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What will I learn?

The primary objective of the PhD with a major in business administration is to prepare a select number of qualified students for careers in university-level teaching and research and for responsible positions in business and government.

The PhD normally requires four years of intensive study and research beyond the master’s degree. Typically, the first two years of a student’s program consist of course work, writing, and research. The third and fourth years require completion of courses, the comprehensive exam, and completion of the dissertation. It is emphasized that the PhD program is structured for full-time students only. Upon acceptance of a student by a particular departmental faculty, the student is expected to remain in residence until the dissertation has been completed and all requirements are met for completion of the PhD.

Since the program focuses on the development of competent scholars, heavy emphasis is placed on both teaching and research skills. As part of the doctoral program, each student is required to serve as a teaching assistant to an undergraduate business class or as a research assistant to a senior faculty member. Students with strong teaching skills may be assigned their own classes. Typically, the Haslam College of Business offers financial support for doctoral students during their tenure in the program.

The PhD program is highly flexible, offering a wide array of concentrations and cognates. Moreover, heavy emphasis is placed on individualized instruction and close student-faculty interaction. Instruction takes the form of regular classes, doctoral seminars, and independent study and research. Students are also encouraged to attend lectures and discussions by visiting scholars throughout the year.

The finance concentration is a research-oriented doctoral program of instruction that provides perspectives and skills necessary for an academic career pursuit in the field of finance. Successful completion and defense of the dissertation qualifies the candidate to pursue academic opportunities at research-oriented or other universities.

Which department am I in?

Haslam College of Business

Study options

Full Time (4 - 5 years)

Tuition fees
US$31,139.00 per year
Application deadline

15 December 2021

Start date

January 2022


Haslam College of Business

453 Haslam Business Building,



37996, United States

Entry requirements

For students from United States

Applicants must have obtained a bachelor’s degree from a college or university accredited by the appropriate regional accrediting agency, recognized by the Council on Higher Education Accreditation (CHEEA). A non-U.S.?degree must be equivalent to a bachelor’s degree from the United States and must be granted by a recognized or accredited foreign institution. United States degree holders must have earned a minimum of 2.7 out of a possible 4.0 GPA or a minimum of 3.0 during the senior year of undergraduate study. If you have completed previous graduate coursework, you must have earned a minimum of 3.0 out of a possible 4.0 GPA.

For international students

Undergraduate Degree All accepted
Master’s Degree Not mandatory

An applicant requesting admission to the Graduate School may be required to submit results of the TOEFL or IELTS. Minimum score requirements for admission to the Graduate School are:

  • a total score of TOEFL

    PBT 600
    CBT 250
    IBT 100 or higher

  • a 7.0 overall band score on the IELTS.

*There may be different IELTS requirements depending on your chosen course.