PhD in Finance: Online and Campus-Based Programs

In a doctoral finance program, you'll learn how to conduct research and analysis based on advanced financial principles. Online programs are not available, but you can find many on-campus finance Ph.D. programs. Check the prerequisites and coursework for these programs. Review the career outlook and typical salary for some job options for doctorate holders in finance. Schools offering Finance degrees can also be found in these popular choices.

What Kinds of Finance Ph.D. Programs Can I Enroll In?

Many programs award a Ph.D. in Finance. You can also earn your Ph.D. in Business Administration with a concentration in finance. These programs are only available through on-campus study.

Online Availability Programs are not available online
Prerequisites Bachelor's degree or master's degree in finance or related field (depending on program); prerequisite coursework in mathematics, business, and economics may be necessary
Common Courses Market speculation, macroeconomics, econometrics, organizational theory, financial modeling
Possible Careers Financial analyst, business professor, economist

What Do I Need to Enroll?

You'll need to hold at least a bachelor's degree in business, finance or accounting. Some programs award a Master of Business Administration or Master of Science degree on the way toward your doctorate, while others require that you possess a master's degree in finance or a related field prior to admission.

Ph.D. programs also require that applicants have taken certain coursework as undergraduates or master's degree students. If the program you choose awards a concurrent master's degree, you can often complete these prerequisites during the first year of doctoral study. Prerequisite coursework covers:

  • Economics
  • Accounting
  • Business administration
  • Calculus
  • Statistics
  • Monetary theory
  • Trade policy

What Will I Learn?

Ph.D. programs are designed to prepare you to conduct academic research, quantitative and qualitative research, financial modeling and economic forecasting. You'll learn how to conduct this work as you analyze asset pricing, investments, corporate balance sheets, complex financial instruments and the financial conditions of a given industry. After you graduate, you'll also have the skills to teach financial courses and deliver presentations.

You will also learn how to use computer modeling in order to conduct research and create financial models. Coursework and thesis work will also cover linear and statistical modeling, time series analysis and microeconomic theory. Other coursework explores:

  • Macroeconomics
  • Securities
  • Econometrics
  • Organizational theory
  • Applied finance
  • Market speculation
  • Financial regulation

How Can My Degree Help Me?

After you earn your Ph.D. in Finance, you can apply your degree to a career as a college instructor teaching business courses, a financial analyst or an economist. The U.S. Bureau of Labor Statistics (BLS) reported that median wages for these positions during 2014 were $74,090, $78,620 and $95,710, respectively. While only a master's degree is required for many of these positions, a Ph.D. may lead to the best opportunities.

According to the BLS, employment of college instructors should rise by 13% between 2014 and 2024. Employment of financial analysts should grow by 12% during this same period. Employment of economists will only rise by 6% during 2014-2024.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

  • 1. Degree Options:
The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

Popular Schools

  • Capella University

    Capella University responds quickly to information requests through this website.

    Popular programs at Capella University:

    • Doctoral

    Online Programs Available

  • Saint Leo University

    Saint Leo University responds quickly to information requests through this website.

    Popular programs at Saint Leo University:

    • Doctoral

    Online Programs Available

  • The University of Texas at San Antonio

    Campus Locations:

    • Texas: San Antonio
  • The University of Texas at Austin

    Campus Locations:

    • Texas: Austin
  • Carnegie Mellon University

    Campus Locations:

    • Pennsylvania: Pittsburgh
  • Stanford University

    Campus Locations:

    • California: Stanford
  • Harvard University

    Campus Locations:

    • Massachusetts: Cambridge
  • University of Illinois at Urbana-Champaign

    Campus Locations:

    • Illinois: Champaign
  • University of Pennsylvania

    Campus Locations:

    • Pennsylvania: Philadelphia