PhD Program in Finance, Vienna Graduate School of Finance

Publish Date: Apr 16, 2015

Deadline: Jun 05, 2015

Qualification type: PhD
Location: Vienna
Funding for: UK Students, EU Students, International Students
Funding amount: €2,000 
£1,450.20 converted salary* approx. gross per month
Hours: Full Time 
The Vienna Graduate School of Finance (VGSF) invites excellent students to apply for the PhD Program in Finance (full-time program) starting in the coming academic year. Up to six scholarships will be offered to the best applicants.
The VGSF is a center of excellence in finance, located at the new WU campus in Vienna, Austria. Its main activities are academic research and PhD education. The VGSF offers a stimulating learning and research environment to outstanding students from around the world.


The program is open for students from all countries with all academic specializations, provided they hold a Master degree or equivalent and have sufficient level of formal training. Students who are going to graduate soon (by June 2016) may apply, too. To participate in the selection process a candidate's application must be received through the electronic application facilities. The application period for the academic year 2016/2017 will be open from the beginning of December 2015 and will end in early January 2016.
Applicants must provide the following documents:
curriculum vitae
self-statement of purpose
all degree certificates
all official transcripts
proof of aptitude (GRE or GMAT)
proof of English competence (e.g. TOEFL, IELTS)
reference letters
VGSF graduates can look forward to a rewarding career at leading academic institutions. Former VGSF students have been placed at institutions like Aarhus University, Carnegie Mellon University, Georgia Institute of Technology, University of Hong Kong, Massachusetts Institute of Technology (MIT), the University of New South Wales (UNSW), the Norwegian School of Economics and Business Administration (NHH), Erasmus University Rotterdam, the University of Utah and the University of Wisconsin, USA.

The VGSF PhD program consists of two parts: rigorous coursework and work on the PhD thesis. The students attend courses covering all major topics in finance and analytical methods required for doing research. In particular, the courses focus on Corporate Finance, Asset Pricing and Quantitative Methods in Finance. In the past academic years students had the chance to attend courses taught by international scholars such as Tomas Björk, Rüdiger Fahlenbrach, Nicolae Garleanu, Francisco Gomes, Christopher Hennessy, David Lando, Jacob Sagi, Rossen Valkanov, Jiang Wang and Toni Whited. After passing the required exams, students start to conduct research projects on their own. In our weekly research seminar students have the opportunity to meet internationally renowned scholars presenting their state-of-the art research.
Please visit for more details and the link to the online application.
Josef Zechner,
Director of the PhD Program


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