Students studying the MSc in Finance at the University of Liechtenstein generally finish their Master’s degree programme with a thesis project, which they write in their fourth semester.
The overview below shows finished thesis projects of the last years (with author and supervisor).
In case of questions, please contact our Executive Director Dipl. Ing. (FH) Patrick Krause, MA.
Master’s Theses winter semester 2020/2021
All Master's theses MSc Finance - winter semester 2021 (PDF)
Author: Böhler, Benedikt
Supervisor / Assessor: PD Dr. Martin Angerer
Title: Signal theory and the funding amount of blockchain based firms:
Evidence from Security Token Offerings
Author: Muther, Tobias
Supervisor / Assessor: Dr. Lars Kaiser
Title: The power of exclusion | What impact does a moving exclusion barrier
have on portfolio characteristics?
Author: Walch, Alexander
Supervisor / Assessor: Prof. Dr. Nicolas Raschauer
Title: Legal Requirements and Business Concept for a Liechtenstein SME Fund Collateralized
by Tokenized Assets under Liechtenstein Blockchain Law
Master's Theses summer semester 2020
All Master's theses MSc Finance - summer semester 2020 (PDF)
Author: Königer, Marco
Supervisor / Assessor: PD Dr. Martin Angerer
Title: Economic analysis of alternative digital money investment opportunities of fintech innovations
Author: Meyer, Peter
Supervisor / Assessor: PD Dr. Martin Angerer
Title: Portfolio management of cryptocurrencies
Author: Coronado, Andrés
Supervisor / Assessor: PD Dr. Martin Angerer; Ömer F. Güven, CFA, M.Sc.
Title: Risk in the Cryptocurrency Market: testing the top 100 Cryptocurrencies and portfolio optimization
Author: Daetz, Felix
Supervisor / Assessor: PD Dr. Martin Angerer; Ömer F. Güven, CFA, M.Sc.
Title: Security Token Offerings – Evaluation of investor’s preferences by applying a conjoint analysis
Author: Vladimirov, Rodion
Supervisor / Assessor: PD Dr. Martin Angerer; Ömer F. Güven, CFA, M.Sc.
Title: Behavioral anomalies in the ICO market: Disposition and House money effects
Author: Fend, Philipp
Supervisor / Assessor: Prof. Dr. Michael Hanke
Title: Factors Influencing the Asset Allocation of Swiss Pension Funds to Alternative Investments
Author: Gehrer, Madelaine
Supervisor / Assessor: Prof. Dr. Michael Hanke
Title: Impact of Margin Changes on the Swiss Commodity Futures Market
Author: Haas, Sandro
Supervisor / Assessor: Prof. Dr. Michael Hanke
Title: Empirical Study on Swiss Pension Funds: What is their real funding ratio?
Author: Salomon, Christoph
Supervisor / Assessor: Prof. Dr. Michael Hanke
Title: Valuation of DAX Bonus Certificates - A Machine Learning Approach in Financial Engineering for Mispricing Analysis via Neural Networks
Author: Schein, Jennifer Nadine
Supervisor / Assessor: Prof. Dr. Michael Hanke
Title: Assessing and managing currency risk in the automotive industry
Author: Tanasic, Radenko
Supervisor / Assessor: Prof. Dr. Michael Hanke
Title: Numerical Option Pricing under the Heston Model including Stochastic Correlation
Author: Brandauer, Paul
Supervisor / Assessor: Dr. Lars Kaiser
Title: ESG and ESG-momentum – Looking at both sides of the same coin
Author: Casanova, Carolina
Supervisor / Assessor: Dr. Lars Kaiser
Title: Performance of a Momentum Trading Strategy & the Reversal Effect during Momentum Crashes
Author: Oberdorfer, Lorenz Kilian
Supervisor / Assessor: Dr. Lars Kaiser
Title: Uncovering the Relationship between Momentum and Carbon Risk: Evidence from International Stock Markets
Author: te Riele, Sem
Supervisor / Assessor: Dr. Lars Kaiser
Title: The Influence of Institutions on the Performance of International Investments
Author: Uyumaz, Gabriel
Supervisor / Assessor: Dr. Lars Kaiser
Title: ESG in Public Family Firms – A Socioemotional Wealth Perspective
Author: Hauser, Christian Paul
Supervisor / Assessor: Dr. Tanja Kirn
Title: Determinants of Real Estate Prices with a Focus on Monetary Policy in Switzerland
Author: Allgaeuer, Silvia
Supervisor / Assessor: Prof. Dr. Marco J. Menichetti
Title: Measuring Impact Investing: An Evaluation of Existing Measurement Approaches and Development of an Alignment Model
Author: Chetibi, Philipp
Supervisor / Assessor: Prof. Dr. Marco J. Menichetti
Title: Green Bond Investing – An Empirical Analysis and Evaluation of Individual Investors’ Preferences & Attitudes
Author: Guerza, Nagib
Supervisor / Assessor: Prof. Dr. Marco J. Menichetti
Title: Green Bond Certifications – An Empirical Study
Author: Jashari, Jon
Supervisor / Assessor: Prof. Dr. Marco J. Menichetti
Title: Hedging FX risk for international equity and bond portfolios
Author: Löchle, Nadja Christina
Supervisor / Assessor: Prof. Dr. Marco J. Menichetti
Title: The development of the SDGs in the financial industry – An investigation on retail investors’ preferences and investment opportunities
Author: Milosovic, Erik
Supervisor / Assessor: Prof. Dr. Marco J. Menichetti
Title: Drivers of the Adoption of Robo-Advisors in Wealth Management: Impact of Attributes of Innovation and Other Factors
Author: Zell, Iryna
Supervisor / Assessor: Prof. Dr. Marco J. Menichetti
Title: Family Business Finance and Internationalization: Analysis and Implications*
Author: Mensch, Clemens
Supervisor / Assessor: Prof. Dr. Marco J. Menichetti; Hendrik Adriaan Idema, MSc
Title: Seeking and explaining risk premium between green bonds and their conventional peers
Author: Ababii, Cristian
Supervisor / Assessor: Prof. Dr. Marco J. Menichetti; Hendrik Adriaan Idema, MSc
Title: The institutional investors’ preferences for impact investments: A cross-border analysis between the United States and Europe
Author: Broger, Emanuel
Supervisor / Assessor: Dipl.-Ing. Mag. Dr. Sebastian Stöckl
Title: Changes in Investor Attention and the Cross-Section of Stock Returns: Evidence from Thomson Reuters and Google Trends
Author: Kaiser, Dominik
Supervisor / Assessor: Dipl.-Ing. Mag. Dr. Sebastian Stöckl
Title: Momentum Meets Uncertainty
*Thesis has temporarily been blocked for third parties at the request of the student