Entering doctoral students in finance typically receive a Graduate Teaching Associate (GTA) or a Graduate Research Associate (GRA) position. GA offers are usually made based on funds availability and specific course and research staffing needs. Such Assistantship positions are also accompanied by tuition fee waivers.
Students continuing in the doctoral program are eligible for GA appointment or reappointment based upon funding availability and the most recent annual and periodic student performance evaluations. It is normally expected that students who remain in good standing will be reappointed as GAs for a period of three academic years. Appointments for more than three years depend on funding availability, staffing needs, and the number of qualified applicants.
Each year the Chairman of the Department of Finance sets monthly stipend levels for first, second, and third year GAs for the following academic year. The stipend levels are determined based upon University minimums, previous year's levels, College guidelines, levels of stipends offered by competing universities, level of responsibility, and experience.
Duties and Responsibilities
GAs are appointed for 50 percent time which is considered to be an average of 20 hours per week. Most GTAs are assigned to teach one course per quarter or to assist a faculty member teaching a large class. GRAs are normally assigned to one or more faculty members and are expected to work an average of 20 hours per week. The specific assignments for GRAs are determined by the individual faculty members.