best place to do phd in economics 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.

Read more: https://uqidar.org/

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The Indian Institute of Management Bangalore (IIMB) believes in building leaders through holistic, transformative and innovative education

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IIM Bangalore offers Degree-Granting Programmes, a Diploma Programme, Certificate Programmes and Executive Education Programmes and specialised courses in areas such as entrepreneurship and public policy.

Diploma Programme

• Post Graduate Programme in Public Policy and Management (PGPPM)

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Centres Of Excellence

To focus on new and emerging areas of research and education, Centres of Excellence have been established within the Institute. These ‘virtual' centres draw on resources from its stakeholders, and interact with them to enhance core competencies

CENTRES OF EXCELLENCE

• Capital Markets & Risk Management
• Corporate Governance & Sustainability
• Mizuho India Japan Study Centre
• Software & IT Management
• Supply Chain Management
• Teaching & Learning

Faculty members at IIMB generate knowledge through cutting-edge research in all functional areas of management that would benefit public and private sector companies, and government and society in general.

IIMB Institutional Review Board (IRB)

Iimb management review, journal of indian institute of management bangalore.

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• Degree-Granting Programmes and Certificate Programme
• Doctor of Philosophy (Ph.D.)
• Specializations

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.

Research Overview

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.

Research Spotlight

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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To learn more about faculty in the area click here

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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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Ph.d – economics & finance.

Inauguration of the HSS Media Lab.

20 April, 2024 | K K Birla Goa

BITS Pilani – RMIT PhD Recruitments

17 April, 2024 | K K Birla Goa

An International Conference on Sustainable Urban W...

6 April, 2024 | Hyderabad

Ph.D. Admission Open for Second Semester, Academic...

5 April, 2024 | K K Birla Goa

National Symposium on Current Trends in Pharmac...

1 April, 2024 | Hyderabad

Research Methodology Workshop Series on Conducting...

22 March, 2024 | K K Birla Goa

Ph.D. Admission open for 2024-25

21 March, 2024 | K K Birla Goa

Research Methodology Workshop Series on Action Res...

17 March, 2024 | K K Birla Goa

Research Methodology Workshop Series on Ethnograph...

International women’s day celebrations ̵....

6 March, 2024 | Hyderabad

Admission to the Ph.D Programme (Full-time and Par...

4 March, 2024 | Pilani

BITSAT-2024

29 February, 2024 | Pilani

Celebration of Founder’s Day with great enthusia...

27 February, 2024 | Pilani

International conference on Wit, Humour, and the C...

13 February, 2024 | K K Birla Goa

Research Methodology Workshop Series Topic – Dat...

6 February, 2024 | K K Birla Goa

Research Methodology Workshop Series Topic –...

27 January, 2024 | K K Birla Goa

HSS Research Forum invites you for Research Method...

15 January, 2024 | Hyderabad

2024 Batch Reunion for Batches of 2012 & 2013

11 January, 2024 | Hyderabad

IUCN CEM Forest Ecosystem Specialist Group, CEM So...

11 December, 2023 | K K Birla Goa

An international workshop on: Depth, Surface and M...

1 December, 2023 | K K Birla Goa

Overseas Student Doctoral Programme Academic Year ...

30 November, 2023 | Pilani

One – day International Workshop as part of...

14 November, 2023 | K K Birla Goa

Indian-European Advanced Research Network & De...

7 November, 2023 | K K Birla Goa

 Beaux Arts and the Second Empire

26 September, 2023 | K K Birla Goa

JOINT PH.D. SCHOLARSHIP – BITS PILANI AND RMIT U...

18 September, 2023 | Pilani

16 September, 2023 | Pilani

12 September, 2023 | Pilani

BITS RMIT PhD Admission | Sem-II 2023-24

7 September, 2023 | Pilani

BITS Pilani launches PhD Program to create Deep Te...

18 August, 2023 | Pilani

Independence Day was celebrated at BITS Pilani, Pi...

15 August, 2023 | Pilani

Convocation 2023 held at BITS Pilani, Pilani campu...

Class coordinators for fd and hd programs.

11 August, 2023 | Pilani

List of Electives (1st SEM)

Farewell to phd scholar saurabh mundra., admissions 2017, iccd3 2-4 march 2017- some glimpses, department of pharmacy at bits pilani, pilani camp..., applications are invited from the eligible candida..., jrf position in dst-rajasthan project (dr. anupama..., jrf position in industry sponsored project on “n..., phd admission in i sem 2018-19, bits m. pharm-2018 advertisement, applications are invited from suitable candidates ..., dr anil jindal conferred with eudragit award 2017 ..., mr. ginson george (ph.d. scholar working with dr. ..., bits admission test – 2019 “bitsat-2019..., phd short listing criteria, phd admission in i sem 2019-20, jrf positions under dr. deepak chitkara and dr. an..., jrf for “the office of principal scientific advi..., dst inspire fellowship to mr. prashant auti (phd r..., dr. p.d. sethi memorial national award 2019 confer..., call for research position (jrf / srf) in indo-aus..., ph.d admission in first semester 2021-22, world pharmacist day celebrated on 25th september ..., applications are invited from interested and motiv..., mr. arihant kumar singh, phd scholar working with ..., mr. s n c sridhar (ph.d research scholar working w..., phd admission in ii sem 2018-19, jrf position in an icmr sponsored project under dr..., dr. atish t. paul conferred the “best professor ..., guest lecture delivered by dr. sanyog jain, associ..., miss arisha mahmood (m.pharm, ii semester ) won th..., jrf position under dr. anupama mittal in icmr spon..., jrf position under dr. paul atish tulshiram in dst..., jrf position under prof. ranendra n. saha (pi) &am..., mr. kishan s italiya (ph.d. research scholar) work..., a two day workshop on pharmacokinetic & pharma..., ph.d admission in first semester 2020-21, pharmacist day celebrated at department of pharmac..., international virtual conference on drug discovery..., 03 phd scholars (department of pharmacy) selected ..., virtual conference on regulatory aspects and intel..., prof. rajeev taliyan conferred the nams membership..., miss violina kakoty, phd scholar working with prof..., ms. paramita saha (ph.d. scholar working under dr...., virtual conference on pharmacy: always trusted for..., deepak kumar sahel, phd scholar with prof. deepak ..., deepak kumar sahel, ph.d. student working with pro..., ms. shreeya p shah (b. pharm. 2ndyear) working wit..., disso research presentations india (drpi) 2022, department of pharmacy, bits pilani has organised ..., dr. raj kumar gupta visited raman research instit....

10 August, 2023 | Pilani

Dr. Manjula Devi visited IISC Bangalore for a coll...

“fp7-people-irses msnano network”, which is be..., recently department of physics has started its own..., international project on msnano of european commis..., international workshop on data analytics & app....

3 August, 2023 | Pilani

INDO – CHILE Workshop on BIG Data

Workshop on blockchain technology and applications, congratulations to dr. mamta devi sharma for her s....

1 August, 2023 | Pilani

Congratulations to Dr. Bintu Kumar for his success...

Welcome dr. nitika grover in the department of che..., congratulations to dr. jyothi yadav for her succes..., congratulations to dr. chikkagundagal k. mahesha f..., congratulations to dr. amol prakash pawar for his ..., heartiest congratulation to manisha for receiving ..., congratulation to prof. indresh kumar for receivin..., one jrf/project associate-i position is available ..., applications are invited from highly motivated and..., chemistry department seminar are held on every thu..., aspects of effective teaching.

22 July, 2023 | Hyderabad

20 July, 2023 | Hyderabad

The Indian Mathematical Society (IMS)-2023

19 July, 2023 | Hyderabad

13 June, 2023 | Pilani

Learn more about BITS-RMIT Higher Education Academ...

9 June, 2023 | Pilani

BITS Pilani invites applications to register for P...

11 May, 2023 | Pilani

Admission to Ph.D Programmes

2 May, 2023 | Hyderabad

Bachelor of Science in Computer Science

20 April, 2023 | Pilani

President Droupadi Murmu confers Padma Bhushan, In...

28 March, 2023 | President Droupadi Murmu confers Padma Bhushan, India’s third-highest civilian award, to our Chancellor Dr. Kumar Mangalam Birla at the Rashtrapati Bhavan.

BITS Law School, Mumbai Campus

9 March, 2023 | Mumbai

26 January, 2023 | Pilani

74th Republic Day Celebrations at BITS Pilani K K ...

26 January, 2023 | K K Birla Goa

Floral Tribute to Shri G D Birlaji on 71st Founder...

National startup investor day celebrated by bits p....

18 January, 2023 | K K Birla Goa

“9th International Conference on Mathematics �...

9 January, 2023 | K K Birla Goa

National Symposium on Convergence of Chemistry �...

3 January, 2023 | Hyderabad

2 Day National Workshop on Challenges in Welding a...

Chancellor’s medal winners 2022.

2 January, 2023 | Dubai

International conference on ‘Aggregation-Induced...

24 December, 2022 | K K Birla Goa

BPDC Wins The BEST ENGINEERING UNIVERSITY – ...

19 December, 2022 | Dubai

Heartiest congratulation to sumit for receiving th...

16 December, 2022 | Pilani

BPDC’s Wall Street Club Secures the Top Posi...

16 December, 2022 | Dubai

Utilizing microbiome science to improve host healt...

26 November, 2022 | Pilani

AUTO Ltd. SCHOLARSHIP Announcement

24 November, 2022 | Pilani

FDP on Sustainability in Civil Engineering begins ...

21 November, 2022 | Pilani

Programmable DNA nanodevices to instruct biologica...

19 November, 2022 | Pilani

SPARKS 2022

31 October, 2022 | Dubai

Identifying risk predictors for Cardiovascular Dis...

31 October, 2022 | Pilani

GANDHI JAYANTI

28 October, 2022 | Dubai

Studying the mechanisms underlying anti-inflammati...

26 October, 2022 | Pilani

Chemistry department has organized DST-STUTI works...

15 October, 2022 | Pilani

Innate immune recognition of bacterial toxins

14 October, 2022 | Pilani

Cell Counting As A Part Of The Animal Cell Technol...

27 September, 2022 | Pilani

5 September, 2022 | Pilani

Memorandum of Understanding (MoU)

30 August, 2022 | Pilani

ICON-BITS-2023

25 August, 2022 | Pilani

22 August, 2022 | Pilani

Convocation 2022, Pilani Campus

Independence day celebration- 2022.

15 August, 2022 | Pilani

Drosophila eye model to study patterning and dise...

2 May, 2022 | Pilani

Informatics-Driven Advances in Biological Sciences

2 March, 2022 | Pilani

Lung cancer and Lung cancer screening

8 February, 2022 | Pilani

Sleep modulation by glial transporters in Drosophi...

23 October, 2021 | Pilani

Applications of Synthetic Biology in Metabolic Eng...

Engineering analysis of living systems.

15 June, 2021 | Pilani

Genesis issue

24 April, 2021 | Pilani

The joys and sorrows of any life in science

6 March, 2021 | Pilani

Deeper exploration of cellular heterogeneity with ...

22 February, 2021 | Pilani

Biomolecular interactions measurement using Thermo...

12 February, 2021 | Pilani

A Demo on ‘FPLC’

29 January, 2021 | Pilani

Indian Workshop on Applied Deep Learning (IWADL201...

15 December, 2019 | Pilani

One day Workshop on Blockchain Technology and Appl...

10 November, 2019 | Pilani

International conference on Intelligent Human Comp...

12 December, 2016 | Pilani

Department of Physics, BITS Pilani has successfull...

5 November, 2015 | Pilani

“International Conference on Soft Materials&...

6 October, 2014 | Pilani

Indo-Chile Workshop on Big Data 2014 (ICWBD)

4 June, 2014 | Pilani

The Department of Physics, BITS Pilani, Pilani Cam...

23 March, 2014 | Pilani

Department of Physics, BITS Pilani organized a wor...

7 March, 2014 | Pilani

“Proton acceleration by circularly polarized...

8 July, 2013 | Pilani

Dr. Tapomoy Guha Sarkar taught a course on General...

1 July, 2013 | Pilani

“Thermal studies on materials: A case study...

20 June, 2013 | Pilani

Dr. Tapomoy Guha Sarkar visited the Department of ...

10 June, 2013 | Pilani

Dr. Navin Singh has delivered an invited lecture o...

30 March, 2013 | Pilani

Dr. Anshuman Dalvi has delivered an invited lectu...

Research paper titled “conformational and or....

25 March, 2013 | Pilani

26 February, 2013 | Pilani

“Program on CP Violation in elementary parti...

19 February, 2013 | Pilani

Dr. Jayendra N Bandyopadhyay has delivered Colloqu...

Dr. jayendra n bandyopadhyay has delivered prestig....

18 February, 2013 | Pilani

Dr. Jayendra N Bandyopadhyay has delivered an ivi...

25 January, 2013 | Pilani

Dr. Madhukar Mishra has recently given a talk on &...

18 January, 2013 | Pilani

Dr. Jayendra N Bandyopadhyay has delivered an invi...

6 January, 2013 | Pilani

Dr Subhashis Gangopadhyay presented a paper title...

3 January, 2013 | Pilani

Dr. Tapomoy Guha Sarkar participated in the ASTRON...

19 December, 2012 | Pilani

Workshop on Introduction to Graphs and Geometric A...

22 January, 2009 | Pilani

Pilani, K K Birla Goa, Hyderabad

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

Aswini Kumar Mishra

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

Dr. ACV Subrahmanyam

Assistant ProfessorDepartment of Economics and Finance

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The Ashoka approach to Economics is fundamentally about bringing together cutting edge economic theory and rigorous data analysis to address questions at the frontiers of research. Our faculty members are engaged in active research in applied microeconomic theory, game theory, decision theory, development economics, labour economics, health economics, public economics, political economy, behavioural economics, experimental economics, economics of discrimination, macroeconomic theory, empirical macroeconomics, monetary economics, and international finance.

Programme Requirements

The first two years are primarily focused on coursework and developing a research plan. From the third year onwards, PhD candidates will present their work at seminars, and write up their research in the form of research papers that together form a draft PhD dissertation.

In the first year, students will focus on building a strong foundation. In the first year, students must take six courses: a year-long sequence of each of the three core courses: Microeconomics, Macroeconomics, Statistics/Econometrics.

Monsoon Semester

• Microeconomics I
• Macroeconomics I

Spring Semester

• Microeconomics II
• Macroeconomics II Econometrics I

In order to meet the requirements for the PhD, students must maintain a minimum grade of B or 3.0/4.0 in these courses.

A first-year course requirement may be waived in specific circumstances, usually subject to passing a qualifying exam in a given subject, and with the permission of the PhD coordinator(s). However, students must ensure they take at least 6 courses in their first year by taking elective courses or PhD reading courses in lieu of any first-year core courses for which they get a waiver.

Appointment of faculty mentor(s)

Up to two faculty mentors will be appointed by the PhD Coordinator(s) of each individual department while taking into account (a) match between supervisor’s (and co-supervisor’s) specialization and area of proposed research, (b) student preference(s), and (c) number of students being supervised by individual faculty members. The mentors’ key role is to encourage and assist the students to find a faculty advisor, and to help the students navigate through the program requirements.

In the second year, students will develop their research interests by taking a total of three elective courses in their second year (across the monsoon and spring semesters). In order to meet the requirements for the PhD, students must maintain a minimum grade of B or 3.0/4.0 in these courses. In case students have already taken elective courses in their first year in lieu of core courses for which they have received waivers, they can take more elective courses in their second year, but they will not be required to take any more than 6 elective courses across both years. 

The list of elective courses offered in any semester will be announced closer to the date. Amongst others, students can expect elective courses in the following areas: Advanced Game Theory, Advanced Macroeconomics, Behavioral Economics, Decision Theory, Development Economics, Economic and Social Networks, Experimental Economics, Health Economics, History of Economic Thought, Industrial Organization, International Economics, Public Economics, Political Economy, Time Series Analysis.

Students already holding an MPhil degree prior to admission at Ashoka University may apply to have the elective course requirements waived, and move directly to submitting a research plan.

Finding an Advisor

Students are strongly encouraged to find a potential advisor(s) within 1.5 years into the program, that is, after their third semester. This will ensure that the students have adequate guidance while writing the proposal for candidacy and will be able to submit it on time. The PhD mentors assigned to the students will facilitate them in finding the advisors.

Admission to Candidacy

To attain candidacy, students must submit a research proposal working towards the final dissertation. The deadline for the proposal is the beginning of their third year, that is, after the second year summer before the start of the Monsoon semester. The proposal should include a well developed research plan. The details of the proposal will be determined by the respective advisor and the Student Research Committee.

Students will then be called upon to orally defend their research plan before their Student Research Committee (SRC), specifically constituted for each PhD student. The Student Research Committee will be appointed by the Program Coordinator of the Department before the student plans to defend their Research Plan. It will be chaired by the student’s faculty advisor (must be a permanent faculty (tenured or non-tenured) of the Economics department at Ashoka University) and will include as members: (a) co-advisor, if any, and (b) at least one permanent faculty member (tenured or non-tenured) from Ashoka University Economics Department, and at least one external committee member who is from outside the department (may be from any other department within the university or outside the university) who specializes in a related area. Post candidacy, students can change the composition of the Student Research Committee after getting approval from the PhD coordinators and the Research office.

Students may apply to be formally admitted to PhD candidate status once they have completed their coursework requirements and successfully defended a research plan.

The university requires that an incoming PhD student holding a MPhil/MTech degree need to fulfill the candidacy requirements within 1.5 years.

Presentations

After candidacy, students are expected to present at least once every year in the Graduate Event which is annually organized by the Economics Department. Besides presenting at Ashoka, students are encouraged to present their research in seminars or conferences outside the university.

Research Committee review

Students who have been admitted to PhD candidate status must meet with their Student Research Committee (SRC) to review their progress once a year.

PhD Grad Event

The department, every year, will organize a PhD grad event which will consist of student presentations and faculty panels.

• Student Presentations: The upper year PhD students who have been admitted to candidacy will present their work. The content of the presentation will be mutually decided by the student and the faculty advisor.
• Faculty Panels: Besides student presentations, there will be faculty panels to guide the PhD students. This will provide the PhD students an opportunity to interact with faculty, exchange ideas, and in general prepare them to become a professional economist.

Dissertation defence

Once admitted to candidacy, students will write up their research in the form of research papers, which together form a draft PhD dissertation. Students will be required to subject the draft dissertation to a check for plagiarism using standard software.

Students will submit the dissertation to his/her SRC for its internal assessment. With the approval of the SRC, the dissertation will be submitted to at least two external examiners and to the Faculty supervisor(s) for their formal assessment and recommendation. On the independent recommendation of each external examiner, supervisor and co-supervisor, the SRC will formally conduct a viva voce examination in the presence of at least one, but preferably both, external examiners. The examination will be open to all faculty members and students from Ashoka University.

After the viva voce, a copy of the dissertation is deposited with the INFLIBNET, and with Ashoka University Library.

Students must submit their final dissertation within six years of the date of admission to the PhD Programme. Based on need or justification, an extension of up to 1 year may be recommended by the SRC, and granted by Dean (Graduate Programs).

Ph.D. Scholars

Ph.D. in Economics Admissions

Applications for the ph.d. programme in economics for the year 2024 are now open..

Applicants must apply through the online admissions portal. Admissions to the Ph.D. programme will be based on a written entrance examination as well as an interview. The application portal will close on 27th  March 2024 . The entrance examination will be held online on 5th May 2024 .

Study at Ashoka

Programme Interested In Undergraduate Programme Young India Fellowship YSP PhD MA - Economics MA English MSC Biology

Year of Admission 2022-23 2023-24 2024-25 2025-26

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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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Frequently Asked Questions

What is a ph.d. in economics.

The highest academic degree available in economics is a Ph.D., which emphasizes advanced study and specialized understanding in economic theory, policy analysis, and empirical research.

How long does it take to complete a Ph.D. in Economics?

A Ph.D. in Economics normally takes between three and five years to complete, depending on the university and the student's progress.

What are the eligibility criteria for a Ph.D. in Economics?

Candidates often require a master's degree in economics or a closely related discipline, as well as a strong academic record. Additionally, exceptional applicants with a bachelor's degree might be accepted by some colleges.

What entrance exams are required for Ph.D. in Economics admissions?

Common entrance exams include the UGC NET in Economics, GATE (Economics), JNU Entrance Exam, and the ISI Admission Test.

What is the scope of a Ph.D. in Economics?

A Ph.D. in Economics can lead to employment in academia, research facilities, economic consulting firms, governmental organizations, and international organizations, among other professional pathways.

Can international students apply for Ph.D. in Economics programs in India?

Yes, a lot of Indian institutes accept applications from students from other countries. They might also need you to take tests like the TOEFL or IELTS to prove your English competence.

What is the average stipend or financial support for Ph.D. students in Economics?

Universities offer different financial assistance and stipends. To help Ph.D. students in their studies, several schools provide research assistantships, scholarships, or teaching assistantships.

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100 Best universities for Economics in India

Updated: February 29, 2024

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• Mathematics

Below is a list of best universities in India ranked based on their research performance in Economics. A graph of 2.08M citations received by 227K academic papers made by 431 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. University of Delhi

For Economics

2. Indian Institute of Technology Kanpur

3. Indian Statistical Institute

4. Indian Institute of Technology Delhi

5. Indian Institute of Technology Kharagpur

6. Indian Institute of Science

7. Jawaharlal Nehru University

8. All India Institute of Medical Sciences Delhi

9. Indian Institute of Technology Bombay

10. Indian Institute of Technology Roorkee

11. Jadavpur University

12. Indian Institute of Technology Madras

13. VIT University

14. Banaras Hindu University

15. Aligarh Muslim University

16. National Islamic University

17. Christ University

18. University of Calcutta

19. Savitribai Phule Pune University

20. Anna University

21. Indira Gandhi Institute of Development Research

22. Post Graduate Institute of Medical Education and Research

23. Amity University

24. Manipal Academy of Higher Education

25. Symbiosis International University

26. Tata Institute of Fundamental Research

27. Birla Institute of Technology and Science

28. National Institute of Technology, Rourkela

29. Amrita University

30. University of Hyderabad

31. Thapar Institute of Engineering and Technology

32. Panjab University

33. Indian Institute of Technology Guwahati

34. National Institute of Technology, Tiruchirappalli

35. Pondicherry University

36. Indian School of Mines

37. Vidyasagar University

38. Tata Institute of Social Sciences

39. Guru Nanak Dev University

40. International Institute for Population Sciences

41. Delhi Technological University

42. National Institute of Mental Health and Neuro Sciences

43. University of Burdwan

44. SRM Institute of Science and Technology

45. University of Rajasthan

46. Maulana Azad National Institute of Technology

47. Malaviya National Institute of Technology, Jaipur

48. IMS Unison University

49. University of Kalyani

50. KIIT University

51. Nirma University

52. Punjabi University Patiala

53. Cochin University of Science and Technology

54. Indian Agricultural Research Institute

55. Lovely Professional University

56. Mangalore University

57. University of Mumbai

58. University of Petroleum and Energy Studies

59. Annamalai University

60. National Institute of Technology, Durgapur

61. Motilal Nehru National Institute of Technology Allahabad

62. National Institute of Technology, Karnataka

63. National Institute of Technology, Kurukshetra

64. Guru Gobind Singh Indraprastha University

65. National Institute of Technology, Calicut

66. Graphic Era University

67. Birla Institute of Technology

68. Indian Institute of Engineering Science and Technology, Shibpur

69. Punjab Agricultural University

70. Sardar Vallabhbhai National Institute of Technology, Surat

71. Narsee Monjee Institute of Management and Higher Studies

72. Maharaja Sayajirao University of Baroda

73. University of Kashmir

74. King George's Medical University

75. Bharathiar University

76. National Institute of Technology, Silchar

77. Indian Institute of Foreign Trade

78. SASTRA University

79. Chandigarh University

80. Indian Institute of Technology Hyderabad

81. Sanjay Gandhi Post Graduate Institute of Medical Sciences

82. Dr. Hari Singh Gour University

83. Andhra University

84. National Institute of Technology, Hamirpur

85. University of Madras

86. Visva-Bharati University

87. Siksha O Anusandhan University

88. Indian Institute of Technology Indore

89. Jaypee Institute of Information Technology

90. University of Allahabad

91. University of Kerala

92. National Institute of Technology, Warangal

93. Jawaharlal Institute of Postgraduate Medical Education and Research

94. Chitkara University - Punjab

95. Karunya Institute of Technology and Sciences

96. Bharathidasan University

97. South Asian University

98. Saveetha University

99. Bharati Vidyapeeth Deemed University

100. Presidency University - Kolkata

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

Economics subfields in India

PhD program

Ph.D. students can avail of generous research fellowships offered by the ISI. Students who will do field work to collect their own data or have other needs for research funds can get funding from the PPRU (Planning and Policy Research Unit), an endowment given to the Economics and Planning Unit by the Planning Commission. A congenial and stimulating environment for research includes the active seminar series , the annual conference on growth and development , (one of the world’s major conferences in development economics, and the largest in India), and the opportunity to interact with internationally established empirical researchers through the International Growth Centre -ISI conferences . There are ample opportunities to go to national and international conferences and present research. Doctoral students typically get funded for one international conference a year, subject to the availability of funding. The presence of a very strong Statistics and Mathematics Unit at the ISI, Delhi, means that Ph.D. students interested in applied work or econometrics have additional intellectual resources to draw upon.

• Past PhD Students

Below are a set of FAQs that we regularly encounter from prospective students.

How do I apply to ISI’s Ph.D. program?

There are two ways of becoming a PhD student at the Economics and Planning Unit, depending on whether you want to avail of a Junior Research Fellowship (JRF) from the ISI, or not.

If you want a JRF , you must pass a nation-wide written selection test which has two papers: one in Mathematics (called RE 1) and one in Economics (called RE 2). The exam is typically held in the second week of May of each year. After passing the written selection test, you will be invited for an interview which is held in the first or second week of July. Successful clearing of the interview leads to the award of a Junior Research Fellowship (JRF) and enrollment in the PhD program. The average intake over the past few years is roughly five students.

The syllabus and sample exam are available here .

If you do not want a JRF fellowship, write to the Chairman of the Research Fellows Advisory Committee (cghate [at] isid.ac.in) with your CV. If you are eligible, you will be interviewed by a committee, and admitted to the PhD program if you pass the interview. Within two years of your admission, you must pass the written Selection Test for JRF’s. Please note that students entering through this route have outstanding academic backgrounds.

How is the program structured?

On entry to the program, based on preliminary research interests, each student is assigned to a faculty advisor. Based on the prior academic record of the entering student, the advisor recommends a sequence of courses for the student to take offered by the faculty. Most students spend their first year, or first three semesters taking a variety of regular and reading courses (mainly in the Economics and Planning Unit, but also in the Stat-Math unit). Strong course work is an essential ingredient in writing a good thesis. These courses are taken for a grade and are rigorous and demanding. After two years, the candidate is promoted to SRF (Senior Research Fellow) assuming successful completion of their second year.

What happens after the second year?

All doctoral students are required to present a 5th semester paper to the faculty. This paper constitutes major work done by the student, whether it is empirical, or theoretical, on a first paper, or first chapter of the student’s thesis. Each annual promotion after the second year (third year and beyond) requires approval from both the RFAC (Research Fellow Advisory Committee) as well as the student’s thesis committee.

How long does it take to finish a Ph.D.?

The median is about 6 years, although many students submit their thesis in 5 and a 1/2 years. This is the same amount of time it takes in top doctoral programs in the US and Europe. Funding is currently provided for the first five years. Under the current rules, students register their Ph.D’s after the first two years.

Can I do my Ph.D. part time?

While nothing in the rules prevent this, our strong recommendation is a no. If you are employed, it is better to take study leave.

Suppose my background is in engineering or physics, or some other field, should I still take the Selection Test?

If you don’t have formal training in economics as part of your education, we strongly encourage you to contact us, or take the Selection Test. We have had several students in the past who have successfully completed our doctoral program (and passed the Selection Test) who didn’t have economics as a first line of study.

If I choose to work, do I have to give up my JRF/SRF Funding?

Yes, under the current rules, you cannot be paid by two sources.

What about hostel accommodation?

This is provided to all Ph.D. students who wish to avail of it.

Why should I do my Ph.D. at the ISI?

Because it is a world-class doctoral program in economics, with top faculty in many fields. We find there is huge value added to our students compared to when they enter. They are able to think on their feet when they are done, and become outstanding faculty members in other universities.

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ANNOUNCEMENT

The application for the PhD program 2023 is now closed. The in person written test (if applicable) and the online interview dates are 25th and 26th May, 2023. The shortlisted candidates will only be informed via email by the phd office ( [email protected] ) and are requested to mark this email id as safe and so that the intimation does not go to your spam folder. 

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

(i) M.A/M.Sc or M.Phil Degree in Economics 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.

(iv)     Part-time candidate should provide employment letter and no objection letter from the employer at the time of written test/interview.

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 : (i) Meritorious candidates (excluding those with UGC JRF) in the Economics program may be considered for Dr. Devaki Muthiah & Dr. A.C. Muthiah Research Scholarship (4 numbers) and Institutional fellowship (2 numbers) for a period of three years from the date of joining and extendable to one more year based on their performance.

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) Only shortlisted applicants will be called for the admission test.

(ii) Shortlisted applicants with valid scores mentioned in Eligibility (iii) have to appear only for a (personal) interview through online mode. All other shortlisted applicants will appear for both written test and personal interview (in person).

(iii) The shortlisted applicants will be considered for final selection to the PhD program on the basis of (a) 30% from the last qualified degree exam as per eligibility, (b) 40% from one of the scores mentioned in Eligibility (iii) or the written part of entrance test and (c) 30% from personal interview.

(iv) Candidates with overall cumulative of at least 50% in the total score and a minimum of 50% in the interview will only be considered for final selection.

(v) At the time of joining, the selected candidates will submit the hard copy of the filled in application form along with a photocopy of the listed documents.

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 will be for a maximum of 45 minutes and candidates must answer two questions of 20 marks each.

(ii) Candidates will have to answer one question from Section A and one question from Section B. There will be 4 questions in each section to choose from.

(iii) Section A will be on Quantitative Methods; Section B will have questions from Economics. All sections will include post-graduate level syllabus commonly followed in India.

(v) Section A on Quantitative Methods will include topics in Mathematical Methods, Operations Research, Statistics and Econometrics.

(vi) Section B on Economics will include topics listed in the UGC-NET syllabus with emphasis on Microeconomics, Macroeconomics and topics on Indian Economy.

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

(viii) 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.

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

Rules and Regulations : 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/

Important dates

Ph.D. Admission – Notification

For queries, contact :.

[email protected]

Enquire now

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Top Ranking Institutes in India

Where dreams turn into reality.

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

Shivaji University - SU, Kolhapur

• Approved: AICTE , UGC , NCTE , BCI , PCI , MCI , DCI , COA , NAAC
• Affiliation: State University
• Address: Vidyanagar, Kolhapur, Maharashtra 416004, India
• Type: University
• Website: http://www.unishivaji.ac.in Ph.D. (Economics) University in Maharashtra

The Assam Royal Global University - TARGU, Guwahati

• Approved: AICTE , UGC , BCI , COA
• Affiliation: Private University
• Address: Betkuchi, Opp. Tirupati Balaji Temple, NH 37, Guwahati, Assam 781035, India
• Website: http://www.rgu.ac Ph.D. (Economics) University in Assam

Jamia Millia Islamia university-JMI, Delhi

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

Osmania University - OU, Hyderabad

• Approved: AICTE , UGC , NCTE , BCI , PCI , NAAC
• Address: Hyderabad, Telangana 500007, India
• Website: http://www.osmania.ac.in Ph.D. (Economics) University in Telangana

Mumbai University - MU, Mumbai

• Approved: AICTE , UGC , NCTE , BCI , DEB , PCI , MCI , DCI , COA
• Address: M.G. Road, Mumbai, Maharashtra 400032, India
• Website: http://www.mu.ac.in Ph.D. (Economics) University in Maharashtra

University of Delhi- DU, Delhi

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

SRM University - SRMU, Kanchipuram

• Approved: AICTE , UGC , NCTE , PCI , MCI , DCI , COA , INC
• Affiliation: Deemed University
• Address: SRM Nagar, Kattankulathur, Kanchipuram, Tamil Nadu 603203, India
• Website: http://www.srmuniv.ac.in Ph.D. (Economics) University in Tamil Nadu

Nalanda Open University - NOU, Patna

• Approved: UGC , DEB
• Address: 2nd/3rd Floor, Biscomaun Bhawan, Gandhi Maidan, Patna, Bihar 800001, India
• Website: http://www.nalandaopenuniversity.com Ph.D. (Economics) University in Bihar

Allahabad State University - ASU, Allahabad

• Approved: AICTE , UGC , NCTE , MCI
• Address: Mahatma Gandhi Road, Civil Lines, Allahabad, Uttar Pradesh 211001, India
• Website: http://www.alldstateuniversity.org Ph.D. (Economics) University in Uttar Pradesh

Indira Gandhi National Open University, New Delhi

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

Punjabi University - PU, Patiala

• Approved: AICTE , UGC , NCTE , BCI , COA
• Address: NH-64, Urban Estate, Phase II, Patiala, Punjab 147002, India
• Website: http://www.punjabiuniversity.ac.in Ph.D. (Economics) University in Punjab

University of Burdwan - UOB, Bardhaman

• Approved: AICTE , UGC , NCTE , BCI , AIU , NAAC
• Address: Rajbati, Bardhaman, West Bengal 713104, India
• Website: http://www.buruniv.ac.in Ph.D. (Economics) University in West Bengal

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Top universities/colleges.

OPJS University, Churu

• Approved: AICTE , UGC , NCTE , BCI , PCI , MHRD , COA
• Address: Rajgarh (Sadulpur) - Churu – Rajasthan
• Website: www.opjsuniversity.edu.in Ph.D. (Economics) University in Rajasthan

M.J.P. Rohilkhand University - MJPRU, Bareilly

• Approved: AICTE , UGC , NCTE , BCI , DCI
• Address: 7 Km from the Bareilly Railway Station, Pilibhit Bye Pass Road Bareilly, Uttar Pradesh 243006, India
• Website: http://www.mjpru.ac.in Ph.D. (Economics) University in Uttar Pradesh

Singhania University - SU, Jhunjhunu

• Approved: AICTE , UGC , AIU
• Address: Pacheri Bari,Jhunjhunu, Rajasthan 333515, India
• Website: http://www.singhaniauniversity.co.in Ph.D. (Economics) University in Rajasthan

Goa University - GU, North Goa

• Approved: UGC
• Affiliation: Show more detail...
• Address: Taleigao Plateau, Taleigao North Goa, Goa 403206 , India
• Type: College
• Website: www.unigoa.ac.in Ph.D. (Economics) University in Goa

University of Madras - UOM, Chennai

• Approved: AICTE , UGC , NCTE , MCI , AIU , NAAC
• Address: Chepauk Campus, Triplicane, Chennai, Tamil Nadu 600005, India
• Website: http://www.unom.ac.in Ph.D. (Economics) University in Tamil Nadu

Uttarakhand Open University - UOU, Nainital

• Approved: UGC , NCTE , BCI , MCI
• Address: Kusumkheda, Haldwani, Nainital, Uttarakhand 263141, India
• Website: http://www.uou.ac.in Ph.D. (Economics) University in Uttarakhand

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Ph.D Economics

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.

Read More On  PhD Economics Jobs 

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.

Read More On PhD Economics Salary

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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Top PhD Colleges in India 2024

India is home to some of the best Ph.D colleges which offer the degree in various disciplines such as management, science, arts and humanities, engineering, information technology etc. Ph.D is one of the most versatile courses and there are different streams that you can look at while planning to attain a Ph.D. degree . To get into one of the top Ph.D colleges in India, one has to appear in different Ph.D entrance exams which are course/ field specific. Given below is the detailed information about top PhD colleges in India, fee structure, eligibility and other important information.

The PhD colleges in India are approved either by AICTE, UGC or NAAC. The admission process may vary from college to college. Some of the popular Ph.D colleges in India are IITs, IIMs, Delhi University, and private universities like O.P. Jindal Global University, Amity University, Lovely Professional University and others. Apart from Ph.D courses, these colleges offer UG, PG, diploma and M . Phil courses as well. For PhD admissions in India, you can appear in entrance exams such as UGC NET, JRF, GATE, etc. The requirement for appearing in an entrance exam will depend upon the field or stream of PhD study and choice of the college. Most of the PhD colleges in India offer hostel facility for both male and female students as the completion of the entire research may take years. Apart from regular PhD courses, many universities in India also offer part-time PhD courses which can be pursued alongside taking up industry jobs.

The students can opt for them as per their convenience. There are many job profiles available for scholars after completing their PhD course or fellowship. From professors to research scientists, there are many career options available for PhD degree holders. The number of seats for each course and the selection criteria is also given in detail in the respective colleges listed below. The best PhD colleges in India assure great placement opportunities for the students. Go through the details to find out the facilities each campus offers.

Applied Filters :

• Ph.D. (Doctor of Philosophy)

IIM Ahmedabad

10.0 - 27 Lacs Fees

EQUIS Accredition

33.4 Lacs Avg Package

• Shortlisted by  2323+  students
• Fees and Courses (6)
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20 K - 8.1 Lacs Fees

NAAC Accredition

JEE Main Exams

• Shortlisted by  2379+  students
• Fees and Courses (123)

IIM Bangalore

9.8 - 25.9 Lacs Fees

AICTE Accredition

• Shortlisted by  1417+  students
• Fees and Courses (13)
• PhD Law Colleges in India
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NIT Mangalore

15 K - 1.25 Lacs Fees

13.1 Lacs Avg Package

• Shortlisted by  596+  students
• Fees and Courses (59)

15 K - 10 Lacs Fees

21.8 Lacs Avg Package

MHT-CET Exams

• Shortlisted by  1491+  students
• Fees and Courses (101)

JIPMER Puducherry

13 - 75 K Fees

Medical Co Accredition

• Shortlisted by  870+  students
• Fees and Courses (89)
• Ph.D Colleges in Delhi
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• PhD Colleges in Punjab
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• Others (321)
• Computer Science (312)
• Management (301)
• Chemistry (292)
• Physics (290)
• Mathematics (263)
• English (233)
• Commerce (217)
• Mechanical Engineering (198)

6000 - 8 Lacs Fees

• Shortlisted by  980+  students
• Fees and Courses (94)

IIM Kozhikode

3.5 - 20.5 Lacs Fees

AMBA Accredition

31 Lacs Avg Package

• Shortlisted by  129+  students
• Fees and Courses (14)

United World Institute Of Design

5.0 - 22 Lacs Fees

UGC Accredition

12 Lacs Avg Package

• Shortlisted by  13992+  students
• Ph.D Colleges in Hyderabad
• Ph.D Colleges in Bangalore
• Ph.D Colleges in Chennai
• PhD Colleges in Mumbai

IIT Roorkee

8980 - 2 Lacs Fees

• Shortlisted by  1303+  students
• Fees and Courses (112)
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NLSIU Bangalore

16 K - 6.65 Lacs Fees

BCI Accredition

• Shortlisted by  1600+  students
• Fees and Courses (16)

Loyola College

22.2 K - 3.24 Lacs Fees

5.25 Lacs Avg Package

• Shortlisted by  5282+  students
• Fees and Courses (86)

IIM Calcutta

2.6 - 31 Lacs Fees

30.9 Lacs Avg Package

• Shortlisted by  654+  students
• Fees and Courses (34)

20 K - 7.9 Lacs Fees

NCTE Accredition

PSEB 12th Exams

• Shortlisted by  443486+  students
• Fees and Courses (394)

Amity University, Lucknow

27 K - 6.22 Lacs Fees

6 Lacs Avg Package

• Shortlisted by  190926+  students
• Fees and Courses (139)
• Engineering Colleges in India
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• MBA Colleges in India
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NIMHANS Bangalore

9480 - 1.56 Lacs Fees

CBSE 12th Exams

• Shortlisted by  12+  students
• Fees and Courses (27)

25 K - 2.01 Lacs Fees

Bar Counci Accredition

• Shortlisted by  50+  students
• Fees and Courses (7)

The IIS University

6000 - 3.47 Lacs Fees

MHRD Accredition

• Shortlisted by  25038+  students
• Fees and Courses (244)
• Private PhD Colleges in India
• Government PhD Colleges in India

IIT Hyderabad

10 K - 8 Lacs Fees

20.1 Lacs Avg Package

• Shortlisted by  383+  students
• Fees and Courses (63)

PAU Ludhiana

38.4 K - 7.27 Lacs Fees

• Shortlisted by  274+  students
• Fees and Courses (54)

Sanskriti University Mathura

30 K - 1.7 Lacs Fees

• Shortlisted by  101613+  students
• Fees and Courses (92)

The ICFAI University, Dehradun

30 K - 2.58 Lacs Fees

6.33 Lacs Avg Package

• Shortlisted by  62539+  students
• Fees and Courses (46)

13.2 K - 6.25 Lacs Fees

• Shortlisted by  2586+  students
• Fees and Courses (55)

1.7 - 12.5 Lacs Fees

25.7 Lacs Avg Package

• Shortlisted by  264+  students

NIMS University

20 K - 9 Lacs Fees

4.5 Lacs Avg Package

NEET PG Exams

• Shortlisted by  80125+  students
• Fees and Courses (522)

NLU Hyderabad

30 K - 8 Lacs Fees

• Shortlisted by  478+  students

SGPIMS Lucknow

27 K - 2.2 Lacs Fees

Other Accredition

16 Lacs Avg Package

• Shortlisted by  108+  students
• Fees and Courses (49)

NIPER Mohali

94.7 K - 1.54 Lacs Fees

PCI Accredition

• Shortlisted by  249+  students
• Fees and Courses (24)

VIT Vellore

3200 - 14.2 Lacs Fees

9.23 Lacs Avg Package

• Shortlisted by  2489+  students
• Fees and Courses (105)

NLU Kolkata

10 K - 3.66 Lacs Fees

• Shortlisted by  91+  students
• Fees and Courses (9)

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