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Doctor of Philosophy in Financial Economics

PURPOSE

The Ph.D. program in Financial Economics is designed to develop scholars and researchers capable of advancing knowledge in the field of financial economics. The program aims to equip students with a deep understanding of financial theories, empirical methods, and advanced analytical tools, all within the financial framework. Graduates will be prepared for careers in academia, research institutions, and high-level policy-making positions, where they can apply their expertise to influence financial practices in ways that reflect integrity, stewardship, and ethical responsibility as taught in the Biblical principles.

OBJECTIVES

Upon completing this degree, students will be able to:

• Develop advanced knowledge and understanding of the core principles and advanced concepts in financial economics, including financial theory, investment analysis, international finance, and financial markets.
• Foster a global perspective on financial economics, recognizing the interconnectedness of global financial markets and the importance of international financial policies and practices.
• Specialized Expertise: Offer specialized training in various emphasis areas such as financial economics, investment and financial management, corporate finance and investment, and finance and accounting. Students are encouraged to tailor their studies to their research interests and career goals, while also considering how their work can serve broader societal needs in line with biblical teachings on service and stewardship.
• Have a strong sense of ethical responsibility and professional standards and apply biblical principles such as honesty, fairness, and respect for others in their professional conduct.

ADMISSION REQUIREMENTS

• Application form for admission
• $100.00 non-refundable application fee
• A brief autobiographical statement
• Applicant Qualifications :
  1) Master's degree holder (Every major)
  2) To enter the Ph.D. program in Finance, students must have majored in Finance in their master program. If they did not major in Finance, they must take 12~24 additional credits as prerequisite courses.
  3) The completed course with grade C+ below would not be counted as credit hours.
  4) GPA should be above 3.5
• Admission Procedures :
  Admission procedures consist of application screening, entrance exam, and interview.
  1) Applicants should pass application screening before taking entrance tests. Application includes applicant's essay, recommendation letters, and transcripts.
  2) The test areas are essay and English (reading).
  3) Program faculities will interview applicants who take tests.
  4) Application screening, written essay test, English test and interview respectively take up 100 points (Total 400 points). Admission would be given to the applicants who scored 320 points above.
  5) Faculty committee will make all admission decisions.
• Two recent photographs (for student ID)

GRADUATION REQUIREMENTS

• The Doctoral Program is designed to be completed within five academic years. A maximum of seven years may be granted upon appeal to the Academic Dean.
• The student must successfully complete a prescribed course of study with a minimum of 3.00 (B) grade point average on a 4.00 scale.
• The awarding of a “C” in a doctoral course constitutes a failure (unsuccessful completion of the course).
• The student must pass a qualifying examination.
• The student must successfully complete a dissertation and pass the oral defense.
• Prior to graduation the student must meet all financial obligations to the institution.
• All candidates for graduation must complete a non-credit course, GE 500 Worldview. It will be waived for the students who have taken any biblical courses.

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