PhD program

Program content

The PhD program at SBS spans four years of studies, including approximately 1.5 years course work and 2.5 years thesis work. 



The courses for students who specialize in finance typically include a few courses offered at SBS, but many courses are taken at the SU economics department, at the Swedish House of Finance, and at partner universities in the Nordic Finance Network (click the links to see current course offerings). What courses to take is decided in agreement with the student and the supervisor.


The doctoral theses written with the specialization in finance typically consist of a set of academic articles. For examples of what a thesis may be about, read about our current students. 

There are three milestones in the thesis work, leading up to the final dissertation defense. These include the thesis proposal seminar (after about one year), the midway seminar (after about 2.5 years) and the final seminar (after about 3.5 years). The milestones are formal stages of the PhD program where the student obtains feedback and advice on how to proceed.

Life as a PhD student at SBS Finance

There are currently five doctoral students at SBS Finance. They share a common office space at the Kräftriket campus. The SBS PhD Council organizes frequent social activities among PhD students from the different sections of Stockholm Business School. It also organizes an annual PhD conference, where you can learn about the research of other PhD students; socialize and get feedback on your work.

Research environment

The Finance section employs about 20 people, including faculty members, post-docs, doctoral students, and teaching assistants. The group hosts a weekly seminar series, where external and internal researchers present their latest findings. There are also ad hoc academic events in the form of workshops and conferences. 

Studies abroad

Some doctoral students spend part of their doctoral studies at universities abroad. Funding for research visits and courses abroad may be obtained through scholarships.


For more information about living in Stockholm and how to find a place to stay, see the information provided by Stockholm university here and here.

What happens after the PhD?

After finishing the PhD program the doctoral students from SBS Finance go on to careers in academia, financial regulators, and the financial industry.