Schulich’s PhD in Finance program focuses on developing ground-breaking research in the field of Finance. Through exposure to world-renowned faculty, strong preparatory coursework, and access to comprehensive data sources, the program prepares its graduates to discover and publish new research that can alter how financial markets, individuals, and corporations raise money and invest for the future.
Placement of Recent Graduates
The PhD in Finance program will prepare you for an academic career at a top research university in Canada, the US, or the rest of the world. The program will help you build a strong theoretical and empirical foundation in finance. Combined with our faculty’s wide-ranging research expertise, our program will position you for a strong career in finance research.
Feng Zhan John Carroll University, Boler School of Business Mehdi Beyhaghi University of Texas at San Antonio Hemdi Driss Saint Mary’s University Markus Broman Syracuse University Ling-Wu Shao Morneau Shepell Dan Li University of Hong Kong Keke Song Dalhousie University
Students must work as research assistants for the first three years of the program in order to receive financial support and be prepared for their dissertation.
When they are at the dissertation stage, Ph.D. candidates are expected to actively dialogue – both formally in seminars and informally – with other area members within the confines of their dissertation. In addition, students should plan to attend or present their research at well-known academic conferences such as the Northern Finance Association, the Financial Management Association, the American Finance Association and the Western Finance Association. They may also be asked to help review manuscripts and journal articles by editors and associate editors.
Students are required to teach one finance course before they go on the job market. This will help students to accumulate teaching experience which is an important ability to acquire in order to have a successful academic career.
Specialization RequirementsView course details Hide course details
Doctoral students must complete the following components of the PhD program:
- Core Courses (finance seminars, microeconomic and macroeconomic theories and econometrics)
- Summer Research Papers
- Comprehensive Examination
- FINE 7100 3.00 THEORY OF FINANCE
- FINE 7200 3.00 TOPICS IN FINANCE I
- FINE 7300 3.00 TOPICS IN FINANCE II
- ECON 5100 3.00 THE ECONOMIC ENVIRONMENT OF BUSINESS
- ECON 6220 3.00 MACROECONOMICS AND THE SUPPLY SIDE
ECON 6100 3.00 Topics in Microeconomic Theory
1st Summer Research Paper
ECON 5110 3.00 Topics in Macroeconomic Theory
ECON 6250 3.00 Advanced Econometric Theory
PhD Empirical Methods
Completion of three electives
Present 1st Summer Research Paper
2nd Summer Research Paper
Research Seminars Required
Defend thesis proposal
Present 2nd Summer Research Paper
Teach a finance course
Present Job Market Paper
Research is the most critical element of the development of student’s careers. Schulich’s Finance PhD program supports student’s research through interaction with faculty, access to major databases, and other research support.
2014 Minjie Zhang – The Economic Impact of Entrepreneurship: Comparing International Datasets (with Douglas J. Cumming and Sofia Johan), March 2014, Corporate Governance: An International Review
Recent Dissertation Topics
- 2014 Feng Zhan – Essays On International Market Efficiency And Manipulation
- 2012 Mehdi Beyhaghi – Three Essays in Banking: Credit Risk and Market Discipline
- 2012 Ling-Wu Shao – Three Essays on the Value of Annuity Products to the Individual Investor
- 2011 Dan Li – Empirical Studies in Law and Finance of Public and Private Firms
- 2011 Keke Song – Three Essays on Financial Institutions
Hossein Naderi Khorshidi
Andreanne Tremblay Simard
PhD students have the opportunity to work with some of the top experts in the field of finance. Our faculty has published a variety of research on behavioural finance, corporate governance, executive compensation, personal finance, institutional behavior, and international finance in leading finance and economic journals.
Through collaboration and mentorship with these leading researchers, our PhD graduates are well positioned to produce high quality research that will eventually lead to publications with high scholarly impact.
Selected faculty members
Professor of Finance; Bob Finlayson Chair in International FinanceView profile
Associate Professor of FinanceView profile
Professor of FinanceView profile
Professor of Finance and Entrepreneurship; Ontario Research Chair in Economics and Public PolicyView profile
Associate Professor of Finance; Director, Financial EngineeringView profile
Mark J. Kamstra
Professor of Finance; Canadian Securities Institute Research Foundation- Limited Term ChairView profile
Moshe Arye Milevsky
Associate Professor of Finance; Area Coordinator, FinanceView profile
Eliezer Z. Prisman
Professor of Finance and the Nigel Martin Chair in FinanceView profile
- View profile
Pauline M. Shum-Nolan
Professor of FinanceView profile
Yisong S. Tian
Professor of Finance; Director, Master of FinanceView profile