A specialisation is a focused collection of courses within a programme that allows you to gain deep, targeted knowledge in a specific sub-field. Normally these courses make up more than 50 percent of a qualification, some of which lead to registration within a certain field. They may be interdisciplinary, professionally oriented, or designed to meet accreditation requirements. Specialisations often restrict elective choice in favour of a clearly defined study plan.

Completed specialisations will appear on your academic transcript.

Please see the main programme link below for further details.

When you undertake your doctorate in Finance at the University of Auckland Business School, you’ll join a high-calibre research community and have opportunities to publish papers, attend international conferences and develop a network in academia and industry.

PhD - Doctor of Philosophy

Our researchers are currently examining how investors and firms allocate scarce resources over time. This covers corporate financial decision-making, investment analysis, portfolio management and financial instruments, and institutions and markets.

We invite research proposals in any of the following or related topics**:

• Investments, asset pricing, financial anomalies and machine learning applications in finance
• The cost of capital - The factors that determine the required rate of return on risky asset, topics related to capital budgeting, the valuation of firms and the regulation of pricing
• Initial public offerings of equity securities and seasoned equity offerings - The factors affecting under-pricing and the history of the under-pricing phenomenon
• Market microstructure - The impact of "market architecture" on the outcomes of the trading process
• Securities’ market regulation - The regulation of information disclosure in financial markets and its impact on the financial information environment
• Risk management - The identification and measurement of financial risks and the management of these risks using financial instruments
• Banking, financial institutions and regulation - Bank supervision and regulation; the global financial crisis

**Note: this is not an exhaustive list.