • 1st of October

Please send your current academic transcript, a short motivation letter and your résumé.

The choice of topic already represents an important part of your master thesis as it demonstrates your ability to identify an interesting and relevant research question. This process may take some time. It is therefore advisable to undertake an intensive research on the intended topic already prior to your registration. Suitable sources are and  If you plan to do an empirical study, please do not register before you have collected your dataset.

You will have to give a short presentation (approx. 20 minutes presentation +  20 minutes discussion) of your thesis at the Chair in a research colloquium that will be graded. This presentation will take place about four to six weeks before the submission date. The main purpose of the presentation is for you to collect feedback on your work and to be able to incorporate new ideas or methods into the final version of your thesis.

Guidelines can be found under "Guidelines for Bachelor and Master Thesis"

Selected past topics:

  • Vergleich der Vergütungsstrukturen: Hedge Fonds, Private Equity Fonds und Mutual Fonds
  • Liquidität und Cash-Management und die Umsetzung am Beispiel der Payment Factory
  • Market Timing börsennotierter Unternehmen in Deutschland - lässt sich bei steigenden Kapitalmärkten eine zunehmende Anzahl von Kapitalerhöhungen beobachten?
  • Schätzung von Kreditausfallwahrscheinlichkeiten - Verbesserungspotentiale durch die Nutzung von Kontotransaktionsdaten
  • Finance and Growth - An Empirical Evaluation of Current Theories
  • Weshalb halten Firmen Cash? Eine empirische Analyse auf Grundlage europäischer Unternehmensdaten