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The Finance doctoral program provides students with rigorous training in finance, economics, mathematics and statistics. These tools, plus opportunities for supervised independent research, enable students to make their own contributions to the understanding of financial markets and institutions that lead to productive research careers.

The Finance doctoral program trains students to apply empirical methods and theoretical tools to advance our understanding of how financial markets and institutions work, and how they may contribute to economic development.

The program aims to produce scholars who develop rigorous and creative research in finance and economics. Students are exposed to a variety of research methods in their coursework, and interact closely with faculty as they develop their own research projects. A distinctive characteristic of our program is its close ties with the Department of Economics, which are fostered by joint seminars, mutual advising of students, and frequent collaboration on research projects. The academic interests of the finance faculty also span a very broad range of topics in finance, from the role of culture and trust in financial markets to the identification of jump risk premiums. The breadth of knowledge and interests of our faculty create an environment that encourages students to conduct advanced research in novel aspects of the field.  

Active Research AreasCurrent theoretical and empirical research in Finance spans the areas of asset pricing and corporate finance. Research topics include corporate governance, household financial decisions, macro-finance, financial crises, the pricing of securities in financial markets, international finance, financial history, development economics, market microstructure, regulation, and financial econometrics.

Please note: Applicants to economics-based PhD programs, such as Finance, may opt-in to have their application considered by Weinberg's Economics PhD program. More information about this option is available on The Graduate School website


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Program Requirements


Our Current PhD Students

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Learn More About Our Faculty

Kellogg’s faculty includes scholars whose research has redefined the study of management and has set a standard for new ideas and innovation.


Faculty Journal Publications & Books

Explore research published by Kellogg Faculty and featured in top-tier peer reviewed journals.