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Doctor of Philosophy (PhD) in Finance

The Doctor of Philosophy (PhD) is the University’s highest level supervised research degree and is awarded on successful completion of a doctoral thesis.

Programme requirements

While an Otago PhD is based solely on completion of a thesis, if a candidate is deemed to require additional tuition in a particular area, completion of an advanced Finance paper(s) may be an additional requirement.

The expected length of study for a PhD is three years for full-time candidates and six years for part-time candidates.


Each PhD student will be appointed a primary and secondary supervisor, who will assist in directing the student’s reading, refining the research proposal, offering guidance on executing the research plan and comments on chapters of the thesis while the work is in progress.


A prospective candidate for Doctor of Philosophy is expected to have a Bachelor's degree with first or upper second class honours or equivalent (including a research component) or a Master's degree (including an appropriate research component).

In special circumstances, a prospective candidate who does not have these formal qualifications, but can demonstrate appropriate equivalent research experience, will also be considered for admission. It is also possible to upgrade an Otago MCom to a PhD, with approval from the Head of Department.

When seeking entry to a PhD in Finance, please email the Department Coordinator of the PhD Programme, for the Department Guidelines for prospective candidates for Doctorial (PhD) studies.

A prospective candidate should send the following information to the Department Coordinator of the PhD Programme,

A research proposal, which provides a clear statement of the research question(s), cites relevant and appropriate literature, describes the likely sample, and presents a time line for the research.

  1. A full and current CV.
  2. A complete set of academic transcripts.
  3. Evidence of proficiency in English (international students).
  4. Masters Thesis (electronic copy, written in English)

Note that admission is subject to suitable supervision being available in the department.

Further information

The University of Otago website contains comprehensive information for potential PhD candidates: