PhD in Finance - Financial Assistance
Admitted students receive a 5-year funding package which includes a tuition waiver and an annual living expense stipend of about $37,000 per year.
This funding is conditional on making satisfactory academic progress and fulfilling their obligations as a research assistant (RA) or a teaching assistant (TA). Partial funding for the 6th year may be provided if the student is ready to go on the job market in that year. Applicants do not need to provide proof of funding and admitted students receive financial support, regardless of nationality.
Additional Benefits
Each student will be provided with office workspace and a one-time technology grant of $1,000, as well as library and academic journals access.
Students are eligible for up to $1,500 (first- and second-year students) or $2,500 (third year and beyond) per year in research expense reimbursement. These funds can be used to support travel, pay submission fees to conferences and journals, and cover other research-related expenses. Additional travel grants may be available from the Graduate College. Gies College of Business also awards merit-based scholarships and fellowships that may be used for travel expenses.
Research and Teaching Requirements
First year students are assigned as 10-hour per week RAs. Typically, second, fourth, and fifth-year students are assigned as 20-hour per week RAs. Third-year students serve as TAs to fulfill the program requirement that they obtain teaching experience. Note that prior to an appointment as a teaching assistant, a student must meet English language proficiency requirements (including providing a TOEFL score) and attend instructional training required by the Graduate College.
Additional Fellowship and Scholarship Opportunities
Richard A. Erley Fellowship
Criteria: Academic excellence, high ethical standards, and hard work
Joseph and Ouida Wald Zwisler Summer Doctoral Fellowship
Criteria: Outstanding research potential
Robert Ferber Award
Criteria: Support for promising research
Additional opportunities may be available.