Statistics at Hanken is specialized in economic statistics and econometrics. Areas of activity and strength include financial, applied and micro econometrics.
Statistics (including mathematics) is a key supporting subject for all business and economics students as well as business and economics professionals. Statistics is offered as a minor at Hanken, as a study module in the MSc programme in Finance in Helsinki, as a specialization in the PhD programme in Finance in Helsinki.
Some of the recent research/teaching activities pursued by the members of the subject (captured via images) are given below.
Histogram of trade durations for Apple on Nasdaq for 29.8.2016-29.8.2017. From ongoing research by Markus Belfrage and Gunnar Rosenqvist on Modelling Ultra-High Frequency Trade Durations with the ACD Model.
Continuous wavelet transform of the number of trades (high-frequency trading) per 1-min timebars (spanning trading time between 09:30h and 16:30h) for Dow30 stocks for 2016, aggregated over stocks and averaged over trading days. From the project of Agnieszka Jach with John Broussard and course Introduction to Mathematical Finance.
Hill plots for the standardized residuals from the Vector Autoregressive models for the Credit Default Swap prices data. From a recent publication by Paul Catani and Niklas Ahlgren in “Econometrics and Statistics”.