Oklahoma Finance PhD: A Deep Dive
Pursuing a PhD in Finance at the University of Oklahoma (OU) offers a rigorous and rewarding path for aspiring academics and researchers. The program, housed within the Michael F. Price College of Business, is designed to equip students with the theoretical foundations, methodological skills, and research acumen necessary to make significant contributions to the field.
Curriculum and Structure: The program typically spans four to five years. The initial phase focuses on building a strong foundation in core finance areas, including asset pricing, corporate finance, and financial econometrics. Students delve into advanced economic theory, stochastic calculus, and quantitative methods. Coursework is demanding and requires a significant commitment to learning and critical thinking. A qualifying examination after the first year assesses a student’s readiness for advanced research.
Research Opportunities: OU’s Finance PhD program strongly emphasizes original research. Students are encouraged to collaborate with faculty members on research projects from the outset, providing valuable hands-on experience. The program fosters a collaborative environment where students receive mentorship and guidance from experienced researchers. Specific research areas of focus within the faculty often include behavioral finance, market microstructure, corporate governance, and real estate finance.
Faculty: The faculty at OU boasts expertise across a wide range of finance specializations. They are actively engaged in publishing in top-tier academic journals and presenting their research at leading conferences. The program’s relatively small size allows for close interaction between students and faculty, fostering a supportive and intellectually stimulating learning environment. Faculty are dedicated to helping students develop their research skills and pursue their individual research interests.
Resources and Support: The Price College of Business provides ample resources to support doctoral students. These resources often include access to extensive databases, computing facilities, and financial support in the form of stipends and tuition waivers. Students are also encouraged to attend and present at national and international conferences, further enhancing their research profiles and networking opportunities.
Placement: Graduates of the OU Finance PhD program have successfully secured positions at various academic institutions, ranging from research-oriented universities to teaching-focused colleges. The program’s strong emphasis on research and its faculty’s commitment to mentoring contribute to its graduates’ success in the academic job market. The university also provides career services to assist students with job placement, including workshops on resume writing and interview skills.
Application: Prospective students should have a strong academic background, preferably with a master’s degree in a related field such as economics, finance, mathematics, or statistics. A high GPA, strong GRE scores, and a compelling statement of purpose are essential components of a successful application. Prior research experience is highly valued.