Doctor of Philosophy (PhD) in Business/Managerial Economics
A PhD in Business/Managerial Economics trains students in advanced economic theory and research methods, preparing them for careers in academia, research, or high-level consultancy.
About
The Doctor of Philosophy (PhD) in Business/Managerial Economics is a research-focused degree designed for students who want to deepen their understanding of economic principles applied to business and management. This program is intended for individuals who have completed a master's degree or equivalent and are interested in conducting original research that contributes to economic knowledge in the business context. Graduates typically pursue careers as university professors, economic researchers, or senior consultants in various industries.
- The PhD is a doctoral degree requiring 4 to 7 years of study after a master's.
- It focuses on advanced economic theories and quantitative research methods.
- Students develop skills to analyze complex business problems using economic models.
- The degree prepares for roles in academia, public policy, and private sector research.
- It suits those interested in independent research and contributing new knowledge.
What you study
The PhD program typically begins with coursework in economic theory, econometrics, and specialized business economics topics. Early years focus on building a strong foundation in microeconomics, macroeconomics, and quantitative methods. As students progress, they undertake comprehensive exams to demonstrate mastery of these subjects.
- The program includes seminars where students present research and receive feedback.
- Students work closely with advisors to develop a dissertation proposal addressing a specific economic question.
- The later years are devoted mainly to independent research and writing the dissertation.
- Practical elements include data analysis and use of statistical software.
- There is limited formal coursework after the initial phase, with emphasis on original research.
How to get in
Admission to a PhD in Business/Managerial Economics in the US requires a strong academic background, usually a master's degree in economics, business, or a related field. Applicants must demonstrate research potential and quantitative skills. The process is competitive and involves submitting academic transcripts, standardized test scores, letters of recommendation, and a statement of purpose.
- Applicants should have completed a master's degree or equivalent.
- The GRE or other standardized tests may be required.
- Strong skills in mathematics and statistics are expected.
- Research experience or relevant work can strengthen applications.
- Admission committees look for motivation and fit with faculty interests.
Day to day
A typical year in the PhD program involves a mix of coursework, seminars, and research activities. Early years are more structured with classes and exams, while later years focus on dissertation research. Students often attend academic conferences and may assist in teaching.
- The workload includes weekly seminars to discuss research progress.
- Students spend significant time on data collection and analysis.
- Teaching assistantships are common, providing teaching experience.
- There is no formal internship or alternance component.
- The schedule is flexible but demands self-discipline and time management.
Careers this degree leads to
Graduates with a PhD in Business/Managerial Economics often find opportunities in academia, research institutions, government agencies, and private sector firms. The degree opens paths to roles requiring deep economic analysis and research skills.
- Common careers include university professor and economic researcher.
- Some work as policy analysts in government or international organizations.
- Private sector roles may involve consulting or strategic analysis.
- Employment generally requires strong analytical and communication skills.
- Job placement can be competitive but is generally positive for well-prepared candidates.
Continuing your studies
After completing the PhD, graduates may continue research through postdoctoral positions or transition to academic faculty roles. Some may pursue additional certifications or professional development in specialized fields related to economics or business.
- Postdoctoral research can deepen expertise and publication record.
- Some graduates move into administrative or leadership roles in academia.
- Others may shift to applied research or consultancy.
- The PhD is generally the highest academic qualification, limiting further formal degrees.
Where to study this degree (15)
Liste des 15 établissements
- University of GeorgiaAthens
- Carnegie Mellon UniversityPittsburgh
- University of AlabamaTuscaloosa
- Oklahoma State University-Main CampusStillwater
- University of New OrleansNew Orleans
- University of MiamiCoral Gables
- Auburn UniversityAuburn
- University of North Carolina at GreensboroGreensboro
- University of Tennessee at KnoxvilleKnoxville
- Northwestern UniversityEvanston
- Harvard UniversityCambridge
- Mississippi State UniversityStarkville
- West Virginia UniversityMorgantown
- Lehigh UniversityBethlehem
- University of Michigan-Ann ArborAnn Arbor
Frequently asked questions
What prior education is needed to apply for this PhD?
You generally need a master's degree in economics, business, or a related field. Strong quantitative skills and research experience improve your chances.
How long does the PhD program usually take?
The program typically lasts between 4 to 7 years, depending on research progress and dissertation completion.
Is there a practical or internship component in the program?
The program focuses mainly on research and coursework; formal internships or work-study options are usually not part of the curriculum.
What kind of jobs can I get after this PhD?
Graduates often work as university professors, researchers, policy analysts, or consultants in various sectors requiring economic expertise.
Is the program taught in a specific language?
In the US, the program is conducted in English, requiring proficiency in academic English for coursework and research.
Can I pursue further studies after this PhD?
The PhD is the highest academic degree, but you can pursue postdoctoral research or professional development in specialized areas.
How competitive is admission to this program?
Admission is very selective, with committees looking for strong academic records, research potential, and fit with faculty expertise.
Are teaching opportunities part of the program?
Many PhD students work as teaching assistants, which helps develop communication and academic skills.


















