Doctoral in Finance
What is finance?
The field of finance involves the practical application of economics and accounting principles in business to control and supervise monetary operations in various organizations such as research and development funds, employee payroll and taxes. Finance professionals also analyze past market trends and propose the most viable investments for the future. They are also responsible for auditing a company’s finances and reporting any irregularities to superiors. Those who acquire an education in finance expand on their mathematical skills in addition to their analytical & problem solving abilities.
How do I obtain a PhD in finance?
To enroll in a doctoral degree of finance, applicants must have at least a bachelor’s degree, though a master’s degree in a business related field gives candidates an edge in the admission process, take their GMAT or GRE as well as go through an interview with the university faculty. Once admitted, students start their coursework by studying core subjects such as market structure, corporate finance, asset pricing, taxation and empirical finance. Students also take courses in calculus, linear algebra and statistics. This is followed by conducting a case study or research on a particular topic within finance, upon the completion of which students submit their thesis to the faculty. The thesis is then reviewed, and once approved; students are called in for a dissertation where they defend their research methods and findings.
Why should I obtain a doctorate in finance?
The US Bureau of Labor Statistics estimates different rates of increase in the employment opportunities for finance professionals, such as those working in banks, investment companies, credit unions, insurance companies and securities dealers. According to the BLS, where financial managers will see a 9 percent increase in related jobs in the 2010-2020 period, financial analysts will expectedly undergo a 23% jump in new positions within the same timeframe. A doctoral degree in finance can also help you possibly land a top managerial job at a federal or state government body. The BLS reports that as of May 2012, financial manager have a median wage of $109,740 and financial analysts earning a median annual salary of $76,950.
Q:Can you please tell me what are the contents of the course on Introduction to Psychology in the Doctoral in Finance?
A:The Doctoral in Finance has dedicated course on Introduction to Psychology. This course usually is worth 2 credits in total. It is designed to provide students with strong understanding of the fields of psychology. Students are also given strong understanding of the different physiological mechanisms of the behavior of humans in a work environment. Hands on experience is also provided.
Q:How long does it take to complete Finance PhD programs?
A:Finance Phd Programs can be completed in 3 years if enrolled in a traditional campus based institute. However, mostly candidates get enrolled in the online PhD programs as it helps them keep up with their job alongside studying. The online PhD program has no specified duration and students can take as long as they want to complete the degree.
Q:I am planning to opt for online PhD finance. Can you tell me its benefits over a traditional program?
A:Online PhD finance is a good option for you if you need convenience and flexibility in your study schedule. Online program enable students to choose their own study schedule and learn at their own pace. They also cost effective as they have relatively less tuition costs and they save some additional costs incurred by students such as travelling, accommodation, and textbooks.
Q:Can you tell me about the different learning resources used for online PhD in finance?
A:Online PhD in finance makes use of a number of latest resources, to enhance the knowledge, understanding, and retention of students. These resources include video lectures, case studies, discussion threads, practice exercises with solutions, PowerPoint slides, animations, and online readings. They enable students to grasp concepts effectively, make the subject and revise them with ease.
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