Andrew Abel

"The Finance Department at Wharton covers an unusually broad range of topics ranging from the traditional topics of corporate finance and asset pricing to macroeconomics and international finance. This breadth enriches the students' academic development and opens many avenues for conducting frontier research."

Andrew Abel
Ronald A. Rosenfeld Professor; Professor of Finance and Economics

 

Finance

Wharton's PhD program in Finance provides students with a solid foundation in the theoretical and empirical tools of modern finance, drawing heavily on the discipline of economics. The department prepares students for careers in research and teaching at the world's leading academic institutions, focused on four areas: Banking and Financial Institutions, Corporate Finance, International Finance, and Financial Instruments and Portfolio Management.

Wharton's Finance faculty, widely recognized as the finest in the world, has been in the forefront of modern innovations in theories of portfolio choice and savings behavior, which have significantly impacted the asset pricing techniques used by corporations, banks, and stock and bond markets.

Faculty research, both empirical and theoretical, includes such areas as: the structure of financial markets; the formation and behavior of financial asset prices; banking and monetary systems; corporate control and capital structure; saving and capital formation; and international financial markets.

Candidates with undergraduate training in economics, mathematics, engineering, statistics, and other quantitative disciplines have an ideal background for doctoral studies in this field.

Faculty

Chairperson
Richard E. Kihlstrom

PhD Coordinator
Andrew B. Abel

PhD Admissions Coordinator
Domenico Cuoco

Professors
Andrew B. Abel
Franklin Allen
Marshall E. Blume
Michael R. Gibbons
Richard J. Herring
Robert Inman
Urban J. Jermann
Donald B. Keim
Richard E. Kihlstrom
Karen K. Lewis
A. Craig MacKinlay
Richard Marston
David K. Musto
Krishna Ramaswamy
Jeremy J. Siegel
Nicholas S. Souleles
Robert F. Stambaugh
Associate Professors
Domenico Cuoco
Itay Goldstein
Joao Gomes
N. Bulent Gultekin
Jeffrey Jaffe
Michael Roberts
Amir Yaron
Jessica A. Wachter

Assistant Professors
Philip Bond
Alexander Edmans
Philipp Illeditsch
Dana Kiku
Stavros Panageas
Nikolai Roussanov
Pavel Savor
Gustav Sigurdsson
Lucien Taylor
Ayako Yasuda
Motohiro Yogo

Visit the Finance Department website for more information.