EDHEC-Risk Concept Industry Analysis Featured Analysis Latest EDHEC-Risk Surveys Features Interviews Indexes and Benchmarking FTSE EDHEC-Risk Efficient Index Series FTSE EDHEC-Risk ERAFP SRI Index EDHEC-Risk Alternative Indexes EDHEC IEIF Quarterly Commercial Property Index (France) Hedge Fund Index Research Equity Index Research Amundi "ETF, Indexing and Smart Beta Investment Strategies" Research Chair Rothschild & Cie "Active Allocation to Smart Factor Indices" Research Chair Index Regulation and Transparency ERI Scientific Beta Performance and Risk Reporting Hedge Fund Performance Performance Measurement for Traditional Investment CACEIS "New Frontiers in Risk Assessment and Performance Reporting" Research Chair Asset Allocation and Alternative Diversification Real Assets Meridiam Infrastructure/Campbell Lutyens "Infrastructure Equity Investment Management and Benchmarking" Research Chair Natixis "Investment and Governance Characteristics of Infrastructure Debt Instruments" Research Chair Société Générale Prime Services (Newedge) "Advanced Modelling for Alternative Investments" Research Chair CME Group "Exploring the Commodity Futures Risk Premium: Implications for Asset Allocation and Regulation" Strategic Research Project Asset Allocation and Derivative Instruments Volatility Research Eurex "The Benefits of Volatility Derivatives in Equity Portfolio Management" Strategic Research Project SGCIB "Structured Investment Strategies" Research ALM and Asset Allocation Solutions ALM and Private Wealth Management AXA Investment Managers "Regulation and Institutional Investment" Research Chair BNP Paribas Investment Partners "ALM and Institutional Investment Management" Research Chair Deutsche Bank "Asset-Liability Management Techniques for Sovereign Wealth Fund Management" Research Chair Lyxor "Risk Allocation Solutions" Research Chair Merrill Lynch Wealth Management "Risk Allocation Framework for Goal-Driven Investing Strategies" Research Chair Ontario Teachers' Pension Plan "Advanced Investment Solutions for Liability Hedging for Inflation Risk" Research Chair Non-Financial Risks, Regulation and Innovations Risk and Regulation in the European Fund Management Industry Index Regulation and Transparency Best Execution: MiFID and TCA Mitigating Hedge Funds Operational Risks FBF "Innovations and Regulations in Investment Banking" Research Chair EDHEC-Risk Publications All EDHEC-Risk Publications EDHEC-Risk Position Papers IPE EDHEC-Risk Institute Research Insights AsianInvestor EDHEC-Risk Institute Research Insights P&I EDHEC-Risk Institute Research for Institutional Money Management Books EDHEC-Risk Newsletter Events Events organised by EDHEC-Risk Institute EDHEC-Risk Smart Beta Day Amsterdam 2017, Amsterdam, 21 November, 2017 EDHEC-Risk Smart Beta Day North America 2017, New York, 6 December, 2017 Events involving EDHEC-Risk Institute's participation EDHEC-Risk Institute Presentation Research Programmes Research Chairs and Strategic and Private Research Projects Partnership International Advisory Board Team EDHEC-Risk News EDHEC-Risk Newsletter EDHEC-Risk Press Releases EDHEC-Risk in the Press Careers EDHEC Risk Institute-Asia EDHEC Business School EDHEC-Risk Executive Education EDHEC-Risk Advances in Asset Allocation Blended Learning Programme 2017-2018 Yale School of Management - EDHEC-Risk Institute Certificate in Risk and Investment Management Yale SOM-EDHEC-Risk Harvesting Risk Premia in Alternative Asset Classes and Investment Strategies Seminar, New Haven, 5-7 February, 2018 Investment Management Seminars Contact EDHEC-Risk Executive Education Contact Us ERI Scientific Beta EDHEC PhD in Finance
Executive Education - September 22, 2009

Demand for EDHEC PhD in Finance on the rise


The number of applications for admission to the PhD in Finance offered by EDHEC-Risk Institute rose by more than 60% year-on-year. 2009 admissions proved extremely competitive and the entering class will bring together a group of exceptional individuals from six continents, representing sixteen nationalities.

Since October 2008, EDHEC-Risk Institute has been offering a unique PhD in Finance programme. Its purpose is to help outstanding individuals become autonomous researchers and lifelong innovators by enabling them to develop the scientific background and skills required to define, conduct and complete research projects that advance knowledge and practices in the financial industry. The programme is offered in two tracks: a "residential track" for high-potential graduate students who will hold part-time research positions at EDHEC Business School, and an "executive track" for high-level practitioners who will keep their full-time jobs.

The number of applications for admission to the EDHEC-Risk Institute PhD in Finance rose by more than 60% year-on-year. With 140 high quality applications received, 2009 admissions proved extremely competitive. Twenty-seven applicants (19%) were offered a place in the programme and twenty-one of them will be joining it. As with the inaugural class, the entering class of 2009/2010 will bring together a group of exceptional individuals from the world over.

The three doctoral students joining the residential track of the programme have an average age of twenty-nine and come from Latin America (Brazil) and Europe (Italy). They have master’s degrees in engineering, finance and economics awarded by the Coppead Graduate School of Business (Brazil), Bocconi University (Italy), and Politecnico di Milano (Italy). They have acquired initial work experience in investment banking, financial services, and academe. These PhD candidates will work three days a week as research assistants at EDHEC-Risk or the EDHEC Economics Research Centre and, as such, will enjoy significant financial aid, all while contributing, in synergy with their dissertation, to work at the heart of the concerns of the finance industry. Generally, these students undertake the doctoral programme to prepare for academic careers in leading research and educational institutions.

The more experienced practitioners joining the executive track of the programme usually embark on the PhD in Finance to take a step towards senior positions in finance or, when they already hold such positions, to help them steer their organisations in new directions. As they complete the stimulating academic curriculum and work with leading specialists on research of particular relevance to their organisations, they will learn to leverage their expertise and insights to make contributions at the frontiers of financial knowledge and practices.

The eighteen professionals joining the programme have an average age of forty, and seventeen years of experience. Four of them are chief executives and/or chairs, two are partners or principals, five are heads of units, four are senior directors or managers, and three are portfolio or risk managers. These professionals work in Europe (45%), North-America (33%) and East Asia (22%). They work in asset management (56%), investment banking and capital markets (17%), private banking and wealth management (17%), international institutions (6%), and industrial corporations (6%). Most work for large international corporations (Bank of America, Deloitte, Deutsche Bank, HSBC, ING, UBS, and so on), but also represented are large companies specialised in a line of business or a region and boutiques.

These practitioners have solid academic backgrounds. They have undergraduate degrees in science and engineering (33%), mathematics and physics (28%), finance (11%), economics (11%), business and management (11%), and philosophy (6%). They have graduate degrees in finance (56%), business and management (33%), sciences and engineering (28%), and economics (22%). These degrees are from such institutions as Columbia, Duke, London Business School, University of Chicago (Booth), and SDA Bocconi. All admitted applicants hold master’s degrees and the median GMAT score of the newly entering PhD in Finance candidates is 690 (20-80% range: 650-730).

The entering class of 2009 will start the programme in the second week of October on the School’s Nice campus. During the first of the four residential weeks of the programme’s first year, these new PhD in Finance candidates will take classes in two of the required courses and participate in their first monthly research workshop, the first steps in a demanding learning process leading to the highest possible distinction for finance professionals.

Information sessions presenting the EDHEC PhD in Finance will be taking place at the following locations in the autumn:

  • Paris, 28 September - Hyatt Regency Paris-Madeleine - 6:30pm CET
  • London, 29 September - ANdAZ Hotel - 6:30pm BST
  • Webconference, 22 October – 2:30pm CET, 8:30am EST, 9:30pm UTC+8
  • New York, 26 October - Grand Hyatt Hotel - 6:30pm EST
  • Chicago, 28 October - venue to be confirmed - 6:30pm CDT
  • Singapore, 19 November - venue to be confirmed - 6.30pm UTC+8
  • Hong Kong, 16 November - time and venue to be confirmed

For information about the EDHEC PhD in Finance, please contact Ms Maud Gauchon at maud.gauchon@edhec-risk.com or on +33 493 183 267.

Related links