ULMS Accounting and Finance PhD Funding Call: October 2023 entry

The University of Liverpool Management School is inviting applications from prospective Accounting and Finance PhD candidates with an outstanding academic achievement and research potential for a number of 4-year GTF Studentships (Graduate Teaching Fellowships) in the 2023/24 academic year.

The Accounting and Finance Group

We are one of the largest Accounting and Finance Groups in the UK, part of the triple-accredited (AACSB, AMBA, and EQUIS) University of Liverpool Management School. We conduct evidence-based, practice-relevant research, with key areas of expertise being empirical asset pricing, corporate governance, market-based accounting and international macro-finance. We are now seeking applications from high calibre prospective PhD students, primarily in these research areas.

The Accounting and Finance group is part of the ULMS Business and Management category that has excellent performance in the UK 2021 Research Excellent Framework (REF) ranking. It was ranked 9th across the sector for Research Power; 18th across the sector for 4* Impact; 19th across the sector for 4* Environment; and 17th across the sector for 4* Outputs.

We offer a strongly collegial and intellectually stimulating research environment with excellent provision for PhD students. The Group is comprised of 35 research active academics, who regularly publish in a range of top scholarly journals such as the Journal of Financial Economics, Review of Financial Studies, Journal of Accounting and Economics, Journal of Financial and Quantitative Analysis, Journal of Econometrics, Management Science, and the Review of Finance, and present their research in the leading international conferences of the field. More information about the research interests of members of the Group can be found here.

We also subscribe to a wide range of state-of-the-art financial and accounting databases that facilitate empirical research and we host prominent international speakers in our seminar series and workshops, offering excellent networking opportunities.

4-year Graduate Teaching Fellowships (GTFs) in Accounting and Finance

The Graduate Teaching Fellowships provide an opportunity for applicants with a Master’s degree (preferably with a Distinction grade) in a relevant subject and a strong commitment to research, to combine studying for a PhD in Accounting and Finance with the acquisition of teaching experience.

Participating in the Scheme will enable GTFs to secure funding for their doctoral research whilst receiving training and mentoring to become well-rounded academics. In addition to conducting their research, they will have the opportunity to contribute to ULMS’s research culture and to the delivery of an outstanding learning experience for students in the School.

In year one of the programme, fellows are required to demonstrate progress in developing their research skills and knowledge by completing 4 PhD-level modules in Accounting and Finance. Further research training opportunities are provided via our partner Universities in the North West Social Science Doctoral Training Partnership. Year one also requires completion of a teacher training programme offered by the University of Liverpool primarily through shadowing and mentored classroom involvement. Successful candidates will be required to complete a total of 300 hours of teaching during their programme, alongside the doctoral research thesis.

GTFs will receive an annual stipend of £17,668 plus a fee waiver and will have access to student support funds in line with the wider doctoral training provision at ULMS. These fellowships are open to all nationalities. Overseas students will receive a fee waiver at the Home rate but a top up payment may be available subject to budget. The maintenance grant for Overseas and Home students is the same amount.

Candidates are expected to contact potential supervisors in the Accounting and Finance Group before the deadline to explore whether collaboration can be initiated.

How to Apply

Applicants must complete all sections of the University Postgraduate Study Application Form. Applications to be made via the University of Liverpool Apply Online, system, selecting Accounting & Finance as their programme of study:

https://app.askadmissions.co.uk/AYApplicantLogin/fl_ApplicantLogin.asp?id=liv

In the Finance section select funding source Sponsor and insert ‘PHD-GTF-ULMS-2023 studentship’ in the box below. Also include this as the first line of your Personal Statement.

Alongside the completed application form and Personal Statement, applicants should submit the following supporting documents:

  • Curriculum Vitae (CV)
  • Two academic reference letters, signed and on letter headed paper
  • University transcripts
  • English Language qualifications

All applicants must have reached a minimum required standard of English language (IELTS 7.0 average overall and a minimum of 6.5 in each component), and, where relevant, are required to provide evidence of this. Qualifications accepted by the University include GCSE English; GCE O level English; AS Level English; A Level English Language; IELTS; Cambridge Proficiency etc. Please refer to the full list hereIf you are unsure if your English qualification meets requirements for this Studentship as above then please check with the Research team before applying.

  • Degree certificates
  • Personal statement
  • Research proposal.

Please give details of your PhD proposal around 2,000 words. References/bibliography should be included within this word limit. The assessment panel will closely assess submitted proposal against these key criteria:

  1. Does the study clearly articulate its aim and contribution, in view of publication in international outlets?
  2. Is the proposed methodology consistent with the research aim?
  3. Does the study clearly foreshadow its practical ramifications for the key research areas identified above?
  4. Is the proposed timeline both feasible and realistic?

The proposal should explain why you would like to undertake this research and your thoughts on the distinct challenges and opportunities it might bring. You can find information on how to write a PhD research proposal here.

Incomplete and/or late applications will not be considered. Please ensure you submit all of the above documents with your application.

Application Process

Closing date: Friday 28th April 2023, 5pm UK time

Shortlisted candidates will be invited to an interview

Further Information

If you would like to discuss the studentships further, please contact Prof. Massimo Guidolin (Massimo.Guidolin@liverpool.ac.uk).

Informal enquiries can also be directed to the ULMS Research Support Team (ulmsphdenq@liverpool.ac.uk)

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