Finance
The Finance programs provide comprehensive training in financial economics, econometrics, and mathematical methods. The Ph.D. program focuses on developing independent research skills. Ph.D. students will automatically be enrolled for the MSQ program. MSQ students follow the same courses as Ph.D. students and can transition to the track after a successful first year.
Ph.D.
The Ph.D. Program in Finance offers rigorous training in financial economics, econometrics, and mathematical methods. Students begin with core coursework and progress to independent research under the guidance of GSEFM faculty.
Ph.D. Structure
- Pre-Semester: Mathematics, Statistics and Econometrics
- First Semester: Advanced Econometrics 1 (8 CP), Advanced Financial Economics 1 (8CP), Advanced Macroeconomics 1 (8 CP) or Advanced Microeconomics 1 (8 CP), Mathematical Methods (8 CP)
- Second Semester: Advanced Econometrics 2 (8 CP), Advanced Financial Economics 2 (8 CP), Advanced Macroeconomics 2 (8 CP) or Advanced Microeconomics 2 (8 CP), Programming Languages (4 CP)
- Qualifying Examinations
More details on the courses can be found via Goethe University’s course catalogue.
- 5 Field Courses and 1 Seminar
You can find all field courses and seminars via Goethe University’s course catalogue. Please note that one field course must be in your chosen field, all others can be taken individually. Field courses offered may change from semester to semester, so please check the course catalogue for your respective semester.
- Independent Studies Course (Teaching Skills)
- Third-Year Research Paper
- Job Market Course
- Thesis Defense
MSQ
The MSQ Program in Quantitative Finance provides first-year students with core training in finance, econometrics, and mathematical methods. Successful students may continue into the Ph.D. Program, while the MSQ is completed with a master’s thesis.
MSQ Structure
- Same courses as for the Ph.D.
- 4 Field Courses and 1 Seminar
Please note that one field course must be in your chosen field, all others can be taken individually. Field courses offered may change from semester to semester, so please check the course catalogue for your respective semester. - Thesis submission