EXCEL IN THE DYNAMIC FINANCE FIELD

The Doctorate of Finance provides an in-depth study of the strategic financial issues in today’s economy and provides a solid base for conducting comprehensive research in the field. The courses created and the issues raised typically have a theoretical, mathematical and business application. The Doctorate of Finance is ideal for individuals with very strong financial backgrounds and previous financial education who wish to excel in this very dynamic field. It also is aimed at individuals wishing to give their career an academic direction, developing skills in applied research, financial consulting and lecturing in the field of finance.

100% FLEXIBLE

The program is entirely flexible and thus its duration depends on your progress and on the time and effort you are prepared to dedicate. Students are free to start courses at any time, this is to honor and support the particular agendas of our students who are mainly working professionals in managerial positions. Nevertheless at the beginning of each course, together with your professor, you will construct a schedule for the completion of the course.

COURSE OUTLINE

Core Stage

This course introduces students to the field of research. It examines the research process in depth and introduces doctoral candidates to the various aspects of doing scientific research, providing practical advice and insight in the field. Topics covered include hypothesis formulation and theory construction, data collection techniques, ethical issues in research, and research design.

Upon completion, participants will be able to distinguish amongst the different types of research, be aware of the tools used and their relative roles and reliability. Participants review the steps to be undertaken in the research design, writing, and in publishing the results. This is a very practical course aimed to guide participants through the work that lies ahead.

The Research Methodology and Design II course is divided in two parts, which will provide doctoral candidates with a solid foundation and valid framework to accomplish their research goals.

The first part of the course examines qualitative research and behavioral research. Topics covered include: criteria for valid and reliable research; advantages and disadvantages of different research strategies; electronic and paper tools for searching literature; research methods – observational, survey and experimental; general writing techniques and writing style; data analysis; and data presentation.

The second part of the course examines the fields of quantitative and econometric research. Topics covered include: scientific methods, cognitive guidelines, quantification and standardization in survey research and reconciling practical and scientific requirements for creating valid and unbiased surveys. It also examines research tools and applied econometrics. Topics include: regression analysis, estimation procedures, hypothesis testing, time series modeling, and forecasting.

The course permits learners to distinguish between the different methods of collecting data, analyzing data and the research techniques to be used for optimum results. A wide range of concepts and methods for observing, interviewing, recording and analyzing field data is covered, exposing the learner to quantitative and qualitative methods, and the ethical considerations in qualitative research practice. Furthermore the course provides a solid understanding of statistical tools used in empirical analysis enabling participants to develop solid analytical skills. Additional emphasis is placed on the process of rigorous formulation of research questions and design.

Specialization Stage

This course thoroughly examines the field of derivatives and the hedging strategies that can be applied to a company. Learners analyze futures, options and swaps, application of complex trading and hedging strategies, dynamic strategies, exotic options, and implied binomial trees.
This course examines commercial and investment banking from both the client and bank points of view. We explore trading and investing for the bank’s own account, making markets and providing brokerage services, raising capital for clients, advising on and executing mergers and acquisitions, and managing third-party assets. We also examine business practices in wholesale banking, Euro currencies and the global capital markets, trading, debt to equity capital, yields and yield conventions. Learners study all fields related to investor relations and their consequences.
This course explores in depth analyses of all different categories of actual and prospective debt investments, classifying them into the three main categories of today – namely corporate, sovereign and structured finance. The course concentrates on structured financing, examining the aspects of origination, analysis, marketing, primary issuance, secondary sales/trading of projection financing, non-traditional asset-backed securities, structured corporate credit, contract/operating asset securitization, and lease financing as a means of modern risk management.
This course evaluates the key portfolio management theories and practices and the instruments applied to investments and portfolios. Learners analyze many issues in international taxation, fraud, and examination. The course provides a thorough analysis of the processes of allegation, document examination, court testimonials, planning investigations, and location of assets and people. This contemporary subject has become critical in dealing with the increase of fraud and abuse of power in many entities today.
This course comprehensively addresses the complex and multidimensional subject of measuring, managing, and improving performance through the application of management control systems (MCSs). The discussions assume an advanced level of knowledge of management accounting, and practical professional experience. The course presents an all-encompassing framework within which to consider management control issues. It also presents the needed technical subject content and summaries of the relevant research literature. Most importantly, the course supports participants in applying their gained skills to specific decision-making situations. This is done with real world examples and an extensive set of case studies, which reflect the complexity that managers face when using performance measurement frameworks. While standard theories primarily focus on the use and effects of “financial results controls,” use and effects of “financial results controls,” this course also well describes situations where financial controls are either not effective or are actually counterproductive and discusses alternatives that managers can use in those situations.

Dissertation Stage

An original, academic written product is prepared by each student, presenting the systematic study of a significant problem, applying a coherent methodology, independent research, and comprehensive thinking. Recognized academic standards of organization and documentation also are elements of learning.. A mentor (typically a SMC faculty member) is assigned to each student to provide an ongoing relationship of learning, dialog and challenge. They closely check students’ progress and academic responsibilities. Mentoring is a critical support strategy which positively impacts academic achievement.
Upon completion of the regular course work and Dissertation, students are required to pursue the obligatory Dissertation Defense. This oral performance review is structured as a hearing vis-à-vis the Academic Defense Committee of SMC. The Defense has the purpose to challenge aspects of the candidate’s research work, allowing him/her to prove its integrity by defending the underlying argumentation. The Defense is offered two or more times each year from different locations.

ADMISSION CRITERIA

Swiss Management Center welcomes qualified applicants with no discrimination towards their gender, age, cultural, ethnic, religious and racial backgrounds. Distance learning candidates are admitted on a continuous basis.

Admission at Swiss Management Center sets minimum criteria which have been designed to identify applicants who have sound academic potential and who show creativity, critical thinking, social and moral values, evidence of English language proficiency and strong motivation.

COURSE REQUIREMENTS

PROGRAM COST

As a student at SMC University you do not need to worry about student debt. We are here to help you do the math and figure out the best payment plan aligned with your situation.

For more details please contact the administration at administration@swissmc.ch or +41 (0)41 500 16 22

You may settle the entire tuition in a single payment of € 6,800 (no further costs apply).

The tuition can be settled via online payment or by bank transfer.

Flexible payment schedules available on demand – you will be contacted by our administration after applying with our application form.

The tuition can be settled via our payment partners below or by bank transfer.

PROGRAM INTAKE

Due to the flexible structure of the program, enrollment is on an ongoing basis. Supported through the asynchronous method of studying, admitted students may commence their studies at any time in alignment with their personal and professional commitments.

READY TO CHALLENGE YOUR FUTURE?

 

We’re here to help answer your questions. Our student helpdesk is on hand to help inform you of every aspect regarding your topic. Simply fill the contact form if you need any support. We take great pride in using our expertise for you and look forward to hearing from you.

We are located at Vorstadt 26a, 6300 Zug, Switzerland.
You can also call us on +41 (0)41 500 16 22.