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Best Doctorates in Economics: Top PhD Programs, Career Paths, and Salaries

If you’re a graduate student and interested in pursuing an advanced study in the field of economics, you should start researching the best PhDs in Economics. By enrolling in an economics PhD program, you’ll be getting an in-depth education on past and current economic trends.

In this article, we’ll try to help you choose the right PhD in Economics by going over some of the best programs in the United States. We’ll also cover some of the highest-paying economics jobs on the market and provide an overview of the PhD in economics salary possibilities.

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What is a phd in economics.

A PhD in Economics degree is an advanced doctoral degree program that studies the distribution and consumption of goods and services. Economics classes teach students to analyze small-scale and global-scale economic factors to make predictions for future markets.

The main goal of economics departments in PhD programs is to teach students how to help different institutions improve and optimize their economic actions. Through a mix of teaching, research, and a heavy course load, economics grad students will perfect their quantitative skills and learn to make decisions that increase the profitability of the organizations they work for.

How to Get Into an Economics PhD Program: Admission Requirements

The admission requirements to get into an economics PhD program include a bachelor’s degree in a related field and a minimum 3.0 GPA. Other admission requirements can include GRE exam scores, letters of recommendation, a statement of purpose, and a resume. Admissions counselors will look at a student’s comprehensive experience before grad school.

Different schools have other specific admission requirements for their economics PhD programs, but all international and English as a second language-speaking (ESL) students will have to submit proof of English proficiency in the form of Test of English as a Second Language (TOEFL) exam scores.

PhD in Economics Admission Requirements

• Bachelor’s or master’s degree in a related field
• Minimum 3.0 GPA
• GRE test scores (optional for most schools)
• Two to three letters of recommendation
• Proof of English proficiency (for ESL and international students)
• Statement of purpose
• Previous knowledge in math-intensive subjects, such as economic theory, statistics, mathematics, differential and integral calculus, and linear algebra

Economics PhD Acceptance Rates: How Hard Is It to Get Into a PhD Program in Economics?

It can be very hard to get into economics PhD programs. Economics PhD acceptance rates vary between 2.4 and 7.4 percent. At Johns Hopkins University, for example, only 12 students are selected to enroll in the Economics PhD program out of more than 500 applications.

How to Get Into the Best Universities

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Best PhDs in Economics: In Brief

Best universities for economics phds: where to get a phd in economics.

The best universities for PhD economics programs include Arizona State University, John Hopkins University, Syracuse University, and Drexel University. These schools will adequately equip you with the economic knowledge and skills needed to ensure you are ready for a well-paying job in the economics career path of your dreams. Continue reading for all you need to know to prepare for grad school at one of the top Phd in Economics degree programs.

Arizona State University is a public research university founded in 1886. It is considered one of the best institutions for superior education. ASU offers more than 400 graduate degree programs led by experts and has been ranked as the nation’s most innovative university by US News & World Report . 

PhD in Economics

This economics PhD program provides training in microeconomic and macroeconomic theory, applied economics, and econometrics. Classrooms are relatively small, with about 45 graduate students, to facilitate mentoring and provide greater faculty attention within the department of economics. The program prepares students for teaching and research positions in the field of economics. 

PhD in Economics Overview

• Program Length: 5 years
• Acceptance Rate: Not stated
• Tuition: $ 858/credit (in state); $1,361/credit (out of state)
• PhD Funding Opportunities: National Science Foundation Graduate Research Fellowship, graduate teaching assistantships
• Bachelor's or master's degree from a regionally accredited institution
• Minimum cumulative GPA of 3.0
• Graduate admission application and application fee
• Official transcripts
• Three letters of recommendation

Colorado State University was founded in 1870. It is a public land-grant research university and is considered the flagship university of the Colorado State University System. It offers several programs and certificates across many fields and has over 7,000 enrolled graduate students.

This economics doctoral program offers meticulous training and teaches research methods in the many different areas of economics. These math intensive classes include microeconomic theory, macroeconomic theory, and econometrics. This econ program requires a minimum of 72 credits and allows students to focus on different areas like environmental, international, political, Keynesian, feminist, or regional economics.

• Tuition: $601.90/credit (in state); $1,475.80/credit (out of state)
• PhD Funding Opportunities: Graduate assistantships, scholarships, fellowships, internships, grants
• Online application and application fee
• Official transcripts of all collegiate work completed post-high school
• Letters of recommendation

Drexel University was founded in 1891. It is a private research university with over 8,900 enrolled graduate students. Their co-op education program sets this university apart from others, offering students the opportunity to get paid and gain real-world experience prior to graduating.

This PhD in Economics teaches a set of core courses including microeconomics, macroeconomics, and econometrics. Students are then required to specialize and demonstrate math skills in industrial organization, international economics, or macroeconomics. This PhD is an official STEM Designated Degree Program. Each class is composed of three to six doctoral students to optimize and facilitate interactions between students and faculty. 

• Tuition: $1,342/credit
• PhD Funding Opportunities: Graduate assistantships
• GRE scores from the past five years
• Personal statement
• Two letters of recommendation

Johns Hopkins University is a world-renowned private research university. It was founded in 1876 and is now organized into 10 campuses in Maryland and Washington, with international divisions in Italy and China. The university has over 22,000 graduate students enrolled across its social sciences, engineering, arts, and business schools.

This economics program is led by expert faculty and trains students in applied microeconomics and macroeconomics, economic theory, and econometrics. Students will receive one-on-one attention from faculty, allowing them to conduct better research and strengthen the complex analysis and quantitative skills necessary in the field of econ. 

• Program Length: 5-6 years
• Acceptance Rate: 2.4%
• Tuition: $58,720/year 
• PhD Funding Opportunities: Departmental fellowship (1st year), teaching or research assistantships (2nd to 5th years), Carl Christ Fellowship, Kelly Miller Fellowship, tuition fees funded by the department for enrolled students
• Unofficial transcripts from all previous colleges and universities
• GRE scores (quantitative scores of 160 or above)
• Minimum of two letters of recommendation

Kansas State University was founded in 1863 as the first public institution of higher education in Kansas. KSU is a public land-grant research university and has over 4,500 enrolled graduate students across 73 master's and 43 doctoral degree programs.

This PhD Economics program teaches students about the latest advances in econometrics, economic theory, and computation. The program requires the completion of a minimum of 90 credits, of which 30 are designated to researching and writing a high-quality dissertation.

• Tuition and Fees: $6,282/year (in state); $12,746/year (out of state)
• PhD Funding Opportunities: Teaching assistantships, the Wayne Nafziger Graduate Scholarship, the Lloyd and Sally Thomas Graduate Scholarship, and Edward Bagley Graduate Scholarship; tuition fees funded by the department for enrolled students
• Academic transcripts of all undergraduate and graduate coursework from each institution attended
• Short statement of objectives for graduate study
• GRE scores from the past five years (optional but encouraged)

Oregon State University ’s roots can be traced back to 1856 as a public land-grant research university that was founded as a primary and preparatory community school. Today, the university is the largest in Oregon. Oregon State is particularly renowned for its programs in earth, marine, and biological sciences and has over 5,668 enrolled graduate students.

PhD in Applied Economics

The 108-credit Applied Economics PhD degree program teaches students about economic theory, econometrics, development economics, and other quantitative methods. Grad school students of this program will gain the intellectual autonomy needed to examine real-world problems and apply relevant solutions regarding policy, education, trade, and the environment. 

PhD in Applied Economics Overview

• Program Length: 4-5 years
• Acceptance Rate: 6.7%
• Tuition: $498/credit (in state); $1,011/credit (out of state)
• PhD Funding Opportunities: Graduate assistantship

PhD in Applied Economics Admission Requirements

• Academic records from each institution attended
• Letters of reference
• Statement of objectives

Syracuse University is a private research university founded in 1831 with over 6,800 enrolled graduate students. Syracuse is ranked 59th on US News & World Report’s list of best national universities and features famous alum President Joe Biden. 

The PhD in Economics program at Syracuse University is a research-oriented degree that requires the completion of 72 credits. The program teaches students about mathematical economics, microeconomic theory, macroeconomic theory, and econometrics. Students will specialize in a primary field in labor, international, public, urban economics, or econometrics. 

• Acceptance Rate: N/A
• Tuition: $32,436/year
• PhD Funding Opportunities: University Fellowships, graduate assistantships, Melvin Eggers Graduate Economics Scholarship for Doctoral Students, David Greytak Fellowship Fund
• Transcripts from all collegiate and post-collegiate work
• Three letters of recommendation 

University of Maryland (UMD) at College Park was founded in 1856 and is the flagship campus of the University System of Maryland. UMD is a public, land-grant research university with 10,500 enrolled graduate students in over 230 graduate degree programs.  

PhD in Economics (ECON)

This econ PhD program offers a wide range of specializations to students, including advanced macroeconomics or microeconomics, behavioral and experimental economics, econometrics, economic history, international trade, and public economics. Students who enroll directly after they finish their bachelor’s degree are also able to obtain a Master of Arts degree simultaneously. 

PhD in Economics (ECON) Overview

• Acceptance Rate: 4.1%
• Tuition: $1,269/semester (in state); $2,496/semester (out of state)
• PhD Funding Opportunities: Graduate assistantships, Fellowship in Support of Diversity and Inclusion

PhD in Economics (ECON) Admission Requirements

• Transcripts from all institutions attended after high school
• Description of research and work experience
• GRE exam scores (optional)

University of Utah was established in 1850 as a public research university and is now considered the flagship institution of the Utah System of Higher Education. It currently has over 8,400 enrolled graduate students and offers several programs with financial assistance, academic opportunities, and postdoctoral fellows.

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This economics PhD program allows students to explore many topics, including economic theory, post-Keynesian macroeconomics, Marxian economics, the economics of gender, labor market institutions, and intensive math classes. The program focuses particularly on themes of inequality, globalization, and sustainability. 

• Acceptance Rate: 7.4%
• Tuition and Fees: $1,271.79/credit (in state); $4,517.11/credit (out of state)
• PhD Funding Opportunities: Graduate assistantships (research and teaching), fellowships, scholarships
• Completion of intermediate microeconomic and macroeconomic theory prerequisite courses 
• Three academic reference letters
• Brief statement of personal academic goals

West Virginia University was founded in 1867 as a public land-grant research university. Today, the university enrolls over 5,700 graduate students in more than 350 programs throughout 14 colleges and high-quality schools.

This 45-credit PhD program trains students to conduct original research, produce publishable articles, analyze real-world problems from economists and policymakers, and effectively communicate their results. Doctorate students must choose a specialization in health, international, monetary, public, regional, or urban economics. Classes in economics have a small number of students to facilitate and encourage interaction between students and faculty.

• Program Length: 4 years
• Tuition and Fees: $899/credit (in state); $2,053/credit (out of state)
• PhD Funding Opportunities: Graduate assistantships, Arlen G. and Louise Stone Swiger Doctoral Fellowship, W.E.B. Du Bois Fellowship, Provost Graduate Fellowship
• Minimum GRE score of, 300
• Completion of statistics, intermediate micro and macro theory, and calculus prerequisite courses

Can You Get a PhD in Economics Online?

Yes, you can get a PhD in economics online. Liberty University currently offers an online PhD in Public Policy with a concentration in Economic Policy. This program focuses on teaching students how to shape economic policy across legislation, communications, politics, education, and international relations. Grad school students can complete this online program in three years.

Best Online PhD Programs in Economics

How long does it take to get a phd in economics.

It takes five years on average to get a PhD in Economics. The first two years are usually spent completing core classes in economics, and by the third year, students prepare for exams in their specialization field of choice. The final two years are for research and writing a dissertation.

Some students are able to complete their PhD program in less time. Others take up to seven years to finish their degrees, especially if they don’t already have a master’s degree in the field, or are taking courses part-time.

Is a PhD in Economics Hard?

Yes, a PhD in Economics is a hard degree to obtain. However, at this level of education, regardless of the area of study you choose, all programs are hard to complete. Doctoral programs are intended for students who wish to become true experts in their field of choice.

Economics PhD programs are hard because extensive research and practical capabilities are required of candidates. Through a heavy course load, econ grad students are expected to work hard to develop their skills to the maximum and create publishable, high-quality work.

How Much Does It Cost to Get a PhD in Economics?

It costs an average of $19,314 per year to get a PhD in Economics , according to the National Center for Education Statistics. This value is an average of the graduate tuition required in all public and private institutions between 2018 and 2019. Tuition rates will vary by school, and private universities are often more expensive than public institutions.

How to Pay for a PhD in Economics: PhD Funding Options

PhD funding options that students can use to pay for a PhD in Economics include research and teaching assistantships, and many different fellowships and scholarships. These can either be provided directly by the university or by independent institutions and organizations.

Some of these include the Provost Graduate Fellowship, the Melvin Eggers Graduate Economics Scholarship for Doctoral Students, and the National Science Foundation Graduate Research Fellowship Program.

Best Online Master’s Degrees

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What Is the Difference Between an Economics Master’s Degree and PhD?

The main difference between an economics master’s degree and a PhD is that master’s degrees are more career-oriented, while PhDs are focused on research. Since many doctorate students wish to pursue academic careers and teach in high-quality schools, they opt for a PhD program that allows them to acquire expert-level knowledge through research and assistant teaching.

Other differences between these two programs include funding options for payment, as master’s degrees don’t have as many funding options as PhD programs do, as well as the time of completion and the difference in salary between economics master’s and PhD graduates.

Master’s vs PhD in Economics Job Outlook

Employment for both economics master’s and PhD graduates is expected to grow in the next 10 years. However, the growth percentage is much higher for certain economics jobs for those with a doctoral degree. For example, employment for budget analysts, a position that requires only a Master’s Degree in Economics, is projected to grow five percent from 2020 to 2030, which is slower than the average growth for all occupations.

On the other hand, employment for postsecondary teachers, who typically need to have a PhD in Economics, is expected to grow 12 percent in the next 10 years .

Difference in Salary for Economics Master’s vs PhD

Considering the differences mentioned above, there’s a significant difference in average salaries for economics master’s and PhD graduates. While a budget analyst makes around $84,240 on average per year, a postsecondary teacher makes $124,090 on average per year.

According to PayScale, the average salary of someone with a Master’s Degree in Economics is $82,000 per year , whereas the average salary of someone with a PhD in Economics is $110,000 per year .

Related Economics Degrees

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Why You Should Get a PhD in Economics

You should get a PhD in Economics because it will allow you to learn many valuable quantitative and analytical skills in the field, improve how you communicate with peers and non-experts alike, learn from a wide variety of specializations, and put you on track for a career in research and academics.

Reasons for Getting a PhD in Economics

• Wide range of specializations. A PhD in Economics allows you to specialize in an area that interests you most, such as financial, labor, international, political, business, feminist, Keynesian, environmental, or development economics.
• Improve communication skills. Throughout your economics PhD program, you’ll be required to publish high-quality articles for peer review. This means that you’ll also be expected to learn how to communicate your findings to the common layman.
• Learn many relevant skills. Econ students learn skills that will allow them to work for several institutions. They’re able to evaluate and calculate risk, make predictions, develop and use mathematical models, and deeply understand market dynamics.
• Work in academia. Most PhD graduates desire to become professors themselves. A PhD in Economics allows students to work for all kinds of superior institutions and have a fulfilling career in research and academia.

Getting a PhD in Economics: Economics PhD Coursework

Getting a PhD in Economics begins with core economics PhD coursework. For most programs, these courses include micro and macroeconomics, econometrics, mathematics for economists, and research design and methodology.

Microeconomics

A microeconomics course teaches decision-making when it comes to allocating resources of production, exchange, and consumption. Students learn about consumer and producer theory, general equilibrium theory, game theory, and other key applied microeconomic topics.

Macroeconomics

Macroeconomics is the area of economics that studies the economy as a whole. It accounts for the total goods and services provided, economic growth, and total income and consumption. In this course, students learn about the different macroeconomic models and current trends in macroeconomic thought.

Econometrics

In an econometrics course, students learn about probability and statistics, random variables, and hypothesis-testing procedures. Students will also be able to apply mathematical formulations to create complex economic models.

Mathematics for Economists

This core course is important to review the mathematical techniques required in economics. Students consolidate their knowledge in calculus, matrixes, algebra, differential equations, and set theory.

Research Design and Methodology

This introductory course is fundamental to guide students through conducting relevant research in economics literature for their dissertation, article publications, seminars, and any other papers they’ll need to prepare.

Best Master’s Degrees

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How to Get a PhD in Economics: Doctoral Program Requirements

If you’re wondering how to get a PhD in Economics, the answer is pretty straightforward. To successfully complete an economics PhD program, students will have to complete all of the doctoral program requirements. These include successfully concluding core economics classes, establishing a program of study, passing the qualifying exam and candidacy examination, and defending a final dissertation.

Every PhD student will have to take a common set of core courses during their first year. These courses in micro and macroeconomics, econometrics, and mathematics provide students with basic training for conducting research in their field at advanced levels.

At the end of the first year, students will take their first-year exam to prove their competence in the core course and readiness to continue with the program. Passing these exams will allow students to choose their specialization courses for the second year.

Just before the beginning of the second year, students will work with an advisor to help them figure out the specialization courses best for them. They will also facilitate the process of finding a permanent advisor and creating a program of study for the rest of the degree program.

Candidacy examinations, or field course exams, are tests that prove a student’s knowledge in the specialized fields in which they wish to pursue their dissertation research. Upon passing these examinations, students are then recognized as PhD candidates.

By the end of the fifth year, most students have already completed their research and are ready to present and defend their theses. Students defend their dissertation in a final oral examination. Upon passing the defense, students must submit a final copy of their dissertation.

Potential Careers With an Economics Degree

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PhD in Economics Salary and Job Outlook

Getting a PhD in Economics will grant you career stability and financial security. Career prospects in the economics field are great, as employment in these jobs is projected to grow faster than average. Continue reading for a list of some of the best PhD in Economics jobs available to graduates and an overview of their annual salaries.

What Can You Do With a PhD in Economics?

With a PhD in Economics, you can apply to many high-paying jobs in the field. These jobs can include financial manager, postsecondary economics teacher, economist, personal financial advisor, or even urban and regional planner roles.

Best Jobs with a PhD in Economics

• Financial Manager
• Postsecondary Economics Teacher
• Personal Financial Advisor
• Urban and Regional Planner

What Is the Average Salary for a PhD in Economics?

The average salary for someone with a PhD in Economics is $110,000 per year , according to PayScale. This value varies depending on the career path you choose, the company you work for, or even the industry you base your work in.

Highest-Paying Economics Jobs for PhD Grads

Best economics jobs with a doctorate.

In this section, we’ll cover the best economics jobs you can get with a doctoral degree. They include financial managers, postsecondary teachers, and economists. Other high-paying jobs include personal financial advisors and urban and regional planners.

Financial managers are responsible for the financial standing of a company or organization. They coordinate accounting and investing, create financial reports, and develop long-term financial goals for their company. They must have knowledge of the tax laws and regulations specific to their industry.

• Salary with an Economics PhD: $153,460
• Job Outlook: 17% job growth from 2020 to 2030
• Number of Jobs: 681,700
• Highest-Paying States: New York, Delaware, and New Jersey

Many economics PhD students are interested in teaching in postsecondary academic institutions. After being hired, these professors are placed in the school’s department of economics where they can conduct research and teach one or more courses in the field.

• Salary with an Economics PhD: $124,090
• Job Outlook: 12% job growth from 2020 to 2030
• Number of Jobs: 1,276,900
• Highest-Paying States: New Hampshire, Montana, and California

Economists apply their knowledge and skills in economic analysis within a great variety of fields. They study the cost of products, examine employment, taxes, and inflation levels, and analyze economic history trends to make predictions for the future.

• Salary with an Economics PhD: $120,830
• Job Outlook: 13% job growth from 2020 to 2030
• Number of Jobs: 18,600
• Highest-Paying States: New York, Washington DC, and California

Personal financial advisors advise clients on investments, insurance, mortgages, taxes, and other areas related to financial investment and management. They work to assess a client’s needs and help them make the best financial decisions for their future.

• Salary with an Economics PhD: $119,960
• Job Outlook: 5% job growth from 2020 to 2030
• Number of Jobs: 275,200
• Highest-Paying States: New York, Washington DC, and Washington

Urban and regional planners gather and analyze information regarding economic, population, and environmental factors to advise developers on their plans to use land. Using their analytical and data skills, they eventually have the final say on whether a land project is feasible.

• Salary with an Economics PhD: $81,310
• Job Outlook: 7% job growth from 2020 to 2030
• Number of Jobs: 39,100
• Highest-Paying States: Washington DC, California, and New York

Is a PhD in Economics Worth It?

Yes, a PhD in Economics is worth it. Getting an economics PhD is a great way to gain valuable skills for the econ job market, work on your overall communication, and guarantee financial security and stability over the course of your career.

Economics PhD graduates can choose between conducting research and teaching in superior institutions, prestigious government positions, and continuous work at some of the highest-paying private institutions.

Additional Reading About Economics

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PhD in Economics FAQ

Some of the top companies that are hiring economists in 2022 include RAND, the Federal Reserve Bank of New York, and the World Bank. Fannie Mae, the IMF, and Amazon are also top companies looking for economists.

Yes, you are expected to teach or somehow be involved in classroom experiences during your PhD program. Most students receive financial funding through teaching assistantships. These are viewed as an important component of the PhD college career.

You’ll need to have some kind of mathematics background to be admitted to an economics PhD program. All candidates must have taken intensive math classes and need proven math ability in calculus, linear algebra, and differential equations.

No, you don’t need an econ master’s degree to enroll in an economics PhD. However, only a small number of applicants are accepted into these programs and a master’s degree could be considered a competitive edge.

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What Can I Do with a PhD in Economics?

If a graduate degree in economics is on your mind, you may wonder why someone would pursue a doctorate degree in the field. After all, many master's degrees in economics are designed to prepare students like you for myriad economics careers. But while a master's degree will help you stand out against competitors in the job. market, a PhD can open even more doors.   

Earning a PhD in Economics means you have completed the highest level of education in the discipline, thereby creating nearly unlimited opportunities for any job in a related field. 

What does an Economics PhD do?

Economics PhDs specialize in areas like labor economics, macroeconomics,  industrial organization, or international economics and pursue careers within that specialization. For example, institutions like the World Trade Organization (WTO) — the international trade body —  the International Monetary Fund (IMF) or the World Bank might seek to hire economists who have specialized in international economics.

The Federal Reserve Bank system hires lots of PhD macroeconomists. Government agencies like the Federal Trade Commission hire PhD economists specializing in industrial organization. The Census Bureau hires lots of PhD economists specializing in fields like labor economics.

These complex, high-profile positions are often found in the corporate sector or government and frequently involve exploring regulatory, strategic or public policies.

In addition to jobs in government and industry, academic economists play leading roles in the development of new ideas in economics and hold faculty positions in a variety of academic settings.

Industry Profile for Economists 

The need for candidates with extensive economic knowledge and an upper-level understanding of quantitative analysis continues to grow as the government and private corporations seek to understand international competition, predict consumer behaviors and apply analysis to a rapidly changing global environment. 

Industries With the Highest Levels of Employment in Economics

Nearly every entity relies on economists in some way to help research and advise, optimize results, interpret data and recommend solutions. Some of the top industries that employ economists include:

• Federal and state governments
• Management, scientific and technical consulting services
• Scientific research and development firms
• Finance and insurance companies 

How to Get a Doctorate in Economics: The Econ PhD Program at SMU

The PhD program in Economics at SMU is the oldest PhD program at the university and has been providing students with rigorous training in a broad range of fundamental methodologies for conducting economic research for more than 55 years. 

With a low student-to-faculty ratio in a relatively small program, the Economics PhD program at SMU allows for an open and friendly environment, careful supervision, quality contact time with faculty and individualized mentoring that can’t be matched elsewhere. 

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Join the research profile GRACE aiming at accelerating the green transition in the manufacturing industry! We like to welcome you to Jönköping University, Shool of Engineering and our department of...

Doctoral Student in Business Administration (Organisational Design and Sustainability), based at CTF

DescriptionAs a part of the strategic investment on doctoral students at Karlstad university, The Faculty of Arts and Social Sciences is accepting applications for a doctoral position leading to a ...

Doctoral Student in Business Administration (Service Design and Sustainability), based at CTF

DescriptionThe Faculty of Arts and Social Sciences is accepting applications for a doctoral position leading to a PhD in Business Administration with a specialisation in service design for circular...

PhD Positions on the Application of Generative AI in Customer Service

PhD Positions on the Application of Generative AI in Customer ServiceAt the Chair of Technology Marketing, we stand at the forefront of exploring the transformative potential of generative AI in re...

PhD position in Quantifying the impact of nationwide screening for cardiovascular disease chronic kidney disease and Diabetes Mellitus type 2

Job descriptionThe challenge is to transform healthcare through early detection and treatment of diseases. Cardiovascular diseases, chronic kidney disease, and type 2 diabetes severely impact the q...

PhD position in social acceptance of artificial and sustainable fuels

The Sustainability Research Group at the University of Basel is looking for one PhD candidate to investigate social acceptance of artificial and sustainable fuels.The political support of conventio...

PhD position Reinforcement learning for digital finance

Job descriptionThe successful applicant will join the Industrial Engineering and Business Information Systems (IEBIS) section of the High-Tech Business & Entrepreneurship Department (HBE) at the Fa...

Doctoral student in Electricity market optimization

Project descriptionEuropean states (and Sweden) are working toward a sustainable intermittent renewable future. This green vision has brought about several important challenges. One of the major ch...

PhD Research Fellow in International Business

About the positionUp to seven 100 % positions within the broad field of International Business are available at the University of Agder, School of Business and Law, as a PhD Research Fellow for a period of three years. Depending on the applicants’...

PhD position in Health Economics

The new Chair of Health Economics, under the direction of Prof. Dr. Armando Meier, at the Faculty of Business and Economics of the University of Basel invites applications for a PhD position (teach...

Doctoral student in Digitalisation and RE business models

Project descriptionThird-cycle subject: Real Estate Construction and ManagementKTH Royal Institute of Technology in Stockholm has grown to become one of Europe’s leading technical and engineering u...

Doctoral student (licentiate) in DMDU for Transport Planning

Project descriptionThird-cycle subject: Transportation ScienceTransportation is facing a period of significant changes and uncertainties driven by a variety of factors (technologies, mobility norms...

Doctoral student in Transport Science

Project descriptionThird-cycle subject: Transport Science with specialization in Transport SystemsKTH Royal Institute of Technology in Stockholm has grown to become one of Europe’s leading technica...

PhD : Integrated approach for the evaluation of spatial management scenarios for a fishery affected by toxic algal blooms. The case of the scalop fishery in the Eastern Channel (M/F)

Reference:  PV-2024-1429Department/Office :  Département des Ressources Biologiques et EnvironnementUnité de recherche Economie MaritimeDuty station:  Brest, Bretagne, FR , FranceStarting date on the job :Deadline for applications : 23/04/2024Gene...

2 PhD Positions in Operations Management with Healthcare Applications

Position PhD-studentIrène Curie Fellowship NoDepartment(s) Industrial Engineering and Innovation SciencesFTE 1,0Date off 21/04/2024Reference number V39.7322Job descriptionThe healthcare system is veering towards unaffordability. Are you inspired t...

Fully funded PhD Position in Finance at Rotterdam School of Management (RSM), Erasmus University Rotterdam (EUR)

*(up to) 5-year fully-funded projects & state-of-the-art facilities*Erasmus Research Institute of Management (ERIM) is a joint research institute of Rotterdam School of Management, Erasmus University (RSM) and the Erasmus School of Economics (ESE)...

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• Resources for Students
• Careers in economics

The economics profession

Becoming a professor, researcher, or educator.

The Doctor of Philosophy degree (PhD) in economics is necessary for a faculty position in economics at most four-year colleges in the US. A masters degree is the typical credential for faculty at two-year colleges. Although some students complete masters programs before entering PhD programs, many go directly from BA programs into PhD programs. Completion of a PhD requires about six years of full-time study. Holders of the PhD often also choose research careers outside of academics, including roles at the Federal Reserve, international agencies, and government policy and evaluation departments as well as in private banks, investment houses, and other for-profit ventures.

The AEA's Universal Academic Questionnaire Summary Statistics reports that average starting salaries for assistant professors at PhD granting institutions was $149,946 in 2022-2023. The table below reports the average salary of economists at each academic rank by type of institution.

Average Academic Salaries for Tenured or Tenure-Track Economists by Rank and Type of Institution, 2022-2023

Source: American Economic Association 2022–2023 Universal Academic Questionnaire Summary Statistics , AEA Papers and Proceedings 2023, 113: 688–691.

Academic economists at PhD granting institutions play leading roles in the development of new ideas in economics and publish their work in journals like those published by the AEA . As teachers, economists play an important role in supporting the undergraduate major in economics and the various graduate programs.

A number of PhD economists hold faculty positions in MBA programs, law and medical schools, public policy programs, and in a number of other fields. Economists on the faculty of leading professional schools often earn premium salaries.

A number of for-profit and not-for-profit enterprises hire research economists as do many government and international agencies. The National Association of Business Economics provides information about business careers for economists. The career sites for government and not-for-profits mentioned above also point to opportunities for researchers.

Current job openings for economists in academia and with some other employers appears in the American Economic Association's network for job seekers called  Job Openings in Economics (JOE) .

Preparing for graduate school

Funding opportunities for graduate school, universal academic questionnaire (uaq).

Questions about placement? Contact our placement officer Robert Townsend  or placement administrator  Shannon May .

Candidates for 2023-2024

Download the  MIT Economics Job Market Packet

See the  MIT Sloan School of Management candidates

Placement History

The department plays an active role in assisting graduate students with career placement. In a typical year, every MIT Economics PhD graduate finds a job.

Over the past six years, the department has placed a total of 130 graduates in academic, research, and government jobs. Of these, 90 graduates (69%) chose positions at academic institutions and 36 graduates (28%) chose non-academic positions. Of the 90 academic placements, 35 (39%) were at top-15 US economics departments or top-10 US business schools. The tables below break out these proportions for each cohort and highlight some of our top placements.

All placements, 2018-2023

Placements to top economics departments and business schools, 2018-2023.

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Economics PhD

Becoming an Economist

With a PhD in economics, you can choose to become a college professor or work at the Federal Reserve, international agencies, consulting firms, private banks, or other for-profit ventures. Learn more about the economics profession here . 

If you are interested in earning a PhD in economics, talk to your academic advisor early in your career. Competitive applicants have strong grades in their intermediate economics and advanced mathematics courses (see Choosing Electives guide for details), as well as research experience. For additional advice, read the following resources: 

• Masayuki Kudamatsu’s  Tips 4 Economists  links to a wide range of excellent resources with tips for applying to graduate school (and beyond).
• Professor Wong's advice for those thinking about a PhD in economics or other quantitative social sciences
• Former Oxy Professor Slavov's tips for applying to PhD Programs in economics
• American Economic Association's resources for preparing for graduate school

You may also want to consider attending one of several summer programs for aspiring PhD Students. These programs are designed to help you prepare for graduate school, to connect you with peers and mentors, and to help you decide if graduate school is right for you. These programs include:

The AEA Summer Training Program & Scholarship Program . This 8-week intensive residential program "prepares talented undergraduates from under-represented groups for doctoral programs in Economics and related disciplines." The application deadline is often in January.

The Becker Friedman Institute Summer Institute . This 3-week program aims to increase the diversity of the economics profession by attracting “extraordinary students from colleges and universities around the country who would not otherwise consider studying economics — and to get them excited about this important area of study through exposure to some of the most innovative faculty in the field.” This program is ideal for college students early in their undergraduate educations. The application typically opens in December.

PREDOC is a consortium of universities and research institutions providing a pathway into PhDs in the social sciences. In addition to running a summer program, PREDOC also acts as a clearinghouse for research and job opportunities.

Note that most students do not begin PhD programs in economics directly after their undergraduate career. Instead, students often develop their skills (and learn if a PhD is the right choice for them) by first working as an economics research assistant or analyst, or by participating in a one-year pre-doctoral master's program designed to enrich students' quantitative skills. Common pre-doctoral opportunities include:

• Economic Consulting Firms: Analysis Group, Bates White, Brattle Group, Charles River Associates, Compass Lexecon, Cornerstone Research, EconOne, Edgeworth Economics, NERA, Quant Economics
• Policy Organizations: RAND Corporation, The Brookings Institution, International Monetary Fund, Peterson Institute for International Economics
• Federal Reserve Board and Regional Banks 
• Research Assistant Positions:  Many academic economists hire pre-doctoral researchers for full time employment. Available jobs are posted on the NBER Jobs site  and on the Econ RA Twitter Feed .
• One-year Master's in Economics: University of Wisconsin, University of Texas at Austin, Duke University, Tufts University, UCLA, Washington University, and Vanderbilt University

Recent Oxy Econ Alumni Pursuing PhDs:

• Eva (Yiyun) Wang '18: University of Michigan, Economics
• Trevor Osaki '17: UC Santa Barbara, Economics
• Emily Fallick '16: UC San Diego, Economics
• Daniel Perez '16: UC Los Angeles, Economics
• Christina Seyfried '15: Yale, Political Science
• Cullen Cohane '15: University of Wisconsin, Sociology
• Tyler Radler  '14: University of Michigan, Economics
• Aliza Husain '13: University of Virginia, Education Policy
• Megan Lang '13: UC Berkeley, Economics
• Joseph Wyer '10: University of Oregon, Economics
• Jimmy Gillan '08: UC Berkeley, Economics

Bevin Ashenmiller Department Chair [email protected]

Linh Vo Department Services Coordinator

Popular Searches

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Throughout the year, there are always many opportunities available to undergraduates to enhance your knowledge and experience in the field of Economics.  Below are different types of opportunities currently available.

The Ec Department runs a  Semester Undergraduate Program for Economics Research  (SUPER), which pairs students with faculty for semester-long RA positions. The application and hiring cycle for Fall 2023 is now closed. The Spring 2024 cycle will accept applications starting in Dec/Jan. Please stay tuned  on our website  (and make sure you are signed up on our listserv to hear when SUPER is accepting applications).

Types of Opportunities:

Jobs, Research Analysts or Assistantships, Internships   For Seniors   Funding Opportunities   Other Interesting Opportunities

Jobs, Research Analysts or Assistantships, Internships

The Point72 Data Scholars Program : The Point72 Data Scholars Program is a one-day training program for 50 first and second-year college students to gain a deeper understanding of the hedge fund industry and emerging applications for data science in investing. Deadline: 4/21/2024 (posted 4/15/2024)

Research assistant, EV charging ( Salata Institute for Climate and Sustainability ): Vice Provost Jim Stock and Senior Fellow Elaine Buckberg seek a paid undergraduate RA for research on EV charging. Their Harvard-led team of researchers are working to accelerate progress on public EV charging as a pathway to achieving widespread EV adoption and unlocking its climate benefits. Full-time candidates preferred; candidates should be available at least 20 hours/week for at least 12 weeks of the summer. Proficiency in Python, Excel, and PowerPoint is required. Responsibilities will include web scraping, analyzing quantitative data, and background research. Read more about the project here . Please contact Elaine Buckberg ( [email protected] ) with resume, 200-300 words on your interest in the position, and your summer availability. Deadline: none given (posted 4/10/2024)

Research Assistant : Ana Antolin, PhD Candidate in Strategy at Harvard Business School, seeks one to two undergraduate research assistants to assist with various aspects of the research process, including working on background research on state-level gaming laws and legal precedent. Deadline: none given (posted 4/10/2024)

Student Trainee (summer intern) : The Bureau of Economics of the Federal Trade Commission seek interns for Summer 2024. They are looking for advanced undergraduate economics students who are interested in exploring graduate school (such as those considering a pre-doc for the fall of 2025) or economic policy jobs after graduation. They are especially interested in students with substantive experience analyzing data in Stata, R, or Python, and excellent written and oral communication skills. Deadline: rolling basis (posted 3/28/2024)

Fall 2024 Peer Tutors : The Academic Resource Center (ARC) seeks Peer Tutors for a variety of courses for the Fall 2024 term. Deadline: 5/1/2024 (posted 3/22/2024)

Research Assistant: Jared Ellias, professor at Harvard Law School, seeks full-time summer research assistants for empirical research on corporate bankruptcy and financial distress. Tasks will include reading and analyzing legal documents and business and financial data. To apply, please email Professor Ellias’ assistant Alina Kilcoyne ( [email protected] ) with a resume, transcript and a short cover email detailing your familiarity with statistical analysis and Python.  Prior familiarity with financial data, corporate law or bankruptcy is not necessary.  Programming experience is not necessary but is helpful. Deadline: none given (posted 3/11/2024)

Research Assistant: Econometrics tutoring help needed for 10-20 hours for Visiting Fellow. Undergraduate or graduate student who is proficient in using STATA, R, and EVIEWS is desired for part time assistance.  Knowledge of Python will be considered an added advantage. Pay scale negotiable. If interested, please send your resume to Prof. Richard Peiser at [email protected] . Deadline: none given (posted 2/5/2024)

Research Assistant : PhD students in the Harvard economics department (Matthew Lee Chen, Eu-Wayne Mok, and Yu-Jia Wang) seek research assistants to help with data collection for an early-stage project that explores how the Chinese diaspora in Southeast Asia conditioned political change in China over the course of the 20th century. Applicants considered on a rolling basis and should apply as soon as possible. Deadline: none given (posted 2/2/2024)

Research Assistant : PhD student in the Harvard economics department (Matthew Lee Chen) seeks part-time research assistants for a project that seeks to understand how European exploration around the world conditioned a “culture of science” and imperialism at home. Deadline: none given (posted 2/2/2024)

Summer 2024 Internship : Abdiel Capital seeks summer interns to read financial reports, interview sources, and collect and analyze data. Deadline: none given (posted 2/2/2024)

Summer 24 Internship : The D. E. Shaw group seeks students with an expected grad term of Spring 2025 to apply to their summer 2024 internship program. Deadline: none given (posted 12/27/2023)

Research Assistant : PhD student seeks a research assistant to work on an ongoing project focusing on the intersection between the peace processes and on-the-ground conflict. The role will mainly require scraping data, training a language model, and labelling data. If interested, email Emily Silcock at [email protected] . Deadline: none given (posted 12/27/2023)

Research Assistant : PhD student seeks a research assistant to work on an ongoing project focusing on the intersection between the peace processes and on-the-ground conflict. The role will mainly require combing through news reports to find details of their peace processes. If interested, email Emily Silcock at [email protected] . Deadline: none given (posted 12/27/2023)

Research Assistant : Dr. Ashley Nunes (Harvard Law) is seeking an undergraduate research assistant to work on a project on the economics of decarbonization. Deadline: none given (posted 11/21/2023)

Research Assistant : Professor Leo Bursztyn (UChicago Economics) and Aakaash Rao (Harvard Economics) seek an undergraduate research assistant to work on a project on American political campaigns. Deadline: none given (posted 10/10/2023)

Research Assistant : Professor Alisha Holland (Government, Harvard) seeks a part-time RA with a strong command of Stata to help build and analyze a dataset of international infrastructure contracts for a study of electoral cycles in infrastructure contracting in the developing world. Deadline: none given (posted 9/1/2023)

Research Assistant : Jared Ellias, a professor at Harvard Law School, seeks a Fall Semester research assistant through the Institute for Quantitative Social Science for empirical research on corporate bankruptcy and financial distress. To apply, contact Alina Kilcoyne ( [email protected] ) with necessary materials. Deadline: none given (posted 8/30/2023)

Research Assistant : The Culture, Cognition, and Coevolution lab at the Department of Human Evolutionary Biology seeks an RA for the Fall semester to work on a variety of computational and programming tasks. If interested, contact Mona Xue at [email protected] . Deadline: none given (posted 8/14/2023)

Various Summer Research Assistantships at the National Bureau of Economic Research

• Pathways to Research and Doctoral Careers (PREDOC) : A one-stop place where undergraduate students from any backgrounds can find all the information they need, including available RA job positions around the country, educational material to prepare for e.g. data tests, guidance on courses to take, testimonials, and more.  
• NBER RA page . Aggregates RA searches by NBER fellows. 

For Seniors

GPI Fellowship Programme : The Global Prosperity Institute (GPI) is launching the GPI Fellowship Programme, offering candidates a 12 to 24 month paid position working in and helping to grow dynamic small businesses across Tanzania and gain real world experience in driving broad based sustainable economic growth. Deadline: 4/30/2024 (posted 3/27/2024)

Post-doctoral Fellow : The Golub Capital Social Impact Lab in the Graduate School of Business at Stanford seeks fellows for a two year post-doctoral fellowship in field experiments for impact driven social science research working with The Economics of Technology professor Susan Athey and other affiliates of the GC Lab. Deadline: none given (posted 2/29/2024)

Post-doctoral Fellow : The Golub Capital Social Impact Lab in the Graduate School of Business at Stanford seeks fellows for a two year post-doctoral fellowship in applied causal inference with machine learning methods working with The Economics of Technology professor Susan Athey and other affiliates of the GC Lab. Deadline: none given (posted 2/29/2024)

Research Assistant : The Aspen Economic Strategy Group (AESG) seeks a Research Assistant to support its work promoting evidence-based economic policy and support AESG’s Director and Policy Director, both PhD Economists, by producing original economic research and editing commissioned papers. Deadline: none given (posted 2/26/2024)

Economist : Decision Economics, Inc. (DE) seeks a full-time economist to join their economic analysis and quantitative econometric model-based information system forecasting firm serving Corporations, Financial Institutions (Banks, Asset Managers and Traders), and Individuals. Part-time hours are possible for the right candidate. Deadline: none given (posted 1/22/2024)

Research Staff Associate : Columbia Business School seeks a Research Staff Associate for the Economics Division to work on empirical and theoretical research on sovereign debt, the emergence, propagation, and resolution of sovereign debt crises. Deadline: none given (posted 1/3/2024)

Pre-doctoral Researcher : Professors Tong Liu, Lira Mota, Christopher Palmer, and Kerry Siani seek full-time pre-doctoral research fellows for up to two years starting summer 2024 to collaborate on empirical projects in the fields of corporate finance, capital markets, macro-finance, entrepreneurial finance, household finance, and micro-econometrics. Deadline: none given (posted 12/13/2023)

Pre-doctoral Researcher : Professors Joseph Doyle, Alexey Makarin, and Benjamin Vatter seek full-time pre-doctoral researchers to collaborate at all stages of the research process on new and ongoing empirical projects in applied economics. Deadline: none given (posted 12/13/2023)

Pre-doctoral Researcher : Professor Mert Demirer, MIT Sloan, and Michael Rubens, UCLA, seek full-time research assistants for summer 2024 to collaborate on projects in industrial organization. Deadline: none given (posted 12/13/2023)

Pre-doctoral Researcher : David Thesmar & Emil Verner, MIT Sloan, seek fulltime Technical Associates for at least one year, ideally two, beginning in July, 2024 to collaborate in all stages of the research process on a number of new and ongoing empirical projects in the fields of financial economics and macroeconomics. Deadline: none given (posted 12/13/2023)

Pre-doctoral Researcher : Professors Charles Angelucci and Alexey Makarin at MIT Sloan School of Management seek a full-time Predoctoral Technical Associate to help conduct research for several projects in the areas of Political Economy, Economics of Media, Applied Microeconomics in Summer 2024. Deadline: none given (posted 11/22/2023)

Research Assistant : The American Enterprise Institute (AEI) seeks full-time, in-person research assistants to work with senior economists on a wide variety of economic policy issues related to the US economy, tax policy, international finance, political economy, financial services, and health care. Deadline: none given (posted 10/30/2023)

Research Fellow : Prof Marcella Alsan, Director of the Health Inequality Lab at the Harvard Kennedy School, seeks full-time predoctoral research fellows to start in Summer 2024 to support and collaborate on a series of projects related to the economics of health inequality within the U.S. and around the globe. Deadline: none given (posted 10/26/2023)

Strategy Associate : The Fidelity Foundations’ Strategy & Impact team seeks an associate for a strategy consulting role in social impact, with opportunity for learning and growth. Deadline: none given (posted 10/4/2023)

Research Professional :  The Booth School of Business at University of Chicago seeks full-time research assistants for a period of at least one year starting in Summer 2024. Deadline: none given (posted 10/3/2023)

Predoctoral Research Assistants : The Julis-Rabinowitz Center for Public Policy & Finance at Princeton University seeks predoctoral research assistants interested in macroeconomics and finance, to start in summer 2024. Deadline: none given (posted 9/29/2023)

Associate : Secretariat, an international consulting firm, seeks Associates for Summer 2024 starts in its Washington, DC and San Francisco, CA offices. The Associate position is an entry-level position with opportunities for advancement. Deadline: none given (posted 9/21/2023)

Economics Consulting Analyst/Associate : Charles River Associates seeks analysts at a variety of practices and locations. Deadline: none given (9/12/2023)

Research Assistant : Economics professors Dan Benjamin (UCLA), David Cesarini (NYU), Patrick Turley (USC), statistical geneticist Alex Young (UCLA), and their co-authors seek full‐time research assistants at UCLA with start dates during the summer of 2024. Deadline: none given (posted 9/12/2023)

Director’s Financial Analyst Program : The Consumer Financial Protection Bureau (CFPB) are recruiting for the Director’s Financial Analyst (DFA) position to start in June 2024. The DFA offers two-year full-time rotational fellowships designed to engage new entry professionals in public service work. Deadline: none given (posted 9/12/2023)

Pre-Doctoral Fellowship : Economics professors David Laibson (Harvard University), James Choi (Yale University), and John Beshears (Harvard Business School) seek a full‐time predoctoral fellow for mid-June 2024, lasting until mid-July 2025, with a potential second-year renewal. This will involve work on theoretical and empirical research related to behavioral economics, decision making, household finance, and health behaviors. Deadline: none given (posted 8/31/2023)

Research Assistant : The Federal Reserve system seeks research assistants for Spring and Summer of 2024 to work closely with economists on a variety of research questions and real-world policy issues. Deadline: none given (posted 8/30/2023)

Research Assistant Program : The International Monetary Fund (IMF) seeks recent grads for their Research Assistant Program (RAP). Deadline: none given (posted 8/30/2023)

Compilation of job opportunities for graduating seniors interested in research-based careers ​.

Funding Opportunities

Harvard Culture Lab Innovation Fund:  Funding opportunities for advancing diversity, inclusion, and belonging through technology driven solutions. All Harvard students, staff, faculty, postdoctoral researchers, and academic personnel are eligible to apply. 

• All  Harvard Fellowships  from the Office of Undergraduate Research and Fellowship
• Harvard College Funding Sources Database  
• Harvard University CARAT  ( Common Application for Funding and Travel)
• Making the Most of Funding Sources at Harvard ( Powerpoint )
• Various links for funding opportunities in economics
• Echoing Green Fellowships  for funding opportunities social entrepreneurship
• Frank N. Newman Undergraduate Research Fund in Economics , rolling acceptance
• The Davis Center  for research related to Russia and Eurasia.
• Ec Dept Undergraduate Research and Travel Fund , rolling acceptance (thesis writers only)
• IQSS-OTD Entrepreneurship Program

Other Interesting Opportunities

A Conversation with Professor Sendhil Mullainathan : On Monday, April 22nd, at 6 pm, the Charles River Economics Labs will host Professor Sendhil Mullainathan in Sever Hall 113 for a discussion on the interplay between AI/ML and behavioral economics. Please sign up here to attend .

• Participedia Summer School : Participedia seeks participants for their summer school program on Transnational Democratic Innovations taking place in person at three locations from June 10-15, 2024, held in partnership with Memorial University, the University of the Western Cape, McMaster University, the Coady Institute, Federal University of Minas Gerais, Innovation for Policy Foundation, Missions Publiques, and Democracy International. Deadline: none given (posted 2/27/2024)

Zotero Workshops :  Attend a Zotero class to learn how to easily save references, organize PDFs, create in-text citations & footnotes, and create bibliographies automatically. 

MATLAB Boot Camp : The primary objective is to familiarize students with the MATLAB computational environment.  This boot camp does not suppose any prior experience with MATLAB or computation.

• Python Boot Camp : The Python Boot Camp is designed to provide an introduction to coding in Python. It assumes zero prior knowledge of Python or programming in general.

Qualitative Research Workshops : Harvard Library workshops for students interested in using qualitative data and doing interview-based research.

The Harvard Undergraduate Economics Association : HUEA is a forum for all students concentrating or interested in economics providing academic, professional, and social support through student mixers and intercollegiate networking events, career and internship panels, and topical discussions with faculty and professional economists. 

• Harvard Undergrads for Inclusion in Economics (HUIE) works directly with the Harvard Economics Department to create a more diverse and inclusive community within the field.  Join the club to help foster a supportive Economics community, learn more about research in Economics, and/or sign-up for their peer mentorship program. You can also follow HUIE on Twitter.  
• Interested in Study Abroad ? Meet with Office of International Education (OIE) staff and student advisers during drop-ins Monday-Thursdays, 2-4pm to chat about the vast range of academic opportunities.
• Sophomores interested in spending junior spring at Oxford or Cambridge, applications are due in January and February. View an Oxford Visiting Student panel recording to learn more!
• Enjoy coffee on the OIE with one of your fellow Economics concentrators, Kate Downey and Dan Contreras , or any of the OIE Student Adviser team members! Reach out to schedule a time to connect.
• It’s never too early to start planning. Summer and fall term applications are due in early spring and spring term applications are due in early fall.
• Hear from fellow Economics Concentrators who are willing to share their study abroad experiences with you.
• Follow the Instagram stories of students abroad this term at HarvardOIE !
• Feel free to reach out to the OIE team ( [email protected] ) and Nicole Garcia ( [email protected] ) with any questions or concerns.  

Harvard Community Bus Trips to the Forest : Harvard students, faculty, fellows, and staff may sign up for one of several free monthly bus trips to visit Harvard Forest, located 70 miles west of Harvard Square. Trips will be geared towards undergraduate and graduate students; faculty, fellows, and staff are also welcome to sign up at no cost. Registration is first come first served. 

Interested in Development?  Kiran Gajwani, part of our Ec Advising Team, is starting a casual discussion group for undergrads interested in issues facing lower-income countries.  Kiran is a development economist and hopes to use this group to foster connections between development-interested students within the economics concentration and across the College more broadly.  If you're interested, please fill out this super quick form! https://forms.gle/E9UpuHniH4qcJmNL7

Big Brothers Big Sisters : Big Brothers Big Sisters of Eastern Massachusetts seeks volunteers for their site based mentoring program. Volunteer a few hours a month on campus, at a local school, or out in the community. Deadline: none given (posted 9/20/2022)

HUIE Mentorship Program : Harvard Undergraduates for Inclusion in Economics (HUIE) invites you to participate in our mentorship program! You will get personal mentorship from an upperclassman/woman/person or a graduate student about concentrating and/or finding a career in economics.

Journal Calls for Undergrad Papers :

none at this time

Harvard Prize Office Prize Descriptions , for student achievements (esp. great for thesis writers: if you need to send thesis comments, contact [email protected] )

• Brevia , Harvard College Undergraduate Research Associate Publication, holds competitions, interviews, and writing submissions throughout the year.  
• Econ RA Guide:   Offers a community resource based off of current and former RAs in Economics.  

Master of Health Science (MHS) in Global Health Economics

Ph.D. in Demography from the University of Pennsylvania

MSPH in Health Systems and MHS in Global Health Economics at Johns Hopkins

PhD in Insurance Economics and Actuarial Analytics at University of Wisconsin School of Business

Ph.D. in Population Studies or Population Studies and Social Policy at the Office of Population Research (OPR) in Princeton University

PhD in Political Economy at the University of Chicago

MIT Sloan Master of Business Administration

Dual Masters in Applied Economics (CUHK) and Social and Economic Policy (Northwestern) : Jointly developed by the Department of Economics at the Chinese University of Hong Kong and the School of Education and Social Policy at Northwestern University

Teaching and Teacher Leadership :  The Teaching and Teacher Leadership (TTL) master’s program at the Harvard Graduate School of Education (HGSE) applications are now open.

PhD or MS degree at Michigan State University : Interested students will join a transdisciplinary and multi-institutional USDA-funded research project and pursue a PhD or MS degree at Michigan State University. This project will investigate the complex interactions and cumulative impacts of multiple shocks on the resilience and sustainability of agri-food systems in the U.S. Midwest and beyond.

MSc in Applied Economics , Nanyang Technological University (NTU Singapore)

Master of Research in Economics , European University Institute

• MS program in Quantitative Economics at New York University : A new MS program to be offered jointly by the Economics Departments and the Stern School of Business. 
• Columbia Business School: Online classes in business
• Barcelona Graduate School of Economics
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Description

The Kenneth C. Griffin Department of Economics at the University of Chicago invites applications for an Instructional Professor (at rank Assistant, Associate or Full) position with expertise in macroeconomics, finance, and their applied fields. This is a full-time, career-track teaching position to begin on or after July 1, 2024. The Instructional Professor will teach up to six courses in the undergraduate and master’s curriculum. In addition to teaching, the candidate will advise and mentor undergraduate students, organize student activities, advise and mentor MA students, and contribute to recruitment and admissions of MA students. The terms and conditions of employment for this position are covered by a collective bargaining agreement between the Service Employees Union (SEIU) and the University.

Qualifications

Applicants must have a Ph.D. in Economics and a record of teaching courses in applied economics, particularly pertaining to macroeconomics and/or finance with an emphasis on practical applications of the tools taught in these courses. Consideration for the hiring level will be granted conditional on professional qualifications.  The successful applicant will have outstanding in-person, written, and virtual communication skills and the ability to teach audiences with diverse backgrounds and with varying levels of knowledge about economics.

Application Instructions

Applicants must apply online at the University of Chicago’s Interfolio academic job board at:  http://apply.interfolio.com/139706 . Applicants are required to submit; 1) curriculum vitae, 2) teaching statement, 3) student evaluations, 4) two published or unpublished research papers, and 5) three letters of recommendation.

Review of applications will begin on January 26, 2024 and will continue until the position is filled or the search has ended.

Equal Opportunity Statement

All University departments and institutes are charged with building a faculty from a diversity of backgrounds and with diverse viewpoints; with cultivating an inclusive community that values freedom of expression; and with welcoming and supporting all their members.

We seek a diverse pool of applicants who wish to join an academic community that places the highest value on rigorous inquiry and encourages diverse perspectives, experiences, groups of individuals, and ideas to inform and stimulate intellectual challenge, engagement, and exchange. The University’s Statements on Diversity are at https://provost.uchicago.edu/statements-diversity .

The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, national or ethnic origin, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination ( https://www.uchicago.edu/about/non_discrimination_statement/ ).

Job seekers in need of a reasonable accommodation to complete the application process should call 773-834-3988 or email [email protected]  with their request.

The Kenneth C. Griffin Department of Economics at the University of Chicago invites applications for tenure-track faculty positions in Economics at the Professor level to begin in the 2024-25 academic year.  Applicants in all fields of Economics will be considered.

Applicants must apply online at the University of Chicago’s Academic Recruitment job board at: http://apply.interfolio.com/134345 . Applications are required to include a curriculum vitae, research statement and teaching statement.  Review of applications will begin on November 15, 2023 and will continue until June 30, 2024, or until the position is filled.  

We seek a diverse pool of applicants who wish to join an academic community that places the highest value on rigorous inquiry and encourages diverse perspectives, experiences, groups of individuals, and ideas to inform and stimulate intellectual challenge, engagement, and exchange. The University’s Statements on Diversity are at https://provost.uchicago.edu/statements-diversity (https://provost.uchicago.edu/statements-diversity).

The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, national or ethnic origin, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination (https://www.uchicago.edu/about/non_discrimination_statement/).

Job seekers in need of a reasonable accommodation to complete the application process should call 773-834-3988 or email [email protected] (mailto:[email protected]) with their request.

The Kenneth C. Griffin Department of Economics at the University of Chicago invites applications for tenure-track faculty positions in Economics at the Associate Professor level to begin in the 2024-25 academic year.  Applicants in all fields of Economics will be considered .

Applicants must apply online at the University of Chicago’s Academic Recruitment job board at:  http://apply.interfolio.com/129767 . Applications are required to include a curriculum vitae, research statement, and teaching statement. Review of applications will begin on September 15, 2023 and will continue until June 30, 2024, or until the position is filled. 

We seek a diverse pool of applicants who wish to join an academic community that places the highest value on rigorous inquiry and encourages diverse perspectives, experiences, groups of individuals, and ideas to inform and stimulate intellectual challenge, engagement, and exchange. The University’s Statements on Diversity are at  https://provost.uchicago.edu/statements-diversity .

The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national or ethnic origin, age, status as an individual with a disability, protected veteran status, genetic information, or other protected classes under the law. For additional information please see the University's  Notice of Nondiscrimination .

Job seekers in need of a reasonable accommodation to complete the application process should call 773-834-3988 or email  [email protected]  with their request.

The Kenneth C. Griffin Department of Economics at the University of Chicago invites applications for tenure-track faculty positions in Economics at the Assistant Professor level to begin in the 2024-25 academic year.  Applicants in all fields of Economics will be considered .  

Qualified applicants will have a Ph.D. in Economics before starting the position of Assistant Professor.

Applicants must apply online at the University of Chicago’s Academic Recruitment job board at: http://apply.interfolio.com/129341 . Applications are required to include a curriculum vitae, teaching statement, research statement, student evaluations, three letters of recommendation and a job market paper.  Additionally, applicants are strongly encouraged to submit published or unpublished research papers. 

Review of applications will begin on September 15, 2023 and will continue until June 30, 2024, or until the position is filled.  Only short-listed candidates will be contacted. 

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Ph.D Economics Jobs, Scope, Salary in India

Updated on - Jan 4, 2023

PhD Economics jobs for graduates are available at a variety of job-related consultancies, both public and private. These are some of the fields to which students can apply for jobs after PhD in Economics are coaching centers, economics consultancies, economics departments, home tuitions, museums, private tuitions, publishing houses, research and development agencies, and schools. Jobs for Economics PhD holders include Auditor, Stock Broker, Media Analyst, Actuarial, Lecturer or Professor, Banker, Economists, Geographer, Econometricians, Public Relations Officer, and Industrial Organization Economists. 

Career Prospects and Job Scope for PhD Economics Course 

The PhD in Economics course can prepare students for jobs after PhD in Economics in a variety of research and development agencies and schools. Research and development jobs in the field of Economics in India have a vast scope and are expected to increase rapidly. Graduates of the PhD Economics program acquire skills and qualifications that can be applied to their careers as economic scientists.

Following completion of a Doctorate of Philosophy in Economics program in India, students may choose from a variety of specializations, depending on their interests and abilities. PhD in Economics scope and salary in India vary depending on the education and experience of the students. A wide variety of career paths is available to graduates of the PhD program in Economics.Career after PhD in Economics are as follows: 

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

Areas of Recruitment for PhD Economics Course 

There are many jobs after PhD in Economics that are available in both the public and private sectors. Graduates’ education and experience determine the scope of PhD in Economics and salary. The options available to students who are pursuing a PhD Economics degree are many. 

Advances in economics consultancies have increased the scope after completing a PhD Economics course in recent years. The student will gain a great deal of consultancy experience and knowledge, which will help him or her gain a competitive salary. The following are some areas in which PhD in Economics are recruited: 

• Coaching Centres
• Economics Consultancies
• Economics Department
• Home Tuitions
• Private Tuitions
• Publishing Houses
• Research and Development Agencies
• Applied Economics
• Econometrics
• Business Economics
• Banking and Finance
• Insurance Investment
• Manufacturing
• Advertising
• Communication
• Education and Research
• System Analysis

Salary Packages for PhD Economics Course 

According to PayScale, PhD in Economics salary in India is INR 3-10 LPA. PhD Economics jobs salary is determined by education and experience. Graduates of the PhD Economics salary in India moderate compared to students with experience.

The following are the PhD Economics starting salaries in India with job designations: 

Source: PayScale

Government Jobs for PhD Economics Graduates

PhD graduates in Economics can choose from a wide variety of government jobs. Government jobs after PhD in Economics are bankers, Economists, geographers, Econometricians, Public Relations Officer, Industrial Organization Economists, Political Scientists, Consultants, Financial Consultants in economic consultancies, publishing houses, or PSUs.

PhD Economics graduates typically undergo a test followed by an interview when applying for government jobs. The PhD in Economics salary in India is around INR 2-10 LPA (Source: Ambitionbox). Below is a list of government jobs after PhD in Economics salary:

Source: AmbitionBox

Private Jobs for PhD Economics Graduates 

Doctoral graduates in Economics can find employment in a variety of fields in the private sector. PhD in Economics jobs in India include Auditor, Stock Broker, Media Analyst, Actuarial, Lecturer or Professor, Banker, Economists, Geographer, Econometricians, Public Relations Officer, Industrial Organization Economists, Political Scientists, Consultant, Financial Consultant, Advisor, and Accountant.

After they have completed the course, students can continue their studies or begin careers. PhD in Economics salary in India ranges from INR 2-5 LPA (Source: PayScale). PhD in Economics salary and jobs for freshers in India are as follows:

Job Opportunities Abroad for PhD Economics Graduates 

Students with a PhD in Economics can find employment abroad. The PhD Economics jobs salary is of interest to many students because they will learn numerous methods and techniques that can be applied to the Economics field abroad. Many graduates of top economic agencies are given the opportunity to work abroad. Graduating students working in the private sector will gain valuable experience and skills that will help advance their careers abroad.

PhD Economics graduates can obtain jobs abroad as Auditor, Stock Broker, Media Analyst, Actuarial, Lecturer or Professor, Banker, Economists, Geographer, Econometricians, Public Relations Officer, Industrial Organization Economists, Political Scientists, Consultant, Financial Consultant, Advisor, and Accountant.

Top Companies 

Graduates of PhD Economics programs are hired by the following top companies: 

• Future Group
• Goldman Sachs
• Grasim Honda Two Wheelers
• LTLT Engineering and Construction
• Mahindra Engineering
• Reliance Industries Limited

Best Countries 

Here are some of the best countries that hire PhD Economics graduates: 

• Netherlands
• Switzerland

Various Career Designations Abroad for PhD Economics Graduates 

Graduates of PhD Economics programs can find the following positions abroad: 

• Stock Broker
• Media Analyst
• Lecturer or Professor
• Econometricians
• Public Relations Officer
• Industrial Organization Economists

Best PhD Economics Graduates 

Graduates of PhD programs in Economics have a wide range of career options. Political scientists interested in careers in the field will find the PhD course valuable. Students enrolled in doctorate PhD courses in Economics have increased in the past several years, while students enrolled in courses related to economics have decreased. PhD graduates in Economics in India are usually employed by economic consultancies or research institutes. The following is a list of some of the best graduates of PhD Economics programs: 

• Abhijit Banerjee
• Amartya Sen
• Amiya Kumar Bagchi
• Ardeshir Darabshaw Shroff
• Arvind Panagariya
• Avinash Dixit
• Bibek Debroy
• C. Kumarappa

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