Copenhagen Business School PhD Scholarship in Finance, Denmark

PhD scholarship
in Finance, Spring 2016
PhD
scholarships in Finance, Spring 2016

The
Department of Finance at the Copenhagen Business School invites applications
for PhD scholarships in finance. Several scholarships are available of which
one is a general scholarship within any area of finance while three
scholarships are within specific areas of finance, as desc

ribed below.

One
scholarship is available within the field of financial frictions and the
student will be associated with the Center for Financial Frictions (FRIC),
which is a Center of Excellence funded by the Danish National Research
Foundation. Financial frictions are costs or impediments in connection with
financial transactions, for example due to transactions costs, borrowing
constraints, credit risk, capital requirements, or asymmetric information.
One
scholarship is available within the areas of household finance and behavioral
finance. This scholarship is funded by a European Research Council Starting
grant awarded by the European Research Council to Professor Steffen Andersen.
One
scholarship is available within the area of empirical entrepreneurial finance.
This scholarship is funded by the Sapere Aude grant awarded by the Danish
Council for Independent Research to Professor Morten Sørensen.
All
scholarships initially cover a three-year period of study. Extended funding is
available for successful candidates who wish to pursue a university career.
The
PhD program at CBS allows students to conduct research under the supervision of
CBS professors, supported by research training courses. The program is highly
international, and students are expected to take part in the Department’s
research activities, such as seminars and conferences organized by the
Department.
CBS
PhD graduates in finance are held in high esteem in academia and research
institutions as well as in government and the private sector where their
research qualifications are in high demand. The Department of Finance has
placed PhD candidates at leading academic institutions (WU Vienna University,
Cass Business School, London Business School and the EPFL in Lausanne), at the Federal
Reserve Bank of New York, Federal Reserve Bank of San Francisco, at Goldman
Sachs, and in leading Danish financial institutions.
Copenhagen
Business School has a broad commitment to the excellence, distinctiveness and
relevance of its teaching and research programs. Candidates who wish to join us
should demonstrate enthusiasm for working in an organization of this type
(highlighting, for example, relevant business, educational and dissemination
activities).
The
starting date is normally August 1 or September 1, but may be agreed upon
individually.
General
information:
A
PhD scholarship normally runs for a period of 3 years, and includes teaching
obligations equivalent of ½ year’s work (840 work hours). The scholarships are
fully salaried positions, according to the national Danish collective
agreement. The scholarship includes tuition fees, office space, travel grants
plus a salary, currently between DKK 29,104.00 (app. 3,901.00 €) and DKK
35,164.00 (app. 4,713.00 €) per month including pension contributions,
depending on seniority.
Appointment
and salary will be in accordance with the Ministry of Finance’s collective
agreement with the Danish Confederation of Professional Associations (AC).
The
PhD student will be enrolled at the PhD School in Economics and Management.
Please see the CBS homepage for more information about the PhD program, http://www.cbs.dk/en/research/phd-programmes.
To
be considered, the candidate should have a basic training at the Master’s level
(similar to the 3 + 2 Bologna process). The applicant must have successfully
completed the Master’s degree before commencing as PhD student at CBS, but we
also welcome applications from individuals close to completion of the Master’s
degree. Generally, a completed MBA education does not fulfill this requirement.
The applicants must be fluent in English. The successful applicant must have a
record of top grades from previously completed programs. Priority will be given
to candidates who have both a strong quantitative background and strong
previous training in financial economics.
Application
procedure:
The
application (see link below) must include a project description of up to 5
pages. This research proposal should contain a presentation of an original
research question, a description of the theoretical framework and related
literature. Please only send one application and indicate in which of the
scholarships you see your project proposal.
In
addition to the research proposal, the application must include the completed
online application form, copies of a Master’s degree certificate or other
certificates of a corresponding level, brief curriculum vitae (CV), a list of
papers and publications, and one copy of a selected written work (e.g. Master’s
thesis). Applicants must enclose documentation for English language skills.
Documentation of GRE and/or GMAT scores as well as two letters of
recommendation are strongly encouraged. For submitting GMAT scores, look up
Copenhagen Business School in the GMAC register and choose the PhD Program.
For submitting letters of reference, please have them sent to Julie de Molade, jdm.fi@cbs.dk.
A
committee of experts will assess the applications. The assessment will be based
on the merits of the applicant, as well as the quality and relevance of the
project. Following this assessment, the Department will select the recipients
of the scholarships among the qualified candidates.
Please
find guidelines and further information on scholarships and the doctoral
program at http://www.cbs.dk/en/research/phd-programmes.
For
further information please contact Center Coordinator Julie de Molade, email: jdm.fi@cbs.dk,
tel.: +45 3815 3737. Information about the department can be found at www.cbs.dk/finance
and information about Center for Financial Frictions can be found at www.fric.dk.
Closing
date: May 24, 2016
Copenhagen
Business School must receive all application material, including all appendices
(see items above), by the application deadline.
Details
about Copenhagen Business School are available at http://www.cbs.dk/en
Closing
date:

24/05/2016
With
some 20.800 full and part-time students, 748 full-time faculty members, 239 PhD
and 586 administrative staff CBS is a unique business-oriented university with
a full portfolio of Bachelor, Masters, MBA/EMBA, PhD and Executive programmes
delivered in English and Danish.
Our
academic staff includes internationally-recognised experts in classical
business disciplines as well as in philosophy, history, psychology, sociology,
law, political science, information systems, culture and languages.
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