Graduate Research Guide 2012
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Graduate Research Guide 2012 The place for tomorrow’s leaders. Never stop learning. The University, Faculty and Graduate School continue to perform strongly in the major international higher education rankings. Our bilateral agreements with international institutions in 35 countries mean that academic staff from other countries regularly visit and teach at the University ensuring continued cross-cultural and inter-disciplinary collaboration and exchange. By continuing to invest in and Embedding research in education recognise quality research we ensure that our students are The Faculty of Business and exposed to cutting edge research Economics at the University and benefit from the opportunity of Melbourne produces and is to collaborate with highly qualified associated with scholars of truly and prominent academics. international standing and has a long tradition of research and innovation. We invite you to give serious This research expertise is embedded consideration to the research in our graduate education offerings programs outlined in this brochure through the Graduate School of and look forward seeing you at Business and Economics (GSBE). Melbourne in the near future. The University of Melbourne is a Professor Greg Clinch leading research-based institution, Assistant Dean, as endorsed by the Excellence Research Higher Degrees in Research for Australia (ERA) rankings, as well as international rankings and accreditations. “ At the GSBE we are distinguished by the calibre of our people – our students, researchers and teachers.” Professor Margaret Abernethy Dean, Faculty of Business and Economics Sidney Myer Chair of Commerce Cover image: Dr Oksana Kim, PhD Graduate, Department of Accounting. International student (Russia). Recipient of a Melbourne International Fee Remission Scholarship, a Melbourne International Research Scholarship, Special Postgraduate Studentship, and the Peter Brownell PhD Award. 2 | Graduate Research Course Guide 2012 Contents 2 10 12 Introduction Programs Accounting Our Programs 2 The Doctor of Philosophy (PhD) 10 Department of Accounting 12 Business and Economics Masters by Research 11 PhD program in Accounting 13 Research at Melbourne 4 Academic Staff 6 Student Support and Services 8 Scholarships and fees 9 14 18 22 Actuarial Studies Economics Finance Centre for Actuarial Studies 14 Department of Economics 18 Department of Finance 22 PhD program in Actuarial Studies 15 Melbourne Institute of Applied PhD program in Finance 23 Economic and Social Research 19 Master of Commerce 16 Economics Doctoral Program 21 24 26 28 Management Admission How to apply for a and Marketing requirements graduate research degree Department of Management and Marketing 24 PhD program in Management and Marketing 25 Graduate Research Course Guide 2012 | 1 Our Programs Department Program Minimum entry requirements Structure Accounting PhD Either: 3 years full-time or part-time Page 13 → A four-year honours degree in accounting at minimum H2A (75–79%) → A qualification or combination of qualifications considered by the equivalent University of Melbourne Research Higher Degree Committee to One year be equivalent. (or part-time equivalent) of Applicants are also required to provide results of the GMAT General Test. Coursework Please see page 26 for more information. Commencement is at the start followed by two of Semester One of any given year. Mid-year (Semester Two) entry is not years (or part-time normally accepted due to the sequence of coursework subject offerings. equivalent) of Students wishing to enter in the mid-year intake would be required to Research make their case to the department and this would be subject to approval. Actuarial PhD Either: 3 years full-time Studies → A four-year honours degree in actuarial studies, commerce or related or part-time equivalent Page 15 discipline at minimum H2A (75-79%) standard from an Australian university, or Research → A qualification or combination of qualifications considered by the Thesis only Research Higher Degree Committee to be equivalent. (no coursework) Applicants are also required to provide results of the GRE General Test. Please see page 26 for more information. Commencement normally in Semester One of any given year. Actuarial Master of Either: 1 year full-time or Studies Commerce → a four-year honours degree in actuarial studies, commerce or a 2 years part-time Page 16 related discipline a minimum of second class honours (H2B 70-74%) Research standard from an Australian university, or thesis only → successfull completion of a preliminary course, normally the relevant (no coursework) postgraduate diploma, at an overall standard of at least second class honours. Applicants are also required to provide results of the GRE General Test. Please see page 26 for more information. Economics Economics Year 1 of the Doctoral Program 4 years full-time Doctoral or part-time & Melbourne Either: Institute Program equivalent → A four-year Honours degree in economics with at least an H2A (75%) Page 21 average, or Two years → A relevant postgraduate degree with at least an H2A (75%) average, (or part-time and completion of subjects which satisfy the prerequisites for both equivalent) of the core and quantitative subjects in the first year of the program. coursework followed by two Applicants are also required to provide results of the GRE unless years (or part- they meet the GSBE exemption criteria. Please see page 26 for more time equivalent) information. of Research. Commencement only in Semester One of any given year. Progression from the first year of Candidates who successfully complete Year 1 of the Doctoral Program coursework to the will be awarded a Master of Economics. second requires candidates to maintain an overall grade average of H2A (75%) 2 | Graduate Research Course Guide 2012 Department Program Minimum entry requirements Structure Economics Years 2 to 4 of the Doctoral Program Eligible students who pass all of & Melbourne Progression from the first to second year of the program requires an their subjects but Institute average grade of at least H2A (75%) in the first year of the program. (Continued) who fail to achieve Direct entry to the second year of the Doctoral Program will be the required H2A Page 21 considered for applicants who have completed the M.Ec. and achieved (75%) grade a grade of at least H2A (75%), or a qualification or combination of average will be qualifications considered by the RHD Committee to be equivalent. eligible to graduate The completed degree must be in an area that is relevant to the intended with an M.Ec PhD. In order to be deemed relevant, the degree must include the subjects 316-650 Microeconomics II, 316-652 Macroeconomics II, Advanced Econometric Techniques II, and Mathematics for Economists, or their equivalents. Finance PhD Either: 3 years full-time or part-time Page 23 → A four-year honours degree at minimum H2A (75–79%) standard from an Australian university, or equivalent. → A qualification or combination of qualifications considered by the One year Research Higher Degree Committee to be equivalent, in an area that (or part-time is relevant to the intended PhD. equivalent) of Coursework Applicants are also required to provide results of the GMAT or the GRE followed by two General Test (see page 26 for more detail). years (or part-time Commencement in Semester One or Two of any given year. equivalent) of Research Management PhD Either: 3 years full-time and Marketing → A four-year honours degree at minimum H2A (75-79%) standard or part-time equivalent Page 25 from an Australian university, or → A qualification or combination of qualifications considered by the One year Research Higher Degree Committee to be equivalent, in an area that (or part-time is relevant to the intended PhD. equivalent) of Coursework Applicants are also required to provide results of the GMAT or the GRE followed by two General Test (see page 26 for more detail). Commencement only in years (or part-time Semester One of any given year. equivalent) of Research Graduate Research Course Guide 2012 | 3 Business and Economics Research at Melbourne Our academic staff are active researchers in all of our main disciplines. Staff publish their research widely in leading international and Australian journals and present frequently at international conferences. They are editors and board members of prominent journals and also organise international research conferences at the University. Researchers in the Faculty enjoy We are just the second university outstanding success in the arena of in Australia to earn AACSB research grants, with a success rate accreditation in both business and of 55% for new Discovery Projects in accounting. The GSBE hosts a vibrant 2011 well above the average rate for community of 95 research students both the University and the scheme studying for PhD or Masters by nationally. The Faculty was awarded research degrees. These students seven new Australian Research come from a wide range of countries, Council (ARC) Discovery Grants and and bring with them diverse cultural one Linkage Grant commencing in backgrounds and professional 2011, researching supply chain experience. Domestically, the management, the economic impact majority of research graduates take of education in developing countries, on professional roles in business, asset markets, global patenting government and other organisations, systems, organisational behaviour while approximately one third go on to and the effect of competition on careers in academia. doctor’s pricing.