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PhD Program in Finance
Program of Study: Sample Plan of Study**

Pre-Entrance
Satisfy math requirement / math review as necessary
MBA courses as necessary
FIRST YEAR
Fall Semester
ECON 8000: Mathematical Analysis for Economists
ECON 8010: Microeconomic Theory I
ECON 8070: Statistics for Econometrics
FINA 9200: Theory of Finance
Elective(s) (a)
Spring Semester
ECON 8080: Introduction to Econometrics
FINA 9110: Seminar in Investments(b)
FINA 9120: Seminar in Corporate Finance(b)
ECON 8020: Microeconomic Theory II
Elective(s) (a)
Summer Semester
Written "qualifying" exams (c)
FINA 9130: Financial Research Methodology
FINA 8990: Directed Study in Finance (Survey paper)
SECOND YEAR
Fall Semester
ECON 8110/8120/8130: Econometrics (e)
ECON 8030: Microeconomic Theory III
Elective(s) (a)
Curriculum paper
Spring Semester
ECON 8110/8120/8130: Econometrics (e)
FINA 9100: Mathematical Finance (b)
ACCT 9120: Capital Markets Research in Accounting (b)
Elective(s) (a)
Curriculum paper

Summer Semester
Written preliminary "comprehensive" exams (d)
Curriculum paper
THIRD AND FOURTH YEARS
ECON 8110/8120/8130: Econometrics (e)
FINA 9300: Doctoral Dissertation
FINA/ECON Elective(s) (a)

Students are required to present/defend their curriculum papers and complete their comprehensive oral exams in the Fall of their third year.
To increase richness and depth of knowledge, Ph.D. candidates should seriously consider participating again in finance Ph.D. seminars covering their specialization, and may be required to do so at the discretion of the graduate coordinator and/or their advisor.

** 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.




Tuesday, May 13, 2008 :: 05:59:59 PM