NUS Business School Ph.D. Program

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NUS Business SchoolPh.D. Program
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Deans Message

• The NUS business school aims to build an
  intellectual family that is characterized by its
  intellectual curiosity and devotion to making a
  difference in society through teaching and
  research.  In our doctoral programmes, we seek
  out students who believe in taking advantage of
  the enormous research opportunities that exist in
  Asia to create knowledge that makes basic
  contributions, that solves research questions in
  this region and that contributes to the worlds
  progress.
• As the dean, I whole heartedly welcome you to
  consider joining our intellectual family the NUS
  would most devotedly support and facilitate your
  intellectual endeavor.
• Sincerely yours,
• Bernard Yeung

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ABOUT NUS BUSINESS SCHOOL

• ONE OF THE TOP SCHOOLS IN ASIA
• Forty years of education experience in business
• Top 100 business school globally and top 3 in
  Asia Pacific area
• Top 20 by Times Higher Education
• Recently ranked top 30 globally in EMBA program
  by Financial Times
• ONE OF THE TOP RESEARCH SCHOOLS IN ASIA
• UTD ranking of 50 worldwide No.2 in Asia Pacific
  
• Faculty members hold doctorates from the best
  universities in the world such as Harvard,
  Stanford, MIT and Chicago.
• Regularly published in top tier journals, hold
  membership of editorial board of leading journals

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ABOUT NUS BUSINESS SCHOOL

• WORLD CLASS FACILITIES AND RESOURCES
• New S70 million NUS business school building in
  2009
• Campus-wide wireless connection
• Excellent computing facilities provided to
  doctoral students individual desktop, more
  advanced computing facilities, such as
  workstation
• Online access to most of the major journals,
  databases, and computer programs
• Software purchase includes GAUSS, MATLAB, SAS,
  Mathematica and SPSS
• Hon Sui Sen Memorial Library, Central Library and
  Chinese Library

                                                               
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Strength of the Research Culture Quality of the
Research Output

• The School believes that it has a sound research
  culture, and backs this with very strong research
• funding support and a reasonable research
  environment. This reflects the major effort made
  in the last
• decade to convert itself from a teaching oriented
  school to a research intensive school. This shift
  has
• been generally successful, albeit slower than
  intended.
• BIZ faculty are expected to publish in leading
  journals and conference proceedings in their
  respective
• fields, and are increasingly successful in doing
  so.
• The University of Texas Dallas ranking of
  Business Schools on Research Productivity places
  the NUS Business School second in Asia-Pacific
  and fifty first in the world. The same rankings
  suggest a very positive trajectory for the
  Schools research. These efforts have been
  reflected in increasing publications in the very
  top tier of academic publications.
• To encourage high quality publications, the
  School has a narrow set of journals that it
  recognizes as Tier
• 1 or Tier 2. While recognizing the tiering of
  high quality journals by other disciplines, the
  School provides
• extra recognition to the 22 Tier 1 journals and
  39 Tier 2 journals in its list.

Tier 1
European Journal of Operational Research Journal of Applied Psychology Journal of Financial
Economics Journal of Marketing Research Management Science Mathematical Programming
Operations Research Organization Science Strategic Management Journal The Journal of
Business International Journal of Production Research
Tier 2
China Economic Review Harvard Business Review Information Management Journal of Banking
Finance Journal of Business Venturing Journal of Global Optimization Journal of international
Business Studies Journal of the Academy of Marketing Science Omega-International Journal of
Management Science Operations Research Letters Marketing Letters
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Your Home Away from Home...

• Graduate Student ApartmentsThe University has
  200 Graduate Student Apartments (GSA) located in
  Prince George's Park Residences.The apartments
  are furnished with beds, mattresses, wardrobes,
  study tables, book shelves and fans. You are
  required to provide your own pillow and bed linen
  (international students may choose to purchase
  these items after arrival in Singapore). Kitchen
  and dining areas are equipped with basic cooking
  appliances and a refrigerator.  Residents will
  have to provide their own cooking utensils,
  crockery and cutlery. Laundry machines are
  available within the residence.
• NUS has also worked with EM Services to
  prioritize allocation of accommodation places at
  yoHA _at_ 190 Hostel to NUS students. The hostel
  block consists of 49 air-conditioned units and 50
  non air-conditioned units which are privately
  managed by EM Services. Each unit has a living
  room, kitchen, toilet, shower and 2 bedrooms
  which can accommodate 4 occupants on twin-sharing
  basis.
• If you have any further questions, you may email
  stu_accom_at_nus.edu.sg

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PhD Opportunities in Biz

• Business Policy (Strategy and Business Economies)
• Decision Sciences (Operations Management and
  Management Science)
• Finance
• Marketing Management
• Organization Behavior

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Why study Accounting?

• Ever wonder how accounting policies impact a
  firms profits and whether they are manipulated by
  managers or not, or how managers compensation is
  benchmarked, or how do accounting information
  translate into share prices, then you should
  study accounting.
• Some questions that are commonly asked in
  accounting are
• How do managers make accounting choice decisions?
• Do managers manipulate earnings and what is
  their impact on firm value?
• What is the role of auditors in providing high
  quality accounting information to the stock
  market?
• What is the role of accounting information in
  determining cost of capital and fundamental value
  of the firm?

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MAJOR RESEARCH AREAS OF FACULTY IN DEPARTMENT OF
ACCOUNTING

• Financial accounting
• How do firms chose accounting policy to determine
  corporate profits, and what is the role of
  managerial discretion in making such choices.
• Auditing
• What is the audit quality, how can it be
  measured, what determines audit prices and is
  there a relation between audit market competition
  and fees and quality of the audit.
• Managerial accounting
• The role of budgets and managers forecast
  accuracy, how managerial discretion impacts
  performance vested stock options.

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Why Study Strategy and Business Policy?

• How do firms chose which target to chase in a
  merger and acquisition?
• Which technologies diffuse into the economy and
  how can a firm strategically position itself to
  take advantage of it?
• How do firms store and transmit knowledge?
• How do firms differentiate themselves in a
  competitive market place?

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MAJOR RESEARCH AREAS OF FACULTY IN DEPARTMENT OF
BUSINESS POLICY

• Applied Economics
• Economic Policy and Planning
• International Economics and Trade
• International and Asia-Pacific Business
• Strategic Management and Corporate Planning
• Small Business Management and Entrepreneurship
• Management of Technology
• Business Law

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Why Study Decision Sciences ?

• How do firms optimize their supply chain?
• How do firms optimize their service activities
  and management processes?
• How do firms link production with procurement
  especially electronic procurement?

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MAJOR RESEARCH AREAS OF FACULTY IN DEPARTMENT OF
DECISION SCIENCES

• Manufacturing Systems
• Logistics/Transportation Management
• Production Planning and Control Systems
• Quality Management
• Information Systems Planning
• Database Management
• Queuing Systems
• Inventory Management

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Why Study Marketing Management?

• How do consumers perceive different products and
  decide which products to buy?
• How do firms determine the best way to
  communicate the messages about their products to
  consumers?
• How do firms acquire and retain consumers?
• How do firms determine policies to maximize
  customer experiences?

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MAJOR RESEARCH AREAS OF FACULTY IN DEPARTMENT OF
MARKETING

• Modeling Consumer Choice Behavior
• Game Theoretic Analysis of Marketing Strategies
• Services Marketing
• Advertising and Promotion
• Marketing Research and New Product Development
• International and Export Marketing
• Industrial Marketing and Retailing

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Why study Finance?

• If you are curious about the workings of the
  financial markets and how firms manage their
  finances, then you should study finance.
• Some questions that are asked are
• Do prices in financial markets reflect the
  rational decisions of investors or are they
  strongly influenced by the psychological biases
  (or sentiment) of investors?
• Are stock price changes correlated across
  markets?
• How can the risks of a portfolio of assets be
  modeled optimally?
• How do firms raise and manage their capital?
• What is all the fuss about liquidity that
  newspapers have been talking about recently?

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MAJOR RESEARCH AREAS OF FACULTY IN DEPARTMENT OF
FINANCE

• Corporate finance
• How do firms decide on the optimal mix of
  financing? What factors affect their financing
  costs? Do firms time the market?
• Asset pricing
• How are market values of stock and bonds
  estimated? How does the process of arbitrage
  work?
• Derivatives
• What are derivatives, and how are they priced? Do
  firms use derivatives to manage their financial
  risks or speculate in financial markets?
• Market Microstructure
• How does the organization of financial markets
  affect trading costs, liquidity, price discovery,
  and investor behavior?

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Why study Management Organisation?

• Are Leaders born or made?
• How can Organizations facilitate employees
  Work/Life Balance?
• What are Virtual Organizations? How to create
  optimal incentive schemes in such organizations?
• How should firms devise their Human Resource
  Management policy in the ear of Globalization?

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MAJOR RESEARCH AREAS OF FACULTY IN DEPARTMENT OF
MANAGEMENT AND ORGANISATION

• Work Attitudes and Career Development
• Occupational Stress Management
• Human Resource Management and Industrial
  Relations
• Comparative Management
• Women in Management and Expatriate Managers

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Why do a PhD ?

• Are you are curious about how to rigorously
  answer the questions posed before?
• Learn
• The theory related to the previous questions and
  more
• How to test these theories
• Draw inferences from these tests
• Achieve
• Become a professor at a leading business school
• Work in the finance industry in technically
  challenging jobs
• Modeling jobs in investment banking
• Analysts job leading consulting / market
  research firms

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Improvement in Student Placement
PhD Program Placement (2004-2005)
PhD Students Institutions
Irene Ng Cheng Leng (Marketing) Associate Professor School of Business Economics, University of Exeter, UK
Grace Lee Chau Chin (Management Organisation) Lecturer Department of MO (NUS)
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PhD Program Placement (2005-2006)
Improvement in Student Placement
PhD Students Institution
Lan Luh Luh (Business Policy) Associate Professor Department of Business Policy (NUS)
Tan Boon Seng (Business Policy) Assistant Professor Hong Kong Polytechnic University
Patricia Chew Yee Peng (Marketing) Lecturer SIM University, Singapore
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PhD Program Placement (2006-2007)
Improvement in Student Placement
PhD Students Their whereabouts
Ajay Singh Gaur (Business Policy) Assistant Professor Old Dominion University, USA
Qiu Cheng (Marketing) Assistant Professor University of Hong Kong
Zheng Huan (Decision Sciences) Assistant Professor Antai College of Economics and Management, Shanghai
Jiang Hao (Finance) Assistant Professor of Finance RSM Erasmus University, The Netherlands
Feng Shanfei (Marketing) Lecturer Monash University
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On-going Students on Job Market who secured job
positions
Improvement in Student Placement
On-Going PhD students Job Secured
Zhou Yunxia (Finance Accounting) Assistant Professor University of Queensland
Sankalp Chaturvedi (Management Organisation) Assistant Professor Tanaka Business School Imperial College London (with Sept 2008)
Shirish Chandra Srivastava (Decision Sciences) Assistant Professor HEC Paris (joining Sep 2008)
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FINANCIAL AID
Chart A Revised Research Scholarship Stipends as of 01 March 2008 Chart A Revised Research Scholarship Stipends as of 01 March 2008 Chart A Revised Research Scholarship Stipends as of 01 March 2008
Stipends RS Pre-PhD QE RS Post-PhD QE
Singapore Citizen 2,300.00 2,800.00
Singapore Permanent Resident 2,200.00 2,700.00
International Student 2,000.00 2,500.00

• Financial aid for four years is normal. Fifth
  year financial aid is based on performance.
  Financial aid for attending conferences is
  liberal. Additional funds from tutoring or doing
  TA / RA work
• NUS Research Scholarship
• The increased of stipend will take effect from 01
  March 2008.
• Refer to Chart A for new stipend
• Ph.D. students (4 years)
• Lee Kong Chian Graduate (LKC) Scholarship
• 3,300 per month (Refer to Chart B for revised
  stipend for LKC holders)
• Includes book , air travel, lap-top allowance
• President Graduate Fellowships(PGF) Scholarship
• To attract very strong applicants, the PGF will
  be converted from a top-up to a Fellowship with
  full stipend
• Refer to Chart C for revised stipend for PGF
  Holders
• Tuition Fees Subsidy
• Approx 5,000 per year
• For more details, kindly refer to
  http//www.nus.edu.sg/registrar/sfau/schemes-gd-sc
  holarshipawards.html

Chart B Revised Stipends for PhD Holders Chart B Revised Stipends for PhD Holders
LKC Stipends
Singapore Citizen 3,300.00
Singapore Permanent Resident 3,300.00
International Student 3,300.00
Chart C Revised Stipends for PhD Holders Chart C Revised Stipends for PhD Holders
PGF Stipends
Singapore Citizen 3,300.00
Singapore Permanent Resident 3,200.00
International Student 3,000.00
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SCHEMES TO RECOGNIZE GOOD PERFORMERS

• Top-up of 500 per month for students who passed
  Qualifying Exams
• Graduate Student Researcher / Teaching
  Assistant schemes

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HOW TO START THE PROCESS

• Apply to the NUS Business School
• http//www.bschool.nus.edu/Programs/PhD/home.htm
• Take the
• GMAT / GRE
• TOEFL TSE TWE
• IELTS
• Get copies of transcripts
• Get recommendation letters from faculty
• Think carefully about the essay you want to write

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PROGRAM STRUCTURE

• FULL-TIME PROGRAM
• PROGRAM DURATION 4 -5 YEARS
• Coursework (Year 1 2)
• Preparatory Classes of 3 weeks will commence
  prior the start of the
• semester
• Summer Paper All first year students (starting
  from the AY06/07 cohort) will be required to
  submit a summer paper at the end of their study
  in Year 1
• Qualifying Exams (End of Year 2)
• Thesis Writing, Submission and Defense (Year 3
  beyond)

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RESEARCH REQUIREMENTS

• 1st year summer paper
• With a professor and topic of your choice
• Working papers
• Thesis proposal in the third year
• Oral defense

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MINIMUM PROGRAM REQUIREMENTS

• Cap maintenance at 4.0
• Pass qualifying exams at the end of the 2nd year
• Do your proposal defense before the middle of the
  fourth year
• Be on the job market in the 4th year barring
  which go in the 5th year

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APPLICATION TIMELINE
Application deadline 15 Nov (online application) 31 Jan (paper application)
Notify students who are short-listed for interviews Mid Mar
Interviews (Face to face / Phone) End Mar / Early Apr
Results of interviews End Apr
Send offers letters May
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CONTACT US

• Websites http//phdmgt.nus.edu.sg
• Email us your enquiries
• phdenquiry_at_nus.edu.sg
• Call us at
• 65-6516 4418 (Mdm Hamidah Rabu)
• 65-6516 4417 (Ms Lim Cheow Loo)

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3D EXPERIENCE

• View the video clips for yourselves
• http//www.bschool.nus.edu/Media/video.htm

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Welcome to NUS Business School!