PhD in Finance

Financial Information

Doctoral students in the Finance Department normally hold a graduate assistantship, which is the principal means of financial support during the duration of the PhD program. Assistantships provide experience through work as teaching and research assistants as well as teaching roles later in the program. The assistantships require a commitment of 20 hours per week. A limited number of graduate college fellowships are also available. The most qualified applicants stand an excellent chance of qualifying for graduate college fellowships. Each year, Texas A&M University's Office of Graduate Studies also awards or administers a number of one-year fellowships. Both Graduate Merit Fellowships and the Regents' Fellowships are available for first-year doctoral students. To be eligible, applicants must be admitted to Graduate Studies, pursue a Doctorate degree in any of the programs offered by Texas A&M University, and be nominated by their respective department. In addition, other sources of funding for doctoral dissertation research and travel associated with research are available on a competitive basis at the university, school, and department levels.

Depending on the qualifications of the applicant and availability of funds, most students can expect a total graduate assistantship compensation ranging from $15,000 to $23,000 per year, including an out of state tuition waiver. In addition, exceptionally qualified applicants may receive additional funds in the form of fellowships. In general, the award of financial assistance is based on academic qualifications and continued high performance in the program. The university offers a limited fellowship program that provides in-state tuition waivers; however, this program is competitive and limited to the most qualified applicants.