University of Alberta

Ph.D. On Campus
48 months
9250 CAD/year
5635 CAD/year
Tuition fee
Apply date
Start date


Finance is the branch of economics that deals with capital markets. Possible specializations within finance include corporate finance, corporate control, asset pricing, portfolio theory, derivatives, market microstructure, behavioural finance, financial institutions, international finance, and valuation.


The study of finance focuses on the basic principles of the business world in general and addresses the ways in which individuals, business entities and other organizations allot resources over time. An applied branch of economics dealing with the problems of allocating financial resources (with particular attention given to the art of decision-making under conditions of uncertainty), finance is closely allied with the liability side of an organization's balance sheet.

The programme

Business statistics is a field of study characterized by the use of mathematical and computer models for decision-making. Using tools and techniques from the fields of management, mathematics, information technology, engineering and psychology, it is applied in virtually all areas of business and government. 

Business statistics increases the extent to which statistical thinking is embedded in management philosophy. As statistics become more important in a wide variety of today's business decisions (from planning and interpreting market research and economic data to developing work volume forecasts), such knowledge can play a key role in informing, monitoring and helping the decision-making process.

Programme Structure

Courses include:

  • Econometrics
  • Applied Econometrics
  • Time Series Analysis
  • Stochastic Processes
  • Multivariate Data Analysis 
  • Applied Business Analysis of Time Series and Panel Data

Key information


  • Full-time
    • 48 months

Start dates & application deadlines




On Campus

Academic requirements

GPA admission requirements GPA Your GPA, or Grade Point Average, is a number that indicates how well or how high you scored in your courses on average. Usually a GPA scales between 1.0 and 4.0, however different countries and universities can have different grading systems.
GRE admission requirements GRE® The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. It 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.
GMAT admission requirements GMAT The Graduate Management Admission Test (GMAT) is a test intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA. GMAT contains 4 sections - Analytical Writing Assessment, Integrated Reasoning, Quantitative and Verbal. The score has a range from 200 - 800.

English requirements

TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at designated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
Start practicing IELTS today!

Other requirements

General requirements

Admissions to the Business PhD program are based on the following criteria

  • Previous academic record: Applicants must have an undergraduate degree from a recognized university and sufficiently high grades. They should also have a grade point average (GPA) for the last two years of full-time study of at least 3.0 out of 4.0 on the University of Alberta grade scale and from Canadian or American schools with a comparable scale.
  • GMAT or GRE score
  • Letters of reference
  • Statement of purpose
  • Availability of a suitable supervisor
  • Summary

Tuition Fee

  • International

    9250 CAD/year
    Tuition Fee
    Based on the original amount of 9250 CAD per year and a duration of 48 months.
  • National

    5635 CAD/year
    Tuition Fee
    Based on the original amount of 5635 CAD per year and a duration of 48 months.


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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