About the Program

The Faculty of Law, Economics and Finance (FDEF) at the University of Luxembourg offers a unique and rigorous PhD program in Finance. This program, conducted in the international financial hub of Luxembourg, combines world-class academic training with practical exposure to the European financial sector.

The program follows the standard international format:

• Year 1: Rigorous coursework as part of the Master in Quantitative Economics and Finance (MQEF). Courses are taught in English by faculty members and visiting scholars from top institutions, such as Princeton and the University of Chicago.
• Years 2–5: Research-focused years where students work on projects leading to their doctoral thesis.

The Department of Finance is renowned for its cutting-edge research and interdisciplinary approach, ranking among the top 10 European departments based on publications in top journals in economics, finance, and mathematical statistics. It provides a stimulating academic environment and maintains close ties with Luxembourg’s financial sector and European institutions.

Your Responsibilities

As a PhD candidate in Finance, you will:

• Conduct original research in Finance, Economics, or related fields.
• Collaborate with faculty members and researchers in the department to publish high-impact papers.
• Participate in academic activities such as seminars, conferences, and workshops hosted by the department.
• Build connections with industry leaders and European financial institutions in Luxembourg.

Eligibility Requirements

We are seeking highly motivated candidates with:

• A strong academic background in Finance, Economics, Mathematics, Physics, Computer Science, Engineering, or other quantitative fields.
• Excellent quantitative and computational skills.
• A good command of written and spoken English.
• A genuine interest in Finance, Economics, or Statistics/Econometrics.

Candidates with degrees in quantitative disciplines are particularly encouraged to apply.

What We Offer

• Multilingual and International Environment: A modern, research-oriented institution with staff and students from over 90 countries.
• Financial Support:
  • Year 1: Financial support to live in Luxembourg during the MQEF program.
  • Years 2–5: Competitive full-time employment (annual gross salary of EUR 40,952).
• Top Academic and Industry Networks: Collaborations with European institutions, Luxembourg’s financial center, and global universities.
• Facilities and Infrastructure: Access to high-quality equipment, modern campus facilities, and strong industry ties.
• Personal Development Opportunities: Engagement with innovative companies, European institutions, and non-academic partners.

Application Process

To apply, candidates must submit the following documents:

1. Motivation Letter explaining their interest in the program.
2. Detailed Curriculum Vitae with information about completed university studies and a list of quantitative courses completed at the master’s level.
3. Transcript of University Courses Taken.
4. Contact Details of Two or More Academic References.

Application Steps:

1. Apply to the Master in Quantitative Economics and Finance (MQEF) program (applications open in February 2025).
2. Submit an application through the University’s Job Portal.

Applications are reviewed on a rolling basis, and candidates are selected based on academic excellence and alignment with the department's research goals. Selected candidates will be contacted directly.

Note: Applications sent via email will not be considered.