Professional Ph.D. in Economics
The Professional PhD in Economics is designed for Candidates with prior studies in Economics or Finance that wish to enter directly into the research phase of the PhD program. At Monarch, the study of Economics is firmly based on an Anthropological view where the concepts of social justice, governance, ethics and development take precedence. Researchers are expected to study important economic issues with a focus on how they affect society. It is important at the PhD level to discuss and research “why” an economic policy or plan should be designed in a particular way and how the design or policy may affect society and ultimately the individual. Without a clear discussion of social equity economics becomes a hollow discipline. Thus, Candidates at Monarch are expected to link their economic research to higher goals of social and economic development.
- Professional Research Orientation
- Dissertation Based
- Immediate Entry To The Research Phase of the PhD
The Professional Ph.D. in Economics program enables the Doctoral Research Candidate to develop research skills used within the context of the study of Economics. At Monarch, social justice/equity, sustainability and governance are key areas of research and the PhD in Economics enables the Doctoral Candidate to explore these key concepts within the context of the PhD dissertation through both quantitative and qualitative research methods. Candidates are able to focus their talents on important economic issues and how these issues may affect society in general and individuals in specific and importantly “why” policies or plans are beneficial from a social impact standpoint. Bringing Economic policy down to the level of how the average citizen will be impacted is a key consideration of the PhD in Economics study at Monarch.
Dr. Henderson – Dean of the School
Monarch Business School is the first distance-learning business school to achieve triple accreditation by the International Standards Association (9001, 14001, 18001). Monarch Business School is a member of EFMD-The Premiere European Accreditaiton Agency, ACBSP-the Association For Collegiate Business Schools & Programs, CEEMAN-The Central and Eastern European Management Association and ACUNS-The Academic Council of the United Nations System. See our accreditation page.
The program is structured to have the candidate immediately involved in researching their domain of interest. Candidates in this program have completed course work at a Bachelor and Master level in Economics or Finance and thus are prepared to enter directly in to the research phase of the PhD. In preparation for this, candidates complete a Critical thinking module, Mixed-Research Skills module as well as Research Skills modules in preparation to design a full research proposal that provides the necessary understanding for the professional research process to come during the dissertation phase. You may download the program schematic here.
The program is broken down into specific modules. The candidates moves through the modules successfully completing the program.
The program progression focuses on the student immediately entering the research phase of the program as soon as the program is started. This has the Candidate focused on their specific domain of interest within the field of Economics from the outset of the program. At Monarch, the PhD Candidate begins their research without any distraction in repetitive coursework from the lower levels. You may download the program schematic here.
The degree is based on the submission of a dissertation typically between 200 to 250 pages that makes an original contribution to the study of Economics and Economic thought and/or practice. The dissertation is defended in front of Committee at the end of the program.
Upon successful completion of the program the candidate will receive both the Doctor and Master of Philosophy degrees, (Ph.D. & M.Phil.).
Symposiums & Workshops
Participants must attend a workshop during the first year of the program to advance their research through direct feedback of Professors.
The program has a rolling admission and be started at any time.
- Standard Duration = 3 Years
- Candidates may extend the program up to 6 years, extension fees apply at the same rate.
Program Open To
- Graduates from accredited Bachelor & Master programs in Economics and/or Finance with +5 Years Management Experience;
- Candidates with a Professional designation related to Economic and/or Finance and +5 years managerial experience may be admitted to the program on the discretion of the Dean.
Tuition is levied on a quarterly basis in advance. All candidates may terminate a program upon 3 months written notice to the administration.
I am a PhD graduate from France. Usually, before entering a PhD program one is asked to provide an academic proposal with the application, even if one doesn’t have any previous academic writing experience. This process can be challenging for a graduate from business or management science. At Monarch, you are guided from the beginning and the school assists you in creating your research proposal. You start the program by learning and understanding what research methodology is all about. Once this learning is integrated, you clarify and delineate the scope of your subject. Then you are equipped to start the research journey. I am very satisfied with the program because it is streamlined. The guidance from supervisors was clear and support from them is provided in a timely manner. You can also count on the support of your fellow students as a spirit of camaraderie reigns at the workshops. The Monarch experience is and will remain a tremendous step in my life.
Dr. Aurelia Ravet-Narayan – Doctor of Philosophy in Governance Graduate
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