FACULTY
Chairperson
Kihlstrom, Richard E.
Professors
Abel, Andrew B.
Allen, Franklin
Blume, Marshall E.
Gibbons, Michael R.
Gomes, Joao F.
Herring, Richard J.
Inman, Robert
Jermann, Urban J.
Keim, Donald B.
Kihlstrom, Richard E.
Lewis, Karen K.
MacKinlay, A. Craig
Marston, Richard
Musto, David K.
Ramaswamy, Krishna
Siegel, Jeremy J.
Souleles, Nicholas S.
Stambaugh, Robert F.
Yaron, Amir
Associate Professor
Cuoco, Domenico
Goldstein, Itay
Gultekin, N. Bulent
Jaffe, Jeffrey
Roberts, Michael R.
Wachter, Jessica A.
Yilmaz, Bilge
Assistant Professors
Bond, Philip
Drozd, Lukasz
Edmans, Alex
Glode, Vincent
Gormley, Todd
Illeditsch, Philipp
Jenkins, Mark
Kiku, Dana
Maziero, Pricila
Roussanov, Nikolai
Savor, Pavel
Schwarz, Krista
Shaliastovich, Ivan
Sigurdsson, Gustav
Taylor, Luke
Yogo, Motohiro
Practice Professor
Richard, Scott F.
Faculty With Secondary Appointments in the Department
Wharton Faculty
Gyourko, Joseph E. (Real Estate)
Holthausen, Robert W. (Accounting)
Wachter, Susan M. (Real Estate)
University Faculty
Francis X. Diebold
Andrew Postlewaite
Affiliated Faculty
Asher, Martin A.
Benninga, Simon
Elul, Ronel
Geczy, Christopher C.
Kaufold, Howard
Kavajecz, Kenneth
Mester, Loretta
Meyer, Stephen A.
Percival, John A.
Sarig, Oded
Shabbir, Tyyeb
Wessels, David
Emeritus Faculty
Ghandhi, Jamshed K.S.
Grossman, Sanford J.
Guttentag, Jack
Herman, Edward S.
Klein, Lawrence
Litzenberger, Robert
Santomero, Anthony
Smith, Paul
Finance
Asset pricing techniques, widely used in corporations, banks, and stock and bond markets, have undergone radical changes over the last 20 years.
Modern theories of portfolio choice and savings behavior have provided the basis for the innovation of these models, and Wharton's Finance Department has remained at the forefront of these developments.
The Finance Department has four areas of specialization:
- Banking and Financial Institutions, which entails the overall economic context affecting a firm's investments
- Corporate Finance, concentrating on the financing and investment activities of an organization
- Financial Instruments and Portfolio Management, which examines financial instruments and their market behavior
- International Finance, exploring the impact of such issues as foreign currency options and exchange rates parity on the multinational corporation
Academic Programs
The Finance Department offers concentrations in business and public policy at three levels:
Finance faculty also lead customized and senior management executive education programs.
