PhD in International Economics Admission 2024-25, Check Eligibility, Year Wise Comparison for Students Placed, FAQs

PhD in Economics Overviews

PhD in Economics is a three- to five-time doctoral program in economics. campaigners must have completed a postgraduate course in Economics or hold a bachelor's degree in Economics from a recognized university to be eligible for the course. The Ph.D. in Economics program is designed in such a way that the first two times are substantially concentrated on studying and generating exploration objects. scholars explore and present their findings in forums beginning in their third time. likewise,  scholars learn how to educate. In order to gain experience,  scholars share in conditioning similar as tutoring in educational institutions. Economics is primarily concerned with combining slice- edge profitable principles with thorough data analysis in order to break issues. Some of the popular degrees in Economics before doing aPh.D are BA, BE, B.Sc. in Economics, MA,M.com and M.Sc. 

PhD in Economics Highlights

Here are some of the highlights of a PhD in Economics program:

PhD in Economics Entrance Exam

Most PhD in Economics programs require applicants to take the Graduate Record Examination (GRE), a standardized test that assesses verbal, quantitative, and analytical skills. Some programs may also require the Test of English as a Foreign Language (TOEFL) or International English Language Testing System (IELTS) for non-native English speakers.

PhD in Economics Admission

Admission to a PhD in Economics program is highly competitive and requires a strong academic record, including a bachelor's or master's degree in economics or a related field. Admissions committees also consider other factors such as research experience, letters of recommendation, statement of purpose, and personal interviews.

PhD in Economics Eligibility Criteria

Eligibility requirements vary by program but typically include a bachelor's or master's degree in economics or a related field, a minimum GPA requirement, and standardized test scores. International applicants may also need to demonstrate English proficiency.

PhD in Economics Duration

A PhD in Economics program typically takes 4-6 years to complete, depending on the student's progress in coursework, research, and dissertation writing.

PhD in Economics Selection Criteria

Admissions committees evaluate applicants based on academic performance, research experience, letters of recommendation, statement of purpose, and personal interviews. They also consider factors such as diversity, background, and career goals.

PhD in Economics How to Apply

Applicants should check the admission requirements of the specific PhD in Economics program they are interested in and follow the application instructions carefully. Typically, applicants need to submit transcripts, standardized test scores, letters of recommendation, a statement of purpose, and a writing sample. Some programs may also require a personal interview. Applicants should submit their application well in advance of the deadline to ensure consideration.

PhD in Economics Application Form

The application form for a PhD in Economics program can typically be found on the program's website. Applicants will need to provide personal information, academic history, standardized test scores, and letters of recommendation. They will also need to submit a statement of purpose and a writing sample.

PhD in Economics Application Process

The application process for a PhD in Economics program typically involves several steps, including filling out the application form, submitting transcripts and test scores, obtaining letters of recommendation, and writing a statement of purpose. Some programs may require a personal interview. Applicants should carefully follow the application instructions provided by the program.

PhD in Economics Fee Structure

The application fee for a PhD in Economics program varies by institution but typically ranges from $50 to $150. Some programs may offer fee waivers or reduced fees for students with financial need.

Syllabus PhD in Economics

The syllabus for a PhD in Economics program varies by institution and area of specialization. However, some common topics include microeconomics, macroeconomics, econometrics, research methods, and economic theory. Students may also have the opportunity to take electives in their area of interest.

Job Profiles After Completed PhD in Economics

Graduates of a PhD in Economics program are in high demand and typically earn high salaries. According to the Bureau of Labor Statistics, the median annual wage for economists was $105,020 in May 2020. Career opportunities for graduates of a PhD in Economics program include academic positions as professors or researchers, government positions as analysts or policy advisors, and private sector positions as consultants or analysts.

Career Opportunities After PhD in Economics

PhD in Economics Top Colleges

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

PhD in Economics Admission Process

1. Application for the entrance exam 
2. Result declaration
3. Entrance pass scholar calling for the interview and document verification
4. Provisional registration for pre-Ph.D. course work classes
5. Coursework classes shall be attended as scheduled by the University
6. Course work examination
7. Result declaration of coursework
8. Submission of synopsis ( 2 spiral bound copies with soft copy of synopsis)
9. Departmental research committee meeting scheduled by the University
10. A registration letter shall be issued
11. Research work started by scholar
12. 6 progress reports shall be submitted
13. Soft copy thesis submit
14. plagiarism report check by the university
15. Final after the plagiarism report soft copy thesis shall be sent to experts for evaluation
16. After the consent of experts pre-submission, one set spiral binding shall be submitted
17. After the successful presentation of the pre-submission thesis 3 copies of hard bound thesis shall be  submitted
18. Viva shall be conducted as scheduled by the University, Degree Awarded.

PhD in Economics Document Required

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 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.