Departmental website:

Number of graduate students (full-time equivalent)
Research: 25

Number of faculty (full-time equivalent): 37

REF: 86 per cent of the Department's research was rated world-leading or internationally excellent

Location: Old Building

About the Department

The Department of Finance is devoted to excellence in teaching and research in the full range of the subfields of finance, including corporate finance, asset pricing theory, risk management, empirical analysis of capital markets, behavioural finance, portfolio analysis, derivatives pricing, microstructure and financial econometrics.

The Department is one of the largest and most highly-regarded finance groups in Europe. It is closely associated with the LSE's Financial Markets Group which regularly hosts a wide variety of seminars, conferences and public addresses by leading academics and practitioners. With over 200 graduate students selected from a pool of top applicants world-wide, a faculty recruited from the top departments internationally, and a steady flow of distinguished visitors, we provide a stimulating environment for research and learning that is on par with the best in the world.

MRes/PhD Finance

Visiting Research Students

This programme aims to produce students whose research is of the highest international quality, and is designed to provide a broad-based training in theoretical and empirical research methods in finance.

Our programme is unique in its integration of finance and economics. You will take first-year micro and macro courses together with PhD students in Economics, but will differentiate by taking advanced courses in financial econometrics, asset pricing and corporate finance during the first two years of the programme. You will leave with a broad understanding of finance and its relations to other fields in economics.

As one of the largest finance departments in the world, we are able to offer opportunities for research in virtually any field in finance. We have strengths in both theory and empirics, asset pricing and corporate finance, as well as financial econometrics, behavioural finance, macro-finance, and microeconomic analysis of financial markets and institutions.

The department has close links with the Financial Markets Group enabling students to attend regular seminars, workshops and conferences given by internationally renowned speakers.

Taught programmes



MRes/PhD Finance/Visiting Research Students

Application code: N4ZC, N3EA (VRS) (check availability)

Start date: late August 2017 for Route 1 (2 year MRes), or mid-September 2017 for Route 2 (1 year MRes)

Duration: MRes 1-2 years, PhD 3-4 years, VRS up to 9 months

Entry requirement: Merit in a taught master's degree in finance, economics or another subject with a strong quantitative component

English requirement: Standard

GRE/GMAT requirement: All applicants must submit a GRE or GMAT test score. (GRE is preferred)

Fee level: See Tuition fees

Financial support: LSE PhD Studentships (see Financial support), ESRC funding (see ESRC). Departmental doctoral scholarships may also be available to applicants from the UK/EU and overseas

Application deadline: 26 April 2017. However please note the funding deadlines: 9 January (LSE PhD Studentships & ESRC) and 26 April 2017 (LSE PhD Studentships). Selection for funding is based on receipt of an application for a place – including all ancillary documents