Finance
Wharton's PhD program in Finance provides a solid foundation of the theoretical and empirical tools of modern finance, drawing heavily on the discipline of economics. Students prepare for careers at the world's leading academic institutions in the areas of: Banking and Financial Institutions, Corporate Finance, International Finance, and Financial Instruments and Portfolio Management.
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:
1.Structure of financial markets
2.Formation and behavior of financial asset prices
3.Banking and monetary systems
4.Corporate control and capital structure
5.Saving and capital formation
6.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.
Financial Aid
The Finance Department usually provides financial aid, for a period of five years, to students in good standing in the PhD program. Financial aid generally consists of tuition, plus a stipend.
Application Requirements
The application deadline for Fall 2012 is December 15, 2011. All deadlines are 5:00 p.m. Eastern Standard Time. A complete application includes a completed online application and the supplemental application materials below.
Wharton only accepts applications submitted via our online application system
Transcripts
Letters of Recommendation
Essays
Standardized Test Scores
Application Fee
Application Deadline
Prior Convictions Information
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