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​Finance Curriculum

Prior to the first year – mandatory attendance at math camp (offered through the Economics department)
First Year

Required Courses

L11 503 Microeconomics I (3 credits)
L11 504 Microeconomics II (3 credits)
L11 Quantitative Methods I (3 credits)
L11 Quantitative Methods II (3 credits)
L11 513 Introduction to Econometrics (3 credits)
L11 5161 Applied Econometrics (3 credits)
B52 652 Introduction to Asset Pricing
B52 655 Introduction to Corporate Finance


Olin PhD Finance Courses – you will take one of the following groups of courses:
  • B52 FIN 643 Info Econ & Corp Finance Theory (3 credits) – Prof. Anjan Thakor
  • B52 FIN 642 Advanced Continuous Finance (1.5 credits) – Prof. Phil Dybvig (Pre requisite: B62 539 Mathematical Finance and B62 538 Stochastic Foundations for Finance – both are fall courses)
  • B52 651 Topics in Finance (1.5 credits)
  • B52 644 Financial Economics I (3 credits) – Prof. Guofu Zhou & Prof. Ngoc-Khanh Tran
  • B52 620 Empirical Methods in Finance (3 credits) – Prof. Radhakrishnan Gopalan
  • B52 653 Advanced Asset Pricing (1.5 credits) – Prof. Ngoc-Khanh Tran
  • B52 654 Empirical Methods in Asset Pricing (1.5 credits) – Prof. Guofu Zhou

Research

  • Compulsory attendance in all finance brown bag lunches and Friday Seminars
  • First-year summer paper – papers are due in August after the first year

Milestones/Hurdles

  • In the summer of the first year, students must meet with the faculty coordinator to discuss progress and complete a progress report to be submitted to the PhD Office by August 1st after the first year.
  • Micro Prelim Exam (Offered in August, students must receive a “Distinction/Honors” or “PhD pass” to continue in the PhD program. One retake of the exam is permitted.)
  • In August after the first year, students must attend an RA/TA orientation offered by The Teaching Center.
Second Year

Required Courses

B52 FIN 615A Research in Finance
Directed readings and/or Independent studies

Olin PhD Finance Courses – you will take one of the following groups of courses:
  • B52 FIN 643 Info Econ & Corp Finance Theory (3 credits) – Prof. Anjan Thakor
  • B52 FIN 642 Advanced Continuous Finance (1.5 credits) – Prof. Phil Dybvig (Pre requisite: B62 539 Mathematical Finance and B62 538 Stochastic Foundations for Finance – both are fall courses)
  • B52 651 Topics in Finance (1.5 credits)
  • B52 644 Financial Economics I (3 credits) – Prof. Guofu Zhou & Prof. Ngoc-Khanh Tran
  • B52 620 Empirical Methods in Finance (3 credits) – Prof. Radhakrishnan Gopalan
  • B52 653 Advanced Asset Pricing (1.5 credits) – Prof. Ngoc-Khanh Tran
  • B52 654 Empirical Methods in Asset Pricing (1.5 credits) – Prof. Guofu Zhou

Other Electives (see below for some choices)
  • B50 665 Applied Empirical Research in Accounting
  • B53 620 Empirical Methods in Business
  • B50 664 Doctoral Seminar in Financial Accounting
  • B55 675 Empirical Methods in Structural Modeling
  • B62 539 Mathematical Finance
  • B62 500R Topics in Quantitative Finance
  • B62 538 Stochastic Foundations for Finance
  • E35 516 Optimization in Function Space
  • L11 501 Macroeconomics I
  • L11 518B Seminar in Applied Econometrics II: Time Series Analysis and Macroeconomics
  • B54 661 Analysis of Time Series Data

Research

  • Compulsory attendance in all finance brown bag lunches and Friday seminars
  • Second-Year Paper – papers are due by September 30th of the third year.

Milestones/Hurdles

  • Field exam (Offered in July, students must receive a “Distinction/Honors” or “PhD pass” to continue in the PhD program. One retake of the exam is permitted.)
  • In the summer, students must meet with the faculty coordinator to discuss progress and complete a progress report to be submitted to the PhD Office by August 1st
Third Year

Courses

B53 660 Seminar in Presentation Skills (fall semester, required)
Improvisation Course

Research

  • Compulsory attendance in all finance brown bag lunches and Friday seminars
  • Second year paper (due in September of third year) must be presented during a brown bag seminar before October 30th and must be approved by the faculty to continue in the PhD program.
  • Dissertation Research

Milestones/Hurdles

  • • In the summer, students must meet with the faculty coordinator to discuss progress and complete a progress report to be submitted to the PhD Office by August 1st.
Fourth Year

Research

  • Compulsory attendance in all finance brown bag lunches and Friday seminars
  • Paper Presentations (brown bag seminars and conferences)
  • Dissertation Research

Milestones/Hurdles

  • Dissertation Proposal – students must be able to assemble a Research Advisory Committee for the proposal of their dissertation and must submit a Title, Scope and Procedure Form as the committee’s approval of the proposed dissertation by September 30th of the fifth year.
  • In the summer, students must meet with the faculty coordinator to discuss progress and complete a progress report to be submitted to the PhD Office by August 1st.
Fifth Year

Research

  • Compulsory attendance in all finance brown bag lunches and Friday Seminars
  • Paper Presentations (job market paper presentations with faculty and at conferences)
  • Dissertation Research

Milestones/Hurdles

  • Intent to Graduate (complete form online)
  • Job Market and Placement
  • Oral Defense of Dissertation
  • Submission of Examination Approval Form which signifies committee’s approval
  • Upload of Final, Approved Dissertation to Graduate School of Arts and Sciences
  • Submission of Documented Teaching Requirements to PhD Office
Download Finance PhD course descriptions