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PhD Course Offerings

Each department in Fisher College of Business offers a number of different PhD courses. Click on the links below to see what each department is offering this year.

• Department of Accounting and MIS
• Department of Finance
• Department of Management and Human Resources , including: -International Business -Strategy/Entrepreneurship -Human Resources -Organizational Behavior
• Operations and Business Analytics (Operations Management)
• Department of Marketing and Logistics

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©2024 Fisher College of Business

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Where principled leaders are created. 

Each year, motivated students from around the world choose to pursue their graduate studies at Ohio State's Fisher College of Business. By prioritizing each student's individual goals, we're able to deliver impressive career outcomes and personalized experiences. Join a tight-knit, supportive program at a large university with a global reputation for success. Complete the form on this page to download the Fisher Graduate Programs Brochure and find the right fit for your personal and career goals. 

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If you plan on applying, we encourage you to  register by creating a login to access the application and portal home page. Fisher's portal is where we provide personalized info, status updates, and more. Admitted students will use this same portal to ensure they're ready for enrollment.

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Business Administration Doctor of Philosophy

Doctoral students who choose business administration can select from a number of areas of emphasis:

• Human Resource Management
• International Business
• Organizational Behavior
• Strategy/Enterpreneurship
• Operations Management
• Logistics 

The program consists of three phases of study and a series of evaluations:

• Develop competency in the functional areas of business
• Develop competency in the major, minor and research tools areas (statistics and econometrics).
• Work on the dissertation.

A series of formal evaluations measures progress in the program and provides students with appropriate feedback. Most PhD courses follow a seminar format, in which students read and discuss contemporary research in an informal classroom setting. Courses in minor area and research tools may follow regular classroom format.

For complete information, go to: PhD Programs .

If you have a disability and experience difficulty accessing this content, please contact [email protected] .

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OSU ECONOMICS PH.D. PROGRAM APPLICATION: FREQUENTLY ASKED QUESTIONS

1.     Can I earn an MA in Economics at The Ohio State University?   Yes, but the Department of Economics at OSU does not offer a stand-alone or terminal M.A. program, and admits only the Ph.D. program applicants. Once admitted to our Ph.D. program, you can obtain our M.A. in Economics en route to your Ph.D., usually at the end of the first year curriculum. Also, Ph.D. students in non-economics programs at OSU can obtain our M.A. in Economics by meeting both the course and exam requirements.   2.     Can I apply to your Ph.D. program with just a Bachelor’s degree?   Yes, students must have successfully completed or be expected to complete the minimum of a four-year U.S.  Bachelor’s degree or its equivalent at the time of their matriculations.   No Master’s degree (M.A. /M.S.) is required for your Ph.D. application.    3.     Do I need to have a Bachelor’s degree in economics to apply to the PhD program?   No, we do not require a Bachelor’s degree in economics to apply to our Ph.D. program.   However, our curriculum presumes that a prospective graduate student has a strong undergraduate program in mathematics and statistics.   We also recommend that your undergraduate curriculum includes courses in intermediate microeconomics, macroeconomics, and basic econometrics.   4.     Do you accept applicants with a three-year Bachelor’s degree?   Applicants are required to have completed an equivalent of a four-year U.S. Bachelor’s degree prior to matriculation.  A three-year foreign degree will not usually do.   Applicants should contact Graduate Admissions to determine if they meet this requirement for admission at http://gradadmissions.osu.edu/gpcontacts.html .   5.     Do I need to submit my degree certificate with my application material?   No, we require your official transcripts, not your degree certificates, to complete your application. Remember to upload one set of scanned official transcripts per institution online to OSU Graduate Admissions.   6.     Where do I send official transcripts?   Upload one set of scanned official transcripts per institution online for Grad Admissions. See the Application Checklist webpage for more information.   7.     How long are my GRE and TOEFL scores valid?   GRE scores are valid for up to five years following the test date. TOEFL scores are valid for up to two years following the test date.   8.     What are your GRE and GPA requirements for admission?   Applicants must have the minimum 3.00 undergraduate GPA for graduate admission with our without financial support.  The GPA benchmark for financial support considerations including fellowships is a cumulative undergraduate GPA of 3.60. However, you may still be eligible for funding even if you do not meet this requirement; we will evaluate your entire application to see if there may be other strengths that compensate.     9.     Do I need to take the TOEFL if I am pursuing a Master’s degree in the US?    You are exempt from taking the TOEFL if you receive a four-year Bachelor’s degree or higher in the US. See additional information regarding language requirements here .   10.  Do I need to submit a writing sample?      It is not required, but is encouraged.     11.  Is Statement of Purpose required to complete my application?  What is a Statement of Purpose?   Yes, you are required to submit Statement of Purpose (SOP).   Your SOP should articulate in approximately 1-1.5 pages (1) your reason and motivation for pursuing a Ph.D. in economics to attain your career goal, and (2) at least two prospective fields of concentration and your reason for these fields.  Your GPA and course performance can be read from your transcripts.  Your major achievements such as honors and awards should be in your C.V.  Your academic record, strengths and potential should be stated in the letters of recommendation we receive.    Use SOP to state aspects that are not obvious from your transcripts, C.V. and letters.     12.  Will you accept recommendation letters from former employers?   It is strongly recommended that an applicant obtain at least three academic recommendation letters from individuals who can provide a credible assessment of the applicants’ academic preparedness for graduate study.  Seek someone who can state and qualify your academic strengths and research potential beyond what we can see in your transcripts.    13.  Can the department waive my application fee?   No, applicants are solely responsible for all fees associated with their application process to our Ph.D. program.   14.  Do I still have to submit hard copy versions of my application material if I submitted the same material online?   No, any application material submitted online need not be posted via mail or delivery services.   15.  Will you accept application material submitted after the application deadline?   We expect that applicants make a concerted effort to submit completed application materials by our published deadlines.  Any applicant requesting financial support should officially apply online, send all required application material, and pay the application fee by  the published deadlines.  Applications received after the published deadlines will be reviewed to the best of our capacity, but can miss the first round of admissions and a chance for financial support considerations.   16.  Do you offer any Teaching or Research Assistantships for first-year Ph.D. students?   No, except for very special cases, we do not offer teaching or research assistantships for our first year students.  Students are eligible for Teaching or Research Assistantships beginning in the second year, contingent upon their normal academic progress.     17. What is the timeline of the funding award process?   After the November 30 deadline, our committee evaluates all applications and makes nominations for the University Fellowship competition in mid-January. The results of the competition are announced in mid-February. However, if you have been admitted, even if you do not receive a University Fellowship, it does not necessarily mean you have been eliminated from consideration. The department awards funding on a rolling basis between mid-February and April 15. Note that due to the nature of the process, it is not always possible to estimate when awards can be made in advance.   We abide by the Council of Graduate Schools April 15 resolution , which states in part that “Students are under no obligation to respond to offers of financial support prior to April 15; earlier deadlines for acceptance of such offers violate the intent of this Resolution.” All offers of financial support are made on this understanding.    Don’t see your question above? Contact Rick Tobin, [email protected] with more questions.

Ohio State University (Fisher) Full-Time MBA Program

Graduate School (Business) • Columbus, OH •  

Graduate School (Business) • Columbus, OH

More from This School

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Ohio State University (Fisher) Business School Overview

The Max M. Fisher College of Business at Ohio State University (Fisher) offers these departments and concentrations: accounting, consulting, entrepreneurship, finance, general management, human resources management, international business, leadership, marketing, production/operations management, organizational behavior, real estate, and supply chain management/logistics. Its tuition is full-time: $30,231 per year (in-state); full-time: $57,960 per year (out-of-state); part-time: $25,512 per year (in-state); part-time: $49,144 per year (out-of-state); executive: $115,000 total program (in-state); and executive: $115,000 total program (out-of-state). At graduation, 83.70 percent of graduates of the full-time program are employed.

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At-a-Glance

School Type

Enrollment (ALL Programs)

Programs Offered:

Full-time MBA, Part-time MBA, Specialty Masters, Executive MBA

From the School

There's studying business -- and there's experiencing it.

From aspiring business leaders to C-suite executives, graduate programs at The Ohio State University Max M. Fisher College of Business are shaping the future of business.

Fisher’s nine degree and three graduate certificate programs connect you with the proven strengths of business education at Ohio’s flagship university – innovative curriculum, world-class faculty and a vast network of partnerships that reach from the surrounding business community to multinationals, nonprofits and startups across the globe. The opportunities, connections and brand recognition made possible by the graduate student experience are unmatched at Ohio State, one of the nation's largest research universities with 580,000 alumni in more than 150 countries.

Explore our graduate programs and see how they can help shape and accelerate your journey to professional success.

• Full-Time MBA  (STEM)
•  Working Professional MBA (part-time)*
• Executive MBA
• Master of Accounting  (STEM)
• Master of Business Operational Excellence
• Master of Human Resource Management
• Master of Supply Chain Management*
• Specialized Master in Business – Analytics*
• Specialized Master in Finance  (STEM)
• Non-Degree and Topic-Based Offerings

Business education in real-time.

Graduate business students at Fisher are equipped to solve the challenges of business as it's happening. From learning how to harness the power of data and business analytics to diving deep into the complexities of today's markets and supply chains, Fisher students benefit from a college-wide focus on continuous innovation in all we offer.

With nearly 100 virtual and in-country global opportunities and programs, 10 research centers of excellence and unparalleled access to top faculty and recognized industry leaders, Fisher has the tools to help you reach you career goals.

LEARN AT THE CENTER OF BUSINESS: CAMPUS, CITY AND CULTURE

Experience what makes Columbus, Ohio, the 14th-largest U.S. city, a destination for top companies and a vibrant place for individuals to study, work and live.

· 27 Fortune 500 firms are located in Ohio · 61 Fortune 1000 firms are located in Ohio · 2+ million residents in Columbus (U.S. Census Bureau)

View the Fisher Impact Report

TRANSFORMATIVE ON-CAMPUS EXPERIENCES

Graduate students are part of a culture driven by curiosity, lifelong learning and individualized support that forges career-shaping connections. The Fisher experience provides students with a small, collaboratively competitive learning environment with access to the depth and breadth of The Ohio State University. The graduate student experience is the best of two worlds: intimate business education at a large university in a city at the heart of it all.

DISTANCE LEARNING (ONLINE) FLEXIBILITY

Three of Fisher's degree programs —the Working Professional MBA, Specialized Master in Business Analytics, and Master of Supply Chain Management — can be completed 100% online thanks to technology that provides in-demand distance learning opportunities for students and partners. A fourth program, the highly ranked part-time Working Professional MBA, can be completed on-campus, online or a mix of both.

DEDICATED SUPPORT

Students in all graduate programs benefit from a support team of coaches, mentors and academic advisors designed to help them grow as students and as professionals. A dedicated Office of Career Management guides students from the classroom to the workforce, while Fisher’s network of engaged alumni, friends and partners provides countless mentorship and connection opportunities.

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Ohio State University (Fisher) 2024 Rankings

Overall Score

Full-time graduates employed at graduation (2 year average)

Full time graduates employed three months after graduation (2 year average)

MBA Program Rankings

• # 30 in Best Business Schools  (tie)
• # 10 in Part-time MBA  (tie)

Business School Specialty Rankings

• # 9 in Accounting
• in Management
• in Marketing
• # 8 in Production / Operations
• # 6 in Supply Chain / Logistics

MBA Programs: On-Campus/Online

The Ohio State University Fisher College of Business develops principled leaders through top-ranked MBA and specialized master's programs, distinguished faculty and innovative partnerships. You'll benefit from an experiential curriculum, career-focused personalization and a breadth of resources unique to Ohio State, one of the nation's largest research universities with 580,000 alumni in more than 150 countries. On-campus or online, your success is our focus.

Application fee

Test-optional admissions

Admissions Website

Ohio State University (Fisher) Admissions

Applicants :

(full-time)

UNLOCK WITH COMPASS

Upcoming Events at Ohio State University (Fisher)

Request an individual campus visit

Monday, January 1 (9:00 AM) - Wednesday, December 31 (5:00 PM) ET

Working Professional MBA Program & Admissions Overview Info Session

Monday, June 3 (6:00 PM) - (7:00 PM) ET

Thursday, July 18 (6:00 PM) - (7:00 PM) ET

See all upcoming events »

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See how this school scored on the key indicators used in the rankings.

Three generations of Fisher MBA graduates. 🌟 Read more about recent #OSUGrad Noah Wheeler and why he chose to follow his grandfather and father's footsteps. 🔗

#BusinessBuckeyes abroad in Taiwan, Portugal and Italy. ✈️

When Fisher alumnus Imran Nuri (BSBA ‘20) wasn’t sure of his next step in life, he decided to seek advice from 1,000 strangers across the U.S. 🌎 The 25-year-old entrepreneur documented his journey in the recently published book, “Advice from America: Life Advice and Photos of 1,000 Strangers from 48 States.” What advice does Imran have for fellow Buckeyes? “Follow your path.” Read the full story linked in our bio! #BuckeyeForLife

Full-Time MBA Cost

Tuition & Fees (In-State/Out-of-State)

$31,257 / $58,986

Room & Board, Books, and Misc

Financial Aid Available?

Ohio State University (Fisher) Cost

Student population.

Graduate Enrollment

Total Enrollment

Full-Time Degree-Seeking Students

Ohio State University (Fisher) Student Body

Gender distribution :

Minority Enrollment

International

American Indian

Two or more races

Pacific Islander

Not Specified is not included in this breakdown due to an enrollment of 0%.

Department Concentrations

• accounting consulting
• entrepreneurship finance
• general management human resources management
• international business leadership
• marketing production/operations management
• organizational behavior real estate
• supply chain management/logistics other

Ohio State University (Fisher) Academics

Career & salary.

Base Salary By Occupation

# REPORTING JOBS

AVERAGE BASE SALARY

Number reporting operations/production jobs

Number reporting general management jobs

Number reporting finance/accounting jobs

Number reporting management information systems (MIS) jobs

Number reporting consulting jobs

Number reporting human resources jobs

Number reporting having jobs in other areas

Ohio State University (Fisher) Career and Salary

Specialty master's admissions.

Test-optional admissions (Specialty)

Specialty Master's Students

Minority Students

International Students

Ohio State University (Fisher) Student

Gender distribution (Specialty) :

Business School details based on 2023 data.

The MBA Career Services & Employer Alliance's Standards for Reporting Full-time MBA Employment Statistics are the globally accepted platform by which business schools capture, analyze and distribute employment data in order to ensure accurate and comparable information is provided to internal and external stakeholders. The Standards Compliance Review Program is an optional opportunity for schools to have their employment data reviewed by an external firm to ensure it complies with the Standards. Schools that make their employment data eligible for a review are providing an external acknowledgement that their data is collected using the Standards, and is accurate and comparable with other schools.

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The Graduate School at Ohio State aspires to be a national leader with robust and impactful advanced education programs to produce skilled, diverse graduates that will be successful, sought-after leaders in knowledge, innovation and creativity; as well as embody an awareness and engagement of individual and societal inclusion, to influence the world.

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Applications open for students exploring academic research careers in hematology workshop, 2024 search workshop.

Students Exploring Academic Research Careers in Hematology (SEARCH) is an interactive educational workshop for students to explore careers in biomedical research.

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2023-24 Sees Three Postdoctoral Scholar Mentor of the Year Award Recipients

Each year, this award is presented to a postdoctoral scholar who has demonstrated exceptional mentoring capabilities when engaging with trainees and other members of their lab group. The individual(s) who is/are chosen must demonstrate leadership, communication, and management skills, and help foster a supportive lab environment. 

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If you are just starting out or you are planning to complete your degree soon, the Graduate School is here to support you through registration for courses, career skills building, and defending your dissertation and thesis.

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Faculty and staff are at the heart of supporting graduate education at Ohio State. The Graduate School is here to work with you to provide resources for recruitment, fellowships, new program development and through graduate faculty committees.

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Established in 1984, The Office of Diversity, in coordination with advocates and allies across campus, design and deliver recruitment, retention, professional development, and community building strategies that advance the mission and vision of The Graduate School and further the organizational diversity and inclusion objectives of Ohio State University.

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Today, graduate education is a way to help students achieve their career goals. More specifically, it is an investment in their future through quality education in the graduate student’s chosen profession. Learn more about Career Building Strategies .

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Graduate-Programs-MS and PhD Operations Research

Operations research.

Operations Research (OR) applies advanced analytical methods to help make better decisions. Employing techniques such as:

• mathematical modeling,
• statistical analysis, and
• mathematical optimization

Operations research arrives at optimal or near-optimal solutions to complex decision-making problems.

The ISE Department at the Ohio State University has a premier graduate program in operations research. The research focus is both on:

• methodology (data analytics, optimization, and stochastic processes)
• applications (cloud computing, cyber and homeland security, energy systems, logistics and supply chain, social networks, sustainable mobility, water resources management)

Up to 3 University and College Scholarships and Fellowships are available for first-year PhD students. To be considered, please complete your application by November 30th .

To be considered for Department Teaching and Research Assistantships and Scholarships , please complete your application by January 1st.

Operations Research Degree Programs

The ISE department at the Ohio State University offers two degree programs (MS and PhD) in OR:

• Master of Science (MS) in OR builds fundamental OR skills with an emphasis on the application of these skills in practice
• Doctor of Philosophy (PhD) in OR is academically rigorous with an emphasis on scholarly research and achievement. PhD students are prepared for academic placements and research-oriented positions in government and industry

Graduates of the OR PhD program at the Ohio State University lead successful careers in:

• Academia: Air Force Institute of Technology, Bowling Green State, Korean Advanced Institute of Science and Technology, National University of Singapore, University of Alabama, University of Ghana Business School

Why Study Operations Research?

• One of the Best Business Jobs: Operations Research Analyst Ranked #2 Best Business Job. Source: U.S. News and World Report
• Increasing Job Opportunities: Operations Research Analyst (increase 22% by 2018) Management analyst (increase 24%) Computer systems analyst (increase 20%). Source: Bureau of Labor Statistics

Graduates of the OR MS and PhD programs at the Ohio State University lead successful careers in:

• Industry : American Woodmark Co., Bell Labs, Flexis North America, General Motors, Goodyear, Honda, J.P. Morgan Chase, Lightning Bolt Solutions, Pacific Gas and Electric, Qualcomm, SABRE, Samsung
• Government : Battelle Memorial Institute, Center for Naval Research, the Coast Guard

INFORMS Student Chapter at OSU

The Institute for Operations Research and the Management Sciences (INFORMS) is the largest society in the world for professionals in the field OR, Management Science, and Analytics.

The INFORMS Student Chapter at OSU serves as a forum to forge intellectual connections with faculty, students, alumni, and professionals that lead to publications, job opportunities, consulting relationships, and internships.

INFORMS Student Chapter at OSU activities include:

• OSU INFORMS Lecture Series
• Volunteering in regional workshops and conferences
• Tutorials on software (e.g., LaTeX, MATLAB, Cplex)
• Social events (e.g., monthly happy hours, potlucks)

Student Demographics : Female: 28% PhD: 45% MS: 55% (2018)

Operations Research Graduate Curriculum

• Optimization:  ISE 5200 Linear Optimization, ISE 7250 Operations Research Models and Methods
• Stochastic Processes:  ISE 6300 Simulation for System Analytics and Decision-Making
• Statistics:  ISE 5110 Forecasting, Regression, and Design of Engineering Experiments
• Optimization:  ISE 7200 Advanced Nonlinear Optimization
• Stochastic Processes:  ISE 7300 Stochastic Processes 
• Optimization:  ISE 5220 Complementarity Modeling and Applications (in Spring 2015, this course was offered as ISE 5194 (32873 and 32874)), ISE 6220 Network Optimization, ISE 6290 Stochastic Optimization, ISE 7210 Large-Scale Optimization, ISE 7230 Integer Optimization, ISE 7420 Sequencing and Scheduling
• Stochastic Processes:  ISE 5350 Probabilistic Models and Methods in Operations Research (in Spring 2015, this course was offered as ISE 5194 (32871 and 32872)), ISE 7100 Advanced Simulation 
• Optimization:  ISE 8299 Special Topics in Optimization. Topics can include: Heuristics and Global Optimization, Graphs and Networks 
• Stochastic Processes:  ISE 8399 Special Topics in Stochastic Processes. Topics can include: Queuing Networks ,Stochastic Control, Electricity Markets, Energy Systems , Water Management 
• ISE 5410 Quantitative Methods in Production and Distribution Logistics, ISE 5830 Decision Analysis, ISE 5840 Market Engineering

Prior to admission, students intent on graduate studies in operations research should be proficient in the following areas (Students without evidence of this material on their transcripts will have to demonstrate proficiency with the subject matter. This can be accomplished via appropriate coursework, at either the undergraduate or graduate level, to be determined in consultation with the academic adviser.):

• Vector calculus
• Optimization
• Calculus-based probability
• Probability-based statistics
• Linear algebra
• Computer programming (e.g., C, C++, Java)

All OR Graduate Students must satisfy degree requirements defined in the Industrial and Systems Engineering Graduate Student Handbook. Specific requirements for OR students include “OR Fundamentals,” “Non-OR ISE Fundamentals,” and a course sequence in an application area, as indicated below:

• OR Fundamentals: 5110, 5200, 6300, 7250, 7883 (2 semesters)
• Non-OR ISE Fundamentals: One 5000-level or higher ISE course in human factors or manufacturing engineering, subject to approval of the advisory committee
• Application Area: At least 3 units in an application, subject to approval of the advisory committee
• M.S. thesis
• pass the OR M.S. exit exam
• earn a B or higher in a 6000 or higherlevel course in operations research (in addition to OR fundamentals for MS students) that is at least 3 units and has a project requirement (more details are shown later)
• OR Fundamentals: 5110, 5200, 6300, 7200, 7250, 7300, 7883 (3 semesters)
• Application Area: At least 6 units in an application, subject to approval of the advisory committee
• Special Topics: Dedicated OR Ph.D. students are expected to take as many elective and special topics courses as their schedules permit

During the first three semesters, Ph.D. students are expected to identify a potential research topic of interest and a faculty adviser. Undertaking independent study (ISE 6193 or ISE 7193) is the recommended method of accomplishing this.

2.1 M.S. Exit Examination for ISE M.S. students studying operations research

• The M.S. Exit Examination is administered annually during the week after Spring final complete. Any ISE graduate student who achieves an overall GPA (including all courses taken at OSU) of 3.00 is eligible to take the exam. Those students who are planning to graduate in Fall should take the exam in the preceding Spring semester. The process to sign-up for the exam will be announced during Spring semester. Students intending to take the exam must sign-up before the announced deadline, so there is sufficient time to check that the grade eligibility requirement is satisfied.
• Optimization : Integer and Linear Programming Formulations and Solution Methods; Linear Programming Theory and Duality; Complexity Theory; Convexity
• Stochastic Processes : Random Variables; Probability Distributions; Conditional Probability and Expectations; Markov Chains; Random Number Generation; Simulation Theory
• Statistics : Parametric and Non-Parametric Hypothesis Testing; Distribution Fitting; Regression
• After the exams have been completed, the OR Faculty meet to discuss each student’s performance on the exam and performance in classes taken. Based on this, the faculty determine whether each student has “passed” or “failed” the examination.
• A student who has failed the examination, may be deemed eligible to retake it. Students who are deemed eligible to retake the exam must do so the next time that it is offered. No student will be eligible to take the exam more than twice.

2.2 A project-based operations research course with at least a B grade

• Student must earn a B or higher in a 6000 or higher-level course in operations research. This course must have a project requirement, and it must be at least 3 units.
• This course cannot be any of the OR fundamentals for M.S. students (ISE 6300, 7250).
• This course cannot be counted toward any of the other minimal degree requirements. For instance, this course cannot be the same as the only 3-unit course that is counted toward an application course. It cannot be a non-OR ISE course as well; observe that such a course is a non-OR course.
• The project must be done as an individual.
• ISE 6220 Network Optimization
• ISE 6290 Stochastic Optimization
• ISE 7100 Advanced Simulation
• ISE 7210 Large-Scale Optimization
• ISE 7230 Integer Optimization
• ISE 7420 Sequencing and Scheduling
• ISE 7300 Stochastic Processes
• An independent study with a report at the end.
• You may be asked to bring a copy of your project topic and report to make sure this requirement is fulfilled.

Both options 2.1 and 2.2 require a two-member committee for graduation by the graduate school. The first member of the committee should be the M.S. adviser. The second committee member is typically the professor who taught the project-based course in option 2.2, and the faculty coordinator for the OR M.S. Exit exam in option 2.1

Qualifying Examination for ISE Ph.D. students studying operations research

• Successful completion of the Ph.D. Qualifying Examination is a prerequisite for taking the Candidacy examination. Thus, students who do not pass the Qualifying Examination are not able pursue a Ph.D. in operations research.
• The OR Ph.D. Qualifying Examination is administered annually during the week after Spring finals complete.
• Any ISE graduate student who achieves a GPA of 3.30 or higher in the OR Fundamentals (ISE 5110, ISE 5200, ISE 6300, ISE 7200, ISE 7250, and ISE 7300) is eligible to take the exam. This GPA requirement pertains solely to courses taken at OSU. Students who have taken their “fundamentals” elsewhere are eligible to take the exam, provided that their OSU GPA in any remaining fundamentals courses taken at OSU is at least 3.30.
• Optimization : Integer, Linear, and Non-Linear Programming Formulations and Solution Methods; Linear and Non-Linear Programming Theory and Duality; Complexity Theory; Convexity
• Stochastic Processes : Random Variables; Probability Distributions; Conditional Probability and Expectations; Poisson Processes; Markov Chains; Random Number Generation; Simulation Theory; Basic Queuing Theory
• After the exams have been completed the OR Faculty meet to discuss each student’s performance on the exam, performance in classes taken, and academic and research interests and goals. Based on this, the faculty determine whether or not each student has “passed” or “failed” the examination.

Minor degree requirements

PhD students are required to complete 2 minors. Popular minors include:

• Computer Science
• Mathematics

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Campus: Columbus

College: Business

The finance major is designed to prepare students for careers in financial management in all types of businesses, firms and financial institutions.

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Students admitted to the Columbus campus are also admitted directly to the Fisher major program and the finance specialization.

Students studying the field of finance take course work in corporate finance in which they study the effects of projects and financial policy on stockholder wealth. They study capital budgeting, project cost of capital, dividend policy, debt policy, leasing policy and option pricing. Students examine different types of investments and their relative merits and the role of financial institutions, including the study of asset and liability management in commercial banks and saving institutions. 

Principles courses 

• Accounting Principles 
• Economics Principles 
• Statistics 

Core courses 

• Business Law
• International Business
• Management Sciences
• Management and Human Resources
• Strategic Management

Required major courses 

• Corporate Finance
• Investments
• Financial Institutions
• Financial Data
• Global Finance
• Options and Futures I
• Selected courses in finance

Study abroad

Fisher’s Office of Global Business provides students with a variety of options for putting theories into action in a compelling international location. Learn more at  fisher.osu.edu/global-opportunities/undergraduate .

Though internships are not required for business students, more than 90% of students registered with the college's  Office of Career Management have some kind of internship experience before they graduate. Many students receive an offer of full-time employment from their internship employer. 

Honors and Scholars

The Fisher Honors Program  includes the Accounting Honors Program, the Business Honors Cohort Program, the Honors Contract Program and the Finance Honors Program. The Accounting Honors Program consists of a specific sequence of accounting courses that students complete beginning in their sophomore year and continuing into the senior year. The Business Honors Cohort Program consists of a set of sequenced business Honors courses that students follow beginning in the junior year. The Honors Contract Program consists of an academic plan designed by the student and detailed in an honors contract. The Finance Honors program prepares high-performing, driven, and ambitious honors students with the cutting edge analytical and quantitative skills sought by leading investment and commercial banks, private equity firms, consulting firms and non-financial corporations. 

The Business Scholars Program is a community of talented students that participate in programs and activities designed to offer insight into business practice and environment. Business Scholars learn to understand the vital role of collaboration through teambuilding, leadership training and workshops. Additionally, Business Scholars can develop partnerships with Fisher College of Business faculty and alumni.

Student organizations

Students interested in Finance should consider membership in the Fisher Real Estate Society , Risk Management Association , Undergraduate Finance Association  or the Buckeye Capital Investors .

Possible careers

Career opportunities for finance majors parallel the study and practice of finance. Virtually all businesses, whether large or small, need help analyzing their financial needs and opportunities. Specific career opportunities include financial management in manufacturing and distributing firms, commercial bank management, savings and loan management, stock brokerage, insurance, security analysis, and trust management. Some jobs require special training and licensing such as stock brokers, certified financial analyst (CFA) or certified financial planner (CFP). 

Salary estimates

The average beginning salary for finance graduates in 2019-20 was $62,162.

Program objectives

At graduation, Fisher College of Business graduates: 

• will have a working knowledge of accounting theories, concepts and methods and be able to explain how and why accounting is done
• will be able to solve problems by applying fundamental principles to a variety of issues 
• will exhibit the oral and written communication skills needed by successful accounting professionals
• will be able to research issues and business decision problems by finding, analyzing and interpreting accounting, tax and other financial data
• will recognize ethical dimensions in accounting issues and practice in order to become responsible professionals and citizens

Future students 

More about this major

College website

Academic info

Department website

The Fisher College of Business undergraduate finance program is ranked 12th in the nation (U.S. News and World Report).

Interested in a business career?

Check out the Business Pathway to discover the many majors Ohio State offers that can lead to a career in business.

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Ohio State Board of Trustees approves tuition increase, expects big capital expenses

The Ohio State Board of Trustees approved a tuition increase for incoming freshmen and the school's budget for 2025 at its regular meeting Thursday.

The university expects $4.5 billion in revenue for fiscal year 2025 beginning July 1, a $164.2 million increase over fiscal year 2024. This increase is driven partially by increased tuition rates, which will give the university an additional $56.1 million in revenue in fiscal 2025, according to the budget.

Starting in the 2024 fall semester, freshmen at OSU's main campus who are Ohio residents will pay $13,244 in tuition and mandatory fees, a 3% increase from the previous year.

Freshmen from out-of-state can expect to pay $40,022, a 4.3% increase, and international students can expect to pay $42,950, a 4% increase.

Despite increasing tuition costs, 58% of OSU students graduate without any debt, a 10% increase from five years ago, according to OSU President Ted Carter.

The 42% of students who do graduate with debt have an average of $25,000, "less than that of an average used car," Carter said.

"We all should be very proud of what we're doing about affordability here at Ohio State," he said.

Under Ohio law , public universities are required to keep tuition, dining and mandatory fees at a fixed rate for all four years of Ohio residents' college careers. This means that incoming Ohio resident freshmen will pay the updated $13,244 in tuition until they graduate, and the tuition increase will not apply to current Ohio resident undergraduates who have their own fixed rate from previous years.

The flat tuition rates — called the Ohio State Guarantee by the university — do not apply to out-of-state or international students.

The program also does not apply to graduate students. Ohio residents in graduate school can expect to pay $13,901 starting in the fall 2024 semester, a 3% increase. Out-of-state students can expect to pay $42,740, a 3.7% increase.

The university's housing and dining plans will also see a 3% increase across the board for incoming freshman, bumping up the cost for each plan $134-$292.

The trustees also approved tuition hikes for the university's regional campuses and its online programs.

Ohio State budget for 2025

While the university will have record-high revenue of $4.5 billion for 2025, its expenses are expected to exceed its revenue by $15.3 million, according to the 2025 budget approved at the meeting.

The university and its health system combined expect a loss of $126.4 million, due mostly to OSU's planned capital investments.

Without these capital investments—which are costs associated with OSU's construction projects—the school and its health system would have a combined surplus of $546.1 million.

The school plans to spend $1.87 billion on capital investments through 2029.

The meeting comes as the university grappled with a series of high-profile incidents over the past month, including a controversial commencement speaker , a death at graduation , and the arrests of 36 Pro-Palestine protestors on campus .

Before trustees began voting, Carter addressed the protesters' arrests, saying they were to prevent encampments, not free speech.

"The arrests that took place three weeks ago were not about limiting speech or the content of that speech. None of us wanted to see that type of action, and we tried to do everything we could to prevent that," Carter said at the meeting.

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State Government Alumni Luncheon celebrates public service, honors OHIO graduate Jim Lynch

Ohio University and the Voinovich School of Leadership and Public Service celebrated a legacy of public service excellence during the annual Ohio University State Government Alumni Luncheon held at the Athletic Club of Columbus on May 8.

The event, attended by more than 150 Ohio University alumni, legislators, state officials, and friends, recognized the outstanding contributions of alumni to public service in the state of Ohio, while it also honored Jim Lynch “93, a distinguished graduate of the Scripps College of Communication.

Lynch, whose career spans decades of service in state government and public communications, received the prestigious 2024 Ohio University Outstanding State Government Alumnus Award.

Throughout his career, Lynch served in key communication roles, including as communications director for the Office of the Governor and as chief spokesman for The Ohio State University. His dedication to effective communication and public service has left a lasting impact on Ohio's governance and community capacity building.

Voinovich School Dean Tracy Plouck, who stepped into the role ten months ago, extended a warm welcome to attendees and provided opening remarks that included acknowledging the Voinovich School’s founding dean, Mark Weinberg, and other distinguished guests.

Ohio University’s 23rd President, Lori Stewart Gonzalez, provided the keynote address that reflected on the importance of public service and recognized the Voinovich School for its commitment to nurturing future leaders who are changing lives and impacting our communities for the better.

President Gonzalez expressed gratitude to Bricker Graydon for sponsoring the event, highlighting their longstanding partnership with OHIO’s Voinovich School and their continued support for the Voinovich School’s efforts to partner with communities, agencies and businesses to increase capacity, develop leaders and improve the quality of life for Ohioans.

Reflecting on her first year as President, Gonzalez emphasized the University's commitment to community engagement and outlined near-term goals aimed at strengthening Ohio's communities. She also commended the Voinovich School for its exemplary programs in public administration and environmental studies , as well as the Voinovich Undergraduate Scholars program , which directly engages students in projects aimed at enhancing the capacity of Ohio's communities, agencies and businesses.

During her remarks, President Gonzalez recognized key leaders and highlighted exemplary projects that showcase the school's impact on Ohio's communities, initiatives ranging from business development and environmental conservation to substance use prevention and community-based partnerships.

The State Government Alumni Luncheon served as a testament to Ohio University's enduring commitment to public service excellence honoring the past while inspiring the future of leadership in Ohio.

“After connecting with so many Bobcat leaders at the State Government Alumni Luncheon, I reflected on the enduring legacy of public service excellence," Plouck said following the event. "It was truly heartening to see our alumni who serve throughout state government come together to celebrate both the meaningful nature of public service and the specific service of our 2024 award winner, Jim Lynch. Jim’s service exemplifies the way in which one individual’s contributions can have an impact throughout our state.”

Homeowner's insurance quotes are rising fast. Here are tips for buyers and owners to cope

• Home insurance prices jumped 19%, or on average of $273 per policy, last year.
• The two main reasons are rising costs for homebuilding and repairs, and the weather.
• The states with the highest home insurance costs are prone to severe weather.

Even if you can afford to buy a home these days, Americans must ask themselves if they can afford to insure it.

Nearly 30% of American homeowners are nervous about rising home insurance rates, according to insurance comparison site Insurify .

Home insurance prices jumped 19%, or on average $273 per policy, last year, according to a study by Guaranteed Rate Insurance . The insurer said prices surged 55% from an average of $1,108 in 2019 to $1,723 in 2023. And more increases may be on their way. Insurify forecasts some increases this year as high as 23% in states with severe weather.

“Affordability is becoming an issue in a great number of parts of the country,” said Bill Gatewood, national personal insurance practice leader at insurance broker Burns & Wilcox. “Some parts have difficulty even getting insurance.”

Why is my homeowners’ insurance going up so much?

The two main reasons are:

Learn more: Best home insurance

◾ Inflation : The cost of everything related to homebuilding and repairs, like materials, parts and labor, has risen.

◾ Weather : Weather-related events have increased in frequency and intensity. For example, 2023 saw record-high summer temperatures and 28 separate weather and climate disasters costing at least $1 billion, the highest number of billion-dollar disasters in a calendar year . And before that, 2022 was a record year for tornados , the National Weather Service said.

Which states have the most expensive home insurance?

The states with the highest home insurance costs are prone to severe weather events. Arkansas, Florida, Louisiana, Mississippi and Texas are vulnerable to hurricanes , Insurify said. California, Colorado, Nebraska and Texas face growing wildfire risk , it said. Kansas, Nebraska and Texas are highly vulnerable to tornadoes .

The top three most expensive states, according to Insurify, are:

◾ Florida averages $10,996 annually, and that cost is expected to rise by 7% to $11,759 this year.

◾ Louisiana’s annual average is $6,354, which is seen rising this year by 23% – the largest predicted increase among states to $7,809.

◾ Oklahoma averages $5,444 per year, and that’s forecast to increase 5% to $5,711 this year.

Should I avoid buying a home in these states?

Not necessarily. Home insurance is “very street specific,” said Paul Gallagher, senior vice president at insurance broker NFP, an Aon company.

Instead, “when you get an address for a house you’re looking at and considering putting an offer in, put in some research before getting the mortgage application,” he said.

Talk to your insurance agent to check the home’s flood zone , wildfire, or earthquake risks. Your insurance agent can determine if the home is insurable if you’ll have to go to a state insurer, and how high the premiums may be.

Should home insurance costs dictate if I buy the house?

Ask your insurance agent for options and loop in your financial adviser to create a plan to pay for it, insurance experts suggest.

For example, you’re in Florida and annual insurance costs $25,000, with $20,000 of that expense for wind exposure . If the home has new shutters and a new roof, you might consider setting aside some of your own money to pay for potential damage and save $20,000 in a given year.

“It’s very risky, but more people are doing it,” Gallagher said. “It’s usually a very high deductible for wind anyway, so damage has to be significant” before insurance applies.

Your financial adviser can look at your assets and cash flow and help you decide, “what to do in that case or suggest taking the savings and put it into an account and invest it” so there’s money there to pay for any potential damage, he said.

Check out the list: Best homeowners insurance companies of May 2024

What are ways to reduce the cost of a homeowners insurance policy?

◾ Shop around. “Homeowners often lock in a rate and insurance company and don’t shop around,” said Michael Maerten, chairman of the board of Tri-County Suburban REALTORS, a local realtor association. “They should get a comparison rate every year.”

◾ Higher deductibles will lower your premiums , Maerten said. Guaranteed Rate said in its study that the share of Americans taking deductibles between $5,000 to $10,000 jumped 49% between 2019 and 2023 compared to slight declines for those taking $500 to $2,500 deductibles.

If you have wind or hurricane coverage, consider a percentage deductible, which calculates your deductible based on a percentage of the value of your home. “Every year the value of your house goes up, so it takes the deductible higher,” Gatewood said. Guaranteed Rate said it’s seen 1% to 2% percentage deductibles increase by more than 200% between 2019 and 2023, while 2% to 5% deductibles have surged by 3,000%.

◾ Bundle. Consider using one insurer for auto, home and possibly, even life, because companies often offer discounts for more than one policy.

◾ Update your house. “This is more important now than it used to be,” Gallagher said. “The age of the roof, water heater, furnace, electrical and plumbing – if they’re old, they could disqualify you for insurance from certain insurance companies.”

◾ Clean up or fortify your house. If you live in an area prone to wildfires, don’t allow tree limbs to hang over the house or flammable mulch to accumulate. If you live in an area with hurricanes, install shutters.

Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at [email protected] and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday morning.   

The Key Points at the top of this article were created with the assistance of Artificial Intelligence (AI) and reviewed by a journalist before publication. No other parts of the article were generated using AI. Learn more .

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Ohio State football won't play Friday night Big Ten game on FOX in 2024

Ohio State is among six teams in the Big Ten who will not play a Friday night game on FOX this fall.

The network released its weeknight schedule on Wednesday that features a slate including nine conference games between September and November.

Twelve of the teams in the league, which is to expand to 18 members this summer with the additions of Oregon, Southern California, UCLA and Washington, will have games moved to Friday, the traditional night of the week for high school football.

The Buckeyes last played on Friday in 2019 when they visited Northwestern in a game that aired on the Big Ten Network. Their conference openers at Minnesota in 2021 and at Indiana in 2017 were also held on Thursday nights.

The other Big Ten teams who will not be included in FOX’s expanded Friday night slate this year includes Indiana, Michigan, Minnesota, Penn State and Wisconsin.

Joey Kaufman covers Ohio State football for The Columbus Dispatch and can be reached at [email protected].

Get more Ohio State football news by listening to our podcasts

This article originally appeared on The Columbus Dispatch: No Friday night Big Ten game on FOX for Ohio State football in 2024

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