Key facts
Within the Finance programme at Durham University, you will spend three years of supervised research (full-time), followed by one additional writing-up year, if needed. You will receive close guidance and mentorship from a team of supervisors who are experts in their field. You will be an integral part of the Department’s research activities, including attending our weekly departmental seminars that attract internationally renowned speakers. We also encourage and support you to present your PhD research at national and international conferences, and submit for journal publications.
Programme Structure
Research topics include:
- asset pricing
- banking
- corporate finance and governance
- green finance
- household finance
- Islamic finance
- financial econometrics
- financial technologies and financial engineering
- and market microstructure
Admission requirements
Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
- TOEFL iBT: 90
- PTE Academic: 70
- IELTS: 7
Other requirements
General requirements
- A degree that is equivalent to a UK Masters. You also need to have completed and passed (at a level equivalent to at least 65%) a dissertation module.
Fees and funding
Tuition Fees
Tuition fees are shown in AUD and the most likely applicable fee is shown based on your nationality.
- International (Applies to you — Non-residents): 54,947 AUD / year ≈ 28,950 GBP / year
- Domestic (Applies to you — Citizens or residents): 54,947 AUD / year ≈ 28,950 GBP / year
Living costs
Durham, United Kingdom: 1,253-2,164 AUD / month. The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
Scholarships: Below you will find PhD's scholarship opportunities for Finance.
Available Scholarships
- Chinese Scholarships Council — Grant, Various benefits, Deadline 16 Jan 2027 (Durham University)
- Khodorkovsky Scholarships — Grant, 21805 GBP, Deadline 31 Mar 2027 (Durham University)
- Inspiring Excellence Postgraduate Scholarship — Grant, 10000 GBP, Deadline 29 May 2027 (Durham University)
- Alumni Fee Scholarship — Grant, Various benefits, Deadline Not specified (Durham University)
- Fulbright U.S. Student Program — Grant, Various benefits, Deadline 07 Oct 2026 (U.S. government)
- ServiceScape Scholarship — Grant, 1000 USD, Deadline 30 Nov 2026 (ServiceScape)
- ACES Scholarships — Grant, 3500 USD, Deadline 15 Nov 2026 (ACES Education Fund)
- Erasmus+ - Grants for study mobility — Grant, Various benefits, Deadline Not specified (OeAD, Austria's Agency for Education and Internationalisation)
- Scholarships for PhD Students — Grant, 19000 GBP, Deadline Not specified (Junhua Li)
- Boustany Astronomy PhD Scholarship — Grant, Various benefits, Deadline 28 Feb 2027 (Boustany Foundation)
- Amberscholar Scholarship — Grant, 6000 USD, Deadline 31 Jan 2027 (Amber Scholar)
- $1,500 Annual Video Contest Scholarship — Grant, 1000 USD, Deadline 31 Oct 2026 (IvyPanda)
- Voice Talent Online Scholarship — Grant, 1000 USD, Deadline 01 Mar 2027 (Voice Talent Online)
- Dream Chaser Scholarship — Grant, 1000 USD, Deadline 13 Jan 2027 (Salvado Law)
- Scholarship for students with disabilities — Grant, 3000 USD, Deadline 31 Dec 2026 (Anonymous Hope Fund)
- Commonwealth Shared Scholarship – University Bids — Grant, 22500 GBP, Deadline Not specified (UK Foreign, Commonwealth and Development Office (FCDO))
- CIAPS Commonwealth Scholarships for Postgraduate Professional Studies — Grant, 1000 USD, Deadline Not specified (CIAPS)
- The Annual IELTS from 6 to 9 Scholarship — Grant, 1500 USD, Deadline Not specified (IELTS from 6 to 9)
- Tobacco Harm Reduction Scholarship Programme — Grant, 12000 USD, Deadline 11 Jan 2027 (The Tobacco Harm Reduction Scholarship Programme)
