Overview
Develop a deep understanding of the statistical tools and methods used in theoretical modeling and empirical testing on the Finance program from the University at Buffalo. Examine issues in finance research using economics, mathematics, decision theory and statistics.
World-Class Research
Work with faculty who are ranked among the most productive researchers by the Academy of Management Journal, as well as by top scholarly journals within their discipline. Our faculty:
- Are globally connected and have active research programs throughout Europe, Asia and North America
- Are regularly cited in such international media outlets as the Associated Press, Wall Street Journal, Forbes, Washington Post, NPR, Bloomberg Business, Al Jazeera and Nasdaq
- Collaborate with regional, national and international business leaders
Programme Structure
Courses include:
- Macroeconomic Theory
- Mathematics for Economists
- Econometric Theory
- Microeconomic Theory
- Theory of Finance Seminar
Admission Requirements
Academic requirements
- GPA: 3
- GRE®: Required
- GMAT: Required
English requirements
- Duolingo English Test: 120
- TOEFL® IBT: 79
- PTE Academic: 55
- IELTS: 6.5
Other requirements
General requirements
To be eligible for graduate study at UB, we expect:
- A bachelor's degree, or the equivalent, from an accredited/government recognized college or university. Most such degrees will be four or more years in length; UB recognizes some three-year degrees, but not all.
- A B-grade (GPA of 3.0) or higher from your bachelor's degree (or equivalent) courses. Grade point averages from non-U.S. universities will be evaluated by UB's Office of International Admissions.
- Appropriate standardized test scores (GRE, GMAT, LSAT, etc.).
- Letters of recommendation.
Tuition Fees
Tuition fees are shown in AUD and the most likely applicable fee is shown based on your nationality.
- International (Non-residents): 36,312 AUD / year (≈ 25,740 USD / year)
- Out-of-State: 36,312 AUD / year (≈ 25,740 USD / year)
- Domestic (In-State): 15,955 AUD / year (≈ 11,310 USD / year)
Living costs
Fairfax, United States
1,876–3,245 AUD / month. The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
Scholarships are available for PhD scholarship opportunities in Finance.

