Financial Economics (PhD) at Northwestern University

Programme overview

Explore the Financial Economics PhD program at Kellogg School of Management, where finance and economics intersect to foster innovative research and expertise. Program is a joint degree offered through the Finance Department at the Kellogg School of Management and the Economics Department at the Weinberg College of Arts and Sciences. As a student in the Financial Economics Ph.D.

Faculty: Weinberg College of Arts and Sciences | Study mode: full-time | Location: Evanston, IL, United States

What you will study

Program, you will have access to a broad array of faculty across a variety of disciplines within economics, tapping into the interdisciplinary strengths found within our Finance-Economics curriculum. You are required to do coursework in multiple fields in economics and finance, and are exposed to the most up-to-date models and methods in these fields.

Career pathways

Several faculty serve/served in editorial positions at leading journals, such as the American Economic Review , Econometrica , Journal of Economic Theory , Journal of Finance and RAND Journal of Economics .

Official programme page

Application information

Entry requirements

You must maintain a minimum 3.0 grade point average (GPA). This competence is satisfied by achieving a 3.0 GPA in each of the three-course sequences. During the summer following your second year of study, you must pass a comprehensive qualifying exam designed to measure competence in both asset pricing and corporate finance or you demonstrate competence by maintaining a 3.6 GPA average across both course sequences.

Tuition is charged per credit, so the total depends on the modules you register for each year. Current fees are listed in the official fee schedule.

Graduate applications for 2026-27 open September 15, 2026; deadlines vary by programme. The Graduate School application fee is $95 and nonrefundable, paid by credit or debit card.

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