Overview

Key facts

The first 2 semesters of the doctoral program are similar to those of the M.Sc. program. The courses AFN 521 (Financial Theory), AFN 522 (Investments), AFN 525 (Options and Futures), AFN 626 (Financial Analysis and Capital Market Research), AFN 627 (Theory and Methodology in Accounting and Finance), AFN 661 (Advanced Corporate Finance), AFN 662 (Advanced Asset Pricing), AFN 663 (Advanced Methods in Empirical Finance) are required (55 ECTS).

The PhD student will also select 36 ECTS from other master courses (of the department, or after approval of the economics, mathematics or statistics department, etc.) according ot his/her interests and research endeavors. It is expected that all students during their first and second year acquire knowledge in mathematics, in modeling, in optimization and mathematical programming, in probability theory and statistics (a graduate or two undergraduate courses), in stochastic processes and in econometrics (two econometric theory courses). It is also expected that all students will have sufficient knowledge of computer programming (like in C/C++).

The Ph.D. degree in Finance from University of Cyprus is granted after successful completion of a doctoral dissertation, which must be a new and substantial contribution to the relevant academic literature.

Programme Structure

Courses include:

Financial Analysis and Capital Market Research

Stochastic Processes

Applied Financial Econometrics

Macroeconomic Analysis

Advanced Corporate Finance

Key information

Duration

Full-time
- 36 months

Start dates & application deadlines

Starting 2027-01-19 00:00:00
- Apply before 2026-10-31 00:00:00
Starting 2027-09-08 00:00:00
- Apply before 2027-03-31 00:00:00

Language

English

TOEFL^® IBT

50

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Credits

90 ECTS

Delivered

On Campus

Campus Location

Nicosia, Cyprus

Disciplines

Finance

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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

TOEFL^® IBT

50

Schedule TOEFL®

Other requirements

General requirements

Admittance to Doctoral Candidacy requires:

Completion of coursework

Successful completion of the comprehensive exams

Preparation of a research study

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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

1333 EUR / year

≈ 1333 EUR / year
EU/EEA Applies to you

Applies to you

EU/EEA Nationals

1333 EUR / year

≈ 1333 EUR / year

Living costs

Nicosia

Cyprus

576 - 866 EUR / 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 Finance.

Available Scholarships

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

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