PhD in Finance in Boston United States | University of Massachusetts Amherst

University of Massachusetts Amherst | Boston United States
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Qualification
Doctor of Philosophy
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
USD 32,276
Attendance
Full-time
Full-time Duration
48 months

Isenberg's PhD in Finance is an intensive yet collaborative full-time program designed to equip students for academic and professional careers. Participants will expand their knowledge of financial theory and empirical finance while pursuing original research aligned with their interests. Through close mentorship with faculty, students will produce publishable research for top-tier academic journals. The program also includes teaching opportunities at Isenberg to develop instructional skills.
Typically completed in four years, the PhD requires 45 credits of coursework covering theoretical foundations, research methodologies, electives, and minor subjects. Candidates must successfully complete core and comprehensive exams, along with two summer research papers. The final phase focuses on dissertation research, writing, defense, and teaching responsibilities at Isenberg.


Destination of Study

Subjects of Study

Language Requirements

English
IELTS 8.0

Qualification Requirements

All applicants are expected to be graduates of an accredited American college or university or a foreign institution determined to be equivalent, and to have achieved acceptable grade point averages in all prior undergraduate and graduate studies. Applicants must submit scores on either the Graduate Management Admission Test (GMAT) or the Graduate Records Examination (GRE).

The following prerequisites should be met upon application, or shortly after entry, to the PhD Program:

Mathematics and Statistics: Working knowledge of differential and integral calculus, matrix algebra, probability, sampling, estimation, hypothesis testing, experimental design, and regression.
Economics: Intermediate level knowledge of microeconomics and macroeconomics.
Business Administration: Introductory level knowledge of the following areas: accounting, finance, marketing, business policy, operations management, public policy toward business, and business law.
Students entering the program may have acquired the knowledge by formal course work, self-study, or work experience. Some students with otherwise strong credentials are admitted without meeting all of these prerequisites. Such students usually make up their deficiencies by taking more courses than students who meet the requirements upon entry. Applicants with a recently awarded MBA degree are normally considered to have met these entrance requirements.
TOEFL - 100
IELTS - 8
100 for the TOEFL and 8 for the IETLS. As well as high speaking scores, generally above 26 for the TOEFL and 8 for the IELTS.

Tuition USD 32,276

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