{"id":535,"date":"2023-06-16T12:24:15","date_gmt":"2023-06-16T12:24:15","guid":{"rendered":"https:\/\/website.prod.unilu.spikeseed.cloud\/research-en\/?page_id=535"},"modified":"2026-04-20T09:01:06","modified_gmt":"2026-04-20T07:01:06","slug":"finance","status":"publish","type":"page","link":"https:\/\/www.uni.lu\/research-en\/doctoral-education\/dsefm\/finance\/","title":{"rendered":"Doctoral Programme in Finance"},"content":{"rendered":"<div class=\"section py-0 static\"><div class=\"section py-0 section wp-block-unilux-blocks-navigation-and-hero py-0\">\n    \n<div class=\"wp-block-unilux-blocks-wrapper container xl:max-w-screen-xl\"><div class=\"js-secondary-nav--sticky wp-block-unilux-blocks-secondary-navigation\" id=\"80e57c08-1b69-41c4-9fcd-c6e70a2934bd\">\n    <nav\n        id=\"secondary-navigation\"\n        role=\"navigation\"\n        aria-label=\"Secondary menu\"\n        class=\"secondary-nav\"\n    >\n        <button\n            class=\"secondary-nav__button btn btn-solid--primary w-full\"\n            aria-expanded=\"false\"\n            aria-controls=\"secondary-navigation__list\"\n            title=\"The selected page is Overview\"\n            type=\"button\"\n        >\n            <span class=\"btn__name mr-auto\">Overview<\/span>\n            <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--xs\">\n                <use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--arrow-down\" \/>\n            <\/svg>\n        <\/button>\n\n        <ul id=\"secondary-navigation__list\" class=\"secondary-nav__list\">\n            <li class=\"secondary-nav__item\">\n    <a\n        href=\"https:\/\/www.uni.lu\/research-en\/doctoral-education\/dsefm\/finance\/\"\n        target=\"\"\n        rel=\"noreferrer noopener\"\n        class=\"secondary-nav__link isactived\"\n        aria-current=\"page\"    >\n        <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--xs\">\n            <use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--arrow-right\" \/>\n        <\/svg>\n        <span class=\"secondary-nav__name\">Overview<\/span>\n    <\/a>\n<\/li>\n<li class=\"secondary-nav__item\">\n    <a\n        href=\"https:\/\/www.uni.lu\/research-en\/doctoral-education\/dsefm\/finance\/training\/\"\n        target=\"\"\n        rel=\"noreferrer noopener\"\n        class=\"secondary-nav__link \"\n            >\n        <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--xs\">\n            <use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--arrow-right\" \/>\n        <\/svg>\n        <span class=\"secondary-nav__name\">Training<\/span>\n    <\/a>\n<\/li>\n<li class=\"secondary-nav__item\">\n    <a\n        href=\"https:\/\/www.uni.lu\/research-en\/doctoral-education\/dsefm\/finance\/admission\/\"\n        target=\"\"\n        rel=\"noreferrer noopener\"\n        class=\"secondary-nav__link \"\n            >\n        <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--xs\">\n            <use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--arrow-right\" \/>\n        <\/svg>\n        <span class=\"secondary-nav__name\">Admission<\/span>\n    <\/a>\n<\/li>\n<li class=\"secondary-nav__item\">\n    <a\n        href=\"https:\/\/www.uni.lu\/research-en\/doctoral-education\/dsefm\/finance\/testimonials\/\"\n        target=\"\"\n        rel=\"noreferrer noopener\"\n        class=\"secondary-nav__link \"\n            >\n        <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--xs\">\n            <use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--arrow-right\" \/>\n        <\/svg>\n        <span class=\"secondary-nav__name\">Testimonials<\/span>\n    <\/a>\n<\/li>\n        <\/ul>\n    <\/nav>\n<\/div>\n<\/div>\n\n<div class=\"wp-block-unilux-blocks-wrapper max-w-screen-3xl mx-auto section py-0\">\n<section class=\"section no-padding-y wp-block-unilux-blocks-hero\">\n    <div class=\"hero hero--2 hero--overlay-top hero--overlay-bottom\">\n        \n<header class=\"wp-block-unilux-blocks-wrapper hero__header\">\n<div class=\"wp-block-unilux-blocks-wrapper hero__container\">\n<span class=\"hero__title__subject wp-block-unilux-blocks-plain-text\"><\/span>\n\n\n<h1 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"research-and-training-in-finance-at-the-highest-level\"\n    >\nResearch and training in Finance at the highest level<\/h1>\n<\/div>\n<\/header>\n<figure class=\"wp-block-dev4-reusable-blocks-image hero__visual object-fit--cover\">\n    \n<img decoding=\"async\" class=\"wp-block-image unilux-custom-image-block\"\n                alt=\"Doctoral Programme in Finance. Cover\"\n            src=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/8\/2023\/06\/doctoral_programme_Finance_-Overview_1.jpg\"\n                srcset=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/8\/2023\/06\/doctoral_programme_Finance_-Overview_1-300x200.jpg 300w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/8\/2023\/06\/doctoral_programme_Finance_-Overview_1-1024x681.jpg 1024w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/8\/2023\/06\/doctoral_programme_Finance_-Overview_1-768x511.jpg 768w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/8\/2023\/06\/doctoral_programme_Finance_-Overview_1-1536x1022.jpg 1536w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/8\/2023\/06\/doctoral_programme_Finance_-Overview_1.jpg 2000w\"\n                style=\"object-position: 50.00% 50.00%; font-family: &quot;object-fit: cover; object-position: 50.00% 50.00%;&quot;; aspect-ratio: 16\/9; object-fit: cover; width: 100%;\"\n        loading=\"lazy\"\n\/>    <\/figure>\n<div class=\"wp-block-unilux-blocks-wrapper hero__body\">\n<div class=\"wp-block-unilux-blocks-wrapper hero__container\">\n<p class=\"wp-block-unilux-blocks-plain-text\">The programme attracts promising students in a stimulating environment. Its goal is to produce scholars with expertise in finance, economics, and data science.<\/p>\n\n\n<ul class=\"wp-block-unilux-blocks-custom-buttons btn-list\"><li class=\"wp-block-unilux-blocks-custom-button\"    aria-disabled=\"false\"\n    >\n    <a\n        role=\"link\"\n        aria-disabled=\"false\"\n                    href=\"https:\/\/www.uni.lu\/fdef-en\/research-departments\/department-of-finance\/\"\n                target=\"_self\"\n        class=\"btn btn--secondary\"\n            >Department of Finance<\/a>\n<\/li>\n\n\n<\/ul>\n<\/div>\n<\/div>\n    <\/div>\n<\/section><\/div>\n<\/div>\n\n\n<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\"><div class=\"icon-info-wrapper\">\n    <ul class=\"wp-block-unilux-blocks-icon-info\">\n        <li class=\"wp-block-unilux-blocks-icon-info-item\">\n    \n<div class=\"wp-block-unilux-blocks-wrapper icon-info\">\n<div class=\"icon--primary icon--secondary-2  wp-block-unilux-blocks-icon-picker\">\n    <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--duration \"><use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--duration\"><\/use><\/svg><\/div>\n\n\n<p class=\"has-1-125-rem-font-size\">Duration<br><strong>3-5 years<\/strong><\/p>\n<\/div>\n<\/li>\n<li class=\"wp-block-unilux-blocks-icon-info-item\">\n    \n<div class=\"wp-block-unilux-blocks-wrapper icon-info\">\n<div class=\"icon--primary icon--secondary-2  wp-block-unilux-blocks-icon-picker\">\n    <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--languages \"><use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--languages\"><\/use><\/svg><\/div>\n\n\n<p class=\"has-1-125-rem-font-size\">Working Languages<br><strong>English<\/strong><\/p>\n<\/div>\n<\/li>\n<li class=\"wp-block-unilux-blocks-icon-info-item\">\n    \n<div class=\"wp-block-unilux-blocks-wrapper icon-info\">\n<div class=\"icon--primary icon--secondary-2  wp-block-unilux-blocks-icon-picker\">\n    <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--admissions \"><use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--admissions\"><\/use><\/svg><\/div>\n\n\n<p class=\"has-1-125-rem-font-size\">Admissions<br><strong>From November to June<\/strong><\/p>\n<\/div>\n<\/li>\n<li class=\"wp-block-unilux-blocks-icon-info-item\">\n    \n<div class=\"wp-block-unilux-blocks-wrapper icon-info\">\n<div class=\"icon--primary icon--secondary-2  wp-block-unilux-blocks-icon-picker\">\n    <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--fees \"><use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--fees\"><\/use><\/svg><\/div>\n\n\n<p class=\"has-1-125-rem-font-size\">Fee<br><strong>\u20ac400\/semester<\/strong><\/p>\n<\/div>\n<\/li>\n    <\/ul>\n<\/div>\n<\/div><\/section>\n\n\n\n<section class=\"py-0 wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\">\n<h2 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"student-on-the-job-market-2024-2025\"\n    >\nStudent on the job market 2024-2025<\/h2>\n\n\n\n<ul class=\"wp-block-unilux-blocks-highlighted-list list-highlighted list-highlighted--architectural\"><li class=\"list-highlighted__item  wp-block-unilux-blocks-highlighted-list-item\">\n    <header class=\"list-highlighted__header wp-block-unilux-blocks-highlighted-list-item-header\">\n    \n<h4 class=\"title text-18 font-bold has-text-align-left wp-block-unilux-blocks-heading\"        id=\"elizaveta-nekrasova\"\n    >\nElizaveta Nekrasova<\/h4>\n<div class=\"wp-block-unilux-blocks-bigtext\">\n    <span>\n        \n    <\/span>\n<\/div><\/header><div class=\"list-highlighted__body wp-block-unilux-blocks-highlighted-list-item-body\">\n    <div class=\"wp-block-unilux-blocks-highlighted-list-item-free-content-area\">\n    \n<p class=\"has-text-align-center\">Ph.D. in Finance&nbsp;<br>University of Luxembourg<\/p>\n\n<ul class=\"wp-block-unilux-blocks-custom-buttons btn-list justify-center\"><li class=\"wp-block-unilux-blocks-custom-button\"    aria-disabled=\"false\"\n    >\n    <a\n        role=\"link\"\n        aria-disabled=\"false\"\n                    href=\"https:\/\/sites.google.com\/view\/elizanekrasova\/\"\n                target=\"_blank\"\n        class=\"btn btn--primary\"\n            >Website<\/a>\n<\/li>\n<\/ul>\n<\/div><\/div><\/li><\/ul>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<h2 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"an-ambitious-programme\"\n    >\nAn ambitious programme<\/h2>\n\n\n\n<p>The programme offers training comparable to the most&nbsp;renowned finance departments. The first year is an intense coursework. It goes from the basics to the knowledge frontier in economics, econometrics, and finance. The second and third years offer specialized courses. All courses are in English and taught by local faculty and visiting scholars from renowned universities\/business schools (e.g., University of Chicago, LBS etc.). Most students typically find their doctoral advisor in the second year of the programme. Advisors take great care of the students so they can advantageously compete with students from the most&nbsp;renowned universities.&nbsp;<\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<h2 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"a-stimulating-environment\"\n    >\nA stimulating environment<\/h2>\n\n\n\n<p>The <a href=\"https:\/\/www.uni.lu\/fdef-en\/research-departments\/department-of-finance\/\">Department of Finance<\/a> is situated in the heart of Luxembourg&#8217;s financial hub at <a href=\"https:\/\/www.uni.lu\/en\/about\/campuses\/kirchberg-campus\/\">Kirchberg Campus<\/a>. It comprises over 15 full-time faculty members with a strong research orientation cultivated in renowned economics and finance departments, such as Bocconi University, Carnegie Mellon University, Duke University, Institut Polytechnique de Paris (ENSAE-CREST), New York University, Paris School of Economics, University of Rochester, and the Swiss Finance Institute (Universities of Geneva and Lausanne). Despite its recent creation, it has become a prominent finance department in Europe. It comfortably ranks among the top 10 European finance departments based on the number of top economics, mathematical statistics, and finance publications per capita. It provides an international and stimulating environment with regular top research seminars and several prestigious conferences. Furthermore, its collaborative spirit extends within the University of Luxembourg, with close ties to the Department of Mathematics and the Department of Economics and Management. The Department of Finance also collaborates with key players in Luxembourg&#8217;s financial landscape, including the Luxembourg Financial Center, the European Stability Mechanism, the Central Bank of Luxembourg, and various other economic and financial institutions.<\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<h2 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"how-to-join\"\n    >\nHow to join ?<\/h2>\n\n\n\n<p>In February, admissions to the Master in Quantitative Economics and Finance (<a href=\"https:\/\/eur01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.uni.lu%2Ffdef-en%2Fstudy-programs%2Fmaster-in-quantitative-economics-and-finance%2Fadmissions%2F&amp;data=05%7C02%7Ccaroline.wachs%40uni.lu%7Ce15e126a9e334c98c3b008dcc9ea618e%7C445a9c950f9d49539db1bc4a45dd1220%7C0%7C0%7C638607255705743407%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=QWMPYXB9NewA94KMci1zFw7tbkaBGWte%2BPSzSbX9AGc%3D&amp;reserved=0\">MQEF<\/a>), which plays the role of the first year of the PhD program, open. In parallel, the Department of Finance usually posts an ad on the&nbsp;<a href=\"https:\/\/eur01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Frecruitment.uni.lu%2Fen%2Findex.html%3FLOV52%3D11696%26SUBDEPT2%3D3%26LOV53%3DAll%26keywords%3D%26Resultsperpage%3D50%26srcsubmit%3DSearch%26statlog%3D1%26ID%3DQMUFK026203F3VBQB7V7VV4S8%26mask%3Dkarriereseiten%26LG%3DUK&amp;data=05%7C02%7Ccaroline.wachs%40uni.lu%7Ce15e126a9e334c98c3b008dcc9ea618e%7C445a9c950f9d49539db1bc4a45dd1220%7C0%7C0%7C638607255705750742%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=W%2FmJPWY3djjoFErvWlylf8%2BjiBgWNFBtFET7sKwA19I%3D&amp;reserved=0\" target=\"_blank\" rel=\"noreferrer noopener\">University\u2019s Job Portal<\/a>. &nbsp; Prospective PhD students should apply to <strong>both<\/strong> the&nbsp;<a href=\"https:\/\/eur01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.uni.lu%2Ffdef-en%2Fstudy-programs%2Fmaster-in-quantitative-economics-and-finance%2Fadmissions%2F&amp;data=05%7C02%7Ccaroline.wachs%40uni.lu%7Ce15e126a9e334c98c3b008dcc9ea618e%7C445a9c950f9d49539db1bc4a45dd1220%7C0%7C0%7C638607255705757854%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=4O4LbpDE3NMYg4hV99DgUnuRE20qAq%2Bjd58Zxs0Rtj0%3D&amp;reserved=0\">MQEF<\/a> and the&nbsp;<a href=\"https:\/\/eur01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Frecruitment.uni.lu%2Fen%2Findex.html%3FLOV52%3D11696%26SUBDEPT2%3D3%26LOV53%3DAll%26keywords%3D%26Resultsperpage%3D50%26srcsubmit%3DSearch%26statlog%3D1%26ID%3DQMUFK026203F3VBQB7V7VV4S8%26mask%3Dkarriereseiten%26LG%3DUK&amp;data=05%7C02%7Ccaroline.wachs%40uni.lu%7Ce15e126a9e334c98c3b008dcc9ea618e%7C445a9c950f9d49539db1bc4a45dd1220%7C0%7C0%7C638607255705763372%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=7%2BfGMWrVTergIldP4zoV0YMLsXvsQHfGYHNowpZvyeQ%3D&amp;reserved=0\" target=\"_blank\" rel=\"noreferrer noopener\">University\u2019s Job Portal<\/a>. Applications are reviewed regularly. The Department of Finance contacts selected candidates. The sooner you apply, the better.&nbsp;Most students are hired on behalf of the Department of Finance, and find their advisor in the second year of the programme.<\/p>\n\n\n\n<p>Candidates with a degree in Mathematics, Physics, Computer Science, Engineering or another quantitative subject are particularly encouraged to apply. Candidates who already hold a research-oriented Master\u2019s Degree in Economics, Finance, Financial Engineering, Econometrics, Statistics, or other related fields (ideally with a quantitative focus) may, exceptionally, directly join the second year of the programme.<\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<h2 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"funding\"\n    >\nFunding<\/h2>\n\n\n\n<p>Scholarships are available for promising students in the first year (Master in Quantitative Economics &amp; Finance).<\/p>\n\n\n\n<p>Full-time positions with a competitive salary are offered from the second year.<\/p>\n<\/div><\/section>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<section class=\"py-0 wp-block-unilux-blocks-testimonials-section section\"><div class=\"container xl:max-w-screen-xl\">\n<h2 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"testimonials\"\n    >\nTestimonials<\/h2>\n\n\n\n<ul class=\"flex flex-wrap -mx-16\">    <div class=\"ulux-card card-testimonial bg-theme\">\n        <div class=\"ulux-card__container\">\n            <div class=\"ulux-card__visual\">\n\n                <img decoding=\"async\" src=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2024\/04\/1687173732159-300x243.jpg\" srcset=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2024\/04\/1687173732159-768x621.jpg 768w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2024\/04\/1687173732159-300x243.jpg 300w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2024\/04\/1687173732159.jpg 800w\" sizes=\"(max-width: 768px) 100vw, 768px\" alt=\"\">\n\n            <\/div>\n            <span class=\"quote-people__quote\" >\u201f<\/span>\n            <div class=\"ulux-card__body\">\n                <div class=\"ulux-card__category\">Alumni<\/div>\n                <h3 class=\"ulux-card__title\">This program is an excellent fit for ambitious individuals eager for a challenging, intellectually rich research journey<\/h3>\n                <div class=\"card__name\">Aleksandr Ermakov<\/div>\n                <a class=\"ulux-card__link link-text link-absolute\"\n                    href=\"https:\/\/www.uni.lu\/fdef-en\/testimonials\/this-program-is-an-excellent-fit-for-ambitious-individuals-eager-for-a-challenging-intellectually-rich-research-journey\/\"\n                    target=\"\">\n                    <span class=\"link-text__name\">Learn more<\/span>\n                    <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--arrow-right icon--2xs\"><use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--arrow-right\"><\/use><\/svg>                <\/a>\n            <\/div>\n        <\/div>\n    <\/div>\n\n\n\n    <div class=\"ulux-card card-testimonial bg-theme\">\n        <div class=\"ulux-card__container\">\n            <div class=\"ulux-card__visual\">\n\n                <img decoding=\"async\" src=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/09\/15131901\/Nekrasova-300x230.png\" srcset=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/09\/15131901\/Nekrasova-768x590.png 768w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/09\/15131901\/Nekrasova-300x230.png 300w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/09\/15131901\/Nekrasova-1024x786.png 1024w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/09\/15131901\/Nekrasova.png 1037w\" sizes=\"(max-width: 768px) 100vw, 768px\" alt=\"\">\n\n            <\/div>\n            <span class=\"quote-people__quote\" >\u201f<\/span>\n            <div class=\"ulux-card__body\">\n                <div class=\"ulux-card__category\">Alumni<\/div>\n                <h3 class=\"ulux-card__title\">The PhD program in Finance was an incredibly rewarding experience<\/h3>\n                <div class=\"card__name\">Elizaveta NEKRASOVA<\/div>\n                <a class=\"ulux-card__link link-text link-absolute\"\n                    href=\"https:\/\/www.uni.lu\/fdef-en\/testimonials\/the-phd-program-in-finance-was-an-incredibly-rewarding-experience\/\"\n                    target=\"\">\n                    <span class=\"link-text__name\">Learn more<\/span>\n                    <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--arrow-right icon--2xs\"><use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--arrow-right\"><\/use><\/svg>                <\/a>\n            <\/div>\n        <\/div>\n    <\/div>\n\n\n\n    <div class=\"ulux-card card-testimonial bg-theme\">\n        <div class=\"ulux-card__container\">\n            <div class=\"ulux-card__visual\">\n\n                <img decoding=\"async\" src=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/07\/29093858\/Picutre-4-300x225.jpg\" srcset=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/07\/29093858\/Picutre-4-768x576.jpg 768w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/07\/29093858\/Picutre-4-300x225.jpg 300w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/07\/29093858\/Picutre-4-1024x768.jpg 1024w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/07\/29093858\/Picutre-4-1536x1152.jpg 1536w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/07\/29093858\/Picutre-4-2048x1536.jpg 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" alt=\"\">\n\n            <\/div>\n            <span class=\"quote-people__quote\" >\u201f<\/span>\n            <div class=\"ulux-card__body\">\n                <div class=\"ulux-card__category\">Alumni<\/div>\n                <h3 class=\"ulux-card__title\">I was given room to grow intellectually and professionally in an environment that truly values research excellence<\/h3>\n                <div class=\"card__name\">Tobi Oladiran<\/div>\n                <a class=\"ulux-card__link link-text link-absolute\"\n                    href=\"https:\/\/www.uni.lu\/fdef-en\/testimonials\/i-was-given-room-to-grow-intellectually-and-professionally-in-an-environment-that-truly-values-research-excellence\/\"\n                    target=\"\">\n                    <span class=\"link-text__name\">Learn more<\/span>\n                    <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--arrow-right icon--2xs\"><use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--arrow-right\"><\/use><\/svg>                <\/a>\n            <\/div>\n        <\/div>\n    <\/div>\n\n<\/ul>\n\n\n\n<ul class=\"wp-block-unilux-blocks-wrapper btn-list justify-center\"><li class=\"wp-block-unilux-blocks-custom-button\"    aria-disabled=\"false\"\n   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class=\"quick-link__text\">\n                    Research at the University                <\/span>\n                <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--arrow-right \"><use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--arrow-right\"><\/use><\/svg>            <\/span>\n    <\/a>\n<\/li>\n\n\n\n<li class=\"wp-block-unilux-blocks-quick-link-discover-item\">\n    <a\n                    href=\"https:\/\/www.uni.lu\/fdef-en\/research-departments\/department-of-finance\/\"\n                    class=\"quick-link\"\n            target=\"\"\n    >\n            <span class=\"quick-link__container\">\n                <span class=\"quick-link__text\">\n                    Department of Finance                <\/span>\n                <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--arrow-right \"><use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--arrow-right\"><\/use><\/svg>            <\/span>\n    <\/a>\n<\/li>\n\n\n\n<li class=\"wp-block-unilux-blocks-quick-link-discover-item\">\n    <a\n                    href=\"https:\/\/www.uni.lu\/en\/for-prospective-students-and-doctoral-candidates\/#life-at-the-university\"\n                    class=\"quick-link\"\n            target=\"\"\n    >\n            <span class=\"quick-link__container\">\n                <span class=\"quick-link__text\">\n                    Life at uni.lu                <\/span>\n                <svg aria-hidden=\"true\" focusable=\"false\" class=\"icon icon-outline icon--arrow-right \"><use xlink:href=\"https:\/\/www.uni.lu\/wp-content\/themes\/unilux-theme\/assets\/images\/icons\/icons-outline.svg#icon--arrow-right\"><\/use><\/svg>            <\/span>\n    <\/a>\n<\/li>\n<\/ul>\n    <\/div>\n<\/section><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":287,"featured_media":0,"parent":76,"menu_order":96,"comment_status":"closed","ping_status":"closed","template":"","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"Doctoral Programme in Finance","uluxPrePostTitle":"Doctoral 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