Kansas Finance PhD Program: A Detailed Overview

The University of Kansas (KU) offers a rigorous and comprehensive PhD program in Finance, housed within the School of Business. It is designed to train highly skilled researchers capable of contributing to the body of knowledge in finance through original research and academic publication. The program is typically completed in four to five years.

Curriculum and Coursework

The first two years of the program are primarily focused on coursework, providing a strong foundation in economic theory, econometrics, and finance. Core courses cover topics such as:

• Microeconomic Theory
• Macroeconomic Theory
• Econometrics (cross-sectional, time series, and panel data methods)
• Corporate Finance
• Asset Pricing
• Financial Econometrics

Students also have the opportunity to take elective courses in specialized areas of finance, depending on their research interests. The specific electives offered may vary from year to year, but commonly include topics like behavioral finance, market microstructure, and international finance.

Research and Dissertation

After completing the core coursework and passing qualifying examinations, students dedicate themselves primarily to research. A key component of the program is the development and completion of an original dissertation. Students work closely with faculty advisors to identify research topics, develop research methodologies, and write and defend their dissertation.

KU’s finance faculty are active researchers with expertise in a variety of areas, including corporate finance, asset pricing, behavioral finance, financial econometrics, and market microstructure. This provides students with ample opportunities to find suitable mentors and develop research projects in their areas of interest.

Faculty and Research Environment

The program emphasizes a collaborative and supportive research environment. Faculty members are accessible and dedicated to mentoring PhD students. The School of Business provides resources and support for research, including access to databases, software, and conference travel funding. Regular research seminars and workshops offer opportunities for students to present their work and receive feedback from faculty and peers.

Placement

The goal of the KU Finance PhD program is to prepare graduates for successful careers in academia. Graduates have been placed at universities across the country and internationally. The program emphasizes publication in leading finance journals, providing students with the credentials necessary to compete for academic positions.

Admissions

Applicants to the program are expected to have a strong academic record, including a bachelor’s or master’s degree in a related field such as economics, finance, mathematics, or statistics. Strong quantitative skills are essential, and applicants should have a solid background in mathematics and statistics. The admissions committee considers factors such as GPA, GRE scores, letters of recommendation, and a statement of purpose. A strong interest in research is a key consideration.