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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.
Programme 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.
Admission Requirements
7.5+
103+
3+
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.
5 Years
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
PhD in Finance
Gies College of Business, Champaign, United States
60 monthsProgramme duration
FinanceMain Subject Area
Programme 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.
Programme 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.
Admission Requirements
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
How to get a full scholarship
Looking for a fully-funded scholarship to see you into university? Find out how to boost your chances of getting one.
Scholarships to study abroad
Find scholarships to study abroad with our lists of international scholarships – categorized by country, by subject, and by type of student.
Scholarship Applications: Frequently Asked Questions
Get answers to all your questions about scholarship applications, including tips on how to find scholarships and chances of success.
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