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Stuart Urban’s path leading from a career in industry to one in academia started in 2012 when he began teaching a part-time course, Quantitative Financial Analysis, at Johns Hopkins University Carey Business School. At the time, Urban was a software engineer, research and development principal investigator, and data scientist at Lockheed Martin.

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The Executive Ph.D. that Akwasi Ampofo earned as the first graduate of the Pamplin College of Business program in Spring 2021 is already propelling his career forward.

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Wharton’s PhD program in Finance provides students with a solid foundation in the theoretical and empirical tools of modern finance, drawing heavily on the discipline of economics.

The department prepares students for careers in research and teaching at the world’s leading academic institutions, focusing on Asset Pricing and Portfolio Management, Corporate Finance, International Finance, Financial Institutions and Macroeconomics.

Wharton’s Finance faculty, widely recognized as the finest in the world, has been at the forefront of several areas of research. For example, members of the faculty have led modern innovations in theories of portfolio choice and savings behavior, which have significantly impacted the asset pricing techniques used by researchers, practitioners, and policymakers. Another example is the contribution by faculty members to the analysis of financial institutions and markets, which is fundamental to our understanding of the trade-offs between economic systems and their implications for financial fragility and crises.

Faculty research, both empirical and theoretical, includes such areas as:

  • Structure of financial markets
  • Formation and behavior of financial asset prices
  • Banking and monetary systems
  • Corporate control and capital structure
  • Saving and capital formation
  • International financial markets

Candidates with undergraduate training in economics, mathematics, engineering, statistics, and other quantitative disciplines have an ideal background for doctoral studies in this field.

Effective 2023, The Wharton Finance PhD Program is now STEM certified.

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The 10 Best PhD Programs in Finance

Lisa Marlin

In essence, finance is the study of economics and the claims on resources. The best PhD programs in finance help you develop professionally so you can make difficult decisions around fund allocation, financial planning, and corporate financial management. This qualification will also equip you for a career in teaching or research at top universities.

Which of the 10 best finance PhDs is best for you?

Read on to learn everything you need to know.

Table of Contents

Why Get a Doctorate in Finance?

According to the Bureau of Labor Statistics (BLS), finance managerial professionals have an average salary of $131,710  per year, and jobs are estimated to grow by 17%  from 2020 to 2030. This is much more than the average across all occupations. With a PhD in finance, you may work as a finance manager or even become a CEO of a large corporation.

Jobs and Salaries for Doctors of Finance

After earning a PhD in finance, you can find well-paid jobs as a professor or in various corporate finance roles.

Here are some of the most common finance professions with the average annual salaries for each:

  • Financial Manager ( $96,255 )
  • Financial Analyst ( $63,295 )
  • Finance Professor ( $73,776 )
  • Chief Financial Officer ( $140,694 )
  • Investment Analyst ( $67,730 )

Read More:   The Highest Paying PhD Programs

What’s the average cost of a phd program in finance.

The tuition for a PhD in finance can vary depending on the university, with public institutions generally being much more affordable than private ones.

Across all schools, the average tuition is around $30,000 per year.

However, on top of this, you need to factor in other expenses, which could add up to another $30,000 a year. Some top universities offer full funding, including tuition and a stipend for all students who are successfully admitted to the program.

Read Next: The Average Cost of a Master’s Degree in Finance

Top finance phd programs and schools, stanford university, graduate school of business.

PhD in Finance

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Stanford University is one of the most prestigious business schools in the world. Its PhD in finance programs has an emphasis on theoretical modeling and empirical testing of financial and economic principles.

  • Courses include: Financial markets, empirical asset pricing, macroeconomics, and financial markets.
  • Duration: 5 years
  • Tuition : Full funding
  • Financial aid: Research & teaching assistantship, grants, outside employment, and outside support.
  • Delivery: On-campus
  • Acceptance rate: 5%
  • Location: Stanford, California

The University of Pennsylvania, The Wharton School

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The University of Pennsylvania’s renowned Wharton School of Business is home to faculty who are well-known in the field of business research. The school boasts a low student-faculty ratio in an atmosphere that allows you to work with faculty members as peers. This doctor of finance program emphasizes subjects like asset pricing, corporate finance, and portfolio management. This helps students become experts in research and teaching in these areas.

  • Courses include: Topics in asset pricing, financial economics, and international finance.
  • Credits: 18 courses
  • Financial aid: Fellowships, grants, student employment, health insurance, stipend, and loans.
  • Acceptance rate: 9%
  • Location: Philadelphia, Pennsylvania

The University of Chicago, Booth School of Business

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Booth School of Business is a major center for finance education because its faculty includes Eugene F. Fama, Nobel laureate and the father of modern empirical finance. This finance doctoral degree has an option for a joint PhD in collaboration with the university’s economics department.

  • Courses: Financial economics, financial markets in the macroeconomy, and behavioral finance.
  • Tuition : Refer tuition page
  • Financial aid: Grants, stipends, health insurance, scholarships, fellowships, teaching assistantships, research assistantships, and loans.
  • Acceptance rate: 7%
  • Location: Chicago, Illinois

The University of Illinois at Urbana-Champaign, Gies College of Business

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The University of Illinois at Urbana Champaign is one of the best places for studying and conducting research in finance. Its finance research faculty was ranked #4  in the UTD Top 100 Business School Research Rankings between 2016-2019. In this PhD in finance program, students can take the qualifying examination at the end of the first year and, if successful. They’ll be able to start their research project earlier and complete the degree sooner.

  • Courses include: Empirical analysis in finance, corporate finance, and statistics & probability.
  • Duration: 4-5 years
  • Financial aid: Full tuition waiver, stipends, scholarships, grants, student employment, and loans.
  • Acceptance rate: 63%
  • Location: Champaign, Illinois

Massachusetts Institute of Technology, Sloan School of Management

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The Sloan School is one of the top research centers in the world, which aims to transform students into experts who can handle real-world problems in a wide range of spheres, from business and healthcare to climate change. This PhD program in finance gives students the flexibility to choose between a wide range of electives and even study some courses at Harvard.

  • Courses include: Current research in financial economics, statistics/applied econometrics, and corporate finance.
  • Duration: 6 years
  • Financial aid: Full tuition, stipend, teaching assistantships, research assistantships, health insurance, fellowships, scholarships, and loans.
  • Location: Cambridge, Massachusetts

Northwestern University, Kellogg School of Management

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The Kellogg School of Management allows students to conduct independent research under the supervision of faculty who’ve made significant contributions to the field and have earned numerous prestigious awards. This doctorate of finance program’s admission process has a dual application option. You can also apply to the Economics PhD simultaneously, so if you are not selected for the finance program, you may be considered for economics.

  • Courses include: Econometrics, corporate finance, and asset pricing.
  • Duration: 5.5 years
  • Financial aid: Tuition scholarship, stipends, health insurance, moving allowance, and subsidies.
  • Location: Evanston, Illinois

The University of California Berkeley, Haas School of Business

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The Haas School of Business in Berkeley is an innovative institution that questions the status quo, takes intelligent risks, and accepts sensible failures in its path to progress. This finance PhD program offers students opportunities to learn about cutting-edge research from faculty from around the world.

  • Courses include: Corporate finance theory, stochastic calculus, and applications of psychology & economics.
  • Tuition : Refer cost page
  • Financial aid: Fellowships, grants, tuition allowance, stipends, teaching assistantships, and research assistantships.
  • Acceptance rate: 17%
  • Location: Berkeley, California

The University of Texas at San Antonio, Alvarez College of Business

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The Alvarez College of Business is one of the forty largest business schools in the USA. It follows a comprehensive and practical approach to education that allows students to apply the knowledge they gain directly in the workplace. This PhD in finance encourages students to do collaborative research with the faculty, which helps them publish their own academic papers before they even complete the program.

  • Courses include: Corporate finance, international financial markets, and microeconomic theory.
  • Credits: 84 (post-bachelors)
  • Financial aid: Scholarships, grants, work-study, teaching assistantships, research assistantships, research fellowships, and loans.
  • Acceptance rate: 84%
  • Location: San Antonio, Texas

Liberty University, School of Business

Doctor of Business Administration (DBA) in Finance

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Liberty University is a non-profit institution among the top five online schools in the USA and has been offering fixed tuition fees for the past seven years. This is one of the best PhD in Finance programs you can do completely online. It aims to prepare students to address issues in business finance through research, best practices, and relevant literature.

  • Courses: Managerial Finance, Investments & Derivatives, Business Valuation, etc.
  • Credits: 60
  • Duration: 3 years average
  • Tuition : $595 per credit
  • Financial aid: Grants, scholarships, work-study, veteran benefits, and loans.
  • Delivery: Online
  • Acceptance rate: 50%
  • Location: Lynchburg, Virginia

Northcentral University

PhD in Business Administration (PhD-BA) – Finance Management

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Northcentral University was founded with the objective of offering flexible, fully-online programs to working professionals around the world. This doctorate degree in finance online is flexible and allows you to design your own schedule. You will also get one-on-one personal mentoring from qualified faculty.

  • Courses include: Business financial systems, business statistics, and business leadership & strategy.
  • Duration: 84 months average
  • Tuition: $1,105 per credit
  • Financial aid: Grants, scholarships, and military scholarships.
  • Acceptance rate: NA
  • Location: Scottsdale, Arizona

Things To Consider When Choosing a Finance PhD Program

The right PhD program for you is a very personal decision and will depend on several individual factors.

However, these general questions will help you to make the right choice:

  • Is the university properly accredited?
  • Does the university conduct innovative and cutting-edge research?
  • Are there renowned faculty members who you’ll want to work with?
  • Do they offer subjects or specializations that match your career goals?
  • What is the school’s placement history?
  • What are the tuition fees, costs, and options for scholarships and financial aid?
  • Does the program offer online study options?

It’s also important to consider if you want to pursue a career in academia or work in organizations as a senior finance professional. A PhD degree will generally set you up for a career in research or academia, while a DBA is more suited to a career in business or government.

Preparing for a Finance Doctorate Program

It’s important to start preparing early if you want to be selected for one of the best finance PhD programs.

These handy tips can help you put your best foot forward:

  • Research the requirements of the best universities offering PhD in finance degrees, including pre-requisite subjects and qualifying grades. Keep these in mind when completing your bachelor’s or master’s degree.
  • Understand your strengths and weaknesses in relation to the program’s requirements. Work on your weaknesses and continue to hone relevant skills.
  • Read extensively in the field and keep up-to-date on regional and global developments.
  • Join communities of finance professionals to build your network and be exposed to the latest knowledge in the discipline.

Skills You Gain from Earning a PhD in Finance

The most important skills you learn as a doctor of finance include:

  • Communication skills, including writing and presentation skills
  • Data analytical skills
  • Economics and accounting skills
  • Critical thinking skills
  • Mathematical skills
  • Analytical software skills
  • Management and leadership skills
  • Problem-solving skills

PhD Programs in Finance FAQs

How long does a phd in finance take.

PhD programs in finance usually take between three and eight years to complete.

Is It Worth Getting a PhD in Finance?

A PhD in Finance is a qualification that’s in high demand today. It is a terminal degree and can help you get top-level jobs with lucrative salaries in corporate or large organizations.

How Much Can You Make With a PhD in Finance?

With a finance doctorate, you can expect to earn a salary anywhere from around $45,000 to $150,000, depending on your experience, role, and the organization you work for. According to the BLS, the average salary for finance PhD holders is $131,710 .

What Do You Need To Get a PhD in Finance?

The admissions requirements vary depending on the program, but you’ll typically need a bachelor’s or master’s degree in finance. The programs can take three to eight years of coursework and research.

To apply, you’ll usually need to submit:

  • Application
  • Academic resume
  • Academic transcripts
  • Recommendation letters
  • GRE or GMAT score
  • Personal essay

Final Thoughts

With a doctorate in finance, you can build a rewarding career in academia, research, or the business sector. Like any doctorate, these programs ask for dedication and hard work. By planning early, you’ll set yourself up to pursue one of the best PhD programs in finance.

For more on how to build your career in the field, take a look at our guides to the best master’s degree in finance , the highest paying PhDs , and fully-funded PhD programs .

Lisa Marlin

Lisa Marlin

Lisa is a full-time writer specializing in career advice, further education, and personal development. She works from all over the world, and when not writing you'll find her hiking, practicing yoga, or enjoying a glass of Malbec.

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Wharton Finance for Executives

Program overview.

With financial factors of risk and value underpinning every business decision today, the days of finance operating as a stand-alone corporate function are long gone. Yet senior-level executives from non-finance areas — such as legal, operations, engineering, and sales and marketing — often lack the requisite finance skills to identify and effectively communicate the financial implications of their strategic initiatives.

Wharton Finance for Executives fills this need, providing participants with highly relevant, actionable, and practical tools to understand the financial implications of their decisions, create sustained value for their company, and communicate the rationale for their decisions to finance colleagues. Participants leave the program with a solid understanding of corporate finance and its role as a critical business skill set.

Wharton Finance for Executives removes the shroud of mystery from finance, says Academic Director Michael R. Roberts.

Date, Location, & Fees

If you are unable to access the application form, please email Client Relations at [email protected] .

July 29 – August 2, 2024 Philadelphia, PA $12,750

September 23 – 27, 2024 Philadelphia, PA $12,750

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Program Experience

Who should attend, testimonials, highlights and key outcomes.

In Wharton Finance for Executives , you will:

  • Master integral financial analysis and evaluation tools and apply them to your business
  • Determine which operating decisions will drive the greatest value
  • Anticipate how decisions affect financial performance and create value
  • Become a more effective and persuasive communicator when dealing with corporate finance decision makers within your organization

Experience & Impact

Putting corporate finance at the heart of decision making is mission critical today, and not just in the C-suite. Senior-level executives in every industry face pressure to show the financial return and value of their initiatives, including the upside opportunity in and downside risk of every decision. Having a strong foundation in finance and an ability to speak that language is a must in today’s globally competitive market, because errors quickly become magnified and have greater implications for a company’s future.

Wharton Finance for Executives leverages what Wharton is world-renowned for — finance that strikes the right balance between academic rigor and practical application. Wharton faculty — led by finance professor and corporate finance expert Michael Roberts — apply their field-based research and professional experience to teach the latest strategic insights for making more informed and better decisions, and to provide participants with an improved ability to communicate those decisions to financial executives.

Faculty put the course curriculum in a context that is real, immediately applicable, and understandable. You will gain a thorough understanding of financial principles and the ability to apply them in practice. From practical tools to case application, you will apply financial tools and frameworks to real-world cases. You will leave the program with new financial acumen that can inform every strategic decision you make and position you as champion within your organization.

Ultimately, the program removes the shroud of mystery that people often have about corporate finance and empowers participants to use this understanding to improve their business, show their value to the organization, and further their professional development.

Session topics include:

  • Sources of Value and Free Cash Flow
  • Cost-Benefit and Discounted Cash Flow Analysis
  • Decision Criteria: Net Present Value, Internal Rate of Return, and Payback Period
  • Risk, the Cost of Capital, and the Hurdle Rate
  • Risk Assessment and Sensitivity Analysis in Decision Making
  • Returns vs. Value
  • Staged Decision Making with Decision Trees

Wharton LIVE Programming

Real-time, synchronous peer learning

Program Duration:

Building Your Network

  • Q&A Networking Forum During these sessions, faculty will examine and discuss the most promising opportunities and most significant challenges participants' organizations are facing. Participants act as a sounding board while simultaneously identifying the commonalities that connect the issues across organizations.
  • A keen understanding of how business decisions affect value and are reflected in financial metrics and accounting statements
  • Increased confidence to engage with financial executives
  • Insight into applying business valuation techniques to assess the value of investment projects, corporate assets, and whole companies for potential acquisition
  • The ability to better use financial information in managerial decision making
  • Rich opportunities to network with peers and engage in debates on current financial problems with some of the nation’s top finance faculty

Convince Your Supervisor

Here’s a justification letter you can edit and send to your supervisor to help you make the case for attending this Wharton program.

Due to our application review period, applications submitted after 12:00 p.m. ET on Friday for programs beginning the following Monday may not be processed in time to grant admission. Applicants will be contacted by a member of our Client Relations Team to discuss options for future programs and dates.

Professor Michael R. Roberts describes who should attend this program

Wharton Finance for Executives is designed for a broad range of non-financial leaders whose primary job responsibilities do not include corporate finance, as well as functional finance leaders. It appeals to professionals in every area — general management, operations, marketing, law, and operations as well as management consulting. The ideal participants in this program will already have a basic knowledge and understanding of corporate finance, but are finding that more of their job responsibilities intersect with corporate financial decision makers. These are executives who are rising within an organization and are now finding that having a deeper understanding of the role corporate finance can play in the growth of the company will be invaluable.

Additionally, mid-level to senior executives with a finance background who have not worked in finance recently or those who want to deepen their understanding of corporate finance as it pertains to strategic decision making will also benefit from attending this program. Participants in Wharton Finance for Executives are expected to be already familiar with how to use and interpret financial statements.

Fluency in English, written and spoken, is required for participation in Wharton Executive Education programs unless otherwise indicated.

Participant Profile

Participants by Industry

Wharton Finance for Executives participants by Industry

Participants by Job Function

Wharton Finance for Executives participants by job function

Participants by Region

Wharton Finance for Executives participants by region

Plan Your Stay

This program is held at the Steinberg Conference Center located on the University of Pennsylvania campus in Philadelphia. Meals and accommodations are included in the program fees. Learn more about planning your stay at Wharton’s Philadelphia campus .

Group Enrollment

To further leverage the value and impact of this program, we encourage companies to send cross-functional teams of executives to Wharton. We offer group-enrollment benefits to companies sending four or more participants.

Michael Roberts

Michael Roberts, PhD See Faculty Bio

Academic Director

William H. Lawrence Professor; Professor of Finance, The Wharton School

Research Interests: Applied econometrics, corporate investment, capital structure

Itay Goldstein

Itay Goldstein, PhD See Faculty Bio

Joel S. Ehrenkranz Family Professor, Professor of Finance, Professor of Economics; Chairperson, Finance Department, The Wharton School

Research Interests: Corporate finance, financial fragility and crises, financial markets

Jules Van Binsbergen

Jules van Binsbergen, PhD See Faculty Bio

The Nippon Life Professor in Finance; Professor of Finance, The Wharton School

Research Interests: Asset pricing, institutional investors, investments

As vice president of human resources for the Timken Company, I lead our global team of HR business partners. While my role is managing human capital, as part of the executive leadership team I participate in discussions and decisions that have a financial impact. I participated in Wharton Finance for Executives to better contribute to those decisions. I learned about the effect that different decisions, whether related to an individual project, portfolio management or larger working capital decision, can have on a company’s overall financials. The information about corporate structure and its impact on the financial position and decision-making of the company was particularly valuable. The program balanced classroom knowledge with case studies to help solidify the information. Our class came from different industries, company sizes and structures, and roles within their organization, from project managers to C-suite executives. The professors delivered the content in a way that was meaningful to all of the attendees. The class content provided a solid foundation and the diversity of the participants contributed further to the value of the program. The faculty brought a diverse set of experience and expertise. The lead professor, Michael Roberts, was phenomenal. He had great knowledge and real-life experience, but most importantly a passion for the learning process that made class educational, fun, and impactful.”

Amanda Montgomery  VP, Human Resources, The Timken Company

I work at NextEra Energy Resources, an industry leader in wind and solar in the United States. As an asset manager, I deal with wind portfolio — roughly 25 wind farms. I work closely with origination and development teams that help with our growth trajectory, and I’m responsible for the financial performance of the wind farms once they are operational. I interface with customers and the markets who buy the power and most of my assets are financed, so I am dealing with various lenders and creditors, which was one reason the Wharton Finance for Executives program was such a strong fit for me. I chose Wharton after looking at the curriculum and talking to peers who had attended Wharton programs in the past. The curriculum fit my needs better than programs offered by other business schools. Wharton covered real options and how to value different business decisions, which has helped me enhance my competency and confidence as I face challenges, whether they are operational or technical. Wharton gave me the tools to better maneuver through the decision-making process. I am also able to bring more strategic perspectives on how to weigh the benefits of certain decisions for my portfolio. Professor Michael Roberts did such a fantastic job translating the material into real-world examples. He provided the kind of synthesis to help turn the program learnings into tangible, real-life tools that I could use when I returned to my job. I was also impressed by the diversity of program participants. They brought such broad and global perspectives that far surpassed my initial expectations. Participants came from a broad range of industries both domestic and international and it was hugely beneficial to me to learn about their experiences and the challenges my classmates have faced. Wharton also did a great job with the overall logistics. The ease of how this program was set up made it seamless for me and others as far as the meals, housing, and the class’s location. Wharton staff took a lot of the stress out of the logistical concerns so I could really focus on absorbing the course content. I had such a positive experience at Wharton that it has evolved my expectations of myself. I can certainly envision coming back to Wharton, if I do any further executive education.”

Megan Kiernan  Business Management, NextEra Energy Resources

I was first drawn to Wharton by virtue of its excellent reputation. My experience exceeded expectations. As the leader of Pfizer Consumer Healthcare’s Global Health organization, I am responsible for its global marketing strategy, innovation pipeline and R&D. The role also includes P&L responsibility for the innovation initiatives under development in the portfolio. My background, however, is in science, not business. I have a PhD in pharmaceutical science. While I have had a number of business-facing roles, my professional leadership experience has largely been within the R&D space. Our organization is both consumer-centric and science-based. However, financial analysis and metrics play a critical role in many decisions — including whether we pursue both internal and external business opportunities. Wharton Finance for Executives has directly enabled me to make more robust decisions. I now have a greater understanding of the language of finance and how to determine: - What’s a good investment? - Are we creating value with our investments? - What levers can we pull to improve the overall proposition and financial metrics? Not being a ‘business guy,’ I thought I might be at a disadvantage given the depth of business experience of the course participants. That wasn’t an issue. The course brought together people from many different backgrounds and experiences. The Wharton faculty and staff created a dynamic learning experience. Everything about the experience was highly relevant to real world challenges and decisions — from the content, to the instructional approach and class discussion.”

Peter John Ramsey, PhD  Senior VP, Global Health, Pfizer Consumer Healthcare

In my work in the corporate strategy department at Monsanto, I do quite a lot with mergers and acquisitions and divestitures but also longer term strategy decisions that require thinking about the future. Wharton’s Finance for Executives program was the only course I found that covers a combination of these topics. I can honestly say that I have applied almost everything I learned at Wharton to my current projects at work. This has varied from a valuation viewpoint to comparing different deals to each other, comparing resources to validate which project to move forward on and applying the fundamentals of corporate decision making. I have even been able to apply measurements and analysis like NPV, IRR, and cost of capital measures to countries outside of the U.S. It is always hard to consider an M&A deal without having detailed information — this course helped me better understand and use assumptions in my analysis. Wharton emphasized the fact that there are only four or five key factors that make a significant difference in a deal and you have to get those as close to right as possible. This concept really resonated with me. Now if my colleagues and I ever get distracted from those factors, I can easily guide the discussion back to what matters. My daily job is figuring out deals that are aimed at enabling farmers to be more successful to feed a growing population — and Wharton has sharpened my strategic deal-making skills .”

Elzandi Oosthuizen  VP, Global Strategy, Monsanto Company

As a C-level executive without a finance or economics degree, this course filled in a few gaps for me, validated some of my experience and overall increased my confidence using these financial frameworks to make strategic decisions. Whether you are trying to gain support for a strategy, sell a new project or evaluate a proposal that’s been presented to you, these frameworks can help you more effectively understand opportunities and risks. Both the Finance for Executives and the Private Equity programs at Wharton have helped validate what I’ve learned through on-the-job experience as well as identified areas to reinforce either in the class or through further instruction. That’s precisely what I was looking for — do I have any blind spots? Is there anything I’m missing in terms of what I’ve learned on the job? Going back to the classroom for a focused period of learning has really allowed me to meet both of those objectives.”

Jonathan W. Roberts  Banking Executive

Download the program schedule , including session details and format.

Hotel Information

Fees for the on-campus program include accommodations and meals. Prices are subject to change.

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The field of finance covers the economics of claims on resources. Financial economists study the valuation of these claims, the markets in which they are traded, and their use by individuals, corporations, and the society at large.

At Stanford GSB, finance faculty and doctoral students study a wide spectrum of financial topics, including the pricing and valuation of assets, the behavior of financial markets, and the structure and financial decision-making of firms and financial intermediaries.

Investigation of issues arising in these areas is pursued both through the development of theoretical models and through the empirical testing of those models. The PhD Program is designed to give students a good understanding of the methods used in theoretical modeling and empirical testing.

Preparation and Qualifications

All students are required to have, or to obtain during their first year, mathematical skills at the level of one year of calculus and one course each in linear algebra and matrix theory, theory of probability, and statistical inference.

Students are expected to have familiarity with programming and data analysis using tools and software such as MATLAB, Stata, R, Python, or Julia, or to correct any deficiencies before enrolling at Stanford.

The PhD program in finance involves a great deal of very hard work, and there is keen competition for admission. For both these reasons, the faculty is selective in offering admission. Prospective applicants must have an aptitude for quantitative work and be at ease in handling formal models. A strong background in economics and college-level mathematics is desirable.

It is particularly important to realize that a PhD in finance is not a higher-level MBA, but an advanced, academically oriented degree in financial economics, with a reflective and analytical, rather than operational, viewpoint.

Faculty in Finance

Anat r. admati, juliane begenau, jonathan b. berk, greg buchak, antonio coppola, peter m. demarzo, darrell duffie, steven grenadier, benjamin hébert, arvind krishnamurthy, hanno lustig, matteo maggiori, paul pfleiderer, joshua d. rauh, claudia robles-garcia, ilya a. strebulaev, vikrant vig, jeffrey zwiebel, emeriti faculty, robert l. joss, george g.c. parker, myron s. scholes, william f. sharpe, kenneth j. singleton, james c. van horne, recent publications in finance, make decisions with a vc mindset, behavioral responses to state income taxation of high earners: evidence from california, beyond the balance sheet model of banking: implications for bank regulation and monetary policy, recent insights by stanford business, how to: reject pitches like a venture capitalist, when the export-import bank closed up, u.s. companies saw global sales plummet, cashless: is digital currency the future of finance.

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Academia Insider

What Is An Executive PhD Program For Working Professionals?

If you are a seasoned professional, and think that you have more experience what an executive MBA can give you, you may be thinking about getting an Executive PhD.

In this post, we explore how this specialised doctoral program blends rigorous academic research with real-world business applications, offering a dynamic pathway for business leaders to elevate their expertise and impact.

Join us as we unravel the details of this prestigious program designed for the modern executive.

What Is An Executive PhD Program?

An Executive PhD Program is a unique beast, designed for seasoned professionals who are ready to elevate their impact.

Picture this: you’re a senior manager with extensive professional experience, but you crave something more, something that a traditional MBA program can’t offer.

Imagine diving into a program that marries the rigors of a doctoral program with the practicalities of the business world.

The Executive PhD in Business, often housed in a prestigious college of business or a business school, is tailored for those who don’t just want to learn about business administration but want to shape it.

phd in finance for working executives

The heart of the program lies in its approach to research. You won’t just be a doctoral student; you’ll be an applied researcher, delving into complex business problems. In executive PhD, you usually focus on areas with relevance to your professional work like: 

  • Strategic management,
  • Business analytics,
  • International business, and

You’ll join a cohort of like-minded professionals, each bringing their own wealth of knowledge and leadership experience.

Executive PhD is designed to be completed while you continue working. This means you can apply your newfound knowledge in real-time, transforming your workplace even as you study.

The dissertation process in the Executive PhD is not just about producing new knowledge; it’s about employing rigorous research methods that blend theory and practice.

Faculty will support and guide you as you produce publishable research that employs varied qualitative and quantitative research methods.

How Does Executive PhD Program Work?

Embarking on an Executive PhD program is like stepping into a new realm where academic rigour meets real-world business acumen. 

Designed for working professionals, particularly those with substantial leadership experience, this program allows you to continue your career while pursuing an advanced degree. Think of it as a bridge linking the world of academia with the dynamic landscape of business leadership.

As you delve into the program, you’ll find it is meticulously structured to cater to the needs of seasoned business professionals.

phd in finance for working executives

Unlike traditional PhD programs, the Executive PhD is often part-time and may offer online classes, making it more accessible for those balancing a demanding career. 

You become part of a cohort, a group of like-minded individuals who not only share your professional interests but also contribute to a rich learning environment through their diverse experiences.

One of the program’s core elements is its focus on applied research. Here, you’re not just a doctoral student; you’re an applied researcher addressing complex business challenges.

The dissertation, a pivotal part of the doctoral journey, is not merely an academic exercise. Instead, it’s an opportunity to explore and contribute new knowledge to your field, using rigorous research methods that blend both qualitative and quantitative skills.

The Executive PhD in Business Administration, for instance, might offer concentrations in areas like:

  • International business, or
  • Organisational behaviour.

This specialisation allows you to tailor your studies to your specific research interests and career goals. 

The business school faculty, often composed of esteemed professionals and academics, provide invaluable guidance, ensuring your research is both impactful and relevant.

Completing an Executive PhD gives you added credibility in the business community. It’s a testament to your ability to combine extensive professional experience with academic insights, elevating your status to that of a thought leader.

This degree goes beyond mere academic achievement; it’s about enhancing your capacity to influence and innovate in today’s complex business environment.

What Is The Difference Between Executive PhD and Traditional PhD?

When you compare an Executive PhD with a traditional PhD, you’re looking at two distinct paths converging at the same destination – a doctoral degree, but with different journeys.

The Executive PhD is a newer concept, designed with working professionals in mind, especially those who have already carved a niche in their field and are looking to deepen their expertise.

The traditional PhD, often found in academia, is a full-time, immersive program focusing on developing new knowledge and research skills. It’s ideal for those aiming for a career in academia or research-intensive roles.

The journey typically involves a deep dive into a specific area of study, with a significant emphasis on original research and contributing new insights to the field.

On the other hand, the Executive PhD, typically offered by business schools or colleges of business, is tailored for senior managers and business leaders with extensive professional experience.

This program blends the rigour of doctoral education with practical business applications. It’s a part-time, more flexible option, often including online classes, allowing you to maintain your professional commitments while pursuing your degree.

phd in finance for working executives

A key difference lies in the nature of the dissertation. In a traditional PhD, the focus is on theoretical research, contributing new academic knowledge.

In contrast, the Executive PhD dissertation often involves applied research, addressing real-world business challenges, and employing varied qualitative and quantitative research methods. It’s not just about theory; it’s about applying that theory to practice.

Additionally, the Executive PhD program offers concentrations in areas like:

  • Strategic management, or
  • International business.

Aside from these, you are also free to align your studies with the specific interests and career goals of business professionals.

The cohort model of the Executive program also fosters a collaborative learning environment, where you learn not just from the curriculum but from the diverse experiences of your peers.

While both paths lead to a doctoral degree, the Executive PhD is designed for those ready to apply their expertise in new and fulfilling ways, blending their professional experience with academic rigour to become more impactful leaders in the business community.

Is Executive PhD Better Than Traditional PhD?

An executive PhD and a traditional PhD are like two highly specialised tools, each designed for a specific job. The question of which is ‘better’ depends largely on your professional goals and where you see yourself in the future.

An Executive PhD, offered by many a business school or college of business, caters to seasoned business professionals.

It’s a program designed for those who have already climbed the corporate ladder and are looking to further enhance their skills in executive leadership, strategic management, or business analytics.

The beauty of this program lies in its practicality.

You learn theories and then apply them directly to your current role, making the learning process immediately relevant and impactful. The cohorts are usually smaller, fostering a more intimate and collaborative learning environment.

On the other hand, a traditional PhD program is typically more research-focused and theoretical. It’s ideal if you’re aiming for a career in academia or a field that demands a high level of specialised research.

Here, you dive deep into a specific area, with the goal of producing new knowledge, often through extensive dissertation work.

phd in finance for working executives

Ultimately, the choice between an Executive PhD and a traditional PhD hinges on your career trajectory.

If you’re a business professional looking to elevate your existing expertise and apply it in new and fulfilling ways, an Executive PhD could be the perfect fit. If your aspirations lie in academia or in a research-intensive role, a traditional PhD might be the better route.

Each program offers a different set of benefits and caters to different needs, making them both valuable in their own right.

Wrapping Up: Both Traditional and Executive Ph.D Are Great

Executive PhD programs stands as a beacon for experienced professionals seeking to deepen their expertise while continuing their career.

It uniquely combines academic rigour with practical business insights, making it an ideal choice for those aspiring to reach new heights in leadership and innovation. 

Executive PhD programs not only enhances knowledge and skills but also opens doors to new opportunities, solidifying its graduates as influential leaders and thinkers in the ever-evolving landscape of the business world.

phd in finance for working executives

Dr Andrew Stapleton has a Masters and PhD in Chemistry from the UK and Australia. He has many years of research experience and has worked as a Postdoctoral Fellow and Associate at a number of Universities. Although having secured funding for his own research, he left academia to help others with his YouTube channel all about the inner workings of academia and how to make it work for you.

Thank you for visiting Academia Insider.

We are here to help you navigate Academia as painlessly as possible. We are supported by our readers and by visiting you are helping us earn a small amount through ads and affiliate revenue - Thank you!

phd in finance for working executives

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phd in finance for working executives

  • Harvard Business School →
  • Doctoral Programs →

PhD Programs

  • Accounting & Management
  • Business Economics
  • Health Policy (Management)
  • Organizational Behavior
  • Technology & Operations Management

Students in our PhD programs are encouraged from day one to think of this experience as their first job in business academia—a training ground for a challenging and rewarding career generating rigorous, relevant research that influences practice.

Our doctoral students work with faculty and access resources throughout HBS and Harvard University. The PhD program curriculum requires coursework at HBS and other Harvard discipline departments, and with HBS and Harvard faculty on advisory committees. Faculty throughout Harvard guide the programs through their participation on advisory committees.

How do I know which program is right for me?

There are many paths, but we are one HBS. Our PhD students draw on diverse personal and professional backgrounds to pursue an ever-expanding range of research topics. Explore more here about each program’s requirements & curriculum, read student profiles for each discipline as well as student research , and placement information.

The PhD in Business Administration grounds students in the disciplinary theories and research methods that form the foundation of an academic career. Jointly administered by HBS and GSAS, the program has five areas of study: Accounting and Management , Management , Marketing , Strategy , and Technology and Operations Management . All areas of study involve roughly two years of coursework culminating in a field exam. The remaining years of the program are spent conducting independent research, working on co-authored publications, and writing the dissertation. Students join these programs from a wide range of backgrounds, from consulting to engineering. Many applicants possess liberal arts degrees, as there is not a requirement to possess a business degree before joining the program

The PhD in Business Economics provides students the opportunity to study in both Harvard’s world-class Economics Department and Harvard Business School. Throughout the program, coursework includes exploration of microeconomic theory, macroeconomic theory, probability and statistics, and econometrics. While some students join the Business Economics program directly from undergraduate or masters programs, others have worked in economic consulting firms or as research assistants at universities or intergovernmental organizations.

The PhD program in Health Policy (Management) is rooted in data-driven research on the managerial, operational, and strategic issues facing a wide range of organizations. Coursework includes the study of microeconomic theory, management, research methods, and statistics. The backgrounds of students in this program are quite varied, with some coming from public health or the healthcare industry, while others arrive at the program with a background in disciplinary research

The PhD program in Organizational Behavior offers two tracks: either a micro or macro approach. In the micro track, students focus on the study of interpersonal relationships within organizations and the effects that groups have on individuals. Students in the macro track use sociological methods to examine organizations, groups, and markets as a whole, including topics such as the influence of individuals on organizational change, or the relationship between social missions and financial objectives. Jointly administered by HBS and GSAS, the program includes core disciplinary training in sociology or psychology, as well as additional coursework in organizational behavior.

Accounting & Management  

Business economics  , health policy (management)  , management  , marketing  , organizational behavior  , strategy  , technology & operations management  .

  • PhD Programs

Man leading business meeting

Executive PhD in Business

A part-time, accelerated phd program that combines real-world business with world-class research.

Today's business executives face unprecedented challenges that require uncommon leadership and the ability to gain deep insight into the issues that define the global economy.

Bentley's part-time Executive PhD in Business delivers an intellectually rigorous and critically relevant academic opportunity for seasoned professionals. The program develops a new breed of high-achieving industry leaders who combine business acumen with a research-driven mindset. Graduates will earn more than a valuable credential. They will gain the rare ability to identify the most consequential of challenges, the analytical toolset to reach data-driven decisions, and the insights to manage change in any business or organization. 

Program Attributes

Earn your PhD on a schedule that allows you to maintain your high-powered career and busy life.

Accelerated

Graduate in three years, far faster than traditional five-year PhD programs.

Virtual classes can be taken from home, the office, or anywhere you want. Face-to-face sessions bring students and faculty together twice each semester.

Cohort-Based

Grow your network by studying with the same dedicated group of peer business leaders over the course of your program.

Learn more and take the next step

Why an executive phd.

Three PhD students graduating from Bentley

Relevancy and Rigor

Bentley's Executive PhD provides an unparalleled opportunity to access the doctoral study of business, separating accomplished professionals and strong performers from their peers. The Executive PhD program offers industry leaders access to an enriching academic experience, provides the  tools and skills to claim greater agency over future opportunities, dedicates meaningful time to reengage in learning and researching, and culminates with the unique opportunity to create new knowledge through a formal dissertation. 

Growth and Opportunity

Graduates will leave Bentley with an enhanced ability to identify and address the most consequential of challenges, the analytical skills that will help executives to quickly reach informed decisions, and the advanced management skills needed to effectively implement critical change in an evolving, dynamic, global organization .

women business leader shaking hands with partner

Why Bentley?

Proven reputation.

A history of educating and elevating business leaders who make an immediate and lasting impact across all industries.

Expert Faculty

World-class researchers in fields such as leadership, experience design, business analytics, accounting, entrepreneurship and more.

Leading Technology

Access to an unmatched collection of learning labs, where you will leverage the latest data, research and modeling tools.

Program Structure

executive education phd program structure

Program Information and Details

The Executive PhD in Business is a part-time, accelerated and flexible three-year program that will allow you to earn a doctorate while continuing to grow your career. 

To learn details of the program, view our curriculum map, and learn about the program's three focus areas (Leadership, Business Analytics, and Experience Design), please visit the curriculum page .

  Learn More about the Curriculum and Focus Areas

Admission Requirements

  • Master’s degree required
  • Minimum eight years work experience
  • Demonstrated leadership experience in business

Application Requirements (Application Opens on October 7, 2024)

  • All academic transcripts
  • GMAT or GRE scores (optional)
  • Personal statement
  • Two letters of recommendation
  • Application fee ($150)

Following the initial application:

  • Finalists will be invited to participate in a research webinar and asked to submit an 8 to 10 page research proposal. This research proposal will serve as an early preview of a dissertation topic.

Application Deadlines

  • Early admission deadline of January 6, 2025
  • Final deadline of March 17, 2025
  • Finalists will be notified of advancing to the next round on a rolling basis.
  • The program is designed to be completed in three years over the course of nine semesters. The total cost of the three-year program is $153,000, or $17,000 per semester.
  • The program cost includes tuition, books and software.
  • Students are responsible for the cost of travel and lodging associated with attending the required immersion weekends. 

Learn more about Tuition and Fees, Refund Policy, Payment and Financing Options

How does this program differ from Bentley’s PhD in Business and PhD in Accounting?   This program allows students to maintain their career while earning their PhD in a flexible, accelerated, part-time format. 

What are the on-campus requirements? During the first year of the program there is an orientation plus three on-campus immersions (Friday/Saturday) during both the fall and spring semesters. During the summer semester there are two immersions (Friday/Saturday).  During the second year of the program there are three immersions (Friday/Saturday) during both the fall and spring semesters, and two immersions during summer term.

How do I find a faculty adviser? Students will be matched with a faculty advisor during the admissions process and will begin meeting with their advisors during the first semester.

How do the three focus areas work with the PhD? Students will pick one of these areas (Leadership, Business Analytics, Experience Design) for course work and research leading toward their dissertation. 

What is the deadline to apply?  The application process for this program is extremely  competitive. We encourage all students to complete their application as early as possible. The early admission application deadline is January 6, 2025. All other applications are due by March 17, 2025.

Why an Executive PhD in Business?

Program Director Jill Brown covers some of the ways an Executive PhD could help advance students in their careers and academic pursuits. 

Work With World-Class Experts

Bill Gribbons

Dr. William Gribbons

Teaching interests include: Human Factors; Product Strategy and Innovation; Design Ethics  

Dr. Tatiana Manolova

Dr. Tatiana Manolova

Teaching interests include: Competitive Strategy; Global Strategy; International Entrepreneurship

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Dr. Mingfei Li

Teaching interests include: Applied Statistics; Applied Game Theory; Health and Business Analysis

for more information

Jill Brown

Jill A. Brown (PhD, University of Georgia) is the Hieken Professor of Business Ethics and Professor of management at Bentley University. Her scholarly interests include ethics, corporate social responsibility, social entrepreneurship, corporate governance and strategic leadership. Prior to her career in academia, Brown was a commercial banker and consultant.

Please email me to schedule a one-on-one meeting .

Learn More about our Executive PhD Program

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THE SEAT OF KNOWLEDGE THE HEART OF TRANSFORMATION

DOCTORAL PROGRAM for WORKING PROFESSIONALS

Expand the frontiers of knowledge.

phd in finance for working executives

The Doctoral program for Working Professionals PhD(WP) at IIM Shillong is a unique doctoral level program in management for working professionals in order to meet the requirements of the employer organization.

The goal of the program is to prepare enthusiastic executives and teaching professionals who contribute to the field of training, management research and consulting practice, launch an academic career and help to strike a balance between the theory and practice of management.

  The PhD(WP) program endeavours to co-create knowledge in all aspects of Management Education for sustainable development and to develop independent researchers with strong ethical values. The program is committed to inculcate in individuals the necessary knowledge and skills to co-create original cross functional interdisciplinary knowledge and contribute towards creating high quality research. The program will enhance the working professionals’ and teaching professional’ domain knowledge.

We encourage experienced professional with a blend of corporate experience, intellectual curiosity, and research aspirations. Whether you aim to establish an academic or research career to elevate your role to strategic / consulting level on both – the program offers you the platform to learn academic and unleash your potential for knowledge creation.

Program Vision

The PhD(WP) Program at IIM Shillong offers intellectually curious working professionals an opportunity to gain advanced research skills to complement their practical knowledge. The program enables professionals to acquire interdisciplinary research expertise on a part-time basis over a period of three to four years. The program will equip professionals to produce high-quality research output of international standards through specialized research training and global collaborations. ; and empowers them to offer practical and sustainable solutions facing businesses and managers. This program will facilitate professionals to pursue varied career avenues such as academia, management consultancy, training, coaching, and research.

EXPECTATIONS FROM THE PROGRAM

Competency to search for explanation and potential solutions for operational and strategic level management Competency to effectively document the problem and the proposed solution for knowledge creation and transfer Competency to systematically communicate one's ideas/knowledge in chosen domain

THE PROGRAM ENDEAVOURS TO PROVIDE YOU WITH

Inputs for domain knowledge Understand knowledge creation process Critically examine existing body of knowledge Formulate research questions to aid knowledge generation facilitation by gaps in existing body of knowledge To devise/design a strategy to extract the potential solution and possible generalization extension To implement the strategy towards attaining solution for the identified research question To document the problem, process and solution To solicit feedback through scholarly publication and get recognized

Competence Goals and Program Objectives

phd in finance for working executives

Competency Goal 1

Contemporary managerial problem-solving acumen. Students will be able to demonstrate knowledge of management theories and practices to solve business problems. Programme Objectives: The students should be able to: PO 1a: Analytically examine the Managerial Problem using their domain knowledge. PO 1b: Develop critical thinking abilities to understand, analyze and communicate innovative alternatives for decision making. PO 1c: Anticipate and adapt to disruptions catalyzed by emerging technologies.

phd in finance for working executives

Competency Goal 2

Demonstrate effective interpersonal skills. Students will be able to demonstrate ability to lead themselves and others for business decision making. Programme Objectives: The students should be able to: PO 2a: Contribute individually and as a team player. PO 2b: Communicate impactfully in a local / multi-cultural / global environment.

phd in finance for working executives

Competency Goal 3

Awareness of ethical and sustainability challenges in business and society. Students will demonstrate awareness of ethical and sustainability challenges in a changing GLOCAL order. Programme Objectives: The students should be able to: PO 3a: Recognize ethical issues in different global business contexts. PO 3b: Demonstrate awareness about the sustainability challenges in decision making.

phd in finance for working executives

Competency Goal 4

Demonstrate ability to teach students in academic settings. Our scholars will be able to demonstrate the necessary teaching skills and ability to engage in research-oriented careers Programme Objectives: The scholars should be able to: PO4a: Demonstrate professional and academic writing. PO4b: Demonstrate skills required for teaching management.

Immersion Program for PhD WP 2022 & 2023 Batch

phd in finance for working executives

Wisdom Speeks

phd in finance for working executives

Bibhu Deb Scholar, Doctoral Program (WP) Batch- 2022

The overall experience of the recent immersion program was highly satisfying. Nothing quite matches the energy of in-person meetings. We had the privilege of attending the dynamic pre-conference sessions of iMarC, setting the tone for the immersion program. Professor Weng Marc Lim’s session stood out as a captivating highlight, offering profound insights. Professor Murugan’s SLR classes were instrumental in bringing clarity to complex concepts. Moreover, the opportunity to engage with supervisors and TAC members fostered fruitful idea exchanges. Meetings with the Director, Dean (Academics), and Dean (Research) provided valuable perspectives on the institute’s expectations. The Ph.D. Chairperson’s reassurance of the institute’s high standards left a lasting impression, giving us a clear understanding of what lies ahead.

phd in finance for working executives

Harish Scholar, Doctoral Program (WP) Batch- 2023

The immersion program was a very well-crafted program. The Chief Guest of the program, Mr. Lim gave important insights on skills required to write a good paper that I can immediately apply. The ease with which he taught and made everything look so easy gave us a lot of confidence. Important topics were covered and emphasized, deepening my understanding and broadening my perspective. Session on Time Series Analysis and PLS- SEM were also very helpful and gave us enough food for thought.

I would have loved to stay in the Campus close to the professors to have more time for interactions and that is one area which the PhD office can explore for our next immersion. Overall, I would highly recommend this program to any scholar.

phd in finance for working executives

Mohit Sanguri Scholar, Doctoral Program (WP) Batch- 2023

“I attended the immersion program at IIM Shillong from 28 Jan 2024 to 02 Feb 2024, and I must say it was a very enriching and rewarding experience. The preconference workshop covered PLS-SEM, Time Series Analysis, and Paper development workshop for early-stage researchers. The instructors were very knowledgeable and engaging, and they explained the concepts and techniques with clarity and practical examples. I learned a lot from the sessions and gained valuable insights on how to conduct rigorous and impactful research. I also had the opportunity to network with other researchers and faculty members and exchange ideas and feedback. The immersion program was well-organized and facilitated by the IIM Shillong team, and I appreciate their hospitality and support. I would highly recommend the PhD program to anyone who wants to enhance their research skills and knowledge and learn from the best in the field.”

phd in finance for working executives

Dileep Narayanan Scholar, Doctoral Program (WP) Batch- 2023

“Participating in the immersion program at IIM Shillong from January 28 to February 1, 2024, was an incredibly enriching and beneficial experience for me. The program introduced me to novel subjects through pre-conference workshops, laying a solid foundation for my research journey. Among the highlights was the session led by a distinguished professor from Malaysia, whose simplicity and encouragement profoundly reassured me of my ability to complete my PhD program successfully.

The faculty at IIM Shillong demonstrated remarkable expertise, clearly explaining complex concepts and techniques and offering practical examples that greatly enhanced my understanding. This experience has significantly broadened my perspective on conducting rigorous and impactful research.

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phd in finance for working executives

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phd in finance for working executives

QUICK LINKS

phd in finance for working executives

Indian Institute of Management Shillong Umsawli, Shillong – 793018 East Khasi Hills District, Meghalaya, India P. (0364) 230-8000

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phd in finance for working executives

Mousumi Bhattacharya  is an Associate professor in finance whose research interest spans the field of FINTECH and Financial Services, Mergers & Acquisitions, Corporate Restructurings, Corporate Finance, Business Valuation, Corporate Governance, Earnings Management, Banking and Financial Econometrics. She has done her post graduate degree in business finance, M.Phil. and PhD from University of Calcutta and she was a rank holder at both M.Phil. and post-graduation level. She also has a diploma in business finance from ICFAI University. She has more than 50 scholarly research publications in peer reviewed journals. She is currently the Editor in Chief of  IIMS Journal of Management Science  the journal of the Indian Institute of Management Shillong that publishes research contributions in all areas of management and its allied discipline.

phd in finance for working executives

Dr. Mousumi Bhattacharya

Associate Professor, Ph.D., University of Calcutta

Shri Vivek Singh is a public policy and communications professional. He has been serving as OSD (Officer on Special Duty) to the Union Finance & Corporate Affairs Minister since May 2019. He has been a part of the FM’s team in the last 5 Union Budgets and also worked in the Raksha Mantri’s office from November 2018 to May 2019. He was a corporate banker before joining the government.

He is an alumnus of Shri Ram College of Commerce (SRCC), ICAI and IIM Shillong. He is a regular contributor of articles and opinion pieces in leading business dailies where he writes on macro-economy and policy-related topics. While at IIM-Shillong, he was a part of the Student Council and won the Gold Medal for being the Best All-rounder and making the ‘Most Positive Contribution to Campus Life’.

phd in finance for working executives

Shri Vivek Singh

OSD to Union Finance Minister, Alumnus, IIM Shillong

Rohit Joshi  is currently working as a Professor in the Operations Management and Quantitative Techniques area at IIM Shillong. He is a Fulbright fellow. He has done his Postdoctoral Research work at UCLA, the University of California, Los Angeles, USA. He has obtained his Ph.D from Department of Management Studies, Indian Institute of Technology Delhi. He has received Master in Technology from Malviya National Institute of Technology, Jaipur, in Industrial Engineering and his bachelor degree in Mechanical Engineering. He is a Gold Medalist and the University topper in his M.Tech and B.Tech respectively. His areas of interest in consulting and teaching assignments include Supply Chain Management, Operations Management, Six Sigma and Lean Thinking, Business Statistics, Project Management, Value-engineering, Design Thinking and Creative Problem Solving.

phd in finance for working executives

Rohit Joshi

Professor, Ph.D, IIT Delhi,Postdoc – UCLA, Los Angeles, USA

Maneesh Jaikrishna is currently serving as Regional Vice President for Middle East, APAC and Africa at Embross. Prior to this, he had had an illustrious 21 years career at SITA as the Vice President & General Manager for Indian Subcontinent, Dubai, Eastern & Southern Africa. He brings with him an extensive leadership experience in building organizations from ground up, business transformation and leading multi-functional teams in medium sized and large organizations across 30+ countries across ME, APAC, Indian Subcontinent & Africa while growing profitable businesses in the global Travel & Transport Industry. He has been instrumental in enabling win-win business outcomes through application of advance technology led IT systems and services to improve the travel experience, safety, security and operational efficiency for his airport, airline, government and other industry stakeholders.

Recipient of several awards, he had been nominated to SITA Board for 16 years and currently is an ExCo member in Embross. He has authored several articles, white papers as the media spokesperson which have been covered extensively in leading national and international publications. He had also been nominated to the Sectoral Innovation Council of the Ministry of Civil Aviation and as a member in the FICCI Civil Aviation Committee.

He holds a first class first B.E. (Hons.) degree in Electronics & Telecommunications of Mumbai University, and also an Executive Master of Business Administration degree from IMD Business School, Switzerland.

phd in finance for working executives

Shri. Maneesh Jaikrishna

Regional Vice President for Middle East, APAC and Africa at Embross

Degree: MBA for Working Executives (MBAWE)

Duration: Two-Year Program Live Classes held over Electronic Mode

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Dr. D P Goyal, Director, IIM Shillong, is an internationally acclaimed academician and researcher. He carries over thirty-five years of rich experience in teaching, research and various leadership roles in few of India’s finest institutions including MDI Gurgaon, IMT Ghaziabad and Thapar Institute of Engineering & Technology, Patiala. He is also a visiting Professor at Aarhus University, Denmark. Prof Goyal has already supervised fifteen PhD research scholars; published over 60 research papers and has been principal investigator of several sponsored research projects. He has more than a dozen books to his credit which includes three highly popular text books in Information Systems area. He has also been the editor of a couple of research journals and is on the Editorial Board of several national and international journals.

Prof Goyal has been on the expert/assessment/selection committees of various National bodies and is also on the Board of Governor/Governing Council; Academic Advisory Board; Academic Council; Board of Studies of a large number of business schools and universities.

phd in finance for working executives

Dr. D P Goyal

Director, Indian Institute of Management Shillong

Shri. Ashutosh Dikshit has over 16 years of professional experience in the roles of Presales, Innovation Consulting, Marketing and Program Management. During his career, he has worked across organizations such as Deloitte, IBM, Wipro Technologies, Birlasoft and University College London. In his current role, Ashutosh leads the CxO and Executive Briefing Program for Europe, Middle East and Africa (EMEA) at Amazon Web Services (AWS) and is based in London. He is an alumnus of IIM Shillong (PGP 2008-10) and is one of the winners of the prestigious Global Peter Drucker Challenge (2015).

phd in finance for working executives

Shri. Ashutosh Dikshit

CxO Advocacy and Executive Marketing - Senior Manager EMEA, Amazon Web Services & Alumnus, IIMS

Dr. Paula Sengupta is an artist, academic and curator resident in Kolkata. She graduated in Painting from the College of Art, New Delhi, followed by an MFA and PhD in Printmaking from Kala Bhavana, Santiniketan. She is currently Professor at the Department of Printmaking at Rabindra Bharati University, Kolkata.

She is author of The Printed Picture: Four Centuries of Indian Printmaking published by DAG, New Delhi and Foreign & Indigenous Influences in Indian Printmaking with LAP Lambert Academic Publishing, Saarbrucken, Germany.

Her curatorial projects include a soul (un)gendered: Anupam Sud – A Retrospective for DAG MODERN & KNMA, Delhi in 2019-20; Ghare Baire at the Old Currency Building, Kolkata for DAG MODERN and the Archaeological Survey of India in 2019; Popular Prints and the Freedom Struggle at the Drishyakala Museum, Red Fort, Delhi for DAG MODERN and the Archaeological Survey of India in 2019; the landmark exhibition Trajectories: 19th-21st Century Printmaking from India and Pakistan for the Sharjah Art Museum, Sharjah, UAE in 2014; and six editions of The Printed Picture: Four Centuries of Indian Printmaking for DAG MODERN, India from 2012-18.

phd in finance for working executives

Prof. Paula Sengupta

Professor, Ravindra Bharati University

Shri Atul Chandrakant Kulkarni is an Independent Management and Strategy Consultant in Infrastructure domain with special focus on Maritime Industry.

He has been advising various domestic and international clients on Feasibility Study, Project Master Plan, Business Plan, Operations and Strategy. He serves as Director on the boards of Eurasia Special Technologies Pvt Ltd. (Defense Equipment), Varti Agro Pvt Ltd. (Exports of Fresh Fruits), 3.Yuva Vikas Society (Skill Development), etc. He is also associated in the advisory committees and governing councils/boards of SNDT University, Mumbai, Adi Sankara Group of Institutions, Kerala, National Institute of Industrial Engineering (NITIE), Mumbai, among others.

He had earlier been associated in various roles including ‘C Level’ position with Chowgule Ports & Infrastructure Pvt. Ltd., V R Marine Services Pte Ltd, Singapore, Indian Ports Association, Gas Authority of India Limited, Deloitte Touche Tohmatsu India Pvt. Ltd, Ministry of Shipping, GoI, Camlin Ltd. and many others over his 3-decade professional career.

He is also Chairman of a Public Charitable Trust SEIL (Students’ Experience in Inter-state Living) focusing on National Integration.

Shri. Atul Chandrakant Kulkarni

Shri. Atul Chandrakant Kulkarni

Management Consultant, Director Eurasia Special Technologies Ltd

Shri Shishir Bajoria is a well-known Industrialist and the head of S K Bajoria Group – manufacturing ceramics for the steel industry in India, UK, USA, Germany, China. His businesses also include insurance services involving health and travel insurance administration, claim settlement, insurance and re-insurance broking; as well as an Art Gallery.

He has been the President of the Indian Chamber of Commerce- Kolkata, Honorary Vice Counsel for Denmark in Eastern India and has also been a Director of the State Industrial Development Corporations of Orissa (IPICOL) and West Bengal (WBIDC). He has been Knighted by the Governments of Denmark in 1998 and Italy in 2006. 

phd in finance for working executives

Shri. Shishir Kumar Bajoria

Chairman Board of Governors, IIM-S Head of S K Bajoria Group

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PhD in Financial Technology (FinTech)

Photo of student in front of computer screen with a finance and tech graphic overlay

Drive Innovation at the Intersection of Finance and Technology

The future of finance is here and it’s unfolding at an unprecedented pace. In an era marked by rapid technological advancements, the finance industry is undergoing a transformative shift, necessitating a new breed of professionals. Our program is dedicated to cultivating leaders who will pioneer the next wave of innovation in the financial sector.

Value Proposition Description

Why FinTech?  

The fusion of finance and technology, known as FinTech, represents one of the fastest-growing industry sectors globally. With a market capitalization exceeding $550 billion and more than 272 fintech unicorns, the potential for groundbreaking work in this field is vast. The rise of digital payments, mobile banking, cryptocurrencies, and beyond has reshaped the landscape of financial services, making FinTech an essential area of study and innovation.  

A Multidisciplinary Approach  

WPI’s FinTech PhD program is uniquely positioned to offer a comprehensive, multidisciplinary education that bridges finance, technology, computer science, and ethics. Leveraging the expertise of our distinguished faculty and the resources of our state-of-the-art FinTech Innovation Hub, students engage in cutting-edge research and practical applications of their studies.  

Two students at a computer

Curriculum for PhD in Financial Technology (FinTech)  

The FinTech PhD program offers a rigorous curriculum designed to equip students with an in-depth understanding of both the technological and financial aspects of this evolving field. Our program emphasizes:  

Covering blockchain technology, Asset Pricing, Price Theory, Econometrics, Macroeconomics, digital payments, AI, and machine learning, our courses are tailored to meet the demands of the FinTech industry.

By working closely with regional FinTech firms and departments across the university, students gain a well-rounded perspective on the technical, regulatory, and business dimensions of FinTech. The collaboration with Worcester Polytechnic Institute's (WPI) world-renowned faculty presents a unique and invaluable opportunity for scholars to engage in cutting-edge research in the field of finance. WPI's faculty are leaders in their disciplines, known for their innovative approaches and contributions to technology and finance.  

Collaborating with world-renowned faculty at Worcester Polytechnic Institute (WPI) significantly benefits students, especially in refining their research for publication in top finance journals. Working alongside leading academics offers students unparalleled access to advanced methodologies and insights into the finance field. This mentorship helps students navigate the complexities of research and publication, ensuring their work meets the high standards of prestigious journals. Such collaboration not only boosts students' academic profiles but also contributes valuable insights to the finance community.  

The benefits of this scholarly collaboration extend beyond individual achievements, contributing to the broader academic and professional communities by setting new benchmarks in finance research.

Our curriculum incorporates discussions on ethics, data privacy, and financial inclusion to prepare students for the ethical challenges they may face in their careers.

Graduates of our program are poised to make significant contributions to the FinTech sector, whether in academia, industry research, or leading their own innovative startups. Our alumni network spans the globe, with members holding pivotal positions in major financial hubs and pioneering the development of new technologies and business models.

Important Dates

Next Start: August 22, 2024  

Application Deadline: Apply by May 1st

FinTech Education at WPI: An Interdisciplinary Approach

Dean Debora Jackson and Professors Kwamie Dunbar, Joseph Sarkis, and Robert Sarnie of the WPI Business School discuss how the university’s cross-disciplinary experiential learning and collaboration make it the ideal place to study FinTech.

WPI Business School Dean Debora Jackson stands with the organizers of the FFEA conference.

FinTech for Inclusivity, Growth, and the Future

In partnership with Flame University, Boston Blockchain Association (BBA), and the Massachusetts High Technology Council, the WPI Business School and the Future Finance and Economics Association (FFEA) hosted their inaugural conference in October 2023—the first such FFEA event in the United States.

WPI & Flame University FinTech Lab

In partnership with Flame University, WPI’s FinTech Lab recognizes the critical role of adept individuals in driving this transformation. By fostering interdisciplinary collaboration, it cultivates a dynamic environment where experts from finance, technology, data science, and entrepreneurship converge to develop cutting-edge solutions.

Similar Majors

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Dr. Dunbar is currently a tenured Associate Professor of Finance at WPI. In addition to his extensive experience in teaching and research, he has a wealth of industry experience working with several fortune 500 companies in various capacities.

Professor Dunbar's research has appeared in leading economics and finance journals such as Quantitative Finance, Economic Modeling, International Review of Financial Analysis, and Research in International Business and Finance, amongst others. His [...]

Joseph Sarkis

Joseph Sarkis is a Professor of Management within Worcester Polytechnic Institute's Business School. He previously served as a faculty member at Clark University and the University of Texas at Arlington. His teaching and research interests are in the fields of environmental sustainability, operations and supply chain management. He is the author or co-author of over 600 publications. His research is widely cited and earned the designation of highly cited researcher for eight years from&n [...]

Rob Sarnie

Rob joins WPI from Fidelity Investments, where he spent 23 years in the finance industry, holding multiple executive leadership positions including VP of Strategy and Planning, VP Human Resource Systems, and VP Finance, Procurement, and Accounting Systems. Rob also previously held positions in both the public and private sectors for companies in the manufacturing and nonprofit industries.

At Fidelity, Rob exercised his passion for coaching and mentoring by leading multiple mentoring pro [...]

Take the First Step Today

Prepare to be a research or industry leader in the rapidly growing world of FinTech.

Monika SAVELSKYTE - Paris Campus - ESCP Business School

Monika SAVELSKYTE

Global Executive Ph.D. Recruiter Schedule a call +33 (0)6 78 44 12 62

Global Executive Ph.D. , ESCP Business School

  • Global Executive Ph.D.

October 2024

Language of instruction

Where you study

  • Executive Education
  • Fees & Financing

Global Executive Ph.D. Designed for an executive audience

Information Coronavirus:

Despite the situation related to Covid-19, we continue to accompany you with your professional development project.

The ongoing recruitment process: Application files to be completed online and selection interviews conducted remotely. Our team is always ready and available to listen to you.

Doctoral-level Qualification

The world we are living in is facing profound evolution and relentless change. In this environment, we need visionary leaders who are capable of adapting, learning and inspiring others. Our programme enables senior executives and business leaders to act as reflective practitioners and to conduct valuable, doctoral-level research on a part-time basis over three to four years. You will benefit from the expertise of ESCP’s international world-class faculty.

Participants are expected to remain in employment and leverage their professional and personal experience throughout the programme.

Overview of ESCP Global Executive Ph.D.

Research method modules.

Develop methodological and theoretical skills at a doctoral level

Advanced Specialisation Modules

Develop field-specific expertise

Modules delivered over 3 residential sessions

Research paper.

Apply the skills you have acquired to a concrete industry-relevant problem. Participants who successfully complete this paper and all courses from year 1 will be awarded an Executive Masters in Management Research from ESCP Business School.

Ph.D. Dissertation

Complete a publishable-level research work in your chosen field of expertise. The dissertation can take the form of three publishable papers or a monograph.

Why choose ESCP's Global Executive Ph.D. programme?

A unique opportunity.

The ESCP Global Executive Ph.D. represents a unique opportunity to enhance, validate, and leverage your professional expertise within a rigorous academic framework.

Stimulates your Intellectual Expertise

Whether your goal is to enhance your knowledge and expertise in a given operational area, enhance your industry practice with academic experience, or continue your lifelong appetite for learning, the ESCP Global Executive Ph.D. is for you. The programme will enable you to combine the most advanced academic research findings with the "hands-on" experience of experts and apply your conclusions to complex management paradigms.

Your Benefits

Company benefits, key facts of the global executive ph.d..

  • 86 executive participants
  • 2020 inaugural cohort
  • 33 nationalities represented
  • 44 year old, on average
  • 16 average years of work experience
  • 12 average years of managerial experience
  • 30% C-level, owners, and partners

Satisfaction rating  (2023) 3,7/4

Webinar An Executive Ph.D. Journey: How to Choose Your Research Topic

Tuesday, 16 april 2:30 p.m. - 3:30 p.m. (cest).

Daniela Lup - Professor of Management - ESCP Business School

Prof. Daniela Lup Professor of Management

Sam Sena, Global Executive Ph.D. Class of 2025

Sam Sena Global Executive Ph.D., Class of 2025

[On-demand] Webinar Elevate Your Expertise: Becoming a Thought Leader Through Research

Thursday, 7 march 2:30 p.m. - 3:15 p.m. (cet), [on-demand] webinar the impact of ai on research, thursday, 1 february 2:30 p.m. - 3:15 p.m. (cet), [on-demand] webinar the future of management, tuesday, 12 september 2:30 p.m. - 3:30 p.m. (cest), [on-demand] webinar unlock your research potential with the global executive ph.d.: the power of a strong advisor-advisee partnership, your resources white papers, discover the entire series of white papers: leaders for the future., global executive ph.d. academic research & a hands-on approach, programme structure, stage 1 18 months.

Coursework and First Research Paper

Stage 2 18* or 30 months * 18 months for accelerated participants

  • 6 Research methods modules
  • 4+ Advanced Specialisation modules
  • Research Paper 2 (RP2)
  • Research Paper 3 (RP3)
  • 2 Research Bootcamps

The Ph.D. dissertation can take the form of three publishable papers or a monograph.

Following Stage 1 and the successful completion of required courseworks and Field Research Paper 1 (RP1), you will be awarded an Executive Master in Management Research.

Following Stage 2 and the successful completion of your Ph.D. dissertation, you will be awarded an Executive Ph.D. (ESCP degree). ESCP Business School is a founding member of the Sorbonne Alliance.

For more details, contact your programme advisor .

Innovative Learning Model

  • A combination of academic, managerial teaching and reading materials will allow you to see how theoretical insights can be immediately translated into business outcomes.
  • An adapted learning methodology enables participants to combine their career experience with a Executive Ph.D. including assignments that help you master new knowledge in detail.
  • In-depth specialisation seminars allow you to acquire cutting-edge skills and to reflect on current and future trends in management.

International Standards

The courses adhere to the highest international standards. You will be taught research methodologies and benefit from specialisation courses linked to your dissertation project. Assignments will be given after each module to allow you to better integrate both the fundamentals and advanced concepts. You will also have a dedicated supervisor as well as coaching sessions to guide you towards the successful completion of your dissertation.

RESEARCH METHODS MODULES (Methodological and theoretical skills development)

  • Research Methods: Theory and Practice
  • Art Thinking and Research Creativity
  • Theory Building in Management Science
  • Design of Field Research Methods
  • Reading Seminar
  • Quantitative Methods: Empirical Methods and Causal Inference
  • Quantitative Methods
  • Applied Econometrics* * Participants who choose this module will have three specialisation modules instead of four.

SPECIALISATION MODULES (Field-specific expertise development) Below are examples of specialisation modules offered in alternate years.

Some advanced specialisation modules will be available and delivered online. Please contact the Global Executive Ph.D. office for the course schedules.

  • Management of Innovation
  • Advanced Topics in the Future of Work (Diversity, Inclusion and Global Leadership)
  • Advanced Topics in Artificial Intelligence and Social Media
  • Advanced Topics in Consumption in New Digital Age
  • Advanced Topics on Finance and Society
  • Advanced Topics in Behavioral Finance and Tech-driven Financial Services

Information & Operations

  • Advanced Topics in Big Data and Digital Transformation
  • Advanced topics in the Future of Supply Chain and Operations Management
  • Advanced Topics in the Robot and AI wave: business implications

Entrepreneurship

  • Advanced topics in Entrepreneurial Decision-making under Uncertainty

Accounting & Management Control

  • Advanced topics in Accounting and Boundaries of Organizations in the Digital Economy

Economics & Public Policy

  • Advanced topics in Real Estate and Public Policy

Sustainability

  • Advanced Topics in Sustainability

Ph.D. dissertation

Participants are required to write a Ph.D. dissertation , which takes the form of a monograph or three publishable papers. The Ph.D. dissertation defence is oral and open to the public.

Students are expected to complete the Ph.D. programme in 3-4 years in total.

Participants will be guided by their dissertation advisors all throughout this intellectual journey and supported through coaching and the “research bootcamps” which will help orient and adjust their work.

Global Executive Ph.D. Work closely with world-class faculty and benefit from their cutting-edge expertise and research

Prof. Argyro Avgoustaki

Professor Avgoustaki's interests lie at the intersection of human resource management and industrial relations. Her work has been published in Industrial and Labour Relations Review, Human Resource Management, and Economic and Industrial Democracy. Her work has been covered in media outlets such as The Financial Times, FT China, Business Insider UK, Le Monde, Le Figaro, The Daily Mail, Insider, CNBC, Le Soir, The Guardian, Women’s Health, New Scientist, Entrepreneur, MDR Radio, CNBC, and the World Economic Forum.

Prof. Argyro Avgoustaki

Professor Becker's research focuses on econometric modelling of marketing decisions, particularly advertising and its effectiveness. Maren’s work has been published in the Journal of Marketing and Journal of Marketing Research and was featured in press outlets such as die Zeit, Markenartikel, and Harvard Business Manager.

Prof. Pramuan Bunkanwanicha

Professor Bunkanwanicha's research lies research lies at the intersection of family business, political connections, and finance. Published in top-tier finance and economic journals, namely the Review of Financial Studies, the Journal of Financial and Quantitative Analysis, the Journal of Comparative Economics, his research has been also presented in major academic conference such as the American Finance Association (AFA), the Western Finance Association (WFA), the European Finance Association (EFA).

Prof. Sylvain Bureau

Based on Professor Bureau's research on creative practices, he created the Art Thinking : a method to create the improbable with certainty. He teaches this method in unique locations like Centre Pompidou. He has been a visiting scholar at UC Berkeley and City University of New York. Sylvain is also the co-founder of Storymakers, an app to make pitches people remember, and co-author of Free Your Pitch (Pearson, 2018).

Prof. Almudena Cañibano

Almudena Cañibano holds a PhD in Employment relations and organisational behaviour from the London School of Economics and Political Science. Her research seeks to understand the changing nature of work and its impact on employee well-being and organisational outcomes. She has looked at work practices such as flexible working and the digitalisation of work. Her work has been published in outlets such as Human Relations, Industrial Relations: A Journal of Economy and Society, Management Decision and the Oxford Handbook of Participation in Organizations .

Prof. Valentina Carbone

Areas of expertise : Sustainability, Supply Chain Management, Circular Economy transition.

Recent publications : Carmagnac, L., Carbone, V. and Touboulic A. (2022) “A Wolf in Sheep’s Clothing: The Ambiguous Role of Multistakeholder Meta-organisations in Sustainable Supply Chains”, Management, in press.

Prof. Regis Coeurderoy

Areas of expertise : strategic innovation, entrepreneurship, international business, market strategies.

Recent publications : BRIDOUX, F., COEURDEROY, R. and R. DURAND Heterogeneous social motives and interactions: The three predictable paths of capability development, STRATEGIC MANAGEMENT JOURNAL, 2017

Prof. Alberta Di Giuli

Professor di Giuli was a research assistant at the London School of Economics and a visiting fellow at Harvard Business School. Her research focuses on corporate governance, corporate social responsibility, mergers and acquisitions and family firms.

Prof. Frédéric Fréry

Frédéric Fréry is a Professor of Strategic Management at ESCP. He is author or co-author of 40 books, among which Stratégique, the most widely used strategy manual in the French-speaking world. He is also honorary professor at CentraleSupélec and expert for the Association Progrès du Management. He has been a Visiting Scholar at Stanford University and a Visiting Professor at the University of Texas at Austin. His research and teachings focus on strategy, organization and management of innovation.

Prof. Isaac Getz

Professor Getz is a former Visiting Professor at Cornell and Stanford. His book Freedom, Inc. has been published in 14 countries and won the Best Business Book award. His other book L'entreprise liberée has also won the Best Business Bookaward. Isaac has studied over 300 organizations on four continents and has published extensively.

Prof. Michael Haenlein

Professor Haenlein is the most cited researcher in the field of Word-of-Mouth, among the top three in the field of Customer Relationship Management and among the top ten in the field of Social Influence. Since May 2019 Michael is part of the Executive Committee of EMAC where he serves as Vice President Corporate Relationships.

Prof. Héctor Gonzalez Jimenez

Héctor González Jiménez has worked on projects for small to medium sized businesses as well as large international companies such as Pepsi or Ford. He is interested in interdisciplinary research that addresses phenomena on the self and consumption as well as human-robot interactions.

Prof.Paul Karehnke

Professor Karehnke's work has been published in Management Science (Spanning Tests for Assets with Option-Like Payoffs: The Case of Hedge Funds) and the Review of Finance (Time-varying state variable risk premia in the ICAPM) among others.

Prof. Daniela Lup

Professor Daniela Lup produces research, teaches, and consults in areas related to organizational behaviour, with a focus on practices related to decision making during transformation, negotiations, diversity & inclusion, creativity & teamwork. Her work is published in internationally renowned journals such as Organization Science, Journal of Business Ethics, Work Employment Society , and has been featured in Harvard Business Review and LSE Business Review .

Prof. Jaime Luque

Jaime P. Luque is Associate Professor of Economics at ESCP Business School, where he holds the BNP Paribas Professorship in Real Estate and serves as Director of the Monaco Real Estate Tech Innovation program. He is the Academic Director of the MSc in Real Estate and the Institute of Real Estate Finance and Management . Prior to joining ESCP in July 2018, he was Real Estate faculty at the University of Wisconsin-Madison School of Business. Jaime’s research interests include real estate finance, real estate technology and housing. He has published in the Journal of Economic Theory, Journal of Public Economics, Economic Theory, Real Estate Economics, and Regional Science and Urban Economics.

Prof. Valérie MOATTI

Professor Moatti's current work focuses on the sustainable dimension of supply chain management, as well as innovation strategies in the fashion industry. She is the author of articles (published in Strategic Management Journal, European Management Journal, and International Journal of Logistics: Research and Applications, and Management, Business Strategy and the Environment, Supply Chain Forum – An International Journal…).

Prof. Wei Zhou

Professor Zhou received the Shanghai 1000-Talents Award (2018) and consequently leads the multi-disciplinary and multi-country research in the field of big data analytics, artificial intelligence, IoT, cryptography, and transportation engineering.

Guest Professor

Amy C. Edmondson Novartis Professor of Leadership and Management, Harvard Business School

Prof. Edmondson is the Novartis Professor of Leadership and Management at the Harvard Business School, a chair established to support the study of human interactions that lead to the creation of successful enterprises that contribute to the betterment of society. She has been recognized by the biannual Thinkers50 global ranking of management thinkers since 2011, and most recently was ranked #3 in 2019; she also received that organization’s Breakthrough Idea Award in 2019 and Talent Award in 2017.

Join A Dynamic Ecosystem Of Corporate And Academic Research Leaders

Be a part of the ESCP global knowledge community. Benefit from the latest research at the highest level linked to companies and business and share your knowledge with colleagues from a large variety of academic specialisations and institutions around the world.

Global Executive Ph.D. candidates will be immersed in a world of knowledge:

  • Participants can attend research seminars, conferences and colloquia organized by ESCP's full-time Ph.D. programme,
  • Benefit from all the ecosystem of ESCP Chairs and Professorships.

Discover our multiple chairs and professorships on significant topic: Chairs & Professorship

Global Executive Ph.D. Admission

Admission requirements, a previous university degree.

A previous university degree: Masters (MBA or equivalent Masters). Non-management Masters holders are required to take additional management courses from the ESCP Executive MBA programme.

A minimum of ten years’ professional experience

A minimum of 10 years’ professional experience (at least 3 years at managerial level).

English proficiency (C1 level)

English proficiency (C1 level): courses are taught in English and all coursework must be submitted in English. IETLS: 7; TOEFL: 100 or In-house English Test (free) provided by British Council: CEFR c1*.

Admission Process

Application deadlines, for the 2024 intake.

Please contact the Global Executive Ph.D. recruitment manager, Monika Savelskyte , to receive the list of upcoming jury dates.

Individual assessment meeting with the admissions department (initial discussion in person, by phone or visio-conference, with your programme advisor or another member of the admissions team).

Applications are made online. The applications file will be made available to you following your initial discussion with your programme advisor. Please note that only complete applications will be reviewed:

  • Your personal details: name, address, e-mail, telephone number
  • Degree certificates or grade transcript
  • Up-to-date CV
  • Two reference letters, ideally one from an individual who knows you in a professional context (e.g. current or former manager) and the other by a person of your choice, if possible from an academic context (e.g. a university professor)
  • English language certificate (for non-native English speakers), TOEFL, TOEIC, IELTS
  • Copy of passport or ID
  • Application fee of €350
  • Statement of purpose: 1500 - 2000 words

Your application will be reviewed by the Admissions Committee.

Following a successful review of your application, an online admission interview with the Academic Admissions Jury (Executive Ph.D. Committee) will be organised.

Admission decision

Confirmation of enrolment and payment of tuition fees (You will be asked to pay a deposit to secure your place).

Statement of purpose

Your statement of purpose should address the following questions: Why do you want to do a Global Executive Ph.D. at this point in your career? What do you expect to acquire from the programme? What are your career aspirations following the Global Executive Ph.D.?  Please describe your previous research experience, if any. What area of research are you interested in at this stage?

This programme is accessible to people with a disability

Global Executive Ph.D. Fees & Financing

Tuition fees for the 2024 intake, scholarships.

For more details, you can contact your programme advisor .

ESCP has partnerships with banks in several countries around the world. Loans at reduced rates are available for admitted candidates (final decision with the bank).

Funding may also be available in the form of scholarships or government loans in your country. Our Admissions Officer will be happy to advise you about funding opportunities.

Our on-campus teams are available to discuss tailored instalment schedules and flexible payments.

Global Executive Ph.D. Meet Us

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phd in finance for working executives

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Executive Doctoral Programme in Management (EDPM)

About the executive doctoral programme in management (edpm).

Executive Doctoral Programme in Management {formerly Fellow Programme in Management (Industry)} is a unique doctoral level programme in management for working professionals that culminates in a PhD in Management. The programme had a long legacy, started in the year 2011 it is amongst the first such programmes for working professionals offered by an IIM.  Till date 39 professionals have graduated from the programme and there are about 90 candidates across different batches currently enrolled in the programme.

The Executive DPM Programme has evolved over the years and it currently offers a PhD degree. The programme offers a rigorous coursework and opportunity to pursue research in the guidance of some of the best researchers in the management domain.

Doctoral Programmes at IIM Indore

IIM Indore is a leading management institute in India and is well acclaimed internationally. It is ranked in among top 100 in FT list and is at number 5 in the NIRF list. IIM Indore is now the second IIM in the country to receive triple accreditations and the institute currently has all the three prominent accreditations — Association of MBAs (AMBA, UK); The Association to Advanced Collegiate Schools of Business (AACSB, USA); and EQUIS, European Union. This combination of accreditations is held by less than one percent of business schools in the world, granted by the largest and most influential business school accreditation agencies. IIM Indore currently offers two doctoral programmes that culminate in a PhD. The Doctoral Programme in Management is a residential programme with a programme duration of about 4 years and 9 months. The Executive Doctoral Programme in Management is a doctoral programme for the working executives. IIM Indore currently has one of the biggest cohorts of doctoral candidates (more than 130) in the management domain in the country.

Knowledge is being considered as one of the most important drivers of the economy today and shall continue to be so in the years to come. The programme aims at helping participants develop an ability both to create and disseminate knowledge. The EDPM at IIM Indore provides an excellent opportunity to those who wish to contribute to the field of management sciences by doing research in the discipline of management.

The programme is useful to professionals who would like to join academics in management discipline, or those who would like to continue working in the industry in diverse roles as consultants, trainers and researchers. The programme also helps candidates advance in their current career paths by giving them an advanced degree and the knowledge to navigate through challenging problems at the top.

The goal of the program is to prepare candidates for contributing to the field of training, research, and consulting. The objective is achieved by:

  • Providing an overview of the management discipline in general and functional areas in particular
  • Giving inputs on research tools and techniques
  • Giving inputs on developing and effectively using various pedagogical tools and techniques
  • Strengthening the scholarly base of participants’ domain knowledge

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About Ph.D.(Executive)

About Ph.D.(Executive)

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Programme Overview

Ph.D. (Executive) programme at IIM Nagpur is a doctoral programme in management for working business executives who are inclined to gain profound understanding of management research and contribute to management theory and practice. This programme will provide participants with rigourous training in various areas of management research and help them undertake high quality interdisciplinary research. This programme will be offered with following specialization areas:

Areas of Specializations

  • Decision Science And Information Systems
  • Strategy And Entrepreneurship
  • Finance And Accounting
  • Production And Operations Management
  • Organisational Behaviour And Human Resources Management
  • Humanities, Arts, & Social Sciences

The participants are expected to complete the programme within four to six years. The initial six months of coursework will be followed by a comprehensive assessment before participants will undertake the thesis work for the remaining duration under the supervision of an Dissertation Advisory Committee (DAC). Paticipants are expected to submit their thesis by the end of the fourth academic year. If a paticipant does not complete the dissertation by the end of the sixth academic year, he/she may be allowed to register for one additional year, only on the recommendation of his/her DAC Chair and Ph.D. Programme Chairperson.

Coursework Structure

Six month coursework would consist of two trimesters. Each trimester would require one week of campus visit for in campus classes. Remaining classes would be conducted in online mode. Online classes will be conducted on weekends.

Note: In case of exceptional circumstances, participants may be allowed to join in-campus classes through online mode.

Eligibility Criteria

Academic Eligibility

One of the following qualifications is required as basic eligibility:

  • Professional qualification – CA/ICWA/CS (with at least 50 percent aggregate marks) along with a Bachelor’s degree exam passed with minimum 55% marks or equivalent Or
  • B Tech/BE /B.Pharm or any other four year Bachelor’s degree with 60% marks or equivalent Or
  • MBBS/B.Arch or any other five year Bachelor’s degree with 55% marks or equivalent Or
  • M.Tech/MBA/M.Com or any other Master’s degree programme with 55% marks or equivalent

Work Experience Eligibility Candidates must have a minimum of 10 years full-time work experience after graduation.

Admission Process Application for executive program will be out soon. Please keep visiting admissions sections of IIM Nagpur website for further updates.

Programme Registration and Fee Details

At the time of admission confirmation , an amount of Rs. 50,000/- is to be paid as the refundable caution deposit

Completion of Program

After the successful completion of Ph.D.(executive) Program, the candidate will be awarded with the degree of ‘Doctorate of Philosophy’ (Ph.D.)

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phd in finance for working executives

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Indian Institute of Management Bodh Gaya

  • Ph.D. Program in Management

phd in finance for working executives

Ph.D. Program In Management

The programme impedes theoretical and practical erudition of different functional areas of Management endowing the students with an overall approach to management function and managerial skills.

Registration Form for Ph.D. Admission Webinar on March 20 th , 2024 (Wednesday, 6 PM) Click Here

Ph.D. at a Glance

Financial assistance, current students.

IIM Bodh Gaya is situated in the land of Nalanda, where scholars from all over the world came and worked relentlessly for attainment and dissemination of knowledge. In this land of enlightenment, where knowledge and wisdom rest in the soil, we are striving hard to regain the past glory and seek to become the next “Seat of Learning” in this part of the world. We aim to develop cutting-edge research that expands our understanding of business, management, and leadership.

The Doctoral Programme in Management at IIM Bodh Gaya is a full-time residential programme. The programme aims to foster high-quality researchers, innovative thinkers, and touchstone academics. The programme offers the chance to delve into multidisciplinary research in the domain of management education. Its purpose is to imbue learners with the necessary analytical and research skills required for a career in academics, management, and industry. In this spirit, the programme is run within an academically poignant environment that aid research scholars hone their intellectual tendencies. The programme also aims at producing excellence in publishing high standard research output.

We are on the lookout for outstanding candidates with the drive to become researchers and academics of international repute. We invite scholars from a variety of disciplines including but not limited to engineering, sciences, social sciences, humanities, and others. The programme is oriented toward the generation, communication, dissemination and application of research output in spheres of business management, public policy, and others. We offer our scholars the opportunity to work with select distinguished faculty and industry experts. With a milieu of constant communication and rapport between the faculty and the scholar, research at IIM Bodh Gaya takes on a very different dimension than mere learning. It becomes a life experience that crafts a scholar’s mind and character. We build linkages with leaders in industry and academia in India and abroad with the foresight of creating theoretical and empirical research that matters. The Ph.D. at IIM Bodh Gaya combines professional attributes with ethical characteristics.

  • Finance & Accounting
  • Information Technology & Systems
  • Operations Management & Quantitative Techniques
  • Human Resource Management & Organisational Behaviour
  • Business Communication
  • Strategy Management

Ph.D. 2024 Admission Webinar Schedule

Ph.D. 2024 Brochure

Ph.D. Admission Policy and Process 2024

Ph.D. Programme 2024: Poster

Ph.D. Programme : Video

Ph.D. Programme : Policy Manual

IIM Bodh Gaya will provide scholarship to full time Research Students (Ph.D.). It will cover all academic expenses (consisting of tuition, computer, library fees) and hostel fee.

Scholarship

  • Stipend till Comprehensive Exam: Rs. 32,800/- per month
  • Stipend post Comprehensive Exam: Rs. 35,400/- per month
  • Stipend post approval of Thesis Proposal: Rs. 39,300/- per month

Additional Financial Support

  • Contingency Grant: Rs.25,000 per year for four years
  • To purchase Laptop: Rs.50,000 per one time grant
  • To attend Conferences: Rs.1,75,000 for conferences after completion of Comprehensive Exam (Max within 5 years)
  • Selected candidates need to pay caution deposit of Rs.30,000/- at the time of registration. Caution money is refundable after adjusting dues, if any, at the time of leaving the Institute.
  • Insurance premium will be deducted from the Contingency Grant every year.
  • Contingency Grant will be available for purchase of books, stationary, journal subscription, professional annual membership fee (student rates) of one national and one international society, and travel related to thesis work.
  • The institute reserves the right to charge any other fees from the students or increase the fees if considered necessary. Due notice would be given, while making such changes.
  • Teaching Assistance ship for two courses per year is mandatory and unpaid.

phd in finance for working executives

  Arvind Darshna

  • Specialisation : Marketing
  • Education : B.Tech. (Civil), Himachal Pradesh Technical University Hamirpur (2015). MBA., Central University of Himachal Pradesh, Dharamshala (2017)
  • Work Experience : Guest Faculty, Central University of Haryana (21 Months)
  • Research Interests : Consumption Emotions, Customer Engagement, Consumer Decision Making, Ethnocentrism

Shimona Shriya

  • Specialisation : Operations Management and Quantitative Techniques
  • Education : B.E in Electrical and Electronics, Birla Institute of Technology, Mesra (2016)
  • Work Experience : Honda Cars India Ltd. (24 months), Havells India Ltd. (15 months)
  • Research Interests : Supply Chain Management, Sustainable Operations Management, New Product Learning,   Healthcare operations, Lean Manufacturing.
  • Specialisation : Economics
  • Education : B.Com., Kurukshetra University (2016), M.Com., Kurukshetra University (2018)
  • Work Experience : Assistant Professor, Karnal University of Technology and Management(05 Months)
  • Research Interests : Macroeconomics, International Economics, Development Economics and Sustainability.

Sourav Prasad

  • Specialisation : Accounting and Finance 
  • Education : B. Com. (Hons) in Accounting , The University of Burdwan (2018); M. Com. in Accounting and Finance, The University of Burdwan (2020)
  • Work Experience : Vijay Shankar Baheti & Co. (4 months)
  • Research Interests : Corporate Finance, Behavioural Finance and Asset pricing.

phd in finance for working executives

Rajanish Chandra

  • Specialisation : Operations Management and Quantitative Techniques 
  • Education : B.E, Birla Institute of Technology, Mesra (2018); M.Tech,Visvesvaraya National Institute of Technology, Nagpur (2021)
  • Work Experience : AN Global Services. (10 months)
  • Research Interests : Process Optimization, Sustainable Operations, Low carbon Supply Chain, Flexible supply chain.

Keisham Babeecha

  • Specialisation : Organisational Behaviour & Human Resources 
  • Education : MBA (HR) Visvesvaraya Technological University, Karnataka (2011)
  • Work Experience : Human Resources professional in healthcare, microfinance and production firm for more than 8 years.
  • Research Interests : Performance appraisal, Compensation management, Organisational culture, Competency Management, Sustainable Leadership and HR.

phd in finance for working executives

  • Specialisation : Economics 
  • Education : Masters in Economics at Central University of South Bihar (2020)
  • Work Experience : Research Assistant at Sambalpur University, Odisha (6 months) [2020-21] Research Assistant at Indian Institute of Technology, Patna (3 months) [2021]
  • Research Interests : International Economics, Microdevelopment Economics, Banking, Econometrics
  • Specialisation : Organisational Behaviour & Human Resources Management
  • Education : M.A. in Sociology and Social Anthropology, Tata Institute of Social Sciences, Guwahati Off-campus (2021). B.Sc. (Hons.) Anthropology, Panjab University, Chandigarh (2019).
  • Work Experience : Project Fellow, Anthropological Survey of India, Western Regional Centre, Udaipur (8 months, 2021-2022).
  • Research Interests : His research interest lies in exploring the relationship between Business, Culture and Politics from the perspective of Business Anthropology. He is particularly interested in the Indological aspect of studying Business Anthropological areas in the Indian Subcontinent and finding the scope of this sub-discipline in Anthropology in non-western economies.

phd in finance for working executives

Vivekanand Jaiswal

  • Education : MA in Economics (University of Allahabad)
  • Work Experience : NA
  • Research Interests : Development Economics, International Trade and Econometrics

Abhishek Srivastava

  • Specialisation : Information Systems
  • Education : B. Tech Civil Engineering NIT Bhopal M.Tech Bhopal University (project Nano composites NIT Bhopal)
  • Work Experience : Faculty MP State Engineering College, Radharaman Engineering College (Bhopal), Coaching Institutes with an overall experience of 6 years.
  • Research Interests : Internet of things, Quantum computing, Cloud computing, Blockchain technology.

phd in finance for working executives

Kiran Kumari

  • Education : M. Com. in Accounting and Finance, Binod Bihari Mahto Koyalanchal University (2019) B. Com. (Hons) in Accounting, Vinoba Bhave University (2017)
  • Work Experience : Financial Data Analyst, Tata Consultancy Services, Kolkata, Project Bloomberg (7 months)
  • Research Interests : E-Commerce, Marketing Strategies, Green Marketing, Green Purchase Behaviour.

Jyoti Sharma

  • Education : B.A. Economics Hons. From Delhi University (2016) M.A. Economics from Indira Gandhi National Open University (2019) Bachelor of Education from CRSU, Haryana (2021)
  • Work Experience : Assistant Professor at IIMT University, Meerut (10 Months)
  • Research Interests : Macroeconomics, Behavioural Economics, Financial Economics, Econometrics, Game Theory.

phd in finance for working executives

  • Specialisation : Strategy Management
  • Education : B. Tech (Civil Engineering), Biju Patnaik University of Technology, Odisha (2014).
  • Work Experience : Corporate, Teaching and Engineering Experiences of more than 6 years (2014-2022).
  • Research Interests : Alliances and Application of AI & ML in Strategic Management.

Shivangi Tiwari

  • Education : M.A. in Psychology, University of Allahabad, Allahabad (2021). B.A. (Psychology, Economics, English Literature), University of Allahabad, Allahabad (2019).
  • Work Experience : Field Investigator, IIM Indore (2021). Field Investigator, University of Allahabad (2020).
  • Research Interests : Managerial and Organisational Cognition- Shared Cognition, Perception, Judgement and Decision Making. Knowledge Management.

phd in finance for working executives

  • Specialisation : Accounting and Finance
  • Education : M. Com in Finance, University of Allahabad (2020) B.com (2018), University of Allahabad (2020)
  • Research Interests : Asset Pricing, Corporate Finance, Green Finance, Risk Management

KAILASHPATI

  • Specialisation : Strategy and Entrepreneurship
  • Education : M.Tech. in Industrial Engineering & Management (IEM), NIT, Raipur (2023). B.Tech. (Mechanical Engineering), S.B.S.C.E.T., Ferozepur, Punjab (2015)
  • Research Interests : Entrepreneurship Ecosystem Development, Entrepreneurship and Regional Development. Investigate how entrepreneurship is related to education and the region's Entrepreneurial ecosystem.

phd in finance for working executives

Abha Kumari

  • Specialisation : Finance and Accounting
  • Education : M. Com. in Finance, Banaras Hindu University University (2022) B. Com. (Hons) in Accounting, Patna University (2017)
  • Work Experience : Guest Faculty, Shre Hari UGC Net Commerce Classes (7 months)
  • Research Interests : Corporate Governance, Climate Finance.
  • Specialisation : Organizational Behaviour & Human Resource Management
  • Education : B.Tech Marine Engineering , Indian Maritime University Kolkata Campus (2020) Masters in Hindi Literature , IGNOU (2023)
  • Work Experience : Undertaken Research Work at Ministry of External Affairs (Central & West Africa Divison) , Indian Institute of Management Indore, Bharat Ventures & Research For Resurgence Foundation (23 months)
  • Research Interests : Public Policy & Governance , Organizational Politics, motivational paradigms & PsyCap, Conflict & Negotiation, Dynamics of Leadership.

phd in finance for working executives

Kajal Singh

  • Education : B.A, University of Delhi, (2021). M.A in Economics, Banaras Hindu University, (2023)
  • Research Interests : Environmental Economics, Development Economics, Microeconomics, Behavioural Economics

Ruchika Agarwal

  • Specialisation : Marketing Management
  • Education : B.Com., University of Rajasthan (2018) M.Com., University of Rajasthan (2020)
  • Work Experience : Jaipur Metro Rail Corporation Limited (12 months)
  • Research Interests : Consumer Behaviour, Sustainable consumption behaviour, Minimalism

phd in finance for working executives

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Last date extended up to : march 31 st 2024, 5 pm (ist), ph.d. admission policy 2024, contact us: [email protected].

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phd in finance for working executives

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phd in finance for working executives

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