Overview

Through exposure to world-renowned faculty, strong preparatory coursework, and access to comprehensive data sources, the Finance program at York University prepares its graduates to discover and publish new research that can alter how financial markets, individuals, and corporations raise money and invest for the future.

The PhD in Finance program at York University will prepare you for an academic career at a top research university in Canada, the US, or the rest of the world. The program will help you build a strong theoretical and empirical foundation in finance. Combined with our faculty’s wide-ranging research expertise, our program will position you for a strong career in finance research.

Research Requirements

Students must work as research assistants for the first three years of the program in order to receive financial support and be prepared for their dissertation.

When they are at the dissertation stage, Ph.D. candidates are expected to actively dialogue – both formally in seminars and informally – with other area members within the confines of their dissertation. In addition, students should plan to attend or present their research at well-known academic conferences such as the Northern Finance Association, the Financial Management Association, the American Finance Association and the Western Finance Association. They may also be asked to help review manuscripts and journal articles by editors and associate editors.

Students are required to teach one finance course before they go on the job market. This will help students to accumulate teaching experience which is an important ability to acquire in order to have a successful academic career.

Programme Structure

Courses include:

Seminar In Asset Pricing
Seminar In Corporate Finance
Topics In Finance
Microeconomics Theory
Advanced Econometric Theory

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2025-09-07 00:00:00
- Apply before 2024-12-01 00:00:00

Language

English

IELTS

7.5

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PTE Academic

76

TOEFL^® IBT

100

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Delivered

On Campus

Disciplines

Finance View 5 other PhDs in Finance in Canada

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

IELTS

7.5

Schedule an IELTS test!

PTE Academic

76

TOEFL^® IBT

100

Interested in an IELTS preparation course? Get started here

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

Additional medical costs (i.e. dental)
Repatriation, if something happens to you or your family
Liability
Home contents and baggage
Accidents
Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at York University and/or in Canada, please visit Student Insurance Portal.

Other requirements

General requirements

A master’s degree from a recognized university with a minimum B average in the last two full years (or equivalent) of academic work.
Proof of English language proficiency if studies were not completed in English.
GMAT or GRE
Research Experience
Completion of the online application

Tuition Fee

To always see correct tuition fees

International

12000 CAD/year

Tuition Fee

Based on the tuition of 6000 CAD per semester during 48 months.
National

2870 CAD/year

Tuition Fee

Based on the tuition of 1435 CAD per semester during 48 months.

Living costs for Toronto

1502 - 2563 CAD /month

Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Students entering Schulich's PhD program may expect to receive $25,000 in the first year. This amount is renewable in years two through five, provided that the student maintains full-time status and demonstrates satisfactory progress in the program. If a student defends his/her dissertation proposal before September 15 in his/her fourth year, he/she is eligible to receive an additional $2000 in year four. Funding in years one through three is tied to a research assistantship. Details are available from the PhD program.In addition, a limited number of International Student Fellowships for international students may be available in years one through five. This funding will be applied directly to tuition fees. Schulich PhD students who are Canadian citizens or landed immigrants may apply for the Royal Bank’s Student Line-of-Credit Program. If you are interested in the RBC loan program, please contact the financial aid office for more details.If you come to Canada as an international student you will need a “student permit” please visit the International Relations website for information on study permit, VISA and options for working on and off campus.

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Scholarships Information

Below you will find PhD's scholarship opportunities for Finance.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

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