There are four modules in the professional doctorate programme.
You will attend the weekly evening seminars held on the MA in Political Economy by Research. These cover topics such as Adam Smith; Alfred Marshall; the marginalists and neo-classical economics; Karl Marx; Friedrich Hayek and the Austrians; J.M. Keynes; James Buchanan, Gordon Tullock and public choice theory; the Frankfurt School; and behavioural economics. You can attend these seminars by distance learning.
You will attend a study weekend in May of your first academic year at the Vinson Centre, University of Buckingham. The study weekend will include: further lectures on schools of economic thought and their relevance to public policy and a preliminary research proposal presentation as well as research methods training.
You must attend this in person.
This module will be a reflective analysis relating experience in your professional role to models in political economy (for example, public choice, institutional economics, market failure models etc) or to key figures in the development of thinking on political economy or public policy.
You will then attend a second study weekend in October of the second academic year and your research proposal will be finalised. This will also be at the Vinson Centre.
In Module Four, you will undertake a research thesis of a recommended length of 55,000 to 65,000 words. The research thesis will be on an approved topic related to your professional work (or former professional work) and is supervised by academic staff.
October study weekend
Every year you will be invited to the October study weekend. You can attend as many of these events before completing your thesis as you wish, but you will be required to attend at least one further study weekend, after your initial October study weekend, before you submit your thesis. You do not have to attend each year.
You have between four and six years following registration to complete your thesis.
You will be able to make use of the Vinson Centre’s superb economic policy and history of economic thought library throughout your period of study.
This programme can be taken by overseas students as long as you are able to attend the three study weekends (the May and two October weekends) during the course of your registration period (up to six years). All other studies and supervision can be undertaken online.
Teaching, Supervision and Assessment
Teaching is a mixture of online provision and seminars at the study weekends held at the Vinson Centre. Each module will be assessed by shorter assignments before you move on to the thesis. These shorter assignments are designed to ensure that you are well prepared when you start your thesis. Appropriate supervisors will be appointed for module four. You will meet those supervisors regularly.
A Flexible Qualification – entry and exit routes
This programme is flexible so that you can join from other University of Buckingham programmes and gain exemptions from modules of the professional doctorate. Also, if you decide that the professional doctorate is not for you, your work will not be wasted: there are other exit routes.
MA in Political Economy – you can register for this degree and transfer to the Professional Doctorate in January of the first academic year. The fees that you have paid for the MA will be credited towards your professional doctorate so that the total fee will be approximately the same as if you had registered for the professional doctorate from the outset.
MA in Political Economy 2021 entry – students who enrolled on the MA in Political Economy in 2021 will be able to transfer to the professional doctorate in October 2022 and move straight to module four. A special programme of study and assessment will be designed so that those transferring in this way obtain at least 120 level-7 credits when taking into account the assessments that they have already taken at that point. If you entered the professional doctorate in this way, you can extend your MA thesis to doctoral level.
MSc or PGCert in Central Banking – if you have completed the PGCert or MSc in Central Banking, you will be able to enter the professional doctorate at Module two (PGCert) or Module four (MSc),
University rules and regulations regarding the return of awards where credit is used for two qualifications would have to be followed.
There are also flexible exit routes so that, if you complete Modules One to Three successfully, but choose not to complete Module Four, you will receive a Postgraduate Diploma in Political Economy. However, you will be able to return within five years and complete the professional doctorate subject to the usual rules and regulations of the University regarding the return of qualifications when a qualification is taken further for another award.