When you undertake your doctorate in Finance at the University of Auckland Business School, you’ll join a high-calibre research community and have opportunities to publish papers, attend international conferences and develop a network in academia and industry.

Our researchers are currently examining how investors and firms allocate scarce resources over time. This covers corporate financial decision-making, investment analysis, portfolio management and financial instruments, and institutions and markets.

We invite research proposals in any of the following or related topics**:

• Investments, asset pricing, financial anomalies and machine learning applications in finance
• The cost of capital - The factors that determine the required rate of return on risky asset, topics related to capital budgeting, the valuation of firms and the regulation of pricing
• Initial public offerings of equity securities and seasoned equity offerings - The factors affecting under-pricing and the history of the under-pricing phenomenon
• Market microstructure - The impact of "market architecture" on the outcomes of the trading process
• Securities’ market regulation - The regulation of information disclosure in financial markets and its impact on the financial information environment
• Risk management - The identification and measurement of financial risks and the management of these risks using financial instruments
• Banking, financial institutions and regulation - Bank supervision and regulation; the global financial crisis

**Note: this is not an exhaustive list.