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Written by Vincent Hedman
France has a strong reputation for research in economics and finance, with many universities closely linked to business schools and research institutes.
This guide looks at the best universities in France for PhD study in Finance, using international rankings to highlight leading institutions.
There are many reasons why someone might want to study a Finance PhD at a university in France. Here are just a few:
The following tables give the 5 top universities in France for Finance PhDs, according to global and local university rankings. It can show you which French universities are amongst the best in the world - and help you compare institutions on an international level.
This information is based on the latest rankings tables, researched and published by Times Higher Education, QS and Academic Ranking of World Universities (ARWU).
Each ranking system uses its own methodology, with different factors having more or less influence on a university's result.
Our guide has more information on how to use international rankings as a postgraduate student.
| University | France Rank | Global Rank |
|---|---|---|
| Montpellier University | 1 | 251-300 |
| Nantes Université | 2 | 401-500 |
| University of Toulouse | 3 | 63 |
| PSL Research University Paris | 4 | 101-125 |
| University of Côte d’Azur | 5 | 251-300 |
| This information is based on the research score from the latest rankings tables, researched and published by Times Higher Education. Visit their website for more information. | ||
The Times Higher Education rankings are strong in academic focus and diverse teaching metrics, but do not include employer-specific metrics. Additionally, the rankings may not include all specialist institutions.
| University | France Rank | Global Rank |
|---|---|---|
| Paris 1 Panthéon-Sorbonne University | 1 | 18 |
| HEC Paris | 2 | =62 |
| Université Paris-Saclay | 3 | 91 |
| PSL Research University Paris | 4 | 151-200 |
| EMLYON Business School | 5 | =62 |
| This information is based on the citations per paper score from the latest rankings tables, researched and published by QS World University Rankings. Visit their website for more information. | ||
The QS World University Rankings are designed to meet the needs of prospective students, with more weight given to student-centric metrics such as staff/student ratio, international recruitment and employer opinion. The rankings are balanced between qualitative and quantitative data, but give less weight to research than some other rankings.
| University | France Rank | Global Rank |
|---|---|---|
| Audencia Business School | 1 | 151-200 |
| Montpellier Business School | 2 | 101-150 |
| HEC Paris | 3 | 29 |
| INSEAD | 4 | 51-75 |
| Catholic University of Lille | 5 | 151-200 |
| This information is based on the number of papers published by an institution in an academic subject in journals, this is from the latest Finance rankings tables, researched and published by Academic Ranking of World Universities. Visit their website for more information. | ||
The ARWU rankings reflect the presence of elite academics and the future academic success of graduates. However, they do not directly assess the quality of education at a university or take into account other aspects of university performance.
I hope this guide helps you identify where finance research is strongest in France. Rankings are helpful, but research focus and supervisor expertise are especially important at PhD level. Starting early will give you time to explore funding options and understand how doctoral schools work in France.
Most programmes are research-focused, often within a doctoral school, with some formal training alongside thesis work.
Yes. Many Finance PhDs involve collaboration with business schools, research institutes or industry partners.
Most programmes begin in autumn, though start dates can vary depending on funding and institution.