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Program Overview

The doctoral program in finance at McGill prepares students for research-oriented academic careers. While students from all backgrounds are encouraged to apply, the typical student holds an undergraduate or a master degree in economics, finance, mathematics, statistics, computer science, engineering or physics. All admitted students will receive funding of at least $20,000 per year for a four year period.

The program is normally completed in four or five years. The first two years in the program are devoted primarily to taking courses, in finance as well as supporting disciplines (economics, mathematics and econometrics/statistics). After the first two years, students enter the dissertation phase of the program.

For details on the finance PhD program, you can consult our brochure PhD Finance Brochure

For details on the Finance Area, research domains, publications and working papers please visit the Desmarais Global Finance Research Centre website.


Numerous required and elective doctoral courses are offered by the McGill Finance Faculty, including:

  • Financial Economics
  • Corporate Finance
  • Empirical Methods in Finance
  • Continuous-Time Finance
  • International Finance
  • Fixed Income Securities Theory
  • Options and Risk Management
  • Corporate Governance
  • Topics in Financial Markets Development

Faculty and Research

The McGill Finance area includes fourteen faculty members who regularly publish in the top finance journals. The moderate size of the program (currently we have 18 Ph.D. students in residence) make it possible for the students to closely interact with the faculty and to benefit from personalized attention and support. Because the faculty's interests span a wide spectrum of specialized fields in finance, students enjoy a lot of freedom in the choice of their dissertation topic. The Finance Faculty consists of:

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