Dr. Craig Mackinlay

Assistant Professor

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Biography

Craig MacKinlay is the Joseph P. Wargrove Professor at the Wharton School of the University of Pennsylvania. His research interests encompass asset pricing models, futures prices behavior, econometric modeling, and stock market behavior. MacKinlay is a member of the Board of Directors of the American Finance Association and serves on the NASD Economic Advisory Board. He has actively engaged in empirical implementation and validation of asset pricing models and measures investment performance, primarily focusing on pricing futures contracts, financial market microstructure, and credit risk assessment using statistical methods in finance. In addition to his research, MacKinlay is a Research Associate at the National Bureau of Economic Research. He co-authored the notable book 'Econometrics of Financial Markets' and has contributed significantly to understanding non-random walks on Wall Street. His academic influence extends to various executive education programs aimed at wealth advisors, focusing on family wealth management, investment strategies, and private wealth management.

Research Interests

Courses

Family Wealth Management Investment Management Portfolio Management Private Wealth Management Wharton Family Office Program

Requirements for University of Pennsylvania

Doctorate Program
Requirements
GPA Requirement
Required:3.6
GRE General
Verbal
Required:162
Quantitative
Required:162
Overall
Required:162
GMAT
Total Score
Required:728
Overall
Required:728
TOEFL
Total
Required:115
Prerequisites
Bachelor's degree or equivalent Strong quantitative background
Application Checklist
  • Academic Transcripts
  • Letters of Recommendation (2-3)
  • Resume/CV
  • Statement of Purpose
  • Essays
Specialization Notes

Wharton Doctoral programs cover fields like Finance, Marketing, Management, and Operations, Information and Decisions.