The Finance track in the Business Administration PhD program prepares students for careers in higher education and management within profit and nonprofit industries.
|The Finance track of the Business Administration PhD program requires 84 credit hours beyond the bachelor's degree. Students must meet prerequisite requirements of 30 credit hours, and then complete 18 credit hours of finance core courses, 6 credit hours of a minor/support area, 12 credit hours of research methods/tools courses, 3 credit hours of electives, and 15 credit hours of dissertation.|
|Total Credit Hours Required:|
Credit Hours Minimum beyond the Bachelor's Degree|
for all students are indicated with an asterisk in the lists below. Specific
courses from the foundation body of knowledge category are determined based on
a student’s background in consultation with the doctoral program coordinator.
Required course work prior to beginning study includes successful completion
of at least a two-course sequence of 6 credit hours of calculus and previous
course work in economics, finance and statistics. The program requires 27
hours of formal course work, exclusive of independent study, as well as 15
credit hours of dissertation research.
of Knowledge—30 Credit Hours
In the Finance track of the Business
Administration PhD program, the foundation body of knowledge includes (a) the
finance, accounting, statistics and economics common body of knowledge in a
MBA degree or its equivalent and (b) graduate courses in financial management,
investments, financial institutions and international finance. Alternatively,
this requirement may be satisfied by courses deemed essential by the Finance
track program coordinator in consultation with the PhD committee.
Required Courses—39 Credit Hours
Finance Core—18 Credit
- FIN 7935 Finance Research Forum (up to 6 credit
- FIN 7808 Introduction to the Theory of Finance (3 credit
- FIN 7807 Corporate Finance Theory (3 credit hours)
- FIN 7816 Investment Theory (3 credit hours)
- FIN 7930 Seminar in Market Microstructure (3 credit hours)
- FIN 7811 Seminar in Financial Markets
and Institutions (3 credit hours)
- Other courses as deemed acceptable
by the doctoral program coordinator.
Minor/Support Area—6 Credit
- ECO 6118 Microeconomic Theory I (3 credit
- ECO 7116 Microeconomic Theory II (3 credit hours)
Research Methods/Tools—12 Credit Hours
- ECO 6403 Mathematical Economics (3 credit hours)
- ECO 6424 Econometrics I (3
- ECO 7426 Econometrics II (3 credit hours)
- ECO 6404 Games and Economic Behavior (3 credit hours)
- ECO 6453 Experimental Economics (3 credit hours)
- ECO 7117 Advanced Topics in
Economic Theory (3 credit hours)
- ECO 7428 Time Series (3 credit
- ACG 7157 Seminar in Archival Research in Accounting (3 credit
- Other courses as deemed acceptable by the doctoral program
Elective—3 Credit Hours
- Elective course
approved by the doctoral program coordinator (3 credit hours)
Dissertation—15 Credit Hours
- FIN 7980 Dissertation (15 credit
Admissions to Candidacy
complete a comprehensive candidacy examination that includes written and oral
Students must defend a written dissertation proposal in an
oral examination conducted by the student’s advisory/dissertation committee.
Students officially enter candidacy when the following have been
- Completion of all course work, except for
- Successful completion of the comprehensive
- Successful defense of the written
- The dissertation advisory committee is formed,
consisting of approved graduate faculty and graduate faculty scholars.
- Submittal of an approved program of study.
The final defense
of the dissertation will also require an oral examination.
The requirements for the teaching component of the degree
will be developed with the doctoral graduate program director based on the
student’s experience. Normally, this requirement will be satisfied through
teaching a minimum of three credit hours of class instruction under the direct
supervision of a faculty member. As appropriate, students will also be
required to attend teaching development workshops and seminars.
Independent LearningThe dissertation serves as the independent learning experience.
For information on general UCF graduate admissions requirements that apply to all prospective students, please visit the Admissions section of the Graduate Catalog. Applicants must apply online. All requested materials must be submitted by the established deadline.
In addition to the general UCF
graduate application requirements, applicants to this program must
- One official transcript (in a sealed envelope)
from each college/university attended.
- Official, competitive GRE or
GMAT score taken within the last five years.
- Three letters of
- Goal statement.
Previous publications and/or other relevant supporting documentation.
- A computer-based score of 233 (or 91 internet-based score) on the Test of
English as a Foreign language (TOEFL) if an applicant is from a country where
English is not the official language, or if an applicant's degree is not from
an accredited U.S. institution, or if an applicant did not earn a degree in a
country where English is the only official language or a university where
English is the only official language of instruction. Although we prefer the
TOEFL, we will accept IELTS scores of 7.0.
Admission decisions are
made based on faculty recommendations from the appropriate department or
school. Admissions will generally be made only for fall semester, every other
year. All interested students should contact the program director for their
track for information about applying to this program. The college strongly
encourages applications from minority and diverse populations. Race, national
origin, and gender are not used in the evaluation of students for admission
into graduate and professional programs.
||Jan 15||Apr 15|
||Jan 15||Jan 15|
International Transfer Applicants
||Jan 15||Mar 1|
*Applicants who plan to enroll full time in a degree program and who wish to be considered for university fellowships or assistantships should apply by the Fall Priority date.
Graduate students may receive financial assistance through fellowships, assistantships, tuition support, or loans. For more information, see the College of Graduate Studies Funding website
, which describes the types of financial assistance available at UCF and provides general guidance in planning your graduate finances. The Financial Information
section of the Graduate Catalog is another key resource.
Fellowships are awarded based on academic merit to highly qualified students. They are paid to students through the Office of Student Financial Assistance, based on instructions provided by the College of Graduate Studies. Fellowships are given to support a student’s graduate study and do not have a work obligation. For more information, see UCF Graduate Fellowships, which includes descriptions of university fellowships and what you should do to be considered for a fellowship.