Fields of Study: Management & Organization
Strategic Management & Entrepreneurship (SM&E)
The field of Strategic Management & Entrepreneurship (SM&E) deals with the creation,
growth, transformation and performance of firms and industries, and investigates
the effectiveness of various attributes and actions of an organization and its top
management teams in order to gain competitive advantage and achieve organizational
goals. Example topics of (SM&E) study include competitive advantage, industry evolution,
technological change, product ecosystems, boundaries of the firms, contracting theory,
transaction cost economics, mergers, acquisitions, alliances. The behavioral area
within SM&E focuses on reputation, status, organizational identity whereas the sociological
area focuses on networks, population ecology and status. The Entrepreneurship area
of the program looks at creation of new firms, employee mobility, the role of venture
capitalists, and entrepreneurship within firms.
Major Specification (18 credits)
Students are required to take nine substantive courses in various SM&E content
areas, such as Organizational Theory, Sociological Foundations of Strategy, Boundary
of the Firm, Firm Sustainability, Behavioral Strategy and Asymmetric Information
and Decision Making, Industrial Organization Economics, Innovation and Entrepreneurship,
SM&E foundations or other topics offered based on faculty expertise.
Students are also required to attend and participate in the Students Presentations
Series (SPS) and Career and Professionalization Seminar Series (CAPSS) sessions
each semester during the program – as these sessions will focus on developing critical
research and career-related knowledge, skills, and attitudes.
Minor Specification (12 credits)
Students may choose a set of courses for their minor that significantly enhances
their ability to make scientific contributions to their major field and that will
improve their placement prospects. These courses could be from within the M&O department,
other departments within Smith, or outside of Smith. This option can often encompass
a selection of courses both inside and outside the department. For example, many
students in SM&E take one or more courses in the Economics Department, but other
options, such as information technology, OB/HR, sociology, are also possible.
Research Methodology (Research Tools) Requirement (15 credits)
Students are required to take the following research methods courses:
Summary of Typical SM&E Curriculum
Requirements for advancement from “Ph.D. student” status (years 1-2) to “Ph.D.
candidate” status (years 3-5)
First Year Research Paper Requirement
The intent of the first year paper is to develop student skills in writing the
theoretical framework of a paper. The paper may be based on course research papers
or be based on a different original idea.
Students must pass a comprehensive examination at the end of their 2nd year to
proceed in the program. This exam will cover all core material covered during the
two first years.
Second Year Research Paper Requirement
Ideally, a second year research paper project will involve the student from the
inception of the project. This is because students are likely to learn the most
and have the best prospects for a publication in a top journal if they join a project
at its inception so that they can participate in all phases, including conceptualization,
design, data collection, analysis, and write-up. It may be best to think of the
project as similar to a master’s thesis in terms of the scope and quality of the