PhD Department
PhD in Finance - Call for applications for 2022 intake The INSEAD PhD in Management Programme would like to invite prospects to explore an exciting academic career in Finance. Finance studies the workings of the financial system in an economy, and its role in channelling financial resources from suppliers of capital to its final users, and in allocating risk among investors. More specifically, finance examines the determinants of investment, portfolio, and financing choices of firms and individuals, and their mutual interactions. These issues are examined both from a theoretical and an empirical perspective, employing a variety of tools ranging from game theory and stochastic calculus to econometrics and statistics. The general area of finance can be divided broadly into three main fields: investments, corporate finance, and financial markets and institutions. The field of investments examines the determinants of portfolio allocation decisions of individual investors, and the implications for the pricing of financial instruments such as stocks, bonds, and derivative securities. Corporate finance examines the criteria that firms use in their capital expenditures decisions and their choice of the financial instruments that are issued to finance these expenditures. Finally, the study of financial markets and institutions focuses on the role of financial intermediaries and organised securities exchanges in facilitating the funding of corporate investments, as well as the secondary market trading of financial instruments. For research interests in the area, visit http://bit.ly/insead-phd-finance and http://bit.ly/experience-insead-phd-finance Who are we looking for? Prospects who are: Ideal candidates have strong academic backgrounds in economics, mathematics, statistics, finance, or related fields, with outstanding degrees in any rigorous disciplines and a desire for research. Having some research experience and background in finance are helpful. Students come with little or no work experience, or as experienced professionals. Although not essential when applying, prior research experience, at any level, is helpful.
SCHOLARSHIP DETAILS All admitted candidates, regardless background, will receive a full-tuition fees waiver, a generous living allowance (or stipend) to cover the cost of living for the first 5 years of full- time study, a substantial research and conference budget support, and a comprehensive health insurance coverage. This generous benefit is available to all admitted PhD students in the first five years of study and is renewed annually based on satisfactory progress in the programme. Visit https://bit.ly/insead-phd-financing for more details. • • • •
Recruitment period: early Fall/Autumn of 2021 to January 2022 Start of intake: mid-August 2022 Location of studies: Singapore and Fontainebleau, France Study form: Full-time
Get in touch with the PhD Admissions Team? Contact us. Date updated: 01 February 2021.