School of Graduate Studies

Accounting and finance, program overview.

The  Master of Accounting and Finance Program (MAccFin)  is North America’s first graduate degree that integrates both accounting and finance business disciplines. Offered at the Scarborough campus (UTSC), MAccFin delivers a world-class, practical educational experience that prepares students for the Chartered Professional Accountant (CPA), Chartered Financial Analyst® (CFA®) and Association of Chartered Certified Accountants (ACCA) designations, and provides additional real-world co-op   experience.

The 16-month, full-time program is accredited by the  CPA Ontario  and the curriculum is based on the Candidate Body of Knowledge from the Chartered Financial Analyst® Program administered by the  CFA® Institute . By completing the MAccFin, students will qualify for advanced standing in the Chartered Professional Accountant Professional Education Program  ( CPA PEP ) . Furthermore, accredited by the  Association of Chartered Certified Accountants (ACCA)  as well, MAccFin graduates will have direct entry to ACCA’s final  Strategic Professional  level exams upon completion of our program. All MAccFin students now have 9 foundational course exemptions in the  Applied Knowledge and Applied Skills  levels when pursuing their ACCA qualification. Obtaining any of these in-demand, globally recognized and respected designations requires a commitment to higher standards of integrity and credibility, which can be essential to desirable employment.

The co-op component builds on 40 years of experience and leadership in co-operative education at UTSC. During the program, students will have access to UTSC’s diverse portfolio of Canada’s most prestigious employers to complete a four-month co-op internship.

Quick Facts

Master of accounting and finance, program description.

The professional MAccFin degree program is offered over 16 months using a cohort-based model. In this four-session program, students must be registered full-time and complete a sequence of courses. This program begins in the Summer session.

The MAccFin program is designed for applicants who have not yet entered the workforce. These pre-experience applicants apply to the program immediately after completing their undergraduate degree. Applicants complete the School of Graduate Studies online admissions application and submit all official transcripts, two reference letters, and a resumé.

Minimum Admission Requirements

Applicants are admitted under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the additional admission requirements stated below.

An appropriate four-year undergraduate degree with a specialization in accounting or equivalent, with a minimum overall average of a mid-B in all core courses. Admission to the program is extremely competitive, and meeting the minimum overall average does not guarantee admission.

Applicants whose primary language is not English and who graduated from a university where the language of instruction is not English must achieve:

A Test of English as a Foreign Language (TOEFL) score of at least 580 overall on the paper-based test and 5 on the Test of Written English (TWE); 100/120 on the Internet-based test and 22/30 on the writing and speaking sections.

In special circumstances, a minimum score of 7.0 on the International English Language Testing System (IELTS) may be considered for admission.

Program Requirements

Coursework . Students must complete 8.5 full-course-equivalents (FCEs)* as follows:

Session 1: Summer

MAF1002H Strategy, Governance and Management Accounting (0.5 FCE)

MAF2001H Economics and Quantitative Methods (0.5 FCE)

MAF2002H Advanced Corporate Finance (0.5 FCE)

MAF2003H Investment Analysis and Portfolio Management I (0.5 FCE)

MAF3001H Leadership in the 21st Century (0.25 FCE)

MAF3003H Business Data Analytics (0.5 FCE)

MAF3005H Integration and Analysis: Critical Thinking and Decision Making I (0.25 FCE)

MAF4001H Advanced Seminar in Accounting and Finance I (Credit/No Credit, 0.0 FCE)

MAF5002H Finance Capstone Course I (Credit/No Credit, 0.0 FCE)

Session 2: Fall

MAF1001H Advanced Topics in Financial Reporting (0.5 FCE)

MAF1003H Advanced Topics in Assurance (0.5 FCE)

MAF1004H Advanced Taxation (0.5 FCE)

MAF2004H Financial Statement Analysis and Equity Valuation (0.5 FCE)

MAF2005H Derivatives (0.5 FCE)

MAF3002H Strategy, Business Development, and Sales (0.25 FCE)

MAF3006H Integration and Analysis: Critical Thinking and Decision Making II (0.25 FCE)

MAF5003H Finance Capstone Course II (Credit/No Credit, 0.0 FCE)

Session 3: Winter

MAF4000H Co-op Internship (0.5 FCE)

Session 4: Summer

MAF1005H Current Issues in Accounting and Assurance (0.5 FCE)

MAF2006H Investment Analysis and Portfolio Management II (0.5 FCE)

MAF2007H Fixed Income (0.5 FCE)

MAF3004H Integration and Analysis: Board Report (0.5 FCE)

MAF4002H Advanced Seminar in Accounting and Finance II (Credit/No Credit, 0.0 FCE)

MAF5001H Technical Update in Financial and Management Accounting (Credit/No Credit, 0.0 FCE)

MAF5004H Integrated Case Writing (Credit/No Credit, 0.0 FCE)

* A final grade below 70% in any course equates to an FZ, which is an insufficient grade. A MAccFin student who receives a final grade of FZ will be recommended for termination of registration from the MAccFin program.

Program Length

4 sessions full-time (typical registration sequence: S/F/W/S)

3 years full-time

Niklas Schaefer

“Everyone is very open minded and friendly.”

University of Toronto

  • Instructors
  • Publications
  • Working papers
  • Undergraduate
  • Policy School
  • Announcements

Check the latest UofT COVID-19 updates more information

Navi Mental Health Wayfinder

PhD program admission requirements

Degree and course requirements.

Applicants must have completed, or be in the process of completing a master's degree in economics or a related field with an average of at least B+, or have completed, or be in the process of completing a bachelor’s degree in economics or a related field with an average of at least A- in the final two years of study.

We offer both regular-entry and direct-entry PhD programs. The regular-entry program is open only to students who will have completed the requirements for a master’s degree in economics or a related field by September of the year for which they are applying. Students who do not expect to satisfy this condition should apply to the direct-entry program . In particular, applicants currently in the final year of a bachelor’s program should apply for the direct-entry PhD. Under no circumstances should you apply to both the regular-entry and the direct-entry PhD program. Applicants to the direct-entry program will be asked whether they wish to be considered for the Economics MA program should their PhD application be unsuccessful.

Applicants educated in a country other than Canada should check the equivalent qualifications table prior to starting the online admission application (not all bachelor’s or master's degrees are equivalent to the corresponding degree from the University of Toronto). The PhD is a full-time program. It is not possible to pursue a PhD on a part-time basis. Candidates are required to remain in full-time attendance for the first three years of the program. There is one admission date, in September. There is no January admission.

Applicants must have a strong preparation in advanced mathematics, statistics, and economics, including courses in microeconomic theory, macroeconomic theory, and econometrics or statistics.

Please note that meeting these minimum requirements does not imply automatic acceptance into the program. (See the PhD FAQ for the typical profile of a successful applicant.)

The admission process

Please read in full the application information and instructions prior to starting the university's online application to ensure you have informed yourself on essential information including: application deadlines, application processing time, planning for your application submission, how to apply, contact information and the application assessment process.

Once the university's online application form has been completed and the application fee paid (final deadline January 19, 2024), applicants will receive an email message from the Department of Economics with a link to a supplementary form. When this form is completed and the Economics Graduate Office has received all required supporting documentation (final deadline January 19, 2024), the department will begin to review and assess the application. To avoid any issues, we strongly advise applicants to complete their application and supplementary form well in advance of the deadline. To be considered for certain prestigious scholarships, such as the Connaught or Trillium scholarship, the application must be completed by January 19, 2024, including all required supporting documentation.

The application assessment process

The files of applicants who meet the minimum requirements, submit all the required documents by the deadline will be reviewed by the Department of Economics Admissions Committee. Note: The meeting of these requirements is only a necessary condition, not a sufficient condition, for acceptance into the program. The Admissions Committee normally starts to make first round offers from mid-March through early April and may continue with subsequent rounds of offers until June. All applicants will be notified either with an offer of admission or rejection of their application by the end of June.

Please also see our PhD FAQ page for the answers to commonly asked questions.

Department of Economics University of Toronto Max Gluskin House 150 St. George Street Toronto, Ontario M5S 3G7, Canada (416) 978-4622

  • University of Toronto
  • Faculty of Arts & Science
  • UTM Economics

Logo

Universal Navigation

Universal navigation2.

  • U of T's Statistical Sciences Rankings
  • Collaborate With Us

Search form

phd in finance university of toronto

  • Program Requirements

PhD Program Requirements

Students in the PhD program can conduct research in the fields of 1) Statistical Theory and Applications or 2) Probability or 3) Actuarial Science and Mathematical Finance .

The research conducted in the department is vast and covers a diverse set of areas in theoretical and applied aspects of Statistical Sciences. Students can work in multidisciplinary areas and team up with researchers in, for example, Astronomy and Astrophysics, Computer Science, Economics, Engineering, School of the Environment, Faculty of Information, Mathematics, Public Health Sciences, Sociology, Philosophy, and Psychology, and the Rotman School of Management.

The main purpose of the program is to prepare students for pursuing advanced research both in academia and in research institutes.

Program Length

This full-time program normally takes 12 academic sessions (four years) to complete and requires continuous registration. There is a maximum time limit of six years to complete the program.

PhD Direct Entry

This full-time program   normally takes 15 academic sessions (five years) to complete and requires continuous registration. There is a maximum time limit of seven years to complete the program .

Course Requirements

During Year 1, students are required to complete the following 3.0 full-course equivalents (FCEs):  

Students must complete an additional 2.0 full-course equivalents (FCEs) at the graduate level .   The additional courses must be approved by the student's supervisor and the Associate Chair of Graduate Studies . It is strongly recommended that these courses are completed at the end of Year 2, but no later than the end of Year 4. 

Field: Actuarial Science and Mathematical Finance

During Year 1, students must complete the following 3.0 full-course equivalents (FCEs):  

Comprehensive Examination Requirements

Within Years 1 and 2, students must complete a two-part comprehensive examination: 1) an in-class written comprehensive exam and 2) a research comprehensive exam. Students must pass both the in-class written exam and the research exam to continue in the program.

In-Class Written Exam

Students must attempt the in-class written comprehensive exam by the end of Year 1. If a student fails this portion of the comprehensive exam, one further attempt will be allowed by the end of Year 2. Students who achieve A or A+ grades in all required coursework are exempt from the in-class written exam.

Research Comprehensive Exam

Students must attempt the research comprehensive exam by the beginning of Year 2, which includes a technical report and an oral presentation. If a student fails this portion of the comprehensive exam, one further attempt will be allowed at the end of Year 2.

Thesis Requirements

Conducting original research is the most important part of doctoral work. Your thesis must constitute significant and original contribution to the field.

Annual Doctoral Progress

You will have yearly meetings with a committee of no less than three faculty members to assess your progress.   

Departmental Oral Examination and Final Oral Examination

The completed thesis must be presented and defended within the Department of Statistical Sciences in addition to being presented and defended at the School of Graduate Studies (SGS).  

Residency Requirements

All students must satisfy a two-year residency requirement as outlined in the Calendar of the School of Graduate Studies, General Regulations .

Direct-Entry PhD students must satisfy a three-year residency requirement.

Questions about your program?  

Please reach out to our graduate team at [email protected]

  • Future Students
  • PhD Program
  • MSc Program
  • Masters of Financial Insurance (MFI)
  • MScAC Data Science Concentration
  • Graduate Timetable
  • Request new password

Programs & Courses › Specializations

Schulich’s PhD in Finance program focuses on developing ground-breaking research in the field of Finance. Through exposure to world-renowned faculty, strong preparatory coursework, and access to comprehensive data sources, the program prepares its graduates to discover and publish new research that can alter how financial markets, individuals, and corporations raise money and invest for the future.

Specialization Details by Category

Study options.

Student admission is restricted to full-time study exclusively for the first four years. It is not recommended to be working outside of the PhD program during your studies. Students must be able to participate in the PhD program in Toronto.

The PhD program normally takes four to five years to complete. The actual length of study depends strongly on each student’s academic background, exact thesis topic and outside commitments.

Choose a study option to view its details and requirements

Available delivery options

  • Full-time 48 to 72 months

Location(s)

  • Keele Campus Toronto

The requirements to successfully complete the program are outlined below in “Curriculum Overview.”

FIRST YEAR DOCTORAL STUDENTS: Please click on and review the attached program structure document , which relates to specialization requirements.

Doctoral students must complete the following components of the PhD program:

  • Core Courses (finance seminars, microeconomic and macroeconomic theories and econometrics)
  • Summer Research Papers
  • Comprehensive Examination (Written and Oral Exam, Research Paper)
  • Dissertation

The focus of this course is on individuals' consumption and portfolio decisions under uncertainty and their implications for security valuations. The discussions of related topics are cast in both the discrete- and the continuous-time framework.

This course is designed to guide students through a variety of corporate finance topics. Students will study both theoretical and empirical papers on corporate decision-making and financial markets. Students will also have an opportunity to start a research project of their own.

This course takes advantage of the research expertise of individual faculty members in the finance area. Students are exposed to specific topics at the forefront of financial research, such as financial institution, risk management, and asset allocation.

GS/ECON 5100 3.0: Microeconomics Theory GS/ECON 6220 3.0: Advanced Econometric Theory I GS/ECON 6250 3.0: Advanced Econometric Theory GS/ECON 5110 3.0: Topics in Macroeconomic Theory GS/ECON 6100 3.0: Topics in Microeconomic Theory

Two Elective Courses These two courses are selected with the assistance of the Finance PhD program director from among those offered in other fields in Schulich or from other relevant postgraduate programs at York University.

Two Summer Research Papers In the summer semester of first and second years students write a research paper under the supervision of a faculty member.

Comprehensive Examinations

The comprehensive field examination takes place in the summer of both first year and second year. Students must demonstrate clear and coherent writing ability, methodological mastery and a deep comprehension of the literature relevant to the topic. Their academic writing style should mimic what is expected by top journals in the field. Students receive a grade of pass or fail on their comprehensive exams. Those who fail have the opportunity to retake the exams once, within six months of the date of the first comprehensive exam. Those who fail to pass a second time are not allowed to continue in the PhD program.

The program regards the comprehensive examination as a pivotal point for deciding whether students should be allowed to proceed with their studies or be encouraged to withdraw from the program.

Dissertation Proposal and Oral Defence

Candidates must prepare a written proposal to conduct original dissertation research carried out under the supervision of a supervisory committee, and must defend this to the satisfaction of the thesis supervisor and members of the supervisory committee.

Dissertation and Oral Examination

Candidates must prepare a dissertation based on original research carried out under the supervision of a supervisory committee and submit the results in appropriate dissertation form. After the formal submission of the dissertation, an oral examination is held. It is expected that all or part of the dissertation will be published following professional or scientific review.

We recommend further consultation with your area Ph.D. rep concerning any impending changes to the program requirements and guidance on selecting appropriate optional courses.

PhD students have the opportunity to work with some of the top experts in the field of finance. Our faculty has published a variety of research on behavioural finance, corporate governance, executive compensation, personal finance, institutional behavior, and international finance in leading finance and economic journals.

Through collaboration and mentorship with these leading researchers, our PhD graduates are well positioned to produce high quality research that will eventually lead to publications with high scholarly impact.

Selected faculty members

Professor of Finance; Bob Finlayson Chair in International Finance

Program Director, Master of Finance; Program Director, Financial Engineering; Professor of Finance

Associate Professor of Finance

Assistant Professor of Finance

Professor of Finance

Professor of Finance; Scotiabank Chair in International Finance

Professor of Finance; Area Coordinator, Finance

Professor of Finance and the Nigel Martin Chair in Finance

Career Opportunities

Placement of recent graduates.

The PhD in Finance program will prepare you for an academic career at a top research university in Canada, the US, or the rest of the world. The program will help you build a strong theoretical and empirical foundation in finance. Combined with our faculty’s wide-ranging research expertise, our program will position you for a strong career in finance research.

Research Requirements

Students must work as research assistants for the first three years of the program in order to receive financial support and be prepared for their dissertation.

When they are at the dissertation stage, Ph.D. candidates are expected to actively dialogue – both formally in seminars and informally – with other area members within the confines of their dissertation. In addition, students should plan to attend or present their research at well-known academic conferences such as the Northern Finance Association, the Financial Management Association, the American Finance Association and the Western Finance Association. They may also be asked to help review manuscripts and journal articles by editors and associate editors.

Students are required to teach one finance course before they go on the job market. This will help students to accumulate teaching experience which is an important ability to acquire in order to have a successful academic career.

phd in finance university of toronto

Student Research

Research is the most critical element of the development of student’s careers. Schulich’s Finance PhD program supports student’s research through interaction with faculty, access to major databases, and other research support.

Selected Publications

Markus Broman (Forthcoming), “The Geography of Sub-advisors, Managerial Structure, and the Performance of International Equity Mutual Funds,” Review of Asset Pricing Studies (with Densmore, M. and Shum Nolan, P.)

Michael Densmore (Forthcoming), “The Geography of Sub-advisors, Managerial Structure, and the Performance of International Equity Mutual Funds,” Review of Asset Pricing Studies (with Markus Broman and Pauline Shum Nolan)

Xinyao Joseph Zhou (Forthcoming), “Does Social Interaction Spread Fear among Institutional Investors? Evidence from COVID-19,” Management Science (with Au, S. and Dong, M)

Shiu-Yik Au (Forthcoming), “Does Social Interaction Spread Fear among Institutional Investors? Evidence from COVID-19,” Management Science (With Zhou, X. J., and Dong, M)

Shiu-Yik Au (Forthcoming), “How Much Does Workplace Sexual Harassment Hurt Firm Value?” Journal of Business Ethics (with M. Dong, and A. Tremblay)

Andreanne Tremblay (Forthcoming), “How Much Does Workplace Sexual Harassment Hurt Firm Value?” Journal of Business Ethics (with M. Dong, and S. Au)

Andreanne Tremblay (2022), “Does Board Gender Diversity Reduce Workplace Sexual Harassment?” Corporate Governance: an International Review (with You, L. and Au, S.)

Shiu-Yik Au (2022), “Does Board Gender Diversity Reduce Workplace Sexual Harassment?” Corporate Governance: an International Review (with You, L. and Tremblay, A.)

Andreanne Tremblay-Simard (2022), “Global weather-based trading strategies,” Journal of Banking and Finance 143(C), 106558 (with Dong, M.)

Daniel Tut (2022), “Policy Uncertainty and Cash Dynamics,” Journal of Financial Research , 45(2), pp.422-444.

Daniel Tut (2022), “Debt Dynamic, Debt Dispersion and Corporate Governance,” International Journal of Managerial Finance

Daniel Tut (2022), “Investment, Q and Diseases,” Finance Research Letters 47, 102943

Markus Broman (2022), “Naïve Style-level Feedback Trading in Passive Funds,” Journal of Financial and Quantitative Analysis , May 2022, pp. 1083 – 1114.

Andreanne Tremblay (2021), “Employee Flexibility, Exogenous Risk, and Firm Value,” Journal of Financial and Quantitative Analysis 56(3), 853–884 (with Au, S. and Dong, M)

Shiu-Yik Au (2021), “Employee Flexibility, Exogenous Risk, and Firm Value,” Journal of Financial and Quantitative Analysis 56(3), 853–884 (with Tremblay, A. and Dong, M)

Andréanne Tremblay (2021), “Does the Weather Influence Global Stock Returns?” Critical Finance Review 10(2): 207-249 (with Dong, M.)

Jisok Kang (2021), “Why is Stock Market Concentration Bad for the Economy?” Journal of Financial Economics 140, 436-459. (with Bae, K. and Bailey, W.)

Markus Broman (2020), “Local Demand Shocks, Excess Co-movement and Return Predictability,” Journal of Banking and Finance , Volume 119, 105910.

Rejo Peter (2020), “Public‐to‐private buyouts and innovation,” British Journal of Management , 31(4), 811–829. (with Cumming, D. and Tarsalewska, M.)

Rejo Peter (2020), “Market manipulation and innovation,” Journal of Banking & Finance , 120, 105957, 1-17 (with Cumming, D., Ji, S. and Tarsalewska, M.)

Xinyao Joseph Zhou (2020), “The Dynamic Effect of Macroeconomic News on the Euro/US Dollar Exchange Rate,” Journal of Forecasting , vol. 39-1, 2020, pp. 84-103. (with Omrane, W. B. and Welch, R.)

Jisok Kang (2019), “Nominal Stock Price Anchors: A Global Phenomenon?”   Journal of Financial Markets 44, 31-41. (with Bae, K., Bhattacharya, U., and Ghon Rhee, S.)

Minjie Zhang (2019), “Angel investors around the world,” Journal of International Business Studies , 50, 692–719. (with Cumming, D.)

Rejo Peter (2019), “Pre-going private ownership around the world,” British Journal of Management , 30(3), 692-711. (with Cumming, D., Sannajust, A. and Tarsalewska, M.)

Xinyao Joseph Zhou (2019), “Time-varying Effects of Macroeconomic News on the Euro-Dollar returns,” North American Journal of Economics and Finance , 50, pp. 1-20. (with Omrane, W. B., Savaser, T. and Welch, R.)

Yelin Zhang (2019), “What is mutual fund flow?” Journal of International Financial Markets, Institutions and Money, 62, 222-251 (with Cumming, D. and Johan, S.)

Yelin Zhang (2019), “Governance in entrepreneurial ecosystems: venture capitalists vs. technology parks,” Small Business Economics, 52, 455–484 (with Cumming, D. and Werth, J.C.)

Yelin Zhang (2019), “The role of due diligence in crowdfunding platforms,” Journal of Banking & Finance (with Cumming, D. and Johan, S.)

Recent Dissertation Topics

2023: Alireza Mahalati Rayeni – Essays on Innovation

2022: Xinyao Joseph Zhou – Three Essays in Empirical Asset Pricing

2021: Michael Densmore – Essays in Asset Management and Corporate Liquidity Management

2021: Rui Duan – Three Essays in Corporate Finance

2020: Daniel Tut – Essays on Creditor Rights Protection, Corporate Debt and Corporate Liability

2018: Rejo Peter – Empirical Essays on Finance and Innovation

2018: Shiu-Yik Au – Essays on Corporate Intangibles and Misconduct

2018: Yelin Zhang – Empirical Essays on Entrepreneurial Finance

2017: Jie Zhu – Two Essays on Investments: Corporate and Institutional Perspective

2017: Andreanne Tremblay Simard – Three Essays on Finance, Culture and Investor Behavior

2017: Minjie Zhang – Empirical Studies in International Entrepreneurial Finance

2016: Jisok Kang – Essays on International Corporate Finance

2015: Markus Broman – Essays on Exchange-Traded Fund Mispricing and Liquidity

2014: Feng Zhan – Essays On International Market Efficiency And Manipulation

Current PhD students in the Finance Area:

as of Fall 2023

  • Ray Bawania
  • Afshin Cheraghi
  • Arshia Farzamfar
  • Seyedeh Dorsa Ghamkhar
  • Hosein Hamisheh Bahar
  • Chengcheng Huang
  • Hossein Naderi Khorshidi
  • Mohammadreza Nafissi
  • Samir Mourad
  • Seyyedeh Elham Tabatabaei

phd in finance university of toronto

Logo

Universal Navigation

Universal navigation2, search form.

phd in finance university of toronto

  • PhD Program

PhD Tuition and Funding

A&s tuition, fees & base funding package - 2023-24.

2023-24 full-time = $8,213.96  ($6,210.00 tuition + $2,003.96 mandatory incidental fees) 

International

  • 2023-24 full-time = $8,969.96  ($6,210.00 tuition + $2,003.96 mandatory incidental fees + $756.00 UHIP)

PhD Program Funding

In 2001, the Faculty of Arts and Science introduced a base funding package for eligible graduate students. This package has increased substantially over time. The base funding package helps the Faculty to recruit outstanding students and allows these students to focus on their studies and complete their degrees in a timely manner.

Students are responsible for any course-related expenses, as well as payment of their tuition and fees. Tuition and fees are subject to change on an annual basis. In 2023-24, the tuition fee for full-time domestic PhD students is $8,213.96. Additional information is available on the Student Accounts website . 

The base funding package consists of a University of Toronto Fellowship (UTF) and a Research Assistant Stipend (RA Stipend). There is a possibility of top-ups from sources such as the Program-Level Fellowship.

More Information

Program-level fellowships (plfs).

PLFs are provided by Faculty of Arts and Science. For the 2023-24 academic year, the Faculty of Arts and Science is allocating $1,000 for each registered PhD and MA student. The distribution of funds is determined in consultation with graduate students each year. For the 2023-24 year, we will distribute 50% of allocated funds to MA and PhD students' base funding ($500 per MA and Year 1-5 PhD students) and the other 50% to Black, Indigenous, and other racialized MA and PhD students.

Research Assistantship (RA)

RA Position

Faculty members can hire students to assist with their research. Faculty members pay students from their research funds and in addition to base funding. RA Position is paid as a taxable T4 and involves hourly rates for your research-related work for a faculty member. It is paid as you are completing the work. There is a contract between a student and a faculty member outlining the specifics of this position.

RAship Stipend

PhD students receive an RA stipend of $800 included in the base-funding. The RA stipend helps students to connect with faculty members and their research. Consult your funding letter. RA Stipend is paid into your account by direct deposit in October. 

TAships play a very important role in the Centre’s educational mandate for both graduate and undergraduate students. Therefore, the decisions about TA assignments are made by the Centre’s director, both Associate Directors, with administrative support from Undergraduate Adminstrative Coordinator and Graduate Administrator. 

The hourly rates and the total number of TA hours are regulated through the university’s Collective Agreements with CUPE3902, Uni 1. The current agreement sets a limit of $7,755 to be counted towards base funding for students entering in year 1. Any TA earnings beyond this level will augment a graduate student's actual income, and cannot be offset by lower levels of financial support from other sources (UTF and RA).

TA Assignments, Contracts, and Training Timeline

  • May:  The Subsequent Appointment System opens for students in Year 2 and beyond to declare whether they want to hold an appointment in the coming year, and to provide some details about the kind of TA-ship they want, and on which campus. 
  • July: You will get a provisional TA assignment on the  TAship site . 
  • July: for F/Y terms and in November for S term:  Any TA Job Posting  Applications  will be made available.
  • August 11 for F/Y term and December 11 for S term:  You will receive your TA contract. 
  • September 1:  Description of Duties and Allocation of Hours (DDAH) forms outlining TA duties and specifying the hours assigned to them, have to be confirmed by both the TA and course instructor on the  TAship Online System
  • Questions regrading TA assignments at the St. George campus can be sent to  Colleen Osborn .  Questions regrading TA assignments at the UTM campus can be sent to   Sabrin Mohamed   Questions regrading TA assignments and DDAH forms at the UTSC campus can be sent to  Milene Neves  

How is your funding paid?

The stipend part of University of Toronto Fellowship payments are paid through direct deposit. To set up direct deposit, follow these steps:

  • Log into your ACORN account. 
  • Ensure your contact information, including address, is up-to-date under Profile & Settings . 
  • Click on Financial Account  in the left menu. 
  • Select Direct Deposit  and enter your banking information. You will need your transit number, bank number, and account number. 
  • Banking Authorization Form
  • Void cheque or printout from bank with account information
  • TD1 Tax Form, TD1-ON Tax Form
  • Photocopy of Social Insurance Number (SIN) card, and
  • Photocopy of study permit (if not a citizen or resident of Canada).
  • Note to international students: If you do not have a Social Insurance Number, please secure the information required by Services Canada in applying for a Canadian Social Insurance Number (SIN). You must have a valid Social Insurance Number in order to earn income in Canada. 

Important notes:

  • ACORN/ROSI and U of T's payroll HR system are not connected and therefore any changes to your information must be submitted separately for each system.
  • Payroll entries must be processed by the payroll close date, which is typically about the 15th of the month, and about the 7th in December. Your information must reach the Department Manager in sufficient time to allow for processing.

When to expect payment

UTF payment comes in two forms: a stipend and tuition.

  • The stipend is paid three times a year: at the beginning of September, January, and May.
  • The tuition is paid directly into the student account in two instalments, in September and January.

CGS-M, SSHRC, FAST and OGS awards are paid in three instalments in September, January, and May. Students holding CGS-M, SSHRC and OGS awards are responsible for paying their tuition as it is NOT automatically deducted from these awards.

TA payments come on the 28th of the month, but only for the months the student teaches. If, for example, the student’s TAship is in the Fall semester only, the payments will be deposited in September, October, November, and December. The Winter payments come in January, February, March and April.

RAship Stipend is paid into your account in October by direct deposit.

Additional Funding Sources

Work-study program.

Every year the Centre hires work-study students to provide employment and career development opportunities. This is a part of the University of Toronto financial aid program. Students may apply for the positions advertised by the Centre, but also for positions advertised by individual faculty members and other departments.

Work-Study positions for the 2024-25 academic year will be made available on the Career Learning Network website .

Job postings will be made available to view in August 2024. All students registered as full time for the 2024-25 year will be eligible to apply.

Research & Conference Grants

  • The Faculty of Arts & Science and the School of Graduate Studies hold competitions annually for research travel grants. Funds are available for a limited number of doctoral students in the humanities to study or carry out research in Canada, the United States or overseas.
  • The Centre for Drama, Theatre & Performance Studies realizes the importance of research abroad and has limited research and conference travel funds available.

Financial Aid

We encourage you to investigate your eligibility for financial aid:

  • Financing Your Graduate Education  (School of Graduate Studies)
  • U of T Finances : general information on fees, funding, awards and more. 
  • Prospective Graduate Students
  • Program Requirements
  • Academic Milestones: Program by Year
  • Tuition & Funding
  • Scholarships & Awards
  • Ethics Review
  • Dissertations
  • PhD Graduate Forms
  • Curriculum & Course Information
  • Request new password
  • Graduate School
  • Prospective Students
  • Graduate Degree Programs

Doctor of Philosophy in Business Administration in Finance (PhD)

Canadian immigration updates.

Applicants to Master’s and Doctoral degrees are not affected by the recently announced cap on study permits. Review more details

Go to programs search

The PhD Program in Business Administration welcomes applications from individuals planning research-oriented academic careers.

As well as gaining access to a world of knowledge and opportunity, Sauder PhD students benefit from the individual attention they receive from faculty members - right from the outset of the program. Our faculty members devote extensive time, energy and effort to developing the research capabilities of all of our PhD students.

For specific program requirements, please refer to the departmental program website

What makes the program unique?

Judging by the standards of research achievement, graduate placement, publications and research grants received, the PhD program in Finance at UBC stands at the top of Canadian business schools and among the first rank of North American programs. 

An active group of skilled junior and senior researchers is a distinguishing feature of the finance faculty at UBC. This translates into a rich and heterogeneous portfolio of research interests ranging from game-theoretic models of corporate finance, to applications of Bayesian analysis in empirical finance, to theoretical modeling of equilibrium asset pricing. The wide research interests of the Division allows substantial flexibility for the PhD student in selecting a thesis research topic. 

The ocean and the mountains [...] give Vancouver a sense of peacefulness, even as a major city in Canada. I think this makes UBC a great place to focus on research.

phd in finance university of toronto

Valentina Rutigliano

Quick Facts

Program enquiries, admission information & requirements, 1) check eligibility, minimum academic requirements.

The Faculty of Graduate and Postdoctoral Studies establishes the minimum admission requirements common to all applicants, usually a minimum overall average in the B+ range (76% at UBC). The graduate program that you are applying to may have additional requirements. Please review the specific requirements for applicants with credentials from institutions in:

  • Canada or the United States
  • International countries other than the United States

Each program may set higher academic minimum requirements. Please review the program website carefully to understand the program requirements. Meeting the minimum requirements does not guarantee admission as it is a competitive process.

English Language Test

Applicants from a university outside Canada in which English is not the primary language of instruction must provide results of an English language proficiency examination as part of their application. Tests must have been taken within the last 24 months at the time of submission of your application.

Minimum requirements for the two most common English language proficiency tests to apply to this program are listed below:

TOEFL: Test of English as a Foreign Language - internet-based

Overall score requirement : 100

IELTS: International English Language Testing System

Overall score requirement : 7.0

Other Test Scores

Some programs require additional test scores such as the Graduate Record Examination (GRE) or the Graduate Management Test (GMAT). The requirements for this program are:

The GRE or a comparable test is required. Please check the program website.

2) Meet Deadlines

3) prepare application, transcripts.

All applicants have to submit transcripts from all past post-secondary study. Document submission requirements depend on whether your institution of study is within Canada or outside of Canada.

Letters of Reference

A minimum of three references are required for application to graduate programs at UBC. References should be requested from individuals who are prepared to provide a report on your academic ability and qualifications.

Statement of Interest

Many programs require a statement of interest , sometimes called a "statement of intent", "description of research interests" or something similar.

Supervision

Students in research-based programs usually require a faculty member to function as their thesis supervisor. Please follow the instructions provided by each program whether applicants should contact faculty members.

Instructions regarding thesis supervisor contact for Doctor of Philosophy in Business Administration in Finance (PhD)

Citizenship verification.

Permanent Residents of Canada must provide a clear photocopy of both sides of the Permanent Resident card.

4) Apply Online

All applicants must complete an online application form and pay the application fee to be considered for admission to UBC.

Tuition & Financial Support

Financial support.

Applicants to UBC have access to a variety of funding options, including merit-based (i.e. based on your academic performance) and need-based (i.e. based on your financial situation) opportunities.

Program Funding Packages

We provide a financial package that includes tuition plus $30,000 per year for the first five years of the PhD Program.

Average Funding

  • 7 students received Teaching Assistantships. Average TA funding based on 7 students was $3,810.
  • 8 students received Research Assistantships. Average RA funding based on 8 students was $18,511.
  • 7 students received Academic Assistantships. Average AA funding based on 7 students was $6,424.
  • 9 students received internal awards. Average internal award funding based on 9 students was $19,421.

Scholarships & awards (merit-based funding)

All applicants are encouraged to review the awards listing to identify potential opportunities to fund their graduate education. The database lists merit-based scholarships and awards and allows for filtering by various criteria, such as domestic vs. international or degree level.

Graduate Research Assistantships (GRA)

Many professors are able to provide Research Assistantships (GRA) from their research grants to support full-time graduate students studying under their supervision. The duties constitute part of the student's graduate degree requirements. A Graduate Research Assistantship is considered a form of fellowship for a period of graduate study and is therefore not covered by a collective agreement. Stipends vary widely, and are dependent on the field of study and the type of research grant from which the assistantship is being funded.

Graduate Teaching Assistantships (GTA)

Graduate programs may have Teaching Assistantships available for registered full-time graduate students. Full teaching assistantships involve 12 hours work per week in preparation, lecturing, or laboratory instruction although many graduate programs offer partial TA appointments at less than 12 hours per week. Teaching assistantship rates are set by collective bargaining between the University and the Teaching Assistants' Union .

Graduate Academic Assistantships (GAA)

Academic Assistantships are employment opportunities to perform work that is relevant to the university or to an individual faculty member, but not to support the student’s graduate research and thesis. Wages are considered regular earnings and when paid monthly, include vacation pay.

Financial aid (need-based funding)

Canadian and US applicants may qualify for governmental loans to finance their studies. Please review eligibility and types of loans .

All students may be able to access private sector or bank loans.

Foreign government scholarships

Many foreign governments provide support to their citizens in pursuing education abroad. International applicants should check the various governmental resources in their home country, such as the Department of Education, for available scholarships.

Working while studying

The possibility to pursue work to supplement income may depend on the demands the program has on students. It should be carefully weighed if work leads to prolonged program durations or whether work placements can be meaningfully embedded into a program.

International students enrolled as full-time students with a valid study permit can work on campus for unlimited hours and work off-campus for no more than 20 hours a week.

A good starting point to explore student jobs is the UBC Work Learn program or a Co-Op placement .

Tax credits and RRSP withdrawals

Students with taxable income in Canada may be able to claim federal or provincial tax credits.

Canadian residents with RRSP accounts may be able to use the Lifelong Learning Plan (LLP) which allows students to withdraw amounts from their registered retirement savings plan (RRSPs) to finance full-time training or education for themselves or their partner.

Please review Filing taxes in Canada on the student services website for more information.

Cost Estimator

Applicants have access to the cost estimator to develop a financial plan that takes into account various income sources and expenses.

Career Outcomes

102 students graduated between 2005 and 2013. Of these, career information was obtained for 100 alumni (based on research conducted between Feb-May 2016):

phd in finance university of toronto

Sample Employers in Higher Education

Sample employers outside higher education, sample job titles outside higher education, phd career outcome survey, career options.

Recent placements of students in the program have included schools such as Columbia Business School, University of Virginia, University of Utah, Arizona State University, University of Oregon, Carnegie Mellon University, University of California at Los Angeles, The University of Texas at Austin and the University of Toronto.

Enrolment, Duration & Other Stats

These statistics show data for the Doctor of Philosophy in Business Administration in Finance (PhD). Data are separated for each degree program combination. You may view data for other degree options in the respective program profile.

ENROLMENT DATA

Completion rates & times.

  • Research Supervisors

This list shows faculty members with full supervisory privileges who are affiliated with this program. It is not a comprehensive list of all potential supervisors as faculty from other programs or faculty members without full supervisory privileges can request approvals to supervise graduate students in this program.

  • Agarwal, Isha (Banking; International Finance; Corporate Finance; macroeconomics)
  • Baldauf, Markus (Financial Markets; Information Economics; Industrial Organization; Regulation; Market Microstructure )
  • Bena, Jan (Financial economics; Finance, n.e.c.; Stock markets; International economics and international finance; Economics of innovation and technical change; Industry economics and industrial organization; Innovation; Corporate innovation; Asset pricing of technological progress; Private equity; Corporate ownership structure; Frictions in raising external finance; Entrepreneurship; Ownership of startup companies; Finance and industrial organization; Product market interactions)
  • Bian, Bo (Empirical corporate finance; Productivity; Innovation; Bankruptcy)
  • Carlson, Murray (Introduction to capital markets, corporate finance, principles of finance, asset pricing)
  • Dias Saraiva-Patelli, Ella (Finance; Asset pricing and international finance)
  • Donaldson, R Glen (Risk management, Volatility forecasting, Asset valuation, Financial econometrics, Financial markets and price behavior)
  • Favilukis, Jack (Consumption and Production Based Asset Pricing; Heterogeneity and Inequality; Incomplete Markets; Real Estate)
  • Fisher, Adlai (Asset pricing, financial econometrics, volatility modelling, corporate finance, mergers and acquisitions)
  • Garlappi, Lorenzo (Economics and business administration; Financial Economics; Asset pricing; Macro-Finance; Decision Theory)
  • Giammarino, Ronald (Financial management; corporate theory; bank regulation; real options)
  • Gornall, Will (Corporate finance ; Venture capital; Banking)
  • Heinkel, Robert Lee (Stock markets; Corporate Finance)
  • Lazrak, Ali (Finance and Accounting; Economic Phenomena on an Individual or Organizational Level; Asset pricing, Corporate Finance, Behavioral Finance, Household portfolio choice)
  • Li, Kai (corporate governance, CEO compensation, mergers and acquisitions, shareholder activism, gender in corporate decision making, board of directors, national culture, innovation, Finance)
  • Ortiz Molina, Hernan (Corporate finance and governance, executive compensations, industrial organization, interactions between real and financial decisions )
  • Pikulina, Elena (Institutional investors; Corporate finance; Experimental and behavioral finance)

Doctoral Citations

Sample thesis submissions.

  • Essays in empirical corporate finance
  • The value of intangibles : artificial intelligence, intellectual property, and corporate culture
  • Essays on environmental and social issues
  • Essays in asset pricing and labor economics
  • Essays in empirical corporate finance : the impact of economic uncertainty on the financial markets
  • New directions in empirical asset pricing : information, innovation, and stock returns

Related Programs

Same specialization.

  • Master of Science in Business Administration in Finance (MSCB)

Same Academic Unit

  • Doctor of Philosophy in Business Administration in Accounting (PhD)
  • Doctor of Philosophy in Business Administration in Management Information Systems (PhD)
  • Doctor of Philosophy in Business Administration in Management Science (PhD)
  • Doctor of Philosophy in Business Administration in Marketing and Behavioural Science (PhD)
  • Doctor of Philosophy in Business Administration in Organizational Behaviour (PhD)
  • Doctor of Philosophy in Business Administration in Strategy and Business Economics (PhD)
  • Doctor of Philosophy in Business Administration in Transportation and Logistics (PhD)
  • Doctor of Philosophy in Business Administration in Urban Land Economics (PhD)
  • Master of Business Administration (MBA)
  • Master of Business Analytics (MBAN)
  • Master of Management (MM)
  • Master of Science in Business Administration in Management Information Systems (MSCB)
  • Master of Science in Business Administration in Transportation and Logistics (MSCB)
  • Professional Master of Business Administration (PMBA)

Further Information

Specialization.

Finance at UBC covers research interests ranging from game-theoretic models of corporate finance, to applications of Bayesian analysis in empirical finance, to theoretical modeling of equilibrium asset pricing.

UBC Calendar

Program website, faculty overview, academic unit, program identifier, classification, social media channels, supervisor search.

Departments/Programs may update graduate degree program details through the Faculty & Staff portal. To update contact details for application inquiries, please use this form .

phd in finance university of toronto

The city and the sea

Take a break from studying with opportunities at your fingertips. Whether you want to settle down in a café or take your research outdoors, we have a place for you.

  • Why Grad School at UBC?
  • Application & Admission
  • Info Sessions
  • Research Projects
  • Indigenous Students
  • International Students
  • Tuition, Fees & Cost of Living
  • Newly Admitted
  • Student Status & Classification
  • Student Responsibilities
  • Supervision & Advising
  • Managing your Program
  • Health, Wellbeing and Safety
  • Professional Development
  • Dissertation & Thesis Preparation
  • Final Doctoral Exam
  • Final Dissertation & Thesis Submission
  • Life in Vancouver
  • Vancouver Campus
  • Graduate Student Spaces
  • Graduate Life Centre
  • Life as a Grad Student
  • Graduate Student Ambassadors
  • Meet our Students
  • Award Opportunities
  • Award Guidelines
  • Minimum Funding Policy for PhD Students
  • Killam Awards & Fellowships
  • Policies & Procedures
  • Information for Supervisors
  • Dean's Message
  • Leadership Team
  • Strategic Plan & Priorities
  • Vision & Mission
  • Equity, Diversity & Inclusion
  • Initiatives, Plans & Reports
  • Graduate Education Analysis & Research
  • Media Enquiries
  • Newsletters
  • Giving to Graduate Studies

Strategic Priorities

  • Strategic Plan 2019-2024
  • Improving Student Funding
  • Promoting Excellence in Graduate Programs
  • Enhancing Graduate Supervision
  • Advancing Indigenous Inclusion
  • Supporting Student Development and Success
  • Reimagining Graduate Education
  • Enriching the Student Experience

Initiatives

  • Public Scholars Initiative
  • 3 Minute Thesis (3MT)
  • PhD Career Outcomes
  • Faculty & Research Directory
  • Sophie Lucyk Virtual Library
  • Research Grants
  • Peer Reviewed Publications
  • Faculty Books
  • Labs, Projects, Networks & Institutes
  • What We Offer
  • Master of Social Work (MSW)
  • PhD Program
  • Collaborative Specializations
  • Continuing Education
  • Main Office and Services
  • Policies & Orientation
  • Student Life & Services
  • Dates & Deadlines
  • All Timetables
  • Financial Support
  • Graduation & Convocation
  • About Practicum
  • Current Information for Students
  • Field Instructors
  • Practicum Administration System (PAS) Login
  • Partner Organizations
  • Simulation Learning
  • Our History & Donor
  • What is Simulation-Based Teaching & Learning?
  • Using Simulation in Assessment (OSCE)
  • Practice Fridays
  • Publications
  • Dean’s Message
  • Endowed Chairs
  • Canada Research Chairs
  • Community Chairs
  • Administration & Staff
  • News & Announcements
  • Alumni Association
  • Alumni Mentoring Program
  • Distinguished Speakers Series
  • Podcast: Profiles in Social Work
  • How to Stay Connected and Get Involved
  • Update Your Contact Information
  • COVID-19 updates
  • Donate Online
  • Other Donation Options

Start of breadcrumb trail navigation

is the current page

End of breadcrumb trail navigation

  • FIFSW’s Academic Strategic Plan
  • Dean’s Advisory Council
  • Diversity & Equity
  • Academic Appointments
  • Faculty Job Postings
  • Admission Requirements
  • Application Portal
  • Application Fee
  • Curriculum Vitae (CV)
  • Personal Statement
  • Field Practicum Experience
  • Application Deadlines
  • Black Student Application Program
  • Indigenous Student Application Program
  • Acceptable Research Courses
  • MSW Tuition Fees
  • Frequently Asked Questions
  • Information for international students
  • Information Sessions
  • MSW-ITR Booklet
  • Admission Requirements: MSW-ITR Field of Study
  • Application Instructions and Deadlines
  • MSW-ITR Financial Assistance
  • PhD Program Admission Requirements
  • How to Apply
  • Application Support Documentation Procedures & Requirements
  • International Applicants
  • Informational videos
  • The Sophie Lucyk Virtual Library
  • FIFSW Teaching Awards 
  • Applying to be a Postdoctoral Fellow
  • MSW – Two-Year Program
  • MSW – Program with Advanced Standing
  • MSW-ITR Student Manual [PDF]
  • Children and their families
  • Human services management and leadership field of study
  • Mental health and health
  • Social justice and diversity
  • Social work in gerontology
  • MSW Combined Programs
  • PhD Manual and Forms
  • Coursework Requirements

PhD Financial Support

  • Comprehensive Exam Proposal and Annotated Bibliography Requirements
  • Comprehensive Exam Guidelines
  • Thesis Proposal
  • Final Oral Examination
  • Supervision
  • PhD Students
  • Interprofessional Education Curriculum
  • Responding to your offer
  • How to clear conditions of admission
  • Create your student accounts
  • MSW practicum information
  • Accessibility at FIFSW: What You Need to Know
  • Academic Integrity
  • Reporting Equity, Diversity, and Inclusion Concerns 
  • MSW and PhD Buddy Program
  • Student Ambassador Program
  • Mental Health Resources
  • Phi Alpha Honor Society for Social Work
  • Student Associations
  • Coursework Extensions/Late Assignments
  • 2024 Summer Session
  • Student Finances
  • International Students
  • Important Health and Safety Information
  • Year 1 PAS Schedule and Instructions
  • Vulnerable Sector Check Application Process
  • Year 2/Advanced Standing Practicum Matching Process
  • Practicum 1 Opportunities
  • Practicum 2 Opportunities
  • Summer 2024 practicums
  • Frequently Asked Questions by Students
  • Course Add, Drop, and Extension Forms for Practicum
  • Becoming a Field Instructor
  • Team Member Roles and Responsibilities
  • Types of Social Work Practice: Direct and Indirect
  • Practicum Supervision Models
  • Practicum Settings
  • Requirements
  • Important Elements of a Successful Practicum
  • Learning Contract
  • Reflective Journal
  • When students receive a “No Credit” (NCR)
  • Feedback and Support
  • Practicum 1 Time Requirements
  • Practicum 2 Time Requirements
  • Time Management Policies
  • Practicum 1 Matching
  • Practicum 2 Matching
  • Interview Process and Tips for Students and Field Instructors
  • Practicum 1 Competencies
  • Practicum 2 Competencies
  • Accessibility FAQs
  • Code of Ethics and Professional Practice
  • Student Safety
  • Privacy and Information Security
  • References and Records
  • Resolution of Problems
  • Matching, Need-to-Knows, Evaluation
  • 40-hour Community Intervention
  • ITR Practicum FAQs
  • ITR Partner Agencies
  • Year 1 Schedule
  • Year 2/Advanced Standing Schedules
  • Summer Practicum Schedules
  • Field Instruction Standards
  • Orientation for Potential Field Instructors
  • Accessing the Evaluation Tool on the PAS
  • Training – Relational Context of Supervision
  • Professional Development Schedule
  • ITR Field Instruction Standards
  • Bertha Rosenstadt Trust Showcase
  • Social Identity Wheel
  • Contact Information
  • Absence Declaration Forms
  • 7 PhD dissertations examining critical issues
  • Leadership to Impact
  • Service to Impact
  • Teaching to impact
  • Alumni Impact
  • About the Policy Bench
  • Partnerships
  • News & Events
  • Funding & Other Opportunities
  • RESEARCH Impact
  • TEACHING Impact
  • LEADERSHIP Impact
  • PUBLIC Impact
  • PhD students making an impact
  • ALUMNI Impact
  • Click here to read a PDF of FIFSW’s 2021-2022 Year in Review
  • Research Team

FIFSW PhD Funding Package

FIFSW offers a minimum level of financial support for PhD students who are engaged in full-time studies during the first five years of study in the PhD program. This funding package is part of FIFSW’s ongoing commitment to support students to be successful and is intended to offset the costs of graduate education. The value of the FIFSW minimum base funding package is equivalent $19,600* after tuition and fees.

The funding package generally consists of a combination of University of Toronto and FIFSW awards and fellowships, funding from major/external awards (e.g., SSHRC, CIHR, OGS), and employment income in FIFSW (e.g., research and teaching assistantships). International students also receive funding for the University of Health Insurance Plan.

To maintain eligibility for the base funding package, students must be registered as a fulltime student in good standing. Additionally, students must apply for major/external awards (e.g., SSHRC, CIHR, OGS) for which they are eligible. External awards are considered part of the financial support package however, additional “top-up” departmental funding for some awards is provided.

• All students are responsible for paying tuition and fees on their own through ACORN services . Student who are in the funded cohort, may request a fee-deferral.

• Registered students who are beyond the funded cohort are eligible for research and teaching positions but are not eligible for the funding package. See SGS guidelines for final-year fees for doctoral students.

• You may request to register without payment (i.e., make a fee deferral) through ACORN if you have no outstanding fees from a previous session and are the recipient of one of the following, which exceeds the Minimum Payment to Register amount on your ACORN invoice: a) University of Toronto Fellowship b) Ontario Student Assistance Plan (OSAP) loan, other provincial government loan, or c) a USA government loan.

A. Funding Package Breakdown for Students Pre- and Post-Candidacy

The composition between University of Toronto Fellowship (UTF) and employment opportunities (e.g., research assistantships) varies for students who are pre- and post-candidacy.

*Based the Tuition and Fee schedule for 2023 – 2024 **International students will also receive funding to cover the University Health Insurance Plan

1. For students who have not received their candidacy by January 31, 2024:

Students who are pre-candidacy will receive a total of $18,250 for their University of Toronto Fellowship, which is disbursed in two instalments over the fall and winter terms of the academic year. The remaining $9,564 from the funding package will consist of a combination of employment income and other internal funding sources (e.g., teaching assistantships, research assistantships, or internal awards and bursaries).

2. For students who have received their candidacy by January 31, 2024:

Students who have achieved PhD candidacy by January 31st of the academic year, will receive a total of $20,250 for their University of Toronto Fellowship. UTF, which is disbursed two instalments over the fall and winter terms of the academic year. The remaining $7,564 from the funding package will consist of a combination of employment income and other internal funding sources (e.g., teaching assistantships, research assistantships, or internal awards and bursaries).

B. Top-up Funding for OGS & regular SSHRC Award Recipients

For students who receive an OGS or regular SSHRC award, the award amount is factored into your base funding, and you will receive top-up funding relative to your progress in the PhD program.

• Top-up of $6,750 will be provided to students who have not received their candidacy by January 31, 2023.

• Top-up of $8,250 will be provided to students who have received their candidacy by January 31, 2023.

• Students who hold a higher valued major external award, such as CGS-SSHRC, CIHR doctoral awards or the Vanier, are not eligible to receive top-up funding.

• Top-up funding only applies to students in Years 1 to 5 .

C. Students who hold a higher valued major external award (e.g., CGSSSHRC, CIHR doctoral awards, and Vanier award

For students who receive a higher valued major external award (e.g., CGS, SSHRC, CIHR doctoral award, and Vanier award, the award amount is factored into your base funding, As the award value exceeds the Faculty’s minimum funding commitment, students who receive one of the higher value major external awards, are not eligible for top-up funding.

Eligibility

1. To be eligible for the funding commitment, students are required to be engaged in fulltime studies for the academic year so that they can pursue their education within the necessary time requirement and commit fully to their education. Full-time is defined as being registered as a full-time student each academic session.

2. Students are required to make satisfactory progress through the program as defined by the School of Graduate Studies . A PhD student by the end of August of the third year is expected to have completed all program requirements exclusive of the Thesis (i.e., course work, Comprehensive Exam Proposal, Comprehensive Exam and Thesis Proposal approved by their committee). The research, writing and oral examination of the Thesis should be completed by the end of the fifth year of the program. Students on file with the University Accessibility Services follow a specific plan that is appropriate. Students who are on a leave of absence (health, parental, or other) in Years One through Five are not eligible for funding during the time absent. The time to completion clock will stop for students who are on approved leave until they return to full-time study.

Note: If a student has a disability or medical condition impacting their timeline, they may register with Accessibility Services and speak to their assigned Advisor regarding an appropriate, specific plan to complete their program.

3. Students must demonstrate evidence of applying for major/external funding.

4. Starting from the second year, all PhD students are required to complete an annual progress report with their supervisors, typically due June 1st. The annual report documents the student’s progress towards completing major milestones in the PhD program (e.g., coursework, comprehensive exam, thesis) which are required to maintain “good standing” in the program.

5. Students are required to apply for research assistantships and/or teaching positions and other internal funding opportunities that are advertised within the Faculty in order to maintain eligibility for internal sources offered by the Faculty as part of the minimum funding commitment. The minimum funding commitment from Interna sources will vary based on the student’s candidacy status as follows:

• FIFSW offers a minimum of $9,564 from internal sources to students in the funded cohort who are pre-candidacy.

• FIFSW offers a minimum of $7,564 from internal sources to students in the funded cohort who are post-candidacy.

Students who are unable to secure the minimum value of their funding commitment from internal sources by the start of the winter term (e.g., typically the first week in January) should submit a request to the PhD Program Director by the end of January, so they can assist the student in identifying suitable internal sources of funding.

Students who do not to apply for research assistantships, the Royal Bank Fellowship and/or internal funding opportunities for which they are eligible will receive UTF funding only and forfeit the remainder of the Faculty’s minimum funding commitment.

PhD Program Declaration of Funding

In June of each academic year, students who enrolled in Years One through Five will be asked to submit a declaration of funding form. The declaration form will be sent by the FIFSW PhD Program. In this form the student should indicate sources of internal and external funding (OGS, SSHRC, and CIHR) they have applied for or have received for the upcoming academic session and declare that they are eligible for the funding package. Information from this form will be used to determine students’ eligibility for the Base Graduate Funding Package in the following academic year.

FIFSW Internal Awards

FIFSW offers a number of internal scholarships/bursaries to full-time PhD students. A typical award value for PhD students ranges from $1,000 to $4,000.

The online application period typically takes place during the fall term. Learn about the full list of internal scholarships and awards . All internal awards and fellowships are considered part of the Faculty’s funding commitment to PhD students.

Royal Bank of Canada Graduate Fellowships in Applied Social Work Research

Royal Bank Fellowships valued at $10,000 (typically 5 awards per year) are available annually to PhD students as research internships in areas of faculty research. Information about application deadlines will be sent out to students in the summer through email. Students will have the opportunity to review faculty research project submissions and indicate/rank which projects best meet their research interests. Students submit their application to the PhD Program’s email at: [email protected] .

NOTE: Two-thirds of these fellowship awards are specifically earmarked for students with financial needs. The rest are based on merit. Recipients of these awards will receive disbursements in two installments, with half disbursed in mid-September and half in early January.

Conference and Research Travel Support

FIFSW Conference Bursary

The FIFSW Conference Bursary provides support for FIFSW students presenting at academic conferences. Students can apply for this bursary prior to receiving confirmation that their conference submissions have been accepted.

The maximum bursary amount is $500, as provided as a form of reimbursement after conference attendance.  It is meant to offset the expenses to participate in the conference rather than to cover full expenses.

Please read the following information carefully to understand whether you are eligible, how to apply, and the required documentation. Please note that the requirements and process for this fund are different from those of the School of Graduate Students Conference Grant.

Eligibility :

  • You are re-registered in a graduate program at FIFSW at the time of application  and  at the time of the conference
  • Have applied to present on research related to your FIFSW program as an author on a poster, paper, or roundtable presentation at a refereed conference. Conferences are refereed if presentations are selected for inclusion in the programme following a peer-review process. You may apply for the bursary even if you have not yet received confirmation that your conference submission has been accepted
  • You may receive the bursary for only one conference per academic year (September to August)
  • Your supervisor’s approval is required (via email). Your supervisor’s approval shows that your presentation is related to your research and/or to your program of study. Students in the MSW program may use the MSW Director’s approval if they do not have a supervisor

Eligible expenses:

  • Registration and membership fees, including conferences attended online
  • Expenses incurred when travelling to a conference, including conference registration fees, membership fees, transportation, and accommodation are eligible for reimbursement
  • Funding can only be used for the conference listed on your application
  • and you are eligible to apply to both bursaries if your expenses exceed the amount of both bursaries
  • If you were approved for the bursary but are no longer a registered student on the date of your presentation you are not eligible to submit a reimbursement claim

When attending conferences outside of Canada:

If you are travelling outside of Canada for the conference, you must follow the instructions and steps listed on the Safety Abroad Office website for completion of the Safety Abroad pre-departure requirements well in advance of your travel abroad.

These requirements include:

That you comply with university travel guidelines and restrictions. For the most up to date information, refer to the  U of T COVID-19 Information for Students webpage .

Safety Abroad procedures are mandatory for all U of T students travelling outside of Canada, including to the U.S.A., and must be completed before the travel occurs (regardless of receiving SGS Conference Grant support). Travel for in-person conferences that is conducted without prior completion of all Safety Abroad requirements would render students ineligible.

The following steps must be completed prior to departure for in-person conferences:

  • Review the  Safety Abroad website  for details on what action is necessary prior to your travel date;
  • Contact the Safety Abroad Office directly by emailing  [email protected]  to discuss your planned travel and be added to the  Safety Abroad Registry ;
  • Complete the online  Safety Abroad pre-departure workshop  (valid for 1.5 years); and
  • Obtain supplementary health insurance (if not already covered).

How to apply:

Submit the  FIFSW Conference Bursary form , ask your supervisors to complete the  FIFSW Conference Bursary Approval form  and email  [email protected]  once these two steps are completed.  If you are travelling abroad please include proof that you have completed the  Safety Abroad pre-departure workshop  and were added to  Safety Abroad Registry  in the same email.

Students can apply for this bursary prior to receiving confirmation that their conference submissions have been accepted.

To receive funding:

Upon return of the conference, submit:

  • Expense Reimbursement form
  • Original receipts (note that for airfare, original boarding passes are required)
  • Proof of conference attendance which includes your name, the title of your paper, the date of your presentation, and the name of the conference. (e.g., a copy of the conference program or a website printout)
  • Original receipts (note that for airfare, original boarding passes are also required)
  • If you have paid by credit card, submit a credit card statement that includes the name of the cardholder and the last four digits of the credit card number. For privacy reasons, please block out any charges on your statement that are unrelated to your reimbursement claim
  • If you have incurred expenses in a foreign currency, expenses will be calculated according to the exchange rate on your credit card or bank statement. If you do not have a credit/bank statement, the FIFSW Registrar’s Office will determine the appropriate conversion rate

Supporting documents must be submitted within 45 days of the last day of the conference, or within 45 days of receiving application results.  You must be a registered student at the time of the conference to be eligible to claim the funding.

Send your documentation through to [email protected] the with the email address included on your ACORN profile.

Decisions are final and will be sent to you via email. Please check that email from [email protected] has not been directed to your junk email folder.

SGS Conference and Research Travel Grant Links

The School of Graduate Studies (SGS) also offers grant opportunities for conference and research travel for PhD students.

Doctoral Completion Award (DCA) – Year 6

Registered students will be required to pay fees if enrolled in the sixth year but will not be eligible for the funding package. Registered students continue to be eligible for research and teaching positions.

A Doctoral Completion Award (DCA) is available for eligible students in Year Six. The DCA is a competitive award intended to provide students with funding to assist them in completing their degrees by the end of the sixth year. The amount will vary from year to year based on the funding allocation and number of eligible students. Funding can begin in the month of May between the 5 th and 6 th year. Students can receive funding while registered for one, two, or three terms (i.e., a student can receive DCA funds from May to December, if they graduate in December).

Students may apply for OGS for the sixth year of the PhD Program.

Home

  • View your wishlist
  • Share on Facebook
  • Share on LinkedIn

ABOUT THIS PROGRAM

Establish yourself as a contender in the competitive world of finance with programming that will help you strengthen your financial analysis skill set, expand your knowledge of trading, asset valuation, and forecasting, and help you become a more confident decision-maker.

Our finance programming includes courses and certificate programs in financial modelling, financial accounting, and corporate finance, providing you with the tools you need to explore opportunities in finance, trading, investment, and portfolio management.

Course Spotlight

{{ course.d_course_name }}

Available Certificates ({{ data.certificates.length }})

  • {{ certificate.d_certificate_name }}

Course Search

Delivery Method

We currently have {{ courses.length }} Course(s) in {{ data.name }}

Viewing {{ ((pagination.currentPage-1) * pagination.numPerPage) + 1 }} - {{ filteredData.length }} pagination.currentPage*pagination.numPerPage && pagination.numPerPage">{{ pagination.currentPage*pagination.numPerPage }} of {{ filteredData.length }} result(s)

{{ course.d_course_code }} - {{ course.d_course_name }}

{{ course.lowest_fee }}

Sorry, no courses were found that matched your search criteria.

Sign up with us to receive the latest news about our courses and programs, speaker series, course bundles and more.

  • U of T Home
  • Current Instructors
  • Policies and Guidelines
  • Help and Information
  • Blueprint Career Services
  • Organizational and Corporate Training
  • PSE Preparedness
  • Knowledge Hub
  • Financial Aid
  • Biomanufacturing
  • Micro Courses and Micro-Credentials
  • Microsoft Canada Skills Program
  • Professional Edge Program
  • Passing the CFA® Exams
  • Passing the Canadian Securities Course®
  • SCS Boot Camps
  • SCS XR Courses
  • Skill Builder Courses
  • Health, Environment, and Science
  • Life and Leisure
  • Philosophy and Law
  • University Lecture Series
  • Visual Art and Architecture
  • Business Analysis
  • Entrepreneurship
  • Human Resources
  • Occupational Health and Safety
  • Process Improvement
  • Project Management
  • Test Preparation
  • Career Development
  • Workplace Communications
  • Creative Non-Fiction
  • Escritura Creativa en Español
  • Literary Fiction
  • Multi-genre
  • Poetry and Songwriting
  • Popular Fiction
  • Stage and Screenwriting
  • U of T Summer Writing School
  • Writing for Children
  • Public Health
  • Human Services and Social Work
  • Medical Sciences
  • Mindfulness
  • Continuous Professional Development
  • International Pharmacy Graduate Program
  • Building Science and Architecture
  • Engineering and Applied Science
  • Environment and Sustainability
  • Information Management
  • Information Technology (IT)
  • Property & Facilities Management
  • Arabic Translation
  • Spanish Translation
  • Portuguese Translation
  • Japanese Translation
  • French Translation
  • Chinese Translation
  • Korean Translation
  • Business English for International Professionals
  • Learning Design
  • Multimedia Journalism
  • Communications
  • Public Relations
  • Partnerships with Associations and Certifying Bodies
  • U of T Partnerships
  • English Language Program
  • Educational Credential Assessment
  • Leadership Team
  • Academic Leadership
  • Teach with us
  • Instructor Awards and Recognition
  • Instructor Biographies
  • Equity, Diversity, and Inclusion Commitments
  • Our History
  • Media Inquiries
  • Curious U Blog

Follow U of T News

Investment in advanced talent key to Canada’s success in the knowledge economy: U of T study

a woman looks over a resume while the candidate looks on

(photo by Xavier Lorenzo/Getty Images)

Published: May 15, 2024

By Adina Bresge

PhD graduates are experiencing growing demand for their knowledge and skills across multiple sectors – further evidence that strategic investments in advanced talent support Canada’s global competitiveness.  

A new  Career Outcomes study , led by the University of Toronto’s School of Graduate Studies, finds that while U of T continues to be Canada’s leading generator of academic talent, an increasing number of PhD graduates are also finding success in the private sector.

Employers now recognize that universities are both generating new discoveries and training the industry leaders they need, says  Joshua Barker , vice-provost, graduate research and education and dean of the School of Graduate Studies.

“What we’re seeing is that U of T is playing a role in bringing advanced researchers, with their specialized knowledge and skills, into the workforce,” says Barker, who recently joined academic, industry, government and other leaders to discuss the study at an event hosted by the Munk School of Global Affairs & Public Policy and U of T’s Government Relations Office – part of the New Frontiers for Policymakers policy discussion series.

“The more pathways there are to move back and forth between university, industry and non-profit, the better it is for a robust, resilient and competitive economy.”

The Career Outcomes study shows that professional paths for U of T’s PhD graduates are expanding, based on a survey of publicly available data on roughly 16,000 alumni over the past two decades .

While the post-secondary sector remains the primary employer for PhD graduates, the study shows a nearly 10-per-cent rise in private sector employment for PhD grads when comparing the 2000-2015 and 2016-2021 cohorts – from 19 per cent to 27 per cent. 

The top industries hiring PhD graduates include life sciences, engineering, trades and transportation and health and information technology. 

PhD graduates in the physical sciences, meanwhile, were the most likely to find employment in the private sector, amounting to nearly 43 per cent of all alumni as of 2022. Major employers included Google, Intel and Royal Bank of Canada.

At present, only about one per cent of Canadians have a PhD degree. But this number may rise following the federal government’s recent commitment to invest  $825 million over the next five years to increase the value and number of scholarships for master’s students, PhD students and post-doctoral fellows .

“The recent investment that the federal government made has a huge impact for us, and I think it will help accelerate some of the trends that we’re seeing,” says Barker, adding that sustained support is necessary to develop the pipeline of advanced research talent to fuel Canada’s innovation ecosystem.

""

That includes startups such as Toronto-based Xanadu , founded by former U of T post-doc  Christian Weedbrook , which is working to build the world’s first photonic-based, fault-tolerant quantum computer. 

“We still have a long way to go from a research perspective,” says  Rafal Janik , Xanadu’s chief operating officer, who attended the New Frontiers event and talked about why the company recruits PhD graduates. “I think our entire team has post-graduate degrees. I think everybody has some connection to U of T from that space as well.”

The study also finds a notable uptick in private sector employment among PhD graduates in the life sciences, with nine per cent more graduates from 2016-2021 in industry jobs compared to the previous cohort.

The non-profit adMare BioInnovations is playing a role in moving PhD graduates’ research out of the lab so it can be turned into new treatments and therapies.

"The adMare Academy offers programming that enables PhD graduates and others to see the commercial potential in their research and to understand what it takes to translate that research into commercially viable therapeutics,” says  Ann Meyer , director of adMare’s BioInnovation Scientist Program.

It’s not only STEM fields where PhD grads are finding private sector employment.

The study shows that nine per cent of humanities graduates worked in the private sector in 2022, with many in this group exploring fields outside academia including media and publishing (15 per cent), arts and culture (35 per cent), education (10 per cent) and banking and finance (seven per cent). 

At the same time, the post-secondary employment pattern for social sciences graduates remains steady. More than half are in tenure-track roles at Canadian universities, and a fifth are in teaching-focused positions at universities and colleges.

Overall, 47 per cent of all PhD graduates over the study period were employed in the post-secondary sector.

With about 1,000 PhD graduates a year, U of T trains one in seven of Canada’s doctorate holders and plays a pivotal role in advancing the exchange of ideas that drives Canada’s prosperity and progress. 

“U of T is continually replenishing and rejuvenating the workforce across higher education,” Barker says. “These institutions, in turn, train the next generation of undergrad and graduate students who will go out and work across the economy.”  

Share this page

The Bulletin Brief logo

Subscribe to The Bulletin Brief

More u of t news.

""

  • Doctor of Pharmacy (PharmD)
  • PharmD for Pharmacists
  • Graduate Department of Pharmaceutical Sciences
  • Pharmaceutical Chemistry Specialist
  • International Pharmacy Graduate Program
  • Continuing Professional Development
  • Pharmaceutical Industry Residency Program

header pattern

Tuition and Financial Assistance

CPS 1 Tuition: $6965 CAD CPS 2 Tuition: $6965 CAD

Funding Opportunities

Ontario bridging participant assistance program.

The  Ontario Bridging Participant Assistance Program (OBPAP).   is a needs-based program that provides up to $5,000 in bursary assistance to students with financial need attending non-OSAP approved Ministry of Colleges, and Universities (MCU) funded bridge training programs. The program assists students to offset direct educational costs (tuition and books) for bridge training offered by Ontario publicly assisted colleges and universities. Financial need is determined by the postsecondary institution's policies governing student financial need.

Bursary assistance is only available during the bridge training period for eligible programs commencing between April 1, 2024 and March 31, 2025. Students who began and completed an approved bridge training program between those dates will be allowed to apply for the  OBPAP bursary 2024-2025.

How do I apply for OBPAP?

The IPG program typically receives confirmation regarding funding eligibility in March 2025. Learners enrolled in the program will be emailed with link on their UofT email to apply for OBPAP funding in November 2025, additional information will be provided to learners during program orientation week . 

Can I apply for OBPAP before enrolling in the IPG program?

No, you must be registered and enrolled in the program to apply for OBPAP

Funding Decisions Ministry funding decisions will be made in March 2025. Once funding has been determined, applicants will be contacted on their UofT email notifying them of the funding decision. Learners who are awarded OBPAP will receive the funds via direct deposit by April 30, 2025.

Charlotte Tannenzapf Memorial Award in Clinical Skills in Medication  Management

The Charlotte Tannenzapf Memorial Award in Clinical Skills in Medication Management is a merit based award of approximately $300. Awarded to the International Pharmacy Graduate student in good academic standing, who has achieved at least 75% in the Clinical Skills in Medication Management course and have the highest grade in the course. Once award funds have been determined, the learner who meets the award criteria will be contacted.

About the Charlotte Tannenzapf Memorial Award in Clinical Skills in Medication Management

In 2019 Dr Renate Krakauer started the Charlotte Tannenzapf Memorial Award in Clinical Skills in Medication Management. A graduate of the Leslie Dan Faculty of Pharmacy at the University of Toronto in 1963, Dr. Krakauer worked in hospital, community and industry settings. After obtaining a Master’s in Environmental Studies degree, she worked in the municipal and provincial sector. As President and CEO of The Michener Institute for Applied Health Sciences, she obtained a Doctor of Education degree from the University of Toronto and was granted an honorary Doctor of Health Studies degree from Charles Sturt University of Australia. Dr. Krakauer is the daughter of Charlotte Tannenzapf.

International Pharmacy Graduate (IPG) Alumni Bursary

The IPG Alumni Bursary was established by the IPG Alumni Committee to help alleviate some of the financial burden on IPG students. The bursary provides approximately $500 in assistance to up to two learners with financial need attending the International Pharmacy Graduate (IPG) at the Leslie Dan Faculty of Pharmacy.

Eligibility Requirements

The bursary is to be awarded to full-time, International Pharmacy Graduate (IPG) student(s) at the University of Toronto, Leslie Dan Faculty of Pharmacy, that demonstrate financial need. Please note that funding is limited, and completion of the application does not guarantee being awarded the IPG Alumni bursary.

Application Process

Once funding is determined, learners enrolled in the IPG program will be invited to apply.

Financial Assistance

Learners may be eligible for private loans:

  • Windmill Microlending
  • ScotiaLine from Scotia Bank
  • Pharmacy's Pandemic Response
  • Leverage Our Expertise
  • Student Spotlight
  • By the Numbers
  • Our Research
  • Our Education
  • Our Community
  • Message from the Dean
  • Champion Equity, Diversity, and Inclusion
  • Educate Pharmacy for Tomorrow
  • Deliver Impact through Cutting-Edge Discovery
  • Build Leadership, Wellness and Community
  • Advance Use of Digital Technology
  • Support Sustainability in Health Care
  • What pharmaceutical sciences research areas can I explore?
  • What pharmaceutical sciences graduate degrees are offered?
  • What courses can I take as a pharmaceutical sciences graduate student?
  • What are the application requirements for a pharmaceutical sciences graduate student?
  • How do I find a supervisor?
  • How much does graduate school cost?
  • What is the application deadline for the graduate department of pharmaceutical sciences?
  • Sign up to learn more
  • How to become a pharmacist
  • Why should I become a pharmacist?
  • What are the Leslie Dan Faculty of Pharmacy Admission Requirements
  • What high school courses are required to become a pharmacist in Canada?
  • What university program should I take before applying to pharmacy school?
  • How much is pharmacy school tuition?
  • Why should I choose to earn my PharmD at the Leslie Dan Faculty of Pharmacy
  • What can pharmacists do other than fill prescriptions?
  • Upcoming Events
  • News Stories
  • Pharmacy Leadership and Education

Rotman School of Management, University of Toronto

Main Content

Admission to the Accounting PhD Program

What are we looking for.

Accomplished graduate students with an undergraduate, Masters or MBA in Accounting, Economics, Finance, quantitative methods, or related fields represent our ideal recruits. Find out what makes a successful applicant to the PhD program, Accounting.

APPLICATIONS FOR SEPTEMBER 2024 ARE NOW CLOSED. Applications for Fall 2025 will be open in September 2024.

The Rotman PhD program in Accounting is looking for accomplished graduate students with an MBA or masters in Accounting, Economics, Finance, quantitative methods, or related fields. Professional accounting designations are not mandatory but are an asset. Similarly, strong professional experience would also be an asset.

Outstanding undergraduates

We admit a select few outstanding undergraduates with a strong background in Accounting, Economics, Finance, quantitative methods or related fields directly into the PhD Program.

Transfers from PhD programs in Economics and Related Fields

We will also consider students who have done extremely well in their first or second year of their PhD program and are interested in transferring to Accounting.

Admission is highly competitive

We only admit two-to-four students each year from a pool of 80-100 applicants. Successful applicants in the past have demonstrated their excellence through outstanding undergraduate grades, top scores on GMAT/GRE , strong reference letters, excellent quantitative skills and other indications of an interest and ability to achieve excellence in research on accounting-related topics. Accounting PhD students join a broader graduate-student community that includes a current cohort of 80 Rotman PhD students in seven academic areas.

Before being offered admission selected students will be interviewed via video conference/telephone and may be invited to visit the campus. The program can be completed in four to five years,depending upon prior training and student progress.

Find out more about Admission to the PhD Program

The Rotman School of Management is accredited by the Association to Advance Collegiate Schools of Business (AASCB)

NU experience logo

QUICK LINKS

Degrees and programs powered by experience

Undergraduate

phd in finance university of toronto

NEWS, DISCOVERY, AND ANALYSIS FROM AROUND THE WORLD

phd in finance university of toronto

Explore our global campuses

Find unique opportunities for experience-powered learning and discovery.

arlington-campus

Our hub for research and graduate education at the intersection of technology, security, and policy

Explore Arlington

IMG_Boston_Mural-1

Massachusetts

Established in 1898, our first campus is a comprehensive hub for learning, discovery, and urban engagement

Explore Boston

IMG_Burlington_Drone

Home to world-class national security and defense research and a magnet for science-based startups

Explore Burlington

Charlotte-campus

North Carolina

An engine for professional education in the life and health sciences

Explore Charlotte

london-campus

Our hub in Europe, with undergraduate and postgraduate degrees—including a U.S./U.K. double degree—and world-leading network science research

Explore London

miami-campus

Graduate education and entrepreneurship programming to support the rapidly transforming finance and tech economies

Explore Miami

nahant-campus

A vibrant center for coastal sustainability research and innovation

Explore Nahant

Oakland Campus

Our West Coast undergraduate campus offering unique entrepreneurship and social impact programming, and home to the Mills Institute

Explore Oakland

portland-campus

An engine for economic development with graduate degrees and research in technology, and home to the Roux Institute

Explore Portland

seattle-campus

Graduate degrees and research focused on the region’s booming tech industry, and undergraduate summer programs

Explore Seattle

sv-campus

Graduate education for high-tech fields in the heart of California’s Big Tech region

Explore Silicon Valley

Toronto-campus

Preparing professionals to thrive in high-demand fields in North America’s third-largest tech market

Explore Toronto

Vancouver Campus

Professional education aligned with British Columbia’s rising startup and high-tech ecosystem

Explore Vancouver

husky pup with students

#LikeAHusky

Plenty of room to do your own thing. Many ways to feel like a Husky.

Northeastern athletics

17 Division I teams, including varsity esports. 55 intramural sports, and 64 club teams. And a packed DogHouse on game nights. Go, Huskies! 

phd in finance university of toronto

Take Action

Quick Links

Campus Locations

NU experience logo

Today, a vanguard of donors is driving Northeastern’s historic $1.3 billion fundraising campaign. With initiatives that span the globe, accelerating outcomes, we’re creating a better world right now. Learn more about our mission

Copyright 2024 Northeastern University

Home

  • Peterborough

Group of students sitting and talking outside Champlain College

International Certificate Programs 2024 Summer - Durham

Payment Amount and due dates?

Registration after payment due dates listed below - fees are due upon registration.

May 1, 2024 - S12 (12 Week Term full credit courses)   May 1, 2024 - S61, SN1 (6 Week Term Full and Half credit courses)   Jun 1, 2024 - S62, SN2 (6 Week Term Full and Half credit Courses) May 1, 2024 - SF (Summer Field Courses) **

July 3, 2024 - Payment due for OSAP and other approved sponsor student for all summer terms.

Drop deadlines for summer courses are very short due to the condensed format. Review the  Financial Refund/Drop Deadlines and Withdrawal Policy  for summer session before registering.

Your account statement is available 24/7 online through your myTrent portal. We do not send bills or invoices by mail or by email. Summer registration fees will be posted on your account statement approximately mid-April.

Your student account is maintained by the University's secure student system. It is where we charge all your fees, and your payments are received. It is every students responsibility to regularly log in and review their own statement of account and that all balances have been paid in full by the deadline date. Fees quoted above exclude housing/meal charges for students accepted into residence. Residence fees, meal plans, books and special course related fees are in addition to the registration fees.

Fee information posted above have not been approved and are estimates pending approval and are subject to change. We aim for accuracy with the fee information on the website, but should there be a discrepancy, Student Accounts assessment will be taken as final. Fees must be paid as indicated on your online statement of account by the applicable payment deadline date(s).

Durham Summer 2024 Tuition Fees - International Post-Graduate Certificate per credit:

Fee information below is for one full credit course. For a half-credit course divide total per credit fee in half.

Field Course Fees: 

Please contact the department for information on field course fees. Please note that students taking a field course are charged the field course fee in addition to the course registration fee (tuition).

Your student account is maintained by the University's secure student system. It is where we charge all your fees, and your payments are received. It is every student’s responsibility to regularly log in and review their own statement of account and that all balances have been paid in full by the deadline dates.

All fees are approved by the Board of Governors and must be paid as indicated on your online statement of account. We aim for accuracy with the fee information on the website, but should there be a discrepancy, Student Accounts assessment will be taken as final.

IMAGES

  1. University of Toronto PhD: Courses, Admission, Stipend

    phd in finance university of toronto

  2. Master Of Accounting And Finance University Of Toronto

    phd in finance university of toronto

  3. University of Toronto School of Continuing Studies Finance

    phd in finance university of toronto

  4. Phd in finance in toronto canada

    phd in finance university of toronto

  5. Master Of Accounting And Finance University Of Toronto

    phd in finance university of toronto

  6. University of Toronto Masters in Finance

    phd in finance university of toronto

VIDEO

  1. University of Toronto: Noushin Nabavi, Cell and Systems Biology, PhD Candidate

  2. PhD specialisation in Finance

  3. University of Toronto Fees 🤯, Canada 🇨🇦 || Watch full review on our channel ||

  4. BYU MBA Program

  5. The problem with ESG and what investors should do about it

  6. An Economic Approach to Ethics

COMMENTS

  1. Finance

    Rotman Finance offers top-tier training from some of the world's leading experts in fields such as risk management, corporate governance, delegated asset management, and behavioural finance. The PhD Program in Finance at the Rotman School trains prospective scholars to become highly skilled and innovative researchers and teachers, and to prepare them for careers as faculty members at premier ...

  2. PhD

    Join a close-knit community of scholars at one of the world's top-ranked centres of management research - at the University of Toronto, in the heart of Canada's vibrant, culturally diverse financial capital. As part of Rotman's PhD program, you'll explore new ideas, develop insights that inspire solutions and help to spark broader conversations among corporate and public leaders

  3. Finance

    We wish to acknowledge this land on which the University of Toronto operates. For thousands of years it has been the traditional land of the Huron-Wendat, the Seneca, and the Mississaugas of the Credit. Today, this meeting place is still the home to many Indigenous people from across Turtle Island and we are grateful to have the opportunity to ...

  4. Accounting and Finance

    The Master of Accounting and Finance Program (MAccFin) is North America's first graduate degree that integrates both accounting and finance business disciplines. Offered at the Scarborough campus (UTSC), MAccFin delivers a world-class, practical educational experience that prepares students for the Chartered Professional Accountant (CPA ...

  5. U of T : Economics : Graduate Programs

    PhD program admission requirements Degree and course requirements. Applicants must have completed, or be in the process of completing a master's degree in economics or a related field with an average of at least B+, or have completed, or be in the process of completing a bachelor's degree in economics or a related field with an average of at least A- in the final two years of study.

  6. PhD Program Requirements

    PhD Program Requirements. Students in the PhD program can conduct research in the fields of 1) Statistical Theory and Applications or 2) Probability or 3) Actuarial Science and Mathematical Finance. The research conducted in the department is vast and covers a diverse set of areas in theoretical and applied aspects of Statistical Sciences.

  7. Finance

    Schulich's PhD in Finance program focuses on developing ground-breaking research in the field of Finance. Through exposure to world-renowned faculty, strong preparatory coursework, and access to comprehensive data sources, the program prepares its graduates to discover and publish new research that can alter how financial markets, individuals, and corporations raise money and invest for the ...

  8. PhD Tuition and Funding

    In 2023-24, the tuition fee for full-time domestic PhD students is $8,213.96. Additional information is available on the Student Accounts website . The base funding package consists of a University of Toronto Fellowship (UTF) and a Research Assistant Stipend (RA Stipend). There is a possibility of top-ups from sources such as the Program-Level ...

  9. Finance

    The PhD Program in Business Administration welcomes applications from individuals planning research-oriented academic careers. As well as gaining access to a world of knowledge and opportunity, Sauder PhD students benefit from the individual attention they receive from faculty members - right from the outset of the program. Our faculty members devote extensive time, energy and effort to ...

  10. PhD Financial Support

    PhD Financial Support FIFSW PhD Funding Package. ... Students who are pre-candidacy will receive a total of $18,250 for their University of Toronto Fellowship, which is disbursed in two instalments over the fall and winter terms of the academic year. The remaining $9,564 from the funding package will consist of a combination of employment ...

  11. Finance

    Establish yourself as a contender in the competitive world of finance with programming that will help you strengthen your financial analysis skill set, expand your knowledge of trading, asset valuation, and forecasting, and help you become a more confident decision-maker. Our finance programming includes courses and certificate programs in ...

  12. Programs of study

    Programs of study. Dive into your interests and develop your passions at U of T. We offer over 700 undergraduate and 200 graduate programs across three campuses in the Greater Toronto Area. From architecture to medicine, music to urban studies, we've got what you're looking for.

  13. Finance, Ph.D.

    Apply to The Global Study Awards and get the chance to receive 10,000 GBP for your study abroad! This funding is powered by ISIC, British Council, IELTS and Studyportals. Go to your profile page to get personalised recommendations! The PhD in Finance program at York University focuses on developing ground-breaking research in the field of Finance.

  14. Investment in advanced talent key to Canada's ...

    PhD graduates are experiencing growing demand for their knowledge and skills across multiple sectors - further evidence that strategic investments in advanced talent support Canada's global competitiveness. A new Career Outcomes study, led by the University of Toronto's School of Graduate Studies, finds that while U of T continues to be Canada's leading generator of academic talent, an ...

  15. Tuition and Financial Assistance

    The bursary provides approximately $500 in assistance to up to two learners with financial need attending the International Pharmacy Graduate (IPG) at the Leslie Dan Faculty of Pharmacy. Eligibility Requirements. The bursary is to be awarded to full-time, International Pharmacy Graduate (IPG) student (s) at the University of Toronto, Leslie Dan ...

  16. Admission to the Accounting PhD Program

    Applications for Fall 2025 will be open in September 2024. The Rotman PhD program in Accounting is looking for accomplished graduate students with an MBA or masters in Accounting, Economics, Finance, quantitative methods, or related fields. Professional accounting designations are not mandatory but are an asset.

  17. Home

    Our hub for research and graduate education at the intersection of technology, security, and policy. Explore Arlington . Boston. ... Graduate education and entrepreneurship programming to support the rapidly transforming finance and tech economies. Explore Miami . Nahant. ... Explore Toronto . Vancouver.

  18. International Certificate Programs 2024 Summer

    Your student account is maintained by the University's secure student system. It is where we charge all your fees, and your payments are received. ... International Post-Graduate Certificate per credit: ... Durham Greater Toronto Area. 55 Thornton Road South Oshawa, ON Canada, L1J 5Y1 Phone: 905-435-5100. Campus Map.