LBS Brochure

PhD Programme

AccountingEconomicsFinanceManagement Science and OperationsMarketingOrganisational BehaviourStrategy and Entrepreneurship

www.london.edu/phd/

4 About London Business School

5 PhD Programme overview

9 Placement highlights

10 Subject areas

17 Applying to the PhD Programme

19 Programme management

20 Faculty 2011/12

www.london.edu/phd/ 3

The Programme’s mission is to educate excellent scholars who will be sought after as faculty in leading business schools, universities and research institutions.

Research oriented business schools offer some of the most exciting and well-resourced environments in which to do interdisciplinary social science today. At London Business School, a commitment to training the next generation of business scholars is central to our research activities. Our PhD programme leverages the School’s acclaimed research faculty, and provides generous funding and infrastructural support.

Our PhD students work closely with faculty on cutting-edge research that spans a broad range of disciplines and topics. Through rigorous coursework, supervised and joint research work, we bring our students rapidly to the frontiers of knowledge in their chosen subject area. Most graduates of our programme have gone on to take up intellectually and financially rewarding careers with major business schools and research institutes around the world. They are making their mark through scholarship that influences the thoughts and actions of academics, business leaders and policy makers.

My colleagues and I look forward to welcoming the best minds to the next generation of business scholarship at London Business School.

Phanish PuranamLondon Business School Chaired Professor of Strategy and Entrepreneurship;PhD Programme Chair;Co-Director, Aditya Birla India Centre

4 www.london.edu/phd/

The School has three main areas of activity: postgraduate degree programmes (Masters and PhD), Executive Education programmes and innovative, high impact research. It is, however, the students, faculty and staff involved in these activities who give the School its character and vibrancy. Of the over 1,300 degree students studying at the School each year, about 90% are drawn from outside the UK, from over 130 different countries. Similarly, some 84% of the School’s faculty are non-UK citizens.

The School is located in the heart of London, with offices and lecture theatres spread between a magnificent 19th century Nash terrace building overlooking Regent’s Park, and a neighbouring, state-of-the-art building. The latter houses the School’s library – the best-resourced business library in London – and the Fitness Centre, including a 25 metre swimming pool.

Why London Business School

London Business School research is internationally recognised. The School excelled in the 2008 Research Assessment Exercise (RAE).

Our faculty are the driving force behind the School’s success. Their innovative ideas and leading-edge research constitute our intellectual capital. Working at the interface between theory and practice, these renowned academics share their ideas with ambitious students

Our faculty and students come from all over the world. Our perspective is truly international, offering the opportunities and challenges of exploring the questions posed by the modern, global business world

Our PhD Programme provides a rigorous academic training within an international and research-focused environment. There is broad flexibility in the choice of research areas and methods

The School has a unique location in the heart of the financial capital of Europe with all that a vibrant cultural centre has to offer

The School provides full financial support, including a stipend and a tuition fee waiver to all students admitted to the PhD Programme.

Our faculty and students come from all over the world. Cultural diversity is not just an aspiration but a reality, and our perspective is truly international.

About London Business SchoolWe have been ranked the best business school in the world

Current PhD students by nationality

Rest Of The World 8%

European Union38%

Asia 38%

The Americas 10%

Russian Federation 6%


Ours is one of the largest business and management PhD Programmes in Europe, attracting high-quality, international participants.

Our PhD students receive a thorough and sophisticated training in the latest methods of enquiry, equipping them for productive academic careers. Their training consists of two parts: coursework to give students a grasp of research skills and the existing body of research knowledge in their field; and a closely supervised thesis. The thesis allows students to conduct a substantial piece of original research.

Students work within the following seven subject areas:

Accounting

Economics

Finance

Management Science and Operations

Marketing

Organisational Behaviour

Strategy and Entrepreneurship

Typically, a student completes the PhD Programme within four to five years. In the first two years, students complete core and elective courses in their chosen subject and related areas. They then go on to present a thesis proposal with a view to transferring from MPhil to PhD status.

After this, students have 18 months to complete a thesis – an original contribution to their chosen specialisation. On the successful completion of their thesis, they are awarded a London Business School PhD degree.

The Programme only runs on a full-time basis and students are expected to live in London throughout.

The PhD Programme is London Business School’s investment in the future of management teaching and research

PhD Programme overview

“Give a man a fish and you have fed him for a day; teach him how to fish and you have fed him for his lifetime.’ It is an ancient proverb emphasising the importance of being an independent person. I believe the same applies to research. Doing a PhD means that you become an independent researcher who does not just passively absorb knowledge, but who creates new knowledge based on what is already known.

I find that the PhD Programme at London Business School helps students with this endeavour by providing both the skills and knowledge necessary to become successful researchers. The rigorous training, combined with close interaction with faculty and friendly, supportive cohorts, will surely make my journey to become a successful scholar both effective and highly enjoyable.”Chung Won Tae PhD2007, Strategy and EntrepreneurshipMA (Seoul National University) BBA (Ritsumeikan)

Profile of recent PhD intakes (2007 to 2011)

Women 31 43%

Men 41 57%

Average class intake 15

Age range* 23–40

*Our admissions decisions are taken in accordance with best equal opportunities practice


During the first two years, students are normally required to take at least 12 courses. Additional courses may be taken as electives. As well as PhD courses, students can sometimes choose MBA elective courses (depending on availability) and some courses at other colleges within the University of London. In some cases, a student’s prior experience earns them exemption from particular courses.

Most subject areas require students to satisfactorily complete a specialist field exam and a first and/or second year research paper. As part of their training, each PhD student aids faculty with 40 days worth of assistance on research papers, case writing, tutoring and grading.

Programme core courses

All students

Foundations of Business Research

Accounting, Economics and Finance

Econometrics

Microeconomics II

Organisational Behaviour and Strategy and Entrepreneurship

Basic Readings in Business

Statistical Research Methods

Microeconomics I

Research Design

Management Science and Operations and Marketing

Statistical Research Methods or Econometrics

Microeconomics I or II

Basic Readings in Business

Research Design

Specialised courses

Students select from the following courses* based on their chosen specialisation:

PhD Seminars in Accounting I and II Decision Theory

Time Series Analysis

Advanced Stochastic Modeling

Revenue Management

Financial Economics I – Asset Pricing Theory

Financial Economics II – Empirical Finance

Financial Economics III – Corporate Finance

Continuous Time Finance

Marketing Models

Marketing Management and Strategy

Consumer Behaviour

Judgment and Decision Making

Micro Organisational Behaviour

Macro Organisational Behaviour

Readings in Social Psychology

Topics in Econometrics

Advanced Macroeconomics

Strategy Process

Strategy Content

Advanced Methods in Strategy

* Course offerings vary from year to year.

The academic year begins in early October, and is divided into three, ten-week terms.

PhD Programme overviewAcademic years 1 and 2


During their third year, students transfer from MPhil to PhD status after successfully presenting and defending their thesis proposal orally to a committee. The committee examines the theory and methodology underlying the research, the areas of application and relevance of the work, and its significance to research in business and management.

Thesis

A PhD thesis should provide a distinct contribution to the knowledge of the subject and should supply evidence of originality, shown either by the discovery of new facts or by the exercise of independent critical power. In the field of business studies, these requirements demand either original theoretical work or empirical work with primary or secondary data. A worthwhile thesis will offer interesting new insights, but it is expected to go further by underpinning them with scholarship. This ensures that the insights will stand up to the critical scrutiny of experts in the area.

Subject area seminars

Subject areas run seminars where faculty, research students and visitors present their research. The School attracts internationally renowned speakers and the seminars promote active and lively discussions on contemporary research issues. Students are expected to attend their subject area’s research seminars.

Trans-Atlantic Doctoral Conference

The School’s annual Trans-Atlantic Doctoral Conference invites students from top US and European business schools to present their research. This popular conference, organised since 2001 by the School’s PhD students, attracts about 120 students each year from schools such as Berkeley, Chicago, Columbia, Duke, INSEAD, MIT, Stanford, Wharton, Harvard, Yale, and NYU.

Conferences

Students are encouraged to present papers at conferences for which financial assistance from the Programme is available.

Visiting students

PhD students from other institutions may spend up to one year as a visiting student at London Business School. However, these students are only considered when they have been recommended by a London Business School faculty member.

Accepted visiting students pay tuition fees on a prorated basis. Unfortunately, financial aid or office space are not available from the Programme.

Courses at other University of London colleges

Students can take courses at other University of London colleges, such as University College London (UCL) and London School of Economics and Political Science (LSE), depending on local college rules, cost and availability.

In the third year, students present their thesis proposal. Successful candidates are transferred to PhD status and are expected to defend their thesis and complete their PhD within 18 months.

PhD Programme overviewAcademic years 3 and 4


Licensed to Feel: The Interplay of Affect and Cognition in Consumer Response to Price Promotions,Aylin Aydinli, PhD2008, Marketing,EMAC Doctoral Colloquium, Ljubljana, 2011

Human Resource Slack and Firm Performance,Ramon Lecuona Torras, PhD2008, Strategy and Entrepreneurship,Strategic Management Society International Conference, Rio de Janeiro 2011

Differention, Coordination and Integration under Knowledge Interdependence,Marlo Goetting, PhD2007, Strategy and Entrepreneurship,Strategic Management Society Meeting, Miami, 2011

Falling from Great (and not so great) Heights,Jennifer Carson, PhD2007, Organisational Behaviour,Academy of Management, San Antonio, 2011

Causes and Consequences of Perceptions of Intragroup Conflict Asymmetry,Amanda Ferguson, PhD2007, Organisational Behaviour,INGRoup Conference, Minneapolis, 2011

The Effects of Person-Job Misfit on Organizational Structure,Amanda Ferguson, PhD2007, Organisational Behaviour,Academy of Management, San Antonio, 2011

Relationship Banking and Accounting and Governance Risk,Yun Lou, PhD2007, Accounting,European Accounting Association Conference, Rome, 2011

The Role of Reputable Auditors and Underwriters in the Design of Bond Contracts,Yun Lou, PhD2007, Accounting,Canadian Academic Accounting Association Conference, Toronto, 2011

Launching Successful E-Markets: A Broker-Level Diffusion Analysis of Two Options Exchanges,Chris Parker, PhD2007, Management Science and Operations,INFORMS Conference, Austin, 2010

Labor and Capital: Is Debt a Bargaining Tool?,Eleni Simintzi, PhD2007, Finance,European Finance Association Conference, Frankfurt, 2010

Auditor Specialization and the Cost of Debt,Yun Lou, PhD2007, Accounting,American Accounting Association Conference, San Diego, 2010

Predicting Inferences about Business Schools: Recognition Heuristic vs. Its New Rival Mean-Variance Model,Yvetta Simonyan, PhD2006, Marketing,Behavioural Decision Research in Marketing Conference, Pittsburgh, 2010

Recent conference presentations by London Business School’s PhD students

PhD Programme overviewConference presentations

“I believe the best thing about the PhD Programme at London Business School is the close interaction with world-class faculty on a day to day basis. Nothing beats discussing face to face with the experts in your field.”Clemens Otto PhD2007, FinanceDiplom Kaufmann (Cologne), CEMS Masters in International Management (HEC Paris / Cologne)


2011Ramin BaghaiFinance, Stockholm School of Economics

Marko CohStrategy and Entrepreneurship, London School of Economics

Theodosios DimopoulosFinance, HEC Lausanne

Marc GabarroFinance, Erasmus University

Oleg ShibanovFinance, Warwick University

Onal VuralStrategy and Entrepreneurship, Instituto de Empresa (IE) University

2010Eva AscarzaMarketing, Columbia University

Ramya RanganathanOrganisational Behaviour, IIM Bangalore

Jungsuk HanFinance, Stockholm School of Economics

Oguzhan KarakasFinance, Carroll School of Management, Boston College

Mihaela StanStrategic and International Management, University College London

Xi LiAccounting, Fox School of Business, Temple University

Li ZhangAccounting, Rutgers Business School

Ming GaoEconomics, Tsinghua University

2009Georgy ChabakauriFinance, London School of Economics

Yael Grushka-CockayneManagement Science and Operations, Darden School of Business

Stefano SacchettoEconomics, Carnegie Mellon University

Bart VannesteStrategic and International Management, INSEAD

2008Heidi GardnerOrganisational Behaviour, Harvard Business School

Kai-Yu HsiehStrategic and International Management, National University of Singapore

Felipe MonteiroStrategic and International Management, Wharton School, University of Pennsylvania

Jason SturgessFinance, McDonough School of Business, Georgetown University

2007Pedro SaffiFinance, IESE, University of Navarra

Astrid SchornickFinance, INSEAD

Pascale CramaManagement Science and Operations, Singapore Management University

Susan LynchStrategic and International Management, INSEAD

Dmitry MakarovFinance, New Economics School, Russia

Placement highlights


The objective of the PhD Programme in Accounting is to train students to conduct original academic research dealing with the design and use of accounting information. Studies in this area link substantive accounting issues with theory and methods from Economics and Finance. During the first year, students acquire an understanding of general accounting principles and can then focus on more specific issues within their area of specialisation.

Subject areas

PhD Programme in Accounting

Students begin active research at an early stage and work closely with faculty throughout the programme. Accounting doctoral courses and the group’s weekly seminar series give students the opportunity to tap into recent faculty research and expertise on a wide range of topics, including the role of financial information in capital markets; the effect of corporate disclosure policies on securities markets; corporate governance; private equity; mergers and acquisitions; accounting regulation; valuation of intangible assets; performance measurement; and executive compensation.

Recent theses

Causes and Consequences of Corporate Financial Reporting (Li)

On the Value-Relevance of Financial and Non-Financial Information: The Case of Internally Generated Intangibles (Vidolovska)

The Interaction between Mandatory Reporting and Voluntary Disclosure and their Relevance to Equity Market and Credit Market (Zhang)

Faculty PhD Coordinator

Irem TunaAssociate Professor of AccountingBSc (METU) MAS (Illinois) PhD (Michigan)

“The PhD Programme provides us with a rigorous and creative training experience in the field of Accounting. This is done in an environment of active interaction with other closely linked subject areas. The Accounting faculty ensures great opportunities for exchanging research ideas with top class researchers from around the world which, in turn, stimulates our research and increases our visibility in the academic circle.”Yun LouPhD2007, AccountingMA (Reading) MA (Universitat Autonoma de Barcelona and University Paris 1-Pantheon-Sorbonne) BA (Zhejiang)


The Economics programme is designed around two key features making ours a near unique offering – a small number of focused courses provided in areas in which the subject area specialises and a small cadre of students who form a close working relationship both amongst themselves but also most importantly with the Economics faculty.

Subject areas

PhD Programme in Economics

A crucial feature of our programme is the very high faculty-student ratio. This inevitably results in a close relationship between the student and their supervisor and this is encouraged through our selection process by choosing students who express a mature interest in working in an area in which faculty specialise. Such a student can then be expected to work closely with their supervisor, gain access to leading international conferences and be closely monitored and assisted through the all important job market experience.

In their first two years students take six internal economics courses – covering micro, macro and econometrics. The aim of these courses is to equip students with advanced technical skills with which to pursue their studies and to give them access to the current frontiers of research. These courses are taught by our own Faculty and also by visitors. Past visitors have included Acemoglu (MIT), Canova (UPF), Gourinchas (UC Berkeley), Marcet (LSE), Rigobon (MIT) and Sargent (NYU). There is also the option to take courses from other subject areas at London Business School, as well as courses offered at LSE and UCL. While pursuing their coursework students are encouraged to begin their research in their chosen area.

The Economics subject area has an outstanding international reputation in key areas of research such as game theory and decision theory, industrial economics, political economy, international macroeconomics and finance, business cycles (both theory and econometrics) as well as fiscal and monetary policy. The Economics faculty is very well published in leading international journals as well as experienced in offering practical advice to a range of governments and institutions. Several faculty members are editors or associate editors of leading international journals.

Recent theses

Economic Behaviour and Decision Making (Gao)

Essays on International Macroeconomics and Corporate Finance (Huang)

Structural Estimation of Takeover Contests (Sacchetto)


Hélène ReyProfessor of EconomicsBS (Ecole Nationale de la Statistique et de L’Administration Economique)MS (Stanford) PhD (LSE) PhD (Ecole des Hautes Etudes en Science Sociales)

“Doing a PhD may prove to be the most challenging ‘project’ of your life. At London Business School you will be provided with everything you need to succeed and exceed your limits: A stimulating learning environment, unique access to courses and resources, and most importantly, extraordinary support and leadership from faculty.

The PhD at London Business School is different from other programmes in the way students can work and discuss closely with professors, and grow to become top researchers in economics. On campus everything you can dream of is provided so that you can focus on your studies and excel in your field with the support and leadership of faculty.”Fabian LipinskyPhD2008, EconomicsMSc (ESCP-EAP Oxford, Madrid, Paris)BA (Technische Universität Berlin)


The Finance Department is the School’s largest group, with 23 full-time faculty members undertaking both theoretical and empirical research, in all of the following areas: asset pricing (equity, fixed income and derivatives); behavioural finance; corporate finance and corporate governance; investment; and market microstructure.

Subject areas

PhD Programme in Finance

Students are encouraged to think in a creative way, with an emphasis on formal rigour and techniques. The first year provides students with an understanding of the theory and the tools needed to conduct theoretical and applied research. The core courses include Asset Pricing, Corporate Finance, Empirical Finance, Continuous-Time Finance, Microeconomics, and Econometrics. Students are required to write a second year research paper.

Recent theses

Essays in Corporate Finance (Baghai)

Executive Labor Market (Gabarro)

Essays in Asset Pricing and Portfolio Choice (Shibanov)


Vikrant VigAssociate Professor of FinanceMSc MBA (Illinois) PhD (Columbia)

“I came to London Business School to learn from the best people in the field of finance. A PhD Programme is a great challenge and at the most difficult times I always remember the words of my former supervisor: ‘aim high and follow your dreams, this is the key to happiness ’.”Irina ZviadadzePhD2008, FinanceMA (European University at St Petersburg)MS (St Petersburg State University)


The Management Science and Operations (MSO) concentration is designed to train scholars in the analysis of important business problems through quantitative modelling in a variety of areas including operations, finance, marketing, and innovation.

Subject areas

PhD Programme in Management Science and Operations

The first programme component is an extensive and rigorous curriculum of graduate-level courses providing strong methodological foundations in optimisation, stochastic modelling, statistics, econometrics, microeconomics and game theory. In addition, students participate in research seminars, reading groups, international workshops and conferences, and have the opportunity to engage closely with practice when developing their research.

The second programme component is a close mentoring relationship with one or several members of the MSO faculty, a prestigious group of leading academics combining scholarly and practical impact. This relationship involves intense collaborative research work culminating in the writing and defence by students of a doctoral dissertation. Reflecting the widely recognized expertise of the faculty, examples of possible research areas include: pricing and revenue management, supply chain management, health care delivery, information technologies, humanitarian logistics, electricity and energy economics, portfolio management, finance, retail operations, stochastic modelling, optimisation, system dynamics, service operations, decision analysis, simulation, project management, innovation and new product development. London Business School’s faculty expertise, location, and international alumni base offers opportunities for PhD students to delve into challenging problems from across the globe, combining deep academic rigor and practical relevance.

Students admitted to this program have a strong analytical background, often holding Bachelors or Masters degrees in mathematics, physics, engineering, computer science, or economics, and have demonstrated clear potential for a successful academic career.

Recent theses

Introduction of Technological Innovations: Valuation, Selection and Timing (Grushka-Cockayne)

Revenue Management in Online Advertising (Najafi-Asadolahi)

Service Combinative Capabilities and Service Operations Strategy: Formulation, Process and Antecedents (Wang)

Faculty PhD Coordinators

Nitin BakshiAssistant Professor of Management Science and OperationsBTech (IIT) MS (Stanford) PhD (Wharton)

Jeremie GallienAssociate Professor of Management Science and OperationsEngD (Ecole des Mines de Paris) PhD (MIT)

“Doing a PhD is all about learning the ropes properly as, later on, you are going to be only as good as the quality of training you receive during your doctoral years. Here at London Business School, the best known academics are in abundance – so you can learn directly from the masters! Combine that with a programme office dedicated to supporting doctoral students, strong corporate ties that come in handy when your research needs real-life data, and the truly international nature of the programme. London Business School is hard to beat!”Amit KakkadPhD2005, Management Science and OperationsBSc (DD Institute of Technology, India) MBA (Rollins College, USA)

14 www.london.edu/mba/

The Marketing PhD Programme is designed to train scholars who will conduct research to advance the frontiers of the discipline of marketing, teach marketing at premier universities around the world, and prepare the next generation of marketing doctoral students. Students in the Marketing PhD Programme have direct access to and work closely with London Business School’s world-renowned marketing faculty.

Subject areas

PhD Programme in Marketing

Marketing is an exciting discipline that offers a wide range of areas in which to conduct research and teach. Research topics in Marketing cover the gamut from explaining consumer behaviour to the development of mathematical models to understand and predict firm behaviour and improve marketing practice. Researchers apply a variety of approaches, from experimental tests of psychological theories to econometric models of firm behaviour. The job market for PhDs in marketing is quite attractive, and the ratio of job openings to job candidates is several times higher than that in most academic areas, including economics, psychology, and engineering.

Given London Business School’s location and reputation, PhD students at the school have unique access to insights and data from top businesses. Through their research, they have the opportunity to influence the actions and thinking of researchers, managers, consumers, and policy makers around the world.

Recent theses

Modelling Customer Behaviour in Contractual Settings (Ascarza)

Retail Product Availability: Empirical and Theoretical Issues (Bruno)

Measurement of Competitive Issues in Product Entry Decisions (Gonzalez)


Rajesh ChandyProfessor of Marketing MBA (Oklahoma) PhD (USC)

“Students are encouraged to engage in research early in the Programme: my first year supervisor gave me an opportunity to assist in his project starting from my second semester. Not only did I have a chance to learn how things are done and to have

‘hands-on’ experience, but I was also encouraged to provide my input for the development of the study. The fact that faculty persuade you to submit for publication, even your early works, greatly fosters self-confidence in your ability to produce high-quality research. What I value the most is that they make me feel that they believe in my success!”Yvetta SimonyanPhD2006, MarketingMBA (Indiana University of Pennsylvania) MS (Yerevan State Medical Institute)

www.london.edu/mba/ 15

The mission of the Organisational Behaviour subject area is to be the most creative, top quality OB group in the world, through its distinctive high profile research agenda, teaching portfolio, and executive education involvement.

Subject areas

PhD Programme in Organisational Behaviour

Current work engages issues such as leadership, top management teams, ethics, cross-cultural dynamics, family firms, HR / careers, negotiations, decision making, and organisational design, considering how these relate to business performance and entrepreneurship. Our work is both theory-driven and close to practice, taking advantage of our position in the heart of London as a leading global centre for business. Faculty in the Organisational Behaviour group are focused on both Micro Organisational Behaviour – the study of individual and group behaviour in an organisational context, and Macro Organisational Behaviour – the study of how institutional and social forces affect organisations and the people in them. We draw heavily on theory from psychology and sociology, and often publish in discipline-based, as well as management journals.

We expect PhD students to take four years to complete the degree, during which they will learn to conduct original empirical research, tutor and teach, and internalise the professional values and traditions of the field.

Recent theses

Expertise Utilization in Project Teams: A Status-Based Account of Process and Performance (Gardner)

Meeting the Competing Goals of CSR: Exploring the Potential of Value Diversity in Teams (Ranganathan)

Creativity in Groups: the Cognitive, Affective and Social Consequences of Shared Representations on Group Creativity (Ronson)


Gillian KuAssociate Professor of Organisational BehaviourAB (Harvard) MS PhD (Northwestern)

“Studying at London Business School gives me the opportunity to meet top scholars from around the world. The faculty and students in the OB department come from highly diverse backgrounds and have a variety of research interests, and department research seminars attract leading scholars from other universities to share their knowledge. OB faculty are excited to work with PhD students and involve us early in research projects with them. They encourage us to develop our own research ideas and eagerly help us to bring those ideas to fruition.”Amanda FergusonPhD2007, Organisational BehaviourMBA BS (Missouri State University)


Research in this area focuses on understanding how organisations create and sustain superior competitive performance, as well as on the processes by which economic value is created and distributed in markets.

Subject areas

PhD Programme in Strategy and Entrepreneurship

This interdisciplinary field draws on concepts and theories from economics, sociology and psychology, and addresses a wide variety of topics that have direct or indirect implications for organisational effectiveness.

We emphasise real world relevance as a core value. Our students should be committed to conducting rigorous research, but also to addressing questions that have significant implications for firms and markets. Students can specialise in e.g. the following areas:

Competitive strategy

Corporate strategy

Strategy and organisation

Technological change and innovation

Entrepreneurship

International management

Emergence and evolution of markets

Structure of market competition

In the first two years, students develop the theoretical knowledge and methodological skills needed to become successful researchers. Compulsory courses include Microeconomics, Basic Readings in Business, Research Design, Strategy Content and Strategy Process. Further requirements depend on the area of specialisation. Student progress is assessed through their coursework, by field examinations at the end of the first and second year, and a compulsory second year research paper and presentation to the department.

Recent theses

Relational Structure of Competition in the Executive Labor Market (Coh)

The Context of Organizational Learning (Stan)

Coordination and Collaboration Within and Across Organizations: The Role of Experience and Knowledge on Innovation (Vural)


Brandon LeeAssistant Professor of Strategy and EntrepreneurshipMS PhD (Cornell)


Applying to the PhD Programme

Funding

All students offered a place on the Programme receive a scholarship covering tuition fees and a stipend for four years, subject to satisfactory academic performance. However, students are expected to apply for alternative support for which they are eligible (e.g. ESRC funding).

Living costs and accommodation

There is no residential accommodation at the School, but students can apply for accommodation in some of the University of London Halls of Residence. A number of these also have accommodation for couples and families.

www.halls.london.ac.ukThe University of London Housing Services also provides information on privately rented accommodation. Their informative website is a useful starting point.

www.housing.london.ac.ukLiving costs in London vary considerably according to individual circumstances and lifestyle. If you are accepted on the Programme, you will be provided with further information regarding accommodation options that students in the past have opted for.

How to apply

Applications and all accompanying documents should be submitted by 8 January for entry into the Programme in September / October of the same year.

Applicants are expected to hold an undergraduate degree in a relevant discipline, with a final grade which places them in the top 10% of their graduating class. Admission to the programme is very competitive. Although it is not a requirement, most incoming students also hold a Masters degree.

All applicants must submit a GMAT or GRE score that is no more than five years old. The minimum required score for this varies

according to each subject area, although applicants are unlikely to be short-listed for an interview if their score is less than 650 in the GMAT. For the GRE, which we view as an acceptable alternative to the GMAT, we expect quantitative and analytical scores above the 90th percentile. Some subject areas state which test they would prefer applicants to take(see below).


Applying to the PhD Programme

Unless you are a native English speaker or have a degree from a university in an English-speaking country (where the language of instruction was English), you must submit evidence of proficiency in English. You should have scored at least 600 (paper-based), 250 (computer-based) or 100 (Internet-based) on the TOEFL to be considered. Other recognised English language tests (IELTS, Cambridge) are also accepted. A valid test report (less than two years old) must be submitted to the Programme Office.

Short-listed applicants will be invited to an interview in February or March to meet faculty and to see the School’s facilities. It is sometimes possible for candidates who are unable to travel to London to be interviewed by telephone.

Regrettably, due to the large number of applications received each year,it is not normally possible to arrange meetings with members of faculty prior to an interview.

Applicants should submit

Completed application form with essays (online)

Two academic references (online)

Original GMAT or GRE score report

Transcript or certified copy of university grades from all past degrees (online or by post)

Valid, original TOEFL, IELTS or Cambridge score report (if required)

An application will not be considered until all of the above items have been received. All items should arrive at the PhD Programme Office by 8 January.

GMAT and GRE

GMAT and GRE are administered by independent agencies. Thetests measure verbal, quantitative and analytical skills and provide an indication of the ability for clear and systematic thought.

GMAT

Web: www.gmac.com/gmac/thegmat/GRE

Web: www.gre.org

For more information

WebsiteRegularly updated information about the School and the Programme can be found on the PhD Programme’s website

www.london.edu/phd

This brochure can also be downloaded from the site.

PhD Programme Office

If you would like any further information, please contact:

PhD Programme OfficeLondon Business SchoolRegent’s ParkLondon NW1 4SA UKTel +44 (0)20 7000 8989Fax +44 (0)20 7000 8951Email [email protected]

This brochure is available on our website, www.london.edu. If you require a copy of this brochure in large print or Braille, please call +44 (0)20 7000 8989 or email [email protected]

Applying online

We strongly prefer online applications. Please visit the admissions pages on our website

www.london.edu/phd


The PhD Committee comprises representatives from each of the seven subject areas, and members of the administrative team. The Committee is chaired by the PhD Programme Chair, Phanish Puranam.

Programme management

PhD Programme OfficeJudith FryDirector, PhD Programme, and Deputy Director, Research and Faculty OfficeJudith has overall responsibility for the development and management of the PhD Programme, as well as Research and Faculty Office administration duties.

Jenny Kovalaine-KwanSenior Programme ManagerJenny is responsible for the day-to-day administration of the PhD Programme, including course timetabling, co-ordinating the application, interview and offer process, thesis examination matters and production of publicity materials.

Vaishali JagjivanAdministratorVaishali acts as the first point of contact for internal and external enquiries. She is responsible for the dissemination of promotional information about the PhD Programme and the initial processing of applications. She also maintains student and applicant information on the School’s database and assists with the organisation of various PhD events.

Judith FryDirector, PhD Programme

Vaishali JagjivanAdministrator, PhD Programme

Jenny Kovalaine-KwanSenior Programme Manager, PhD Programme


Faculty 2011/12AccountingEli Amir BA (Tel Aviv) MSc PhD (University of California, Berkeley) CPAProfessor of AccountingMaria CorreiaLic (Universidade do Porto) Masters (Universidade Nova de Lisboa) PhD (Stanford)Assistant Professor of AccountingFrancesca Franco BS (Bocconi) PhD (Padova) Assistant Professor of AccountingNingzhong LiBA (Peking) MA (SUNY) PhD (Chicago)Assistant Professor of AccountingSir Andrew Likierman MA (Oxford) FCMA FCCAProfessor of Management Practice Scott RichardsonBEc (Sydney) PhD (Michigan)Professor of AccountingLakshmanan Shivakumar BCom (Madras) MBA PhD (Vanderbilt) Grad CWA (India)Professor of Accounting Eli Talmor BSc (Technion) PhD (North Carolina at Chapel Hill) Professor of AccountingAne Tamayo BSc (Basque Country) MSc (Heriot-Watt) MPhil (City, London) MS PhD (Rochester) Assistant Professor of Accounting Irem Tuna BSc (Middle East Technical University) MAS (Illinois) PhD (Michigan) Associate Professor of AccountingOktay Urcan BA (Bogazici) PhD (Texas) Assistant Professor of AccountingFlorin Vasvari MA (University of Toronto) PhD (Rotman School of Management, Toronto) Assistant Professor of Accounting

EconomicsJean-Pierre Benoit BA (Yale) PhD (Stanford) Professor of EconomicsFrederic MalherbePhD (ECARES, Universite Libre de Bruxelles)Assistant Professor of EconomicsLeonardo MelosiBA (LUISS Guido Carli) MA PhD (Pennsylvania) Assistant Professor of EconomicsJoao Montez MSc (Lausanne) MSc (Toulouse) PhD (Lausanne) Assistant Professor of Economics David P MyattBScEcon (LSE) DPhil (Oxford)Professor of Economics

Emre Ozdenoren BA (Middle East Technical University) MA (Bilkent) MA (State University of New York) PhD (Northwestern) Associate Professor of EconomicsRichard Portes BA (Yale) MA DPhil (Oxford) CBE FBAProfessor of EconomicsLucrezia Reichlin Laurea (Modena) PhD (New York) Professor of EconomicsHélène Rey MS (Stanford) PhD (London) Professor of EconomicsAndrew Scott MSc (London) DPhil (Oxford) Professor of Economics Paolo SuricoBA (Bari) Masters (Universitat Pompeu Fabra) PhD (Bocconi)Associate Professor of Economics

FinanceSuleyman Basak BSc (London) MS PhD (Carnegie Mellon) Professor of FinanceJoao Cocco BA (Universidade Catolica Portuguesa, Lisbon) MA PhD (Harvard) Associate Professor of Finance Ian Cooper MA (Cambridge) MBA PhD (North Carolina) Professor of FinanceFrancesca Cornelli BA (Bocconi) PhD (Harvard) Professor of FinanceJames Dow MA (Cambridge) PhD (Princeton) Professor of FinancePeter FeldhutterBA PhD (Copenhagen)Assistant Professor of FinanceJulian Franks BA (Sheffield) MBA (Columbia) PhD (London) Professor of FinanceVito D Gala BA (Bocconi) MBA PhD (Chicago) Assistant Professor of FinanceJoao GomesBA (Universidade Nova de Lisboa) MA PhD (Rochester)Professor of Finance Alexander GorbenkoMS (MIPT) MA (NES) PhD (Stanford)Assistant Professor of FinanceChristopher Hennessy BA (Swarthmore College) MBA PhD (Princeton) Professor of FinanceChristian Heyerdahl-LarsenMSc (Cass) PhD (Norwegian School of Management)Assistant Professor of Finance

Brandon Julio BA (Brigham) MS (South Carolina) PhD (Illinois) Assistant Professor of FinanceSamuli Knupfer BSc MSc PhD (Helsinki School of Economics)Assistant Professor of Finance Igor MakarovMS (Moscow State) MA (NES) PhD (MIT)Assistant Professor of Finance Narayan Naik BTech (IIT, Bombay) MBA (IIM, Ahmedabad) PhD (Duke) Professor of Finance Anna Pavlova MSc (Moscow State University) MA (New Economic School, Moscow) PhD (Pennsylvania) Associate Professor of FinanceStephen Schaefer MA (Cambridge) PhD (London) Professor of FinanceHenri Servaes BSc BBA (European University) MSIA PhD (Purdue) Professor of FinanceRaman Uppal BA (Delhi) MA MBA PhD (Wharton) Professor of FinanceVikrant Vig BS (Delhi) MS MBA MiF (Illinois) PhD (Columbia) Associate Professor of FinancePaolo Volpin BA (Bocconi) MA PhD (Harvard) Associate Professor of Finance

Management Science and OperationsNitin Bakshi BTech (Indian Institute of Technology) MS (Stanford) PhD (Pennsylvania) Assistant Professor of Management Science and Operations Derek Bunn MA (Cambridge) MSc PhD (London) Professor of Decision SciencesZeger Degraeve BSc (Ghent) MBA (Katholieke Universiteit Leuven) PhD (Chicago) Professor of Decision SciencesVictor DeMiguel MSc (Madrid) MS PhD (Stanford) Associate Professor of Decision Sciences, Management Science and Operations Kristin Fridgeirsdottir MS PhD (Stanford) Assistant Professor of Management Science and OperationsJeremie GallienEngD (Ecole des Mines de Paris) PhD (MIT)Associate Professor of Management Science and Operations


Vasiliki KostamiBSc (Athens) MSc (AUEB) PhD (USC)Assistant Professor of Management Science and Operations Kamalini Ramdas BS (Delhi) MS (Delaware) PhD (Pennsylvania) Professor of Management Science and OperationsNicos Savva BA MPhil PhD (Cambridge) Assistant Professor of Management Science and Operations Bruce Weber AB (Harvard) MA PhD (Wharton) Professor of Information Management Song YangMBA PhD (Chicago)Assistant Professor of Management Science and Operations

MarketingMarco Bertini BA BCom (Melbourne) MBA (IESE Business School, Navarra) DBA (Harvard) Assistant Professor of MarketingSimona Botti BBA (Bocconi) MBA PhD (Chicago) Assistant Professor of MarketingRajesh Chandy MBA (Oklahoma) PhD (Southern California) Professor of MarketingDavid Faro MSc (London) PhD (Chicago) Assistant Professor of MarketingBruce Hardie BCom MCom (Auckland) MA PhD (Pennsylvania) Professor of Marketing Oded KoenigsbergBSc (Technion) MEng (Cornell) PhD (Duke)Associate Professor of MarketingNirmalya Kumar BCom (Calcutta University) MCom (Shivaji University) MBA (Illinois) PhD (Northwestern) Professor of Marketing Anja Lambrecht Diplom-Kauffrau MS (Goethe University and Université Paris-Dauphine) PhD (Goethe University) Assistant Professor of MarketingKanishka MisraBA (Cambridge) PhD (Northwestern)Assistant Professor of MarketingJohn Mullins BA (Lehigh) MBA (Stanford) PhD (Minnesota) Associate Professor of Management Practice in Marketing and Entrepreneurship John Roberts BA MComm (Melbourne) MSc PhD (MIT) Professor of MarketingNader Tavassoli BA MBA (Syracuse) MPhil PhD (Columbia) Professor of MarketingNaufel Vilcassim BSc (Sri Lanka) MBA (Texas) PhD (Cornell) Professor of Marketing

Organisational BehaviourGabrielle AdamsBA (Colby College) PhD (Stanford)Assistant Professor of Organisational BehaviourDan CableBA (Penn State) MS PhD (Cornell)Professor of Organisational BehaviourRob Goffee BA PhD (Kent) Professor of Organisational BehaviourLynda Gratton BA PhD (Liverpool) Professor of Management Practice in Organisational BehaviourEna Inesi BSE (Duke) PhD (Stanford) Assistant Professor of Organisational BehaviourGillian Ku AB (Harvard) MS PhD (Northwestern) Associate Professor of Organisational BehaviourHenry Moon BS (Maryland) MA (Olkahoma) PhD (Michigan State University) Associate Professor of Organisational BehaviourCelia Moore BA (McGill) MPA (Columbia) PhD (Toronto)Assistant Professor of Organisational BehaviourNigel Nicholson BA (Cardiff) PhD (Wales) Professor of Organisational BehaviourMargaret Ormiston BA (California) MS (University of California, Berkeley) PhD (HAAS) Assistant Professor of Organisational Behaviour Randall Peterson BS MA (Minnesota) PhD (University of California, Berkeley) Professor of Organisational BehaviourMadan Pillutla BE (BITS, Pilani) PGDM XLRI (Jamshedpur) PhD (British Columbia) Professor of Organisational Behaviour Niro Sivanathan BA MSc (Queen’s) PhD (Northwestern)Associate Professor of Organisational Behaviour Stefan Thau MSc (Mannheim) PhD (Groningen) Associate Professor of Organisational BehaviourXi ZouBBA (Lingnan) MPhil (CUHK) MPhil (Columbia) PhD (Columbia)Assistant Professor of Organisational Behaviour

Strategy and EntrepreneurshipJulian Birkinshaw BSc (Durham) MBA PhD (Western Ontario) Professor of Strategy and EntrepreneurshipKevin Boudreau BASc (Waterloo) MA (Toronto) PhD (MIT) Assistant Professor of Strategy and Entrepreneurship

Donal CrillyBA (Dublin City) MBA (Hitotsubashi) PhD (INSEAD)Assistant Professor of Strategy and EntrepreneurshipGary DushnitskyBA MSc (Tel Aviv) PhD (New York)Associate Professor of Strategy and EntrepreneurshipIsabel Fernandez-Mateo BA (Carlos III, Madrid), MSc (UPF, Barcelona), PhD (MIT) Associate Professor of Strategy and EntrepreneurshipMichael Hay BA DPhil (York) Sloan Fellow (London Business School) Professor of Management Practice in Strategy and EntrepreneurshipBen HallenBSEE MCS (Virginia) PhD (Stanford)Assistant Professor of Strategy and EntrepreneurshipIoannis IoannouBA (Yale) MA PhD (Harvard)Assistant Professor of Strategy and EntrepreneurshipMichael Jacobides BSc (Athens) MA PhD (Wharton) Associate Professor of Strategy and EntrepreneurshipBrandon Lee MS PhD (Cornell) Assistant Professor of Strategy and EntrepreneurshipCostas Markides BA MA (Boston) MBA DBA (Harvard) Professor of Strategy and EntrepreneurshipLouise Mors MBE (Norwegian School of Management) PhD (INSEAD) Assistant Professor of Strategy and EntrepreneurshipPhanish Puranam BE (Delhi) MIB (IIFT, New Delhi) MA PhD (Wharton) Professor of Strategy and EntrepreneurshipMarkus Reitzig BS (Konstanz) MS (Kiel) MBR PhD (Munich)Assistant Professor of Strategy and EntrepreneurshipLourdes Sosa BS (ITESM, Mexico) PhD (MIT) Assistant Professor of Strategy and EntrepreneurshipDon SullAB MBA DBA (Harvard) Professor of Management Practice in Strategy and EntrepreneurshipFreek Vermeulen MA PhD (Tilburg) Associate Professor of Strategy and Entrepreneurship


Applying online

We strongly prefer online applications. Please visit the admissions pages on our website: www.london.edu/phd

PhD Programme Office

London Business SchoolRegent’s ParkLondon NW1 4SAUnited KingdomTel +44 (0)20 7000 8989Fax +44 (0)20 7000 8951Email: [email protected]

London Business SchoolRegent’s ParkLondon NW1 4SAUnited KingdomTel +44 (0)20 7000 7000Fax +44 (0)20 7000 7001www.london.edu

LBS Brochure

Documents

Transcript of LBS Brochure