PhD in Finance

Finance as an area of expertise has extended its scope with help of developments in recent years. Besides, risk management, derivative markets, banking, insurance, behavioral finance, investment analysis and management, financial modeling, international financial markets have become academic specialization fields as sub-disciplines of finance. The aim of the Ph.D. program in Finance is to develop academicians and professionals who are capable of conducting high-quality scientific research and are eligible to meet the increasing demand for a qualified manager in the field. Graduates of the program are leading researchers in the field of finance who are qualified in quantitative research methods in finance and financial econometrics, can follow theoretical literature in micro and macroeconomics, contribute to current issues in national and international financial system and create scholarly solutions to increase the financial efficiency of real sector firms.

Courses

• FIN 603 Financial Econometrics
• FIN 601 Corporate Finance Theory
• ECON 601 Microeconomic Theory I
• ECON 603 Macroeconomic Theory I
• FIN 604 Quantitative Methods in Finance
• FIN 602 Empirical Research in Finance
• FIN 605 Financial Modelling
• ITF 603 Research Seminar in Finance
• ITF 693 Applied Scientific Research
• FIN 695 Comprehensive Exam
• FIN 699 Thesis

Elective Courses

• ECON 604 Macroeconomic Theory II
• ECON 605 Statistics
• ECON 606 Econometrics
• FIN 610 International Financial Management
• FIN 611 Derivatives and Risk Management
• FIN 612 Behavioral Finance
• FIN 613 Financial Institutions and Markets
• FIN 614 Bank Management
• FIN 615 Stochastic Processes in Finance
• FIN 616 Time Series Analysis
• FIN 617 Market Microstructure and Asset Pricing
• ITF 602 Investment Analysis and Portfolio Management
• ITF 605 Financial Economics

Application Requirements for International Students

Who can apply?

• Foreign nationals
• Blue Card holders (Turkish citizens by birth, but released from citizenship by the Ministry of the Internal Affairs, and who can certify that their minor children who are registered in that permit are eligible for the rights stated in Law No. 5203)
• Foreign nationals who became Turkish citizen afterward/dual citizens in the same status
• Turkish nationals who completed the last three years of their secondary education (high school) in a foreign country excluding Turkish Republic of Northern Cyprus, (including those who completed their entire secondary education (high school) at Turkish schools in the presence of Ministry of National Education in a foreign country excluding Turkish Republic of Northern Cyprus) before 01 February 2013.
• Turkish nationals who completed their entire secondary education (high school) in a foreign country excluding Turkish Republic of Northern Cyprus, (including those who completed their entire secondary education (high school) at Turkish schools in the presence of Ministry of National Education in a foreign country excluding Turkish Republic of Northern Cyprus) after 01 February 2013.
• Turkish Republic of Northern Cyprus nationals who reside there and completed their secondary education there having a GCE AL certificate, and those, who registered to high schools in other countries between 2005-2010 and hold or will hold GCE AL certificate.

Who cannot apply?

• Turkish nationals, who completed their entire secondary education in Turkey or in Turkish Republic of Northern Cyprus.
• Turkish Republic of Northern Cyprus nationals (excluding the ones who completed their entire secondary education there having a GCEAL certificate, and those, who registered to high schools in other countries between 2005-2010 and hold or will hold GCE AL certificate)
• Dual citizens who have a Turkish citizenship by birth. (excluding the ones who completed their entire secondary education in a foreign country excluding Turkish Republic of Northern Cyprus/ those who completed their entire secondary education at Turkish schools in a foreign country excluding Turkish Republic of Northern Cyprus)
• Dual citizens who have a Turkish Republic of Northern Cyprus citizenship (excluding the ones who completed their entire secondary education there having a GCEAL certificate, and those, who registered to high schools in other countries between 2005-2010 and hold or will hold GCE AL certificate)
• Turkish nationals or dual citizens, who have a Turkish citizenship by birth, that attend schools affiliated to the embassies in Turkey, and foreign high schools located in Turkey.