Completion of a master’s degree is a requirement before beginning a PhD program. Most programs require a dissertation or thesis with original research before completion and awarding of the degree.

What is a PhD in Business Economics? These PhD programs have a heavy math component combined with business sense. Research methods and statistical methods are common courses. In addition, students learn consumer behavior, management and business economy, all of which can be applied to the real-world outside of academia. Scholars have a lot of autonomy in choosing the specialization of their doctoral thesis and corresponding coursework. Programs average three years for completion of all coursework.

Math skills are honed in the program and work well in banking and finance in the corporate world as well as in personal interests. Program participants gain further research and writing skills that can be used to apply for grants for further research, in positions requiring research and for directing policy outside of academia.

Program cost varies depending upon any grants or assistantships that might be awarded. Research all possible program and financial aid options before making a decision.

The research and writing abilities gained during the course of earning a business economics degree prepare graduates for careers in the academic field. Beyond academia, graduates can move into corporate or government sectors. In addition, think tanks and international organizations such as the World Bank and International Monetary Fund are good places to utilize the skills gained in this program. A PhD in Business Economics has a wider appeal for post-graduate work than many other PhD programs available. Specific careers for those with a PhD in Business Economics include healthcare economist, research scientist and research health economist.

Most PhD programs are full-time campus opportunities for research and collaboration both domestically and internationally. For the next steps in the process, search for your program below and contact directly the admission office of the school of your choice by filling in the lead form.