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

  • 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 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; 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.

    FNCE611001  ( Syllabus

    FNCE611002  ( Syllabus

    FNCE611003  ( Syllabus

    FNCE611004  ( Syllabus

  • 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 fullsemester Corporate Finance course: market efficiency, corporate financial policy (including capital structure, cost of capital, dividend policy, and related issues), and options. Format: Primarily lecture. Grading based on problem sets, one or two cases, and a final exam.

    FNCE614001  ( Syllabus

    FNCE614002  ( Syllabus

    FNCE614003  ( Syllabus

    FNCE614004  ( Syllabus

Previous

  • FNCE100 - Corporate Finance

    This course provides an introduction to the theory, the methods, and the concerns of corporate finance. The concepts developed in FNCE 100 form the foundation for all elective finance courses. The main topics include: 1) the time value of money and capital budgeting techniques; 2) uncertainty and the trade-off between risk and return; 3) security market efficiency; 4) optimal capital structure, and 5) dividend policy decisions. During the fall semester there are honors sections of FNCE 100 offered. The seats in the honors sections are awarded through an application process. Please go to https://fnce.wharton.upenn.edu/programs/course-applications/ for additional information.

  • FNCE601 - Corporate Finance

    FNCE601 IS USED BY THE WEMBA PROGRAM - Wharton MBA students please refer to FNCE611. 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 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; 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.

  • 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 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; 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 fullsemester Corporate Finance course: market efficiency, corporate financial policy (including capital structure, cost of capital, dividend policy, and related issues), and options. Format: Primarily lecture. Grading based on problem sets, one or two cases, and a final exam.