Vienna Graduate School of Finance (VGSF)
PhD Scholarships in Finance

The Vienna Graduate School of Finance (VGSF) invites excellent
students to apply for the PhD Program in Finance (full-time program)
starting in the coming academic year. Up to six scholarships will be
offered to the best applicants. The application period for the
academic year 2017/2018 will be opened on November 3, 2016 (2:00 pm
CET) and will end on January 29, 2017 (2:00 pm CET).

The VGSF is a center of excellence in finance, located at the new WU
campus in Vienna, Austria. Its main activities are academic research
and PhD education. The VGSF offers a stimulating learning and research
environment to outstanding students from around the world.

PROGRAM QUALIFICATIONS: The program is open for students from all
countries with all academic specializations, provided they hold a
Master degree or equivalent and have sufficient level of formal
training. Students who are going to graduate soon (by June 2017) may
apply, too. To participate in the selection process a candidate's
application must be received through the electronic application
facilities.

SELECTION PROCESS: Applicants to the VGSF program should be aware that
there are two rounds of evaluations. The first evaluation will take
place afterDecember 12, 2016 (2:00 pm CET), and will consider all
complete applications which have been submitted by that date. A first
round of offers will be made based on that pool of applicants. If not
all available positions can be filled on the basis of that first
round, applications received after December 12 (2:00 pm) will also be
evaluated. Note that the second and final phase for 2017/2018 runs
until January 29, 2017 (2:00 pm CET).

APPLICATION PROCEDURE: Applicants must provide the following documents:
- curriculum vitae
- self-statement of purpose
- all degree certificates
- all official transcripts
- proof of aptitude (GRE or GMAT)
- proof of English competence (e.g. TOEFL, IELTS)
- reference letters

VGSF graduates can look forward to a rewarding career at leading
academic institutions. Former VGSF students have been placed at
institutions like Aarhus University, Carnegie Mellon University,
Georgia Institute of Technology, University of Hong Kong,
Massachusetts Institute of Technology (MIT), the University of New
South Wales (UNSW), the Norwegian School of Economics and Business
Administration (NHH), Erasmus University Rotterdam, the University of
Utah and the University of Wisconsin, USA.

PROGRAM DETAILS: The VGSF PhD program consists of two parts: rigorous
coursework and work on the PhD thesis. The students attend courses
covering all major topics in finance and analytical methods required
for doing research. In particular, the courses focus on Corporate
Finance, Asset Pricing and Quantitative Methods in Finance. In the
past academic years students had the chance to attend courses taught
by international scholars such as Tomas Bjork, Rudiger Fahlenbrach,
Nicolae Garleanu, Francisco Gomes, Christopher Hennessy, David Lando,
Jacob Sagi, Rossen Valkanov, Jiang Wang and Toni Whited. After passing
the required exams, students start to conduct research projects on
their own. In our weekly research seminar students have the
opportunity to meet internationally renowned scholars presenting their
state-of-the art research.

FURTHER INFORMATION: Please visit http://www.vgsf.ac.at/application
for more details and the link to the online application.

Josef Zechner,
Director of the PhD Program