Indiana University Bloomington Finance PhD Program
The Finance PhD program at Indiana University Bloomington’s Kelley School of Business is a rigorous and highly regarded program designed to prepare students for successful careers in academic research. It emphasizes a strong foundation in economic theory, econometrics, and empirical research methods, while providing opportunities for specialization within finance.
Program Overview
The program typically takes five years to complete. The first two years are primarily dedicated to coursework, covering topics such as:
- Financial Economics
- Corporate Finance Theory
- Asset Pricing Theory
- Econometrics (both theoretical and applied)
- Microeconomics
- Macroeconomics
Students also participate in research seminars and workshops throughout their studies, allowing them to engage with current research and develop their own research ideas. After completing coursework and passing qualifying exams, students focus on developing and completing their dissertation research.
Faculty and Research
The Kelley School of Business boasts a distinguished finance faculty with expertise across a wide range of research areas, including:
- Asset Pricing
- Corporate Finance
- Financial Institutions
- Market Microstructure
- Behavioral Finance
Faculty members are actively engaged in research and publish in top-tier finance journals. They provide close mentorship and guidance to PhD students, fostering a collaborative and supportive research environment. Students are encouraged to work closely with faculty on research projects and present their work at conferences.
Placement
The Indiana University Bloomington Finance PhD program has a strong placement record, with graduates securing faculty positions at leading universities both domestically and internationally. The program’s emphasis on rigorous training and high-quality research prepares graduates for the demands of academic careers.
Admission Requirements
Applicants to the program typically possess a strong quantitative background, often holding undergraduate or master’s degrees in fields such as economics, finance, mathematics, statistics, or engineering. A strong academic record, high GRE scores, and compelling letters of recommendation are crucial for admission. While not required, prior research experience is highly valued.
Life in Bloomington
Bloomington is a vibrant college town offering a high quality of life at a relatively affordable cost. The city boasts a thriving arts and culture scene, numerous restaurants and bars, and beautiful natural surroundings. The presence of Indiana University creates a stimulating intellectual environment.
In Summary
The Finance PhD program at Indiana University Bloomington’s Kelley School of Business provides a rigorous academic experience, preparing students to become leading researchers in the field. Its strong faculty, research focus, and excellent placement record make it a compelling option for aspiring finance academics.