PhD Finance and Accounting
Nottingham University Business School
| Application deadline: | There is no set closing date for applications, but it is recommended that applications should be received by July for an October |
| Tuition fee: |
|
| Start date: | October 2013 |
| Duration full-time: | 36 months |
| Languages: |
|
| Location: |
|
| Disciplines: | |
| Delivery mode: | On Campus |
| Educational variant: | Full-time |
| Project type: | Open, Predefined |
| Educational Form: | Academic |
Description
Students admitted to the University to study for a Doctorate are normally registered at PhD level. At the end of Year 1, subject to the satisfactory completion of the annual review, a student's PhD status will be confirmed. If progress is unsatisfactory, students may be downgraded to MPhil status. Completion of all doctoral research training modules is a necessary pre-requisite for confirming PhD status.
The annual review requires students to submit a draft Literature Chapter (8,000 words) and make a short presentation about their research to a Review Panel of Assessors, which will include a clear summary of what they have achieved over the previous year and a timeline for the completion of their PhD.
Students will also undergo a similar annual review at the end of year 2 and Year 3. The Year 2 annual review requires students to submit a revised Literature Chapter and a sample Chapter, which is likely to be a Methods or Empirical Chapter and the Year 3 annual review requires students to submit a commentary that details how they have addressed the feedback received from the 2nd year annual review and one or more empirical research chapters. Students are also required to present their work to a Review Panel of Assessors.
PhD Degree Stucture
Below is an overview of the structure of a typical Full-Time Doctoral Timetable:
Year 1
* Semesters 1 & 2: Attend appropriate taught modules both within the Business School and the Graduate School
* Define the nature of the research problem, identify appropriate analytic frameworks, and expect to have completed a first draft of literature review chapters
* June: 1st year Annual review
Year 2
* Expect to complete empirical work. If data collection is likely to be a lengthy process, perhaps because of gaining access to companies or because the study is longitudinal in nature, then the empirical work may start quite early in the student's second year, or even at the end of the first year
* June : 2nd year Annual Review
Year 3
* Commence formal writing-up
* Expect to complete empirical work and produce draft write-up of results
* Submit completed thesis
* June: 3rd year Annual review
Students should note that although a 4th year writing up period is available, the expectation is that they will submit their thesis within 3 years. It is most important that students research is written up on a continual basis during the three years of registration. Continual writing-up means that the students should expect to regularly prepare chapters to be read and commented on by their supervisors on a regular basis. This should help to ensure that when the formal writing-up period begins, they have a first draft of a thesis ready for modification.
Contents
Priority Research Areas
* Accounting & auditing
* Asset Pricing
* Corporate finance
* Corporate governance
* Derivatives, risk & mathematical finance
* Financial economics
* Financial markets
* Financial reporting
* Liquidity pricing models
* Mergers & Acquisitions
* Real estate finance
* Venture capital & equity
Our faculty members regularly publish in top international journals including Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. The Division runs a weekly seminar series. Our seminar speakers come from the best institutions around the world, such as Harvard, Wharton, Columbia, NYU, Duke, LBS, LSE, Oxford, and Cambridge.
We offer a highly competitive PhD programme which is a combination of rigorous training and supervision by leading scholars in the field. Our doctoral students play a full and active part in the Division's research activities. Around five doctoral students are admitted into our PhD programme each year, and together we commit ourselves to the highest-quality research in Finance and Accounting.
Specific projects
* Competition and choice in the audit services market
* Derivatives pricing models (quadrature, finite difference, Monte Carlo, trees)
* Governance and accounting
* Liquidity modeling from two approaches, either data analysis or non Black Scholes Merton
* Lessons from financial history
* Mergers and value creation
* Taxation
Requirements
Applicants will normally be graduates of an approved university holding a Masters degree in a relevant subject (normally with an average over 65% in the taught modules and normally 65% in the dissertation, or its equivalent). Applicants may also be considered for admission if they have an honours degree in a relevant subject (with at least an upper second or its equivalent). Professional, business or industrial qualifications are also valued for some research areas.
Please enclose transcripts of all your academic qualifications with your application form. Interested applicants who have not yet fully completed their Masters or undergraduate degree should include a transcript of the marks received to date. Any offer made would be conditional upon achieving the required standard.
If English is not your first language
If your first language is not English , we normally require you to achieve one of the following combination of test results taken no earlier than September 2010 for an immediate entry to either the MRes Business and Management Programme and the Doctoral Programme (IELTS preferred).
* An International English Language Testing System (IELTS) score of at least 7.0 with a minimum score of at least 6.0 in each of the four individual elements of the test.
* A Test of English as a Foreign Language (TOEFL) score of at least 600 with a Test of Written English (TWE) score of at least 4.5. or computerised test equivalent of 250 with a TWE of 4.5 or an internet TOEFL score of 100 with no less than 19 in each of the four elements.
Applicants who have obtained an overall IELTS score of 6.5 will still be considered for a place on the programme, however any offer made would be conditional upon achieving an overall score of 7.0 with a minimum of 6.0 in each element or successfully completing an appropriate Business Management course at the University's Centre for English Language Education before commencing the programme.
English Language Requirements
| IELTS band: | 7 |
| TOEFL paper-based test score: | 600 |
| TOEFL computer-based test score: | 250 |
| TOEFL internet-based test score: | 100 |
Funding
Nottingham University Business School Scholarships
The School is offering the following scholarships to full time PhD students for the 2012-13 session:
Up to six full-time Scholarships covering full tuition fees as well as tax-free living expenses of £13,590 per year (estimated ESRC rate for 2012-13).
* 4 of these scholarships are open to all research areas.
* 2 scholarships are being offered by the International Centre for Corporate Social Responsibility (ICCSR) which are only open to research in the area of CSR.
All scholarships are available to both Home/EU and overseas students. Students who want to be considered for the Nottingham University Business School scholarship competition should submit their application by 30th March 2012 at the latest.
Please note that applications for Nottingham University Business School Scholarships will be disregarded unless you have indicated, in the personal details section of the online application form or section 3 on the hardcopy postgraduate application form, where it asks 'how do you expect to pay for your studies' that you wish to be considered, i.e. you need to state 'NUBS Scholarship applicant'. School Scholarship applications will be evaluated on the basis of former qualifications, academic background, references and research proposal. All of the required documentation in relation to this must be submitted to us by the deadline.
University and Other Research Council Scholarships - Home/European Union Students
ESRC DTC Scholarships
The University was recently successful in being chosen by the Economic and Social Research Council (ESRC) as one of only 21 Doctoral Training Centres accredited nationally. Over the next 5 years the new training centre will receive around £6 million from the ESRC, which will be used to fully fund PhD Studentships across the social sciences, including Business and Management. Details regarding the Scholarship process for 2012/13 to be confirmed shortly.
Vice Chancellor's Scholarship for Research Excellence (European Union) 30 Full Tuition Fee Scholarships, including a £8,400 stipend per annum. These Scholarships are open to applicants who have an offer for a full-time Research degree programme AND who are classed as a European Union (non UK) student for fee purposes. Closing date for applications is 9th March 2012. Further information is available at University Scholarships.
University and Other External Scholarships - International Students
Vice Chancellor's Scholarship for Research Excellence (International)
The University is offering up to 40 full tuition fee scholarships for international students. The closing date is 9th March 2012. Further information is available at University Scholarships.
China Scholarship Council Scholarship for Research
The International Office will be offering 10 full tuition and stipend scholarships in association with the China Scholarship Council. The China Scholarship Council Research Excellence Scholarship will close for applications on Friday 24 February.
University of Nottingham Alumni
Alumni scholarships are available to non UK full-time students who have completed a degree programme at the University of Nottingham. More information regarding eligibility is available at Alumni Scholarships.
IELTS
You are normally required to take an English Proficiency Test.
Most European Universities recognise the IELTS test.
Take IELTS testContact
Using the form on this page, you can directly ask questions to the contactpersons at the university.
Fill out your contact information and message. The information you fill out in this form will be sent directly to the university. They will reply to you on the e-mail address you provide here.
phdportal.eu cannot take any responsibility for the answering of contacts or for the content of their replies.
