Financial Economics PhD
Degree Requirements
The following requirements are in addition to, or further elaborate upon, those requirements outlined in The Graduate School Policy Guide.
Total Units Required: 18
| Course | Title |
|---|---|
| Core Courses | |
| ECON 410-1 | Microeconomics |
| ECON 410-2 | Microeconomics |
| ECON 410-3 | Microeconomics |
| ECON 411-1 | Macroeconomics |
| ECON 411-2 | Macroeconomics |
| ECON 411-3 | Macroeconomics |
| ECON 480-1 | Econometrics |
| ECON 480-2 | Econometrics |
| ECON 480-3 | Econometrics |
| Field Sequences | |
| Nine Approved Field Courses that must include: | |
At least two courses in Asset Pricing | |
| Asset Pricing I | |
| Asset Pricing II | |
| Asset Pricing III | |
At least two courses in Corporate Finance | |
| Corporate Finance I | |
| Corporate Finance II | |
| Corporate Finance III | |
Two approved Economics field sequences of at least two quarters each | |
At least one course in Economic History | |
| American Economic History | |
or ECON 420-2 | European Economic History |
Other PhD Degree Requirements
- Examinations: satisfactory grades in each of the three core areas (microeconomics, macroeconomics, and econometrics); oral examination for approval of dissertation prospectus
- Finance Comprehensive Exam: Students must pass a Finance Competence Requirement. This can be done by achieving a 3.6 GPA across four finance doctoral courses (FINC 585-1 Asset Pricing I, FINC 585-2 Asset Pricing II, FINC 585-3 Asset Pricing III, FINC 586-1 Corporate Finance I, FINC 586-2 Corporate Finance II, or FINC 586-3 Corporate Finance III), or by passing a comprehensive Finance exam. The Exam takes place at the beginning of the summer quarter of the second year, typically in June.
- Research/Projects: two research papers presented in the student seminar (ECON 501-0 Graduate Student Seminar) or equivalent
- PhD Dissertation: original, independent research
- Final Evaluations: oral dissertation defense