Doctor of Philosophy in Finance: Fees & Entry Requirements at Illinois Institute of Technology, USA

Doctor of Philosophy in Finance

USA

3

What will I learn?

The Ph.D. in Finance program at Stuart School of Business is both practice and research oriented, preparing you to initiate advanced techniques and research to solve problems in investment and corporate finance, to address regulatory issues in risk management and market functions, and to take on roles in finance in both industry and academia. You will be immersed in industry-leading techniques and applications of financial technology, financial economics, quantitative finance, business finance, and applied statistics. The curriculum emphasizes mastery of both applied research methods and strategies needed for high-level research positions in industry, as well as the advanced techniques and statistical tools required for high-caliber research in a variety of jobs. This program is selective and small, offering a high degree of mentorship and interaction between faculty and students, with ample opportunities to conduct cutting-edge research alongside faculty experts. After completing all the required courses and the Ph.D. qualifying and comprehensive exams, students often gain practical experience through internships, which creates new opportunities to analyze data, and case studies that are potentially useful for pursuing a doctoral dissertation. Students are also encouraged to serve in teaching and research assistant positions. Stuart’s Ph.D. in Finance program focuses on applying cutting-edge practice and techniques in financial technology, financial economics, quantitative finance, business finance, and applied statistics to solve problems in investing, corporate finance, risk management, and regulation. Our graduates are prepared for a wide range of careers in industry, research, academia, and government.

Study options

Full Time (8 Semesters)

Tuition fees
$34,650.00 (29,23,557) per year
Student Activity Fee - $125 per semester
Start date

August 2027

Venue

Mies (Main) Campus

10 West 35th Street,

Chicago,

Illinois,

60616, Midwest, United States

Entry requirements

For international students

Completed online application

Official transcript submission with a minimum cumulative grade-point average of 3.0 on a 4.0 scale

GMAT or GRE scores are required

A one-page statement of purpose, with goals and objectives

Three to four letters of recommendation from professors or employers

English proficiency exam, if required

*There may be different IELTS requirements depending on your chosen course.

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