phd in economics colleges in india

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PhD in Economics

The department offers a PhD program in seven academic disciplines (Economics, Literature, Linguistics, Philosophy, Policy, Psychology, and Sociology). The PhD program consists of both full time and part-time students.

Who can apply?

Eligibility: M.A./M.Sc (2 years)/M.Com/M.B.A/M.Phil or B.Tech/BE/B.Sc Engg. (4 years) or M.Tech/ME/MS Research (2-3 years)/M.D/ D.M./M.S/M.DS

Minimum qualifications: 60% marks or 6.00 CGPA on a 10-point scale and qualified GATE/ CSIR/ UGC-NET or JRF/ICAR/ICMR/ DST - INSPIRE Fellowship (check the prospectus of the current admission cycle for details about the exemptions and clarifications.)

Application process: Eligible candidates can apply for the programme at PG Admission Portal .

PhD under UQ-IITD Academy of Research (UQIDAR)

The University of Queensland (UQ), a top 50 global university, and the Indian Institute of Technology Delhi (IITD), an Institute of Eminence, have joined forces to create a joint PhD program that will allow scholars to deliver global impact.

All successful UQIDAR PhD applicants will be offered a scholarship to enable students to focus on their research.

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The Economics and Finance Department since its inception is well renowned for its emphasis on rigorous scholarship and real world relevance. Faculty, apart from teaching and pursuing research, also contribute in consultancy and training manpower to industry as well as the Government. The Department has been alert and alive to the changes in the macro- environment, and has been constantly updating the curriculum.

Department plans to admit student under

a. Full Time students: students who will devote full-time on Ph D work.

b. Part-time Students(Applicable only if the Department has consented): Candidates working in organizations situated close to the campus will be admitted under this scheme. Students will have to complete required course work similar to full-time students as specified by DRC. They will not be entitled for any assistantship from the Institute.

Research Areas

The department offers a full time Ph.D. programme in the following thrust areas of its research.

Macroeconomic Models and Policy
Microeconomic Analysis
Money and Financial Markets
Financial Engineering, Econometric Studies
Financial Modeling, Mathematical Economics
Environmental Economics
Resource Management Systems
Growth Economics
Banking, Micro Finance
Capital Markets
Macroeconomic Modeling
Applied Finance
Environment and Resource Economics International Trade and Finance
Financial Management
Corporate Planning
Entrepreneurship
Project Management
60% marks / 6.0 CGPA or above with First Division in MBA in Finance or equivalent for candidates with such highest degree.
60% marks / 6.0 CGPA or above with First Division in MA / M. Com / M.Sc. in Economics/Finance or equivalent for candidates with such highest degree.
Higher degree with 60% marks /6.0 CGPA with First Division in Economics/ Finance/ Engineering/ Management with relevant experience in economics and finance areas.
INR 28,000 or 31,000 per month as per the intake qualification.
All full time students have to undertake 8-10 hrs of TA work as assigned by the institute. Two-semester course work for candidates with M.Sc. Qualification

To learn more about the Ph.D admissions process at BITS Pilani, please visit the website https://www.bitsadmission.com

Aditya Sharma

Visiting Assistant Professor, Department of Economics and Finance, BITS Pilani

Aprajita Pandey

Assistant Professor, Department of Economics and Finance, BITS Pilani, Pilani Campus

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Financial Risk Management, Behavioural Economics & Finance, Financial and Microeconometrics

Debasis Patnaik

Environment Economics, Financial Economics, Social sciences, Development issues

Dr Yadawananda Neog

Assistant Professor

Political Economics and Energy & Environmental Economics, Macroeconomics, Public Finance

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Assistant ProfessorDepartment of Economics and Finance

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Economic Sciences

Indian Institute of Technology Kanpur

Doctor of Philosophy (Ph.D.) Program

With an ever-increasing emphasis on a technology-driven economy, interdisciplinary economic research has become the key to global economic prosperity. IIT Kanpur’s Department of Economic Sciences – the first among all IITs – is a pioneer in economic research, teaching and outreach activities. With its rigorously trained and proficient faculty, the department is fast emerging as a prominent center for India's economic research.

The Ph.D. program in Economic Sciences was introduced at IIT Kanpur in 1974, in the Department of Humanities and Social Sciences, IIT Kanpur. Students in our program do research in various economics areas, including microeconomics, macroeconomics, econometrics, development economics, health economics, and financial economics. Our department provides intense training both in theoretical economics and in applied and empirical economics. The Ph.D. program is primarily designed for students interested in pursuing a career in teaching and research within academia. It is also useful for students interested in certain positions within governments, research organizations, or private businesses.

Course Structure:

Five-years program, with a set of courses and high-quality research opportunities.
The first year consists of two-semester coursework, followed by a comprehensive examination.
After the first year, students devote most of their time to their own research under the supervision of faculty advisors.

The two-semester Ph. D. coursework will consist of compulsory courses in the following fields:

Advanced Microeconomics.
Advanced Macroeconomics.
Quantitative Methods.
Econometrics.

Moreover, the students will be asked to choose a set of elective courses. In recent years, the following elective courses have been offered:

Applied Econometrics
Bayesian Econometrics
Contract Theory
Development Economics
Efficiency and Productivity Analysis
Financial Econometrics
Foundations of Finance
Game Theory
Labour Economics
Law and Economics
Mathematical Analysis for Economics
Monetary Economics
Topics in Economic Growth

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The Economics Area engages in research, teaching, external engagements, and media and policy outreach in a wide range of fields. These include Behavioral Economics, Development Economics, Game Theory, Industrial Organization, International Trade, Labour Economics, Monetary Economics and Public Economics.

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IIM Bangalore's PhD program in Economics is widely recognized for its academic excellence. As a part of the PhD program, the Economics area offers a wide range of courses that are of international standards, helping students build a strong foundation in research and teaching.

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I am Muneer Kalliyil. My research interests include the Economics of Education and Development Economics in general. My current research investigates some crucial and topical issues in education economics. Currently, I am working on various factors affecting the establishment and positioning of new private schools in India. Through this project, I am trying to answer various questions such as how the private schooling market responds to existing government schools and private schools, and whether the timing of private school entry is linked to that of big infrastructure development projects

I am a doctoral student in the Economics area. My research interests lie at the intersection of behavioural and development economics, with a special focus on education outcomes. I am currently working on how civil conflicts affect education outcomes and how post-conflict reconciliatory pogrammes can address the negative impacts of conflict

I study the decision to invest in human capital. I take the case of organisations and propose a flexible approach to measure the inefficiency in one of the human capital assets of an organization, which is its management

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Home > News & Articles > PhD in Economics: Courses, Syllabus, Top Colleges, Scope & Salary 2023

Imtikokba Jamir

Updated on 18th August, 2023 , 8 min read

PhD in Economics: Courses, Syllabus, Top Colleges, Scope & Salary 2023

The full form of PhD in Economics is Doctor of Philosophy in Economics. It is a 3–6 year doctoral course. A PhD in Economics typically focuses on developing expertise in economic theory, quantitative methods, research skills, and the ability to contribute original knowledge to the field through a doctoral dissertation.

The admission into this course is done after students clear an entrance exam, followed by a group discussion and personal interview. PhD in Economics entrance exam includes GATE, UGC NET, GRE, and JCECE.

The eligibility into PhD in Economics i s that a student must have earned at least 55% on their master's in economics or a related field from a recognized university.

PhD in Economics fees is INR 80,000 – 6 Lakhs. Some of the top PhD in Economics colleges are Banaras Hindu University , University of Delhi , Aligarh Muslim University and Amity University among others.

PhD in Economics syllabus includes topics on Agricultural Economics, Financial Economics, International Economics, and more.

PhD in Economics jobs include University Professor, Research Economist, Policy Analyst, Economic Consultant, Financial Economist, International Economist, Environmental Economist and Development Economist. PhD in Economics salary ranges from INR 8 – 20 LPA.

Some of the top recruiters for this course are Google, Microsoft, TATA, Infosys, Wipro, IBM, Amazon , Apple etc.

PhD in Economics: Course Highlights

Why pursue phd in economics.

Pursuing a PhD in Economics can be a rewarding and intellectual pursuit for many reasons:

Economics Competence: By earning a PhD in Economics, one can become proficient and knowledgeable in economic theory, quantitative methods, and empirical analysis.
Knowledge Contribution : PhD in Economics candidates can contribute new perspectives and information to the field of economics as each dissertation is on a new topic.
Research-Oriented Careers: A PhD is frequently required for positions in academia as university professors or researchers. It enables people to instruct and guide the upcoming generation of economists, as well as open doors to important organizations.

Why Should pursue PhD in Economics?

PhD in Economics is the perfect course for people who are passionate about economics and research. However, it might be a good fit for the following potential candidates:

Dedicated to Economics: People are more likely to succeed in a Ph.D. program if they truly love economics, its theory, and its practical applications.
People Who Are Research-Oriented: This field is best suited for those who take pleasure in studying, developing theories, and investigating economic issues through quantitative approaches.
Long-Term Commitment: Earning a Ph.D. in Economics requires endurance and dedication over the course of several years. Candidates should be ready to put in the time and overcome the difficulties associated with conducting original research and writing a dissertation.

PhD in Economics: Course Duration

A PhD in Economics is a prestigious and advanced academic program that offers in-depth exploration and expertise in various aspects of economics, business, and related fields. This program is designed for individuals who aspire to make significant contributions to the field through original research, critical analysis, and scholarly inquiry. The course duration for a PhD in Economics in India typically ranges from 3 to 6 years, during which students engage in a comprehensive journey of learning, discovery, and intellectual growth.

PhD in Economics : Fees

PhD in Economics in India normally costs anywhere between INR 80,000 – 6 Lakhs . Depending on the university, college, and region, different PhD in Economics programs may have different costs. Given below is an overview of the fees for this course.

Government Colleges/Universities: In comparison to private colleges, the cost of a PhD in Economics at government institutions is significantly lower. The annual fees for students in the general category might be anywhere from INR 50,000 – 2.5 Lakhs per year.
Private Colleges/Universities: The fee in a private institution is generally higher and can also vary depending on the college's standing and location. The costs typically range from INR 80,000 - 40 Lakhs or more.

Note: Students in the reserved categories (SC/ST/OBC/EWS) may pay less in tuition or be eligible for fee exemptions or grants in both government and private institutions.

PhD in Economics : Top Colleges

Given below is a list of the top colleges that offer PhD in Economics in India along with their fees:

PhD in Economics: Admission Process

It is highly recommended that aspirants score well in their postgraduate examinations and prepare well for the entrance exam. Given below is an overview of the admission process for PhD in Economics:

An aspirant should score more than 50-55% marks in their postgraduate examinations to be applicable for PhD in Commerce.
Apply to the desired college through their official website or by physically visiting the institution and filling out the application form.
Make sure to check the eligibility criteria and have all the required documents (10th and 12th Certificates, Undergraduate degree, Aadhar Card, Photographs, etc.) in hand.
Once the form is complete, the candidate will be asked to pay a minimal amount of application fee.
The University may conduct NET, DET, MAT, DAT CSIR-UGC NET, UGC NET, or any state/national level entrance exam that the candidate must clear.
It is advised to check the website regularly for updates on the admit card, entrance exam, and entrance exam syllabus.
Admit cards will be issued to all the eligible students which will have important information such as the date of the examination, examination center, and timings.
The college/university will then publish lists according to their cutoff and seat availability.
Some Universities may conduct a Group Discussion followed by a Personal Interview to filter potential students.
If selected, a candidate should pay the course fee as soon as possible and attend the orientation/counseling organized by the college for further information.

PhD in Economics: Eligibility

Candidates must have completed a postgraduate degree in Economics or a related degree from a recognized university listed under the UGC/AIU with a minimum aggregate of 55 percent and above.
It is advantageous to the program if you have 4 years of relevant professional experience in either teaching or administration.
Group Discussions and Personal Interviews will also be held at some reputable institutions and universities.

PhD in Economics: Entrance Exams

IIM Ph.D. test
JCECE (Jharkhand Combined Entrance Competitive Exam)

PhD in Economics: Entrance Exams Syllabus

PhD in Economics entrance exam syllabus may vary slightly depending on the college or university. However, here are some common topics that are usually included in the syllabus:

PhD in Economics: Subjects

A PhD in Economics program typically offers a range of subjects and areas of specialization that can vary based on the university, faculty expertise, and research. Here are some common subjects and areas of specialization that one might find in a PhD in Economics program:

PhD in Economics: Syllabus

PhD in Economics syllabus will vary from college to college; however, given below is an overview of the topics in each semester and year:

PhD in Economics: Recommended Books

Given below are the names of some recognised books along with their authors in the field of Economics that a candidate must read to gain further knowledge in the course:

PhD in Economics: Jobs

A PhD in Economics opens a wide range of job opportunities in business and related fields. Given below is an overview of some of the key job roles that PhD in Economics graduates can explore:

PhD in Economics: Salary

PhD in Economics salary ranges from INR 8 – 20 LPA. This can vary widely based on factors such as job role, years of experience, geographical location, company size, and industry sector. Below is a general salary overview for some key job roles in holding a PhD in Economics:

PhD in Economics: Top Recruiters

Reserve Bank of India (RBI)
Indian Council for Research on International Economic Relations (ICRIER)
Ministry of Finance
Ernst & Young
Google
Infosys

PhD in Economics: Scope

A PhD in Economics offers a wide range of opportunities across academia, research, government, international organizations, and various industries. With expertise in economic theory, data analysis, and policy evaluation, PhD economists play a crucial role in shaping economic policies, influencing business strategies, and addressing societal challenges on local and global scales.

A PhD in Economics also provides a strong foundation for further education and advanced research. Graduates can pursue postdoctoral positions to delve deeper into specific research areas, collaborate with renowned economists, and publish groundbreaking research papers. Additionally, a PhD serves as a stepping stone for those interested in interdisciplinary studies, allowing them to explore fields such as public policy, social sciences, environmental economics, and more.

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Bishop Heber College - [BHC], Thiruchirapalli , Tiruchirappalli

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Best Doctor of Philosophy (Economics) College in Punjab, India

Chandigarh University's University School of Business presents a PhD program in Economics, delving deeply into economic theory, advanced empirical analysis, and policy implications, with a strong foundation in Mathematics, Statistics, Econometrics, Data Analytics, and Public Policy. This program offers specialized tracks in Econometrics and Public Policy & Governance, providing rigorous training and hands-on research experience. Unique courses include Advanced Econometrics, SPSS, R, and Excel for Data Analysis, along with specialized topics such as Gender Economics and Behavioural Economics. This comprehensive program fosters the development of professional economists, preparing them for impactful careers in academia, research, and policymaking.

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Ph.D Economics

Updated on - Jan 4, 2023

PhD Economics is a doctorate course that deals with the study of applied microeconomics, economic theory, game theory, energy economics, labor economics, and theoretical and applied econometrics. The PhD in Economics duration is 3-5 years. A Doctorate degree in Economics in India prepares students to pursue a variety of rewarding careers including Auditor, Stock Broker, Media Analyst, Actuarial, Lecturer or Professor, Banker, Economists, Geographer, Econometricians, Public Relations Officer.

Ph.D Economics Course Details

About phd economics course.

PhD Economics full form is Doctor of Philosophy in Economics. PhD in Economics course durations 3-5 years long. According to Wikipedia, “The study of Economics is the study of how people interact with value, particularly the production, distribution, and consumption of goods and services. Economic theory is the study of economic behavior and interactions, as well as the functioning of economies.”

The specialization falls under the umbrella of Ph.D. Students taking PhD Economics courses learn about micro and macroeconomics, international trade, international finance, corporate finance, development and growth theory, economic issues and policy, consumer demand theory, theory of production and cost, problems in data collection, and financial derivatives. Information about PhD in Economics course is available on the official websites of universities and colleges that offer the courses.

In addition to an entrance exam, the curriculum in the PhD in Economics program is semester-based with an annual exam. In the PhD program in Economics, students learn both the theory and the practical aspects of consumer demand theory and the theory of production and cost.

Table of Contents:

PhD Economics Eligibility Criteria
PhD Economics Admission Process
Popular PhD Economics Entrance Exams
Top PhD Economics Colleges
Why choose the PhD Economics?
PhD Economics Fees Structure
PhD Economics Syllabus and Subjects
Preparation Tips for PhD Economics
PhD Economics Salary
PhD Economics Career Options
Skills to Excel

Eligibility Criteria for PhD Economics Course

For admission into the course, students must meet the PhD in Economics eligibility requirements set by the university/college offering the course in order to be admitted to the course. There is no age limit for those interested in a PhD in Economics course. Students applying to the PhD Economics program are required to take an entrance exam, and some colleges also administer tests. Additionally, students must pass an entrance exam at the college level or at the national level in order to apply for the course.

How to Get Admission in a PhD Economics Course?

PhD Economics admission requirements vary among colleges and universities. To earn a Doctorate degree in Economics, students must meet the PhD Economics eligibility requirements. Admissions can be applied for online or offline. Students who study at universities that offer a PhD Economics degree can earn this degree. Generally, the admission process includes the following components:

How to Apply for a PhD Economics Course?

Students can find more information about the PhD Economics course on the college’s website, as well as how to apply. The college’s website provides online applications for PhD Economics courses. Students are encouraged to regularly check the websites of universities and colleges since their admission process differs from each other. Students may also submit their applications online or in person. Students who wish to apply offline must complete a brochure, an application form, and a visit to campus. Online application forms must be completed, including the attachment of scanned documents. The course fee must be paid after the online application has been submitted.

Selection Process

A candidate’s final grade determines whether or not they are admitted. Students can apply to colleges only if they are eligible and meet the minimum cutoff score. Students who have been selected to join the PhD Economics program can learn more about their program online at their university or college website. Students receive their final results via email or the college website.

Popular Entrance Exams for PhD Economics

The PhD Economics degree is offered by a few colleges and universities, depending on their admission requirements. PhD Economics courses are offered by top universities and colleges in India that require entrance exams. By studying the test pattern, students can also succeed at the doctoral program entrance examination. Exams at the state, national, or college level are required for enrollment in the PhD Economics course. Various universities and colleges may have different cutoff marks. Here are some of the most popular PhD Economics entrance exams:

A Quick Glance at the PhD Economics Entrance Exams

Exam pattern and syllabus for PhD Economics should be familiarized before students take the entrance exam. The entrance exams will be easier to pass for students. The format of an entrance exam is usually as follows:

There are 50 questions on paper I and 100 questions on paper II.
Multiple Choice Questions [MCQs] are the type of questions.
Examinants have 3 hours to complete the test.
English and Hindi is the language of the question paper.
The questions will be divided into two papers.
In the paper, I include common general knowledge questions for all students.
Paper II includes specific subject-based questions.
Paper I carries a total of 100 points and Paper II has a total mark of 200.
Correct answers will be rewarded +2 marks.
There is no negative marking for incorrect answers.

Top 10 PhD Economics Course Colleges in India

PhD in Economics duration in India is 3-5 years. PhD Economics colleges all over the country offer these courses. In the PhD Economics course, students learn both the practical aspects of consumer demand theory and the theory of production and cost. PhD Economics colleges in India prepare students for success in their fields. The following are the top colleges for PhD in Economics in India:

Fee Structure for PhD Economics

PhD Economics duration and fees differ from other Economics courses available to Indian students. The Doctor of Philosophy in Economics is in high demand compared to other fields. PhD Economics fees in India are quite high when compared to overseas courses. Fees for PhD Economics colleges in India that offer this course are as follows:

Syllabus and Subjects for PhD Economics Course

PhD Economics full form is Doctor of Philosophy in Economics. PhD Economics duration is three to five years. The PhD Economics syllabus is divided into semesters with a yearly exam.

Students can choose between core and elective subjects that include advanced economic theory, data collection and organization, probability distribution and testing of hypotheses, econometric methods, topics in mathematical economics, advanced econometrics, advanced microeconomic theory, and advanced macroeconomics theory. Students in PhD Economics courses will learn techniques that will help them in the economic industry. The following topics will be covered in the course:

Advanced Economic Theory
International Trade and Finance
Economics of Planning
Public Finance
Theory of Economic Growth and Technical Progress

Read More On PhD Economics Syllabus & Subjects

Why Choose the PhD Economics Course?

Before choosing a PhD Economics program, many students wonder about the details of the program. A common question students have when choosing a career is, “What is the PhD course?” and “Why choose the PhD Economics course?.” We have summarized the following three pointers to answer this question:

What PhD Economics Course is All About?

PhD Economics full form is Doctor of Philosophy in Economics. The duration of PhD in Economics is between three to five years. The PhD Economics course type is designed for students seeking a deeper understanding of economics through classroom study and practical application. PhD Economics course details are intended for individuals who wish to enter the world of economics, aspire to be self-employed, and wish to contribute to the socioeconomic of India.

A PhD in Economics prepares students for careers in coaching centers, economics consultancies, economics departments, home tuitions, museums, private tuitions, publishing houses, research and development agencies, and schools.

What Does a PhD Economics Graduate Do?

Graduate students in PhD Economics are able to choose between a variety of jobs in the public and private sectors. Students studying PhD Economics can use the knowledge they gain from their education to perform better at their jobs. Some of the fields where graduates can pursue their careers are accounting, banking and finance, insurance investment, marketing, management, manufacturing, advertising, communication, and actuarial.

Auditor : An auditor is an official who ensures that financial records are accurate and that companies are in compliance with the laws regarding taxation. Accounting and auditing jobs can have a high salary since their main purpose is to protect businesses from fraud and detect discrepancies in accounting practices.

Reasons Why PhD Economics Course Can Fetch You a Rewarding Career?

PhD graduates in Economics in India advance in an array of careers in coaching centers, economics consultancies, economics departments, home tuitions, museums, private tuitions, publishing houses, research and development agencies, and schools. Academic institutions and economic consultancies are eager to hire PhD with Economics degrees. Graduates of PhD Economics programs are employed in both the public and private sectors. Some of the fields where graduates can pursue their careers are accounting, banking and finance, insurance investment.

Career Scope and Options: Graduates of the PhD Economics program will likely work in research and development, specializing in rapidly evolving fields of economics and finance. As technology advances, a broader range of skills becomes more valuable. Additionally, students can work at Bank of India, Bharat Forge, Bharat Petroleum Corporation Limited, BSNL, Cognizant, Ericsson India, Flipkart, Future Group.

Preparation Tips for PhD Economics Course

Students interested in pursuing a PhD Economics course should prepare well. For students interested in pursuing a PhD in Economics, here are some tips:

Planning a Study Course: Students can use a study course plan to help them balance their study and their lives.

Exam Paper Pattern and Syllabus Knowledge : Having knowledge of the exam patterns and syllabus is essential for students to do well in the exams.

Engage Fellow Students : Help them reduce their stress during the exam period by exchanging knowledge with other students.

Interact with Professors: Professor interactions are a great way to gain insight into course topics.

Practice makes Perfect : To acquire a deeper understanding of programming and development, students must practice a great deal.

Journals : The course involves a lot of research-based studies so students can subscribe to weekly journals to keep informed.

PhD Economics Courses salary in India

Graduates of PhD Economics can expect to earn INR 3-10 LPA (Source: PayScale). In addition to their skills and experience, students of PhD Economics' starting salary is paid according to their progress. Because of technology, PhD in Economics are in greater demand. Comparatively, Economics is a relatively high-paying field.

Career Options After PhD Economics Course

Students who complete the PhD program in Economics can pursue a variety of careers. PhD students in Economics gain practical and theoretical skills that can be applied to their careers. PhD Economics graduates are able to find employment in top economics consultancies after obtaining a PhD degree.

The PhD in Economics provides them with additional qualifications that enhance their employability. Graduates of the PhD program in Economics can work as Auditor, Stock Broker, Media Analyst, Actuarial, Lecturer or Professor, Banker, Economists, Geographer, Econometricians, Public Relations Officer, and many more. Doctoral degree holders in Economics may pursue the following careers:

Political Scientists
Financial Consultant
Senior Research Scientist
Assistant Professor
Head of the Educational Department
Senior Economist
Senior Market Analyst
Director of Research and Development

Skills That Make You The Best PhD Economics Graduate

Graduates of PhD in Economics courses should be capable of being passionate and logical. Good Communication skills that align with the student's interests can also influence their career. In order to advance in their careers, students must develop certain skills without taking an interest in learning. It is crucial for economics students to analyze the economics and finance new approaches. Students who graduate from the doctoral program in economics should have the following skills:

Dedicated Skills
Studious Skills
Reasonable Skills
Avid Reader Skills
Enthusiastic Skills
Assertive Skills
Decisive Skills
Strong Minded Skills
Passionate Skills
Interested Skills
Logical Skills
Good Communication Skills
Eager Skills
Confident Skills
Strong-Willed Skills
Determined Skills

What is the duration of the PhD Economics Course?

-The course duration isn’t fixed and varies based upon the curriculum that the university is following. Generally, this course can be done in 3-5 years of time.

What is the difficulty level of PhD Economics course?

-Since Ph.D. is the highest and most prestigious degree, the difficulty level of this course is known to be harder than the postgraduate course. This degree tests the research knowledge of the candidates and their thesis efficiency in making an impact on the economical structure of a selective group.

What are the current job scopes for graduates of Ph.D. Economics?

-Graduates are entitled to receive several jobs offers from private economic analysis companies and business analytics and development conglomerates in a higher role and also from several data analytics and print media companies as senior analysts or data science engineers role. They’re also hired in central government and state financial and commercial operations in a senior role with gradually increasing payscale.

What is the average salary offered for a graduate of this course?

-The average salary offered for a graduate of this course depends upon his/her job role and the company he/she is hired in. On average, the graduates of this course are entitled to receive an average salary of INR 3 LPA -10 LPA.

What are the minimum requirements for Ph.D. Economics?

-The graduates are expected to have a minimum of 50% in their post-graduate studies in economic science background. Along with that, their post-graduate projects will be evaluated along with their entrance exam scores, for further admission process.

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Best Ph.D in Economics Universities in India

Institute type, gender diversity, motherhood university, roorkee.

Fees : ₹ 3 Lakhs
Ph.D ( 2 Courses )

Mother Teresa Womens University, Kodaikanal

Nagaland university - nagaland university, lumami.

Ph.D ( 5 Courses )

NDRI Karnal - National Dairy Research Institute, Karnal

Ph.D ( 12 Courses )

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NIT Goa - National Institute of Technology Goa

University Grants Commission National Eligibility Test
Fees : ₹ 1.13 Lakhs

NIT Mizoram - National Institute of Technology Mizoram

Nicmar pune - nicmar university, pune, niilm university, kaithal.

Ph.D ( 8 Courses )

Filter by City

Nilamber pitamber university, medininagar, nims university, jaipur.

Fees : ₹ 90 K
Ph.D ( 18 Courses )

Nirma University - Nirma University, Ahmedabad

Ph.D ( 3 Courses )

Nirwan University, Jaipur

Filter by exam, noida international university, greater noida.

Ph.D ( 11 Courses )

OPJS University, Rajgarh

Pandit deendayal energy university, gandhinagar, pandit sn shukla university, shahdol.

Ph.D ( 7 Courses )

Filter by Ownership

Puchd - panjab university, chandigarh.

Ph.D ( 1 Course )

Patna University - Patna University, Patna

Periyar university - periyar university, salem, pimpri chinchwad university, pune, plaksha university, mohali, pondicherry university - pondicherry university, puducherry.

Ph.D ( 21 Courses )

Presidency University, Kolkata

Prof rajendra singh university, prayagraj.

Fees : ₹ 2.21 Lakhs

PRSU - Pt Ravishankar Shukla University, Raipur

Punyashlok ahilyadevi holkar solapur university, solapur, rabindra bharati university, kolkata, rabindranath tagore university, raisen, raffles university, neemrana, raiganj university, raiganj, rajendra university, balangir, rajiv gandhi university, itanagar.

Fees : ₹ 23.57 K

Raj Rishi Bhartrihari Matsya University, Alwar

Rama devi women's university, bhubaneswar, ramchandra chandravansi university, palamu.

Fees : ₹ 2 Lakhs

Ram Krishana Dharmarth Foundation University, Ranchi

Ph.D ( 9 Courses )

Ranchi University, Ranchi

Ph.D ( 15 Courses )

Rani Channamma University, Belagavi

Rdvv jabalpur - rani durgavati vishwavidyalaya, jabalpur, rtmnu nagpur - rashtrasant tukadoji maharaj nagpur university, nagpur.

Ph.D ( 4 Courses )

Ravenshaw University - Ravenshaw University, Cuttack

Rimt university, gobindgarh.

Ph.D ( 13 Courses )

Sambalpur University - Sambalpur University, Sambalpur

Ph.D ( 6 Courses )

SAM Global University, Bhopal

Sgbau amravati - sant gadge baba amravati university, amravati, sant gahira guru vishwavidyalaya, ambikapur, sarala birla university, ranchi.

Fees : ₹ 2.75 Lakhs

Sardar Patel University (SPU), Balaghat - Sardar Patel University, Balaghat

Sardar patel university, vallabh vidyanagar, satavahana university, karimnagar, upcoming arts, humanities and social sciences exams, ( appgcet ) ap post graduate common entrance tests.

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ANNOUNCEMENT

MSE invites applications from the eligible candidates for Full time or Part time Ph. D. Program in Economics for the Academic Year 2024-25.

Award of Deg ree : Awarded by the Madras School of Economics under its degree granting power as per MSE Act 2020.

Rules and Regulatio ns : The guidelines and rules for full-time and part-time PhD program are available in Ordinance 3 (in MSE website)

Faculty and Ph.D. Scholar Profiles: Please visit the profiles of faculty members: https://www.mse.ac.in/faculty/ ; PhD Research Scholars: https://www.mse.ac.in/mse-students/ and PhD Alumni: https://www.mse.ac.in/phd/

Eligibility for Full time or Part time Ph.D. Program :

(i) M.A/M.Sc or M.Phil Degree in Economics, Finance from UGC/AICTE/approved institutions including institutions of national and state importance.

(ii) At least 55% marks in aggregate (or equivalent grade to percentage) at Master’s degree; A relaxation of 5% of marks (i.e., 55% to 50%, or equivalent grade) may be allowed for SC/ST/MBC/OBC/Differently-Abled candidates.

(iii) Applicants with valid qualifying tests scores in any one of the following tests is preferred:

UGC-JRF; UGC-NET; GATE-Economics; State level SET in Economics; Any other test approved by Nation Testing Agency for PhD admissions in Economics to an Indian University/Institution.

(iv) Those who do not have any of these test scores should write entrance test conducted by MSE a day before the interview.

(v) Part-time candidate should provide employment letter and no objection letter from the employer when the selection results of the candidates are announced. The format for NOC shall be shared by MSE at the time of announcement of the results.

Research Areas : Preference will be given to candidates interested in research areas of Development Economics, Environmental Economics, Public Economics, Macro, Industrial Organization, International Trade, Corporate Finance, Financial Markets, Behavioural Finance, Asset Pricing.

Research Fellowship : Meritorious candidates (excluding those with UGC JRF) in the Economics program may be considered for Dr. Devaki Muthiah & Dr. A.C. Muthiah Research Scholarship and MSE Institutional fellowship for a period of three years (extendable to maximum of one more year based on performance) from the date of joining.

How to Apply: Eligible candidates can submit an online application form with basic details and upload a few supporting documents in digital form. The list of documents is given in the application form.

Admission Procedures:

(i) The applicants will submit an online application form with basic details and upload a few supporting documents in digital (scanned) form which should be attested either by a gazetted officer or a notary public. The list of documents is in the application form.

(ii) On that basis, only shortlisted applicants will be called for the admission test.

(iii) The candidate shall be considered eligible for shortlisting if they have (a) minimum of 55% (50% for SC/ST) in the last qualifying degree and (b) who have entrance exam score from any of these JRF/NET/SET/GATE/CAT/any NTA conducted PhD entrance test score. In the absence of a national/state level entrance test score the candidate shall appear for a written test conducted at MSE. The shortlisted candidates based on ranking in (b) shall appear for an interview and the final ranking will be on the interview scores with a minimum of 50%.

Note: Decision of the selection committee will be final and candidates will be selected as per supervisor availability in the area of their research interest. All supporting documents will be verified with the originals at the time of joining and in case of is any discrepancy, the admission shall be cancelled.

Written Test and Interview Procedure:

(i) The written test for those applicants without any prior test score will be for a maximum duration of 45 minutes and candidates must answer two questions of 15 marks each.

(ii) Candidates will have to answer one question from Section A and one question from Section B. There will be four questions in each section to choose from.

(iii) Section A on Quantitative Methods will include topics in Mathematical Methods, Operations Research, Statistics and Econometrics. Section B on Economics will include topics listed in the UGC-NET syllabus with emphasis on Microeconomics, Macroeconomics and topics on Indian Economy.

(iv) The personal interview will cover topics listed in the written test and also on the research interest mentioned in the statement of purpose.

(v) Personal interview will be conducted by a panel of faculty from MSE. The interview will online for all candidates except for those candidates who will appear for the written test at MSE and hence will have in person interview.

Important dates

Ph.D. Admission – Notification

For queries, contact :.

[email protected]

Enquire now

100 Best universities for Econometrics and Mathematical Economics in India

Updated: February 29, 2024

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Below is a list of best universities in India ranked based on their research performance in Econometrics and Mathematical Economics. A graph of 465K citations received by 43.9K academic papers made by 190 universities in India was used to calculate publications' ratings, which then were adjusted for release dates and added to final scores.

We don't distinguish between undergraduate and graduate programs nor do we adjust for current majors offered. You can find information about granted degrees on a university page but always double-check with the university website.

1. Indian Statistical Institute

For Econometrics and Mathematical Economics

2. University of Delhi

3. Indian Institute of Technology Kharagpur

4. Indian Institute of Technology Kanpur

5. Indian Institute of Science

6. Indian Institute of Technology Delhi

7. Indian Institute of Technology Bombay

8. Indian Institute of Technology Madras

9. Jadavpur University

10. Indian Institute of Technology Roorkee

11. Birla Institute of Technology and Science

12. Indira Gandhi Institute of Development Research

13. VIT University

14. University of Calcutta

15. University of Hyderabad

16. National Institute of Technology, Rourkela

17. Banaras Hindu University

18. National Institute of Technology, Tiruchirappalli

19. Tata Institute of Fundamental Research

20. Anna University

21. Jawaharlal Nehru University

22. Aligarh Muslim University

23. Cochin University of Science and Technology

24. Vidyasagar University

25. Savitribai Phule Pune University

26. Thapar Institute of Engineering and Technology

27. Panjab University

28. Pondicherry University

29. Christ University

30. Indian School of Mines

31. University of Kalyani

32. Amity University

33. National Islamic University

34. Amrita University

35. Delhi Technological University

36. Sardar Vallabhbhai National Institute of Technology, Surat

37. Symbiosis International University

38. University of Burdwan

39. Indian Institute of Engineering Science and Technology, Shibpur

40. National Institute of Technology, Durgapur

41. National Institute of Technology, Kurukshetra

42. Indian Institute of Technology Guwahati

43. University of Kerala

44. University of Mumbai

45. SRM Institute of Science and Technology

46. Motilal Nehru National Institute of Technology Allahabad

47. National Institute of Technology, Calicut

48. Indian Institute of Technology Patna

49. Nirma University

50. Indian Institute of Technology Hyderabad

51. Post Graduate Institute of Medical Education and Research

52. Graphic Era University

53. Birla Institute of Technology

54. Malaviya National Institute of Technology, Jaipur

55. Guru Nanak Dev University

56. Annamalai University

57. All India Institute of Medical Sciences Delhi

58. Manipal Academy of Higher Education

59. National Institute of Technology, Karnataka

60. National Institute of Technology, Silchar

61. National Institute of Technology, Warangal

62. Pandit Deendayal Petroleum University

63. Maulana Azad National Institute of Technology

64. Siksha O Anusandhan University

65. KIIT University

66. Guru Gobind Singh Indraprastha University

67. National Institute of Technology, Agartala

68. North Eastern Hill University

69. Gujarat University

70. Kalasalingam University

71. Visva-Bharati University

72. Lovely Professional University

73. Jaypee Institute of Information Technology

74. Indian Institute of Foreign Trade

75. Shivaji University

76. Presidency University - Kolkata

77. Govind Ballabh Pant University of Agriculture and Technology

78. Indian Agricultural Research Institute

79. Chaudhary Charan Singh University

80. Indian Institute of Technology Indore

81. ICFAI University, Tripura

82. Dibrugarh University

83. Punjabi University Patiala

84. University of Petroleum and Energy Studies

85. Banasthali University

86. Narsee Monjee Institute of Management and Higher Studies

87. Dr. B R Ambedkar National Institute of Technology Jalandhar

88. Indian Institute of Technology Ropar

89. Saveetha University

90. South Asian University

91. University of Allahabad

92. Maharishi Dayanand University

93. Shri Mata Vaishno Devi University

94. Bharathiar University

95. Dr. Babasaheb Ambedkar Marathwada University

96. Indian Institute of Technology Mandi

97. Indian Institute of Technology Bhubaneswar

98. Visvesvaraya National Institute of Technology

99. National Institute of Technology, Hamirpur

100. IMS Unison University

The best cities to study Econometrics and Mathematical Economics in India based on the number of universities and their ranks are Kolkata , Delhi , Kharagpur , and Kanpur .

Economics subfields in India

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Top Ranking Institutes in India

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No matter where you are, these course will always play an essential role in your life.

Indira Gandhi National Open University, New Delhi

Approved: AICTE , UGC , NCTE , BCI , AIU , INC
Affiliation: Central University
Address: IGNOU Main Road, Maidan Garhi, Saket, New Delhi, Delhi India
Type: University
Website: http://www.ignou.ac.in/ Ph.D. (Economics) University in Delhi

Jamia Millia Islamia university-JMI, Delhi

Approved: AICTE , UGC , NCTE , BCI , NAAC
Address: Jamia Nagar, New Delhi, Delhi ,india
Website: http://jmi.ac.in/ Ph.D. (Economics) University in Delhi

South Asian University-SAU, New Delhi

Approved: AICTE , UGC
Address: Akbar Bhawan, Chanakyapuri, New Delhi, Delhi, India
Website: www.sau.int Ph.D. (Economics) University in Delhi

University of Delhi- DU, Delhi

Address: Delhi, Delhi , India
Website: www.du.ac.in Ph.D. (Economics) University in Delhi

Central University of Kashmir, Srinagar-Jammu and Kashmir

Approved: AICTE , UGC , BCI , NAAC
Address: Srinagar, Jammu and Kashmir , India
Website: www.cujammu.ac.in Ph.D. (Economics) University in Jammu and Kashmir

Guru Ghasidas Vishwavidyalaya, Bilaspur-Chhattisgarh

Approved: AICTE , UGC , NCTE , BCI , PCI , MHRD
Address: Bilaspur, (C.G.), Koni, Chhattisgarh 495009
Website: http://www.ggu.ac.in/ Ph.D. (Economics) University in Chhattisgarh

North Eastern Hill University , Wardha

Address: Umshing Mawkynroh, Shillong, Meghalaya
Website: www.nehu.ac.in Ph.D. (Economics) University in Maharashtra

Nagaland University, Zunheboto

Approved: UGC
Address: Ballard, Nagaland, India
Website: www.nagalanduniversity.ac.in Ph.D. (Economics) University in Nagaland

Central university of Tamil Nadu, Tiruvarur

Address: Neelakudi,, Tiruvarur, Tamil Nadu,India
Website: https://cutn.ac.in Ph.D. (Economics) University in Tamil Nadu

Sri Krishnadevaraya University - SKU, Anantapur

Approved: AICTE , UGC , NCTE , PCI , MHRD , NAAC
Affiliation: State University
Address: Anantapur, Andhra Pradesh 515003, India
Website: http://www.skuniversity.ac.in Ph.D. (Economics) University in Andhra Pradesh

Bodoland University - BU, Kokrajhar

Approved: AICTE , UGC , NCTE
Address: Rangalikhata, Deborgaon, Kokrajhar, Assam-783370, India
Website: http://www.bodolanduniversity.ac.in Ph.D. (Economics) University in Assam

Dibrugarh University - DU, Dibrugarh

Approved: AICTE , UGC , NCTE , BCI , PCI
Address: National Highway,Dibrugarh, Assam 786004, India
Website: http://www.dibru.ac.in Ph.D. (Economics) University in Assam

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Top universities/colleges.

IIS University College of Management, Jaipur-Rajasthan

Affiliation: IIS University
Address: Gurukul Marg, Mansarovar, Jaipur, Rajasthan - 302001
Type: College
Website: www.iisuniv.ac.in Ph.D. (Economics) University in Rajasthan

IIS University College of Commerce, Jaipur-Rajasthan

IIS University College of Fine Arts, Jaipur-Rajasthan

Banasthai Vidyapith College of Ph.D Programmes, Niwai

Affiliation: Banasthai Vidyapith
Address: Niwai - Jodhpuriya Road, Vanasthali, Rajasthan 304022
Website: http://www.banasthali.org/ Ph.D. (Economics) University in Rajasthan

Banasthai Vidyapith College of Post Graduate Programmes, Niwai

Banasthai Vidyapith College of Under Graduate Programmes, Niwai

IIS University College of Languages & Mass Communication, Jaipur-Rajasthan

Approved: UGC , DEB

Birla College of Ph. D. programme, Pilani

Affiliation: Birla Institute of Technology & Science
Address: VidyaVihar Campus, street number 41, Pilani, Rajasthan 333031
Website: http://www.bits-pilani.ac.in/ Ph.D. (Economics) University in Rajasthan

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Lindner College of Business » Programs » Graduate Programs & Certificates

Graduate Programs & Certificates

Learning is a lifelong pursuit. Whether you are seeking to level up your skills, pick up a credential or pivot into a new industry, our offerings can help you achieve your goals.

Lindner's diverse portfolio of graduate degrees help students expand their knowledge, hone their expertise and cultivate their network.

Our engaged, expert faculty craft courses that connect advanced business concepts to the applicable skills top employers demand.

Master's degree options

Master of Business Administration (MBA)
Master of Science in Accounting
Master of Science in Applied Economics
Master of Science in Business Analytics
Master of Science in Finance
Master of Arts in Human Resources
Master of Science in Information Systems
Master of Science in Marketing
Master of Science in Taxation

Graduate certificates

Fast, focused and relevant, our graduate certificates help students gain specialized knowledge of a business function or cross-disciplinary domain in as little as eight months.

Graduate certificates can be completed as standalone programs or in conjunction with the Lindner MBA or master's program.

As a standalone option , graduate certificates help students effectively weave new skills into their existing knowledge, without the commitment of a degree.
Graduate certificates can also serve as the preliminary step to starting a master's degree program. All credits taken as part of a graduate certificate may be subsequently applied towards an MBA or relevant MS degree.
Finally, students can add even more value to their degree * by layering a graduate certificate into their current MBA or MS studies.

Certificate programs are not eligible for federal financial aid and the unversity will not issue an 1-20 for international applicants pursuing a standalone certificate.

Certificate options

Business Foundations
Data Analytics
Data Science
Enterprise Resource Planning
Finance (Investment Management)
Health Care Administration
Health Care Finance
Health Care Operations
Health Care Policy and Regulation
Human Resources
Leadership and Management
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Economic conditions outlook, March 2024

Executives’ latest views on the global economy and their countries’ economies lean much more positive than they did at the end of 2023.

In the latest McKinsey Global Survey on economic conditions, 1 The online survey was in the field from March 4 to March 8, 2024, and garnered responses from 957 participants representing the full range of regions, industries, company sizes, functional specialties, and tenures. To adjust for differences in response rates, the data are weighted by the contribution of each respondent’s nation to global GDP. the outlook on domestic conditions in most regions has become more hopeful, despite ongoing shared concerns about geopolitical instability and conflicts. In a year brimming with national elections, 2 Katharina Buchholz, “2024: The super election year,” Statista, January 19, 2024. respondents increasingly see transitions of political leadership as a primary hazard to the global economy, particularly in Asia–Pacific, Europe, and North America.

Furthermore, respondents now view policy and regulatory changes as a top threat to their companies’ performance, and they offer more muted optimism than in December about their companies’ prospects.

Optimism builds over global and domestic conditions

Respondents share much brighter assessments of the global economy and conditions in their countries than they did at the end of 2023, and views of the global economy are the most positive they’ve been since March 2022 (Exhibit 1). In the December survey, respondents were equally likely to say the global economy had improved and worsened. Today, respondents are twice as likely to report improving rather than deteriorating conditions. Looking ahead to the next six months, respondents are also more optimistic than they were last quarter. Forty-six percent expect the global economy to improve—nearly double the share expecting worsening conditions—while 37 percent expected improvement in the previous survey.

Likewise, respondents offer hopeful views when asked about the most likely near-term scenario for the global economy, suggesting confidence in central banks. They are more likely to expect a soft landing overall—with either slowing or accelerating growth compared with 2023—than a recession (Exhibit 2). The largest share of respondents expect a soft landing, with slowing growth relative to 2023.

Respondents’ views on their own economies have also become more upbeat. Nearly half of respondents say economic conditions at home are better now than they were six months ago, up from 41 percent in December, while just 22 percent say conditions have gotten worse. Respondents in Europe—who offered the most negative assessments of any respondents in September and December—are now nearly twice as likely as in December to say conditions have improved in the past six months, though it is unclear what has prompted that change and whether it is a durable finding.

McKinsey’s original survey research

More than half of respondents expect their economies to improve over the next six months. It’s the first time in two years that a majority of respondents have said that. In most regions, larger shares of respondents express optimism about economic conditions at home now than in December (Exhibit 3).

Geopolitical instability remains top of mind as concerns over political transitions rise

Geopolitical instability and conflict continues to be the most cited risk to global growth, selected by two-thirds of respondents for the second quarter in a row (Exhibit 4). Yet in this first quarterly survey of 2024—a year in which more than 60 countries will hold national elections 3 Katharina Buchholz, “2024: The super election year,” Statista, January 19, 2024. —transitions of political leadership have jumped from the fifth-most-cited to the second-most-cited threat to the world economy. The share of respondents in Europe reporting political transitions as a top threat is 2.4 times the share in December, while the shares in North America and Asia–Pacific have nearly doubled. 4 Prior to the latest survey, respondents in Mexico were included in Latin America in analyses but are now included in North America. We see a smaller uptick in concern about supply chain disruptions, which is cited as a threat by the largest share of respondents since December 2022.

Looking at risks to growth in respondents’ countries, geopolitical instability and conflict remains the top perceived threat, cited by a larger share than in any quarter since March 2022. Uneasiness about domestic political conflicts and transitions of political leadership, now the second- and third-most-cited risks, have overtaken concerns about inflation, which was the second-most-cited risk in December. Among respondents in North America, transitions of political leadership are cited nearly twice as often as in December (Exhibit 5). In Greater China, multiple risks now appear to carry equal weight, whereas in December, inflation was the top concern.

Policy and regulatory changes top the list of cited threats to companies’ growth

As respondents’ concerns about inflation as a domestic threat wane, the survey results suggest that companies are holding off on price increases. For the first time since we began asking about companies’ prices in September 2022, less than half of private-sector respondents in the latest survey—45 percent—say their companies increased the price of their goods or services over the past six months, down from 56 percent in December.

For five quarters, respondents’ most cited risk to their companies’ performance in the next 12 months was weak customer demand. Now, they most often point to policy and regulatory changes as a threat. In December 2023, policy and regulatory changes weren’t even one of the top five perceived risks. This increased wariness of policy changes cuts across most regions, though we see the largest increase in Europe.

Even though weak demand is no longer the most cited risk for companies, optimism over expected demand has tapered since December. Fifty-one percent of respondents expect an increase in customer demand over the next six months, down from 57 percent in December. Yet expectations about profits remain upbeat: about six in ten respondents expect increasing profits in the months ahead, in line with expectations in much of 2023.

The survey content and analysis were developed by Jeffrey Condon , a senior knowledge expert in McKinsey’s Atlanta office; Krzysztof Kwiatkowski , a capabilities and insights expert in the Boston office; and Sven Smit , chair of insights and ecosystems, chair of the McKinsey Global Institute, and a senior partner in the Amsterdam office.

They wish to thank Jan Mischke for his contributions to this work.

This article was edited by Heather Hanselman, a senior editor in the Atlanta office.

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