Institute for Capital Markets and Corporate Finance

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Désirée-Jessica Pély, MBR

Désirée-Jessica Pély, MBR

Assistant Lecturer and PhD Student


Schackstraße 4
80539 München

Room: 015
Fax: +49 (0) 89 2180-2016

Office hours:
Mondays, 11:00 am-12:00 pm (please send an email for advance registration).
During the semester break by appointment only.

Further Information


Areas of Responsibility:

  • German National Scholarship
  • Recognition of and Transferring other universities' credits
  • Web/ PR


  • Behavioral Finance Lecture (M.Sc.; Fall 2019)
  • Behavioral Finance (M.Sc.; Fall 2018)
  • Capital Markets and Portfolio Management (B.Sc.; Summer 2016)
  • Corporate Finance (B.Sc.; Fall 2015, 2016, Summer 2018, 2019)
  • Advanced Risk Management (M.Sc.; Fall 2017)
  • Investment and Finance (B.Sc.; Fall 2015)
  • Seminar "START with Business Planning" (B.Sc.; Summer 2017)
  • Seminar "Selected Topics in Finance" (B.Sc.; Fall 2017, 2018, 2019, Summer 2018, 2019)

Fields of Research:

  • Behavioral Finance, Social Finance, Corporate Finance


  • Cronqvist, H., & Pély, D. (2019). Behavioral and Social Corporate Finance. In Oxford Research Encyclopedia of Economics and Finance. Oxford University Press. doi:
  • Pély, D. (2020). Managerial Ambiguity harms M&A Success and Corporate Performance. Exechange News. (Access through: Link)

Working Paper: 

Academic Background:

  • Since 05/2015 LMU Munich, PhD Student and Research and Teaching Assistant at the Institute for Capital Markets and Corporate Finance, Prof. Dr. Markus Glaser
  • 2019 Yale University, Visiting Student at the Yale School of Management
  • 2017 LMU Munich, Master of Business Research
  • 2016 University of Miami, Visiting Scholar at the Department of Finance
  • 2014 Florida State University, Visiting Graduate Student
  • 2013 – 2014 LMU Munich, Master of Science (y-Model)
  • 2011 Universidad de Zaragoza, Visiting Undergraduate Student
  • 2009 – 2013 LMU Munich, Bachelor of Science

Awards and Scholarships:

  • LMU Munich, Job Market Fellowship and Mentoring Scholarship
  • LMU Management Alumni Conference Grant to present at the Annual Meeting of the Financial Management Association (FMA) 2019 in New Orleans, Louisiana
  • International Center for Finance Yale School of Management, Scholarship to visit Yale School of Management
  • LMU Munich and Münchener Universitätsgesellschaft, Scholarship to visit Yale School of Management
  • The European Finance Association (EFA) Membership Grant to attend the 2019 Annual Meeting in Lisbon, Portugal
  • LMU Management Alumni Conference Grant to present at the Annual Meeting of the Society for
    Experimental Finance (SEF) 2018 in Heidelberg, Germany
  • The European Finance Association (EFA) Membership Grant to attend the 2018 Annual Meeting in Warsaw, Poland
  • The American Finance Association (AFA) Doctoral Student Travel Grant to attend the 2018 Annual Meeting in Philadelphia, Pennsylvania
  • LMU Munich and DAAD (German Academic Exchange Service), Foreign Research Scholarship to visit Miami Business School
  • LMU Munich and DAAD (German Academic Exchange Service), Foreign Exchange Scholarship to visit Florida State University
  • LMU Munich and Allianz SE, German National Scholarship
  • University of Augsburg, Elite Network of Bavaria