PhD in Finance candidates research industry issues

Doctoral studies hone a lifelong ability to approach issues scientifically and to research them thoroughly. As such, they are a critical step for practitioners who strive for constant learning and progression in their field.
The PhD in Finance offered by EDHEC-Risk Institute is designed for professionals whose aim is to gain and maintain an in-depth understanding of finance as well as the ability to initiate and carry through research projects that will yield original insights and lead to innovative approaches and offerings.
To help PhD in Finance candidates acquire first-rate research skills and author high-quality dissertations, EDHEC-Risk Institute organises solid research training through courses, seminars and workshops, implements a rigorous procedure to track the progress of dissertation work and offers support and feedback from professors and peers, and ensures a faculty member is available for one-on-one input and advice at the dissertation stage.
Participants work closely with faculty to author insightful dissertations that make original contributions at the frontiers of financial knowledge and practice. Selecting a dissertation topic that corresponds to areas of professional expertise and echoes actual problems faced by the candidate’s organisation goes a long way toward optimising the time spent on dissertation work. The programme director and core faculty team help each participant identify a suitable topic and dissertation adviser. The dissertation adviser is a world-class scholar selected for his or her expertise in the candidate’s field of specialisation and is responsible for advising the candidate throughout the research process, from the choice of elective seminars to the dissertation defence.
During the second and third academic years of the PhD in Finance programme, each PhD candidate is required to make two formal presentations of their research work and to provide comments and feedback to other candidates presenting their newly-developed theoretical insights and original empirical findings. The research presentation series is designed to provide peer and faculty support and advice to PhD candidates working on their dissertations as well as to hone research presentation skills.
In March of this year, the PhD in Finance candidates in the European chapter of the programme presented their ongoing research on the Nice campus. The selected themes, corresponding to the candidates’ fields of professional expertise or important issues faced by their organisations, included the following topics:
- Valuation of corporate liabilities under stochastic recovery time
- Pricing bail-in securities: a contribution to the proper resolution regime to modern banks
- The value of consensus currency forecasts
- Market-timing of accrual-based fundamental trading strategies with technical trading strategies
- Does monetary policy matter for a long term investor?
- Hedge fund UCITS: a quasi experiment
- Asset allocation: should you delegate it? Should you constrain it?
- On the relationships between connectedness and the covariance matrix
- Dispersion risk and world consumption: role and relevance for the cross-section of international equity returns
- The asset allocation and consumption life-cycle problem with stochastic differential utility
- The benefits of volatility derivatives in equity portfolio management
- Does market incompleteness matter for market microstructure?
The PhD in Finance at EDHEC-Risk Institute is the foremost academic and professional qualification for experienced practitioners. Although the programme requires exceptional dedication, its career impact and the satisfaction of conducting research on the frontiers of knowledge and professional practices are ample reward for those who decide to make this commitment.
For more information about the EDHEC-Risk Institute PhD in Finance, please contact:
Tel.: +33 493 183 267 / +65 6438 9896
Web: http://phd.edhec.edu


