Accounting and Finance PhD

The Department of Accounting and Finance at Lancaster University Management School (LUMS) invites applications for PhD programme in Accounting and Finance. You will work alongside world-leading academics in a busy, exciting, and innovative department.

We are looking for highly motivated candidates who have an excellent first degree and outstanding Master's level degree performance. Qualifications should be in a related discipline to your intended PhD studies. You should also be committed to pursuing an academic career. We are offering full-time studentships to commence in October 2025. All studentships pay a generous living allowance (the 2024 ESRC award was £19,237 per annum) and offer a fee waiver for four years.

The department offers an excellent research environment, with a high level of collegiality, subscriptions to state-of-the-art databases, a strong seminar series, and a senior visitors programme. The Department of Accounting and Finance is one of the largest departments within LUMS – a world-ranked international business school that is highly regarded by the Financial Times, QS, The Economist and more. In the 2014 and 2021 Research Excellence Framework, LUMS was ranked first in the UK in research power and is one of few business schools whose programmes are accredited by the three major international business school accreditation bodies: AMBA, EQUIS and AACSB.

The Department offers a PhD Program in Accounting and Finance. PhD students are required to complete a portfolio of PhD-level courses and seminars covering finance theory, econometric and statistical methods, and research methodology. Upon successfully completing the coursework, you will research and write a thesis on a topic you are passionate about. Two subject experts will offer detailed supervision to ensure it will contribute new knowledge to the academic community. You will also have the opportunity to gain international experience by visiting a leading US/European school with expertise in a relevant research area. We offer an excellent environment for PhD studies, including dedicated office space, generous funding of conference and research visits, access to many specialised databases, as well as scientific computing facilities and IT support.

The Department has been consistently building the strength of a doctoral programme for many years. It has developed comprehensive PhD training to enable our PhD graduates to succeed in the job market. Apart from training delivered by our own excellent faculty, our department regularly invites distinguished visiting professors from the best universities in the world to deliver doctoral tutorials on specialised research topics. Our PhD students have the privilege of being trained by world-leading scholars every summer and have extensive opportunities to consult external experts.

In recent years, our PhD graduates have successfully joined many excellent universities, research centres and institutions, including the Australian National University, Bocconi University, Chinese University of Hong Kong, Durham, LSE, Liverpool, Maastricht, Manchester, Monash, Oxford, and Warwick Universities.

PhD Award
Full-time Study Mode
4 - 5 years Duration

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