PhD-candidates at the department of Finance, School of Business and Economics

PhD-candidates at the department of Finance, School of Business and Economics

Published Deadline Location
17 Nov 12 Jan Maastricht

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Job description

The Department of Finance at Maastricht University School of Business and Economics is looking to fill several PhD positions, detailed on the next pages of this document. Candidates are expected to start before the end of 2022, most likely September 1 (but earlier is negotiable). We offer 4-year positions. We have a large and culturally diverse PhD community in our department, and welcome enthusiastic, talented new PhD students. PhD positions are paid for, with minimal teaching obligations.

The department has been very successful in placing PhD students after graduation. Recent placements include top universities outside the Netherlands (MIT, Duke University, London School of Economics, Oxford University) as well as within the country (Erasmus University Rotterdam, Free University Amsterdam).

Specific information can be found in the pdf file which you'll find here.


Maastricht University (UM)


We are searching for candidates that have a 2-year master (120 ECTS).

Conditions of employment

Fixed-term contract: 4-year position.

The full-time position is offered for four years (one and a half year + two and a half years) with a yearly evaluation.
Your salary would be € 2.434,- gross per month in the first year up to € 3.111,- gross per month in the fourth year according to the PhD-candidate salary scale. On top of this, there is an 8% holiday and an 8.3% year-end allowance.

The terms of employment of Maastricht University are set out in the Collective Labour Agreement of Dutch Universities (CAO). Furthermore, local UM provisions also apply. For more information look at the website > About UM > Working at UM.


Maastricht University

Maastricht University is renowned for its unique, innovative, problem-based learning system, which is characterized by a small-scale and student-oriented approach. Research at UM is characterized by a multidisciplinary and thematic approach, and is concentrated in research institutes and schools. Maastricht University has around 20,000 students and 4,700 employees. Reflecting the university's strong international profile, a fair amount of both students and staff are from abroad. The university hosts 6 faculties: Faculty of Health, Medicine and Life Sciences, Faculty of Law, School of Business and Economics, Faculty of Science and Engineering, Faculty of Arts and Social Sciences, Faculty of Psychology and Neuroscience.


The Finance Department

The Finance Department at Maastricht University is committed to high-quality research, always aiming to bridge the gap between academic rigor and real-world impact. We provide our students with the best possible Finance education at the PhD level.

The programs require hard work, but you will leave Maastricht with a Finance basis that will serve you for the rest of your career, no matter where it will take you. Our research is published in the top academic journals such as The Journal of Finance, Review of Financial Studies, Management Science, or American Economic Review. At the same time we continuously strive to create practical applications, and some of our faculty have turned their academic ideas into prospering businesses with the most famous example being the Green Real Estate Sustainability Benchmark (GRESB).

Graduate School
At our faculty, research is coordinated and facilitated by the Graduate School of Business and Economics (GSBE). GSBE is the central authority on scientific research and administers the SBE’s PhD program and research master’s programs, stimulates research in various ways, provides incentives for new research initiatives, and oversees quality and productivity. GSBE views the company or firm both as an agent in a complex and changing environment as well as an organisation of agents shaping market conditions and adapting to environmental developments. This has led to the foundation of six research programs.

European Center for Sustainable Finance
The European Center for Sustainable Finance (ECCE) at Maastricht University’s School of Business and Economics is the world’s leading research institute on sustain- able finance and responsible investing. We offer high-quality research on the impact of environmental, social, and governance (ESG) standards on the pricing of assets in financial markets. Moreover, we study the different ways investors can engage with the companies they invest in.

The mission of ECCE is to develop, communicate, and promote a thought-provoking and innovative body of knowledge concerning sustainable business and finance, through high-quality research, teaching, training, international networking, conferences, and other conventional outlets. Its core purpose is to encourage an ongoing dialogue between all parties capable of contributing to sustainable development, including capital markets investors, financial analysts, corporate managers, consultants, academic institutes, governmental bodies, and NGOs.

ECCE can be regarded as a ’lab for responsible investment’; a multidisciplinary research network founded by researchers with established track records in the academic domain and in the finance industry. ECCE helps practitioners and scholars understand how businesses and financial markets can promote sustainable development by considering Environmental, Social and Corporate Governance (ESG) issues.

The ECCE research group receives public endorsement from institutional investors around the world and has been awarded various prestigious research grants and prizes, such as those of the Haas School of Business at UC Berkeley (Moskowitz Prize), the United Nations Principles of Responsible Investing, the Mistra foundation (Sweden), and the French Social Investment Forum.

ECCE closely communicates and cooperates with large institutional investors. Our industry partners include pension funds, major banks, mutual fund companies and rating agencies. You can benefit from involvement in our research at different levels, ranging from receiving quarterly research updates to being directly involved through our advisory board. If you are interested in becoming an ECCE research partner, please contact Els van Aernsbergen (contact us). For more on information, see

Marketing-Finance Research Lab
The Marketing-Finance Research Lab (MFRL) at Maastricht University comprises a growing group of international researchers and educators in both marketing and finance. In the lab, we share and combine our scholarship and expertise to provide interdisciplinary research, education, and engagement with business leaders. Located in the heart of Europe in the city of Maastricht, our vision is to achieve leadership in academia as well as business. Recent research projects of the Marketing-Finance Research Lab focus on matters of importance for academics and business alike, such as consumer financial decision-making, building investor relations from a marketing- finance perspective, marketing actions that reduce cash flow volatility in marketing channels, stock market sentiment, as well as new financial product development. For more information, see


  • PhD
  • Economics
  • max. 38 hours per week
  • €2434—€3111 per month
  • University graduate
  • AT2021.451


Maastricht University (UM)

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Tongersestraat 53, 6211LM, Maastricht

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