PhD in Finance

Class Profile

Class Size

25

Average Age

27

Average Work Experience

2 Years

Diversity

Others:

10%

Others:

25%

British Columbia:

10%

Alberta:

5%

Quebec:

25%

Ontario:

15%

International students:

10%

Career Outcomes

Median Earnings After Graduation

$1,10,000 / year

Graduation Rate

85%

Job Placement

95%

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

Fees and Funding

Tuition Fees

$18,239 / year

Overall Cost

$33,239 / year

FAQs

• What are the career outcomes for graduates?
  
  Graduates are prepared for academic, research, and industry roles. Alumni have taken faculty positions at universities and research institutions and have contributed to top finance journals
• What are the admission requirements?
  
  Applicants should have a strong academic background, especially in quantitative subjects. Prerequisites typically include coursework in calculus, linear algebra, and statistics. The admissions process is competitive and seeks candidates with strong academic records and research potential.
• Who are the faculty and what is the research environment like?
  
  Students engage with leading researchers in finance and economics in Montreal. The program’s flexible structure allows students to develop and pursue their own research ideas with close faculty mentorship
• What are some typical courses and support fields?
  
  Core doctoral-level courses include: Introductory Financial Economics Corporate Finance Empirical Research in Finance Continuous-Time Finance International Finance Fixed Income Securities Theory Some courses, such as Corporate Governance, Derivatives, and Advanced Topics in Investment & Corporate Finance, are offered through the joint PhD program with other Montreal universities.
• How is the program structured and how long does it take?
  
  The PhD is typically completed in five years. The first two years are devoted primarily to coursework in finance and supporting disciplines (economics, mathematics, econometrics/statistics). After completing coursework and comprehensive exams, students advance to the dissertation phase, focusing on original research
• What is the focus of the PhD in Finance at McGill University?
  
  The program provides rigorous training in financial economics, preparing students for academic and research careers. Research topics include investment management, asset pricing, international finance, corporate finance, derivatives, credit derivatives, banking and financial intermediation, risk management, market microstructure, and fintech