History

The International Business and Business Economics (IB-BE) Ph.D. program at the University of Michigan Ross School of Business was created in 2005 as a result of a reorganization of the faculty. Prior to this, the School offered a Ph.D. program in International Business. Because the faculty most involved with the International Business Ph.D. program moved their appointments to the Business Economics group, and in recognition of the fact that the program historically had relied heavily on the faculty resources in Business Economics, the decision was made to rename the program IB-BE and to have the Business Economics group take ownership of it. The renaming reflects the Business Economics faculty group's commitment to continue to build on the international focus of the original program while at the same time highlighting the role of business economics in the education of the students.

Prof. Katherine Terrell continues to serve as the IB-BE Ph.D. program coordinator.

Program Purpose

International Business and Business Economics (IB-BE) Ph.D. education at the University of Michigan prepares students for research and teaching careers at premier academic institutions throughout the world. The program's core is anchored in economic theory and addresses a broad range of questions related to businesses' opportunities and challenges around the world.

Overview

The Ph.D. program in International Business and Business Economics offers two distinct academic challenges. First, drawing from economic theory, the program provides a comprehensive perspective on research issues pertaining to the conduct and performance of businesses in the US and around the world. The core course requirements include IB-BE Topics Courses that discuss research using theory and methods from various areas such as industrial organization, international trade, international public finance, labor economics, and transaction cost economics. Second, each student specializes in a business area cognate (e.g., accounting, finance, or marketing).

Faculty

The IB-BE Ph.D. program draws on the strengths of the faculty members of the Business Economics and Public Policy group. Our faculty has expertise in several important areas, including the impact of multinational firms in emerging market economies, international competition policy, regulation, productivity analysis, and contracting. In addition, students are strongly encouraged to involve faculty from other departments within the business school, as well as faculty from other parts of the university, in their dissertation work.

Students and Graduates

This is a highly selective program, with 1-3 students admitted per year, many coming from countries outside North America. The personal profiles of the Current Students give you their previous experience and research interests. The program also has enjoyed an excellent placement record in recent years. Graduates are currently in faculty positions at the Wharton School (University of Pennsylvania), Stern School (New York University), University of Southern California, University of Illinois, University of Minnesota, Korea Institute of Research, and other leading academic institutions in the US and overseas.