Purdue University

Krannert School of Management

Finance Area of the Management PhD Program


Yue-Kong Pao Hall of Visual & Performing Arts

Krannert Center, Suite 104; 425 W. State Street

West Lafayette, IN 47907

United States





Program Information

Degrees Offered:

Finance Area of the Management PhD Program

Format: Campus

Program Description:

Doctoral-level courses cover theoretical models and their empirical application to problems related to corporate financing and investment decisions, security analysis, portfolio management, and financial institutions and capital markets. A required sequence of four courses is specifically designed for and limited to doctoral students. The unifying theme of this course work is an understanding of the process of asset valuation in a competitive securities market. Knowledge of calculus is assumed. In addition, students customarily employ the computer in their courses in security analysis and portfolio management. Research emphasizes application of theoretical models so that students enhance their understanding of the models as well as their knowledge of the fields to which models can be meaningfully applied. Unique Features *Faculty on Editorial Boards for top academic journals. *Quantitative research receives special emphasis in program of study *Doctoral fellowships available *Small program with low student-faculty ratio *Placements at prestigious universities as in UCLA, Carnegie Mellon, University of Michigan, London Business School



International Student Requirements:

The Test of English as a Foreign Language, or the TOEFL, must be taken by applicants whose native language is not English. The official score report for the TOEFL should be sent from Educational Testing Services (ETS) to Purdue University. Minimum TOEFL iBT Scores for admission are as follows: Writing: 18 Speaking: 18 Listening: 14 Reading: 19 Total: 77 Purdue University also accepts International English Language Testing System (IELTS) scores. An overall score of 6.5 is required for admission. The Test of Written English (TWE) and the Test of Spoken English (TSE) are not a requirement for either admission or standard financial aid packages, including assistantships and fellowships. However, the TSE is required to be considered for awards that are based on teaching potential if an applicant's native language is not English.

Facts & Figures

Financial Aid: Yes

International Financial Aid: Yes

# of Credits Required: 42

In State Tuition (per year): 298 USD

Out State Tuition (per year): 298 USD

Classification: Doctoral/Research University—Extensive

Locale: Midsize Suburb

Size & Settings: 40,000+