Is it hard to get a Ph.D in Finance?

<p>Pursuing a PhD in finance can be very difficult due to it's rigorous academic requirements and competitive nature of the field. For this course, a solid understanding of econometrics, quantitative methods and complicated financial theories is essentially required. Admission to top colleges are highly competitive which often require a strong academic records, high scores in standardized tests like the GRE or GMAT and relevant research experience. After the admission, students have to complete demanding courses, succeed on thorough tests and produce original research works that makes a substantial contribution to the subject. In addition to academic ability, the process also requires persistence, patience and a love of financial research. Therefore, obtaining a PhD in Finance is beneficial for the individuals who are dedicated to furthering their knowledge of the field and obtaining academic or highly analytical employment, even though it is undoubtedly demanding.</p>

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