The Finance PhD program prepares students for careers in research and teaching in
academic or government research institutions. The program provides a strong foundation
in financial and economic theory and the methodological skills needed to execute research
projects. Graduates come to understand the fundamental concepts of finance, the workings
of financial markets and financial intermediaries, and corporate financial decision-making.
Faculty members work closely with PhD students and provide a stimulating intellectual
environment that fosters collaboration. Graduates are placed at major research and
teaching universities in the U.S. and overseas as well as in finance positions in
private and public sector organizations.
- Faculty Reputation: Terry’s Finance Department’s research publication record in the leading finance
journals ranks in the top 20 of finance departments at public universities. Faculty
members have received best paper awards from leading academic journals and conferences
and have been invited to be keynote speakers at major conferences.
- Collaborative Research Environment: Faculty members frequently co-author with current and former PhD students. Those
articles were published in journals such as the Journal of Finance, Journal of Financial
Economics, Review of Financial Studies, Financial Management, and the American Business
- Research Topics: Corporate governance, mergers and acquisitions, financial institutions, impact of
asymmetric information on corporate finance, default risk, causes of major market
movements, the impact of analysts’ guidance, and firms’ investments in workers’ health.