The Finance PhD program prepares students to engage in original research on financial markets and decision-making. Students acquire critical technical skills in economic theory, finance theory, data analysis and coding. They also learn to identify promising ideas, write compelling papers and present effectively.
Contribute to leading edge research
Our faculty’s research interests and technical approaches are broad, with particular strength in fields and methods such as:
Work with top thought leaders
Because the Finance PhD program is small, students benefit from broad access to faculty as co-authors, advisors and mentors. Students also have direct access to leading scholars within professional associations, including five members of the Finance Theory Group, five members (including one founder) of the Labor and
Additional information about our Finance faculty can be found here
General details about the curriculum, requirements, and structure of the program can be found here. Please be aware this document is not an exhaustive list of the requirements for the Program.
PhD Graduates' Publications
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ETF Arbitrage, Non-Fundamental Demand, and Return Predictability (2021)
Review of Finance
David C. Brown (PhD 2014)
Shaun William Davies
Matthew Ringgenberg -
Financing Efficiency of Securities-Based Crowdfunding (2020)
Review of Financial Studies (Editor's Choice as Lead Article)
David C. Brown (PhD 2014)
Shaun William Davies -
Learning by Owning in a Lemons Market (2022)
Journal of Finance
Jordan Martel (PhD 2018)
Brian Waters
Kenneth Mirkin -
A Theory of Financial Media (2022)
Journal of Financial Economics
Eitan Goldman
Jordan Martel (PhD 2018)
Jan Schneemier -
A Text-based Analysis of Corporate Innovation (2021)
Management Science
Gustaf Bellstam (PhD 2018)
Sanjai Bhagat
J. Anthony Cookson -
Rival Growth Prospects & Equity Prices: Evidence from Mass Layoff Announcements (2021)
Journal of Money, Credit and Banking
Adam Bordeman (PhD 2015 Accounting)
Bharadwaj Kannan (PhD 2016)
Roberto Pinheiro -
Employment, corporate investment and cash flow uncertainty (2018)
Journal of Financial & Quantitative Analysis
Saad Alnahdeh (PhD 2017)
Sanjai Bhagat, Iulian Obreja – U.S. Securities and Exchange Commission -
Tax uncertainty and retirement savings diversification (2017)
Journal of Financial Economics
David C. Brown (PhD 2014)
Scott Cederburg
Michael S O'Doherty - Moral hazard in active asset management (2017)
Journal of Financial Economics
David C. Brown (PhD 2014)
Shaun William Davies
- Size, leverage, and risk-taking of financial institutions (2015)
Journal of Banking and Finance
Sanjai Bhagat
Brian Bolton (PhD 2006)
Jun Lu - Central University of Finance and Economics, Beijing (PhD 2011)
- Financial crisis and bank executive incentive compensation (2014)
Journal of Corporate Finance
Sanjai Bhagat
Brian Bolton (PhD 2006)
- Director ownership, governance and performance (2013)
Journal of Financial & Quantitative Analysis
Sanjai Bhagat
Brian Bolton (PhD 2006)
- Manager characteristics and capital structure: Theory and evidence (2012)
Journal of Financial & Quantitative Analysis
Sanjai Bhagat
Brian Bolton (PhD 2006)
Ajay Subramanian