The Department offers three doctoral program concentrations:
Each of the concentrations has specific course requirements. Within that framework, each student's course of study is designed to accommodate his or her individual background, experiences and objectives. Although each concentration has a unique structure, students are encouraged to interact with faculty and students from all three areas on a regular basis. Student development is assessed in terms of competence in theory, practice and research skills essential to the advancement of knowledge in his or her chosen area. The Departmental course offerings for graduate students are structured as small seminar courses, usually five to ten students, providing in-depth study and close faculty contact.
Each doctoral student is assigned a faculty adviser upon entering the program. The adviser helps the student plan out his or her course of study. In addition, the adviser provides specific advice about faculty, courses and research. Often the faculty adviser becomes the student's dissertation supervisor once he or she has advanced to candidacy.
The primary areas of specialization offered in this IROM doctoral program are IS, RADM and SCOM, but students may take courses and select doctoral committee members from a broad interdisciplinary spectrum as well. Recent IROM graduates have developed programs of study that tie into such non-business disciplines as computer science, mathematics, psychology, communications, and engineering. Major topics in the IS area include virtual work arrangements, electronic commerce, the business value of information technology, and strategic information systems. Major topics in the RADM area include decision analysis, quantitative finance, and risk management. Research areas in decision analysis include both normative and descriptive work on decision making under risk and with conflicting objectives. Quantitative finance includes research related to financial engineering, real options, and numerical methods for solving financial models. Risk management is concerned with insurance and other approaches to managing financial, international, and corporate risks.
Frequently Asked Questions
- When do new students begin?
New students enter the program in the fall semester. The semester typically begins near the end of August. We do not accept new students in the spring semester under any circumstances.
- When is the department's deadline for the PhD program?
Application deadline for the Department of IROM is January 5. All applications must be submitted by this date.
- Can I request a paper application?
Sorry, the paper application is no longer available. Applicants must apply online at Texas Common Application
. Please follow the instructions carefully.
- What form of financial aid do you offer?
We offer University Pre-emptive Fellowships or McCombs School of Business Fellowships to our most qualified applicants. In addition, we offer 20-hour per week teaching or graduate research assistant positions. If you have a 20-hour appointment or hold a pre-emptive fellowship, you will qualify for in-state tuition.
- How long does it take to get a Ph.D.?
Normally, students complete their dissertation work in the fourth or fifth year of the program.
- Which standardized tests must I take and when must I take them?
The IROM Department will accept either the GMAT or the GRE. For your scores to be acceptable, you must have taken the exam within the last five years. In order to be considered for the University Pre-emptive Fellowship, your scores must arrive before the January 5 deadline.
International students must submit an official report of the Test of English as a Foreign Language (TOEFL). An exception is made for foreign students who obtained a Bachelor's degree in the US or other English-speaking countries. A Master's degree does NOT qualify for an exception.
- What is the minimum Test of English as a Foreign Language (TOEFL) test score?
A score of 550 (paper test), 213 (computer-based test), or 79 (internet-based test) on the TOEFL is considered the minimum acceptable for admission to The University of Texas at Austin.
- How competitive is the admissions process?
Because the concentrations differ in terms of applications received, the average GMAT and GRE scores, and the number of positions available, a simple answer cannot be given. However, competition in all three concentrations is keen, and admitted applicants ordinarily have test scores above the 90th percentile. They also have very high grade point averages from their undergraduate institutions. Master's degree and work experience are not required for admission. The admissions committee will evaluate all aspects of an applicant's background.
- When will I receive notification of the admission decision?
Although the notification dates for each concentration varies slightly, admissions decisions are usually sent out by early March