PhD in Finance

Class Profile

Class Size

25

Average Age

27

Average Work Experience

2 Years

Diversity

Others:

15%

California:

20%

Texas:

15%

Florida:

5%

Arizona:

35%

New York:

10%

Career Outcomes

Median Earnings After Graduation

$1,10,000 / year

Graduation Rate

66%

Job Placement

89%

Top recruiters

Deloitte

JPMorgan Chase

Goldman Sachs

Bank of America

Morgan Stanley

McKinsey

Aetna

Dell

BAE Systems

Visa

AECOM

McGill University

Marsh McLennan

McAfee

Dell Technologies

Mastercard

Axa

Fees and Funding

Tuition Fees

$30,348 / year

Overall Cost

$45,348 / year

FAQs

• How long does the program take to complete?
  
  The program typically takes four to five years of full-time study. Students begin with foundational coursework and research methods, progress to advanced seminars, and spend the final years focused on dissertation research and defense
• Are there specific requirements for international applicants?
  
  Yes, international applicants must pay an application fee online, provide a financial guarantee, and meet English proficiency requirements. Visa documentation is handled by the ASU Graduate College after admission.
• What are the admission requirements?
  
  Applicants must demonstrate strong analytical skills, intellectual curiosity, and the ability to work independently. Required materials include a resume, three letters of recommendation, GMAT or GRE scores, and a statement of career objectives. While many students have a background in business, applicants from fields like engineering, economics, mathematics, statistics, and physics are also encouraged to apply.
• What are the main research areas and faculty strengths?
  
  Faculty are recognized for research in equity markets, corporate finance, organizational structure, international finance, financial institutions, and asset pricing. The department is consistently ranked among the world’s best for research productivity, and students benefit from close mentoring in a small, collaborative environment.
• What is the structure and curriculum of the program?
  
  The PhD in Business Administration (Finance) requires a minimum of 84 credit hours beyond the bachelor’s degree. This includes at least 72 semester hours of graduate-level coursework and 12 hours of dissertation credit. The curriculum consists of core courses in economics, quantitative methods, finance, and research methods, with advanced seminars and electives tailored to research interests. Students must also complete a written comprehensive exam, a dissertation prospectus, and a final dissertation defense
• What is the main objective of the PhD in Finance at ASU?
  
  The primary goal is to train students for careers as finance professors at major research universities. The program emphasizes both the theoretical and empirical aspects of financial economics, preparing students for advanced research and teaching roles