London Business School campus

Engineering

PhD in Finance at London Business School

London Business School, United Kingdom

Programme overview

A full-time research doctorate in finance supported by 22 full-time finance faculty and strong links with leading financial institutions. All PhD students receive full funding: a tuition fee waiver and a tax-free stipend for up to five years, subject to satisfactory progress.

Faculty: London Business School  |  Department: Finance  |  Duration: 5-6 years full-time  |  Study mode: full-time  |  Intake: September (teaching starts October)  |  Location: London, England, United Kingdom

What you will study

Years 1-2 cover advanced coursework and research training, years 2-3 a research proposal and progression to doctoral research, and years 3-5 (or 6) independent research, thesis and defence. Year one core courses include asset pricing, corporate finance, empirical finance, continuous-time finance, macroeconomics, microeconomics and econometrics; from year two students undertake theoretical and empirical research towards an original thesis.

Career pathways

Graduates move into academic careers; recent PhD alumni hold assistant professor posts at schools such as Wharton, Yale School of Management, NYU Stern, LSE and UCL.

Official programme page

Application information

Entry requirements

Applications open 1 September 2026 to 6 January 2027 for September 2027 entry (no late applications). Required: GMAT or GRE score from the last 5 years (cannot be waived); official transcripts and certificates for all degrees; TOEFL, IELTS or Duolingo score taken in the last 2 years where English is not the applicant's first language and no degree was taught in English in an English-speaking country; current CV; shortlisted candidates are interviewed.

Intake: September (teaching starts October)

Duration: 5-6 years full-time

Apply through the official page: https://www.london.edu/phd/how-to-apply

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