Doctoral Program in Decision, Risk and Financial Sciences

  • CRICOS code: 056955G | 092761G

The experience


At MBS, we offer a comprehensive program to support your learning, develop your skills and enrich your degree. We encourage you to be involved both on and off campus, and to make the most of your time outside the classroom.

Top-Tier Research & High-Quality Teaching

Professor Peter Bossaerts
Professor Peter Bossaerts, Decision, Risk and Financial Sciences PhD Director

Professor Peter Bossaerts

"Major advances in the study of human decision-making and problem-solving have resulted from collaboration between researchers and the exchange of ideas from economics, finance, psychology, neuroscience and computer science. This interdisciplinary program trains students in the areas of experimental finance and decision neuroscience by drawing on expertise from across the social, biological and mathematical sciences, and engineering."

Formerly from California Institute of Technology (Caltech), Professor Bossaerts pioneered the use of controlled experimentation with human subjects in the study of asset pricing. He also led the development of neuroeconomics and decision neuroscience. His contributions have been published in top neuroscience, general science, economics and finance journals. He is also Honorary Fellow at the Florey Institute of Neuroscience and Mental Health.

Areas of expertise for supervision include:

  • Algorithmic trading
  • Complex problem solving; meta-cognition
  • Computational neuropsychology
  • Neurobiological foundations of risk-taking
  • Pharmacological effects on decision-making
  • Robo-advisors

Meet our Academics

Student experience

Pablo Franco
Pablo Franco, Columbia
PhD candidate Decision, Risk and Financial Sciences

Pablo Franco

"I chose the University of Melbourne because of its unique, highly interdisciplinary doctoral program in Decision Neuroscience, targeted at students especially interested in experimental research in decision-making, which today, draws on so many different disciplines including economics, psychology and computer science."

Meet our Graduate Research students