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International Finance

Building on the strengths of the international business and finance faculties, we offer an international finance emphasis in the Ph.D. in Business Administration program.

The international finance program is housed within the Department of International Business.  We are interested in equipping students who have strong interest in international finance to become leading scholars in this field. We encourage students to pursue research topics applying core finance concepts to the international arena. We also encourage interdisciplinary research with a focus on global finance.

Since 1989, The Darla Moore School of Business at the University of South Carolina has been ranked number 1 or 2 in the nation in the field of International Business/Global Management, based on surveys published by U.S. News & World Report in its annual "America's Best Graduate Schools" issue. Since 1996, the Moore School's undergraduate international business program has received the distinction of being ranked #1 by the magazine.  For more information about how the school is ranked, view us in U.S. News & World Report's latest rankings.

The International Finance area will next admit students for the 2018-2019 academic year.

Please contact Omrane Guedhami at 803.777.2175 or for more information about the international finance Ph.D. program.

International Finance: Program of Study

Building on the strengths of the international business and the finance faculties, the international finance concentration incorporates doctoral courses in International Business and Finance areas as follows: 

Doctoral Seminars in International Business

• Sociological and Political Perspectives of International Business
• Economic Perspectives and International Business Theories
• Psychological and Cultural Perspectives/Strategy
• Financial Markets and Governance/MNC Financial Management
• Advanced Topics in International Finance
• MNC Management and MNC Subsidiary
• Emerging Market/Sustainability

Doctoral Seminars in Finance

• Principles of Finance
• Corporate Finance
• Asset Pricing
• Empirical Methods in Financial Research

To equip students to research and publish in top finance and international business journals, the doctoral core also includes a substantial background in econometrics, mathematical statistics and stochastic processes, along with other statistical techniques applicable to extending the theoretical and empirical understanding of international finance.  

Research and Teaching Support

Doctoral students in international finance have a close working relationship with the faculty, often participating in joint research projects.  Students also have the opportunity to become involved in research at or through USC's Center for International Business Education and Research (CIBER). When doctoral students present papers in major academic conferences, financial aid may be given to cover some of the costs.

Within the international business department, there is a computer room and an international business library for students’ use. The Moore School has a business library with an extensive collection of books, magazines and academic journals. The school subscribes to many useful electronic databases such as Datastream, Worldscope, Bloomberg, CRSP, COMPUSTAT, LexisNexis Academic, Wall Street Journal (Pro Quest Direct), EBSCO Business Source Premier, JSTOR and more. Students can download data and articles easily.

Doctoral students are required to teach one or two undergraduate business courses within their program of study. The intention is to let them gain some teaching experience before they enter the academic job market. The students will not be asked to teach many courses since their primary focus is academic research.


Besides examinations in the regular courses, students are expected to take a comprehensive examination at the end of the second academic year.  In the fall semester of the third year, students are required to make a presentation of an academic paper they have written in front of the faculty and fellow doctoral students.  The purpose is to encourage students to work on high-quality research papers early in the program. In the third academic year, students are expected to defend their dissertation proposal. A formal defense of the finished dissertation is made before students graduate from the program.

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