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Overview

This PhD specialization covers applications of the disciplines of economics and statistics to topics of relevance for business or business related government policy. Applications include business strategy and international business drawing on insights from industrial organization and international economics. Topics in which faculty members have expertise include entrepreneurship and venture capital finance, international trade and investment; international trade policy, environmental management and policy, industrial organization, competition policy and public enterprise and regulation. 

What makes the program unique?

We are unique in that we use economics as the core discipline to study business strategies and international business. This makes our program ideal for those who want to do research in these fields as applied economists. Economics is one of the main tools employed by various fields in business research (e.g., real estate, finance, marketing, accounting), and our students can benefit from working with economists in other divisions at Sauder school or at the Vancouver School of Economics.

Our PhD program is relatively small, and this allows us to pay more attention to each student with a very high faculty-to-student ratio. There are many collaboration opportunities with faculty members.

 

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Program Enquiries

Still have questions after reviewing this page thoroughly?
Contact the program

Admission Information & Requirements

1) Check Eligibility

Minimum Academic Requirements

The Faculty of Graduate and Postdoctoral Studies establishes the minimum admission requirements common to all applicants, usually a minimum overall average in the B+ range (76% at UBC). The graduate program that you are applying to may have additional requirements. Please review the specific requirements for applicants with credentials from institutions in:

Each program may set higher academic minimum requirements. Please review the program website carefully to understand the program requirements. Meeting the minimum requirements does not guarantee admission as it is a competitive process.

English Language Test

Applicants from a university outside Canada in which English is not the primary language of instruction must provide results of an English language proficiency examination as part of their application. Tests must have been taken within the last 24 months at the time of submission of your application.

Minimum requirements for the two most common English language proficiency tests to apply to this program are listed below:

TOEFL: Test of English as a Foreign Language - internet-based

Overall score requirement: 100

Reading

22

Writing

21

Speaking

21

Listening

22

IELTS: International English Language Testing System

Overall score requirement: 7.0

Reading

6.5

Writing

6.5

Speaking

6.5

Listening

6.5

Other Test Scores

Some programs require additional test scores such as the Graduate Record Examination (GRE) or the Graduate Management Test (GMAT). The requirements for this program are:

The GRE or a comparable test is required. Please check the program website.

2) Meet Deadlines

September 2025 Intake

Application Open Date
01 September 2024
Canadian Applicants
Application Deadline: 31 December 2024
Transcript Deadline: 10 January 2025
Referee Deadline: 31 January 2025
International Applicants
Application Deadline: 31 December 2024
Transcript Deadline: 10 January 2025
Referee Deadline: 31 January 2025

3) Prepare Application

Transcripts

All applicants have to submit transcripts from all past post-secondary study. Document submission requirements depend on whether your institution of study is within Canada or outside of Canada.

Letters of Reference

A minimum of three references are required for application to graduate programs at UBC. References should be requested from individuals who are prepared to provide a report on your academic ability and qualifications.

Statement of Interest

Many programs require a statement of interest, sometimes called a "statement of intent", "description of research interests" or something similar.

Supervision

Students in research-based programs usually require a faculty member to function as their thesis supervisor. Please follow the instructions provided by each program whether applicants should contact faculty members.

Instructions regarding thesis supervisor contact for Doctor of Philosophy in Business Administration in Strategy and Business Economics (PhD)
The program will review research interests of applicants and recommend/match faculty members during the application/evaluation process. Applicants should not reach out to faculty members directly.

Citizenship Verification

Permanent Residents of Canada must provide a clear photocopy of both sides of the Permanent Resident card.

4) Apply Online

All applicants must complete an online application form and pay the application fee to be considered for admission to UBC.

Tuition & Financial Support

Tuition

FeesCanadian Citizen / Permanent Resident / Refugee / DiplomatInternational
Application Fee$116.25$168.25
Tuition *
Installments per year33
Tuition per installment$1,838.57$3,230.06
Tuition per year
(plus annual increase, usually 2%-5%)
$5,515.71$9,690.18
Int. Tuition Award (ITA) per year (if eligible) $3,200.00 (-)
Other Fees and Costs
Student Fees (yearly)$1,116.60 (approx.)
Costs of livingEstimate your costs of living with our interactive tool in order to start developing a financial plan for your graduate studies.
* Regular, full-time tuition. For on-leave, extension, continuing or part time (if applicable) fees see UBC Calendar.
All fees for the year are subject to adjustment and UBC reserves the right to change any fees without notice at any time, including tuition and student fees. Tuition fees are reviewed annually by the UBC Board of Governors. In recent years, tuition increases have been 2% for continuing domestic students and between 2% and 5% for continuing international students. New students may see higher increases in tuition. Admitted students who defer their admission are subject to the potentially higher tuition fees for incoming students effective at the later program start date. In case of a discrepancy between this webpage and the UBC Calendar, the UBC Calendar entry will be held to be correct.

Financial Support

Applicants to UBC have access to a variety of funding options, including merit-based (i.e. based on your academic performance) and need-based (i.e. based on your financial situation) opportunities.

Program Funding Packages

We provide a financial package that includes tuition plus $30,000 per year for the first five years of the PhD Program.

Average Funding
Based on the criteria outlined below, 7 students within this program were included in this study because they received funding through UBC in the form of teaching, research, academic assistantships or internal or external awards averaging $44,310.
  • 6 students received Teaching Assistantships. Average TA funding based on 6 students was $2,207.
  • 6 students received Research Assistantships. Average RA funding based on 6 students was $18,369.
  • 4 students received Academic Assistantships. Average AA funding based on 4 students was $5,997.
  • 7 students received internal awards. Average internal award funding based on 7 students was $16,432.
  • 1 student received external awards valued at $38,333.

Study Period: Sep 2022 to Aug 2023 - average funding for full-time PhD students enrolled in three terms per academic year in this program across years 1-4, the period covered by UBC's Minimum Funding Guarantee. Averages might mask variability in sources and amounts of funding received by individual students. Beyond year 4, funding packages become even more individualized.
Review methodology
Scholarships & awards (merit-based funding)

All applicants are encouraged to review the awards listing to identify potential opportunities to fund their graduate education. The database lists merit-based scholarships and awards and allows for filtering by various criteria, such as domestic vs. international or degree level.

Graduate Research Assistantships (GRA)

Many professors are able to provide Research Assistantships (GRA) from their research grants to support full-time graduate students studying under their supervision. The duties constitute part of the student's graduate degree requirements. A Graduate Research Assistantship is considered a form of fellowship for a period of graduate study and is therefore not covered by a collective agreement. Stipends vary widely, and are dependent on the field of study and the type of research grant from which the assistantship is being funded.

Graduate Teaching Assistantships (GTA)

Graduate programs may have Teaching Assistantships available for registered full-time graduate students. Full teaching assistantships involve 12 hours work per week in preparation, lecturing, or laboratory instruction although many graduate programs offer partial TA appointments at less than 12 hours per week. Teaching assistantship rates are set by collective bargaining between the University and the Teaching Assistants' Union.

Graduate Academic Assistantships (GAA)

Academic Assistantships are employment opportunities to perform work that is relevant to the university or to an individual faculty member, but not to support the student’s graduate research and thesis. Wages are considered regular earnings and when paid monthly, include vacation pay.

Financial aid (need-based funding)

Canadian and US applicants may qualify for governmental loans to finance their studies. Please review eligibility and types of loans.

All students may be able to access private sector or bank loans.

Foreign government scholarships

Many foreign governments provide support to their citizens in pursuing education abroad. International applicants should check the various governmental resources in their home country, such as the Department of Education, for available scholarships.

Working while studying

The possibility to pursue work to supplement income may depend on the demands the program has on students. It should be carefully weighed if work leads to prolonged program durations or whether work placements can be meaningfully embedded into a program.

International students enrolled as full-time students with a valid study permit can work on campus for unlimited hours and work off-campus for no more than 20 hours a week.

A good starting point to explore student jobs is the UBC Work Learn program or a Co-Op placement.

Tax credits and RRSP withdrawals

Students with taxable income in Canada may be able to claim federal or provincial tax credits.

Canadian residents with RRSP accounts may be able to use the Lifelong Learning Plan (LLP) which allows students to withdraw amounts from their registered retirement savings plan (RRSPs) to finance full-time training or education for themselves or their partner.

Please review Filing taxes in Canada on the student services website for more information.

Cost Estimator

Applicants have access to the cost estimator to develop a financial plan that takes into account various income sources and expenses.

Career Outcomes

102 students graduated between 2005 and 2013. Of these, career information was obtained for 100 alumni (based on research conducted between Feb-May 2016):


RI (Research-Intensive) Faculty: typically tenure-track faculty positions (equivalent of the North American Assistant Professor, Associate Professor, and Professor positions) in PhD-granting institutions
TI (Teaching-Intensive) Faculty: typically full-time faculty positions in colleges or in institutions not granting PhDs, and teaching faculty at PhD-granting institutions
Term Faculty: faculty in term appointments (e.g. sessional lecturers, visiting assistant professors, etc.)
Sample Employers in Higher Education
Western University (Ontario) (5)
City University of Hong Kong (5)
University of Manitoba (3)
University of British Columbia (3)
Simon Fraser University (3)
University of International Business and Economics (3)
Arizona State University (2)
Boston College (2)
University of Toronto (2)
University of Ottawa (2)
Sample Employers Outside Higher Education
Banco de México (2)
Bank of Canada (2)
IBM Research
Ministry of Education - Guyana
Ontario Public Service
Government of the Republic of China (Taiwan)
Royal Bank of Canada
Sample Job Titles Outside Higher Education
Strategic ICT Specialist
Senior Economist
Research Scientist
Senior Financial Specialist
Economic Staff
Consultant / Analyst
Information Organization Manager
Deputy Executive Secretary
Assistant Chief
Head of Research
PhD Career Outcome Survey
You may view the full report on career outcomes of UBC PhD graduates on outcomes.grad.ubc.ca.
Disclaimer
The data show all specializations in Business Administration combined. These data represent historical employment information and do not guarantee future employment prospects for graduates of this program. They are for informational purposes only. Data were collected through either alumni surveys or internet research.
Career Options

Our graduates have been placed very well and have obtained positions at institutions such as Queen's University, York University (the Schulich School of Business), Concordia University, Tsinghua University, and the City University of Hong Kong.

Enrolment, Duration & Other Stats

These statistics show data for the Doctor of Philosophy in Business Administration in Strategy and Business Economics (PhD). Data are separated for each degree program combination. You may view data for other degree options in the respective program profile.

ENROLMENT DATA

 20232022202120202019
Applications2026402837
Offers22225
New Registrations00123
Total Enrolment67765
Disclaimer
Admissions data refer to all UBC Vancouver applications, offers, new registrants for each registration year, May to April, e.g. data for 2022 refers to programs starting in 2022 Summer and 2022 Winter session, i.e. May 1, 2022 to April 30, 2023. Data on total enrolment reflects enrolment in Winter Session Term 1 and are based on snapshots taken on November 1 of each registration year.

Research Supervisors

Supervision

Students in research-based programs usually require a faculty member to function as their thesis supervisor. Please follow the instructions provided by each program whether applicants should contact faculty members.

Instructions regarding thesis supervisor contact for Doctor of Philosophy in Business Administration in Strategy and Business Economics (PhD)
The program will review research interests of applicants and recommend/match faculty members during the application/evaluation process. Applicants should not reach out to faculty members directly.
 
 

This list shows faculty members with full supervisory privileges who are affiliated with this program. It is not a comprehensive list of all potential supervisors as faculty from other programs or faculty members without full supervisory privileges can request approvals to supervise graduate students in this program.

  • Antweiler, Werner (high-tech businesses; innovation; international trade; exchange rates; currency unions; environmental economics; e-business; international environmental issues; trade and the environment; Canada’s National Pollutant Release Inventory (NPRI); public policy and the economics of cannabis prohibition., International Trade and Business, Environmental Economics and Management, Energy and Electricity Economics, Applied Econometrics and Panel Data, Applied Empirical Finance, Prediction Markets)
  • Davidoff, Thomas (Housing, Real Estate, Annuities, Mortgages )
  • Fang, Limin (Empirical industrial organization; Dynamic structural models of competition and marketing dynamics; Digital economy, social learning, retail strategy)
  • Head, C Keith (Strategy/economics)
  • Helsley, Robert (Growth and development of urban areas, the operation of private land markets, and the economic impacts of government tax, spending and regulatory policies)
  • Khmelnitskaya, Ekaterina (Competition, market structure and innovation with a focus on the pharmaceutical industry)
  • Lee, Sanghoon (Urban economics; Real estate economics; Public economics; Labor economics; Industrial organization )
  • Marshall, Guillermo (Industrial Organization; Innovation and Entrepreneurship; Competition policy)
  • Orr, Patrick Scott (International Economics; Industrial Organization; applied microeconomics; applied econometrics; Economics of Crime)
  • Rachapalli, Swapnika (Management and trade; international trade; Innovation; Growth & Development)
  • Ries, John (Economics and business administration; applied microeconomics; Economic Phenomena on a National or International Level; international business; international trade)
  • Somerville, Tsur (Housing markets, Real estate development, Real estate finance, Affordable housing, Economics of cities)
  • Vertinsky, Ilan Boris (Forestry, international trade, natural resource economics, trade, forest policy, softwood lumber agrerement, cross-cultural management)
  • Yang, Ron (Empirical industrial organization; Urban Economics; Transportation Economics)

Doctoral Citations

A doctoral citation summarizes the nature of the independent research, provides a high-level overview of the study, states the significance of the work and says who will benefit from the findings in clear, non-specialized language, so that members of a lay audience will understand it.
Year Citation
2021 Dr. Yang studied the production location and sourcing decisions of multinational firms. By quantifying firms' responses to environmental, trade and competition policy changes, she examined how the interactions between firms and governments affect social welfare. This research illuminates the role of multinational firms in policy design.

Further Information

Strategy & Business Economics covers applications of the disciplines of economics and statistics to topics of relevance for business or business related government policy. Applications include business strategy and international business drawing on insights from industrial organization and international economics. Topics in which faculty members have expertise include entrepreneurship and venture capital finance, international trade and investment; international trade policy, environmental management and policy, industrial organization, competition policy and public enterprise and regulation. 

Program Identifier

VGDPHD-CHXB
 

Apply Now

If you don't have a UBC Campus-Wide Login (CWL) please create an account first.
 

September 2025 Intake

Application Open Date
01 September 2024
Canadian Applicant Deadline
31 December 2024
International Applicant Deadline
31 December 2024
 
Supervisor Search
 

Departments/Programs may update graduate degree program details through the Faculty & Staff portal. To update contact details for application inquiries, please use this form.

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