PhD

Finance

The Finance group at MIT Sloan delves into the study of markets for real and financial assets, emphasizing the practical applications of modern financial theory widely adopted by Wall Street and corporations. Students gain a robust understanding of foundational theories and acquire the tools necessary for conducting both theoretical and applied research. After completing coursework in microeconomics and macroeconomics, students tailor their research programs with faculty guidance, often contributing to and expanding on faculty research. Notable faculty members include Hui Chen, whose research intersects asset pricing and corporate finance; Deborah Lucas, known for her work on public sector financial management; and Maryam Farboodi, who explores the economics of big data and its impact on financial markets. 

Research from Finance Faculty

Press Báo Thanh Niên

Good book: How has social media secretly 'hyped' us?

In his book "The Hype Machine," professor Sinan Aral argued that the combination of social media, smartphones, and machine intelligence is designed to exploit weaknesses in human psychology and behavior. From there, this "hype machine" silently affects the way we shop, date, read the news, exercise, and even do charity.

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Press Folha de S. Paulo

The next step is to convince India

Professor Catherine Wolfram said: "The coalition will be important as a vehicle for building trust, so that countries understand what each other's carbon policies are, but there's also technical work to be done. For example, we need to think about how to compare countries that have carbon pricing implemented for a carbon market and those that have a pricing policy implemented only with a tax or fee."

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Press MIT Sloan Management Review

What stablecoin regulation means for business

Research scientist Christian Catalini wrote: "A handful of institutions, such as credit card issuers and banks, run the tollbooths of everyday payments, collecting a toll on every swipe, tap, or wire. Consumers believe they are getting a free service, all while the background radiation of invisible fees shapes business models. The passage of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act presents leaders with new options that could upend that system."

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Full-Time Faculty

Paul Asquith

Paul Asquith

Gordon Y Billard Professor of Finance

Paul Asquith is the Gordon Y Billard Professor of Finance and a Professor of Finance at the MIT Sloan School of Management. Asquith is a specialist in corporate finance and a media source for the field of corporate finance and control, including…

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Hui Chen

Hui Chen

Nomura Professor of Finance

Hui Chen is the Nomura Professor of Finance and a Professor of Finance at the MIT Sloan School of Management. His research focuses on asset pricing and its connections with corporate finance. Chen is particularly interested in the interactions…

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Taha Choukhmane

Taha Choukhmane

Albert F. (1942) & Jeanne P. Clear Career Development Assistant Professor in Global Management

Taha Choukhmane is an Assistant Professor of Finance at the MIT Sloan School of Management. He was most recently a postdoctoral fellow at the National Bureau of Economic Research. His research interests lie at the intersection of household finance…

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John C. Cox

John C. Cox

Nomura Professor of Finance, Emeritus

John Cox is the Nomura Professor of Finance, Emeritus at the MIT Sloan School of Management. A leading authority on corporate finance and finance theory, Cox has developed an inter-temporal financial model broad enough to include the fundamental…

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