Basic Degree Information/Description
The College of Business offers opportunities for advanced study and research leading to the Doctor of Philosophy degree in Finance. The Ph.D. program in Finance provides a comprehensive study in the areas of corporate finance, investments and asset pricing and financial econometrics. Graduates will be prepared for careers as university professors focused on research and teaching, as well as careers as government researchers and industry experts.
Why a Finance 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.
| 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.
| General University Requirements
||Must meet university wide requirements.
||A completed a Graduate School application.
||Official transcripts from all institutions attended. All international transcripts must be recorded in English or officially translated to English.
| Resume or Curriculum Vitae
| 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
||GMAT or General GRE, not older than five years.
| Evaluation of Foreign Credentials
All applicants including non-U.S. citizens (International), U.S. Citizens, and permanent residents who have earned university-level credit from foreign institutions are required to submit official transcripts along with an evaluation of the transcripts from Foreign Credentials Service of America.
- An approved evaluation requires a detailed course-by-course evaluation. Summaries will not be accepted.
- Foreign credential evaluations must be received by the application deadline for your application to be processed.
- Foreign Credentials Service of America in Austin, TX is the only accepted evaluation agency. They can be reached at (512) 459-8429, firstname.lastname@example.org, or online at https://www.foreigncredentials.org/our-services/apply-now/.
- If you need a request form, please visit the FCSA website to access the form here.
| International Applicants
||Must meet international graduate student admission requirements
- IELTS: Minimum score of 6.5.
- TOEFL: Minimum scores of 79 or 60 for Internet or paper versions, respectively.
||Applicants may be asked to appear before the admissions committee for a personal interview.
Career Options Available for a Ph.D. in Finance
- Private industry
Research Opportunities Available in UTSA College of Business Doctoral 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 & Cyber Security (IT), Marketing, Management and Organization Studies (Management) and Management Science and Statistics.
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 overall doctoral experience. It would be difficult for someone to manage both a full-time job and the doctoral program's requirements.