At the beginning of the second year, each student proposes a set of three advanced courses that form a coherent package and enhance the student’s research skills. Students are free to choose elective courses offered by the economics, mathematics, or statistics departments. If applicable, students should work with their advisor to determine if courses in other areas are appropriate.
Students attend the weekly finance workshop and are strongly encouraged to attend the weekly brown bag seminar. Each Ph.D. student makes a presentation in either the workshop or the brown bag seminar of either a thesis proposal or a literature survey. In addition, each student gives a workshop presentation of their dissertation research.
During the first summer, each student completes a literature review paper. During the second summer, each student completes a research paper on a finance topic. The topic may be either theoretical or empirical, and should contain elements of original research that extend the existing literature. Finance faculty members may provide guidance during the paper’s development. Each student makes an oral presentation of the paper to the finance faculty.