PhD in Finance at the University of Bergen

The University of Bergen (UiB) offers a rigorous PhD program in Finance, designed to equip aspiring researchers with the theoretical and methodological skills necessary for successful careers in academia, research institutions, and financial industries. The program is housed within the Department of Economics, providing a strong foundation in economic theory and quantitative methods.

Program Structure and Curriculum

The PhD program typically lasts for three to four years and culminates in the submission and defense of a doctoral dissertation. The initial phase focuses on coursework, providing students with a solid grounding in microeconomics, macroeconomics, econometrics, and finance. Core finance courses cover topics such as asset pricing, corporate finance, financial econometrics, and market microstructure. Elective courses allow students to specialize in areas of particular interest. Common electives include behavioral finance, sustainable finance, and specific areas of asset pricing modeling.

A significant component of the program is dedicated to developing research skills. Students are expected to actively participate in research seminars, present their own work, and engage in collaborative research projects with faculty members. Faculty members are actively engaged in research, publishing in leading academic journals, and working on various research projects. This ensures that students are exposed to cutting-edge research and have opportunities to contribute to the advancement of knowledge in the field.

Research Opportunities

The Department of Economics at UiB boasts a vibrant research environment. Faculty members have expertise in various areas of finance, providing students with diverse research opportunities. Areas of particular strength include asset pricing, corporate finance, behavioral finance, and financial econometrics. Students are encouraged to develop their own research interests and work closely with faculty advisors to develop their research agendas. The university also fosters collaboration with other research institutions and industry partners, providing students with opportunities to gain practical experience and network with professionals in the field.

Application and Admission

Applicants to the PhD program in Finance are expected to hold a Master’s degree in economics, finance, or a related field. A strong academic record, including excellent grades in quantitative courses, is essential. Applicants are also typically required to submit a statement of purpose outlining their research interests and motivations for pursuing a PhD. Strong letters of recommendation are also a crucial part of the application package.

Life in Bergen

Bergen is a vibrant city located on the west coast of Norway. Known for its stunning natural beauty, including fjords and mountains, Bergen offers a high quality of life. As a student, you’ll find a supportive academic community and opportunities to engage in various cultural and social activities. While the cost of living in Norway can be high, the University of Bergen provides financial support to PhD students through stipends or salaries, allowing them to focus on their studies and research.