PhD Program in Finance

Most courses are offered within the Stockholm Doctoral Course Program in Economics, Econometrics and Finance (SDPE), which is organized by SSE jointly with Stockholm University. In addition, the Swedish House of Finance offers specialized courses in machine learning, digital currencies or continuous-time finance. To ensure the success of our students on the job market, our program offers customized presentation workshops by an external presentation coach and faculty mentors for all students from day 1.

A dissertation from our program typically consists of several essays in one or several fields of financial economics, which are expected to be suitable for publication in international scientific journals – the main channel for communicating research results.

Our research expertise

• Sustainable Finance
• Banking and Financial Intermediation
• Household Finance
• Private Equity and Venture Capital
• Empirical Asset Pricing and Machine Learning
• Financial Econometrics
• International Finance
• Contract Theory

Accreditation

EQUIS

Programme Structure

Coursework

SDPE mandatory courses (60 ECTS):

• Microeconomics I
• Microeconomics II
• Mathematics I
• Mathematics II
• Econometrics I
• Econometrics II
• Macroeconomics I
• Macroeconomics II

Mandatory Finance courses (45 ECTS):

• Theoretical Corporate Finance
• Theoretical Asset Pricing
• Empirical Asset Pricing
• Empirical Corporate Finance
• Household Finance
• Continuous-Time Finance

Thesis

Thesis work (135 ECTS)

Admission requirements

Academic requirements

GRE — The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. It contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments. Required

GMAT — The Graduate Management Admission Test (GMAT) is a test intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA. GMAT contains 4 sections - Analytical Writing Assessment, Integrated Reasoning, Quantitative and Verbal. The score has a range from 200 - 800. Required

English requirements

We are not aware of any English requirements for this programme.

Other requirements

General requirements

• A university level degree and one year of Master level studies or the equivalent.
• At least three semesters of economics or finance courses (90 ECTS) including a thesis worth at least 15 ECTS
• GRE test
• Proof of proficiency in English
• Motivation & supporting attachments

Fees and funding

Tuition Fees

Tuition fees are shown in AUD and the most likely applicable fee is shown based on your nationality.

International — Non-residents: Free

EU/EEA — EU/EEA Nationals: Free

All admitted students receive a scholarship from the SSE, and are guaranteed funding throughout the PhD program.

Living costs

Stockholm, Sweden: 1,384-2,469 AUD / month. The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

All admitted PhD students receive a scholarship from the SSE, and are guaranteed funding throughout the PhD program, conditional upon satisfactory performance as determined by the faculty. The current scholarship amount is SEK 26 000 per month.