Overview

Bring your interest in an academic career in finance to Gies, and you’ll leave prepared to teach and publish research at the top business schools. Our students complete a career path toward academia by entering this intellectually-stimulating environment and learning from the best in the field.

Features

The research emphasis for our Finance PhD program at University of Illinois at Urbana Champaign is built on a close collaboration between faculty and students, stemming from the fact that we keep total enrollment around 15 students.

During a typical week, the Finance Department hosts three seminars: two when faculty from other universities present research and the other when the Department’s PhD students and faculty present their work in progress.

Programme Structure

Curriculum:

The coursework typically requires up to two years, consisting of economics, econometrics, and finance. Students interested in insurance or real estate also take courses in these areas.

Depending upon their interests, some students take courses in other fields (e.g., mathematics). Students with excellent preparation may be able to complete the course requirements in less than two years.

Key information

Duration

Full-time
- 60 months

Start dates & application deadlines

Starting 2027-08-24 00:00:00
- Apply before 2027-01-15 00:00:00

Language

English

Duolingo English Test

115

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TOEFL^® IBT

Schedule TOEFL®

IELTS

6.5

Prepare for Your English Test

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Credits

40 SCH

Delivered

On Campus

Campus Location

Urbana, United States

Disciplines

Finance View 57 other PhDs in Finance in United States

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Academic requirements

GPA

GRE^®

160 _{(quantitative)}

GMAT

700 _{(recommended)}

English requirements

Duolingo English Test

115

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

Completion of a baccalaureate degree from an accredited U.S. institution or its equivalent from a university in another country.

The minimum acceptable grade point average for admission is a 3.0 average (A = 4.0) in the last 60 hours of undergraduate coursework and in all graduate coursework.

Acceptable scores on the verbal and quantitative sections of the Graduate Management Admission Test (GMAT). While there is no required minimum score, the average score of students admitted in recent years is over 700.

International applicants from countries whose first language is not English are required to submit results of the Test of English as a Foreign Language (TOEFL).

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

34996 USD / year

≈ 34996 USD / year
Out-of-State

34996 USD / year

≈ 34996 USD / year
Domestic

Applies to you

In-State

17700 USD / year

≈ 17700 USD / year

Living costs

Urbana

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 Finance.

Available Scholarships

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

About

Overview

Features

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

Urbana

Funding

Scholarships Information

Available Scholarships

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