Overview

Education

The Financial Economics program at Northwestern University requirements are a combination of those for the existing PhD programs in each departments. The program prepares students for careers in college teaching and research, government and international agencies, or private business.

Students will have access to a broad array of faculty across different disciplines within economics that taps into the interdisciplinary strengths found within the Finance-Economics curriculum.

The study of finance aligns with numerous areas within economics: macroeconomics, public finance, econometrics, economic development and economic history. This is why a broad training in economics is essential for those who wish to do innovative work that straddles both finance and economics.

Some examples include the financing and investment decisions of firms, households, and governments; the interplay between asset prices, capital markets and the macro-economy; and the role and limitations of financial institutions in facilitating access to credit.

Students will complete the existing first-year Economics program that provides a rigorous foundation in macroeconomics, microeconomics and econometrics.

Students will then take courses in theoretical and empirical finance, as well as additional fields in economics such as economic theory, economic history, macroeconomics, industrial organization and regulation, labor economics, economic development, econometrics, international economics, and public finance.

Students are trained in the most advanced techniques of theoretical and empirical research in order to make significant contributions to financial theory and practice.

Programme Structure

Courses include:

Microeconomics

Macroeconomics

Econometrics

Asset Pricing

Corporate Finance

Key information

Duration

Full-time
- 60 months

Start dates & application deadlines

Starting 2027-09-23 00:00:00
- Apply before 2026-12-15 00:00:00

Language

English

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Credits

18 SCH

Delivered

On Campus

Campus Location

Evanston, United States

Disciplines

Economics Finance Financial Mathematics View 57 other PhDs in Finance in United States

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Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

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Other requirements

General requirements

Admitted students must hold a U.S. bachelor’s degree — or an equivalent non-U.S. degree — from a regionally accredited institution.

TGS will accept applications from international students with 3-year bachelor's degrees.

You may be considered for admission before you finish your undergraduate degree, but you must complete that degree before you enroll at Northwestern.

In general, to apply to The Graduate School (TGS), you will be required to:

Submit an application online.

Pay an online application fee by credit card.

Submit your Statement of Purpose.

Upload your transcript or academic record.

Submit your test scores (if required by your admitting program).

Upload two to three Letters of Recommendation.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

9344 USD / year

≈ 9344 USD / year
Out-of-State

9344 USD / year

≈ 9344 USD / year
Domestic

Applies to you

In-State

9344 USD / year

≈ 9344 USD / year

Living costs

Evanston

United States

1100 - 1500 USD / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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Scholarships Information

Below you will find PhD's scholarship opportunities for Financial Economics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About

Overview

Education

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Domestic

Living costs

Evanston

Funding

Scholarships Information

Available Scholarships

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