Vienna Graduate School of Finance (VGSF) PhD program

  • Phd
  • Fully Funded
  • 29 January 2017

The Vienna Graduate School of Finance (VGSF) invites excellent students to apply for the PhD Program in Finance (full-time program) starting in the coming academic year.

The VGSF is a center of excellence in finance, located at the new WU campus in Vienna, Austria. Its main activities are academic research and PhD education. The VGSF offers a stimulating learning and research environment to outstanding students from around the world.

Studying at the VGSF consists of two parts: courses and research. A typical sequence of activities starts with doing most of the mandatory courses during the first year. First year students also do (extra-curricular) bridging courses as required. By the end of the second year all mandatory courses must be completed.

Students have to do six (mandatory) elective courses. Usually these are done during the second and third year. Students choose the electives depending on the focus of their research.


The following requirements have to be met in order to be admitted to the PhD Program in Finance:

  • Successful completion of a relevant Master's program or a relevant equivalent degree program at a recognized Austrian or foreign post-secondary institution of education (according to § 64 (4) of the Universities Act 2002).
  • Proficiency in financial economics.
  • Proficiency in mathematics and/or statistics.
  • Adequate English proficiency.
  • Achievement potential.


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The financial support is about 2000 Euros gross per month (14 salaries/year).

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