Application deadline: 1 February
Tuition fee: Not specified
Start date: August  2015
Duration full-time: 48 months
  • English
Delivery mode: On Campus
Educational variant: Full-time
Project type: Predefined
Funding: Full
Educational Form: Academic

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Our PhD program is designed for candidates with proven academic capabilities, and the potential for advanced analytical research in financial economics, and particularly in the areas of corporate finance and asset pricing. We offer:

* First-class four-year program, entirely in English
* Well-designed and diverse course portfolio
* Close interaction between PhD students and faculty
* Faculty dedicated to excellence in research
* World-class seminar series that expose students to research frontier
* Excellent research and learning resources
* Generous funding for excellent students
* Diverse, international student group
* Great environment for studying and conducting research

The Finance group has an international focus, and aims to train, guide, and support its students to become world-class researchers, or industry professionals, with the knowledge, experience and networks to influence global opinion within the finance arena.


Each scholarship is for a period of four years and combines the PhD program at NHH with work as a teaching and/or research assistant at the Department. The work requirement corresponds to 25% of a full position, with the remaining 75% dedicated to the successful completion of a PhD.

We offer generous PhD research scholarships currently amounting to 420 800 NOK per year (approximately 50 600 Euro). The scholarships are subject to Norwegian taxes and social benefit fees that cover health care and membership in the Norwegian Public Service Pension Fund.


The Finance Department seeks to attract the best of candidates to join our group of researchers, and therefore has a strict policy for admission to the PhD program. We place particular emphasis on the following criteria:

* High scores in a completed Masters degree in finance or economics, or another quantitative discipline from an internationally reputable university
* Evidence of adequate scores for GMAT or GRE tests taken within the last three years
* A good command of the English language

Applicants must fulfil the admission requirements of the PhD program. Only complete applications are considered. Qualified applicants with research proposals that fit best with the research interests of the Department of Finance will be prioritized. While proof of standardized test scores is not formally required for students with a Masters degree from a Scandinavian institution, such scores are looked upon favorably in the competitive screening process.

The application for a PhD Research Scholarship is joint with the application to the PhD programme. All applicants to the PhD programme will automatically be considered for scholarships, unless they request otherwise.

English Language Requirements

IELTS band: 6.5
TOEFL paper-based test score : 575
TOEFL iBT® test: 90


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