PhD in Finance in Dunedin New Zealand | University of Otago

University of Otago | Dunedin New Zealand
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Qualification
Doctor of Philosophy
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
NZD 53,291
(c. USD31,118.32)
Attendance
Full-time
Full-time Duration
36 months

Finance is a decision-oriented discipline that is complex, challenging and dynamic. It’s about managing money and capital in the real world: making practical financial decisions that can add value to a business and the economy. Finance focuses on investments (including portfolio theory); corporate finance (how businesses make internal financial decisions); derivatives (the study of financial securities deriving their value from other assets’ values); and international finance (finance across borders). An understanding of Finance is essential to business, and Finance majors succeed in rewarding and highly-paid careers.Every person and every organisation raises and spends money. Finance examines the theory and practice of this process, with particular attention to the measurement and management of risk. It's about deciding how money is allocated in the real world. Finance is both a science and an art – a science because it systematically analyses information and uses it to make and test predictions; an art because these activities are not exact and there is frequently no “right” answer. Finance deals not only with the measurable, “quantitative” aspects, but also with the unmeasurable, in which intuition and experience play a strong role. Skills in these areas are invaluable in the workplace. Above all, Finance is exciting. You will often have to make swift decisions concerning large amounts of money and resources.


Destination of Study

Subjects of Study

Language Requirements

English
IELTS 6.5

Qualification Requirements

Admission to the degree programme shall be subject to the approval of the Senate. Note: Applications may be made at any time. Applications must be approved before the candidate begins the research work. Every candidate must be a university graduate and produce evidence of ability to undertake research in the area of proposed study. Such evidence shall include: a Bachelor's degree with first or upper second class Honours (with an average grade in Honours papers at or equivalent to at least B+ at the University of Otago) or equivalent (including a research component with an average grade at or equivalent to at least B+ at the University of Otago); or a Master's degree (with an average grade at or equivalent to at least B+ at the University of Otago) (including an appropriate research component worth at least a quarter of a year's workload (0.25 EFTS), with a grade at or equivalent to at least B+ at the University of Otago); or appropriate research experience; and for candidates including a nominated creative component for assessment, demonstrated advanced training or experience in a relevant creative practice. A candidate for a Master's degree may apply to transfer to candidature for the degree of Doctor of Philosophy, and may have the date of admission backdated as is considered appropriate. Initial admission to the degree programme shall normally be provisional, and shall be confirmed on receipt of a supervisory agreement and a satisfactory progress report after no less than six months and no more than 12 months of full- or part-time study. If admission to the degree programme is not confirmed, then either provisional admission may be extended for one period of up to six months or the candidate shall be required to withdraw or to enrol for another degree. If admission is not confirmed after a period of extension, the candidate shall be required to withdraw or to enrol for another degree. Notwithstanding regulation 1(b) above, a Medical student who has completed a year of study for the degree of Bachelor of Medical Science with Honours but has not been awarded that degree may be accepted as a candidate for the degree of Doctor of Philosophy and have the date of admission backdated as is considered appropriate. Such a student's programme of study must be approved by both the Board of the Faculty of Medicine and the Graduate Research Committee.

Tuition NZD 53,291

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