PhD in Finance

Class Profile

Class Size

25

Average Age

27

Average Work Experience

2 Years

Diversity

Others:

1%

Hispanic or Latino:

13%

Black or African American:

11%

Two or more races:

2%

Asian:

27%

White:

47%

Career Outcomes

Median Earnings After Graduation

$1,10,000 / year

Graduation Rate

87%

Job Placement

96%

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

FAQs

• What are the career outcomes for graduates?
  
  Graduates of the program secure positions at leading academic institutions, research organizations, government agencies, and financial institutions worldwide. Recent alumni have joined organizations such as the London School of Economics, Southern Methodist University, the Federal Reserve, the World Bank, and the U.S. Securities and Exchange Commission
• Who are the faculty and what are their areas of expertise?
  
  The Finance area at the Smith School is led by internationally recognized faculty, with expertise in asset pricing, market microstructure, risk management, and related fields. Faculty actively mentor students and collaborate on research projects, often resulting in co-authored publications in top journals such as the Journal of Finance, Journal of Financial Economics, and Review of Financial Studies
• What is the typical program duration and structure?
  
  The PhD in Finance is a full-time, five-year program requiring 54 credits. The curriculum includes foundational coursework, research seminars, and dissertation research. Students are expected to engage in research early and present papers at conferences and in academic journals
• What is the typical program duration and structure?
  
  Doctoral students must complete the graduate-level microeconomics and econometrics sequences offered by UMD’s Department of Economics. Applicants should have completed the equivalent of three semesters of calculus, one semester of linear algebra, and one semester of differential equations before enrolling in the program
• What are the coursework and prerequisite requirements?
  
  Doctoral students must complete the graduate-level microeconomics and econometrics sequences offered by UMD’s Department of Economics. Applicants should have completed the equivalent of three semesters of calculus, one semester of linear algebra, and one semester of differential equations before enrolling in the program
• What is the focus of the PhD in Finance program at the University of Maryland?
  
  The program is designed to provide rigorous development at the highest levels of theoretical and empirical research in financial theory and practice. Students explore topics such as asset pricing, market microstructure, risk management, and more, preparing for academic and research careers in finance