Doctor of Philosophy [Ph.D] - Doctorate [5 Years]
$46,437 /Yr On-campus full_time

Doctor of Philosophy [Ph.D] Finance

  • The Yale University offers a Ph.D. in Finance duration of 5 years.
  • This course is offered on a full-time basis.
  • This program is provided on-campus and off-campus.
  • The specialization in finance is designed to give the student a strong background for study and research in both theoretical and empirical work in finance and related areas.
  • In this program, students understanding important concepts and models.
  • The program offers two courses specifically in financial theory and its applications.
  • Examples of potential areas of research for the financial economics dissertation:
    • Principal-agent relationships
    • Financial intermediation
    • Efficiency of markets
    • Portfolio selection
  • The university offers a plethora of courses for international students including 84 majors and 2,000 courses in different fields at the undergraduate level.
  • In 2019, 2,694 students nearly 20.7% of international students took admission at Yale representing 123 countries.
  • The student-faculty ratio at Yale University is 6:1, and the school has 72.6% of its classes with fewer than 20 students.
  • Yale University is ranked 1st in the list of Colleges with the Best Professors in America in 2020 by Niche.
  • According to PayScale, the average salary of Yale University Graduates is 88,000 USD.

Tution & Application Fees

Year Year 1 Year 2 Year 3 Year 4
Tuition Fees $45700 $45700 $45700 $45700
Other Fees $737 $737 $737 $737
Total Fees $46437 $46437 $46437 $46437

Examinations

Exam Type Exam Name Score Out of Score Exam Level
TOEFL Test of English as a Foreign Language 101 120 3
GMAT Graduate Management Admission Test 690 800 2

Academic Eligibility:

  • Applicants should have completed a bachelor’s/master's degree, or its equivalent, from a recognized university.
  • Proof of English proficiency may be required for international applicants, whose first language is not English.
  • Students need to submit the result of the GMAT exam score, the minimum score should be 690 out of 800.
  • Students must be qualified in IELTS or TOEFL to get admission in this program.

Indian Student Eligibility:

Indian students are eligible to apply if they meet one of the following eligibility criteria:

  • Completed a 4-year UG degree with first class in a relevant field from a recognized institution.
  • Completed a master’s degree with first-class in a relevant field from a recognized institution.