Business PhD
- Full-time: 3 years
- Part-time: 6 years
- Start date: February and October 2025
- UK fees: £5,350
- International fees: £23,000
Research overview
With an international reputation for business research excellence, Nottingham University Business School offers a superb opportunity to develop your research skills through PhD study. Our PhD programme combines academic theory with good practice.
You will be assigned two supervisors appropriate to your field. It is important that you nominate at least one supervisor on your application who shares an interest in your proposed area of research before applying. Applications submitted without a nominated supervisor will not advance in the application process.
Research areas
We offer PhD pathways in:
- business and management
- business and society
- finance and risk
- industrial economics
Our research areas include:
- accounting
- economics
- business and management
- corporate social responsibility and sustainability
- finance, banking and risk
- healthcare management and leadership
- human resource management/organisational behaviour
- industrial economics
- innovation and entrepreneurship
- international business
- marketing
- operations management/information systems
- strategy
A research degree provides you with a launch-pad to a successful career in academia, commerce, industry, the public sector or as an entrepreneur.
Course content
To help you in the transition to independent research, you will normally be expected to complete several assessed taught modules during your first and second year of study. These are designed to provide generic, as well as subject-specific training for relevant pathways.
You may also be required to take up to 20 credits of other modules within the school/faculty.
PhD in Business and Management
Year one
This module covers:
- philosophical foundations of research – ontology and epistemology
- critical issues relating to the conduct, context and impact of research
This module considers in detail 'academic practice’. It explores the underlying practices that support academic research, and developing academic citizenship, broadly speaking, involves ‘being an academic’ and ‘reflecting on being an academic’ in a challenging yet supportive environment.
It will:
- explore academic practices (critiquing, synthesising, presenting, reflecting)
- expose you to academic practices, encouraging engagement in the intellectual life of the school and participation with the wider faculty outside your supervisory team
- challenge you to ‘practice’ your academic practice, with your peers, and within the wider academic community of the school
The module introduces qualitative and quantitative research designs covering a range of data collection techniques. The module introduces you to the use, interpretation and presentation of an appropriate selection of techniques for the analysis of interview data, and other qualitative data sources.
In terms of quantitative research designs, the module covers measurement issues - validity and reliability issues, descriptive analysis and techniques to test for differences and for relationships.
Year two
50% advanced qualitative research methods, covering key aspects of qualitative data collection, management and analysis. Potential topics include:
- Handling Data for Qualitative Analysis
- Coding and Categorisation
- Qualitative Data Analysis
- Grounded Theory
- Narrative Analysis
50% advanced quantitative research methods, including:
- Factor Analysis
- Reliability Analysis
- Multivariate Regression Analysis
- Moderation and Mediation Effects
- Partial Least Squares Modelling
- Experimental Design and Testing
PhD in Business and Society
Year one
This module covers:
- philosophical foundations of research – ontology and epistemology
- critical issues relating to the conduct, context and impact of research
This module considers in detail three key, interrelated components that constitute the academic research process (i.e., becoming an academic researcher); substance, technique, and context.
- Substance: students will assimilate theoretical building blocks of academic argumentation specific to Business and Society research, equipping them to judge the potential value of new research in the field.
- Technique: students will apprehend and mobilise specific academic techniques such types and styles of questioning, conversation ‘linking’, the role of a discussant and following-up activities.
- Context: students will gain an appreciation of the dynamic and political nature of research dissemination environments and recognise the role of seminars in network building and academic citizenship.
The module introduces qualitative and quantitative research designs covering a range of data collection techniques. The module introduces you to the use, interpretation and presentation of an appropriate selection of techniques for the analysis of interview data, and other qualitative data sources.
In terms of quantitative research designs, the module covers measurement issues - validity and reliability issues, descriptive analysis and techniques to test for differences and for relationships.
Year two
50% advanced qualitative research methods, covering key aspects of qualitative data collection, management and analysis. Potential topics include:
- Handling Data for Qualitative Analysis
- Coding and Categorisation
- Qualitative Data Analysis
- Grounded Theory
- Narrative Analysis
50% advanced quantitative research methods, including:
- Factor Analysis
- Reliability Analysis
- Multivariate Regression Analysis
- Moderation and Mediation Effects
- Partial Least Squares Modelling
- Experimental Design and Testing
PhD in Finance and Risk
Year one
This module covers:
- philosophical foundations of research – ontology and epistemology
- critical issues relating to the conduct, context and impact of research
This module covers:
- building time series models
- forecasting time series
- modelling volatility
- multivariate time series analysis
- instrumental variables and GMM estimation
- panel data analysis
- discrete choices models
- limited dependent variables models
- conducting empirical econometric research
This module covers:
- corporate financing and investment decisions
- takeovers and mergers and acquisitions
- board structure and corporate governance
- the role of asymmetric Information and agency costs in corporate finance
- asset pricing models and the valuation of securities
- measuring portfolio performance
- market microstructure
- behavioural Finance
Year two
This module covers:
- multivariate time series models
- matching techniques
- difference-in-differences
- regression discontinuity design
- event studies
PhD in Industrial Economics
Year one
This module covers:
- philosophical foundations of research – ontology and epistemology
- critical issues relating to the conduct, context and impact of research
This module covers:
- building time series models
- forecasting time series
- modelling volatility
- multivariate time series analysis
- instrumental variables and GMM estimation
- panel data analysis
- discrete choices models
- limited dependent variables models
- conducting empirical econometric research
Year two
This module covers:
- multivariate time series models
- matching techniques
- difference-in-differences
- regression discontinuity design
- event studies
You should select one of the following modules which are delivered by the School of Economics. Attendance will be subject to meeting any pre-requisites and at the discretion of the Module Convener.
This module covers the following:
- Dynamic general equilibrium models: Focus: How the time path of consumption, and saving, is determined by optimising agents and firms that interact on competitive markets
- Growth in dynamic general equilibrium: Focus: The Solow model and the data, and the role played by accumulation of knowledge (endogenous innovation) in explaining long run growth
- Growth and Inequality: Focus on the two major changes in the economic landscape over the past 40 years, particularly the US and the UK: Increase in household income inequality and slowdown in aggregate growth
- Real Business Cycles (RBC): Focus: How the RBC approach account for business cycle fluctuations, and what links short run fluctuations and growth processes
This module examines central theoretical aspects from modern microeconomic theory, paying particular emphasis on game theory, imperfect competition and incomplete information.
The above is a sample of the typical modules we offer but is not intended to be construed and/or relied upon as a definitive list of the modules that will be available in any given year. Modules (including methods of assessment) may change or be updated, or modules may be cancelled, over the duration of the course due to a number of reasons such as curriculum developments or staffing changes. Please refer to the
module catalogue for information on available modules. This content was last updated on 07 November 2024.
Due to timetabling availability, there may be restrictions on some module combinations.
Entry requirements
All candidates are considered on an individual basis and we accept a broad range of qualifications. The entrance requirements below apply to 2025 entry.
Degree | Masters (or international equivalent) in a relevant discipline, with a taught module average of 60% or above; plus 2:1 (or international equivalent) in a relevant discipline at undergraduate level |
Degree | Masters (or international equivalent) in a relevant discipline, with a taught module average of 60% or above; plus 2:1 (or international equivalent) in a relevant discipline at undergraduate level |
International and EU equivalents | We accept a wide range of qualifications from all over the world. For information on entry requirements from your country, see our country pages. |
IELTS | 7.0 (no less than 6.0 in any element) |
English language requirements | As well as IELTS (listed above), we also accept other English language qualifications. This includes TOEFL iBT, Pearson PTE, GCSE, IB and O level English. |
Meeting our English language requirements
If you need support to meet the required level, you may be able to attend a presessional English course. Presessional courses teach you academic skills in addition to English language. Our Centre for English Language Education is accredited by the British Council for the teaching of English in the UK.
If you successfully complete your presessional course to the required level, you can then progress to your degree course. This means that you won't need to retake IELTS or equivalent.
For on-campus presessional English courses, you must take IELTS for UKVI to meet visa regulations. For online presessional courses, see our CELE webpages for guidance.
Visa restrictions
International students must have valid UK immigration permissions for any courses or study period where teaching takes place in the UK. Student route visas can be issued for eligible students studying full-time courses. The University of Nottingham does not sponsor a student visa for students studying part-time courses. The Standard Visitor visa route is not appropriate in all cases. Please contact the university’s Visa and Immigration team if you need advice about your visa options.
We recognise that applicants have a variety of experiences and follow different pathways to postgraduate study.
We treat all applicants with alternative qualifications on an individual basis. We may also consider relevant work experience.
If you are unsure whether your qualifications or work experience are relevant, contact us.
Applying
It is important that you nominate at least one supervisor on your application who shares an interest in your proposed area of research before applying.
Find a supervisorApplications submitted without a nominated supervisor will not advance in the application process.
Our step-by-step guide contains everything you need to know about applying for postgraduate research.
How to applyFees
Home / UK | £5,350 |
International | £23,000 |
Additional information for international students
If you are a student from the EU, EEA or Switzerland, you may be asked to complete a fee status questionnaire and your answers will be assessed using guidance issued by the UK Council for International Student Affairs (UKCISA).
These fees are for full-time study. If you are studying part-time, you will be charged a proportion of this fee each year (subject to inflation).
Additional costs
As a student on this course, you should factor some additional costs into your budget, alongside your tuition fees and living expenses.
You should be able to access most of the books you'll need through our libraries, though you may wish to purchase your own copies or more specific titles.
Funding
There are many ways to fund your research degree, from scholarships to government loans.
Check our guide to find out more about funding your postgraduate degree.
Postgraduate fundingSupport
Seminars and workshops
All PhD students are expected to attend our seminar programme and relevant research workshops. Seminars take place regularly, usually on Wednesday afternoons, and are given by a range of internal and external speakers. Research workshops occur on an ad hoc basis and you will be advised by your supervisors about attendance.
Researcher training and development
The Researcher Academy is the network for researchers, and staff who support them. We work together to promote a healthy research culture, to cultivate researcher excellence, and develop creative partnerships that enable researchers to flourish.
Postgraduate researchers at Nottingham have access to our online Members’ area, which includes a wealth of resources, access to training courses and award-winning postgraduate placements.
Graduate centres
Our graduate centres are dedicated community spaces on campus for postgraduates.
Each space has areas for:
- studying
- socialising
- computer work
- seminars
- kitchen facilities
Student support
You will have access to a range of support services, including:
- academic and disability support
- childcare services
- counselling service
- faith support
- financial support
- mental health and wellbeing support
- visa and immigration advice
- welfare support
Students' Union
Our Students' Union represents all students. You can join the Postgraduate Students’ Network or contact the dedicated Postgraduate Officer.
There are also a range of support networks, including groups for:
- international students
- black and minority ethnic students
- students who identify as women
- students with disabilities
- LGBT+ students
SU Advice provides free, independent and confidential advice on issues such as accommodation, financial and academic difficulties.
Where you will learn
Library facilities - Business
The school has a bespoke Business Library that combines multimedia technology with traditional information resources. It houses key references, a short loan collection, past PhD dissertations and a wide range of online resources.
Where you will learn
Jubilee Campus
Jubilee Campus has eco-friendly buildings, alongside green spaces, wildlife and a lake.
This campus is home to our business, education and computer science schools, as well as a sports centre and student accommodation.
You can walk to University Park Campus in around 20 minutes or catch a free hopper bus. Nottingham city centre is 20 minutes away by public bus.
Where you will learn
School facilities - Business
Full-time business PhD students have access to a dedicated desk, computer and locker space throughout the three years of study. You will be given a doctoral research account of £750 to support your studies, and there is also funding available to support your participation in conferences and doctoral associations.
Where you will learn
Library facilities - Business
The school has a bespoke Business Library that combines multimedia technology with traditional information resources. It houses key references, a short loan collection, past PhD dissertations and a wide range of online resources.
Where you will learn
Jubilee Campus
Jubilee Campus has eco-friendly buildings, alongside green spaces, wildlife and a lake.
This campus is home to our business, education and computer science schools, as well as a sports centre and student accommodation.
You can walk to University Park Campus in around 20 minutes or catch a free hopper bus. Nottingham city centre is 20 minutes away by public bus.
Where you will learn
School facilities - Business
Full-time business PhD students have access to a dedicated desk, computer and locker space throughout the three years of study. You will be given a doctoral research account of £750 to support your studies, and there is also funding available to support your participation in conferences and doctoral associations.
Where you will learn
Library facilities - Business
The school has a bespoke Business Library that combines multimedia technology with traditional information resources. It houses key references, a short loan collection, past PhD dissertations and a wide range of online resources.
I am very passionate and always aspire to see a vibrant doctoral programme at Nottingham University Business School, offering ample opportunity for candidates to exploit their research potential. Together with the excellent Doctoral Programmes team, I commit to support your research and scholarship thereby making your stay at NUBS a very productive one.”
Dr Getinet Haile, Director of the PhD Programme
Research Excellence Framework
The University of Nottingham is ranked 7th in the UK for research power, according to analysis by Times Higher Education. The Research Excellence Framework (REF) is a national assessment of the quality of research in UK higher education institutions.
- 83% of the Business School's research considered world-leading or internationally excellent
- 90%* of our research is classed as 'world-leading' (4*) or 'internationally excellent' (3*)
- 100%* of our research is recognised internationally
- 51% of our research is assessed as 'world-leading' (4*) for its impact**
*According to analysis by Times Higher Education ** According to our own analysis.
This content was last updated on 07 November 2024. Every effort has been made to ensure that this information is accurate, but changes are likely to occur between the date of publishing and course start date. It is therefore very important to check this website for any updates before you apply.