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Phone: (210) 458-4331

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Finance (Ph.D.)

Basic Degree Information/Description

The College of Business offers opportunities for advanced study and research leading to the Doctor of Philosophy degree in Business Administration. The degree program offers five areas of emphasis: Accounting, Finance, Information Technology, Marketing, and Organization and Management Studies. The Ph.D. in Business Administration is awarded to candidates who have displayed an in-depth understanding of the subject matter and demonstrated the ability to make an original contribution to knowledge in their field of specialty.

Why a Business Administration Ph.D.?

  • The college's doctoral classes are diverse in terms of professional experience, academic experience, cultural influences and international experiences.
  • Commitment to research and a passion for teaching are two of the qualities that distinguish both our doctoral faculty and our graduates.
  • Students work closely with faculty members in small classes, seminars, research projects and other assignments, aimed toward developing the analytical skills competencies to conduct independent quality research.

Admission Requirements and Prerequisites

Admission to the program is limited and competitive. Meeting the minimum admission requirements does not guarantee acceptance into the program. Competitive applicants often exceed minimum requirements.

For more specific requirements, please visit the Online Graduate Catalog.

Admission Prerequisites:

  • Required Degree: Bachelor’s degree from an accredited university.
  • Other Degree Requirements: Candidates who do not possess a master’s degree in a business or business-related discipline with sufficient quantitative rigor are required to complete a program consisting of a minimum of 84 semester credit hours. Candidates whose backgrounds are determined to be insufficient may be directed to take additional background or leveling courses before proceeding to the program’s required courses.

Application Requirements:

Admission to the program is limited and competitive. Meeting the minimum admission requirements does not guarantee acceptance into the program. Competitive applicants often exceed minimum requirements.

For more specific requirements, please visit the Online Graduate Catalog.

  • General University Requirements: A degree seeking applicant must meet university wide requirements.
  • Application: A complete Graduate School application.
  • Transcripts: Official transcripts from all institutions attended. All international transcripts must be recorded in English or officially translated to English.
  • Resume or Curriculum Vitae: A resume or curriculum vita.
  • Letters of Recommendation: Three letters of recommendation from academic or professional sources familiar with the applicant’s background.
  • Statement of Purpose: A statement of academic interests and goals for pursuing a Ph.D. in Finance.
  • Test Scores: General GMAT or GRE, not older than five years.
  • Other: Applicants may be asked to appear before the admissions committee for a personal interview.
  • Evaluation of Foreign Credentials: U.S. Citizens (Domestic) or permanent residents who have earned university level credit from foreign institutions are required to submit all official transcripts from foreign institutions along with an evaluation of the transcripts from an approved Foreign Credential Agency.
    • Approved evaluation companies are listed at the following: foreign credential agencies.
    • An approved evaluation requires a detailed course-by-course evaluation. Summaries will not be accepted.
    • The Foreign Credentials Service of America (FCSA) is a private corporation that provides evaluations of foreign school credentials. The application is available at: Application for Credentials Evaluation.
  • International Applicants:
    • IELTS: Minimum score of 6.5.
    • TOEFL: Minimum scores of 79 or 550 for Internet or paper versions, respectively.
    • Additional Requirements: A degree seeking applicant must meet international graduate student admission requirements. 

Career Options Available for a Ph.D. in Business Administration with an Emphasis in Finance

  • Academia
  • Government
  • Private industry

Research Opportunities Available in UTSA Business Administration (Ph.D.) programs

Our professors do research in their fields which keep them current. In turn, this also helps students keep current and aware of trends/changes in the fields of Accounting, Finance, Information Systems & Technology Management (IT), Marketing, Organization and Management Studies (Management) and Management Science and Statistics for the Ph.D.

Contact Information

Graduate Advisor of Record: Onur Bayar, Ph.D.
Advisor Email
Advisor Telephone: (210) 458-6837

Degree Catalog Link:

Degree Website:

Degree Handbook: PhD_Bus_Admin_Handbook_Revised_July_2016.pdf

Funding Opportunities

PhD's are generally funded with our financial package which consists of an assistantship in the form of a research or teaching assistantship with paid tuition and fees for up to four (4) years.

Course Scheduling and Offerings

This is a full-time program. Students will normally be expected to enroll for nine hours each semester. Most courses will be offered during the day. Ph.D. students normally serve as either a teaching assistant or research assistant throughout the program. These experiences are an important part of the training and over all doctoral experience. It would be difficult for someone to manage both a full-time job and the doctoral program's requirements.

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