Integrated M.Sc. and Ph.D. in Behavioural Science

Course Structure

Programme Structure

To graduate with an integrated M.Sc. and Ph.D. in Behavioural Finance, students must complete:

-A minimum of 40 credits in Year 1

-Preparatory coursework for Ph.D. (year 2)*

-All other requirements towards successful completion of Ph.D. Degree*

*as per JGU PhD regulations

YEAR 1 (Semesters 1 and 2)*

  • Statistics and Decision Science with Excel
  • Cognitive Psychology of Biases
  • Financial Accounting and Reporting
  • Introduction to Behavioural Science
  • Fintech and Applications
  • Behavioural Finance
  • Consumer Behaviour: Theory and Application
  • Corporate and Behavioural Ethics
  • Financial Management: Principles and Applications
  • Introduction to Quantitative Modeling
  • * tentative list of courses that is subject to revision.

YEAR 2 onwards

Ph.D. course work

All Ph.D. students will have to undergo mandatory research related courses offered by the Office of Doctoral Studies. Students will also be required to study three specialization/ advanced courses in the field of Behavioural Finance or related areas offered by JSBF/JIBS. In addition, students will have an opportunity to choose elective courses from any of the schools of JGU, with prior approval of the Faculty Advisor.

Thesis proposal

Starting from the second year, students will have 18 months (24 months in case of non-residential students) to work on the proposal for Ph.D. dissertation under the supervision of Faculty Advisor/ Supervisor(s). Candidate will be required to present the proposal to a committee and once approved, they will move to the next phase of Ph.D.

Thesis Work

Starting in their second year, Ph.D. students are expected to work on the Ph.D. dissertation under the guidance of a Faculty Advisor/ Supervisor(s). Comprehensive thesis work will typically entail a comprehensive topic research, literature review, data collection, analysis, publication of research paper(s), conference presentation, and writing of the thesis.

Thesis Defense

Once approved by Faculty Advisor/Supervisor(s), candidates can submit the dissertation for defense as per the JGU policy. On successful completion, integrated Ph.D. students will be awarded M.Sc. in “Behavioural Finance” and Ph.D. in “Behavioural Finance”.



Ph.D. programme (excluding 1st year M.Sc.) shall be for a minimum duration of three years including course work and a maximum of six years.


Extension beyond the above limits will be governed by the relevant clauses as stipulated in the Statute/Ordinance of JGU policy.