Decision, Risk and Financial Sciences, Ph.D. | University of Melbourne | Melbourne, Australia
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Ph.D. On Campus

Decision, Risk and Financial Sciences

60 months
Duration
45824 AUD/year
Free
Unknown
Unknown
Unknown
Apply date
Unknown
Start date

About

The Doctoral program in Decision, Risk and Financial Sciences at the University of Melbourne in the Department of Finance provides training in the conceptual principles and research techniques across the social, biological and mathematical sciences fields that analyse human decision-making and problem-solving in the context of risk and complexity at individual and market levels. 

Overview

Students will draw on experimental methods and conceptual principles to deliver solutions to key research questions relating to decision-making, risk and financial sciences.

The Doctoral program in Decision, Risk and Financial Sciences at the University of Melbourne is made up of a 2-year Master of Commerce coursework program followed by a 3-year PhD.

Generous scholarships (full fee waivers and a stipend of AUD$30,000 per year) are available for high-performing applicants through the University of Melbourne.

Top-up funding of AUD $10,000 available for research, experiments and conferences during the research phase of the program.

Training is provided by leading researchers from the Faculty of Business and Economics, the Faculty of Medicine, Dentistry and Health Sciences, the Florey Institute of Neuroscience and Mental Health, and the Melbourne School of Engineering. It includes two lab rotations in labs at the University of Melbourne or elsewhere.

Where will this take me?

The Melbourne Business School Doctoral program prepares graduates for research and teaching careers at top-ranked educational institutions and for careers where world-class research and advanced analytical skills are necessary.

Programme Structure

Key areas of study include:

  • Individual decision-making: Experimental investigation of the neurobiology of decision-making and learning (decision neuroscience), with a focus on decisions in the presence of risk (e.g., extreme events) and complexity (e.g., combinatorial problems); human-robot interaction in financial decision-making (e.g., robo-advisors).
  • Group decision-making: Experimental investigation of decision-making and learning in small groups.
  • Financial markets: Experimental investigation of decision-making in financial markets (experimental finance), e.g.: emerging intelligence through markets; dark markets; algorithmic trading; human-robot interaction in markets; combinatorial double-sided markets.
  • Development of software: online double-sided markets platform; app development with interactive games/tools needed to overcome cognitive biases.

Key information

Duration

  • Full-time
    • 60 months

Start dates & application deadlines

Delivered

On Campus

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

Other requirements

General requirements

In order to be considered for entry, you must have completed:

  • a four-year bachelor degree in a relevant discipline which includes a substantial research component equivalent to at least 25% of one year of full-time study and have achieved a minimum weighted average of 75% (80% for Economics) in the final year subjects or (University of Melbourne) equivalent, or
  • a masters degree in a relevant discipline which includes a substantial research component equivalent to at least 25% of one year of full-time study and achieved a minimum weighted average of 75% or (University of Melbourne) equivalent, or
  • a qualification and professional experience considered to be equivalent.
  • CRICOS Code: 056955G

Tuition Fee

To always see correct tuition fees
  • International

    45824 AUD/year
    Tuition Fee
    Based on the tuition of 45824 AUD per year during 60 months.
  • National

    Free
    Tuition Fee
    Based on the tuition of 0 AUD per year during 60 months.

Living costs for Melbourne

1501 - 2659 AUD /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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Scholarships Information

Below you will find PhD's scholarship opportunities for Decision, Risk and Financial Sciences.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

Independent provider
Grant
40000 AUD
Deadline
13 Oct 2024
Veterans’ Fund Indigenous Scholarships
Merit-based

Read more about eligibility

American Australian Association (AAA)
Location not available
Independent provider
Grant
40000 AUD
Deadline
30 Apr 2024
Veterans’ Fund Graduate Scholarships
Merit-based

Read more about eligibility

American Australian Association (AAA)
Location not available
Independent provider
Grant
50000 INR
Deadline
31 Mar 2024
UniCreds Fly High Scholarship
Merit-based

Read more about eligibility

Unicreds
Location not available
Independent provider
Grant
5000 AUD
Deadline
15 May 2024
Federation University - MACC Scholarship
Merit-based Need-based

Read more about eligibility

The Malaysian Australian Alumni Council (The MAAC)
Location not available
Independent provider
Grant
3500 USD
Deadline
15 Nov 2024
ACES Scholarships
Merit-based Need-based

Read more about eligibility

ACES Education Fund
Location not available
Independent provider
Grant
2000 AUD
Deadline
Not specified
International MVC Scholarship
Merit-based

Read more about eligibility

Meridian Vocational College
Location not available
Independent provider
Grant
2000 AUD
Deadline
Not specified
MVC Vocational Education Scholarships
Merit-based

Read more about eligibility

Meridian Vocational College
Location not available
Independent provider
Grant
2000 AUD
Deadline
Not specified
MVC Young Chef’s Club Award
Merit-based

Read more about eligibility

Meridian Vocational College
Location not available
Independent provider
Grant
1000 USD
Deadline
30 Nov 2024
ServiceScape Scholarship
Merit-based Need-based

Read more about eligibility

ServiceScape
Location not available
Independent provider
Grant
1000 AUD
Deadline
Not specified
MVC Access Scholarships
Merit-based

Read more about eligibility

Meridian Vocational College
Location not available
Independent provider
Grant
Various benefits
Deadline
14 Oct 2024
Fulbright U.S. Student Program
Merit-based Need-based

Read more about eligibility

U.S. government
Location not available
Independent provider
Grant
32192 USD
Deadline
30 Aug 2024
International PhD Scholarships
Merit-based

Read more about eligibility

QIMR Berghofer Medical Research Institute
Location not available
Independent provider
Grant
1600 USD
Deadline
30 Apr 2024
Mozida African Master Scholarship
Merit-based

Read more about eligibility

Mozida Foundation
Location not available
Independent provider
Grant
90000 AUD
Deadline
Not specified
World Universities Ramsay Postgraduate Scholarship
Merit-based Need-based

Read more about eligibility

The Ramsay Centre
Location not available
Independent provider
Grant
3000 USD
Deadline
31 Dec 2025
Scholarship for students with disabilities
Need-based

Read more about eligibility

Anonymous Hope Fund
Location not available
Independent provider
Grant
12000 USD
Deadline
30 Nov 2024
Tobacco Harm Reduction Scholarship Programme
Merit-based Need-based

Read more about eligibility

The Tobacco Harm Reduction Scholarship Programme
Location not available
Independent provider
Grant
3000 USD
Deadline
Not specified
Anonymous Hope Fund
Merit-based Need-based

Read more about eligibility

Anonymous Hope Fund
Location not available
Independent provider
Grant
3000 USD
Deadline
Not specified
AAPG Foundation Grants-in-Aid
Merit-based Need-based

Read more about eligibility

American Association of Petroleum Geologists Foundation
Location not available
Independent provider
Grant
1500 USD
Deadline
15 May 2024
iVisa Annual Scholarship
Merit-based

Read more about eligibility

iVisa
Location not available
Independent provider
Grant
1500 USD
Deadline
31 Mar 2024
The Annual IELTS from 6 to 9 Scholarship
Merit-based Need-based

Read more about eligibility

IELTS from 6 to 9
Location not available
Independent provider
Grant
1000 USD
Deadline
31 Oct 2024
$1,500 Annual Video Contest Scholarship
Merit-based

Read more about eligibility

IvyPanda
Location not available
Independent provider
Grant
1000 USD
Deadline
30 Jun 2024
$1,500 Annual Essay Writing Contest Scholarship
Merit-based Need-based

Read more about eligibility

IvyPanda
Location not available
Independent provider
Grant
500 USD
Deadline
30 Apr 2024
Biotin Xtreme Hair Care Annual Scholarship 2023: Empowering The Future Of Hair Care
General Scholarships

Read more about eligibility

Biotin Xtreme Hair Care
Location not available

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Decision, Risk and Financial Sciences
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