Original PhD Blog
Find out the latest industry news from PhD requirements, the top programs in the UK, to PhD level study tips.
The UK has remained a pioneer in the history of offering top-quality higher education. It is also home to some of the most reputed and high-ranking universities in the world which offer excellent education along with world class amenities and modern infrastructure to its students. With so many universities offering a variety of courses in…Read More
In order to pursue a successful career in the field of finance, a post-graduate degree has become a must-have for any student. More and more students are enrolling in these courses so that they can further their career. The UK has a number of universities that offer such courses to students from around the world.…Read More
Having an advanced degree has become a necessity in the professional arena today. However, it is not always a simple decision for Finance students. On the one hand, they could opt for an MBA in Finance, which could help their careers in blossoming, but on the other side is the option of enrolling a PhD…Read More
A PhD is a degree that can not only boost your career ambitions but also help in improving your overall profile. Achieving such a degree involves the completion of several important tasks. One of the fundamental tasks is to choose the right topic for your PhD thesis. Without the right topic, you simply cannot expect…Read More
The UK has remained a pioneer in the history of offering top-quality higher education. It is also home to some of the most reputed and high-ranking universities in the world which offer excellent education along with world class amenities and modern infrastructure to its students. With so many universities offering a variety of courses in different fields, it becomes difficult for students to select an ideal
1. Computer Science
In this digital era, innovation has developed rapidly in the field of computers and mobile devices. By no doubt, this innovative spree will continue and will attract a large number of professionals in this field. Holding a
2. Medicine and Surgery
The science of diagnosis, treatment, and prevention of diseases is usually linked to medicine and healthcare. This is the only field which will never go out of date and will always find new ways to serve people better. With technological advances in the field of surgery, the students signing up for a
3. Sports Psychology
If you are passionate about sports and the well-being of athletes then sports psychology can be an interesting
4. Paramedic Sciences
5. Actuarial Science
The University of Kent is one of only a few schools in the UK which offers a
6. Social Science
Social sciences include subjects such as politics, economics, social work, and anthropology. It is mostly concerned with society and the relationships between humans. Both the University of Bradford and the University of Birmingham offer 3 to 4 year
7. Engineering and Technology
The ever-growing advancements made in the field of engineering and technology have inspired professionals to constantly upgrade their skill set. Whether you
8. Media and Communication
If you are keen to gain in-depth knowledge about construction, planning, and building then, a
In order to pursue a successful career in the field of finance, a post-graduate degree has become a must-have for any student. More and more students are enrolling in these courses so that they can further their career. The UK has a number of universities that offer such courses to students from around the world. Top financial services firms are always on the lookout for students who have completed their post-graduate education from these universities. So here is a look at the top 10 post-graduate programmes in finance in the UK:
1. MSc in Finance from London School of Economics
This course is one of the most popular post-degree programmes in the UK. The prestigious London School of Economics is one of the top brands in the industry. It is an ideal course for students looking to further their career in the financial services domain. Some of the top investment banks around the world including JP Morgan and Goldman Sachs recruit students from this particular programme. Apart from investment banks, the alumni from this course are working in a range of other financial organisations such as consultancies, banks, as well as other financial institutions. The course is conducted in London, and its duration is 10 months.
2. Masters in Finance from London Business School
The London Business School is also one of the most reputed institutions in the UK. Masters in Finance is a highly specialised programme which focuses on imparting niche financial skills to the students. The programme aims to impart technical skills as well as hands-on experiences to its students. The course prepares students for working with a wide variety of corporations such as financial services companies, boutique consulting firms, as well as government sector organisations. The course is conducted in London, and its duration is 10-16 months.
3. MSc in Finance from Imperial College London
This is a well-known programme which has a great reputation amongst recruiters. It aims to impart the desired level of knowledge and skills by teaching students how to find solutions to real world problems. Its range of electives provides the students with a choice to carve out a niche career. The programme offers opportunities to meet and network with the top professionals of the financial services industry. The course is conducted in London, and its duration is 12 months.
4. MPhil in Finance from Cambridge Judge Business School
This course is a combination of advanced studies as well as research. It provides students with a platform to go on and complete their PhD in the future. This course also provides students an opportunity to learn the skills required for a successful career in the field of corporate finance. It is one of the oldest degrees available in the University of Cambridge. The course is conducted in Cambridge, and its duration is 12 months.
5. MSc in Finance from Warwick Business School
The MSc in Finance from Warwick Business School provides students with a unique opportunity to acquire new skills in the field of finance, and at the same time sharpen their quantitative thinking abilities. It has excellent links to key financial institutions in the UK as well as abroad, which can be of great benefit to students enrolling in the course. The course is conducted in Coventry, and its duration is 12 months.
6. MSc in Finance from Cass Business School
This programme provides students with ample exposure to a range of topics in the field of finance as well as corporate funding mechanisms. The course focuses on developing analytical skills among its students and at the same time imparting deep knowledge on the pertinent topics. The course also has a range of electives that allow the students to choose their path within the field of finance. The course is conducted in London, and its duration is 12 months.
7. MSc in Quantitative Finance from Alliance Manchester Business School
This is a specialised course which provides the students with an opportunity to acquire skills in the quantitative finance domain. These skills come in handy while making decisions in the financial services sector. The programme also offers scholarships to eligible students from the UK as well as the EU. The course is conducted in Manchester, and its duration is 12 months.
8. MSc in Finance and Management from the University of Glasgow
The University of Glasgow is one of the most reputed institutions in the UK. It offers the students an opportunity to learn the nitty-gritties of finance in an environment which is interactive as well as inclusive. The course also ensures that the students attain the ability to evaluate the global macro as well as the micro environment in an in-depth manner. The programme allows students to gain real-life experiences in the financial domain as well. The course is conducted in Glasgow, and its duration is 12 months.
9. MSc in Corporate Finance from Henley Business School
This programme enables students to acquire knowledge pertinent to the corporate finance domain. Corporate Finance is one of the most common topics in the financial services industry. The course covers modules such as Private Equity, Mergers & Acquisitions, and Corporate Governance, which are beneficial for any student looking to further their career in the field of corporate finance. The course is conducted by the ICMA centre in partnership with the Henley Business School. The course is conducted in Henley-on-Thames, and its duration is 9-12 months.
10. MSc Financial Analysis and Fund Management from Exeter Business School
Financial Analysis and Fund Management are very common topics when it comes to the field of asset management. This is one of the most popular fields in the domain of finance. This programme allows students to acquire financial analysis skills which can help them in building a deeper understanding of financial statements. Additionally, the fund management domain allows the students to have practical experiences which can prove to be crucial for their careers down the line. The course is conducted in Exeter, and its duration is 12 months.
Having an advanced degree has become a necessity in the professional arena today. However, it is not always a simple decision for Finance students. On the one hand, they could opt for an MBA in Finance, which could help their careers in blossoming, but on the other side is the option of enrolling a
1. Career Choice
The first and foremost consideration for you has to be the field which you want to enter. If your interest lies in the world of academia, then a
Most MBA Finance degrees are limited to a two year timeframe. On the other hand, a PhD might require you to invest a significantly longer period of time. Additionally, the possible effort required for a PhD is often much more compared to an MBA in Finance. Merely choosing your topic can be a tricky aspect of a PhD, while MBA courses are much better defined in terms of their modules. A PhD degree is also dependent on your thesis being accepted, while this is not the case in an MBA in Finance where the rules are much more lenient.
3. Cost Involved
Another aspect that needs to be considered in comparing the two has to be the cost involved. While an MBA in Finance is expensive in itself, obtaining a PhD degree can prove to be much more expensive without university grants. Such grants are not available to students in every case. Without the grants, the investment required for a PhD can be too much to bear for individuals who are not from a wealthy background.
4. Practical Experiences
An MBA in Finance would teach you a lot about the corporate world. This includes the ability to handle tricky situations in the workplace, the ability to adhere to tight deadlines, as well as the soft skills that are needed in order to get work done from others. All such skills are invaluable for your career in the long run. On the other hand, if you wish to focus on the theoretical, then a
5. Ability to Switch
Furthermore, an MBA in Finance also gives you the ability to switch fields and industries at a later stage in your career. This is because there are so many spheres of work within Finance, such as investment, taxation, research, treasury, etc. On the other hand, a
6. Wage Factor
If you are looking to make more money in the future, the prospects are brighter for an MBA in Finance. This is because the theoretical research of a
Almost all full-time MBA Finance courses require you to attend classes throughout the duration of the degree. This means that there is little chance of you working remotely in order to achieve your degree. Whereas during a
In terms of collaborating with others, an MBA in Finance will provide you with more opportunities. This is due to the fact that there are numerous group projects during an MBA degree. Throughout these projects, you have to communicate, deal with your team-mates and create synergies with them. This is not possible during a PhD since in most cases you are working alone on projects. Also, working on a PhD alone can require you to collect a lot of market data individually, whereas an MBA in Finance allows you to work in groups.
9. Enrolment Criteria
The enrolment criteria for an MBA in Finance is usually much more relaxed compared to a
10. Mental Strength
Enrolling in a
Think about what interests you
In order to arrive at the topic, it is important to conduct a thorough study of previous academic research in the field that interests you. This can help you in gaining knowledge and at the same time help in shortlisting a few broad areas of interest that have gaps in research.
Consider your Masters’ Dissertation
It is often a good idea to choose a field for your PhD study related to the field of your Masters’ thesis. For instance, if you wrote a Masters Dissertation in Physics you may look into related but more advanced areas in Applied Physics to choose as a potential area for your PhD research. Previous research can also often be very helpful in giving you new ideas for a topic of research.
Research previous studies
Students are often worried about choosing the right
Formulate a strong question
If you formulate your PhD topic in the form of a research question, it will raise the probability of being accepted. However, you need to note that not all questions are equally strong. When you formulate your research question, make sure it cannot be answered with yes or no answers. Thus, the questions that start with “Are” or “Is” are usually weak questions. Strong questions will begin with words such as “How”, “To what extent” and “What”. Also, keep in mind that if you already know or can guess the answer to your question, it is most likely a weak question.
Check the availability of data and scope of research
Your PhD topic, while being challenging, must be researchable, and this depends greatly on data availability and the scope of research. Many times, students choose topics or even write proposals that are unrealistic to accomplish. In these cases, proposals will be rejected by universities. So, before you formulate your final topic, check all the available data at your disposal, make a list of all possible variables you can realistically access and then start looking for connections between the variables to come up with the final topic for your thesis.
Ensure flexibility in your topic
While your PhD topic should not be broad, it must have sufficient flexibility to be adjusted if your research encounters obstacles. For example, if you have chosen a specific phenomenon to be studied in the context of a specific country, you may want to consider formulating your research topic in the context of a region of this country. In this case, if your research meets a dead end or insufficient data for the country, you would have sufficient flexibility to compensate for this by looking at other countries in the region you mentioned in your research topic.
Check with the experts
Before submitting your PhD proposal with the topic you have developed, it is a good idea to talk to experts. People with experience such as professors, senior students, and professional writers will provide a fresh look at your topic and share their expertise. They will also be able to notice inconsistencies and weaknesses in your topic. This will allow you to make timely changes and increase your chances of being accepted.
How unique and original is your proposed topic?
PhD thesis vs. Masters Dissertation
On the other hand, a Masters Dissertation is usually submitted in the last semester of your degree and the research is not as deep as in PhD. In terms of the topic, many Masters’ dissertations are written on topics that are not 100% unique. For example, Masters’ dissertations could explore an existing topic in new contexts with new methods, and this will be considered a contribution. However, this is not enough for a PhD topic as more originality is required.
To sum up, choosing the right topic for your PhD can be a really tricky task. It needs to be carried out with great care since this can often impact your career in the long run. In order to arrive at the right topic all the steps discussed above need to be taken into account. This will ensure that you arrive at the right topic and achieve success in your quest for a PhD.