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Top 9 Best Online PhD Economics Programs [2024]

Lisa Marlin

Economists have excellent job prospects in today’s labor market. With a doctorate in economics from a reputed university and strong academic record, you’ll find many well-paid job opportunities in academia or policy. Almost every field needs economists — organizations rely on economists’ statistical, analytical, and problem-solving skills  to find solutions to important issues.

Most students need a master’s of economics  degree to move forward with the PhD. But some schools accept transferable credits from related programs, too!

However, not everyone can afford to earn a doctorate on campus. So, an online PhD economics degree is a great alternative.

Below are some of the best online economics PhD programs and helpful information on jobs, salaries, costs, preparation tips, and more.

Table of Contents

Best Online PhD Programs in Economics

Ready to pursue your doctorate in economics online? Let’s dive into our list of top PhD economics online programs.

Liberty University

Liberty University logo

PhD in Public Policy – Economic Policy

Liberty University offers opportunities to pursue higher education across diverse disciplines with a foundation of Christian ethics. This 100% online PhD in economics program allows you to learn from established leaders in economic policy-making.

  • Courses : Economic policy studies, economics & public policy, policy analysis & research design
  • Credits : 60
  • Duration : 3 years
  • Tuition : $595 per hour
  • Financial assistance : Grants, scholarships, and loans.
  • Acceptance rate : 50.1%
  • Location : Lynchburg, Virginia

Atlantic International University, School of Business and Economics

Atlantic International University logo

Doctor of Economics

AIU is a primarily online university that emphasizes freedom of inquiry and free thought exchange between students and faculty. This PhD in economics online degree aims to help students who want to pursue research or teaching in economics or business.

  • Courses : Economics of growth & development, microeconomic research, mathematics for economists
  • Tuition : Refer tuition page
  • Financial assistance : Scholarships
  • Acceptance rate : N/A
  • Location : Honolulu, Hawaii

Bircham International University

Bircham International University logo

Doctor – Economic Science

Bircham International University is a global educational institution with a decentralized structure offering higher education programs in many languages. The university’s PhD economics distance learning program helps students develop a deep understanding of how people see value in the production, consumption, and distribution of goods and services.

  • Courses : Micro- and macroeconomics, capital markets, economic analysis.
  • Credits : 45-72
  • Duration : 24 months
  • Tuition : $7,650 to $12,240
  • Location : Miami, Florida

Ottawa University

Ottawa University logo

Doctor of Business Administration

Ottawa University is affiliated with the Ottawa tribe of Oklahoma and the American Baptist Church. It offers a range of online programs to mold students into valuable leaders. This distance PhD economics program is mostly online but requires six two-day residencies. Finally, the program offers courses in strategy, capital management, and finance with a focus on economics.

  • Courses : Finance value generation strategy, strategic human capital management, informed decision-making
  • Credits : 56
  • Cost : $4,887 per semester
  • Acceptance rate : 70.3%
  • Location : Ottawa, Kansas

California Baptist University

California Baptist University logo

California Baptist University is a non-profit, private university that ranks #34  of the best western regional colleges. Although not an entirely online doctorate in economics, this DBA program offers courses in economics, especially on applying theories of economics to business.

  • Courses : Applying economic theory to business, international business in global markets, and quantitative research
  • Duration : 36 months
  • Tuition :  $795 per unit
  • Financial assistance : Grants, loans
  • Acceptance rate : 80.2%
  • Location : Riverside, California

Hampton University Online

Hampton University logo

Doctor of Philosophy in Business Administration

Hampton University Online provides opportunities for adults to continue their studies through mostly online means and with a scientific approach. This PhD is a hybrid business administration program that involves two compulsory four-week summer residencies and covers managerial economics as part of the program.

  • Courses : Managerial economics, organization theory & practice, organizational behavior
  • Credits : 61
  • Duration : 3.5 years
  • Tuition : $695 per credit
  • Financial assistance : Scholarships, grants, work-study, loans, and military benefits.
  • Acceptance rate : 36%
  • Location : Hampton, Virginia

Marymount University, College of Business, Innovation, Leadership, and Technology (BILT)

Marymount University logo

Online DBA in Business Intelligence

Marymount University  was ranked #31   by US News & World of all southern regional colleges. This online Doctor of Business Administration is equivalent to an economics PhD online program as you can study economics for business decision-making and courses in strategy with a data-driven approach.

  • Courses : Economics for business decision making, using data for business intelligence, and strategy in a changing climate.
  • Credits : 36
  • Tuition :  $1,140 per credit hour
  • Financial assistance : Grants, scholarships, loans, student employment, and assistantships.
  • Acceptance rate : 85.3%
  • Location : Arlington, Virginia

William Howard Taft University

William Howard Taft University logo

William Howard Taft University is a leader in distance education and aims to provide affordable and quality education in business, law, education, and other disciplines. This DBA program includes several courses in economics and its application in the business sector.

  • Courses : Designing economic business strategies, global economy, and global business practices & challenges.
  • Duration : 37 months
  • Tuition : $360 per credit
  • Financial assistance : Scholarships, grants, military benefits, loans, and employer reimbursement.
  • Location : Lakewood, Colorado

Baker College

Baker College logo

Baker College was named one of Newsweek’s top American online schools  and offers fully online and hybrid programs in fields such as business, health science, and education. This DBA program has microeconomics and macroeconomics courses and explores how business leaders implement successful global strategies with limited resources.

  • Courses : Global financial economy, leading 21st-century organizations, managing in a worldwide context
  • Tuition : $915 per credit hour
  • Financial assistance : Scholarships, grants, and loans.
  • Acceptance rate : 73%
  • Location : Owosso, Michigan

What Do I Need to Get a PhD in Economics?

You will likely need an undergraduate or postgraduate degree in economics or a related field to apply for a PhD in economics program. Certain programs may have other prerequisites, so check with the admissions office well in advance of the application deadline.

Once accepted, you’ll have to study various courses in economics, finance, business, management, mathematics, statistics, and strategy to earn your PhD in economics online degree.

Finally, you’ll have to pass examinations and other assessments, including a final qualifying exam. Most programs also have a research component, which means submitting a thesis or dissertation.

Preparing for an Economics Doctorate Program

Our advice? Prepare early for your PhD in economics program.

At the undergraduate level, consider taking more courses in subjects like mathematics, statistics, and calculus. It also helps to work with faculty, conduct undergraduate research, and complete professional internships whenever possible. All this lays the groundwork to prepare you well for a PhD in economics program.

Things to Consider When Choosing an Online PhD Economics Program

The right program for you depends on a range of personal factors. Consider the following when assessing programs to narrow it down:

  • Make sure the specializations and subjects offered by the program match your passions and will help you achieve your career goals.
  • Review available research options and make sure these also match your goals
  • The faculty should have a strong reputation, especially in your field of choice
  • Ensure the costs fit your budget or that there are sufficient funding options available
  • Look at where past alumni  are now working, and see how this fits with your ideal future

Why Get a Doctorate in Economics?

A doctorate in economics opens doors to some of the best jobs in academia and policy. According to the Bureau of Labor Statistics, an economist’s median salary  is $105,630. Even better, jobs in the field are expected to grow by 13% from 2020-2030, higher than the average of all occupations.

Jobs and Salaries for Doctors of Economics

A PhD in economics online credential can equip you for roles in business, government, research, and education. Here are some top jobs for graduates, with average salaries for each:

  • Economist ( $79,352 )
  • Statistician ( $78,596 )
  • Financial Manager ( $96,045 )
  • Urban Planner ( $59,309 )
  • Financial Analyst ( $63,195 )

What Is the Average Cost of a PhD in Economics?

According to the National Center for Education Statistics (NCES), the average tuition for a PhD in economics program  is $19,749 per year. You can expect to pay around $12,500 for public university programs and $26,621 for private. Keep in mind these figures only cover tuition – you’ll also need to pay for books, technology fees, and other educational expenses.

How Long Does it Take to Get a PhD in Economics?

Typically, a PhD in economics takes 4-6 years to complete. However, you may be able to complete a doctorate in three or even two years at some universities, especially with an online PhD.

What Skills Do You Gain From a PhD in Economics?

First and foremost, you’ll gain strong mathematical, statistical, and analytical skills as part of your doctorate in economics. You’ll also learn to apply economic concepts and modeling to address issues in business, government, finance spaces. Finally, economics PHD grads gain expertise in writing, presentation, communication, and problem-solving.

Facts and Statistics about Economics PhD Holders

According to Brookings, universities awarded 1,216 PhDs in economics  in 2020 —  66% to men and 34% to women. Foreign students with temporary visas earned around 60% of the doctorates.

Among the permanent residents who got doctorates in economics, 4.9% were black and 71.8% white, with the remaining graduates of Asian, Hispanic, and other descent.

Final Thoughts

Compared to online PhDs  from other disciplines, you won’t find as many online PhD economics programs. However, you can find related programs, like online Doctor of Business Administration ( DBA ) or accounting  with an emphasis on economics-related subjects like microeconomics and macroeconomics. This is a good substitute if your preferred university doesn’t offer a PhD economics online degree.

Considering other business-related PhD programs? Keep a clear path toward a lucrative career with our list of the highest paying PhDs .

Frequently Asked Questions

Can you get a phd in economics online.

Yes – some universities offer online PhD economics programs that you can complete online. Many of these online programs can be completed in as little as three years.

Is an Economics PhD Worth It?

A PhD in economics is one of today’s most sought-after qualifications. Economists are in high demand and have an annual median salary of $105,630 , with prospects even greater for graduates with a PhD.

How Many Years is a PhD in Economics?

A PhD in economics takes 3-6 years to complete.

Lisa Marlin

Lisa Marlin

Lisa is a full-time writer specializing in career advice, further education, and personal development. She works from all over the world, and when not writing you'll find her hiking, practicing yoga, or enjoying a glass of Malbec.

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Best Online Doctorates in Economics: Top PhD Programs, Career Paths, and Salary

The best online PhD in Economics offers a broad, comprehensive knowledge of how economics affects the global landscape. An online program at the doctoral level in economics provides graduates with the advanced analytical and critical thinking skills they need to build successful careers in banking, government, politics, healthcare, insurance, and non-profit sectors.

If you are looking to get an online PhD in Economics, then this article is for you. This guide contains a list of the best schools you can earn your economics PhD online, their admission requirements and tuition, as well as the economics jobs you’ll qualify for after graduating from business school.

Find your bootcamp match

Can you get a phd in economics online.

Yes, you can get a PhD in Economics online. Online degree programs offer students the opportunity to earn an economics doctoral degree without the inconvenience of taking physical classes on the university campus. Online graduate programs are a great choice for students who are restricted by geographical location or who prefer to take online classes.

Is an Online PhD Respected?

Yes, an online PhD is respected. They have the same coursework, curriculum, and degree requirements as in-person degrees. A survey by the Society for Human Resources Management on hiring practices and attitudes reported that 55 percent of organizations would not give preference to a candidate with an in-person degree over one with an online degree if both had the same job experience.

That being said, students need to ensure that they get their online degrees from an accredited online school . Accreditation demonstrates that a school meets the minimum acceptable academic standards set by an external accreditation body to be able to offer academic degrees. Checking a school’s accreditation status before beginning the application process is recommended.

What Is the Best Online PhD Program in Economics?

The best online PhD program in economics is the PhD in Public Policy – Economic Policy offered by Liberty University. Out of all the online doctoral degree programs on our list, Liberty University’s PhD in Public Policy – Economic Policy’s high-quality curriculum and faculty stand out among the others.

Why Liberty University Has the Best Online PhD Program in Economics

Liberty University has the best online economics PhD program because of its well-rounded curriculum, giving students a comprehensive understanding of national and global public and economic policies. Students take classes taught by industry leaders and experienced policymakers and take high-level courses in public and economic theory and policy, policy analysis, and research design.

Best Online Master’s Degrees

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Online PhD in Economics Admission Requirements

The typical admission requirements for an online PhD in Economics are a Master’s Degree in Economics or in a related field from an accredited institution with a minimum cumulative GPA of 3.0 on a 4.0 scale. Other common requirements include recommendation letters, an interview, your resume, a statement of purpose or personal statement, and professional work experience.

While the specific requirements will differ from one school to the next, prospective students are always required to submit their unofficial or official transcripts of all of their undergraduate and graduate coursework. Although some schools have waived this due to the pandemic, many require students to submit GMAT or GRE test scores as part of the application process.

  • A Master’s Degree in Economics or in a related field from an accredited institution
  • A minimum cumulative GPA of 3.0 on a 4.0 scale
  • Three letters of recommendation
  • A copy of your resume
  • A statement of purpose or personal statement
  • Professional work experience
  • Your GMAT or GRE test scores
  • An online interview

Best Online PhDs in Economics: Top Degree Program Details

Best online phds in economics: top university programs to get a phd in economics online.

The top university programs to get a PhD in Economics online are able to let students benefit from experiencing diverse cultures and learning from a high-quality curriculum with many research opportunities without having to relocate. It is a great option for students who want to balance school with work, family, or other personal commitments. Here are the best online PhDs in Economics.

California Baptist University was founded in 1950 and is located in the city of Riverside in Southern California. This private, Christian university offers a wide variety of bachelor’s, master’s, doctoral and associate degrees , as well as certificate programs in an in-person and online format.

Doctor of Business Administration

The online Doctor of Business Administration at California Baptist University is a 56-credit-hour doctorate program that equips students with the specialized skills and insights needed to achieve their career goals. Students will gain the tools and theoretical foundation to carry out research and develop actionable plans with the goal of solving complex business problems.

Doctor of Business Administration Overview

  • Accreditation: Western Association of Schools and Colleges Senior College and University Commission
  • Program Length: 3 years
  • Acceptance Rate: N/A
  • Tuition and Fees: $795/credit 

Doctor of Business Administration Admission Requirements

  • A Master’s Degree in Business Administration from an accredited institution
  • A copy of your resume with your work experience and education, and your leadership, professional and scholarly activities
  • Meeting the professional guidelines set by the Accreditation Council for Business Schools and Programs (ACBSP)
  • Your official transcripts

Hampton University , founded in 1861, is a dynamic institution of higher learning offering a wide range of technical, liberal, and arts degree programs at all education levels. Its 97 degree programs can be found in different fields of study, including business, engineering and technology, nursing, pharmacy, science, and liberal arts.

Doctor of Philosophy in Business Administration

This is a 60-credit-hour program for students aspiring to become consultants, researchers, and academicians in leadership roles in the industry. It is a hybrid program with two compulsory four-week summer residencies. Students take core courses in managerial economics, quantitative business analysis, and accounting.

Doctor of Philosophy in Business Administration Overview

  • Accreditation: Southern Association of Colleges and Schools Commission on Colleges
  • Tuition and Fees: $695/credit 

Doctor of Philosophy in Business Administration Admission Requirements

  • A master’s degree from an accredited institution. Prerequisite courses may have to be taken depending on the master’s degree held
  • A copy of your resume with at least three years of work experience relevant to the field of study
  • A GMAT score of at least 400
  • A written Statement of Career Plans or Professional Plans
  • Your official transcripts 

Liberty University was founded in 1971 in Lynchburg, Virginia and is a private, Christian college offering world-class education. It has a total enrollment of over 100,000 students across its over 700 programs at all educational levels, including doctoral programs. The majority of its students are enrolled in online courses, making it one of the largest distance learning institutions in the country.

PhD in Public Policy - Economic Policy

This is a 60-credit hour program for students wanting to learn how to better serve the public interest and create actionable solutions to today’s global economic challenges. It provides the specialized knowledge that students need to land leadership job roles in government, consulting, and international organizations.

PhD in Public Policy - Economic Policy Overview

  • Accreditation: Southern Association of Colleges and Schools Commission on Colleges 
  • Tuition and Fees: $595/credit 

PhD in Public Policy - Economic Policy Admission Requirements

  • Complete and submit an online application form
  • A master’s degree with a minimum GPA of 3.0 on a 4.0 scale
  • Pay a non-refundable $50 application fee
  • Submit your official undergraduate and graduate transcripts

Marymount University is a private catholic university founded in 1950. Ranked 38th among the best southern regional universities by US News & World Report, it has over 4,000 students enrolled in its wide range of bachelor’s, master’s, and doctoral degree programs. Marymount combines theory with experiential learning to provide its students with valuable education, leading them to gratifying careers.

Online Doctor of Business Administration in Business Intelligence

Offered by Marymount’s College of Business, Innovation, Leadership, and Technology, this 36-credit program introduces students to real-world business intelligence tools currently used by professionals in leadership positions. Students develop analytical, higher-order thinking, and research skills and work on a doctoral research project that attempts to solve real-world issues.

Online Doctor of Business Administration in Business Intelligence Overview

  • Accreditation: Southern Associations of Colleges and Schools Commission on Colleges 
  • Tuition and Fees: $1,140/credit 

Online Doctor of Business Administration in Business Intelligence Admission Requirements

  • A completed online application
  • A master’s degree in a business or IT related field
  • Five to 10 years of work experience
  • A minimum GPA of 3.5
  • A statement of research background and interest
  • A writing sample

Founded in 1947 and headquartered in College Park, Maryland, the University of Maryland - Global Campus (UMGC) is the online division of the University System of Maryland. UMGC first began offering online courses in the mid-1990s and is now home to a wide range of bachelor’s, master’s, and doctoral programs obtainable fully online.

PhD in Business Administration

This 48-credit program provides its students with a solid foundation in economic theory and statistical methods. Offering advanced courses in data analytics, management solutions, and research methods, this terminal degree requires the completion of a 12-credit dissertation project.

PhD in Business Administration Overview

  • Accreditation: Middle States Commission on Higher Education
  • Acceptance Rate: NA
  • Tuition and Fees: $1,087/credit 

PhD in Business Administration Admission Requirements

  • Completed the Foundation of Doctoral Studies course with a minimum B grade
  • Completion of UMGC’s online admission application
  • A master’s degree
  • Two professional references
  • A personal statement
  • A writing sample (optional)
  • An interview, if requested by the UMGC admission committee

Online Economics PhD Graduation Rates: How Hard Is It to Complete an Online PhD Program in Economics?

It is very hard to complete an online PhD in Economics. This can be attributed to the stress students experience, as well as lack of motivation. Those that want to pursue a PhD must be certain that they are academically and financially prepared.

How Long Does It Take to Get a PhD in Economics Online?

It takes about three years to get a PhD in Economics online. Although, it can take as long as seven or eight years, depending on the school’s curriculum, learning pace, and specialization. Over these three years, students need to complete a certain number of courses, pass written or oral exams, and research and write a dissertation on their chosen research topic.

How Hard Is an Online Doctorate in Economics?

An online Doctorate in Economics is very hard. It is a broad, multidisciplinary degree that involves the study of complex business, sociology, mathematics, and accounting topics. Students in an online Doctoral Degree in Economics take advanced courses that require strong skills in critical thinking and complex mathematical models to succeed.

The overall level of difficulty of an online PhD in Economics depends on a student’s academic foundation and their chosen program’s curriculum. Programs offered at universities with a higher reputation or higher school ranking are usually more difficult. That being said, these programs will usually better prepare you for the real world and impress potential employers.

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Best PhD Programs

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What Courses Are in an Online Economics PhD Program?

An online economics PhD program includes courses such as Economic History, Economics and Public Policy, Policy Analysis and Research Design, Introduction to Economic Policy Studies, and Managerial Economics. These courses will prepare you for a long and lucrative career in the industry and equip you with the skills you need.

Main Areas of Study in an Economics PhD Program

  • Economic history
  • Economics and public policy
  • Policy analysis and research design
  • Introduction to economic policy studies
  • Managerial economics

How Much Does Getting an Online Economics PhD Cost?

It costs around $19,314 per year to get an online PhD in Economics, according to the National  Center for Education Statistics. However, this is a ballpark estimate. The actual amount you will spend to get an online economics PhD largely depends on whether the school is public or private. On top of tuition costs, you also need to consider fees, study material costs, and other miscellaneous expenses.

How to Pay for an Online PhD Program in Economics

You can pay for an online PhD program in economics through an upfront payment, grants and scholarships, employer tuition reimbursement, government loans, and private loans. Students in the Peace Corps, AmeriCorps, and the US Military can also benefit from tuition reduction. For example, Liberty University offers their doctoral degree for $300 per credit for members of the military, which is an almost 50 percent discount.

How to Get an Online PhD for Free

You can’t get an online PhD for free. All legitimate PhD programs charge tuition, and there are no fully funded online PhDs in Economics. That being said, students needing financial aid can inquire about available scholarships and grants offered by their school. Online PhD students can register for the Free Application for Federal Scholarship Aid.

What Is the Most Affordable Online PhD in Economics Degree Program?

The most affordable online PhD in Economics is the PhD in Public Policy – Economic Policy offered by Liberty University. At $595 per credit, this 60-credit program costs a total of $35,700 in tuition. Compared to the most expensive program on our list, which costs approximately $52,000, you could save up to $16,300.

Most Affordable Online PhD Programs in Economics: In Brief

Why you should get an online phd in economics.

You should get an online PhD in Economics because it’ll provide you with specialized knowledge of economics and equip you with the in-demand skills you’ll need to work in leadership positions across the fields of politics, history, business administration, and finance. A PhD is the highest level of education you can get and will give you a leg up over other candidates during the hiring process.

Top Reasons for Getting a PhD in Economics

  • Increased job opportunities. A PhD in Economics will make you more attractive to employers looking to fill high-level leadership positions in the industry. PhD graduates have more career options than lower-level degree holders.
  • Enhanced earning potential. A PhD in Economics can improve your earning potential. The US Bureau of Labor Statistics reports that PhD holders have a median weekly salary of $1,885. This is higher than the salary for master’s and bachelor’s degree graduates.
  • Higher employment rate. The skills and knowledge that economics doctoral degree holders have can qualify them for a wider range of positions. In fact, the US Bureau of Labor Statistics also reports that PhD holders have a higher employment rate than all other degree holders.
  • Specialized skills. Getting a PhD will provide you with advanced technical skills in your field of study as well as transferable soft skills. Both of these hard and soft skills are things you need to succeed in the highest possible career after graduation.

Best Master’s Degree Programs

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What Is the Difference Between an On-Campus Economics PhD and an Online PhD in Economics?

The difference between an on-campus economics PhD and an online PhD in Economics is each program’s cost, flexibility, interactivity with faculty and fellow students, and availability of funding. While their course content and curricula may be alike, there are a few differences between an online economics PhD and an on-campus PhD in Economics.

Online PhD vs On-Campus PhD: Key Differences

  • Cost. Online doctoral programs usually cost less than on-campus degrees. Not only is the tuition itself usually lower for an online program, but you’ll also avoid needing to pay additional fees related to transportation, student accommodation, and labs or study materials.
  • Flexibility. Students in on-campus programs have to be physically present at specific times and locations on the school campus to take classes, while online PhD students can take their classes from the comfort of their homes. Many online courses are also asynchronous and can be taken when convenient.
  • Interactivity. Students in an on-campus PhD program enjoy physical interaction with faculty and peers, which can help with learning and motivation. On the other hand, online students have to employ virtual platforms to contact faculty at scheduled times.
  • Availability of funding. There are more funding opportunities for on-campus students than students in online programs. On-campus students usually have access to fellowships, teaching assistantships, and research assistantships.

How to Get a PhD in Economics Online: A Step-by-Step Guide

A woman attending an online class on her laptop.

To get a PhD in Economics online, you need to gain admission into an accredited university, complete your course credit requirements, pass all examinations, get your dissertation project topic approved, research your dissertation topic, and defend what you wrote during the final stage of the dissertation process. Doctorate programs take a lot of work to complete, but knowing what to expect will help you prepare.

The first step you need to take to get a PhD in Economics online is to look for schools that offer the program and that offer the specific specialization that you want to study. Afterward, you should review each program’s admissions requirement for prospective students. Once you’ve gathered your application materials, you’re ready to apply to your desired doctorate degree programs.

All doctoral students need to complete a certain number of online courses. Some schools also have residency requirements. While these are less common for online programs, residencies do require in-person attendance. Make sure to review the delivery format of each of the doctoral programs you’re interested in before enrolling.

During your PhD program, you will have to pass certain examinations. These examinations are used by the faculty at graduate schools to track and gauge your progress and understanding of the course material. You won’t be able to graduate without passing your examinations.

As you complete your classes, you will also need to pick a dissertation topic and get it approved by the faculty. Your dissertation is a long-term research project that you must complete along the course of your PhD program. Make sure to pick a topic you’re interested in as it’ll make the research process much more enjoyable.

After getting your topic approved, you will be able to start your research, which you will work on either at the same time as or after your course requirements. You will be asked to demonstrate your progress to your dissertation supervisor many times during your studies. It’s typical for 12 of your required credits to be dedicated to your dissertation.

As you research your dissertation project, you will need to write a paper on your findings under the guidance, support, and supervision of your program’s faculty. Once you’ve completed your research and finished writing your paper, you will need to explain and defend your findings to your program’s faculty. Once you pass, you will be able to get your PhD.

Online PhD in Economics Salary and Job Outlook

Online economics PhD graduates can earn between $77,427 and $153,460 per year, depending on their job title, location, employer, and experience. An online PhD in Economics will provide you with the skillset needed to land high-paying roles in different sectors, including academia, business, finance, government, and politics.

What Can You Do With an Online Doctorate in Economics?

With an online Doctorate in Economics, you can become an economic consultant, postsecondary professor of economics, economist, financial manager, and financial analyst. Some of these roles are high-paying senior-level positions requiring applicants to hold a PhD.

Best Jobs with a PhD in Economics

  • Economic Consultant
  • Postsecondary Professor of Economics
  • Financial Analyst
  • Financial Manager

Potential Careers With an Economics Degree

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What Is the Average Salary for an Online PhD Holder in Economics?

The average salary for a PhD holder in Economics is $110,000 per year , according to PayScale. PhD graduates can qualify for a wide range of high-paying positions across many industries. Keep in mind that your actual annual salary can vary depending on factors such as location, years of experience, industry, and position.

Highest-Paying Economics Jobs for PhD Grads

Best economics jobs for online phd holders.

Knowing the best economics jobs for online PhD holders will help you decide whether or not it’s worth it for you to embark on the long journey of earning your PhD. In this section, we’ve  put together a list of the best economics jobs for online PhD holders, a description of what they do, their job outlook, the number of jobs, and the highest-paying states.

Financial managers coordinate banking, accounting, insurance, security, and other financial operations in an organization. Financial management includes ensuring good financial health, monitoring cash flow, managing an organization’s expenses, analyzing profitability, and providing accurate financial information.

  • Salary with an Economics PhD: $131,710
  • Job Outlook: 17% job growth from 2020 to 2030
  • Number of Jobs: 681,070
  • Highest-Paying States: New York, Delaware, New Jersey, Colorado, District of Columbia

Economists collect and analyze data to study the relationship between economic resources and the production and distribution of goods and services. They conduct surveys and review economic problems to find actionable solutions. They also advise businesses and organizations on economic issues.

  • Salary with an Economics PhD: $105,630
  • Job Outlook: 13% job growth from 2020 to 2030
  • Number of Jobs: 18,600
  • Highest-Paying States: New York, District of Columbia, California, New Hampshire, Illinois

Professors of economics teach in economics departments at a university. They prepare and deliver lectures, examinations, and curricula for undergraduate and graduate economics students. They also conduct research and publish their findings to contribute to the field of economics.

  • Salary with an Economics PhD: $96,198
  • Job Outlook: 12% growth from 2020 to 2030
  • Number of Jobs: 1,276,900
  • Highest-Paying States: New Hampshire, Montana, California, Indiana, District of Columbia

Financial analysts study current and past financial data and economic trends to gain a better understanding of a company’s financial health. They advise the organization on the best investments to make to help them maximize profits according to the data they’ve studied.

  • Salary with an Economics PhD: $81,410
  • Job Outlook: 6% job growth from 2020 to 2030
  • Number of Jobs: 492,100
  • Highest-Paying States: New York, Alaska, Connecticut, District of Columbia, Wyoming

Economic consultants develop plans to improve the policies and operations of the company they work for to increase their economic gains. They conduct surveys and create forecasts to discover economic trends to improve the company’s practices. They also work in the production, budgeting, and accounting department to optimize quality control practices.

  • Salary with an Economics PhD: $77,427

Is It Worth It to Do a PhD in Economics Online?

Yes, it is worth it to do a PhD in Economics online because it allows you to get advanced education and expertise in economics from the comfort of your home while preparing you to land high-profile positions where you can make an impact on the world. Economics PhD graduates gain advanced knowledge in the theoretical foundations, methodology, and philosophy of economics.

Additional Reading About Economics

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Online PhD in Economics FAQ

Yes, you can do a PhD in Economics entirely at a distance. An increasing number of schools are beginning to offer completely online economics PhD programs for distance learners. Online degrees are respected by hiring managers as well and are considered as good as in-person degrees.

No, you can not get a PhD in Economics in one year. It usually takes a minimum of three years to complete the graduate degree requirements. This includes the credit requirements and dissertation paper.

Yes, it is possible to do a PhD in Economics without a master’s. Although the typical requirements for a PhD program include having an in-person or online Master’s Degree in Economics or relevant field from an accredited institution, some schools allow students to apply to their PhD program without one.

No, 50 is not too late to get a PhD. There is no age limit in the pursuit of higher education, and you can go back to college at 50 or at any time you want. Anyone can enroll in a PhD program regardless of age. All it takes is the willingness to learn and the determination to succeed. In fact, your work experience can help you get into a PhD program.

About us: Career Karma is a platform designed to help job seekers find, research, and connect with job training programs to advance their careers. Learn about the CK publication .

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Top 3 Best Online Economics PhD Degree Programs (Doctorates)

online phd in economics and finance

We rank the best online PhD degree programs in economics.

Key Takeaways

  • The PhD in economics degree is a highly prestigious and advanced degree that leads to many professional opportunities.
  • Earning an economics doctorate can qualify you to become an economist with influence in public policy, post-secondary education, or research.
  • Only a select few accredited graduate schools offer an online economics PhD or related studies.

Featured Programs

The PhD in economics is a highly prestigious degree. However, only a select few schools offer the economics PhD online. Some graduate schools of business offer doctoral or business administration degrees with courses focused on economics.

The PhD in economics is a terminal degree. This means it is the highest degree you can earn in the economics field.

Graduates with an economics doctorate can become economists. Economists enjoy well-paying careers in areas like economics research, public policy consultation, economics education, finance, and corporate executive leadership.

PhD in Economics candidates are typically already working at a high level in their field. This means that students seeking their doctorate must balance existing work and personal responsibilities with a challenging course of education. For many graduate students, online courses and fully online programs provide a way to achieve this balance.

For a look at how these online doctoral programs stack up against traditional on campus programs, check out our look at the The Best Research Universities for Economics Degrees .

Or find out what your options are with a look at our full List of University Rankings .

Otherwise, read on and learn more about how you can earn an online PhD in economics.

Two economists comparing notes

About Accredited Online PhD in Economics Degree Programs

Quality and credibility are important when it comes to finding an online PhD. The best online doctorate programs will have proper accreditation:

  • Institutional Accreditation : Accreditation is vital for online doctoral programs. It signifies that the online PhD programs offered by the graduate school are in compliance with the standards of a Department of Education-approved accrediting body. A school must also be accredited in order to offer federal financial aid to its online doctorate candidates.

When looking for an online doctoral program, seek out options with accreditation from a colleges and schools commission in your region. This stamp of approval is critical for ensuring the quality and credibility of your online program.

  • Programmatic Accreditation : In addition to institutional accreditation, consider online doctorate degree programs with programmatic accreditation. In many cases, the preferred specialized accreditation for economics degrees will be the same as that preferred for business administration degrees.

Look for doctoral programs with accreditation from the Association to Advance Collegiate Schools of Business (AACSB). This is generally an indication of credibility to prospective employers.

  • Carnegie Classification : The Carnegie Classification of Institutions of Higher Education, or as it is more commonly known, the Carnegie Classification, is a framework for categorizing all accredited, degree-granting institutions in the United States. Originally formulated in 1970 by The Carnegie Foundation for the Advancement of Teaching, and administered through the University of Indiana’s Center for Postsecondary Research since 2014, the Carnegie Classification is “the leading framework for recognizing and describing institutional diversity in U.S. higher education.”

Under this classification, top research universities for doctoral degrees and PhD candidates are identified as either R2: Doctoral Universities for “high research activity” or R1: Doctoral Universities for “very high research activity.” Look for these classifications when considering options for your online Phd programs.

Key Point: The best online doctoral programs will have both institutional and programmatic accreditation.

Two economists working together

Admission Requirements

Schools that offer online doctorate programs have different admission requirements. However, most online doctoral programs will carry the same basic threshold for admission:

  • A completed online application
  • Official undergraduate college transcripts
  • A cumulative GPA of at least 3.0
  • GRE scores, MAT scores, or GMAT scores
  • Letters of recommendation
  • Personal interviews
  • Personal statement or essay
  • Plan of study

Key Point: In most cases, you’ll be eligible to enter a doctoral degree online after earning a bachelor’s degree. However, some specialized online PhD programs may require you to have earned a master’s degree as well.

Economists explaining to a team

Curriculum and Courses

As with other advanced degree and graduate programs, research is the central component of your online PhD in economics program. This is true for fully online doctorate degrees as well as hybrid degrees combining online education with traditional on-campus courses. Regardless of whether you complete a traditional, hybrid or online doctoral program, the typical time to completion is three to six years.

The typical components of your online PhD program may include:

Foundational Courses

Foundational courses will typically focus on introductory topics like economic theory, models of economic analysis, economic history, international business, financial economics, and more.

You will also take courses focused on practicing your critical thinking and research skills. You may be able to complete many of these requirements online through your distance learning program.

Examinations for PhD Candidacy

Many online doctoral students are required to complete certain examinations to enter into online PhD candidacy. This will typically occur after you’ve completed one to two years of foundational courses.

Dissertation

In most cases, the central component of your online economics PhD program will be your dissertation research. After gaining status as an online PhD candidate, you will typically work closely with a professorial advisor or mentor to develop an original research question.

This research question will form the basis of your dissertation—an ongoing project designed to address this question through applied research and the demonstration of advanced knowledge. While you will work closely with your advisor or mentor, much of your dissertation will be rooted in your ability to conduct research independently. This is especially true for students pursuing an online PhD.

Oral Defense

Upon completion of the written portion of your dissertation—which will typically present the findings from your original research project—you will be expected to defend your findings. This “oral defense” will typically be conducted by a commission of professors and experts in your field. PhD candidates in some online degree programs may be able to conduct this defense via teleconferencing.

Teaching Requirements

Some online PhD programs will also include a teaching component, which will require you to work as an adjunct professor or teacher’s assistant in an undergraduate or graduate school. It may be possible for students in the online doctoral degree program to also serve teaching requirements by instructing online students.

Key Point: The online doctor of economics degree program is a research-focused degree. Your dissertation will be a central part of earning your economics degree online.

Careers for Students Who Earn Their Doctoral Degree in Economics Online

The PhD in economics is a terminal degree program. This means that students who complete credible online doctoral programs in economics are generally eligible for top positions and opportunities in their field.

According to the Bureau of Labor Statistics , the top 10% of earners among economists earned more than $193,000 in 2021. Many of these top earners worked in fields like finance, insurance, federal governance, technical consulting services, and more.

PhDs in economics are also more likely to be sought out by prestigious international organizations for leadership and consultation opportunities.

These higher earnings reflect the high demand for qualified PhDs in economics in the following fields:

  • Federal Government
  • Scientific and Technical Consulting Services
  • Management Consulting
  • Public Policy Consultation
  • Economic Theory Research
  • Post-Secondary Education
  • Corporate Executive Leadership

Key Points: According to the Bureau of Labor Statistics, students who complete the economics doctorate program will be eligible for top-paying roles in finance, insurance, public policy, and more.

Female economist doing a calculation

What’s the difference between online doctoral programs and online PhD programs?

Technically, a PhD is a type of doctorate degree. This means that all online PhD candidates are doctoral students. By contrast, not all doctoral students are PhD candidates.

The primary distinction is that doctoral students are primarily focused on putting existing theories into practice. Depending on your chosen field, your online doctoral degree may require participation in an educational leadership program, engagement in clinical practice, work as a resident in a nursing program, and much more.

By contrast, online PhD students are focused on creating new knowledge in their area of study. This usually means that online PhD candidates are focused on introducing new theories, creating research projects around these theories, and presenting new findings that demonstrate a mastery of existing knowledge and the insight to introduce new ideas into the field.

Today, more working professionals than ever before are pursuing both online doctoral degrees and online Phd programs.

The Best Online Economics Doctorates (PhDs)

The online PhD in economics programs identified here are ranked based on influence, with weighting for graduation rate and full-time online enrollment. Also included are online Doctorate of Business Administration (DBA) degrees courses focused on economics and related topics.

Hampton University

  • #4 Best Private Colleges in Virginia 2024
  • #8 Best Research Universities in Virginia 2024
  • #9 Best Grad Schools in Virginia 2024
  • #2 Top 16 Most Affordable Online Counseling PhDs (Doctorates)
  • #2 Top 10 Best Online Counseling PhD Degree Programs (Doctorates)
  • #2 Best Online Associate Degrees in Virginia 2024
  • #2 Best Online Associate in Business Management
  • #2 Best Online Associate in Business Administration
  • #3 Top 20 Most Affordable Online PhD of Nursing (DNP) Programs
  • #4 Best Online Colleges in Virginia 2024
  • #5 Top 15 Fastest Accelerated Online Counseling Doctorates (PhDs)
  • #5 Best HBCU Online Programs
  • #5 Most Affordable Online PhDs in Psychology Ranked for 2024
  • #6 Best Online Bachelor's in Law and Legal Studies Degree Programs for 2024
  • #6 Top 20 Most Affordable Online Business Administration Doctorates
  • #7 Best Online Master's Programs in Virginia 2024
  • #8 Best Online Bachelor's in Religious Studies Degree Programs for 2024
  • #8 Best Online Associate in General Studies
  • #8 Best Online Master's in Sports Management
  • #9 How To Get an Online Master’s Degree in Biblical Studies
  • #12 Best Online Doctorate in Education Degree Programs Ranked for Students
  • #14 Best Online Bachelor's in Organizational Leadership Degree Programs
  • #16 Best Online Bachelor’s in Business Administration Degree Programs
  • #19 Best Online Associate in Biblical Studies
  • #25 Best Online Master’s in Counseling
  • #5 10 Best Accelerated Online PhD Programs Ranked for Students in 2024

Tuition + fees

Student body

Median SAT/ACT

What do we love about Hampton University?

Hampton University is a private HBCU based in Hampton, Virginia. Founded in 1868 by a joint commission of Black and White leaders, Hampton was established with the mission of educating freedmen in the immediate aftermath of the U.S. Civil War.

Today, Hampton University is home to 16 leading research facilities, including the largest free-standing Proton Therapy Institute in the world.

Among its numerous post-graduate programs, Hampton University offers an online Doctor of Philosophy in Business Administration , which includes noteworthy courses in areas like Managerial Economics, Empirical Research Methods, and Advanced Topics in Research.

Wish to attend an HBCU that consistently ranks among the top ten Historically Black institutions.

Prefer a college with a major athletics program.

Two economists smiling

Liberty University

  • #2 Best Christian Colleges in Virginia 2024
  • #3 Best Private Colleges in Virginia 2024
  • #7 Best Research Universities in Virginia 2024
  • #7 Best Grad Schools in Virginia 2024
  • #9 Best Colleges in Virginia 2024
  • #19 Best Research Universities for Criminal Justice Degrees
  • #21 Best Research Universities for Social Work Degrees
  • #1 Best Online Associate Degree Programs That Can Be Completed in 1 Year
  • #1 Best Online Bachelor's in Math Degree Programs Ranked for Students
  • #1 Top 10 Best Online Counseling PhD Degree Programs (Doctorates)
  • #1 Best Online Colleges in Virginia 2024
  • #1 Best Online Associate Degrees in Virginia 2024
  • #1 Best Online Associate in Economics
  • #1 Best Online Associate in Philosophy
  • #1 Best Online Bachelor's in Music Degree Programs Ranked for 2024
  • #1 Most Affordable Online PhDs in Psychology Ranked for 2024
  • #1 Best Online Bachelor's in Christian Counseling Degree Programs
  • #1 Top 15 Most Affordable Online Economics PhD Programs (Doctorates) 2024
  • #1 Best Online Associate in Education
  • #1 Best Online Associate in Mathematics
  • #1 Top 10 Best Online Bachelor's of Nursing (BSN) Programs
  • #2 Accelerated Online Business Administration PhD Programs (Doctorates)
  • #2 10 Best Online Bachelor's of Forensic Psychology Programs
  • #2 Best Online Associate in Early Childhood Education
  • #2 How To Get an Online Master’s Degree in Biblical Studies
  • #2 Top 10 Best Online Master's of Psychology Degree Programs 2024
  • #2 Best Online Bachelor's in Religious Studies Degree Programs for 2024
  • #2 Best Online Bachelor’s in Public Administration Degree Programs for 2024
  • #2 15 Fastest Accelerated Online Master's of Psychology Programs
  • #2 Best Online Associate in Biblical Studies
  • #2 Fastest Accelerated Online Bachelor's of Information Technology
  • #3 10 Fastest Accelerated Online Bachelor's of English
  • #3 Best Online Bachelor's in Cybersecurity in Virginia
  • #3 Best Online Degrees for a Career in Teaching Ranked 2024
  • #3 Best Online History Doctorate Degree Programs (PhDs) 2024
  • #3 Best Online Bachelor’s of Christian Ministry Degree Programs for 2024
  • #3 Best Online Master's in Theology
  • #3 Best Online Associate in Paralegal Studies
  • #3 Top 5 Best Online Criminal Justice Doctorates (PhDs) 2024
  • #3 Fastest Accelerated Online Healthcare Administration Masters
  • #3 Best Online Bachelor's in Cybersecurity in the District Of Columbia
  • #3 Most Affordable Online Criminal Justice PhDs (Doctorates)
  • #3 Fastest Accelerated Online Bachelor's of Cybersecurity
  • #4 Top 16 Most Affordable Online Counseling PhDs (Doctorates)
  • #4 Best Online Associate in Accounting
  • #4 Best Online MBA Programs in Virginia
  • #4 Best Online Bachelor's in Cybersecurity in Illinois
  • #4 Top 20 Best Online Accredited Doctorate Degree Programs (PhDs) 2024
  • #4 Best Online Doctorate in Organizational Leadership Degree Programs
  • #4 Top 8 Fastest Accelerated Online Psychology Doctorates (PhDs)
  • #4 Most Affordable Online PhD Programs Ranked for Students in 2024
  • #4 Top 15 Most Affordable Online Information Technology PhD Programs
  • #4 Best Online Associate in Psychology
  • #4 Best Online Bachelor’s of Elementary Education Degree Programs for 2024
  • #5 Top 20 Easiest Online Degrees from Accredited Schools in 2024
  • #5 Top 10 Fastest Accelerated Online PhD in Criminal Justice (Doctorates)
  • #5 Best Online Master's Programs in Virginia 2024
  • #5 Best Online Bachelor’s in Biblical Studies
  • #5 Fastest Accelerated Online Doctorate of Information Technology
  • #6 Best Online Bachelor's of English Degree Programs for 2024
  • #6 Best Online Bachelor’s of Graphic Arts Degree Programs for 2024
  • #6 10 Fastest Accelerated Online Master's of Accounting Programs
  • #6 Best Online Master’s in Biblical Studies
  • #6 Best Online Bachelor's in Strategic Communications Degree Programs
  • #7 Top 15 Fastest Accelerated Online Counseling Doctorates (PhDs)
  • #7 The Best Online Christian Colleges and Universities for Bachelor's Degrees
  • #7 Best Online Doctorate of Educational Psychology (PhDs) 2024
  • #7 Online Colleges That Start Anytime and the Benefits of a Self-Paced Education
  • #8 Best Online Associate in History Degrees
  • #8 Top 20 Most Affordable Online Bachelor's of Cybersecurity
  • #8 Top 20 Most Affordable Online Business Administration Doctorates
  • #8 Top 10 Best Online Communications PhD Degree Programs (Doctorates)
  • #9 Best Online Bachelor’s of Early Childhood Education Degree Programs for 2024
  • #9 Most Unusual Doctoral Degrees You Can Earn Online (PhDs)
  • #9 Best Online Bachelor's in Law and Legal Studies Degree Programs for 2024
  • #9 Best Online Bachelor’s of Data Science and Analytics Degree Programs for 2024
  • #9 Best Online Associate's in Physics
  • #9 Best Online Bachelor’s of Education Degree Programs for 2024
  • #9 Best Online Master's in Biology
  • #9 Best Online Associate in Business Administration
  • #10 Best Online Bachelor's in Social Work Degree Programs Ranked for 2024
  • #10 Best Online Bachelor’s of Data Science and Analytics Degree Programs for 2024
  • #10 Best Online Bachelor's in Network Administration Degree Programs for 2024
  • #10 Best Online Bachelor's in Interdisciplinary Studies Degree Programs for 2024
  • #11 20 Fastest Accelerated Online English Doctorates (PhDs) 2024
  • #11 Best Online Doctorate in Business Administration Degree Programs
  • #11 Top 20 Most Affordable Online Master's of Nursing Programs
  • #11 Best Online Bachelor's of Finance Degree Programs for 2024
  • #12 Best Online Bachelor’s of History Degree Programs Ranked for 2024
  • #12 Best Online Master's in Project Management
  • #12 Most Affordable Online Applied Behavioral Analysis PhD Programs
  • #12 Best Online Master's in Sports Management
  • #13 Best Online Bachelor’s of Homeland Security Degree Programs for 2024
  • #14 Best Online Bachelor's in Sports Management Degree Programs for 2024
  • #14 Best Online Bachelor's of Healthcare Administration Degree Programs for 2024
  • #14 Top 18 Most Affordable No GRE Online PhD Degree Programs
  • #15 Best Online Christian Colleges and Universities for Master's Degrees
  • #16 Best Online Associate in Criminal Justice
  • #17 Best Online Bachelor’s in Marketing and Advertising Degree Programs for 2024
  • #17 Most Affordable Online Criminology Doctorate Programs (PhDs)
  • #18 Top 20 Most Affordable Online Doctorate of Education (PhDs)
  • #18 Most Affordable Online Master's Degree Programs Ranked for Students
  • #18 Best Online Bachelor's in Computer Science Degree Programs
  • #18 Best Online Master’s in Finance
  • #20 Best Online Bachelor's in Accounting
  • #21 Best Online Bachelor's in Cybersecurity
  • #23 Best Online Master’s in Counseling
  • #25 Best Online Associate in Christian Ministry
  • #25 Best Online Bachelor's of Economics Degree Programs for 2024
  • #1 Fastest Accelerated Online Associate's of Counseling Degree Programs
  • #2 Fastest Accelerated Online PhDs in Education Degree Programs 2024
  • #5 20 Fastest Online Bachelor's of Business Degree Programs Ranked 2024
  • #5 Top 20 Fastest Accelerated Online Bachelor's in Counseling
  • #6 10 Best Accelerated Online PhD Programs Ranked for Students in 2024
  • #6 How to Earn Your Master's Degree Without Your Bachelor's Degree
  • #6 Best College Majors that Offer Accelerated Degree Programs
  • #8 Fastest Accelerated Online Master's of Counseling Degree Programs 2024
  • #14 Fastest Accelerated Online Master's of Nursing Degree Programs 2024

What do we love about Liberty University?

Liberty University is one of the largest Christian universities in the world as well as one of the largest private non-profit universities in the U.S. Much of this size is based on its online enrollment.

Liberty University enrolls roughly 15,000 residential students across its 17 colleges, and an additional 80,000 through its extensive online course and degree offerings.

Liberty University is noted for the sheer volume of advanced degrees and online degrees earned by its student body. With more than 47,000 students pursuing advanced degrees, Liberty University offers an extremely wide range of online doctoral programs, including online PhD programs in many different disciplines.

For instance, Liberty University offers an online Doctor of Philosophy in Public Policy with a concentration in Economic Policy . Liberty University’s PhD program is structured to build upon your existing knowledge of economics and provide a deeper look at how the discipline of economics relates to public policy.

Wish to attend the world’s largest seminary—Liberty University’s Rawlings School of Divinity.

Students who do not identify with Evangelical Christianity.

Baker College

  • #9 Fastest Accelerated Online Master's of Cybersecurity
  • #20 Best Online Colleges in Michigan 2024
  • #24 Best Online Associate Degrees in Michigan 2024
  • #17 20 Fastest Online Bachelor's of Business Degree Programs Ranked 2024

Baker College’s faculty and alumni have been influential in:

  • Engineering
  • Computer Science
  • Criminal Justice

What do we love about Baker College?

Baker College was founded in 1911, and established its first campus in Flint, Michigan. Beginning as a for-profit institution called the Baker Business College, Baker would evolve into a non-profit college in 1977.

Today, Baker’s primary campus is located in Owosso, Michigan with another ten satellite campuses throughout the state’s Lower Peninsula region. Nearly 5000 undergraduate and postgraduate students are currently in pursuit of degrees at Baker.

Baker College offers an online Doctor of Business Administration geared toward aspiring international business leaders, featuring courses such as Global Financial Economy, Leading 21st Century Organizations, and Introduction to Research Methods and Design.

Are looking for an accessible academic institution. More than 85% of applicants are accepted into Baker.

Are looking to get involved in campus life. Students indicate that Baker has a limited offering of campus clubs and activities.

Other Options for Aspiring Economists

Students considering an online doctoral in economics should also check out the best on-campus options to compare features like cost, curriculum, acceptance rate, and more.

University of California, Berkeley

  • #2 Best Universities in the US Ranked for Prospective Students in 2024
  • #2 50 Best Colleges and Universities Ranked for Undergrads in 2024
  • #2 Top Schools that Offer Free Master's Degrees Online
  • #4 50 Best Graduate Schools Ranked for Prospective Students in 2024
  • #5 Best Universities in the World 2024
  • #16 50 Best Research Universities Ranked for Undergrads in 2024
  • #1 Best Public Colleges California 2024
  • #1 Most Affordable Colleges in California 2024
  • #2 The Most Influential Universities and Colleges Ranked by State 2024
  • #2 Best Colleges in California 2024
  • #2 Best Research Universities in California 2024
  • #2 Best Grad Schools California 2024
  • #2 Best Research Universities for Social Work Degrees
  • #3 Best Research Universities for Communications Degrees
  • #4 Best Research Universities for Engineering Degrees
  • #4 Best Research Universities for Sociology Degrees
  • #4 Best Research Universities for Computer Science Degrees
  • #4 Best Research Universities for Chemistry Degrees
  • #5 Best Research Universities for Anthropology Degrees
  • #5 Best Research Universities for Math Degrees
  • #6 Best Research Universities for Physics Degrees
  • #7 Best Research Universities for English Degrees
  • #7 Best Research Universities for History Degrees
  • #7 Best Research Universities for Political Science Degrees
  • #7 Best Research Universities for Philosophy Degrees
  • #8 Best Research Universities for Earth Sciences Degrees
  • #8 Best Research Universities for Biology Degrees
  • #8 Best Research Universities for Economics Degrees
  • #9 Best Research Universities for Psychology Degrees
  • #9 Best Research Universities for Religious Studies Degrees
  • #1 Best Online History Doctorate Degree Programs (PhDs) 2024
  • #1 Top 5 Best Online Sociology PhD Degree Programs (Doctorates) 2024
  • #2 Fastest Accelerated Online Computer Science Doctorates (PhDs)
  • #2 Most Affordable Online Computer Science PhDs (Doctorates) 2024
  • #2 Top 5 Best Online English PhD Degree Programs (Doctorates)
  • #2 Top 8 Best Online Public Health PhD Degree Programs (Doctorates)
  • #3 Top 6 Best Online Clinical Nutrition PhD Degree Programs (Doctorates)
  • #4 Guide to Free Online Courses for MBA Students in 2024
  • #3 Best Schools in the World for Earning an MBA Degree Ranked for 2024
  • #9 The Best Traditional MBA Programs Ranked for Students in 2024

Career Outlook for Economics degree at University of California, Berkeley

University of California, Berkeley’s faculty and alumni have been influential in:

  • Earth Sciences
  • Mathematics
  • Anthropology
  • Communications

Most Influential Alumni

  • Daniel Kahneman
  • John Kenneth Galbraith
  • Timothy Leary
  • Shing-Tung Yau
  • Ken Thompson
  • Niklaus Wirth
  • Douglas Engelbart
  • Theodosius Dobzhansky
  • Betty Friedan
  • George Dantzig
  • Octavio Paz
  • Gary Snyder

New York University

  • #13 Best Universities in the World 2024
  • #23 50 Best Research Universities Ranked for Undergrads in 2024
  • #2 Best Research Universities in New York 2024
  • #2 Best Colleges in New York 2024
  • #2 Best Grad Schools in New York 2024
  • #2 Best Private Colleges in New York 2024
  • #3 The Most Influential Universities and Colleges Ranked by State 2024
  • #3 Best Research Universities for Social Work Degrees
  • #3 Best Research Universities for Education Degrees
  • #7 Best Research Universities for Business Degrees
  • #7 Best Research Universities for Communications Degrees
  • #8 Best Research Universities for English Degrees
  • #8 Best Research Universities for Nursing Degrees
  • #12 Best Research Universities for Psychology Degrees
  • #12 Best Research Universities for Philosophy Degrees
  • #12 Best Research Universities for Economics Degrees
  • #14 Best Research Universities for Sociology Degrees
  • #15 Best Research Universities for Anthropology Degrees
  • #15 Best Research Universities for History Degrees
  • #15 Best Research Universities for Religious Studies Degrees
  • #15 Best Research Universities for Political Science Degrees
  • #15 Best Research Universities for Math Degrees
  • #18 Best Research Universities for Computer Science Degrees
  • #18 Best Research Universities for Biology Degrees
  • #23 Best Research Universities for Engineering Degrees
  • #23 Best Research Universities for Physics Degrees
  • #1 20 Best Online Master's of Speech Pathology Degree Programs
  • #1 Best Online Master's Programs in New York 2024
  • #1 Top 10 Best Online Communications PhD Degree Programs (Doctorates)
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New York University’s faculty and alumni have been influential in:

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University of Michigan

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Career Outlook for Economics degree at University of Michigan

University of Michigan’s faculty and alumni have been influential in:

  • Claude Shannon
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  • Edgar F. Codd
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  • Stephen Smale
  • Urie Bronfenbrenner
  • John Henry Holland
  • Amos Tversky
  • Marshall Sahlins

University of California, Los Angeles

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Career Outlook for Economics degree at University of California, Los Angeles

University of California, Los Angeles’s faculty and alumni have been influential in:

  • Hilary Putnam
  • Elinor Ostrom
  • Judea Pearl
  • Glenn T. Seaborg
  • Barry Boehm
  • Stanley Cavell
  • William F. Sharpe
  • John Ehrlichman
  • Stephen Krashen
  • Edward O. Thorp
  • Stephen Kosslyn

George Mason University

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Career Outlook for Economics degree at George Mason University

George Mason University’s faculty and alumni have been influential in:

  • Political Science
  • Tyler Cowen
  • Peter Boettke
  • Stephen Moore
  • Steven Horwitz
  • Alex Tabarrok
  • Peter Leeson
  • Fred Foldvary
  • Stephen Blair Hedges
  • Jon Gettman
  • Richard Bausch
  • Ivan Katchanovski

Check out the full List of Online Programs .

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  • Youth Program
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PhD Program

  • Program of Study

Wharton’s PhD program in Finance provides students with a solid foundation in the theoretical and empirical tools of modern finance, drawing heavily on the discipline of economics.

The department prepares students for careers in research and teaching at the world’s leading academic institutions, focusing on Asset Pricing and Portfolio Management, Corporate Finance, International Finance, Financial Institutions and Macroeconomics.

Wharton’s Finance faculty, widely recognized as the finest in the world, has been at the forefront of several areas of research. For example, members of the faculty have led modern innovations in theories of portfolio choice and savings behavior, which have significantly impacted the asset pricing techniques used by researchers, practitioners, and policymakers. Another example is the contribution by faculty members to the analysis of financial institutions and markets, which is fundamental to our understanding of the trade-offs between economic systems and their implications for financial fragility and crises.

Faculty research, both empirical and theoretical, includes such areas as:

  • Structure of financial markets
  • Formation and behavior of financial asset prices
  • Banking and monetary systems
  • Corporate control and capital structure
  • Saving and capital formation
  • International financial markets

Candidates with undergraduate training in economics, mathematics, engineering, statistics, and other quantitative disciplines have an ideal background for doctoral studies in this field.

Effective 2023, The Wharton Finance PhD Program is now STEM certified.

  • Course Descriptions
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  • Meet our PhD Students
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More Information

  • Apply to Wharton
  • Doctoral Inside: Resources for Current PhD Students
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  • Transfer of Credit
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15 Best Online PhD in Finance Programs [2024 Guide]

Looking for Online PhD in Finance Programs? Some schools have no GRE and offer accelerated courses to help you finish faster.

accountants working in the office

A doctoral degree in finance may be your ticket to the career you’ve always wanted.

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This online finance degree can help you pursue an executive role or a teaching job related to accounting, banking, asset management, or financial policymaking.

Universities Offering Online PhD in Finance Programs

Methodology: The following school list is in alphabetical order. To be included, a college or university must be regionally accredited and offer degree programs online or in a hybrid format.

1. Capella University

With Capella University in Minnesota, students can study online to earn a DBA with a concentration in Accounting or a PhD in Business Management with a concentration in Accounting.

These programs are designed to help students learn about theories, methods, rules and ethical issues that influence accounting practice and consider the implications of practicing accounting within a global marketplace.

Before graduation, DBA students are expected to complete two residencies and submit a major research project. PhD students are expected to do three residencies and complete a dissertation.

Both programs use Capella’s GuidedPath format with weekly discussions and specific deadlines for submitting assignments.

  • PhD in Accounting
  • DBA in Accounting

Capella University  is accredited by the Higher Learning Commission.

2. City University of Seattle

When you study with City University of Seattle, you’ll have the opportunity to choose your own area of specialty for your DBA program.

Students who choose the Specialized Study concentration can submit a proposal for the graduate-level courses they would like to take as part of their studies.

If you’re interested in finance, you may be able to request courses on the topics of finance and accounting. During online classes, you’ll have opportunities to engage in live conversations with faculty.

You’ll be expected to submit a dissertation during your doctoral studies and complete three different residencies.

  • DBA in Business Administration (Finance concentration)

The City University of Seattle is Accredited by the Northwest Commission on Colleges and Universities.

3. George Fox University

As you pursue a DBA with a concentration in Accounting from George Fox University, you may take classes like Advanced Applications of Ethical Reasoning and Compliance in Accounting and Advanced Topics in Accounting.

In addition, you’ll need to complete both a dissertation and a practicum for the program. During the practicum, you’ll have opportunities to try your hand at teaching or consulting.

Most of the work for this hybrid DBA program is online, but you’ll need to report to the school’s campus in Oregon a few times a year.

George Fox University  is accredited by the Northwest Commission on Colleges and Universities.

4. Hampton University

If you’re interested in a PhD in Business Administration, check out Hampton University in Virginia. The program students to pursue a concentration in Accounting and Finance by taking multiple credit hours of elective courses.

These electives include classes like Financial Accounting and Reporting Research, Accounting Theory, Corporate and Financial Institutions, and Behavior Finance.

Students at this university take online courses during the traditional school year and come to campus for two summer residencies. This PhD program is appropriate for current professionals and for those straight out of a master’s program.

  • PhD in Business Administration

Hampton U  is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

5. Kansas State University

Do you believe that it is critical for individuals and families to have a solid financial plan for their future? If so, you may be interested in the PhD in Personal Financial Planning from Kansas State University.

You may choose to use this degree in the business world or spread your knowledge to others by working in an academic setting.

During the online doctoral program, you’ll need to come to the school’s Kansas campus for a few intensive sessions and go overseas to expand your knowledge about global markets. A dissertation is required for this program.

  • Hybrid PhD in Personal Financial Planning

Kansas State University  is accredited by the Higher Learning Commission.

6. Liberty University

For those interested in numbers and money, Liberty University’s online DBA offers two concentration options: Accounting and Finance.

Both programs begin with the same core courses, but Accounting students take specialized classes like Accounting for Decision Making and Advanced Auditing while Finance students focus on classes like Managerial Finance and Advanced Financial Statement Analysis.

Whichever track you choose, you will need to take a comprehensive exam and complete a dissertation before graduation from this Virginia university. Accounting graduates often work as auditors or budget supervisors, and Finance graduates may choose to become treasurers or financial managers.

Liberty University  is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

7. National University

You can pursue a DBA or a PhD in Business Administration from National University. NU is a network of nonprofit institutions headquartered in San Diego, CA.

The school encourages students of either program to pursue high-level leadership positions, but the PhD program is research-based, and the DBA involves the application of research findings that are already available.

Specialization options for both PhD and DBA students include Financial Management and Advanced Accounting. All faculty hold doctoral degrees, and many tracks can be completed fully online. Dissertations are required for PhD programs.

  • PhD in Business Administration – Advanced Accounting
  • DBA in Financial Management
  • DBA in Advanced Accounting

National University  is accredited by the WASC Senior College and University Commission.

8. Rutgers University

This university offers a PhD in Management; concentrations include Finance, Accounting or Accounting Information Systems. The concentration in finance offers courses like Investments, Corporate Finance, Theory of Corporate Disclosures, Control and Governance, and Econometrics.

The concentration in accounting offers courses like Current Topics in Auditing and Empirical Analysis of Financial Reporting. Students are expected to take a qualifying exam and defend a dissertation before graduating from these programs. The school recommends that students have master’s level education in mathematics, economics or computer science before applying for enrollment.

Rutgers University  is accredited by the Middle States Commission on Higher Education.

9. Sacred Heart University

Although Sacred Heart University does require DBA in Finance students to come to its Connecticut campus, the program is described as “low-residency,” and it is structured to fit the schedules of people who are already in the workforce.

Each student is part of a cohort that provides opportunities for networking and group projects. During the course of the program, students study topics like mathematics and global markets and choose electives like Fixed Income Securities or Portfolio Management.

Students are also required to submit a dissertation before graduation. The school’s DBA graduates often find work in government, academia, and corporations.

  • DBA in Finance

SHU  is accredited by the New England Commission of Higher Education.

10. Saint Leo University

You can get an online DBA from Saint Leo University in Florida. The program offers classes like Analytics for Decision Making, Organizational Behavior and Social Responsibility, and A History of Applied Management Theory. It can help you acquire research skills and learn how to apply your findings to real-world business applications.

Before graduation, you will be expected to take a comprehensive exam, defend a dissertation and complete a practicum. This DBA course of study is particularly well-suited for students who want to go into consulting, but the school’s graduates also teach, work as CFOs, manage organizations and become investment analysts.

  • Doctor of Business Administration

Saint Leo University  is accredited by the Southern Association of Colleges and Schools.

11. Trident University

Whether you want to earn an online DBA or a PhD in Business Administration, you can pursue your degree from Trident University in California.

One available concentration for the PhD program is Accounting and Finance; students on that track study topics like auditing, global markets, corporation finance, and taxation.

The DBA is a generalist degree that doesn’t include specialization. If you go the PhD route, you’ll need to complete a dissertation, and if you choose a DBA, you will be expected to complete a doctoral study. To help you move through the online program, the university offers its Doctoral Positioning System tracker.

  • PhD in Business Administration – Accounting

Trident University  is accredited by the WASC Senior College and University Commission.

12. University of Dallas

Students at the University of Dallas can earn a DBA through a mix of online classes and time on the school’s Texas campus.

This program is designed for those who already hold leadership positions in the business world and desire increased advancement, and its flexible nature helps working professionals earn their doctoral degrees while remaining in their current jobs.

This generalist program includes classes like Agile Organizations and Emerging Technologies. If you choose this university, you will be expected to join a colloquium and defend a dissertation and will have the option to complete a teaching practicum.

The University of Dallas  is accredited by the Southern Association of Colleges and Schools.

13. University of South Carolina

The Darla Moore School of Business at the University of South Carolina offers an on-campus program through which you can earn a PhD in Business Administration.

One available concentration for this program is Finance, and classes include Current Issues in Finance, Empirical Methods in Financial Research and Theory of Finance.

Faculty in this department have earned multiple recognitions, including the Alfred G. Smith, Jr. Excellence in Teaching Award and the Mortar Board Excellence in Teaching Award. A master’s degree is recommended before admission to the program, but it is not a requirement.

  • Hybrid DBA in Business Administration – Finance

The University of South Carolina  is accredited by the Southern Association of Colleges and Schools.

14. University of the Cumberlands

The PhD in Business program at the University of the Cumberlands takes business courses ranging from comparative economic and corporate finance to managerial ethics and responsibility. Students can choose one of their specialty areas like accounting, entrepreneurship, finance, etc. The Curriculum of this program will engage students in the theories, strategies, and tactics that they need to.

  • PhD in Business (Finance concentration)

The University of the Cumberlands is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

15. Walden University

Whether you’re interested in DBA or a PhD, you can earn it from Walden University. The DBA program offers concentrations like Accounting and Finance. On the path to earning a DBA, you can complete a doctoral study, assemble a portfolio or take part in a consultation program in which you work with a local organization or company.

If you would prefer to earn a PhD in Management, you can select a 21st Century Finance concentration, which requires the completion of a dissertation. Both the DBA and PhD tracks can be completed through online study.

Walden  University is accredited by the Higher Learning Commission.

Online PhD in Finance Programs

If you have a particular area of interest within the world of finance, then you may want to select a corresponding degree concentration.

PhD in Finance

Phd in financial management, phd in financial planning.

A concentration can give you opportunities to take an array of courses designed to hone your knowledge on that particular topic.

female accountant working in an office

If you are a numbers person, there’s a good chance that you like accounting just as much as you enjoy general financial topics. This concentration can allow you to explore both of these areas of study.

You might put this degree to work in corporate or academic settings. You may also be interested in an Online PhD in Accounting program .

financial managers having a meeting

Being in charge of a company’s financial resources requires a special set of managerial leadership skills. A concentration in financial management can help you gain those skills.

This concentration is designed to teach topics like building a solid financial strategy and navigating international markets.

financial advisor talking to a couple

Helping individuals do their best with their money is the goal behind a concentration in financial management.

This concentration can help train you to guide wise financial choices as you learn not only about asset management and investment growth but also about how to influence smart decision-making through relational know-how.

With a PhD Financial Planning degree, you may help others manage their money, lead a financial advisement company, or teach future finance students.

Doctorate in Finance Salary

Doctorate in Finance Salary

Earning your doctoral degree in finance may open many career paths to you. Once you graduate with this degree, you may work in an academic setting, a nonprofit organization, the corporate world, or the public sector.

Here are a few jobs you may be able to look forward to, along with the U.S. Bureau of Labor Statistics job outlook and average salary information.

Budget Analyst

Budget analysts are responsible for setting an organization’s budget and helping the company stick to it.

  • Outlook for job growth: 5% increase
  • Median salary per year: $78,970

This may be an enjoyable career path for those who want to understand all facets of a company – tracking and justifying where each penny goes. Budget analysts make recommendations for investment and expenditure to boost their company’s profitability.

Financial Analyst

Financial analysts are responsible for paying attention to the market in order to make recommendations on how people or businesses should invest their resources.

  • Outlook for job growth: 6% increase
  • Median salary per year: $83,660

Rather than monitoring their business or organization, they monitor the economy as a whole. This career may be ideal for those who find financial markets interesting and have a deep understanding of investments.

Personal Financial Advisor

Consider this career path if you want the satisfaction of knowing that you’re helping others plan for their futures.

  • Median salary per year: $89,330

You might also need to have a knack for marketing and sales as you attract and welcome new clients to your firm. In this role, you might work for a successful money management company or start your own practice.

Finance Professor

You may be able to pass your knowledge onto others by teaching students at the university level.

  • Outlook for job growth: 7% increase
  • Median salary per year: $88,010

Like many careers, you’ll need more than knowledge of the financial sector to be successful in this position. You’ll need organization and communication skills to be able to teach effectively. You’ll also need to be willing to prove your teaching effectiveness to your department via annual reviews.

If you enjoy teaching, researching, and discussing business, you may find yourself quite at home among the faculty of a business college.

Curriculum for Finance PhD Programs

Curriculum for Finance PhD Programs

Similar to a MBA in finance or online master’s in finance , when pursuing an advanced degree in finance, you’ll likely take a variety of courses designed to equip you with a thorough understanding of financial matters and how they relate to decision-making for individuals and businesses.

Your classes may include:

  • Accounting and Control for Nonprofit Organizations
  • Business Ethics
  • Business Valuation
  • Data Analysis for Investments
  • Financial Management for International Business
  • Human Resource Development
  • Investment Portfolio Analysis
  • Managerial Finance
  • Mathematical Foundations for Finance
  • Mergers & Acquisitions
  • Money, Capital Markets & Economic Growth
  • Quantitative Research Design & Methodology
  • Real Estate Finance
  • Real Option Valuation
  • Risk Management
  • Strategic Thinking for Decision-Making
  • Stochastic Foundations of Finance

Since your program will likely encourage you to take a mix of both foundational classes and specialized electives, the coursework listed above includes both core classes and electives. Your PhD in finance requirements may also include a dissertation or capstone project. A growing number of doctorate programs have no dissertation required , but these tend to be professional doctorates, not PhDs.

Choose programs with a capstone project if you’d like to finish your degree faster. Dissertations can often take 2-3 years more to complete after you finish your coursework.

DBA in Finance vs. PhD in Finance

DBA in Finance vs. PhD in Finance

When you have your sights set on a finance degree, there are two different doctoral routes you can take. You could earn a doctorate of business administration (DBA) in finance or pursue a Doctor of Philosophy (PhD) in finance.

Although you can learn a great deal about numbers, money, and economics either way, the two different degrees will likely set you on divergent career tracks.

People often choose a professional doctorate, such as a DBA in Finance, if they want to put their education to work in the field — for example, working on Wall Street or in a Fortune 500 company.

A DBA in Finance:

  • Is typically pursued by those who want to stay with their current company or work for another corporation.
  • May involve drawing from others’ data and research for the culminating project.
  • Is often pursued by those with several years of professional experience.

A PhD in finance is often pursued by people who want to work in an academic setting. You may find that a PhD program focuses more on the theoretical aspects of finance than the practical ones.

A PhD in Finance:

  • Is typically pursued by people who want to conduct research, get published or teach.
  • Typically requires conducting original research.
  • May be good for those straight out of school, such as recent graduates of a master’s in finance or master’s in accounting program.

Think about what you want to do for your career, then choose the degree that best fits those goals.

Online vs. Traditional Finance Degree

financial degree student studying online

When it comes to online versus traditional finance doctoral programs, the main difference is the format through which the material is presented. The content should remain about the same, and the rigors of the program likely will as well.

You may choose a fully online program, an on-campus one, or a hybrid mix.

Accreditation for a Doctorate in Finance Online

Accreditation for a Doctorate in Finance Online

Universities receive accreditation as proof that their programs provide a thorough educational experience for students. Therefore, when you’re looking for a doctor of finance program, the school’s accreditation should be the first thing that you consider.

Reputable universities receive accreditation from a regional accrediting agency . These organizations give a broad stamp of approval to the entire school rather than to its individual programs. It is essential that you enroll in a school with regional accreditation.

In addition, there are several national and international organizations that provide accreditation specifically for business programs. Although this type of accreditation may not be absolutely essential, it’s certainly a valuable sign that the program is thorough, reputable, and excellent in quality.

A finance program may be accredited by:

  • Accreditation Council for Business Schools and Programs (ACBSP)
  • Association to Advance Collegiate Schools of Business International (AACSB)
  • International Assembly for Collegiate Business Education (IACBE)

The top finance PhD programs are accredited both regionally and programmatically by one of these specialty boards. You can find your chosen university’s accreditation by searching the US Department of Education’s accreditation database .

Financial Aid for a Finance Degree

Financial Aid for a Finance Degree

As you begin looking into finance PhD programs, don’t forget to also look into financial aid opportunities. At the doctorate level, you may still be eligible for federal financial aid as well as fellowships and scholarships from universities and scholarships from private organizations.

Your employer might even have tuition assistance programs available.

Can I Get My PhD Online?

financial analysts in a meeting

Yes, many universities offer online PhD and professional doctorate programs. This includes doctoral degrees in finance, public health, education, nursing, and organizational leadership.

This approach can help you earn your advanced degree in a format that fits your schedule.

Is an Online PhD Respected and Credible?

In an online program, you should have to work just as hard as you do in an on-campus program. Additionally, your official records are unlikely to specify how you earned your degree.

The important thing is not the format in which you completed your coursework but whether you attended an accredited university.

Are There Any Online PhD In Finance Programs?

professional shaking hands with his employer

Earning a doctoral degree in finance doesn’t have to require moving onto campus or uprooting your whole life. Rather, there are programs for a DBA or PhD in finance online.

In these programs, you can engage in a computer-based educational experience as you work toward your degree.

Getting Your PhD in Finance Online

accountant working in an office

To take your finance education to the highest level, you may want to pursue a doctoral degree in this field, whether a PhD or a DBA.

Completing your coursework online can help you receive a solid education in a format that fits your lifestyle and prepare you for the next step on your career path.

Use the above list of schools to narrow down the finance PhD programs for you.

Related Guides:

  • Best Online Masters in Finance No GMAT
  • Finance vs. Accounting – What’s the Difference?

online phd in economics and finance

2024 Best Online PhD in Finance Programs [Doctorate Guide]

An online PhD in Finance offers the opportunity to study finance and economics at the highest level.

Best Online PhD in Finance Programs

You can learn how to use financial models and theories to develop a deeper understanding of economic systems and solve business problems. Finance PhD degrees also teach students to conduct quantitative research on financial networks and policies.

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Graduates can use their knowledge and skills to pursue careers in a variety of areas, including academia, business consulting, data science, finance, and the public sector.

PhD in Finance Programs Online

Woman taking PhD in Finance online

A Ph.D. in Finance is designed for people who want to immerse themselves in academic research and theory. This degree focuses on advanced financial models and concepts used to explain and forecast the performance of the economy, financial institutions, investments, and other aspects of modern finance.

Doctoral students in this field also study approaches and techniques for conducting empirical research. Students practice collecting and interpreting data from a variety of sources, such as consumer surveys and income statements. They also use econometrics to statistically analyze financial data and trends.

Other topics commonly taught in finance doctoral programs include:

  • Asset pricing
  • Banking systems
  • Corporate finance and capital markets
  • Empirical analysis
  • Financial decision-making
  • Financial markets
  • International financial topics
  • Macroeconomics
  • Market design
  • Microeconomics
  • Time series analysis

Additionally, students can develop many technical skills related to financial research. For instance, finance PhD programs often encourage students to use programming languages like Python and R to extract and analyze data. Students may also learn to use the latest digital tools to interpret data and create financial models, such as MATLAB and Stata.

Graduates can use their finance PhD degrees to pursue a broad range of careers. Many students enroll in these programs because they want to work in higher education. They may use their specialized knowledge to become professors and academic researchers.

The private sector also provides many employment opportunities for PhD holders. All organizations need business-savvy professionals who can manage financial resources, make predictions, and formulate financial strategies. As a result, there are numerous finance-related jobs in all industries.

Graduates may also secure jobs with nonprofit organizations. Some work as grant writers, while others become policy analysts. Other potential careers in this sector include development officer and program manager. These roles all focus on helping nonprofit organizations generate more income and solve economic or social issues.

Finally, this degree can be beneficial for people who want to become consultants or entrepreneurs. You can learn business tactics and skills that you can use to help clients perform better or to launch your own company.

Finance Careers & Salaries

Finance Careers & Salaries

A doctoral degree in finance can pave the way for many career paths. Many graduates pursue careers as college professors in business, economics, and finance departments. These professionals teach students and publish research in their area of specialty.

Additionally, many graduates secure employment with private corporations and financial institutions, including banks, credit unions, and investment firms. They can become actuaries, cost estimators, financial analysts, and other finance professionals.

These specialists use the advanced knowledge and research skills they gained during their PhD programs to analyze financial data and help corporations make data-driven business decisions.

According to the Bureau of Labor Statistics , here are careers associated with finance and their median salaries.

Some graduates become financial analysts and researchers for government agencies and think tanks. They often help their employers develop and explore the implications of economic policies, political strategies, and social policies. Graduates can also work for or start consulting firms.

Business and management consultants examine their clients’ financial records and operations. They use their findings to identify inefficient workflows and other issues and make recommendations to help businesses improve their performance.

Online Finance PhD Curriculum & Courses

students pursuing Finance PhD degree

Finance PhD programs teach advanced finance concepts and research skills. The specific curricula vary by program but may include courses similar to these:

  • Empirical Methodology in Finance : You’ll learn how to use popular empirical research methods to investigate and solve issues in the finance industry.
  • Financial Economics : This course analyzes foundational theories and applications of modern financial economics, such as arbitrage pricing theory, mean variance theory, and stochastic dominance.
  • Financial and Economic Networks : You’ll use empirical and theoretical research methodologies to deepen your understanding of financial modeling and networks.
  • Household Finance : You’ll explore recent empirical research projects in household finance and learn strategies to gather and analyze data.
  • International Finance : This class traces the history of academic research on international finance and covers techniques students can use to conduct research in this field.
  • Introduction to Asset Pricing : You’ll investigate how finance institutions use asset pricing models to predict the expected rate of return for investments.
  • Introduction to Corporate Finance : You’ll learn how to create, interpret, and conduct quantitative research with corporate finance models.
  • Macro-Finance : You’ll examine fundamental areas and methods in macro-finance, such as asset pricing, fiscal policy, and household finance.
  • Microeconomics : This course overviews applications and theories of microeconomics, including aggregated demand and general equilibrium analysis.
  • Theories of Finance : You’ll study contemporary financial theories and their relationship to asset pricing, corporate finance, and financial markets.

Additionally, many programs require finance PhD students to take courses in statistics and probability.

How to Choose an Online PhD in Finance Program

Co-workers checking on PhD in Finance Program online

All finance PhD programs have different educational opportunities, learning environments, and resources. As a result, there are many factors to consider as you compare finance degree online programs, such as:

  • Program reputation . Employers often look more favorably at job candidates who graduated from high-ranking institutions with excellent reputations. Additionally, attending a top program could provide more opportunities to develop a robust professional network in your chosen area.
  • Research areas . Doctoral students typically research and write about specific topics or subfields that align with their personal and professional interests. It’s beneficial to look for a program with well-known faculty specializing in your chosen areas, such as corporate governance or behavioral finance. These professors can guide your research and connect you with resources.
  • Funding opportunities . Some PhD programs in finance offer full or partial funding for qualifying students. You might qualify to receive a tuition waiver, a stipend to cover conference travel, and other financial assistance. You can also inquire about additional funding opportunities, such as grants and scholarships from the college.
  • Course format . The specific mode of delivery for online courses varies. Some programs offer synchronous online classes, which allow you to interact with professors and peers over video chat. Others have asynchronous courses that you complete on your own schedule.

Additionally, you can ask a program’s staff if they have current students or recent alumni willing to speak with you. These informal conversations can help you get a better sense of the program’s culture and strengths and weaknesses.

Admissions Requirements

Man preparing requirements for PhD in Finance

Many PhD programs in finance only admit a limited number of students each year, so the admissions process can be competitive.

Every institution has its own admissions criteria, but here are a few typical requirements:

  • Bachelor’s or master’s degree in related field
  • Statement of purpose describing your interests, goals, and reasons for applying
  • CV listing education, work experience, applicable skills, and volunteer activities
  • Confidential letters of recommendation
  • Official transcripts

Some colleges and universities also request GMAT or GRE scores, but many programs are phasing out this requirement.

Online PhD in Finance Programs Accreditation

University offering Online PhD in Finance

Accreditation is an essential factor to consider as you compare finance doctoral programs, much like when considering an MBA in Finance online or on campus programs. Colleges and universities can earn regional accreditation if an external regional accreditor assesses their programs and faculty and verifies that they meet agreed-upon educational standards.

Accredited programs offer professional and academic benefits. Employers often prefer to hire graduates from accredited schools because they know these candidates have received a quality education. Accredited doctoral programs typically provide access to student support services, such as online library databases and career centers.

Plus, many government agencies and private organizations only distribute financial assistance to students enrolled at accredited institutions.

Financial Aid and Scholarships

PhD in Finance Financial Aid

As you investigate finance PhD programs, you can also search for financial aid opportunities to help pay for your degree.

Many doctoral programs offer full funding for qualified students. These funding packages could include a stipend, tuition waiver, and health insurance. Students may need to work as a teaching or research assistant in exchange for this funding. Also, they are typically required to maintain a certain GPA and meet program milestones.

The federal government also offers several types of financial assistance for graduate students. You may be eligible for federal grants, student loans, or a part-time work-study program. You can learn more about these opportunities by visiting the Federal Student Aid website.

In addition, many employer offer financial support for workers who want to further their education. You can ask your supervisor about any tuition assistance or reimbursement opportunities.

What Can You Do with a PhD in Finance?

Financial Risk Specialist & Economists discussing

A doctoral degree in finance can help you qualify for many lucrative careers. Many graduates use their expertise and research skills to secure positions as postsecondary teachers.

The Bureau of Labor Statistics predicts that the demand for this career will increase by 12% over the next decade. Additionally, a PhD in Finance can help prepare you for numerous jobs in business and finance. Some graduates become financial managers and oversee their organization’s investments and revenue.

Finance is a good career path for many students. Other potential career paths in the finance industry include financial examiner, chief financial officer (CFO), management analyst, and operations research analyst. These positions focus on data analytics and strategic decision-making.

Should I Get a PhD in Finance?

Financial Manager discussing with Financial Analysts

Finance PhD degrees tend to be rigorous and involve extensive research and writing.

Here are a few signs that this degree could be the right fit:

  • Your preferred career requires a terminal degree in the field.
  • You enjoy studying economics, mathematics, and statistics.
  • You want to become an expert in financial systems and theories.
  • You’re passionate about researching topics in business and finance.
  • You want to publish your research for academic audiences.
  • You’re interested in teaching students.

If some of these criteria apply to you, a doctoral degree in finance could be a strategic next step.

How Long Does It Take to Get a PhD in Finance Online?

Woman pursuing PhD in Finance online

Most PhD programs in finance take 3 to 5 years to complete if you enroll full-time. But several factors can affect how long it takes you to graduate.

Programs that require a dissertation typically take longer. Many students spend a total of 5 years—including 3 years completing coursework and 2 years writing their dissertation. Some students take longer, though, to finish their dissertations, extending the length of their program.

Doctorate programs that don’t require a dissertation may be completed in 3 to 4 years if students are enrolled full-time.

What’s the Difference Between a DBA vs. PhD in Finance?

A Doctor of Business Administration (DBA) and a Doctor of Philosophy (PhD) are both terminal degrees in finance, but they have a few crucial differences.

A PhD could be a strategic choice if you’re passionate about research and teaching.

Is a PhD in Finance Worth It?

Financial Risk Specialist in a meeting with finance team

Yes, a PhD in Finance is worth it for many students. This degree allows you to develop a deeper understanding of economics, financial markets, and investment techniques. You’ll also learn how to identify business problems and mitigate risk.

In addition, a doctorate in finance enables you to develop expertise in specific areas of finance. For instance, you could specialize in behavioral finance, econometrics, or financial technologies. Expertise in these fields could lead to career paths in academic institutions, corporations, tech startups, and other organizations.

The Bureau of Labor Statistics predicts that overall employment of business and finance professionals will increase by 7% over the next ten years, and 12% job growth is projected for postsecondary teachers.

Universities Offering Online Doctorate in Finance Degree Programs

Methodology: The following school list is in alphabetical order. To be included, a college or university must be regionally accredited and offer degree programs online or in a hybrid format.

Kansas State University

A Doctorate in Personal Financial Planning is available through Kansas State University. The program is 1 of only 4 in the country recognized by the Certified Financial Planner Board of Standards. Coursework is completed online during the fall and spring. There are three summer residencies, lasting 10 days each. The final residency is abroad. Kansas State University is accredited by the Higher Learning Commission.

National University

National University offers a PhD in Business Administration with a concentration in Financial Management. The program may be completed entirely online. On average, the required 60 credits may be completed in 73 months. Courses are 4 to 8 weeks long. The school offers weekly start dates. National University is accredited by the WASC Senior College and University Commission.

Pace University

A Doctorate of Professional Studies with a concentration in Finance may be earned through Pace University. Coursework is completed online with Friday sessions on campus once per month. Courses follow a semester schedule. Typically, the 19 required courses may be completed in 3 years. Pace University is accredited by the Middle States Commission on Higher Education.

Texas Tech University

Texas Tech University offers a PhD in Personal Financial Planning. The program is available fully online or on campus. The program requires 72 credits. Courses follow a semester schedule with 3 start dates. Upon completion, graduates may be eligible to take the CFP Certification exam. Texas Tech University is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

University of the Cumberlands

A PhD in Business with a specialization in Finance through the University of the Cumberlands. Coursework is online with fieldwork or an internship required. The program requires 66 credits including 24 hours in professional research and 24 hours in Finance. Courses are in half- or full-terms. The University of the Cumberlands is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

Walden University

Walden University offers a PhD in Management with a specialization in 21st Century Finance. The program is fully online and requires 4 brief academic residencies. The program is course-based with weekly assignments. Most courses are asynchronous in format. Courses are in an accelerated format with several start dates each year. Walden is accredited by the Higher Learning Commission.

Getting Your Doctorate in Finance Online

student getting Doctorate in Finance Online

If you want to study and help solve complex business and financial problems, you might consider earning an online PhD in Finance.

Finance doctoral programs teach students about asset planning, financial models, regulations, and other topics. They also cover empirical research skills, such as creating surveys and managing datasets. Graduates apply their knowledge in many positions. Some become college professors, while others pursue roles as financial managers, consultants, and marketing analysts.

You can kickstart your doctoral journey by exploring online finance PhD programs from accredited schools today.

online phd in economics and finance

Tepper School of Business

Tepper School

Ph.D. Program in Financial Economics

This field devotes attention to the study of the effects of information, attitudes toward risk, taxation, macroeconomic fluctuations, and security market prices..

The purpose of the Ph.D. program in financial economics is to educate students in the concepts and analytical techniques needed to understand and advance the frontiers of knowledge in financial economics.

The program provides students with sound training in economics, finance, and quantitative methods, as well as the opportunity to work closely with faculty on original research.

Financial economics deals with the pricing of capital assets and the financial decisions of individuals and firms. Much of its attention is devoted to the study of the effects of information, attitudes toward risk, taxation, macroeconomic fluctuations, and time on investors' investment choices and security market prices. Issues involving the behavior of firms are also of interest, including the importance of corporate dividend, capital structure, and investment policies to firm valuation.

The Ph.D. program in financial economics is designed to educate students in the concepts and analytical techniques required for basic and applied research in these and related areas. This training typically leads to academic careers at other major business schools and economics departments.

Carnegie Mellon is one of the few institutions at which the economics department for the university as a whole is housed in the business school. This creates an environment which is especially conducive to close integration between the various management studies and economics. The Tepper School of Business at Carnegie Mellon has long played a pioneering role in the application of new ideas and techniques in economics to financial problems.

Research Topics

Asset pricing theory.

  • Market Incompleteness
  • The Effect of Incomplete Markets on Security Valuation
  • Risk Preferences
  • Asset Pricing and Investor Risk Preferences
  • Mortgage Valuation
  • The Valuation of Mortgage Loans

Tax Effects in Security Markets

  • Treasury Bonds
  • Tax Effects in the Relative Pricing of Treasury Bonds
  • Municipal Bonds
  • Term and Tax Effects in the Pricing of Municipal Bonds
  • Capital Gains Taxation
  • The Effect of Capital Gains Taxation on the Optimal Trading and Equilibrium Pricing of Financial Assets

Corporate Finance

  • Corporate Control
  • Capital Structure And Corporate Control
  • Optimal Bankruptcy Law

Market Microstructure

  • Design of Financial Markets
  • Limit and Market Orders
  • Trading Strategies

International Finance

  • Risk Premia in Currency Markets
  • Lottery Bonds

P lease visit our Ph.D. Student Profiles page t o view the profiles of our current doctoral candidates.

Program details.

  • Requirements
  • Tepper 2023
  • Course List
  • Academic Calendar
  • Privacy Policy
  • Statement of Assurance
  • Tepper Information Center
  • Journalists & Media
  • Tepper Gear Store

Economics Department lobby

PhD Program

Year after year, our top-ranked PhD program sets the standard for graduate economics training across the country. Graduate students work closely with our world-class faculty to develop their own research and prepare to make impactful contributions to the field.

Our doctoral program enrolls 20-24 full-time students each year and students complete their degree in five to six years. Students undertake core coursework in microeconomic theory, macroeconomics, and econometrics, and are expected to complete two major and two minor fields in economics. Beyond the classroom, doctoral students work in close collaboration with faculty to develop their research capabilities, gaining hands-on experience in both theoretical and empirical projects.

How to apply

Students are admitted to the program once per year for entry in the fall. The online application opens on September 15 and closes on December 15.

Meet our students

Our PhD graduates go on to teach in leading economics departments, business schools, and schools of public policy, or pursue influential careers with organizations and businesses around the world. 

Logo for The Wharton School

  • Youth Program
  • Wharton Online

Wharton’s PhD program in Finance provides students with a solid foundation in the theoretical and empirical tools of modern finance, drawing heavily on the discipline of economics.

The department prepares students for careers in research and teaching at the world’s leading academic institutions, focusing on Asset Pricing and Portfolio Management, Corporate Finance, International Finance, Financial Institutions and Macroeconomics.

Wharton’s Finance faculty, widely recognized as the finest in the world, has been at the forefront of several areas of research. For example, members of the faculty have led modern innovations in theories of portfolio choice and savings behavior, which have significantly impacted the asset pricing techniques used by researchers, practitioners, and policymakers. Another example is the contribution by faculty members to the analysis of financial institutions and markets, which is fundamental to our understanding of the trade-offs between economic systems and their implications for financial fragility and crises.

Faculty research, both empirical and theoretical, includes such areas as:

  • Structure of financial markets
  • Formation and behavior of financial asset prices
  • Banking and monetary systems
  • Corporate control and capital structure
  • Saving and capital formation
  • International financial markets

For information on courses and sample plan of study, please visit the University Graduate Catalog .

Get the Details.

Visit the Finance website for details on program requirements and courses. Read faculty and student research and bios to see what you can do with a Finance PhD.

Luke Taylor

Finance Doctoral Coordinator Prof. Luke Taylor John B. Neff Associate Professor in Finance, Professor of Finance Co-Director, Rodney L. White Center for Financial Research Email: [email protected] Phone: (215) 898-4802

  • Harvard Business School →
  • Doctoral Programs →

PhD Programs

  • Accounting & Management
  • Business Economics
  • Health Policy (Management)
  • Organizational Behavior
  • Technology & Operations Management

Students in our PhD programs are encouraged from day one to think of this experience as their first job in business academia—a training ground for a challenging and rewarding career generating rigorous, relevant research that influences practice.

Our doctoral students work with faculty and access resources throughout HBS and Harvard University. The PhD program curriculum requires coursework at HBS and other Harvard discipline departments, and with HBS and Harvard faculty on advisory committees. Faculty throughout Harvard guide the programs through their participation on advisory committees.

How do I know which program is right for me?

There are many paths, but we are one HBS. Our PhD students draw on diverse personal and professional backgrounds to pursue an ever-expanding range of research topics. Explore more here about each program’s requirements & curriculum, read student profiles for each discipline as well as student research , and placement information.

The PhD in Business Administration grounds students in the disciplinary theories and research methods that form the foundation of an academic career. Jointly administered by HBS and GSAS, the program has five areas of study: Accounting and Management , Management , Marketing , Strategy , and Technology and Operations Management . All areas of study involve roughly two years of coursework culminating in a field exam. The remaining years of the program are spent conducting independent research, working on co-authored publications, and writing the dissertation. Students join these programs from a wide range of backgrounds, from consulting to engineering. Many applicants possess liberal arts degrees, as there is not a requirement to possess a business degree before joining the program

The PhD in Business Economics provides students the opportunity to study in both Harvard’s world-class Economics Department and Harvard Business School. Throughout the program, coursework includes exploration of microeconomic theory, macroeconomic theory, probability and statistics, and econometrics. While some students join the Business Economics program directly from undergraduate or masters programs, others have worked in economic consulting firms or as research assistants at universities or intergovernmental organizations.

The PhD program in Health Policy (Management) is rooted in data-driven research on the managerial, operational, and strategic issues facing a wide range of organizations. Coursework includes the study of microeconomic theory, management, research methods, and statistics. The backgrounds of students in this program are quite varied, with some coming from public health or the healthcare industry, while others arrive at the program with a background in disciplinary research

The PhD program in Organizational Behavior offers two tracks: either a micro or macro approach. In the micro track, students focus on the study of interpersonal relationships within organizations and the effects that groups have on individuals. Students in the macro track use sociological methods to examine organizations, groups, and markets as a whole, including topics such as the influence of individuals on organizational change, or the relationship between social missions and financial objectives. Jointly administered by HBS and GSAS, the program includes core disciplinary training in sociology or psychology, as well as additional coursework in organizational behavior.

Accounting & Management  

Business economics  , health policy (management)  , management  , marketing  , organizational behavior  , strategy  , technology & operations management  .

Doctoral Program

The Ph.D. program is a full time program leading to a Doctoral Degree in Economics.  Students specialize in various fields within Economics by enrolling in field courses and attending field specific lunches and seminars.  Students gain economic breadth by taking additional distribution courses outside of their selected fields of interest.

General requirements

Students  are required to complete 1 quarter of teaching experience. Teaching experience includes teaching assistantships within the Economics department or another department .

University's residency requirement

135 units of full-tuition residency are required for PhD students. After that, a student should have completed all course work and must request Terminal Graduate Registration (TGR) status.

Department degree requirements and student checklist

1. core course requirement.

Required: Core Microeconomics (202-203-204) Core Macroeconomics (210-211-212) Econometrics (270-271-272).  The Business School graduate microeconomics class series may be substituted for the Econ Micro Core.  Students wishing to waive out of any of the first year core, based on previous coverage of at least 90% of the material,  must submit a waiver request to the DGS at least two weeks prior to the start of the quarter.  A separate waiver request must be submitted for each course you are requesting to waive.  The waiver request must include a transcript and a syllabus from the prior course(s) taken.  

2.  Field Requirements

Required:  Two of the Following Fields Chosen as Major Fields (click on link for specific field requirements).  Field sequences must be passed with an overall grade average of B or better.  Individual courses require a letter grade of B- or better to pass unless otherwise noted.

Research fields and field requirements :

  • Behavioral & Experimental
  • Development Economics
  • Econometric Methods with Causal Inference
  • Econometrics
  • Economic History
  • Environmental, Resource and Energy Economics
  • Industrial Organization
  • International Trade & Finance
  • Labor Economics
  • Market Design
  • Microeconomic Theory
  • Macroeconomics
  • Political Economy
  • Public Economics

3.  Distribution

Required:  Four other graduate-level courses must be completed. One of these must be from the area of economic history (unless that field has already been selected above). These courses must be distributed in such a way that at least two fields not selected above are represented.  Distribution courses must be passed with a grade of B or better.

4.  Field Seminars/Workshops

Required:  Three quarters of two different field seminars or six quarters of the same field seminar from the list below.   

Find Best Degrees

Online PhD Economics

online phd in economics and finance

By Brandon Mario D`Souza

Updated march 16, 2024.

online phd in economics and finance

Brandon Mario D’Souza

Registered Social Worker – Social Work England

Brandon is a registered social worker with Social Work England. He obtained his master’s in social work (personnel management & industrial relations) and used it in fields such as water treatment, construction, software, and education. Then he transitioned to the health and social care sector with an M.Sc. in health psychology. Brandon loves to write, cook, and play musical instruments (piano, guitar, melodica, ukulele, and kazoo) and enjoys the calmness and serenity of nature.

Master of Social Work, Master of Health Psychology

Areas of Expertise & Credentials

None to disclose in particular; the basics are covered in the short bio.

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The online PhD economics program prepares aspiring individuals for careers in academia, research, and government by combining a rigorous technical education with an emphasis on research that is relevant to policy. An Online PhD Economics graduate will be proficient in economic theory, statistical techniques, and applied field knowledge. They would be able to pose and empirically address economic questions, paving the way to various careers in many sectors. According to the U.S. Bureau of Labor Statistics (BLS), jobs for economists are rapidly expanding and are expected to grow by 13% between 2020 and 2030 . This guide gives prospective doctoral students an in-depth understanding of online PhD economics programs, including what the program entails, research areas, career options, and more.

Economics

Best Online PhD Economics Programs

Most prospective PhD students struggle to find the top universities for PhD in economics, behavioral economics PhD rankings, and so on. This is because several factors must be considered when ranking a school, such as the faculty’s quality and experience, availability of suitable PhD guides or mentors, access to excellent research facilities, accreditation, and more. FBD teams searched the country for the top economics PhD programs based on these and other criteria. As a result, here is a list of the best universities for PhD in economics: *

Liberty University

Ottawa university, marymount university, hampton university, pardee rand graduate school, california baptist university, university of southern mississippi.

Universities and programs are ranked by various factors, such as affordability, curriculum and coursework, reputation and availability, program length, statistics, the potential of employment, and return on investment for the students. For a more in-depth analysis, please read about our rankings methodology page . 

What to Expect from Online PhD Economics Programs

Doctor of economics programs are designed for students with exceptional promise who want to prepare for careers in teaching and research in academia, as well as positions of responsibility in research organizations, government, or business enterprises. Students in these programs are prepared for productive and stimulating careers as economists. The program’s courses and seminars foster an intellectually active, cognitively strong, and stimulating environment.

The doctoral program is divided into 2 to 3 years of coursework, followed by the dissertation years. During the first year, all students take a set of core courses and field courses in their chosen specializations. The second and/or third year field coursework must typically be completed in either econometrics, macroeconomics, international trade, industrial organization, or public economics. Of course, this would vary by college and program. Students then enter the program’s dissertation phase after completing the required coursework and field exams. Every student must write and defend an original dissertation, a single multi-chapter dissertation or a collection of separate but related papers. Read the Guide to PhD Programs to understand more.

Here is the basic structure of online PhD economics programs:

(a) Coursework

The course selection for doctoral students is broad. Most of the time, students can choose their course plans from one branch of economics to fit their needs and professional objectives.

(b) Teaching

Although not always a requirement, at some colleges, teaching experience is strongly recommended for students who are not Graduate Teaching Assistants (GTAs) but want to become professors.

(c) Residency

In some cases, unless they have an assistantship, students are required to complete a certain number of prescribed credit hours of graduate-level coursework. The student is required to study full-time during this period. Residency is sometimes needed before taking the comprehensive exams.

(d) Comprehensive Exams

Students are eligible to take comprehensive examinations when they have completed all coursework. Most students choose to write a manuscript on a topic of their choice and defend it orally before a committee of departmental, school, and/or university faculty members.

(e) Dissertation

The PhD candidate will collaborate with their advisor to choose a topic that will advance the field after passing the comprehensive exam.

(f) Field Experience

Doctoral students are encouraged to participate in independent study research courses to combine and relate classroom theory with field activities. They can engage with scientific communities through research and collate data from various sources for this purpose.

The coursework one can expect in an online PhD economics degree would largely be the same for most programs but would be at advanced levels and would include:

  • Microeconomics
  • Macroeconomics
  • Econometrics

Likewise, some of the research areas students can expect from the PhD economics program include:

  • International Trade & Finance
  • Behavioral & Experimental
  • Political Economy
  • Industrial Organization
  • Public Economics
  • Microeconomic Theory
  • Research fields and field requirements:
  • Development Economics
  • Econometric Methods with Causal Inference
  • Market Design
  • Environmental, Resource & Energy Economics
  • Labor Economics
  • Economic History

Areas of Specializations in Online PhD Economics Programs

Specialization in one of the various branches of economics can lead to better job opportunities and higher pay. They focus the study of economics on a single topic, allowing students to conduct research in that field and become experts. Here are a few examples of concentrations available to students pursuing a PhD in economics:

Some of the other specializations and PhD programs students can consider include but are not limited to:

  • PhD Macroeconomics
  • PhD in Computational Economics
  • PhD in Economic Development
  • PhD Political Economy Online
  • Online PhD in Economics and Finance
  • Labor-Public Economics
  • Applied Econometrics

Why should I get an Online PhD Economics Degree?

One of the best ways to conduct and promote global priority research is through economics in particular. A PhD in economics is one of the most sought-after graduate degrees, with a good chance of getting a job in academia or research. Unlike many PhD programs, the skills one acquired from the doctorate in economics are in high demand in the corporate sector as well. Those who want to work in economics research, have strong math skills, and have a keen interest in economics should strongly consider pursuing a PhD in economics.

Upon completing the online PhD economics, individuals would be able to contribute to global priorities research and help come up with practical solutions to the many economic issues present globally. The program provides students with a diverse set of tools for comprehending the social world and assessing causes and interventions that can impact millions of lives.

Doctoral students would have acquired several skills by completing the PhD economics online that would prove invaluable throughout their careers. For example, they would have acquired the ability to:

  • show a strong background in their area of specialization and have a thorough understanding of the significant past and present contributions in the area;
  • create a compelling academic argument for their position by presenting and analyzing the evidence with care;
  • determine intriguing issues, come up with innovative answers, and communicate the findings to the scientific community;
  • prepare submissions that adhere to the requirements of a particular economic journal, and take revision suggestions seriously;
  • produce scholarship that is comparable to articles that are published in prestigious peer-reviewed journals in terms of scope and format;
  • utilize the variety of resources available for economics research, including empirical analysis (econometric and experimental) and theoretical modeling;
  • solve complex issues by utilizing technical tools, as well as by locating and properly using data sources; and
  • be independent scholars capable of conducting superior research in both academic and non-academic contexts.

Free Courses for Online PhD Economics Students

Free courses are always useful for PhD of economics students to aid with their research on specific topics. Although these courses are not accredited and often do not lead to any certification, they provide additional knowledge and different perspectives on the subject. Here are some platforms that offer online PhD economics courses for free:

How to get into the Online PhD Economics Programs?

To be admitted to an online PhD in economics programs, applicants must have a master’s degree from a regionally accredited institution or a foreign university that meets both the bachelor’s and master’s degree requirements. Furthermore, a Grade Point Average (GPA) of at least 3.0 on a 4.0 scale is usually required. Prospective students at some colleges may also be necessary to identify a suitable professor who will serve as their advisor or mentor throughout their research. Aside from these, the following are some of the most common PhD in economics requirements:

Online Application & Application Fee

Completing an online application and paying the prescribed application fee.

Official Academic Transcripts

An official copy of academic transcripts from each college/university attended.

Undergraduate/Graduate Degree + Grade Point Average

An undergraduate and/or graduate degree from an accredited university and Grade Point Average (GPA) of 3.0 or more.

Graduate Record Examination (GRE) or Graduate Management Admission Test (GMAT) Scores

An official copy of GRE scores no older than 5 years.

Graduate Résumé or Curriculum Vitae

The latest résumé or CV that provides personal information and work experience.

Personal Statement or Statement of purpose

A statement outlining how the program relates to the applicant’s career goals.

Letters of Recommendation

At least 3 letters of recommendation from those who can provide a thorough evaluation of the applicant’s abilities at the graduate level.

Proof of English proficiency

A document proving proficiency in English (for non-native English speakers).

Online PhD Economics No GRE Programs

The Graduate Record Examination (GRE) is a common component of the admissions process. However, it may be possible to eliminate the need for these test results. Typically, the school will determine whether a GRE score is required or not. Some universities do not require students to take the GRE if they have a high GPA, relevant experience, and a solid academic background. However, this admissions requirement is ultimately waived at the school’s discretion. Fortunately, the quality and content of these graduate programs that do not require a GRE score are frequently the same as the ones that do. The Massachusetts Institute of Technology and The University of Arizona are examples of institutions that have waived the GRE requirement for entry into Ph.D in economics programs in 2024-2023.

How Long does it take to complete the Online PhD Economics Program

The PhD economics program is intended to be finished in 4 to 5 years, with the first 3 years being devoted to coursework and the last 1 to 2 years being dedicated to research and dissertation completion. It is also possible for students to pursue the economics PhD part time but opting for these programs would mean longer durations. For example, a part time PhD business economics could well take over 6 to 8 years to complete. Whatever the timeline, students’ work in economics PhD programs is typically very detailed and narrowly focused on their chosen specialization, which in turn determines the time it would take for one to graduate. Here is a quick overview of the online PhD in economics Duration:

  • Minimum time required for a full-time PhD in economics: about 4 to 5 years.
  • Maximum time required for a PhD in economics: up to 8 years.
  • PhD in economics credits: 65 to 75 credits.

Accelerated Online PhD Economics Programs

An accelerated curriculum allows students to move through their programs more quickly, increasing their chances of graduating sooner. Fast-track and accelerated doctoral degrees enable students to earn their PhD of economics in as little as three years, though some students may need an extra year to complete their doctoral dissertation in addition to the coursework years. Some universities allow students to begin their PhD programs while still pursuing their master’s degrees. In such cases, the master’s thesis becomes critical and can be “upgraded” or expanded to serve as a PhD dissertation. A few universities offer masters + PhD programs that allow students to shorten their time to earn their doctoral degree, an example being Binghamton University .

Accreditations for Online PhD Economics Programs

Accreditation demonstrates a program’s quality as well as the school’s dedication to a student-centric approach to teaching and learning. Having accreditation means that a school recognizes and meets the needs of students and potential employers by improving academic quality continuously. Colleges can be accredited nationally or regionally by independent organizations recognized by the United States Department of Education ( USDE ) and/or the Council for Higher Education Accreditation ( CHEA ). Regional accreditation is the most common type of accreditation sought by colleges offering accredited online economics degrees in the United States, and it is granted by six independent bodies:

  • New England Association of Schools and Colleges ( NEASC )
  • Middle States Commission on Higher Education ( MSCHE )
  • Higher Learning Commission ( HLC )
  • Southern Association of Colleges and Schools Commission on Colleges ( SACSCOC )
  • Northwest Commission on Colleges and Universities ( NWCCU )
  • Western Association of Schools anad Colleges (WASC) Senior College and University Commission ( WSCUC )

The best online PhD programs in economics may also be programmatically accredited by non-regional accrediting agencies. Two main accrediting bodies for economics schools and programs are the Association to Advance Collegiate Schools of Business ( AACSB ) and the Accreditation Council for Business Schools and Programs ( ACBSP ). Read the Guide to College Accreditation to learn more about accreditation.

How to Pay for an Online PhD Economics Programs?

An online PhD economics degree is typically very expensive to pursue. The average cost of a PhD doctorate degree in the United States is $98,800, according to Education Data . Even if prospective online students are not required to pay additional transportation, meals, or campus-related expenses, they must still pay the high tuition fee and associated research costs, which can be financially burdensome for many. The following are some of the outside funding options available to students for their online economics PhD degree:

online phd in economics and finance

Scholarships

Scholarships are popular among students because they are free and non-repayable. They are given to students who are deserving and meritorious, with academic performance serving as the primary selection criterion.

online phd in economics and finance

Grants, like scholarships, do not have to be repaid. Unlike scholarships, which are frequently awarded based on academic performance, grants are usually awarded based on the applicant’s financial need.

online phd in economics and finance

Fellowships

Predoctoral Fellowships, also known as PhD Fellowships, are grants awarded to doctoral candidates. PhD fellowship recipients must typically complete a future assignment or spend the funds on a specific purpose in exchange for the money. There are numerous awards and fellowships available to retain or attract the best students.

online phd in economics and finance

Work-Study Programs

Work-study programs, which provide part-time employment, assist students in covering school tuition and fees. Many of these jobs are related to the student’s academic program or are volunteer opportunities. Students can also gain practical experience through work-study programs.

online phd in economics and finance

Graduate Assistantships

Graduate assistantships are available for students who want to assist faculty in the classroom as graduate teaching assistants or conduct research as graduate research assistants. In exchange for their efforts, assistants are paid a fee or receive tuition discounts or waivers.

online phd in economics and finance

Student Loans

A student loan is another option for funding PhD programs for students. Several banks, financial institutions, and the federal government offer educational loans. Borrowing money will increase the overall cost of education because loans come with interest. Understand how one can apply for loan forgiveness to avoid repaying student loans by reading about Donors for Student Loans and Grants for Student Loans .

online phd in economics and finance

The Free Application For Student Aid or FAFSA is an application for federal financial aid that all prospective and current college students must complete to check if they are eligible for aid and receive the best financial aid package possible. The FAFSA Student Aid guide explains more.

Discover what financial aid is and learn everything there is to know about college funding in the How to Pay for College guide.

Fully Funded Online PhD Economics Programs

With the average cost of a PhD doctorate degree in the United States being $98,800 , many PhD aspirants would need to seek outside financial assistance. Fortunately, some colleges offer fully-funded online PhD programs in economics. Fully funded PhD programs in economics in USA will generally cover a student’s expenses for the three to five years they work on their doctorate (tuition, a living stipend, etc.). The following are a few fully-funded economics PhD programs:

FAQs Related to the Online PhD Economics Programs

How do you get a phd in economics.

To get a PhD in economics, one is required to go through the following steps:

  • Complete all required coursework
  • Select a specialization and research area
  • Conduct research in the chosen area 
  • Approach a faculty advisor/mentor
  • Complete and pass all comprehensive qualifying exams
  • Prepare the dissertation
  • Submit the dissertation and defend it

How many years for PhD in economics?

A PhD typically takes 4 to 5 years to complete. For the first 1 to 2  years, students take classes and then spend the rest of the years researching and writing a dissertation. Some universities allow students to enroll part-time, which would take them longer to complete the program.

Can I do a PhD part time?

Yes. Several universities across the country allow students to pursue their doctoral programs part-time. Those working and unwilling to give up their careers to study can consider programs such as the part time PhD in economics or part time PhD in business administration & economics. However, it is noteworthy that part-time PhD programs could take 6 to 8 years to complete.

What can you do with a PhD in economics?

A PhD in economics is one of the most appealing graduate programs and can lead to influential research positions in academia or policymaking. For those willing to work outside of academics, the economics PhD can lead to senior roles as managers and directors in various sectors, including government, nonprofit, and international organizations.

How much does a PhD in economics make?

The economics PhD does not lead to specific job titles; they are generally senior positions in industry or academia. This, coupled with the years of experience one has, makes it difficult to accurately report how much PhD in economics holders make. The salary would also depend on the sector and work setting. However, to serve as an indicator, Payscale reports that the median average annual salary of an economics PhD holder is $112,000 .

Can you get a PhD in economics online?

Yes. The PhD in economics is available online at many institutions. The online option is advantageous for many with benefits, such as flexible class scheduling, lower tuition, and lower travel expenses. Some of the best PhD in economics programs online are listed in this guide.

Can I do a PhD in economics without a masters?

Yes, some universities allow students to pursue a PhD in economics without first earning a master’s degree or while pursuing a master’s program. Students must, however, have completed several hours of doctoral research, and all other requirements for their chosen PhD program and emphasis area must be met by a student who is accepted straight from a bachelor’s degree. Based on the student’s bachelor’s background and their chosen doctoral path, the advisory committee for direct PhD students will specify additional coursework beyond the minimum. George Mason University is an excellent example where one can earn a master’s in economics while pursuing a PhD

Career Opportunities and Salaries after Online PhD Economics

What can you do with an economics PhD? Completing the PhD economics program allows individuals to teach undergraduate classes, conduct independent and collaborative research, or work in senior roles in various industries, including health care, banking, education, finance, business, and government and non-profit organizations. Many go on to work in research facilities, academia, and government think tanks, often liaising with industry experts and professionals. Although PhD economics holders may share job titles with their bachelor’s and master’s counterparts, they often land careers in senior management or positions. Examples of job titles include but are not limited to:

  • Project Manager
  • Senior Marketing Analyst
  • Operations Research Systems Analyst
  • Senior Budget Analyst
  • Administrative Director
  • Senior Financial Analyst
  • Senior Systems Analyst
  • Senior Project Administrator
  • Statistician
  • Industry Analyst
  • State Policy Analyst
  • Economic Researcher
  • Economic Consultant
  • Bank Director
  • Finance Director

The U.S. Bureau of Labor Statistics (BLS) projects that economist occupations will grow by 13% from 2020 to 2030, adding an estimated 1,600 jobs each year . Listed below are some examples of economics jobs, median annual salaries, and job growth, as reported by the BLS. It should be noted that the salaries mentioned are typically for those who have obtained their bachelors or masters in economics. PhD holders are likely to earn higher salaries:

Certifications and Licensing for PhD in Economics Students

A person’s competency—their education, demonstrated knowledge, and experience—is formally recognized by certification in a given profession. It is a formal process carried out and completed by a group of knowledgeable, experienced, and skilled organization representatives that improves one’s résumé and career opportunities. Each certification in the discipline of economics is unique to the economics discipline to which it pertains, such as health, finance, petroleum, business, and so on. PhD of economics holders can consider the following certifications:

Certified Business Economist (CBE)

The National Association for Business Economics (NABE) administers the Certified Business Economist (CBE) program, which was created by leading economists to “bridge the gap between what is learned in an academic setting and the knowledge required to succeed as a practitioner.”

Economic Development Finance Professional (EDFP) Certification Program

The Economic Development Finance Professional (EDFP) Certification Program focuses on the skills required for successful economic development, including loan packaging procedures, business credit & real estate financial analysis techniques, negotiating and problem-solving abilities, and deal structuring techniques.

American Academy of Financial Management (AAFM) Certifications

The American Academy of Financial Management (AAFM) bestows over 50 specialist designations and 20 distinct certifications on professionals who possess the necessary qualifications, experience, and training in economics-related fields. Examples of some of AAFM’s certifications are:

  • AFA Accredited Financial Analyst
  • AMA Accredited Management Accountant  
  • AMC Accredited Management Consultant  
  • MMC Master Management Consultant 
  • CIPM Certified International Project Manager 
  • CEPA Chartered Economic Policy Analyst
  • ChE Chartered Economist
  • ChHE Chartered Health Economist
  • ChEE Charted Energy Economist
  • ChFE Chartered Financial Economist
  • ChME Chartered Managerial Economist
  • ChIE Chartered Industrial Economist
  • ChPE Chartered Petroleum Economist

Although not required for economists, licensure is strongly recommended for many analyst positions to demonstrate professional competence. The CFA Institute, for example, allows financial analysts to become chartered financial analysts.

Additional Resources for PhD in Economics Students

Given the importance of economics in almost every aspect of life, both PhD economics students and working professionals must stay current on new trends, policy changes, evolving markets, and consumer wants and demands. They should also network with others to broaden their economic knowledge and expertise, which may help them advance in their careers. Here are some resources that might be helpful in this endeavor:

National Economic Association (NEA)

The National Economic Association (NEA) promotes minority economists’ professional careers. To promote economic growth, the organization creates and disseminates knowledge about economic issues of particular interest to native and immigrant African Americans, Latinos, and other people of color.

World Economics Association (WEA)

The World Economics Association (WEA) is a professional organization dedicated to promoting a pluralistic approach to economics. WEA seeks to expand the scope, breadth, and depth of economic thought. Plurality, competence, reality and relevance, diversity, openness, outreach, ethical behavior, and global democracy are all examples of this.

The National Association for Business Economics (NABE)

The National Association for Business Economics (NABE) is a professional organization for business economists and people from other walks of life who use economics in their daily work. NABE organizes surveys and events, publishes books, and certifies its members.

American Institute for Economic Research (AIER)

The American Institute for Economic Research (AIER) is famous for its nonpartisan economic research and advocacy. The organization is dedicated to developing and promoting pure freedom and private governance through advanced economic research, accessible media outreach, educational programming, and more.

Society for the Advancement of Economic Theory (SAET)

The Society for the Advancement of Economic Theory (SAET) was created to advance theoretical economics knowledge and facilitate communication among researchers in economics, game theory, mathematics, and any other such relevant fields that could be useful to economic theory.

Author Bio:

Disclaimer:.

The average tuition (based on degree type for in-state students), average graduation rates, and rankings are based on data from various sources, including the Integrated Postsecondary Education Data System (IPEDS), and are variable over time. All rankings and statistics are subject to change. The rankings are solely the opinion of Find Best Degrees (FBD) and are based on our  proprietary methodology . They do not represent the views of the institutions or organizations mentioned, nor do they represent any official government census or survey. Furthermore, any views or opinions expressed on this page are of FBD’s researchers and teams. Unless otherwise specified, they do not represent the thoughts and opinions of the individuals, institutions, or organizations mentioned. This page’s content is provided solely for informational purposes, with data drawn from various sources, including IPEDS. FBD and its employees make no guarantees regarding the accuracy or completeness of any information found on this page or by following any link. FBD will not be held liable for any errors or omissions in this material nor any losses, injuries, or damages resulting from the exposure or use of this information. Although the information on this page is/was correct at the time of publication, readers should exercise caution because some or all of the provided information may have changed over time, potentially resulting in inaccuracies. For more information, please read our  Terms of Service . Trademarks and logos are the property of their registered owners.

UCL School of Management

University college london, phd programme in financial economics.

Start date:  September 2024 Duration: 5 years (1 year MRes + 4 years PhD) Fees:  We offer fully-funded scholarships to all admitted students who have applied by the 31 January 2024 (see details below)  Application deadline:  31 January 2024, 17:00 UK time (late applications submited by the 05 April 2024 may still be considered, see details below) Entry:  Applicants must hold a distinction in a master’s degree in Economics or a closely related subject. Applicants must demonstrate a high level of analytical and quantitative skills (such as in mathematics and statistics), evidenced by strong performance in relevant modules taken on previous degree programmes and/or through relevant standardised test performance (such as GRE Quantitative of at least 160). International students, please note that UCL’s English language requirement for this programme is a ‘ Level 2 ’ (IELTS and TOEFL are the preferred test, however others on the UCL recognised test list will be accepted if required) - further details regarding this can be found on the  UCL English Language Requirements  page.

The MRes and PhD in Financial Economics is a joint programme between the UCL Department of Economics and the UCL School of Management.

The MRes programme is the first year of the five-year integrated MRes/PhD programme in Financial Economics. The MRes programme will provide you with training in research methods together with an advanced understanding of financial economics, to enable you to conduct insightful and original PhD level research in financial economics. 

The MRes will firstly provide quantitative training in microeconomics, macroeconomics, econometrics, and finance. These will be taught in the context of cutting-edge research and relevant applications. Secondly, it will provide you with analytic frameworks and transferable skills that will allow you to identify relevant and promising research topics, present ideas in order to obtain feedback, and provide feedback yourself. 

The subsequent years (for students who progress from the MRes to MPhil) will focus on the skills you will need to run research projects to completion and to present completed research projects to various kinds of specialised audiences. Likewise, teaching skills will also be developed.

online phd in economics and finance

PhD Structure

  • The MRes programme consists of taught modules (Microeconomics, Macroeconomics, Econometrics. Real Analysis and Probability with Economic Application), a hybrid module (Financial Economics) with taught components and research based components, and a research project in the final part of the year. For the MRes project, you work under supervision to design and carry out a substantial piece of original research. This enables you to gain a deep understanding of the entire research process.
  • Superior performance is required for automatic progression from MRes to MPhil. In particular, students should achieve an average mark of not less than 60% in the independent, original research components of the programme, and not less than 50% in the taught element.
  • Our highly selective and small-sized PhD programme ensures that each student receives personal attention and guidance from our faculty members throughout their doctoral study. The close mentorship process forms the foundations of a successful academic career. At the same time, you will be part of both the School of Management PhD cohort and the Economics PhD cohort, with which you will share most of the taught modules.
  • We expect our PhD graduates to have as their goal an academic career as a faculty member in a top business school or Economics department or in the research group of an international institution or a central bank.

Students take a total of 180 credits in the MRes year. This is made up of the MRes Research Project (MSIN0135) and 75 credits of compulsory taught modules. 

All modules in the MRes year are core modules, there are no optional modules. 

  • ECON0107 - Macroeconomics, 15 credits  
  • ECON0106 - Microeconomics, 15 credits  
  • ECON0108 - Econometrics, 15 credits  
  • ECON0118 - Real Analysis and Probability with Economic Applications, 15 credits
  • MSIN0234 - Topics in Financial Economics, 30 credits  
  • MSIN0135 - MRes Financial Economics Research Project, 105 credits  

The programme is delivered through a combination of lectures, seminars, and class discussion. Student performance is assessed through presentations, coursework, projects, and examinations. 

Students will study 4 compulsory taught modules. A typical taught module is taught over two terms (2 x 10 weeks) with 4 hours of contact hours per week (3 hours of lecture + 1 hour of review session). In addition, students spend approximately 6-8 hours a week for each module on assessment and independent study to further develop the skills and knowledge covered in lectures and seminars.  

Students will also undertake a substantial research project, which would usually start in Term 2 and be completed over the Summer. The total number of weekly hours will vary according to the weekly activities being undertaken.

Why choose us

What makes us different:.

Unlike many PhD Programmes in finance, our programme has a full anchor in economics and econometrics. Hence, we offer a unique world-class environment that combines the best of a leading business school, located in Canary Wharf, the heart of London’s modern financial district, and the tradition of economic research and teaching of the Department of Economics, which is located in Bloomsbury, London’s historical intellectual centre.

If you want to become an academic economist conducting research in finance, this programme is for you.  

UCL School of Management and the Department of Economics  

Founded in 2007, UCL School of Management has forged a reputation for world-leading research in management studies with 95% of the School’s research deemed to be world-leading or internationally excellent, the second highest percentage of any business school in the UK, according to the 2021 REF . The PhD programme is an integral part of our School’s active and ambitious research environment where students receive rigorous academic training and personalised research mentorship. 

The UCL Department of Economics has an outstanding international reputation in key areas of current research. The Department ranked top in the UK for research environment and outputs in the field of Economics and Econometrics in the 2021 REF . 

Our research programme offers a unique education and research experience with the intent of preparing you for scholarly careers at the highest level. Our highly selective and small-sized programme ensures that you receive personal attention and an opportunity for guidance from our world-leading scholars. The close mentorship process forms the foundations of a successful academic career. 

As a research student you will join a highly active research environment which involves frequent research seminars and visits by leading scholars worldwide, reading groups, brown bag seminars and panels in which PhD students and faculty members present and discuss their ongoing work. Such forums provide an excellent opportunity to receive critical constructive feedback on your research and to develop academic, generic and transferable skills.

Applications

Applying for our mres/phd programme.

Entry requirements and admissions criteria:

Applicants to the MRes+PhD programme must hold a distinction in a master’s degree in Economics or a closely related subject. Applicants must demonstrate a high level of analytical and quantitative skills (such as in mathematics and statistics), evidenced by strong performance in relevant modules taken on previous degree programmes and/or through relevant standardised test performance (such as GRE Quantitative of at least 160). Submitting a GRE test result is encouraged but not compulsory and is only one of the components used to assess the strength of applications. 

We only have a single intake in September. We accept applications throughout the year. Successful candidates who have submitted their MRes application by 31 January 2024 will receive a scholarship (full fee waiver plus a stipend). Successful candidates who have submitted their application after this date may receive a scholarship subject to availability, or will come with their own funding.

In your personal statement you are expected to suggest one or more faculty members as potential supervisors. On the application form you may see that it states that it is preferred that you contact potential supervisors beforehand. However, we strongly discourage applicants from contacting individual faculty members or potential supervisors when applying to our programme. All applications are first evaluated by a joint admissions committee, so contacting potential supervisors separately will not increase your chances.

We also require you to submit IELTS or TOEFL scores if English is not your first language. Our School requires a “Level 2” English language qualification which corresponds to:

IELTS: Overall grade of 7.0 with a minimum of 6.5 in each of the sub-tests.

TOEFL: Score of 96 overall, plus 24/30 in the reading and writing subtests and 22/30 in the listening and speaking subtests. 

Application Deadline

The application window closes 31 January 2024 (17:00 UK time) and a late submission window closes on 05 April 2024 (17:00 UK time). We advise those interested in the programme to apply before 31 January 2024, as those applying in the late submission window will only be considered if there are still places remaining.

Application Procedure

Apply via UCL Postgraduate Admissions System here . When starting the application, you must select the MRes Financial Economics option. In addition to filling out the online application form, please upload a copy of the following documents:

  • Official Transcripts of Grades / Course marks
  • A 1 page personal statement that clearly indicates: (i) your research interests and preliminary research ideas, (ii) potential faculty member(s) you may want to work with (this is a suggested list, you don’t need to contact potential supervisors beforehand), and (iii) your motivation to do a PhD.
  • Your  GRE  score report, if you took the test.
  • Your IELTS/TOEFL score report, if English is not your first language.

Funding/Scholarships

We offer fully funded five year scholarships to all admitted students who apply before the 31 January 2024. The scholarship is open to all nationalities. It covers all tuition fees, and includes an annual stipend of £25,000 which is tax-free. 

Successful candidates who have submitted their application after 31 January 2024 may receive a scholarship subject to availability or will come with their own funding.

Additional Costs

This programme does not have any compulsory additional costs outside of purchasing books or stationery, printing, thesis binding or photocopying.  Students may have the opportunity to participate in conferences in the UK and internationally. The UCL School of Management provides MRes/PhD students with an annual budget for conferences, which students will use to cover the travel, accommodation, food and other costs whilst at conferences, in line with UCL’s expenses policy. 

Further Information and Contact Details

The full-time MRes/PhD programme runs from September each academic year. Entrance is therefore every September. While we may accept applications until 05 April 2024 we encourage candidates to apply as early as possible. Our programme is very selective and we only admit a limited number of students, so applying before 31 January 2024 increases your chances.

How to Apply

For queries about the MRes/PhD Programme that are not addressed on our web pages, please contact [email protected] .

Video Library

Frequently Asked Questions about the UCL School of Management MRes/PhD Programme

Programme Information

Application process, admissions requirements.

Students are required to possess a “Level 2” English language qualification if it is not their first language. This means: TOEFL: Score of 96, plus 24/30 in the reading and writing, and 22/30 in the listening and speaking subtests. IELTS: Overall grade of 7.0 with a minimum of 6.5 in each of the subtests.

Further Information

If you have any other questions regarding the programme that are not addressed on our web pages please email the programme team ( [email protected] )

online phd in economics and finance

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Which program is right for you?

MIT Sloan Campus life

Through intellectual rigor and experiential learning, this full-time, two-year MBA program develops leaders who make a difference in the world.

A rigorous, hands-on program that prepares adaptive problem solvers for premier finance careers.

A 12-month program focused on applying the tools of modern data science, optimization and machine learning to solve real-world business problems.

Earn your MBA and SM in engineering with this transformative two-year program.

Combine an international MBA with a deep dive into management science. A special opportunity for partner and affiliate schools only.

A doctoral program that produces outstanding scholars who are leading in their fields of research.

Bring a business perspective to your technical and quantitative expertise with a bachelor’s degree in management, business analytics, or finance.

A joint program for mid-career professionals that integrates engineering and systems thinking. Earn your master’s degree in engineering and management.

An interdisciplinary program that combines engineering, management, and design, leading to a master’s degree in engineering and management.

Executive Programs

A full-time MBA program for mid-career leaders eager to dedicate one year of discovery for a lifetime of impact.

This 20-month MBA program equips experienced executives to enhance their impact on their organizations and the world.

Non-degree programs for senior executives and high-potential managers.

A non-degree, customizable program for mid-career professionals.

PhD Program

Program overview.

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Rigorous, discipline-based research is the hallmark of the MIT Sloan PhD Program. The program is committed to educating scholars who will lead in their fields of research—those with outstanding intellectual skills who will carry forward productive research on the complex organizational, financial, and technological issues that characterize an increasingly competitive and challenging business world.

Start here.

Learn more about the program, how to apply, and find answers to common questions.

Admissions Events

Check out our event schedule, and learn when you can chat with us in person or online.

Start Your Application

Visit this section to find important admissions deadlines, along with a link to our application.

Click here for answers to many of the most frequently asked questions.

PhD studies at MIT Sloan are intense and individual in nature, demanding a great deal of time, initiative, and discipline from every candidate. But the rewards of such rigor are tremendous:  MIT Sloan PhD graduates go on to teach and conduct research at the world's most prestigious universities.

PhD Program curriculum at MIT Sloan is organized under the following three academic areas: Behavior & Policy Sciences; Economics, Finance & Accounting; and Management Science. Our nine research groups correspond with one of the academic areas, as noted below.

MIT Sloan PhD Research Groups

Behavioral & policy sciences.

Economic Sociology

Institute for Work & Employment Research

Organization Studies

Technological Innovation, Entrepreneurship & Strategic Management

Economics, Finance & Accounting

Accounting  

Management Science

Information Technology

System Dynamics  

Those interested in a PhD in Operations Research should visit the Operations Research Center .  

PhD Students_Work and Organization Studies

PhD Program Structure

Additional information including coursework and thesis requirements.

MIT Sloan E2 building campus at night

MIT Sloan Predoctoral Opportunities

MIT Sloan is eager to provide a diverse group of talented students with early-career exposure to research techniques as well as support in considering research career paths.

A group of three women looking at a laptop in a classroom and a group of three students in the background

Rising Scholars Conference

The fourth annual Rising Scholars Conference on October 25 and 26 gathers diverse PhD students from across the country to present their research.

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The goal of the MIT Sloan PhD Program's admissions process is to select a small number of people who are most likely to successfully complete our rigorous and demanding program and then thrive in academic research careers. The admission selection process is highly competitive; we aim for a class size of nineteen students, admitted from a pool of hundreds of applicants.

What We Seek

  • Outstanding intellectual ability
  • Excellent academic records
  • Previous work in disciplines related to the intended area of concentration
  • Strong commitment to a career in research

MIT Sloan PhD Program Admissions Requirements Common Questions

Dates and Deadlines

Admissions for 2024 is closed. The next opportunity to apply will be for 2025 admission. The 2025 application will open in September 2024. 

More information on program requirements and application components

Students in good academic standing in our program receive a funding package that includes tuition, medical insurance, and a fellowship stipend and/or TA/RA salary. We also provide a new laptop computer and a conference travel/research budget.

Funding Information

Throughout the year, we organize events that give you a chance to learn more about the program and determine if a PhD in Management is right for you.

PhD Program Events

May phd program overview.

During this webinar, you will hear from the PhD Program team and have the chance to ask questions about the application and admissions process.

June PhD Program Overview

July phd program overview, august phd program overview.

Complete PhD Admissions Event Calendar

Unlike formulaic approaches to training scholars, the PhD Program at MIT Sloan allows students to choose their own adventure and develop a unique scholarly identity. This can be daunting, but students are given a wide range of support along the way - most notably having access to world class faculty and coursework both at MIT and in the broader academic community around Boston.

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Students Outside of E62

Profiles of our current students

MIT Sloan produces top-notch PhDs in management. Immersed in MIT Sloan's distinctive culture, upcoming graduates are poised to innovate in management research and education.

Academic Job Market

Doctoral candidates on the current academic market

Academic Placements

Graduates of the MIT Sloan PhD Program are researching and teaching at top schools around the world.

view recent placements 

MIT Sloan Experience

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The PhD Program is integral to the research of MIT Sloan's world-class faculty. With a reputation as risk-takers who are unafraid to embrace the unconventional, they are engaged in exciting disciplinary and interdisciplinary research that often includes PhD students as key team members.

Research centers across MIT Sloan and MIT provide a rich setting for collaboration and exploration. In addition to exposure to the faculty, PhD students also learn from one another in a creative, supportive research community.

Throughout MIT Sloan's history, our professors have devised theories and fields of study that have had a profound impact on management theory and practice.

From Douglas McGregor's Theory X/Theory Y distinction to Nobel-recognized breakthroughs in finance by Franco Modigliani and in option pricing by Robert Merton and Myron Scholes, MIT Sloan's faculty have been unmatched innovators.

This legacy of innovative thinking and dedication to research impacts every faculty member and filters down to the students who work beside them.

Faculty Links

  • Accounting Faculty
  • Economic Sociology Faculty
  • Finance Faculty
  • Information Technology Faculty
  • Institute for Work and Employment Research (IWER) Faculty
  • Marketing Faculty
  • Organization Studies Faculty
  • System Dynamics Faculty
  • Technological Innovation, Entrepreneurship, and Strategic Management (TIES) Faculty

Student Research

“MIT Sloan PhD training is a transformative experience. The heart of the process is the student’s transition from being a consumer of knowledge to being a producer of knowledge. This involves learning to ask precise, tractable questions and addressing them with creativity and rigor. Hard work is required, but the reward is the incomparable exhilaration one feels from having solved a puzzle that had bedeviled the sharpest minds in the world!” -Ezra Zuckerman Sivan Alvin J. Siteman (1948) Professor of Entrepreneurship

Sample Dissertation Abstracts - These sample Dissertation Abstracts provide examples of the work that our students have chosen to study while in the MIT Sloan PhD Program.

We believe that our doctoral program is the heart of MIT Sloan's research community and that it develops some of the best management researchers in the world. At our annual Doctoral Research Forum, we celebrate the great research that our doctoral students do, and the research community that supports that development process.

The videos of their presentations below showcase the work of our students and will give you insight into the topics they choose to research in the program.

How Should We Measure the Digital Economy?

2020 PhD Doctoral Research Forum Winner - Avinash Collis

Watch more MIT Sloan PhD Program  Doctoral Forum Videos

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The Ph.D. Program in the Department of Economics at Harvard is addressed to students of high promise who wish to prepare themselves in teaching and research in academia or for responsible positions in government, research organizations, or business enterprises. Students are expected to devote themselves full-time to their programs of study.

The program prepares students for productive and stimulating careers as economists. Courses and seminars offered by the department foster an intellectually active and stimulating environment. Each week, the department sponsors more than 15 different seminars on such topics as environmental economics, economic growth and development, monetary and fiscal policy, international economics, industrial organization, law and economics, behavioral economics, labor economics, and economic history. Top scholars from both domestic and international communities are often invited speakers at the seminars.  The Harvard community outside of the department functions as a strong and diverse resource. Students in the department are free to pursue research interests with scholars throughout the University. Faculty of the Harvard Law School, Kennedy School of Government, and Harvard Business School, for example, are available to students for consultation, instruction, and research guidance. As a member of the Harvard community, students in the department can register for courses in the various schools and have access to the enormous library resources available through the University. There are over 90 separate library units at Harvard, with the total collections of books and pamphlets numbering over 13 million.  Both the department and the wider University draw some of the brightest students from around the world, which makes for a student body that is culturally diverse and likely unequaled in the range of intellectual interests of its members. These factors combine to add an important dimension to the educational process. Students are able to learn from one another, collaborate on research projects and publications, and form bonds that are not broken by distance once the degree is completed and professional responsibilities lead them in different directions.

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phd in economics

The 6 Best Doctor of Economics (DEc) Schools: Salary and Info

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A Ph.D. in Economics allows students to examine the way economics affects global and local industries. Government economic analysts help politicians understand how regulatory boards and laws influence the national economy.

Economics is the study of the supply and demand of goods or services and how they are produced, distributed, and consumed. It tackles the “economic agents,” such as the buyers and sellers, as well as their interaction and behavior.

While an online Ph.D. in Economics degree is a challenging option, it leads to numerous professional career pathways. The rewards are immeasurable as it paves the way for several promising careers in the field. These opportunities allow for the all-important actual interaction and engagement with fellow students and professors.

A Doctor of Economics (DPhil, DEcon, or EconD) is a research-oriented degree program that prepares students for a career in economics research, policymaking, or teaching. It is the highest degree achievable in the field of economics.

Students who pursue a Doctor of Economics degree can specialize in a wide range of areas, including macroeconomics, econometrics, finance, public policy, and economic history.

With this degree, students gain a strong understanding of economic theory and its application to real-world problems. They also develop the necessary skills to conduct quality research and become proficient in quantitative methods.

Doctoral graduates may pursue a career in academia or join the private sector as economists, financial analysts, or policy analysts.

Today, several educational institutions offer a Ph.D. in Economics degree programs that, while obtainable online, may entail on-campus attendance as part of coursework requirements. Many universities have a residency requirement for the completion of the Ph.D. program. They require students to attend off-site seminars at different locations in the country.

DEc holders generally possess advanced knowledge of microeconomics that emphasizes the study of economic agents and macroeconomics that deals with the economic agents as a whole to form an economy.

______________________________

Best Doctor of Economics (DEc) Schools

Rice university.

Rice University

DOCTORATE IN ECONOMICS

School Highlights: The Rice University Doctorate in Economics covers all of the most pivotal areas of the discipline. In particular, it emphasizes the development, defense, and analysis of any model or theory that has a place in “intuitive plausibility.” Students are exposed to in-depth research projects early on in the degree through workshops, seminars, lectures, and projects.

The program also offers access to the Rice Initiative for the Study of Economics, a program that drastically increased the university’s standing as a leader in economic research.

For students with a passion for accounting, the Department of Economics and the Jones School of Business recently partnered to offer a concentration option in Finance! Graduates from Rice are sought-after talents for positions in:

  • research institutions,
  • universities,
  • private firms,
  • and government agencies all across the world.

Coursework Sample:

  • Economic Development
  • Financial Economics
  • Macroeconomics

Campus Location: Houston, TX

Accreditation:

  • Higher Learning Commission

LEARN MORE ABOUT RICE UNIVERSITY’S DOCTORATE IN ECONOMICS

Clemson university.

clemson university

PH.D. IN ECONOMICS

School Highlights: The Doctor of Philosophy in Economics at Clemson University is a highly professional program that emphasizes the application of circumstances “that lend themselves to logical analysis.” Its goal is to prepare graduates to take on educational and non-educational positions in national and international public and private sectors.

The curriculum gives students an excellent understanding of micro and macroeconomic theory, and students implement rigorous economic models in real-world simulations.

The Field Courses take students out of the classroom and into the community, where they put complex ideas into practical use. Clemson University truly creates experts in Economics through this unique Ph.D. program.

  • Advanced Managerial Economics
  • Economics of Wildlife Management and Policy
  • Empirical International Economics

Campus Location: Clemson, SC

LEARN MORE ABOUT CLEMSON UNIVERSITY’S PH.D. IN ECONOMICS

Liberty university.

liberty university

PH.D. IN PUBLIC POLICY – ECONOMIC POLICY

School Highlights: Liberty University is one of the most vastly successful and popular online schools in the nation. It offers a 100% online Doctor of Philosophy in Public Policy with a robust Economic Policy concentration.

The curriculum builds upon previous knowledge and expertise while enhancing policymaking skills for those working in:

  • nonprofits,
  • government agencies,
  • international organizations,
  • and consulting firms.

The coursework is delivered at an accelerated rate, and students complete classes throughout eight-week terms. Transfer students are free to utilize up to 50% of the total credits acquired at another institution, which drastically reduces their time at Liberty.

It is a 60-credit program that takes an average of three years to finish, and the affordable tuition rate has not increased in five years!

  • Foundations of Statesmanship and Public Policy
  • Foreign Policy, Globalization, and Statesmanship
  • Introduction to Economic Policy

Campus Location: Lynchburg, VA

LEARN MORE ABOUT LIBERTY UNIVERSITY’S PH.D. IN PUBLIC POLICY – ECONOMIC POLICY

University of arizona.

university of arizona

ECONOMICS PH.D. PROGRAM, VARIOUS CONCENTRATIONS

School Highlights: The University of Arizona has an exciting opportunity to earn a doctorate in economics that includes ten different concentration options in a wide variety of subjects. That fact alone sets this school far apart from others that offer students nowhere near the same amount of flexibility.

Each research specialization is instructed by top faculty members who have an enormous amount of experience in their areas of expertise. The first year of the program requires students to complete comprehensive coursework encompassing modern techniques and concepts of econometrics and theory.

It is during the second year when students begin their research projects, working side-by-side with professors. Students seeking a more niche area of study are encouraged to consider the Ph.D. in Agricultural and Resource Economics, which provides an avenue into the study of Wildlife Economics.

Concentration Options:

  • Behavioral Economics
  • Econometrics
  • Economic History
  • Environment and Energy Economics
  • Experimental Economics
  • Health Economics
  • Industrial Organization
  • labor Economics
  • Law and Economics
  • Microeconomic Theory

Campus Location: Tuscon, AZ

LEARN MORE ABOUT THE UNIVERSITY OF ARIZONA’S ECONOMICS PH.D. PROGRAM

American university.

AMERICAN UNIVERSITY

School Highlights: One of the most renowned educational institutions in the entire country, American University in Washington, D.C., supplies a distinctive Doctor of Philosophy program in Economics. The curriculum includes a focus on policy-relevant research and analysis, with numerous topics in micro/macroeconomics.

AU was the first school in the nation to offer a program that includes gender analysis in economics. The highly unique Info-Metrics Institute promotes information processing and dissemination and is available as an unmatched resource to all econ students.

Students can also take advantage of America’s study abroad partnership with EAFIT University in Medellin, Columbia, which offers an invaluable international experience. This state-of-the-art, forward-thinking curriculum puts graduates at the forefront of the industry.

  • Economic History Macroeconomic Aspects
  • Growing Artificial Societies
  • Gender Perspectives on Economic Analysis: Microeconomics

Campus Location: Washington, D.C.

  • Middle States Commission on Higher Education

LEARN MORE ABOUT AMERICAN UNIVERSITY’S PHD IN ECONOMICS

Massachusetts institute of technology..

Massachusetts Institute of Technology 1

School Highlights: The Massachusetts Institute of Technology is recognized as one of the most fabulous and well-respected higher education institutions worldwide. The economics doctorate requires students to choose and complete two of the eleven major field options by the end of the second year. (All of the available majors can be found below.)

Econ students must also complete two minor fields from the eleven choices. Such a thorough course structure provides a phenomenal approach to the economics discipline.

Graduates are extremely well-seasoned experts who have both the research and practical skills to make a positive difference in communities throughout this country and others. Students can rely on MIT throughout their academic and professional years as an incredibly worthy career resource and network.

  • Development
  • International
  • Organizational
  • Political Economy
  • Public Finance

Campus Location: Cambridge, MA

  • New England Association of Schools and Colleges

LEARN MORE ABOUT MIT’S PH.D. IN ECONOMICS

What are the duties of economists.

Economists study the behavior in the production, distribution, and consumption of goods, services, and resources by analyzing the data they collect.

They are the pioneers of evaluating economic issues and researching economic trends that affect consumer behavior. They have several duties that contribute to the welfare of the economy.

While economists prepare tables, charts, and reports that convey research results, they also analyze pieces of data using mathematical principles and statistics.

The majority of these economists work in the federal, local, and state governments. However, economists have numerous opportunities to work in different fields. They apply economic expertise to issues within the environment, development, health, and education sectors of society.

There are also economists who study the cost of products and services as well as examine exchange rates, employment levels, and business cycles. Also, they have a vital role in understanding and analyzing inflation, interest rates, and taxes.

Most of their work requires the use of spreadsheets, database management programs, and statistical data since they study historical trends and utilize them to make relevant forecasting.

Economists play an essential role in the federal government. They collect and analyze data about the economy such as wages, productivity, and employment to name a few. They help influence policymakers in making sound decisions that affect the economy through laws and regulatory procedures.

Additionally, some economists work for private companies and corporations. Their expertise will help these corporations understand how the trend of the economy will impact their business. They also help them through proposed solutions and strategies through the analysis of consumer data and sales that will maximize the company’s profits.

Economists also work for research institutions. Their forecasts and analyses are published in journals in the academic and private sectors.

Some people acquire a Ph.D. in Economics degree to become professors in schools or universities.

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How do I earn my Ph.D. in Economics degree?

The DEc degree program is designed to help students who have already built their careers in Economics to further pursue their expertise in the government sector, private, or academia. The Ph.D. program provides opportunities for students to develop research skills, economic theory, and an upper-level analysis

When pursuing a DEc, you must have a master’s degree in Economics or a related field in an accredited university or school. Ph.D. in Economics students are trained to be highly developed in mathematics, analytical, and critical thinking skills. Many programs require the submission of a Graduate Record Exam (GRE) test scores.

Coursework related to your Ph.D. program may include economics & public policy, policy analysis and statesmanship, quantitative methods I and II, foreign policy, microeconomics and macroeconomics, globalization & statesmanship, and competing visions of statesmanship as well as a dissertation.

Doctoral programs take three to five years to complete depending on the students’ pace of learning. The program may also require a written qualifying examination after the first two years of the program. The final two or three years of this degree program emphasize dissertation projects.

What sort of accreditation should I look for in a school?

economics

When you have finally decided to enroll in an Economics doctorate program, it is essential to consider which school or university to attend. One of the unwanted things you would want to happen is to waste time and money on a degree that employers won’t take seriously.

It is crucial that your chosen educational institution has accredited status from reputable accrediting agencies such as:

  • The Higher Learning Commission,
  • Western Association of Schools and Colleges,
  • Middle States Commission on Higher Education,
  • New England Association of Schools and Colleges,
  • and Northwest Commission on Colleges and Universities among others.

In addition to these accrediting agencies, it will be beneficial for students to look into programs that have received accreditation from the AACSB . They are an external accrediting agency that accredits degree programs in business-related fields, including accounting, economics, and finance.

With this being said, colleges and universities that are AACSB-accredited have met specific standards of quality in their business-related educational degree programs.

What type of degree do I need to pursue research or educate others in Economics?

economics

Economists generally work in an office environment independently. However, many economists work in educational institutions to teach students, administer the Economics department of the school, and provide academic student support services.

A Ph.D. in Economics will pave the way for your teaching career since most schools require a graduate degree in the teaching profession.

For the remainder of their workweek, they engage in research work and write journals or publications for academic use or reference.

economics

What schools offer Ph.D. in Economics?

Liberty University in Lynchburg, Virginia offers an entirely online Ph.D. in Public Policy with a concentration in Economics.

Other universities that offer a hybrid learning format include Clemson University in South Carolina, the University of Arizona in Tucson, Arizona, Rice University in Houston, Texas, American University in Washington, DC, and the Massachusetts Institute of Technology in Cambridge, Massachusetts.

No doubt, earning a graduate degree can be challenging. However, if you can manage to integrate an Economics doctorate program without compromising your personal and professional life, the benefits are rewarding. Explore the beautiful possibilities of the world of Economics and enroll in a Ph.D. program today.

How long would it take to get a Doctorate in Economics?

The amount of time needed to earn a doctorate in economics typically ranges from 4 to 7 years. It usually consists of 1–2 years of coursework, followed by a comprehensive oral examination or qualifying exam.

After that, you would research and write your doctoral thesis and defend it before a committee. The exact time frame could be dependent on your individual program requirements and breadth of study.

Additional Information:

  • The Best Online Doctoral Degrees in Business Administration (DBA)
  • The Best Online Doctoral Degrees in Finance
  • The Best Doctor of Statistics (Ph.D. Stat) Degree Programs: Salary and Information

Distance learning university Distance learning higher education Distance education university

Doctor - Finance & Economics

Distance degree programs for adults & professionals., bircham international university - adult degree programs online., doctor ph.d. degree - business & media, finance & economics via distance learning.

This Doctor Ph.D. Degree gives a thorough study of both finance and economics. Finance is a conceptual framework that unites corporate finance, investments, and financial institutions and shows how firms should be managed to increase wealth. On the other hand, economics integrates concepts and the application of the economic tools of analysis to a wide variety of situations. It covers economy since its earliest intellectual contributions to the evolution of contemporary economic philosophy. This program is designed from a decision-making perspective to deal with the practical and real-world financial-economical problems that confront executives daily.

Academic Supervisor : Dimitrios Nikolaou Koumparoulis More information about this academic supervisor at Bircham University Human Network. More info...

The Doctor Ph.D. Degree online via distance learning offers students the highest level of specialization a discipline can offer. More info...

* 45 to 72 academic credits above a Master's program. * Average Duration: 24 months. * Program Structure: 70% textbooks + 30% Thesis. * Admission is open for adults over 27 years of age. * Master's degree or international equivalent (5 years of study) is required for admission.

Fees include all: Program of study, textbooks, study guide, evaluation and assessment, diploma, and transcript. Cost per BIU earned postgraduate credit: 130 Euros (170 US$) Cost per transferred credit from previous education and/or professional experience if required: 20 Euros (25 US$)

45 ... 72 Academic credits Tuition Fee :Min. 5.850 Euros (7.650 US$) ... Max. 9.360 Euros (12.240 US$).

"An investment in education always pays the best interest." Benjamin Franklin.

Payment plans are available upon request up to 36 monthly installments. More info...

Faculty of Business & Media via distance learning

Faculty of Business & Media

  • Doctor Ph.D. Degree

45 ... 72 Academic credits required for this distance learning degree program.

Composition:.

+ 45 Academic credits - Finance & Economics Online + Other additional subjects + 18 Academic credits - Research methodology and final project or thesis.

+ 45 Academic credits: Finance & Economics Online

BIU Earned Credits Credits earned through the completion of academic work at Bircham International University (Reports, Projects and Thesis).

1 BIU Earned Credit = 1 USA Semester Credit (15 hours of learning) = 2 ECTS Credits (30 hours of study). Courses list (each subject accounts for 3 academic credits): You may study any subject as an independent online continuing education course. More info...

Postgraduate level continuing education course. Previous knowledge in this field of study is required.

601FIN - Finance & Economics 602FIN - Money & Banking 603FIN - Financial Science 604FIN - Economic Science 605FIN - Micro & Macro Economics 606FIN - Industrialized Countries Economy 607FIN - Financial Accounting & Analysis 608FIN - Financial Management 609FIN - Financial Markets & Institutions 610FIN - Economic Development 611FIN - Corporate Finance 612FIN - Capital Markets 613FIN - Creating & Managing Value 614FIN - Investment Strategies 615FIN - Economic Analysis More info...

Bibliography: Finance & Economics via distance learning The corresponding textbooks are included in the fees. Once the fee has been paid, the books may take between two to five weeks to reach your address. Bircham International University offices may inform you at any time of the status of your books. If the book is in English, the required report must be written in English unless you have requested to write it in other language and have gained Bircham International University authorization. More info... Click here to access the recommended bibliography.

+ Additional courses may be selected from other modules in the Faculty of Business & Media from Bircham International University if required. This selection must be approved by the Distance Learning University Education Board. For example: Economic Science .

Research work resources and network - Doctor - Finance & Economics:

ACEDE - Asociación Científica de Economía y Dirección de la Empresa AEA - American Economic Association AEEFI - Asociación Española de Economía y Finanzas Internacionales AEF - Association d'Économie Financière AEFIN - Asociación Española de Finanzas AFA - American Finance Association AFEA - African Finance and Economic Association ANEFAC - Associação Nacional dos Executivos de Finanças, Administração e Contabilidade APEG - Association Nationale des Professeurs d'Économie et de Gestion ASIBEAM - Asociación Iberoamericana de Economía, Administración y Marketing ATSCAF - Association Touristique Sportive et Culturelle des Administrations Financières BAFA - British Accounting and Finance Association EBEA - Economics & Business Education Association EEFA - European Economics and Finance Society EFA - Eastern Finance Association EFA - European Finance Association FCIB - Association of Executives in Finance, Credit and International Business FEDEA - Fundación de Estudios de Economía Aplicada FFCGT - Fédération des Finances CGT IBEFA - International Banking, Economics and Finance Association ICEA - International Consulting Economists Association IEA - International Economic Association IED - Institute of Economic Development IEFS - International Economics and Finance Society IIDF - Instituto Iberoamericano de Derecho y Finanzas NABE - National Association for Business Economics RES - Royal Economic Society SABE - Society for the Advancement of Behavioral Economics SBFin - Sociedade Brasileira de Finanças SCE - Society for Computational Economics More info...

Joining the proper association is the best way to become an updated professional. Bircham International University graduates may join many professional associations. Membership requirements for each association may vary depending on the degree program, specialization and graduate resume en each occasion. BIU can not guarantee membership in all instances. BIU does not intermediate in these procedures. Bircham International University provides a list of available memberships and professional references from each faculty where some BIU graduates may belong. Contact directly the ones you select. More info...

+ 18 Academic credits (Research methodology and final project or thesis. More info... ).

Admission requirements: Doctor - Finance & Economics

Bircham International University distance learning degree admission requirements differ depending upon the Faculty and the major of study. There is no discrimination with respect to race, color, sex, beliefs and/or religion. A minimum of 30% of the total number of credits required by any adult degree program syllabus has to be transferred from previous education and/or validated from professional experience in order to gain admission. A maximum of 20% of the total number of credits required by the distance learning degree program can be transferred from professional and life experience. More info...

Click to Download... Application for Admission

Learning outcomes: Doctor - Finance & Economics

The following learning outcomes are compatible with the European Qualifications Framework (EQF) for lifelong learning and continuing education. The EQF directives facilitate acceptance of this course credits by many higher education institution. These learning outcomes are achieved after completion of this course with a passing grade. Better grades will demonstrate higher analysis, evaluation and critical thinking skills. More info...

EQF LEVEL 6. Advanced knowledge and critical understanding. Outcome resulting from course content assessment and its applicability to problem solving. The student's ability to combine the different parts of the text and to form a new coherent and harmonic final report will determine the critical understanding of the subject and an advanced knowledge of Finance & Economics. The student written report style, content, and structure play an important role in the assessment and applicability of the knowledge about Finance & Economics to different Business & Media decision making scenarios and problem-solving. More info...

EQF LEVEL 7. Advanced knowledge and critical thinking. Outcome resulting from written critical thinking and its applicability to problem solving. The student will contrast and evaluate the learned material with his/her own knowledge and experience to express an opinion about Finance & Economics, to consider the practical application of the key concepts, and to argue the conclusions along the written report. Personal judgments and opinion should be based on sound criteria and must be clearly discussed. More info...

BIU adapts each Distance Learning Higher Education degree program to the needs of each student. More info...

Finance & Economics Online

Recognition - Distance degree programs - More info... Accreditation - Distance Learning University - More info... Degree Legalization - Graduate Services - More info... Acceptance of these Distance Learning Higher Education academic credits is always the prerogative of the receiving institution or employer. Recognition criteria differ depending on each educational institution, or company policy, or country legal framework.

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Berkeley BEGIN logo

New PhD course focuses on intersection of climate economics, sustainability

Rising to a critical need for more research and leadership in climate finance, Berkeley Haas has joined a group of top universities worldwide in offering an innovative online PhD course focused on the intersection of climate economics and sustainability.

Professors Adair Morse and Panos Patatoukas , co-faculty directors of the Sustainable & Impact Finance Initiative (SAIF) at Haas , have signed on to teach the online class called “Financial Economics of Climate and Sustainability.” 

Panos N. Patatoukas

Ten schools, including Stanford, Harvard, Yale, Columbia, and Oxford, are now offering the global doctoral course for free to their PhD students. Nearly 1,000 students from 127 schools across 30 different countries are participating in the 10-week course.

The goal is to inspire a new generation of climate leaders to embark on new research that leads to innovative ways of thinking about climate finance, Patatoukas said. “Our job as instructors will be to give them the tools and the frameworks and provide ways for them to start asking interesting questions,” he said. “Overall, it’s a really good time to more formally train our students in this space. It’s rapidly evolving, it’s messy, it’s not perfect, but that makes it interesting and exciting and an area of growth that is full of opportunities.”

Assoc. Prof. Adair Morse Deputy Assistant Secretary of Capital Access

The course will help create change in two areas. First, it encourages students to work outside of their academic silos and come together to share ideas. “Sometimes, in a business school, we’re thinking about these problems in isolation, but this is definitely a field where everybody has to work with each other to come up with better solutions,” Patatoukas said. Second, the course will encourage students to publish cutting-edge research. “We feel like our students will have an easier time getting published in an area that is so impactful and new where basic questions remain open,” he said. 

Each week, professors from different institutions will teach topics including climate, sustainability, and economic theory; corporate carbon disclosure; introduction to climate science; climate and asset pricing; and climate and investment management. All students enrolled in the course for credit will be required to submit an idea for a research project or a plan to review a set of sustainability papers from outside of the course by the last class.

“The timing is perfect for this course,” Patatoukas said. “Because as consensus has grown worldwide over the climate crisis, a transition to net zero isn’t happening fast enough.”

That’s where mobilizing massive amounts of capital to fight climate change comes into play.  An estimated $4 trillion to $5 trillion a year in resources will need to be financed and distributed to address climate global needs, said Terhilda Garrido , interim executive director of SAIF. “Only a fraction will be provided by governments,” she said. “This course addresses our need to mobilize innovative climate finance quickly, train leaders in finance, and learn from each other, globally. Climate is a global issue requiring global collaboration.”

The post New PhD course focuses on intersection of climate economics, sustainability appeared first on Haas News | Berkeley Haas .

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  1. Online PhDs in Economics: Convenient and Flexible Doctorates

    Below are two of the biggest conveniences of online doctorate in economics programs: 1. Individualized study pace. Doctorate degree programs typically consist of two stages: pre-candidacy and candidacy. The time it takes to complete both of these stages, particularly the candidacy state, varies from student to student.

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    This 100% online PhD in economics program allows you to learn from established leaders in economic policy-making. Courses: Economic policy studies, economics & public policy, policy analysis & research design. Credits: 60. Duration: 3 years. Tuition: $595 per hour.

  3. Best Online Ph.D. In Finance Programs Of 2024

    Though tuition rates vary widely among programs, total tuition for the best online Ph.D. in finance programs on our list averages around $45,000. To help fund your degree, you can apply for ...

  4. PhD in Finance and Economics

    The joint Wisconsin PhD Program in finance and economics trains researchers for tenure-track positions at the nexus of these two fields. Specializing in this area will provide you with the opportunity to expand your academic career path to both economics and finance departments at top universities. The program stresses high-quality research ...

  5. Best Online PhDs in Economics

    The most affordable online PhD in Economics is the PhD in Public Policy - Economic Policy offered by Liberty University. At $595 per credit, this 60-credit program costs a total of $35,700 in tuition. Compared to the most expensive program on our list, which costs approximately $52,000, you could save up to $16,300.

  6. Top 3 Best Online Economics PhD Degree Programs (Doctorates)

    For instance, Liberty University offers an online Doctor of Philosophy in Public Policy with a concentration in Economic Policy. Liberty University's PhD program is structured to build upon your existing knowledge of economics and provide a deeper look at how the discipline of economics relates to public policy.

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    Wharton offers a PhD program in Finance that covers theoretical and empirical tools of modern finance, drawing on economics. The program prepares students for research and teaching careers in finance, with a focus on Asset Pricing, Corporate Finance, International Finance, and Financial Institutions.

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    14. University of the Cumberlands. The PhD in Business program at the University of the Cumberlands takes business courses ranging from comparative economic and corporate finance to managerial ethics and responsibility. Students can choose one of their specialty areas like accounting, entrepreneurship, finance, etc.

  9. 2024 Best Online PhD in Finance Programs [Doctorate Guide]

    An online PhD in Finance offers the opportunity to study finance and economics at the highest level. You can learn how to use financial models and theories to develop a deeper understanding of economic systems and solve business problems. Finance PhD degrees also teach students to conduct quantitative research on financial networks and policies.

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    2. Accounting and Economics. Online Ph.D. learners obtain critical knowledge of the U.S. marketplace, global economics, and accounting processes that play a role in virtually every career focused on finance, from research and education positions to executive-level roles in businesses. 3.

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    The doctoral program in Business Economics, which includes Finance and Applied Economics tracks, provides scholars with rigorous training in economic theory and a particular focus on economic analysis as it applies to the business world. ... receiving the benefits of a PhD from Harvard's world-class Economics Department along with specialized ...

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    PhD candidates develop the analytical and technical background required for research, teaching, high-level policy making and consulting in international economics and finance. They pursue jobs in education as well as in the public and private sectors. See Details on Career Outcomes. Job Market Candidates.

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    Doctoral Program. The Ph.D. program is a full time program leading to a Doctoral Degree in Economics. Students specialize in various fields within Economics by enrolling in field courses and attending field specific lunches and seminars. Students gain economic breadth by taking additional distribution courses outside of their selected fields of ...

  17. Online PhD Economics Programs for 2024

    To be admitted to an online PhD in economics programs, applicants must have a master's degree from a regionally accredited institution or a foreign university that meets both the bachelor's and master's degree requirements. Furthermore, a Grade Point Average (GPA) of at least 3.0 on a 4.0 scale is usually required.

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    Why choose us What makes us different: Unlike many PhD Programmes in finance, our programme has a full anchor in economics and econometrics. Hence, we offer a unique world-class environment that combines the best of a leading business school, located in Canary Wharf, the heart of London's modern financial district, and the tradition of economic research and teaching of the Department of ...

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    But the rewards of such rigor are tremendous: MIT Sloan PhD graduates go on to teach and conduct research at the world's most prestigious universities. PhD Program curriculum at MIT Sloan is organized under the following three academic areas: Behavior & Policy Sciences; Economics, Finance & Accounting; and Management Science.

  20. The 3 Best Online Doctorates in Economics in 2021

    Accreditation: Atlantic International University is accredited by the Accreditation Service for International Schools, Colleges & Universities, ASIC House 13 Yarm Road, Stockton-on-Tees TS18 3NJ, [email protected], +44 (0)1740 617 920. Course Sample: Economics of Growth and Development. Public Economics.

  21. Best Online Ph.D. In Management Of 2024

    Per-credit tuition rates for the 10 qualifying Ph.D. programs in our guide range from. $450 to $1,575. Over the course of a typical 60-credit Ph.D. program, this translates to between $27,000 and ...

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    The Ph.D. Program in the Department of Economics at Harvard is addressed to students of high promise who wish to prepare themselves in teaching and research in academia or for responsible positions in government, research organizations, or business enterprises. Students are expected to devote themselves full-time to their programs of study.

  23. The 6 Best Doctor of Economics (DEc) Schools: Salary and Info

    PH.D. IN ECONOMICS. School Highlights: The Doctor of Philosophy in Economics at Clemson University is a highly professional program that emphasizes the application of circumstances "that lend themselves to logical analysis." Its goal is to prepare graduates to take on educational and non-educational positions in national and international public and private sectors.

  24. Doctor Ph.D. Degree Finance & Economics

    Finance & Economics via distance learning. This Doctor Ph.D. Degree gives a thorough study of both finance and economics. Finance is a conceptual framework that unites corporate finance, investments, and financial institutions and shows how firms should be managed to increase wealth. On the other hand, economics integrates concepts and the ...

  25. New PhD course focuses on intersection of climate economics

    Rising to a critical need for more research and leadership in climate finance, Berkeley Haas has joined a group of top universities worldwide in offering an innovative online PhD course focused on the intersection of climate economics and sustainability. Professors Adair Morse and Panos Patatoukas, co-faculty directors of the Sustainable ...

  26. Master of Science in Economics : The University of Akron, Ohio

    In this new federal STEM designated degree, you will gain hands-on experience conducting original research in a career-focused program in applied economics and economic data analytics. This program can be completed in an easy one-year cohort-based format (fall, spring and summer semester). "This state-of-the-art graduate program is designed ...