Interested in Applying?
Those seeking admission to the joint program should apply online to either the PhD program in the Department of Economics or Chicago Booth. The GRE is required for all applicants to this program.
The Joint Program in Financial Economics was established in 2006 and is run jointly by the Finance dissertation area at Chicago Booth and the Department of Economics in the Division of the Social Sciences.
The aim of this program is to exploit the strengths of both sponsors in training PhD students interested in financial economics. Core economics training is valuable for students seeking to do research in financial economics, and advances in financial economics have important spillovers to other areas of economics. Students must satisfy program requirements for the PhD in both departments.
Under the leadership of Lars Hansen and Robert Townsend, Joint Program students and PhD students from Massachusetts Institute of Technology presented their ongoing research in macroeconomics, finance, growth and development, and corporate finance.
Joint Program students had the opportunity to meet with Narayana Kocherlakota in a small group during his visit to the Becker Friedman Institute in March 2016.
Three rising 3rd year students from the Joint Program in Financial Economics--Greg Buchak, Johnanthan Loudis, and Yiyao Wang--were selected by a faculty committee to attend the 2015 Princeton Initiative. Following the Princeton tradition of incorporating financial frictions in macroeconomic models, this camp brings together top 2nd year PhD students who wish to write a PhD thesis at the intersections between Macroeconomics and Finance.