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Doctor of Philosophy in Economics and Finance
Programme
Doctor of Philosophy in Economics and Finance
經濟及金融哲學博士
Award Title
Doctor of Philosophy
哲學博士
Offering Academic Unit
Department of Economics and Finance
Mode of Study
Full-time
Part-time

Credit Units Required for Graduation

For PhD students in Economics: 30 credits and SG8001; for PhD students in Finance: 42 credits and SG8001

Programme Aims

This programme aims to prepare students for careers as faculty members in tertiary institutions and as specialists in a research-related capacity in business and industry. The programme focuses on developing research competence at the doctoral level which will enable students to make a substantial original contribution to knowledge in a chosen research area.


Programme Intended Learning Outcomes (PILOs)

Upon successful completion of this Programme, students should be able to:

1. demonstrate a thorough understanding of the fundamental concepts and theories in a field within the chosen research area;
2. critically appraise and effectively synthesise relevant research literature;
3. independently formulate research problems, select and apply appropriate research methodologies in the resolution of such problems;
4. make a substantial original contribution to knowledge through independent research, with demonstrated ability to publish scholarly research in reputable learned journals;
5. effectively communicate research findings and their implications orally and in writing to academic and professional audiences;
6. show awareness of ethical issues involved in research; and
7. demonstrate some teaching ability in the context of tertiary education.

Programme RequirementsCatalogue Term : Semester A 2019/20



Research Area(s) in which research students will be admitted to:

• Accountancy, Economics and Finance
• Business and Management (Big Data, Knowledge and Innovation, and Healthcare)


Programme Core Courses: (for PhD students in Economics: 30 credits; for PhD students in Finance: 42 credits )
For all PhD students:
Course CodeCourse TitleCredit UnitsRemarks
EF8070Advanced Microeconomics3
EF8071Topics in Microeconomics3
EF8072Advanced Macroeconomics3
EF8090Advanced Econometrics3
and Course(s) outside home department but within CB of at least 3 credit units at postgraduate level 3
FB8905 Project (Thesis Proposal Defense) 6A year-long course from Summer Year 2 to Semester A Year 3
FB8914Doctoral Seminar3Offered by College of Business
SG8001Teaching Students: First Steps1Not counted towards the University's coursework requirement
For PhD students in Economics:
Course CodeCourse TitleCredit UnitsRemarks
EF8075Topics in Econometrics3Only intended for students in Economics
EF8078Topics in Macroeconomics3Only intended for students in Economics
For PhD students in Finance:
Course CodeCourse TitleCredit UnitsRemarks
EF5250Stochastic Calculus for Finance3Only intended for students in Finance
EF8077Theoretical Asset Pricing3Only intended for students in Finance
EF8080Empirical Corporate Finance3Only intended for students in Finance
EF8081Advanced Corporate Finance3Only intended for students in Finance
EF8082Theoretical Corporate Finance3Only intended for students in Finance
EF8083Empirical Asset Pricing3Only intended for students in Finance

Programme Electives: At least 6 credits by choosing the following courses (for PhD students in Economics only)
For PhD students in Economics:
Course CodeCourse TitleCredit UnitsRemarks
EF5400Advanced International Trade3Only intended for students in Economics
EF5402Economic Growth and Development3Only intended for students in Economics
EF5406International Finance3Only intended for students in Economics
EF8074Independent Project6Only intended for students in Economics
EF8077Theoretical Asset Pricing3Only intended for students in Economics

Qualifying Examination:
 
Students are required to take a departmental common written qualifying examination to make sure that they have solid foundation to pursue research. Students who fail in the qualifying examination are allowed to have at most one more attempt at the discretion of EF Department but all students must PASS the examination the latest by 31 August of their second year of study*.  Those who cannot pass the examination by the corresponding deadline will be recommended for termination of study following the procedures stipulated by the University.

Qualifying/Annual Report Submission:

Students must submit a qualifying report within the specified qualified period.  A qualifying report should include a survey of the relevant literature, and identification of a specific research topic, the research methodology and a discussion on possible outcomes.

After the qualifying period, students must submit progress reports on an annual basis until they have submitted the final version of their thesis for oral examination and completed any other academic requirements.

Thesis:

A PhD thesis should present the results of research investigation, give evidence of a throughout understanding of the research area, its context and applicability, and make a substantial original contribution to knowledge in the subject area concerned.

Additional Notes:

• For FB8905 Project, students must COMPLETE the thesis proposal defense conducted by a panel set up by EF Department the latest by 31 December of their third year of study*. Students who fail in the defence are allowed to have at most one more attempt at the discretion of the panel. If a second attempt is allowed, students must PASS the defence the latest by 30 June of their third year of study*. Those who cannot pass the thesis proposal defense will be recommended for termination of study following the procedures stipulated by the University.
• PhD students are recommended to attend the “Mathematics for Economics & Finance” workshop series held in Summer.


* The schedule is catered for full-time regular PhD students admitted in September.  For those pursuing part-time studies or admitted in mid-year, the schedule will need to be adjusted in consultation with EF Department.