phd in finance scholarships

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The field of finance covers the economics of claims on resources. Financial economists study the valuation of these claims, the markets in which they are traded, and their use by individuals, corporations, and the society at large.

At Stanford GSB, finance faculty and doctoral students study a wide spectrum of financial topics, including the pricing and valuation of assets, the behavior of financial markets, and the structure and financial decision-making of firms and financial intermediaries.

Investigation of issues arising in these areas is pursued both through the development of theoretical models and through the empirical testing of those models. The PhD Program is designed to give students a good understanding of the methods used in theoretical modeling and empirical testing.

Preparation and Qualifications

All students are required to have, or to obtain during their first year, mathematical skills at the level of one year of calculus and one course each in linear algebra and matrix theory, theory of probability, and statistical inference.

Students are expected to have familiarity with programming and data analysis using tools and software such as MATLAB, Stata, R, Python, or Julia, or to correct any deficiencies before enrolling at Stanford.

The PhD program in finance involves a great deal of very hard work, and there is keen competition for admission. For both these reasons, the faculty is selective in offering admission. Prospective applicants must have an aptitude for quantitative work and be at ease in handling formal models. A strong background in economics and college-level mathematics is desirable.

It is particularly important to realize that a PhD in finance is not a higher-level MBA, but an advanced, academically oriented degree in financial economics, with a reflective and analytical, rather than operational, viewpoint.

Faculty in Finance

Anat r. admati, juliane begenau, jonathan b. berk, greg buchak, antonio coppola, peter m. demarzo, darrell duffie, steven grenadier, benjamin hébert, arvind krishnamurthy, hanno lustig, matteo maggiori, paul pfleiderer, joshua d. rauh, claudia robles-garcia, ilya a. strebulaev, vikrant vig, jeffrey zwiebel, emeriti faculty, robert l. joss, george g.c. parker, myron s. scholes, william f. sharpe, kenneth j. singleton, james c. van horne, recent publications in finance, behavioral responses to state income taxation of high earners: evidence from california, beyond the balance sheet model of banking: implications for bank regulation and monetary policy, fee variation in private equity, recent insights by stanford business, cashless: is digital currency the future of finance, nine stories to get you through tax season, “geoeconomics” explains how countries flex their financial muscles.

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The 10 Best PhD Programs in Finance

In essence, finance is the study of economics and the claims on resources. The best PhD programs in finance help you develop professionally so you can make difficult decisions around fund allocation, financial planning, and corporate financial management. This qualification will also equip you for a career in teaching or research at top universities.

Which of the 10 best finance PhDs is best for you?

Read on to learn everything you need to know.

Table of Contents

Why Get a Doctorate in Finance?

According to the Bureau of Labor Statistics (BLS), finance managerial professionals have an average salary of $131,710  per year, and jobs are estimated to grow by 17%  from 2020 to 2030. This is much more than the average across all occupations. With a PhD in finance, you may work as a finance manager or even become a CEO of a large corporation.

Jobs and Salaries for Doctors of Finance

After earning a PhD in finance, you can find well-paid jobs as a professor or in various corporate finance roles.

Here are some of the most common finance professions with the average annual salaries for each:

• Financial Manager ( $96,255 )
• Financial Analyst ( $63,295 )
• Finance Professor ( $73,776 )
• Chief Financial Officer ( $140,694 )
• Investment Analyst ( $67,730 )

Read More:   The Highest Paying PhD Programs

What’s the average cost of a phd program in finance.

The tuition for a PhD in finance can vary depending on the university, with public institutions generally being much more affordable than private ones.

Across all schools, the average tuition is around $30,000 per year.

However, on top of this, you need to factor in other expenses, which could add up to another $30,000 a year. Some top universities offer full funding, including tuition and a stipend for all students who are successfully admitted to the program.

Read Next: The Average Cost of a Master’s Degree in Finance

Top finance phd programs and schools, stanford university, graduate school of business.

PhD in Finance

Stanford University is one of the most prestigious business schools in the world. Its PhD in finance programs has an emphasis on theoretical modeling and empirical testing of financial and economic principles.

• Courses include: Financial markets, empirical asset pricing, macroeconomics, and financial markets.
• Duration: 5 years
• Tuition : Full funding
• Financial aid: Research & teaching assistantship, grants, outside employment, and outside support.
• Delivery: On-campus
• Acceptance rate: 5%
• Location: Stanford, California

The University of Pennsylvania, The Wharton School

The University of Pennsylvania’s renowned Wharton School of Business is home to faculty who are well-known in the field of business research. The school boasts a low student-faculty ratio in an atmosphere that allows you to work with faculty members as peers. This doctor of finance program emphasizes subjects like asset pricing, corporate finance, and portfolio management. This helps students become experts in research and teaching in these areas.

• Courses include: Topics in asset pricing, financial economics, and international finance.
• Credits: 18 courses
• Financial aid: Fellowships, grants, student employment, health insurance, stipend, and loans.
• Acceptance rate: 9%
• Location: Philadelphia, Pennsylvania

The University of Chicago, Booth School of Business

Booth School of Business is a major center for finance education because its faculty includes Eugene F. Fama, Nobel laureate and the father of modern empirical finance. This finance doctoral degree has an option for a joint PhD in collaboration with the university’s economics department.

• Courses: Financial economics, financial markets in the macroeconomy, and behavioral finance.
• Tuition : Refer tuition page
• Financial aid: Grants, stipends, health insurance, scholarships, fellowships, teaching assistantships, research assistantships, and loans.
• Acceptance rate: 7%
• Location: Chicago, Illinois

The University of Illinois at Urbana-Champaign, Gies College of Business

The University of Illinois at Urbana Champaign is one of the best places for studying and conducting research in finance. Its finance research faculty was ranked #4  in the UTD Top 100 Business School Research Rankings between 2016-2019. In this PhD in finance program, students can take the qualifying examination at the end of the first year and, if successful. They’ll be able to start their research project earlier and complete the degree sooner.

• Courses include: Empirical analysis in finance, corporate finance, and statistics & probability.
• Duration: 4-5 years
• Financial aid: Full tuition waiver, stipends, scholarships, grants, student employment, and loans.
• Acceptance rate: 63%
• Location: Champaign, Illinois

Massachusetts Institute of Technology, Sloan School of Management

The Sloan School is one of the top research centers in the world, which aims to transform students into experts who can handle real-world problems in a wide range of spheres, from business and healthcare to climate change. This PhD program in finance gives students the flexibility to choose between a wide range of electives and even study some courses at Harvard.

• Courses include: Current research in financial economics, statistics/applied econometrics, and corporate finance.
• Duration: 6 years
• Financial aid: Full tuition, stipend, teaching assistantships, research assistantships, health insurance, fellowships, scholarships, and loans.
• Location: Cambridge, Massachusetts

Northwestern University, Kellogg School of Management

The Kellogg School of Management allows students to conduct independent research under the supervision of faculty who’ve made significant contributions to the field and have earned numerous prestigious awards. This doctorate of finance program’s admission process has a dual application option. You can also apply to the Economics PhD simultaneously, so if you are not selected for the finance program, you may be considered for economics.

• Courses include: Econometrics, corporate finance, and asset pricing.
• Duration: 5.5 years
• Financial aid: Tuition scholarship, stipends, health insurance, moving allowance, and subsidies.
• Location: Evanston, Illinois

The University of California Berkeley, Haas School of Business

The Haas School of Business in Berkeley is an innovative institution that questions the status quo, takes intelligent risks, and accepts sensible failures in its path to progress. This finance PhD program offers students opportunities to learn about cutting-edge research from faculty from around the world.

• Courses include: Corporate finance theory, stochastic calculus, and applications of psychology & economics.
• Tuition : Refer cost page
• Financial aid: Fellowships, grants, tuition allowance, stipends, teaching assistantships, and research assistantships.
• Acceptance rate: 17%
• Location: Berkeley, California

The University of Texas at San Antonio, Alvarez College of Business

The Alvarez College of Business is one of the forty largest business schools in the USA. It follows a comprehensive and practical approach to education that allows students to apply the knowledge they gain directly in the workplace. This PhD in finance encourages students to do collaborative research with the faculty, which helps them publish their own academic papers before they even complete the program.

• Courses include: Corporate finance, international financial markets, and microeconomic theory.
• Credits: 84 (post-bachelors)
• Financial aid: Scholarships, grants, work-study, teaching assistantships, research assistantships, research fellowships, and loans.
• Acceptance rate: 84%
• Location: San Antonio, Texas

Liberty University, School of Business

Doctor of Business Administration (DBA) in Finance

Liberty University is a non-profit institution among the top five online schools in the USA and has been offering fixed tuition fees for the past seven years. This is one of the best PhD in Finance programs you can do completely online. It aims to prepare students to address issues in business finance through research, best practices, and relevant literature.

• Courses: Managerial Finance, Investments & Derivatives, Business Valuation, etc.
• Credits: 60
• Duration: 3 years average
• Tuition : $595 per credit
• Financial aid: Grants, scholarships, work-study, veteran benefits, and loans.
• Delivery: Online
• Acceptance rate: 50%
• Location: Lynchburg, Virginia

Northcentral University

PhD in Business Administration (PhD-BA) – Finance Management

Northcentral University was founded with the objective of offering flexible, fully-online programs to working professionals around the world. This doctorate degree in finance online is flexible and allows you to design your own schedule. You will also get one-on-one personal mentoring from qualified faculty.

• Courses include: Business financial systems, business statistics, and business leadership & strategy.
• Duration: 84 months average
• Tuition: $1,105 per credit
• Financial aid: Grants, scholarships, and military scholarships.
• Acceptance rate: NA
• Location: Scottsdale, Arizona

Things To Consider When Choosing a Finance PhD Program

The right PhD program for you is a very personal decision and will depend on several individual factors.

However, these general questions will help you to make the right choice:

• Is the university properly accredited?
• Does the university conduct innovative and cutting-edge research?
• Are there renowned faculty members who you’ll want to work with?
• Do they offer subjects or specializations that match your career goals?
• What is the school’s placement history?
• What are the tuition fees, costs, and options for scholarships and financial aid?
• Does the program offer online study options?

It’s also important to consider if you want to pursue a career in academia or work in organizations as a senior finance professional. A PhD degree will generally set you up for a career in research or academia, while a DBA is more suited to a career in business or government.

Preparing for a Finance Doctorate Program

It’s important to start preparing early if you want to be selected for one of the best finance PhD programs.

These handy tips can help you put your best foot forward:

• Research the requirements of the best universities offering PhD in finance degrees, including pre-requisite subjects and qualifying grades. Keep these in mind when completing your bachelor’s or master’s degree.
• Understand your strengths and weaknesses in relation to the program’s requirements. Work on your weaknesses and continue to hone relevant skills.
• Read extensively in the field and keep up-to-date on regional and global developments.
• Join communities of finance professionals to build your network and be exposed to the latest knowledge in the discipline.

Skills You Gain from Earning a PhD in Finance

The most important skills you learn as a doctor of finance include:

• Communication skills, including writing and presentation skills
• Data analytical skills
• Economics and accounting skills
• Critical thinking skills
• Mathematical skills
• Analytical software skills
• Management and leadership skills
• Problem-solving skills

PhD Programs in Finance FAQs

How long does a phd in finance take.

PhD programs in finance usually take between three and eight years to complete.

Is It Worth Getting a PhD in Finance?

A PhD in Finance is a qualification that’s in high demand today. It is a terminal degree and can help you get top-level jobs with lucrative salaries in corporate or large organizations.

How Much Can You Make With a PhD in Finance?

With a finance doctorate, you can expect to earn a salary anywhere from around $45,000 to $150,000, depending on your experience, role, and the organization you work for. According to the BLS, the average salary for finance PhD holders is $131,710 .

What Do You Need To Get a PhD in Finance?

The admissions requirements vary depending on the program, but you’ll typically need a bachelor’s or master’s degree in finance. The programs can take three to eight years of coursework and research.

To apply, you’ll usually need to submit:

• Application
• Academic resume
• Academic transcripts
• Recommendation letters
• GRE or GMAT score
• Personal essay

Final Thoughts

With a doctorate in finance, you can build a rewarding career in academia, research, or the business sector. Like any doctorate, these programs ask for dedication and hard work. By planning early, you’ll set yourself up to pursue one of the best PhD programs in finance.

For more on how to build your career in the field, take a look at our guides to the best master’s degree in finance , the highest paying PhDs , and fully-funded PhD programs .

Lisa Marlin

Lisa is a full-time writer specializing in career advice, further education, and personal development. She works from all over the world, and when not writing you'll find her hiking, practicing yoga, or enjoying a glass of Malbec.

• Lisa Marlin https://blog.thegradcafe.com/author/lisa-marlin/ 12 Best Laptops for Computer Science Students
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About / Departments

Finance Department | PhD Program

Phd program.

Our faculty, ranked #1 worldwide based on publications in top finance journals (ASU Finance Rankings), consists of more than 30 researchers who study all major areas of finance, making it one of the largest finance faculty in the country. Stern’s finance faculty is highly rated in terms of research output, and faculty members sit on the editorial boards of all major finance journals.

The finance department offers an exceptionally large range of courses devoted exclusively to PhD students. Apart from core PhD courses in asset pricing and corporate finance, students can choose from a range of electives such as household finance, macro-finance, and financial intermediation. PhD students also enjoy the benefits of Stern’s economics department, NYU’s economics department in the Graduate School of Arts and Science (GSAS), and the Courant Institute of Mathematics.

Graduates of Stern’s Finance PhD program have been placed at leading research institutions such as Harvard, MIT, Chicago, Stanford, Wharton, Yale, and UCLA.

Holger Mueller , Finance PhD coordinator

More information on the Finance PhD

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• Accounting & Management
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Students in our PhD programs are encouraged from day one to think of this experience as their first job in business academia—a training ground for a challenging and rewarding career generating rigorous, relevant research that influences practice.

Our doctoral students work with faculty and access resources throughout HBS and Harvard University. The PhD program curriculum requires coursework at HBS and other Harvard discipline departments, and with HBS and Harvard faculty on advisory committees. Faculty throughout Harvard guide the programs through their participation on advisory committees.

How do I know which program is right for me?

There are many paths, but we are one HBS. Our PhD students draw on diverse personal and professional backgrounds to pursue an ever-expanding range of research topics. Explore more here about each program’s requirements & curriculum, read student profiles for each discipline as well as student research , and placement information.

The PhD in Business Administration grounds students in the disciplinary theories and research methods that form the foundation of an academic career. Jointly administered by HBS and GSAS, the program has five areas of study: Accounting and Management , Management , Marketing , Strategy , and Technology and Operations Management . All areas of study involve roughly two years of coursework culminating in a field exam. The remaining years of the program are spent conducting independent research, working on co-authored publications, and writing the dissertation. Students join these programs from a wide range of backgrounds, from consulting to engineering. Many applicants possess liberal arts degrees, as there is not a requirement to possess a business degree before joining the program

The PhD in Business Economics provides students the opportunity to study in both Harvard’s world-class Economics Department and Harvard Business School. Throughout the program, coursework includes exploration of microeconomic theory, macroeconomic theory, probability and statistics, and econometrics. While some students join the Business Economics program directly from undergraduate or masters programs, others have worked in economic consulting firms or as research assistants at universities or intergovernmental organizations.

The PhD program in Health Policy (Management) is rooted in data-driven research on the managerial, operational, and strategic issues facing a wide range of organizations. Coursework includes the study of microeconomic theory, management, research methods, and statistics. The backgrounds of students in this program are quite varied, with some coming from public health or the healthcare industry, while others arrive at the program with a background in disciplinary research

The PhD program in Organizational Behavior offers two tracks: either a micro or macro approach. In the micro track, students focus on the study of interpersonal relationships within organizations and the effects that groups have on individuals. Students in the macro track use sociological methods to examine organizations, groups, and markets as a whole, including topics such as the influence of individuals on organizational change, or the relationship between social missions and financial objectives. Jointly administered by HBS and GSAS, the program includes core disciplinary training in sociology or psychology, as well as additional coursework in organizational behavior.

Accounting & Management  

Business economics  , health policy (management)  , management  , marketing  , organizational behavior  , strategy  , technology & operations management  .

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The mark of highest achievement in finance scholarship.

The PhD in Business Administration with a concentration in finance is a research-oriented program designed to prepare students for professions in the academic and business communities. The program is an intensive course of study in the theory and empirical analysis of finance. Coursework is designed to introduce the student to all essential areas of finance, but the responsibility for mastering the material lies with the student. To be successful in this program, students must be committed to the highest level of academic achievement. A combination of classroom instruction, seminars, independent studies, and individual work with faculty prepares the student for continued research in the field of finance.

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DEPARTMENT OF FINANCE FINANCE FACULTY & STAFF PhD Student Directory & Placements

Research & Seminars

Our Areas of Research

• Capital structure
• Credit ratings
• Consumption-based asset pricing
• Corporate governance
• Corporate finance
• Financing decisions
• Financial derivatives
• Financial disclosure
• Financial innovation
• Financial intermediation
• Fixed-income securities
• Household finance
• Institutional investors
• Real estate finance
• Risk management

Phases of the PhD Program

The PhD program at LSU, similar to most research-oriented schools, has three distinct phases: (1) coursework, (2) general exams and (3) the writing of a dissertation and passing its oral defense. Each of these areas is covered in more detail below.

Coursework Expand accordion

Program of Study At the beginning of the program the student completes a "program of study." This official document outlines the intended coursework. Its purpose is to inform the student of exactly what courses will be required and how long the entire program will take to complete.

Establishing a Program of Study The program of study is initiated in the student's second semester. The program of study is determined by the doctoral advisor and the student. Once the student and the doctoral advisor have agreed on a program of study, an advisory committee, which oversees this program, is formed. Normally, the doctoral advisor chairs this committee and a representative from the student's minor field is also a member of this committee.

Making Changes in the Program of Study Frequently, changes in a program of study become necessary for a variety of reasons: scheduling conflicts, program changes, course numbering changes, etc. When such changes become necessary, the student must get the permission of the doctoral advisor in finance and the Associate Dean for Graduate Studies.

General Examination Expand accordion

The second major phase of the PhD program is the general examination. A request for the general examination must be submitted to the Pinkie Gordon Lane Graduate School by the chairman of the examining committee at least three weeks prior to the proposed examination date. At this time any changes in the program of study are noted and a 'Request for Change in the Program of Study for the Doctoral Degree' form is submitted by the college.

Timing of the General Exam Students who have completed all coursework in their major are eligible to take the general exam. This would normally be after the end of the fall semester of the third year of the program. The exam may not be taken while a student is currently taking a major course in the program of study or if an "Incomplete" grade is outstanding on major coursework. Under unusual circumstances and upon approval of the department and Pinkie Gordon Lane Graduate School, a student may take the exam while taking coursework in an area outside of finance or while taking a finance course not in his/her program of study.

The department requires a student to take the exam at the first opportunity of eligibility. Students seeking to defer the exam must petition, in writing, the chair of the finance department for permission. The petition must clearly state the reason for the requested deferral. An unexcused absence from a scheduled general exam is counted as a failure. Permission is not normally granted for postponement except in extraordinary circumstances. The general exams are customarily given during January. Under special circumstances, the exam may be offered at other times, by student petition.

What the General Exam Covers The general exam covers the entire field of finance and is not course specific. It is quite common for material not covered in the classroom to be included on the general exam. Students are expected to be familiar with the current literature and to be able to integrate their knowledge of finance.

General Examination Procedures The general examination is a written rigorous test of the student's grasp of the field of finance. Although the exact procedures for administering the exam may change from time to time, currently the General Exam is a six-hour in-class exam. Specific instructions are handed out prior to each General Examination.

The department chair assembles an examining committee of from 4 to 6 members, and designates a committee chair. All members of the examining committee are members (associate or full) of the graduate faculty. The role of the examining committee is to evaluate and vote on each exam. Only committee members have a vote on the exam, although all finance department members may submit questions for the exam, grade the exam and participate in discussions regarding performance on the exam. The general exam is blind-graded by the examining committee.

There are three possible outcomes of the general exam. One, the student may be deemed by the committee to have passed. For a student to pass the examination there may not be more than one dissenting vote. Two, for students who pass marginally, or for those students who perform poorly only on a certain portion of the exam, the committee may impose an additional examination. In these cases, the additional requirements are considered an integral part of the general exam and the student is not considered to have passed or failed until the additional requirements have been met. Three, the student may fail the general exam. Consequences of Failing the Examination

Students who fail the general examination are not permitted to take it again until the next scheduled offering. Sufficiently poor performance on the General Exam results in the revocation of the student's assistantship/fellowship. No one is permitted to take the general examination more than two times.

Time Limit No less than one academic year must elapse between the passing of the general examination and the completion of all requirements for the PhD degree. Programs for the doctoral degree must be completed within seven years from the time a student is classified as a doctoral student (GRAD7). This time limit may not be exceeded except by special permission of the dean of the Pinkie Gordon Lane Graduate School. Despite this Graduate School time limit, it is unusual for assistantship support to extend beyond four years.

Dissertation Expand accordion

The third and final requirement for the PhD degree is the writing of a dissertation and the passage of a final, oral examination. The dissertation must be a contribution to knowledge in its particular area and must demonstrate a mastery of research techniques, ability to do original and independent research and skill in formulating conclusions that in some way enlarge upon or modify accepted ideas.

The Dissertation Advisory Committee A dissertation advisory committee must be formed prior to the start of writing of the dissertation. This committee consists of at least four members (at least two of these must be full members) of the graduate faculty from the finance department and at least one member from the student's minor field. The advisory committee is formed by the student with the assistance of the PhD advisor. Normally the chair of this advisory committee must be a full member of the graduate faculty; however, under special circumstances including the approval of the department chair, the advisory committee may be chaired by an associate member of the graduate faculty.

The Dissertation Proposal Before officially beginning the dissertation, the student must prepare and successfully defend a written proposal. This proposal includes a description of (a) the intended research, (b) its place in the literature, and, (c) if empirical, sources of data, method of analysis and expected results. The formal defense is before the student's dissertation advisory committee and is open to the public. The purpose of the formal defense is to provide feedback and guidance to the student regarding the topic, method and quality of the proposed dissertation. Customarily the committee will have amendments and other requirements that must be added to the proposal before its final approval. The chairman of the committee indicates to the student the results of the proposal defense and, if the topic is approved, all additional requirements. A completed dissertation is one that, in the opinion of the committee, satisfies the plan of work described in the approved proposal, incorporating all amendments.

Composition of the Final Examining Committee The Dean of the Pinkie Gordon Lane Graduate School appoints the final examining committee, consisting of the student's dissertation advisory committee, and one or more additions, as representatives of the university graduate faculty.

Final Examination The final examination is the formal defense of the completed dissertation. Although the exam is normally conducted as an oral test primarily concerned with the dissertation and related problems, the examining committee determines procedures. Content may extend into subject matter related to major and minor fields even though well-removed from topics suggested by the dissertation. For the student to pass the final exam there shall not be more than one dissenting vote.

Fall Semester

Spring Semester

Second Year

Fall Semester 

Total: 54 Hours

The procedures for admission to the PhD program differ depending on whether the student is currently enrolled in a graduate degree program at LSU or not. Students currently enrolled at LSU in a graduate degree program have already been admitted by the Pinkie Gordon Lane Graduate School, and these students need only apply for admission through the College of Business and the Department of Finance. All other students must make a formal application for admission through the Pinkie Gordon Lane Graduate ​​School.

The admissions procedures require that each student submit credentials to the Pinkie Gordon Lane Graduate School. The critical decision regarding admission is made by a departmental committee. Please note that the departmental committee will not consider students whose file with the Pinkie Gordon Lane Graduate School is incomplete.

The PhD advisor for the program will not “pre-screen” an applicant’s credentials to estimate the likelihood of admission into the program should the applicant decide to formally apply. See the “Admission Standards” section below. Students are admitted to the program each semester. Although it is possible to apply for admission beginning in the spring term, most students begin in the fall, and the program of study is designed around a student entering for this term. Generally a student must have his/her admission file complete by February 15 for admission the following fall. Some students may be admitted after this date; however, most assistantship awards are made shortly after February 15.

General Admission Requirements

Admission to the PhD program is awarded on the basis of evidence of academic achievements and promise. Admission decisions are made only after receipt of all credentials, which include the following items:

• The completed application for admissions form. This form is available online (preferred) and from the Pinkie Gordon Lane Graduate School.
• Official transcripts of all college work done outside LSU.
• Scores of either the Graduate Management Aptitude Test (GMAT) or the Graduate Record Exam (GRE); these scores must be sent directly from the Education Testing Service to the Pinkie Gordon Lane Graduate School. The GMAT is preferred. The code for LSU is 6373.
• Scores from the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System (IELTS) for students who have completed degree requirements outside of the U.S. and whose native language is not English. The code for LSU 6373.

A campus visit to meet with the PhD advisor and finance faculty is strongly encouraged. This visit is at the applicant's expense and is arranged through the PhD advisor.

Note: Do not send registered mail that requires a signature form from the post office. Either send by regular mail or by an express carrier.

Admission Standards

Regular admission is considered for applicants who exceed the following minimum requirements:

• A four-year bachelor's degree from an accredited U.S. institution or the equivalent from an international institution.
• A grade point average of at least 3.00 (on a 4-point system) on all undergraduate work and a 3.40 GPA or better on any graduate work already completed.
• Acceptable GMAT or GRE scores. The department generally requires a GMAT score of 650 or higher (or comparable performance on the GRE). Those awarded assistantships typically have GMAT scores above 700. Performance on the quantitative sections of the exams is given greater weight than performance on the verbal sections.
• Satisfactory TOEFL or IELTS scores for international students. A TOEFL score of at least 550 on the paper-based exam, 213 on the computer-based exam, or 79 on the internet-based exam is required for consideration for a graduate assistantship. An IELTS score of at least 6.5 required for consideration for a graduate assistantship. The TOEFL/IELTS is waived if the student has completed a degree in the U.S.

It should be noted that these are minimum admission criteria and the satisfaction of these standards does not necessarily imply admission is assured. Other factors, such as the applicant's research interests and successful completion of graduate courses, the composition of the graduate faculty, the availability of support resources, and the ability of the program to support additional students also weigh in the admission decision.

English Language Competency

Upon arrival on campus and before registration, international applicants (except those who are citizens of Canada, Australia, New Zealand, certain Caribbean islands, or the United Kingdom) must take the LSU Comprehensive English Language Test. If the test indicates a deficiency in English, the student is required to register for the appropriate courses. In the case of a major deficiency in English, the Pinkie Gordon Lane Graduate School may require postponement of enrollment in graduate courses until proficiency is demonstrated. Graduate assistants are also required to participate in a speech interview.

Philosophy Concerning Assistantships Assistantship duties are an integral part of the PhD program and are treated as such. When the assistantship involves research work, the student uses this opportunity to develop and hone research skills. These skills are critical to a successful academic career. When the assistantship involves teaching, the student uses this opportunity to develop classroom skills and to enhance his/her understanding of finance. Because of the importance placed on the skills earned through assistantships, it is not common for a student to be admitted into the program without either a fellowship or an assistantship. Those students that are not awarded an assistantship are strongly encouraged to form a mentoring relationship with a faculty member.

Application for Assistantships All assistantship decisions are made after a student's full application package has been received. If the selection committee decides to pursue a particular student, a representative from the Department of Finance will contact the student via email with an assistantship application.

Assistantship Awards Awards are competitive, and their continuation depends on satisfactory assistantship performance as well as acceptable academic performance. Performance criteria include, but are not limited to, grades, research papers, progress toward the degree, and sitting for the general exam when eligible. Students receive a competitive stipend, and those on assistantship do not pay tuition and fees.

Responsibilities of Graduate Assistants Assistantships are typically twenty (20) hour per week assignments. Graduate assistants with teaching duties usually teach two sections of one undergraduate course. Graduate assistants with research duties are assigned to one or two faculty. In addition to these duties, graduate assistants may be assigned other duties by the PhD advisor or department chairman, such as work during the week of registration. All PhD students are expected to teach at least one semester during their program of study.

Performance Reviews At the end of each semester the doctoral advisor conducts a review of the performance of each doctoral student. The review consists of an evaluation of the student's classroom and assistantship performance. Any student who is not performing satisfactorily is notified and if performance does not improve, the assistantship may be revoked. It should be noted that, although the Graduate School considers a student with a 3.00 grade point average to be in good standing, the Department of Finance encourages students to maintain a minimum grade point average of 3.5. A year-end performance review is in writing and becomes part of the student's record.

Board of Regent Graduate Fellowships Applicants who are U.S. citizens may be eligible for a Board of Regents Graduate Fellowship (BRGF). A BRGF award entitles a student to $16,000 per year plus an amount equal to tuition and fees for up to four years of study. Students holding fellowships are not required to perform normal assistantship duties. However, all students are encouraged to work closely with faculty in the development of research projects. As with an assistantship, fellowship holders are expected to teach at least one semester during their program of study. More information can be obtained from the Department of Finance PhD student advisor.

Beyond the PhD

Our alumni enjoy successful careers in academia. Institutions that employ our graduates:

• American University
• Baylor University
• Belmont University
• Binghamton University
• Lehigh University
• National Taiwan University
• San Diego State University
• Sacramento State University
• Texas Christian University
• University of Mississippi
• University of Missouri – St. Louis
• University of North Texas

Faculty Feature

Don Chance Finance Professor & James C. Flores Endowed Chair of MBA Studies

When he took a job at a regional bank, Don Chance never expected that he would one day be the author of three books and numerous journal articles. Professor Chance’s research focuses on foreign exchange risk management, dividend rights as executive compensation, the performance of random securities analysts, the measurement of alphas from option strategies, corporate boasting, and companies that move from the NYSE to the Nasdaq. He is also involved in developing and authorship the derivatives and risk management curriculum in the Chartered Financial Analyst (CFA) program. In 2015, he received the C. Stewart Shepard Award for his many years of service to the CFA Institute in the development of its educational programs.

MEET MORE FINANCE FACULTY

2900 Business Education Complex 501 South Quad Dr. Baton Rouge, LA 70803 225-578-6291 [email protected]

Carlos Slawson

Director of Graduate Studies - PhD Finance Program 2927 Business Education Complex [email protected]  

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30 Fully Funded Ph.D. Programs

These fully funded Ph.D. programs are in fields like business, computer science, education and nursing.

(Getty Images) |

Many Ph.D. programs are fully funded.

Students interested in graduate research in various fields, from public health and English to computer science and engineering, have numerous options for Ph.D. programs that offer full funding. These programs typically provide waived tuition and fees and an annual stipend. Some also offer health insurance and other benefits. Gaining admittance into these small cohorts can be highly competitive, and the programs can be time-consuming . Here are 30 fully funded Ph.D. programs at U.S. colleges and universities. Keep in mind this is not a comprehensive list – there are others out there.

• Ph.D. in anthropology at the University of Chicago

Anthropology Ph.D. students at the University of Chicago can receive funding for up to eight years of study, assuming they are in good standing at the university. During that time, they will receive a full-tuition scholarship plus health insurance and a living stipend – which equated to $33,000 for the 2022-2023 school year – and can apply for external fellowships.

Ph.D. in biological sciences in public health at Harvard University (MA)

Harvard University's T.H. Chan School of Public Health in Boston offers a Ph.D. in biological sciences in public health that aims to provide students with expertise in disease prevention and treatment. This program includes tuition, a stipend and health insurance for five years as long as the student maintains satisfactory academic progress. International students receive the same benefits. Current research in the school's laboratories involves diseases like AIDS, cancer, diabetes, kidney disease, malaria and tuberculosis.

(Dominick Reuter) |

• Ph.D. in business at Massachusetts Institute of Technology

Students enrolled in the Sloan School of Management at the Massachusetts Institute of Technology can study a range of fields like organization studies, accounting and information technology. Those pursuing a Ph.D. will receive a full-tuition scholarship plus a monthly stipend of $4,267, capped at $51,204. They will also receive medical insurance, new laptops at the beginning of their first and fourth years of study and $4,500 over five years for conference travel expenses.

(Tommy Lavergne | Rice University)

Ph.D. in business at Rice University (TX)

At the Rice University Jones Graduate School of Business in Texas, students enjoy full financial assistance upon admission to the Ph.D. program. Aiming to prepare students to teach in fields like accounting, finance, organizational behavior and strategic management, the program provides students with a research or teaching assistantship. Students receive a tuition waiver and a $40,000 annual stipend contingent on making satisfactory academic progress and maintaining full-time student status.

Office of Strategic Communication | University of Iowa

• Ph.D. in business at the University of Iowa

The University of Iowa's Tippie College of Business offers Ph.D. degrees in fields such as accounting, economics, business analytics and marketing. The college says it provides full funding to "virtually all admitted students." This includes tuition and fees, a minimum nine-month stipend of about $20,000 with annual adjustments and comprehensive health insurance covered at 90%. Some departments offer funding for research presentations at major conferences, summer fellowships and paid time off for independent research.

Ph.D. in chemical engineering at Cornell University (NY)

According to Cornell University 's website, all students admitted to the chemical engineering Ph.D. program at the New York school receive a full tuition waiver, health insurance and a stipend. This funding can come from a teaching assistantship, research assistantship or fellowship, and full stipends are granted for nine months with the likelihood of additional aid in the summer.

Chris Taggart | Columbia University

Ph.D. in clinical psychology at Columbia University (NY)

Students enrolled in Columbia University 's Ph.D. program in clinical psychology at the Teachers College in New York receive fully funded tuition and a $25,000 stipend annually for three years. The stipend also carries into a student's fourth year. These doctoral fellows "may be expected to serve" as graduate teaching or research assistants. Students typically complete the mentor-matched program, which includes a full-year internship, in five to seven years.

Ph.D. in computer science at Brown University (RI)

Brown University 's Ph.D. students in computer science have access to "full financial support while completing the degree," plus the option to take classes at nearby schools without incurring additional costs, according to the school's website. In fact, doctoral students in any program at the Rhode Island university are guaranteed five years of financial support, which includes tuition remission, a stipend, health services fees and a subsidy for health insurance.

Georgetown University |

Ph.D. in computer science at Georgetown University (DC)

Georgetown University 's Ph.D. program in computer science provides scholarships and assistantships that cover full tuition at the Washington, D.C., school and include a stipend and health insurance for the first five years. Once enrolled in the program, students must complete the Apprenticeship in Teaching Program and ultimately write and defend a full research dissertation in a seminar open to the public.

Ph.D. in computer science at Washington University in St. Louis

Ph.D. students in the computer science or computer engineering program at Washington University in St. Louis receive full tuition support and health insurance. According to the university's website: "As a doctoral candidate, you will also receive a generous stipend to cover living expenses and a new, high-end Apple laptop computer. This support is guaranteed as you continue to make satisfactory progress towards your degree." Doctoral students may also qualify for one of three fellowships.

Jeff Miller | UW-Madison

• Ph.D. in counseling psychology at the University of Wisconsin—Madison

Incoming Ph.D. students at the School of Education at the University of Wisconsin—Madison are guaranteed full funding for the duration of the time that they are expected on campus, according to the university's department of counseling psychology website. Doctoral students also receive a benefits package that includes health insurance. Funding may come from financial aid, fellowships, assistantships and/or traineeships.

Emory University |

Ph.D. in economics at Emory University (GA)

Students enrolled in the economics Ph.D. program at Emory University typically receive full funding, according to the Georgia university's website. The stipend provided to students is $36,376 per year for five years, starting in fall 2023, and the full tuition scholarship is worth $70,200 per year. Funding for admitted students also includes a $4,370 annual subsidy that covers 100% of a student's cost of health insurance. First-year students have no stipend-related work requirements.

• Ph.D. in education at New York University

New York University's Steinhardt School of Culture, Education, and Human Development offers more than 30 degree programs. Many can be pursued on campus or online. Ph.D. degrees are offered in areas like developmental psychology, educational leadership and childhood education. Full-time NYU Steinhardt Ph.D. students are eligible for a funding package that includes an annual stipend – $32,000 for the 2022-2023 academic year – tuition coverage for required coursework and student health insurance for five years.

L.A. Cicero, Stanford News Service |

Ph.D. in education at Stanford University (CA)

Stanford University's Graduate School of Education allows students numerous fellowship and assistantship opportunities at the California school, along with a "five-year funding guarantee that provides tuition aid, fellowship stipend, and assistantship salary, and covers the standard cost of attendance," the program website reads. At the Graduate School of Education, doctoral students can choose from a range of academic areas like curriculum studies and teacher education, and developmental and psychological sciences.

• Ph.D. in education at the University of Pennsylvania

The University of Pennsylvania Graduate School of Education provides full funding to Ph.D. students as part of a fellowship and research apprenticeship package. This funding includes a living stipend, health insurance and coverage of tuition and fees for up to four years if the student maintains full-time enrollment. Some students may also qualify for additional summer funding.

• Ph.D. in engineering at the University of Michigan—Ann Arbor

Doctoral students in engineering at the University of Michigan—Ann Arbor can choose from numerous areas of specialization under umbrella categories like aerospace engineering, biomedical engineering, macromolecular science and engineering, and robotics. All engineering doctoral students are guaranteed full funding, a monthly living stipend and health insurance. The exact amount can vary, according to the program's website, and funding comes from a range of sources, including graduate student instructor positions and fellowships.

Boston University Photography |

• Ph.D. in English at Boston University

Annually, doctoral students studying English at Boston University receive a stipend plus full tuition, fees and basic health insurance. This funding is guaranteed for at least five years, with two of those years typically free from teaching requirements. Funding can sometimes be extended up to seven years, according to the university's website, but it's not guaranteed. Students may also apply for various prizes, fellowships and short-term research and travel grants.

(Stephanie Diani) |

• Ph.D. in English at the University of California—Los Angeles

Applicants to the Ph.D. in English program at the University of California—Los Angeles are automatically considered for various funding options. A six-year funding package includes "a minimum of two years of full fellowship, four years of summer stipend support and up to four years of teaching assistantships," according to the school website. Beyond tuition, fees and health insurance are also covered.

Jeff Watts |

Ph.D. in international relations at American University (DC)

American University offers doctoral students in its international relations program who do not have external funding a renewable four-year Dean's Fellowship that is contingent on making satisfactory academic progress. The fellowship includes the cost of tuition, fees and a stipend that must be earned via a part-time role as a teaching or research assistant. Students also must "demonstrate competency in a modern foreign language" before graduating.

Jonathan Cohen | Binghamton University

• Ph.D. in management at Binghamton University—SUNY

All students admitted to the interdisciplinary management Ph.D. program at the Binghamton University—SUNY School of Management in New York receive a combination of a full-tuition scholarship and a teaching or research assistantship for each academic year, up to four years. This STEM-designated business doctoral degree prepares students for careers in academia and work in the public and private sectors, and has a student-faculty ratio of 1-to-1, according to the university's website.

Duke University Communications |

Ph.D. in materials science and engineering at Duke University (NC)

Doctoral students at Duke University in North Carolina studying materials science and engineering generally receive full tuition, a stipend and fee support for the first five years. Students also receive up to six years of health insurance if they are on the university's student medical insurance plan. The doctoral program aims to help students publish with a faculty adviser and develop research skills, with the opportunity to present research at professional conferences.

Homewood Photography | JHU

Ph.D. in nursing at Johns Hopkins University (MD)

The School of Nursing at Johns Hopkins University in Maryland provides most doctoral students with three fully funded years of study. Available financial aid includes graduate assistantships, targeted fellowships and nursing-specific funding. The university aims to "advance the theoretical foundation of nursing practice and healthcare delivery" with the degree, its website reads. "By graduation, most Hopkins nurse scholars have been awarded grants that continue their research and set them well on their way to a successful career."

• Ph.D. in nursing at the University of Virginia

All students admitted to the University of Virginia 's Ph.D. in Nursing program are eligible for four years of scholarship funding to cover tuition, insurance and fees, as well as annual stipends. To receive certain aid, students must work 10 hours per week as a graduate teaching assistant. With a heavy research focus, students can expect courses in qualitative, quantitative and historical research, and will have to submit a research proposal for peer review.

Ph.D. in nursing at Yale University (CT)

At Yale University in Connecticut, the School of Nursing offers full funding to its Ph.D. students. They receive a monthly stipend for four years in addition to paid tuition and health care. The program allows students to gain in-depth knowledge in a particular area of study. Every incoming Ph.D. student gets paired with a faculty adviser "whose area of expertise and active research most closely matches with the student’s scholarly interest," according to the school's website.

University of Minnesota |

• Ph.D. in psychology at the University of Minnesota—Twin Cities

Students admitted to the Ph.D. program to study psychology at the University of Minnesota—Twin Cities are guaranteed full funding for five years as long as they maintain satisfactory performance and degree progress. This funding includes full-time tuition, a nine-month stipend and subsidized health insurance. Funding comes from some combination of teaching assistantships, traineeships, research assistantships and fellowships. Students in the program can specialize in areas like cognitive and brain sciences, industrial-organizational psychology and social psychology.

Matt Cashore | University of Notre Dame

Ph.D. within the Romance languages and literatures department at the University of Notre Dame (IN)

University of Notre Dame doctoral students who focus on French and Francophone studies, Iberian and Latin American studies or Italian studies are guaranteed five years of funding. Funding includes a full scholarship, including tuition and fees, plus a stipend and health insurance. Anyone who completes the Ph.D. degree requirements at the Indiana university within five years will automatically receive a one-year postdoctoral fellowship via the university's 5+1 Program. Fellows will have a teaching load limited to one course per semester.

Ph.D. in social work at Bryn Mawr College (PA)

Students admitted to Bryn Mawr College 's Ph.D. program in social work receive full tuition waivers and "substantial stipends" toward living expenses. The Pennsylvania college's website says: "Consistent with our model, all Ph.D. students are funded equally, and do not compete for basic financial support during coursework." The program's cohorts typically include only three or four students each year. According to the college, it awarded the first Ph.D. degree in social work in the U.S. in 1920.

Vanderbilt University |

Ph.D. in special education at Vanderbilt University (TN)

Funding is guaranteed for all admitted doctoral students enrolled in the special education Ph.D. program at the Peabody College of Education and Human Development at Vanderbilt University in Tennessee. This includes full tuition, a "competitive" monthly stipend and health insurance for up to four years. Students may also be nominated for additional honor scholarships and fellowships. Areas of focus within the Ph.D. program include high-incidence disabilities and early childhood education.

Ph.D. in theatre and drama at Northwestern University (IL)

This interdisciplinary Ph.D. program at Northwestern University in Illinois combines coursework in humanities, social science and the visual arts. The program's students receive a five-year full-tuition scholarship plus an annual living stipend. Ph.D students enrolling at this program in fall 2022 will receive a living stipend of at least $36,960 during the 2023-2024 school year. Stipend amounts may change from year to year. Students can apply for subsidies to facilitate conference travel and summer language study.

(Photo by Sarah L. Voisin | The Washington Post via Getty Images)

• Ph.D. in women, gender and sexuality studies at University of Maryland

At the University of Maryland 's Harriet Tubman Department of Women, Gender and Sexuality Studies, Ph.D. students without a master's degree usually have five years of guaranteed funding. Those with a master's degree usually are funded four years, with awards stemming from a mix of departmental fellowships and graduate teaching assistantships. Since the program's establishment in 1999, the department has granted 36 Ph.Ds, according to UMD's website.

Learn more about paying for graduate school.

Finding a fully funded program isn't the only option to offset the costs of graduate school. See these seven strategies to pay for graduate school to learn more. Check out the latest Best Graduate Schools rankings to see the country's top business, medicine and law programs – and more. For additional grad school tips, follow U.S. News Education on Facebook , Twitter and LinkedIn .

Ph.D. programs that are fully funded

• Ph.D. in biological sciences in public health at Harvard University
• Ph.D. in business at Rice University
• Ph.D. in chemical engineering at Cornell University
• Ph.D. in clinical psychology at Columbia University
• Ph.D. in computer science at Brown University
• Ph.D. in computer science at Georgetown University
• Ph.D. in computer science at Washington University—St. Louis
• Ph.D. in economics at Emory University
• Ph.D. in education at Stanford University
• Ph.D. in international relations at American University
• Ph.D. in materials science and engineering at Duke University
• Ph.D. in nursing at Johns Hopkins University
• Ph.D. in nursing at Yale University
• Ph.D. within the romance languages and literatures department at the University of Notre Dame
• Ph.D. in social work at Bryn Mawr College
• Ph.D. in special education at Vanderbilt University
• Ph.D. in theatre and drama at Northwestern University

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PhD in Finance

Academic leadership. Deep collaboration. True excellence.

Chart your course to a career as a professor of finance under the guidance and instruction of our incredible faculty.

We’re known for forming close working relationships with our doctoral students and offer excellent research experience through joint projects.

Application and Admission Questions

[email protected] 520-621-7554

The Program

Program essentials.

Just a few select individuals are admitted as Finance PhD students each year, which means our faculty can work closely with each student and collaborate on joint projects. Throughout your program, you’ll prepare for an exciting career in scholarly research and teaching.

Explore the program

During the first two years of our program, you’ll devote yourself first to coursework and the beginnings of your own research projects, then your first research proposal presentation. During your remaining years, you’ll conduct research, write a dissertation and focus coursework more narrowly.

Explore the Curriculum

The best part of the Finance doctoral program at the University of Arizona is the people . There is no way I would have obtained a tenure-track position at Emory University as an Assistant Professor of Finance without all the support I received from the faculty, staff, and fellow doctoral students.

Aizhan Anarkulova '23 PhD (Finance)

Six Questions with Alice Bonaime Associate Professor of Finance

The Eller Experience means being part of a community that supports each other in our common goal of producing top-notch research and a high-quality educational experience for our students.

Read Profile

Doctoral Admissions Process

You’ll need to meet the minimum entrance requirements to apply (including a GMAT score of 650+ and GPA of 3.5+), and then apply online, plus have transcripts sent directly to the Department of Finance.

View Admissions PRocess

Finance PhD students receive full funding and have tuition waived and a living stipend of approximately $29,400 for serving as a graduate teaching assistant. Students are responsible for miscellaneous university fees of about $650 per semester.

View Funding Information

Application Deadline

January 15, 2024 :  Next Application Deadline for Fall 2024 Admission (Domestic and International)

Doctoral students are admitted only in the fall semester, and all application materials must be submitted online.

PhD Minor in Finance

Students from other University of Arizona doctoral programs can earn a PhD minor in finance by selecting one of two tracks and completing four graduate-level finance courses. There are two required prerequisites as well, both being offered in the summer prior to starting the program.

Explore The PhD Minor

Thanks to in-depth preparation and an entire team of faculty supporting students’ placement efforts, our newly-minted finance PhDs fare well, finding excellent positions in Tier-1 educational institutions such as the Emory University, the University of Oklahoma, and the University of Tennessee.

Explore Placement

Finance Faculty

With degrees from internationally recognized universities and a dedication to consistent publication in top finance journals, our faculty fuel a department-wide standard of excellence. They enjoy developing close research mentorships with our doctoral students and undertaking cutting-edge projects together.

Explore Faculty

Start Your Journey to the Top of Your Field

Small class sizes. A great faculty-to-doctoral-student ratio. Incredible research resources. A stellar track record. And you.

Contact us with any questions , or if you're ready to apply to the Eller Doctoral Program in Finance, just click below. We look forward to making breakthroughs together.

Personalise your experience

Graduate Research

Doctoral Program in Finance

• Arrow-right #8 Globally for graduate employability

Course overview

What is it about.

The Melbourne Business School Doctoral Program in Finance has the largest and most well-developed set of doctoral subjects on offer in Australia. Taught by the Department of Finance , which is internationally recognised for its world-class research and research training and augmented by visitors from the world's top finance programs.

The Doctoral Program in Finance is made up of a 2-year Master of Commerce coursework program followed by a 3-year PhD.

Generous scholarships are available for high achieving applicants, including full fee waivers and a stipend of AUD 37,000 per year (2024 RTP rate).

Research conference travel funding of AUD$15,000 is available to all confirmed PhD candidates.

Graduate Research candidates are provided with funding and encouraged to submit papers to prominent local and international finance journals and conferences. Students are also encouraged to apply for tutoring positions within the Department throughout their candidature.

Register to attend an information session

The Department of Finance also offers a Doctoral Program in Decision, Risk and Financial Sciences .

Related study areas

• Business and economics

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Top Fully Funded PhD Programs

Karla Ibarra is a content writer at Scholarships 360. She has worked as an English teacher and writing tutor. As a writing tutor, she has experience editing scholarships and college application essays. Karla graduated from Texas A&M University with a degree in Communication and a minor in English.

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Maria Geiger is Director of Content at Scholarships360. She is a former online educational technology instructor and adjunct writing instructor. In addition to education reform, Maria’s interests include viewpoint diversity, blended/flipped learning, digital communication, and integrating media/web tools into the curriculum to better facilitate student engagement. Maria earned both a B.A. and an M.A. in English Literature from Monmouth University, an M. Ed. in Education from Monmouth University, and a Virtual Online Teaching Certificate (VOLT) from the University of Pennsylvania.

Fully funded PhD programs offer students seeking their doctor of philosophy degrees the ultimate experience. With the average cost of a PhD at nearly $100,000 , students are able to focus on their studies without worrying about paying for their degrees or living expenses. Keep reading to learn about some of the top fully funded PhD programs in a variety of majors.

What is a “Doctorate of Philosophy” degree?

A “doctorate of philosophy” degree, better known as a PhD, is among the highest level degrees in the United States. A PhD is awarded after the successful completion of an extensive research and writing project known as a dissertation. Students can earn a PhD in a variety of fields, with most majoring in the humanities or social sciences. 

Further reading: What is a PhD?

How we chose the fully funded PhD programs on our list

We looked for programs that have stellar reputations in their respective majors. It makes sense that the most reputable programs offer the resources that are most important to  PhD students. Working with distinguished professors in their field and having access to outstanding libraries, PhD students will be immersed in the ideal learning environment. 

Opportunities to learn under and network with the most well regarded academics is invaluable for students’ future careers. Finally, we looked for fully funded programs that include not only full tuition coverage, but also living stipends and health insurance. A few of the programs might require students to “give back” in the way of graduate assistantships , so keep that in mind as you read the fine print on each website. 

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The top fully funded phd programs.

The following list is in alphabetical order with no preference for one particular program. We included a variety of majors in different regions, but remember, this is just the start of an exhaustive listing of fully funded PhD programs across the USA and the world!

Boston College’s PhD in English

The PhD in English Program at Boston College prepares students for careers in academia or other English related fields. With a focus on critical thinking, writing, and research, the program explores  literature through abstract, cultural, and historical contexts. Students are able to focus on various literature periods, creative writing, and literary theory.. Working closely with renowned faculty, the program offers abundant resources and support services including fellowships and publishing opportunities. 

• Location: Chestnut Hill, Massachusetts
• Focus of study : Creative writing, critical theory, and literary and cultural studies
• What is included : Full tuition remission, health insurance, and a living stipend

Brown University PhD in Computer Science

Brown University offers a PhD program in Computer Science for students interested in a strong foundation in computer science theory and applications and opportunities to conduct research in collaboration with faculty and peers. Brown’s computer science department has research strengths in artificial intelligence, data science, cybersecurity, computer graphics, and theory. The program is designed to provide students with the skills and knowledge needed to conduct independent research in computer science and to prepare them for academic or industrial careers.

• Location: Providence, Rhode Island
• Focus of study : Algorithms, artificial intelligence, computer systems, databases, and more
• What is included : Full tuition, health insurance, and living stipend

Cornell University PhD in Chemical Engineering 

Cornell University offers a PhD program in Chemical Engineering to provide students with a broad foundation in chemical engineering principles and their application to solving real-world problems. The program aims to train students in core courses in chemical engineering, including transport phenomena, thermodynamics, and reaction engineering, while providing them with opportunities to conduct original research. Students in the program have access to state-of-the-art research facilities, funding opportunities, and a supportive community of faculty and fellow students.

• Location: Ithaca, New York
• Focus of study : Chemical engineering principles and research topics including biotechnology, energy, materials science, and process systems engineering
• What is included: Full tuition waiver, stipend, and health insurance

Duke University PhD in Literature

Duke University’s PhD program in literature prepares students for careers in academic research and teaching. The program offers a variety of courses in literary theory, criticism, and methodology, as well as opportunities to specialize in specific genres, periods, and cultures. The program also encourages interdisciplinary work, with opportunities to collaborate with scholars in other fields across the university. Graduates of the program have gone on to careers in academia, publishing, journalism, and other areas.

• Location: Durham, North Carolina
• Focus of study : Literary theory, research methods, and a range of cultural and literary texts
• What is included : Five years of living stipend, tuition, and fees support as well as six years of health and dental insurance

Harvard University PhD Program in Biological Sciences in Public Health

The PhD program in Biological Sciences in Public Health at Harvard University is designed for students who want to pursue research in the field of public health with a focus on biological sciences. The program focuses on the intersection of biology and public health, specifically emphasizing understanding the biological mechanisms underlying disease and developing strategies to prevent and treat illness. PhD students receive a rigorous education in both biological and public health sciences, preparing them to become leaders in advancing our understanding of human health and disease.

• Location: Boston, Massachusetts
• Focus of study : Cancer biology, environmental health, genetics, global health and infectious diseases.
• What is included : Competitive funding packages, including tuition waivers, stipends, and health insurance

Johns Hopkins University PhD in Nursing

The PhD in Nursing program at Johns Hopkins University is designed to prepare nurse scientists who will conduct research to advance nursing science and improve the health and well-being of individuals, families, and communities. The program is designed to be interdisciplinary, integrating knowledge from nursing, social and behavioral sciences, and biostatistics. PhD students may work as nursing faculty members, researchers, or policymakers, contributing to advancing nursing practice and developing nursing knowledge.

• Location: Baltimore, Maryland
• Focus of study : Aging and dementia care, cardiovascular and chronic care, community and public health, health systems and outcomes, and more
• What is included: Full tuition with a stipend for the first three years of study

New York University PhD in Education

New York University offers a PhD in Education through its Steinhardt School of Culture, Education, and Human Development. The program provides a solid foundation in education theory and research methods, including coursework, research apprenticeships, and independent research. Upon graduation, students are well-prepared to pursue careers in academia, research, policy, and leadership in educational organizations. They are also equipped with the skills and knowledge to contribute to developing and implementing policies and practices in education.

• Location: New York, New York
• Focus of study : Learning sciences, educational policy, educational technology, and curriculum development. 
• What is included: Annual stipend, tuition coverage for required course work, and health insurance through the fifth year

Princeton University PhD in Mathematics

Princeton University offers a PhD program in mathematics that is designed to prepare students for careers in academia, industry, or government. The program aims to provide a rigorous and comprehensive mathematics education, emphasizing both the theoretical foundations and applications of the discipline. Students take advanced courses in various mathematical fields, such as algebra, geometry, analysis, topology, and applied mathematics. Princeton’s program in mathematics is widely regarded as one of the world’s most prestigious and rigorous programs.

• Location: Princeton, New Jersey 
• Focus of study : Algebraic geometry, mathematical physics, number theory, and topology
• What is included: Full tuition and student health plan coverage

Rice University PhD in Business

Rice University offers a PhD in Business through its Jones Graduate School of Business, designed to prepare students for academic careers and research-oriented positions in industry and government. Students in the program take courses in microeconomics, econometrics, statistics, research methods, and business ethics. In addition to coursework and research, students in the program are encouraged to work as teaching or research assistants. Rice University’s PhD program provides students with a strong foundation in business theory and research methods, with opportunities to work with world-class faculty on cutting-edge research projects.

• Location: Houston, Texas
• Focus of study : Accounting, finance, management, marketing, and strategic management
• What is included : Waived tuition fees, a stipend to cover living expenses, health insurance, and may be eligible for research and travel funding to support their research projects

University of Chicago PhD in History  

The PhD program in History at the University of Chicago is a demanding but rewarding experience that prepares students for a career in academia as scholars or teaching in the field of history. The program focuses on developing students’ knowledge of cultural, intellectual, economic, political, and social history under the guidance of highly qualified faculty advisors. PhD students also have the opportunity to present their research at conferences and publish articles in academic journals.

• Location: Chicago, Illinois
• Focus of study : Ancient, contemporary, early modern, medieval, or modern history 
• What is included: Tuition, student health insurance, and a stipend for living expenses and research support

University of Michigan PhD in Engineering 

The PhD in Engineering at the University of Michigan is a top-rated program that prepares students for research and academic careers in various engineering disciplines, including biomedical engineering, chemical engineering, civil and environmental engineering, electrical engineering, and many more. PhD students are equipped with the skills and knowledge necessary to conduct independent research, develop new technologies, and advance the engineering field. The University of Michigan has a strong reputation for research and innovation, and the PhD program in Engineering provides students with ample opportunities to collaborate with faculty and industry partners.

• Location: Ann Arbor, Michigan 
• Focus of study : Materials science, mechanical engineering, electrical engineering, and computer science.
• What is included: Tuition waiver, monthly living stipend, and health insurance 

University of North Carolina PhD in Media and Communication  

The PhD program in Media and Communication at the University of North Carolina provides students with advanced knowledge and skills in media and communication theories, research methods, and critical analysis. Students can tailor their studies to their research interests by choosing from a variety of electives and seminars offered by the department. Graduates of the program have gone on to work in academia, media organizations, research institutions, and other industries where communication skills and media literacy are highly valued.

• Location: Chapel Hill, North Carolina 
• Focus of study : Media and politics, journalism studies, digital media, global media, media effects, and cultural studies
• What is included: Tuition and fees for three years, health insurance, a $20,000+ annual stipend, and support for research and travel

Frequently asked questions about fully funded PhDs

What does 'fully funded phd' mean, can international students apply for fully funded phds, how long does a fully funded phd program take, do i need to have a master's degree to apply for a phd, what is the difference between a phd and a professional doctorate.

Keep reading: PhD vs. Doctorate: Everything You Need to Know

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Postgraduate Taught

MRes Finance (Pathway to PhD)

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• Finance (Pathway to PhD) MRes

Masters applications for 2023 entry are now closed.

Applications for September 2024 will open on Monday 25 September. Applications are now open for programmes with a January 2024 start. View our programmes »

• The MRes in Finance (PhD pathway) is a two-year programme which allows you to specialise in finance and economics at the post-graduate level in preparation for progression to a PhD in Finance.
• Gain PhD-level training in a range of topics such as econometrics, finance theory and research methods used in finance and economics to prepare you for further study or employment
• You will receive instruction and guidance from our internationally respected academic staff who conduct and publish world-leading research
• Opportunity to finish at the end of year one and two with a level seven Post Graduate Diploma in Economic Studies and Post Graduate Diploma in Financial Economics.
• Fully funded scholarships are available for students who intend to progress onto a PhD in Finance at the University of Exeter

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Entry requirements

A first-class honours degree in finance or closely related subject, or a Merit in a MA/MSc in finance or closely related subject, with evidence of excellent mathematical ability.

Students who apply for University of Exeter Business School funding are required to submit GRE/GMAT scores.

We do consider all applications where there is evidence of exceptional performance in modules relevant to the programme of study.

Pre-Masters programme for international students

The  Graduate Diploma in Finance  run by the  INTO University of Exeter Centre  is a pre-Masters programme designed to enhance your subject knowledge, study skills and English ability. Successful completion of the Diploma (subject to achieving the specific grades of entry) gives students from overseas the skills needed for acceptance onto this Masters programme.

Entry requirements for international students

Please visit our entry requirements section for equivalencies from your country and further information on English language requirements .

English language requirements

International students need to show they have the required level of English language to study this course. The required test scores for this course fall under Profile B2 . Please visit our English language requirements page to view the required test scores and equivalencies from your country.

Course content

The MRes in Finance (PhD pathway) is a two-year programme which allows you to specialise in finance and economics at the post-graduate level in preparation for progression to the PhD in Finance.

In the first year, you will receive advanced PhD-level training covering both theoretical and empirical aspects of economics and econometrics with built in provision for training in econometrics software and research databases. During the second year, you will build on this foundation and choose specialisation subjects which will expose you to frontier research in finance and related disciplines (e.g. economics, business and management, or accounting) to develop your MRes dissertation.

The programme is highly analytical, the teaching will be research driven, and you will start developing research independence through the preparation of the MRes dissertation.

The modules we outline here provide examples of what you can expect to learn on this degree course based on recent academic teaching. The precise modules available to you in future years may vary depending on staff availability and research interests, new topics of study, timetabling and student demand.

Year 1 modules

Year 2 modules

2024/25 entry

Uk fees per year:.

£6,600 full-time

International fees per year:

£15,200 full-time

Scholarships

For more information on scholarships, please visit our scholarships and bursaries page.

*Selected programmes only. Please see the Terms and Conditions for each scheme for further details.

Find out more about tuition fees and funding »

Teaching and research

Assessments will be conducted via a combination of individual written coursework, group presentations, peer assessment of group work, written examinations, and MRes dissertation.

Supervision

Students will be assigned an academic tutor and a pastoral tutor from the first day of their MRes. During the MRes period you will have the opportunity to meet and discuss your research interests with a range of faculty members to help ensure you have the right fit in you continue to do a PhD. This is designed to expose you to various faculty members within the academic group on a rotation basis and also to provide a more integrated experience where you will have the chance to develop their ideas with junior faculty.

Dissertation module

In this module, you will write an academic dissertation under the supervision of one member of the faculty. The academic dissertation will allow you to demonstrate your ability at identifying and analysing a finance problem using economic models and/or econometric/statistical methods. You will come up with a topic of your own choice, which can be theoretical or empirical in nature, manage self-driven enquiry and write up a piece of research.

By solving statistical/mathematical problems and exercises during your dissertation project, you will be equipped with practical problem-solving skills, theorising skills, and an understanding of mathematical relationships. All of these are highly valuable in both academic and non-academic jobs.

Progression to PhD

Although the MRes can be studied as a two-year standalone programme, it is a pathway to PhD for the majority of students.

Progression on to the PhD is subject to meeting the eligibility criteria for the PhD. This includes (1) successful completion of the MRes (achieving at least an average of 60% across all modules and at least 65% in the Dissertation) and (2) the identification of a member of academic staff in the University of Exeter Business School who has agreed to supervise your PhD.

After the programme

The MRes programme will provide you with the knowledge and skills required to carry out PhD level research and subject to meeting the entry criteria (see above) you will be able to progress onto our PhD Finance programme.

The Business School is home to the following research centres

• Centre for Entrepreneurship
• Centre for Innovation in Business Education
• Centre for Simulation, Analytics and Modelling (CSAM)
• Exeter Centre for Social Networks (ECSN)
• Exeter Centre for Leadership (ExCL)
• Exeter Sustainable Finance Centre (ESF)
• Initiative in the Digital Economy at Exeter (INDEX)
• Land, Environment, Economics and Policy Institute (LEEP)
• Research Methods Centre
• Tax Administration Research Centre (TARC)
• The Exeter Centre for Circular Economy (ECCE)

The analytical and quantitative skills learnt will be highly transferrable, and upon completion you will be well equipped to pursue careers in academia, business, government and international organisations. Many of our recent research students have gone on to be successful academic jobs and have published their doctoral work in well-established journals.

Developing your skills and career prospects

The University of Exeter Business School provides a range of support to help you develop skills attractive to employers. Visit our postgraduate  Business School careers service   web page for more information.

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3 years scholarship for PhD Program in Management, Finance And Accounting – 40th cycle 2024-2025 at LIUC

PhD program in Management, Finance and Accounting is primarily designed to train students for research-oriented careers in academia, but also for their employment in multinational companies, public

Call for applications for admission to PhD Programmes and for the awarding of 111 PhD scholarships (a.y. 2024/2025)

, academic year 2024/2025, with the awarding of no. 111 scholarships. PhD Programmes: Accounting and Management Industrial and Environmental Molecular Biotechnology Economics and Finance Philology, Literature

Research Studentships ( PhD students) - (BL105/2024-IST-ID)

Research Studentship(s), within the framework of project eGamesLab/IST-ID n26, financed by national funds through PRR (Plano de Recuperação e Resiliência, through IAPMEI – Agência para a Competitividade e

Undergraduate Entrance Scholarship Scheme - September 2024.

Postgraduate Research Research Areas PhD Opportunities Finance and Funding How to Apply Online Learning Online Degrees Short Courses Study Subjects How Online Learning Works Fees and Funding Close About Campus

Post-Doctoral Research Fellowships - (BL104/2024-IST-ID)

-Doctoral Research Fellowship(s), within the framework of eGamesLab/IST-ID n26, financed by national funds through PRR (Plano de Recuperação e Resiliência, through IAPMEI – Agência para a Competitividade e

Part-Time Academic: COMM 2203 Finance II - Summer 2024

Position Details Position Information Position Title Part-Time Academic: COMM 2203 Finance II - Summer 2024 Posting Number PTAP2402P Department/Unit Finance Location Halifax, Nova Scotia, Canada Job

Research Excellence PhD Studentship - Royal Docks School of Business and Law Salary: The studentship (fee waiver) is for a period of 3 years (full-time enrolment) and will

), and £6,020 (home students) per year* for 3 years. Post Type: Full Time Closing Date: Saturday 25 May 2024 Reference: PHD003-24 University of East London – Research Excellence PhD Studentship (fee waiver

Professor in Finance and Labor/Senior Research Advisor (f/m/d) (2024-ESMT+IWH)

as well as experience in teaching graduate level courses in finance . The two appointment committees of the IWH and ESMT will make their decision in consensus. Professor Reint E. Gropp, PhD , President

PhD Project "Interrogating the impact of circadian changes in blood vessels on organ health" (Singhal 2024-P01) - Heidelberg University

an international & family-friendly environment. The position is available ASAP and will be initially financed for three years. Requirements Research FieldBiological sciences » BiologyEducation LevelMaster Degree

Postdoctoral candidates interested in applying to Horizon Europe MSCA Postdoctoral Fellowships 2024 with the University of Salamanca, Spain

project and enjoy advanced training. The duration of the Fellowships is described online and the eligibility criteria for applying are: Holding a PhD degree at the time of the deadline for applications

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Green Investments: Does it Pay Off?

Peter feldhütter's stochastic debt dynamics published in journal of financial economics.

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Now open for admissions: PhD Scholarships in Finance 2024

Are you interested in pursuing a PhD in Finance? Would you like to know what it takes and what you can do with a PhD in Finance?

Join the info session on February 6 at 15.30 in SPs03 at CBS, to learn about the PhD program in Finance at CBS. Get insights on the admission requirements, experience as a PhD student and career prospects with a PhD degree in finance. 

Link to register for the information meeting: cbs.nemtilmeld.dk/887/ 

The Department of Finance at the Copenhagen Business School invites applications for PhD scholarships in finance. Several scholarships are potentially available within any area of finance including scholarships within these special focus areas:

• Financial markets
• Securities pricing
• Risk management
• Corporate finance
• Entrepreneurial finance
• Household finance
• Behavioral finance
• Big data in finance
• Pension finance
• Housing and mortgage finance

Link to the job announcement

Closing date: February 29, 2024.

School of Accounting & Finance PhD Scholarship

The scholarship is to be awarded to excellent students who have been admitted to the PhD program in accounting at the University of Waterloo. Up to 12 scholarships will be granted per year (this may vary). The amount of the scholarship will be used to reduce tuition for the year until that amount has been reduced to zero. The excess will be paid during that term. Each scholarship is for a maximum of four years, subject to the student remaining in satisfactory academic standing. Recipients will be selected by the Director or Co-Director of the PhD program in the School of Accounting and Finance.

Subject to the discretion of the Director or CoDirector of the PhD program, the amount of the scholarship may be adjusted on a year-to-year basis between the amount promised on admission and the ceiling of $10,000.

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PhD in Economics and Finance, University of Verona, Italy (eight scholarships available)

24 april 2024, 01 october 2024, 30 september 2028, 23 may 2024, phd programs, alessandro bucciol.

We are pleased to announce the 2024 call for applications of the PhD Program in Economics and Finance at the University of Verona. The Program offers two dedicated tracks: “Economics” and “Mathematics and Data Analytics for Finance”. It aims at bringing brilliant students to the international research frontier, and at developing their ability to create their own research contributions. This year eight scholarships are available (about 1,600 euros per month, covering the four years of the program). 

We invite applications from outstanding graduates who hold or are expected to hold a master’s degree in Economics, Finance or related fields. The following material is required for an application: i) Certificate with final graduation mark or transcript with exam grades; ii) Curriculum Vitae; iii) Original research proposal of maximum 2,000 words; iv) Two reference letters; v) Further documents the candidate considers relevant for the evaluation. The deadline for application is May 23 2024.

Description  The PhD Program in Economics and Finance of the University of Verona trains academic and professional figures able to autonomously carry out research in economics and finance at universities, research institutes, consulting firms, public and private companies. PhD graduates undertake job positions requiring critical and problem solving skills, in which to matter are the ability to identify a problem and analyze it using economic reasoning, manage and process data through a statistical approach, interpret the findings and communicate results and implications.  The four-year PhD Program in Economics and Finance consists of a course-work part and a research part. During the first part of the program, students attend advanced courses (both compulsory and elective) related to their chosen track (“Economics” or “Mathematics and Data Analytics for Finance”). Students then develop an independent study and research agenda under the guidance of two supervisors. The program is completed by the final thesis containing research contributions following high-quality international standards. Our PhD Program also offers personal research funds, access to dedicated room and Department facilities, and financial support for study and research periods in foreign universities or institutions.

The University of Verona is among the top hundred world universities with less than 50 years in the rankings of the Times Higher Education. In the RepEc ranking, the Department of Economics ranks in the top 10% of the Italian distribution and in the top 25% of the world distribution of research departments and institutions in Economics. It received the “Department of Excellence 2023-2027” seal by the Italian ministry of university and research.

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Academic Degrees , Business Administration Articles , MBA News

MBA Finance Specialization: Top Trends

Published: April 26, 2024

The Master of Business Administration (MBA) is one of the most popular graduate programs worldwide, as it has been for the past decade. With many types of MBAs available, the Master’s of Business Administration is a versatile degree that can be customized to suit a variety of different career paths.

Along with the advanced business knowledge, problem-solving skills, and leadership experience students gain, an MBA is highly respected in the business world. Graduates are often rewarded with career opportunities and increased earning potential. 

According to The Princeton Review , one of the most in-demand MBA specializations is the Finance MBA. In this article, we will take a deep dive into that program to help you discern whether it is the right educational path for you. 

Let’s jump in!

What is an MBA in Finance? 

An MBA in Finance is a specialized graduate-level degree that focuses on the management of financial resources within businesses and organizations. Students learn how companies make financial decisions, manage risk, and handle financial resources to maximize profitability and ensure stability. It provides a strong foundation in business principles while emphasizing finance-specific skills such as financial analysis, budgeting, forecasting, and financial reporting.

For students interested in advancing their careers in the financial sector, an MBA in Finance can open doors to leadership positions such as financial manager, chief financial officer, investment banker, financial analyst, or portfolio manager. The degree aims to equip graduates with the necessary skills to handle complex financial issues in a dynamic business environment, making it an excellent choice for those looking to excel in the business world .

What is the Scope of an MBA in Finance?

The scope of an MBA in Finance is broad and diverse, equipping graduates with in-depth knowledge of financial management, investment strategies, and market analysis. Here are some of the key lessons you will learn in a Finance MBA:

Financial Analysis and Reporting

Students learn to analyze financial statements, interpret financial data, and prepare reports on financial performance. 

Investment Strategies

The program covers various investment theories and practices, including portfolio management, risk assessment , and the evaluation of different investment vehicles. 

Corporate Finance

You will learn how corporations manage their finances, including capital raising, investment decisions, and dividend policies. 

Risk Management

Students learn to identify, analyze, and mitigate financial risks. This includes understanding market risk, credit risk, and operational risk.

Quantitative Analysis

MBA finance programs often include training in quantitative methods, such as statistical analysis and econometrics, to help students analyze and interpret complex datasets and make data-driven financial decisions.

Strategic Thinking and Planning

You will learn to think strategically about financial planning and business development. This skill is crucial for leadership roles, where long-term planning and strategic decision-making are key responsibilities.

Ethical Decision-Making

Students explore the importance of ethical decision-making in finance, ensuring the integrity of financial practices and compliance with regulations.

Communication and Presentation Skills

You will polish your communication and presentation skills, so you can convey complex financial information to non-experts and influence decision-making processes.

Leadership and Teamwork

Leadership training prepares students to lead teams, manage projects, and drive organizational success.

Global Financial Markets

Students will understand the impact of global economic events on financial markets and learn about international finance regulations and practices.

Technological Proficiency

You will become familiar with financial software, databases, and analytical tools, as well as fintech innovations and their applications in finance.

After mastering these lessons, graduates of MBA programs in finance are well-prepared to tackle the challenges of the financial industry, lead with confidence, and make impactful decisions that drive business success.

What Jobs Can You Get With an MBA in Finance?

There are a wide variety of career paths you can follow once you have earned an MBA in finance. One of the most popular is a role in the financial services industry. This includes work in investment banking, asset management, private equity, or hedge funds.

Corporate finance is also a common place for MBA graduates to work. Consider taking on roles as a financial analyst, chief financial officer, or corporate controller. Additionally, you could work for a financial consulting firm, providing expert advice on financial management, restructuring, strategy, and risk management to businesses across various sectors. 

MBAs can also find opportunities in government agencies, public sector, and nonprofit organizations, managing finances, budgets, and funding strategies. Although these jobs are not often as highly compensated as corporate positions, they offer the opportunity to further a cause and improve the world around you.

The comprehensive skill set gained from an MBA in Finance can empower graduates to start their ventures as entrepreneur . Other options include specializing in real estate — financing real estate projects, managing property investment portfolios, and real estate valuation — or fintech, which involves work on financial technology innovations, digital banking, blockchain, and more.

An MBA in Finance is not just about acquiring a set of financial skills; it’s about developing a strategic mindset that can navigate the complexities of today’s business and financial landscape. The degree opens up myriad paths, from traditional finance roles to innovative sectors, ensuring that graduates can find their niche in a changing economic environment.

What are the Benefits of Earning an MBA in Finance?

Earning an MBA in Finance offers numerous benefits, making it a valuable investment for professionals aiming to enhance their career prospects in the financial sector. 

As we discussed above, an MBA significantly boosts career advancement opportunities, opening doors to high-level positions in a variety of industries. It equips graduates with a deep understanding of financial markets, corporate finance, investment strategies, and risk management, which are crucial for making informed and strategic financial decisions within organizations.

Additionally, an MBA in Finance often results in increased earning potential. Graduates with specialized skills and knowledge qualify for more senior, well-compensated roles in the finance industry. 

The program also broadens one’s professional network, connecting students with peers, alumni, and industry leaders, which can be instrumental in career growth. Moreover, the degree enhances critical thinking and problem-solving skills , preparing graduates to tackle complex financial challenges effectively. 

Where Can You Earn an MBA in Finance?

UoPeople is an accredited online university offering MBA degrees that can be completed in less than a year, tuition-free. Of several specializations offered, UoPeople’s certificate in finance is best suited for students wishing to pursue a career in any of the areas we’ve discussed in this article.

UoPeople’s finance certificate layers financial lessons on top of the more traditional MBA curriculum. Students participating in the certificate program will understand basic principles of finance, develop budgets and financial plans, learn how to make financial decisions to maximize shareholder wealth and gain practical knowledge of personal finance management.

The MBA program at UoPeople is designed with flexibility, making it perfect for working professionals, multitasking parents, and returning students. The program provides asynchronous classes that allow learners to study on their own schedule, with the possibility of completing the 12-course curriculum in as few as seven months. 

Throughout the program, students will acquire skills in strategic planning, management, organization, and business operations. They will also learn to craft innovative solutions to complex business challenges and to thrive in the modern, globally interconnected business environment.

As you consider whether pursuing a finance MBA is for you, remember that this path is more than an educational commitment—it’s a strategic career investment. Thanks to the comprehensive skills and robust knowledge the program imparts, graduates emerge as sought-after professionals in the business world. 

Moreover, the connections you’ll make with peers, professors, and industry professionals will provide you with a powerful network that will help you climb the corporate ladder. You’ll graduate with a heightened ability to lead, innovate, and contribute meaningfully to businesses and society at large. 

In an ever-evolving financial landscape, the investment in a finance MBA could be a prudent decision if you want to become a leader in the field. It’s an investment in a future marked by success, leadership, and continuous advancement in the exciting world of finance.

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• The priority filing date for the 2024-25 FAFSA and CADAA has been extended to May 2, 2024 . Visit Apply for Financial Aid for details.
• The Department of Education has announced they will send information from the 2024-25 FAFSA to schools in mid-March. This may result in a delay in financial aid packaging and offers for the 2024-25 academic year. While awaiting your financial aid offer, we encourage you to utilize the UC Davis Financial Aid Estimator  to estimate your potential aid.

UC Native American Opportunity Plan

What is the uc native american opportunity plan.

The UC Native American Opportunity Plan (UCNAOP) ensures that in-state systemwide Tuition and Student Services Fees are fully covered for California undergraduate and graduate students who are enrolled in federally recognized Native American, American Indian, and/or Alaska Native tribes. 

Financial aid sources that satisfy, in part or in full, the promise under the Native American Opportunity Plan include the following:  

• Tuition‐specific aid (e.g., Cal Grant, veteran’s tuition benefits, tribal benefits)
• Institutional aid and UC scholarships
• Federal Pell Grant and Supplemental Educational Opportunity Grant (SEOG)
• Tuition and fee remissions

If a student's total aid from these sources equals or exceeds the UC systemwide tuition and fees, then the Native American Opportunity Plan promise has been satisfied.

If a student's aid from these sources does not fully cover the UC systemwide tuition and fees, the Native American Opportunity Plan will make up the difference with UC grant funding.

What are the eligibility requirements?

To be eligible for the UC Native American Opportunity Plan, students must meet all of the following criteria:

• Must be a current or newly admitted University of California undergraduate, graduate, or professional school student.
• Must be a California Resident.
• Must be an enrolled member in a federally recognized Native American, American Indian, and/or Alaska Native tribe.
• Must be enrolled in a state-supported UC degree program (i.e., students in self-supporting and certificate programs do not qualify*).
• Undergraduate students and professional degree graduate students must complete a Free Application for Federal Student Aid (FAFSA) or California Dream Act Application (CADAA). 

*Other resources may be available to support these programs. For more information, contact your program.

How Do I Affirm and Provide Proof of Tribal Enrollment?

Documentation of tribal enrollment may include any of the following:

• Certification of tribal enrollment on tribal letterhead.
• Enrollment/membership card that contains the tribal seal and/or official signature of a tribal leader.
• Certificate of Degree of Indian Blood (CDIB) if the CDIB includes tribal enrollment information.
• Tribal identification card with an enrollment number. You must also submit tribal contact information (address, phone, and email) if it is not evident in the submitted documentation.

Submit Eligibility Affidavit and Documentation

Please allow 5-10 business days for the documents to be reviewed.  

What kind of support will be available to Native American students from non-federally recognized tribes? 

The University of California consulted with tribal leaders to develop the UC Native American Opportunity Plan. This consultation included discussions on how to benefit all Native American students, including those from non-federally recognized tribes. California’s Native American tribes and other external organizations may provide scholarships to Native American students who are not members of a federally recognized tribe.

The Federated Indians of Graton Rancheria recently announced a scholarship fund that will cover UC tuition and mandatory fees for eligible California Native American students.  Learn more about the  Federated Indians of Graton Rancheria Scholarship Fund . Scholarship applications for the 2023-24 academic year are due by August 1.

Additional Information and FAQs

Visit  University of California's Native American Opportunity Plan .

Have Questions?

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