PhD in Finance

Northwestern University (United States) · Northwestern University 633 Clark Street Evanston, IL 60208

About University:

Northwestern University is a private research university in Evanston, Illinois. Founded in 1851, Northwestern is the oldest chartered university in Illinois and is ranked among the most prestigious academic institutions in the world. The university is composed of eleven undergraduate, graduate, and professional schools, which include the Kellogg School of Management, the Pritzker School of Law, the Feinberg School of Medicine, the Weinberg College of Arts and Sciences, the Bienen School of Music, the McCormick School of Engineering and Applied Science, the Medill School of Journalism, the School of Communication, the School of Professional Studies, the School of Education and Social Policy, and The Graduate School. Northwestern's campus lies along the shores of Lake Michigan in Evanston. The university's law, medical, and professional schools, along with Northwestern Memorial Hospital, are located in Chicago's Streeterville neighborhood. The university also maintains a campus in Education City, Qatar, and academic centers in Miami, San Francisco, and Washington, D.C.

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About University:

Northwestern University is a private research university in Evanston, Illinois. Founded in 1851, Northwestern is the oldest chartered university in Illinois and is ranked among the most prestigious academic institutions in the world. The university is composed of eleven undergraduate, graduate, and professional schools, which include the Kellogg School of Management, the Pritzker School of Law, the Feinberg School of Medicine, the Weinberg College of Arts and Sciences, the Bienen School of Music, the McCormick School of Engineering and Applied Science, the Medill School of Journalism, the School of Communication, the School of Professional Studies, the School of Education and Social Policy, and The Graduate School. Northwestern's campus lies along the shores of Lake Michigan in Evanston. The university's law, medical, and professional schools, along with Northwestern Memorial Hospital, are located in Chicago's Streeterville neighborhood. The university also maintains a campus in Education City, Qatar, and academic centers in Miami, San Francisco, and Washington, D.C.

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Program Details:

Program Website

Basic Info

Institute

Kellogg School of Management

Degree

PhD

Duration

5-6 years

STEM Designated

Yes

Program

Finance

Expense

Living Expenses

USD 39200

Tuition Fee (Domestic)

USD 18700

Tuition Fee (International)

USD 18700

Eligibility

Minimum/ Avg Score

TOEFL

100

IELTS

7

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Intake Deadline 1

15 Dec, 2025

(August

Document Required:

  • Degree Transcript

    Common Document

    The Kellogg PhD application requires unofficial transcripts. There is no need to send official transcripts prior to enrollment. Official transcripts are needed only if you decide to enroll

  • Letter of Recommendation (LOR)

    University Specific

    We require three letters. Additionally, we ask all recommenders to include Northwestern University’s Graduate Applicant Assessment Form found within the application.

  • Miscellaneous

    University Specific

    You have a max limit of 1,000 words to answer the following questions: What are your academic interests, and why do you wish to pursue graduate studies in this specific program? How has your academic and professional background prepared you for graduate study? (Include any research, training, or educational experiences that align with the program you are applying to) How will our program help you achieve your intellectual and professional goals? What scholarly questions do you wish to explore in the program? (Make sure to include any specific faculty members whose research interests align with your own)

  • Personal Statement

    University Specific

    Write a statement that addresses the following prompt (500 words max): The Graduate School values varied backgrounds, approaches, and perspectives, understanding them as essential ingredients for true academic excellence. As a Northwestern graduate student, how would you contribute to our dynamic intellectual communities? Your answer may draw upon past or present experiences, whether in academic work, extracurricular or community activities, or everyday life.

  • Research Experience

    Common Document

    While optional, you could share more about your research experience on page 12 of the application. This experience could include data collection and analysis and running studies though a summer research opportunity, an internship or working as a research assistant, predoctoral researcher ("predoc") or research analyst.

  • Resume

    Common Document

    Your resume or CV should summarize all of your qualifications, honors, educational accomplishments, and if applicable, current research papers.

  • Test Score Report

    Common Document

    1. TOEFL/IELTS 2. GRE/GMAT

  • Test Score Report

    Common Document

    GRE/GMAT

  • Writing Sample

    University Specific

    We do not require a writing sample to be submitted with the application; however, you may include one writing sample (30-page maximum) with your application. Hyperlink this paper and any other papers you have on your resume.

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