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Of course, not all projects will provide all of these benefits, certainly not to the same degree and you will probably have strong views on what kind of benefit you want to emphasise when you select your project. Planning your project In planning your project you should consider the following: 1. It is important to select a topic in which you are interested rather than one that you believe will be easy to do. 2. The absolute minimum that will gain a pass is a very well executed replication of a piece of research that has been done by someone else, but on a different data set from yours, or applied to a different type of asset etc. But if you aim merely for this minimum you run the risk that your 5 execution will not be of a sufficiently high standard. What we are really looking for is for you to generate a small number of your own ideas or questions and to investigate these professionally, using the techniques you have learned on the course. One way to do this is to develop an existing piece of work by testing or relaxing some of the assumptions on which it is based. Matlab Clinic There will be a Matlab econometrics clinic to answer student’s general queries on Matlab programming and applied econometrics that may arise when undertaking the MSc project. This will include advice on interpreting econometric results and general issues about programming in Matlab. The clinic will be for general guidance only and will direct you to appropriate text books/references where this is appropriate. It WILL NOT, for example, answer any questions, which directly arise from other courses (e.g. SAFE), nor will it check or write programs – this is your responsibility. Details of the staffing and times of availability will be announced later in the year. What your supervisor will do 1 Your supervisor will offer advice on whether you are being too ambitious, or not ambitious enough, both in your initial proposal and throughout the supervision period. In either case, it will be up to you to decide how to rectify the situation. 2 The choice and the quality of the final project are your responsibility, not your supervisor’s. It is important that you recognise that you will be doing the work for the project; your supervisor will simply provide general guidance. A project is not a taught course; a key part of the task is for you to choose various avenues (some of which may prove to be dead-ends) to investigate. 3 Your supervisor will be more reactive than proactive: It is up to you to come up with suggestions for your work, on which your supervisor will comment, not the other way around. I.e. your supervisor will not tell you what you should work on, nor will he/she tell you what you should ‘do next’, or what you should do to ‘get a distinction’. He or she will assess your proposed course of |
