Requirement | Description |
---|---|
Other Requirements may overlap | |
Research paper must be submitted before the start of the third year of study and be approved by the end of the third year. | |
Master's Degree Required for Admission to Ph.D.? | No |
Qualifying Exam Required | Yes |
Preliminary Exam Required | Yes |
Final Exam/Dissertation Defense Required | Yes |
Dissertation Deposit Required | Yes |
Minimum GPA: | 3.0 |
Code | Title | Hours |
---|---|---|
Field electives | 24 | |
Workshop and research seminar | 16 | |
Thesis Research (min/max applied toward degree) | 32 | |
Total Hours | 72 |
Requirement | Description |
---|---|
Other Requirements may overlap | |
Research paper must be submitted before the start of the third year of study and be approved by the end of the third year. | |
Master's Degree Required for Admission to Ph.D.? | Yes |
Qualifying Exam Required | Yes |
Preliminary Exam Required | Yes |
Final Exam/Dissertation Defense Required | Yes |
Dissertation Deposit Required | Yes |
Minimum GPA: | 3.0 |
for the Doctor of Philosophy in Economics
Graduate Degree Programs in Economics
Economics Department Head of the Department: George Deltas Associate Head: Seung-Hyun Hong Economics Department website 214 David Kinley Hall, 1407 W. Gregory Dr., Urbana, IL 61801 (217) 333-0120, fax: (217) 244-6571 Economics email
College of Liberal Arts & Sciences College of Liberal Arts & Sciences website
Admissions Graduate College Admissions & Requirements
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2024-2025 Catalog (PDF)
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Department of Economics
Columbian College of Arts and Sciences
Producing about 10 graduates each year, the PhD in Economics program is a close community of scholars from around the world. Coursework ranges from microeconomics, macroeconomics and econometrics to the economics of industry and labor.
PhD students engage in research with faculty as research assistants and publish their own work in respected journals including Economics Letters , Journal of Macroeconomics and European Economic Review .
The PhD in Economics is a U.S. Department of Homeland Security STEM-designated degree program.
Dissertation Guidelines
PhDs on the Job Market
"I greatly benefitted from the doctoral program at GW, both as an economist and as a researcher. The program played an instrumental role in advancing my understanding of economic theory and empirical methodologies, cultivating my research interests and honing my ability to apply these skills in real-world settings. I now work as a development economist at a multilateral organization, where I conduct research on topics like inequality, unemployment, property rights and social protection and contribute to evidence-based policy making."
Abhilasha Sahay PhD '20
The program is divided into two stages:
The PhD program is offered primarily on a full-time basis, and students are expected to complete the degree in five to six years. Occasionally, the department will admit highly qualified part-time doctoral students.
View detailed year-by-year timeline of program rules and requirements .
Students in the PhD program can earn either a Master of Science (MS) in Economics or a Master of Philosophy (MPhil) in Economics degree while pursuing the PhD degree.
Students in good standing may apply for the MS once they have completed the 30 required credits: ECON 8301, 8305 and 8375; two courses chosen from 8302, 8306 and 8376; and five 8000-level economics courses. Students may apply for the MPhil degree after they have successfully entered Candidacy.
Degree Along the Way Application
The general requirements stated under Columbian College of Arts and Sciences, Graduate Programs .
The requirements for the Doctor of Philosophy Program .
Pre-candidacy requirements
Pre-candidacy requirements include satisfactory completion of 48 credits, including 18 credits in required courses and 30 credits in elective courses. Students must also earn a grade of Pass or Pass with Distinction on each part of the general examination, as outlined below.
Code | Title | Credits |
---|---|---|
Required | ||
Core theory and econometrics courses | ||
Microeconomic Theory I | ||
Microeconomic Theory II | ||
Macroeconomic Theory I | ||
Macroeconomic Theory II | ||
Econometrics I | ||
Econometrics II | ||
Research development course | ||
Paper Proposal Seminar (does not count toward the 48 credits of required and elective courses necessary for the degree) | ||
Electives | ||
Students must complete 30 credits in 8000-level or approved 6000-level courses. At least 21 of these credits should be 8000-level ECON courses. Research credits such as those taken in or do not count as elective credits in pre-candidacy, nor does . does count toward the 30 elective credits but not toward the 21 required 8000-level ECON elective credits. | ||
In cases where knowledge outside the discipline of economics or outside Department of Economics (ECON) course offerings is critical to the student's research field, students may take up to 6 credits in pre-candidacy coursework outside the department, with departmental approval. In exceptional circumstances, a student may take 9 such credits, with departmental approval. | ||
Program option selection and curriculum requirements | ||
By the end of August in the second year, students should indicate whether they are selecting the microeconomics option or the macroeconomics option. Subsequently, students must complete at least 12 elective credits in the following courses, corresponding to their chosen option |
Code | Title | Credits |
---|---|---|
Macroeconomics courses | ||
Macroeconomic Theory III | ||
Monetary Theory and Policy I | ||
Monetary Theory and Policy II | ||
Environmental Economics | ||
Econometrics III | ||
Economic Forecasting | ||
Laboratory in Applied Econometrics | ||
International Trade Theory | ||
International Finance and Open-Economy Macroeconomics | ||
International Financial Markets | ||
Advanced Special Topics | ||
Microeconomics courses | ||
Microeconomic Theory III | ||
Environmental Economics | ||
Labor Economics I | ||
Labor Economics II | ||
Industrial Organization I | ||
Industrial Organization II | ||
Development Economics I | ||
Development Economics II | ||
Regional Economics | ||
Urban Economics | ||
Public Finance I | ||
Public Finance II | ||
Econometrics III | ||
Laboratory in Applied Econometrics | ||
International Trade Theory | ||
International Financial Markets | ||
Advanced Special Topics |
General Examination
The general examination has three parts: two preliminary examinations taken in the first year—one in microeconomic theory and one in macroeconomic theory—and a research paper due in the sixth semester. To pass the general examination, students must earn a grade of Pass or Pass with Distinction on both preliminary examinations and on the research paper.
Students who earn a GPA of 3.0 or above in the microeconomic theory course sequence ( ECON 8301 and ECON 8302 ) are considered to have earned a grade of Pass on the preliminary examination in microeconomic theory; students who earn a GPA of 3.0 or above in the macroeconomic theory course sequence ( ECON 8305 and ECON 8306 ) are considered to have earned a grade of Pass on the preliminary examination in macroeconomic theory. Other students must sit the preliminary examinations at the end of the first year.
Students who do not earn a grade of Pass or Pass with Distinction on both preliminary examinations may, with departmental approval, retake one or both examinations before the start of the following semester. Both preliminary examinations must be passed by the second attempt.
Students are also required to earn a grade of Pass or Pass with Distinction on the research paper, which constitutes the second half of the general examination. Students must submit the research paper and deliver a presentation of the content to at least two faculty members for evaluation by the end of their sixth semester in the program. (Part-time students may submit the research paper later, subject to departmental approval.) Students who do not pass the research paper by the end of the sixth semester will receive an academic warning and must pass it by the end of the following semester.
Post-candidacy requirements
Post-candidacy requirements include successful completion of 24 credits at the 8000 level, the formulation of a dissertation proposal, a formal presentation of the proposal by the student to a prospective dissertation committee for approval (where approval of the proposal formalizes the creation of the dissertation committee), and completion of a dissertation that demonstrates the candidate's ability to do original research as determined by the dissertation committee.
Students should successfully defend the dissertation proposal by the end of the eighth semester in the program. Students who do not successfully defend the dissertation proposal by the deadline will receive an academic warning and must successfully defend the proposal by the end of the following semester. Part-time students may defend later, subject to departmental approval.
The 24 credits must include a minimum of 6 credits in ECON 8999 Dissertation Research .
Once a student successfully completes the 72 credits required for the program, they must register for 1 credit in CCAS 0940 Continuing Research - Doctoral each subsequent fall and spring semester until they have successfully defended their dissertation to the dissertation oral examination committee, thereby completing the degree program.
Students may apply for the master of philosophy (MPhil) degree after successfully defending a dissertation proposal.
Time limits
The pre-candidacy stage must be concluded within six semesters of matriculation in the program; part-time students may conclude the pre-candidacy stage within ten semesters of matriculation, subject to departmental approval. Upon successful completion of pre-candidacy, students are considered for admission to candidacy, i.e., the dissertation stage. The dissertation stage must be completed within five years of entry into candidacy, or within eight years of matriculation in the program, whichever comes first.
PhD students take 16 courses, roughly half of which are spent acquiring the core analytic tools of the profession (microeconomics, macroeconomics, and quantitative methods), with the balance spent applying those tools in particular fields of specialization. All PhD students must complete a doctoral dissertation (thesis).
The PhD in Economics is a STEM designated degree program.
View the complete PhD Rules here
Doctoral students must complete a minimum of 16 semester courses (64 credits). They are required to successfully complete the core courses by the end of the first year.
These core courses must be passed by the end of the first year with a grade of at least B- in each course.
Students must also take EC 705 Mathematical Economics in the first semester, unless a waiver is granted, and EC 709 Advanced Econometrics II (4 credits) in the third semester.
In addition, students must pass a qualifying examination in both microeconomics and macroeconomics. Students have at most three opportunities to take the qualifying examinations; failing may result in termination from the PhD program.
All students must pass 2 2-course fields, each with a minimum grade average of B.
In addition, students must take at least 2 other courses. The following fields are generally offered each year:
All courses must be passed with a grade of B– or higher. An overall grade point average (GPA) of 3.0 must be attained in all courses taken after enrollment in the Graduate School of Arts & Sciences.
The PhD program is designed so that a typical student can complete all requirements within 5 to 6 years. International students may be subject to additional restrictions imposed by the terms of their visas, as governed by the International Students & Scholars Office (ISSO).
Students are expected to meet the following milestones each year:
By the end of the 1st year:
By the end of the 2nd year:
By the end of the 3rd year:
Years 4, 5, and (if necessary) 6:
Under the supervision of two faculty advisers, a student prepares a dissertation proposal for presentation at a proposal seminar. If the proposal is approved, the student proceeds to research and write the dissertation. When the dissertation is completed, the student must defend it at a final oral examination. The Graduate School of Arts & Sciences requires that the dissertation be completed within seven years of initial enrollment in the program.
For more details, view the complete PhD Rules here and check out our past PhD Placements here .
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Back in May, Noah wrote about the amazingly good deal that is the PhD in economics. Why? Because:
Of course, such a good deal won’t last long now that the story is out, so you need to act fast! Since he wrote his post , Noah has received a large number of emails asking the obvious follow-up question: “How do I get into an econ PhD program?” And Miles has been asked the same thing many times by undergraduates and other students at the University of Michigan. So here, we present together our guide for how to break into the academic Elysium called Econ PhD Land:
(Note: This guide is mainly directed toward native English speakers, or those from countries whose graduate students are typically fluent in English, such as India and most European countries. Almost all highly-ranked graduate programs teach economics in English, and we find that students learn the subtle non-mathematical skills in economics better if English is second nature. If your nationality will make admissions committees wonder about your English skills, you can either get your bachelor’s degree at a—possibly foreign—college or university where almost all classes are taught in English, or you will have to compensate by being better on other dimensions. On the bright side, if you are a native English speaker, or from a country whose graduate students are typically fluent in English, you are already ahead in your quest to get into an economics PhD.)
Here is the not-very-surprising list of things that will help you get into a good econ PhD program:
Chances are, if you’re asking for advice, you probably feel unprepared in one of two ways. Either you don’t have a sterling math background, or you have quantitative skills but are new to the field of econ. Fortunately, we have advice for both types of applicant.
Fortunately, if you’re weak in math, we have good news: Math is something you can learn . That may sound like a crazy claim to most Americans, who are raised to believe that math ability is in the genes. It may even sound like arrogance coming from two people who have never had to struggle with math. But we’ve both taught people math for many years, and we really believe that it’s true. Genes help a bit, but math is like a foreign language or a sport: effort will result in skill.
Here are the math classes you absolutely should take to get into a good econ program:
Here are the classes you should take, but can probably get away with studying on your own:
Linear algebra (matrices, vectors, and all that) is something that you’ll use all the time in econ, especially when doing work on a computer. Multivariable calculus also will be used a lot. And stats of course is absolutely key to almost everything economists do. Differential equations are something you will use once in a while. And real analysis—by far the hardest subject of the five—is something that you will probably never use in real econ research, but which the economics field has decided to use as a sort of general intelligence signaling device.
If you took some math classes but didn’t do very well, don’t worry. Retake the classes . If you are worried about how that will look on your transcript, take the class the first time “off the books” at a different college (many community colleges have calculus classes) or online. Or if you have already gotten a bad grade, take it a second time off the books and then a third time for your transcript. If you work hard, every time you take the class you’ll do better. You will learn the math and be able to prove it by the grade you get. Not only will this help you get into an econ PhD program, once you get in, you’ll breeze through parts of grad school that would otherwise be agony.
Here’s another useful tip: Get a book and study math on your own before taking the corresponding class for a grade. Reading math on your own is something you’re going to have to get used to doing in grad school anyway (especially during your dissertation!), so it’s good to get used to it now. Beyond course-related books, you can either pick up a subject-specific book (Miles learned much of his math from studying books in the Schaum’s outline series ), or get a “math for economists” book; regarding the latter, Miles recommends Mathematics for Economists by Simon and Blume, while Noah swears by Mathematical Methods and Models for Economists by de la Fuente. When you study on your own, the most important thing is to work through a bunch of problems . That will give you practice for test-taking, and will be more interesting than just reading through derivations.
This will take some time, of course. That’s OK. That’s what summer is for (right?). If you’re late in your college career, you can always take a fifth year, do a gap year, etc.
When you get to grad school, you will have to take an intensive math course called “math camp” that will take up a good part of your summer. For how to get through math camp itself, see this guide by Jérémie Cohen-Setton .
One more piece of advice for the math-challenged: Be a research assistant on something non-mathy . There are lots of economists doing relatively simple empirical work that requires only some basic statistics knowledge and the ability to use software like Stata. There are more and more experimental economists around, who are always looking for research assistants. Go find a prof and get involved! (If you are still in high school or otherwise haven’t yet chosen a college, you might want to choose one where some of the professors do experiments and so need research assistants—something that is easy to figure out by studying professors’ websites carefully, or by asking about it when you visit the college.)
If you’re a disillusioned physicist, a bored biostatistician, or a neuroscientist looking to escape that evil Principal Investigator, don’t worry: An econ background is not necessary . A lot of the best economists started out in other fields, while a lot of undergrad econ majors are headed for MBAs or jobs in banks. Econ PhD programs know this. They will probably not mind if you have never taken an econ class.
That said, you may still want to take an econ class , just to verify that you actually like the subject, to start thinking about econ, and to prepare yourself for the concepts you’ll encounter. If you feel like doing this, you can probably skip Econ 101 and 102, and head straight for an Intermediate Micro or Intermediate Macro class.
Another good thing is to read through an econ textbook . Although economics at the PhD level is mostly about the math and statistics and computer modeling (hopefully getting back to the real world somewhere along the way when you do your own research), you may also want to get the flavor of the less mathy parts of economics from one of the well-written lower-level textbooks (either one by Paul Krugman and Robin Wells , Greg Mankiw , or Tyler Cowen and Alex Tabarrok ) and maybe one at a bit higher level as well, such as David Weil’s excellent book on economic growth ) or Varian’s Intermediate Microeconomics .
Remember to take a statistics class , if you haven’t already. Some technical fields don’t require statistics, so you may have missed this one. But to econ PhD programs, this will be a gaping hole in your resume. Go take stats!
One more thing you can do is research with an economist . Fortunately, economists are generally extremely welcoming to undergrad RAs from outside econ, who often bring extra skills. You’ll get great experience working with data if you don’t have it already. It’ll help you come up with some research ideas to put in your application essays. And of course you’ll get another all-important letter of recommendation.
And now for…
Here is the most important tip for everyone: Don’t just apply to “top” schools . For some degrees—an MBA for example—people question whether it’s worthwhile to go to a non-top school. But for econ departments, there’s no question. Both Miles and Noah have marveled at the number of smart people working at non-top schools. That includes some well-known bloggers, by the way—Tyler Cowen teaches at George Mason University (ranked 64th ), Mark Thoma teaches at the University of Oregon (ranked 56th ), and Scott Sumner teaches at Bentley, for example. Additionally, a flood of new international students is expanding the supply of quality students. That means that the number of high-quality schools is increasing; tomorrow’s top 20 will be like today’s top 10, and tomorrow’s top 100 will be like today’s top 50.
Apply to schools outside of the top 20—any school in the top 100 is worth considering, especially if it is strong in areas you are interested in. If your classmates aren’t as elite as you would like, that just means that you will get more attention from the professors, who almost all came out of top programs themselves. When Noah said in his earlier post that econ PhD students are virtually guaranteed to get jobs in an econ-related field, that applied to schools far down in the ranking. Everyone participates in the legendary centrally managed econ job market . Very few people ever fall through the cracks.
Next—and this should go without saying— don’t be afraid to retake the GRE . If you want to get into a top 10 school, you probably need a perfect or near-perfect score on the math portion of the GRE. For schools lower down the rankings, a good GRE math score is still important. Fortunately, the GRE math section is relatively simple to study for—there are only a finite number of topics covered, and with a little work you can “overlearn” all of them, so you can do them even under time pressure and when you are nervous. In any case, you can keep retaking the test until you get a good score (especially if the early tries are practice tests from the GRE prep books and prep software), and then you’re OK!
Here’s one thing that may surprise you: Getting an econ master’s degree alone won’t help . Although master’s degrees in economics are common among international students who apply to econ PhD programs, American applicants do just fine without a master’s degree on their record. If you want that extra diploma, realize that once you are in a PhD program, you will get a master’s degree automatically after two years. And if you end up dropping out of the PhD program, that master’s degree will be worth more than a stand-alone master’s would. The one reason to get a master’s degree is if it can help you remedy a big deficiency in your record, say not having taken enough math or stats classes, not having taken any econ classes, or not having been able to get anyone whose name admissions committees would recognize to write you a letter of recommendation.
For getting into grad school, much more valuable than a master’s is a stint as a research assistant in the Federal Reserve System or at a think tank —though these days, such positions can often be as hard to get into as a PhD program!
Finally—and if you’re reading this, chances are you’re already doing this— read some econ blogs . (See Miles’s speculations about the future of the econ blogosphere here .) Econ blogs are no substitute for econ classes, but they’re a great complement. Blogs are good for picking up the lingo of academic economists, and learning to think like an economist. Don’t be afraid to write a blog either, even if no one ever reads it (you don’t have to be writing at the same level as Evan Soltas or Yichuan Wang ); you can still put it on your CV, or just practice writing down your thoughts. And when you write your dissertation, and do research later on in your career, you are going to have to think for yourself outside the context of a class . One way to practice thinking critically is by critiquing others’ blog posts, at least in your head.
Anyway, if you want to have intellectual stimulation and good work-life balance, and a near-guarantee of a well-paying job in your field of interest, an econ PhD could be just the thing for you. Don’t be scared of the math and the jargon. We’d love to have you.
Update: Miles’s colleague Jeff Smith at the University of Michigan amplifies many of the things we say on his blog. For a complete guide, be sure to see what Jeff has to say, too.
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A Letter from the Director of Graduate Studies test
Thank you for your interest in our PhD program. (Please note: UVa does not offer a terminal M.A. degree in economics. The AEA provides a list of U.S. programs in economics for those seeking a master's degree.)
The Economics Department is one of over 30 programs within the Graduate School of Arts and Sciences . The Ph.D. program in Economics provides training for careers in both teaching and research by emphasizing theory, quantitative methods, and early involvement in research.
The success of the program is reflected in our graduates' job placements , which include highly ranked universities, such as Chicago, Columbia, UCLA, Cornell, Penn State, as well as excellent undergraduate institutions, such as Carleton and Brandeis. In a recent survey, UVA ranked fourteenth among graduate programs in academic placement. Many students also find summer or permanent employment in the nearby Washington area, e.g., at the International Monetary Fund, the World Bank, the Federal Reserve Board of Governors, the Federal Trade Commission, and the Congressional Budget Office.
About twenty students enter our program each year. At any given time there are approximately 80-90 students in residence. Classes are small and students are able to work closely with faculty. Graduate students are provided with two computer labs, both equipped with up-to-date PCs and a wide selection of software.
In addition to taking the core courses in microeconomics, macroeconomics, and econometrics, doctoral students choose two fields of specialization from: Industrial Organization, International Economics, Macroeconomics, Public Economics, Econometrics, Theory, Development, and Labor. Virtually all graded courses can be completed by the end of the second year, so that students can begin dissertation research at an early stage (in the summer after the second year).
During the third and fourth years, students are active in one or more of the regularly scheduled workshops: Theory, Applied Microeconomics, Macroeconomics, Public Economics, Econometrics, Development, and International Economics.
Applications and all credentials must be submitted through the Graduate School of Arts and Sciences' online application . The non-refundable application fee must be paid online via credit card. If you are eligible for an application fee waiver, please contact the Graduate School when you are ready to apply. The School's Dean of Admissions may waive the fee to members of certain organizations . However, you should contact me directly if you think that your application may arrive later than the January 15th deadline.
All students who are admitted are offered the same aid package. Financial need will not affect your chances for admission.
Financial assistance to students admitted for Fall 2020 includes $30,000 per year ($24,000 during the academic year, and $6,000 during the summer), along with full tuition remission, and health insurance coverage. The offer is guaranteed for 5 years, conditional on maintaining good standing in the program. Full details are available in the Financial Aid section of our admission instructions.
In addition, the Graduate School administers a competitive fellowship program to support a sixth year of study for doctoral students who are poised to complete distinguished dissertations and enter the job market. In 2016-17, twenty-five such fellowships will be offered, and the Graduate School plans to increase this number significantly in the coming years.
Your application and all supporting documents should reach the Graduate Admissions Office by January 15. (We admit students only for the fall semester.) Please note that you will need to present scores from the Graduate Record Examinations (GRE), but the advanced test in economics is not required. Complete details on our admission requirements are provided in the Admission section of this web site. If your question is not answered in the following pages, please e-mail Kristina Johnson , the Graduate Program Coordinator.
James Harrigan , Director of Graduate Studies
The priority admissions deadline for the Ph.D. program beginning in the Fall semester starting in August is Feb. 1. All applications received after this date will be considered on a rolling and space-available admissions basis through April 30 of each year.
All applicants must submit:
Please make sure that all details are filled out as requested on the Graduate Admissions website. This will avoid any delays or problems in processing your application.
Our admissions committee will look at all aspects of the application in order to determine an admissions decision. The size of the entering class is flexible and will vary across the years. A 3.0 GPA (or U.S. equivalent) minimum is highly suggested for students applying to the program, but all applications will be given due consideration. Similarly, while there is no set GRE minimum score, a quantitative score of at least 160 or higher is strongly preferred. Please note: Attaining these scores (or below or above these scores) does NOT guarantee admission to the program.
Cohorts are admitted and begin their coursework each fall. Our program allows Fall admissions only. The deadline for applications to begin each year is Feb. 1 prior to the August start date. Applications will be reviewed after the final deadline.
Important : International students need to apply much earlier, as the processing of the I-20 forms by the Georgia Institute of Technology, and subsequent visa processing in the home country, takes a fair amount of time. In order to ensure that all documents are processed in time, we highly recommend that international students complete the application process no later than October prior to the August start date.
Most full-time Ph.D. students in Economics are supported either by teaching assistantships or by research assistantships. Both forms of support cover resident tuition and most fees and, also provide a base stipend of $2,500 per month for Fall and Spring semesters (nine months). The assistantship terms require that students devote approximately 20 hours a week to assistantship tasks. Students may also receive summer funding in the form of an assistantship for up to $2,500 per month. Over 70 percent of full-time students are currently funded via an assistantship, the rest are funded via various fellowships or self-funded.
In addition, a select number of entering and continuing students receive fellowships that increase their level of financial support beyond the base stipend. The terms and conditions of these fellowships vary. Some supplement assistantships, while others release the student from assistantship duties for one or more years.
All applicants who plan to enroll full-time have to indicate on their application if they would like to be considered for a graduate teaching assistantship.
The continuation of the financial support beyond the first year of studies is contingent on the student's performance in the program and the availability of funds.
Additional information about Graduate Assistantships, fellowships, loans, and off-campus employment options is available on the Office of Graduate Studies site.
For detailed information about current tuition costs, fees, and deadlines to submit payments, visit the Office of the Bursar. International students should refer to the Office of International Education website for the estimated cost of attendance that must be demonstrated to be eligible for an immigration form I-20 or DS-2019 to be issued.
Graduates from the School of Economics Ph.D. program choose careers in academics, government, and the private sector, with a focus on consulting and finance. A sample of recent offers in academics is listed below, as well as the placements into government and the private sector since the program’s first graduates in 2015.
Please refer to the Jobs for Economists Network by the American Economic Association to research job opportunities for Ph.D.-trained economists and career paths within and outside of academia.
For details on the admissions, acceptance rate, and demographic characteristics of the students please use Georgia Tech LITE and enter search terms for Doctor of Philosophy at the School of Economics, Ivan Allen College.
The Ph.D. program in Economics is designed to be completed within five academic years. See more information in the Requirements for the Doctoral Degree in the Georgia Tech Course Catalog.
The next admission cycle is for Fall 2025, with the application portal opening on September 1. The deadline for applying is Thursday, December 12, 2024 .
We do not have a master's program in economics.
Apply to the Economics PhD program at choose.umn.edu/apply .
Our PhD program basic standards and requirements for admission are:
Every year we receive far more applications from students who meet these standards than we can admit, so we use additional criteria to evaluate the applications. These criteria include courses taken and texts studied, letters of recommendation, research papers and other professional activities, and academic honors. The admissions committee will also look for evidence that the applicant has been exposed to economic theory beyond the intermediate undergraduate level. This introduction may come through a course called advanced economic theory, mathematical economics, game theory, or mathematics for economists.
It is recommended that students take more than just the mathematical prerequisite classes, as more experience in analysis, differential equations, optimization, topology, probability, or measure theory will help your graduate study immensely.
The TOEFL may be waived for admission if the applicant has completed secondary school education or at least 16 credits of college-level work at a university/college from a country on this list within 24 months of the desired date of admission. If you are admitted and are offered a teaching assistantship, you will need to take the Spoken English Test for Teaching Assistants (SETTA).
If you have questions about applying to the Economics Doctoral Program, please contact the Economics Graduate Studies Office at [email protected] . Please do not write to individual professors with transcripts or resumes. Your credentials cannot be evaluated without a formal application.
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The minimum requirements of the Economics undergraduate major are not designed to be training for doctoral economics programs. Students who plan to continue their education should take more quantitative courses than the minimum required for the major. Preparation should start early in your undergraduate education. In addition to the information below, we recommend visiting the Career Center and the Career Library for additional graduate school planning resources.
Students who plan on going on to graduate school should participate in research as an undergraduate, and plan on writing an honors thesis during their senior year. NOTE: For students who completed P/NP courses in 2020-2021, we recommend reviewing this statement from the Council of Deans which reaffirms UC Berkeley's Graduate Division committment to a holistic review.
Course recommendations
Upper-division math and statistics courses for those who are adequately prepared (in order of importance)
Graduate math and statistics courses for those who are adequately prepared (in order of importance)
Please note: This is just a recommendation; not all courses are required. Admissions requirements vary by university and by program. Students interested in pursuing graduate school should begin gathering information from prospective programs as early as possible.
Pursuing research after completing an undegraduate degree is a great option for students who would like to gain more experience prior to graduate school. Post-baccalaureate research opportunities can be found through the National Bureau of Economic Research (NBER) and PREDOC: Pathways to Research and Doctoral Careers . For research opportunities outside of the NBER, click here and follow @econ_ra on Twitter.
http://www.aeaweb.org/resources/students/grad-prep/considerations/ (Considerations for prospective graduate students in Economics)
https://www.aeaweb.org/resources/students/schools/ (Alphabetical list of U.S Graduate Programs in Economics)
https://www.aeaweb.org/about-aea/committees/cswep/programs/resources/events2 (Conferences, events and fellowships through the American Economic Association)
https://www.aeaweb.org/about-aea/committees/aeasp (American Economic Association Summer Training Program, AEASP)
College of Liberal Arts & Sciences
Among applicants who satisfy the minimum graduate requirements , we conduct a holistic review of all application materials , focused mostly on the following items:
Find more information on what we consider in our application review below.
The Department of Economics PhD Program accepts the GRE General Test , which is composed of verbal, quantitative, and analytical writing sections. We accept the internet, computer, and paper based GRE tests.
When you take the GRE and TOEFL you need to have your scores sent directly to the Department of Economics at the University of Illinois. You should choose 1836 for the institution code and the department code can be left blank. The GRE cannot be waived.
Admission decisions are made based on the contents of the entire application, but many ask if their scores are competitive with other candidates.
The GRE score is used in the admission process as one criterion among many. The quantitative portion of the GRE tests your ability to perform elementary mathematical operations correctly under time pressure. A certain ability level to do this is highly desirable, but a high GRE score does not by itself show that you have sufficient math background for a Ph.D. in economics. In practice, most of our applicants have a quantitative score of 160 or higher.
We do not believe a difference in scores (for example 163 and 167) is particularly informative for the purpose of judging an applicant's full capability, so other factors are considered.
There is no fixed GPA threshold because grading conventions differ a lot between different institutions. Also, while all graded courses you take count for your GPA, what matters the most for admission are your grades in classes that are directly relevant for an Economics Ph.D. program.
For students who studied economics at a U.S. undergraduate institution, we generally like to see strong performances in:
Students should have a strong background in Economics, Statistics, and Mathematics. In particular, the following courses are very important:
Many of our students do have a Master’s degree when they apply to our program, but it is not a requirement.
As long as you have a conferred bachelor’s degree or the equivalent by the start of the term for which you seek admission, you may apply to the program. We do admit students with only a bachelor’s. Students should have a strong academic background, and have taken Advanced Coursework in Economics, Statistics, and Mathematics.
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Each level of graduate study (diploma, master's, MPhil/PhD) has particular minimum entry requirements. These consist of:
Please consult individual programme pages as well as reading the information below.
Your application will be considered on its academic merit. Please note that competition for places at LSE is intense, and satisfaction of the minimum entry requirements does not guarantee that you will be offered admission. It is therefore in your interests to apply as early as possible.
Any offer of a place may be conditional on attending additional courses and/or passing qualifying examinations at a suitable standard, in addition to your degree.
If your first degree is from outside the UK:
For degree programmes outside the UK you will need to obtain at least 70 per cent of the available marks in your final year examinations. If your institution uses the cumulative grade point average (GPA) system you should normally have a GPA of at least 3.5 out of 4 or above. For detailed information about the equivalence of non-UK qualifications, please see our country-specific information for international students .
Most graduate programmes assume that you have prior knowledge to degree level in particular disciplines. Competition varies between programmes and the level of grades/marks required will vary. Popular programmes will often look for a first class honours degree or its non-UK equivalent.
The minimum entry requirements for each type of programme are normally as follows:
A degree or equivalent qualification and experience.
A first or upper second class honours (2:1) degree from a UK university or a non-UK equivalent in a subject appropriate to the programme to be followed.
Normally a UK taught master's degree with merit or a non-UK equivalent in a subject appropriate to the research to be undertaken. The most appropriate supervisor for your work will be allocated with particular reference to your research proposal.
Any offer of a place would depend on:
Your entry qualification determines which track you will follow if your application is successful. For entry onto either track, candidates should have, as a minimum, a first or upper second class honours (2:1) degree from a UK university or a non-UK equivalent in a closely related discipline.
Track 1 students fulfil the entry requirements for a master's degree (see above) and follow the 2+2 structure.
Track 2 may involve an exemption from some of the taught courses and will be recommended by the course conveners only if, in their judgement, the student already has appropriate prior training in quantitative methods and has already completed an MA or MSc in a relevant discipline.
Upgrade to the PhD depends on successful completion of the MRes in either track.
A number of LSE's master's programmes comply with the requirements for financial support from the research councils. These programmes consist of a linked MSc and MPhil/PhD degree (either 1+3 or 2+2). For more information, see our Doctoral Training Partnership page [BP1] .
If you wish to be considered for nomination for a research council studentship, you must include an outline research proposal with your application. This proposal should be a brief description of the research topic you are considering pursuing during your PhD and should explain why you are interested in this area of research. As your research interests will develop further over the year of your master's training, your proposal need only be indicative. You must meet the same entry requirement as for all MSc programmes (see above). Please be aware of the deadline to be considered for research council funding.
We will notify you in your offer letter if you have been nominated by your department to be considered by the funding panel. Once the panel's decision is made we will contact you with further information.
Visiting research students attend for one or more terms and study up to four graduate or undergraduate courses. Examinations are optional, but students wanting to sit the examination in a course must have attended the course for the full year.
Virtual graduate open day - find out more from lse's departments and service providers, phd academy - discover life as a research student at lse.
Master of science in economics and policy (msep).
The Master of Science in Economics and Policy (MSEP) integrates mutually supportive strands of knowledge and skills in economic theory, policy evaluation and data analysis. Distinctly applied and regionally recognized, the MSEP nurtures competitive competencies critical for a diversified knowledge economy. Graduates apply analytical and critical thinking skills to understand global trends and develop data-informed decisions and policies that address domestic challenges.
MSEP graduates compete globally for a range of high-value-added positions, such as economists, consultants, data and business analysts, and policy advisors in non-profit organizations, the government and the corporate world. In addition, MSEP degree holders possess solid academic preparation should they wish to pursue doctoral studies in economics or related fields.
MSEP graduates have:
Upon successful completion of the program, graduates will be able to:
The MSEP is earned by completing 30 credit hours (eight courses and a supervised thesis) with an overall GPA of 3.0.
Any three courses from the following:
AUS offers competitive graduate assistantships and work-study opportunities to qualified students for up to four semesters.
Every MSEP student will have access to a dedicated advisor who provides academic support and guidance.
AUS Career Services offers a range of services to help students prepare for career advancement or transition. Please click here for more information.
Please note: This is a new graduate degree, and the first cohort will be welcomed in August 2024.
For more detailed information on the application requirements, tuition, financial grants, English language and admission requirements, please contact:
Dr. Samer Kherfi , MSEP Program Coordinator [email protected]
Alexa Largado , Administrative Assistant [email protected]
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Updated: Nov 9, 2023, 1:10pm
The higher your high school grade point average (GPA) is, the easier it will be to gain admission to the college of your choice. That’s a simple fact. However, the college admissions process is more nuanced than that. Standardized test scores, extracurricular activities, personal essays, letters of recommendation, and the rigor and variety of your high school classes all play a role in whether you will be admitted. But as more colleges and universities go test-optional , your GPA remains one of the most important factors in the admission process.
Read on to learn more about the role GPA plays in the college admissions process and then contact your admission counselor for more assistance.
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Each college sets its own requirements and expectations for GPA. ACT® reports that the average high school GPA has risen from 3.22 in 2010 to 3.39 in 2021, demonstrating a trend of grade inflation. As a result, the value of a GPA is not as clear-cut as many students would like.
Most community colleges only require a high school diploma or GED® certificate for admission. If you want to attend a four-year school, however, having a GPA higher than 3.0 is ideal. Schools with more mid-level admissions selectivity may set minimum GPA requirements, usually asking for a minimum 3.0 GPA.
Surprisingly, highly selective Ivy League universities such as Harvard and Yale do not list minimum GPA requirements, but you usually need a 4.0 GPA or higher to get into one of these universities.
Wondering how you can do better than a 4.0 GPA? That’s where weighted GPAs come in. We’ll explore that more in the next section.
Calculating GPA can be both straightforward and complex. The traditional GPA is calculated on a four-point scale that converts grades such as A, B, C, D and F into scores of 4, 3, 2, 1 and 0, respectively, and divides the total score by the number of graded classes.
However, because classes like Advanced Placement® (AP) and honors courses are considered more academically rigorous, many high schools give extra weight to those grades. Weighted GPA scales exceed a 4.0. If your high school weights AP class grades with an extra point, for example, a B in that class would be worth a 4.0 rather than a 3.0. An A would be worth a 5.0.
Colleges may require applicants to self-report their grades and provide transcripts. Even so, every college’s admission board will calculate each applicant’s GPA according to their own scale.
A holistic GPA includes grades from every high school course you took, but there are other ways to calculate your GPA. Some colleges may exclude your electives and look just at your grades earned in core courses such as English, math, science and social studies. Other colleges may look more intently at your math and science courses, especially if you’ve applied for an engineering program or another STEM major.
A “good” GPA for college admission depends on which college you’re applying to. Like we discussed above, if you want to get into an Ivy League university, your GPA should probably have a minimum 4.0 GPA. But most schools are not that selective.
To see how your GPA stacks up against the competition, research admissions data for your prospective colleges. The College Board provides a college search tool that allows you to view typical GPA ranges for most admitted students at a given college. You’ll see what percentage of admitted students had a GPA of 3.75 and above, 3.50 to 3.74, 3.25 to 3.49 and so on.
If you don’t feel particularly confident about your GPA, there are other ways to make your college application stand out. You can still get into college with a lower GPA, but you’ll have to give extra care to other parts of your application. Here’s what to do.
Although many colleges and universities no longer require applicants to submit SAT® or ACT® scores , scores are still welcome, and high scores can give your application a boost.
Colleges see high SAT scores , for example, as an indication that a student can excel in college-level classes regardless of their high school grades. High scores on either the SAT or the ACT can sway a college admissions board to look more favorably upon a low GPA.
Crafting a college essay that stands out involves writing skills, creativity and vulnerability. In some ways, the essay may be the hardest part of the application process since it’s not based on quantitative numbers like your GPA or AP exam scores.
The essay gives you a chance to show colleges who you are in your own words. And if your GPA misses the mark because you faced personal challenges that prevented you from doing well in your high school classes, the essay gives you a chance to explain your circumstances.
For students from traditionally underrepresented backgrounds, the essay has taken on even greater weight after the U.S. Supreme Court banned the use of race-based affirmative action in the college application process. The college essay is your chance to discuss how personal identity markers such as race might have contributed to your academic journey.
As numbers-driven as the college admissions landscape can be, admissions boards still want to know about each applicant’s passions. When students invest their time and energy in extracurricular activities , they showcase their interests outside of class.
Whether they partake in the Spanish Honor Society or the lacrosse team, students can use extracurriculars to showcase their strengths. By committing to a club or sport for several years, and by taking on leadership roles, students demonstrate their potential to become reliable leaders in and beyond college.
Given that there are nearly 4,000 colleges and universities in the United States, as reported by the National Center for Education Statistics , you have plenty of schools to choose from. Be realistic about your chances of admission to your schools of choice based on your GPA and overall high school performance. Make sure to apply to at least a couple of schools that you’re confident will admit you.
Prestigious public universities and student-focused liberal arts colleges are increasingly seen as desirable options for incoming college students who want a solid education without constantly worrying about maintaining a perfect GPA.
What gpa do you need to get into college.
Though some individual colleges set minimum GPA requirements, there is no overall minimum GPA for college. Even if you have a lower GPA, you can gain admission to a good college.
Yes, if you apply to a less selective college or a college with open admissions. Most community colleges, for example, require just a high school diploma or a GED certificate for admission. Many public and private universities set more relaxed admissions policies as well.
A general rule of thumb is that a 2.0 GPA, or a “C” average, is required for admission to most colleges and universities. This minimum GPA can also be a requirement for financial aid, scholarships and graduation. Keep in mind that different colleges set different minimum GPA policies, and many colleges do not require any particular minimum GPA.
With more than two decades of experience in higher education, cultural criticism and politics, Horacio Sierra's writing and public speaking aims to demystify higher education and promote the democratic values of the arts and humanities.
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The application to our doctoral program is open annually from September 15-December 15 for admission the following September. The application for September 2024 admission is now closed. Your application is considered complete when you have successfully submitted the following requirements by the December 15 application deadline:
Statement of purpose that expresses coherent ideas about why the candidate is interested in pursuing a Ph.D. in economics and describes likely areas of research interest. TOEFL (if applicable) at least 90 for the Internet-based test (iBT). IELTS (is accepted) most recent overall Band score must be at least 7 on a 9-point scale.
Degree requirements: Bachelor's degree from an accredited college or university. GPA: Minimum GPA of 3.25 in upper-division and graduate course work in economics and related courses. Test score required: Yes. The minimum quantitative score is 158 with students averaging 163 on the quantitative score and 150 of the verbal score.
The application for graduate admission is available here. The deadline to submit an application is December 15. Admission decisions will be made in early March and students will be notified of the decision via email. Those students who are offered admission will be invited to visit the department for an admitted student visiting day.
The Ph.D. Program in the Department of Economics at Harvard is addressed to students of high promise who wish to prepare themselves in teaching and research in academia or for responsible positions in government, research organizations, or business enterprises. Students are expected to devote themselves full-time to their programs of study.
Admissions. The department of Economics at Harvard University is committed to seeking out and mentoring scholars who wish to pursue a rigorous and rewarding career in economic research. Our graduates are trailblazers in their fields and contribute to a diverse alumni community in both the academic and non-academic sectors.
Doctoral Program. The Ph.D. program is a full time program leading to a Doctoral Degree in Economics. Students specialize in various fields within Economics by enrolling in field courses and attending field specific lunches and seminars. Students gain economic breadth by taking additional distribution courses outside of their selected fields of ...
In order to earn a doctoral degree, graduate students in the Department of Economics must fulfill the following requirements: Complete at least 72 credits of graduate level course work, 45 of which must be in graded courses in economics. Complete two major fields and one minor field of specialization. Maintain a cumulative GPA of 3.0. Pass the ...
PhD Program. Year after year, our top-ranked PhD program sets the standard for graduate economics training across the country. Graduate students work closely with our world-class faculty to develop their own research and prepare to make impactful contributions to the field. Our doctoral program enrolls 20-24 full-time students each year and ...
In addition to meeting general College and University requirements, all Ph.D. students in economics complete the following requirements: Coursework and Qualifying Exams. Complete core courses in economic theory and quantitative methods. Mathematics and Quantitative Training: Econ 800 and Econ 816. Microeconomics: Econ 801 and Econ 802.
The Requirements for the Ph.D. degree in Economics at the University of North Carolina at Chapel Hill, effective for the entering class of 2020, consist of successfully completing: Course Requirements. Doctoral Written Examination. Doctoral Dissertation. This document describes each of these requirements in detail.
The application deadline for the Ph.D. program is January 15th for the coming fall semester. Successful applicants have strong quantitative backgrounds and a passion for research in economics.The application fee is $95.00 upon submission. Please direct all Ph.D. admission inquiries to [email protected]. Qualifications.
Economics, PhD. for the Doctor of Philosophy in Economics. Economics Department Head of the Department: George Deltas Associate Head: Seung-Hyun Hong Economics Department website 214 David Kinley Hall, 1407 W. Gregory Dr., Urbana, IL 61801 (217) 333-0120, fax: (217) 244-6571 Economics email. College of Liberal Arts & Sciences College of Liberal ...
Welcome to the Ph.D. Program in Economics at UCLA. The Ph.D. Program in Economics at UCLA prepares students for careers as economists in academia, business, and government. The program combines rigorous work in economic theory and careful study of real-world problems and institutions. Graduates from our program work at major universities around ...
Students in the PhD program can earn either a Master of Science (MS) in Economics or a Master of Philosophy (MPhil) in Economics degree while pursuing the PhD degree. Students in good standing may apply for the MS once they have completed the 30 required credits: ECON 8301, 8305 and 8375; two courses chosen from 8302, 8306 and 8376; and five ...
All PhD students must complete a doctoral dissertation (thesis). The PhD in Economics is a STEM designated degree program. View the complete PhD Rules here. Program Requirements. Doctoral students must complete a minimum of 16 semester courses (64 credits). They are required to successfully complete the core courses by the end of the first year.
Here is the not-very-surprising list of things that will help you get into a good econ PhD program: good grades, especially in whatever math and economics classes you take, a good score on the ...
The Economics Department is one of over 30 programs within the Graduate School of Arts and Sciences. The Ph.D. program in Economics provides training for careers in both teaching and research by emphasizing theory, quantitative methods, and early involvement in research. The success of the program is reflected in our graduates' job placements ...
The Ph.D. program in Economics is designed to be completed within five academic years. See more information in the Requirements for the Doctoral Degree in the Georgia Tech Course Catalog. The priority admissions deadline for the Ph.D. program beginning in the Fall semester starting in August is Feb. 1. All applications received after this date ...
We do not have a master's program in economics. Apply to the Economics PhD program at choose.umn.edu/apply. Basic Requirements for Admission. Our PhD program basic standards and requirements for admission are: ... The mean GPA of admitted students who attended a U.S. university was 3.84/4.0. The mean GRE scores of all admitted students were 157 ...
Preparing for a PhD in Economics. The minimum requirements of the Economics undergraduate major are not designed to be training for doctoral economics programs. Students who plan to continue their education should take more quantitative courses than the minimum required for the major. Preparation should start early in your undergraduate education.
Requirements & Application Review. Among applicants who satisfy the minimum graduate requirements, we conduct a holistic review of all application materials, focused mostly on the following items: GRE Scores. Relevant courses taken (specifically Economics and Mathematics courses), and grades therein. Recommendation letters. Statement of Purpose.
Entry Requirements. Each level of graduate study (diploma, master's, MPhil/PhD) has particular minimum entry requirements. These consist of: your previous degree (s) your proficiency in the English language. Please consult individual programme pages as well as reading the information below. Your application will be considered on its academic merit.
Albany State University. GPA Requirement: 2.5 GPA for provisional admission. The graduate program at Albany State University offers provisional admission to the school with a minimum of a 2.5 GPA. Students must also have a bachelors degree from an accredited college or university in the field they plan to study.
Requirements for graduating from a bachelor's degree program. Students typically need at least 120 credits to graduate from a bachelor's program in the US (or roughly 180 credits at a school under a quarter system) and a minimum GPA (usually 2.0).. College degrees generally take between four and five years to complete when you're enrolled full-time, but the length of time it takes you to ...
Economics of Sustainability and Resource Use; Economics of Agglomeration, Real Estate and Urban Development; Admission Requirements. Applicants must have a minimum overall GPA for application is 3.0 (2.5 if the applicant has a stronger academic performance in the junior and senior years).
If you want to attend a four-year school, however, having a GPA higher than 3.0 is ideal. Schools with more mid-level admissions selectivity may set minimum GPA requirements, usually asking for a ...