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While at CAF, the selected candidates receive training in finance and econometrics, develop a solid grounding in theoretical and applied finance, and work on various research projects. The training and skills gained enable the candidates to contribute to high-quality finance research projects, usually in association with faculty. They also prepare them for admission to doctoral (or equivalent) programmes at premier business schools in the world, leading eventually to a career in finance research at a top-tier business school or a research organisation. Also, during this period, they are extensively involved in organising the conference, workshops and speaker sessions, which provides them a holistic learning opportunity. Further, they are involved in research database preparation.
Admission to top-tier PhD programs in Finance is intensely competitive with a large and diverse applicant pool applying for very few seats (1-2% acceptance rate at each top school) The CAF experience allows our researchers to build their research credential, ultimately differentiating them from other applicants.