Finance PhD programs are available to those who have a desire to become financially literate, as well as a strong background in accounting and economics. These programs are often offered online, though some require that you attend a local school, and many require you to complete the coursework at a university or college, although these days, the demand is very high for online education. The program itself can be as simple or complex as you want it to be, and most will be housed in an online university or college.
Most students are enrolled in one of two types of finance PhD programs: either a General Financial Economics PhD or a Master's degree in Business Administration, Finance, or Accounting. Both the classes and the curriculum can be quite long, which means that you should not expect to finish in less than two years if you are aiming for an academic program. If you are looking to get a job right away, this may be not be the best choice, but it can definitely make you more marketable down the road if you do not wish to pursue a doctorate degree.
While the course material covers all aspects of business finance, not all areas will be covered in the same depth. For example, while you may not need to worry about accounting in a class on business finance, you may find that you have to do a lot of it on your own in order to have an edge over the competition. You should take classes on a regular basis, however, so that you can keep yourself abreast with new financial ideas and theories that you may come across down the line.
Graduates from graduate level finance PhD programs generally have some experience working in the finance industry. If you are considering taking the course, you should be prepared to spend some time working in the field. However, you will probably enjoy it far more if you choose to work in academia rather than in the finance industry, as this can give you an entirely different perspective on what you are learning.
When you take finance PhD programs, you should plan to complete the coursework in two years or less. Although the curriculum can be complex, you should have no problem completing . . . . . . it within this amount of time, since the coursework consists of twelve courses. This is the minimum length required by most universities and colleges to admit someone as a full-fledged student.
Before you begin your studies, make sure that you do some good research into the program that you are interested in and get some recommendations from former students. Also, make sure that you find out how long it will take you to complete your program, as well as how much time you will have to put into it.