University of Minnesota - Twin Cities
PhD Program in Business Administration |
|
|
|
Contact Information:
4-201 Carlson School of Management
321-19th Avenue South
Minneapolis, Minnesota 55455 USA
| Phone: | 1-612-624-0875 or 1-612-624-5065 | | Fax: | 1-612-624-8221 |
Visit School Website
Request FREE Info
|
|
|
|
|
|
|
PROGRAM OVERVIEW |
|
|
| |
|
The Carlson School of Management at the University of Minnesota–Twin Cities (UMNTC) offers a full-time doctor of philosophy (PhD) in business administration with specializations in accounting, finance, information and decision sciences, marketing and logistics management, operations and management science, and strategic management and organization. While each concentration has its own course requirements, a typical degree program consists of at least 40 semester credits, including required seminars, methodology courses, and minor or supporting field(s) classes.
Areas of Concentration
The accounting concentration increases the PhD student's understanding of accounting theory and accounting's relationship to other disciplines. The purpose and processes for conducting research are explored through methodology, coursework and seminars. Methods used to study accounting problems include mathematical modeling, empirical and econometric studies, and behavioral lab experiments.
The finance program is a field of applied economics. The program is most suited to individuals interested in economics, mathematics or quantitative methods. Students spend their first year taking doctoral-level economics theory courses. Those without adequate quantitative backgrounds must take appropriate math or statistics courses. Students also take finance doctoral seminars during their first and second years in the program.
The information and decision sciences concentration delivers high quality research and instruction in the area of information management as well as decision-making science. The information management function is concerned with the problems that arise in the development and use of information/communication technology. Information/decision-making science explores the methods, tools and approaches for acquiring, manipulating, retrieving and presenting knowledge in support of individual or group activities.
The marketing and logistics management program's flexible structure provides doctoral students with both a common orientation to marketing or logistics issues, as well as an opportunity to pursue areas of specialized study. The program emphasizes skills in theory building and empirical research in both private and public sectors. Faculty members employ structured courses, doctoral seminars and individual projects in marketing or logistics and related areas.
The operations and management science concentration develops practices that enable manufacturing and service firms to effectively utilize human resources, equipment, materials and capital. Students entering this program are encouraged to complete coursework in differential, integral, multivariable calculus, linear algebra, and probability and statistics.
The PhD concentration in strategic management and organization builds on three primary areas, each of which has a strong international focus: the formulation and implementation of strategies; organization structure and process; and business, government and society. Students focus on only one of these three areas, but take courses in all three to develop a broad understanding of the management field.
Examinations and Dissertation
Following the completion of all required coursework, students complete both written and oral preliminary exams that gauge the depth and breadth of expertise in major, minor or supporting fields. Following completion of these exams, students begin dissertation research. Both the dissertation proposal and final dissertation must be orally defended before a faculty committee.
|
|
|
|
Selected Research Areas |
|
|
| |
- Accounting standards
- Advertising/false advertising
- Auditing
- Banking
- Brand management
- Business ethics
- Capital asset pricing
- Capital markets
- Computer technology
- Consumer behavior
- Contract theory
- Corporate finance
- Cost allocations
- Customer satisfaction
- Data warehousing
- Decision-making processes
- Distribution channels
- E-commerce
- Efficient markets
- Electronic commerce
- Entrepreneurial studies
- Health care industry
- Information systems
- International finance & management
- Knowledge engineering
- Logistics management
- Manufacturing systems
- Marketing and pricing strategy
- New product development
- Operations management & research
- Organizational change & theory
- Quality control & management
- Risk management
- Strategic planning & management
- Supply chain management
|
|
|
|
ADMISSIONS CRITERIA & PROCEDURES |
|
|
| |
Admission to the PhD program in business administration is based on the applicant's potential for research and teaching, commitment to an academic career beyond the PhD, and ability to complete a rigorous program of study. Applicants must have a bachelor's degree or its equivalent from a recognized college or university.
The PhD program generally admits students in the fall semester only. Application materials for fall admission must be submitted by December 31 each year.
Complete application materials can be submitted online. The online application system includes the application for admission, application fee payment instructions (to the Graduate School only), a statement describing career objectives, research and teaching experience, three letters of recommendation from current or former professors or employers, and GRE scores. Official transcripts must be submitted to the Grad School with copies to the PhD office. The GMAT should also come to the PhD office. International applicants whose native language is not English should submit TOEFL or IELTS scores, unless they have completed 24 quarter or 16 semester credits at a recognized US institution of higher education within the last two years.
|
|
|
|
EXPENSES & FINANCIAL ASSISTANCE |
|
|
| |
Every student admitted to the PhD in business administration program receives financial aid of at least $20,000 for the nine-month academic year, as well as a tuition waiver and low cost health insurance benefits. Summer funding of $5,000 is also available in the form of the research fellowships. Financial aid involves a combination of fellowships, and graduate research and teaching assistantships. Student loan funds are also available from the university's Office of Student Financial Aid.
Fellowships include several university scholarship programs for incoming students, disadvantaged and/or minority students and students working on doctoral dissertations, in addition to summer research fellowships.
PhD students are paid as half-time research or teaching assistants. Pay ranges from $16.75 to $26.09 per hour, depending on duties assigned.
|
|
|
|
UNIVERSITY AND LOCATION |
|
|
| |
Founded as a preparatory school in 1851, the University of Minnesota came into formal existence in 1869 when it was recognized as an institution of higher education. As such, it has consistently ranked among the top 20 public universities in the US. In addition, its library system ranks as one of the largest among US universities, with over 37,000 subscriptions to periodicals and journals as well as 6.2 million volumes on the Twin Cities campus alone.
UMNTC is the largest of the five UMN campuses and is comprised of 17 colleges that offer 161 bachelor's degree, 218 master's degrees, 114 doctoral degrees, and 46 professional degrees. It has a total enrollment of over 50,000 students.
Minneapolis, the largest city in the state, and St. Paul, the state capital, are the center of a metropolitan area with a population of over 2.7 million. Outdoor enthusiasts can explore the region's 150 parks and 200 lakes.
|
|
|
|
INTERNATIONAL STUDENT SUPPORT |
|
|
| |
The International Student and Scholar Services (ISSS) office includes a walk-in service for minor daily emergencies, advising for academic and career planning and assistance with various visa documents and application forms students may encounter.
ISSS also provides programs such as the Culture Corps, which integrates international students with the UMNTC campus community, discussion groups, an orientation program and an international friendship program that organizes various social outings for students.
|
|
|
|
Highlights |
|
|
| |
- Six areas of concentration and several subfields
- Attractive financial aid package, including assistantships, fellowships, tuition waivers and health insurance benefits
- Limited enrollment ensures close student interaction with top-rated research faculty
- Accredited by AACSB International
|
|
|
|
Admissions at a Glance |
|
|
| |
| Minimum GMAT: | 650 | | Minimum GPA: | 3.0 (ugrad), 3.5 (grad) | | Minimum TOEFL (pbt): | 600 | | Minimum TOEFL (cbt): | 250; (ibt): 100 | | Application Fee: | $55 (dom), $75 (int'l) |
Application Deadline:
December 31
|
|
|
|
Annual Expenses (in US$) |
|
|
| |
| Tuition | | | In State: | waived with admission | | Out-of-State: | waived with admission | | Int'l Students: | waived with admission | | Books & Supplies: | $1,500 | | Health Insurance: | $60/per sem (approx); remainder paid by program | | Accommodation | | | Residences: | $5,500 | | Homestay: | $475–850/mth | | Private: | $550–1,300/mth | |
|
|
|
Student Profile |
|
|
| |
| # of Full-time Students: | 73 | | # of Part-time Students: | 0 | | # of Applications per year: | 250-450 | | # Accepted per year: | 15 - 25 | | # Enrolled per year: | 15 - 18 | | Average GMAT Score: | 730 | | Average Age: | 26 | | % Men/Women: | 65%/35% | | Work Experience (avg yrs): | 3 | |
|
|
|
Faculty Profile |
|
|
| |
| # of Faculty: | 106 | | % Faculty with Doctoral Degree: | 100% | | Annual Research Funding: | $1 million | |
|
|
|
Location at a Glance |
|
|
| |
| City Population: | 2,700,000 (metro) | | Cost of Living: | medium | | Climate Range: | 4° to 82°F | | Campus Setting: | urban | |
|
|
|
University at a Glance |
|
|
| |
| Year School Founded: | 1851 | | Total Enrollment: | 50,000 | | Graduate Enrollment: | 14,000 | | Students in Residence: | n/a | |
|
|
|
FACULTY |
|
|
| |
- Adams, C.R. PhD, Purdue
- Adomavicius, G. PhD, New York
- Aggarwal, R.K, PhD, Yale
- Ahluwalia, R. Ohio State
- Albert, S. PhD, Ohio State
- Alexander, G.J. PhD, Michigan
- Anderson, J.C. PhD, Minnesota
- Bazdresch, S. PhD, Stanford
- Belo, F. PhD, Chicago
- Bergen, M. PhD, Minnesota
- Bowie, N.E. PhD, Rochester
- Boyd, J.H. PhD, Pennsylvania
- Chandy, R. PhD, Southern California
- Chervany, N.L. CBA, Indiana
- Connor, R. PhD, Pennsylvania
- Cui, T. PhD, Pennsylvania
- Curley, S.P. PhD, Michigan
- Davis-Blake, A. PhD, Stanford
- Deng, M. PhD, Columbia
- Dickhaut, J.W. PhD, Ohio State
- Dong, Y. PhD, Maryland
- Donohue, K.L. PhD, Northwestern
- Duke, G.L. PhD, Georgia
- Ebert, J. PhD, Harvard
- Erickson, W.B. PhD, Michigan State
- Forbes, D.P PhD, New York
- Forester, C. PhD, Iowa
- Frank, M.Z. PhD, Queens
- Gao, Y. PhD, Chicago
- Gigler, F. PhD, Minnesota
- Goldstein, R. California–Berkeley
- Goldstein, S.M. PhD, Ohio State
- Graveline, J. PhD, Yale
- Griskevicius, V. PhD, Arizona State University
- Gu, Z. PhD, Tulane University
- Gupta, A. PhD, Texas at Austin
- Hansen, R.A. PhD, Wisconsin
- Hill, A.V. PhD, Purdue
- Houston, M.J. PhD, Illinois
- Issaevitch, T.A. PhD, Columbia
- John, D.R. PhD, Northwestern
- John, G. PhD, Northwestern
- Johnson, P.E. PhD, Johns Hopkins
- Joyce, E.J. PhD, Illinois at Urbana-Champaign
- Kanodia, C.S. PhD, Carnegie Mellon
- Kareken, J. PhD, MIT
- Leroy, S. PhD, New York
- Li, W.W. PhD, Waterloo
- Lifschitz, A. PhD, Columbia
- Linderman, K. PhD, Case Western Reserve
- Loken, B. PhD, Columbia
- Maitland, I. PhD, Columbia
- Malkoc, S. PhD, North Carolina at Chapel Hill
- Marcus, A.A. PhD, Harvard
- Meschke, J.F. PhD, Arizona State
- Meyers-Levy, J. PhD, Northwestern
- Mukherji, P. PhD, Southern California
- Nachtsheim, C.J. PhD, Minnesota
- Nantell, T.J. PhD, Wisconsin
- Narasimhan, O. PhD, Southern California
- Nichols, M.L. PhD, Kansas
- Parente, S. PhD, Johns Hopkins
- Povel, P. PhD, London School of Economics
- Rao, A.R. PhD, Virginia Polytechnic Institute
- Ray, G. PhD, Ohio State
- Rayburn, J. PhD, Iowa
- Ren, Y. PhD, Carnegie Mellon
- Roering, K.J. PhD, Iowa
- Ruekert, R.W. PhD, Wisconsin
- Rufino, D. PhD, Boston University
- Rungtusanatham, M. PhD, Minnesota
- Sapienza, H. PhD, Maryland
- Schroeder, R.G. PhD, Northwestern
- Shah, P. PhD, Northwestern
- Shah, R. PhD, Ohio State
- Shaver, J.M. PhD, Michigan
- Shroff, P. PhD, Columbia
- Siemsen, E. PhD, UNC - Chapel Hill
- Singh, G. PhD, George Washington
- Singh, R. PhD, Carnegie Mellon
- Sinha, K.K. PhD, Texas at Austin
- Subramani, M. PhD, Boston
- Toh, P. PhD, Michigan
- Torelli, C. PhD, Illinois
- Vaaler, P. PhD, Minnesota
- Van de Ven, A.H. PhD, Wisconsin–Madison
- Vohs, K.D. PhD, Dartmouth
- Wang, Y. PhD, Maryland–College Park
- Whitman, A.F. PhD, Wisconsin
- Winton, A.J. PhD, Pennsylvania
- Yu, J. PhD, University of Pennsylvania
- Zaheer, A. PhD, MIT
- Zaheer, S. PhD, MIT
- Zahra, S.A. PhD, Mississippi
- Zellmer-Bruhn, M.E. PhD, Wisconsin–Madison
- Zhang, I. PhD, Rochester
|
|
|
|
Program Facts |
|
|
| |
| Length of Program: | 5 yrs | | Year Program Founded: | 1948 | | Program Entry: | fall semester only | | Study Options: | full-time only | |
|