Management and Economics (Collaborative Program)
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Arts and Science
Degree Programs Offered
Economics – PhD
Management – PhD
Overview
The Rotman School of Management and the Department of Economics offer a limited enrolment collaborative program in Management and Economics. The student will undertake a program of study that includes: developing a basic understanding in one of the core areas of management (accounting, economics, finance, marketing, operations management, organizational behaviour); developing an in-depth understanding of economics and econometrics (PhD-level work); and carrying out PhD-level work in one of the areas of management. At present, only finance is available in the collaborative program.
Contact and Address
Web: www.economics.utoronto.ca
E-mail: ecograd@chass.utoronto.ca
Telephone: (416) 978-7169
Fax: (416) 978-6713
Department of Economics
Room 4072, Sidney Smith Hall
University of Toronto
Toronto, Ontario M5S 3G3
Canada
Degree Programs
Doctor of Philosophy
Minimum Admission Requirements
- Admission to the program is by permission of the graduate coordinators in both Economics and Management. Prospective applicants should apply to the Department of Economics, and must meet the admission requirements of the Department of Economics.
- Admission requirements (at a minimum) are the same as for the PhD program in Economics. Students should have a strong undergraduate and MA-level background in economic theory, as well as mathematics.
- Preference is given to students with undergraduate or other previous course work in commerce or business, especially finance and accounting.
Program Requirements
- The PhD is a full-time program. Applicants must be registered as full-time students for a minimum period of three years.
- The PhD is a research degree which requires:
- demonstration of competence in core economics, in finance, and a second special field in economics;
- fulfilment of a breadth/distribution requirement in management and finance;
- a thesis based on original research.
- To fulfil the program requirements outlined below, students will complete all of their comprehensive exams in two years, and their required course work in 2.5 years.
- Year 1 - Students must take the Math-Stat Review (ECO 1011H), the PhD microeconomic theory sequence (ECO 2020H and ECO 2030H), the PhD econometrics sequence (ECO 2400H and ECO 2401H), and the first two courses of the Rotman Finance sequence (MGT 3030H and MGT 3031H). They must also complete (or be exempt from) Financial Accounting (MGT 1221H or MGT 1222H), and Business Finance by the end of Year 1. Students can satisfy the Business Finance requirement by taking ECO 2503H. Students must pass the microeconomic theory comprehensive exam by the end of Year 1.
- Year 2 - Students complete the PhD sequence in macroeconomics (ECO 2021H and ECO 2031H), and satisfy their main field requirement by completing the PhD Finance sequence (MGT 3032H, MGT 3033H, and MGT 3034H). Students must pass the comprehensive exam in macro, as well as the Rotman Finance comprehensive exam. Students satisfy the distributional requirement in economics by taking two courses from a list approved by the Department of Economics. This comprises the minor field; note that the Financial Economics field is excluded from this list. Students should also attend the Finance seminar on a regular basis, beginning in Year 2.
- Year 3 - Students complete their management distributional requirement by taking two courses in a stream approved by the Rotman School of Management, drawn from the second-year MBA courses (i.e., MGT 2300 series). Students must participate in the Graduate Research Seminar (ECO 4060Y), and present a "second year" paper proposal by February of Year 3. The completed "second year" paper must be presented in the Finance Seminar by the Fall of Year 4.
- Years 4 and 5 - Students complete their dissertation.
Courses
See the separate entries in this calendar for the Economics and Management PhD programs.
Program Committee
Adonis Yatchew - BA, MA, PhD - Economics
Peter Pauly - MA, PhD - Management