Doctoral Fellowship in Corporate Finance at KU Leuven in Belgium, 2016

KU Leuven is pleased to offer a fellowship in the field of corporate finance to undertake PhD programme.

The Department of Accounting, Finance and Insurance offers a dynamic, stimulating and pleasant working environment. Moreover, AFI enjoys a strong international reputation and is part of a wide network consisting of other universities, companies and institutions.

Course Level: Studentship is available for pursuing Ph.D. programme.

Study Subject: Doctoral project in the field of corporate finance.

Small and medium-sized firms (sme’s) are an essential part of the European economy. For instance in Belgium they account for 99.8% of all companies, creating 66.9% of employment and 57.7% of the value added. Given their high impact, it is crucial that the financial system stimulates their growth. An important way in which this growth can be realised is through acquiring the necessary financing. Although the latter is a major problem for some SME’s, for at least 30% of all European small and medium firms this is less of an issue as they are part of a business group that creates ties between firms through certain ownership structures. As a result, all members of the group can make use of an internal capital market between members.  Little is known about these types of organizations, not withstanding their importance. This doctoral project investigates the functioning of business groups, in particular how it affects financing and efficiency/restructuring.


  • You have a Master’s degree in an (applied) economic field, preferably in the subfield of Finance.
  • You have a good knowledge of English.
  • You obtained an average yearly result of distinction during your university studies.
  • You have good communication skills and you enjoy working in a team.
  • You are interested in scientific research.


University offers a full-time employment of fixed-term from October 1, 2016, for 1 year, extendable to 4 years after positive evaluation.

How to Apply: Applicants can submit their application through electronically.

Online Application 

Application Deadline: You can apply for this job no later than July 31, 2016.

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