Ph.D. in Finance

The Doctor of Philosophy (Ph.D.) in Finance at Walden University is a rigorous academic program designed to prepare advanced scholars and researchers for leadership roles in the field of finance. This doctoral program is tailored for individuals seeking to deepen their understanding of complex financial theories, quantitative methods, and analytical skills essential for academic, professional, or policy-making careers. The curriculum emphasizes a comprehensive exploration of financial markets, investment strategies, corporate finance, and financial risk management, equipping graduates to contribute innovative solutions to contemporary financial challenges. Through a combination of rigorous coursework, research methodology training, and original dissertation work, students develop expertise in empirical analysis, data interpretation, and theoretical modeling. The program encourages critical thinking, ethical decision-making, and scholarly communication, fostering a mindset committed to advancing knowledge within the finance domain. Walden University’s flexible online format enables working professionals and international students to pursue their academic goals without disrupting their careers or commitments. Faculty members are experienced scholars and industry experts who mentor students in developing research projects with practical significance. Graduates of the Ph.D. in Finance program are well-positioned to assume roles as university professors, researchers, financial analysts, policy advisors, or consultants. The program aims to cultivate scholars capable of producing original research, influencing financial practices, and contributing to the academic community through publications and presentations. Whether you are looking to expand your expertise for academic pursuits or to drive innovation in financial industries, Walden’s Ph.D. in Finance provides a comprehensive, flexible, and supportive environment to achieve your professional and scholarly aspirations.

The PhD in Finance at Walden University is a comprehensive program designed to prepare students for advanced scholarly research and leadership roles within the financial sector. This rigorous doctoral program delves deeply into the core principles of financial theory, empirical methods, and quantitative analysis, equipping students with the skills necessary to analyze complex financial problems and develop innovative solutions. Throughout the program, students engage with topics such as corporate finance, investment analysis, risk management, financial markets and institutions, and ethical considerations in finance, all within a global context. The curriculum emphasizes the application of research methods and statistical tools to real-world financial issues, fostering critical thinking and analytical expertise. Students are encouraged to explore interdisciplinary approaches that integrate economic principles, statistical models, and financial regulations to inform decision-making processes. The program includes coursework, comprehensive examinations, and the development of a scholarly dissertation under faculty supervision, enabling students to contribute original research to the field. Walden University supports its doctoral candidates with a flexible online learning environment, making it accessible for working professionals. The program also emphasizes leadership development, preparing graduates to influence policy, guide organizational strategy, and advance financial practices ethically and sustainably. Upon completion, graduates are equipped to pursue careers in academia, research institutions, financial consulting, risk management, and strategic planning. The PhD in Finance at Walden University is committed to fostering academic rigor, ethical integrity, and practical application, empowering students to become innovators and thought leaders in the dynamic world of finance.

Program Requirements for the Doctor of Business Administration (DBA) with a specialization in Finance at Walden University:

Applicants must meet the general admission requirements, which include holding a regionally or internationally accredited master's degree from an institution recognized by an acceptable accrediting agency, with a minimum GPA of 3.0 on a 4.0 scale. Applicants are required to submit official transcripts, a current resume or CV detailing relevant professional experience, a statement of purpose outlining career goals and reasons for pursuing the degree, and two professional or academic references. English language proficiency must be demonstrated through TOEFL or IELTS scores if applicable.

Once admitted, students are expected to complete foundational coursework covering core business concepts, research methods, and advanced financial theories. The program typically includes courses such as Financial Management, Financial Modeling, Investment Analysis, and Corporate Finance. These courses establish a theoretical and practical foundation for financial decision-making in business contexts.

Students then progress to specialized coursework in finance, where they analyze topics such as financial markets, banking, risk management, and international finance. Emphasis is placed on quantitative analysis and ethical considerations in finance. The curriculum integrates case studies, simulations, and research projects to develop analytical and strategic skills.

A key component of the program is the doctoral capstone project, which requires students to conduct independent research addressing a real-world financial issue. This project involves proposal development, literature review, data collection and analysis, and the creation of a rigorous research paper. Each student works closely with a faculty mentor to ensure the scholarly rigor and applicability of their research.

Throughout the program, students must participate in synchronous and asynchronous learning activities, including discussions, seminars, and peer collaborations. The program is designed to be completed in approximately 3-4 years, depending on the student’s pace.

Candidates must also demonstrate professional development by engaging in activities such as attending conferences, publishing research, or presenting on financial topics.

No specific additional coursework or certification is mandated beyond completing all required courses, exams, and the doctoral project to earn the Doctor of Business Administration with a specialization in Finance.

Note: These requirements may be subject to change; students are advised to consult the official Walden University website or contact the admissions office for the most current information.

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

The financing of the Doctor of Philosophy (PhD) in Finance program at Walden University primarily encompasses a comprehensive overview of available funding options, scholarship opportunities, and financial aid resources designed to support doctoral students throughout their academic journey. Walden University offers a range of financial assistance programs tailored to accommodate the diverse needs of its students, including federal and state grants, private scholarships, employer tuition reimbursement, and payment plan options.

Students are encouraged to explore federal financial aid opportunities by completing the Free Application for Federal Student Aid (FAFSA), which may provide access to federal grants such as the Federal Pell Grant or Federal Direct Unsubsidized Loans. Walden University also offers specific scholarships for doctoral students, such as the Walden Scholar Award, which recognizes academic excellence and potential in research. Additionally, there are private scholarships and fellowships sponsored by professional organizations, industry partners, and philanthropic foundations, which can significantly reduce the financial burden.

Budget planning for the program typically involves tuition costs, which are charged per credit hour, along with mandatory fees for enrollment and technology. The total cost of the PhD in Finance program varies depending on the number of credits transferred and the pace of study, but detailed tuition information is provided on the university's official website. Walden University also offers flexibility in financing through various payment plans that allow students to spread out payments over time, thus making the program more accessible.

Students should also consider external financing options such as employer tuition reimbursement programs, which many organizations offer to support employees pursuing advanced degrees. For military personnel and veterans, the university participates in the GI Bill and other veterans’ educational benefits programs, which can substantially offset education expenses.

In summary, Walden University commits to supporting its PhD in Finance students through a blend of institutional scholarships, federal and state aid programs, private funding options, and flexible payment arrangements. Prospective students are advised to conduct thorough research on eligibility criteria and application procedures for each financial aid resource, and to contact the university's financial aid office for personalized assistance. The overall goal is to ensure that financial considerations do not hinder deserving students from achieving their academic and professional aspirations in finance.

The Doctor of Business Administration (DBA) in Finance at Walden University is a rigorous, comprehensive program designed for experienced professionals seeking to advance their expertise in financial management, strategic decision-making, and organizational leadership within complex business environments. This program emphasizes the application of theoretical knowledge to practical financial challenges faced by organizations, preparing graduates to assume senior leadership roles and influence financial strategies at a global level. Students engage in rigorous coursework that covers advanced topics such as financial analysis, corporate finance, investment strategies, risk management, and financial ethics. The curriculum is structured to foster critical thinking, analytical skills, and ethical decision-making, which are essential competencies for contemporary financial leaders. Walden University’s DBA in Finance also includes research components that enable students to contribute original insights to the field of finance, often culminating in a doctoral project that addresses real-world financial issues faced by organizations. The program is delivered online, providing flexibility for working professionals to pursue their studies while balancing personal and professional commitments. Walden offers a supportive learning environment with access to expert faculty, extensive digital resources, and peer collaboration opportunities. Graduates of this program are well-equipped to pursue careers such as chief financial officers, financial consultants, financial analysts, or academic roles in higher education. The university maintains a focus on ethical leadership, social responsibility, and innovative thinking, ensuring that graduates are prepared to meet the evolving demands of financial management in various industries. Admission prerequisites generally include a master's degree in a related field, professional experience in finance or business, and a demonstrated commitment to advancing knowledge and practice in financial management. The program typically spans several years of part-time study, emphasizing applied research and leadership development, and aligning with Walden’s mission to produce socially responsible practitioners and scholars in the field of finance.