Master of International Business Master Degree Thesis: Possible Areas of Research Alexander Bukhvalov PricewaterhouseCoopers Professor of Finance
Alexander Vasilievich Bukhvalov Personal site: I will be happy to supervise students with the strong motivation for doing research, who also are planning to continue their studies at Ph.D. level.
Real Options Uncertainty Rigidity vs. Flexibility Two Faces of Risk: Danger and Opportunity Example from IB: Mode of Entry into a foreign market Techniques: real cases, stylized cases, binary trees, strategy choice Pre-requisite: Brealey & Myers. Principles of Corporate Finance. 7/8e. Chapters
International Finance 1 Use of Derivatives to reduce international exposure Example from IB: what happens when a US company, which produces in US but sells in Europe, hedges USD against Euro while sales in Europe are uncertain? Techniques: cases, binary trees. Pre-requisite: Brealey & Myers. Principles of Corporate Finance. 7/8e. Chapters
International Finance 2 International Valuation: return on foreign equity, various hypotheses testing Example from IB: what happens with a Russian company capitalization when RTSI goes up, DJIA goes down, and the company has ADRs traded? Techniques: data mining and processing (Excel, regressions), basic econometrics. Pre-requisite: Dougherty. Introduction to Econometrics. 2e (excluding chapters 9-11).
Good Luck!