Overview/Program Description
All students who enter the PhD program in finance choose a program of study in consultation with the department's doctoral coordinator. We list below a typical student's program. Small modifications are possible depending on the student's particular interests and background.
| Semester #1 (Fall) | |
| Economics 811A | Math Applications in Economics |
| Economics 812A | Microeconomics I |
| Economics 820A | Econometrics IA |
| Finance 993 | Finance Workshop (Overview of finance research) |
| Semester #2 (Spring) | |
| Economics 812B | Microeconomics II |
| Economics 820B | Econometrics IB |
| Statistics 888 | Stochastic Models in Finance |
| Finance 980 | Finance Theory |
| First Summer Research | |
| Research related activity under supervision of faculty. | |
| Semester #3 (Fall) | |
| Finance 981 | Corporate Finance Theory |
| Economics 821 | Econometrics II |
| Free Elective | |
| Semester #4 (Spring) | |
| Finance 982 | Investment Theory |
| Finance 983 | Financial Econometrics |
| Economics 822 | Econometrics III |
Second Summer
Comprehensive exams are taken during early summer. After passing this exam the student can commence working on the doctoral dissertation under the supervision of an individual faculty member.
Years 3 and 4 (and 5 if necessary)
Student conducts individual research culminating in a doctoral dissertation. The dissertation proposal and defense are oral presentations made before the student's dissertation committee.