Phd In Finance information
See Raleigh, NC salary details
$11.22 - $12.81
2% of jobs
$12.81 - $14.40
6% of jobs
$16.71 is the 25th percentile. Wages below this are outliers.
$16 - $17.59
16% of jobs
The median wage is $19.04 / hr.
$17.59 - $19.18
18% of jobs
$19.18 - $20.77
18% of jobs
$21.54 is the 75th percentile. Wages above this are outliers.
$20.77 - $22.37
12% of jobs
$22.37 - $23.96
7% of jobs
$23.96 - $25.55
4% of jobs
$25.55 - $27.15
3% of jobs
$27.15 - $28.74
4% of jobs
How much do phd in finance jobs pay per hour?
As of Aug 20, 2026, the average hourly pay for phd in finance in Raleigh, NC is $19.83, according to ZipRecruiter salary data. Most workers in this role earn between $16.59 and $22.21 per hour, depending on experience, location, and employer.
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.
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.
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.
A PhD in finance typically earns between $80,000 and $150,000 annually, depending on the industry, location, and experience. Academic positions may offer lower salaries initially but can increase with tenure, while industry roles in finance or consulting tend to pay higher starting salaries. Advanced research skills and knowledge of financial modeling are often required for higher-paying roles.
A PhD in finance prepares individuals for academic, research, and 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 it typically involves several years of study and may not be necessary for most finance jobs. The decision depends on career goals and interest in research or teaching roles.
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, risk management, and data analysis.
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