Maximum 4 Years (8 Semesters)
The Doctor of Philosophy (PhD) in Finance is an advanced research programme designed to develop independent scholars capable of generating original knowledge and addressing complex financial and economic challenges. The programme develops advanced competencies in financial theory, quantitative and econometric methods, financial data analytics, research design and financial modelling. Candidates critically engage with contemporary issues including financial markets, risk, corporate finance, investment, fintech, artificial intelligence, digital finance, sustainability and financial regulation. Through rigorous independent research, candidates develop the ability to formulate significant research questions, generate credible evidence, critically evaluate existing knowledge and communicate findings effectively. Graduates are prepared for careers in academia, research institutions, financial institutions, government, regulatory bodies, consulting and policy organisations, contributing to financial scholarship, policy and practice.
An appropriate Master’s degree at NQF Level 9 in Finance or a Finance-focused sub-field (for example, Financial Management, Corporate Finance, Investment Management, Banking, Financial Risk Management, or a cognate discipline. A minimum average of 60% overall and a minimum of 65% on Research methodology for Master’s coursework graduate is required. Applicants must demonstrate adequate preparation in finance, quantitative methods and research methodology, especially in financial econometrics, preferably through a Master’s research component or equivalent research experience. Applicants must submit a preliminary research proposal demonstrating the potential to undertake independent doctoral research and make an original contribution to knowledge. International qualifications must be recognised by SAQA as equivalent to the required South African qualification.
