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Thesis supervision

Wolfgang Bessler

Date:18 August 2019
Author:dr. Auke Plantinga

Dr. Wolfgang Bessler is a thesis supervisor for the MSc Finance program at the University of Groingen. Please check the link to his powerpoint on topics that he like to supervise during the next semester. 

Thesis Supervision

Roberto Wessels

Date:23 July 2019

Roberto Wessels likes to supervise the following topics in the area of Gender bias:


Internship at ING

Date:09 June 2019
Author:dr. Auke Plantinga
Want to know what it is like to work at a global bank? What is a ‘typical day at the office’? Would I feel at home? What is it like to experience the financial turbulence from nearby? These questions will be answered when you do your internship with ING Bank, in the Amsterdam dealingroom. We are looking for a strong candidate to do a 6-month internship with the team that manages the bank’s interest rate risk. The intern would be part of the team, just like any regular employee.
Auke Plantinga

Regional Investing

Date:08 March 2019
Author:dr. Auke Plantinga

In the past two decade we have experienced a rather dramatic change in the way that households invest. Fuelled by a lot of bad press on active management and the skills of banks and asset managers, many have decided to disengage from stocks market investing...

Auke Plantinga opiniestuk

Dr. Auke Plantinga: ‘Iedereen vroeg met pensioen is duur’

Date:07 February 2019
Author:dr. Auke Plantinga

Afgelopen week verscheen dr. Auke Plantinga met een opiniestuk in het Dagblad van het Noorden. In dit artikel licht hij toe waarom het geen goed idee is om de pensioenleeftijd weer te verlagen.

Impact Investing: 'Generate change by your investment'

Date:06 February 2019
Author:dr. Lammertjan Dam

“The advantage of Impact Investing is the specific combination of risky investing on a small scale and thereby making a positive contribution which is often very manifest.”

Bad times coming?

Are the Good Times Over?

Date:31 January 2019
Author:dr. Lammertjan Dam
Last December, Dutch stock prices dropped dramatically and volatility increased significantly. Are things really that bad? Are these the first signs of the next recession? I decided to have a look at the underlying indicators.
Prof. dr. Bert Scholtens

Bert Scholtens about Impact Investing: 'Providing insight into the external effects'

Date:29 January 2019
Author:prof. dr. Bert Scholtens

“Information provision and generation have always been the force of financial institutions. This becomes even more important at Impact Investing, wherein the field is changing because of sustainability aspects.”


My internship at PGGM in Zeist: a testimonial by Cody van Wegen

Date:11 January 2019

In the academic year 2017-2018, I followed the master of Econometrics and Operations Research. After a prosperous first semester, the moment arrived to start with my master thesis. I found this quite exciting because, unlike a bachelor's thesis, your "hand...

Thesis topics

Overview of supervisors and topics

Date:03 January 2019
Author:dr. Auke Plantinga

The following overview of thesis supervisors provides a general indication of research topics. 

ING Trading

Internship at the Group Treasury department of ING

Date:13 December 2018
Author:dr. Auke Plantinga

Want to know what it is like to work at a global bank? What is a ‘typical day at the office’? Would I feel at home? What is it like to experience the financial turbulence from nearby?

Charles Adjasi, Development Finance, Impact Analysis, Robert Lensink, 2018, CIBIF

Seminar Charles Adjasi - Financial inclusion and household vulnerability

Date:04 December 2018
Author:dr. Auke Plantinga
Wednesday December 19th, 15.00 in 5411.0743. Vulnerability is a challenge in the welfare of households (Chaudhuri et al 2002, Dercon 2005). A household may be non-poor today but vulnerable to poverty tomorrow and a poor household today may face the probability of remaining poor or falling into deeper poverty tomorrow. T
Thomas Breeuwsma receives the IIM Thesis Award from Robert van der Meer.

IIM Finance Award 2018

Date:04 December 2018
Author:dr. Auke Plantinga

The jury of the IIM Finance Award has decided to award the price for 2018 to Thomas Breeuwsma.  The award consists of a cash prize of 2.500 euros and a certificate. The cash prize is intended for further education and research and is funded by the Professor...

Robert Lensink

Finance and productivity patterns of household enterprises in Ghana.

Date:03 December 2018
Author:prof. dr. Robert Lensink

The extent of firm level activity in most African countries is concentrated mostly in micro and small enterprises most of which are unregistered. Household enterprises in particular are one of the mediums to observe such firm level activity. Two challenges...

Impact analysis identifies cause and effect

What is impact analysis?

Date:02 December 2018
Author:dr. Hanna Fromell

To justify the continuation or adjustment of a development program or a policy, evaluations are commonly used to answer whether the intended outcomes are reached. Such outcomes can for example be an improvement of health, increase in productivity, or raise...

Bert Scholtens

Financial giants can have a pivotal role for climate stability

Date:28 November 2018
Author:prof. dr. Bert Scholtens

Financial institutions, such as banks and pension funds, have a key role to play in efforts to avoid dangerous climate change. And it is not only about redirecting investments to renewable energy and low-carbon businesses, but also to bolster the resilience...

Finance and Development

Focus Area Finance and Development

Date:20 November 2018

Below you can find a list of potential interesting topics for a master thesis for students who want to complete the Focus Area “Finance and Development” as part of the Msc Finance.  Note that all ideas need to be worked out further. Of course, this is just...

Thesis Event

Thesis and Internship Event

Date:13 November 2018
Author:dr. Auke Plantinga

This year, the MSc Finance and the MSc IFM together with student association RISK organize the Thesis and Internship Event. During this event on November 21, students who intend to start their MSc thesis Finance or IFM receive information on how to write a...

Financial Inclusion and Sustainable Growth: Recent Developments

Courses CIBIF: Financial Inclusion and Sustainable Growth: Recent Developments

Date:09 November 2018

Over the past years, many low-income countries have undergone extensive financial reforms. Despite these reforms, many households and enterprises, especially in Africa, are still unable to participate in the financial sector. While it is well known that financial...

Experiments in Developing Countries: Methods and Applications

Courses CIBIF: Experiments in Developing Countries: Methods and Applications

Date:09 November 2018

Until recently, empirical testing of the impact of development projects was extremely weak, and controversial. Most research on the impact of development projects suffered from severe methodological problems: almost none of the available empirical studies appropriately...

Quantitative Finance

Courses CIBIF: Quantitative Finance

Date:07 November 2018
This course provides an advanced treatment of the most important concepts in financial engineering. The course puts emphasis on the mathematical translation of concepts like risk, riskless profit, derivative instruments, tradable, and continuous time. Both derivative pricing as well as stochastic optimal control used in solving dynamic portfolio problems are introduced. Basic applications of the theory will also be dealt with and the practical applicability will be highlighted. The course is based on the book Arbitrage Theory in Continuous Time by Thomas Björk.
The participants in the Academy Building

Financial Inclusion and Sustainable Growth | Looking back on a successful Summer School

Date:30 October 2018
Last July the Centre for International Banking, Insurance and Finance (CIBIF)organized a successful Summer School for nearly forty researchers, practitioners and MPhil and PhD students. The participants, originating from 17 countries, exchanged knowledge and experiences about financial inclusion and engaged in deep and intriguing discussions.
Auke Plantinga

Maatschappelijk verantwoord beleggen moet overbodig worden.

Date:16 September 2018
Author:dr. Auke Plantinga

Maatschappelijk verantwoord beleggen kan zich verheugen in een grote belangstelling van beleggingsfondsen en vooral pensioenfondsen. Er is een maatschappelijke trend waarbij verwacht wordt dat ondernemingen niet alleen financieel goed presteren, maar ook op...

Niels Hermes is professor at the Faculty of Economics and Business of the University of Groningen

Can microfinance institutions reduce poverty?

Date:05 June 2018
Author:prof. dr. Niels Hermes

The market for micro-finance is booming and cross-border funding for micro-finance institutions (MFIs) is increasing. It is important for microfinance institutions to show their effect in reducing poverty to maintain long-term interest of investors.

Burgemeester Van Dijk van de gemeente Aa en Hunze feliciteert Robert Lensink met zijn onderscheiding

Koninklijke onderscheiding voor Robert Lensink

Date:01 May 2018

Donderdag 26 april zijn vier RUG-medewerkers op voordracht van de Rijksuniversiteit Groningen (RUG) koninklijk onderscheiden. Onder hen is prof.dr. Robert Lensink, hoogleraar Finance & Financial Markets aan de Faculteit Economie en Bedrijfskunde. Hij werd benoemd...

Robert Lensink is a professor at the Faculty of Economics and Business of the University of Groningen

Can Business Training Reduce Poverty?

Date:22 March 2018
Author:prof. dr. Robert Lensink

Is access to finance sufficient on its own to bring people out of poverty? Or is there a need for business training to complement financial access? In a recent paper we investigated this in a large micro-finance institution, Tao Yeu May, in Vietnam.

Financial Modeling in Excel

Courses CIBIF: Financial Modeling in Excel

Date:09 March 2018

Deze cursus is speciaal ontwikkeld voor financiële expert die in hun dagelijks werk veel financiële modellen bouwen of gaan bouwen in Excel. In de praktijk wordt Excel vaak gebruikt voor het modeleren van verschillende financiële vraagstukken, zoals het waarderen...

Marc Kramer

Transparante advieskosten

Date:08 February 2018

MIFID II verbiedt sinds begin 2018 het ontvangen van provisies bij onafhankelijk advies. In Nederland bestaat het provisieverbod al sinds 2013. Vorige week presenteerde het Ministerie van Financiën een eerste grondige evaluatie. Volgens de minister is het provisieverbod...

Financial Inclusion and Sustainable Growth

Summerschool: Financial Inclusion and Sustainable Growth

Date:22 January 2018

Over the past years, many low-income countries have undergone extensive financial reforms. Despite these reforms, many households and enterprises, especially in Africa, are still unable to participate in the financial sector. While it is well known that financial...

Worskhop on Impact Evaluation and Monte Carlo Simulation

Date:20 January 2018

AERC is organizing a technical workshop to enhance the skills of researchers in Impact Evaluation (RCTs/Experiments)[1] and Monte Carlo Simulation. The impact evaluation component of the course is a joint initiative between AERC and the University of Groningen,...

Lammertjan Dam

How risky is the stock market?

Date:18 January 2018
Author:dr. Lammertjan Dam

Stocks can be an attractive investment. At the same time, many people are reluctant to invest in stocks, as they fear big losses due to the riskiness of stock market investment. With financial crises in mind, they rather avoid suddenly losing almost half of...

Dr Swarnodeep Homroy is an Assistant Professor at the Faculty of Economics and Business of the University of Groningen.

Female directors, board committees and firm performance

Date:29 November 2017
Author:Colin P. Green and Swarnodeep Homroy

What effect, if any, does female representation have on board performance? Previous research says none. Our research says otherwise.

Auke Plantinga

Financial planning voor mensen met een laag inkomen.

Date:27 November 2017
Author:dr. Auke Plantinga

Financieel advies is vaak gericht op de middeninkomens en de topinkomens. Dit komt omdat deze groep interessant is voor adviseurs, financial planners, en private bankers die hun boterham verdienen met het bedienen van deze doelgroepen. Een groot deel van de...

Martien Lamers

Stabiliteit van banken heeft baat bij eenvoudigere kapitaaleisen.

Date:06 November 2017

Een bank houdt eigen vermogen (kapitaal) aan om zichzelf in te dekken tegen mogelijke verliezen. In tegenstelling tot ondernemingen in andere sectoren houden banken relatief weinig kapitaal aan. Zo hebben de 4 Nederlandse grootbanken een eigen vermogen van...

Lammertjan Dam

De impact van duurzaam beleggen op aandelenrendementen

Date:18 October 2017
Author:Lammertjan Dam

In deze video legt Lammertjan Dam op een inzichtelijke wijze uit wat de impact van een focus op duurzame aandelen heeft op het rendement van de beleggingen. Deze discussie speelt een belangrijk rol bij de inrichting van het beleggingsbeleid van met name pensioenfondsen...

Dirk Bezemer

Gevaarlijk optimisme

Date:27 April 2017

Is stabiliteit destabiliserend? We hebben ruim zeventig jaar stabiliteit in Europa achter de rug, maar zijn bezig de structuren die dat mogelijk maakten – EU, Navo, handelsverdragen – af te breken. Steeds vaker hoor je de analogie met de jaren voor 1914. Het...

Auke Plantinga

De particuliere belegger is aan het verdwijnen

Date:20 April 2017
Author:dr. Auke Plantinga

Steeds minder mensen bezitten zelf direct aandelen of beleggingsfondsen. In het midden van de jaren negentig van de vorige eeuw hadden zo’n 6% van de gezinnen zelf aandelen en zo’n 9% hadden beleggingsfondsen. Deze percentages zijn in de loop van de tijd sterk...

Auke Plantinga

Te hoge boetes bij oversluiten hypotheek?

Date:21 March 2017
Author:dr. Auke Plantinga

De financiële sector heeft grote moeite om het verloren vertrouwen van de consument te herwinnen. Een nieuwe tegenslag hierbij is dat op 20 maart j.l. de AFM bevestigd heeft dat hypotheekfinanciers te hoge boetes hebben berekend aan klanten die hun hypotheek...

Hendrik Thelken

Uw persoonlijkheid kan veranderen en daarmee ook uw risico aversie

Date:17 February 2017

Bij de aanschaf van een financieel product, zoals bijvoorbeeld aandelen of beleggingsfonden, wordt je als financieel consument vaak gevraagd om een risicoprofiel in te vullen. Hiermee kan de bank dan controleren of uw gedrag wel in overeenstemming is met uw...

Lammertjan Dam

Voorspellen van aandelenkoersen

Date:07 February 2017
Author:dr. Lammertjan Dam

In een interview met het vakblad The Asset vertelt Lammertjan Dam over de door hem ontwikkelde Tealeaf App. Met behulp van de Tealeaf App kun je voorspellingen doen van het lange termijn verwachte rendement op aandelen. In de praktijk bestaat vaak het beeld...

Elisabeth van der Wagen

IIM Finance Award for Elizabeth van der Wagen

Date:25 November 2016

During the Finance Event of the MSc Finance and MSc International Financial Management, Elizabeth van der Wagen received the IIM Finance for her Master Thesis “The causal relation between corporate social performance and corporate financial performance”. Her...

Development Finance

‘We have to find out where Development Aid does work and why’

Date:23 November 2016

Robert Lensink is Professor of Finance at the Faculty of Economics and Business. He has always been very interested in development economics, the question of why some people are poor and others are rich. Lensink focuses on the evaluation of financial interventions...

Robert Lensink

Financial knowledge does not spread automatically

Date:15 November 2016
Author:prof. dr. Robert Lensink

The last decade has seen an enormous increase in microfinance programs in developing countries.  The promise that microcredit would eradicate poverty rests on the assumption that poor people, especially women, were “trapped” in poverty because they lacked access...

Marc KRamer

Financieel zelfvertrouwen

Date:02 November 2016

Huishoudens worden meer verantwoordelijk voor hun eigen financiële toekomst. Dat is niet zonder risico.

Auke Plantinga

Financieel advies als alternatief voor financiële leerplicht

Date:06 October 2016
Author:dr. Auke Plantinga

De consumentenmarkt voor financiële producten is behoorlijk veranderd. De regelgever is druk bezig geweest om allerlei vormen van commissies en kickback uit te bannen om af te rekenen met het verleden van door verkoopargumenten gedreven advisering.