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Our program’s ambition is to train the next generation of finance scholars. As such, the central question we ask ourselves when selecting a candidate for an interview (and in the ultimate admission decision) is whether it is clear that he or she wishes to, and has the ability to, pursue an academic research career. Therefore, your statement of purpose should clearly describe your professional goals and how these are in accordance with your existing scholastic and professional achievements.
Here are some guidelines for what you should bring with you:
Students with ambitions for entering our program may wish to look at the recommended reading list which we give to newly accepted students.
GMAT or GRE is recommended for all applicants. It is required for applicants with master degrees from non-Bologna states or with master degrees in fields other than economics, finance or business administration ("fachfremd"). Standardized tests can not be waived and scores must be no older than five years. Scores for tests taken after the deadline will not be considered in our evaluation.
The GMAT is expected to surpass 660 points. The GMAT institution code for the University of Zurich, Doctoral Program in Finance is: 7382.
The GRE is expected to surpass 165 for Verbal Reading and 153 for Quantitative Reasoning. The University of Zurich's institution code for GRE ist 7136.
We do not accept Score Reports from the GRE General Test at home and the GMAT online exam.
Industry work experience, no matter if it was in the banking industry or other fi nancial institutions, in the area of consulting, the public sector, your own company, a hedge fund, etc., is certainly not required. It can be a useful asset. However, if you have industry experience, it becomes particularly important for you to explain, first, why you are wishing to become an academic (for this is the explicit goal of our doctoral program) and, second, what precise and explicit benefit your experience has had to pursuing genuine academic research.
Obviously, candidates from internationally renowned universities will have an advantage. Please note, however, that our students come from all over the world. No university is categorically ruled out, but candidates from less well-known universities will have a correspondingly higher burden with respect to demonstrating that their background is commensurate with the desired level. Those students who took the effort to augment their studies with a (possibly second) master's degree from a distinctly higher-ranked university will have considerably better chances.
Another, very smart option is the following. You should consider applying for our M.Sc. degree in Quantitative Finance. That program is also highly competitive and - given its joint degree status with the renowned ETH - is highly visible in both industry and academics. Indeed, students who have successfully completed it are often in an excellent position for pursuing a strong career in the financial services industry and potentially also primed for further studies at a doctoral level. As usual, however, students are not financially supported in this program. If you do exceptionally well in this program, and can also demonstrate the other skills mentioned above, then your chances of entering our doctoral program are quite high.