Bendheim Finance at Princeton University

Bendheim Center for Finance (BCF) at Princeton University stands as a premier destination for advanced financial education and research. Founded in 1997, the center is named after John Bendheim, a 1940 alumnus of Princeton, whose generous endowment significantly bolstered its establishment and growth.

Unlike a traditional business school, Bendheim Center for Finance is uniquely integrated within the Department of Economics. This placement offers students a rigorous, quantitative approach to understanding financial markets and institutions, drawing heavily on economic theory, mathematical modeling, and statistical analysis. The focus leans towards developing analytical prowess rather than solely honing practical skills like those emphasized in more professionally oriented programs.

The center’s flagship program is the Master in Finance (MFin) degree, a selective and intensive program geared towards students seeking careers in quantitative finance, asset management, risk management, and related fields. The curriculum is demanding, encompassing areas such as stochastic calculus, econometrics, financial econometrics, asset pricing, and portfolio optimization. Students learn from world-renowned faculty who are active researchers and contribute significantly to the academic literature.

Beyond the core coursework, BCF fosters a vibrant research environment. Faculty and affiliated researchers delve into a wide array of topics, including market microstructure, behavioral finance, derivative pricing, and financial regulation. The center regularly hosts conferences and seminars that bring together leading academics, industry professionals, and policymakers, facilitating the exchange of ideas and cutting-edge research findings.

The Bendheim Center also supports undergraduate students through various initiatives. Undergraduates can pursue certificates in Finance, Quantitative and Computational Biology, and Engineering and Management Systems, providing them with a valuable foundation in finance and related disciplines. These certificates supplement their primary academic studies, equipping them with the skills and knowledge necessary to pursue careers in finance or further graduate studies.

Furthermore, BCF actively engages with the financial industry, establishing partnerships with financial institutions and firms. These collaborations provide students with opportunities for internships, networking, and exposure to real-world financial applications. The center’s strong alumni network also plays a crucial role in career placement and mentorship for graduating students.

In essence, Bendheim Center for Finance at Princeton is not just a finance program; it’s an intellectual hub pushing the boundaries of financial knowledge through rigorous research and education. It distinguishes itself by emphasizing a deep understanding of the underlying economic principles that drive financial markets, preparing its graduates to become leaders and innovators in the ever-evolving world of finance.