PhD Position at the Finance Department – Tilburg University

Job Description & Qualification

Terms 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.
The appointment will be for the total of 48 months. The selected candidates will initially be appointed for 16 months, with an extension for the following 32 months based on a positive evaluation. The evaluation will take place after about 12 months.

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.

The appointed PhD candidate will be an employee of Tilburg University. The starting gross salary is
€ 2,541 per month (for a full-time appointment) in the first year, up to € 3,247 in the final year. In addition, there is a holiday allowance (8% of the annual salary, in May), and end-of-year bonus (8.3% of the annual salary, in December).

All university employees are covered by the so-called civil servants pension fund (ABP). Researchers from outside the Netherlands may qualify for a tax-free allowance equal to 30% of their taxable salary. The university will apply for such an allowance on their behalf. The university offers very good fringe benefits (it is one of the best non-profit employers in the Netherlands), such as an options model for terms and conditions of employment and excellent reimbursement of moving expenses.

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;
- 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 May 14, 2023. The only way to apply is online. Early applications are encouraged. Interviews are expected to take place in June 2023.
1. Statement of purpose (motivation letter)
2. Curriculum vitae
3. Official copy of your university bachelor and master degree with grades (transcripts)
4. 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.
5. 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.
6. GRE or GMAT score. You do not need to provide a GRE or GMAT test score if you have obtained a European university Bachelor’s or Master’s degree in a relevant field with GPA>=8.
7. Two letters of recommendation. Letter writers should submit their recommendations to stating vacancy number 21504.
8. The application link can be found here:

Please submit by May 14, 2023.

About the Organization

The CentER Graduate School of the Tilburg School of Economics and Management invites candidates to apply for its PhD in Finance starting in September 2023.

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:

Tilburg University
Tilburg University is one of Europe’s leading universities in the fields of business and economics, consistently ranking top 6 in Europe in the field of Finance (UT Dallas World Ranking) and #20 in Economics & Business Worldwide (US News Ranking 2021). The School of Economics and Management has 7,000 students (26% international) and 400 academic staff (50% international). The campus provides a green, academically centered environment with modern facilities and convenient local transportation. Tilburg’s central position in the Benelux offers excellent regional and international access. Major airports nearby include Amsterdam (Netherlands), Brussels (Belgium) and Düsseldorf (Germany).

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.

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:

For Additional Questions

Job ID

ID: J13157