Department of Finance & Applied Economics
Financial markets play a significant role on the world stage but have important impacts on the national, local and even individual levels. The tools of economic theory are some of the key building blocks for the study of finance. In this respect, the Finance & Applied Economics Department unites the knowledge areas of finance and economics.
Microeconomics is the study of how individuals and groups interact and engage with one another from a “bottom-up” perspective. Macroeconomics is a “top-down” approach to understanding the aggregate results of human interactions in market and societal contexts. While economics is an objective, evidence-based social science concerned with accurately modelling reality, the results of economics are often used to make and support policy recommendations.
Finance focuses in detail on the economics of the financial markets studying how markets are organized and how investors and companies interact and make decisions. Along these lines, the study of finance considers both the investor perspective – how do investors value assets, trade securities and manage risks – and the corporate perspective – how do companies manage their activities, raise funds, and make investments.
The department of Finance offers four specialisations within the following study programmes:
Dr. Kinga Niemczak MA, CertT
P: +43 (0) 2622 / 89 084 - 404
F: +43 (0) 2622 / 89 084 - 99