The Finance Group
The Finance Group is dedicated to conducting rigorous and relevant research in finance, educating a broad range of students and executives in their latest financial models and methods, and advising regulators and policymakers on critical issues. Our accomplished faculty are thought leaders in the field. We are also the faculty body of Finance at MIT—an ecosystem of people, programs, research and partnerships pushing the boundaries of finance.
Watch all presentations from the Stephen A. Ross Memorial Conference
Remembering Professor Stephen A. Ross (1944-2017)
About the MIT Sloan Finance Group
The MIT Sloan Finance Group was founded in the late 1960s, long before many other business schools recognized finance as a distinct field of study. Thanks to the intellectual contributions of Paul A. Samuelson and the academic leadership of Professor William Pounds, who was dean of MIT Sloan from 1966 to 1980, the Finance Group coalesced into an influential collection of scholars with a common interest.
Members of this academic unit became the pioneers of modern finance, including Fischer Black, John Cox, Stewart Myers, and Nobel Laureates Bengt Holmström, Robert Merton, Franco Modigliani, and Myron Scholes. Many breakthroughs in financial economics are associated with MIT faculty, including: the Black-Scholes/Merton option-pricing model; the Modigliani-Miller theorems; continuous-time models of consumption and portfolio choice; applications of option-pricing theory to real investments, corporate finance, and other real options; equilibrium models of the term structure of interest rates; binomial option-pricing; and the risk-neutral pricing kernel for pricing derivative securities.
Today’s Finance Group is continuing this legacy of excellence and thought leadership. The finance research program spans all of the sub-disciplines that financial economics has produced over the last four decades, including: corporate finance; the implementation of financial asset pricing models; the pricing of options and other derivative securities; economics of organizations; and the characterization of financial risks.
Finance Group teaching activities include courses in the MBA program, Master of Finance program, MIT Sloan Fellows program, MIT Executive MBA Program, the undergraduate program, as well as other programs and collaborations with organizations and universities around the world.
Advisory Board
The MIT Sloan Finance Group Advisory Board consists of leaders in the financial industry and academia who bring ideas and expertise that help us drive excellence in finance education and research.
Board members meet regularly with the MIT Sloan Finance group to provide guidance with respect to several initiatives and programs, including the MBA Finance Track, the Master of Finance program, the undergraduate program, MIT Sloan Executive Education, and our ambitious research agenda. We are grateful to these individuals for their support and friendship.