Ph.D - Economics
Overview:
The full form of PhD in Economics is Doctor of Philosophy in Economics. It is a 3–6 year doctoral course. A PhD in Economics typically focuses on developing expertise in economic theory, quantitative methods, research skills, and the ability to contribute original knowledge to the field through a doctoral dissertation.
The admission into this course is done after students clear an entrance exam, followed by a group discussion and personal interview. PhD in Economics entrance exam includes GATE, UGC NET, GRE, and JCECE. The eligibility into PhD in Economics is that a student must have earned at least 55% on their master's in economics or a related field from a recognized university.
PhD in Economics syllabus includes topics on Agricultural Economics, Financial Economics, International Economics, and more.
PhD in Economics jobs include University Professor, Research Economist, Policy Analyst, Economic Consultant, Financial Economist, International Economist, Environmental Economist and Development Economist. PhD in Economics salary ranges from INR 2 – 10 LPA.
Some of the top recruiters for this course are Google, Microsoft, TATA, Infosys, Wipro, IBM, Amazon, Apple etc.
Some Highlights of Ph.D Economics:
| Name Of The Course | Ph.D Economics |
| Full Form | Doctorate of Philosophy in Economics |
| Level | Doctorate |
| Duration | 3 to 5 years |
| Eligibility | Post-graduation in Economics |
| Admission Procedure | Merit or Entrance based |
| Entrance Exams | UGC NET, GATE |
| Average Course Fees | ₹ 30 K To ₹ 6.5 L |
| Average Annual Salary | ₹ 2.0 LPA To ₹ 1.0 LPA |
| Job Profiles/Roles | Analyst, Research Assistant, Assistant Professor, Post Graduate Teacher, Economist |
| Top Recruiters | KPMG, The Economist, World Bank, IMF, CRISIL |
Top Colleges Offering Ph.D Economics:
- Indian Institute of Technology
- Indian Statistical Institute
- Loyola College
- Indian Institute of Management
- Lovely Professional University
- School of Management, BML Munjal University
- Fergusson College
- IFMR - Institute for Financial Management and Research
- Mizoram University
- Madras Christian College
- Amity University
- Shri Ramswaroop Memorial University
- AISECT University
- Santosh University
Why Choose Ph.D Economics:
- Economics Competence: By earning a PhD in Economics, one can become proficient and knowledgeable in economic theory, quantitative methods, and empirical analysis.
- Knowledge Contribution: PhD in Economics candidates can contribute new perspectives and information to the field of economics as each dissertation is on a new topic.
- Research-Oriented Careers: A PhD is frequently required for positions in academia as university professors or researchers. It enables people to instruct and guide the upcoming generation of economists, as well as open doors to important organizations.
Admission Procedure For Ph.D Economics:
- In the majority of India's leading universities, admission to Ph.D - Economics programmes is dependent on national or state-level entrance exams. At the same time, some other institutes and universities perform merit-based evaluations for PhD admissions.
- Personal interviews performed by the respective department teachers of the institutions are frequently undertaken prior to admission to this programme.
Eligibility For Ph.D Economics:
- For admission into the course, students must meet the PhD in Economics eligibility requirements set by the university/college offering the course in order to be admitted to the course. There is no age limit for those interested in a PhD in Economics course.
- Students applying to the PhD Economics program are required to take an entrance exam, and some colleges also administer tests. Additionally, students must pass an entrance exam at the college level or at the national level in order to apply for the course.
Career Opportunities For Ph.D Economics:
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.
Jobs Opportunities After Ph.D Economics:
- Lecturer/Professor
- Banker
- Economists
- Geographer
- Econometricians
- Public Relations Officer
- Industrial organization economists
- Political Scientists
Top Recruiters of Ph.D Economics:
- Bharat Petroleum Corporation Limited
- Future Group
- Grasim Honda Two Wheelers
- Bank of India, bharat forge
- Microsoft
- BSNL
- Mahindra Engineering
- Flipkart
- Cognizant
- Infosys
- Reliance Industries Limited
- Reliance
- JCB
- Tata Power
Syllabus For Ph.D Economics:
Semester I
International Trade and Development
Poverty and Inequality
Rural Development
Urbanization and Development
Labour and Migration
Semester II
Economics of the Computer and Information Science
Health and Education
Environment and Development
Governance and the Political Economy of Development
International Macroeconomics
Semester III
Industrial Economics
Political Economy of Development
Overview of Financial Markets
Modeling the Behaviour with Financial Markets
Trading Strategies in Financial Markets
Semester IV
Interest Rate Derivative
Role of Financial Intermediaries
Macro-Economics Consequences of Financial Imperfections
Advanced Economic Theory
International Trade and Finance
Semester V
Economics of Planning
Public Finance
Theory of Economic Growth and Technical Progress
Development of Economics
Agrarian Development
Semester VI
Welfare Economics
Economics of Education and Development
Economics of Energy
Thesis Presentation
Comprehensive Viva Voice