Sharique Hasan

Applying to PhD Programs in Strategy and Management

Do you want to pursue a Ph.D. in strategy or management? As someone who has managed two Ph.D. programs and overseen admissions at Duke University (in strategy) and Stanford University (in organization theory and macro organizational behavior), there are two key factors to consider when applying: quality and fit.

Quality refers to the ability of the student to excel in the Ph.D. program and conduct high-quality research with dedication and creativity. Fit refers to the student’s alignment with the research areas of the faculty and the identity of the program.

During the admissions process, departments typically receive 50 to 150 applications, and the number of available slots varies across schools. Most strategy programs aim for an incoming class of 2 to 3 students each year. Admissions rates range from 8% to 2.5%, depending on the number of applicants.

The first step in the admissions process involves sorting students into piles based on their academic achievements, such as their grades and GRE scores, and their research experience. The A pile usually consists of top-tier students from elite universities, while the B pile consists of students with strong credentials from lesser-known schools, student’s with weaker records from elite schools, or those with atypical majors. The C pile includes students with significant discrepancies in their records (e.g., low grades, low GRE scores, etc.) but may possess other qualities that make them suitable for research careers. The D pile typically consists of students who would not be admitted to the program.

Faculty members then evaluate each candidate’s research fit and potential as a researcher. The admissions decision depends on both the candidate’s ability and fit with the research areas of the faculty.
You must signal your ability and fit convincingly to the faculty to increase your chances of getting into the best program. Grades, GRE scores, and the difficulty of the undergraduate curriculum are critical factors that determine ability. Fit can be demonstrated through relevant research experience and coursework.

Students in the A pile are likely to get into most of the top schools they apply to, while those in the B pile can increase their chances of being admitted to the A pile by working with relevant faculty and obtaining strong letters of recommendation. For C pile students, obtaining a master’s degree and using it to take challenging classes and conduct research can reduce the uncertainty of the faculty committee and move them from the C pile to the B pile.

In summary, reducing uncertainty about your ability and fit with the program is key to being admitted to a top Ph.D. program. Obtaining a master’s degree and building strong relationships with faculty members can increase your chances of being admitted.