PhD Position at the Department of Finance – Tilburg University

Job Description & Qualification

About the program:
The PhD program consists of 1.5 years of graduate level coursework, followed by 2.5 years of dissertation research. The coursework covers microeconomics, macroeconomics, and econometrics as well as field courses in corporate finance, asset pricing, banking, behavioral finance, and advanced topics in finance. CentER’s graduate school offers a broad choice of advanced courses in economics, including behavioral and experimental, (financial) econometrics, accounting, and strategy. The PhD phase trains students to develop original scholarly research at the frontiers of financial economics. All courses are taught in English, which is the University’s official language.
CentER offers an excellent research environment, with a community of graduate students from many countries, access to a wide array of research databases, excellent facilities to conduct experiments, state-of-the-art library, a programming group, and support for grant applications. The Department of Finance is among Europe’s largest and most productive: ation/departments/finance

We look for ambitious, intellectually curious, and hard-working students who want to become leading scholars or contribute to public or private institutions. Applicants should have a strong background in economics or business, an aptitude to critical and creative thinking, and a strong motivation.

Candidates should possess the following requirements:
- An high quality Bachelor’s and Master’s degree in business (finance), econometrics, or economics.
- Excellent academic record (top 10% of their class).
- A recent GMAT or GRE test score (top 10%);
- Proficiency in English, (TOEFL above 100, or IETLS above 7.0)
- At least two academic letters of reference, a personal motivation letter, and an up-to-date CV.

Application Procedure

To apply for this position, please submit the following documents by February 1, 2022. The only way to apply is online. Early applications are encouraged. Interviews are expected to take place in February 2022.
1. Statement of purpose (motivation letter)
2. Curriculum vitae
3. Copy of ID
4. Official copy of your university bachelor and master degree with grades (transcripts)
5. A pdf copy of your master thesis written in English or other research-oriented output. This work must be single- or first-authored. If you are currently working on your master thesis, feel free to submit your thesis draft.
6. Proof of English proficiency (IELTS, TOEFL, etc.). You can get an exemption for the English language test if you have completed a 3-years Academic Bachelor’s program (of at least 180 ECTS credits) fully taught in English at an accredited research university.
7. GRE or GMAT score. You do not need to provide a GRE or GMAT test score if you have obtained a Dutch university Bachelor’s or Master’s degree in a relevant field with GPA>=8.
8. Two letters of recommendation. Letter writers should submit their recommendations to stating vacancy number 18852.
9. The application link can be found here:

Additional information can be obtained from
Prof. dr. Fabio Braggion (

The application deadline is : February 1, 2022.
The only way to apply is online.
Early applications are encouraged.

About the Organization

The CentER Graduate School of the Tilburg School of Economics and Management (TiSEM) invites candidates to apply for its PhD in Finance starting in September 2022.

CentER’s Finance graduate program is among Europe’s best PhD schools. We place our graduates in leading universities and public institutions around the world, including Chicago Booth, Marshall School (University of Southern California), Boston University, the University of British Columbia, Toronto Rotman, the Federal Reserve Board, the International Monetary Fund, HEC Paris, BI Oslo, University of Manchester, Bocconi University, Bonn University, Nova University of Lisbon, the University of Melbourne, Hong Kong City University, and Singapore Management University.

More on our track record can be found here:

Terns of employment:
PhD candidates will be employed by Tilburg University, which is one of the best non-profit employers in the Netherlands and has an excellent policy concerning terms of employment. The appointment is intended to lead to the completion of a PhD dissertation.

During the first year, you will receive extensive training in theory and methods by taking several PhD-level courses. For the remaining three years, 80% of the position’s time will be dedicated to the completion of your PhD research, and 20% to the acquisition of academic skills through teaching courses and supervising master/bachelor theses within the department.

Appointed PhD candidates are employees of Tilburg University. The salary for the PhD position amounts € 2,434 per month gross in the first year, rising to € 3,111 per month in the fourth year. You are entitled to a holiday allowance amounting to 8% and a year-end bonus of 8.3% of your gross yearly income. Employees recruited from abroad may be eligible for the 30% tax facility, which means that 30% of your salary will be paid as a tax-free reimbursement. The university will apply for such tax facility on their behalf. All university employees are covered by the so-called civil servants pension fund (ABP). The university offers very good fringe benefits, such as an options model for terms and conditions of employment and reimbursement of moving expenses.

For Additional Questions

Job ID

ID: J10224