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Doctor of Philosophy in Business Administration

PURPOSE

The Doctor of Philosophy (Ph.D.) in Business Administration is designed to develop scholars and researchers who advance knowledge through original research across the broad field of business administration. The program provides a rigorous foundation in advanced business theory, research methodologies, strategic leadership, and evidence-based decision-making while allowing students to pursue specialized areas of study that address emerging trends and innovations in business. Graduates are prepared for careers in higher education, research, industry, government, and executive leadership, demonstrating innovation, integrity, stewardship, and ethical responsibility grounded in Biblical principles.

OBJECTIVES

Upon completing this degree, students will be able to:

  • Develop advanced knowledge and understanding of the core principles and advanced concepts in financial economics, including financial theory, investment analysis, international finance, and financial markets.
  • Conduct independent and original research in financial economics with proficiency in empirical methods, econometric techniques, and the ability to critically analyze financial data.
  • Foster a global perspective on financial economics, recognizing the interconnectedness of global financial markets and the importance of international financial policies and practices.
  • Have a strong sense of ethical responsibility and professional standards and apply biblical principles such as honesty, fairness, and respect for others in their professional conduct.

ADMISSION REQUIREMENTS

  • Application form for admission
  • $100.00 non-refundable application fee
  • A brief autobiographical statement
  • Applicant Qualifications :
      1) Master's degree holder (Every major)
      2) To enter the Ph.D. program in Business Administration, students must have majored in Business Administration in their master program. If they did not major in Business Administration, they must take 12~24 additional credits as prerequisite courses.
      3) The completed course with grade C+ below would not be counted as credit hours.
      4) GPA should be above 3.5
  • Admission Procedures :
      Admission procedures consist of application screening, entrance exam, and interview.
      1) Applicants should pass application screening before taking entrance tests. Application includes applicant's essay, recommendation letters, and transcripts.
      2) The test areas are essay and English (reading).
      3) Program faculities will interview applicants who take tests.
      4) Application screening, written essay test, English test and interview respectively take up 100 points (Total 400 points). Admission would be given to the applicants who scored 320 points above.
      5) Faculty committee will make all admission decisions.
  • Two recent photographs (for student ID)

GRADUATION REQUIREMENTS

  • The Doctoral Program is designed to be completed within five academic years. A maximum of seven years may be granted upon appeal to the Academic Dean.
  • The student must successfully complete a prescribed course of study with a minimum of 3.00 (B) grade point average on a 4.00 scale.
  • The awarding of a ¡°C¡± in a doctoral course constitutes a failure (unsuccessful completion of the course).
  • The student must pass a qualifying examination.
  • The student must successfully complete a dissertation and pass the oral defense.
  • Prior to graduation the student must meet all financial obligations to the institution.
  • All candidates for graduation must complete a non-credit course, GE 500 Worldview. It will be waived for the students who have taken any biblical courses.

COURSES

Core Courses

16 Credit Hours(Select 4 courses)

FE 800 Financial Theory and Corporate Policy 4
FE 801 Advanced Investment Analysis 4
FE 802 International Finance 4
FE 803 Financial Markets and Institutions 4
FE 804 Empirical Methods in Finance 4
FE 805 Advanced Econometrics 4
FE 806 Biblical Principles of Finance and Economics 4
FE 807 Ethical Leadership in Finance and Economics 4
LE 818 Mentored Leadership Internship 4
LE 845 Introduction to Innovation Leadership 4
DS 820 Introduction to International Relations 4

Emphases Courses

16 Credit Hours(Select 4 courses)

Financial Economics
FE 810 Advanced Financial Economics 4
FE 811 Financial Econometrics 4
FE 812 Behavioral Finance 4
FE 813 Empirical Asset Pricing 4
FE 814 International Financial Markets 4
FE 815 Corporate Finance Theory 4
ESG Finance
ES 812 Principles of Sustainable Finance 4
ES 813 ESG Reporting and Disclosure 4
ES 814 Corporate Social Responsibility 4
ES 815 Environmental Economics and Policy 4
AI and Intelligent Financial Systems
PBA 831 Artificial Intelligence in Finance and Business Intelligence 4
PBA 832 Financial Data Analytics and Machine Learning 4
PBA 833 FinTech Innovation and Digital Financial Ecosystems 4
PBA 834 Blockchain, Digital Assets, and Decentralized Finance 4
PBA 835 Predictive Analytics, Quantitative Modeling, and Business Forecasting 4

Elective Courses

8 Credit Hours

Research Method

8 Credit Hours

RS 861 Research Design 2
RS 862 Quantitative Research Methods 3
RS 863 Qualitative Research Methods 3

Dissertation

9 Credit Hours

Capstone Course

3 Credit Hours

CP 890 Capstone 3

Service leadership Engagement Program (SLEP)

The Service Leadership Engagement Program is designed to cultivate servant leadership, ethical responsibility, professional integrity, and community engagement through structured leadership service activities. Doctoral students participate in community service, organizational leadership projects, and professional engagement experiences that strengthen ethical leadership and social responsibility competencies.

Option 1 - Community Service

Complete 24 hours of approved community service, demonstrating leadership, civic engagement, and service to the community.

Option 2 - Leadership Service Seminar

Complete a 1-credit Leadership Service Seminar, which focuses on the role and responsibilities of leaders in serving communities. Students are required to attend the seminar and successfully complete a reflective report or assigned project demonstrating their understanding and application of service leadership principles.

Total

60 Credit Hours

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Midwest University

851 Parr Rd, Wentzville, MO 63385 | (636)327-4645 | usa@midwest.edu
Copyright © 2026 Midwest University / Staff Login

Midwest University

851 Parr Rd, Wentzville, MO 63385
(636)327-4645
usa@midwest.edu
Copyright © 2026 Midwest University
Staff Login