PhD Programme

The Centre runs a highly successful PhD programme recruiting high calibre students from all over the world.

Key features:

Entry October 2012

  • Asset Pricing
  • Behavioural Finance
  • Commodity Markets and Derivatives
  • Corporate Finance and Governance
  • Credit Risk and Credit Derivatives
  • Equity and Futures Markets
  • Financial Engineering
  • Financial Regulation
  • Sports Finance
  • Hedging Strategies
  • High Frequency Econometrics
  • Historical Finance
  • Algorithmic Trading and trade execution strategies
  • Market Microstructure (joint project with Capital Markets CRC)
  • Mergers & Acquisitions
  • Option Pricing
  • Pension Schemes
  • Portfolio Management and Performance Assessment
  • Quantitative Finance
  • Real Estate Finance and Options
  • Volatility and Correlation Modelling
  • Socially Responsible Investing
  • Market Risk

We seek highly motivated individuals with an appropriate academic background (generally a Distinction at MSc level in a finance-related subject) from a good university. We encourage applied and relevant research and our strong connections with many financial firms allow students to gain industry experience during their doctoral research, if they wish. Biographies of and some papers written by, our current PhD students can be viewed at www.icmacentre.ac.uk/about_us/doctoral_research_staff.

Every year we offer funding for up to 20 PhD studentships, of full fees plus up to £15,000 living allowance. Scholarships are normally for three years, subject to progress. Successful candidates will be required to provide approximately 60-70 hours of teaching assistance on our MSc and/or BSc degrees annually, always working closely with appropriate faculty. Visit the Scholarships page for more information on how to apply.

 
PhD Entry Requirements
Applicants should have an excellent academic background and have (or expect to have) a Masters degree, with averages at distinction level, in a course containing a significant proportion of finance.

Before applying to the programme, applicants should have a clear understanding of their intended research topic. A mandatory part of the application process is a detailed research proposal.

 
PhD Scholarships
Every year we offer funding for up to 20 PhD studentships of full fees plus up to £15,000 living allowance. All scholarships are awarded for 1 year and are renewable for another 2 years, subject to progress.

Successful candidates will be required to provide approximately 60-70 hours of teaching assistance on our MSc and/or BSc degrees annually, always working closely with appropriate faculty.