Ph.D. On Campus


Yale University

24 months
99250 USD/year
99250 USD/year
Tuition fee
Apply date
Start date


The PhD specialization in Finance at the Yale University is designed to give the student a strong background for study and research in both theoretical and empirical work in finance and related areas. 


  • Financial economics encompasses a broad area of topics and issues, including corporate investments and financing policy, security valuation, portfolio management, the behavior of prices in speculative markets, financial institutions, and intermediation.
  • The Finance program at the Yale University offers two courses specifically in financial theory and its applications. In addition, the faculty and doctoral students attend a seminar that features speakers from around the country. However, the specialization is built primarily around individual study and research under the guidance of the faculty.

Examples of potential areas of research for the financial economics dissertation:

  • Principal-agent relationships
  • Financial intermediation
  • Efficiency of markets
  • Portfolio selection

Programme Structure

Courses include:

  • Financial Economics I
  • Financial Economics II
  • Corporate Finance & Market Microstructure
  • Empirical Workshop in Accounting & Financial Economics
  • Topics in Empirical Asset Pricing
  • Stochastic Processes

Key information


  • Full-time
    • 24 months

Start dates & application deadlines


TOEFL admission requirements TOEFL® IBT


On Campus

Academic requirements

We are not aware of any academic requirements for this programme.

English requirements

TOEFL admission requirements TOEFL® IBT

Other requirements

General requirements

  • Applications are considered only once per year, and all new students begin their doctoral studies in the fall term. 
  • Classes are not offered on evenings or weekends, nor is it possible to be a student in the program while holding a full-time job. 
  • Applicants are required to take either the GRE or GMAT test.

Tuition Fee

To alway see correct tuition fees
  • International

    99250 USD/year
    Tuition Fee
    Based on the tuition of 198500 USD for the full programme during 24 months.
  • National

    99250 USD/year
    Tuition Fee
    Based on the tuition of 198500 USD for the full programme during 24 months.

Living costs for New Haven

1380 - 2110 USD /month
Living costs

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


  • All students admitted to the program are given full financial aid for five years as long as they continue to satisfy the program's academic requirements. The aid consists of a tuition waiver and a stipend that is comparable to stipends offered by other leading Schools of Management.

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.

Fresh content

Updated in the last 9 months

Check the official programme website for potential updates.

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