phd finance career prospects

Work & Careers
Life & Arts

Is it worth doing a PhD to secure a job in finance?

To read this article for free, register now.

Once registered, you can: • Read free articles • Get our Editor's Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog

Explore more offers.

Then $75 per month. Complete digital access to quality FT journalism. Cancel anytime during your trial.

FT Digital Edition

Today's FT newspaper for easy reading on any device. This does not include ft.com or FT App access.

Global news & analysis
Expert opinion

Standard Digital

Essential digital access to quality FT journalism on any device. Pay a year upfront and save 20%.

FT App on Android & iOS
FT Edit app
FirstFT: the day's biggest stories
20+ curated newsletters
Follow topics & set alerts with myFT
FT Videos & Podcasts

Terms & Conditions apply

Explore our full range of subscriptions.

Why the ft.

See why over a million readers pay to read the Financial Times.

List of PhD Finance Careers

If getting a Ph.D. in finance or economics interests you, there are many job opportunities that open up aside from the typical careers that attract financial specialists. With a bachelor's or master's degree in finance, jobs like financial analyst, financial advisor or financial manager open up. But jobs after Ph.D. in finance are a little different.

Jobs After Ph.D. in Finance

The fields of finance and economics are closely tied to the study of monetary policy. If you enjoy doing research and testing theories about monetary policy, investing and trade, then you may be attracted to the benefits of a Ph.D. in finance. Jobs that you can get include that of college or university professor, a researcher at a think tank, government economist and foreign monetary policy expert.

These jobs are for people who enjoy doing research as much as they enjoy investment strategy and tracking financial markets. Those who get jobs after Ph.D. in finance often research and write about the effects of monetary policy and market movements. So if you're interested in that Ph.D. in finance, you must enjoy reading about financial policies as much as you like working in finance.

Article continues below this ad

More For You

What is the meaning of specialization in economics, what kind of job can you get with an economics minor, list of financial careers, sports economics jobs, what can i do with a law degree besides be a lawyer.

The Scheller College of Business at Georgia Tech states that a doctoral degree in finance qualifies you for an academic career that can offer intellectual freedom through scholarly research and teaching. Students there study the theoretical and empirical tools of modern finance, with a strong foundation in economics.

Choosing to Teach

One of the benefits of a Ph.D. in finance is you have the choice of teaching or doing research. If you choose teaching, you'll probably be teaching finance and education courses at the college or university level. Georgia Tech states that many of their finance Ph.D. graduates go on to teach at colleges and universities around the world.

Teaching at the college or university level pays an average of $79,540, according to the U.S. Bureau of Labor Statistics (BLS) for 2019. Important qualities for these jobs are critical thinking skills, interpersonal skills, speaking skills, resourcefulness skills and writing skills.

Postsecondary teaching jobs are expected to grow by 11 percent, or much faster than average, by 2028, according to the BLS. College and university teaching jobs in economics are expected to grow by 8 percent by 2028, still faster than average. Teaching jobs in business at a college or university are expected to grow by 15 percent, the BLS reports.

Working in Research

Some college professors may do more research than teaching, according to the BLS. But there are other alternatives if you prefer research career options after a Ph.D. in finance. Many think tanks have a section devoted to economics and finance. These organizations often get their funding from charitable and corporate sources, according to Oxford University Careers Service.

Think tank researchers often write articles for media or internet outlets and appear on TV or radio programs dedicated to current events. They often focus on specific communities or geographic areas. Others with Ph.D.s in finance get government jobs, often at the state or federal level. According to the BLS, 22 percent of economists work for the federal government, while 9 percent work for state governments.

The median annual wage for economists is $105,020, according to the 2019 statistics from the BLS. Those who work for the federal government average $119,580, while state government economists average $73,400. The job outlook is expected to grow by 8 percent through 2028.

Scheller College of Business at Georgia Tech: PhD in Finance
Oxford University Careers Service: Think Tanks
U.S. Bureau of Labor Statistics: Postsecondary Teachers
U.S. Bureau of Labor Statistics: Postsecondary Teachers Job Outlook
U.S. Bureau of Labor Statistics: Economists

Karen Gardner spent many years as a home and garden writer and editor, and she is now a freelance writer. As the owner of an updated older home, she jumps at the chance to write about the fun and not-so-fun parts of home repair and home upkeep. She also enjoys spending time in her garden, each year resolving not to let the weeds overtake them. She keeps reminding herself that gardening is a process, not an outcome.

FellowshipBard

Phd in finance: requirements, salary, jobs, & career growth, what is phd in finance.

A PhD in Finance is a doctoral-level academic degree program in finance that focuses on advanced research and theoretical study. It is intended for people who want to work in academia, research, or advanced positions in the financial industry.

A PhD in Finance usually entails extensive training in finance, economics, statistics, and research methods. It also necessitates the completion of a substantial research project, frequently in the form of a dissertation, in which the student conducts original research and contributes to the body of knowledge in finance.

A PhD in Finance program’s curriculum may include financial theory, investments, corporate finance, financial econometrics, risk management, asset pricing, derivatives, and other specific fields of finance. Quantitative research approaches, such as econometrics, statistical modeling, and data analysis, may also be emphasized in the program.

How much money do people make with a PhD in Finance?

Individuals with a PhD in Finance can earn a wide range of salaries depending on criteria such as their years of experience, location, company, and job duties. PhD holders in Finance typically earn better income than people with less schooling in the industry, as their postgraduate degree denotes knowledge and specialization.

PhD holders in Finance may work in academia as professors or researchers in universities or business schools. According to the US Bureau of Labor Statistics (BLS), the median annual income for postsecondary business teachers (including finance professors) was $83,960 in May 2020.

Salaries, on the other hand, can range from $50,000 to far over $150,000 or more, depending on factors such as rank, experience, and location.

Individuals with a PhD in Finance may work in the private sector as financial analysts, quantitative researchers, risk managers, investment managers, or consultants, among other positions. Salaries in the private sector can vary greatly depending on job title, level of responsibility, and business size and location.

According to Glassdoor data, the average annual pay for a financial analyst with a PhD in Finance in the United States in 2021 was roughly $102,000, while a quantitative researcher with a PhD in Finance may earn $150,000 or more per year.

What is expected job growth with PhD in Finance?

As businesses and organizations rely on financial skills to manage their operations, investments, and risk, the field of finance is projected to evolve and flourish.

Finance experts with extensive education and specialized knowledge, such as those with a PhD in Finance, may be in high demand in academic and research contexts, as well as professions requiring advanced quantitative and analytical skills.

According to the U.S. Bureau of Labor Statistics (BLS), employment of postsecondary teachers, particularly business teachers (such as finance professors), is expected to expand 9 percent from 2020 to 2030, faster than the national average. The need for higher education, as well as the ongoing demand for research and education, are driving this predicted growth.

What can you do with a PhD in Finance?

A PhD in Finance can lead to a variety of professional prospects in a variety of fields. Individuals with a PhD in Finance may pursue the following professional paths:

1. Academia: Many PhDs in Finance go on to become professors or researchers at universities or business schools. They may teach finance classes, conduct research, publish scholarly articles, and contribute to the progress of financial knowledge through their research findings. In addition, they may mentor and advise students, oversee dissertations, and attend academic conferences and seminars.

2. Research: PhD holders in Finance may work in research-related positions in university institutions, government agencies, or private research enterprises. They may perform novel research on financial markets, investments, risk management, corporate finance, or other finance-related topics. Their discoveries can help to build financial theories, models, and regulations, and they may have practical implications in the financial business.

3. Financial Services: PhD holders in Finance may work as financial analysts, quantitative researchers, risk managers, or investment managers in the financial services industry. They may evaluate financial data, design investment plans, manage risks, and provide strategic financial advise to customers or organizations using their sophisticated knowledge of finance and mathematical skills.

4. Consulting: PhD holders in Finance may operate as financial consultants, providing clients with specific experience in areas such as investment management, risk management, financial analysis, or corporate finance. They may operate in consulting firms, financial advisory firms, or specialist consulting practices within bigger corporations, advising clients on strategic financial matters.

5. Policymaking and government: Finance PhD holders may work in government agencies, international organizations, or policy-making institutions, providing knowledge in financial policy, regulations, or economic analysis. They may be involved in the development of financial policies, the assessment of the impact of financial legislation, or the provision of strategic financial advice to government agencies or policymakers.

6. Corporate Finance: PhD holders in Finance may work in corporations, particularly in financial strategy, capital budgeting, risk management, or financial analysis areas. They may offer financial advice in strategic decision-making, financial planning and analysis, investment analysis, or corporate valuation, assisting firms in improving their financial performance.

7. Entrepreneurship and Innovation: PhD holders in Finance may apply their financial skills to entrepreneurial initiatives or professions requiring innovation. They may work at start-ups, venture capital companies, or innovation-focused organizations, where they evaluate business models, assess investment opportunities, manage financial risks, and provide strategic financial advise to assist entrepreneurial activities.

What are the requirements for a PhD in Finance?

The particular criteria for a PhD in Finance can differ depending on the university or educational institution that offers the program, as well as the country or location in which the program is located. However, some common PhD in Finance requirements often include:

1. Educational Qualifications: Most PhD programs in Finance require applicants to have a solid educational background, often a master’s degree in a relevant topic such as finance, economics, business, or a comparable quantitative study. Some schools may accept applicants with a bachelor’s degree, however this is uncommon and sometimes necessitates additional requirements or experience.

2. Graduate Admissions examinations: Applicants to PhD programs in Finance may be required to submit results from standardized graduate admissions examinations such as the Graduate Record Examination (GRE) or the Graduate Management Admission Test (GMAT). (GMAT). These assessments measure applicants’ abilities in areas such as verbal reasoning, quantitative reasoning, and analytical writing.

3. Research Proposal: Because the PhD in Finance program is research-intensive, applicants may be required to submit a research proposal explaining their intended study topic or research interests. Typically, this proposal comprises a summary of the research issue, study aims, methodology, and predicted contributions to the subject of finance.

4. Academic Transcripts: Typically, applicants must produce official transcripts from their previous undergraduate and graduate degrees, demonstrating their academic record and achievements.

5. Letters of Recommendation: Applicants may be expected to present letters of recommendation from academic or professional sources who can speak to their abilities, skills, and prospects for success in a PhD program.

6. Statement of Purpose: Applicants are often required to provide a statement of purpose explaining their rationale for obtaining a PhD in Finance, as well as their professional objectives and research interests. This statement assists the admissions committee in determining the applicant’s fit with the program and their likelihood of success.

7. English Language Proficiency: Many PhD programs in Finance may demand confirmation of English language proficiency for applicants whose native language is not English, such as scores from the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System. (IELTS).

8. Interviews: As part of the admissions process, several PhD programs in Finance may ask applicants to engage in an interview. This interview may take place in person, over the phone, or via video conference, and it will assess the applicant’s research interests, academic abilities, and enthusiasm for pursuing a PhD in Finance.

Looking For Scholarship Programs? Click here

How long does it take to get a phd in finance.

The time it takes to earn a PhD in Finance depends on a number of factors, including the program structure, the student’s progress, and the individual’s dedication to their study. However, it usually takes 4 to 5 years of full-time study to get a PhD in Finance.

The completion of a PhD in Finance can be divided into many stages, which may differ based on the program and the individual’s progress:

1. Coursework: During the first year of a PhD in Finance program, students often do coursework to provide a solid foundation in finance theory, research methods, and other related fields. Coursework time varies, but it normally takes 1 to 2 years to finish.

2. Comprehensive Exams: Some PhD programs in Finance require students to complete comprehensive exams after completing courses to demonstrate their knowledge and expertise in the discipline. Depending on the program’s requirements, comprehensive exam preparation and completion can take several months to a year.

3. Research Proposal: After passing the comprehensive tests, students usually work on writing and defending a research proposal outlining their desired study topic, methodology, and expected contributions to the discipline. The development and defense of the research proposal might take several months to a year or more, depending on the complexity of the research and the student’s progress.

4. Dissertation Research: Following the successful defense of the research proposal, students begin their dissertation research, which is the capstone of their PhD program. The dissertation research stage’s time might vary greatly based on the research topic, methodology, data gathering, and analysis needs. The dissertation research and writing process normally takes two to three years or more.

5. Dissertation Defense: After completing their dissertation, students usually defend their research findings in front of a committee of faculty members. The time it takes to schedule and complete the dissertation defense can vary, although it normally takes several months to a year or more, depending on committee member availability and other practical concerns.

Looking For Fully Funded PhD Programs? Click Here

Do you need a masters in finance to get a phd in finance.

A Master’s degree in Finance or a similar discipline is not always required for entrance to a PhD program in Finance. However, admission requirements may differ based on the program and institution.

Some PhD programs in Finance may require applicants to have a Master’s degree in a relevant discipline, whereas others may allow applicants with only a Bachelor’s degree provided they have additional qualifications or experience.

A Master’s degree in Finance or a closely related discipline can provide a solid foundation in finance theory, research methodologies, and mathematical skills, which can be useful for PhD study in Finance.

It can also reflect a greater degree of academic preparation and may assist applicants in standing out during the difficult admissions process.

Some PhD programs in Finance, however, may provide a combined Master’s and PhD program in which students acquire a Master’s degree while pursuing their PhD. In such instances, admittance may not require a separate Master’s degree.

What are the Best PhD in Finance Degree programs?

1. massachusetts institute of technology (mit) – phd in finance 2. stanford university – phd in finance 3. university of chicago – phd in finance 4. columbia university – phd in finance and economics 5. new york university (nyu) – phd in finance 6. university of pennsylvania (wharton) – phd in finance 7. harvard university – phd in business economics (with a concentration in finance) 8. university of california, berkeley (haas) – phd in finance 9. princeton university – phd in finance 10. northwestern university (kellogg) – phd in finance, leave a comment cancel reply.

Save my name, email, and website in this browser for the next time I comment.

Professors Not Responding? Your CV May Be the Reason.

Try Our Ready-to-Use CV Templates Land You in Harvard, MIT, Oxford, and Beyond!

Majors & Careers
Online Grad School
Preparing For Grad School
Student Life

The 10 Best PhD Programs in Finance

In essence, finance is the study of economics and the claims on resources. The best PhD programs in finance help you develop professionally so you can make difficult decisions around fund allocation, financial planning, and corporate financial management. This qualification will also equip you for a career in teaching or research at top universities.

Which of the 10 best finance PhDs is best for you?

Read on to learn everything you need to know.

Table of Contents

Why Get a Doctorate in Finance?

According to the Bureau of Labor Statistics (BLS), finance managerial professionals have an average salary of $131,710 per year, and jobs are estimated to grow by 17% from 2020 to 2030. This is much more than the average across all occupations. With a PhD in finance, you may work as a finance manager or even become a CEO of a large corporation.

Jobs and Salaries for Doctors of Finance

After earning a PhD in finance, you can find well-paid jobs as a professor or in various corporate finance roles.

Here are some of the most common finance professions with the average annual salaries for each:

Financial Manager ( $96,255 )
Financial Analyst ( $63,295 )
Finance Professor ( $73,776 )
Chief Financial Officer ( $140,694 )
Investment Analyst ( $67,730 )

The University of Pennsylvania, The Wharton School

The University of Pennsylvania’s renowned Wharton School of Business is home to faculty who are well-known in the field of business research. The school boasts a low student-faculty ratio in an atmosphere that allows you to work with faculty members as peers. This doctor of finance program emphasizes subjects like asset pricing, corporate finance, and portfolio management. This helps students become experts in research and teaching in these areas.

Courses include: Topics in asset pricing, financial economics, and international finance.
Credits: 18 courses
Financial aid: Fellowships, grants, student employment, health insurance, stipend, and loans.
Acceptance rate: 9%
Location: Philadelphia, Pennsylvania

The University of Chicago, Booth School of Business

Booth School of Business is a major center for finance education because its faculty includes Eugene F. Fama, Nobel laureate and the father of modern empirical finance. This finance doctoral degree has an option for a joint PhD in collaboration with the university’s economics department.

Courses: Financial economics, financial markets in the macroeconomy, and behavioral finance.
Tuition : Refer tuition page
Financial aid: Grants, stipends, health insurance, scholarships, fellowships, teaching assistantships, research assistantships, and loans.
Acceptance rate: 7%
Location: Chicago, Illinois

The University of Illinois at Urbana-Champaign, Gies College of Business

The University of Illinois at Urbana Champaign is one of the best places for studying and conducting research in finance. Its finance research faculty was ranked #4 in the UTD Top 100 Business School Research Rankings between 2016-2019. In this PhD in finance program, students can take the qualifying examination at the end of the first year and, if successful. They’ll be able to start their research project earlier and complete the degree sooner.

Courses include: Empirical analysis in finance, corporate finance, and statistics & probability.
Duration: 4-5 years
Financial aid: Full tuition waiver, stipends, scholarships, grants, student employment, and loans.
Acceptance rate: 63%
Location: Champaign, Illinois

Massachusetts Institute of Technology, Sloan School of Management

The Sloan School is one of the top research centers in the world, which aims to transform students into experts who can handle real-world problems in a wide range of spheres, from business and healthcare to climate change. This PhD program in finance gives students the flexibility to choose between a wide range of electives and even study some courses at Harvard.

Courses include: Current research in financial economics, statistics/applied econometrics, and corporate finance.
Duration: 6 years
Financial aid: Full tuition, stipend, teaching assistantships, research assistantships, health insurance, fellowships, scholarships, and loans.
Location: Cambridge, Massachusetts

Northwestern University, Kellogg School of Management

The Kellogg School of Management allows students to conduct independent research under the supervision of faculty who’ve made significant contributions to the field and have earned numerous prestigious awards. This doctorate of finance program’s admission process has a dual application option. You can also apply to the Economics PhD simultaneously, so if you are not selected for the finance program, you may be considered for economics.

Courses include: Econometrics, corporate finance, and asset pricing.
Duration: 5.5 years
Financial aid: Tuition scholarship, stipends, health insurance, moving allowance, and subsidies.
Location: Evanston, Illinois

The University of California Berkeley, Haas School of Business

The Haas School of Business in Berkeley is an innovative institution that questions the status quo, takes intelligent risks, and accepts sensible failures in its path to progress. This finance PhD program offers students opportunities to learn about cutting-edge research from faculty from around the world.

Courses include: Corporate finance theory, stochastic calculus, and applications of psychology & economics.
Tuition : Refer cost page
Financial aid: Fellowships, grants, tuition allowance, stipends, teaching assistantships, and research assistantships.
Acceptance rate: 17%
Location: Berkeley, California

The University of Texas at San Antonio, Alvarez College of Business

The Alvarez College of Business is one of the forty largest business schools in the USA. It follows a comprehensive and practical approach to education that allows students to apply the knowledge they gain directly in the workplace. This PhD in finance encourages students to do collaborative research with the faculty, which helps them publish their own academic papers before they even complete the program.

Courses include: Corporate finance, international financial markets, and microeconomic theory.
Credits: 84 (post-bachelors)
Financial aid: Scholarships, grants, work-study, teaching assistantships, research assistantships, research fellowships, and loans.
Acceptance rate: 84%
Location: San Antonio, Texas

Liberty University, School of Business

Doctor of Business Administration (DBA) in Finance

Liberty University is a non-profit institution among the top five online schools in the USA and has been offering fixed tuition fees for the past seven years. This is one of the best PhD in Finance programs you can do completely online. It aims to prepare students to address issues in business finance through research, best practices, and relevant literature.

Courses: Managerial Finance, Investments & Derivatives, Business Valuation, etc.
Credits: 60
Duration: 3 years average
Tuition : $595 per credit
Financial aid: Grants, scholarships, work-study, veteran benefits, and loans.
Delivery: Online
Acceptance rate: 50%
Location: Lynchburg, Virginia

Northcentral University

PhD in Business Administration (PhD-BA) – Finance Management

Northcentral University was founded with the objective of offering flexible, fully-online programs to working professionals around the world. This doctorate degree in finance online is flexible and allows you to design your own schedule. You will also get one-on-one personal mentoring from qualified faculty.

Courses include: Business financial systems, business statistics, and business leadership & strategy.
Duration: 84 months average
Tuition: $1,105 per credit
Financial aid: Grants, scholarships, and military scholarships.
Acceptance rate: NA
Location: Scottsdale, Arizona

Things To Consider When Choosing a Finance PhD Program

The right PhD program for you is a very personal decision and will depend on several individual factors.

However, these general questions will help you to make the right choice:

Is the university properly accredited?
Does the university conduct innovative and cutting-edge research?
Are there renowned faculty members who you’ll want to work with?
Do they offer subjects or specializations that match your career goals?
What is the school’s placement history?
What are the tuition fees, costs, and options for scholarships and financial aid?
Does the program offer online study options?

It’s also important to consider if you want to pursue a career in academia or work in organizations as a senior finance professional. A PhD degree will generally set you up for a career in research or academia, while a DBA is more suited to a career in business or government.

Preparing for a Finance Doctorate Program

It’s important to start preparing early if you want to be selected for one of the best finance PhD programs.

These handy tips can help you put your best foot forward:

Research the requirements of the best universities offering PhD in finance degrees, including pre-requisite subjects and qualifying grades. Keep these in mind when completing your bachelor’s or master’s degree.
Understand your strengths and weaknesses in relation to the program’s requirements. Work on your weaknesses and continue to hone relevant skills.
Read extensively in the field and keep up-to-date on regional and global developments.
Join communities of finance professionals to build your network and be exposed to the latest knowledge in the discipline.

Skills You Gain from Earning a PhD in Finance

The most important skills you learn as a doctor of finance include:

Communication skills, including writing and presentation skills
Data analytical skills
Economics and accounting skills
Critical thinking skills
Mathematical skills
Analytical software skills
Management and leadership skills
Problem-solving skills

PhD Programs in Finance FAQs

How long does a phd in finance take.

PhD programs in finance usually take between three and eight years to complete.

Is It Worth Getting a PhD in Finance?

A PhD in Finance is a qualification that’s in high demand today. It is a terminal degree and can help you get top-level jobs with lucrative salaries in corporate or large organizations.

How Much Can You Make With a PhD in Finance?

With a finance doctorate, you can expect to earn a salary anywhere from around $45,000 to $150,000, depending on your experience, role, and the organization you work for. According to the BLS, the average salary for finance PhD holders is $131,710 .

What Do You Need To Get a PhD in Finance?

The admissions requirements vary depending on the program, but you’ll typically need a bachelor’s or master’s degree in finance. The programs can take three to eight years of coursework and research.

To apply, you’ll usually need to submit:

Application
Academic resume
Academic transcripts
Recommendation letters
GRE or GMAT score
Personal essay

Final Thoughts

With a doctorate in finance, you can build a rewarding career in academia, research, or the business sector. Like any doctorate, these programs ask for dedication and hard work. By planning early, you’ll set yourself up to pursue one of the best PhD programs in finance.

For more on how to build your career in the field, take a look at our guides to the best master’s degree in finance , the highest paying PhDs , and fully-funded PhD programs .

Lisa Marlin

Lisa is a full-time writer specializing in career advice, further education, and personal development. She works from all over the world, and when not writing you'll find her hiking, practicing yoga, or enjoying a glass of Malbec.

Lisa Marlin https://blog.thegradcafe.com/author/lisa-marlin/ 30+ Best Dorm Room Essentials for Guys in 2024
Lisa Marlin https://blog.thegradcafe.com/author/lisa-marlin/ 12 Best Laptops for Computer Science Students
Lisa Marlin https://blog.thegradcafe.com/author/lisa-marlin/ ACBSP Vs AACSB: Which Business Program Accreditations is Better?
Lisa Marlin https://blog.thegradcafe.com/author/lisa-marlin/ BA vs BS: What You Need to Know [2024 Guide]

The 7 Best Student Planner Apps

Most common industries to land a job out of college, related posts.

Here's how to find a job as a recent college graduate.

How New Grads Research Companies to Find Jobs

Experience Paradox: Entry-Level Jobs Demand Years in Field

Grad school application rates have more than doubled for artificial intelligence programs.

Grad Trends: Interest in Artificial Intelligence Surges

Here's how to earn consideration from the big tech players as a new grad.

Applying to Big Tech This Year? Here’s How to Ace It.

Fewer employers list education requirements in job postings.

73% of job seekers believe a degree is needed for a well-paying role–but is it?

There are more jobs than talent in these cities.

Tech Talent Crunch: Cities with More Jobs Than Workers

Manage Cookie Preferences

NECESSARY COOKIES These cookies are essential to enable the services to provide the requested feature, such as remembering you have logged in.	ALWAYS ACTIVE
	Accept \| Reject
PERFORMANCE AND ANALYTIC COOKIES These cookies are used to collect information on how users interact with Chicago Booth websites allowing us to improve the user experience and optimize our site where needed based on these interactions. All information these cookies collect is aggregated and therefore anonymous.
FUNCTIONAL COOKIES These cookies enable the website to provide enhanced functionality and personalization. They may be set by third-party providers whose services we have added to our pages or by us.
TARGETING OR ADVERTISING COOKIES These cookies collect information about your browsing habits to make advertising relevant to you and your interests. The cookies will remember the website you have visited, and this information is shared with other parties such as advertising technology service providers and advertisers.
SOCIAL MEDIA COOKIES These cookies are used when you share information using a social media sharing button or “like” button on our websites, or you link your account or engage with our content on or through a social media site. The social network will record that you have done this. This information may be linked to targeting/advertising activities.

Confirm My Selections

MBA Programs
Specialized Masters Programs
Other Offerings
Request Information
Start Your Application
Dissertation Areas and Joint PhD Programs
PhD Career Outcomes
PhD Proposals and Defenses
PhD Job Market Candidates
PhD Research Community
100 Years of Pioneering Research
Rising Scholars Conference
Yiran Fan Memorial Conference
Frequently Asked Questions
PhD in Accounting
PhD in Behavioral Science
PhD in Econometrics and Statistics
PhD in Economics

PhD in Finance

PhD in Management Science and Operations Management
PhD in Marketing
Joint Program in Financial Economics
Joint Program in Psychology and Business
Joint PhD/JD Program

Chicago Booth has long been recognized for its PhD in finance. Our finance faculty—which includes Nobel laureates Douglas W. Diamond, Eugene F. Fama, and Lars P. Hansen—sets the course for research in all areas of the field.

As a finance PhD student at Chicago Booth, you’ll join a community that encourages you to think independently.

Taking courses at Booth and in the university’s Kenneth C. Griffin Department of Economics, you will gain a solid foundation in all aspects of economics and finance--from the factors that determine asset prices to how firms and individuals make financial decisions. Following your coursework, you will develop your research in close collaboration with faculty and your fellow students. Reading groups and workshops with faculty, student-led brown-bag seminars, and conferences provide many opportunities to learn from others.

The Finance PhD Program also offers the Joint Program in Financial Economics , which is run by Chicago Booth and the Department of Economics in the Division of the Social Sciences at the University of Chicago.

Our Distinguished Finance Faculty

Chicago Booth finance faculty are leading researchers who also build strong relationships with doctoral students, collaborate on new ideas, and connect students with powerful career opportunities.

Francesca Bastianello

Assistant Professor of Finance and Liew Family Junior Faculty Fellow, Fama Faculty Fellow

Emanuele Colonnelli

Professor of Finance and Entrepreneurship

George M. Constantinides

Leo Melamed Professor of Finance

Douglas W. Diamond

Merton H. Miller Distinguished Service Professor of Finance

Eugene F. Fama

Robert R. McCormick Distinguished Service Professor of Finance

Niels Gormsen

Neubauer Family Associate Professor of Finance and Fama Faculty Fellow

Lars Hansen

David Rockefeller Distinguished Service Professor The University of Chicago Departments of Economics, Statistics and the Booth School of Business

John C. Heaton

Joseph L. Gidwitz Professor of Finance

Steven Neil Kaplan

Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance and Kessenich E.P. Faculty Director at the Polsky Center for Entrepreneurship and Innovation

Anil Kashyap

Stevens Distinguished Service Professor of Economics and Finance

Ralph S.J. Koijen

AQR Capital Management Distinguished Service Professor of Finance and Fama Faculty Fellow

Professor of Finance and Fama Faculty Fellow

Stefan Nagel

Fama Family Distinguished Service Professor of Finance

Scott Nelson

Assistant Professor of Finance and Cohen and Keenoy Faculty Scholar

Pascal Noel

Neubauer Family Professor of Finance and Kathryn and Grant Swick Faculty Scholar

Lubos Pastor

Charles P. McQuaid Distinguished Service Professor of Finance and Robert King Steel Faculty Fellow

Raghuram G. Rajan

Katherine Dusak Miller Distinguished Service Professor of Finance

Bruce Lindsay Distinguished Service Professor of Economics and Public Policy

Quentin Vandeweyer

Assistant Professor of Finance and Fama Faculty Fellow

Pietro Veronesi

Deputy Dean for Faculty and Chicago Board of Trade Professor of Finance

Robert W. Vishny

Myron S. Scholes Distinguished Service Professor of Finance and Neubauer Faculty Director of the Davis Center

Michael Weber

Associate Professor of Finance

Anthony Lee Zhang

Luigi Zingales

Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance

Professor of Economics and Finance

Alumni Success

Graduates of the Stevens Doctoral Program go on to successful careers in prominent institutions of higher learning, leading financial institutions, government, and beyond.

Shohini Kundu, MBA '20, PhD '21

Assistant Professor of Finance UCLA Anderson School of Management, University of California, Los Angeles Shohini Kundu's research lies in financial intermediation and macroeconomics, security design and externalities of financial contracts, and emerging market finance. Her dissertation area is in finance.

Jane (Jian) Li, PhD '21

Assistant Professor of Business, Finance Division Columbia Business School, Columbia University Jane's research lies at the intersection of macroeconomics and finance. She is particularly interested in how financial intermediaries affect the real economy and how different types of financial institutions can contribute to financial instability. Her dissertation area is in financial economics.

Spotlight on Research

The pages of Chicago Booth Review regularly highlight the research findings of finance faculty and PhD students.

A Brief History of Finance and My Life at Chicago

Chicago Booth’s Eugene F. Fama describes the serendipitous events that led him to Chicago, and into his monumental career in academic finance.

Climate-Policy Pronouncements Boost 'Brown' Stocks

It was a dramatic example of how White House communications on climate policy can affect asset prices, according to Washington University in St. Louis’s William Cassidy, a recent graduate of Booth’s PhD Program.

With Business Loans Harder to Get, Private Debt Funds Are Stepping In

It’s become harder for many prospective borrowers to access capital. But private debt funds have stepped in to fill the gap, according to Joern Block (Trier University), Booth PhD candidate Young Soo Jang, Booth’s Steve Kaplan, and Trier’s Anna Schulze.

Too Many 'Shadow Banks' Can Limit Overall Access to Credit

While go-betweens can benefit the broader economy by smoothing the flow of credit, there are now probably too many links in the credit chain, argue Zhiguo He and Jian Li (Booth PhD graduate).

A Network of Support

Chicago Booth is home to several interdisciplinary research centers that offer funding for student work, host workshops and conferences, and foster a strong research community.

Fama-Miller Center for Research in Finance Tasked with pushing the boundaries of research in finance, the Fama-Miller Center provides institutional structure and support for researchers in the field.

Becker Friedman Institute for Economics Bringing together researchers from the entire Chicago economics community, the Becker Friedman Institute fosters novel insights on the world’s most difficult economic problems.

Center for Research in Security Prices CRSP maintains one of the world’s largest and most comprehensive stock market databases. Since 1963, it has been a valued resource for businesses, government, and scholars.

Kent A. Clark Center for Global Markets Enhancing the understanding of business and financial market globalization, the Clark Center positions Chicago Booth as a thought leader in the understanding of ever-changing markets and improves financial and economic decision-making around the world.

George J. Stigler Center for the Study of the Economy and the State Dedicated to examining issues at the intersection of politics and the economy, the Stigler Center supports research by PhD students and others who are interested in the political, economic, and cultural obstacles to better working markets.

Rustandy Center for Social Sector Innovation Committed to making the world more equitable and sustainable, the Rustandy Center works to solve complex social and environmental problems. The center’s student support includes fellowships, research funding, and networking opportunities.

The PhD Experience at Booth

For Itzhak Ben-David, PhD ’08, the PhD Program in Finance was an exploratory journey.

Video Transcript

Itzhak Ben-David, ’08: 00:03 For me, the PhD Program was an exploratory journey. It was about discovering what was interesting for me, what will be interesting for other economists. It was about discovering something new about the world. Much of the PhD Program experience is to explore and to wonder a bit and to just think and expose yourself to new ideas and new disciplines. Back then, this was 2006, I found a billboard that said, "If you buy this house, we're going to give you a free car or $20,000 in cash." And this seemed really odd to me. What I realized that was going on, that this was part of a borrower fraud and the idea was that seller and the buyer will agree on a higher price on a house and the lender would be under the impression that the collateral worth more than it really is.

Itzhak Ben-David, ’08: 00:58 So I started to investigate other parts of the real estate food chain. What I saw is that in many parts of this chain, there were incentives in place pushing the intermediaries or the different economic agents to inflate prices. It's not always a bubble, but oftentimes it points out behavior that is not consistent with our textbook behavior. I had the dream team of advisors, Toby Moskowitz, Dick Taylor, Steve Levitt, and Erik Hurst. Each one of them contributed in different way to my dissertation and brought different ideas, brought different aspects. There is no better place of doing research than in Booth. It's really a hub of academic activity. There is no important work that doesn't pass at Chicago before being published. It's really an intellectual home. When you meet people and you know that they are from Booth, you can see the difference in their thinking.

Current Finance Students

PhD students in finance study a wide range of topics, including the behavior and determinants of security prices, the financing and investment decisions of firms, corporate governance, and the management and regulation of financial institutions. They go on to careers at prestigious institutions, from Yale University to the International Monetary Fund.

Current Students

Rahul Chauhan Ching-Tse Chen Aditya Dhar Mihir Gandhi Huan (Bianca) He Jessica Li Edoardo Marchesi Rayhan Momin Lauren Mostrom Meichen Qian Francisco Ruela Sixun Tang Hui (Judy) Yue

Booth also offers joint degrees. Learn more about the current students in our Joint Program in Financial Economics .

Program Expectations and Requirements

The Stevens Doctoral Program at Chicago Booth is a full-time program. Students generally complete the majority of coursework and examination requirements within the first two years of studies and begin work on their dissertation during the third year. For details, see General Examination Requirements by Area in the Stevens Program Guidebook below.

Download the 2023-2024 Guidebook!

Skip to primary navigation
Skip to main content
Skip to primary sidebar
Skip to secondary sidebar
Skip to footer

career-advice.jobs.ac.uk

PhD to a Career in Finance

This article highlights reasons why PhD graduates are in demand by recruiters in the financial sector, including insights from the Bank of America Merrill Lynch. The tips and insights will help PhD researchers to think about steps they can take during their PhD to effectively prepare for a career change out of academia to the world of finance.

What are the competencies employers are looking for?

Financial organisations from global banks to investment banking specialists to private trading companies will welcome applications from PhD graduates who can demonstrate relevant expertise and experience for roles requiring quantitative and research skills. Some of the larger organisations even have dedicated positions and internship schemes specifically for PhDs. In other cases PhDs will be applying alongside first degree candidates or experienced hire applicants, with the organisation not necessarily specifying that a PhD is required.

Employers will value PhD candidates with specialist quantitative and statistical training, and strong economic and numerical skills, typically recruiting researchers from mathematics, science or engineering fields, or economics or finance.

As well as the technical expertise, think more broadly about how your PhD can demonstrate your ability to:

Solve complex problems and find creative solutions
Analyse and synthesise large amounts of information and data
Work under pressure and to deadlines
Cope with unexpected results and find new ways to move ahead
Communicate complex information to a range of audiences
Work independently with minimal supervision and ability to make decisions

What steps can you take to get ahead in the job market?

Articulate and evidence your key competences and experience in a well-written, concise CV or in an online application. Make sure that you tailor your application to the specific job role.

To stand out at the written application and interview stage ensure that you can demonstrate:

An understanding and interest in financial markets and broader commercial awareness
Examples of relevant work experience you have undertaken outside of academia, ideally in the financial sector
Clarity about your career plans and a motivation to work in the organisation you are applying to
Evidence of soft skills, such as managing others, working in teams and showing leadership

Insights from by Lauren Saunders, Staffing Manager at Bank of America Merrill Lynch

Bank of America Merrill Lynch’s PhD programme enables doctoral students with high-level technical skills to put their intellect and ambition to work in a fast-paced, exciting environment that will challenge and reward a rigorous approach. Interns will be assigned across our Quantitative analytics and Algorithmic trading desks and the day to day responsibilities will vary accordingly.

Typically, as an intern you will:

Grasp all opportunities to use high–level mathematical skills in a fast–paced, demanding business environment
Apply research and quantitative analysis to real–world problems in several business areas
Manage an intense level of interaction with colleagues and peers across all global markets functions

To support candidates in their transition to our workplace we offer a bespoke development programme, unique to our quantitative hires, which runs throughout your internship including: Strategic overview of the company, focusing on the debt and equity businesses, sessions covering topics including how to add value in your role and communicating with impact. There are also several opportunities to interact and network with peers.

Candidates will need an advanced degree/PhD in a mathematical or financial discipline, along with a strong quantitative background and impressive problem–solving, analytical and communication skills. The ability to think creatively will be essential, as will familiarity with programming. Applications are only accepted via our website at www.baml.com/campusEMEA .

What did you think of our article? - please rate

Share this article

Reader Interactions

You may also like:, leave a reply cancel reply.

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Please enter an answer in digits: 2 × three =

This site uses Akismet to reduce spam. Learn how your comment data is processed .

About Stanford GSB

The Leadership
Dean’s Updates
School News & History
Commencement
Business, Government & Society
Centers & Institutes
Center for Entrepreneurial Studies
Center for Social Innovation
Stanford Seed

About the Experience

Learning at Stanford GSB
Experiential Learning
Guest Speakers
Entrepreneurship
Social Innovation
Communication
Life at Stanford GSB
Collaborative Environment
Activities & Organizations
Student Services
Housing Options
International Students

Full-Time Degree Programs

Why Stanford MBA
Academic Experience
Financial Aid
Why Stanford MSx
Research Fellows Program
See All Programs

Non-Degree & Certificate Programs

Executive Education
Stanford Executive Program
Programs for Organizations
The Difference
Online Programs
Stanford LEAD
Seed Transformation Program
Aspire Program
Seed Spark Program
Faculty Profiles
Academic Areas
Awards & Honors
Conferences

Faculty Research

Publications
Working Papers
Case Studies

Research Hub

Research Labs & Initiatives
Business Library
Data, Analytics & Research Computing
Behavioral Lab

Research Labs

Cities, Housing & Society Lab
Golub Capital Social Impact Lab

Research Initiatives

Corporate Governance Research Initiative
Corporations and Society Initiative
Policy and Innovation Initiative
Rapid Decarbonization Initiative
Stanford Latino Entrepreneurship Initiative
Value Chain Innovation Initiative
Venture Capital Initiative
Career & Success
Climate & Sustainability
Corporate Governance
Culture & Society
Finance & Investing
Government & Politics
Leadership & Management
Markets and Trade
Operations & Logistics
Opportunity & Access
Technology & AI
Opinion & Analysis
Email Newsletter

Welcome, Alumni

Communities
Digital Communities & Tools
Regional Chapters
Women’s Programs
Identity Chapters
Find Your Reunion
Career Resources
Job Search Resources
Career & Life Transitions
Programs & Webinars
Career Video Library
Alumni Education
Research Resources
Volunteering
Alumni News
Class Notes
Alumni Voices
Contact Alumni Relations
Upcoming Events

Admission Events & Information Sessions

MBA Program
MSx Program
PhD Program
Alumni Events
All Other Events
Requirements
Requirements: Behavioral
Requirements: Quantitative
Requirements: Macro
Requirements: Micro
Annual Evaluations
Field Examination
Research Activities
Research Papers
Dissertation
Oral Examination
Current Students
Entering Class Profile
Education & CV
GMAT & GRE
International Applicants
Statement of Purpose
Letters of Recommendation
Reapplicants
Application Fee Waiver
Deadline & Decisions
Job Market Candidates
Academic Placements
Stay in Touch
Fields of Study
Student Life

The field of finance covers the economics of claims on resources. Financial economists study the valuation of these claims, the markets in which they are traded, and their use by individuals, corporations, and the society at large.

At Stanford GSB, finance faculty and doctoral students study a wide spectrum of financial topics, including the pricing and valuation of assets, the behavior of financial markets, and the structure and financial decision-making of firms and financial intermediaries.

Investigation of issues arising in these areas is pursued both through the development of theoretical models and through the empirical testing of those models. The PhD Program is designed to give students a good understanding of the methods used in theoretical modeling and empirical testing.

Preparation and Qualifications

All students are required to have, or to obtain during their first year, mathematical skills at the level of one year of calculus and one course each in linear algebra and matrix theory, theory of probability, and statistical inference.

Students are expected to have familiarity with programming and data analysis using tools and software such as MATLAB, Stata, R, Python, or Julia, or to correct any deficiencies before enrolling at Stanford.

The PhD program in finance involves a great deal of very hard work, and there is keen competition for admission. For both these reasons, the faculty is selective in offering admission. Prospective applicants must have an aptitude for quantitative work and be at ease in handling formal models. A strong background in economics and college-level mathematics is desirable.

It is particularly important to realize that a PhD in finance is not a higher-level MBA, but an advanced, academically oriented degree in financial economics, with a reflective and analytical, rather than operational, viewpoint.

Faculty in Finance

Anat r. admati, juliane begenau, jonathan b. berk, michael blank, greg buchak, antonio coppola, darrell duffie, steven grenadier, benjamin hébert, arvind krishnamurthy, hanno lustig, matteo maggiori, paul pfleiderer, joshua d. rauh, claudia robles-garcia, ilya a. strebulaev, vikrant vig, jeffrey zwiebel, emeriti faculty, robert l. joss, george g.c. parker, myron s. scholes, william f. sharpe, kenneth j. singleton, james c. van horne, recent publications in finance, monetary tightening and u.s. bank fragility in 2023: mark-to-market losses and uninsured depositor runs, trading stocks builds financial confidence and compresses the gender gap, expectations and the neutrality of interest rates, recent insights by stanford business, a “grumpy economist” weighs in on inflation’s causes — and its cures, the surprising economic upside to money in u.s. politics, your summer 2024 podcast playlist.

See the Current DEI Report
Supporting Data
Research & Insights
Share Your Thoughts
Search Fund Primer
Teaching & Curriculum
Affiliated Faculty
Faculty Advisors
Louis W. Foster Resource Center
Defining Social Innovation
Impact Compass
Global Health Innovation Insights
Faculty Affiliates
Student Awards & Certificates
Changemakers
Dean Jonathan Levin
Dean Garth Saloner
Dean Robert Joss
Dean Michael Spence
Dean Robert Jaedicke
Dean Rene McPherson
Dean Arjay Miller
Dean Ernest Arbuckle
Dean Jacob Hugh Jackson
Dean Willard Hotchkiss
Faculty in Memoriam
Stanford GSB Firsts
Annual Alumni Dinner
Class of 2024 Candidates
Certificate & Award Recipients
Dean’s Remarks
Keynote Address
Teaching Approach
Analysis and Measurement of Impact
The Corporate Entrepreneur: Startup in a Grown-Up Enterprise
Data-Driven Impact
Designing Experiments for Impact
Digital Marketing
The Founder’s Right Hand
Marketing for Measurable Change
Product Management
Public Policy Lab: Financial Challenges Facing US Cities
Public Policy Lab: Homelessness in California
Lab Features
Curricular Integration
View From The Top
Formation of New Ventures
Managing Growing Enterprises
Startup Garage
Explore Beyond the Classroom
Stanford Venture Studio
Summer Program
Workshops & Events
The Five Lenses of Entrepreneurship
Leadership Labs
Executive Challenge
Arbuckle Leadership Fellows Program
Selection Process
Training Schedule
Time Commitment
Learning Expectations
Post-Training Opportunities
Who Should Apply
Introductory T-Groups
Leadership for Society Program
Certificate
2024 Awardees
2023 Awardees
2022 Awardees
2021 Awardees
2020 Awardees
2019 Awardees
2018 Awardees
Social Management Immersion Fund
Stanford Impact Founder Fellowships
Stanford Impact Leader Prizes
Social Entrepreneurship
Stanford GSB Impact Fund
Economic Development
Energy & Environment
Stanford GSB Residences
Environmental Leadership
Stanford GSB Artwork
A Closer Look
California & the Bay Area
Voices of Stanford GSB
Business & Beneficial Technology
Business & Sustainability
Business & Free Markets
Business, Government, and Society Forum
Get Involved
Second Year
Global Experiences
JD/MBA Joint Degree
MA Education/MBA Joint Degree
MD/MBA Dual Degree
MPP/MBA Joint Degree
MS Computer Science/MBA Joint Degree
MS Electrical Engineering/MBA Joint Degree
MS Environment and Resources (E-IPER)/MBA Joint Degree
Academic Calendar
Clubs & Activities
LGBTQ+ Students
Military Veterans
Minorities & People of Color
Partners & Families
Students with Disabilities
Student Support
Residential Life
Student Voices
MBA Alumni Voices
A Week in the Life
Career Support
Employment Outcomes
Cost of Attendance
Knight-Hennessy Scholars Program
Yellow Ribbon Program
BOLD Fellows Fund
Application Process
Loan Forgiveness
Contact the Financial Aid Office
Evaluation Criteria
English Language Proficiency
Personal Information, Activities & Awards
Professional Experience
Optional Short Answer Questions
Application Fee
Reapplication
Deferred Enrollment
Joint & Dual Degrees
Event Schedule
Ambassadors
New & Noteworthy
Ask a Question
See Why Stanford MSx
Is MSx Right for You?
MSx Stories
Leadership Development
How You Will Learn
Admission Events
Personal Information
GMAT, GRE & EA
English Proficiency Tests
Career Change
Career Advancement
Career Support and Resources
Daycare, Schools & Camps
U.S. Citizens and Permanent Residents
Faculty Mentors
Current Fellows
Standard Track
Fellowship & Benefits
Group Enrollment
Program Formats
Developing a Program
Diversity & Inclusion
Strategic Transformation
Program Experience
Contact Client Services
Campus Experience
Live Online Experience
Silicon Valley & Bay Area
Digital Credentials
Faculty Spotlights
Participant Spotlights
Eligibility
International Participants
Stanford Ignite
Frequently Asked Questions
Operations, Information & Technology
Organizational Behavior
Political Economy
Classical Liberalism
The Eddie Lunch
Accounting Summer Camp
California Econometrics Conference
California Quantitative Marketing PhD Conference
California School Conference
China India Insights Conference
Homo economicus, Evolving
Political Economics (2023–24)
Scaling Geologic Storage of CO2 (2023–24)
A Resilient Pacific: Building Connections, Envisioning Solutions
Adaptation and Innovation
Changing Climate
Civil Society
Climate Impact Summit
Climate Science
Corporate Carbon Disclosures
Earth’s Seafloor
Environmental Justice
Operations and Information Technology
Organizations
Sustainability Reporting and Control
Taking the Pulse of the Planet
Urban Infrastructure
Watershed Restoration
Junior Faculty Workshop on Financial Regulation and Banking
Ken Singleton Celebration
Marketing Camp
Quantitative Marketing PhD Alumni Conference
Presentations
Theory and Inference in Accounting Research
Stanford Closer Look Series
Quick Guides
Core Concepts
Journal Articles
Glossary of Terms
Faculty & Staff
Subscribe to Corporate Governance Emails
Researchers & Students
Research Approach
Charitable Giving
Financial Health
Government Services
Workers & Careers
Short Course
Adaptive & Iterative Experimentation
Incentive Design
Social Sciences & Behavioral Nudges
Bandit Experiment Application
Conferences & Events
Reading Materials
Energy Entrepreneurship
Faculty & Affiliates
SOLE Report
Responsible Supply Chains
Current Study Usage
Pre-Registration Information
Participate in a Study
Founding Donors
Program Contacts
Location Information
Participant Profile
Network Membership
Program Impact
Collaborators
Entrepreneur Profiles
Company Spotlights
Seed Transformation Network
Responsibilities
Current Coaches
How to Apply
Meet the Consultants
Meet the Interns
Intern Profiles
Collaborate
Research Library
News & Insights
Databases & Datasets
Research Guides
Consultations
Research Workshops
Career Research
Research Data Services
Course Reserves
Course Research Guides
Material Loan Periods
Fines & Other Charges
Document Delivery
Interlibrary Loan
Equipment Checkout
Print & Scan
MBA & MSx Students
PhD Students
Other Stanford Students
Faculty Assistants
Research Assistants
Stanford GSB Alumni
Telling Our Story
Staff Directory
Site Registration
Alumni Directory
Alumni Email
Privacy Settings & My Profile
Event Registration Help
Success Stories
The Story of Circles
Support Women’s Circles
Stanford Women on Boards Initiative
Alumnae Spotlights
Insights & Research
Industry & Professional
Entrepreneurial Commitment Group
Recent Alumni
Half-Century Club
Fall Reunions
Spring Reunions
MBA 25th Reunion
Half-Century Club Reunion
Faculty Lectures
Ernest C. Arbuckle Award
Alison Elliott Exceptional Achievement Award
ENCORE Award
Excellence in Leadership Award
John W. Gardner Volunteer Leadership Award
Robert K. Jaedicke Faculty Award
Jack McDonald Military Service Appreciation Award
Jerry I. Porras Latino Leadership Award
Tapestry Award
Student & Alumni Events
Executive Recruiters
Interviewing
Land the Perfect Job with LinkedIn
Negotiating
Elevator Pitch
Email Best Practices
Resumes & Cover Letters
Self-Assessment
Whitney Birdwell Ball
Margaret Brooks
Bryn Panee Burkhart
Margaret Chan
Ricki Frankel
Peter Gandolfo
Cindy W. Greig
Natalie Guillen
Carly Janson
Sloan Klein
Sherri Appel Lassila
Stuart Meyer
Tanisha Parrish
Virginia Roberson
Philippe Taieb
Michael Takagawa
Terra Winston
Johanna Wise
Debbie Wolter
Rebecca Zucker
Complimentary Coaching
Changing Careers
Work-Life Integration
Career Breaks
Flexible Work
Encore Careers
Join a Board
D&B Hoovers
Data Axle (ReferenceUSA)
EBSCO Business Source
Global Newsstream
Market Share Reporter
ProQuest One Business
RKMA Market Research Handbook Series
Student Clubs
Entrepreneurial Students
Stanford GSB Trust
Alumni Community
How to Volunteer
Springboard Sessions
Consulting Projects
2020 – 2029
2010 – 2019
2000 – 2009
1990 – 1999
1980 – 1989
1970 – 1979
1960 – 1969
1950 – 1959
1940 – 1949
Service Areas
ACT History
ACT Awards Celebration
ACT Governance Structure
Building Leadership for ACT
Individual Leadership Positions
Leadership Role Overview
Purpose of the ACT Management Board
Contact ACT
Business & Nonprofit Communities
Reunion Volunteers
Ways to Give
Fiscal Year Report
Business School Fund Leadership Council
Planned Giving Options
Planned Giving Benefits
Planned Gifts and Reunions
Legacy Partners
Giving News & Stories
Giving Deadlines
Development Staff
Submit Class Notes
Class Secretaries
Board of Directors
Health Care
Sustainability
Class Takeaways
All Else Equal: Making Better Decisions
If/Then: Business, Leadership, Society
Grit & Growth
Think Fast, Talk Smart
Spring 2022
Spring 2021
Autumn 2020
Summer 2020
Winter 2020
In the Media
For Journalists
DCI Fellows
Other Auditors
Academic Calendar & Deadlines
Course Materials
Entrepreneurial Resources
Campus Drive Grove
Campus Drive Lawn
CEMEX Auditorium
King Community Court
Seawell Family Boardroom
Stanford GSB Bowl
Stanford Investors Common
Town Square
Vidalakis Courtyard
Vidalakis Dining Hall
Catering Services
Policies & Guidelines
Reservations
Contact Faculty Recruiting
Lecturer Positions
Postdoctoral Positions
Accommodations
CMC-Managed Interviews
Recruiter-Managed Interviews
Virtual Interviews
Campus & Virtual
Search for Candidates
Think Globally
Recruiting Calendar
Recruiting Policies
Full-Time Employment
Summer Employment
Entrepreneurial Summer Program
Global Management Immersion Experience
Social-Purpose Summer Internships
Process Overview
Project Types
Client Eligibility Criteria
Client Screening
ACT Leadership
Social Innovation & Nonprofit Management Resources
Develop Your Organization’s Talent
Centers & Initiatives
Student Fellowships

Receive job alerts that match your preferences.

4 PhD jobs in Finance

Find PhD jobs in Finance here. To have new jobs sent to you the day they're posted, sign up for job alerts.

PhD positions in Business and Economics (33)

Other subfields

PhD positions in Management (10)
PhD positions in Econometrics (7)
PhD positions in Business Economics (7)
PhD positions in Marketing (5)
PhD positions in Business Administration (5)
PhD positions in Financial Economics (5)
PhD positions in Environmental Economics (4)
PhD positions in Resource Economics (4)
PhD positions in Strategic Management (4)
PhD positions in Industrial Economics (3)

Search results (4)

PhD-positions in Finance

The Department of Finance at the University of Luxembourg invites students to apply for PhD-student positions in Finance.Your Role... The program follows the standard international format with rigorous coursework in the first year and for the rema...

PhD Position on designing a recommender system for sustainable investments

Job descriptionDuring the project, you will closely collaborate with industry and a doctoral training network spread throughout Europe, including extended research stays abroad.The successful appli...

Doctoral Positions in Management in various areas of specialisation, with five-year funding for all admitted PhD candidates

INSEAD, one of the world's leading and most diverse business schools, is renowned for its commitment to producing leaders who positively impact society. With campuses in Europe, Asia, and the Middle East, INSEAD offers its students an unparalleled...

PhD Position in Machine Learning for Digital Finance

Job descriptionYou will be a member of the MSCA Industrial Doctoral Network on Digital Finance, a European Research and Training programme with several leading European universities and companies i...

Jobs by field

Programming Languages 184
Electrical Engineering 173
Artificial Intelligence 165
Machine Learning 163
Molecular Biology 141
Materials Engineering 130
Computational Sciences 130
Electronics 127
Cell Biology 124
Materials Chemistry 106

Jobs by type

Postdoc 313
Assistant / Associate Professor 142
Researcher 129
Professor 92
Engineer 68
Management / Leadership 58
Research assistant 53
Lecturer / Senior Lecturer 51

Jobs by country

Belgium 228
The Netherlands 171
Morocco 127
Germany 127
Finland 107
Switzerland 91
Luxembourg 75

Jobs by employer

Mohammed VI Polytechnic Unive... 131
KU Leuven 95
University of Luxembourg 73
Eindhoven University of Techn... 66
Ghent University 38
Leiden University 32
ETH Zürich 32
Silicon Austria Labs (SAL) 30
University of Basel 29

What Can I Do with a PhD in Finance?

Find your perfect school.

Key Takeaways:

A PhD in Finance prepares you for high-earning roles like university professor, investment researcher, and financial manager.
Graduates can opt for academia, focusing on teaching and research , or high-stakes financial roles in public or private sectors.
The degree offers competitive advantages in job opportunities , influencing compensation, benefits management, and strategic financial planning.

Finance is an interesting and challenging field, and financial professionals interested in advancing their careers often wonder what they can do with a PhD in Finance. That option poses many interesting choices because earning a PhD in Finance not only puts candidates in positions to pursue a variety of jobs but also puts them in positions where they can earn excellent wages. They’ve taken their training and education to the highest level, and the sky is the limit! Here are a few career choices available for someone with a PhD in Finance. You should be aware that many PhD programs require students to take hybrid classes .

University Professor

Every year many graduates of the PhD in Finance choose to work as college professors in the economics and finance departments of colleges and universities. Although their main responsibilities are to teach students every semester, they also spend a great deal of time performing research. Additionally, they are required to publish books or articles based on the research they’re performed. University professors are also responsible for preparing exams for the class, creating the course syllabus, preparing lectures and grading tests and assignments. While this position doesn’t pay as much as some pay with the finance doctoral degree, they do make very good wages and find the work very rewarding.

Featured Programs

Investment researcher.

Investment researcher is a popular career choice for PhD in Finance holders who don’t choose to work in an academic setting. Investment researchers use their knowledge of finance to research how certain income investments are performing. They may work in the private or public sector. They deal with corporate bonds, foreign currencies, credit equities, commodities, and similar fixed income accounts. Using their research and expertise, investment researchers then make recommendations to their clients. Investment researchers generally earn higher wages than those working in academia.

Financial Manager

Working as a financial manager can be stressful at times but can also be very rewarding. Imagine the rewarding feeling of successfully managing someone’s money and knowing they’ve earned a high return based on your research and recommendations! Financial managers may be hired with a master’s degree, but those with a PhD in Finance typically see the best job opportunities. A big part of their job involves researching and analyzing current market trends so they can help the company increase both their customer base and their profits. They also generate the company’s business reports, forecasts and financial statements.

Compensation and Benefits Manager

Compensation and benefits managers are an important part of an organization’s workforce because they’re the professionals who help the company determine what kind of wages they can pay their employees. They figure out how to balance the wages and compensation benefits so the company is competitive while still being profitable and able to maintain a good workforce. They oversee the distribution of wages and benefit packages and ensure the company is paying the right amount based on the profitability of the company and the employee’s job performance. Compensation and benefits managers also select and work with benefits vendors, investment managers, and insurance brokers.

Jobs in the business and financial operations field are expected to see a growth of 7 percent during the 2018-2028 decade, resulting in almost 600,000 new jobs by 2018 according to the U.S. Bureau of Labor Statistics . Professionals who go the extra mile and earn a PhD in Finance will generally see the best opportunities.

Related Resoures:

Cheapest Online PhD in Finance
PhD in Accounting Online
Highest Paying PhD
30 Colleges Helping Students Manage Finances

PhD in Finance Degree Guide: Jobs and Salary Expectations with a Doctorate in Finance

Finance is a complicated subject to master, and many financiers and investment bankers treat the field as if it is as much art as science. Everybody knows someone in the office who has a set of lucky cufflinks they only wear on days they plan to sign a big deal, or just ahead of a critical Beige Book release.

But the thing about numbers is that they always add up in the end. And if you are someone who has a burning desire to follow the equations all the way to the roots, to truly understand the ebb and flow of capital markets, then a PhD in finance or a related discipline can equip you with the knowledge and skills to make it happen.

PhD Options for a Career in Finance and Banking

Selecting the right school for your phd in finance, is accreditation important when considering a doctorate in finance, what a doctorate can do for your career prospects and paychecks.

PhDs in Financial Planning Vs Finance and Banking

Although doctoral degrees have traditionally gone to students focused on entering the research and teaching side of finance, that pattern is changing with the importance of high-speed trading and the development of increasingly complex derivative investments. Today, a PhD doesn’t relegate you to a dusty office teaching undergrads; it can also be the ticket to some of the hottest and most cutting-edge positions open on the Street.

Most doctoral degrees are oriented toward preparing graduates to engage in research and teaching. You will typically be required to complete some direct teaching experience as part of the program. But some degrees will also equip you with the right skills and theory to find high-paying positions outside academia as well, in positions where applied research and analysis are breaking new ground in investing.

Some of the different types of PhDs to consider for either career path include:

Finance – A PhD in finance focuses heavily on the theoretical background of macroeconomics, financial markets and institutions, and asset pricing and portfolio management. You will learn about banking and monetary systems, and how they interact with corporate controls and capital formation, as well as how they are shaping and being shaped by markets.

Economics – Economics doctorates dive into both micro and macroeconomics and econometrics, studying the psychological and behavioral factors that go into the global economy. You’ll probably study international trade and finance along with specific economic markets such as energy, resources, or information.

Business – A doctorate in business focuses on traditional aspects of business organization and management, including HR, accounting, information systems, and operational systems. These come in two flavors, the academically-oriented PhD, and the applied DBA (Doctor of Business Administration).

Financial Engineering – A PhD in financial engineering will lean toward the mathematical and stochastic underpinnings of modern financial markets, and how they may be analyzed and incorporated into pricing and investment management. These doctorates typically require a significant grounding in statistics and mathematics and dive right into the deep end with probability forecasting, econometrics, and computational finance.

Hard Sciences – It’s also possible to aim for a career in finance and banking today by earning a PhD in a hard science such as mathematics, computer science, or statistics. Some doctoral programs in these areas already have focus areas in financial applications, but all can be tailored to provide you with the right sort of analytical tools and information processing techniques to add value to financial services firms and investment banks.

You may also find degrees that combine the subject above, such as PhDs in Finance and Economics. The nature of doctoral study is such that there is considerable room for designing your own curriculum and tailoring your studies to your individual goals, in conjunction with your faculty and advisors.

Doctoral programs may last between four and eight years. You will be expected to develop a thesis and defend it before a committee of faculty. You will probably undertake a period of study and research to back up your thesis, and you may also be involved in faculty research projects. It’s not unusual to begin publishing during your studies, as well, building your reputation in the field.

Different universities have different strengths in various financial studies areas. A university with a strong and traditionally respected business school may offer the best opportunities for economics and business PhDs, while a school that is better known for advanced computational studies and sciences may be a better choice for financial engineering or hard science doctorates.

The best choices are schools that have departments that are strong in both areas, with highly respected business schools alongside groundbreaking scientific programs, such as MIT, Stanford, or Columbia.

In either case, you will want to look closely at the faculty and resources available in the department running the program. Since doctorates are heavily dependent on research, finding a program that has close ties to Wall Street or a deep history of ground-breaking research in your area of study is important. It’s also worthwhile looking at current faculty research projects to see if the interests of professors will line up with and support your own studies.

Accreditation is an absolute must for schools that award doctoral degrees. Having a third-party assessment of a university conducted by a CHEA (Council for Higher Education Accreditation) and the Department of Education recognized accreditor is paramount in establishing their quality and ability to deliver the highest educational experience.

With some degrees, particularly those in business, you should also look further to find a program that has been accredited by one of the three CHEA-recognized specialty accreditors for business and accounting:

Accreditation Council for Business Schools and Programs (ACBSP)
International Assembly for Collegiate Business Education (IACBE)
Association to Advance Collegiate Schools of Business (AACSB)

Many finance and economics doctorates are also awarded by business schools, but not all. In those cases, and for programs in mathematics or other hard sciences, a specialty accreditation is not crucial, but it is worth checking to see if the university business school holds one, since you may also take courses offered under their auspices.

PhDs have enjoyed a certain resurgence on the street with the advent of high-speed, quantitative trading in the markets, though. Suddenly, the formulas that govern market behavior became a matter not for leisurely next-day analysis, but a necessary component of high-speed algorithmic trading systems that could make—or lose—billions in seconds.

Quants are the queen bees in many investment firms today, and that means they get the royal honey: top dollar paychecks that reflect their value to the firm.

According to the U.S. Bureau of Labor Statistics, here are the salary ranges for a few high-level finance jobs:

Management Analysts

Median – $84,940
Top 10% – $119,250
Lowest 10% – $49,700

Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists

Annual Average – $94,160
Top 10% – $154,310
Lowest 10% – $47,230

If these numbers leave you wanting more, fear not – they do not include commissions, bonuses, stock options and all the other incentive programs that made you want to gain a deeper understanding of the machinations and magic behind the world of finance in the first place

That kind of compensation isn’t always consistent year over year, but when the bulls run, you can expect bonuses alone to exceed your base salary.

Salary ranges for academics can be better than most people assume as well. In 2018, an analysis by Poets and Quants revealed that even assistant professors at top-name business schools can bring in more than $200,000 annually, with fully tenured staff coming in at mid six-figures. Although it’s a long road to follow, there’s definitely a pot of gold at the end.

PhDs in Financial Planning vs. Finance and Banking

A doctorate in financial planning covers many of the same subjects as advanced studies in finance, but from a slightly different angle. As a newer field of study, with fewer programs available, financial planning is oriented primarily toward the investigation of investment principles used in a larger scope than simply investing. They will cover topics like:

Estate planning
Educational planning
Retirement and estate planning, including structuring wills, trusts, and other protective constructs
Tax planning

A financial planning doctorate may include the required educational component for a Certified Financial Planner (CFP) credential from the CFP Board as well, a set of nine specific courses in the topics that underline the fiduciary responsibility planners owe to their clients.

Although few PhDs actually work in the trenches as planners or traders, that perspective may be the most salient difference between the two career paths in general.

Financial Professional Resources
How To Become a Certified Financial Planner
How to become a Financial Planner
How to become a Stockbroker
How to Become a Financial Advisor
College Tuition Planning
Estate Planning
Financial Planning Education
Private Banking
Profesional Designation
Real Asset Management
Regulatory Bodies & Organizations (FINRA)
Retirement Planning
Wealth Management
Hiring a Financial Advisor
FinTech Bootcamp
Guide for Military Veterans Who Want to Become Financial Planners
Guide to Graduate School Scholarships in Finance
Guide to Undergraduate Scholarships in Finance & Financial Planning
2024 Most Affordable Finance Degrees in the Western U.S.
Financial Planner Degrees
Associate’s Degrees in Financial Planning
Bachelor’s Degrees in Financial Planning
Master’s Degrees in Financial Planning
PhD in Financial Planning
Certificate in Financial Planning
Degrees in Finance
Associate’s in Finance
Bachelor’s in Finance
Master’s in Finance
PhD in Finance
Post-Master Certificate in Finance
Financial Industry Careers
CPA – Financial Planner
Credit Analyst
Equity Analyst
Financial Analyst
Financial Service Jobs
Hedge Fund Manager
Investment Adviser / Representative
Investment Banker
Life Insurance and Annuities Producer
Private Banker
Quantitative Analyst
Real Estate Finance Jobs
Risk Manager
Stockbroker / Securities / Commodities Sales
Insider Insights
Why Should I Study Corporate Finance?
FINRA Exams
Series 6 Exam
Series 7 Exam
Series 66 Exam
Series 65 Exam
Series 63 Exam

Pursuing a PhD in Finance in the United States: What You Need to Know

May 16, 2023

A university campus with a student studying finance textbooks

If you’re considering pursuing a PhD in finance in the United States, you’re likely wondering about the benefits, requirements, and challenges that come with this rewarding and demanding academic journey. In this guide, we’ll cover everything you need to know about pursuing a PhD in finance in the United States, from the reasons why a PhD in finance is a good investment in your career to the steps you can take to stand out as a job candidate with your degree.

Why a PhD in Finance is a Good Investment in Your Career

What are the requirements for pursuing a phd in finance in the united states, how to choose the right university for your phd in finance, tips for researching and applying to doctoral programs in finance, understanding the curriculum and coursework of a phd in finance program, funding your phd: scholarships, grants, and other financial aid options, balancing work and study: managing your time as a phd candidate in finance, building a strong network: making connections with professors and peers in your field, navigating the dissertation process: from proposal to defense, career opportunities with a phd in finance: industry vs academia, how to stand out as a job candidate with a phd in finance, common challenges faced by phd candidates in finance and how to overcome them, the future of financial research and innovation: trends and implications for doctoral students.

There are several compelling reasons why pursuing a PhD in finance can be a smart investment in your career. For one, it can make you a more attractive candidate to potential employers, as it signals that you have a high level of expertise and a deep understanding of financial concepts and practices. Additionally, a PhD in finance can lead to higher earning potential, whether you choose to pursue a career in academia or industry. Finally, a PhD in finance can offer the opportunity to conduct research in a rapidly evolving and increasingly important field, contributing to the advancement of financial knowledge and innovation.

Moreover, pursuing a PhD in finance can also provide you with a strong network of professionals in the field. As a PhD candidate, you will have the opportunity to collaborate with other researchers and academics, attend conferences and seminars, and build relationships with industry leaders. This network can be invaluable in terms of finding job opportunities, staying up-to-date on industry trends, and gaining access to resources and funding for your research.

The specific requirements for pursuing a PhD in finance in the United States can vary depending on the program and institution, but generally you will need to have a bachelor’s or master’s degree in finance or a related field, such as economics or business. Additionally, you will need to have a strong academic record, particularly in math and statistics, as these skills are crucial for success in a finance PhD program. Finally, you will need to demonstrate strong research abilities and a passion for pursuing a career in finance research or academia.

Another important requirement for pursuing a PhD in finance in the United States is having a strong command of the English language. This is because most finance PhD programs require students to write and present research papers in English. Therefore, international students whose first language is not English may need to take an English proficiency test, such as the TOEFL or IELTS, to demonstrate their language skills.

It is also worth noting that many finance PhD programs in the United States require applicants to have relevant work experience in the finance industry. This is because practical experience can provide valuable insights and perspectives that can enhance a student’s research and academic work. However, some programs may waive this requirement for exceptional candidates who demonstrate strong academic and research potential.

Choosing the right university for your PhD in finance is a critical decision that can have a major impact on your academic and career success. When evaluating potential programs and institutions, consider factors such as the quality of the program’s faculty, the resources available to support research and learning, the location and environment of the university, and the reputation of the institution in the finance community. Additionally, consider factors such as funding opportunities, program structure, and availability of industry partnerships, as these can all influence your experience and future career prospects.

Another important factor to consider when choosing a university for your PhD in finance is the program’s curriculum. Look for programs that offer a diverse range of courses that align with your research interests and career goals. You may also want to consider programs that offer opportunities for interdisciplinary study, as this can broaden your knowledge and skillset.

Finally, it’s important to consider the culture and community of the university. Look for institutions that have a supportive and collaborative environment, where you can connect with other students and faculty members who share your interests and goals. Attend information sessions and visit the campus if possible to get a sense of the community and whether it’s a good fit for you.

Researching and applying to doctoral programs in finance can be a daunting process, but by following a few key tips, you can increase your chances of success. Begin by researching different programs and institutions thoroughly, including contacting current students and alumni to learn about their experiences. Additionally, ensure that you carefully read and follow all application instructions and requirements, including submitting strong letters of recommendation, crafting a compelling personal statement, and preparing for any required interviews or admissions tests.

Another important tip is to consider the faculty and their research interests when selecting a program. Look for programs where the faculty members have research interests that align with your own, as this will increase your chances of finding a mentor who can guide you through the program and help you develop your research skills. Additionally, attending conferences and networking events can be a great way to meet potential mentors and learn more about different programs.

Finally, it’s important to consider the financial aspects of pursuing a doctoral degree in finance. Look for programs that offer funding opportunities, such as research assistantships or fellowships, as these can help offset the cost of tuition and living expenses. Additionally, consider the potential return on investment of pursuing a doctoral degree in finance, including the job prospects and earning potential in the field.

The curriculum and coursework of a PhD in finance program can vary depending on the institution and program, but generally you can expect to take courses in advanced financial theory, econometrics, statistics, and research methods. Additionally, most programs require completion of a dissertation or other original research project, which can take several years to complete and typically involves extensive research, writing, and analysis. Throughout your program, you may also have the opportunity to present your research at conferences, publish academic papers, and collaborate with other researchers and industry leaders.

Know More: PHD IN MARKETING IN THE USA

One of the biggest challenges of pursuing a PhD in finance can be finding funding for your education and living expenses. However, there are several financial aid options available to help support your academic journey. These include scholarships, grants, fellowships, and assistantships offered by universities, research institutions, government agencies, and industry organizations. Additionally, you may be eligible for student loans or other forms of financial support, depending on your specific circumstances.

Pursuing a PhD in finance can be a time-consuming and intensive process, and balancing your academic and professional responsibilities can be challenging. However, with careful planning and time management, it is possible to excel in both areas. Consider creating a detailed schedule or routine that allows you to dedicate significant time to your research and coursework, while also maintaining your work or other personal commitments. Additionally, seek out support and guidance from your mentors, professors, and peers, who can offer valuable advice and resources for managing your busy schedule.

Networking is a crucial component of any successful career, and building strong connections with professors, industry professionals, and fellow researchers can be particularly important during your PhD program and beyond. Consider attending conferences, workshops, and other industry events to meet and learn from leaders in your field, and join professional organizations or online communities to connect with peers and expand your knowledge and network.

The dissertation process can be one of the most challenging and rewarding aspects of a PhD in finance program. Whether you choose to pursue a traditional dissertation or a different type of research project, the process can involve several stages, including developing a proposal, conducting extensive research, writing and revising drafts, and ultimately defending your work in front of a committee. Throughout the process, it’s important to stay focused and organized, seek feedback and guidance from your mentors, and maintain a clear vision of your goals and objectives.

One of the biggest decisions you’ll face as a PhD in finance candidate is whether to pursue a career in academia or industry. While both options offer unique benefits and challenges, ultimately the decision will depend on your interests, skills, and career goals. Consider exploring both paths through internships, teaching assistantships, or other opportunities, and seek out advice and mentorship from professionals in your chosen field.

Whether you choose to pursue a career in academia or industry, standing out as a job candidate with a PhD in finance requires a combination of academic excellence and professional skills. Consider building a strong online presence through social media, blogs, or other platforms, and seek out opportunities to present your research and work to industry professionals. Additionally, focus on developing your communication, leadership, and problem-solving skills, as these are highly valued in a range of industries and positions.

As with any academic or professional pursuit, pursuing a PhD in finance can come with its own set of challenges and obstacles. Some common challenges include managing tight deadlines, balancing competing priorities, dealing with rejection or criticism, and maintaining your motivation and stamina over several years of study. The key to overcoming these challenges is to stay focused on your goals, seek out support and guidance from your mentors and peers, and adopt a growth mindset that emphasizes resilience, curiosity, and adaptability.

Finally, as a doctoral student in finance, it’s important to stay up-to-date on emerging trends and innovations in your field, including the rise of artificial intelligence, blockchain technology, and sustainable finance. By staying informed and engaged with these developments, you can position yourself as a thought leader and innovator in your chosen area of expertise, opening up even more exciting career opportunities and possibilities.

Pursuing a PhD in finance in the United States can be a challenging and rewarding experience that opens up doors to exciting and lucrative careers in many different industries. By following the tips and insights outlined in this guide, you can maximize your chances of success and emerge as a highly skilled and respected professional in the field of finance innovation and research.

most recent

A festive christmas market scene with colorful decorations

Visit to USA

Discover the best christmas markets in the us.

10 spooky and mysterious locations in the united states

10 Most Haunted Places in the United States

A roller coaster with a landscape of mountains and trees in the background

Discover the Best Roller Coaster Parks in the US

A vibrant landscape of trees and foliage in autumn colors

Discover the Best Fall Foliage in the USA

Discover the Best Glamping Destinations in the USA

A colorful amusement park with roller coasters

Discover the Best Theme Parks in the US

PH +1 000 000 0000

24 M Drive East Hampton, NY 11937

Get the Reddit app

Plan your career in the wide world of finance.

Considering a PhD in finance

I am a junior in math and computer science. I am thinking of doing a phd in finance - I don’t want to get into trading side of things and I’m aware that a math or cs phd is more suited for that. I, however, would love to get into more of a research role in the industry(probably on the buy side). I am not opposed to an academic career but I don’t want to do just academia.

It’s a big decision to commit to any phd and I am scared about doing that in finance - what are the industry prospects like? I tried searching on the internet but it isn’t super clear and I would really appreciate some insights. I will definitely pursue a more quantitative research topic and hopefully use my cs (machine learning) and math background when doing my thesis.

I do have some research experience in finance and I’m working a paper with a top finance school at the moment. I also have cs and math research experience but it’s not something I see myself doing whereas I really enjoyed my finance experience.

By continuing, you agree to our User Agreement and acknowledge that you understand the Privacy Policy .

Enter the 6-digit code from your authenticator app

You’ve set up two-factor authentication for this account.

Enter a 6-digit backup code

Create your username and password.

Reddit is anonymous, so your username is what you’ll go by here. Choose wisely—because once you get a name, you can’t change it.

Reset your password

Enter your email address or username and we’ll send you a link to reset your password

Check your inbox

An email with a link to reset your password was sent to the email address associated with your account

Choose a Reddit account to continue

PhD Careers: What to Do After a PhD?

Deciding what to do after your PhD can be daunting. Whether you're contemplating a career in academia or considering opportunities outside it, you have numerous paths to explore. Completing a PhD is a significant personal and professional achievement, but it's often just the beginning of your journey. The world brims with opportunities for those ready to take the next step, and understanding these paths can help alleviate the uncertainty and stress that many new PhDs face.

In this comprehensive guide, we'll look into varied career avenues, including academic roles and alternative options in various industries. By the end of this article, you should have a clearer understanding of your prospects and be better prepared to make informed decisions about your future.

To help you make the best decision, we also have guides on PhD employability and earnings , and how you can decide if PhD study is worth it .

We've answered some of the most frequently asked questions about PhDs, covering course types, applications, funding and the benefits of further study.

Will a PhD help you get a job or earn a better salary? And what are your career prospects in and outside of academia?

Everything you need to know about part-time and full-time work as a student or recent graduate in the USA.

Everything you need to know about part-time and full-time work in Germany as a student or recent graduate in Germany.

Academic careers

If you’re inclined towards academia, you're aspiring to join the ranks of researchers focused on advancing knowledge and educating the next generation. Academic careers are prestigious and intellectually rewarding but often demand a blend of teaching, research, and administrative duties. Your work can shape future generations and contribute to groundbreaking discoveries.

Academic roles and responsibilities

Academics primarily work in universities but can also be found in government-funded research institutes and cultural heritage sites. The core objective is to produce original research while often engaging in teaching and administrative duties.

As an academic, you’ll be expected to publish your research findings, supervise students, and contribute to your academic community through various service roles.

How much do academics earn?

According to official data produced by HESA, in 2021-22 most full-time academics employed by a university in the UK were salaried between £47,419 to £63,668 . The second largest salary range, with just over 33% of academics falling into, was £35,326 to £47,419.

The average pay of full time UK academics 2021-22
Percentage of academics	Salary band
0.02%	<£20,092
0.48%	£20,092 and £26,341
9.03%	£26,341 and £35,326
33.50%	£35,326 and £47,419
36.29%	£47,419 and £63,668
20.68%	>£63,668
* .

Salaries also vary by department. For example, those in Biological, Mathematical, and Physical Sciences earn between £34,000 and £45,000 , while Humanities and Archaeology academics often earn over £45,000 . These figures showcase the range of earning potential, influenced by experience, field of study, and institutional funding.

Pathways to academia

To become an academic in the UK, a doctoral degree is increasingly essential. Generally, you will need at least an upper second-class undergraduate degree, often followed by a Master’s degree. After your PhD, two main pathways lead to permanent positions:

Teaching Route : Starting with part-time teaching roles can make you competitive for research or teaching fellowships and eventually, permanent lecture positions. These roles often involve a mix of undergraduate and postgraduate teaching, curriculum development, and sometimes even student advisory responsibilities
Research Route : Alternatively, you could apply for post-doctoral positions (postdocs) to gain valuable experience. Postdocs are temporary research roles typically lasting 1-4 years, under the supervision of an established academic. These positions help strengthen your research profile and often provide opportunities for publishing papers and attending conferences.

Candidates are not always expected to have completed a fellowship to apply for a lectureship. These roles can be obtained after completing a postdoc or teaching experience.

Postdocs and fellowships

Postdocs are excellent for building research and teaching experience. Fellowships, on the other hand, are more competitive and prestigious, allowing you to undertake your own research project—sometimes leading to a permanent role. Fellowships can be a crucial stepping stone to further academic opportunities, offering funding and resources to focus intensely on your research.

Though not mandatory, completing a postdoc or fellowship significantly boosts your employability in academia. These temporary roles help you gain the experience needed to secure permanent positions and build a network within the academic community. Networking is vital, as academic positions are often filled through a combination of formal applications and personal connections.

What is a postdoc?

A postdoc is a temporary funded research position at a university or in industry. Postdocs work under the supervision of a research group or established academic and are considered an employee, unlike PhD students. Some roles will include teaching responsibilities and assistant supervisory roles to students. Responsibilities will also include grant writing, funding applications and administrative duties.

Sometimes postdocs can be referred to as Postdoctoral Research Assistants or Postdoctoral Research Fellows. A postdoc, however, is not the same as a fellowship.

What is a fellowship?

Research fellowships are competitive and prestigious positions. Unlike postdocs, you will be funded to complete your own research project. Some positions will also guarantee a permanent academic role after completion. To successfully achieve a fellowship, you’ll need an interesting and viable research project, a history of academic excellence, and experience in writing successful funding or grant applications.

The other type is a teaching fellowship . These roles are not always for early career academics and will be offered to senior researchers so make sure you check the job description.

Do you need a postdoc or fellowship to work in academia?

Technically you do not need to have completed a postdoc or fellowship to work in academia, but it is becoming increasingly expected.

Employment in academia is more competitive each year as the number of PhDs rewarded is increasing, whereas the available permanent academic positions are not. The experience gained from completing one or more temporary positions can help you increase the competitiveness of your CV, make connections and build a positive reputation within the academic community.

Permanent positions

To secure a permanent role, you'll generally start with a lectureship, an entry-level position requiring teaching, research, and administrative duties. After successfully navigating a probationary period (usually three to four years), you might be promoted to Senior Lecturer, Reader, or even Professor, based on the evidence of your contributions and progression. Each upward step typically brings higher responsibilities, leadership opportunities, and an increase in salary.

In the UK, tenure, as understood in North America, doesn't typically apply. However, academics in permanent roles receive standard employment protections. Instead of tenure, UK academics undergo periodic reviews to ensure continued performance and contribution to the institution.

Non-academic careers

Choosing to step outside academia after your PhD opens numerous opportunities. According to the Higher Education Policy Institute (HEPI), over 70% of PhD holders are not working in academia three and a half years after their graduation. This statistic highlights the diverse range of career paths available to PhDs outside of the traditional academic route.

Transferable skills

A PhD equips you with a range of transferable skills that are highly valued in various industries. From analytical thinking and project management to excellent written communication, your PhD experience sets you apart from Bachelors and Masters graduates. Skills such as problem-solving, data analysis, and independent research can make you an attractive candidate in many fields.

Industry examples

Here's how your PhD can translate into various industries:

A PhD in the Arts and Humanities demonstrates excellent written communication, presentation skills, creativity and analytical thinking. You may be suited to work for jobs in the Publishing industry , Digital Marketing or Civil Service .
A PhD in Biological and Medical Sciences builds specialist subject knowledge, data proficiency and collaborative skills. This will compliment work in industries such as Pharmaceuticals , Genomics or Clinical Care .
A PhD in Business and Finance will help build organisational and data experience that could benefit careers in Accountancy , Data Science or Consultancy .
A PhD in Chemical Sciences will provide you with laboratory skills and an advanced understanding of chemistry needed to benefit jobs in Chemical Engineering , Industrial Chemistry and Food Technology .
A PhD in Earth Sciences could set graduates up for careers in Construction , Environmental Protection or Mineral Surveying , utilising analytical skills and strong subject knowledge.
PhDs in Engineering have a strong emphasis on project management and practical construction. This could aid jobs in Management Consultancy and Finance as well as more practical fields such as Aeronautics .
The specialist knowledge gained from a PhD in Law can enable students to comfortably enter industries such as Investment . Additionally, soft skills gained in communication will help in careers such as Teaching or Public Engagement .
A PhD in Maths and Computing could benefit jobs in Finance , Investment or Web Development , complimenting skills in logic, problem solving and data.
A PhD in the Physical Sciences demonstrates experience with software and data. This could set graduates up to work in Software Engineering , Data Science or even Sound Engineering .
A PhD in Social Science and Health requires a deep understanding of human society on a macro or micro level. Graduates may find themselves working in Epidemiology , Public Health or Social Work .

You may be inclined to apply for jobs relating to the subject of your research or previous studies. But a PhD is a versatile enough qualification that you can often look outside your discipline area.

Making the transition

You should invest some time during your PhD for personal and professional development (this is true if you want to stay in academia too!).

Even if you attend none of the formal training courses offered by your department, your PhD itself will provide you with many skills. When leaving academia, you'll need to translate your skills so they make sense to the industry and commercial employers. Think outside the box and take stock of what you are good at or have experience in.

Some translation examples include:

The dissertation shows you're capable of presenting and organising large amounts of information.
Having published papers shows you can communicate information across a range of formats.
If you did interviews for your PhD project, you might graduate with skills in questionnaire design, sensitivity and data analysis.

There’s always a way to link your academic experience to the commercial world. Be prepared to do this in any upcoming job interviews.

It’s also a good idea to move away from the long, multiple page academic CV that you might be used to. Employers won’t read them. They also won’t be interested in scanning a lengthy list of articles. Instead, you should mention that you’ve had several publications without detailing every instance.

Want to find out more about PhD careers?

Check out our guide to PhD employability and earnings . Then, head to our course listings to find your perfect PhD opportunity .

Our postgrad newsletter shares courses, funding news, stories and advice

Unknown ( change )

Have you got time to answer some quick questions about PhD study?

Select your nearest city

You haven’t completed your profile yet. To get the most out of FindAPhD, finish your profile and receive these benefits:

Monthly chance to win one of ten £10 Amazon vouchers ; winners will be notified every month.*
The latest PhD projects delivered straight to your inbox
Access to our £6,000 scholarship competition
Weekly newsletter with funding opportunities, research proposal tips and much more
Early access to our physical and virtual postgraduate study fairs

Or begin browsing FindAPhD.com

or begin browsing FindAPhD.com

*Offer only available for the duration of your active subscription, and subject to change. You MUST claim your prize within 72 hours, if not we will redraw.

Do you want hassle-free information and advice?

Create your FindAPhD account and sign up to our newsletter:

Find out about funding opportunities and application tips
Receive weekly advice, student stories and the latest PhD news
Hear about our upcoming study fairs
Save your favourite projects, track enquiries and get personalised subject updates

Create your account

Looking to list your PhD opportunities? Log in here .

The Economic Times daily newspaper is available online now.

Unlock financial insights: guide to pursuing a phd in finance management.

Several prestigious institutions in India offer a PhD in Finance program, which is a research-oriented course that provides a deeper understanding of financial concepts. To pursue this program, candidates must pass entrance exams and have a minimum overall score of 55% in their relevant master's degree.

Top professional courses on Leadership

Offering College	Course	Website
IIM Calcutta	Executive Programme in Leadership & Management
MIT xPRO	MIT Technology Leadership and Innovation
Indian School of Business	ISB Leadership in AI


	Doctorate in Philosophy in Finance Management
	Finance
	3 Years
	Rs.10,000 to Rs.50,000
	Should have completed a postgraduate programme in accounting, economics, or mathematics with a minimum grade point average of 55%
	Doctorate
	Entrance test
	A corporate banking executive, a stockbroker, a statistician, a CFA, a manager of credit control, a manager of finance, etc.
	Rs.5 lakh to 8 lakh
	Accenture, Genpact, Vodafone, Oracle, Accenture, Reliance Industries, Bajaj, Airtel, HCL, TATA Consultancy, etc.

About PhD in Finance Management

A PhD in Finance is a research-focused programme that prepares students for advanced academic and research careers in economics and finance.
Those who want to apply for admission to the programme must have managerial, leadership, logical, and analytical abilities.
Accounting, economics, financial management, and other related topics are all studied in finance.
Students pursuing a PhD in finance receive training in subjects such as corporate finance theory, investments, and statistics.
In their course curriculum, the students also have the opportunity to investigate various financial markets and products.
A PhD in Finance is a research-based programme designed specifically for academic or research-based careers.
While the majority of institutions demand that applicants have a Master's in business administration, some of them admit students to PhD in finance programmes after they have already earned their bachelor's degrees.

Why do a PhD In Finance?

High income - A PhD in Finance graduate may expect to make between INR 4 LPA and INR 8 LPA in income on average. According to the website Pay Scale, the average pay of a PhD in Finance graduate is roughly INR 12,50,000 PA, and it rises with experience. In addition to this, the candidates receive perks and additional benefits including DA, Provident Funds, Travel Expenses, and health insurance.
Careers: After completing the course, students have the option of pursuing a career in academia or industry. Both professional paths have equal financial success. They have the choice to pursue a career as a professor, lecturer, or associate professor in academia. They can choose to work as market research analysts, investment bankers, etc. in the industrial sector.
Job Stability: The majority of PhD finance graduates choose to work in academia because it offers job security. In industrial employment, they are typically hired in top-level roles, primarily as consultants, which are thought to be more stable and have a lower attrition rate.

PhD Finance Management Admission Process

Step 1: registration. Candidates must go to the entrance examination authorities' website, register using an email address or phone number, and create a login ID.
Step 2: Complete the application form - Students who wish to pursue a PhD in finance must complete the applications for the relevant institutions. Online application forms are available for filling out. Candidates must offer information about the cities where they prefer to take the entrance exams as well as essential academic information.
Step 3: Upload the different documents. Candidates must upload the different documents in their desired size and format. Then, the applicants must pay the application fees and print a receipt for their records.
Step 4: Candidates must appear for the admission exam, which is compulsory for all applicants. Each university administers its own admissions tests. The students are invited for the interview based on how well they did on the entrance exam.
Step 5: Attend the interview - Following the announcement of the admission test results, the chosen students are contacted for an interview. The interview may include several rounds. The candidates must present their theses as well as the research areas they will focus on throughout their PhD studies.
Step 6: Admission to the College - Students who pass the interview will be contacted for the rest of the admissions process and given permission to enrol in the relevant university.

Eligibility Criteria for PhD Finance

The student must complete his or her post-graduate studies at an accredited university in subjects like accounting, economics, or mathematics. The PhD in Finance Course accepts applications from candidates from the MBA Finance Stream as well.
Additionally, the student must have earned at least a 55% in their post-graduation course. Candidates who are SC/ST/OBC/PwD receive a 5% mark reduction.
There is no maximum age for admission to the PhD programme.

Entrance Exams For PhD In Finance

NET UGC Exam
PET SIU Exam
JNU PhD Admission Test
GTU PhD Admission Test

PhD Finance Top Colleges

Ahmedabad University
Alliance School of Business
Amity University
Department of Management Studies-IIT Madras
Gitam University of Management
Indian Institute of Foreign Trade
Kalinga Institute of Technology
National Institute of Technology
Shailesh J. Mehta School of Management
Sharda University

PhD Finance Career Options

Frequently asked questions, read more news on.

Resourceful Automobile listing reveals this about SME IPO frenzy among investors

15 reasons why family offices are investing in startups and AIFs

How heatwaves and floods are putting auto sales under the weather

What explains Dabur and Jubilant’s big money fizz for Coca Cola bottler?

Should Sebi encourage or discourage SME IPOs?

3 critical actions for the survival of P2P lending after RBI’s new mandate

Find this comment offensive?

Choose your reason below and click on the Report button. This will alert our moderators to take action

Reason for reporting:

Your Reason has been Reported to the admin.

To post this comment you must

Fill in your details:

Will be displayed

Will not be displayed

Share this Comment:

Uh-oh this is an exclusive story available for selected readers only..

Worry not. You’re just a step away.

Prime Account Detected!

It seems like you're already an ETPrime member with

Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

To read full story, subscribe to ET Prime

₹34 per week

Billed annually at ₹2499 ₹1749

Super Saver Sale - Flat 30% Off

On ET Prime Membership

Unlock this story and enjoy all members-only benefits.

Offer Exclusively For You

Save up to Rs. 700/-

ON ET PRIME MEMBERSHIP

Get 1 Year Free

With 1 and 2-Year ET prime membership

Get Flat 40% Off

Then ₹ 1749 for 1 year

ET Prime at ₹ 49 for 1 month

Freedom Offer

Get flat 20% off on ETPrime

90 Days Prime access worth Rs999 unlocked for you

Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

Stock analysis. Market Research. Industry Trends on 4000+ Stocks

Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-

Stories you might be interested in

Study Abroad Get upto 50% discount on Visa Fees
Top Universities & Colleges
Abroad Exams
Top Courses
Read College Reviews
Admission Alerts 2024
Education Loan
Institute (Counselling, Coaching and More)
Ask a Question
College Predictor
Test Series
Practice Questions
Course Finder
Scholarship
All Courses
B.Sc (Nursing)

PhD in Finance Course, Colleges, Subjects, Abroad, Salary, Scope 2024

Waqar Niyazi

Content Curator

Doctorate in Philosophy in Finance or simply PhD in Finance is a doctorate course that is offered by several top institutes or Universities in India .It is a research-oriented course that offers the candidates deeper insight to the concepts of finance and also enables them to undertake research in relevant fields.

The minimum time frame to complete the course is 3 years which can be extended up to and not more than 5 years.

In order to pursue a PhD in Finance, one must clear either of the entrance examinations held at the national and university level followed by several rounds of interviews. The candidates also need to pass their relevant masters degree with a minimum aggregate score of 55% or more. Some of the popular entrance tests for admission into PhD in Finance programs are UGC NET, GATE , NMIMS etc. The average course fee ranges between INR 2000 -INR 5,00,000

PhD Finance syllabus deals with the advanced study of Valuation of Shares, Privatization and Globalization, Meaning and definition of Business Environment, Cost and Management Accounting, Industrial Growth and Structural Changes, etc

Some of the top PhD Finance Colleges are IIT Madras,Indian Institute of Foreign Trade, New Delhi, and many more. IIMs offer doctoral programs under the name of Fellow Program in Management or commonly referred to as the FPM.

4.1
4.2
4.3
4.4
6.1

PhD in Finance: Course Highlights

The following are the list of course highlights that the aspirants must keep in mind about opting for PhD in Finance

Course Level	Doctorate
Full-form	Doctor of Philosophy in Finance
Duration	3 years
Eligibility	Completed post graduation in courses like Accountancy, Economics or Mathematics with minimum 55% marks.
Mode(s) of Education	Regular
Admission Process	Entrance test
Course Fee	INR 5,000- INR 5,00,000
Average Salary	INR 3 LPA - INR 8 LPA
Job Positions	Stockbroker, Statistician, CFA, Credit Control Manager, Finance Manager, Corporate Banking Executive, etc.
Top Recruiters	HCL, TATA Consultancy, Accenture, Genpact, Vodafone, Oracle, Accenture, Reliance, Bajaj, Airtel, etc.

PhD in Finance: What is it About?

A PhD in Finance is a research-driven course which leads to an advanced-level academic and research career in Finance and economic studies.
Those who wish to seek admission to the course must possess skills like - analytical, logical, managerial and leadership skills.
Finance is basically the study of Accounting, Economics, Financial Management and any such related fields.
PhD in Finance students are trained in topics like Statistics, Investments, Economics and Corporate Finance Theory.
The students also get to explore various markets and financial products in their course curriculum.
PhD in Finance is a research-related course that is especially meant for a research-based career or an academic career
While most institutes require the candidates to already have a Master's in Business Administration , some of them admit students to PhD in Finance directly after completing their bachelor’s. .

Why Study a PhD in Finance?

A PhD in Finance course can give you multiple career opportunities and will lead you to a bright and prosperous future. Those who wish to seek a job in the academic sector (i.e. lecturer or research fellow in b-school) absolutely need this degree.

Some of the main reasons as to why one should choose to pursue a PhD in Finance are as follows :

High Salary - The average salary earned by a PhD in Finance graduate ranges between INR 4 LPA- INR 8 LPA. This salary increases on the basis of experience, according to the website Pay Scale the average salary of a PhD in Finance graduate is around INR 12,50,000 PA. Apart from these the aspirants are offered perks and other benefits such as DA, Provident Funds, Travelling expenses and medical insurance.
Career Options - The students may pursue either an academic or an industrial career upon completion of the course. Both the career options are equally prosperous. In the academic career they have the option to pursue the career option as that of a professor, lecturer or associate professors. In the industrial sector they have the option to pursue a career as a Market research analyst, Investment bankers, etc.
Job Security - Most of the PhD Finance graduates tend to work in academia that provides tenure and job stability. In the case of industrial jobs they are mainly hired in top level positions mainly as consultants are considered to be stable and have lower attrition rate.
Financial Management - It helps the student to know about various important topics related to Finance. Learning techniques regarding the complete organization of money in businesses and banks is a part of the course curriculum.
Financial Understanding - Those who pursue a PhD in Finance or Economics tend to clearly see today’s global financial problems and help to rectify the flaws.
Opportunity to Turn Entrepreneur- Candidates who have completed their PhD in Finance have the opportunity to turn entrepreneur. Candidates can pursue a career as a part time professor in several government and private colleges. Also they can set up their own business and provide consultations to the various individuals or companies.

Who Should Study PhD in Finance?

Aspirants who want to pursue a career in finance, can pursue a PhD in Finance course
Candidates who want to pursue a career as a professor should pursue the course.
Candidates who have completed their PG courses in elevant streams such as MBA Finance , MCom Finance can opt for the PhD in finance for better career prospects.
Candidates who are working professionals can opt for this course for better career options. However, the candidates must have the relevant qualifications.
Candidates who want to pursue a career as an associate professor or lecturer can also opt for the course.
Candidates who want to pursue a research based degree should opt for the PhD in Finance course.

PhD in Finance Admission Process

Students are admitted to PhD in Finance on the basis of entrance test score and their performance in the personal interview. Although the admission process for PhD in Finance is different for most of the universities, the candidates are expected to appear for the admission process which comprises Written Entrance Exam and Personal Interview.

Let us discuss the admission process in much more detail so that you can have a clear idea about the admission process.

PhD in Finance Eligibility

The PhD in Finance candidates will have to fulfil the following eligibility criteria:

The students must complete his/her post-graduation in courses like Accountancy, Economics or Mathematics from a recognized university. Candidates from the MBA Finance Stream are also eligible for the application to the PhD in Finance Course.
The student must also have a minimum of 55% marks in their post-graduation course. A relaxation of 5% marks is given to the SC/ ST/ OBC/ PwD candidates.
There is no upper age limit for application to the PhD course.

PhD in Finance Admission

Step 1: Registration- The candidates are required to visit the entrance examination authorities website and register themselves with a email or phone number and develop a login ID
Step 2: Fill the application form - The students will have to fill up the application forms of the respective institutes from where they would like to pursue their PhD in Finance. The application forms can be filled up online. The candidates are required to provide the detail of their preferred entrance exam cities and also provide the necessary academic details
Step 3: Upload the various documents- The candidates are required to upload the various documents in preferred size and format. The candidates are then required to pay the application fees and take out a receipt for future reference.
Step 4: Appear for the entrance test - Candidates required to appear for the entrance examination.. Different Universities conduct their own admission tests. Based on their performance in the entrance test, the students are called for the interview.
Step 5: Appear for the interview - After the results of the entrance test are declared, the selected students are called for an interview. The interview may take place in multiple rounds. The candidates are required to provide a presentation of their thesis and the areas where they will work during their PhD study.
Step 6: Admission to the college - The students who clear the interview will be called for further admission procedure and they will be allowed to take admission to that respective university.

Note: applicants are advised to keep a tab on the university websites and newspapers for all the latest updates regarding admission.

PhD in Finance Entrance Exam

Most universities offering PhD Finance in India, conduct an entrance test for admitting students to the course. Only those who successfully clear the entrance examination are later asked to appear for an interview.

Although a huge number of institutions in India offer admission into PhD through their own selection tests, most universities offer acceptance into the program through the GATE Entrance assessment and UGC NET. A few popular entrance tests for the PhD in Finance course are as follows:

UGC NET Exam : The National Eligibility Test (NET) is conducted twice a year. The examination is conducted in 84 subjects.

RMAT : AIMA and Aligarh Muslim University admit PhD students based on their performance in Research Management Aptitude Test (RMAT). AIMA has decided to conduct the exam in June end of this year.

SIU PET Exam : Symbiosis International University PET Exam is conducted for admission into the PhD programs offered by Symbiosis International University. The examination is held in June.

JNU PhD Entrance Exam : Jawaharlal Nehru University accepts the PhD students on the basis of the marks acquired by them in the entrance test. The examination is conducted in the month of June.

GTU PhD Entrance Exam : Gujarat Technological University (GTU) conducts an entrance test for admitting the PhD students. The application forms can be filled until July and the examination is held in August.

Exam Name	Registration Date	Exam Date
(December Session)	September , 2024 – October , 2024	December , 2024
	To be Announced	To be Announced
SIU PET	To be Announced	To be Announced
JNUEE	To be Announced	To be Announced

How to Prepare for the entrance test?

In order to score well in the entrance test, a candidate must prepare accordingly for the examination. Since a PhD is considered as the highest degree attestation, the applicants may need special educational training to crack the exam.

Here are a few points that you must keep in mind while you are preparing for the test.

Go through all the major topics that are included in the syllabus.
Try to find the weightage of the different subjects and prepare a time table accordingly.
Donate more time to the tougher chapters and try to revise all the topic covered during the week on Sunday
Don’t forget to practise loads of questions once you are done with the syllabus.
Try to practice the questions from the previous years.
Appear for the online Mock tests. Try to use the internet to learn about the various shortcut methods so that you can save time in the entrance examination.

Furthermore, those who wish to ace the test, must possess an in-depth knowledge of Finance and Accounting subjects.

How to get admission in a good college?

Getting admission to a very good college isn’t a cakewalk and students must prepare well in advance in order to be selected. So, here are a few things that you must remember if you wish to get admitted to a good college -

You must possess a reasonably good score in their postgraduate degree. A minimum 55% score is expected.
If your college conducts an interview round, then you must be well prepared for it.
You must be well aware of the type of questions that are frequently asked in an interview.
A very good score in the entrance test will increase your chances of getting admitted to a good college.

Also, interested candidates must have an idea about the placement scenario and the facilities offered by the college to the students.

PhD in Finance Syllabus

The course prepares its students about the challenges faced in multinational and MSME companies. A unit-wise breakdown of the course structure is mentioned below -

Unit 1 – Business Environment

Second Generation reforms
Privatization and Globalization
Planning Policy
Meaning and definition of Business Environment
Liberalization
Legal Environment of Business in India
Industrial Policy
Industrial Growth and Structural Changes
Environment protection
Economic Policy
Consumer Protection
Competition Policy

Unit II – Financial and Management Accounting

Valuation of Shares
Responsibility Accounting
Ratio Analysis
Partnership Accounts
Liquidation
Financial Statements
Cost and Management Accounting
Capital and Revenue
Basic Accounting Concept
Advanced Company Accounts

Unit III – Business Economics

Sampling Errors
Utility analysis
Price determination in different Market Situations
Nature and Uses of Business Economics
Laws of Variable Proportion
Laws of Returns
Elasticity of Demand
Demand Analysis
Concept of Profit and Wealth Maximization

Unit IV– Business Statistics and Data Processing

Data Processing
Data Collection and Analysis
Correlation and Regression
Computer Application to Functional Area
Analysis and Interpretation of data

Unit V– Business Management

Principles of Management
Planning Process
Organizational Culture and Structure
Leadership and Control
Decision Making
Business Ethics and Corporate Governance

Unit VI– Marketing Management

Product decision
Pricing, Distribution and Promotion
Marketing Planning
Marketing Mix
Marketing Environment
Evolution of Marketing
Concepts of Marketing

Unit VII– Financial Management

Working Capital Management
Financial and Operating Leverage
Dividend Policy
Cost of capital; Capital Budgeting
Capital Structure

Unit VIII– Human Resource Management

Training and Development
Succession Planning
Role and Functions of HRM
Recruitment and Selection
Performance Appraisal
Industrial Relations
HR Planning
Compensation

Unit IX – Banking and Financial Institution

Reserve Bank of India
NABARD and Rural Banking
Importance of Banking to Business
Types of Banks
Development of Banking
Banking Sector Reforms in India

Thus, it's visible that the syllabus for the course includes topics that require the student to have a solid quantitative foundation, along with critical thinking, problem solving and communication abilities. The below-mentioned table lists the important books that cover advanced PhD in Finance topics -

Name of the Author	Book
Vaidya Nathan K.	Credit Risk Management for Indian Banks
John H. Cochrane	Financial Markets and the Real Economy
Robert Macintosh	Research Methods:Accounting & Finance
John C. Hull	Options, Future & Other Derivatives
Robert Mckinley	Managing Credit
Andrew W. Lo	The Econometrics of Financial Markets

PhD in Finance Top Colleges

ISB(Indian School of Business), just like the IIMs, offers an FPM course for those who wish to pursue PhD in Finance. Some of the top PhD in Finance institutes of India are mentioned below for your reference :

College Name	City	Average Total Fee
	Mumbai	INR 24,000
	Chennai	INR 33,600
	Noida	INR 3,00,000
	New Delhi	INR 4,05,000
	Bhubaneshwar	INR 2,25,000
	Silchar	INR 1,05,600
	Ahmedabad	INR 1,50,00
	Visakhapatnam	INR 2,20,000
	Greater Noida	INR 63,333
	Bangalore	INR 4,50,000

PhD in Finance College Comparison

The following are the table of comparison between the top PhD in Finance Colleges in India

College/ University Name	Shailesh J. Mehta School of Management, Mumbai	Department of Management Studies-IIT Madras	Indian Institute of Foreign Trade, New Delhi
Overview	SJMSOM is a part of IIT Mumbai and offers various management courses like Executive MBA, Management Development and PhD programs.	Known as one of the finest institutes in the country, it functions under IIT Madras. Apart from a PhD, DMS offers UG, PG as courses as well.	Indian Institute of Foreign Trade is another extremely popular educational institute of India and offers a huge variety of courses.
Location	Mumbai	Chennai	New Delhi
Collegedunia Ranking	1	2	3
Average Fees	INR 24,000	INR 33,600	INR 4,05,000
Eligibility	Minimum 55% in post-graduation	Minimum 55% in post-graduation	Minimum 55% in post-graduation
Admission Process	Entrance Test	Entrance Test	Entrance Test
Average CTC	INR 25 LPA	INR 14 LPA	INR 18 LPA
Top Recruiting Company	Amazon, IBM, Flipkart, Accenture, Wipro	HDFC Bank, Bank of America, Standard Chartered Bank, etc.	Amazon, Cognizant, SAP, HDFC Bank.

PhD in Finance Course Comparison

Doctor of Philosophy in Finance has a variety of applications and converges with many areas of business like debt, expansion and supply chain. Whereas the need for a theoretical understanding and research in PhD in Accounting might be limited. A detailed analysis of the two courses is mentioned below in a tabulated format -

Parameters	PhD in Finance	PhD in Accountancy
Abbreviation	Doctor of Philosophy in Finance	Doctor of Philosophy in Accountancy
Course Overview	Deals with the study of Accounting, Economics, Financial Management.	It mainly comprises aspects like operations in Accountancy and its related domains.
Eligibility	Post-graduation in courses like Accountancy, Economics or Mathematics	M.Com. in Accountancy or M.Phil. in any such related disciplines
Admission Process	Entrance Tests	Entrance Tests
Average Fee	INR 2,000- INR 5,00,000	INR 16,679 to INR 1,55,000
Average Salary	INR 4 LPA- 8 LPA	INR 7 LPA- 16 LPA
Job Areas	Finance and Banking sectors, consultancies, colleges, universities, etc.	Banking and Finance sectors, academic sectors, management sectors, etc.
Top Job Profiles	Stockbroker, Statistician, CFA, CA, Corporate Banking	Corporate Analyst, Financial Analyst, Investment Banker, Money Manager, etc.

PhD in Finance Job Prospects and Career Options

Finance PhD students are business minded and generally look for a more professional career. This can also include jobs in various finance companies. Some of the popular job profiles include Statistician, Stockbroker, Finance Manager, etc. The average annual salaries to which are somewhere between INR 4 LPA to INR 8 LPA.

Job Profile	Job Description	Average Annual Salary
Assistant Professor	Teaching Finance courses to junior-level (UG, PG, MBA) students.	INR 5,75,000
Professor	Usual work includes researching on ‘financial aspects’ of a society and teaching students.	INR 11,88,000
Stockbroker	Purchasing stocks and offering them to various retails and institutional customers by means of the stock exchange.	INR 3,25,000
Statistician	Deals with theoretical and applied statistics.	INR 3,68,671
Relationship Manager	A Relationship Manager works to maintain a good relationship with other competitors and clients.	INR 5,95,478
CFA	A CFA analyzes investments, stocks or companies.	INR 1,157,000
Financial Managers	Takes care of the financial health of the companies they work for and creates financial reports and plans.	INR 9,56,578

Salary Trends: Minimum vs. Maximum Salary

PhD in Finance Future Scope

Ph.D in Finance students may look for jobs in both the private and public sectors including accountancy firms and banking sectors as well. After completion of the PhD in Finance course, the students may go for research work or take up jobs in various research labs or may teach at several colleges and universities. Few popular divisions include:

Government and private sectors.
Corporations and consultancies.
Markets research.
Public accounting firms.
Budget planning.

PhD in Finance grads have quite a prosperous future and although the initial salary of the candidates may seem less, their income will increase with experience. The students may also carry out further research in their respective fields.

PhD in Finance FAQs

Ques. Is an Economics & Finance PhD worth it?

Ans. PhD is considered as the final milestone in the Indian academic curriculum. In case someone wishes to pursue a career in academics or research, then a PhD in Finance or Economics is definitely worth it.

Ques. Which is the best university for a PhD in Finance?

Ans. Some of the best universities for Finance in India are:

Department of Management Studies-IIT Madras, Chennai
Indian Institute of Foreign Trade, New Delhi
Alliance School of Business, Bangalore

Ques. How are job prospects for Finance PhDs?

Ans. PhD in Finance has both academic as well as industrial job prospects in India. As an academic professional, you can seek jobs in colleges and universities. You can also look for jobs in finance companies and banks.

Ques. What are the best universities for a PhD in Finance abroad?

Ans. Some of the top universities include MIT, Stanford, Chicago, Berkeley, and many more.

Ques. What is the most popular entrance test for a PhD Finance course?

Ans. UGC NET is considered as the most popular entrance test for the course. Some Universities have their own entrance tests as well.

Que. What should be the average annual salary for a PhD in Finance student?

Ans. The average salary is anything between 4 LPA- 8 LPA

Ques. What is the eligibility criteria for PhD Finance?

Ans. The minimum eligibility criteria to pursue the course require at least 55% marks in post-graduation in courses like Accountancy, Economics or Mathematics.

Ques. Which course is better: PhD in Finance or PhD in Economics?

Ans. Both the courses have completely different course curriculum and if you perform well, then both the courses can be equally prosperous for you.

Ques. What is the average tuition fee for a PhD Finance in India?

Ans. The average tuition fee is between INR 2,000 to INR 5,00,000

Ques. Is there any scope of Government jobs for the PhD in Finance students?

Ans. Yes, you can look for jobs in various government sectors. Government banks also employ a PhD in Finance students.

Ques. What are the popular job profiles for PhD in Finance students?

Ans. Popular job profiles for PhD Finance students include - Assistant Professor, Stockbroker, Statistician, Relationship Manager, CFA, Financial Manager.

Vikas's Review On Atharva Institute Of Management Studies - [AIMS], Mumbai

College events.

Talking about campus life brings back many memories associated with it. The cultural fest and academics were very important part of the college life. The competitions and conference gave good exposure to surrounding world.

Campus Life

Campus is very vast and secured with camera for safety. It has large library with thousands of books, magazines, news papers and national and international journals. It has nice canteen, playgrounds and common rooms.

Shivam Bharadwaj's Review On Institute Of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV], Indore

the main reason was its free structure,the fees is very low for a good institute like ims, and the college diversity is also good,mba in finance open many things for you, the career aspects are good jobs like investment banking which pay a good amount are offered after mba,the location acdemics fees city everything was considerable

Course Curriculum Overview

i felt the curriculum is bit outdated according to current scenerio requirement,teachers are good, but the college time is not that hectic,u get time for other activities too,industrial exposurue provided is not sufficient,must be more,classes time must be increased,faculties are good and experienced

Akansha Patil's Review On ICFAI Business School - [IBS], Mumbai

I only applied to this college and due to my CAT score I was selected easily in the first round and I choose finance because that is at the top for placement and package is really good in that course and after taking admission I got to know that they have really big companies for placement and also have international connection. So you can get chance to work abroad

Internships Opportunities

Yes, I did internship in L&T Infotech in finance department and there was no stipend but they provide you food and travel accommodation. The company like this comes every year to select students for the internship you just have to sit for the drive and give interviews if you get selected then you get chance to work with them

Karan Sahu's Review On ITM University, Gwalior

My physical classes still have to start but I have sen the campus It is a bit far away from the city, as we have to go to Naya Raipur and it is basically the outskirts of the city but the campus is worth watching All facilities of sports and wifi are provided that what the college authority has told me as I still have to go and experience myself

The advantage that I have observed here is that it keeps updating the curriculum and keep adding the industry-based knowledge that definitely helped us in terms of placement as well as in internships DR. RITU TAKSANDE madam of our college is the best faculty for the MANAGEMENT and the experience she has is almost 10 years

Ph.D. (Finance) : 3 answered questions

Ques. which is the best university for a phd in finance.

● Top Answer By Aditya Sengupta on 15 Apr 21

Ques. How good is the EFPM program from IIM Rohtak?

● Top Answer By Aryan Singh on 10 Jan 23

Ques. I am interested in a quantitative finance-oriented Ph.D., so should I apply for an FPM in the Finance/Control area or Decision Sciences in IIM Bangalore?

● Top Answer By Anshul Gupta on 21 Dec 22

Ph.D. (Management Studies)

M.phil. (management), ph.d. (business administration), ph.d. (marketing), ph.d. (human resource management), ph.d. (finance) colleges in india.

IIT Madras - Indian Institute of Technology - [IITM]

IIMC - Indian Institute of Management

Department of Management Studies, IIT Madras - [DoMS IIT Madras]

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM]

Department of Business Economics, University of Delhi - [DBE]

KJ Somaiya Institute of Management

Amity University

Balaji Institute of International Business - [BIIB]

Subscribe to our news letter.

2025 Finance Graduate Programme

🔍 london, england, united kingdom.

Location – The City of London

Salary

£ 40,000 k + benefits

What we're looking for

We're looking for graduates who have a keen eye for numbers, an analytical mind-set and an appetite for challenge to join our Finance division on our 2025 Graduate Programme. Our Accounting & Finance Graduate Programme is the perfect start for a graduate looking to become a qualified accountant and build their long term career in Finance. 

About Schroders

Schroders is a global investment manager which helps institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future. 

Our purpose is to provide excellent investment performance to our clients through active management. By serving clients, we serve wider society. Channelling capital into sustainable and durable businesses accelerates positive change in the world. Funding the future is a privilege: we use it wisely and responsibly.

We employ over 5700 talented people worldwide operating in 37 different locations across Europe, the Americas, Asia, Africa and the Middle East, close to the markets in which we invest and close to our clients.

Schroders has developed under stable ownership for over 200 years and long-term thinking governs our approach to investing, building client relationships and growing our business.

The base

We're based in the City of London - close to our clients, in the heart of the UK’s financial centre and have everything we need to work flexibly.   

The department

Finance underpins every organisation, and at Schroders it's a vital function helping support the wider business. The Finance department at Schroders serves a multitude of functions across the group. Some of its key activities include setting finance policies, reporting financial performance, and providing applications to support different business areas across the globe.

The Programme

As a graduate in the Finance department you will be exposed to a range of activities which will provide you with an excellent grounding in finance and the day-to-day application of finance know-how to business activities. 

         You will be encouraged to develop a broad range of financial expertise and you'll also get a chance to work in partnership with different business areas which will give you a wider understanding of how our business operates and the wider role the Finance function provides. 

        Some of your tasks as a Graduate in Finance will include:

      • Analytical reviews of monthly results and the production of commentaries for presentation to other Finance teams • Participation in the month end close, balance sheet controls and reporting processes • Developing an understanding of transfer pricing and management accounting allocations  • Supporting Finance and the wider business with ad-hoc requests for analysis • Potential to be involved in budget process and projects as they arise 

        Along with the IMC, as an Accounting & Finance Graduate you will be supported through a professional qualification, either the Chartered Institute of Management Accountants (CIMA) or the Association of Chartered Certified Accountants (ACCA). 

        What you'll be like      • Good interpersonal and communication skills • Numerate and analytical – you'll have solid numerical skills and a high attention to detail • Organised, diligent and methodical • Collaborative and flexible - happy to get involved in variety of tasks and projects • Passionate – you'll be passionate about building a long term career as an Accountant

The knowledge, skills and qualifications we're looking for

An honours degree or equivalent – we're not fussed when it comes to your degree subject or predicted grade
You will be in your final year of study or already graduated

Why join us:

Gain the Investment Management Certificate (IMC) in your first few weeks. The IMC benchmark entry-level qualification into the UK investment profession
Gain a professional qualification relevant to the role over the course of the programme
Benefit from a series of immersive and engaging training sessions equipping you with the skills you need to adapt to the world of work, hit the ground running and make an impact – training covers industry knowledge, technical and soft skills training
Attend "Lunch and Learns" / "Coffee Hours" led by senior people across the business – your chance to build contacts in the industry and grow your professional network
Access to a buddy – You’ll be paired with a team buddy who will support you during the first few months, both before and after you join the Graduate Programme, helping you integrate smoothly into the team and the business.
Access to Employee Assistance Programme – providing you with access to 24 hour confidential telephone counselling and a comprehensive online source of information on a range of issues, including Mental Health
Free use of private GP Service  
On-site staff restaurant  
Free use of on-site gym

Recruitment process

1. Online application form and CV 2. Online assessments 3. Online video interview 4. Assessment centre

Candidates should be available to start the graduate programme on 18th September 2025.

If you think you may require disability-related adjustments at any stage of the recruitment process, please contact [email protected] our disability partner EmployAbility (employ-ability.org.uk) for a confidential discussion and advice.

We recruit on a rolling basis and may choose to close this role earlier than advertised. Therefore we recommend you apply as early as possible to avoid disappointment.

We recognise potential, whoever you are

Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought facilitated by an inclusive culture will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristics.

We regret to inform you that, for graduate roles, we are unable to consider applicants who do not have the legal right to work in the UK.

Previous Job Searches

Create and manage profiles for future opportunities.

My Submissions

Track your opportunities.

Similar Listings

 London, England, United Kingdom

Post Date: 1 day ago

For applicants applying for positions with Schroder Investment Management North America Inc. (SIMNA): SIMNA endeavors to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the SIMNA HR Team at [email protected]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications. SIMNA is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. Please view SIMNA’s EEO POLICY STATEMENT . If you’d like more information on your EEO rights under US law, please view EEO IS THE LAW POSTER , EEO IS THE LAW POSTER SUPPLEMENT and PAY TRANSPARENCY POSTING .

Log in
Site search

Business Development Graduate - Newcastle - Summer 2025

Company KEYENCE
Salary £33,000
Location Newcastle upon Tyne

Job description

Are you a motivated graduate looking to develop your career in sales? Then the Business Development Graduate role at KEYENCE will be a great fit for you.

As a Business Development Graduate, you will be empowered to be the CEO of your territory and manage your own clients.

No two days will be the same as a Business Development Graduate at KEYENCE. Three days a week will be field based, which will involve driving to client sites, demonstrating our products and selling them directly to customers. The other two days will be spent collaborating with your team in the office, calling customers to find new business opportunities and nurture already existing relationships.

Your journey with KEYENCE will start with our comprehensive in-house training programme which incorporates classroom-style learning and on the job training with experienced sales mentors. This will provide you with a strong technical understanding of our products and will help you develop the commercial mindset to sell our products to clients.

Training and development never stop at KEYENCE. We offer continuous training so you can keep improving your skills, such as sales skill training, leadership training, and management training. We offer continuous opportunities for you to keep improving your skills, such as sales skill training and leadership training. And our 100% promote-from-within policy means that today’s graduates are the managers of tomorrow!

Starting Salary - £33,000 + Location Allowance
Quarterly Bonus (Guaranteed minimum bonus year 1 = £5,000)
Company Car for Business and Personal Use
Advanced Company Pension with Aviva
Life & Critical Illness Cover
Employee Assistance Programme
Private Healthcare (including audiological, dental and optical cover, as well as subsidised Gym Membership)
Full Expensed Business Travel and Accommodation
Laptop and Mobile Phone

What we are looking for

Degree-educated in any discipline
Winning mentality
Must be eligible to work in the UK by the time the role commences.
Must have a full driving licence, valid in the UK

Accepted degree subjects

Additional job details.

plus location allowance

How to apply

Click Apply to start your application now. This job will be available on Prospects until 31 October 2024

Closing date: 31 October 2024

To stay safe in your job search we recommend that you visit SAFERjobs , a non-profit, joint industry and law enforcement organisation working to combat job scams. Visit the SAFERjobs website for information on common scams and to get free, expert advice for a safer job search.

IMAGES

Why Finance is a best career path to choose?
So you want a career in Finance? Infographic
PHD FINANCE || GOVT JOBS FOR PHD FINANCE || SCOPE FOR PHD FINANCE || CAREER AFTER PHD FINANCE || PHD
Careers in Finance
The 10 Best PhD Programs in Finance
Careers in Accounting and Finance

VIDEO

#How Do You Finance Your Business Considering Both Business & Financial Risk?
#Negative Relationship Between GDP Growth Rate & Market Return! Discussion of Reasons
#Why TO Join The MPhil in Management at Kathmandu University School of Management (KUSOM)?
The Life Science Industry Fundamentals 01: Opportunities & Industry Insights
Pursue PhD Or Take Up A Job? What To Choose?
PhD in Microbial Biology at Amity University Jaipur

COMMENTS

Is it worth doing a PhD to secure a job in finance?
Studying for a PhD can enable you to demonstrate some important traits of successful bankers; including a keen interest in and wider understanding of banking and global markets, high analytic ...
List of PhD Finance Careers
List of PhD Finance Careers. If getting a Ph.D. in finance or economics interests you, there are many job opportunities that open up aside from the typical careers that attract financial specialists. With a bachelor's or master's degree in finance, jobs like financial analyst, financial advisor or financial manager open up.
PhD in Finance: Requirements, Salary, Jobs, & Career Growth
A PhD in Finance usually entails extensive training in finance, economics, statistics, and research methods. It also necessitates the completion of a substantial research project, frequently in the form of a dissertation, in which the student conducts original research and contributes to the body of knowledge in finance.
The 10 Best PhD Programs in Finance
In essence, finance is the study of economics and the claims on resources. The best PhD programs in finance help you develop professionally so you can make difficult decisions around fund allocation, financial planning, and corporate financial management. This qualification will also equip you for a career in teaching or research at top universities.
Finance PhD
PhD students in finance study a wide range of topics, including the behavior and determinants of security prices, the financing and investment decisions of firms, corporate governance, and the management and regulation of financial institutions.
PhD to a Career in Finance
From your PhD to a Career in Finance, find out all you need to know to flourish in this thriving sector, with insights from Merrill Lynch.
Jobs for a PhD in Finance
A Ph.D. in finance enables job seekers to become more of an asset to employers because of their detailed knowledge of financial topics, and their ability to perform extensive research and reports. Ph.D. holders can work in a number of fields with different positions, including CFO, economist, and even a financial analyst or examiner.
Finance
The Programs PhD Fields of Study Finance. Finance. The field of finance covers the economics of claims on resources. Financial economists study the valuation of these claims, the markets in which they are traded, and their use by individuals, corporations, and the society at large. At Stanford GSB, finance faculty and doctoral students study a ...
4 PhD jobs in Finance
PhD Position on designing a recommender system for sustainable investments. Job descriptionDuring the project, you will closely collaborate with industry and a doctoral training network spread throughout Europe, including extended research stays abroad.The successful appli... Published 2 months ago. Closing in: 2024-09-30.
What Can I Do with a PhD in Finance?
A PhD in Finance prepares you for high-earning roles like university professor, investment researcher, and financial manager. Graduates can opt for academia, focusing on teaching and research, or high-stakes financial roles in public or private sectors. The degree offers competitive advantages in job opportunities, influencing compensation ...
PhD in Finance
PhD in Finance Degree Guide: Jobs and Salary Expectations with a Doctorate in Finance Finance is a complicated subject to master, and many financiers and investment bankers treat the field as if it is as much art as science.
PhD in Finance in the United States: What You Need to Know
The specific requirements for pursuing a PhD in finance in the United States can vary depending on the program and institution, but generally you will need to have a bachelor's or master's degree in finance or a related field, such as economics or business. Additionally, you will need to have a strong academic record, particularly in math ...
Is It Worth It to Get a PHD in Financial Planning?
If you work in financial planning or want to pursue a career in the field, you may wonder about the value of getting a Ph.D. in financial planning. Earning this diploma can open up unparalleled opportunities for employment in teaching, research and consulting. However, it also requires a significant investment of time and money. And, unlike master's and bachelor's degrees and advanced ...
PDF 2023 Graduate Outlook Survey
Finance degrees preferred Finance has replaced healthcare and medicine as the top ranked profession in terms of career prospects. One-quarter of graduates consider finance the top career sector - up from #5 in 2021 Finance is considered the most stable career post-pandemic, followed by STEM - both up from 2021
58,000+ PhD Finance Jobs, Employment August 23, 2024| Indeed.com
58,861 PhD Finance jobs available on Indeed.com. Apply to Finance Manager, Operations Associate, Operations Manager and more!
Considering a PhD in finance : r/FinancialCareers
It's a big decision to commit to any phd and I am scared about doing that in finance - what are the industry prospects like? I tried searching on the internet but it isn't super clear and I would really appreciate some insights. I will definitely pursue a more quantitative research topic and hopefully use my cs (machine learning) and math background when doing my thesis.
PhD Careers: What to Do After a PhD?
From teaching and lecturing to non-academic careers: we've explained what you can do after finishing a doctorate and the transferrable skills you'll get from a PhD.
20 Career-Worthy Industry Jobs for PhD Graduates
Discover key industry jobs for Ph.D. graduates ready to start a career outside of academia with salary information and job responsibilities.
Finance graduate schemes 2024
Find out about the different finance graduate schemes run by leading employers in 2024. These programmes can provide a structured pathway into your chosen career.
Unlock Financial Insights: Guide to Pursuing a PhD in Finance
Several prestigious institutions in India offer a PhD in Finance program, which is a research-oriented course that provides a deeper understanding of financial concepts. To pursue this program, candidates must pass entrance exams and have a minimum overall score of 55% in their relevant master's degree.
Graduate finance jobs
When it comes to graduate banking jobs, you could work in a front, middle or back-office role, providing products and services to a range of clients. Actuary. Compliance officer. Corporate investment banker. Corporate treasurer. Financial adviser. Financial manager.
PhD in Finance Course, Colleges, Subjects, Abroad, Salary, Scope 2024
PhD in Finance is a research-related course that is especially meant for a research-based career or an academic career While most institutes require the candidates to already have a Master's in Business Administration, some of them admit students to PhD in Finance directly after completing their bachelor's. .
2024 Most Valuable Finance Degree Programs Ranking in America
Graduates frequently express optimism about job prospects, with many securing positions before graduation. Earning Potential: Graduates can expect competitive salaries, averaging around $101,038 annually. One graduate shared their excitement about starting at $55,000, with the potential for significant salary increases as they gain experience.
2025 Finance Graduate Programme
We're looking for graduates who have a keen eye for numbers, an analytical mind-set and an appetite for challenge to join our Finance division on our 2025 Graduate Programme. Our Accounting & Finance Graduate Programme is the perfect start for a graduate looking to become a qualified accountant and build their long term career in Finance.
Business Development Graduate
As a Business Development Graduate, you will be empowered to be the CEO of your territory and manage your own clients. No two days will be the same as a Business Development Graduate at KEYENCE. Three days a week will be field based, which will involve driving to client sites, demonstrating our products and selling them directly to customers.
Master of Science in Data Science (MSDS)
These careers, which have excellent prospects for growth and high compensation, are in high demand in industries such as finance and banking, technology, real estate, insurance, education, e-commerce, retail and marketing, and transportation and logistics. ... Some of our graduates are also furthering their studies in PhD programmes at world ...