Photo of Stephan Dieckmann

Stephan Dieckmann

Deputy Vice Dean of Academic Affairs in the MBA Program Office.

Adjunct Associate Professor of Finance

Research Interests: dynamic asset pricing, fixed income markets, risk management, in particular rare event risk and credit risk, insurance economics, financial econometrics

Links: Personal Website

Contact Information

Address: 2252 SH-DH, Philadelphia, PA 19104
Email: sdieckma@wharton.upenn.edu
Office: (215) 898-4260

Overview

Dr. Stephan Dieckmann is the Deputy Vice Dean of Academic Affairs in the MBA Program. He has been teaching in the Finance department at the Wharton School since 2008. His teaching portfolio includes several electives in the areas of capital markets and investments, such as Financial Derivatives and Fixed Income Securities, as well as the core course Corporate Finance. Prior to joining Wharton, he was on the Finance faculty at the W.P. Carey School of Business, Arizona State University. Dr. Dieckmann received his Ph.D. from Carnegie Mellon University, and he has published his research in scholarly journals and has presented at international conferences and universities in the U.S. and Europe.  Dr. Dieckmann's research interests include questions in asset pricing and insurance economics. Prior to his academic career he worked in the financial industry, where he was responsible for interest rate risk management activities, specializing in interest rate options and the management of callable debt.

Courses

Current

  • FNCE235 - Fixed Income Securities

    This course covers fixed income securities (including fixed income derivatives) and provides an introduction to the markets in which they are traded, as well as to the tools that are used to value these securities and to assess and manage their risk. Quantitative models play a key role in the valuation and risk management of these securities. As a result, although every effort will be made to introduce the various pricing models and techniques as intuitively as possible and the technical requirements are limited to basic calculus and statistics, the class is by its nature quantitative and will require a steady amount of work. In addition, some computer proficiency will be required for the assignments, although familiarity with a spreadsheet program (such as Microsoft Excel) will suffice.

    FNCE235001  ( Syllabus

  • FNCE725 - Fixed Income Securities

    This course covers fixed income securities (including fixed income derivatives) and provides an introduction to the markets in which they are traded, as well as to the tools that are used to value these securities and to assess and manage their risk. Quantitative models play a key role in the valuation and risk management of these securities. As a result, although every effort will be made to introduce the various pricing models and techniques as intuitively as possible and the technical requirements are limited to basic calculus and statistics, the class is by its nature quantitative and will require a steady amount of work. In addition, some computer proficiency will be required for the assignments, although familiarity with a spreadsheet program (such as Microsoft Excel) will suffice.

    FNCE725001  ( Syllabus

Previous

  • FNCE235 - Fixed Income Securities

    This course covers fixed income securities (including fixed income derivatives) and provides an introduction to the markets in which they are traded, as well as to the tools that are used to value these securities and to assess and manage their risk. Quantitative models play a key role in the valuation and risk management of these securities. As a result, although every effort will be made to introduce the various pricing models and techniques as intuitively as possible and the technical requirements are limited to basic calculus and statistics, the class is by its nature quantitative and will require a steady amount of work. In addition, some computer proficiency will be required for the assignments, although familiarity with a spreadsheet program (such as Microsoft Excel) will suffice.

  • FNCE611 - Corporate Finance

    This course serves as an introduction to business finance (corporate financial management and investments) for both non-majors and majors preparing for upper-level course work. The primary objective is to provide the framework, concepts, and tools for analyzing financial decisions based on fundamental principles of modern financial theory. The approach is rigorous and analytical. Topics covered include discounted cash flow techniques; corporate capital budgeting and valuation; investment decisions under uncertainty; capital asset pricing; options; and market efficiency. The course will also analyze corporate financial policy, including capital structure, cost of capital, dividend policy, and related issues. Additional topics will differ according to individual instructors.

  • FNCE614 - Corporate Finance ( Half CU)

    This course serves as an introduction to corporate investments for non-majors. The primary objective is to provide a framework, concepts, and tools for analyzing financial decisions based on fundamental principles of modern financial theory. The approach is rigorous and analytical. Topics covered include discounted cash flow techniques, corporate capital budgeting and valuation, investment decisions under uncertainty, and capital asset pricing. This course will not cover the following topics included in FNCE 611, the full semester Corporate Finance course: market efficiency, corporate financial policy (including capital structure, cost of capital, dividend policy, and related issues), and options. Please Note: This course will not count towards the Finance Major. Format: Primarily lecture. Grading based on problem sets, one or two cases, and a final exam.

  • FNCE725 - Fixed Income Securities

    This course covers fixed income securities (including fixed income derivatives) and provides an introduction to the markets in which they are traded, as well as to the tools that are used to value these securities and to assess and manage their risk. Quantitative models play a key role in the valuation and risk management of these securities. As a result, although every effort will be made to introduce the various pricing models and techniques as intuitively as possible and the technical requirements are limited to basic calculus and statistics, the class is by its nature quantitative and will require a steady amount of work. In addition, some computer proficiency will be required for the assignments, although familiarity with a spreadsheet program (such as Microsoft Excel) will suffice.