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How much do phd finance jobs pay per hour?

As of Aug 23, 2026, the average hourly pay for phd finance in Indiana is $19.41, according to ZipRecruiter salary data. Most workers in this role earn between $16.25 and $21.73 per hour, depending on experience, location, and employer.

What is a PhD in Finance?

A PhD in Finance is a doctoral degree program that focuses on advanced study and research in financial theory, economics, quantitative analysis, and related fields. Students in this program typically engage in original research, culminating in a dissertation that contributes new knowledge to the field of finance. Graduates often pursue careers in academia, research institutions, or high-level analytical roles in the finance industry. The program typically takes 4-6 years to complete and requires a strong foundation in mathematics, statistics, and economic theory.

What are some typical career paths for someone with a PhD in Finance within academia and industry?

With a PhD in Finance, you can pursue various career paths depending on your interests. In academia, many graduates become professors, conducting research and teaching at universities. In industry, common roles include quantitative analyst, risk manager, or research economist at financial institutions, consulting firms, or government agencies. Advancement often involves building a strong publication record or developing expertise in specialized areas such as asset pricing or corporate finance. Networking and ongoing research are crucial for career growth in both sectors.

What are the key skills and qualifications needed to thrive as a PhD in Finance, and why are they important?

To thrive as a PhD in Finance, you need advanced quantitative analysis, strong research capabilities, and a deep understanding of financial theory, usually demonstrated by earning a doctoral degree in finance or a related field. Proficiency with statistical software (such as Stata, R, or MATLAB), econometric methods, and access to financial databases is essential. Exceptional analytical thinking, problem-solving, and strong written and verbal communication skills help you stand out in publishing research or teaching. These skills and qualifications are vital for generating impactful research, informing financial policy, and contributing to academic or industry advancements.

What is the difference between Phd Finance vs Financial Analyst?

AspectPhd FinanceFinancial Analyst
Required CredentialsPhD in Finance or related fieldBachelor's or Master's in Finance, Economics, or related field
Work EnvironmentAcademic, research institutions, or advanced industry rolesCorporate finance departments, investment firms, banks
Employer & Industry UsageUniversities, research centers, some financial firmsFinancial services, investment banking, corporate finance

While a Phd in Finance focuses on research, teaching, and advanced analysis, a Financial Analyst applies financial data to support business decisions in corporate or investment settings. Both roles require strong analytical skills, but the Phd is more research-oriented, whereas the Financial Analyst is more application-focused.

How much does a PhD in finance make?

A PhD in finance typically earns between $80,000 and $150,000 annually, depending on the industry, location, and experience. Academic positions may start lower but can increase with tenure, while industry roles in finance or consulting often offer higher salaries and bonuses.

Is it worth getting a PhD in finance?

A PhD in finance prepares individuals for academic, research, or high-level analytical roles in finance, often requiring strong quantitative skills and familiarity with tools like statistical software. While it can lead to careers in academia or research institutions, it typically involves several years of study and may not be necessary for most industry positions, which often value experience and professional certifications like CFA. The decision depends on career goals and interest in research or teaching roles.

What do finance PhDs do?

Finance PhDs typically conduct research in areas such as asset pricing, risk management, and financial modeling, often working in academia, research institutions, or industry roles like quantitative analysis and risk management. They use advanced statistical and mathematical tools, and may publish their findings or develop models for financial decision-making. Many also work in consulting, policy, or financial technology sectors, applying their expertise to solve complex financial problems.

What are popular job titles related to Phd Finance jobs in Indiana?

For Phd Finance jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Phd Finance jobs in Indiana look for?

The top searched job categories for Phd Finance jobs in Indiana are:

What cities in Indiana are hiring for Phd Finance jobs?

Cities in Indiana with the most Phd Finance job openings:

Phd Finance jobs near you
Infographic showing various Phd Finance job openings in Indiana as of August 2026, with employment types broken down into 91% Full Time, 7% Part Time, and 2% Contract. Highlights an 82% Physical, 7% Hybrid, and 11% Remote job distribution, with an average salary of $40,372 per year, or $19.4 per hour.

Senior Finance Manager: USM, T56 & 501k

Rolls Royce

Indianapolis, IN • Hybrid

$111K - $181K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

Job description

Job Description Job Title: Senior Finance Manager: T56 & 501k Working Pattern: Hybrid (3 office days a week) Working Location: Indianapolis, IN Relocation assistance will be provided if applicable. Why Rolls-Royce? At Rolls-Royce we are proud to be a business that has truly helped to shape the modern world and are committed to always being a force for progress; powering, protecting and connecting people everywhere. By joining Rolls-Royce, you'll have the opportunity to create world-class power and propulsion solutions, pushing your problem-solving and ingenuity, to deliver real impact that puts safety first. You'll be given responsibility and the opportunity to grow in our high-performance culture. This is Infinite Potential. And it's your chance to really shine and contribute to one of the world's most recognized brands and a beacon for engineering excellence. Position Summary: The Senior Finance Manager plays a vital role in guiding the team through key financial decisions related to our T56 and 501k Business. This role covers all US T56 and 501k programs based in Indianapolis. This role supports the development and achievement of their strategic plans and growth. What you will be doing:
  • Provide a finance business partner service to the T56 and 501k program, team by ensuring the engine and aftermarket contracts are appropriately planned, monitored and achieved
  • Responsible for business case oversight and ensure timely updates are incorporated from the program's team input
  • Direct the program to ensure the financial implications of all events, transactions and decisions, taken or proposed, are fully considered and acted upon
  • Lead and support SVP and program directors in developing and maintaining their Strategic plan, Annual target setting (ATS), and in-year forecast (IYF) including maintaining opportunities and threats
  • Lead and own the financial close process for T56 and 501k programs, ensuring accounts are produced, understood and variances explained to SVP finance and programs
  • Creating actions plans to recover to plan as needed and support the development and maintenance of long term project and contract profit plans as appropriate
  • Support and advise staff in the development of ATS, IYF and AP'ly opportunities / hazards
  • Provide finance support for other initiatives within the finance team as required
Basic Requirements:
  • Bachelor degree in Accounting, Finance, or Business Management and 5+ years of financial experience, OR
  • Master degree in Accounting, Finance or Business Management and 3+ years of financial experience, OR
  • JD/PhD in Accounting, Finance, or Business Management
  • In order to be eligible for consideration, you must be a U.S. Citizen
Preferred Requirements:
  • CPA and or MBA preferred
  • Familiarity with SAP, HFM, Hyperion, VBM
  • Strong leadership, interpersonal and people management skills
  • Familiarity with business evaluation processes, ATS processes, strong leadership, interpersonal and business partner skills.
Our vision is to ensure that the quality and dynamism that shaped our history continues into our future. It's a bold pursuit, and we never stop striving to go further, faster, and better. We lead progress, creating the technologies that move us forward. If you're driven to grow, to learn, and to make a lasting difference, this is where you belong. Rolls-Royce is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to any protected characteristics. We are committed to providing a respectful and non-discriminatory workplace where individuality is valued and everyone can thrive. Infinite Potential Closing date: August 21, 2026 #CLOPROF Job Category Finance Job Posting Date 14 Aug 2026; 00:08 Pay Range $111,868 - $181,786-Annually Location: Indianapolis, IN Benefits Rolls-Royce provides a comprehensive and competitive Total Rewards package that includes base pay and a discretionary bonus plan. Eligible employees may have the opportunity to enroll in other benefits, including health, dental, vision, disability, life and accidental death & dismemberment insurance; a flexible spending account; a health savings account; a 401(k) retirement savings plan with a company match; Employee Assistance Program; Paid Time Off; certain paid holidays; paid parental and family care leave; tuition reimbursement; and a long-term incentive plan. The options available to an employee may vary depending on eligibility factors such as date of hire, employment type, and the applicability of collective bargaining agreements. PandoLogic. Category:Finance, Keywords:Finance Manager, Location:Indianapolis, IN-46259

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