In addition to at least 21 credit units of course work, seminar, and  research methods and ethic units, the PhD degree candidate must prepare and successfully defend a PhD thesis. Expected duration to complete the PhD Program is 8 semesters; the maximum duration is 12 semesters. However, students should complete course work including non-credit courses in 4 semesters. Advisor appointment has to be made at the 3rd semester. Each PhD degree candidate expected to follow  one of the following specialized areas:

It is expected that at least 4 of elective courses should be taken from followed specialized area. The list of elective courses  is not limited to the list given, and the list is expanded on a continuing basis; courses outside the list can be accepted as electives subject to approval by the student's adviser.

Semester I Semester II
  • BA5814 Investment Management
  • IAM615 Advanced Stochastic Calculus for Finance
  • Elective Course
  • IAM614 Methods of Computational Finance
  • IAM698 Research Methods and Ethics (0-Credit)**
  • Elective Course
  • Elective Course
Semester III Semester IV
  • IAM600 PhD Thesis (Advisor Appointment)*
  • IAM690 Graduate Seminar (0-Credit)
  • Elective Course
  • IAM600 PhD Thesis Exam (Qualification Exam)
Semester IV Semester V
  • IAM600 PhD Thesis (Thesis Proposal)
  • IAM600 PhD Thesis
Semester VII Semester VIII
  • IAM600 PhD Thesis
  • IAM600 PhD Thesis

For students who take scientific preparation (SP) program, we suggest the following curriculum:

Semester I Semester II
  • IAM521 Financial Management
  • IAM541 Probability Theory
  • Elective Course (NI)
  • IAM520 Financial Derivatives
  • IAM522 Stochastic Calculus for Finance
  • IAM524 Financial Economics
Semester III Semester IV
  • BA5814 Investment Management
  • IAM615 Advanced Stochastic Calculus for Finance
  • Elective Course
  • IAM614 Methods of Computational Finance
  • IAM698 Research Methods and Ethics (0-Credit)**
  • Elective Course
  • Elective Course
Semester V Semester VI
  • IAM600 PhD Thesis (Advisor Appointment)*
  • IAM690 Graduate Seminar (0-Credit)
  • IAM600 PhD Thesis (Qualification Exam)
Semester VII Semester VIII
  • IAM600 PhD Thesis (Thesis Proposal)
  • IAM600 PhD Thesis
Semester IX Semester X
  • IAM600 PhD Thesis
  • IAM600 PhD Thesis

  • * Advisor appointment has to be made at the third semester (after successful completion of scientific preparation when required).

  • NI: Not Included (During SP, student should take Program courses in NI status)

  • ** Exempt if the student takes the course during Master studies.


Last Updated:
21/11/2018 - 14:54