University of North Carolina, Chapel Hill

Financial Econometrics

The field of financial econometrics encompasses topics in  modern asset pricing, computational general equilibrium, and the microeconomic structure of financial markets.  The dissertation can be  theoretical, methodological, or empirical.  Students tailor a program from the UNC courses listed below to suit their own interests.  Offerings from Duke may be substituted or appended to the list below with the approval of the dissertation advisor.



Eric Ghysels, Edward M. Bernstein Distinguished Professor of Economics and Professor of Finance in the Kenan-Flagler Business School

Eric Renault, Henry A Latane Distinguished Professor of Economics


Nine courses are required for specialization in this graduate field in the three areas of econometrics, statistics and finance, and additional courses may be valuable. Courses that are regularly offered are listed below; the Economics Department and other units in the Triangle area often offer other courses of interest. Students should consult with faculty in the field and the Director of Graduate Studies in selecting their courses.

1. Econometrics: 2.  Statistics: 3.  Finance:

Field examination:

Students write a proposal by May 15th of their second year which will be reviewed by a committee. Upon approval by the committee the field exam requirement will be fulfilled by a research paper supervised by one of the core faculty in this field.

Graduate Program Home Page Last edited 4/23/2009