Program Overview
This PhD program in Finance prepares students for careers as professors at major research universities. It offers a rigorous curriculum in financial economics, emphasizing research productivity and faculty-student mentoring. Graduates typically pursue careers in academia and research, with the program's distinguished faculty and strong research output ranking among the best in the world.
Program Outline
Degree Overview:
Objective:
- Train students for careers as professors of finance at major research universities.
Program Description:
- Provides a challenging course of study in the most recent developments in financial economics.
- Equips students to understand and critically analyze current issues in finance.
- Offers a curriculum that includes both theoretical and empirical aspects of the field.
- Emphasizes research productivity and faculty-student mentoring relationships.
- Focuses on attracting highly capable students with strong academic backgrounds and work experience.
Outline:
Coursework:
- 84 credit hours, including research credit and dissertation.
- Includes advanced courses in:
- Equity markets
- Corporate finance
- Organizational structure
- International finance
- Financial institutions
- Asset pricing
- Culminates in a dissertation.
Assessment:
- Written comprehensive exam.
- Oral exam (optional).
- Dissertation defense.
Teaching:
- Faculty includes distinguished researchers and thought leaders in the field.
- Small program size fosters close faculty-student interactions and mentorship.
- Advanced research opportunities available.
Careers:
- Potential careers:
- Assistant professor
- Professor
- Researcher
- Graduates typically pursue careers in research and academia.
Other:
- Program is relatively small, promoting close faculty-student mentoring relationships.
- Students work with distinguished faculty who comprise one of the most productive research groups in the world.
- Recent surveys rank the Department of Finance among the best in the world for research output in top journals.
Arizona State University: A Comprehensive Overview
Overview:
Arizona State University (ASU) is a top-ranked research university located in the greater Phoenix metropolitan area. It is known for its innovative approach to education, offering a wide range of undergraduate and graduate programs across various disciplines. ASU is recognized for its commitment to inclusivity, serving learners at all stages of life and fostering a diverse and welcoming community.
Services Offered:
ASU provides a comprehensive range of services to support student success, including:
Academic Support:
Tutoring, advising, and academic success resources.Financial Aid:
Scholarships, financial aid programs, and tuition assistance.Student Life:
Housing and dining, clubs and activities, health and wellness services, and transportation.Career Services:
Job and career resources, internship opportunities, and career counseling.Student Life and Campus Experience:
ASU offers a vibrant and engaging campus experience with a strong sense of community. Students can participate in a wide array of clubs, organizations, and events, fostering personal growth and development. The university's diverse student body creates a rich cultural environment, promoting global perspectives and intercultural understanding.
Key Reasons to Study There:
Top-Ranked Programs:
ASU boasts numerous top-ranked programs, including 82 programs ranked in the top 25 nationally, with 37 in the top 10.Innovative Learning Environment:
ASU embraces a flexible and personalized approach to learning, allowing students to customize their academic journey.World-Class Faculty:
Students benefit from instruction led by renowned professors and researchers, many of whom are leaders in their fields.Global Impact:
ASU is consistently ranked among the top universities for global impact, demonstrating its commitment to addressing global challenges.Diverse and Inclusive Community:
ASU fosters a welcoming and inclusive environment, embracing students from all backgrounds and promoting a sense of belonging.Academic Programs:
ASU offers over 800 degree programs across a wide range of disciplines, including:
Undergraduate:
More than 400 undergraduate degrees in fields such as engineering, journalism, business, sustainability, nursing, education, and more.Graduate:
Over 450 graduate degrees, including master's and doctoral programs.Other:
ASU is known for its commitment to research and innovation, with a strong focus on addressing real-world challenges. The university is also a leader in sustainability, promoting environmental responsibility and social justice.
Entry Requirements:
EU Home Students:
- Earn a bachelor's or master's degree from a regionally accredited institution.
- Possess a minimum cumulative GPA of 3.00 on a 4.00 scale in either:
- The last 60 hours of their first bachelor's degree program, or
- An applicable master's degree program.
International Overseas Students:
- Meet the same academic requirements as EU home students.
- Supply proof of English proficiency regardless of current residency.
- Meet the minimum TOEFL iBT score requirement of 80.
Additional Requirements for All Applicants:
- Submit a graduate admission application and application fee.
- Provide official transcripts from all previous institutions attended.
- Submit three academic letters of recommendation.
- Achieve competitive scores on the GMAT or GRE.
- Compose a brief statement of career objectives.
- Submit a resume outlining their academic and professional experience.
Language Proficiency Requirements:
- Required for all applicants whose native language is not English.
- Applicants aiming for teaching associate positions must achieve an iBT score of 26 on the ASU Speaking Proficiency English Assessment Kit. It provides clear guidelines for both EU home students and international overseas students. The document also specifies the preferred academic background and other relevant qualifications sought in applicants.
