Scientia

Gravitas

I am totally kidding.:p Obviously, the dissertation is not a "piece of cake." (This part seamed to get people riled up, I added this part later along with other parts.) :whistle: [goodjob] Thanks for all the input. I only wanted to gather information about the trials and tribulations of the PhD program. Mission accomplished! Now, I have a better idea on the ways to prepare. Sorry, I don't like to ask questions directly.

This is so cool thanks for helping me find a staring point :wizard:. This seams like a very good text. But, what reference texts should I use to learn more about preference relations and choice rules in Chapter 1? ACCT PHD, I will respectfully decline your challenge; I have more math classes left to take before I attempt this. But, logic is not dependant on math; I will try to understand this book before I attempt to solve its tedious problems. I do not wish to stir any imprudent commotion with my exuberant determination.:whistle: I am just interested in learning about the various PhD programs, and the admission.

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Plz remember this is only my opinion: Don't get me wrong; it is an daunting task to compete a paper. My view on desertions: Take the path of least resistance; you will have years later to complete your master pieces. What do I mean? One, you can do research with a focused topic or a topic readily available to complete, but vaguely fits the requirement and your interest. (Time Saved) Two, you have a choice to do research in the known applied, unknown applied, known not applied, and unknown not applied. (Applied Known Use -> Theoretical Unknown Use). (Current trends in research indicate movement from unknown applied to known applied. Just my observation.) Third, approach as a whole or sum of the parts. What do I mean? Well, you can try to understand a whole topic (and derive), or look for an approach where you can plug and chug utilizing a rational directional strategy and cross your fingers. There are many more ways to shorten the time to complete. So, I am not saying it is easy; it can be beaten by a good strategy.

I am in the top 20% of my school, and top 15% in Business Administration. My GPA is low due to Bs in a lot of humanities classes like film studies, etc. Never got a C. What math classes should I take? Where should I take them? I have 1 semester + 2 summer terms before a PhD program. What order should I take them? However, I feel my math is not minimal b/c I have helped engineering students in physics, calculus, thermodynamics, chemistry, and statics. And, I attend a top 5 engineering school in the US. I have never even taken most of these classes in college except calculus and chemistry. Most people forget the basics. But, they remember very tedious math by senior year. I feel that math is a tool, you don't need math to do finance. Math enhances finance, and I am thorough in the basics of math, but I like would like more depth. However, I am very thorough with my financial theory concepts. PS. Math does not refer to statistics, I already use many 5-700 level (Masters & PhD Level) statistics tools on my own. But, I don't have credit on my transcript; I use these tools in my research.

Hum... This is both True and False. Yes, Assistant Prof in Finance in Top 20 school may make $180 K, but unlikely to break the 200k barrier (9 months). Typically, it most likely to be around $125 - $150k, and not $180k useless you are a research printing press. Second, you will not likely get hired in a top 20-50 school where they pay the ~150k salary if you don't publish. But, they will give you a chance; it is called tenure tack: Will you withstand the publication requirement? The average salary is around $100-$130 for an Assistant Professor. Finance PhD(4 to 6 Years long, how fast are you going to finish your dissertation?) The gain of title/seniority requires the publication of papers and process of tenure to reach Associate Professor (Typically, a six year track. End of the time, you are hired as a adjunct or do not receive a renewed contract). Congratulations, you are back on the Assistant track or a lucky promotion, but usually never tenure. :) But, PhD is totally worth it! This is the way I view it: I love research; I like learning new things all the time, and it is a wonderful, and endless journey towards knowledge. It feels so good to sit there for hours reading about interesting topics like time series modeling or asset pricing in bankruptcy etc, it hurts good like when you run, but for the brain. :) I will take $100k, and the pursuit of knowledge any day.

Hi Everyone, I am 21. I want to compete a PhD in Finance, it is my life's dream. Education/Background B.S. Business Administration - Finance (3.5 GPA) (Honors) Practice GMAT: 700-720 (I will take in 3-5 months.) Math: Calculus I, Basic Linear Algebra, Statistics -I am planning on taking Calculus II, Differential Equations I (Maybe), and another Linear Algebra (300 or 400 level). -Right now, I am trying to learn time series analysis on my own. I have all As and A+s in math classes. Economics: Macro, Micro, International -I may take Econometrics around 400-500 level. I have all As and A+s in economics classes. Research: Model Building, Numerous Data Reduction Techniques (ex. Latent Class Analysis), Presentations at Conferences, Publication (Currently, it is under peer review.) Also, I have read quite a few journal articles, and desertions by other students in Finance. And, I already have ideas for my desertion topic; it will a piece of cake. I should be able to complete it in 6 months to 1 year. -I spend a lot of my time volunteering. :grad: I have been researching PhD programs, and the admission data is not very accessible nor is it understandable. For example: 11 Students are admitted, and the Avg GMAT is 720. And, the range is 690 - 800. Ok, but not all students are US citizens, and not all are in Finance. Foreign students might typically have higher GPA due Federal Gov (incentives, etc), do the 3 non-foreign students admitted have around 690 GMAT, and the rest have 750-770? Or, are non-foreign students less likely to get admission, (Obviously, the non-foreign students will typically have lower credentials.)? What are my chances? And, what are some good schools to consider? My interests: Market Micro-structure, Intangible Asset Pricing, Behavioral Finance. :whistle: