PhD in Economics Admission 2024-25, Application Fees, Steps to Check Result, Faculties

PhD in Economics About

PhD in Economics is a doctoral programme that covers applied microeconomics, economic theory, game theory, energy economics, labour economics, and theoretical and applied econometrics. A minimum of three to five years is required to complete a Ph.D. in Economics. PhD in Economics programs cover a wide range of topics, including microeconomics, macroeconomics, econometrics, economic theory, and applied economics. Students in the program are expected to develop a deep understanding of economic principles and to be able to apply them to real-world problems. The program typically involves a combination of coursework, exams, and research. Students are expected to take advanced courses in economics, mathematics, and statistics to develop their skills in data analysis and modeling. They may also be required to complete teaching assistantships or other forms of practical experience to develop their teaching and research skills.

PhD in Economics Course Highlights

PhD in Economics Entrance Exam

PhD in Economics programs often require applicants to take a standardized test such as the GRE (Graduate Record Examination) or GMAT (Graduate Management Admission Test). Some programs may also require applicants to take a subject-specific test in economics.

1. GATE
2. UGC NET
3. CSIR NET
4. JEST

PhD in Economics Admission Process

• universities have rights to set their own procedure and standards for the Ph.D. programme admissions. 
• But the set of requirements for the application are similar. 
• These should include a research proposal, detailing the proposed outline of your Ph.D. project, and explaining the methodology you plan to employ. 
• This is referred to as the National Eligibility Test (NET) and is administered by the University Grants Commission (UGC) for most subjects, with the exception of Science and Engineering which are covered by the Council of Scientific and Industrial Research (CSIR).

PhD in Economics Eligibility Criteria

To be eligible for admission to a PhD in Economics program, applicants must hold a bachelor's degree from an accredited institution and have completed coursework in economics, mathematics, and statistics. They must also meet the minimum GPA and standardized test score requirements set by the program.

PhD in Economics Duration Process

PhD in Economics programs typically take four to six years to complete. The duration of the program may vary depending on the student's research interests and the time it takes to complete their dissertation.

PhD in Economics Selection Criteria

Admissions committees consider a range of factors when selecting candidates for PhD in Economics programs. They look at the applicant's academic record, research experience, test scores, letters of recommendation, and other factors such as work experience and extracurricular activities.

PhD in Economics How to Apply

• Applicants to PhD in Economics programs must typically submit an online application through the program's website.
• The application may require transcripts, test scores, letters of recommendation, a statement of purpose, and a writing sample.
• Applicants should also check with the program for any additional application requirements or deadlines.

PhD in Economics Application Form

The application form for a Doctor of Philosophy (PhD) in Economics program is typically available on the program's website. Applicants are required to fill out the form online and submit it along with the necessary documents, such as transcripts, test scores, letters of recommendation, statement of purpose, and writing samples.

PhD in Economics Application Process

The application process for a PhD in Economics program typically involves the following steps:

PhD in Economics Fee Structure

The application fee for a PhD in Economics program varies depending on the program and the university. The fee is usually between updated Soon.

PhD in Economics Syllabus

Job Scope After Completed for PhD in Economics

PhD in Economics Career Opportunities

Graduates of PhD in Economics programs have a variety of career opportunities. They may work in academia as professors or researchers, in government as policy analysts, or in private industry as financial analysts or consultants. They may also work in international organizations such as the World Bank or the International Monetary Fund.

PhD in Economics Top Colleges

Some of the top colleges for a PhD in Economics program include:

1. Massachusetts Institute of Technology (MIT)
   
2. Harvard University
3. Stanford University
4. University of Chicago
5. Princeton University
6. University of California, Berkeley
7. Northwestern University
8. New York University
9. Columbia University
10. University of Pennsylvania.

PhD in Economics 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.

PhD in Economics Documents Checklist 

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

FAQs About PhD in Economics

Q.1 - What is the procedure for PhD 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.