Yale School of Management Doctoral Program Yale School of Management Doctoral Program
Overview
Specialization
Accounting
Finance
Marketing
Academic Program
Special Features
Course Descriptions
Admissions
Faculty
Students
Alumni
Facilities
FAQs
Finance
THE ACADEMIC PROGRAM

Courses
The student must take 14 courses in the pursuit of the Ph.D. It is expected that a student will complete the required course work in his/her first two years of the program. The required course work consists of two core courses, a social science sequence, an empirical methods sequence, a depth requirement, a breadth requirement, and electives.

The two required core courses are General Economic Theory: Microeconomics, and Policy Modeling (or Mathematical Models for Management). Each student will also be required to complete a two-term sequence in a social science (e.g., Economics, Psychology) and a two-term sequence in empirical methods.

Beyond the core, the course requirements have been left flexible. The program has been designed to enable a student to concentrate in any of a number of traditional or innovative areas of the management process. The depth requirement consists of five courses selected by the student in consultation with the Director of Graduate Studies and faculty members in the relevant area. This in-depth study is designed to focus the student on a particular research paradigm and to prepare him/her for the dissertation.

Finally, the breadth requirement consists of two courses that are outside of the student's research paradigm. At least one of these courses must be from an applied area of management different from the student's own depth area. The purpose of the breadth requirement is to introduce the student to related areas of inquiry into management that provide alternate points of view on his/her own research.

Two electives make up the rest of the student's schedule.

A typical program in each of the three specializations is described below.

1st Semester
  • Core Course
  • Core Course
  • Depth Course
  • Empirical Methods
2nd Semester
  • Social Science
  • Empirical Methods
  • Depth Course
3rd Semester
  • Social Course
  • Depth Course
  • Elective
  • Breadth Course
4th Semester
  • Depth Course
  • Depth Course
  • Elective

Sample Depth sequences in the three areas of specialization are:

Accounting
  • Seminar in Accounting I
  • Seminar in Accounting II
  • Seminar in Accounting III
  • Seminar in Accounting IV
  • Empirical Workshop in Accounting & Financial Economics
  • Financial Economics I
  • A seminar in Marketing or a second seminar in Financial Economics

Financial Economics

  • Financial Economics I
  • Financial Economics II
  • Corporate Finance & Market Microstructure
  • Empirical Workshop in Accounting & Financial Economics
  • Topics in Empirical Asset Pricing
  • Stochastic Processes

 

 

      Marketing
  • Seminar in Marketing I
  • Seminar in Marketing II
  • Behavioral Decision Making I
  • Behavioral Decision Making II
  • Industrial Organization I
  • Advanced Microeconomics I

Pre-Dissertation Research
Each student must prepare an original paper during his/her first summer and submit it to the faculty at the beginning of the third semester in residence. The purpose of this paper is to introduce the student to the process of research at an early stage in his/her academic development.

A second-year research paper must be submitted to the faculty by November 1 of the student's fifth semester in residence.

Admission to Candidacy
Admission to Ph.D. candidacy is based on a faculty review of the student's performance in the entire academic program. This review is conducted after the student has successfully completed the requirements above and submitted a dissertation proposal. Completion of these requirements does not guarantee admission to candidacy. A primary input to the admission to candidacy is the qualification examination. This examination is administered by the relevant faculty members in the student's area of specialization. It is usually taken between the second and third years in the program.

The Dissertation
The dissertation is the culmination of the student's work in the program. The student works with one or more faculty members in developing an idea for the dissertation, prepares and defends a formal prospectus for the work, and forms a committee (typically of three faculty members) to advise and monitor the work. After the dissertation has been approved by the advisory committee, the student presents and defends the work in a seminar open to everyone in the program. The Dean of the Graduate School then appoints a committee of readers to assess the quality of the dissertation; final approval is provided by the Graduate School faculty after reports from the dissertation readers have been reviewed.

 

Yale University Yale MBA CampusNet