Graduate students looking to advance their academic knowledge in finance have many universities or colleges around the country that offer PhD programs. Students can gain profound research skills and teaching methods to help them create their own methodology of the principles in finance, and will most likely have the chance to complete a dissertation.
Universities with PhD Programs in Finance
Oklahoma State University
Located in Stillwater, Oklahoma, this university offers a competitive 69-credit-hour PhD in business administration with a concentration in finance. Students must have completed accounting, economics, and mathematical prerequisite courses. Some common subjects in the program are corporate finance, mathematical statistics, and macroeconomics. Students must also take a written comprehensive exam in finance as well as an oral dissertation in front of the Department of Finance faculty detailing their research.
Wayne State University
This Detroit-based university offers a 90-credit-hour PhD program in finance. Students learn about corporate finance and how to properly use asset pricing in real-world research applications. To finish the program, students must complete specific finance and economics courses. Some of these courses include econometrics, macroeconomic theory, and corporate financial management.
This university, based in Auburn, Alabama, offers a PhD program in business with a concentration in finance. The 83-credit-hour program includes three academic plan options: the original course of study, a 5-year course of study, and an economics option. Graduate students will need to complete advanced finance research courses and seminars, economics courses, and special topics courses. Course topics include financial analysis, microeconomics, and econometrics.
Rutgers University, located in Piscataway, New Jersey, gives students a resourceful roster of economic methodology and seminars. The PhD program in finance requires 72 credit hours, and includes typical finance courses such as investments and corporate finance. Two early research papers are also required. The degree program not only finishes with a dissertation but an independent study as well.
The University of Texas at San Antonio
The University of Texas at San Antonio requires only 66 credit hours to obtain a PhD in Finance for those already holding a master's degree. Students will study financial management courses, both entrepreneurial and corporate-related financial management. This university also branches off into other fields such as real estate to help students examine mortgage markets and property lending. Additional subject topics in the program include financial theory and advanced statistical learning/data mining.
Admissions Requirements for a PhD in Finance
Gaining access to a PhD program in finance is fairly candid after obtaining an MBA. Students already meet the undergraduate degree requirement so will submit transcripts, along with GMAT or GRE test scores, 3 letters of recommendation, and a statement of purpose. Some universities may require a resume and a writing sample, but this requirement depends on the school. Additionally, you will have to complete finance prerequisite courses, as per the request of the university or college.
Graduate students interested in contributing new research methods and continuing their academic career in finance after obtaining their MBA have many top-rated universities and colleges available. Enterprising and resourceful, the courses of study offered to students will prepare them with advanced skills for a knowledgeable career in financial research and teaching.