Wayne State University, Mike Ilitch School of Business
Ph.D. Program in Finance

The Department of Finance at Wayne State University School of Business Administration is inviting applications for admission into the finance doctoral program for the cohort starting in fall 2017.

PROGRAM DESCRIPTION: The Wayne State University finance Ph.D. track prepares students to become faculty members at major research universities. The curriculum focuses heavily on corporate finance and asset pricing with a special emphasis on empirical research in these areas. The finance doctoral program provides full funding. Enrolled candidates receive tuition remission plus a stipend of $18,000 per year. A heath care plan and other benefits are also offered. The total package for doctoral students amounts to approximately $36,000 per year. Additional funding for conference travel expenses for doctoral students is also available. The structure is nominally two years of coursework followed by two years of dissertation work. Previous graduates have published in high quality journals, such as the The Accounting Review, Journal of Banking and Finance, Financial Management, Journal of Applied Corporate Finance within a year of graduation. All have been placed in tenure track university positions in the U.S. The finance doctoral program has an excellent placement record. http://business.wayne.edu/ finance/phdgrads.php

APPLICATION GUIDELINES: The minimum qualifications for completing an application are as follows:
- An undergraduate degree is required. Candidates with a master's degree in finance, economics, engineering or mathematics are especially encouraged to apply. SAS or STATA programming ability will be an additional advantage.
- Official GMAT score. Enrolled students have about 700 average GMAT score. GRE score may be substituted for GMAT score.
- Evidence of English language proficiency.
- A statement of research interests.

The deadline for applications is February 15th, 2017. All applications are online at:http://gradschool.wayne.edu/ future/grad-admission.php

ABOUT THE DEPARTMENT: We have a supportive research environment with resources including WRDS, SAS, SPSS, CRSP, Compustat, SDC Platinum New Issues and M&A, BoardEx, IBES, ExecuComp, Audit Analytics etc. There is a finance seminar series with speakers from top finance departments. We have an accomplished faculty with publications in top journals, including The Journal of Finance, The Journal of Financial Economics, The Journal of Financial and Quantitative Analysis, The Journal of Financial Intermediation, The Journal of Banking and Finance, The Journal of Corporate Finance, Financial Management, The Accounting Review, Harvard Business Review.

ABOUT WAYNE STATE UNIVERSITY: Wayne State University is one of the three research universities in Michigan with an enrollment of 28,000 students. The AACSB-International accredited School of Business Administration is one of 13 schools and colleges comprising the University academic community with 2500 undergraduate business majors and 800 graduate business students. We are in the heart of Detroit's cultural center, with easy access to The Detroit Institute of Arts, the Detroit Symphony, Comerica Park and Ford Field. Wayne State University is an equal opportunity/affirmative action employer. For more information visit:http://business.wayne.edu/phd/ finance.php

FURTHER INFORMATION: If you have any questions please contact:

Anand Jha
Associate Professor of Finance
Ph.D. Coordinator - Finance
Mike Ilitch School of Business
Prentis-325
5201 Cass Avenue
Detroit, Michigan, 48202
Phone: (313)-577-4539
Email: anand.jha@wayne.edu