PhD in Economics (Doctor of Philosophy in Economics)
PhD in Economics About
A PhD program in Economics is a research-focused degree program that prepares students to become experts in the field of economics. The program typically takes 4-6 years to complete and requires students to complete advanced coursework in economic theory, quantitative methods, and research methods.
The curriculum is designed to provide students with a deep understanding of economic theory and its applications, as well as the skills necessary to conduct independent research. In addition to coursework, students are typically required to complete a dissertation, which is a substantial piece of original research on a topic of their choosing.
Students in a PhD program in Economics may specialize in a particular area of economics, such as macroeconomics, microeconomics, econometrics, labor economics, international economics, or development economics.
Graduates of a PhD program in Economics are well-prepared for academic positions in universities and research institutions, as well as for positions in government agencies, international organizations, and private sector firms. They may work as researchers, policy analysts, consultants, or in other related roles.
PhD in Economics Highlights
| Particulars | Details |
| Course Name | Economics |
| Course Level | Graduation, Postgraduation, Doctorate |
| Duration | 3 years, 2 years, 3 years |
| Top Entrance Exams | UGC NET, CSIR NET, GATE, etc. |
| Course Fee | Updated Soon |
| Average Salary | INR 3 lakh to INR 6 lakh |
| Top Recruiting Companies | KPMG, The Economist, World Bank, IMF, CRISIL |
| Job Positions | Analyst, Research Assistant, Assistant Professor, Post Graduate Teacher, Economist |
| Top Colleges | Aligarh Muslim University, Gargi College, Chitkara University, Chandigarh etc. |
PhD in Economics Entrance Exam
GATE
UGC NET
CSIR NET
JEST
PhD in Economics Eligibility Criteria
PhD in Economics can be completed in three to four years duration. Here are some points related to PhD in Economics eligibility:
- The candidate should have done their MA/MSc in Economics with a specialization or MPhil in Economics from a recognized University.
- Aspirants should have secured a minimum of 60% aggregate to get admission to PhD in Economics.
- Graduates can also pursue professional courses such as Chartered Accountancy, Company Secretary, CMA, CFA, LLB, etc after studying Economics.
PhD in Economics Duration
A PhD program in Economics typically takes 4-6 years to complete. The first 2-3 years are spent completing coursework and preparing for comprehensive exams. After passing the comprehensive exams, students typically spend the remaining years conducting research and writing their dissertations.
PhD in Economics Selection Criteria
Admissions committees for PhD programs in Economics consider a range of factors when evaluating applicants, including academic record, test scores, research experience, letters of recommendation, and statement of purpose. Some programs may also conduct interviews with applicants.
PhD in Economics How to Apply
Prospective applicants should check the specific application requirements and procedures for each PhD program in Economics they are interested in applying to. In general, applicants will need to submit transcripts from all previous academic institutions, GRE scores, letters of recommendation, a statement of purpose, and a writing sample. Some programs may also require a resume/CV and a research proposal.
Applications are typically submitted online through the university's admissions portal. Deadlines for applications can vary, so it is important to check the specific deadlines for each program.
PhD in Economics Application Process
The application form for a PhD program in Economics can typically be found on the website of the university offering the program. Applicants will need to fill out the form with their personal information, academic background, test scores, and other required materials. The application process usually involves submitting transcripts from all previous academic institutions, GRE scores, letters of recommendation, a statement of purpose, and a writing sample.
PhD in Economics Application Fee
| The application fee for a PhD program in Economics can vary by institution. Generally, the fee ranges from Updated Soon. |
| Some institutions may waive the fee for applicants who demonstrate financial need or for those who apply early. |
Syllabus of PhD Program in Economics
The syllabus for a PhD program in Economics typically includes coursework in microeconomics, macroeconomics, econometrics, and research methods. Students may also take courses in specialized areas such as labor economics, international economics, and development economics. In addition to coursework, students will be required to complete a dissertation, which involves original research in a particular area of economics.
PhD Program in Economics Job Scope
| Job Position | Job Description |
| Lecturer/Professor | The NET is conducted to determine the eligibility for Junior Research Fellowship Award or Assistant Professor. A lecturer’s job provides a stable salary and gives you a chance to constantly increase your knowledge. |
| Banker | Bankers give their customers a wealth of services. They assist in setting up certificates of deposit and opening a checking or savings account as well as handling trusts, investment accounts, deposits, lines of credit, and much more. |
| Economists | An economist researches and interprets trends related to goods, services, and resources. They provide advice on economics to businesses and individuals. |
| Geographer | A geographer uses qualitative and quantitative methods to gather and analyze data, synthesizing it into maps, reports, and other usable formats. Geographers specialize in the study of physical and human characteristics of an area, such as vegetation or population density. Employment often requires at least a bachelor's degree - and more commonly a master's degree - and relevant experience. Professional GIS certification may also be required. |
| Econometricians | Reaching agreements about research projects with internal or external clients Monitoring and evaluating the data collection process. Using statistical software to organize and analyze the information gathered |
| Public Relations Officer | Public relations (PR) is about managing reputation. To provide support and understanding to the clients as well as to try to influence them with your opinions and behavior. All means of media and communication should be used to manage the reputation of the customers. |
| Industrial organization economists | Industrial economists analyze savings, investments, and risk. Industrial economists study the supply of workers and the demand for labor by employers. |
| Political Scientists | Political scientists research the developmental and organizational aspects of political institutions, including government policies and patterns. While a bachelor's degree may qualify some candidates for entry-level positions with government entities, nonprofit associations, political campaigns, or research organizations, completion of a master's or Ph.D. program in political science or public administration is the usual requirement for obtaining a position. |
PhD Program in Economics Career Opportunities
Career opportunities for graduates of a PhD program in Economics include:
- Bharat Petroleum Corporation Limited
- Grasim Honda Two-Wheelers
- Microsoft
- Mahindra Engineering
- Cognizant
- Reliance Industries Limited
- JCB
- Future Group
- Bank of India, Bharat forge
- BSNL
- Flipkart
- Infosys
- Reliance
- Tata Power
PhD in Economics Top Colleges
Some of the top colleges offering PhD programs in Economics include:
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Admission Process for PhD in Economics
- 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 the 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 the 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
- Finally 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 the University, Degree Awarded.
Document Required for PhD in Economics
- 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 Ph.D. 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.
DOCTOR OF PHILOSOPHY IN ECONOMICS (PHD IN ECONOMICS)
Doctor of Philosophy in Economics (PhD in Economics) is a 3 Years Doctorate Degree Courses program that focuses on Doctor of Philosophy. The course combines theoretical knowledge with practical skills to prepare students for a career in Doctor of Philosophy.
Syllabus & Subjects
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