Iowa Doctorate In Finance on Campus Programs | DBA PhD in Finance Degrees
Doctorate In Finance on Campus Programs | DBA PhD in Finance Degrees General Information
The traditional campus-learning format may be the right choice for PhD in Finance candidates with aspirations of academic teaching and research. Campus-based programs offer easy access to on-site research facilities and the most face-to-face interaction with faculty and classmates of all program formats. Some graduate students are also able to get hands-on teaching experience through teaching assistantships. Some campus programs also may be able to offer support resources for candidates on the academic job market.
If you are ready to search for an on-campus Doctorate in Finance program, start with a location search on GradSchools.com to determine where some of the accredited schools are. Endorsement, or accreditation, by external agencies provides students and employers with an independent view of the school or program's quality, as well as whether the curriculum meets specific quality standards. The three major accrediting bodies in the United States are:
- Association to Advance Collegiate Schools of Business (AACSB)
- Accreditation Council for Business Schools and Programs (ACBSP)
- International Assembly for Collegiate Business Education (IACBE)
You might also request info from each school so that you are able to compare the Admissions requirements, tuition costs, information about faculty and useful details that will also narrow your search.
How To Select a DBA or PhD in Finance
When you scroll through the listings you will likely find various programs such as the Doctor of Business Administration in Finance and PhD Program in Finance. These two main degrees, the DBA in Finance and the PhD in Finance may sound similar. To the extent that they are both terminal degrees in Finance, may require 4-5 years to complete, research, an exam and a dissertation, they are
similar, and certainly may have some overlapping coursework.
The difference between these two doctorate degrees is more in the career paths that they might lead to. For instance, the PhD in Finance emphasizes advancing business and financial knowledge to culminate in a potential career in academics, research or business consulting. The DBA, while may lead to a pedagogical position, tends to favor the management and leadership aspect of finance and tends, as a degree, to emphasize vocational training such as corporate finance.
Having a clear sense of direction in terms of your own aspirations will certainly help you choose the program you are ready to dedicate this amount of time on.
Specializations in Finance PhD Programs
Finance is a vast discipline with many specialized applications in academia and business. Some of the common specializations in finance may emphasize study of a specific type or function of financial analysis, such as:
- Financial Modeling
- Financial Planning
- Applied Management and Decision Sciences
- Risk Management
Or you might find a DBA or PhD in Finance program may focus on a particular application of financial practice, such as:
- Corporate Finance
- Global Finance
- Real Estate
Potential Careers in Finance
Finance Ph.D. graduates are prepared to work in very high-level positions. The job market for finance is strong, and according to the Bureau of Labor Statistics, the employment growth for Personal Financial Advisors alone is 27% between 2012 and 2022, which is much faster than other industries. As well, the need for qualified Business and Mathematics Teachers is also growing quickly; data indicates a 19% growth of employment in that area for the same time period. A few of the following career options may be available to graduates with a Ph.D. in Finance.
- Private consultant
- Financial Managers
- Chief Financial Officer
- Corporate financial consultant
- Lead commerce researcher
- Professor of finance
- Financial Analysts
- Government financial researcher
- Budget Analysts
- Personal Financial Advisors
- Securities, Commodities and Financial Services Agents
- Insurance Underwriters
Ready To Pursue a Doctorate In Finance on Campus Degree?
No matter what type of PhD in Finance you pursue, whether you lean more towards business and administration, or towards academia and research, the future looks bright. Why not look into accredited business colleges and universities on GradSchools.com to find a Doctorate in Finance program that meets your aspirations!
Sources: onetonline.org/link/summary/11-3031.00 | onetonline.org/link/summary/11-3031.01 | onetonline.org/link/summary/19-3011.00 | bls.gov/ooh/education-training-and-library/postsecondary-teachers.htm | en.wikipedia.org/wiki/Master_of_Business_Administration