Statute AB12 Degree of Philosophy in Business. 1. For admission as a candidate for the degree of Doctor of Philosophy in Business, a person must -

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1 STATUTE AB12 DEGREE OF DOCTOR OF PHILOSOPHY IN BUSINESS Admission 1. For admission as a candidate for the degree of Doctor of Philosophy in Business, a person must - be a graduate of this University or such graduate of another university as the Academic Board may approve; have obtained a Master s degree or a Bachelor s degree with good honours; and submit evidence of adequate training and ability to undertake the proposed programme. 2. A person is normally admitted as a candidate only at the beginning of an academic year. 3. The Board of Graduate Studies may admit to the Doctor of Philosophy in Business programme a candidate who has - passed the examination in all the core subjects for the degree of Master of Business Administration, or fulfilled all requirements for the degree of Master of Business Administration and exempt him from such core and/or functional subjects as it deems fit on the recommendation of the Dean of the School of Accountancy and Business. Period of Candidature 4. (1) The minimum period of candidature for full-time candidates is six trimesters and the maximum period is fifteen trimesters. (2) The minimum period of candidature for part-time candidates is nine trimesters and the maximum period is eighteen trimesters. 5. During the period of study, a candidate for the degree of Doctor of Philosophy in Business must pursue such subjects of study and take such examinations as may be prescribed by Regulations made by the Board of Graduate Studies on the advice of the School of Accountancy and Business. 1

2 REGULATIONS MADE UNDER STATUTE AB12 1. The programme leading to the degree of Doctor of Philosophy in Business comprises - 6 core subjects; 6 functional subjects; and a thesis on a research topic approved by the Dean of the School of Accountancy and Business. Subject to the approval of the Dean, a candidate may be granted exemption of up to four core subjects in which he has requisite academic background. The functional subjects will take the form of either courses or doctoral seminars which will typically consist of small classes studying a particular subject in depth. 2. (1) The core subjects are as follows: B7003 B7004 B7011 B7023 B7024 B7031 Mathematical Economics Probability & Statistics Organisation Theory Microeconomics Macroeconomics Research Methodology (2) Unless exempted by the Board of Graduate Studies, a full-time candidate for the degree of Doctor of Philosophy in Business must offer at least two but not more than five subjects in a trimester of study. A part-time candidate must offer at least one subject but not more than three per trimester. (3) The distribution of subjects for each trimester shall be determined by the School of Accountancy and Business. (4) There are three trimesters of fourteen weeks each in an academic year. 3. (1) Candidates for the degree of Doctor of Philosophy in Business may choose any of the following areas of specialisation: Market-Based Accounting Behavioural Accounting Banking and Finance They will be required to offer a minimum of six functional subjects. The Board of Graduate Studies may, on the advice of the Dean of the School of Accountancy and Business require candidates to undertake more than this minimum in order to make good the areas in which their knowledge is 2

3 identified as deficient. (2) The functional subjects in each area of specialisation are as follows: Market-Based Accounting B7111 Theory of Finance B7121 Econometrics I B7122 Econometrics II (optional) One doctoral seminar from the following: B7151 Doctoral Seminar on Corporate Finance B7152 Doctoral Seminar on International Finance B7153 Doctoral Seminar on Investments B7154 Doctoral Seminar on Financial Institutions & Markets Three doctoral seminars from the following: B7251 Doctoral Seminar on Financial Accounting B7252 Doctoral Seminar on Management Accounting B7253 Doctoral Seminar on Auditing B7254 Doctoral Seminar on International Accounting Behavioural Accounting B7211 Doctoral Seminar on Judgement & Choice B7212 Doctoral Seminar on Memory & Cognition B7222 Multivariate Statistical Methods B7223 Nonparametric Statistics (optional) Three doctoral seminars from the following: B7251 Doctoral Seminar on Financial Accounting B7252 Doctoral Seminar on Management Accounting B7253 Doctoral Seminar on Auditing B7254 Doctoral Seminar on International Accounting Banking & Finance B7111 Theory of Finance B7121 Econometrics I B7122 Econometrics II Two doctoral seminars: B7151 Doctoral Seminar on Corporate Finance B7152 Doctoral Seminar on International Finance One doctoral seminar from the following: B7153 Doctoral Seminar on Investments B7154 Doctoral Seminar on Financial Institutions & Markets 4. (1) The thesis comprises a piece of approved original research in the chosen field of specialisation. Candidates are required to make an oral presentation of the thesis proposed, which should be completed to the stage of feasible research project. The thesis shall not exceed 40,000 words (excluding bibliography, charts, appendices, graphs etc) and shall be submitted in accordance with the provisions prescribed in clause 12 (1) & (2) of Statute 19 (Degree of Doctor of Philosophy). (2) Except with the special approval of the Dean of the School of Accountancy and Business, students are only permitted to commence 3

4 their thesis upon successful completion of the course work component of the degree of Doctor of Philosophy in Business. (3) The thesis must be submitted within sixty months of the date of the student s admission as a candidate for the degree. Examinations 5. (1) A candidate will be examined at the end of each trimester. (2) Unless otherwise determined by the Board of Graduate Studies on the advice of the School of Accountancy and Business, there will be one paper for each of the subjects of the programme. (3) There will be no formal examination for the subject Research Methodology. The product of this subject is a research proposal embodied in a report submitted by the candidate. The assessment of the candidate's report will form part of the results of the Examination. (4) The thesis will be examined in the same manner as a thesis submitted for the degree of Doctor of Philosophy. 6. (1) A candidate who has not completed and passed at least six subjects since his admission to the programme will be dismissed if he has either: failed to obtain a pass after two attempts in any one subject; or failed his first attempts in a total of four subjects since his admission to the programme. (2) Regulation 6(1) will not apply to any candidate who has passed at least six subjects since his admission to the programme. (3) A candidate who fails an attempt in any subject is required to repeat the course of study in the subject before attempting the examination in that subject again. In the case of failure in a functional subject, the candidate may, with the approval of the Dean of the School of Accountancy and Business, offer an alternative subject, which for this purpose will be deemed a repeat attempt in the original subject. (4) Transfers of credits and subject exemptions granted will not be counted as subjects passed in counting the number of subjects a candidate has passed since his admission to the programme. 7. (1) A candidate who is prevented by illness from taking or completing the Examination may be permitted by the Board of Graduate Studies to take the Examination again at a subsequent period of the Examination provided that the illness is reported to the Registrar and a medical report submitted to the Registrar within forty-eight hours of the candidate s absence from the Examination. In such a case, the 4

5 candidate may be required, at the discretion of the Board of Graduate Studies, to repeat the course before sitting the Examination again. (2) Any fee payable for the medical examination under regulation 7(1) of these Regulations shall be paid by the candidate. 8. A candidate who has not been granted leave of absence but who withdraws from any subject of an examination after the second week of a trimester will be deemed to have sat and failed in that subject of the Examination. 9. (1) A candidate for the degree of Doctor of Philosophy in Business who has completed some or all of the core subjects in the Master of Business Administration programme but is unable to complete the Doctor of Philosophy in Business programme may, with the approval of the Dean of the School of Accountancy and Business, be permitted to complete the remaining requirements for the degree of Master of Business Administration in the relevant area of specialisation. (2) A candidate for the degree of Doctor of Philosophy in Business who has completed all the core subjects in the Master of Business Administration programme or been exempted from such core subjects and has completed the course work component of the Doctor of Philosophy in Business programme will be awarded the degree of Master of Science (Business). Exemptions 10. The Academic Board may grant such exemptions as it thinks fit from the requirements of this Statute. End of Statute AB12 5

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