Lancaster University
Accounting and Finance PhD
Lancaster University

Key Course Facts

Course Description

The Department of Accounting and Finance at Lancaster University Management School (LUMS) invites applications for PhD program in Accounting and Finance. You will be working alongside world-leading academics in a busy, exciting and innovative department.

We are looking for highly motivated candidates who have an excellent first degree and outstanding Master's level degree performance. Qualifications should be in a related discipline to your intended PhD studies. You should also be committed to pursuing an academic career. We are offering full-time studentships to commence in October 2024. All studentships pay a generous living allowance (the 2023 ESRC award was £18,662 per annum) and offer a fee waiver for four years.

The department offers an excellent research environment, with a high level of collegiality, subscriptions to state-of-the-art databases, a strong seminar series, and a senior visitors program. The Department of Accounting and Finance is one of the largest departments within LUMS – a world-ranked international business school that is highly regarded by the Financial Times, QS, The Economist and more. In the 2014 and 2021 Research Excellence Framework, LUMS was ranked first in the UK in research power and is one of few business schools whose programs are accredited by the three major international business school accreditation bodies: AMBA, EQUIS and AACSB.

The Department offers a PhD Program in Accounting and Finance. PhD students are required to complete a portfolio of PhD level courses and seminars covering finance theory, econometric and statistical methods, and research methodology. Upon successfully completing the coursework, you will then research and write a thesis on a topic which you are passionate about. Two subject experts will offer detailed supervision to ensure it will contribute new knowledge to the academic community. You will also have the opportunity to gain international experience by visiting a leading US/European school with expertise in a relevant research area. We offer an excellent environment for PhD studies, including dedicated office space, generous funding of conference and research visits, access to many specialised databases, as well as scientific computing facilities and IT support.

The Department has been consistently building the strength of a doctoral program for many years. It has developed comprehensive PhD training to enable our PhD graduates to succeed in the job market. Apart from training delivered by our own excellent faculty, our department regularly invites distinguished visiting professors from the best universities in the world to deliver doctoral tutorials on specialised research topics. Our PhD students have the privilege of being trained by world-leading scholars every summer and have extensive opportunities to consult external experts.

In recent years, our PhD graduates have successfully joined many excellent universities, research centres and institutions, including Australian National University, Bocconi University, Chinese University of Hong Kong, Durham University, LSE, Liverpool, Manchester, Monash, and Warwick Universities.

**Assessment is by original research and thesis**

Entry Requirements / Admissions

Requirements for international students / English requirements

IELTS academic test score (similar tests may be accepted as well)

    • 7.0
    • Graduate Degrees
    • 6.5
    • Undergraduate Degrees
Get advice on which foundation courses are best for you to still study Accounting and Finance, PhD, if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

A relevant Master's degree (UK or equivalent) with Distinction level performance, both overall and in the dissertation. In exceptional circumstances, applicants with an upper second class honours degree and relevant research experience may be considered.

As part of your application you will also need to provide a viable research proposal of up to 5000 words which has potential to make a significant contribution to prior literature.

We may ask you to provide a recognised English language qualification, dependent upon your nationality and where you have studied previously. We normally require an IELTS (Academic) Test with an overall score of at least 7.5 and a minimum of 6.0 in each element of the test. We also consider other English language qualifications.

Costs

Average student cost of living in the UK

Rent £518
Water, gas electricity, internet (at home) £50
Supermarket shopping £81
Clothing £35
Eating out £33
Alcohol £27
Takeaways / food deliveries £30
Going out / entertainment (excl.alcohol, food) £24
Holidays and weekend trips £78
Transport within city £17
Self-care / sports £20
Stationary / books £13
Mobile phone / internet £13
Cable TV / streaming £7
Insurance £51
Other £95
  
Average student cost of living £1092

London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.

University Rankings

Positions of Lancaster University in top UK and global rankings.

See all 34 university rankings of Lancaster University

About Lancaster University

Lancaster University was established in 1964 and is located in the rural setting of Lancaster. The campus provides a series of amenities, including banks and a post office. Academically, all of this university’s courses and programmes are accredited and approved by MARP, ensuring that the curriculums delivered here are set at a high standard. In terms of facilities, students have access to a variety of study and recreational spaces intended to improve their wellbeing, such as Meditation and Tai Chi classes, and Woodland walks.

List of 452 Bachelor and Master Courses from Lancaster University - Course Catalogue

Student composition of Lancaster University

undergraduates:
12595
postgraduates:
4065
Total:
16660
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Where is this programme taught

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