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Business Administration - Finance, Ph.D.

  • Application Deadline
  • 60 months
    Duration
University of California, Berkeley
University rank #4 (BCR) Berkeley, CA, United States
In the last decade, the academic study of finance has experienced an infusion of new concepts and quantitative methodologies that places it among the most sophisticated and dynamic areas of business and economics.
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Overview

  • New developments in the traditional areas of finance-theory of rational investor portfolio choice, interpretation and determination of security prices, efficient corporate decision-making-have been approached from the perspective of a single integrating paradigm derived from economic theory. 
  • This has led to extensive joint teaching and research between the finance, applied economics, and accounting faculties at Berkeley. Academic contributions are having profound effects on financial practice.
  • A Haas PhD student interested in finance needs a strong course background in mathematics and statistics.
  • Students also attend frequent seminars to gain exposure to ongoing research, with speakers featured from other universities throughout the world. These seminars provide a forum for doctoral students to assess the relevance of academic research in their fields.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 60 months
  • Languages
    • English
    Get a free IELTS practice test
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Mathematical Tools for Economics
  • Economic Theory 
  • Econometrics
  • Asset Pricing Theory 
  • Macroeconomics
  • Corporate Finance 
  •  Empirical Asset Pricing
  • Empirical Corporate Finance

English Language Requirements

  • Minimum required score:

    90

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120.

  • Minimum required score:

    7

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Get a free IELTS practice test

  • Minimum required score:

    570

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks.

General Requirements

A complete application includes the following fields:
  • Academic History/ Transcripts 
  • Grades 
  • Three Letters of Recommendation 
  • Test Scores 
  • Evidence of English Language Proficiency 
  • Statement of Purpose 
  • Personal History Statement

Tuition Fee

  • International

    33958 USD/year
    Tuition Fee
    Based on the original amount of 16979 USD per semester and a duration of 60 months.

  • National

    33958 USD/year
    Tuition Fee
    Based on the original amount of 16979 USD per semester and a duration of 60 months.

  • In-State

    18856 USD/year
    Tuition Fee
    Based on the original amount of 9428 USD per semester and a duration of 60 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Berkeley

  • 1750 - 2820 USD/month
    Living Costs

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

Funding

In conjunction with the regular financial aid programs of the university, the Haas School of Business does its best to provide financial assistance to deserving PhD students. This usually takes the form of a financial aid package over four years of study at Berkeley and includes stipends, grants, fellowships, and other awards, plus tuition and fees. All financial aid is based on the satisfactory academic progress of the student. Students are automatically considered for departmental aid when they submit their application for admission and are notified about their award when they are accepted into the program.

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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