Welcome to Hidetaka Ohara's Home Page



Last Update 14 Sept, 2015.
Hidetaka OHARA
Professor, Department of Commerce, Meiji University.
(NOT a Business School, but an ordinary graduate school only for research.
You cannot get MBA degree here. See below NOTE 2, in detail.)
This laboratory is especially ONLY for ACADEMIC researchers, NOT for practitioners. If you want the latter or carrier up, you should go to Business School to get MBA degree! (See below NOTE 2, in detail.)
NOT Finance laboratory, but Monetary section
I am now a sociologist (different from an economics), not an economist nor an economic scholar (KEIZAIGAKUSHA).
But based on what I have accumulated as a specialist, I will teach abstract mathmatical modelling for monetary economy in this graduate school.
(Anti-Inflation and Anti-Reflation theorist).
Notes for Daigakuin Graduate Level このページは、大学院レベルの学習、明治大学大学院商学研究科マネタリーエコノミクス部門 について、英語で書いてあります。
(For undergraduate education, please see undergraduate seminar web page
普通の大学・学部教育の情報は、全く異なるので、 学部ゼミのページ をご覧ください。)


NOTE1 : Master thesis theme is limited to the philosophy of Money including critisism to the Quantity Theory of Money,
NEVER on Finance. This class treats only an economic mathmatical modelling in abstract form, not treating real japanese firms data nor management.
It is absolutely diffrent from finance area or securities analysis area.
This lavolatory requies you as a pre-requisite that you must graduate undergraduate university in the economics or finance mayjor at honorable grade.
Severe News! 1) From 2015, you must submit master thesis progress report by March in the first year in this graduate school, this is because under the pressure of JIKOTENKEN mutual evaluation of universities, there is bad situation that many foreign students cannot write master thesis on the second year. The progress report, in case, has the form of half of master thesis that is over 40,000 Japanese charactors. So, more and more, you have to study adavanced level of economics and finance before you take the entrance exam.
It is too late if you think you manage to study after you enter the graduate school.
Severe News! 2) From 2015, you must also make master thesis defence on the first week of July of the second year. Thesis defence is required at the every U.S. academic graduate school. That is, you must make a presentation about your master thesis in the front of all professors and students in this graduate school in the large class room; you must "defend" to criticism from the professors. The talk must be in Japanese. It will be tough wall for you.

Seminar talked language is Japanese only. Your ability to translate English text into Japanese is absolutely needed. Always translation into Japanese makes graduate level study in Japan for coming from abroad students very, very inefficient. You had better study finance directly in English elsewhere. See Note 5 below in detail.
This laboratory is NOT on Finance nor Asset Pricing of stock prices nor foreign exchange rates, nor Securities Analysis, nor Corporate Finance, nor Financial Institutions, nor Banking Sector, nor Financial Regulation, nor Contract Theory nor any Monetary Policy Matters nor recent inflations in emerging countries. Therefore, I will NOT accept students pursuing these topics, please find other professors somewhere. There are many, many hidden good professors in Japan, and even more in the world. See below.
The following is very, very important for all applicants for graduate school. You had better select graduate school by whether there is professor that is fit for your specified research theme in the pin point, NEVER select graduate school by rating of University's name. Applicants from abroad MUST thoroughly search for and select the appropriate thesis supervisor professor SHIDO KYOJU 指導教授
that is the best fit for your research topic in the pinpoint. Or you will fail in MENSETSU SHIKEN, an oral examination after you passed the paper test in Japanese graduate entrance exam system. The oral examination is NOT an interview, that is, you will be also questioned the advanced undergraduate level of monetary economics and macroeconomics in Japanese. And you CANNOT change thesis supervisor professor SHIDO KYOJU 指導教授
after you enter the graduate school in Japanese system.


Here Meiji Commerce, there are several professors whose specialities are NOT finance BUT monetary economics, international monetary system, and so on in Monetary and Finance division in Meiji Commerce. There is only one professor who is a active core member of NFA (NIPPON Finance Association, Japanese Finance Association)
and who continues still producing new academic papars in genuine finance area in international level and making presentations in international academic meetings in the U.S. and the Europe; see and check carefully Graduate School of Commerce Money and Securities section Facalty list (sorry, Japanese web page).

There is no professor who was former investment banker, nor, fund maneger, stock analyst, nor, foreign exchange dealer in Monetary and Finance division in Meiji Commerce. There is no connection to the finance industry in Japan. Here, again, this graduate school is NOT a business school. You should not expect any practical training on finance.
And about among all japanese universities how to find the appropriate thesis supervisor professor, for example finance, see the web link list below.
Anywhere, you should thoroughly read all Universities' Faculty web pages in the destination country. And you must read each hypothetical supervisor professor's graduate level syllabus (lecture plan and information).
(As for Meiji's syllabus, Oh! Meiji System. click the bottom second ``Class Web'', click Guset name: guest, pass: guest sorry, almost in Japanese only)
Be cautious that in the graduate level other than undergraduate level, specially is very, very narrow and strict; pinpoint fitting is the most important.
NOTE2: This laboratory is especially ONLY for ACADEMIC researchers, NOT for practitioners. If you want the latter, you should go to Business School to get MBA degree! This is an ACADEMIC Graduate School, where you cannot get MBA degree nor you cannot be taught how to do business, that is, NEVER a Professional School or Business School.

If your objest is career up in financial practice or you want to get practical finacial knowlede broadly and efficiently, you must go to Business School even if they are with high tuition.
You must not think of this academic school as a substitute for business school with low tuition. You cannot get practical knowledge in this division in this graduate school. You will lost two years time and two years tuition.
Because this graduate school is for an academic research, you cannot graduate if you cannot write and submit long, long, Master thesis with over 40,000! Japanese charactors academic professional level. In business school, you need not to write such a master thesis.
This thing is completely diffrent from business school and writing a formal academic paper is suprisingly very time consuming. You must read very many, many academic papers for it. You consume every time for master thesis on the second year. There is no Master thesis obligation in business school. It's completely different.
So, you should save money and go to practical "real" business school.
In Japan, Waseda Finance school(see below) is said to be the best business school for financial practice. See below, in detail.
In Japan, evening school is NEVER a sign of low education level for a working class, rather, e.g. Waseda Finance school has very high education level in Japan, because quality of students is high, the first class financial company's employee such as Merrill Lynch and Nomura securities come to Waseda finance school because the reccommendation extrance exam system from famous company is effective. This thing in Japan is very diffrent from Evening school business school in your countries.
Meiji also has the Meiji Business School in the form of the other institution, an independent graduate school. This graduate school has no relation to Meiji business school; there is no credit transfer system between here to Meiji business school; you CANNOT attend business school classes.
And you can also get Master of Business Administration at
graduate school of Business Administration in Meiji University.
The Graduate School of Business Administration Meiji is an good choice for those who study finance. Especially, for corporate finance, its applied themes, M&A and "structured finance" and factoring, there is a good professor, Prof. Sakamoto, TsuneoSorry in Japanese.
Prof. Nakanishi, Mitsugu teachs derivatives such as futures and options, and trust and ABS in "Risk Manegemant" A Class. see Graduate School Syllabus at Oh! Meiji System Id: guest, Pass: guestSorry for that the final contents are in Japanese only.

profile of Prof. NAKANISHI, Mitsugu

Prof. NAKANISHI, MitsuguSorry in Japanese.
In addition, there are many good financial accounting professors
Faculty list of Graduate school of Business Administration in Meiji University in English.
For you to make a venture company, that is, if you want to be an entrepreneur,
why do not you go to Babson College that is the top specialized business school for entrepreneurship. See below about this business school in detail.
In Japan, relatively thinking, WASEDA Business School (both full time program and evening program), and RIKKYO university Business School are said to have a good environment (possibility of human connections). NIHON university business school had been closed.
For more better, in the midst of Silicon Valley, Stanford Business School and University of Berkerey Haas School of Business, the latter undergraduate level statistics, asian students are the highest share. (To digress, most of finance professors in University of San Francisco seem to have chinese related names).

NOTE3: And only limited to this laboratory restriction, you can get only master degee at most and you CANNOT get doctor degree in this laboratory because of my qualification. It is of cource very, very difficult for you to get Master degree in this laboratory.
There is ever no one who has got master degree or doctor degree in this laboratory.
Again, you CANNOT change thesis supervisor professor SHIDO KYOJU 指導教授
after you enter the graduate school in Japanese system.

You cannot get MBA (Master of Business Administration) or DBA (Doctor of Business Administration) in this graduate school, Meiji Commerce.
Meiji Commerce is an academic school and it's only objective is to seek the truth, not for career up nor for money. You can get at most Master of Commerce, or Doctor of Commerce as a Japanese academic certificate, not an international certificate.
It takes time at least Five years to get Doctor degree in Japanese system (in U.S. standard years are Four and it is flexible.) : at least two years for Master Degree (recently many students takes more years) and there is the entrance exam for Doctor Program (academic English paper exam and very strict oral examination on your Master thethis), Most of studensts take Six years or more to get Doctor degree recently.
From 2014, you can get DBA (Doctor of Business Administration) at Meiji Business School. You need not submit Master thesis to go to doctor program there. That is a business school for career up.
About half of applicants fail this strict exam, and at least three years for Doctor Degree (recently most students takes more and more years).
In this graduate school, you can got only "Doctor of Commerce", not Ph.D, nor Doctor of Business Administration, those have global standard value.
You should think that there is almost no academic post in Japan for those who have got Doctor even Japanese native because of declining population, the number of children in Japan become half, there is no derived demand for teaching staff, rather the number of professor in Japan began to decrease. It is truly desperate situation. Nihon University Business school has been closed.
And you should know that you cannot move to non-academic jobs in Japan: You should know Japanese bank's culture never hire foreign students for permanent jobs even if they have got master or doctor. Never blame me.
Now Japan is the desperate society. This is the 20 years long chronic depression phenomenon of Japanese economy ater the 1980's Bubble burst. Even for Japanese natives, there are almost no permanent jobs for them to live normally in the life time, in the meaning that they marrige and have children and buy their own "my home". That is to say, there are so many non-permanent jobs such as MacDonald's or waiter or waiteress and so on, but permanent jobs are almost nothing. Japanese young only live for the time being by continue living in their parents house subsidied by old parents' pension income. Now per capita GDP in Japan is smaller than that in Singapore or Taiwan.
Now only stock prices are up, but the number of regular jobs are decreased in these two years, many people are compeled to work as a part-time jobs. In 2014, consumption tax rate was up and imported good prices up, but real wages are down, there are many, many poor workers in Japan. Many, many shops have shuted down everywhere. Japan is never a dream country.
So, you, foreign students, can live shortly by such non-permanent jobs in the time of students, but you cannot live in Tokyo area in the life time with marrige and children and your own my home.
Much more important is the VISA. Japan is very strict to immigration. So, you can easily get student VISA in Japan, but long-term labour VISA nor forever residential VISA is almost impossible in finance industry execpet in the case that you have got MBA degree at the U.S. top Business school such as Harvard, Wharton, and Stanford.
And Japanese company maintain a pyramid structure, not flat, and administrative positions are occupied Japanese native only, and, non-japanese employee are very, very difficult to promote. Chinese elites criticized it on Japanese local business weekly magazine (Nikkei Business Weekly 2012).
Women discrimination on work in Japan is almost the worst in the world. Women inequality Ranking is #101 among the world 135 contries! China is much more better. (Asahi Newspaper 2012) Even Japanese native women can got only supportive low-level jobs (IPPAN SHOKU) in Japanese company.
NOTE4: In this class, you absolutely need ability of mathmatics for economic modelling, that is fairly different from mathmatics for finance.
NOTE 5: Japanese language inefficiency: In Japan, graduate school level study usually uses English text or English academic journal paper or Japanese translated text from English. However, class room language is Japanese including presentation handout that students must make. That is because Japanese students are very poor at English, especially English conversation. So, Japanese translation must be intervened in all times. That makes your finace study in Japan very inefficient.

Level of research and education of finance in Japan are far behind compared to U.S. and U.K. Finance study and finace practice in Japan are limited to "imported study" from US and Europe.
And the price level, the standard of living in Tokyo area is still the highest in the world cities. Yen exchange rate become high and high in the long term. Food and residential cost is crazy high in TOKYO area. Japanese consumption tax, which will be up to 10 Percent, are imposed on all food, that is very severe tax because food is the necessity for students and general people, in contrast, in European Countries, VAT tax is not imposed on food and chilren goods and education.
And tokyo's summer (very long, from July to September)is too severe to live. High temperature 35 degree and
in additon!, Japanese summer is unconfortable because humidity level is also very, very high.
What is even worse, many people die from heat stroke every year. Tokyo's people sweat a lot only for a walk between buildings. Tokyo's summer is more unconfortable than Singapore or Indonesia, right on the equator, but less humidity. That is because heat island phenomenon as Tokyo is covered with concrete buildings that accumulate heat until midnight. Especially, Tokyo's summer night is uncofortable with high temperature. There are less parks, river and canal left in Tokyo. Recently, in the evening, there are many concentrated heavy rains.
In the fall, typhoons attack Japan with heavy rains. Air planes stop and many inconvenience.
And more, June is the Japanese rainy season. In contrast to European early summer July, it rains almost everyday and humidity level is extreamly high in Japan. Rainy season is the worst season in Japan. So, June to September is very bad season in Japan.
And more, tokyo's winter is severely cold. Sometimes there are snow falls. Compared to New York and Chicago, Tokyo is very weak to snow falls. Public transfromations stop. It is very inconvenient.
Tokyo's winter is too dry to live. It is drier than Cairo, the desert Egiptian capital city. It makes Women's skin get old severely.
In the winter, tokyo's air polution is very severe. PM2.5 is flowed from north east, that cause cancer.
There are many allergy to pollen and many allergy in TOKYO. Many people usually wear white mask.
So, June to September and December to March are not suitable to live or travel in Japan.
East Japan Big earthquake in 2011 makes other big earthquakes in Japan in more probability.
Really, there occured the NAGANO big earthquake in 23 November, 2014. Nagano was 1998 winter olympic venue. The Nature does not wait Olympic and human event. If there occured Nankai and Tokai big earthquake, Tokyo will be hit 3 meters TSUMANI according to professinal scholars. Most of Tokyo's citicenter will be distoroyed.
There are many active vocanos in Japan. Mt. Fuji, that is beautiful, is also a active vecano. Mt. Fuji was bombed in 1707, it will be bombed tomorrow.
In school system, you HAD BETTER study finance directly in U.S. as a undergraduate. If you go to U.S. graduate school as a bachelar, you need only one academic recomendation letter (in case, one company boss's reccomendation letter in addition). But if you once go to master program in Japan, from graduate school to graduate school, you need THREE academic reccomendation letters, it is very hard because in graduate level, it is very difficult to get high grade reccomendation from professors. Quality of reccomendation is very important for U.S. top school. Not only that you get high evaluation, but also the writer's academic position in international academics must be high.
And most of Japanese graduate school have not got the international accrediation, so you cannot count the credits in the Japanese master program in the U.S. graduate school.


So, you HAD BETTER study finance directly in English even in Asian campaus of U.S. and U.K. and European Universities.

one of the top U.S. Business school Chicago Business School Singapore Campus. Chicago Business School is famous for its competency in finance area.

one of the top International Business school INSEAD (French, but all classes are talked in English.) Singapore Campus.

U.S. one of the top school Yale University Singapore Campus.

U.S. one of the top school Duke University Singapore Campus. New link to new site.

one of the top school U.K. Nottingham University Malaysia Campus.

Australian Melborne based excellent university Monash University has also campus in Asia.

Singapore originally has founded very competitive business schools.
1) Wealth Management Institute in Singapore. (WMI) Very unique business school that is specialized in practical finance and Wealth Management. It seems to be the optimal school for those who would become fund manager, financial analyist, trader, dealer, and private banker because its education is very, very practical.

Another private banker education program is Swiss Finance Institute. Swiss is the top country of private bank. There is also Ph.D program.
Swiss Finance Institute
2) NUS Business School MBA course.
Singapore National University's Business School has overwhelming facilities for study, compared to Japanese Universities that are very poor.
NUS has alliance with Harvard University.

There is many good business schools in Hong Kong.
Now many, many asian elites are gathering to Australian Universities, because of its close geography, and its English high quality education and low tuition to U.S. University.
Australian Graduate School of Management (AGSM, Univ of New South Wales)
It is the first rank business school in Asia-Pacific region (included Japan). There are many asian elete students. Other Australian and New Zealand Business School have high rank and good education training.
Univ of New South Wales Master of Finance Program There is no nuclear power plant nor possiblitiy of big earthquake in Australia.

Now, there are world top rank English based Business Schools in China Mainland.
In addition, you have a chance to learn live Chinese language. Chinese Language is very difficult to learn because of pronunciation, that is, Chinese language has four or five sound tones, and sound tone is differennt from intonation of European Languages. You must learn over five thousands charactors. The author of "Investment Biker", Jim Rogers had moved to Singapore from NY for his daughter to learn Chinese, 21st century's main language.
1) Pecking University HSBC Business School (Beijing University)
[HSBC is the top banking corporation in the world, based in U.K. London.] All class are taught in English. Almost all teaching staffs have Ph.D in U.S. and European Universities. This fact is superior to any Japanese Univerisity.

2) Tsinghua University Business School
Tsinghua University is called the top graduate school in various research area in China. Many courses are talked in English.
There is Master of Finance Program.
Tsinghua University Economics and Management School has relation with U.S. MIT Sloan Business School.
Tsinghua University has alliance with U.S. Harvard Kennedy School.
Tsinghua University English web page
3) Fudan University Finance Department in Shanghai
In china, they say South China's Shanghai Fudan University ranks with North china's Pecking (Beijing) University.
Fudan University's Finance Department is the one of Nation's Strategic Field.

Fudan University English web page

2013 news! New York University, Shanghai Campus will be open. New York University Shanghai web page


Links for DAIGAKUIN Graduate Finance Programs

Of course, you should study finance at U.S. U.K. top business school. U.S. top level business school are very high in education level and practical training, in which you can get not only MBA (Master of Business Administration) but also DBA (Doctor of Business Administration).

Harvard Business School in Boston.
All mighty no. 1 business school famous for its case method.
Wharton School of Business in Philadelphia.
Business School specilized in finance area. There are strong hugry spirits, study even in holidayes to beat Harvard!
Stern School of Business, New York University. It is located in the center of New York, that has Wall Street, the world financial center. It is called Business School of Wall Street. It teaches practial matter in finance.
Two business school famous for their unique programs, in which students can make your portfolio in REAL BIG MONEY (that comes from donation and sponsoring) as fund managers!!
1) MBA in Applied Security Analysis Program (ASAP), Wisconsin School of Business


2) The Carlson Funds Enterprise, The Carlson School of Management at the University of Minnesota

If you want to be an entrepreneur (if you want to found a venture company), one of the best business school is Babson College.
This small school is specialized in entrepreneurship and business training.
Rather than one-way lectures, but training instructed by actively working CEOs. Human connection for venture companies is wonderful. This business school is not mass production. Large campus in the supurb of Boston. There is also undergraduate program.
unofficial information about Babson College in Japanese language. Information for life in Boston.

In UK, Mater Dgree can be got in one year. And British Pound exchange rate was down to about half vs Japanese Yen, this is the chance to study in U.K.
London Business School, LBS. Too famous!


Cass School of Business, London City University's Business School. It is located in the center of City of London, the world financial center. It teaches practial matter in finance.

Master of Finance, Reading University.
It is located in the west of London. It has very delux cyber trading room.

General Top level Business School
Stanford Business School
It is the PART of Syllicon Valley, the world's high-tech area.

Hass School of Business, University of U.C. Berkeley.
It is close to Syllicon Valley. It is the star of state universities in U.S. The tuition is a little cheaper.

Kellog School of Business, Northwestern University.
Kellog School is famous for its competence of Marketing area. It is located in Evanston city, north of Chicago, delux residencial area.

Chicago Business School, Chicago University.
It also has an Asian Campus in Singapore. See above.

Tuck School of Business, Dartmath College.
Columbia University Business School.
New York.
MIT Sloan School of Management in Boston. Very, very excellent MIT's business school.

Darden School of Business, University of Virginia
Like Harvard, this business school is famous for its case method.
Fuqua School, Duke University
It is academically famous for its high-frequency data financial econometrics.

Yale University, Business School.

Johnson School of Business, Cornell University

UCLA Anderson School of Management.
Los Angels.

Marshall School of Business, USC (University of Southern California) Los Angels.

Princeton University and Brown University are persistent in academics, so there is no business school there.
ISEAD, the top International Business school in Eurpean Continent.
It locates in Paris superb, in the excellent environment among forest. but all classes are taught in English.

Hitotsubashi Univ. Center for Financial Engineering Education 2008 new program. ( Hitotsubashi is a national university, so tuition is very cheep. ) This program is initiated by Graduate School of Economics Hitotsubashi Univ.
Contrary to U.S.A, national universities such as Hitotsubashi, Kobe, Kyoto, Osaka, Tokyo, Titech, are superior to private universities in Japan with cheap tuitions.
Hitotsubashi Univ. 2007 new H-MBA Finance Program (in English)
(Hitotsubashi is a national university, so tuition is very cheep. ) This program is initiated by Graduate School of Commerce Hitotsubashi Univ.
Hitotsubashi Univ. 2007 new H-MBA Finance Program (in Japanese)
(Hitotsubashi is a National University, so tuition is very cheep. )
Prof. Misumi

Hitotsubashi Graduate School of Commerce and Management English page

Hitotsubashi Graduate School
Prof. Iwaisako (Harvard Ph.D)

Hitotsubashi ICS MBA Financial Strategy Program (in English)
(Hitotsubashi ICS MBA is famous for its high level education on Mathmatical Finance, Financial Engineering and ``quants''. Hitotsubashi is a National University, so tuition is very, very cheep. Hitotsubashi ICS is specially located at KUDAN, very near to center of Tokyo city and Tokyo financial District. Its school building is very, very dulux with relax facilities and sports jim for students. Above Hitotsubashi MBA graduate schools are located in KUNITACHI city, very sophisticated suburb of TOKYO. )
Kobe University MBA (in Japanese)
Kobe Univ. is also a National University, so tuition is very cheep. The first business school in the west district of Japan.
In westen Area of Japan, there is less radioactive pollution than in Tokyo or Eastern Japan.
Waseda Business School, Graduate School of Business and Finance starts in 2016.
Waseda Univ. Graduate School of Finance and Waseda Business School(WBS) are unified as above. More comprehensive education is expected. Waseda finance school is famous for its practical finance education and excellent professors; e.g. IKEDA, OHMURA and so on).
Keio Business School (in English) The oldest and most famous business school in Japan. Harvard style ``case method''. Its education quality is guranteed by its being accredited by US AACSB ( The Association to Advance Collegiate Schools of Business).
Finance Prof. Obata's web site

Yokohama National University Business School;in Japanese Yokohama is the 2nd largest city next to Tokyo; that is well known for fashionable port city.

Ohara's Class 2015:
Graduate Monetary Theory Monetary philosophy. (NOT finance); (zero student not open)
Undergraduate Lecture Priciples of Monetary Theory A, B (Introductory Lecture for 1st and 2nd year students) 164 students
Undergraduate Lecture Monetary Theory A, B (for 3rd and 4th year students) 150 students
Undergraduate Seminar ``FP'' 2nd Grade 25 students
Undergraduate Seminar 3rd Grade 26 students
Undergraduate Seminar 4th Grade 24 students
Ohara's Class 2014:
Graduate Monetary Theory Monetary philosophy. (NOT finance); (zero student not open)
Undergraduate Lecture Priciples of Monetary Theory A, B (Introductory Lecture for 1st and 2nd year students) 175 students
Undergraduate Lecture Monetary Theory A, B (for 3rd and 4th year students) 150 students
Undergraduate Seminar ``FP'' 2nd Grade 26 students
Undergraduate Seminar 3rd Grade 25 students
Undergraduate Seminar 4th Grade 25 students

Ohara's Class 2013:
Graduate Monetary Theory Monetary philosophy. (NOT finance); (zero student not open)
Undergraduate Lecture Priciples of Monetary Theory A, B (Introductory Lecture for 1st and 2nd year students) students
Undergraduate Lecture Monetary Theory A, B (for 3rd and 4th year students) students
Undergraduate Seminar ``FP'' 2nd Grade 25 students
Undergraduate Seminar 3rd Grade 25 students
Undergraduate Seminar 4th Grade 25 students

Ohara's Class 2012:
Graduate Monetary Theory (NOT finance); (zero student not open)
Undergraduate Lecture Priciples of Monetary Theory A, B (Introductory Lecture for 1st and 2nd year students) 185 students
Undergraduate Lecture Monetary Theory A, B (for 3rd and 4th year students) 220 students
Undergraduate Seminar ``FP'' 2nd Grade 25 students
Undergraduate Seminar 3rd Grade 25 students
Undergraduate Seminar 4th Grade 18 students


Class 2011:
Graduate Monetary Theory (NOT finance); (zero student not open)

Undergraduate Lecture Priciples of Monetary Theory A, B (Introductory Lecture for 1st and 2nd year students) 209 students
Undergraduate Lecture Monetary Theory A, B (for 3rd and 4th year students) 175 students
Undergraduate Seminar ``FP'' 2nd Grade 25 students
Undergraduate Seminar 3rd Grade 18 students
Undergraduate Seminar 4th Grade 25 students

Class 2010:
Graduate Monetary Theory (NOT finance); (zero student not open)

Undergraduate Lecture Priciples of Monetary Theory A, B (Introductory Lecture for 1st and 2nd year students)(231 students)
Undergraduate Lecture Monetary Theory A, B (for 3rd and 4th year students) (163 students)
Undergraduate Seminar ``FP'' 2nd Grade (20 students)
Undergraduate Seminar 3rd Grade (25 students)
Undergraduate Seminar 4th Grade (22 students)

Class 2009:
Graduate Monetary Theory (NOT finance); (zero student not open)

Undergraduate Lecture Priciples of Monetary Theory A, B (Introductory Lecture for 1st and 2nd year students)(564 students)
Undergraduate Lecture Monetary Theory A, B (for 3rd and 4th year students) (184 students)
Undergraduate Seminar ``FP'' 2nd Grade (25 students)
Undergraduate Seminar 3rd Grade (24 students)
Undergraduate Seminar 4th Grade (25 students)
Class 2008:
Graduate Monetary Theory (NOT finance);(zero student not open)
Undergraduate Lecture Priciples of Monetary Theory A, B (Introductory Lecture for 1st and 2nd year students) (new!)
Undergraduate Lecture Monetary Theory A, B (for 3rd and 4th year students)
Undergraduate Seminar ``FP'' 2nd Grade (24 students)
Undergraduate Seminar 3rd Grade (25 students)
Undergraduate Seminar 4th Grade (12 students)
Graduate Monetary Theory
Class 2007:
Graduate Monetary Theory seminar (zero student not open) (NOT finance);
Undergraduate Lecture Monetary Theory A, B
Undergraduate Seminar ``FP'' 2nd Grade (25 students)
Undergraduate Seminar 3rd Grade (15 students)
Undergraduate Seminar 4th Grade (2 students)
Graduate Monetary Theory

Class 2006: Graduate Monetary Theory (NOT finance);(zero student not open)
Monetary Theory I, II
Undergraduate Seminar
Monetary Theory Section II (part time night program)
Undergraduate Seminar Section II (part time night program. Caution: now night part-time program was closed.
Class 2005: Monetary Theory I, II
Undergraduate Seminar (16 students)
Monetary Theory Section II (part time night program)
Undergraduate Seminar Section II (part time night program)(2 students)
Class 2004: Monetary Theory
Undergraduate Seminar I (15 students)
Monetary Theory Section II (part time night program)
Undergraduate Seminar II (6 students)
Class 2003: Monetary Theory
Undergraduate Seminar I (12 students)
Monetary Theory Section II (part time night program)
Undergraduate Seminar II (10 students)
Class 2002: Monetary Theory.
Undergraduate Seminar I (15 students)
Monetary Theory Section II (part time night program)
Undergraduate Seminar II (4 students)
Class 2001: Monetary Theory.
Undergraduate Seminar (14 students) Monetary Theory Section II (part time night program)
Undergraduate Seminar II (3+1 students)
Class 2000: Monetary Theory Monetary Theory Section II (part time night program)
Readings in Monetary Theory (English for Japanese students)
Class 1999: International Monetary Macro
English Readings in Internatinal Monetary Economics
Readings in Monetary Theory section 2;English for Japanese students, for third year students.
Readings in Monetary Theory section 2;English for Japanese students, for fourth year students.
Class 1998: International Monetary Macro Section 2
English Readings in International Montary Ecnomics
Readings in Monetary Theory section 2;English for Japanese students, for third year students.


c.v.