Itay Goldstein
Associate Professor of Finance
Coordinator of Ph.D. Program

“We train students to become researchers in all areas of financial economics. Our faculty are leaders in their fields of research, and students benefit greatly from the opportunity to learn from and interact with them.”

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, focusing on Asset Pricing and Portfolio Management, Corporate Finance, International Finance, Financial Institutions and Macroeconomics.

Wharton's Finance faculty, widely recognized as the finest in the world, has been at the forefront of several areas of research. For example, members of the faculty have led modern innovations in theories of portfolio choice and savings behavior, which have significantly impacted the asset pricing techniques used by researchers, practitioners, and policymakers. Another example is the contribution by faculty members to the analysis of financial institutions and markets, which is fundamental to our understanding of the trade-offs between economic systems and their implications for financial fragility and crises.
Faculty research, both empirical and theoretical, includes such areas as:

• Structure of financial markets
• Formation and behavior of financial asset prices
• Banking and monetary systems
• Corporate control and capital structure
• Saving and capital formation
• 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.

Click the Links below for more PhD Information:

Admission and Basic Requirements

Program Of Study

Curriculum

Course Offerings

Course Descriptions

MICRO AND MACRO FNCE 950 Seminars

Summer Math Camp (for incoming PhDs)

1st Year Preliminary Exam

Grade Point Average

Transfer Credit Policy & Form

Second-Year Paper Proposal and Presentation

Research and Teaching Fellowship Policy

Dissertation Committee and Proposal Defense Forms and Instructions

5th Year Funding

Applying for Master's and/or PhD Degree

Job Market

Finance PhD Lunch Seminars

Wharton Doctoral Program Policies and Procedures

Visiting Scholar Policy

Frequently Asked Questions (FAQ)

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