Course Structure
The curriculum consists of three years. During the first year the following mandatory courses must be passed:
- Quantitative Methods
- Financial Econometrics
- Corporate Finance
- Asset Pricing
- Continuous Time Finance
- Finance Paper Reading
- Paper Writing
- Finance Research Seminar
In subsequent years students have to pass at least six elective courses. Students can choose from a wide range of elective courses, depending on their area of specialization. Examples of usually offered elective courses are:
- Game Theory
- Real Options
- Advanced Topics in Corporate Finance
- Advanced Topics in Asset Pricing
- Empirical Asset Pricing
- Interest Rate Models
- Advanced Topics in Continuous Time Finance
- Credit Risk Management
Recent elective courses have been taught by (amongst others) Christopher Hennessy from the London Business School ("Advanced Corporate Finance"), Nicolae Garleanu from the University of Pennsylvania ("Liquidity and Asset Pricing"), David Lando from the Copenhagen Business School ("Credit Risk Management"), Rossen Valkanov from the University of California San Diego ("Financial Econometrics and Empirical Portfolio Choice"), Gordon Phillips from the University of Maryland ("Interaction of Finance and Industrial Organization"), Toni Whited from the University of Rochester ("Empirical Corporate Finance and Applied Cross-Sectional Econometrics"), Jacob Sagi from the Vanderbilt University ("Advanced Asset Pricing"), and Jiang Wang from the MIT ("Advanced Asset Pricing").
Information about past courses can be found in the archive.