Tony Vernón, currently in a lawsuit
regarding his status as a Finance Ph.D. Student at The University
of Chicago Graduate School of Business, is attempting to become
the first African-American to obtain
a finance Ph.D. from one of the top five Finance Ph.D. programs
(UChicago, MIT, Stanford, Harvard, or Wharton).
Definitively, African-American is defined as one who is American and of African and especially of black African descent. However, demographically, African-American is defined as one who is American-born and of African and especially of black African descent.
Recent African-American Ph.D.'s in finance from top (Business Week top 25) Universities include Heather Tookes (Cornell University 2003), Matthew Clayton (Northwestern University 1996), George Comer (New York University 2001), and Sonya Williams-Stanton (University of Michigan 1993). Although these schools are highly ranked for general graduate business study, MBA school rankings and Ph.D. school rankings are very different especially by field of study.