Major Achievements 2011:
DEPARTMENT of Finance
Educating professionals in corporate finance and security markets.
The Department of Finance at Oulu Business School educates professionals to meet the expanding needs of the finance sector. The Department of Finance offers education in two main areas of finance theory; the theory of corporate finance and the pricing theory of various securities in the markets. Corporate finance examines how firms acquire and allocate capital. The theory on security pricing helps us to understand how different securities are priced in the securities markets.
Professor Hannu Kahra, Head of Department
The teaching is based on the latest research evidence covering all the most important financial branches with an emphasis on asset allocation, delegated portfolio management and behavioural finance. We are constantly developing our study programmes to include real examples and illustrations in order to
• Good start for international research cooperation
prepare our students for the transition to professional working life. The strategy has been a success and our alumni are working as financial directors, consultants, associate directors of corporate banking and researchers, to name but a few roles. Through our global academic cooperation network we also provide our students with many international career opportunities. The main research themes in the department focus on important topical areas in finance, including behavioural finance, security pricing, portfolio theory and management and hedge funds.The Department of Finance has contributed significantly to the important research area of behavioural finance by analysing the observed irrational behaviour of investors.