Bendheim Center for Finance
The Bendheim Center for Finance is an interdisciplinary research center established by Princeton University in 1998.
In 1998, Princeton University established the Bendheim Center for Finance to encourage interdisciplinary research in finance from a quantitative or mathematical perspective. The Center's research activities focus on the study of financial markets and asset prices, financial structure of firms, commercial banks and other financial intermediaries, and linkages between financial economics and such fields as engineering, operations research, mathematics, computer science, psychology and public policy. "Proponents of the program cited similar 'professionally-oriented mathematical and computational finance programs' at University of California, Berkeley, Carnegie Mellon, MIT, Columbia University, the University of Chicago and other peer institutions." Ben Bernanke is credited as the founder of the center.
The Center celebrated its tenth anniversary with a conference and lecture by Bernanke in September 2010.
News of faculty research of the Bendheim Center regularly appear in international media. Markus Brunnermeier, Paul Krugman and Hyun Song Shin among others were recently featured in various publications about the Euro Crisis, and Alan Blinder writes regularly for The New York Times and various other publications. A Wall Street Journal article about bubbles featured three "young stars" — Harrison Hong, for his work on "how differences of opinion and short-sales constraints can help start a bubble, and analysts' role in forming a bubble;" Wei Xiong, for his work on "how investors' disparate beliefs and overconfidence lead to frequent trading in bubble periods;" Markus Brunnermeier, for his research "suggesting rational investors are better off riding a bubble than trying to attack it."
The Bendheim Center for Finance is located in former Dial Lodge on Prospect Avenue, adjacent to the Economics Department's Fisher Hall and close to the Operations Research and Financial Engineering department.
Undergraduate certificate 
History of the undergraduate certificate 
In the fall of 1999, BCF began offering a certificate in finance, awarding the first certificates in June 2000.
Number of certificate students enrolled per year:
|2000: 61||2001: 82||2002: 85||2003: 122||2004: 113||2005: 126||2006: 158||2007: 154||2008: 105||2009: 120||2010: 79||2011: 89||2012: 83|
Masters degree 
The Bendheim Center for Finance offers a Masters in Finance (MFin) degree that can be completed in 1 year (10 courses) or 2 years (16 courses). Only students with prior finance training or work experience are admitted to the 1 year option.
2004: 200 applications, 19 acceptances, 9 enrollees.
2005: 295 applications, 31 acceptances, 19 enrollees.
2006: 418 applications, 47 acceptances, 27 enrollees.
2007: 425 applications, 49 acceptances, 32 enrollees.
2008: 660 applications, 40 acceptances, 30 enrollees (75%).
2009: 591 applications, 24 acceptances, 19 enrollees.
2010: 601 applications, 31 acceptances, 25 enrollees.
2011: 729 applications, 36 acceptances, 29 enrollees.
2012: 815 applications, 43 acceptances, 40 enrollees.
History of the MFin degree 
The Bendheim Center for Finance began offering a Masters in Finance degree in 2001, awarding the first degrees in June 2002.
Number of MFin students enrolled each year:
|2002: 4||2003: X||2004: X||2005: 19||2006: 27||2007: 32||2008: 30||2009: 19||2010: 25||2011: 29|
Notable faculty (current and former) 
- Ben Bernanke — Federal Reserve Chairman; former Chairman of the U.S. President's Council of Economic Advisers
- Alan Blinder — former Federal Reserve Vice Chairman
- Burton Malkiel — former Dean of the Yale School of Management; author of A Random Walk Down Wall Street
- Daniel Kahneman
- Harrison Hong — young star 
- Wei Xiong — young star 
- Markus Brunnermeier — young star 
- Yacine Ait-Sahalia
- Rene Carmona
- Christopher Sims -- 2011 Nobel Prize Winner
- Paul Krugman -- 2007 Nobel Prize Winner
- Hyun Song Shin
- Finance center may offer master's degree - The Daily Princetonian
- Bush picks Bernanke to lead Fed - The Daily Princetonian
- Lahart, Justin (16 May 2008). "Bernanke's Bubble Laboratory". The Wall Street Journal.
- "Bendheim Center for Finance's 2010-2011 Annual Report". p. 62.