SRM University PhD in Applied Economics and Management Admission 2024-25, Year Wise Comparison for Students Placed, News & Articles Details, Online Process

PhD in Applied Economics and Management About

A Doctor of Philosophy (PhD) in Applied Economics and Management is a research-focused degree that aims to train scholars and professionals in the field of economics and management. The program typically lasts for four to six years and requires students to complete coursework, pass comprehensive exams, and conduct original research leading to a dissertation.

The program is designed for individuals who wish to pursue a career in academia or research-oriented positions in private or public sectors. It provides a solid foundation in microeconomic theory, econometrics, and quantitative research methods, which are essential for understanding the behavior of markets, organizations, and individuals.

Students pursuing a PhD in Applied Economics and Management can choose from a variety of specializations such as agricultural economics, environmental and resource economics, industrial organization, international trade, finance, and marketing. They can also explore interdisciplinary fields such as behavioral economics, data science, and entrepreneurship.

Graduates of the program are equipped with the analytical skills and knowledge to conduct research on important economic and business issues, such as income inequality, environmental sustainability, market competition, and firm strategy. They are well-prepared to pursue academic careers as professors or researchers in top universities and research institutions around the world. They can also pursue career opportunities in the private and public sectors, including consulting, policy analysis, and data analysis.

PhD in Applied Economics and Management Course Highlights

PhD in Applied Economics and Management Entrance Exam

Most universities require applicants for a PhD in Applied Economics and Management program to submit scores from standardized tests such as the Graduate Record Examination (GRE) or the Graduate Management Admission Test (GMAT). However, some universities may waive this requirement for applicants who have a strong academic record or relevant work experience.

PhD in Applied Economics and Management Admission Process

To be considered for admission to a PhD in Applied Economics and Management program, applicants should have a strong academic background in economics or a related field, as well as relevant research experience. The specific admission requirements may vary between universities, but typically include:

• A bachelor's or master's degree in economics or a related field with a high GPA
• GRE or GMAT scores
• Letters of recommendation from academic or professional references
• A statement of purpose outlining the applicant's research interests and career goals
• A resume or CV highlighting relevant research experience and academic achievements

PhD in Applied Economics and Management Eligibility Criteria

The eligibility criteria for a PhD in Applied Economics and Management program may vary between universities. However, most universities require applicants to have:

1. Completed a bachelor's or master's degree in economics or a related field

2. Demonstrated academic excellence through high grades and/or research experience

3. Strong analytical and quantitative skills

PhD in Applied Economics and Management Duration

The duration of a PhD in Applied Economics and Management program is typically four to six years, depending on the university and the research requirements of the program. During this time, students will complete coursework, pass comprehensive exams, and conduct original research leading to a dissertation.

PhD in Applied Economics and Management Selection Criteria

The selection criteria for a PhD in Applied Economics and Management program may vary between universities. However, the selection process typically involves a thorough review of the applicant's academic record, test scores, research experience, letters of recommendation, and statement of purpose. Some universities may also require an interview or writing sample as part of the selection process.

PhD in Applied Economics and Management How to Apply

1. To apply for a PhD in Applied Economics and Management program, applicants should follow the application procedures of the university they are interested in.
2. Typically, this involves submitting an online application form and providing supporting documents such as transcripts, test scores, letters of recommendation, and a statement of purpose.
3. Some universities may also require an application fee.
4. Applicants should check the application deadlines and requirements of each university carefully and ensure that they meet all the eligibility criteria before applying.

PhD in Applied Economics and Management Application Process

The application form and process for a PhD in Applied Economics and Management program may vary between universities. However, most universities offer an online application form that can be accessed through their website. Applicants are required to fill in personal and academic information, upload supporting documents, and pay an application fee (if required). It is important to carefully follow the instructions provided by the university and submit the application before the deadline.

PhD in Applied Economics and Management Application Fee Structure

The application fee for a PhD in Applied Economics and Management program may vary between universities. However, it typically ranges from $50 to $100. Some universities may waive the application fee for applicants who demonstrate financial need.

PhD in Applied Economics and Management Syllabus

PhD in Applied Economics and Management Salary and Jobs

Graduates of a PhD in Applied Economics and Management program are well-prepared for academic careers as professors or researchers in top universities and research institutions around the world. They can also pursue career opportunities in the private and public sectors, including consulting, policy analysis, and data analysis. The salary and job opportunities for graduates may vary depending on their area of specialization and the industry they work in. According to PayScale, the average salary for a PhD in Economics is around $110,000 per year.

PhD in Applied Economics and Management Career Opportunities

Graduates of a PhD in Applied Economics and Management program can pursue career opportunities in a variety of fields, including:

• Academic research and teaching
• Consulting
• Financial services
• Government agencies
• International organizations
• Non-profit organizations
• Policy analysis
• Public sector research

PhD in Applied Economics and Management Top Colleges in India

Here are some of the top colleges in India that offer a PhD in Economics:

1. Indian Statistical Institute, Kolkata
2. Delhi School of Economics, University of Delhi
3. Jawaharlal Nehru University, New Delhi
4. Madras School of Economics, Chennai
5. Indira Gandhi Institute of Development Research, Mumbai
6. Institute for Financial Management and Research, Chennai
7. Gokhale Institute of Politics and Economics, Pune
8. Centre for Development Studies, Thiruvananthapuram
9. Institute of Economic Growth, Delhi
10. TERI School of Advanced Studies, New Delhi

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.

PhD in Applied Economics and Management 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 Applied Economics and Management

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.