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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. By declaring a Finance major, students build a strong base in these principles of finance to help launch successful careers. Kellogg’s innovative suite of experiential learning courses and labs offer students opportunities to apply their course work to real-world business processes with the guidance of faculty experts.

For more details on the finance major go the Finance Department’s Academic page here. For more details on the Finance Department’s experiential learning see the links on this page. Please reference the Kellogg Course Catalog for a complete listing of Finance and experiential courses.

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

Faculty 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 04, 2018 | 12:15 PM
Kellogg Global Hub, Room 4302

Featured Faculty Members

Janice C Eberly

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

Dean Karlan

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

Dimitris Papanikolaou

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

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

Corporate Market Power Surges, Markups Skyrocket And Just A Handful Of Companies Are To Blame
Efraim Benmelech, Forbes, September 05, 2018
Biggest companies get bigger by investing in intangibles
Janice C Eberly, Nicolas Crouzet, The Hill, August 31, 2018
How ‘Intangible Capital’ Explains Rising Corporate Concentration, Weak Investment
Janice C Eberly, Nicolas Crouzet, The Wall Street Journal, August 24, 2018
As big firms get bigger, rate cuts may pack less punch: study
Janice C Eberly, Nicolas Crouzet, Reuters, August 24, 2018
Teachers pension fund levers up the risk in investment portfolio
David Stowell, Crain’s Chicago Business, August 10, 2018
Venezuela Inflation Could Reach One Million Percent by Year’s End
Daniel Lansberg-Rodriguez, The New York Times, July 23, 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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