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How much do phd in finance jobs pay per hour?

As of Jul 30, 2026, the average hourly pay for phd in finance in the United States is $20.40, according to ZipRecruiter salary data. Most workers in this role earn between $17.07 and $22.84 per hour, depending on experience, location, and employer.

How much does a PhD in finance make?

A PhD in finance typically earns a salary ranging from $80,000 to over $200,000 annually, depending on the industry, location, and experience. Academic positions such as university professors tend to have lower starting salaries compared to roles in finance firms or consulting, where advanced research skills and quantitative expertise are highly valued.

What types of career paths are available to someone with a PhD in Finance?

A PhD in Finance opens doors to a variety of career paths, including academia, research roles in think tanks, quantitative analysis positions in financial institutions, and policy advisory roles in government agencies. Many graduates pursue tenure-track professorships, where they balance teaching with conducting original research. Others join investment banks, hedge funds, or consulting firms, leveraging their advanced analytical skills to solve complex financial problems. The role often involves collaboration with professionals from economics, statistics, and data science, offering a dynamic and intellectually stimulating work environment.

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 skills, deep knowledge of financial theory, and a strong academic background, typically with a doctorate in finance or a related field. Expertise in statistical software (such as Stata, R, or Python), econometric modeling, and familiarity with academic publishing standards are essential. Strong critical thinking, presentation abilities, and collaboration skills help you communicate complex research and work effectively with peers. These competencies are crucial for producing impactful research, teaching effectively, and contributing to both academic and industry advancements.

What is the highest paid job in finance?

In finance, chief investment officers (CIOs) and hedge fund managers are among the highest-paid roles, often earning multimillion-dollar salaries and bonuses. These positions require extensive experience, strong analytical skills, and often advanced certifications like the CFA, with compensation heavily influenced by performance and firm size.

What is a PhD in Finance?

A PhD in Finance is a doctoral degree focused on advanced research in financial theory, markets, and quantitative methods. It prepares graduates for careers in academia, research institutions, and high-level industry positions, such as quantitative analysts or policy advisors. The program typically involves coursework in economics, econometrics, and finance, followed by original research culminating in a dissertation. Students develop strong analytical, mathematical, and research skills, making them experts in their field.

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. It can lead to careers in academia, research institutions, or specialized industry positions, but typically involves several years of study and limited immediate job opportunities compared to other finance degrees.

What can I do with a PhD in finance?

A PhD in finance prepares individuals for careers in academia, research, and high-level analytical roles in finance firms, consulting, or government agencies. Graduates often work as university professors, financial analysts, quantitative researchers, or policy advisors, utilizing advanced statistical, mathematical, and economic skills. The degree also enables roles that require deep expertise in financial modeling, econometrics, and data analysis.
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Phd In Finance jobs near you
Infographic showing various Phd In Finance job openings in the United States as of July 2026, with employment types broken down into 78% Full Time, 4% Part Time, and 18% Contract. Highlights an 69% Physical, 6% Hybrid, and 25% Remote job distribution, with an average salary of $42,427 per year, or $20.4 per hour.

Finance, CFS Professional Faculty

Brigham Young University

Provo, UT • On-site

Full-time

Posted 10 days ago

Brigham Young University rating

7.5

Company rating: 7.5 out of 10

Based on 87 frontline employees who took The Breakroom Quiz

306th of 613 rated colleges and universities

Job description

Job Title:

Finance, CFS Professional Faculty

Posting End Date:August 16, 2026

*NOTE: Last day to apply is Saturday, August 15, 2026 at 11:59 PM (MST)

Position Start Date:July 1, 2027

Required Degree:

PhD in Finance or a related field strongly preferred.

The required degree must be completed by the start date.

Experience:
Candidates must possess expertise in financial economics in order to teach high-level courses across a broad array of financial topics. A PhD in Finance or a related field is strongly preferred. Candidates must also demonstrate interest in pursuing academic teaching in financial economics.

Duties/Expectations:

This is a full-time professional continuing status track faculty position. A typical workload involves significant academic expectations related to teaching and administrative contributions, depending on the needs of the department.

Documents Required at the Time of Application:

Required:

1. Curriculum Vitae (CV)

2. Cover Letter

3. Mission Alignment Statement (see description below)

Optional:

4. Examples of scholarly works

5. Additional documents representative of teaching and/or professional experience

Mission Alignment Statement

BYU is committed to hiring faculty members who enthusiastically embrace and energetically advance its unique mission. To this end, please include a one-page mission alignment statement as part of your application that addresses how you might, as a BYU faculty member: (1) live a life of loyalty to Jesus Christ and His restored Church and align yourself with doctrines and teachings declared by living prophets, seers, and revelators; (2) demonstrate intentionality in building faith in Jesus Christ and testimony of His restored gospel among students and others in the BYU community; and (3) teach your subject matter with the Spirit of God and strive to keep it "bathed in the light and color of the restored gospel" (Spencer W. Kimball).

Applicants who are not members of The Church of Jesus Christ of Latter-day Saints include a one-page mission alignment statement that describes understanding of and commitment to the Mission of Brigham Young University and the AIMS of a BYU Education.

Note: Failure to attach the required documents may result in your application not being considered.

This position requires the successful candidate to relocate and/or reside in Utah for the duration of their employment.

MISSION ALIGNMENT STATEMENT INSTRUCTIONS

If you are a member of the Church of Jesus Christ of Latter-day Saints:

BYU is committed to hiring faculty members who enthusiastically embrace and energetically advance its unique mission. To this end, please include a one-page mission alignment statement as part of your application that addresses how you might, as a BYU faculty member: (1) live a life of loyalty to Jesus Christ and His restored Church and align yourself with doctrine and teachings declared by living prophets, seers, and revelators; (2) demonstrate intentionality in building faith in Jesus Christ and testimony of His restored gospel among students and others in the BYU community; and (3) teach your subject matter with the Spirit of God and strive to keep it "bathed in the light and color of the restored gospel" (Spencer W. Kimball).

If you are not a member of the Church of Jesus Christ of Latter-day Saints:

Applicants who are not members of The Church of Jesus Christ of Latter-day Saints include a one-page mission alignment statement that describes understanding of and commitment to the Mission of Brigham Young University and the AIMS of a BYU Education.

EMPLOYMENT REQUIREMENTS

All new employees who are members of The Church of Jesus Christ of Latter-day Saints will be required to hold and be worthy to hold a current temple recommend.

All faculty are required to abide by the university's Honor Code and Dress &Grooming Standards. Preference is given to qualified candidates who are members in good standing of the affiliated church, The Church of Jesus Christ of Latter-day Saints. Successful candidates are expected to support and contribute to the academic and religious missions of the university within the context of the principles and doctrine of the affiliated church.


EQUAL OPPORTUNITY

Brigham Young University is an equal opportunity employer, including disability and protected veteran status.

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