The Wisconsin Ph.D. Program in finance prepares individuals for careers in research and teaching at the university level. The program is highly quantitative, providing a strong foundation in financial and economic theory, as well as in mathematical statistical techniques. Through a program of elective courses and dissertation research, students specialize in particular areas of finance.
A joint Ph.D. in finance (business) and economics is another degree option.
The department’s core areas of research include asset pricing, corporate finance, market microstructure, banking, and finance theory. Our faculty members contribute to significant advancements in the theory and practice of finance, as evidenced by our recently published journal articles.
In addition to meeting the UW–Madison Graduate School requirements, students should have the following background:
- Completed and performed well in basic undergraduate economics or finance courses
- Completed and performed well in mathematics, calculus, and linear algebra, including statistics and real analysis
- Theory of Finance
- Seminar–Corporate Finance
- Topics Seminar–Finance Ph.D.
- Economic Statistics and Econometrics I
- Economic Statistics and Econometrics II
- Economic Theory–Microeconomics Sequence I
- Economic Theory–Microeconomics Sequence II
- Economic Theory–Macroeconomics Sequence I OR Economic Theory–Macroeconomics Sequence II
- Real Analysis (this requirement may be waived if an equivalent has been completed prior to admission)