PhD in Finance

Program Overview

The PhD in Finance program at Bayes Business School offers a rigorous and research-intensive program in the heart of London's financial center. Students engage with a world-renowned faculty, conducting cutting-edge research in all key areas of finance. The program provides unparalleled access to real-world financial expertise, preparing graduates for careers in academia, research institutions, and the financial industry.

Program Outline

Finance PhD Programme at Bayes Business School: Detailed Information

Degree Overview:

Overview:

The PhD in Finance program at Bayes Business School provides an opportunity to engage with a vibrant international faculty while conducting cutting-edge research in all key areas of finance. Set within the heart of London, the world's leading financial center, this program offers unparalleled access to real-world financial expertise, integrating the latest theoretical advances with practical experience.

Objectives:

• Equip students with the skills and knowledge to become independent researchers capable of contributing original and impactful work to the field of finance.
• Foster a collaborative research environment where students learn and exchange ideas with leading scholars.
• Provide opportunities for students to engage with industry professionals and gain insights into real-world financial practices.

Program Description:

• The program typically lasts four years.
• The first two years involve coursework covering various aspects of finance theory and methods, followed by the preparation and defense of a research paper.
• Years three and four focus on completing remaining research papers culminating in a final thesis defense.

Research Excellence:

• Bayes Business School ranked 5th in the UK for Business and Management research in the 2021 Research Excellence Framework (REF).
• 92% of the school's research was rated as world-leading (4 ) or internationally excellent (3 ), demonstrating a commitment to high-quality academic research.

Outline:

Program Content:

The program covers all core areas of finance, including:

• Asset Pricing
• Banking and FinTech
• Commodity, Shipping Finance, and Risk Management
• Corporate Finance
• Corporate Governance and ESG
• Finance and the Real Economy
• Financial Econometrics
• International Finance
• Market Microstructure
• Mathematical Finance

Program Structure:

Year 1: Theory and Methods

• Comprehensive set of courses covering financial theory and methods
• Courses assessed through examinations

Year 2: Research and Teaching Skills

• Workshops on academic writing, advanced reading groups
• Introduction to learning, teaching, and assessment
• Commencement of research
• Defense of first research paper
• Progression to final two years of the PhD program

Year 3: Professional and Career Skills

• Completion of remaining research papers
• Workshops on reviewing and publishing research
• Advanced seminars

Year 4:

• Viva preparation
• Job market preparation

Assessment:

• Assessment methods include examinations, research paper defenses, and
• Assessment criteria focus on the originality, rigor, and clarity of research work.

Teaching:

• The program employs a combination of teaching methods, including lectures, seminars, workshops, and individual supervision.
• Students benefit from the expertise of a renowned faculty at the forefront of financial research.
• The program fosters a collaborative learning environment where students can exchange ideas with peers and faculty.

Careers:

• Graduates are equipped to pursue careers in academia, research institutions, and the financial industry.
• The program provides support in preparing students for the academic job market, including workshops and career talks.

Other:

• The program offers students the opportunity to participate in research collaborations with leading financial institutions and organizations.
• Students have access to excellent research facilities and resources, including the Bloomberg Terminal and extensive online databases.
• The program provides a supportive and stimulating environment for doctoral study in finance.