ucl economics phd students

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Economics MRes and MPhil/PhD UCL (University College London)

Course options

Qualification.

PhD/DPhil - Doctor of Philosophy

UCL (University College London)

• TUITION FEES
• ENTRY REQUIREMENT
• UNIVERSITY INFO

Course summary

UCL Economics has an outstanding international reputation in the areas of game theory, fiscal policy, econometrics, applied microeconomics, development and labour economics. The department is a global leader in policy-oriented research, with members directing and holding senior positions in research centres involved in policy design and evaluation. UCL Economics was the top-ranked department in the UK for Economics and Econometrics in the Research Excellence Framework 2014, as well as the top-ranked department in any field in any UK university, according to the grade point average on the overall score. This reflects the high quality of policy-relevant academic research being undertaken by staff, and the excellent research and teaching environment for graduate students.

In recent years, our PhD students have obtained posts in leading universities and research centres such as University of Chicago, University of Arizona, Carlos III University, Edinburgh University, University of Manchester, NYU Stern School of Business, Pompeu Fabra University, Princeton University, Singapore Management University, Sogang University, Stanford University, Stockholm University, UBC, UCLA, University of British Columbia, University of Essex, University of Mannheim, University of Oxford, University of Rochester, University of Texas at Austin and University of Wisconsin. They have also done very well in policy institutions, such us the Bank of England, EBRD, IFS, McKinsey, RAND Corporation and the World Bank.

Employability

Undertaking the UCL Economics doctorate programme affords students excellent networking opportunities from the outset, and outstanding employment options upon completion. The department is committed to maximising PhD students’ ability to gain employment in leading academic departments, research centres and financial and public policy organisations worldwide. The rigorous doctoral programme ensures students graduate with a wide range of highly valued technical, analytical, teaching and research skills. Senior PhD students have the option to go on the Economics Job Market.

Tuition fees

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£ 28,100 per year

Tuition fees shown are for indicative purposes and may vary. Please check with the institution for most up to date details.

University information

University league table, campus address.

UCL (University College London), Gower Street, London, Camden, WC1E 6BT, England

Subject rankings

Subject ranking.

5th out of 79

Entry standards

Graduate prospects

Student satisfaction

Suggested courses

MPhil in Economics

SOAS University of London

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Global Political Economy MRes

University of Bath

Economics league table

Energy and Environmental Technology and Economics MSc

City, University of London

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Entry requirements

Applicants must have a Master’s degree in Economics or closely related subject with distinction-level performance. Applicants must demonstrate that they are qualified to proceed to research work. The GRE General Test is a required part of the application, except for applicants with an Economics MSc from UCL or those currently enrolled on the UCL Economics MSc programme.

Months of entry

Course content.

UCL Economics is a world-class academic department with a commitment to research excellence. The Economics MRes + MPhil/PhD aims to attract, educate and develop students of the highest academic calibre. Our graduates are employed by the world's foremost academic, international and governmental institutions.

On this programme you will undertake a significant research project in Economics, beginning with a one year MRes which will train you in the skills and techniques needed to complete a piece of original research. In order to successfully move on to the MPhil and PhD you'll need to meet certain conditions.

Qualification, course duration and attendance options

• Campus-based learning is available for this qualification

Course contact details

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Economics MSc

Ucl (university college london), different course options.

• Key information

Course Summary

Tuition fees, entry requirements, university information, similar courses at this uni, key information data source : idp connect, qualification type.

MSc - Master of Science

Subject areas

Course type.

According to the Destination of Leavers of Higher Education Surveys (2015/16 and 2016/17), recent graduates go on to a variety of roles including those in the civil service (eg, HM Treasury), central banks (eg, Bank of England and European Central Bank), research (eg, Institute of Fiscal Studies), consultancy (eg, Accenture, KPMG, PWC, Frontier Economics and Charles River Associates), and the financial sector. Many of our students also continue with their studies, entering PhD programmes at world-renowned institutions including UCL, LSE, and Cambridge.

The UCL Economics MSc is a passport to a career in major national and international institutions that demand a deeper, more rigorous analytical reasoning in economics. In these roles, MSc graduates draw on a theoretical grounding and wealth of practical analytical tools to formulate relevant questions in economics and produce high-quality economic analysis valued by employers and prestigious PhD programmes. Students benefit from the international reputations of the programme’s academic staff and the academic excellence and international perspectives of their fellow MSc students. Major employers invite UCL MSc graduates to apply for roles.

UK fees Course fees for UK students

For this course (per year)

International fees Course fees for EU and international students

A minimum of an upper second-class Bachelor's degree in Economics with a significant quantitative component from a UK university, or an overseas qualification of an equivalent standard. Applicants with a qualification of an equivalent standard in another quantitative discipline, such as statistics, mathematics, engineering or physics, may also be considered. Applicants whose studies for their undergraduate degree have been undertaken wholly or mainly at a university located outside the UK must supply GRE General Test scores. The quantitative GRE score must be 161 or above (post-August 2011 scores).

UCL (University College London) is consistently ranked among the top ten universities in the world, conducting leading research across a wide range of subject areas. Throughout its long and prestigious history, it has inspired and educated countless minds and produced 30 Nobel prize recipients. With one campus located in the heart of Bloomsbury and a second campus in vibrant east London, the university is home to around 42,000 students... more

Economics and Policy of Energy and the Environment MSc

Full time | 1 year | 23-SEP-24

Population Health MSc

Sustainable resources: economics, policy and transitions msc, economy, state and society: politics and the international economy ma (international).

Full time | 2 years | 23-SEP-24

Philosophy, Politics and Economics of Health MA

Centre for Finance

Phd in financial economics.

The MRes and PhD in Financial Economics is a joint programme between the UCL Department of Economics and the UCL School of Management. The MRes programme will provide you with training in research methods together with an advanced understanding of financial economics and shares modules with the MRes in Economics. The Mphil year covers topics such as Corporate Finance, Asset Pricing, Financial Intermediation, Financial Econometrics, and Market Microstructure. Funding : Admitted students are fully funded, including full fee waiver and a competitive stipend. To apply : https://www.ucl.ac.uk/prospective-students/graduate/apply , after clicking 'accept and apply', you need to use the search by Department function. Under 'UCL School of Management' you'll see MRes Financial Economics listed as one of the options. More details on the programme can be found here: https://www.mgmt.ucl.ac.uk/phd-financial-economics Deadline:  mid-February (but we’ll keep considering applications until all scholarships are awarded).

For more information, please contact Prof. Frederic Malherbe at [email protected]

Economics BSc (Econ)

London, Bloomsbury Economics BSc (Econ) (2024)

This programme combines a rigorous foundation in economic theories and quantitative tools with opportunities to consider real-world problems using evidenced-based economic analysis. You'll be taught by experts who combine their research experience with an innovative curriculum and teaching methods, preparing you to research and solve problems independently through an economics-lens in the future.

UK tuition fees (2024/25)

Overseas tuition fees (2024/25), programme starts, application deadline, ucas course code.

• Entry requirements

Contextual offer information

Contextual offers are typically one to two grades lower than the standard offer. Grade and subject requirements for contextual offers for this programme will be published in Summer 2024.

Contextual offer

Contextual offers are typically one to two grade boundaries (equivalent to A levels) lower than the standard offer. IB Diploma grade and subject requirements for contextual offers for this programme will be published in Summer 2024.

UK applicants qualifications

For entry requirements with other UK qualifications accepted by UCL, choose your qualification from the list below:

Equivalent qualification

Not acceptable for entrance to this programme.

D2,D3,D3 in three Cambridge Pre-U Principal Subjects, to include Mathematics D2, plus D3 in Economics if offered.

A1,A,A at Advanced Highers (or A1,A at Advanced Higher and A,A,A at Higher), to include Mathematics at A1, plus A if Economics being offered at Advanced Higher.

Successful completion of the WBQ Advanced Skills Challenge Certificate plus 2 GCE A levels at grades A*AA. To include Mathematics A*, plus grade A in Economics if offered.

International applications

Country-specific information, including details of when UCL representatives are visiting your part of the world, can be obtained from the International Students website .

This programme does not accept resits. A resit is a second or subsequent attempt to improve a qualification outcome, for which you already hold an award. For further information on what UCL considers a resit, please see UCAS explained .

Access and widening participation

Undergraduate preparatory certificates.

The Undergraduate Preparatory Certificates (UPC) prepare international students for a UCL undergraduate degree who don’t have the qualifications to enter directly. These intensive one-year foundation courses are taught on our central London campus.

Typical UPC students will be high achievers in a 12-year school system which does not meet the standard required for direct entry to UCL.

For more information see: ucl.ac.uk/upc .

• English language requirements

The English language level for this programme is: Level 2

Information about the evidence required, acceptable qualifications and test providers can be found on our English language requirements page.

A variety of English language programmes are offered at the UCL Centre for Languages & International Education .

Course overview

The department's fundamental premise is that students should learn how to do economics themselves, rather than just learn how academic staff or other economists do it. Alongside credit-bearing modules you can get involved with our optional not-for-credit series of Skills Lab modules that help you learn how to study independently and other skills useful for the professional economist.

You will be taught by distinguished economists whose research confronts real-world issues, such as climate change, inequality, and inflation. Several of our professors are directors of leading research centres, Research Fellows at the prestigious Institute for Fiscal Studies (IFS), and advisors to governments and agencies, including the Office of Budget Responsibility, The Bank of England, and The World Bank.

In recognition of the quality and impact of their research, our academics have won several prestigious awards including the ONS Research Excellence Award , the Jacob Mincer Award , the BBVA Foundation Frontiers Knowledge Award , the Philip Leverhulme Prize and the Carl-Friedrich-von-Weizsäcker Prize . 

In the first year you take compulsory modules in economics, applied economics, mathematics and statistics, as well as optional modules.

In your second year, principles of model-building, problem-solving and quantitative techniques are emphasised, and you will take compulsory core modules in microeconomics, macroeconomics and econometrics.

In your final year you can choose from a wide range of optional modules. You are required to choose at least one module with an assessed research project component, in which you will use the tools and knowledge you have developed during your degree. Most final-year modules introduce you to research papers, including those of staff members, and require you to combine all that you have learnt across the degree. You can also elect to do a dissertation.

Available optional modules can vary year to year. You can access the current list of modules for this programme on the department's website .

What this course will give you

You will benefit from research-based education, informed by the outstanding reseach of our economics professors and Centre for Teaching and Learning Economics (CTaLE) which is at the forefront of new and innovative economics teaching techniques.

Your first year will be taught using CORE Econ resources to address the world's most pressing problems. CORE Econ has received praise from prestigious publications including The Financial Times, The Economist, The New Yorker and The Washington Post.

You will benefit from small group tutorials and will join a truly global department, with 50-60% of our student body made up of international students You will have access to a range of events and activities, including the opportunity to present your own research at the annual economics student research conference , attend talks by leading economists at the annual Gorman Lectures , and participate in high-profile events organised by the UCL Policy Lab .  Our students run the Economist's Society , which organises social and academic events, and publishes the student-led magazine, The Economic Tribune. 

Teaching and learning

In each year of your degree you will take a number of individual modules, normally valued at 15 or 30 credits, adding up to a total of 120 credits for the year. Modules are assessed in the academic year in which they are taken. The balance of compulsory and optional modules varies from programme to programme and year to year. A 30-credit module is considered equivalent to 15 credits in the European Credit Transfer System (ECTS).

Upon successful completion of 360 credits, you will be awarded a BSc (Econ) (Hons) in Economics.

Please note that the list of modules given here is indicative. This information is published a long time in advance of enrolment and module content and availability is subject to change. Modules that are in use for the current academic year are linked for further information. Where no link is present, further information is not yet available.

Year 1:  Four compulsory modules in economics, mathematics, statistics, and applied economics. Select optional modules to the value of 30 credits, including those from a list of pre-approved modules of other departments, including languages.

Year 2:  Three compulsory modules in microeconomics, macroeconomics and econometrics. Optional modules to the value of 30 credits. Year 3: Select optional modules to the value of 120 credits. You will be required to take at least one module with an assessed research project component. You can also elect to do a dissertation. Optional modules vary from year to year but cover a broad range of topics, such as gender and ethnicity in the economy, behavioural economics, and international trade. Visit the department's website to access the current full module list. Students can also take the optional not-for-credit Skills Lab modules.

Compulsory modules

Optional modules, your learning.

Each module is taught differently depending on the content and skills required, but in each you are expected to read and watch assigned materials (texts, articles, and multimedia) independently, attend lectures and smaller group tutorials, actively participate in group discussions, and where appropriate, work in collaboration with your peers for formative and summative assessments.

Contact time will vary according to the options chosen, but students can expect to have approximately 10-15 hours of timetabled lectures and small group classes per teaching week. In addition, students are advised to undertake around 25-30 hours of independent study per week.

Your progress is monitored throughout the year on a module-by-module basis, which will provide feedback aimed at improving your understanding and technique. You will be assessed by a mix of methods including, written end of year assessments, term-time quizzes, essays, and group projects with written and video outputs and presentations.

Accessibility

Details of the accessibility of UCL buildings can be obtained from AccessAble . Further information can also be obtained from the UCL Student Support and Wellbeing team .

22 April 2024 — 26 April 2024

Online - Open day

Undergraduate Virtual Open Days

UCL is London's leading multidisciplinary university, voted University of the Year 2024 by the Times and Sunday Times Good University Guide. With students from over 150 different countries, UCL is a diverse global community of world leading academics and students. Join us at our Virtual Open Days and discover why UCL might be the place for you! Check out our Open Days webpages where you can find out about the programmes on offer, student services and book live Q&A sessions to get your questions answered.

The foundation of your career

Around one third of students embark on graduate study in subjects including Economics, Data Science, Finance, Computing and Law, with many also going on to doctoral programmes in Economics in the UK, EU and US.

A UCL BSc in Economics is an excellent basis for graduate employment. Our graduates are employed in areas including management, consultancy, accountancy, banking and public policy. (Graduate Outcomes survey carried out by the Higher Education Statistics Agency (HESA), looking at the destinations of UK and EU graduates in the  2017-18, 2018-19, 2019-20, 2020-21  cohorts).

Support for your career and further study journey is provided by the Economics Careers Tutor in conjunction with UCL Careers and – through various skills development – alumni and employer events run by the Economist's Society and Students' Union UCL societies.

Employability

Over 92% of UCL BSc Economics graduates were either in professional work or postgraduate study 15 months after graduating.

You will gain skills including finding solutions to real-world problems; combining evidence, mathematical techniques and quantitative tools to critically analyse questions robustly; and understanding the relevance of context – contemporary and historic – when considering economic and political events.  

• Fees and funding

Fees for this course

The fees indicated are for undergraduate entry in the 2024/25 academic year. The UK fees shown are for the first year of the programme at UCL only. Fees for future years may be subject to an inflationary increase. The Overseas fees shown are the fees that will be charged to 2024/25 entrants for each year of study on the programme, unless otherwise indicated below.

Full details of UCL's tuition fees, tuition fee policy and potential increases to fees can be found on the UCL Students website .

Additional costs

Additional costs include the purchase of books and a UCL-approved calculator (approx. £20 depending on model). A laptop computer is also required for online assessments (approx. £500 depending on model).

A guide including rough estimates for these and other living expenses is included on the UCL Fees and funding pages . If you are concerned by potential additional costs for books, equipment, etc., please get in touch with the relevant departmental contact (details given on this page).

• Funding your studies

Various funding options are available, including student loans, scholarships and bursaries. UK students whose household income falls below a certain level may also be eligible for a non-repayable bursary or for certain scholarships. Please see the Fees and funding pages for more details.

Scholarships

The Scholarships and Funding website lists scholarships and funding schemes available to UCL students. These may be open to all students, or restricted to specific nationalities, regions or academic department.

Your application

We are looking for applicants who can demonstrate quantitative ability, and a willingness to use mathematics as a tool of reasoning and communication. Applicants should evidence independent engagement with the subject – this could be as simple as sharing your views on something you’ve read outside of school. Relevant skills include: critical evaluation, logic, communication, creative problem solving.

• How to apply

Application for admission should be made through UCAS (the Universities and Colleges Admissions Service). Applicants currently at school or college will be provided with advice on the process; however, applicants who have left school or who are based outside the United Kingdom may obtain information directly from UCAS.

For further information on UCL's selection process see: How we assess your application .

Applicants who have been made an offer will be invited to attend an open day to find out more about the programme from the Admissions Tutor and other academics, ask questions and meet current students.

Please note this programme does not consider applicants who are resitting qualifications.

Got questions? Get in touch

[email protected]

UCL is regulated by the Office for Students .

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About the Ph.D. Program

The Ph.D. Program in Economics at UCLA prepares students for careers as economists in academia, business and government. The program combines rigorous work in economic theory and careful study of real-world problems and institutions. Graduates from this program work at major universities around the world, national and international government agencies, banks, research centers and in private businesses. Some of our graduates have achieved great prominence, such as William Sharpe , who earned both his B.A. and Ph.D. degrees at UCLA, and was co-recipient of the 1990 Nobel Prize in Economics for his work on the capital asset pricing model.

The department includes internationally recognized scholars in economic theory, econometrics, and all the major applied fields. These outstanding scholars form one of the foremost departments of economics in the world.

The Economics Department is situated within one of the world’s most youthful and vibrant universities. Founded in 1919, UCLA first developed into a major university in the 1950’s. After so short a history, the university was ranked second in the United States among public research universities by the Conference Board of Associated Research Councils in 1982. Thirty-one of its Ph.D. programs are currently ranked in the top 20 in their field–third best in the nation.

The Ph.D. is the degree objective of the graduate program. This degree is awarded to students who demonstrate professional competence by passing written qualifying exams and by completing a major piece of individual research (the Ph.D. dissertation).

Preparation for the qualifying exams through coursework and independent study occupies most student time for the first two years. Thereafter the focus shifts to independent research and finally to the writing of a Ph.D. dissertation. Research in progress by our graduate students as well as our faculty is presented at workshops that meet weekly throughout the academic year. Currently, the Dept. has workshops in Theory and Mathematical Economics, International and Development Economics, Labor and Population Economics, Business Organization and Regulation Economics, Economic History, Econometrics, and Monetary Theory. In addition, many graduate students work as research or teaching assistants for faculty members. The normal time to degree is six years.

This degree program classifies as STEM (CIP Code 45.0603: Econometrics and Quantitative Economics).

UCLA Department of Economics

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Fully Funded PhD studentship (Economics) at UCL (£21k per annum): DEADLINE IS TODAY, APPLY NOW!

Apply for fully funded phd studentship (economics) at ucl (£21k per annum), target audience.

International

Application Deadline: 31 March 2023

About University College London (UCL)

University College London (UCL) is London’s leading multidisciplinary university, with approximately 11,000 staff and 38,000 students from 150 countries. The university operates in a global context and is committed to excellence, innovation and the promotion of global understanding in all activities: research, teaching, learning, enterprise and community engagement. UCL is one of the top ten universities in the world according to the 2021 QS World University Rankings and is consistently ranked as one of the best universities in the UK for research strength.

Based within the Faculty of Population Health Sciences, Institute for Global Health (IGH) is the thriving research and teaching community at the heart of UCL’s Grand Challenge of Global Health. Drawing on the expertise our staff, we take a unique cross-disciplinary approach to global health in both our research and teaching, responding to the fact that health problems – and their solutions – are influenced by the social environment as well as medical innovation.

IGH offers a range of high quality teaching programmes at undergraduate and postgraduate level. Experienced staff have created cutting edge programmes in global health and international child health, uniting traditional public health concerns with economics, law, philosophy, geography, anthropology and other disciplines. The Centre for Global Health Economics aims to provide world-leading expertise in Health, Behavioural, Public and Development Economics.

The Centre’s research expertise spans three main areas: (a) Economic evaluations within trials of interventions to improve public health, (b) Modelling to identify scalable and sustainable health service delivery mechanisms and efficient health spending, and (c) Experimental and behavioural studies to understand the barriers and leveregs to positive behaviour change. The Centre also offers training and capacity building in global health economics.

Job Description PhD studentship (Economics) PhD studentship in Economics, at University College London Department: Institute for Global Health Location: Centre for Global Health Economics, UCL Institute for Global Health, physically located at the Guilford Street site (30 Guilford St, London, WC1N1EH) Fees and stipend: Student fees will be paid at Home or International rate, with a stipend at £21k per annum Full time : 36.5 hours per week Duration: The post is available from 1 September 2023 through to 31 August 2027. Supervised by: Professor Jolene Skordis, Dr Neha Batura

Main purpose of the PhD studentship (Economics)  This four-year PhD studentship (Economics) offers candidates a unique opportunity to build both the research and teaching experience required for a future academic career, in a supportive environment. The awardee may pursue their own PhD question or a question developed in partnership with the supervisory team at UCL’s Centre for Global Health Economics, the Department of Economics and the Department of Statistical Science.

The awardee will have their UCL student fees paid at the Home or International rate and will receive a stipend of £21,000 per annum.  The UCL Centre for Global Health Economics is a multi-faculty academic Centre. Based within the IGH, the Centre’s Fellows contribute world leading expertise in Behavioural and Development Economics, Decision Science, Statistics and Mathematical and Epidemiological Modelling. Examples of current research span the economic evaluation of complex trials to improve maternal and child health, exploratory work to identify scalable and sustainable service delivery mechanisms for early child development, and macroeconomic modelling of efficient spending on HIV and tuberculosis.

The Centre hosts UCL’s MSc in Health Economics and Decision Science, where students develop specialised skills in Health Economics or Decision Science. The Centre also provides teaching resources for the MSc in Global Health and Development, and supports a number of doctoral students and post-doctoral research fellows. The Centre also runs a summer internship programme for undergraduate and postgraduate students interested in the Economics of Global Health and Development.  The awardee will spend 180 hours per year on teaching activities and the rest of their working time on research studies. The teaching responsibility is recognized in the longer than average funding period. Within their teaching role, the awardee will provide teaching assistance on three modules within the MSc in Health Economics and Decision Science, personal tutoring to approximately 5-10 students per academic year and supervision to 5-10 masters projects.  The academic year has 20 teaching weeks and the awardee is expected to work an average of 9 hours per teaching week. The number of hours per week varies according to the demands imposed by individual modules and by the structure of the course.  This PhD studentship (Economics) is offered for four years. The successful applicant would receive supervision and mentoring from a supervisory team within IGH, supplemented by support from UCL’s strong doctoral training programme which offers a comprehensive range of academic and other skills training.  The awardee’s PhD research will be supervised by Professor Jolene Skordis and Dr Neha Batura, and applications for this studentship should include a project proposal in an area aligned with their research interests. Applicants are advised to read the guidance on developing a project proposal on our webpages (https://www.ucl.ac.uk/global-health/study/researchdegrees), to read about the research of Professor Skordis (https://iris.ucl.ac.uk/iris/browse/profile?upi=JSKOR31) and Dr Batura (https://iris.ucl.ac.uk/iris/browse/profile?upi=NBATU68), and to contact them in advance to discuss potential research ideas before developing their proposal and submitting their application.

Duties and responsibilities: The awardee will report to their PhD supervisors regarding progress on their doctoral research. For teaching activities, the awardee will report to the Module Leads and the Course Director, who has overall responsibility for managing the MSc in Health Economics and Decision Science. The awardee will be expected to act on their own initiative and use their judgement in prioritising tasks whilst referring complex problems or issues of policy where appropriate. The awardee will have two main duties: (1) The successful completion of a PhD; and (2) 180 hours per annum of teaching responsibilities over the course of the studentship. The precise distribution of hours across these tasks will be by agreement with the PhD supervisory team and the Course Director.

Specifically, these duties are expected to entail:  The conduct of all research activities associated with a period of doctoral research study at a world leading university;  Presenting research in progress at conferences and seminars;

 Publishing research outputs as appropriate;  Class teaching;  Marking coursework submitted for tutorial classes using solutions provided by course lecturer;  Maintaining records to monitor student progress, achievement and attendance;  A weekly office hour for student enquiries during term time;  Examination/assessment marking duties;  Attendance in lectures for taught courses in order to familiarise yourself with content and student competencies;  Holding individual meetings with personal tutees to provide pastoral support;  Holding individual meeting with project tutees to provide academic support;  Holding office hours when they are available for students. They are expected to be able to deal with students’ questions about specific modules and problems related to research methods and the writing of a research report.  Reading project drafts (for nominated tutees) to provide academic guidance;  Regular meetings with the course lecturer to discuss arising issues and problems;  Involvement in ad-hoc meetings organized by Lecturers or students;  Keeping class registers where needed;  Liaising with the Course Directors and Module Leads about students who have prolonged absences or do not submit coursework;  Liaising with the Course Directors and Module Leads about mark spreadsheets and student feedback;  To actively follow and promote UCL policies, including Equal Opportunities; and  To uphold confidentiality in regards to students records and marks.

Person specification Criteria Essential or Desirable?

Qualifications, experience and knowledge Highly motivated to pursue doctoral studies in Economics at a world leading institution Essential Educated to postgraduate (Masters) degree level in Economics Essential

Skills and abilities High level of literacy and numeracy Essential Excellent working knowledge of MS Office software and Stata Essential Ability to communicate clearly, both orally and in writing, with students, academic and support staff at all levels Essential Excellent organizational and time management skills Essential Ability to be flexible and to respond to changing priorities in a busy environment Essential Ability to work independently for short periods and as part of a team, recognising when advice / input needs to be sought Essential Excellent people skills and the ability to build good relationships with colleagues and external partners Essential A high level of accuracy and a keen attention to detail Essential

Desirable Criteria  Published research output  Experience working with complex datasets  Experience working within research groups or in field sites  Experience working with quantitative data from low and middle income country settings  Previous experience of teaching or other forms of public presentation  Knowledge of specialized Economics fields  Experience in providing pastoral care and support to students  Knowledge and experience of Moodle (virtual learning environment)  Knowledge of R or Matlab

Desirable Terms and conditions The awardee works 180 hours per year on teaching. In return, their student fees will be paid at Home or International rate and they will receive a stipend at £21k per annum. The duration of the PhD studentship (Economics) is four years.

How to Apply for PhD studentship (Economics)

Enquiries / Visits Informal enquiries should be made to Dr Neha Batura ([email protected]). How to apply: Applicants should send the following to Dr Neha Batura ([email protected]).  CV  Covering letter indicating why you believe you are suitable for the studentship  Research proposal of 3-4 pages following guidance available at:  https://www.ucl.ac.uk/global-health/sites/global-health/file /guidance_for_writing_a_project_proposal_2020.pdf  Names and contact details (address, email) of two academic referees

The deadline for applications is: 31 March 2023, 09:00am (UK time) Interview date: 25 April 2023. The selected candidate will be made a provisional fellowship offer, subject to a successful application to UCL

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UCL School of Management

University college london, phd programme in financial economics.

Start date:  September 2024 Duration: 5 years (1 year MRes + 4 years PhD) Fees:  We offer fully-funded scholarships to all admitted students who have applied by the 31 January 2024 (see details below)  Application deadline:  31 January 2024, 17:00 UK time (late applications submited by the 05 April 2024 may still be considered, see details below) Entry:  Applicants must hold a distinction in a master’s degree in Economics or a closely related subject. Applicants must demonstrate a high level of analytical and quantitative skills (such as in mathematics and statistics), evidenced by strong performance in relevant modules taken on previous degree programmes and/or through relevant standardised test performance (such as GRE Quantitative of at least 160). International students, please note that UCL’s English language requirement for this programme is a ‘ Level 2 ’ (IELTS and TOEFL are the preferred test, however others on the UCL recognised test list will be accepted if required) - further details regarding this can be found on the  UCL English Language Requirements  page.

The MRes and PhD in Financial Economics is a joint programme between the UCL Department of Economics and the UCL School of Management.

The MRes programme is the first year of the five-year integrated MRes/PhD programme in Financial Economics. The MRes programme will provide you with training in research methods together with an advanced understanding of financial economics, to enable you to conduct insightful and original PhD level research in financial economics. 

The MRes will firstly provide quantitative training in microeconomics, macroeconomics, econometrics, and finance. These will be taught in the context of cutting-edge research and relevant applications. Secondly, it will provide you with analytic frameworks and transferable skills that will allow you to identify relevant and promising research topics, present ideas in order to obtain feedback, and provide feedback yourself. 

The subsequent years (for students who progress from the MRes to MPhil) will focus on the skills you will need to run research projects to completion and to present completed research projects to various kinds of specialised audiences. Likewise, teaching skills will also be developed.

PhD Structure

• The MRes programme consists of taught modules (Microeconomics, Macroeconomics, Econometrics. Real Analysis and Probability with Economic Application), a hybrid module (Financial Economics) with taught components and research based components, and a research project in the final part of the year. For the MRes project, you work under supervision to design and carry out a substantial piece of original research. This enables you to gain a deep understanding of the entire research process.
• Superior performance is required for automatic progression from MRes to MPhil. In particular, students should achieve an average mark of not less than 60% in the independent, original research components of the programme, and not less than 50% in the taught element.
• Our highly selective and small-sized PhD programme ensures that each student receives personal attention and guidance from our faculty members throughout their doctoral study. The close mentorship process forms the foundations of a successful academic career. At the same time, you will be part of both the School of Management PhD cohort and the Economics PhD cohort, with which you will share most of the taught modules.
• We expect our PhD graduates to have as their goal an academic career as a faculty member in a top business school or Economics department or in the research group of an international institution or a central bank.

Students take a total of 180 credits in the MRes year. This is made up of the MRes Research Project (MSIN0135) and 75 credits of compulsory taught modules. 

All modules in the MRes year are core modules, there are no optional modules. 

• ECON0107 - Macroeconomics, 15 credits  
• ECON0106 - Microeconomics, 15 credits  
• ECON0108 - Econometrics, 15 credits  
• ECON0118 - Real Analysis and Probability with Economic Applications, 15 credits
• MSIN0234 - Topics in Financial Economics, 30 credits  
• MSIN0135 - MRes Financial Economics Research Project, 105 credits  

The programme is delivered through a combination of lectures, seminars, and class discussion. Student performance is assessed through presentations, coursework, projects, and examinations. 

Students will study 4 compulsory taught modules. A typical taught module is taught over two terms (2 x 10 weeks) with 4 hours of contact hours per week (3 hours of lecture + 1 hour of review session). In addition, students spend approximately 6-8 hours a week for each module on assessment and independent study to further develop the skills and knowledge covered in lectures and seminars.  

Students will also undertake a substantial research project, which would usually start in Term 2 and be completed over the Summer. The total number of weekly hours will vary according to the weekly activities being undertaken.

Why choose us

What makes us different:.

Unlike many PhD Programmes in finance, our programme has a full anchor in economics and econometrics. Hence, we offer a unique world-class environment that combines the best of a leading business school, located in Canary Wharf, the heart of London’s modern financial district, and the tradition of economic research and teaching of the Department of Economics, which is located in Bloomsbury, London’s historical intellectual centre.

If you want to become an academic economist conducting research in finance, this programme is for you.  

UCL School of Management and the Department of Economics  

Founded in 2007, UCL School of Management has forged a reputation for world-leading research in management studies with 95% of the School’s research deemed to be world-leading or internationally excellent, the second highest percentage of any business school in the UK, according to the 2021 REF . The PhD programme is an integral part of our School’s active and ambitious research environment where students receive rigorous academic training and personalised research mentorship. 

The UCL Department of Economics has an outstanding international reputation in key areas of current research. The Department ranked top in the UK for research environment and outputs in the field of Economics and Econometrics in the 2021 REF . 

Our research programme offers a unique education and research experience with the intent of preparing you for scholarly careers at the highest level. Our highly selective and small-sized programme ensures that you receive personal attention and an opportunity for guidance from our world-leading scholars. The close mentorship process forms the foundations of a successful academic career. 

As a research student you will join a highly active research environment which involves frequent research seminars and visits by leading scholars worldwide, reading groups, brown bag seminars and panels in which PhD students and faculty members present and discuss their ongoing work. Such forums provide an excellent opportunity to receive critical constructive feedback on your research and to develop academic, generic and transferable skills.

Applications

Applying for our mres/phd programme.

Entry requirements and admissions criteria:

Applicants to the MRes+PhD programme must hold a distinction in a master’s degree in Economics or a closely related subject. Applicants must demonstrate a high level of analytical and quantitative skills (such as in mathematics and statistics), evidenced by strong performance in relevant modules taken on previous degree programmes and/or through relevant standardised test performance (such as GRE Quantitative of at least 160). Submitting a GRE test result is encouraged but not compulsory and is only one of the components used to assess the strength of applications. 

We only have a single intake in September. We accept applications throughout the year. Successful candidates who have submitted their MRes application by 31 January 2024 will receive a scholarship (full fee waiver plus a stipend). Successful candidates who have submitted their application after this date may receive a scholarship subject to availability, or will come with their own funding.

In your personal statement you are expected to suggest one or more faculty members as potential supervisors. On the application form you may see that it states that it is preferred that you contact potential supervisors beforehand. However, we strongly discourage applicants from contacting individual faculty members or potential supervisors when applying to our programme. All applications are first evaluated by a joint admissions committee, so contacting potential supervisors separately will not increase your chances.

We also require you to submit IELTS or TOEFL scores if English is not your first language. Our School requires a “Level 2” English language qualification which corresponds to:

IELTS: Overall grade of 7.0 with a minimum of 6.5 in each of the sub-tests.

TOEFL: Score of 96 overall, plus 24/30 in the reading and writing subtests and 22/30 in the listening and speaking subtests. 

Application Deadline

The application window closes 31 January 2024 (17:00 UK time) and a late submission window closes on 05 April 2024 (17:00 UK time). We advise those interested in the programme to apply before 31 January 2024, as those applying in the late submission window will only be considered if there are still places remaining.

Application Procedure

Apply via UCL Postgraduate Admissions System here . When starting the application, you must select the MRes Financial Economics option. In addition to filling out the online application form, please upload a copy of the following documents:

• Official Transcripts of Grades / Course marks
• A 1 page personal statement that clearly indicates: (i) your research interests and preliminary research ideas, (ii) potential faculty member(s) you may want to work with (this is a suggested list, you don’t need to contact potential supervisors beforehand), and (iii) your motivation to do a PhD.
• Your  GRE  score report, if you took the test.
• Your IELTS/TOEFL score report, if English is not your first language.

Funding/Scholarships

We offer fully funded five year scholarships to all admitted students who apply before the 31 January 2024. The scholarship is open to all nationalities. It covers all tuition fees, and includes an annual stipend of £25,000 which is tax-free. 

Successful candidates who have submitted their application after 31 January 2024 may receive a scholarship subject to availability or will come with their own funding.

Additional Costs

This programme does not have any compulsory additional costs outside of purchasing books or stationery, printing, thesis binding or photocopying.  Students may have the opportunity to participate in conferences in the UK and internationally. The UCL School of Management provides MRes/PhD students with an annual budget for conferences, which students will use to cover the travel, accommodation, food and other costs whilst at conferences, in line with UCL’s expenses policy. 

Further Information and Contact Details

The full-time MRes/PhD programme runs from September each academic year. Entrance is therefore every September. While we may accept applications until 05 April 2024 we encourage candidates to apply as early as possible. Our programme is very selective and we only admit a limited number of students, so applying before 31 January 2024 increases your chances.

How to Apply

For queries about the MRes/PhD Programme that are not addressed on our web pages, please contact [email protected] .

Video Library

Frequently Asked Questions about the UCL School of Management MRes/PhD Programme

Programme Information

Application process, admissions requirements.

Students are required to possess a “Level 2” English language qualification if it is not their first language. This means: TOEFL: Score of 96, plus 24/30 in the reading and writing, and 22/30 in the listening and speaking subtests. IELTS: Overall grade of 7.0 with a minimum of 6.5 in each of the subtests.

Further Information

If you have any other questions regarding the programme that are not addressed on our web pages please email the programme team ( [email protected] )

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• Economics School of Louvain

Ph.D. in Economics

Louvain-La-Neuve

The Ph.D. in economics of UCLouvain prepares candidate for research and teaching positions in academia and private or public organizations across the world. The Ph.d.D program is built as a three-year training program (180 ECTS).

The school offers doctoral students a broad choice of advanced courses in various fields of economics.

The objective is twofold: confronting students with the latest developments in their own field of research and exposing them to recent developments in at least one other field of research. The choice of courses is enlarged thanks to a collaboration with the University of Brussels (ULB) , the University of Namur (UNamur)  and the  Katholieke Universiteit Leuven . Beyond courses, that collaboration also opens the possibility of joint supervisions of thesis and the organisation of a yearly meeting of doctoral students from the three institutions.

The Economics School of Louvain also co-organizes the European Doctoral Program . The EDP is a  network of top economics departments in Europe offering an outstanding breath of courses and research topics, within different research traditions, opening to a great variety of views unified by deep and rigorous thinking, with an emphasis on creativity and intellectual excellence, through high quality supervision and exchanges and mobility between member institutions leading to a large academic and professional alumni network.

The admission to the doctoral school constitutes the FIRST MANDATORY STEP in the doctoral process.

The admission application is to be sent to the Doctoral Bureau in Economics through its administrator  in electronic format (PDF, in a single file)

Admission application The following elements must be contained in the electronic admission file :

• Identity, full name (scanned copies of identity card and/or passport) 
• Contact information (address, telephone and email) 
• CV and copies of obtained university degrees 
• Proof of completion of Master’s degree in economics 120 ECTS with honors or equivalent, terminating undergraduate and graduate university studies of at least 300 ECTS.
• A student with a Master’s degree 120 ECTS obtained with honors or equivalent in a different field may be granted access after validating up to 60 ECTS of graduate coursework in management or equivalent. 
• Documentation showing proficiency in English
• Letter of support from a faculty member to act as supervisor.
• Research proposal 
• Proposal for supervisory panel
• Proposal for a research training programme

Confirmation

The confirmation procedure is a mandatory INTERMEDIATE STEP in the doctoral process with the purpose to assure adequate progress towards the thesis defense in order to meet the statutory objectives in terms of time and quality. The confirmation serves several objectives:

• the confirmation is the critical stage where the candidate has to convince his/her supervisory panel about the prospects of terminating the thesis as initiated. In passing the confirmation, candidate gets an endorsement from the supervisory panel to continue the research along the undertaken direction until the private defense (at least one year later).  
• the confirmation is the occasion for the supervisory panel to more precisely fix objectives and limitations for the candidate and the project, given the intermediate results from the 1-2 years of research. These guidelines are important to focus the final work at fruitful areas for scientific contributions, opportunities for publication and/or data availability.
• the progress and status at the confirmation allows the supervisory panel to identify and isolate potential barriers for the candidate in the realization of the project. These barriers could be both linked to material resources (access to financial resources, tools and proprietary data) and human resources (personal capacity of the candidate to master parts of the methodology, supervisory capacity, international connections, etc). The guidelines from the confirmation should address any potential barriers identified as to ensure that the objectives can be achieved in due time with highest quality.  

Doctoral Defense

When the supervisory panel considers that the candidate’s work and doctoral research training have been satisfactorily completed, it proposes a composition of a doctoral jury. Usually, the private defense can be fixed earliest one year after the passed confirmation.

Research themes

Research in economics at UCLouvain covers the following fields:

• general equilibrium and games,
• industrial organisation, economic geography and international trade,
• growth and fluctuations,
• public policy: health, education, environment and natural resources,
• financial institutions and markets,
• labour markets, social policy and social economics,
• economic history and history of economic thought,
• ethics and social choice,
• econometric methods.

Diploma and certification

The programme leads to a degree of "Docteur en sciences économiques et de gestion" id est  "Doctor in Economics and Management"

Participating Entities

CORE : Center for operations research and econometrics. IRES :   Institut de recherches économiques et sociales ETES : Chaire Hoover d'éthique économique et sociale.

Doctoral Commission

Président : Per Joakim AGRELL Secrétaire académique : François MANIQUET Autre(s) membre(s) académique(s) : Nathalie DELOBBE Florian MAYNERIS Marthe NYSSENS Claude PECHEUX Membre(s) scientifique(s) : Mehdi MADANI

Administration Mrs Isabelle Portzenheim [email protected] SSH/ESPO/ECON Collège Léon Dupriez Place Montesquieu 3, bte L2.06.01 B-1348 Louvain-la-Neuve (Belgium) Tel: +32-10-47.39.54 Fax: +32-10-47.32.90Q