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Bring your interest in an academic career in finance to Gies, and you’ll leave prepared to teach and publish research at the top business schools. Our students complete a career path toward academia by entering this intellectually-stimulating environment and learning from the best in the field. The research emphasis for our Finance PhD program is built on a close collaboration between faculty and students, stemming from the fact that we keep total enrollment around 15 students. During a typical week, the Finance Department hosts three seminars: two when faculty from other universities present research and the other when the Department’s PhD students and faculty present their work in progress. This lively research environment leads to active, intellectual discussions and is a major factor behind the Department’s prolific research output. Not only do we excel at research, but our faculty and doctoral students win more than their share of teaching awards. Your success will stem from an academic program that first immerses the student in rigorous financial training. Small class sizes equate to close collaboration in the classroom. This consistently produces opportunities to co-author on leading-edge research published in the top finance and economics journals.
Program overview
Main Subject
Finance
Degree
PhD
Study Level
PHD
Study Mode
On Campus
Bring your interest in an academic career in finance to Gies, and you’ll leave prepared to teach and publish research at the top business schools. Our students complete a career path toward academia by entering this intellectually-stimulating environment and learning from the best in the field. The research emphasis for our Finance PhD program is built on a close collaboration between faculty and students, stemming from the fact that we keep total enrollment around 15 students. During a typical week, the Finance Department hosts three seminars: two when faculty from other universities present research and the other when the Department’s PhD students and faculty present their work in progress. This lively research environment leads to active, intellectual discussions and is a major factor behind the Department’s prolific research output. Not only do we excel at research, but our faculty and doctoral students win more than their share of teaching awards. Your success will stem from an academic program that first immerses the student in rigorous financial training. Small class sizes equate to close collaboration in the classroom. This consistently produces opportunities to co-author on leading-edge research published in the top finance and economics journals.
Completion of a baccalaureate degree from an accredited U.S. institution or its equivalent from a university in another country.
The minimum acceptable grade point average for admission is a 3.0 average (A = 4.0) in the last 60 hours of undergraduate coursework and in all graduate coursework.
Acceptable scores on the verbal and quantitative sections of the Graduate Management Admission Test (GMAT). While there is no required minimum score, the average score of students admitted in recent years is over 700. The Graduate Record Examination (GRE), with an average quantitative score being 160, is accepted as a substitute for the GMAT. GRE scores are reported electronically by the Electronic Testing Service (ETS). Please self-report your score on your application and request ETS to report your score electronically to the University of Illinois (Institution Code 1836, Department Code 4102).
International applicants from countries whose first language is not English are required to submit results of the Test of English as a Foreign Language (TOEFL). Certain international applicants are exempt from the TOEFL requirement. Please see English Proficiency Requirements for details.
The minimum requirement of a TOEFL score for full admittance is 103. IELTS is also accepted. Please be aware that if you are admitted into the program you will be required to provide a TOEFL score in order to fulfill the Teaching Assistant requirement. Please request that Educational Testing Service send scores to the University of Illinois at Urbana-Champaign using our institution code number 1836 and department code 4102.
One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.
Gies College of Business at the University of Illinois Urbana-Champaign offers six residential and three fully online graduate degree programs designed to help you put your purpose into practice. Gies’ residential programs include areas such as accounting, finance, business analytics, management, and technology management. Gies’ online degree programs include a Master of Business Administration (MBA), Master of Science in Management (MSM), and Master of Science in Accounting (MSA). All graduate programs offer the quality you expect from a respected, highly ranked public university. The college’s residential programs provide a transformative on-campus learning experience, and the online programs offer the flexibility and affordability that enable you to complete your degree without disrupting your life.
PhD in Finance
Gies College of Business, Champaign, United States
60 monthsProgram duration
15 Jan, 2025Application Deadline
YesScholarships
FinanceMain Subject Area
Program overview
Main Subject
Finance
Degree
PhD
Study Level
PHD
Study Mode
On Campus
The research emphasis for our Finance PhD program is built on a close collaboration between faculty and students, stemming from the fact that we keep total enrollment around 15 students. During a typical week, the Finance Department hosts three seminars: two when faculty from other universities present research and the other when the Department’s PhD students and faculty present their work in progress. This lively research environment leads to active, intellectual discussions and is a major factor behind the Department’s prolific research output. Not only do we excel at research, but our faculty and doctoral students win more than their share of teaching awards.
Your success will stem from an academic program that first immerses the student in rigorous financial training. Small class sizes equate to close collaboration in the classroom. This consistently produces opportunities to co-author on leading-edge research published in the top finance and economics journals.
Program overview
Main Subject
Finance
Degree
PhD
Study Level
PHD
Study Mode
On Campus
The research emphasis for our Finance PhD program is built on a close collaboration between faculty and students, stemming from the fact that we keep total enrollment around 15 students. During a typical week, the Finance Department hosts three seminars: two when faculty from other universities present research and the other when the Department’s PhD students and faculty present their work in progress. This lively research environment leads to active, intellectual discussions and is a major factor behind the Department’s prolific research output. Not only do we excel at research, but our faculty and doctoral students win more than their share of teaching awards.
Your success will stem from an academic program that first immerses the student in rigorous financial training. Small class sizes equate to close collaboration in the classroom. This consistently produces opportunities to co-author on leading-edge research published in the top finance and economics journals.
Admission requirements
Exam Scores
Important Dates
Tuition fee and scholarships
Scholarships
One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.
In this guide you will find:
Where to look for scholarship opportunities
How to apply to scholarships relevant to you
A list of available scholarships around the world
A scholarship application checklist
More programs from the university
Master PG
MBA
PHD
Gies College of Business at the University of Illinois Urbana-Champaign offers six residential and three fully online graduate degree programs designed to help you put your purpose into practice. Gies’ residential programs include areas such as accounting, finance, business analytics, management, and technology management. Gies’ online degree programs include a Master of Business Administration (MBA), Master of Science in Management (MSM), and Master of Science in Accounting (MSA). All graduate programs offer the quality you expect from a respected, highly ranked public university. The college’s residential programs provide a transformative on-campus learning experience, and the online programs offer the flexibility and affordability that enable you to complete your degree without disrupting your life.
Business and Management (1)
Accountancy, MAS
Accountancy, MSA
Accountancy, iMSA
Business Analytics, MSBA
Finance, MSF
Management, MSM
Management, iMSM
Technology Management, MSTM
Online/Distance MBA (1)
MBA, iMBA
Business and Management (1)
PhD in Accountancy
PhD in Business Administration
PhD in Finance