The PhD program is designed to prepare graduates for careers as effective university researchers and teachers or for senior research positions in business or government. A primary objective of the program is to train PhD candidates to become proficient researchers. Therefore, course work involves research activities such as literature review and critique, theoretical modeling, research design, computer-assisted empirical analysis, and preparation of proposals and research papers. Another objective is to train students to become proficient teachers. Most PhD candidates are provided the opportunity to teach undergraduate courses in their specialty area. In addition, students are expected to participate in national and regional academic conferences and are encouraged to work with faculty in developing individual research and teaching skills. The program is designed for students wishing to pursue full-time PhD study in a residential program.
During the first semester of course work, a student should arrange for a member of the Doctoral Faculty from the major area of study (Finance, Management, or Marketing) to serve as faculty advisor. By the end of the first year of course work, a student should make formal application for the doctorate degree and, after consultation with faculty, request appointment of a Doctoral Program Committee. This doctoral committee consists of at least three members from the student's major area of study and an outside member from a different MU program. The Doctoral Program Committee conducts the qualifying examination and works with the student to design a program of study that must include the following:
- Fifteen hours of business core course work to acquaint the student with the functional areas of business. These courses can be waived if the student has satisfactorily completed equivalent course work
- An in-depth major concentration (minimum of 15 hours of 8000/9000-level courses) in the area of Finance, Management (Organizational Sciences), or Marketing.
- Two support areas of at least nine hours each, one of which must be taken outside of the Trulaske College of Business, or one support area of at least twelve hours. These supporting areas offer the student considerable latitude in identifying a course of study that can be tailored to the individual's interests and goals. If two support areas are selected, the student must also satisfy a 12-hour analytical tool requirement; if one support area is selected, the student must also satisfy an 18-hour analytical tool requirement.
- Collateral requirements emphasizing analytical tools (proficiency in a foreign language does not fulfill the collateral requirements). This is a research methods and analyses sequence of at least 12 hours (at least 18 if only one support area), including appropriate courses in economics, mathematics, psychology, sociology, statistics or other areas deemed appropriate by the program committee.
- An ongoing seminar experience (each semester until successful completion of comprehensive examinations) that acquaints the student with current literature and research in his/her major area of interest. This seminar is in addition to other seminars offered departmentally (4 hours minimum).
- Dissertation (minimum 12 hours of 9090 credit).
The program of study requirements listed above are independent of each other; courses taken to satisfy one requirement may not be used to satisfy any other requirement. Previous graduate work taken prior to admission to the PhD Program may be used to satisfy these requirements if it is deemed appropriate by the student's program committee. In compliance with University of Missouri regulations, the Doctor of Philosophy degree requires the completion of 72 semester hours of graduate work beyond the baccalaureate degree. Within the credit-hour requirement is the residency requirement. To satisfy the residency requirement, a student must complete at least two nine-hour semesters or three six-hour semesters in an 18-month period at MU. All courses taken to satisfy the residency requirement must be MU courses approved for graduate credit and approved by the student's Doctoral Program Committee. Correspondence and off-campus courses may not be counted toward the residency requirement.
Comprehensive Examinations and Dissertation
Oral and written comprehensive examinations covering the major area and the supporting area(s) are administered after the candidate has completed the relevant course work in the official study program. A doctoral dissertation, for which a student earns a minimum of 12 hours and a maximum of 24 hours credit, is required of each candidate. A final oral examination is held at the completion of the dissertation and is concerned primarily with the dissertation research accomplished by the student.
Normally, applications are accepted for study beginning in fall semester only. To insure full consideration for additional funding from university fellowships, applications should be received before February 1. However, decisions on early or late acceptance or alternate start dates can be made at the discretion of the department and the Director of Graduate Studies.
The above statements are announcements of present policies and programs only and are subject to change at any time without prior notice. They are not to be regarded as offers to contract. The University of Missouri reserves the right to modify by increase or decrease the fees charged for attendance and other services at the university, including but not limited to educational fees, at any time when in the discretion of the governing board the same is in the best interest of the university, provided that no increases can or will be effective unless approved by the governing board not less than thirty (30) days prior to the beginning of the academic term (semester, etc,) to which the fees are applicable, with all modification of fees to be effective irrespective as to whether fees have or have not been paid by or on behalf of a student prior to the effective date of the modification.
Notice of Nondiscrimination
The University of Missouri does not discriminate on the basis of race, color, religion, national origin, ancestry, sex, age, disability, or status as disabled veteran or veteran of the Vietnam era. Any person having inquiries concerning the University of Missouri's compliance with implementing Title VI of the Civil Rights Act of 1964, Title IX of the Education Amendments of 1972, Section 504 of the Rehabilitation Act of 1973, or the Americans With Disabilities Act of 1990, or other civil rights laws should contact the Assistant Vice Chancellor, Human Resource Services, University of Missouri, 130 Heinkel Building, Columbia, Missouri, 65211, (573) 882-4256, or the Assistant Secretary for Civil Rights, U.S. Department of Education.
The University of Missouri complies with the Americans with Disabilities Act of 1990. Call (573) 882-4696 for further information.