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Doctoral School in Economics and Finance, Ph.D.

  • Application Deadline
  • Unknown
University rank #201 (WUR) Luxembourg, Luxembourg
The Doctoral School in Economics and Finance at the University of Luxembourg aims at providing doctoral candidates with a high-caliber research environment meeting the standards of the best universities in Europe and North America.
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The doctoral candidates of this Doctoral School in Economics and Finance at the University of Luxembourg will focus on developing their ability to cope with new, original research questions and address them with up-to-date quantitative tools and methods. The objective is to train highly skilled professionals and to contribute to the dissemination and advancement of knowledge in economics and finance.

Through the collaboration of the School’s researchers with private partners as well as local and international public institutions, the doctoral candidates will have the opportunity to exchange with external experts and organizations.

The interdisciplinary nature of the School offers candidates a rich training environment and diversity of research topics, as well as a better opportunity of academic and professional placement within and outside Europe. The two research programs cover the following topics:

  • Economics, focusing on regional development, economic integration, environment policies, international economics, macro finance, macroeconomic growth and dynamics.
  • Finance, focusing on quantitative finance, risk management and financial governance, corporate finance, behavioral finance, law and finance, Islamic finance.

Career perspective

The doctoral school aims at supplying high qualification professionals in Economics and Finance, for careers in Luxembourg or abroad in

  • research centers and universities
  • the finance industry (e.g. banks and credit institutions)
  • economic and/or financial public institutions (e.g. public administrations, Central Banks, governments, Institutes for Statistics, the European Investment Bank, the European Commission)

Detailed Programme Facts

  • Programme intensity Full-time
  • Credits
    20 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Advanced Macroeconomics
  • Doctoral Seminar on Empirical Research in Finance
  • Research Seminars in Finance,
  • Job market seminar in economics and finance
  • NLP in Financial Economics
  • Game theory in supply chain management 



  • Program coordinator in Economics and current Head DSEF: Pierre Picard (Center for Research in Economic Analysis)
  • Program coordinator in Finance: Tibor Neugebauer (Luxembourg School of Finance) 

English Language Requirements

This programme may require students to demonstrate proficiency in English.

Academic Requirements

  • This programme does not recognise GRE® scores.

    The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. The GRE® General Test contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments.

General Requirements

  •  Holding a Master in Economics, Finance, Econometrics, Management with a strong quantitative background, and/or Master in Math, Physics, Engineering, and Quantitative Sciences (min 120 ECTS)

Having completed a preparatory training in Academic Research in Economics and/or Finance:

  • Either the completion of Master in Economics and Finance Research Track of the University of Luxembourg and the recommendation for a PhD by its examination board.
  • Or having completed equivalent research master courses in other programmes. Equivalence shall be checked by the DSEF PhD Admission Committee.
  • Research project (2 pages)
  • PhD Director at DSEF
  • Funding
  • Motivation letter (1 page)
  •  Reference letters

Tuition Fee

Living costs for Luxembourg

  • 1212 - 2070 EUR/month
    Living Costs

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


There are several possibilities to fund your PhD:

  • Teaching Assistant ships associated to a Professor.
  • BCL grant
  • UL Internal Funding on projects held by UL Professor
  • FNR funding
  • Students may be self-funded
  • Other funding.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.


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