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Finance, Ph.D.

  • Application Deadline
  • 60 months
    Duration
University rank #31 (QS) , IL,
The Finance doctoral program provides students with rigorous training in finance, economics, mathematics and statistics. These tools, plus opportunities for supervised independent research, enable students to make their own contributions to the understanding of financial markets and institutions that lead to productive research careers. 

About

The program aims to produce scholars who develop rigorous and creative research in finance and economics. Students are exposed to a variety of research methods in their coursework, and interact closely with faculty as they develop their own research projects. A distinctive characteristic of our program is its close ties with the Department of Economics, which are fostered by joint seminars, mutual advising of students, and frequent collaboration on research projects. The academic interests of the finance faculty also span a very broad range of topics in finance, from the role of culture and trust in financial markets to the identification of jump risk premiums. The breadth of knowledge and interests of our faculty create an environment that encourages students to conduct advanced research in novel aspects of the field.   

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 60 months
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Active Research Areas: Current theoretical and empirical research in Finance spans the areas of asset pricing and corporate finance. Research topics include corporate governance, household financial decisions, macro-finance, financial crises, the pricing of securities in financial markets, international finance, financial history, development economics, market microstructure, regulation, and financial econometrics.

English Language Requirements

  • 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.

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  • Minimum required score:

    100

    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. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    600

    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. Read more about TOEFL®PBT.

    Schedule TOEFL®

General Requirements

  • Academic Background
  • Statement of Purpose
  • Transcripts
  • Resume
  • Recommendation Letters
  • Test Scores
  • Certification of Proficiency in English

            Tuition Fee

            Living costs for Evanston

            • 1100 - 1500 USD/month
              Living Costs

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

            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.

            The Global Study Awards: get funded with up to £10,000 to study abroad

            Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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