Finance is the study of how economic resources are channeled through time, across business activities, and around the globe to help individuals and institutions manage their affairs more effectively. Finance has become the universal language of commerce—cutting across industries, countries, and circumstances—and is now an indispensable tool for fueling innovation and economic growth, planning for retirement, and managing risk. If used improperly, finance can also be a source of misaligned incentives and systemic risk; hence the stakes have never been higher.
The MIT Sloan Finance Group is dedicated to conducting rigorous and relevant research in finance, educating a broad range of students and executives in the latest financial models and methods, and advising regulators and policymakers on finance-related policy issues. With 19 full-time tenure-track and 16 affiliated faculty, the MIT Sloan Finance Group covers a broad range of research interests including corporate finance, consumer finance, risk management, international finance, derivative securities, financial engineering, asset management, and behavioral finance. Educational programs include the MBA Finance Track, the Master of Finance, and the Finance PhD program, while the Laboratory for Financial Engineering, the Center for Finance and Policy, and the MIT Sloan Trading Room provide opportunities for faculty and students to engage in joint research and teaching activities.
Through innovative academic programs, a wide selection of course offerings, and groundbreaking research, the MIT Sloan Finance Group is committed to its role as a world leader in financial thought and education.
Focus On: The MIT Center for Finance and Policy
The MIT Inaugural Conference on Finance and Policy is the premier kick-off event for the MIT’s new Center for Finance and Policy is scheduled for September 12 and 13, 2014. The conference highlights new research and key policy issues that are representative of the Center’s three research tracks:(1) Evaluation and Management of Government Financial Institutions; (2) Microprudential Regulation of Financial Markets and Institutions; and(3) Macroprudential Regulation and Systemic Risk Measurement and Control.
In keeping with the CFP’s mission—to be a catalyst for new research and thinking in these areas; and to create opportunities for academics, policymakers, regulators, and practitioners to interact—the conference features a mixture of paper presentations, panel discussions, and opportunities for informal interactions among participants.
Conference attendance is by invitation, but the sessions will available for viewing afterwards via the web.
- Andrew Lo's Book "The Econometrics of Financial Markets" awarded the inaugural Eugene Fama Prize for Outstanding Contributions to Doctoral Education by the University of Chicago Booth School of Business.
- A newly published study co-authored by Professor Antoinette Schoar shows strong working relationships between bankers and clients reduct the likelihood of loan delinquencies and defaults
- Master of Finance Program Enters Sixth Year
- Robert Merton lectures at the 5th Lindau Meeting on Economic Sciences
- Jonathan Parker: The effectiveness of tax rebates as countercyclical fiscal policy