"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
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.






