ECONOMICS

BUSINESS AND MANAGEMENT STUDIES

ACADEMIC yEAr

2012-2013

PhD IN

I am pleased to recommend the PhD in Economics and the PhD in Business and Management Studies, of University of Porto, our

school’s Advanced Programmes.I also congratulate you on your decision to apply to a graduate

programme at FEP, University of Porto. You will start a new cycle of your studies that will be full of challenges and demands

at a University that is known for its scientific quality and rigour. In the next three years, you will have the opportunity to participate in a magnificent learning and research experience that involves a group of highly qualified lecturers and a group of high-ranking students that have been selected to join these programmes. The large number of articles published in academic journals show

the great projection of FEP and University of Porto doctoral programmes.

Moreover, doctoral students easily find employment in the best companies

and institutions in Portugal and abroad, at various business

sectors – banking, industry, retail, distribution and audit or consulting firms – and also develop academic and research careers.The prestige of the University of Porto is the result of the contributions of many people and, if you join us, we will be very proud to count also on your contribution in the future.

Welcome to FEP, University of Porto!

WElCOME frOM ThE DEAN

João F. ProençaDirector and Presidentof the Scientific BoardFaculdade de Economia da Universidade do Porto

Why STUDy IN POrTO?› hISTOry AND TOUrISM

The city’s natural beauty, between the sea and the river, its nightlife and the diversity of the experiences it offers, combined with competitive pricing for tourists, resulted in Porto being elected the Best European Destination in 2012. Porto is the city that gave Portugal its name many years ago (approx. 200 BC), when Portugal was called Portus Cale.It is a city that is world famous for its Port wine, bridges and ancient and

contemporary architecture, its historical centre, which is classified as World Heritage by UNESCO, and for its

football club, FC Porto. The University of Porto is also a key aspect of the city.

› ArChITECTUrE

A city of great beauty with an impressive balance between history and modernity. The Casa da Música

is perhaps the city’s best example of modern architecture. Designed by the

Dutch architect Rem Koolhaas, the Casa da Música is currently the principal location of

cultural events in the city and attracts big names in the international artistic panorama.

› ANIMATION, ENTErTAINMENT AND GlAMOUr

Porto is increasingly famous for its nightlife. Just to mention a few examples, there is the Hard Club, in the renovated Ferreira Borges Market, the galleries of Rua Miguel Bombarda and the bars at Galeria Paris and Rua Cândido dos Reis. The city’s movida was mentioned in the New York Times, which highlighted the new cultural, touristic and leisure opportunities available in the city. The article “36 Hours in Porto Portugal”, by the travel journalist Seth Sherwood, highlights new restaurants and thematic wine hotels, among many other places of interest.

› rIVEr / BEAChES

The view of the city from the River Douro is absolutely astonishing. The scenery is breath-taking and unique in the world. The city’s beaches are all worth visiting, from Castelo do Queijo, to the Ourigo beach. All along the coast, there are beaches for all tastes.

› TEMPErATUrE

Porto has mild climate throughout the year. The average temperature in winter is around 14º, while in summer it is around 25º.

ABOUT fEP AND UNIVErSITy Of POrTO › rESEArCh

› 2 research centres rated as Very Good by FCT: CEF.UP and LIAAD ›› CEF.UP is an Economics and Finance research centre hosted at

FEP and funded by the Science and Technology Foundation (FCT). ›› The Laboratory of Artificial Intelligence and Decision Support (LIAAD)

is one of the R&D Units funded by FCT, and was founded in 1988.› 1 Research Unit in public finances: NIFIP ›› NIFIP is an academic and applied research unit, which intervenes

publicly in the areas of public finance and monetary policy.› 1 Economy and Fraud Management Observatory: OBEGEF ›› OBEGEF aims to promote interdisciplinary research regarding the

parallel economy and fraud in Portugal and in the European and world contexts.

› rEPUTATION

› FEP is part of the University of Porto, the best Portuguese University, according to most international rankings.

› According to the Iberoamerican Ranking SIR 2012, the University of Oporto is ranked in 11th place, in terms of performance in the field of scientific production, among higher education institutions in Latin America, the Caribbean and the Iberian Peninsula.

› Access to higher education in the areas of economics and management: FEP, University of Porto, is one of the top three Management and Economics schools in Portugal in terms of admission marks.

› INTErNATIONAlIzATION

› 3100 students studying at University of Porto, of which 200 studying at FEP, from 33 different Countries from Europe, America and Asia.

› Various foreign lecturers of high International reputation.

1-10 students

11-50 students

more than 50 students

ThE PrOGrAMME INVOlVES SEVErAl VEry WEll-kNOWN fOrEIGN lECTUrErS AND IS OPEN TO INTErNATIONAl MOBIlITy INITIATIVES.

The School of Economics and Management, University of Porto, Doctoral Programme commenced in 1998. The course is rated as a 3rd Cycle Course for the purposes of the Bologna Process.The FEP Economics Doctoral Programme provides its doctoral students with a solid advanced education in Economics and Quantitative Methods, while, at the same time, promoting research skills. The Programme involves several very well-known foreign lecturers and is open to international mobility initiatives.The success of the Programme is very evident from the high number of theses that have already been submitted and the large number of articles published in international journals that are based on them.Doctoral students on the course have easily found employment in businesses and other highly regarded institutions.All of these aspects mean that the FEP Economics Doctoral Programme is a benchmark in advanced studies in Economics in Portugal.

ANTÓNIO BrANDÃODIrEctOr OF thE PhD IN EcONOmIcS

The School of Economics and Management, University of Porto, is a leading school in the fields of economics and management in Portugal with a long experience in teaching and research in these fields. By enrolling in the Doctoral Programme, students benefit from the expertise and experience of this most distinguished research community.The Doctoral Programme in Business and Management Studies started in 2006/2007. It is considered a success story, given the number of applicants, theses completed, and publications (journal papers and conference papers) based on research conducted during the programme.The Business and Management Studies Doctoral Programme includes a one-year coursework with a concentration in one of the five fields of study:• Management Accounting and Control; • Finance; • Marketing and Strategy; • Operations and Logistics; and• Organisation and Human Resources.

After completing the coursework, students have to prepare and present to a panel review of experienced faculty in the field a thesis proposal that sets out the research they intend to undertake in subsequent years.

CArlOS CABrAl CArDOSODIrEctOr OF thE PhD IN BuSINESS AND mANAGEmENt StuDIES

fEP IS A lEADING SChOOl By BOTh NATIONAl AND INTErNATIONAl STANDArDS AND hAS A VAST rESEArCh ExPErIENCE IN ThE ArEAS Of ECONOMICS AND MANAGEMENT.

OBjECTIVES

The PhD programme in Economics aims to provide advanced training in economics and tools that enable students to carry out theoretical and empirical research in economics of high quality. Thus, the programme arises from the point of view of the methodologies and from the point of view of theoretical conceptions at the frontier of knowledge in economics, and plays a role of great importance in more advanced training in economics in Portugal. In addition, the programme looks for internationalization, seeking to assert itself internationally for its scientific quality and performance of doctoral students and faculty in the research.

TArGET GrOUP

The Doctoral Programme is intended for:

• Students with a Master’s degree, or equivalent, which has preferably been obtained in 2nd cycle courses focused on economic analysis and scientific research;

• Students with a Licentiate degree, who have a particularly relevant educational or academic curriculum, which is accepted by the Academic Committee as proof of their ability to undertake doctoral studies;

• Students with an educational, academic or professional curriculum, which is accepted by the Academic Committee as proof of their ability to undertake doctoral studies.

Applicants are required, in all cases, to be very able and willing to acquire advanced knowledge in Economics and to be strongly motivated to apply this knowledge in research work in the area of economics.

21-2557%

26-3017%

31-3513%

+ 5013%

AGE BrACkET

BASIC TrAINING

Economics61%

Other26%

Business and management Studies13%

GENDEr

male70%

Female30%

PrOfIlE Of STUDENTS Of ThE PhD IN ECONOMICS[2010-2011] AND [2011-2012]

PhD IN EcONOmIcS

OBjECTIVES

The main objectives of the Business and Management Studies Doctoral Programme are:

• Examine and integrate concepts and theoretical frameworks in management and related fields, and get a general view of the state-of-the-art knowledge in their field of studies;

• Develop research skills that enable students to carry out original and rigorous research, formulate significant research questions, design empirical research, and analyze and interpret data.

• Encourage the participation of students in international research networks and the publication of their research in international academic journals.

TArGET GrOUP

The Programme aims to promote the training of researchers in the area of Business and Management Studies. Applicants who wish to enrol in this programme must be highly motivated:

• To become a full member of the international research community of management scholars;

• To participate in international conferences;• To submit the research for publication in international academic journals.

Candidates are expected to have earned a master’s degree from an accredited institution in business and management studies or other closely related field. Candidates who have not previously completed a master’s degree in economics, business or management may be required to attend specific training sessions prior to taking the remaining courses in their degree plan.Satisfying minimal standards does not guarantee admission. Admission decisions are based on a number of factors such as the academic degrees and records, the statement of purpose (motivation letter), and relevant work experience. In the statement of purpose, candidates should describe their research interests and aspirations, and motivation to pursue a doctorate degree.Entry into the highest academic degree is not an action to be taken lightly. The pursuit of the doctorate requires a considerable personal sacrifice and time available on the part of the aspirant.

Other2% 21-25

15%

26-3017%

36-4537%

46-507%

31-3522%

Economics28%

Engineering7%

Other24%

Business and management Studies

41%

male59%

Female41%

AGE BrACkET

BASIC TrAINING

GENDEr

PrOfIlE Of STUDENTS Of ThE PhD IN BUSINESS AND MANAGEMENT STUDIES[2010-2011] AND [2011-2012]

PhD IN BuSINESS AND mANAGEmENt StuDIES

SEMESTEr COUrSE UNITS ECTS

1st semester Microeconomics I 7,5

Macroeconomics I 7,5

Microeconometrics 7,5

Mathematical Economics 7,5

2nd semester Microeconomics II 7,5

Macroeconomics II 7,5

Macroeconometrics 7,5

Computational Economics 7,5

3rd semester Advanced Economic Analysis 7,5

History of Economic Thought 7,5

Advanced Topics in Economics I 7,5

Advanced Topics in Economics II 7,5

4th semester Thesis Project 22,5

Seminar 7,5

5th through 8th semester Thesis 120

PhD PrOGrAMME IN ECONOMICS

ACADEMIC COMMITTEEAntónio Brandão, Phd (Director)manuel m. F. martins, PhdÓscar João Afonso, PhdSandra Silva, PhdAnabela carneiro, Phd

ACADEMIC STAffThe course subjects are taught by members of the FEP faculty and by visiting lecturers from other Portuguese and foreign universities.

PhD IN EcONOmIcS

ACADEMIC COMMITTEEcarlos cabral cardoso, PhD (Director)João F. Proença, PhDJoão ribeiro, PhDElísio Brandão, PhDDalila Fontes, PhD

ArEA Of SPECIAlIzATION

compulsory subjects for all areas

MANAGEMENT ACCOUNTING AND CONTrOl

Currents in Management Thought | Industrial and Organisational Economics Research in Management (seminars) | Research Methodologies

Thesis

Project proposal

fINANCE MArkETING AND STrATEGy

OPErATIONS AND lOGISTICS

OrGANISATION AND hUMAN rESOUrCES

research methods and tools in management research (optional subjects in all areas)

Multivariable Data Analysis

Quantitative Analysis and Case Studies

Data Mining

Accounting theory

Management Accounting and Control

Capital Markets Accounting

Social and Environmental Accounting

History of Accounting

Social and Institutional Perspectives on Accounting

Accounting Regulation

Data Structuresand Algorithms

Metaheuristics

Business Finance I

Capital Markets Finance I

Business Finance II

Capital Markets Finance II

Banking and Financial Institutions

Finance in Real Time

Mergers and Acquisitions

Portfolio Management and Optimisation

Business Governance

Information sand Uncertainty

Econometric Methods

Optimization

Optimization in Networks

Marketing Theory

Consumer psychology

Marketing Communications

Distribution Management

Marketing of Services

Business Strategy

International Marketing

B2B Marketing

Brand Study

Innovation Management

Relational Marketing

Stochastic Processes

Dynamic Programming

Decision AnalysisorOperational ManagementorAdvanced Topics in Linear Programming

Conflict Analysis

Warehouse Management

Management of Waiting Lists

Stock Management

Distribution Logistics

Quality and Reliability

Time Series and Forecasting Models

Game Theory

Organisational Behaviour and Human Resources Management and Organizational Theory

Personnel Economics

Organisational Innovation and Creativity

Leadership

Change and Learning in Organisations

Negotiation

Health at Work

Advanced Topics in Human Resources Management

compulsory specialization subjects

compulsoryresearch work

Optional specialization subjects

PhD PrOGrAMME IN BUSINESS AND MANAGEMENT STUDIES

ACADEMIC STAffThe course subjects are taught by members of the FEP faculty and by visiting lecturers from other Portuguese and foreign universities.

PhD IN BuSINESS AND mANAGEmENt StuDIES

1st se

mes

ter

2nd se

mes

ter

3rd th

roug

h6th

sem

este

r

› “The Economics of Health and Health Care: Assessing health determinants and impacts on an aging population”. Luís Pina Rebelo (supervisor: Nuno Sousa Pereira), 2011

› “Macroeconomics of Investment Dynamics and Financing”.Fábio Verona (supervisors: Manuel Mota Freitas and Inês Drumond), 2011

› “Essays on Industry Dynamics and Endogenous Economic Growth”.Pedro Gil (supervisors: Óscar Afonso and Paulo Brito), 2010

› “Unemployment, Worker Flows and Wages Formation in the Portuguese Labour Market”Sónia Torres (supervisor: Pedro Portugal), 2010

› “Three Essays on Hapiness in Economics Exploring the Usefulness of Subjective Well-being Data for the Economic Analysis of Welfare”. Gabriel Mota (supervisor: Paulo Pereira), 2010

› “Essays on New Economic Geography”.Vasco Leite (supervisors: Sofia Castro Gothen and João Correia da Silva), 2010

› “Ensaios sobre Relações entre Manipulação dos Resultados Contabilísticos e o Financiamento das Empresas”. Jorge Manuel Afonso Alves (supervisor: José António Cardoso Moreira), 2012

› “New Public Management, managerialismo e ensino superior: uma análise das transformações”.Dalva Magro (supervisor: Manuel Graça), 2012

› “Gestão e Retenção de Repatriados: um estudo empírico em empresas portuguesas”.Dora Cristina Moreira Martins (supervisor: Teresa Proença), 2011

› “Relevant Factors of Financial Reporting Quality and its Impact on Firm Performance”.Cláudia Maria Ferreira Pereira Lopes (supervisor: António Cerqueira), 2011

› “Marketing Territorial: Interação entre Redes Industriais e Regionais”.Ricardo Alexandre Fontes Correia (supervisor: Carlos Melo Brito), 2010

› “Marketing Relacional e Relacionamento em Mercados B2C: Emoção, Cognição e Disposição Relacional dos Consumidores”.Teresa Maria Rocha Fernandes da Silva (supervisor: João F. Proença), 2010

ThESES COMPlETED

ECONOMICS

BUSINESS AND MANAGEMENT STUDIES

“The Business and Management Studies Doctoral Programme of the School of Economics and Management, University of Porto is a very stimulating and well organised study programme that has particular features that render it truly magnificent. The coursework component is very useful and interesting and affords contact with leading Portuguese and foreign researchers (…). The reading and discussion of my thesis project made it possible to develop the original idea and the contributions made by the panel, throughout the thesis process were essential in terms of the progress of my research work. The exchange of ideas and experiences and creativity are part of the Business and Management Studies Doctoral Programme and I felt that this was a great benefit to me throughout the course because of the opportunities created to share and discuss a wide range of topics in a proactive and success-oriented atmosphere.”

Marisa Roriz Ferreira

“Neverending learning is an essential human need and courses, such as the School of Economics and Management, University of Porto, Doctoral programme in Business and Management Studies, are excellent opportunities to satisfy it. When I applied to join the course in 2007, my main aims were to increase my knowledge in the area of management and to participate in international research. I am achieving both of these goals: additional knowledge that will be of great use to me in my career as a business administrator, and international experience via the encouragement given by the FEP to publish in the best international journals and to read papers at international seminars. I now view the PhD programme not only as an opportunity to “redevelop” myself both practically and theoretically, but above all as an opportunity to improve myself as a person. It teaches me not only to “redevelop” myself but also to “rethink” myself. I am very grateful for the rigour, high standards and quality of the members of the FEP academic staff which made all of this possible.”

Luís Marques

“The PhD in Business and Management Studies allowed me to rediscover the spirit of science in the business world, because there is nothing more practical than a good theory, but also because practice is based on many theories. Being at the forefront of knowledge allows me to question the unquestionable, think the unthinkable and see the invisibility of some of the small great things that happen every day in the dynamic world of business organizations.”

Miguel de Oliveira Tavares

Elena Sochirca

“I am sure that the FEP Doctoral Programme not only provides the indispensable basis for an excellent academic or business career, but is also a wonderful educational experience.”

STUDENT TESTIMONIAlS

“This programme provides its students with the means to develop their reasoning and capacity for logical thought, their critical spirit and capacity to work autonomously and solve the most complex theoretical or practical problems in economics.”

Pedro Gonzaga

“The very international nature of this Programme raises the level of the FEP PhD in Economics to the level of the Doctoral Programmes of major foreign universities and strengthens to good standing and reputation of the School of Economics and Management, University of Porto.”

Vera Rocha

ECONOMICS

BUSINESS AND MANAGEMENT STUDIES

fEP PhD PrOGrAMMES

The School of Economics and Management of the University of Porto (FEP) offers world class doctoral programmes in Economics and Business and Management Studies. These state-of-the-art doctoral programmes are founded on intellectual rigor and innovative insight. School members are committed to prepare the next generation of global economics and management scholars. At FEP, doctoral students have the opportunity to work in a dynamic learning environment and to develop the research skills required for a successful international career. Students are encouraged to spend part of their course time abroad. FEP has a very international atmosphere with a significant number of foreign students.

INfOrMATION AND CONTACTSFurther information can be obtained from the Postgraduate Programmes

Office. An experienced and committed team is available to provide personalised

assistance to every applicant.

Postgraduate Programmes Office:

M.ª Fernanda Silva, mfsilva@fep.up.pt

Faculdade de Economia da Universidade do Porto

Rua Dr. Roberto Frias, 4200-464 Porto

Tel. +351 225 571 100 – Fax. +351 225 505 050

www.fep.up.pt

OthEr INFOrmAtIONS: www.FEP.uP.Pt | www.FAcEBOOk.cOm/Gmc.FEP

APPlICATIONSApplicants must apply on-line (www.fep.up.pt) from 7th to 27th May 2012, and

attach the following documents: Copy of ID Card or Passport; Photo; Curriculum

vitae; Academic qualifications certificates (including subject certificates); a

statement of purpose (motivation letter); Two letters of recommendation

(optional).

Candidates for the PhD Programme in Business and Management Studies

should attach a statement of purpose (max. 3 pages) describing their specific

research interests, the reasons for doing a doctorate at FEP, their purpose for

seeking a PhD degree and how conducting research in this area will help them

fulfil their career objectives.

VACANCIES15 vacancies for the PhD in economics.

25 vacancies for the PhD in Business and Management Studies.

TUITION fEESECONOMICSFuLL-tImE StuDENt:2750 € / Year (subject to the approval of the University of Porto).

PArt-tImE StuDENt:75% of the course fee, to be set by the University of Porto. A part-time student is

deemed to be a student that signs up for no more than 37.5 ECTS credits, each year.

BUSINESS AND MANAGEMENT STUDIESFuLL-tImE StuDENt:3000 € / Year (subject to the approval of the University of Porto).

PArt-tImE StuDENt:75% of the course fee, to be set by the University of Porto. A part-time student is

deemed to be a student that signs up for no more than 37.5 ECTS credits, each year.

DEGrEESuccessful students will be awarded a PhD degree in either Economics or

Business and Management Studies.

PrOGrAMME DETAIlSThe courseworks is taught and studied in English. The thesis may also be

written in English.

The PhD in Economics generally takes place during normal working hours

during the week, although some course units or unit modules may take place

after working hours or on Saturday mornings.

Sessions in the PhD in Business and Management Studies generally take place

during late afternoon and evening (after 6.30 pm) on weekdays. Exceptionally,

sessions may be scheduled during normal working hours.

In addition to participating in the Doctoral Programmes students are encouraged

to attend research Seminars regularly organised at FEP and typically supported

by the Research Units.

GrANTSThe Programme encourages and provides assistance to doctoral students

in applications for grants and other financial aid, namely to Science and

Technology Foundation (FCT), the main Portuguese science foundation.

Faculdade de Economia da Universidade do PortoRua Dr. Roberto Frias | 4200-464 Porto | T. 22557 1100Undergraduate, Master and Phd Programmes

Students who do not have academic background in Economics and Business

Administration may be advised to attend a small course at FEP