university of chicago phd financial economics

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• Dissertation Areas and Joint PhD Programs
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• PhD in Accounting
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PhD Joint Program in Financial Economics

The financial economics phd program leverages the strengths of two renowned programs: the phd program in finance and the university of chicago’s kenneth c. griffin department of economics..

Core economics training is critical for students doing research in financial economics, and advances in financial economics have important implications for other areas of economics.

As a student in our Joint Program in Financial Economics , you’ll work with thought leaders in both economics and finance and follow your research interests wherever they lead. Leveraging courses and resources in the Finance dissertation area at Chicago Booth and the university’s Kenneth C. Griffin Department of Economics , you’ll build a foundation for research at the intersection of finance and economics.

Our Distinguished Finance and Economics Faculty

As a student in the joint program, you’ll work with professors and classmates in both the Department of Economics and the Stevens Doctoral Program in Finance at Chicago Booth. Faculty bring research expertise in a wide range of fields and serve as mentors to PhD students.

Finance Faculty

Francesca Bastianello

Assistant Professor of Finance and Liew Family Junior Faculty Fellow, Fama Faculty Fellow

Emanuele Colonnelli

Professor of Finance and Entrepreneurship

George M. Constantinides

Leo Melamed Professor of Finance

Douglas W. Diamond

Merton H. Miller Distinguished Service Professor of Finance

Eugene F. Fama

Robert R. McCormick Distinguished Service Professor of Finance

Niels Gormsen

Neubauer Family Associate Professor of Finance and Fama Faculty Fellow

Lars Hansen

David Rockefeller Distinguished Service Professor The University of Chicago Departments of Economics, Statistics and the Booth School of Business

John C. Heaton

Joseph L. Gidwitz Professor of Finance

Steven Neil Kaplan

Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance and Kessenich E.P. Faculty Director at the Polsky Center for Entrepreneurship and Innovation

Anil Kashyap

Stevens Distinguished Service Professor of Economics and Finance

Ralph S.J. Koijen

AQR Capital Management Distinguished Service Professor of Finance and Fama Faculty Fellow

Professor of Finance and Fama Faculty Fellow

Stefan Nagel

Fama Family Distinguished Service Professor of Finance

Scott Nelson

Assistant Professor of Finance and Cohen and Keenoy Faculty Scholar

Pascal Noel

Neubauer Family Professor of Finance and Kathryn and Grant Swick Faculty Scholar

Lubos Pastor

Charles P. McQuaid Distinguished Service Professor of Finance and Robert King Steel Faculty Fellow

Raghuram G. Rajan

Katherine Dusak Miller Distinguished Service Professor of Finance

Bruce Lindsay Distinguished Service Professor of Economics and Public Policy

Pietro Veronesi

Deputy Dean for Faculty and Chicago Board of Trade Professor of Finance

Robert W. Vishny

Myron S. Scholes Distinguished Service Professor of Finance and Neubauer Faculty Director of the Davis Center

Michael Weber

Associate Professor of Finance

Anthony Lee Zhang

Luigi Zingales

Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance

Professor of Economics and Finance

Department of Economics Faculty

Fernando Alvarez

Ali Hortacsu

Harald Uhlig

Kenneth C. Griffin Department of Economics

Alumni success.

Our PhD graduates lead successful careers  in prestigious academic settings, such as the Stanford Graduate School of Business and London Business School, as well as in leading financial institutions, including the International Monetary Fund.

Sangmin (Simon) Oh, PhD '24

Assistant Professor of Business, Finance Division Columbia Business School, Columbia University Simon's research interests are asset pricing, investments, and insurance. He studies how institutional frictions impact the pricing of risk, focusing on market dynamics and investor behavior and often leveraging machine learning tools. Simon's dissertation area is in financial economics.

Jane (Jian) Li, PhD '21

Assistant Professor of Business, Finance Division Columbia Business School, Columbia University Jane's research lies at the intersection of macroeconomics and finance. She is particularly interested in how financial intermediaries affect the real economy and how different types of financial institutions can contribute to financial instability. Her dissertation area is in financial economics.

A Network of Support

Doctoral students at Booth have access to the resources of several interdisciplinary research centers that offer funding for student work, host workshops and conferences, and foster a strong research community.

Becker Friedman Institute for Economics Bringing together researchers from the entire Chicago economics community, the Becker Friedman Institute fosters novel insights on the world’s most difficult economic problems.

Center for Research in Security Prices CRSP maintains one of the world’s largest and most comprehensive stock market databases. Since 1963, it has been a valued resource for businesses, government, and scholars.

Fama-Miller Center for Research in Finance Tasked with pushing the boundaries of research in finance, the Fama-Miller Center provides institutional structure and support for researchers in the field.

George J. Stigler Center for the Study of the Economy and the State Dedicated to examining issues at the intersection of politics and the economy, the Stigler Center supports research by PhD students and others who are interested in the political, economic, and cultural obstacles to better working markets.

The Kent A. Clark Center for Global Markets Enhancing the understanding of business and financial market globalization, the Clark Center for Global Markets positions Chicago Booth as a thought leader in the understanding of ever-changing markets and improves financial and economic decision-making around the world.

Macro Finance Research Program The Macro Finance Research Program (MFR) expands our understanding of how financial markets affect the economy as a whole and, conversely, how the macroeconomy influences financial markets. It does so by bringing together a community of elite and emerging scholars and with common ambitions to tackle these important challenges. One of the important ambitions of this program is to provide intellectual and research support for advanced students in the joint PhD program in financial economics.

Rustandy Center for Social Sector Innovation Committed to making the world more equitable and sustainable, the Rustandy Center works to solve complex social and environmental problems. The center’s student support includes fellowships, research funding, and networking opportunities.

Spotlight on Research

Chicago Booth Review regularly highlights the research findings of Booth faculty and PhD students in financial economics.

Line of Inquiry: Amir Sufi on Household Debt and Business Cycles

Chicago Booth’s Amir Sufi explains how the financial sector's willingness to extend credit to households helps fuel booms and busts.

How is IT Spending Changing Banking?

According to researchers Zhiguo He (previous Booth prof.), Sheila Jiang and Douglas Xu (both Booth PhD graduates), and Xiao Yin, IT investment figures prominently in banking activities.

How Can We Calculate the US's Greatest Fortunes?

Chicago Booth’s Eric Zwick and his coauthors have devised a new way to gauge how much wealth the ultrawealthy have and what it’s composed of. Their results can help update and sharpen the picture of inequality in the US.

The PhD Experience at Booth

Maryam Farboodi, PhD ’14, talks about how the Booth faculty challenged her to focus her research on issues that are applicable to the current financial sector.

Video Transcript

Maryam Farboodi, ’14: 00:02 My work lies in the intersection of finance and economics, trying to apply theoretical models to think about broader questions in big data technology. I was doing extremely theoretical research and I was always interested in doing stuff which are more related to the real world, which led me to join Chicago econ and then the Joint Financial Economics Program at Chicago Booth.

Maryam Farboodi, ’14: 00:29 The faculty really helped me focus my research on issues that are relevant to the current financial climate. A lot of current policy focuses on how financial institutions intermediate for each other and that has been the focus of my research. The faculty at Chicago Booth challenged me in making sure that the insight is applicable to the current financial sector.

Maryam Farboodi, ’14: 00:52 What is really, really special about Booth is the really close interaction between the faculty here and the econ department. Chicago Booth, in particular the joint program, is the best place you can be in. It provides an environment where you can interact with people who are extremely deep in both finance and economics and not lose track of important issues. Chicago Booth and Econ has really being like home to me. That's the feeling that any student can get if they really engage themselves with faculty. 

Current Financial Economics Students

Students in Chicago Booth’s Joint Program in Financial Economics focus their PhD research on a vast array of issues, from state-government borrowing costs to wealth inequality to climate policy. They go on to positions at leading academic institutions and global financial organizations.

Current Students

Monica Barbosa Connor Brennan

Filippo Cavaleri

Manav Chaudhary Rahul Chauhan

Shirui (Suri) Chen

Laurenz De Rosa Aditya Dhar

Joanna Harris Jacob Hartwig

Lewei He Tanvi Jindal

Jingoo Kwon

Federico Mainardi

Benjamin Marrow Eric Milstein Sixun Tang Yifan Wang Judy Yue

See a list of the current students in our Finance PhD Program .

How to Apply

To join the Joint Program in Financial Economics, you will need to be admitted to both the doctoral program in the Department of Economics and the PhD Program in Finance at Chicago Booth. However, you need only apply to one or the other program. Learn more about applying to Chicago Booth or to the Department of Economics .

Program Requirements

Learn more about the Joint Program in Financial Economics at Chicago Booth on the website or by referencing the joint program-specific guidebook below. See Joint Program-Specific Guidebook

General Program Expectations and Requirements

The Stevens Program at Booth is a full-time program. Students generally complete the majority of coursework and examination requirements within the first two years of studies and begin work on their dissertation during the third year. For details, see General Examination Requirements by Area in the Stevens Program Guidebook below.

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The guarantee of a mechanism is the lowest objective value for the designer, across all information structures and equilibria. Brooks and Du (2024) proposed a “first-order” approach to characterizing guarantee-maximizing mechanisms by maximizing a particular lower bound on the guarantee:...

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University of Chicago Joint Program in Financial Economics

This MFR project will seek to encourage the participation of interested and promising advanced graduate student researchers. One vehicle for doing this is the Joint Program in Financial Economics at the University of Chicago . This program is a collaboration between the Economics department and the Booth School of Business.

The aim of this program is to exploit the strengths of both sponsors in training PhD students interested in financial economics. Core economics training is valuable for students seeking to do research in financial economics, and advances in financial economics have important spillovers to other areas of economics.

Every year, the program holds a number of conferences, workshops and events designed to expose students to frontier research in financial economics and to encourage research collaborations aimed at supporting prudent policy-making.

Associated Scholars

Joseph Abadi

Stephen Abadir

Essosolim Apollinaire Abi

Faith Achugamonu

Rodrigo Adão

Jesse Adelman

Dan Adelman

Luca Adorni

Anjali Adukia

Hassan Afrouzi

Nikhil Agarwal

Muskan Aggarwal

Douae Aghezzaf

Mark Aguiar

Hasan Ahamed

Ghaicha Ahe

Yacine Ait-Sahalia

Colin Aitken

Anbar Aizenman

Funmilayo Ajayi

Mochamad Thoriq Akbar

Mohammad Akbarpour

Ufuk Akcigit

Seyed Mohsen Alavi

Michael Albertus

David Yves Albouy

Daniela Fusco Alcaro

Ana (Bella) Alfaro

Agustin Aliaga

Paul Alivisatos

Jalyn Allen

Milena Almagro

Marcella Alsan

Michael D. Alter

David E. Altig

Ana Alvarez

Fernando Alvarez

Jasmine Amaniampong

Abdelrahman Amer

Philips Ametsikor

Peace Amhanesi

John Amhanesi

Elakiya ananthakrishnan.

Daniela Bresciani Andaluz

Sullivan Anderson

Luiza Andrade

Camille Andres

Ridwanulahi Animasahun

Jeannie Annan

Joseph Antoun

Bryon Aragam

Emily Araujo

Bruno Aravena

David Argente

M Aditta Arian

Dmitry Arkhangelsky

Costas Arkolakis

Tim Armstrong

Will Arnesen

Scott Ashworth

Adrien Auclert

Ava Augustine

Carlos Avenancio-Leon

Shakil Rahman Ayan

Pablo Daniel Azar

Sophie Bade

Mexico Alberto Vergara Bahena

Mexico Vergara Bahena

Katherine Baicker

Natalia Bailey

Dylan Baker

Arthur Baker

Scott R. Baker

Emmanuel bakirdjian.

Neele Balke

Cynthia Mei Balloch

Felipe Balmaceda

David Baqaee

Grace Barasa

Grace Makana Barasa

Thomas Le Barbanchon

Juan Barbecho

Gabrianna Barcelo

Jose Maria Barrero

Philip Barrett

Brian Barry

Daniel Bartels

Alexander Bartik

Taha Barwahwala

Nisan Basciftci

Mohammad Bashir

Grace Bassekle

Francesca Bastianello

Ishita batra.

Maria Angélica Bautista

Majid Bazarbash

Guity Nashat (Becker)

Juliane Begenau

Pierre Belcher

Terrence M. Belton

Omri Ben-Shahar

Karina Lamadrid Benavides

Matteo Benetton

Diydor Berdiklichev

Patrick Bergemann

Philip G. Berger

Omna Berhanu

Emma Berman

Lisa Bernstein

Christopher Berry

Marianne Bertrand

Luis Bettencourt

Jakob Beuschlein

Adrien Bilal

John R. Birge

Christine Blandhol

Scott Blatte

Christopher Blattman

Laura Blattner

Richard Blundell

Corina Boar

Luigi Bocola

Rachel Bolte

Jonathan Bonham

Stéphane Bonhomme

Nicolas Bonneton

John Bonney

David Booth

Severin Borenstein

Laura M. Born

Gorkem Bostanci

Brian Botero

Amber Boulley

Jessica Bradford

Serguey Braguinsky

Camila Bratten

Camilla Bratton

Alexandra Brentani

Arturo Brillembourg

Faidat Brimah

William A. Brock

Benjamin Brooks

Zarek Brot-Goldberg

Christina Brown

Markus Brunnermeier

Eric Budish

Gregory D. Bunch

Sarita Bunsupha

Fiona Burlig

Ariel Burstein

Leonardo Bursztyn

Colley buwana.

Leland Bybee

Ricardo Caballero

Tomaz Cajner

Rene Caldentey

Cassandra Calixte

Modibo Camara

Christopher Campos

Ozan Candogan

Nicolas Caramp

Dennis W. Carlton

Bernadette Carney

Marion Carr

Maria Carreri

Pauline Carry

Anthony J. Casey

Yessica Castaneda

Laura Castillo-Martinez

Martin Castillo-Quintana

Grant castle.

Juanma Castro-Vincenzi

Sylvain catherine.

Paolo Cavallino

Timotej Cejka

Igor Cesarec

Christopher P. Chambers

Kate Champion

Kerwin Kofi Charles

Esha chaudhuri, alec chavez.

Yeon-Koo Che

Yen-Chi Chen

Junbiao Chen

Pengyu Chen

Jui-Lin Chen

Futing Chen

Michelle Cherian

Sarrin Chethik

Kennedy Cheung

Manasi Chhabra

Pierre-André Chiappori

Pushyami Chilakapati

Adam Chilton

Dawn Chinagorom-Abiakalam

Pradeep K. Chintagunta

Joanna Chiu

Kwok Yan Chiu

BongGeun Choi

Dennis H. Chookaszian

Hans Christensen

Christin Clyburn

John H. Cochrane

Olivier Coibion

Nicole Colegrove

Rob Collinson

Jonathan Colmer

Emanuele Colonnelli

Giovanni Compiani

Carolina Concha-Arriagada

George M. Constantinides

Jacob Conway

Ryan Cooper

Don Coursey

Thomas Covert

Donaven Craddock

Leland Crane

Matteo Crosignani

Zoë B. Cullen

Terry Culpepper

Neil Cummins

Michael cuna.

Emily Cupito

Vilsa Curto

Jingzhu (Grace) Dai

Kenneth W. Dam

Utkarsh dandanayak.

Safina Davis

Tetiana Davydiuk

Joshua Dean

Ryan A. Decker

Nicole DeHoratius

Uelunzaya Delgerjav

Monica dennis.

Tomasso Denti

Tatyana Deryugina

Manasi Deshpande

Waverly Deutsch

Joshua Deutschmann

Ian Dew-Becker

Sanjay K. Dhar

Dhammika Dharmapala

Douglas W. Diamond

Berkeley J. Dietvorst

Winnie van Dijk

Michael Dinerstein

Jonathan Dingel

Rebecca Dizon-Ross

Winston Wei Dou

Sid Kankanala

Malika Korganbekova

Shuangning Li

Virginia Minni

Agathe Pernoud

Julia Selgrad

Dongchen Zhao

Pierre Nguimkeu

Kiminori Matsuyama

Luisa Cefala

Aradhya Sood

Juan Sebastián Galán Guerrero

Eric Ghysels

Basit Zafar

Jose-Alberto Guerra

Eduardo Davila

Sonia Bhalotra

Jonathan Elliott

Tamara McGavock

Amanda Kowalski

Conor Walsh

Hugo L’hullier

Coleman Drake

Thorsten Drautzburg

Thomas Drechsel

Amedeus Akira Dsouza

Ruozhou (David) Du

Victor Duarte

Jean-Pierre Dubé

Oeindrila Dube

Besindone Dumi-Leslie

Steven Durlauf

Piotr Dworczak

Quaye Dydasco

Wioletta Dziuda

Frank H. Easterbrook

Fabian Eckert

Danny Edgel

Madeline Edwards

Levi Edwards

Julia Eigner

Donald D. Eisenstein

Andrea Eisfeldt

Crystal Eke

Amy Elliot-Meisel

Sean Elliott

Niklas Engbom

Andreas Engert

Robert Engle

Nicholas Epley

Richard A. Epstein

Merle Erickson

Eserhan Eser

Alice Evans

Eugene Fama

Maryam Farboodi

Abdullah Farea

Emmanuel Farhi

R.A. Farrokhnia

Alex Faulkner

Diego Feijer

Biruktawit (Brooke) Fekru

Yiding Feng

Eliana La Ferrara

David Fettig

Emmanuel Fiagbe

Frederico Finan

Amy Finkelstein

Janci Finkley

Daniel R. Fischel

Doireann Fitzgerald

Kathleen Fitzgerald

Tauresha Florence

Teddy foley.

Julia Fonseca

Alexander Fouirnaies

Johan Fourie

Anthony Fowler

Alexander P. Frankel

Rebecca Frost

Christian Fuenzalida

Ingvil Gaarder

Xavier Gabaix

David Galenson

Yana Gallen

Saul Galvez

Diego Gambetta

Linnea gandhi.

Peter Ganong

Pingyang Gao

Angela Garcia

Michelle Gard

Luis Garicano

Cecile Gaubert

Gaia Gaudenzi

Scott Gehlbach

Ljubica Georgievska

Mark Gertler

Robert H. Gertner

Sanjana Ghosh

Michael Gibbs

Simon Gilchrist

Lauren Gillespie

Tom Ginsburg

Edward L. Glaeser

Jack glaser.

Rachel Glennerster

Jacob Goldin

Mikhail Golosov

Felipe Gonzalez

Maximiliano Gonzalez

Alessandra González

John Goodman

Austan Goolsbee

Alex gordon.

Niels Gormsen

Yuriy Gorodnichenko

Joshua Gottlieb

John P. Gould

Terrina Govender

Kyel Governor

Karen Gracia

James Graham

João Granja

Guthrie Gray-Lobe

Daniel Green

Michael Greenstone

Daniel Greenwald

Danika Grieser

John Grigsby

Eve Grobman

Colleen Grogan

Jeffrey Grogger

Veronica Guerrieri

Hongchang Guo

Ayush Gupta

Govind Gupta

Jayanti Gupta

Ayushree Gupta

Violeta Gutkowski

Fatih Guvenen

Jorge Andrés Saieh Guzmán

Seung ah Ha

Daniel Haanwinckel

Peterson Haas

Claudio Haddad

Charles J. Hadlock

Ingrid Haegele

P. Richard Hahn

Sristi Halder

Adrian Hamins-Puertolas

Brooke Hansbrough

Christian B. Hansen

Lars Peter Hansen

Arnold Harberger

Siddhartha haria.

Maryiam Haroon

Milton Harris

Samuel Hartzmark

Tarek Hassan

Mehedi Hassan

Reid Hastie

Andreas Haupt

Kiana Haynes

Peter Hazlett

Emily Heathcote

John C. Heaton

Benjamin Hébert

James Heckman

Rawley Heimer

Susan Helper

Daniel Hemel

M. Todd Henderson

Meghan hendrix.

James Hennessy

Ruben Hernandez

Eric Hernandez

Melody Herrera-Garcia

Milan Van Den Hewvel

Grace Higgins

Julia higgins.

Brian Higgins

Abby Hiller

Max Hippold

Gunter J. Hitsch

Yael V. Hochberg

Chloe Holloway

Thomas Holmes

Richard Hornbeck

Ellen Horne

Ali Hortaçsu

Sharad Hotha

Christopher K. Hsee

Allan Hsiao

Chang-Tai Hsieh

Yueh-ya (Sam) Hsu

Chieh-Hsuan Hu

Zifan Huang

Joseph Huang

Lunyang Huang

William H. J. Hubbard

Kilian Huber

Ingrid Huitfeldt

Anders Humlum

John Eric Humphries

Chun hei hung.

Celia Hurtado

Yumna Hussain

Christine Hutchinson

Hyong-gu Hwang

Gideon Ihuarulam

Clément Imbert

Sasha Indarte

Shahidul Islam

Allegria Iteka

Koichiro Ito

Ananya Iyengar

Rebecca Jack

Jill Jacobbi

Simoni Jain

Rebecca Jarvis

Priit Jeenas

Jessica S. Jeffers

Wenxi Jiang

Weiran Jiang

Shirley Jiang

Sintia Marquez Jimenez

Baiyun Jing

Gustavo Joaquim

Juanna Schrøter Joensen

Na’Imah Johnson

Quentin Johnson

Sedona Jolly

Damon Jones

Mridul Joshi

Adam Tejs Jørring

Donald R. Wilson, Jr.

Nishat Akter Juy

Dennis Kaaria

Adam Kaiser

Tetsuya Kaji

Ariel Kalil

Akito Kamei

Emir Kamenica

Reigner Kane

Salpy Kanimian

Riddhi kankaria.

Ethen Kantu

Steven Neil Kaplan

Greg Kaplan

Loukas Karabarbounis

Anne Karing

Uditi Karna

Anil Kashyap

Omkar Katta

Patrick Kehoe

Timothy J. Kehoe

Matthias Kehrig

Rohan Kekre

Maxwell Kellogg

Ryan Kellogg

Yasmin Kerikar

Nada Kessou

Kanit Keuvibulvanich

Amit Khanal

Arun Dahal Khatri

Paymon Khorrami

Sejung Timothy Kim

Kiara (Ji Hyun) Kim

Jin Yeub Kim

Erika Kirgios

Divya Kirti

Nobuhiro Kiyotaki

Benny Kleinman

Pete Klenow

Anya Kleymenova

Jonas Knecht

Jean-Baptiste Koadima

Andrew Joshua Koh

Ralph Koijen

Mladen Kolar

Stacey Kole

Keerthana Komma

Jessica Kong

Xianglong Kong

Christian Kontz

Samuel Kortum

Dmitri Koustas

Yavor Kovachev

Benjamin Krause

Gabriel Kreindler

Michael Kremer

Tiera Kreml

Arvind Krishnamurthy

Nidhi Krishnan

Randall S. Kroszner

Dirk Krueger

Mariano Kulish

Rohit kumar.

Lifelihle Kunene

Christopher J. Kurz

Xerlleen kwamboka.

Jennifer La’O

Jennifer La’O

Santiago Lacouture

Devang laddha.

Helen Lallos-Harrell

Thibaut Lamadon

William M. Landes

Laura Landetta

Gregory Lane

Jovin Lasway

Stephan Lauermann

Alexander Lehner

Tobias Leigh-Wood

Moritz Lenel

Simone Lenzu

Christian Leuz

Andrei Levchenko

Steve Levitt

Bradford (Lynch) Levy

Tengyuan Liang

Carl Jack Liebersohn

Emily Lightfoot

Eun Hae Lillig

Calumet Links

Divine Linus

Toniann liotta.

Elliot Lipnowski

Francesco Lippi

Petro Lisowsky

Ariel Listo

Brayan Lopez Llamas

Andrew W. Lo

Katrine Loken

Guido Lorenzoni

Nour Ben Ltaifa

Michael Luca

Deborah J. Lucas

Sydney Ludvigson

Jens Ludwig

Margaux Luflade

Hanno Lustig

Pierre Mabille

Zenani Mabuza

Marco Macchiavelli

Selene Cueva Madrid

Mark Maffett

Elisa Maffioli

Aristotle Magganas

Bruno Maguida

Satvika mahajan.

Fatma Mahmoud

Neale Mahoney

Christos Makridis

Anup Malani

Hannes Malmberg

Franco Malpassi

Aghaheybat Mammadov

Anya Marchenko

Jack Marshall

R. Kipp Martin

Maria Adelaida Martinez

Candido Martinez

Aurelio Gurrea Martinez

Haydee Matos

Arnaud Maurel

Susan Mayer

Richard H. McAdams

Andrew McClellan

Charles McClure

Paul McDermott

Ann L. McGill

Kelly McGuire

Paige McKindra

John J. McKinney

Claire McMahon

Chuck McQuaid

Casey McQuillan

Scott F. Meadow

Rachael Meager

Maarten Meeuwis

Tarun Mehta

Leo Melamed

David Meltzer

Fernando Mendo

Diego mendoza-martinez.

Idione Meneghel

Alicia Menendez

Robert Merton

Ethan Bueno de Mesquita

Steffen Meyer

Bruce Meyer

Robert T. Michael

Arthur Middlebrooks

Roxana Mihet

Thomas J. Miles

Maria Milosh

William Minnis

Michael Minnis

Omar Zahid Mirza

Prakash Mishra

Sanjog Misra

Robert Moffitt

Magne Mogstad

Purushottam Mohanty

Pooya Molavi

Benjamin Moll

Alexander Monge-Naranjo

Eduardo Montero

Jose velarde morales.

Stephen Morrissette

Luke motley.

Chiara Motta

Jack Mountjoy

Ismael Mourifié

Hussein Moussa

Maximilian Muhn

Bogdan Mukhametkaliev

Dmitry Mukhin

Casey Mulligan

Aryan Munot

Kaivan Munshi

Kyle Murphy

Kevin Murphy

Chris Muscarella

Roger Myerson

Yvan N’guettia

Omaer Naeem

Stefan Nagel

Danielle Nartey

Amulya Natchukuri

Anastasia Nebolsina

Susanne Neckermann

Brent Neiman

Scott Nelson

David Neumark

Phuoc Nguyen

Minh (Michael) Nguyen

Luong Nguyen

Laura Nicolae

Juan Pablo Nicolini

Stijn Van Nieuwerburgh

Gabriella Nieves

Vishan Nigam

Valeri Nikolaev

Afshin Nikzad

Sahil Nisar

Grace Njuguna

Pascal Noel

Shakhzod Nomozov

Ayesha Noor

Matthew J. Notowidigdo

Jennifer Nou

Vesall Nourani

Ricardo de la O

Cormac O’Dea

Chukwuka Odigbo

Champion Ojo

Olubusayo Okeshola

Umukalthoum Omar

Adam Oppenheimer

Guillermo Ordonez

Mauricio Ortiz-Riomalo

Comfort Oshagbemi

Yetunde (Josephine) Oshagbemi

Florian Oswald

Shardul Oza

Serdar Ozkan

Miika Päällysaho

Michaela Pagel

Joseph L. Pagliari

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The Finance group at MIT Sloan delves into the study of markets for real and financial assets, emphasizing the practical applications of modern financial theory widely adopted by Wall Street and corporations. Students gain a robust understanding of foundational theories and acquire the tools necessary for conducting both theoretical and applied research. After completing coursework in microeconomics and macroeconomics, students tailor their research programs with faculty guidance, often contributing to and expanding on faculty research. Notable faculty members include Hui Chen , whose research intersects asset pricing and corporate finance; Deborah Lucas , known for her work on public sector financial management; and Maryam Farboodi , who explores the economics of big data and its impact on financial markets. 

Research from Finance Faculty

Whose Jobs Are at Risk During a Transition to Green Energy?

Martha Mangelsdorf

To combat the negative effects of climate change, making a transition to green energy is vital. But what will happen to people whose jobs are significantly linked to fossil fuel use? And what policy options are available to mitigate the employment effects of such a transition? That was a question ex...

Why disasters like hurricanes Milton and Helene unleash so much misinfor...

"Disasters are ripe for conspiracy theories because there is a lot of uncertainty as things are unfolding and a lot of fear."

This Lowell startup is getting buzz for quicker coffee service

Studies show startups with older founders are more likely to succeed.

Some workers are still being paid far less than minimum wage

"Paying workers low wages is actually very expensive for companies because of the costs of high turnover and the costs associated with low wages.

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Full-time faculty.

Paul Asquith

Gordon y billard professor of finance.

Paul Asquith is the Gordon Y Billard Professor of Finance and a Professor of Finance at the MIT Sloan School of Management.Asquith is a specialist in corporate finance and a media source for the field of corporate finance and control, including…

Nomura Professor of Finance

Hui Chen is the Nomura Professor of Finance and a Professor of Finance at the MIT Sloan School of Management.His research focuses on asset pricing and its connections with corporate finance. Chen is particularly interested in the interactions…

Taha Choukhmane

Class of 1947 career development assistant professor.

Taha Choukhmane is the Class of 1947 Career Development Assistant Professor and an Assistant Professor of Finance at the MIT Sloan School of Management.He was most recently a postdoctoral fellow at the National Bureau of Economic Research. His…

John C. Cox

Nomura professor of finance, emeritus.

John Cox is the Nomura Professor of Finance, Emeritus at the MIT Sloan School of Management.A leading authority on corporate finance and finance theory, Cox has developed an inter-temporal financial model broad enough to include the fundamental…

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Example PhD Thesis Topics

Allison cole (2023).

“Essays in Financial Economics”

Jiaheng Yu (2023)

"Essays on Corporate Finance and Financial Markets"

Parinitha Sastry (2022)

"Essays on Finance and Climate Risk"

Bryan Seegmiller (2022)

"Essays in Labor and Finance"

Peter Hansen (2021)

"Essays in Financial Economics"

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Chicago Booth Launches New Family Office Initiative

The initiative will serve the educational, research, and network needs of current and future family office leaders throughout the world.

Chicago Booth Receives a $60 Million Gift to Name Its Master in Finance Program

In recognition of this remarkable commitment, the new program will be known as the Asness and Liew Master in Finance Program.

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Take the first step toward jump-starting your future career in business by applying to one of our specialized masters programs.

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Read the most recent stories of alumni, students, and faculty who are creating impact in the entrepreneurial and social impact spaces.

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Explore the everyday life of Booth around the globe, on our social media channels.

Executive MBA student Mike Nguyen shares highlights from Booth’s Electives Weeks.

Boothies talk about the connections they’ve made in the Full-Time MBA Program.

Booth’s Matthew Notowidigdo discusses US healthcare on the CBR Podcast.

Erin Martell, ’22, is partnering with Booth Wellness to bring yoga to students.

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We’ve Been Underestimating Discrimination

New methods of measuring racism and sexism find a larger, systemic impact.

A Golden Age for Green Investment?

Some green projects are enjoying a boost thanks to unconventional cost-of-capital calculations.

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In Finance, Humans Were the First Machines

A Q&A with Chicago Booth’s Dacheng Xiu on the implications of machine learning for the financial markets.

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