NEW HERE? LEARN MORE
closeclose
Last visit was: 25 Apr 2024, 02:20 It is currently 25 Apr 2024, 02:20
Decision Tracker
My Rewards
New posts
New comers' posts

Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Go to My Error Log Learn more
Close
Request Expert Reply
Confirm Cancel

Career option for finance Ph.D

SORT BY:
Date
Kudos
avatar
B
Rovshan16
Intern
Intern
Joined: 24 Aug 2020
Posts: 7
Own Kudos [?]: 0 [0]
Given Kudos: 7
Send PM
Career option for finance Ph.D [#permalink] New post   29 Aug 2020, 02:30
Hi, I am planning to apply for Ph.D. in finance in USA. I know that majority of people who do doctorate are determined to pursue a career in academia. In my case, I do not necessarily exclude academia but I want to keep my chance to switch to industry. Do you think doing PhD in finance would allow me to do so. What other careers I can pursue beside teaching and research with a Finance Ph.D.?
Besides, what program would give the best flexibility to switch between academia and industry? Do you think DBA finance focused is a good option?
User avatar
L
yashikaaggarwal
Senior Moderator - Masters Forum
Joined: 19 Jan 2020
Posts: 3137
Own Kudos [?]: 2769 [1]
Given Kudos: 1510
Location: India
Schools: Cranfield (A) Warwick MiM "23 (M)
GPA: 4
WE:Analyst (Internet and New Media)
Send PM
Career option for finance Ph.D [#permalink] New post   29 Aug 2020, 09:26
1
Kudos
Rovshan16 wrote:
Hi, I am planning to apply for Ph.D. in finance in USA. I know that majority of people who do doctorate are determined to pursue a career in academia. In my case, I do not necessarily exclude academia but I want to keep my chance to switch to industry. Do you think doing PhD in finance would allow me to do so. What other careers I can pursue beside teaching and research with a Finance Ph.D.?
Besides, what program would give the best flexibility to switch between academia and industry? Do you think DBA finance focused is a good option?

Doctorate in Business Administration (DBA) will give you an edge in Business Field as compared to PhD in Business. PhD is mainly focused on research and academics, however if you wish to pursue Top management level career, you should go ahead with DBA with finance specialization. Also, Doing DBA Over PhD in Finance will give you option to pursue career in research and academics as well.
avatar
B
gewinston
Intern
Intern
Joined: 21 Jun 2016
Posts: 3
Own Kudos [?]: 1 [0]
Given Kudos: 108
Send PM
Re: Career option for finance Ph.D [#permalink] New post   03 Jul 2021, 22:04
Most firms would love to have a Ph.D in the research department. Also a finance or wealth management practice would add you to the group quickly. From my prior experience, you should not have a problem finding work in the banking or finance arena. Good Luck
User avatar
L
bb
Founder
Founder
Joined: 04 Dec 2002
Posts: 37305
Own Kudos [?]: 72876 [0]
Given Kudos: 18863
Location: United States (WA)
GMAT 1: 750 Q49 V42
GPA: 3
Send PM
GMAT ToolKit User CAT Tests Forum Quiz Mode
Re: Career option for finance Ph.D [#permalink] New post   14 Jul 2021, 23:01
Expert Reply
gewinston wrote:
Most firms would love to have a Ph.D in the research department. Also a finance or wealth management practice would add you to the group quickly. From my prior experience, you should not have a problem finding work in the banking or finance arena. Good Luck



Microsoft was the most famous employer of PhD's I believe :cool:
Not sure if they still are but they felt it was worth it. I can't say that most other companies share the same passion for PhD's but I can see finding a niche but you have to interview well. I am sure there are some companies that may want a PhD for a certain task/job - e.g. figuring out derivatives/etc. I think in big part it will depend on what you did your Doctorate. E.g. Bitcoin likely do well with all the startups that are popping up in crypto. Potentially Fintech in Bay Area but I feel high-finance jobs are somewhat limited pool and it is one of those matches that has to happen. I would start recruiting early!!!
GMAT Club Bot
gmatclubot
Re: Career option for finance Ph.D [#permalink]
14 Jul 2021, 23:01
Moderator:
carcass
Board of Directors
4384 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne
Main navigation
GMAT Resources
Partners
MBA Resources
www.gmac.com|www.mba.com | | GMAT Club Rules | Terms and Conditions