Dean’s 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 world’s 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
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
ABOUT NUS BUSINESS SCHOOL • WORLD CLASS FACILITIES AND RESOURCES • New S$70 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
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 School’s 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.
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 yo:HA @ 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 firstname.lastname@example.org
PhD Opportunities in Biz • Business Policy (Strategy and Business Economies) • Decision Sciences (Operations Management and Management Science) • Finance • Marketing Management • Organization Behavior
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?
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.
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?
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
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?
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
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?
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
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?
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?
Why study Management & Organisation? • Are Leaders born or made? • How can Organizations facilitate employee’s “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?
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
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 • Analyst’s job leading consulting / market research firms
Improvement in Student Placement PhD Program Placement (2004-2005)
PhD Program Placement (2005-2006) Improvement in Student Placement
PhD Program Placement (2006-2007) Improvement in Student Placement
On-going Students on Job Market who secured job positions Improvement in Student Placement
FINANCIAL AID • 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-scholarshipawards.html
SCHEMES TO RECOGNIZE GOOD PERFORMERS • Top-up of $500 per month for students who passed Qualifying Exams • Graduate Student Researcher / Teaching Assistant schemes
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
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)
RESEARCH REQUIREMENTS • 1st year summer paper • With a professor and topic of your choice • Working papers • Thesis proposal in the third year • Oral defense
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
CONTACT US • Websites http://phdmgt.nus.edu.sg • Email us your enquiries • email@example.com • Call us at: • 65-6516 4418 (Mdm Hamidah Rabu) • 65-6516 4417 (Ms Lim Cheow Loo)
3D EXPERIENCE • View the video clips for yourselves: • http://www.bschool.nus.edu/Media/video.htm
Welcome to NUS Business School!