PhD in Applied Economics and Management Admission 2024-25, Cutoff, Ranking, Faculties

PhD in Applied Economics and Management Course About

Applied Economics and Management is a field of study that combines economics, business management, and agricultural sciences to analyze and solve real-world problems related to economic decision-making in various sectors such as agribusiness, finance, marketing, and public policy.

Students in this field study micro and macroeconomics, quantitative analysis, financial management, marketing, accounting, and organizational behavior. They also learn how to apply economic theories and analytical tools to real-world situations in business and policy settings.

Graduates of Applied Economics and Management programs can pursue a variety of careers in fields such as management consulting, investment banking, agricultural management, marketing, public policy, and more. They may also go on to pursue advanced degrees in economics, law, or business.

PhD in Applied Economics and Management Highlights

Here are some highlights of Applied Economics and Management:

Interdisciplinary Focus: Applied Economics and Management combines elements of economics, business, and agriculture to provide students with a comprehensive understanding of how these fields interact.

Practical Skills: Students learn practical skills such as data analysis, financial management, and marketing strategies that can be applied in real-world settings.

Diverse Career Paths: Graduates of Applied Economics and Management programs can pursue a wide range of careers in fields such as management consulting, investment banking, agricultural management, marketing, public policy, and more.

Focus on Sustainability: Many Applied Economics and Management programs incorporate a focus on sustainability and environmental responsibility in their coursework, preparing students to tackle pressing global issues.

Research Opportunities: Students in Applied Economics and Management have opportunities to engage in research projects and work alongside faculty members on cutting-edge research in their field.

Networking Opportunities: Many programs offer students the opportunity to network with alumni and industry professionals through internships, conferences, and other events.

Entrepreneurial Focus: Some programs offer an entrepreneurial focus, teaching students how to start and manage their own businesses in various industries.

PhD in Applied Economics and Management Entrance Exam:

Some universities require standardized entrance exams like SAT, ACT, GRE or GMAT for admission to their Applied Economics and Management programs. However, specific requirements vary from institution to institution.

PhD in Applied Economics and Management Admission Requirements:

• A high school diploma or equivalent certificate
• SAT, ACT, GRE or GMAT scores (depending on the institution's requirements)
• Transcripts of previous education
• Letters of recommendation from teachers or employers
• Personal statement or essay
• English language proficiency test scores (for international students)

PhD in Applied Economics and Management Eligibility Criteria

Eligibility requirements also vary depending on the institution. Generally, applicants should have a strong academic record and meet the minimum score requirements for standardized entrance exams. Some institutions may also have specific prerequisites in math and economics.

PhD in Applied Economics and Management Course Duration:

The duration of an undergraduate Applied Economics and Management program is typically four years. However, some universities may offer accelerated programs that can be completed in three years.

PhD in Applied Economics and Management Selection Criteria:

The selection criteria may vary depending on the institution, but factors like academic record, test scores, letters of recommendation, personal statement, and extracurricular activities may be considered. Some institutions may also conduct interviews or require a portfolio of work.

PhD in Applied Economics and Management How to Apply:

Applicants can typically apply online through the institution's website or through a centralized application system. They will need to submit transcripts, test scores, letters of recommendation, personal statement, and any other required documents. Some institutions may also require an application fee.

PhD in Applied Economics and Management Application Form:

The application form for Applied Economics and Management programs can typically be found on the institution's website or through a centralized application system. Applicants will need to create an account, provide personal information, and submit the required documents, such as transcripts, test scores, letters of recommendation, and a personal statement.

PhD in Applied Economics and Management Application Process:

The application process usually involves the following steps:

Study Program: Start by researching universities and programs that offer a PhD in Applied Economics and Business Management. Learn about the faculty's research interests, curriculum, and available resources.

Meet the Admission Criteria: Make sure you meet the admission criteria set by the university and program. This may include a relevant master's degree, a strong academic background in economics or a related field, relevant professional experience, and knowledge of the language of instruction (usually English).

Prepare the Required Documents: Gather the documents required for your application. These usually include:

Transcripts of previous degrees

Letters of recommendation (usually 2-3)

Letter of Intent explaining your research interests, goals, and reasons for applying to your program of interest

Resume or curriculum vitae highlighting your academic and professional achievements

Standardized test scores (e.g., GRE or GMAT, if required)

Sample or research paper (if requested)

Submitting an online application: Complete the online application form provided by the college or program. Please enter all the required information correctly and upload the required documents as per the specifications.

Payment of Application Fee: Some universities may require you to pay an application fee along with your application. Please be sure to check the fee amount and payment method.

Interview preparation (if applicable): Some programs may require an interview as part of the selection process. Prepare for potential interviews by researching common interview questions and practicing your answers.

Track your application status: After submitting your application, monitor your application status through the University's online portal. Follow up if additional documents or information is required.

Receive your letter of Admission: Once the admissions committee has reviewed your application, you will receive a letter of admission. If accepted, you may be required to confirm your acceptance and complete additional requirements before starting your program.

PhD in Applied Economics and Management Application Course Fee

The application fee varies depending on the institution. It may range from around $50 to $100 or more.

PhD in Applied Economics and Management Syllabus:

The syllabus for Applied Economics and Management programs varies from institution to institution. However, some common topics include micro and macroeconomics, statistics and econometrics, financial management, marketing, accounting, organizational behavior, and public policy.

Economic Theory: Advanced study of microeconomic and macroeconomic theory, including topics like consumer behavior, production theory, market structures, economic growth, and monetary theory.

Applied Econometrics: Advanced statistical methods and techniques used in economic analysis, including regression analysis, time series analysis, panel data analysis, and experimental design.

Quantitative Methods: Mathematical and computational methods used in economic research, such as optimization theory, mathematical programming, game theory, and computational economics.

Applied Microeconomics: Specialized areas within microeconomics such as industrial organization, labor economics, environmental economics, health economics, and development economics.

Applied Macroeconomics: Specialized areas within macroeconomics such as monetary economics, fiscal policy, international economics, economic growth, and economic policy analysis.

Empirical Research: Designing and conducting empirical research studies, including data collection, data analysis, interpretation of results, and writing research papers.

Economic Policy Analysis: Evaluating and analyzing economic policies and their impact on various sectors of the economy, including public policy analysis, regulatory economics, and policy evaluation methods.

Business Economics: Application of economic principles and analysis to business decision-making, strategic management, corporate finance, industrial organization, and market analysis.

Research Seminars: Participate in research seminars, workshops, and conferences to present research findings, receive feedback, and engage with other scholars in the field.

PhD in Applied Economics and Management Salary and Jobs:

Graduates of Applied Economics and Management programs can pursue various careers in fields such as management consulting, investment banking, agricultural management, marketing, public policy, and more. The salary for these careers varies depending on the job, location, and experience level. According to the Bureau of Labor Statistics (BLS), the median annual wage for management analysts, a common career for graduates, was $87,660 in May 2021.

• Economist
• Policy Analyst
• Financial Analyst
• Market Research Analyst
• Management Consultant
• Data Scientist
• Risk Analyst
• Government Economist

PhD in Applied Economics and Management Career Opportunities:

Some career opportunities for graduates of Applied Economics and Management programs include:

• Management Consultant
• Investment Banker
• Marketing Manager
• Agricultural Manager
• Public Policy Analyst
• Financial Analyst
• Economist
• Business Development Manager
• Market Research Analyst

PhD in Applied Economics and Management Top Colleges:

Some of the top colleges for Applied Economics and Management programs include:

• Cornell University (New York)
• University of California, Berkeley (California)
• Harvard University (Massachusetts)
• University of Pennsylvania (Pennsylvania)
• Massachusetts Institute of Technology (Massachusetts)
• Stanford University (California)
• University of Chicago (Illinois)
• Duke University (North Carolina)
• University of Michigan - Ann Arbor (Michigan)
• Northwestern University (Illinois)

PhD in Applied Economics and Management ADMISSION PROCEDURE

• Application for the entrance exam 
• Result declaration
• Entrance pass scholar calling for the interview and document verification
• Provisional registration for pre Ph.D. course work classes
• Coursework classes shall be attended as scheduled by University
• Course work examination
• Result declaration of coursework
• Submission of synopsis ( 2 spiral bound copies with soft copy of synopsis)
• Departmental research committee meeting scheduled by University
• A registration letter shall be issued
• Research work started by scholar
• 6 progress reports shall be submitted
• Soft copy thesis submit
• plagiarism report check by the university
• Final after the plagiarism report soft copy thesis shall be sent to experts for evaluation
• After the consent of experts pre-submission, one set spiral binding shall be submitted
• After the successful presentation of the pre-submission thesis 3 copies of hard bound thesis shall be  submitted
• Viva shall be conducted as scheduled by University, Degree Awarded.

Documents Checklist For PhD in Applied Economics and Management

• Documents (10th onwards)
• Aadhar Card/Pan Card, Caste Certificate
• Migration Certificate (Original)
• NOC (From Organization/ Institute/ University)
• Affidavit (undertaking)
• Guide Willing
• Assignments
• Synopsis (3 copies), Progress Report
• Library No Dues
• Lab Letter
• Thesis Hard copy (Spiral binding)
• No Dues, Thesis (6 hard copies)
• Affidavit -Submission (on Rs 100 Stamp and Notary Attested)
• C.D Soft copies (Thesis & Synopsis)
• Conference Certificate - 2
• Research Papers -2 (with ISSN No.)
• summary (page limit 20-30) -3 Copies 
• Plagiarism Report Below 10%

FAQs About PhD in Applied Economics and Management Program 

Q.1 - What is the procedure for Ph.D.? Admission to the University?

ANSWER: - The Ph.D. and M.Phil. programs of prestigious Universities are conducted and guided strictly as per the provisions and regulations dictated by the UGC (Minimum Standards and Procedure for Award of Ph.D./M.Phil. Degrees) (1st Amendment) Regulations, 2018 and subsequent amendments. The entire procedure for admission to the research programs encompasses a Research Entrance Exam (RET) and then an Interview/Viva Voce. The performance of a candidate in the RET is given 70% weightage, and the remaining 30% weightage is given to his/her performance at the Interview.

Q.2 - What are the modes of pursuing M.Phil. & Ph.D. programs at the University?

ANSWER: -Both the full-time and part-time modes are available at University for pursuing its Ph.D. programs and only the full-time mode is available for M.Phil. program in the desired subjects/fields. These highly-qualitative and prolific research programs are available in a rather broad range of fields/subjects. At University, the minimum time duration of the M.Phil. and Ph.D. programs is 1.5 Years and 3 Years, respectively, in general.

Q.3 - Are the Ph.D. and M.Phil. Degrees granted by any University valid abroad?

ANSWER: -Yes, of course. If the University is properly recognized under section 2(f) of the UGC Act of 1956 and is a prestigious member of the AIU (the Association of Indian Universities). It is an M.Phil. and Ph.D. degrees granted in various fields/subjects are duly valid across India and the world.

Q.4 - What are the main eligibility criteria for participating in the University Research Entrance Exam (RET)?

ANSWER: -The following are the main eligibility conditions for participating in the RET: - A rigorous Master’s Degree in the proposed subject/field obtained from any recognized university/institution located in India or abroad, with a minimum 55% marks in aggregate or an equivalent grade. Candidates belonging to SC/ST/OBC/Differently-abled categories are given a 5% relaxation in respect of this eligibility criterion. Candidates with an M.Phil. degree in the proposed field/subject, or have qualified for the UGC (JRF) Examinations/ NET/ SET/ SELT, etc., will be allowed to appear directly for the interview, without appearing in the RET. Impressive academic records, and any prior experience in research work, will be given additional advantages.

Q.5 - What relaxations are granted to the reserved categories for Ph.D.? Admission to the University?

ANSWER: - Candidates belonging to the categories of SC/ST/OBC (Non-Creamy layer)/Differently-Abled, and so on, are given all relaxations prescribed by the Govt. of India and the UGC. These relaxations are provided in form of 5% reduced marks for them at post-graduation, and also in the minimum qualifying marks at RET. Thus, candidates belonging to these categories only need to score a minimum of 45% marks at RET, to qualify for the final interview.

Q.6 - How will be the pattern of RET?

ANSWER: - The syllabus or pattern of RET consists of subject-specific matters, research methodology, and aptitude (covering logical reasoning, numerical ability, analytical reasoning, statistics, etc.).Thus, RET will contain a total of 70 multiple-choice questions (MCQs).

Q.7 - Are M.Phil. Holders/UGC- NET (including JRF)/ UGC-CSIR NET (including JRF)/ SLET/ GATE exempted from appearing at RET?

ANSWER: - Yes. The holders of M.Phil. degrees in their respective fields/subjects are made exempt from appearing in RET. The same is the situation in cases of aspiring candidates who have qualified exams like UGC-NET (including JRF)/ UGC-CSIR NET (including JRF)/ SLET/ GATE, etc.

Q.8 - How is the application fee paid?

ANSWER: - The Application Fee (i.e. the fee for getting participated in RET) can be paid online or offline, like the Application Form. Payment Modes: DD (in Favor of the University) / NEFT/ Cash Deposit.

Q.9 - Do working candidates require to obtain NOC from employers for pursuing research at any University?

ANSWER: - Yes, necessarily. Working Professionals who are interested in research at any University are required to obtain the NOC (No Objection Certificate) from their respective employers, in order to avert any intrusion ever during the entire doctoral course.

Q.10 - Does an M.Phil. holder require to undergo Ph.D. coursework?

ANSWER: - Yes. M.Phil. holders are again required to undergo the coursework in Ph.D. at some Universities. However, their prior knowledge in the field/subject will be very supportive to them for learning and performing efficiently during the Ph.D. program.

Q.11 - Can I pay the yearly program/course fee in installments?

ANSWER: - Yes, you can pay the yearly course fee as many as in two installments, but well within the yearly session.

Q.12 - Does Any University provide any scholarship or stipend to pursuing scholars?

ANSWER: - Yes, of course. Many Universities offer scholarships as well as stipends to meritorious and talented candidates who undertake research studies at the University. Scholarships are granted to those candidates who come under the top 21 by scoring higher marks in RET and interviews. And, stipends are provided to those scholars who also give lectures to UG or PG students at the University, in addition to doing their Ph.D. coursework. The amount of the monthly stipend will be commensurate with the candidate’s qualifications and capabilities and may go up to Rs. 20,000.

Q.13 - What other many facilities are provided to research scholars at the University Campus?

ANSWER: - All necessary and constructive resources, amenities, and facilities are offered by well-established and prestigious universities to research scholars in various streams/subjects. These facilities include the following - spacious and peaceful study rooms, erudite and well-experienced academicians and research experts, Wi-Fi and diverse IT devices, state-of-the-art laboratories, well-stocked libraries, lavish R&D amenities, separate amenities for lodging and foods for male and female candidates, peaceful and constructive environment within the university campus, and many other comforting and convenient facilities and services.