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How much do phd in financial economics jobs pay per year?

As of May 31, 2026, the average yearly pay for phd in financial economics in the United States is $137,178.00, according to ZipRecruiter salary data. Most workers in this role earn between $108,500.00 and $153,500.00 per year, depending on experience, location, and employer.

What is the difference between Phd In Financial Economics vs Financial Analyst?

AspectPhd In Financial EconomicsFinancial Analyst
Required CredentialsDoctorate (PhD), advanced research skillsBachelor's or Master's degree, certifications like CFA
Work EnvironmentAcademic, research institutions, think tanksFinancial firms, investment banks, corporate finance
Industry UsageResearch, teaching, policy analysisFinancial planning, investment analysis, reporting

The Phd In Financial Economics focuses on advanced research, teaching, and policy work, often in academic or research settings. In contrast, a Financial Analyst applies financial theories and data analysis in corporate or investment environments. While both roles require strong quantitative skills, the PhD emphasizes research and theoretical development, whereas the Financial Analyst centers on practical financial decision-making and reporting.

Assistant/Associate/ Professor of Finance

Assistant/Associate/ Professor of Finance

McMurry University

Abilene, TX

Other

Posted 28 days ago

Job description

Position Information
Job Title Assistant/Associate/ Professor of Finance Position Type Faculty Job Description
The Walter and Virginia Johnson School of Business at McMurry University invites applications for a tenure-track, Assistant/Associate/Full Professor position in Finance to begin Fall 2026. 
The successful candidate will have a strong commitment to innovation and excellence in teaching and a passion to mentor students and engage in service activities. The candidate will also be expected to pursue research, resulting in publications and contributing to advancing the recognition of the school. The teaching load is 12 credit hours per semester, with the opportunity for teaching summer courses. The ability to teach a range of finance courses at the undergraduate level is important. All areas of finance will be considered, with particular interest in fintech, AI in finance/business, or impact investment. Teaching experience is highly desirable. Professional work experience in finance or related fields outside of academia is welcome. The selected person will supervise our Student Managed Investment Fund (SMIF) of 2.3 million of the university endowments.
We seek candidates who understand, are enthusiastic about, and will make a significant contribution to the mission of the University, which reads as follows: "Shaped by Christian principles, McMurry University challenges students to examine our complex world from multiple perspectives in preparation for lives of leadership, service, and professional success."
Location: The Johnson School of Business is located in Abilene, Texas, a vibrant city of 125,182 people (176,579 for the metropolitan area) with a diversified economy that includes several universities, an air force base, a healthcare complex facility, and recent AI investments, with indoor, outdoor, and cultural activities. Situated 150 miles from the Fort Worth - Dallas Metro area, Abilene is recognized as an affordable and great place to live.   
The University: McMurry University is a liberal arts university predominantly offering bachelor's degrees in business, nursing, humanities, social and natural sciences, and education, with in-person and online instruction. The university has experienced significant growth in enrollment reaching 4,144 students in Fall 2025. Steeped in United Methodist tradition, the university offers a welcoming and supportive campus where personalized, interactive learning is at the forefront. With a student-to-faculty ratio of 13:1, students enjoy intimate classroom experiences and individualized mentorship. 
Essential Duties Summary
Teaching responsibilities will include undergraduate Finance related courses. 
Required Qualifications
Candidates should have a PhD or DBA in Finance, Economics (fields in financial economics or international economics), or a related field in hand (by July 2026). Persons with an MBA and 18 graduate credits in Finance, and with work experience will be considered. 


Minimum Required Education Master's degree Preferred Qualifications
PhD DBA in Finance
Physical Demands Special Conditions for Eligibility
The salary and benefits for the position are competitive. Complete applications received by October 30, 2025 will be guaranteed full consideration.  First round interviews will be, online, in November. 
Salary Competitive EEO Statement
Equal Employment Opportunity/Affirmative Action
McMurry University is committed to an educational and working environment that provides equal opportunity to all members of the university community and prohibits unlawful discrimination on the basis of race, color, gender, national origin, age, genetic information, disability or veteran status, in employment or the provision of services, in accordance with applicable federal, state and local laws. Discrimination on the basis of sexual orientation is also prohibited pursuant to University policy.
Posting Detail Information
Posting Number AS1005P Number of Vacancies 1 Desired Start Date 08/01/2026 Posting Open Date 10/05/2025 Close Date Open Until Filled Yes Special Instructions to Applicants
Please apply at: https://mcm.peopleadmin.com/postings/4639

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