Financial Economics
This field is designed to prepare students to deal with theoretical and practical problems in the areas of modern finance relevant to portfolio management, financial management, and capital markets. Included are analytical and empirical approaches to:
- Portfolio analysis
- Consumption and investment decision under uncertainty
- Theories of market equilibrium
- Dynamic behavior of asset prices in the financial and real sectors and the concept of efficient markets
- Relationships between the financial and real sectors
- Normative theory of financial management
Required Course Work
Economics 83000, Financial Markets and Instruments (required as a foundational course)
Economics 83600, Financial Theory and Engineering
Finance 70000, Financial Institutions
Finance 81100, Corporate Finance Theory
Finance 83000, Financial Markets
Finance 83200, Market Microstructure
Finance 89000, Options
Finance 79600, Empirical Corporate Finance
Other courses in the PhD Program in Finance may be substituted subject to the approval of the Executive Offices of the PhD Program in Economics.
Faculty

Seungho Baek
Associate Professor
- Economics

Karna Basu
Associate Professor
- Economics

Christos Giannikos
Executive Officer and Professor
- Economics

Armen Hovakimian
Professor
- Business
Professor
- Economics

Norman Kleinberg
Associate Professor
- Business
Associate Professor
- Economics

Joan Nix
Associate Professor
- Economics

Ingmar Nyman
Associate Professor
- Economics

Francisco Penaranda
Associate Professor
- Economics

Lin Peng
Professor
- Business
Professor
- Economics

Robert Schwartz
Marvin M. Speiser Professor of Finance and Distinguished Professor
- Economics
Distinguished Professor
- Business

Yochanan Shachmurove
Professor
- Economics

George Vachadze
Associate Professor
- Economics

Tao Wang
Associate Professor
- Economics

Liuren Wu
Wollman Distinguished Professor of Finance
- Economics
Professor
- Business