Finance (PIF) The Ph.D. in Finance (PiF) programme is tailored towards a high-quality and internationally orientated education in financial research. It prepares students to pursue an academic career or to take up an applied research position in a central bank, an international policy institution or in the financial sector. The PiF programme is offered by the School of Finance of the University of St.Gallen, one of the largest finance groups in continental Europe. Our faculty has expertise in a wide variety of topics ranging from asset pricing and banking to corporate finance and market microstructure. In the PIF programme, students learn the quantitative and qualitative methods of modern finance research. Our large finance faculty and the resources devoted to the Ph.D. programme allow for a broad range of core electives. Ph.D. candidates can expect close faculty guidance while pursuing their own research. They are expected to publish their research in well-known international scientific journals and present it at international conferences. We welcome excellent graduates of Master's programmes in finance, business administration, economics, mathematics, physics, or engineering.