"Ignorance more frequently begets confidence than does knowledge: it is those who know little, and not those who know much, who so positively assert that this or that problem will be solved by science."
Charles Darwin
The PhD program in finance aims to train innovative scholars, able to produce top-quality research in finance. To achieve this objective, students need to develop deep understanding of contemporaneous finance and related fields, demonstrated through the successful completion of required courses and a comprehensive exam. Further, they need to show their skills in producing original research through a second-year paper and a dissertation.
The second-year paper must be presented in the Finance Department brown bag seminar before the end of the third year in front of the Faculty.
Students are required to participate in the academic activities of the finance department (external seminar, brownbag, conferences) and they will have the possibility to cooperate with the faculty both at the Paris and the Singapore campuses.
In this concentration, students can specialize in one of the following subfields:
- Asset pricing and investments
- Corporate Finance
- Household finance
- Climate finance
- Financial Econometrics
- Microstructure
- Risk Management
Courses and seminars cover three components
General Requirements
- Applied Statistics
- Macroeconomics
- Microeconomics
Advanced Courses and Seminars – Year 1
- Asset Pricing Theory
- Corporate Finance Theory
- Micro-econometrics
- Econometrics and Machine Learning in Finance
- Research seminars of the Finance department: External seminars and brownbags
Advanced Courses and Seminars – Year 2
- Empirical methods in Asset Pricing
- Empirical methods in Corporate Finance
- Microstructure of Financial Markets
- Topics in Corporate Finance
- Research seminars of the Finance department: External seminars and brownbags
Electives : 3 among
- Behavioral Finance
- Stochastic Processes
- Banking
- Time Series Analysis
- Advanced Microeconomics
- Advanced Macroeconomics
- Introduction to Decision Theory
Darden School of Business (USA), University of Melbourne (Australia), Shanghai University of Finance and Economics (China), SKEMA (France), Nova School of Business and Economics (Portugal), BI (Norway), Corvinus (Hungary)