The Asset Pricing Track provides rigorous training in (1) the pricing/valuation of financial instruments, including corporate, fixed income, and derivative securities, (2) investment strategies, including performance evaluation and portfolio theory, and (3) the workings of capital markets, including the various participants in their markets, their roles, and the regulatory environment. Elective courses can be chosen to emphasize macroeconomic foundations, empirical methods, or quantitative finance. With an appropriate choice of elective courses, this track provides in-depth preparation for careers in asset management, sales and trading, fixed income and equity research, credit analysis, private equity, private wealth management, insurance, global finance (e.g., IMF, World Bank), central banking, regulation (e.g., SEC), economic consulting and policy, as well as graduate school in finance or economics.
