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Description Contents Requirements Funding

About Programm

The Ph.D. in Business Administration – Finance program is a rigorous program offering a number of unique features and benefits:

Cutting-edge knowledge: Our program brings students to the leading edge of knowledge in the field of finance.
Comprehensive focus: Rigorous coursework provide students with an in-depth understanding of the theoretical, conceptual and managerial foundations of finance.
Emphasis on quality of research: Our students develop advanced competencies for conducting quality research, directing the research of others and communicating research findings through teaching and writing, including a Research Workshop Series.
Top scholarship: Our program provides candidates with the necessary tools to publish their research in the top-tier finance academic journals.
Preparation for research-related positions: Our program prepares students to be successful in the varied responsibilities of academic careers or in positions requiring similar research and analytical skills

4th public program (5th overall), The Wall Street Journal Top 25 Recruiter Picks in 2010. The program brings the Ph.D. student to the leading edge of knowledge in the field. Rigorous coursework and research activities provide the student with an in-depth understanding of the theoretical, conceptual and managerial foundations of finance.

Required courswork-timeline

Ph.D. – Year One	Course:	Course:	Course:
Fall Semester (9 hours required) (Fall One)	FINC 688 – Finance Doctoral Seminar (3 cr hr)	ECON 629 – Microecon I or approved elective/sub (3 cr hr)	Econometrics Course or approved elective (3 cr hr)
Ph.D. – Year One	Course:	Course:	Course:
Spring Semester (9 hours required)(Spring One)	FINC 688: Finance Doctoral Seminar (3 cr hr)	ECON 630 – Microecon II or approved elective/sub (3 cr hr)	Econometrics course or approved elective (3 cr hr)
QUALIFYING EXAM This exam is generally given no later than three weeks after the end of the spring semester, in the first year.
Ph.D. – Year One
Summer Semester (6 hours required)(Summer One) FINC 691: Research Hours (3 hours, required for all students)
Ph.D. – Year Two	Course:	Course:	Course:
Fall Semester (9 hours required) (Fall Two)	FINC 688: Finance Doctoral Seminar (3 cr hours)	Electives (up to 6 cr hours)	FINC 691: Research Hours (if needed)
Spring Semester ( 9 hours required)(Spring Two)	FINC 688: Finance Doctoral Seminar (3 cr hours)	Electives (up to 6 cr hours- if needed and approved by the Ph.D. Advisor)	FINC 691: Research Hours (if needed)
Ph.D. – Year Two
Summer Semester (3 hours required if the student receives one month of financial support during the summer; 6 hours required if the student receives two or three months of financial support during the summer) (Summer Two)			FINC 691: Research Hours
WRITTEN PRELIMINARY EXAMINATION (Submission of Original Research Paper – DUE BY SEPTEMBER 15 of the third academic year in the program)
Ph.D. – Year Three		Course:	Course:
Fall Semester (9 hours required) (Fall Three)		FINC 688: Finance Doctoral Seminar (3 cr hours)	FINC 691: Research Hours
Spring Semester ( 9 hours required)(Spring Three)		FINC 688: Finance Doctoral Seminar (3 cr hours)	FINC 691: Research Hours
ORAL PRELIMINARY EXAMINATION (Defense of Research Paper)
Summer Semester (Research Hours – 3 hours required if the student receives one month of financial support during the summer; 6 hours required if the student receives two or three months of financial support during the summer) (Summer Three)			FINC 691: Research Hours
Ph.D. – Year Four		Course:	Course:
Fall Semester (9 hours required)(Fall Four)		FINC 688: Finance Doctoral Seminar (3 cr hr)	FINC 691: Research Hours
Spring Semester (9 hours required)(Spring Four)		FINC 688: Finance Doctoral Seminar (3 cr hr)	FINC 691: Research Hours
Summer Semester –(3 hours required if the student receives one month of financial support during the summer; 6 hours required if the student receives two or three months of financial support during the summer)(Summer Four)			FINC 691: Research Hours
DISSERTATION PROPOSAL DEFENSE
To maximize the student’s job market placement prospects, the department strongly recommends that the dissertation proposal defense be completed before job market applications are being mailed out. The recommended target defense date is between March and May of the student’s fourth year in the program.
PREPARATION OF JOB MARKET PACKAGE (August)
he degree plan illustrated on the next page for the fourth year assumes that the student has successfully defended the dissertation proposal and has been admitted to candidacy.Otherwise, the student must still enroll in every FINC 688 and FINC 690 course offered while in residence at the Texas A&M Campus, until admission to candidacy.

Admission

Personal statement in which you should explain why you would like to pursue a PhD in Finance at Mays Business School at Texas A&M University. Limit your statement to two typed pages, doublespaced.
Your resume (maximum two pages).
Transcripts of all university-level coursework since graduating from high school. Include English translations as applicable. Unofficial transcripts and translations are accepted and encouraged in the initial review stage.
GMAT total: 709 ,GRE total: 312
a minimum TOEFL score of: 550 for paper-based testing (p-BT) or 80 internet-based testing (i-BT) or a minimum IELTS score of 6.0 overall band

Scholarships

ASSISTANTSHIPS

Except under the most unusual circumstances, the department does not admit students unless it can fund their education through competitive Graduate Assistantships (GA).

Amount of GA stipend depends on budget considerations and student qualifications.

GA students are also eligible to receive health insurance benefits and are entitled to pay in-state tuition regardless of their residency or immigration status.

FELLOWSHIPS

Some of the most qualified applicants may also receive money in the form of a fellowship, in addition to the basic stipend. Currently, Texas A&M University also pays the in-state tuition portion to students who are employed as Graduate Assistants.

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