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Is MBA Required before Phd??

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Is MBA Required before Phd?? [#permalink] New post 27 Mar 2006, 23:28
Hi All,

I just know want to whether Post gradute degree is required before doing Phd.Because I want to do Phd In finance from some top US University.
I completed My bachelor in engineering and after that for last 3 year I am working in a software firm.

Regards,
Vibhor [/b]
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 [#permalink] New post 28 Mar 2006, 04:54
Check the schools' website. Most say a Master's degree is not a requirement. And even if you have it, you will still need 4 to 5 years to complete your PhD.

However, I believe a relevant Master's is a good thing to have in your application.
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 [#permalink] New post 28 Mar 2006, 06:13
Not at all schools. Ph.D Finance is extremely competitive. You will need a very strong background in mathematics. You will also need to do extremely well in GMAT Quant.


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 [#permalink] New post 28 Mar 2006, 09:46
Some schools have a program where you work toward both, and get your MBA along the way to a PhD. Really depends on the school.
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 [#permalink] New post 28 Mar 2006, 18:09
Therefore, identify the schools that you are likely to apply to and check on their requirements. You usually can find it being mentioned in their FAQ page. Also a good idea to pop by their Finance department website, as they may have special mention on this.

Futhermore, if they have C.V. of their current students, take a look at them. See whether a Master (and what type - MBA or MSc, etc) is something that most of the students have.
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 [#permalink] New post 04 Apr 2006, 14:08
For a PhD in finance, having an MA in Economics, Statistics, Mathematics or Engineering will improve your application package but I don't think having an MBA will, as the courses you attend in an MBA generally have nothing to do with the PhD finance curriculum. However, for the few schools who require PhD students to complete some number or MBA courses (as Harvard and Chicago do from what I recall), already having an MBA can help as they could waive these requirements and you'd be left with less courses to complete.
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 [#permalink] New post 04 Apr 2006, 14:10
I should add that the number of courses to complete is one of the most trivial requirements in completing a PhD program, so already having an MBA is not such an important advantage. A good MA in Econ or Statistics will really be much better than an MBA if you're shooting for a PhD in finance.
  [#permalink] 04 Apr 2006, 14:10
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