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Kellogg Finance Department

The Finance Department is engaged in award-winning research and teaching on financial markets and institutions, as well as the financial decisions of firms, individuals, and governments.

The faculty is renowned for their theoretical and empirical work in a broad range of specialties, including asset pricing, corporate finance, capital market dynamics, household finance, macroeconomics, and econometrics.

Poised at the leading edge of finance theory and practice, our faculty members produce research that is consistently recognized in flagship journals.

Their research is consistently recognized in flagship journals. Faculty members also serve as editors of leading professional publications, setting the standards for new ideas in the field.

Upcoming Events

September 26, 2018 | 11:00 AM
Kellogg Global Hub, TBA
October 03, 2018 | 11:00 AM
Kellogg Global Hub, TBA
October 10, 2018 | 11:00 AM
Kellogg Global Hub, TBA

Featured Faculty Members

Janice C Eberly

Formerly the chief economist at the US Treasury, Professor Eberly's research focuses on finance and macroeconomics.

Dimitris Papanikolaou

Professor Papanikolaou is studying the effects of technological shocks on firms' investment decisions.

Dean Karlan

Recent research from Professor Karlan looks at the impact of microfinance savings groups on poor women in Africa.

Recent Finance Research

Time Varying Risk Aversion
Luigi Guiso, Paola Sapienza, Luigi Zingales, Journal of Financial Economics, 2018
The Real Effects of Liquidity During the Financial Crisis: Evidence from Automobiles
Efraim Benmelech, Ralf Meisenzahl, Rodney Ramcharan, Quarterly Journal of Economics, 2017
Homeowner Borrowing and Housing Collateral: New Evidence from Expiring Price Controls
Anthony DeFusco, Journal of Finance, 2017
Jump Regressions
Viktor Todorov, George Tauchen, Jia Li, Econometrica, 2017
Non-linear Effects of Taxation on Growth
Sergio Rebelo, Nir Jaimovich, Journal of Political Economy, 2017

Finance News

If Robots Steal Our Jobs, Maybe We Should Make Them Pay Tax
Sergio Rebelo, Huffington Post, June 01, 2018
Big mergers and tiny factories can each pose problems for workers
Efraim Benmelech, Financial Times, May 21, 2018
Shout Out: Mitchell Petersen of Winnetka, Northwestern Professor
Mitchell A. Petersen, Chicago Tribune, May 16, 2018
Aon Center’s planned observation deck, Chicago’s third, could create competition for tourist dollars
Craig Furfine, Chicago Tribune, May 15, 2018
The Case for Investing in Green Companies
Ravi Jagannathan, Kellogg Insight, May 02, 2018

Find Your Fit

Our innovative portfolio of MBA programs helps our students find the ideal balance among professional, educational and personal goals. Wherever you are in your career – and your life – there’s a Kellogg MBA program that will help you grow professionally and personally.

Full-Time MBA Program

Evening & Weekend MBA Program

Executive MBA Program

Executive Education

MS in Management Studies

Doctoral Program

Certificate Program for Undergraduates


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