PhD programmes in Accounting and Finance
The Department of Accounting and Finance at Lancaster is committed to recruiting the finest calibre PhD students of all backgrounds from all over the world.
We strive to attain the highest level of academic excellence in teaching and research in pursuit of our goal of producing graduates and researchers who reflect the institution's high-quality standards with distinction and honour. As an international research and academic training institute, we are proud to host excellent research students from a wide range of nationalities.
Our department offers intensive 4-year PhD programmes in both Accounting and Finance. These are full-time doctoral programmes and we do not currently offer PhD study by distance-learning or on a part-time basis.
During the first year, PhD students are required to complete a portfolio of PhD level courses and seminars covering accounting and finance theory, econometric and statistical methods and research methodology. Doctoral researchers with excellent results then continue with the doctoral thesis, leading up to the final defence of the thesis in the ‘viva’ examination.
Our department typically admits up to ten new PhD candidates each year. All our students are required to participate in the research activities of the department and to attend full-time throughout the period of study. There are many opportunities for networking with our international partners and attending workshops and conferences. We provide an excellent research environment for our doctoral researchers, including dedicated office space, access to many specialised datasets and databases as well as scientific computing facilities and IT support.
How to Apply
Our admissions criteria for the Department are as follows:
- Applicants are normally expected to hold a relevant Masters degree in accounting, finance or a related subject area. We will usually require distinction-level performance, both overall and for the dissertation element.
- Strong English language skills are required preferably an IELTS score of 7.5 or above.
- We are looking for evidence of creativity and potential to develop a successful career as an academic researcher. Therefore, we will usually aim to conduct an interview (which may be conducted via telephone or video-link) with suitable applicants.
- Our MSc programmes provide a foundation for PhD study for students not already holding/studying towards a suitable Masters degree.
There are a number of scholarships open to our PhD applicants, including ESRC scholarships through the (North West) Social Science Doctoral Training Partnership, which is the largest centre in England for social science postgraduate training, Management School and Departmental scholarships. These scholarships typically cover full fees and a maintenance allowance of at least £14,000 per year, with enhanced bursaries up to £25,000 available for outstanding applicants.
Our research students are encouraged and supported to gain classroom experience, in preparation for possible academic careers. Opportunities also arise regularly to work as part-time research assistants on faculty members' research projects.
All students who receive funding from the Management School or the Department will be required to undertake such work, according to the amount of funding they receive. However, we also encourage all other students to take on occasional teaching and/or research assistantship duties on a paid basis, to expand their own experiences in readiness for graduation.
After graduation, most of our students go on to assume faculty positions at universities all over the world. A smaller number find employment in the public or private sector. All in all, our PhD programme is perfectly tailored for aspiring academics.
Our website provides more details of our programmes, our faculty and their research expertise, the application procedure as well as funding opportunities. You can also contact our PhD programme secretary, Carole Holroyd, in the Department of Accounting and Finance.
Applications are now open. You should apply as soon as possible. Please apply before 23 January 2017 if you wish to be considered for an ESRC scholarship from the NWSSDTP. To ensure that your application can be given full consideration by LUMS and other funding bodies we would encourage applications before 3 April 2017. Although there is no formal deadline for applications for an October 2017 start, to ensure your application can be considered and visa deadlines met if we are able to offer you a place, we strongly advise that your application is submitted before 30 June 2017.
While we attempt to offer comprehensive, up-to-date information, you may have additional questions or concerns. If so, please contact us directly for further advice.
For more information please click "Further Official Information" below.
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