PhD Finance at University of Illinois Urbana-Champaign

Programme overview

The first stage toward the degree of Doctor of Philosophy ends when the candidate completes certain minimum coursework, fulfillment of other departmental requirements, and successful passing of a qualifying examination. The second stage requires successful completion and presentation of an initial research paper.

Faculty: Gies College of Business | Study mode: full-time | Location: Champaign, IL, United States

What you will study

Required courses listed include FIN 591 Theory of Finance; FIN 592 Empirical Analysis in Finance; FIN 593 Seminar in Investments; FIN 594 Seminar in Corporate Finance; FIN 595 Empirical Corporate Finance.

Official programme page

Application information

Entry requirements

s page . Admission The minimum required grade point average for admission is 3.0 (A = 4.0). All applicants are required to submit Graduate Management Admission Test (GMAT) or GRE scores. Most international applicants are also required to submit Test of English as a Foreign Language (TOEFL) IELTS or iBT scores. The test scores will be used by the Admissions Committee, along with other information, in evaluating the applicant’s qualifications for graduate

Domestic applicants: USD 17,700 a year (2026-27). Illinois resident rate. Tuition only for new and continuing graduate students, Fall 2026-Spring 2027 at full-time (12 credit hours per term). Non-Illinois U.S. resident tuition for this programme: $34,996. Excludes campus and mandatory fees, health insura Source

International applicants: USD 34,996 a year (2026-27). International rate. Tuition only for new and continuing graduate students, Fall 2026-Spring 2027 at full-time (12 credit hours per term). Excludes campus and mandatory fees, health insurance, housing and other expenses as the source states them separately Source

Not all graduate programmes offer admission in all terms; term availability is set by each programme of study.

Graduate applicants apply online through the Graduate College application; deadlines and term availability are set by each programme. Medicine, law and veterinary medicine applicants apply directly to their colleges.

Apply through the official page: https://grad.illinois.edu/admissions/apply

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