Washington University in St. Louis PhD in Finance
The PhD program in Finance at Washington University in St. Louis’ Olin Business School is a rigorous and highly selective program designed to train future leaders in academic research. It prepares students for careers at top-tier universities and research institutions worldwide.
Program Overview
The program typically takes four to five years to complete. The first two years are dedicated to intensive coursework covering core topics in finance, economics, econometrics, and quantitative methods. Students delve deep into areas like asset pricing, corporate finance, and financial econometrics, building a strong foundation for conducting original research.
Coursework is demanding and designed to push students to their intellectual limits. Students are expected to actively participate in class discussions, solve challenging problem sets, and present their work. The curriculum is constantly evolving to incorporate the latest research and techniques in the field.
After completing the core coursework, students focus on developing their dissertation research. They work closely with faculty advisors who are leading experts in their respective fields. The dissertation is expected to be a significant contribution to the body of knowledge in finance, demonstrating the student’s ability to conduct independent, high-quality research.
Faculty and Research
Olin’s Finance faculty is renowned for their research contributions and commitment to teaching. They publish regularly in leading academic journals and are actively involved in shaping the direction of the field. The faculty’s research interests cover a wide range of topics, providing students with ample opportunities to find a mentor whose interests align with their own.
The program emphasizes a strong research culture. Students are encouraged to attend seminars, present their work, and collaborate with faculty and other students on research projects. The school provides access to excellent research resources, including extensive databases, computing facilities, and travel funding for conferences.
Admission and Requirements
Admission to the program is highly competitive. Successful applicants typically have a strong background in mathematics, economics, or a related field. A bachelor’s or master’s degree is required, and excellent GRE or GMAT scores are essential. Strong letters of recommendation and a well-written statement of purpose are also crucial.
The program seeks individuals with exceptional analytical skills, a strong work ethic, and a genuine passion for research. Prior research experience is highly valued.
Career Prospects
Graduates of the WashU Finance PhD program are highly sought after by top-tier universities and research institutions. They are well-prepared to pursue successful careers as academics, conducting cutting-edge research and training the next generation of finance scholars.