
FINANCE
The PhD program with concentration of finance focuses on research topics in empirical corporate finance and investments. The graduates of the PhD program are expected to conduct original research that contributes to the application of financial economics and to pursue academic careers in prestigious universities. To achieve this objective, students are equipped with rigorous training in research methods and financial theory.
The finance faculty conducts empirical research in specialized fields of asset pricing, corporate finance, mergers and acquisitions, financial intermediation, real estate finance, derivatives markets, financial risk management, market efficiency and market microstructure. Research support includes excellent computing facilities and library, as well as access to financial databases such as Bloomberg, CRSP in Security Prices in (WRDS), Compustat (WRDS), Euromonitor International’s Global Market Information Database (GMID), Global Development Finance (GDF), ISI Emerging Markets, International Financial Statistics, World Development Indicators (World Bank).
>> PROGRAM STRUCTURE
Below is a sample of a graduate course sequence for students in finance concentration. It’s important to remember that students will have differing elective courses with the approval of their supervisor.
| PhD PROGRAM STRUCTURE | ||||||
| YEAR 1 | YEAR 2 | YEAR 3 | YEAR 4 | YEAR 5 | YEAR 6 | |
| Must/ Elective Courses | Thesis work | Defense | ||||
| Elective Courses | ||||||
1st Year / 1st Semester
| ECON 503 | Microeconomic Theory I |
| GE 500 | Research Methods and Academic Publication Ethics |
| GE 690 | Academic Practices |
| MAN 525 | Financial Economics |
| MAN 610 | Data Analytics and Statistics |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
1st Year / 2nd Semester
| ECON 510 | Probability and Statistics II |
| GE 511 | Philosophy of Social Inquiry |
| GE 512 | Quantitative Data Analysis |
| MAN 593 | Research Paper I |
| MAN 627 | Seminar in Corporate Finance |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
2nd Year / 1st Semester
| GE 690 | Academic Practices |
| MAN 593 | Research Paper I |
| MAN 628 | Advanced Empirical Finance |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
2nd Year / 2nd Semester
| Qualifying Exam | |
| GE 690 | Academic Practices |
| MAN 593 | Research Paper I |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
3rd year / 1st Semester
| Thesis Proposal | |
| GE 690 | Academic Practices |
| MAN 593 | Research Paper I |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
| MAN 610 | Data Analytics and Statistics (Graduate Elective) |
| MAN 627 | Seminar in Corporate Finance (Graduate Elective) |
| ECON 509 | Probability and Statistics I (Restricted Graduate Elective) |
| ECON 510 | Probability and Statistics II (Restricted Graduate Elective) |
| Graduate Elective (1) |
3rd year / 2nd Semester
| GE 690 | Academic Practices |
| MAN 593 | Research Paper I |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
4th, 5th and 6th years
First Semesters
| GE 690 | Academic Practices |
| MAN 593 / 594 | Research Paper I / II |
| MAN 690 | Pre-Thesis Seminar |
| MAN 699 | PhD Dissertation |
Second Semesters
| GE 690 | Academic Practices |
| MAN 593 / 594 | Research Paper I / II |
| MAN 690 | Pre-Thesis Seminar |
| MAN 699 | PhD Dissertation |
Research Faculty: Kürşat Aydoğan, Tolga Demir, Zeynep Önder, Oğuzhan Özbaş Süheyla Özyıldırım, Altan Pazarbaşı, Ahmet Şensoy, A. Başak Tanyeri Günsür.

MARKETING
Our Ph.D. program in the concentration area of marketing integrates a solid analytical training with a scholarly theoretical emphasis. The program is based on four pillars: strong analytics, strong theory, sound research skills, and international experience. International experience entails activities such as a semester or a year abroad and international seminars or conferences at Bilkent and elsewhere and helps future academics get acquainted with the global nature of scholarship and research.
>> PROGRAM STRUCTURE
Below is a sample of a graduate course sequence for students in marketing concentration. It’s important to remember that students will have differing elective courses with the approval of their supervisor.
| PhD PROGRAM STRUCTURE | ||||||
| YEAR 1 | YEAR 2 | YEAR 3 | YEAR 4 | YEAR 5 | YEAR 6 | |
| Must/ Elective Courses | Thesis work | Defense | ||||
| Elective Courses | ||||||
1st Year / 1st Semester
| ECON 503 | Microeconomic Theory I |
| GE 500 | Research Methods and Academic Publication Ethics |
| GE 690 | Academic Practices |
| MAN 525 | Financial Economics |
| MAN 610 | Data Analytics and Statistics |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
1st Year / 2nd Semester
| ECON 510 | Probability and Statistics II |
| GE 511 | Philosophy of Social Inquiry |
| GE 512 | Quantitative Data Analysis |
| MAN 593 | Research Paper I |
| MAN 627 | Seminar in Corporate Finance |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
2nd Year / 1st Semester
| GE 690 | Academic Practices |
| MAN 593 | Research Paper I |
| MAN 628 | Advanced Empirical Finance |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
2nd Year / 2nd Semester
| Qualifying Exam | |
| GE 690 | Academic Practices |
| MAN 593 | Research Paper I |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
3rd year / 1st Semester
| Thesis Proposal | |
| GE 690 | Academic Practices |
| MAN 593 | Research Paper I |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
| MAN 610 | Data Analytics and Statistics (Graduate Elective) |
| MAN 627 | Seminar in Corporate Finance (Graduate Elective) |
| ECON 509 | Probability and Statistics I (Restricted Graduate Elective) |
| ECON 510 | Probability and Statistics II (Restricted Graduate Elective) |
| Graduate Elective (1) |
3rd year / 2nd Semester
| GE 690 | Academic Practices |
| MAN 593 | Research Paper I |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
4th, 5th and 6th years
First Semesters
| GE 690 | Academic Practices |
| MAN 593 / 594 | Research Paper I / II |
| MAN 690 | Pre-Thesis Seminar |
| MAN 699 | PhD Dissertation |
Second Semesters
| GE 690 | Academic Practices |
| MAN 593 / 594 | Research Paper I / II |
| MAN 690 | Pre-Thesis Seminar |
| MAN 699 | PhD Dissertation |
Research Faculty: Ahmet Ekici, Güliz Ger, Onur Osmanoğlu, Saurabh Pandharinath Shinde.

OPERATIONS MANAGEMENT
Operations Management is concerned with gaining knowledge, skills, and expertise needed to manage and advance the efficiency and productivity of business operations. Operations Management studies emphasize the development of models, methods, applications, and algorithms as they apply to problems in production and services. Management of resources, the distribution of goods and services to customers, and the analysis of queuing and inventory systems are also within the scope of Operations Management. The research interests of the faculty follow up-to-date business practices and needs, with emphasis on revenue management, perishable and recyclable inventory control, health care management, supply chain contracts, production and customer order scheduling, and coordination issues in inventory management, supply chain scheduling, and new product development.
>> PROGRAM STRUCTURE
Below is a sample of a graduate course sequence for students in marketing concentration. It’s important to remember that students will have differing elective courses with the approval of their supervisor.
| PhD PROGRAM STRUCTURE | ||||||
| YEAR 1 | YEAR 2 | YEAR 3 | YEAR 4 | YEAR 5 | YEAR 6 | |
| Must/ Elective Courses | Thesis work | Defense | ||||
| Elective Courses | ||||||
1st Year / 1st Semester
| ECON 503 | Microeconomic Theory I |
| GE 500 | Research Methods and Academic Publication Ethics |
| GE 690 | Academic Practices |
| MAN 525 | Financial Economics |
| MAN 610 | Data Analytics and Statistics |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
1st Year / 2nd Semester
| ECON 510 | Probability and Statistics II |
| GE 511 | Philosophy of Social Inquiry |
| GE 512 | Quantitative Data Analysis |
| MAN 593 | Research Paper I |
| MAN 627 | Seminar in Corporate Finance |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
2nd Year / 1st Semester
| GE 690 | Academic Practices |
| MAN 593 | Research Paper I |
| MAN 628 | Advanced Empirical Finance |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
2nd Year / 2nd Semester
| Qualifying Exam | |
| GE 690 | Academic Practices |
| MAN 593 | Research Paper I |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
3rd year / 1st Semester
| Thesis Proposal | |
| GE 690 | Academic Practices |
| MAN 593 | Research Paper I |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
| MAN 610 | Data Analytics and Statistics (Graduate Elective) |
| MAN 627 | Seminar in Corporate Finance (Graduate Elective) |
| ECON 509 | Probability and Statistics I (Restricted Graduate Elective) |
| ECON 510 | Probability and Statistics II (Restricted Graduate Elective) |
| Graduate Elective (1) |
3rd year / 2nd Semester
| GE 690 | Academic Practices |
| MAN 593 | Research Paper I |
| MAN 690 | Pre-thesis Seminar |
| MAN 699 | PhD Dissertation |
4th, 5th and 6th years
First Semesters
| GE 690 | Academic Practices |
| MAN 593 / 594 | Research Paper I / II |
| MAN 690 | Pre-Thesis Seminar |
| MAN 699 | PhD Dissertation |
Second Semesters
| GE 690 | Academic Practices |
| MAN 593 / 594 | Research Paper I / II |
| MAN 690 | Pre-Thesis Seminar |
| MAN 699 | PhD Dissertation |
Research Faculty: Emre Berk, Erdal Erel, Yasemin Limon, Fehmi Tanrısever, Feray Tunçalp.
