Department's Overview: Finance

The rapid progress of financial theory has stimulated enhanced innovations and global competition in the world financial system for the last quarter century. Advancements in asset management techniques, corporate finance, and risk management technologies have brought about a remarkable increase in the efficiency of capital, but they have also revealed some of the inherent flaws in various aspects of the economic system. Today, the strengthening of financial research and education has become a driving force greatly contributing to the balanced growth of the world economy as the discipline learns from past mistakes and accumulates further advances in knowledge.

In recognition of these trends, the Faculty of Economics of the University of Tokyo established the Department of Finance in April 2007 with two main objectives: to cultivate world-class financial scholars and to create a talented group of graduates who will lead the financial world in Japan.