PhD in Finance programme expands core and affiliate faculty
A year ago, EDHEC-Risk Institute and EDHEC Business School kicked off an ambitious recruitment drive to support the continued growth of the PhD in Finance programme in Europe and its extension to Asia.

The search for talent has met with remarkable success and further strengthened what was already an exceptional group of international scholars.
The core programme faculty is made up of full-time EDHEC Business School professors. Core faculty members design and deliver the majority of core courses, act as primary dissertation directors, and offer elective courses linked to their expertise and research interests.
In the 2010/2011 academic year, the core programme faculty will grow to ten professors with the addition of Giuseppe Bertola, PhD (MIT), joining from the University of Turin, Ekkehart Boehmer, PhD (Georgia), joining from the University of Oregon, Bob Kimmel, PhD (Chicago), joining from Ohio State University, and Raman Uppal, PhD (Wharton), joining from London Business School.
An economics scholar and advisor to the European Commission and the European Central Bank, Professor Bertola will bring his expertise in financial market structures and institutions to the programme. Professor Boehmer will be the programme’s micro-structure, market efficiency, and trading specialist, combining outstanding publications in these areas with experience as Director of Research at the New York Stock Exchange and Senior Economist at the United States Securities and Exchange Commission.
Professor Kimmel will bring his expertise in applied quantitative methods with an emphasis on the term structure of interest rates, estimation of stochastic processes, and asset pricing. A finance scholar of great repute, Professor Uppal will strengthen the collective expertise in portfolio selection, asset pricing, and risk management, and add to it a distinctive knowledge of international finance and exchange rates.
Professors Bertola and Boehmer will be based on the School’s Nice campus, Professor Kimmel will serve as Assistant Academic Director for Asia in Singapore, and Professor Uppal will be at the School’s new campus in London.
The academic networks of the core faculty have been tapped to assemble an outstanding cadre of affiliate programme faculty. Affiliate faculty members design and deliver elective courses that correspond to their areas of expertise and act as dissertation directors. Over the last year, another four scholars have joined the ranks of the affiliate faculty, pushing the total of affiliates to sixteen. Federico Bandi, PhD (Yale), is with Johns Hopkins University and EDHEC-Risk Institute and brings considerable expertise in financial econometrics. Ravi Bansal, PhD (Carnegie Mellon), is the J.B. Fuqua Professor of Finance at Duke University’s Fuqua School of Business and is a specialist of asset pricing, macroeconomics, liquidity, and climate change. Peter Christoffersen, PhD (Penn), is with McGill University and has a wealth of experience in volatility modelling for option valuation and back-testing procedures for risk management systems. Pierre Collin-Dufresne, PhD (HEC Paris), is the Carson Family Professor of Business at Columbia Business School specialises in fixed-income securities and credit default and will bring to the programme both his research expertise and his industry experience as a senior portfolio manager at Goldman Sachs Asset Management.
Between them, these newcomers have published close to thirty articles in the last three years (2007-2009), including papers in the European Economic Review (1), the Journal of Econometrics (3), the Journal of Finance (4), the Journal of Financial Economics (3), Management Science (2), the Review of Economic Studies (2), and the Review of Financial Studies (6) to mention but the most prestigious outlets.
They also serve or have served as editors for such journals as Econometric Theory, the Econometrics Journal, the Journal of Applied Econometrics, the Journal of Banking and Finance, the Journal of Business and Economic Statistics, the Journal of Econometrics, the Journal of Financial Econometrics, the Journal of Quantitative Financial Analysis, Management Science, the Review of Finance, and the Review of Financial Studies.
Although outstanding research credentials are a requisite for faculty members, excellent pedagogical skills–the newcomers have been distinguished for teaching excellence by institutions such as Berkeley,
Booth, LBS, McGill, and Wharton–and a history of engagement with the financial industry are also necessary.
The programme faculty has grown from sixteen to twenty-six in less than two years, yet EDHEC-Risk Institute remains committed to further swelling its ranks to maintain high-quality research supervision and to broaden the range of expertise PhD candidates can tap into for guidance and inspiration.
The deadline to submit the application file for the PhD in Finance (Asia-based) programme is September 17, 2010. The number of seats in the programme is limited so as to guarantee the quality of teaching and research supervision. |
To learn more about the EDHEC-Risk Institute PhD in Finance, please contact Ms Maud Gauchon at maud.gauchon@edhec-risk.com or on +33 493 183 267.



