Heriot Watt University UK United Kingdom

PhD Finance

Integrated Masters with deeper specialization and research focus
Taught in English
Duration 3 Years
Mode On Campus
Level Postgraduate
Degree PhD
Closing soon September 2026

Course Overview

Embark on your academic journey with the PhD Finance at Heriot Watt University UK, a postgraduate research degree designed for ambitious individuals aiming to make significant contributions to the fields of finance and investment. This doctoral programme is ideal if you are passionate about delving into complex financial markets, corporate finance strategies, and investment management, seeking to address real-world financial challenges through rigorous research. You will join a vibrant academic community focused on developing cutting-edge research, fostering critical debate, and disseminating vital knowledge within the finance sector.

This full-time, on-campus PhD will be pursued over three years, immersing you in a research-intensive environment. You will work closely with leading academics and benefit from the expertise within the Centre for Finance & Investment, engaging with topical issues that have a strong emphasis on industry relevance. Your research will be supported by an industry-based advisory group, ensuring your work is practically oriented and tackles pressing financial problems. You will graduate with advanced analytical skills and a deep understanding of financial theory and practice, prepared for careers in academia, financial institutions, or policy-making bodies.

Course Curriculum & Details

Detailed information for serious evaluators

Program Overview

This PhD program in Finance offers advanced study in financial theory and its applications. Students will engage with rigorous coursework and research methodologies to prepare for academic and research careers. The program emphasizes critical analysis of financial markets, corporate finance, and investment strategies.

Cost & Affordability

A clear picture of what this course will cost you

Program Costs

16% off
First Year Fee Tuition fee
USD 21,718.00 USD 25,758.00
Second Year Fee Tuition fee
USD 25,758.00
Third Year Fee Tuition fee
USD 25,758.00
Total Program Cost Estimated total tuition
USD 73,234.00 USD 77,273.00

Currency note: Program costs shown in USD based on the available tuition breakdown.

Living Costs

Accommodation
USD 503.00 - USD 2,667.00
Food & Groceries USD 4,833.00 - USD 6,444.00
Transport USD 967.00 - USD 1,128.00
Utilities & Bills USD 2,417.00 - USD 6,847.00
Estimated Total USD 8,217.00 - USD 14,419.00

Living cost estimates are based on Edinburgh Campus.

Outcomes & Employability

What happens after you graduate

84%
Graduate Employment Rate Within 6 to 12 months of graduation

Common Graduate Roles

Aerospace Research & AcademiaAlternative Aviation Fuel & SustainabilityCommercial AviationEnvironmental & Sustainability ServicesFinancial Technology (Fintech)Food Safety & Quality AssuranceLean Manufacturing & Process ImprovementNuclear EnergyQuality Control & AssuranceRestaurant & Food Service

Top Employers Hiring for this course

Deloitte

EY

Leornado

Lloyds Banking Group

NatWest Group

SLB

Sainsbury's

Shell

Why Study PhD Finance at Heriot Watt University UK

What makes this program stand out

September 2026 Closing soon

Next intake is in September 2026

Life at Heriot Watt University UK in United Kingdom

What daily life looks like for international students

Language

English

Primary language everywhere

Climate

Mild & Rainy

10-20°C average, pack layers

Safety (Numbeo Safety Index)

Very Safe

Exeter is one of UK's safest cities

Frequently Asked Questions

Common questions about PhD Finance at Heriot Watt University UK

Can I work while studying?

International students in degree programs can work up to 20 hours per week during term time and full-time during breaks. No separate work permit is required.

What English language score do I need for this course?

International students must meet specific English language requirements: TOEFL overall score of 85, IELTS overall score of 6.5, or PTE overall score of 68. Each test has specific sub-score requirements as well.

What jobs can I get after studying this course?

Graduates can pursue careers as Financial Analysts, Investment Bankers, Risk Managers, Corporate Finance Advisors, and Asset Managers.

What will I actually study in this course?

Our research focuses on financial markets and corporate finance through the Centre for Finance and Investment. We emphasize engagement with industry to address real-world financial issues.

When can I start — what are the intake months?

The PhD Finance program has an intake month in September. Be sure to prepare your application materials in advance to meet this timeline.
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