The main objective of the program is to produce outstanding researchers who can be placed in the world's top academic finance departments.
Doctoral students in finance at the Stephen M. Ross School of Business have access to a large, active and collegial finance faculty with diverse research interests. The faculty devotes significant resources to the PhD program, recognizing that having a top PhD program is critical to maintain an outstanding research environment. The relatively small number of students ensures quality interaction with the faculty. Faculty research interests span all areas of Finance.
For example, research on mortgage markets, financial institutions, and the shadow-banking system undertaken by Ross finance faculty and PhD program graduates has generated important insights about the factors that lead to the recent financial crisis and its calamitous economic consequences. Topics of recent research interest by our faculty further include corporate governance and the role of boards, corporate investment policy, investor behavior, liquidity and asset prices, and global financial markets.