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Pre-Courses: 2 Courses (No Credits)

No. Courses Course Descriptions
1 DB 800 Introduction to Philosophy of Science for Business Research (No Credits)
2 DB 801 Advanced Statistical and Probability Theory (No Credits)

Core Courses: 4 Courses (12 Credits)

No. Courses Course Descriptions
1 DB 802 Advanced Economics (3 Credits)
2 DB 803 Econometrics (3 Credits)
3 DB 804 Developing Research for Publication I (3 Credits)
4 DB 805 Developing Research for Publication II (3 Credits)

Accounting Series: 4 Major Courses (12 Credits), Elective Courses (9 Credits)

No. Courses Course Descriptions
Major Courses (12 Credits)
1 DB 811 Research Methodology in Accounting (3 Credits)
2 DB 812 Behavioral Research in Accounting (3 Credits)
3 DB 813 Empirical Research in Accounting (3 Credits)
4 DB 814 Advanced Multivariate Statistics (3 Credits)  or
5 DB 815 Advanced Econometrics (3 Credits)
Elective Courses (9 Credits)
Selected from the other courses in Accounting Series and/or courses approved by the Ph.D. Executive Committee.

Finance Series: 4 Major Courses (12 Credits), Elective Courses (9 Credits)

No. Courses Course Descriptions
Major Courses (12 Credits)
1 DB 821 Financial Theory (3 Credits)
2 DB 822 Financial Economics (3 Credits)
3 DB 823 Corporate Finance (3 Credits)
4 DB 824 Advanced Econometrics (3 Credits)
Elective Courses (9 Credits)
Selected from the other courses in Finance Series and/or courses approved by the Ph.D. Executive Committee.

Marketing Series: 4 Major Courses (12 Credits), Elective Courses (9 Credits)

No. Courses Course Descriptions
Major Courses (12 Credits)
1 DB 831 Marketing Theory (3 Credits)
2 DB 832 Behavioral Research in Marketing (3 Credits)
3 DB 833 Empirical Research in Marketing (3 Credits)
4 DB 824 Advanced Econometrics (3 Credits)
Elective Courses (9 Credits)
Selected from the other courses in Marketing Series and/or courses approved by the Ph.D. Executive Committee.

Management Series: 4 Major Courses (12 Credits), Elective Courses (9 Credits)

No. Courses Course Descriptions
Major Courses (12 Credits)
1 DB 841 Micro-organizational Behavior (3 Credits)
2 DB 842 Macro-organizational Behavior (3 Credits)
3 DB 823 Corporate Finance (3 Credits)
4 DB 814 Advanced Multivariate Statistics (3 Credits)  or
5 DB 824 Advanced Econometrics (3 Credits)
Elective Courses (9 Credits)
Selected from the other courses in Management Series and/or courses approved by the Ph.D. Executive Committee.

Pre-Course

DB 800 Introduction to Philosophy of Science for Business Research

Philosophy of Science investigates the different branches of science and its underlying structure. Central questions are "What is science?" and "What is not science?", as well as "What characterizes science?" and "How to achieve scientific progress?". Philosophy of science is a way of describing how to conduct research, and a way of deciding research design. This course will examine the objectivity of science, the nature of scientific method, the status of scientific knowledge, and the character of scientific explanation.
Calculus. Vector and Matrix. Linear Algebra. Multivariate Calculus. Multivariate Optimization. Constrained Optimization. Basic combinatorics: Counting principle, permutations, combinations. Basic concepts: Sample spaces, events, basic axioms and theorems of probability, finite sample spaces with equally likely probabilities. Conditional probability: Reduced sample space, independence, Bayes' Theorem. Random variables: Discrete and continuous random variables, discrete probability functions and continuous probability density functions, distribution functions, expectation, variance, functions of random variables. Special distributions: Bernoulli, Binomial, Poisson, and Geometric discrete random variables. Uniform, Normal, and Exponential continuous random variables. Approximation of Binomial by Poisson or Normal. Jointly distributed random variables: Joint distribution functions, independence, conditional distributions, expectation, covariance. Sums of independent random variables: expectation, variance. Inequalities and Limit theorems: Markov's and Chebyshev's inequalities, Weak and Strong Law of Large Numbers, Central Limit Theorem. Hypothesis testing (Parametric and Non-Parametric); Errors and power.

Core Courses

DB 802 Advanced Economics

Theory of consumer choice and firm behavior. Theory of consumption and production. Pricing of products and factors of production under different market structures. Economics of information and choice under uncertainty; industry structures other than monopoly and perfect competition; market failure, imperfect information, externalities and public goods, and the role of government. In-depth study of specific topics in macroeconomics such as new economic growth models, equilibrium in different markets, rational expectations and new classical Economics, real business cycles theory and new Keynesianism, and monetary policy and inflation.
Econometric methods. Multiple regression models. Econometric problems arising from the violation of classical linear regression model assumptions and solutions. Estimation methods such as Ordinary least squares and Generalized least squares. System equation estimation methods. Maximum likelihood estimation methods. The Generalized method of moments.
In this course, students will learn how to develop and how to write their research proposals. Aspects to be considered include the research process, refining the topic, literature reviews, and expected contributions to the research field.
In this course, students will learn how to develop and how to write their research papers. An emphasis will be placed on the results, discussions, and conclusion sections.

Major Courses
» Accounting Series

DB 811 Research Methodology in Accounting

This course allows students to learn how to identify important and testable accounting research questions, and also explore issues relating to research validity, research design, keys to evaluating research, and research ethics. This seminar exposes students to a wide range of topics including information asymmetries among stakeholders of firms, moral hazard, adverse selection, and signaling.
Behavioral decision research in accounting which draws heavily from psychology of judgment and choice. The focus will be on individual decision-making under uncertainty including judgment heuristics and biases, decision framing, risk preferences and others.
This seminar explores accounting research using empirical-archival methods, primarily with respect to the role of financial accounting relation between information content of accounting information and the behavior of security prices, the role of accounting disclosures on the capital market, earnings management, and other related topics.
ANOVA; ANCOVA; MANOVA; discriminant analysis; cluster analysis; multidimensional scaling; factor analysis; profile analysis; path analysis; structural equation modeling.
Advanced econometric models including microeconometric and macroeconometric models. Advanced time-series models. Models for limited and qualitative dependent variables. Linear and nonlinear panel data models. Practical applications of these models are offered, using econometrics software and interpreting the estimated results.

» Finance series

DB 821 Financial Theory

Core theory of capital markets and corporate finance. The theory of financial decision-making under certainty and risk. Topics include the theory of investment under uncertainty, diversification and portfolio selection, capital structure, dividend, asset valuation, and derivatives pricing.
Foundations of modern financial economics; individuals’ consumption and portfolio decisions under uncertainty. Topics include expected utility theory, agency problems, information and signaling. For theory of macrofinance, emphasis will be on financial intermediation, aggregation, and contingent claims.
Principle of intertemporal choice, alternative valuation models, investor preferences for corporate financial decisions in complete and incomplete markets, unanimity conditions, the Modigliani-Miller invariance theorems and the role of corporate firm resource allocation, the impact of dividend and financial decisions on firm valuation in perfect and imperfect markets and theory of firms and agency costs.
Advanced econometric models including microeconometric and macroeconometric models. Advanced time-series models. Models for limited and qualitative dependent variables. Linear and nonlinear panel data models. Practical applications of these models are offered, using econometrics software and interpreting the estimated results.

» Marketing series

DB 831 Marketing Theory

Advanced topics in marketing, define and reviews behavioral, managerial, and environmental issues in marketing theory.
This seminar explores how researchers use qualitative and experimental research to investigate marketing theories. Topics include consumer decision making process, models of consumer behavior, influence of groups and individual behavior, memory of product information, information search behavior, incidental information acquisition, point of purchase environment, decision strategy, product evaluation, life cycle purchase patterns.
This seminar explores how researchers apply quantitative methods in marketing. Topics include models of consumer behavior, brand choice models, segmentation analysis, new product models, advertising decision models, salesforce compensation models, distribution decision models, and pricing decisions models.
ANOVA; ANCOVA; MANOVA; discriminant analysis; cluster analysis; multidimensional scaling; factor analysis; profile analysis; path analysis; structural equation modeling.
Advanced econometric models including microeconometric and macroeconometric models. Advanced time-series models. Models for limited and qualitative dependent variables. Linear and nonlinear panel data models. Practical applications of these models are offered, using econometrics software and interpreting the estimated results.

» Management series

DB 841 Micro-Organization Behavior

Cognition; Decision-making; Learning; Motivation; Negotiation and bargaining; Cooperation and altruism; Emotions; Impression management; Group processes; Stereotyping and injustice; Power and influence.
Contingency theory; Resource dependence theory; Ecological theory; Institutional theory; Organizational economics; Corporate governance; Social networks.
ANOVA; ANCOVA; MANOVA; discriminant analysis; cluster analysis; multidimensional scaling; factor analysis; profile analysis; path analysis; structural equation modeling.
Advanced econometric models including microeconometric and macroeconometric models. Advanced time-series models. Models for limited and qualitative dependent variables. Linear and nonlinear panel data models. Practical applications of these models are offered, using econometrics software and interpreting the estimated results.

Elective Courses

» The elective courses to be offered each year will depend upon the decisions by the Ph.D. Executive Committee

DB 851 Contemporary Behavioral Research in Accounting I

This seminar focuses on contemporary behavioral research in Accounting.
This seminar focuses on contemporary behavioral research in Accounting.
This seminar focuses on contemporary empirical research in Accounting.
This seminar focuses on advanced contemporary empirical research in Accounting.
Specialized topics in Accounting which may be related to the doctoral students’ research.
Construction and analysis of multifactor designs; Factorials; Fractional factorials; Incomplete block designs; Latin squares; Minimum aberration designs; Orthogonal arrays of strength and response surface designs.
Intertemporal investment decision theory; Time-state preference analysis; Mean-variance analysis; Stochastic dominance principle; Arbitrage pricing models; Multifactor duration analysis and bond immunization; Portfolio insurance; Program trading; Fund management strategies and performance evaluation; Pricing of derivatives product.
Developments of financial markets; Sales and implication of financial instruments; Internationalization of financial markets; Financial deregulation and securitization; International co-operation on monetary and financial policies.
Alternative theories of exchange rate determination; Spot and future foreign exchange markets and management of foreign exchange risk; Analysis of the international financial system; Operation of the international monetary systems and its implications for exchange rate determination. Additional topics include determinants of foreign investments types, characteristics of international financial institutions, and the relationships between international and domestic financial markets.
Specialized topics in Finance which may be related to the doctoral students’ research.
This seminar focuses on contemporary behavioral research in Marketing.
This seminar focuses on contemporary behavioral research in Marketing.
This seminar focuses on contemporary empirical research in Marketing.
This seminar focuses on contemporary empirical research in Marketing.
Specialized topics in Marketing which may be related to the doctoral students’ research.
This seminar focuses on contemporary research in Management.
This seminar focuses on advanced contemporary research in Management.
Specialized topics in Management which may be related to the doctoral students’ research.
Specialized topics in Management which may be related to the doctoral students’ research.
Specialized topics in Management which may be related to the doctoral students’ research.

Dissertation

DB 900 Dissertation

Research project and procedure formulation leading to new body of knowledge in business administration under the supervision of the dissertation advisor and committee, dissertation writing and presentation, research report writing for dissemination, ethics in research and academic publication.