The mission of the Department of Finance is to provide an environment conducive to faculty research of the highest caliber and to offer nationally recognized instructional programs at the undergraduate, masters, and doctoral levels. The department strives to develop its faculty throughout their careers in the achievement of excellence in teaching, research, and service.
Our department houses faculty in financial economics, with research interests in corporate finance, asset pricing, and risk management. Faculty members with business law, insurance and real estate specialties are also part of our department. The Fisher finance department is consistently ranked as among the top finance departments in the world (ASU Finance Research Rankings, U.S. News and World Report, UT Dallas Rankings by Journal).
The department prides itself in providing a vibrant research atmosphere characterized by extensive collaboration and a shared goal of excelling through the production of cutting-edge research. This research effort is facilitated by resources made available through the Charles A. Dice Center for Research in Financial Economics that is dedicated to promoting high-quality research in financial economics. The Dice Center sponsors the Stephen A. Buser Colloquium Series in Financial Economics, which showcases research by colleagues from around the world focusing on financial economics.
The department regularly ranks in the top ten Departments based on research in top- tier journals: The Journal of Finance, The Journal of Financial Economics, and The Review of Financial Studies (ASU Finance Research Rankings, UT Dallas Rankings by Journal). The faculty maintains high research productivity, as evidenced by the forthcoming and recently published papers in top-tier journals. Faculty research also has a high impact, as measured by the Web of Knowledge/ISI citations.
The Journal of Finance was housed at Ohio State University and edited by René M. Stulz for twelve years (1988-2000). Faculty members have served on the editorial boards of top-tier journals: The Journal of Finance (Werner, Stulz), The Journal of Financial Economics (Stulz, Wruck, Zhang), and The Review of Financial Studies (Weisbach, Werner).
Several faculty members have been elected President of major finance associations like the American Finance Association (Stulz) and the European Finance Association (Werner) and the Western Finance Association (Stulz). Members of our faculty have also been program chairs for major academic finance conferences, such as the AFA meetings (Stulz), the EFA meetings (Werner), and the WFA meetings (Stulz).
Department faculty have received numerous teaching awards and are currently engaged in developing new educational approaches focusing on action-based learning, emphasizing the use of technology both in the classroom and through hybrid course delivery. The department offers courses across a broad range of programs at Fisher College of Business, and also offers service courses to many programs across The Ohio State University campus.
We are proud of our Finance Doctoral program graduates who as a group rank in the top ten of graduates from all U.S. universities based on publications in top-tier journals. In total, more than a third of all undergraduate students and two-thirds of all MBA students at Fisher select a major or specialization offered by the Finance Department (Office of Career Management).
The department also has a long-standing collaboration with the Korea Institute of Technology (KAIST) and hosts a group of KAIST graduate students at Fisher every spring. In the fall of 2011, the department successfully launched a new one-year Specialized Masters in Business with focus on Finance (SMF).
The finance department has an informal advisory council of almost one hundred high-level finance professionals primarily from the Central Ohio business community. Council members and department faculty regularly meet to discuss current topics in research and practice.
Faculty members are also actively involved in the regulatory debate both in the U.S. and Europe. Professor Stulz is a member of the Squam Lake Group, and has provided Congressional testimony on several occasions. Professor Ingrid M. Werner has served as an academic advisor to the Nasdaq Stock Market and to the Swedish Financial Regulatory Committee, and she has provided testimony to the Swedish Ministry of Finance.
Both Professor Stulz and Professor Werner have contributed to the regulatory debate by participating in roundtable discussions at the U.S. Securities Exchange and Exchange Commission.