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PhD Program in Finance
In order to receive an SSE PhD degree in Finance, you must earn 240 ECTS. These credits consist of a coursework component (105 ECTS) and a dissertation component (135 ECTS).
The coursework component consists of eight first-year compulsory courses (60 ECTS) integrated in the Stockholm Doctoral Course Program in Economics, Econometrics and Finance (SDPE), three second-year compulsory finance courses (22.5 ECTS), and elective courses (22.5 ECTS), where you can take more core finance courses, shorter mini courses on specialized areas in finance, or topic courses in economics. Alternatively, students can fulfill the course requirement (ECTS 105) by taking topic courses in economics, which are frequently arranged in sequences.
Courses given by the SSE Finance Department
The outstanding faculty members of the school create a stimulating academic environment and offer excellent advisory guidance
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What is the attraction of doing research?
To me the attraction of doing research is that it allows one not only to be curious about a wide range of questions but provides a possibility of answering them with the meticulous and precise language of rigorous theory and elegant techniques.
Choosing the PhD path gives the opportunity to deepen the knowledge and at the same time specialize in something that one finds fascinating, challenging and important.
Why choose SSE if you want to become a researcher?
SSE, as a top business school in Europe, provides excellent opportunities for research and studies. The outstanding faculty members of the school create a stimulating academic environment and offer excellent advisory guidance. Moreover, SSE has extremely good connections with other top business schools worldwide, as well as with the financial industry and policy makers.
What is the best thing about SSE if you are a PhD student?
SSE offers a wide menu of workshops, seminars and conferences for both academics and practitioners. For a young researcher these are invaluable sources of thought-provoking criticism and commentary that sharpen the focus on up-to-date questions relevant to practitioners and policymakers.
What characterizes the PhD education at SSE?
A great aspect of the PhD education at SSE is that the close ties of SSE top-tier researchers all over the world provides great possibilities for international collaborations, exchanges and networking. Excellent research funding allows PhD students to attend courses and present their own research at the international stage.
Teaching experience and seminars are integral parts of the PhD program in Finance. From the second year you are strongly encouraged to do some teaching in addition to research assistance and to participate in finance seminars and workshops. Also in your second year, you need to find a research subject and a suitable supervisor for your dissertation.
Seminars constitute an important part of the PhD program. The seminars provide students with insights into current research and give students and faculty opportunities to present and discuss ongoing research. From the second year students are obliged to regularly participate in the Friday Seminars and the Thursday Workshops. In addition, there are further seminars/workshops at SSE that may be of interest, notably the Economics Lunch Seminar, the Economics Seminar, or the SITE Brown Bag Seminar.
During the second year the student should find a subject field for the thesis and seek out a thesis advisor. While most of the work on the thesis is expected to be carried out in years 3-5, it is important to start working on the thesis as soon as possible during the second year.
A thesis typically consists of several essays in one or several fields of financial economics. Essays may be single-authored or co-authored with fellow students or faculty. A benchmark is that the number of essays should be equivalent to three single-authored essays. The essays are expected to be well suited for publication in international scientific journals - the main channel for communicating research results.
Research and conference travels are encouraged, and travel stipends for mini courses and PhD workshops are often available through the Swedish House of Finance (SHoF).
Thesis work in progress is presented and discussed at the internal lunch workshops. The completed PhD thesis is made available to the interested public, and the student defends her/his thesis in an oral examination with an external discussant appointed by the faculty. After the seminar, the thesis committee consisting of three professors decides whether the thesis passes.