Careers

Although relatively new, the PhD Program has a strong placement record. The one-to-one student/faculty ratio enables PhD candidates to collaborate on published research. This places them in a strong position from which to embark on their academic careers.

Graduates have found very good opportunities for tenure-track positions at major research universities - most recently, at University of Arizona, the University of Minnesota, Michigan State University and Suffolk University. Other graduates are making their mark in different ways. For example, one 1996 graduate returned to his native country to become economic advisor to the prime minister of Turkey.

Faculty work closely with students as the academic job search proceeds. To gain exposure to the academic job market, doctoral students have attended and interviewed at the annual conferences of the Financial Management Association and the American Finance Association.

Recent PhD graduates have specialties in:

Financial Institutions
Initial Equity Offerings
Financing Choices and Corporate Performance
Signaling Theory, Loan Loss Reserves
Dividend Policy

Faculty can support doctoral students in other research areas, including:

Regulation of Financial Institutions
Executive Compensation
Effects of Large-Block Shareholders on Management Decisions
Stock Splits and Market Liquidity
Price Limits, Bid-ask Spreads, and Price Efficiency
Post-bankruptcy Performance and Management Turnover
Stochastic Volatility Models
Predictability of Stock Returns
Corporate Leasing and Borrowing Activities
Board of Directors, Ownership, and Regulation
Dividend Policy
Determinants of Bond Yields
Private versus Public Offerings of Securities