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PhD Program in Finance
Program of Study: Sample Plan of Study**
** This is a sample plan of study only. Note that while MBA courses are not specficially listed in the sample plan of study, all Ph.D. students
must demonstrate a mastery of MBA-level finance—students are encouraged, and may be required,
to take MBA classes as necessary in order to achieve this goal. Each student, with consultation from
the graduate coordinator, must complete a preliminary program of study
upon entering the program.
(a) The graduate coordinator must approve all electives and/or course substitutions.
(b) Some PhD seminars may not be offered every year. Thus, you will take some in your first year and some in your second year, not necessarily in the order listed in this sample plan of study.
(c) All finance PhD students are required to pass two "qualifying" exams after their first year (typically offered in late May or early June). One is the "Finance Qualifying Exam", the content of which is determined by the graduate coordinator in consultation with the finance faculty - coverage includes all MBA-level finance as well as students' first-year coursework.
The other is the "Microeconomics Preliminary Exam", which is administered by the Economics department. One re-take may be allowed, and will be offered approximately two months after student made the first attempt (typically August). Failure of either exam means dismissal from the program.
(d) Preliminary ("Comprehensive") exams broadly cover corporate finance and investments. One re-take may be permitted; failure means dismissal from the program. The graduate coordinator and the written examination committee, with consultation from most finance faculty members, as well as faculty from other other departments, write and evaluate the preliminary examinations.
(e) ECON 8110, 8120 and 8130 are offered in sequential semesters, but can be taken in any order once ECON 8080 is a completed.
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