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Author
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Topic: Ph.D in Finance with NO Finance Background
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Weny
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posted 4/17/07 7:47 PM
I am a 2005 conference attendee. I've since begun to take the necessary math classes required to be a competitive PhD candidate. At the begining of this process, I thought I wanted a management degree, but I am now developing an interest in Finance. How likely is it for someone with no background in Finance to be seriously considered for a Finance program. And are there any books that I can read to become more acquainted with this area?
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Major
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posted 4/17/07 8:34 PM
A background in finance is not necessary although a background in economics may be useful. More important will be your quantitative background. Academically, I recommend Jean Tirole's Corporate Finance book (very accessible, not to "mathy") and John Cochrane's Asset Pricing book. You don't have to understand everything, but see if you are interested. If you would want to understand it. Also the FT or WSJ will give you a sense of your or non-academic interest in the field. Lastly Hersh Shefrin's small book, Behavioral Corporate Finance is a quick fun read and a nice intersection of the management and finance fields. Best, Major
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Weny
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posted 4/30/07 6:19 PM
Thanks for your suggestions Major!
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William O Lee
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posted 7/6/07 1:47 AM
I'm currently pursing my Doctoral Degree in finance from Walden University. I also have a MBA in finance from the same school. I also have no finance background, but that is about to change. I have volunteered my services to a nonprofit organization to teach financial courses to gain experience.
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