Economics and Finance PhD
About the course
Research students are welcomed to Brunel as valued members of our thriving, research-intensive community. A research degree provides the opportunity to investigate a topic in depth, and contribute new knowledge to your discipline.
A PhD involves demonstrating through original research or other advanced scholarship the creation and interpretation of new knowledge, a systematic acquisition and understanding of a substantial body of knowledge at the forefront of an academic discipline or professional practice, the ability to conceptualise, design and implement a project for the general of new knowledge, applications or understanding at the forefront of the discipline. Both full-time (3 years) and part-time (6 years) study routes are available.
MPhil degree option
An MPhil involves the exploration of a research topic and is typically studied over a shorter period of 1 year for a full-time student and 2 years for a part-time student. MPhil students are required to demonstrate a systematic understanding of knowledge and a critical awareness of current problems and/or new insights informed by the forefront of their discipline, field of study or professional practice.
Our research is focused in four research areas: Economic Development and Institutions, Empirical Finance, Accountancy and Corporate Governance and Macroeconomics. Within each group we have built a broad base of skills that allow us to respond to the ever-changing research environment. Each area encourages and supports individual researchers, from those just starting out as PhD students to those who have reached the highest levels of achievement. We provide support for research activities and funding proposals and provide opportunities for discussion of research ideas and the dissemination of findings.
In addition to the supervisory team, each student is allocated an academic development adviser in thier research area to ensure the quality of supervision at the department. We provide students with opportunities for engaging in teaching as teaching assistants, and teacher training is provided. We emphasise the dissemination of your research output, where students are given opportunities to present their papers in the departmental internal seminar series. We also have the annual doctoral symposium, where all students and staff get together to discuss research outputs in a friendly academic environment. Such event will give you an invaluable inspiration in your research activities.
Potential student research projects:
- Economic growth
- Political economy
- Labour economics
- International macroeconomics
- Institutional economics
- Development and transition economics
- Growth theory and empirics
- Macroeconomic theory and policy
- Development economics
- Exchange rate and small macro modelling
- Applied macroeconomics
- Open economy macroeconomics
- Business cycles
- Central banking
- European economic governance
- Exchange Rate Modelling
- Applied macroeconomics
- Microeconomics theory
- Industrial economics
- Competition policy
- Applied microeconomic theory
- Applied Micro-econometrics
- Labour and family economics
- Financial econometrics
- Econometrics of panel data
- Non-stationary time series
- Nonlinear time series
- Regulatory econometrics
- Time series econometrics
- Macro Econometrics
- Behavioural finance especially momentum, disposition
- Financial development
- Market microstructure and asset pricing
- The impact of derivatives on underlying markets
- The information content of Director trades
- Executive stock options
- Insider trading (general)
- Determinants and consequences of financial reporting quality
- Applied corporate finance
- Insider trading
- Financial economics
- Emerging financial markets
- Global finance
- Credit risk and company credit rating
- Behavioural finance and neuroeconomics
- Innovation and company performance
- Non- and semi-parametric methods
- Agency Theory
- Contingent capital securities
- Debt Pricing
- Financial Contracting
- Hedge Funds
- Investment Strategies
- Performance Measurement
- International finance
- Empirical finance
- Financial crises and contagion
- Arbitrage in economic and financial markets
- Early Warning Systems
- Banking Crises
- Bank regulation
- Banking sector in emerging economies
- Bank performance
- Financial contracts, auditing and taxation on accounting quality
- Accounting regulations and financial reporting of SMEs
- Earning management anomaly and company valuation
- Behavioural accounting
In order to facilitate your research activities, we have wide range of provisions:
- We provide a number of training programmes
- Students are free to join the existing MSc programs to enhance their skills and knowledge
- We provide conference fund for a paper presentation
- Database such as Datastream and Bloomberg are available to students alongside key econometrics software.
Facts and Figures
Brunel University London REF2014 Submission: Economics and Econometrics
The Research Excellence Framework (REF) is a system for assessing the quality of research in UK higher education institutions. The results of the REF2014 have been made public in December 2014, replacing the previous REF conducted in 2008. The next REF will be undertaken in 2020.
Research Excellence Framework (REF) 2014 - A Guide for PhD Students
Teaching and Assessment
Supervisors with insight
Our supervisors create knowledge and advance understanding, and equip research students with the confidence to apply what they have learnt for the benefit of society. Take a look below at just a few of them:
Graduate destinations range from academic institutions, public sector institutions to private sector. We are proud of having many successful alumni, for example:
- In academics, our alumni are working in the University of Hull, University of Surrey and University of Glasgow as professors. Overseas, our alumni can be found in the University of Heidelberg, Lagos State University and South Western University.
- Our alumni are also found in such prestigious institutions as the European Central Bank, Institute of Public Administration in Saudi Arabia, Ministry of Strategy and Finance in Korea.
- In the private sector, our graduates are working in major banks as Barclays Capital.
At Brunel we provide many opportunities and experiences within your degree programme and beyond – work-based learning, professional support services, volunteering, mentoring, sports, arts, clubs, societies, and much, much more – and we encourage you to make the most of them, so that you can make the most of yourself.
» More about Employability
Fees for 2016/17 entry
Fees per year for 2016/17
Full time: £4,121
Part time: £2,060
Full time: £14,100
Part time: £7,050
Fees quoted are per annum and are subject to an annual increase.
Entry Criteria 2016/17
The general University entrance requirement for registration for a research degree is normally a First or Upper Second Class Honours degree and additionally, for a PhD, a Master’s degree or equivalent.
All international students must show evidence that they meet the English requirement for their course of study. This applies even if English is the native language of your home country. An appropriate level of English language competence is also expected as listed below. Find out which alternative English language qualifications we accept. Applicants may also be required to attend compulsory in-sessional English language support.
The Senate reserves the right to assess the eligibility of applicants on an individual basis.
IELTS 6.5 (with no less than 6.0 in any section)
Entry criteria are subject to review and change each academic year.
International and EU Entry Requirements
If your country or institution is not listed or if you are not sure whether your institution is eligible, please contact Admissions
This information is for guidance only by Brunel University London and by meeting the academic requirements does not guarantee entry for our courses as applications are assessed on case-by-case basis.
English Language Requirements
- IELTS: 6.5 (min 6 in all areas)
- Pearson: 58 (51 in all subscores)
- BrunELT: 65% (min 60% in all areas)
Brunel University London strongly recommends that if you will require a Tier 4 visa, you sit your IELTS test at a test centre that has been approved by UK Visas and Immigration (UKVI) as being a provider of a Secure English Language Test (SELT). Not all test centres have this status. The University can accept IELTS (with the required scores) taken at any official test centre or other English Language qualifications we accept as meeting our main award entry requirements.
However, if you wish to undertake a Pre-sessional English course to further improve your English prior to the start of your degree course, you must sit the test at an approved SELT provider. This is because you will only be able to apply for a Tier 4 student visa to undertake a Pre-sessional English course if you hold a SELT from a UKVI approved test centre. Find out more information about it.
Brunel also offers our own BrunELT English Test and accepts a range of other language courses. We also have Pre-sessional English language courses for students who do not meet these requirements, or who wish to improve their English.
Our International Pathways and Language Centre offers a number of foundation and pre-masters courses to provide you with the academic skills required for your chosen course.