Finance

The PhD major in finance provides students with effective and efficient education and training that will enable them to successfully pursue academic or professional careers associated with the financial management of corporations and financial institutions.

Using the economics of uncertainty as applied to financial decisions and a wide range of statistical tools, researchers in finance study three basic areas:

Researchers interested in investments study the “efficiency” of the capital market, the pricing of financial assets, the management of portfolios, and the microstructures of the markets where assets trade
Researchers interested in corporate finance study capital structures, the market for corporate control, and the financial management of corporate assets
Researchers interested in financial institutions study issues related to the management of such institutions

“Highly regarded by our peers, the PhD major in finance is distinguished by its emphasis on relevance and academic rigor. We provide our PhD students with in-depth and individualized training to prepare them to become productive scholars and excellent teachers.”

Kee Chung, Professor
M&T Chair in Banking and Finance
Department of Finance and Managerial Economics

Work alongside leading researchers

Our finance faculty members are committed scholars who are nationally known for their research achievements. They are actively engaged with their students, often working jointly with students on various research projects. In addition:

They publish in top journals in finance, including Journal of Financial Economics, Journal of Finance, and Review of Financial Studies. Our graduates are expected to be able to publish in these journals upon graduation.
They have international experience.
They interact closely with area business professionals.

The Academy of Management Journal ranks our faculty as among the most productive nation-wide in the creation of real-world research. Faculty research interests in finance include:

Market microstructure
Corporate control
Financial markets

Land a position at a leading university

Our finance graduates accept positions at major universities throughout the U.S. and the world, as well as at leading consulting and research firms. Our placements include:

University of Michigan
Rochester Institute of Technology
University of Maryland
St. Bonaventure University
Indiana University
Syracuse University

For more information about the particular research efforts of our finance faculty, visit our Faculty Web pages. If you wish to speak to a faculty member directly, you may do so by contacting Kee Chung, PhD.

For degree requirements please consult the latest PhD handbook by following the Handbook link in the left nagivation frame.