PhD in Finance

Class Profile

Class Size

25

Average Age

27

Average Work Experience

2 Years

Diversity

Others:

3%

Ontario:

45%

Saskatchewan:

2%

Manitoba:

5%

British Columbia:

15%

Alberta:

10%

Quebec:

20%

Career Outcomes

Median Earnings After Graduation

$1,10,000 / year

Graduation Rate

81%

Job Placement

90%

Top recruiters

Deloitte

JPMorgan Chase

Goldman Sachs

Bank of America

Morgan Stanley

McKinsey

Aetna

Dell

BAE Systems

Visa

AECOM

McGill University

Marsh McLennan

McAfee

Fees and Funding

Tuition Fees

$6,210 / year

Overall Cost

$21,210 / year

FAQs

• Do I need to secure a supervisor before applying?
  
  No, supervisors are identified after admission. Students are responsible for securing a supervisor once enrolled, but admission is not conditional on this
• What are the admission requirements? What are the admission requirements?
  
  Minimum admission average: B+ (direct entry from bachelor’s requires A-). Bachelor’s or master’s degree from a recognized institution. English language proficiency test (for non-native speakers). GMAT or GRE scores are optional for the current application cycle. Letters of recommendation, statement of purpose, and transcripts are required.
• What is the program structure and duration?
  
  The PhD in Management (Finance) is a full-time, research-intensive program. Students complete advanced coursework in finance, economics, and quantitative methods, followed by comprehensive exams, research projects, and a dissertation. The program typically takes 5–6 years to complete
• What are the main areas of research and specialization?
  
  Students can specialize in seven fields, including Finance, and benefit from Rotman’s strengths in accounting, business economics, marketing, operations management, organizational behaviour, and strategic management. The Finance stream covers areas such as asset pricing, corporate finance, market microstructure, and financial intermediation
• What is the focus of the PhD in Finance at Rotman?
  
  The program is designed for students aiming for academic and research careers. It provides rigorous training in finance theory, empirical methods, and quantitative analysis, preparing graduates to contribute to scholarly research and teaching in finance
• Is there a dedicated PhD in Finance at the University of Toronto?
  
  Yes, the PhD in Finance is offered as a specialization within the PhD in Management program at the Rotman School of Management