The rapidly-developing field of finance focuses on the pricing of financial assets, including equities, bonds, currencies, and derivative securities; portfolio management and the evaluation of financial risks; banking and financial intermediation; the financing of corporations; corporate governance; financial-market and banking regulation; and many other topics.
In addition to the obvious practical relevance of finance, the field contains both challenging intellectual problems and a distinctive formal framework within which those problems can be addressed. Knowledge of modern finance is also essential to the proper understanding of many other topics in economics and public policy, including the determination of exchange rates and international capital flows; the making of monetary and fiscal policy; the role of financial reform in developing and transition economies; the regulation and taxation of financial markets and financial instruments; and anti-trust policy, to give but a few examples.
Finally, modern finance is remarkably eclectic, drawing from many disciplines besides economics, including mathematics, operations research, engineering, computer science, psychology, politics, and history.
Under the auspices of the Bendheim Center for Finance, Princeton undergraduates concentrating in any department may earn a certificate that attests to their proficiency in the discipline of finance. (An article in Science magazine mentions the undergraduate certificate program as a good option for students in areas such as physics.)
If you have further questions about the admission process or the requirements, please contract our Academic Administrator Melanie Heaney-Scott. If you have questions regarding the eligibility of courses that you have taken or plan to take, please contact the Program Representative Prof. David Schoenherr.