CINXE.COM

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utmc_section_heading utmc_section_heading_0"> <div class="et_pb_module_inner"> <div class="utm-section_heading--standard utm-section_heading utm-section_heading__outer"><div class="utm-section_heading__content"><div class="utm-section_heading__headline">Finance Ph.D. FAQs</div><div class="utm-section_heading__link"></div></div></div> </div> </div><div class="et_pb_module et_pb_toggle et_pb_toggle_0 et_pb_toggle_item et_pb_toggle_close"> <h3 class="et_pb_toggle_title">When is your due date?</h3> <div class="et_pb_toggle_content clearfix"><p>Our deadline is December 15. We will still accept applications until February 15, but cannot guarantee an application that is submitted/completed after the December 15 deadline will be considered for admission.</p></div> </div><div class="et_pb_module et_pb_toggle et_pb_toggle_1 et_pb_toggle_item et_pb_toggle_close"> <h3 class="et_pb_toggle_title">What factors/characteristics do you consider most relevant in Ph.D. students and that you plan to weigh in admissions?</h3> <div class="et_pb_toggle_content clearfix"><p>The most relevant factors are strong letters of recommendation, test scores, academic records, and a clear rationale for research interests. There is no particular test scores cutoff, but most current students have Quant scores in the 95th percentile and above.</p></div> </div><div class="et_pb_module et_pb_toggle et_pb_toggle_2 et_pb_toggle_item et_pb_toggle_close"> <h3 class="et_pb_toggle_title">Do I have to have a GMAT/GRE score?</h3> <div class="et_pb_toggle_content clearfix"><p>Yes. The Department of Finance has opted to not waive the test scores and it is required to be considered for the program.</p></div> </div><div class="et_pb_module et_pb_toggle et_pb_toggle_3 et_pb_toggle_item et_pb_toggle_close"> <h3 class="et_pb_toggle_title">As an international student, do I have to have a TOEFL/IELTS? Can I substitute the DuoLingo English test?</h3> <div class="et_pb_toggle_content clearfix"><p>For international students, a TOEFL score of 79 on the Internet-based test (iBT) or IELTS, an overall band of 6.5 on the Academic Examination is required. This is a university requirement and not something we can waive. Further, the DuoLingo English test is not accepted at the University.</p> <p><a href="https://gradschool.utexas.edu/admissions/how-to-apply/international-students">Get more information</a></p></div> </div><div class="et_pb_module et_pb_toggle et_pb_toggle_4 et_pb_toggle_item et_pb_toggle_close"> <h3 class="et_pb_toggle_title">Would I be able to have a job during my time in the Ph.D. program?</h3> <div class="et_pb_toggle_content clearfix">Likely not, as our doctoral students keep a full graduate course load of classes (9 hours), as well as a 20 hour TA appointment, as well as weekly doctoral events such as research seminars.</div> </div><div class="et_pb_module et_pb_toggle et_pb_toggle_5 et_pb_toggle_item et_pb_toggle_close"> <h3 class="et_pb_toggle_title">Do you encourage students to connect with a faculty member that they would like to do research with before applying?</h3> <div class="et_pb_toggle_content clearfix">We ask applicants to not connect with faculty members ahead of time as our Graduate Advisor pairs accepted students with faculty members for their Teaching Assistant appointments based on aligned research interests, and personalities. This typically turns into a research relationship and many students use the faculty they TA for as members of their dissertation committee as the relationship grows over the years.</div> </div><div class="et_pb_module et_pb_toggle et_pb_toggle_6 et_pb_toggle_item et_pb_toggle_close"> <h3 class="et_pb_toggle_title">What kind of financial aid is available?</h3> <div class="et_pb_toggle_content clearfix"><p>All candidates receive competitive funding packages upon admittance to our program. This includes fellowship funding (through the Graduate School, or through McCombs), a 20 hour TA appointment (this affords our students a health insurance benefit, as well as something called ‘TRB’ or ‘Tuition Reduction Benefit’ which is applied directly to your tuition cost, and other tuition waivers). The TA appointment also comes with a stipend that students receive monthly. Additional funding is not guaranteed.</p></div> </div><div class="et_pb_module et_pb_toggle et_pb_toggle_7 et_pb_toggle_item et_pb_toggle_close"> <h3 class="et_pb_toggle_title">What skills should I focus on developing prior to the program?</h3> <div class="et_pb_toggle_content clearfix">Additional preparation in Math, Statistics, and Economics is probably the most helpful. Programming skills are also relevant but to a lesser extent.</div> </div><div class="et_pb_module et_pb_toggle et_pb_toggle_8 et_pb_toggle_item et_pb_toggle_close"> <h3 class="et_pb_toggle_title">How is the student-faculty interaction?</h3> <div class="et_pb_toggle_content clearfix">In general, students meet with their advisors weekly, but there is some variation among faculty members; some will meet more frequently while others will meet less often. In terms of research collaboration, students develop research independently, with strong faculty guidance, but it is also common to see students co-authoring papers with faculty.</div> </div><div class="et_pb_module et_pb_toggle et_pb_toggle_9 et_pb_toggle_item et_pb_toggle_close"> <h3 class="et_pb_toggle_title">How do I get an application fee waiver?</h3> <div class="et_pb_toggle_content clearfix"><p>Application fee waivers are offered through the Graduate School of Admissions and are only offered to US Citizens or Permanent Residents.</p> <p><a href="https://gradschool.utexas.edu/how-to-apply#FeeWaivers">View policy and waiver information</a></p></div> </div><div class="et_pb_module et_pb_toggle et_pb_toggle_10 et_pb_toggle_item et_pb_toggle_close"> <h3 class="et_pb_toggle_title">What are the requirements to join the Finance Ph.D. program?</h3> <div class="et_pb_toggle_content clearfix"><p><a href="https://gradschool.utexas.edu/admissions/where-to-begin/eligibility-for-admission-consideration">View UT Graduate School requirements</a></p> <p><a href="/graduate/phd/admissions/apply/">View McCombs requirements</a></p></div> </div> </div> </div> </div> </div> </div> </div> </article> </div> <footer class="et-l et-l--footer"> <div class="et_builder_inner_content et_pb_gutters3"><div class="et_pb_section et_pb_section_0_tb_footer utm-footer et_pb_with_background et_section_regular" > <div class="et_pb_row et_pb_row_0_tb_footer"> <div class="et_pb_column et_pb_column_4_4 et_pb_column_0_tb_footer et_pb_css_mix_blend_mode_passthrough et-last-child"> <div class="et_pb_module et_pb_image et_pb_image_0_tb_footer"> <span class="et_pb_image_wrap "><img loading="lazy" decoding="async" width="284" height="30" src="https://live-red-mccombs-school-of-business.pantheonsite.io/wp-content/uploads/2024/04/mccombs-informal-logo.svg" alt="" title="mccombs-informal-logo" class="wp-image-3682" 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