I am considering pursuing a PhD economics majoring in Quantitative Finance in any Eastern university. But with the information available to me, only Abia State University runs that PhD major.
Please house, does any one have any idea about the suitability of the school for such major programme? Or are there other options available in any other south eastern university?

13 views and no comments. Please i need advices. Where are Abia state university students and Alumnis?

toptop: I am considering pursuing a PhD economics majoring in Quantitative Finance in any Eastern university. But with the information available to me, only Abia State University runs that PhD major.
Please house, does any one have any idea about the suitability of the school for such major programme? Or are there other options available in any other south eastern university?

First, you need to be reminded that 'real', 'unadulterated' Quantitative Finance is a combo of hardcore Mathematical Statistics, Stochastic Partial Differential Equations (SPDEs), Numerical Analysis, Computer Programming, Financial Economics and Financial Econometrics..Are you strong in all these?

Check if the school has reputable faculty (professors) that really know what they are doing in Quantitative Finance. In my view, this can only be achieved if you yourself visit the department and speak with their experts in Quantitative Finance. Check their publications and their contributions to knowledge in Quantitative Finance. Otherwise you will be frustrated out of the program if they themselves are struggling with finding their bearing in the field. In fact, to tell you the truth, I find it strange that Quantitative Finance is offered at the Department of Economics.

Anyway, if you have previous good grades at BSc (>4.0) and Master's(>4.5)levels, with a strong foundation in the aforementioned quant courses, then I would say that you should pursue your PhD dreams outside the shores of Nigeria. I say this because the field of Quantitative Finance is still alien to our financial market in Nigeria.

T22

Financial Engineering in Naija? I'm not aware of any school offering it even at the masters level. Like tanimola22 rightly pointed out, I'm also a bit wondering how Financial Engineering (FE) or quant finance is under economics. Ideally, you will find FE under Math or Finance dept. depending on the concentration. Some are very heavy on just pure mathematical modeling, others emphasize applications in finance and risk management. The former is usually under the math dept. and normally go by the name Financial Mathemtics, the latter is more commonly referred to as Financial Engineering. FE (being multi disciplinary) whether housed in the math or finance dept. draws heavy from math, finance and programming. The Nigerian capital market and the financial system in general is still offering plain vanilla products (no derivatives) so one will not expect anybody to have a solid exposure in a graduate program in FE, much more research in quant finance. I will suggest you don't waste your time and resources for any FE program in Nigeria (if any at all).

You may take a look at the following list if you really want a serious training in FE or quant finance. They are mostly FE programs at the masters level but some of those schools offer concentration in FE or quant finance at the PhD leve (most FE concentrations are usually under Math or Finance PhD).

http://www.global-derivatives.com/index.php/news-topmenu-19

https://iafe.org/html/resources_acad.php

https://www.quantnet.com/mfe-programs-rankings/