This program will prepare you for a career in business, industry, or government using expertise gained in applied problem solving and data analysis. You will receive rigorous fundamental training in statistics, research methods, mathematics, and operations research, followed by theoretical study within your field of interest. All students are expected to produce publishable research for peer-reviewed journals prior to graduation.
A minimum admissions index score of 1250 is required to be considered for admission. The index is based on the formula GPA x 200 + GMAT (and a TOEFL of 580 for ESL students). There is not a minimum GMAT score requirement. However, successful candidates typically exceed 650.
Most successful applicants to the program have attained, at minimum:
- Bachelor’s degree from a four-year accredited university
- 3.25 GPA
- 600 GMAT score
As an entering Ph.D. student, you should be competent in math and business (accounting, economics, finance, management, marketing, operations management), and have adequate computer skills and a good command of the English language. If you are deficient in any of these areas, additional coursework and preparation (beyond the major course of study) may be required. Your advisory committee will determine those requirements.
Major field requirements
- MgtOp 596: Doctoral Topics I
- MgtOp 596: Doctoral Topics II
You also will choose at least three additional courses from a list of approved courses selected to match your background and research interests.
Supporting field requirements
Courses in supporting fields should be selected from one or more related academic areas. You will complete a minimum of 15 credit hours of graded coursework approved for graduate credit by your advisory committee.
Research tool requirements
- Stat 443: Applied Probability
- Math 464: Linear Optimization
- Stat 556: Introduction to Statistical Theory
- MgtOp 556: Advanced Business Modeling
Ph.D. research credit requirements
24 credits, minimum
In addition to the research tool and field requirements, students in the Ph.D. program must complete an additional body of research credits as part of the preparation and development of the final dissertation. A minimum of 24 (800-level) research credits hours is required.
Additional Ph.D. coursework requirements
6 credits, minimum
In addition to the requirements listed above, you must complete 6 additional credits in the form of designated classes or specific study credits (independent readings) approved by your advisory committee. You may also select college and department colloquium credits.
In addition to meeting the College of Business academic progress requirements, you will be required to pass a qualifying exam. The exam is typically taken in June after the first year of study. Only one retake is allowed, typically in the subsequent August.
Department of Finance and Management Science
Todd Hall 471
Program at a glance
Degree offered: Doctor of Philosophy
Number of faculty working with students: 5
Number of students enrolled in program: 10
Students with assistantships/scholarships: 100%
Universities and colleges employing recent graduates:
- Northeastern University
- University of Michigan-Flint
- Grand Valley State University
- University of South Dakota
- Wilfred Laurier University (Canada), and more