At the Fox School of Business and the School of Tourism and Hospitality Management, PhD students work closely with world-renowned faculty to publish their research in top journals and learn best practices in the classroom.
Where ideas flourish
As an integral part of a major research university, the Fox School of Business is committed to creating, analyzing and disseminating knowledge accross several business disciplines. We believe that quality education derives from discipline-based and practice-focused research.
Alternative energy
Dr. Ram Mudambi, Fox Professor of Strategic Management and Perelman Senior Research Fellow, collaborated with recent graduate, Snehal Awate, on a research project involving low-risk, highly sustainable wind turbine energy in emerging markets.
Making A Difference
Dr. Paul Pavlou, the recently appointed Associate Dean of the Fox School's PhD program, is committed to further improving the doctoral studies program, student research initiatives and faculty-mentor relationships.
3rd Annual Mid-Atlantic marketing Doctoral Symposium
Friday, March 27th, 8:30am to 5:00PM, 7th Floor Commons, Alter Hall


The PhD concentration in Finance prepares students to assume responsibilities in finance and related departments at major research universities. The department has 21 full-time faculty members who hold doctorates from top business schools across the United States. Our research productivity excels in the areas of corporate finance, banking and asset pricing, and faculty research consistently appears in top journals such as the Journal of Finance, Journal of Financial Economics and the Review of Financial Studies. Our faculty members also serve on the editorial board for the Journal of Economics and Business. Recently, the Finance department was ranked No. 4 nationally in the research rankings released by the Academics Analytics.

Finance department faculty members have worked closely with students to co-author articles in top field journals such as the Journal of Finance, Journal of Financial and Quantitative Analysis and Journal of Corporate Finance. This method of professional preparation has consistently rewarded our graduates with research positions at “High Research Activity” departments as ranked by the Carnegie Foundation. Recent graduates have found initial appointments at the University of Akron, University of Nevada – Reno and Southern Illinois University Carbondale.

For more information please consult the Finance Department website and program promotional materials.

Finance Faculty

Concentration Advisor: Connie X. Mao

Title: Associate Professor
Research Interests: Corporate Finance, Agency Conflicts, Security Markets
Office: Alter Hall 416

Ronald Anderson

Title: Professor & Chair in Finance
Research Interests: Corporate Finance, Corporate Governance
Office: Alter Hall 420

J. Jay Choi

Title: Professor
Research Interests: Global Corporate Governance, International Finance and Strategy, Emerging Markets
Office: Alter Hall 417

Elyas Elyasiani

Title: Professor
Research Interests: Stock Return Modeling; Institutional, Minority and Foreign Ownership Effects
Office: Alter Hall 413

Philip English

Title: Assistant Professor
Research Interests: Law and Finance, Mutual Funds, Cross-country Corporate Governance
Office: Alter Hall 431

Kenneth J. Kopecky

Title: Emeritus Professor
Research Interests: Monetary Economics and Financial Markets
Office: Alter Hall 420

Yan Li

Title: Assistant Professor
Research Interests: Theoretical and Empirical Asset Pricing, Behavioral Finance, Financial Econometrics
Office: Alter Hall 425

Yuanzhi (Lily) Li

Title: Assistant Professor
Research Interests: Corporate Finance, Investment, Bankruptcy and Distress.
Office: Alter Hall 426

Lalitha Naveen

Title: Associate Professor
Research Interests: Empirical Corporate Finance, Corporate Board Structure, Executive Compensation
Office: Alter Hall 418

Oleg Rytchkov

Title: Assistant Professor
Research Interests: Theoretical and Empirical Asset Pricing, Capital Markets, Financial Econometrics
Office: Alter Hall 423

Pavel G. Savor

Title: Assistant Professor
Research Interests: Empirical Asset Pricing, Empirical Corporate Finance, Behavioral Economics
Office: Alter Hall 415

Finance Students

Ming (Megan) Ju


Ming Ju (Megan) joined the Ph.D program at the Fox School of Business in fall 2013 with a specialization in finance. She holds a Bachelor of Science degree in Finance from Donghua University in China (2011), and a Master of Science degree in Finance from Case Western Reserve University (2013). Ming’s research interests are broadly empirical corporate finance, corporate debt markets, corporate governance, executive compensation, and risk management.

View Curriculum Vitae

Ezgi Ottolenghi


Ezgi Hallioglu Ottolenghi is a doctoral student of the Finance Department at the Fox School of Business at Temple University. She received an MBA in Finance and International Business from Drexel University (summa cum laude), and a B.S. in Business Administration from Bilkent University, Turkey. During her undergraduate studies she also spent a semester as an exchange student at Pforzheim University of Applied Sciences, Germany. Prior to the doctoral program, Ezgi worked in the banking industry and primarily focused on credit analysis at various banks. Most recently she served as Vice President in Commercial Banking at Wells Fargo. Her research interests include Corporate Governance and Mergers and Acquisitions.

Michael Puleo


Michael joined the PhD program at the Fox School of Business in 2011. Before coming to Temple University, Michael had studied at the University of Florida where he earned his Bachelor and Master of Science degrees in Finance. His primary research interests include empirical corporate finance and behavioral finance. He enjoys teaching and working with students, and is glad to be a part of the Fox team.

Ivan Stetsyuk


Mr. Ivan Stetsyuk is a doctoral student at the Department of Finance, Fox School of Business. His research interests include financial institutions, mutual funds, executive compensation, and financial time-series.

Prior to joining Fox School of Business, he worked at Investment Management Division of Lehman Brothers (now Barclays Capital).

Mr. Stetsyuk’s recent publications include articles on family controlled companies, compensation, and corporate governance. Mr. Stetsyuk is a member of American Finance Association (AFA), Financial Management Association (FMA), Canadian Academic Accounting Association (CAAA), and American Accounting Association (AAA).

Mr. Stetsyuk earned a M.Sc. degree in Finance at Johns Hopkins University. He was a recipient of the prestigious Fulbright Scholarship. Mr. Stetsyuk speaks Russian, Ukrainian, French, and Polish.

View Curriculum Vitae

Shuai Wang


Shuai Wang (Amy) has won two research grants from the Young Scholar Forum, and is currently exploring her research interests mainly in empirical corporate finance. She has been focusing on executive compensation, insider trading and dividend payout policy. She is also actively seeking interesting ideas that have potential regardless of the field.

She has a passion for teaching and is always exploring creative methodologies that could guide students. She worked as a senior tutor and has been popular among students.

View Curriculum Vitae

Jamie Weathers


Jamie moved from Louisville, KY in the summer of 2011 to join the PhD program in the Finance Department at Temple University’s Fox School of Business. She holds both a Bachelor of Science degree in Management and a Masters of Business Administration from the University of Louisville.

Prior to joining the Fox School of Business at Temple University, Jamie worked as a Midwest Regional Energy Buyer for an energy consultant firm, Summit Energy (now a subsidiary of Schneider Electric).

Jamie’s research interests are focused in empirical corporate finance. She is currently studying the relationship between employee treatment and firm value for large publicly held corporations.

Gao Wei


Wei joined the PhD program at the Fox School of Business in 2014. Before coming to Temple University, he earned his PhD in Economics at Southern Illinois University Carbondale and taught undergraduate economics courses at Bloomsburg University of Pennsylvania and East Stroudsburg University of Pennsylvania after graduation. His primary research interests include IPO underpricing and capital structure. Wei is looking forward to research collaboration with Fox faculty and fellow PhD students. He is also looking forward to teaching and interacting with students in the classroom.

View Curriculum Vitae

Jingbo Yu


Jingbo Yu joined the Ph.D program of Temple University’s Fox School of Business Finance Department in fall 2010. He holds an MS in Finance degree from Illinois Institute of Technology, and Bachelor in Finance degree from Zhejiang University, China. His research interests include mergers and acquisitions, corporate governance and CEO compensation, and general issues in empirical corporate finance.

View Curriculum Vitae

Chi Zhang


I joined in the PhD in Finance program in 2012 fall. I received my Master in Finance degree from University of Delaware, and BA in Finance and Accounting from University of Nottingham, China Campus before joining in Temple.

My main research field is empirical corporate finance. Special purpose acquisition companies, capital structure, and hedging strategies in oil industry are some examples of corporate finance projects I did before. I am currently doing a project about IPO with Dr. Naveen.

As a current first year PhD student, I am still very flexible of my future research areas. If possible, I would love to do researches not only in corporate finance, but also in market microstructure, empirical asset pricing, and game theory.

View Curriculum Vitae

Sample Curriculum

 Financial Aid

All students admitted to our program are considered for full financial support. Funding typically comes in the form of an assistantship and includes full tuition and a competitive stipend for at least four years, based on adequate progress and yearly evaluations. Students who apply before the January 15 deadline will also be considered for Temple’s prestigious university fellowships.



Program Brochure

Fox Research Newsletters


  • Paul Pavlou
    Associate Dean of Research, Doctoral Programs and Strategic Initiatives
  • Lisa Fitch
    Associate Director, Doctoral Programs Recruitment, Admissions and Student Services