Ph.D. in Economics: Course, Fees, Admission 2025, Syllabus, Entrance Exam, Top Colleges, Salary
PhD in Economics is a doctoral course. Economics is the study of how society uses its finite resources. It is the study of patterns in this production and consumption to make predictions and assumptions about future trends and practices. A PhD is the highest academic qualification that can be acquired by a student. The term PhD stands for Doctor of Philosophy. A PhD grants the students a license to carry out independent research work or pursue a career in academia. There is no fixed duration to complete a PhD. The PhD course duration can range from 3 years to 6 years.
The PhD Economics eligibility criteria requires candidates who have completed their Master's degree. Students who have completed a 4-year Bachelor's degree (including 1 year of research) are also eligible to pursue PhD in Economics if they appear for UGC NET exam. While some institutes allow students from all disciplines to pursue PhD economics, many universities require candidates who have completed their degree in Economics or a related subject.
PhD Economics students can also specialize in a particular branch of economics like Macroeconomics, Microeconomics, International Economics, and Business Economics, etc.
Popular entrance exams through which students can enroll in universities include UGC NET, CSIR NET, GATE, IIFT, etc. Top universities for PhD Economics courses are Jamia Millia Islamia, Loyola College, LM Thapar School of Management, Amity University, Noida, Lovely Professional University, S.S. Jain Subodh PG College, etc. The average fees for a PhD Economics course is in the range of INR 15,000 to INR 1.5 Lakh, depending on the institution.
There is a vast career scope after completing PhD in Economics. Students can work in job profiles like Professor, Financial Analyst, Investment Banker, Policy Analyst, Business Strategist, etc. The average salary after a PhD in Economics can range from INR 8 LPA to INR 15 LPA. The salary grows with experience in the industry.
- PhD in Economics Course Highlights
- Why Pursue PhD in Economics?
- PhD in Economics Eligibility Criteria
- PhD in Economics Courses Admission Process 2025
- PhD in Economics Entrance Exams 2025
- Types of PhD Economics Courses
- PhD in Economics Syllabus
- Best Colleges Offering PhD in Economics
- 8.1 Best Government Colleges for PhD in Economics
- 8.2 Best Private Colleges for PhD in Economics
- PhD in Economics Career: Job Profiles, Salary and Top Recruiters
- 9.1 Top PhD in Economics Job Profiles
- 9.2 PhD in Economics Top Recruiters
- PhD Economics FAQs: 2024
PhD in Economics Course Highlights
The table below presents some of the important details related to PhD in Economics such as PhD in Economics full form, PhD in Economics course level, PhD in Economics duration, Top PhD in Economics entrance exams, PhD in Economics fees, PhD in Economics average salary, PhD in Economics recruiters, PhD in Economics job profiles and PhD in Economics colleges:
| Particulars |
Details |
|---|---|
| Course Name |
PhD in Economics |
| PhD in Economics Full Form |
Doctor of Philosophy in Economics |
| PhD in Economics Course level |
Doctorate |
| PhD in Economics Duration |
3 years – 5 years |
| Top PhD in Economics Entrance Exams |
|
| PhD in Economics Fees |
INR 15,000 to INR 1.5 Lakh |
| PhD in Economics Average Salary |
INR 8 LPA to INR 15 LPA |
| Top PhD in Economics Recruiters |
KPMG, The Economist, World Bank, IMF, CRISIL |
| PhD in Economics Job Profiles |
Professor, Financial Analyst, Investment Banker, Policy Analyst, Business Strategist, etc. |
| PhD in Economics Colleges |
Amity University, Lovely Professional University, and Jamia Millia Islamia |
Quick Links Related to PhD in Economics Course:
Q: What is economics all about?
Why Pursue PhD in Economics?
Economics is one of the most sought-after courses. There are several reasons why candidates should choose to pursue a PhD Economics course. Some of these reasons have been listed below:
- A PhD degree in economics opens up many job opportunities in the business, corporate, and government sectors.
- The study of economics is directly applicable to the real world. A PhD in Economics will help the student navigate their own finances and they will learn to manage it.
- All MNCs and bigger companies hire candidates with an in-depth knowledge of Economics, to predict the market and help the company grow efficiently. These companies offer high salaries and other perks in return for their service.
- Candidates who have completed PhD Economics can serve the nation through service as policy-makers, financial analysts, economic advisors, etc. for the government.
- Economics skills apply across industries and roles. PhD Economics graduates are also hired by public and private banks and other commercial companies.
- A PhD enhances one's career prospects and serves as a gateway to a career in academia.
Q: What is the scope of agricultural economics?
Q: Who can pursue Economics courses?
Anyone who wishes to pursue a promising career in academics or economic policy-making or the banking industry can pursue Economics.Those candidates who have pursued Mathematics are favoured for UG courses in Economics since Statistics is one of the major subjects offered both in UG and PG courses in Economics.Many candidates also aspire to join government services through UPSC CSE, or State PSCs or UPSC IES and Economics is a popular optional subject in these examinations. Students who possess Research, Analytical, and Statistical skills can be admitted to Economics courses.
PhD in Economics Eligibility Criteria
The eligibility criteria for PhD in Economics are prescribed by colleges offering the degree. Some colleges allow candidates who have completed a master's degree with Economics as a specialization. However, some other colleges may allow master's degree holders in any discipline. The candidates in the final year of their master's degree as well as those who have completed the course are eligible to apply.
Recently, students who have completed a 4-year Bachelor's degree have also been allowed to get admission to the PhD program if they appear for UGC NET. The entrance exam conducting bodies may also impose some additional criteria. Here are some points related to PhD in Economics eligibility:
| Criteria | Requirements |
|---|---|
| Academic Qualification |
Bachelor's degree (4 years, including 1 year of research) in Economics or a relevant field from a recognized university or
Master's degree in Economics or a relevant field from a recognized university.
|
| Minimum Marks |
Minimum 55% marks (or equivalent CGPA) in the Master's degree.
|
| Entrance Exams |
Many universities require a valid score in national or university-level entrance exams like
UGC NET, CSIR NET, and GATE.
|
| Research Proposal |
Some institutions may require a research proposal outlining the intended research topic.
|
| Interview |
Shortlisted candidates often undergo an interview to assess their research aptitude and suitability for the program.
|
| Age Limit |
No prescribed age limit. |
Courses Related to PhD Economics:
Q: Can I do Ph.D. in economics after MBA in finance.
Q: What are the career options in economics?
PhD in Economics Courses Admission Process 2025
To secure admission to PhD Economics, aspirants need to go through the steps mentioned below:
Step 1: Visit the official website of the educational institute and go through all the details of the PhD Economics course offered by the institute. Select the area of research that the candidate wants to pursue.
Step 2: Candidates need to keep an eye out for any admission notifications on the official website of the university to fill out the application form for admission to the course of their choice. Usually, the admission notification is released 4-5 months before the commencement of the new batch for the course.
Step 3: Next, candidates need to fill out and submit their application forms for the PhD Economics course as per the schedule shared by the educational institute. Aspirants also need to ensure that they pay the application fee on time and submit all the required documents along with their application form and accepted entrance exam scores for PhD Economics admissions.
Step 4: Some educational institutes also specify that candidates need to submit a research proposal along with their application form. The application form along with the research proposal is submitted to the Research Unit of the educational institute where scrutiny of the application is conducted.
Step 5: After scrutiny of the PhD Economics course application form is complete, most educational institutes shortlist the names of the candidates who need to appear for the entrance exam and other admission rounds that are conducted for shortlisting aspirants for admission in PhD Economics programs offered by them.
Step 6: Candidates who are selected for PhD Economics programs based on the admission rounds are then assigned supervisors/ guides for their PhD research and they can begin their academic journey.
PhD Economics Information You Can Also Read:
Q: Can I get admission to PhD courses through the GATE exam?
Yes, Candidates with a valid GATE score can get direct admission to Doctoral programs in relevant branches of Engineering/ Technology/ Science/ Architecture/ Humanities, in the institutions supported by the MoE and other Government agencies.
Financial Assistance given for Ph.D. programs (Direct Ph.D. after B.E./B.Tech/M.Sc equivalent with a valid GATE score) is Rs. 37,000 per month for the first two years and Rs. 42,000 per month from the third to the fifth year.
Q: What is the scope after qualifying UGC NET?
The UGC NET exam is taken for the candidates who are interested in PhD research and teaching as Assistant professor in colleges and univeristies of India. However, there are other career opportunities other than being Assisatnt Professor or a Research Scholar. The candidates who qualified for the UGC NET exam can apploy for the PSUs (Public Sector Undertakings) such as Indian Oil Corporlation limited (IOCL), Bharat Heavy Electricals Limited (BHEL), National Thermal Power Corporation Limited (NTPC), Oil and Natural Gas Corportaion (ONGC), etc.
The candidates who do not want to join any PSU can take up other options like online tutor, open their own coaching centres, guest faculty, consultant, Lab Trainer, IP lead, Author, Editor, Transmission Executive, Program Executive, etc.
For conclusion we can say that the candidates qualifying for the UGC NET exam can take up any job they want or start their ow business after clearing one of the most the toughest exams in India.
Q: What are the benefits of qualifying CSIR NET?
There are many benefits of qualifying for CSIR NET, some of which are mentioned below;
1- You can get a CSIR NET JRF fellowship/Ph.D. Fellowship of INR 31,000 per month for 2 years as JRF followed by an INR 35,000 per month fellowship for 3 additional years.
2- Get opportunities to work in top Research Laboratories in positions like Junior Research Fellowship, Senior Research Fellowship, Project Associate, Research Associate, Project Fellow, and Senior Project Fellow are positions which you can apply for.
3-Numerous Public sectors companies like Indian Oil, Hindustan Petroleum, and ONGC, hire CSIR NET and GATE qualified every year for various posts with an average salary from INR 40,000 to INR 80,000 per month.
4- You can get an opportunities to join a top university as an Assistant Professor or guest lecturer.
5- CSIR NET qualification increases your CV Weightage/Helps in getting higher preferences in getting jobs.
PhD in Economics Entrance Exams 2025
The admission to PhD in Economics program is usually offered through entrance exams followed by further rounds of selection. The GATE exam is conducted once a year whereas UGC NET Exam is conducted twice a year, once in June and once in December. These exams do not have any upper age limit.
The table given below presents some of the national-level entrance exams conducted in India for admission into PhD in Economics program:
| PhD Economics Entrance Exam |
Entrance Exam Dates |
Entrance Exam Schedule |
|---|---|---|
| Graduate Aptitude Test in Engineering (GATE) |
February 1 to February 16, 2025 | |
| University Grants Commission National Eligibility Test (UGC NET) |
January 1 to January 19, 2025 | |
| CSIR NET |
February 16 to February 28, 2025 |
Relevant Articles:
Important Exam Dates
| Dates | Upcoming Exam Dates |
|---|---|
10 Nov '24 - 08 Apr '25 | KIITEE 2025 application form phase 1 ONGOING |
Dec '24 - May '25 | NMIMS NPAT Registration Window TENTATIVE |
Jan '25 - May '25 | NPAT Exam Dates TENTATIVE |
06 Jan '25 - 10 Jan '25 | ICAR JRF SRF 2024 Counselling: Online Registration, Fee, |
Jan '25 | TIFR GS Final Answer TENTATIVE |
Feb '25 - Mar '25 | PUBDET 2025 Applications TENTATIVE |
Feb '25 - Mar '25 | JMI Entrance Exam 2025 Applications Open TENTATIVE |
| Dates | Past Exam Dates |
14 Dec '24 | TIFR GS 2025 Provisional Answer Key |
08 Dec '24 | TIFR GS 2025 Exam |
20 Oct '24 | TIFR GS 2025 Application deadline for completing REGISTRATION |
Q: What is the exam pattern of UGC NET?
According to the latest NTA UGC NET Exam Pattern exam consist 2 papers. Although, it will be conducted without any break in the fixed time duration of 3 hours, which means exam is conducted in single session. Exam is totally computer based. There is no negative marking so attempting all questions is compulsory. Both papers consist only MCQs. Paper 1 consist 50 questions of total 100 marks in an hour whereas paper 2 consists 100 questions of total 200 marks in 2 hours. Paper 2 is based on subject questions opted by the candidate. Paper 1 is totally based on teaching / research aptitude, reasoning ability, comprehension and general awareness. Hope the information helps.
Q: How many attempts are allowed in CSIR NET exam?
There is no limit on the number of attempts for the CSIR NET (Council of Scientific and Industrial Research National Eligibility Test) exam. A candidate can appear for the exam as many times as they wish, provided they fulfil the eligibility criteria. However, it's important to note that the validity of the CSIR NET scorecard is only for two years from the date of the result declaration.
Therefore, if a candidate wants to use their CSIR NET score for a Junior Research Fellowship (JRF) or lectureship, they must apply for these positions within the validity period of the scorecard. It's also important to note that the CSIR NET exam is conducted twice a year, usually in June and December. Therefore, the candidates have two opportunities each year to appear for the exam and improve their scores.
Q: How can I prepare for CSIR UGC NET Exam?
Preparing for the CSIR NET (Council of Scientific and Industrial Research National Eligibility Test) exam requires a systematic and focused approach. Here are some tips that can help you prepare for the CSIR NET 2024 exam: 1. Know the exam pattern and syllabus: It is important to understand the exam pattern and syllabus to know what to expect in the exam and prioritize your preparation accordingly. 2. Create a study plan: Create a study plan that covers all the topics in the syllabus and allows sufficient time for revision and practice. 3. Refer to standard textbooks: Refer to standard textbooks and study materials that cover all the topics in the syllabus. 4. Solve previous year question papers: Solve previous year question papers to understand the exam pattern and practice answering questions within the allotted time. 5. Practice mock tests: Take mock tests to simulate the exam environment and practice time management. 6. Focus on your weak areas: Identify your weak areas and focus on improving them through additional practice and revision. 7. Stay updated with Current Affairs Stay updated with the latest developments in your field of study and general knowledge. 8. Take breaks and maintain a healthy lifestyle: Take breaks at regular intervals, exercise regularly, and maintain a healthy lifestyle to stay focused and motivated. 9. Seek guidance from mentors and teachers: Seek guidance from mentors, teachers, or other experts in your field to clarify your doubts and get advice on exam preparation. Remember, consistent effort and dedication are key to success in any exam.
Q: What is GATE 2025 Exam structure?
GATE papers have three major sections; General Aptitude, Engineering Mathematics & Specific Subject. There are 65 questions asked for 100 marks in GATE exam.
General aptitude questions are asked for 15 marks, Engineering mathematics in some paper codes (Check GATE 2025 Exam pattern) for 13 marks and the rest 72 marks from the chosen subject.
In some paper codes engineering mathematics will be excluded only 15 marks general aptitude questions and rest 85 marks will be of chosen subject.
Q: What is the syllabus for GATE exam?
GATE Syllabus have 3 major sections namely General Aptitude, Engineering Mathematics, and Chosen subject.
GATE General aptitude syllabus is based on intermediate level general understanding to test aptitude of candidates. However, Engineering mathematics and chosen subject's syllabus will be of graduation level. A candidates must expect good undergraduate level question from the syllabus in the GATE exam.
The distribution of questions in all papers except AR, CY, EY, GG, MA, PH, XH, and XL, the marking distribution is as follows - General Aptitude (15), Engineering Mathematics (13 marks), and Subject-specific (72).
The distribution of questions in AR, CY, EY, GG, MA, PH, XH, and XL is as follows - General Aptitude (15) and Subject-specific (85).
Q: Can you suggest some good books for UGC NET economics?
Types of PhD Economics Courses
PhD Economics is a course that is available in various modes of education. One can opt for the mode based on their accessibility and preferences.
Given below are some types of PhD Economics course classified on the basis of their mode of education, along with a brief description:
| Types of PhD Economics Course |
Course Details |
|---|---|
| Full-Time PhD Economics |
A regular or full-time PhD Economics course is one of the most popular options opted by students. In this students attend the lectures and seminars in the college premises. It aids students in their holistic development. There is a lot of scope for extracurricular activities at the college or inter-college level. |
| Distance PhD Economics |
In the Distance mode of the PhD Economics course, the students do not attend regular college. They receive study materials and get access to the student portal. They would only have to appear in person for seminars and final examinations. |
| Online PhD Economics |
An Online PhD Economics Programme can be pursued by candidates who wish to pursue the course without attending regular college or appearing for offline exams. The admission process, lecture delivery, submission of assignments and semester exams are conducted online. |
Q: Can I do PhD in Economics through distance learning?
Yes, you can pursue PhD Economics in distance mode. There are over 100 colleges in India that offer the course in distance mode out of which 52 are government colleges, 42 are private-run and 39 are semi-government colleges. Most of these colleges accept UGC NET, CSIR NET and GATE exam score for admission to the course.
PhD in Economics Syllabus
The PhD in Economics course is concerned with gaining knowledge as well as creating new perspectives in the field of Economics. The PhD syllabus includes advanced topics of Economics such as Econometrics, Financial Economics and Development Economics. These subjects are covered extensively. The topics in these subjects are also aligned with the current developments in the field of Finance and Economics.
Given below are some of the main subjects that are covered in the PhD in Economics Syllabus offered in various government and private institutes:
| PhD in Economics Syllabus |
|
|---|---|
| Research Methodology in Economics |
Advanced Econometrics |
| Topics in Development Economics |
Advanced Economic Theory |
| Econometric Methods |
Topics in Financial Economics |
UGC NET Economics Syllabus
The curriculum for a Ph.D. in Economics is such that the first two years are primarily focused on the coursework and developing research plans. From the third year onwards, students do their research work and present their work at seminars. Also, students are trained to have teaching experience. Students indulge in activities that include teaching in colleges and institutes to gain experience. Through theory and rigorous analysis, students are actively engaged in active research work in applied microeconomic theory, political economy, behavioural economics, development economics, labour economics, health economics, public economics, and many more subjects.
| UGC NET SYLLABUS FOR ECONOMICS | |
|---|---|
| Microeconomics | |
| Theory of Consumer Behaviour | Theory of Production and Costs |
| Decision making under uncertainty Attitude towards Risk | Game Theory – Non-Cooperative games |
| Market Structures, competitive and non-competitive equilibria, and their efficiency properties | Factor Pricing |
| General Equilibrium Analysis | Efficiency Criteria: Pareto-Optimality, Kaldor – Hicks, and Wealth Maximisation |
| Welfare Economics: Fundamental Theorems, Social Welfare Function | Asymmetric Information: Adverse Selection and Moral Hazard |
| Macro Economics | |
| National Income: Concepts and Measurement | Determination of output and employment: a classical and Keynesian approach |
| Consumption Function | Investment Function |
| Multiplier and Accelerator | Demand for Money |
| Supply of Money | IS-LM Model Approach |
| Inflation and Phillips Curve Analysis | Business Cycles |
| Monetary and Fiscal Policy | Rational Expectation Hypothesis and its critique |
| Statistics and Econometrics | |
| Probability Theory: Concepts of probability, Distributions, Moments, and the Central Limit theorem | Descriptive Statistics – Measures of Central tendency & dispersion, Correlation, Index Numbers |
| Sampling Methods & Sampling Distribution | Statistical Inferences, Hypothesis testing |
| Linear Regression Models and their Properties (BLUE) | Identification Problem |
| Simultaneous Equation Models: Recursive and non-recursive | Discrete choice models |
| Time Series Analysis | |
| Mathematical Economics | |
| Sets, functions, continuity, sequence, and series | Differential Calculus and its Applications |
| Linear Algebra: Matrices, Vector Spaces | Static Optimisation Problems and their applications |
| Input-Output Model, Linear Programming | Difference and Differential equations with applications |
| International Economics | |
| International Trade: Basic Concepts and Analytical Tools | Theories of International Trade |
| International Trade under imperfect competition | Balance of Payments: Composition, Equilibrium and Disequilibrium and Adjustment Mechanisms |
| Exchange Rate: Concepts and Theories | Foreign Exchange Market and Arbitrage |
| Gains from Trade, Terms of Trade, Trade Multiplier | Tariff and Non-Tariff barriers to trade; Dumping |
| GATT, WTO, and Regional Trade Blocks; Trade Policy Issues | IMF & World Bank |
| Public Economics | |
| Market Failure and Remedial Measures: Asymmetric Information, Public Goods, Externality | Regulation of Market – Collusion and Consumers’ Welfare |
| Public Revenue: Tax & Non-Tax Revenue, Direct & Indirect Taxes | Progressive and non-Progressive Taxation, Incidence and Effects of Taxation |
| Public expenditure | Public Debt and its Management |
| Public Budget and Budget Multiplier | Fiscal Policy and its Implications |
| Money and Banking | |
| Components of Money Supply | Central Bank |
| Commercial Banking | Instruments and Workings of Monetary Policy |
| Non-banking Financial Institutions | Capital Market and Its Regulation |
| Growth and Development Economics | |
| Economic Growth and Economic Development | Theories of Economic Development: Adam Smith, Ricardo, Marx, Schumpeter, Rostow, Balanced & Unbalanced growth, Big Push approach. |
| Models of Economic Growth: Harrod-Domar, Solow, Robinson, and Kaldor | Technical progress: disembodied and embodied; endogenous growth |
| Indicators of Economic Development: PQLI, HDI, and SDGs | Poverty and Inequalities: Concepts and Measurement |
| Social Sector Development: Health, Education, and Gender | |
| Environmental Economics and Demography | |
| Environment as a Public Good | Market Failure |
| Coase Theorem | Cost-Benefit Analysis and Compensation Criteria |
| Valuation of Environmental Goods | Theories of Population |
| Concepts and Measures: Fertility, Morbidity, and Mortality | Age Structure, Demographic Dividend |
| Life Table | Migration |
| Indian Economy | |
| Economic Growth in India: Pattern and Structure | Agriculture: Pattern & Structure of Growth, Major Challenges, and Policy Responses |
| Industry: Pattern & Structure of Growth, Major Challenges, and Policy Responses | Services: Pattern & Structure of Growth, Major Challenges, and Policy Responses |
| Rural Development – Issues, Challenges & Policy Responses | Urban Development – Issues, Challenges, and Policy Responses. |
| Foreign Trade: Structure and Direction, BOP, Flow of Foreign Capital, Trade Policies | Infrastructure Development: Physical and Social; Public-Private Partnerships |
| Reforms in Land, Labour, and Capital Markets | Centre-State Financial Relations and Finance Commissions of India; FRBM |
| Poverty, Inequality & Unemployment | |
Best Colleges Offering PhD in Economics
There are more than 19,000 colleges offering PhD Economics course. The admission process, fee, entrance exams, course curriculum, etc., for these colleges vary according to their requirements. The candidates are advised to check if the colleges providing PhD in Economics are recognized by UGC and approved by AICTE.
Best Government Colleges for PhD in Economics
Many government colleges across India offer PhD in Economics. Candidates often prefer to pursue the course from reputed government colleges as they offer the course with an affordable fee structure and they have experienced and well-qualified faculty to guide PhD students. There are over 3,800 PhD in Economics government colleges. Tata Institute of Social Sciences, Indian Institute of Foreign Trade and Aligarh Muslim University are some government colleges offering PhD Economics course.
Given below are some of the top government colleges in India that offer PhD in Economics along with their respective total tuition fee for the course:
| PhD in Economics Government Colleges |
PhD in Economics Government College Fees (in INR) |
|---|---|
| 1.19 Lakh - 2.06 Lakh |
|
| 2.5 Lakh |
|
| 35,520 |
|
| 3,900 |
|
| 40,400 - 1.15 Lakh |
Best Private Colleges for PhD in Economics
The private colleges that offer PhD in Economics in India admit students through many entrance exams and also offer flexible eligibility criteria. These colleges are preferred by candidates due to their infrastructure and more student-friendly college policies. There are over 9,000 PhD Economics private colleges. Amity University, Ashoka University and Chandigarh University are some universities that offer PhD Economics courses.
Given below are some of the top private colleges in India that offer PhD in Economics along with their respective total tuition fee for the course:
| PhD in Economics Private Colleges |
PhD in Economics Private College Fees (in INR) |
|---|---|
| 3 Lakh - 13.2 Lakh |
|
| 75,000 |
|
| 4.2 Lakh |
|
| 3 Lakh - 7.2 Lakh |
|
| 92,000 |
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PhD in Economics Career: Job Profiles, Salary and Top Recruiters
Economics helps students gain a good knowledge of the Indian economy, agricultural economy and industrial economy. Students who want to make their career in the business, commerce and banking sectors can really do wonders with the help of the courses available in Economics. Securing a PhD in Economics enhances the job prospects of the candidate.
Top PhD in Economics Job Profiles
Candidates can pursue a wide range of job profiles after completing PhD in Economics in the government as well as the private sector. They can apply the knowledge of Economics in Businesses, Academia and MNCs.
The table given below presents some of the top job profiles that can be pursued by those who have completed PhD in Economics along with the average annual salary in India:
| Job Profiles |
Average Annual Salary (in INR) |
|---|---|
| Economist |
4-6 lakh |
| Lecturer |
5-7 lakh |
| Consultant |
4-6 lakh |
| Professor |
6-8 lakh |
| Advisor |
4-6 lakh |
| Management Consulting |
5-7 lakh |
| Accountant |
6-8 lakh |
| Investment Analysis |
7-9 lakh |
PhD in Economics Top Recruiters
Many government organizations and private companies hire candidates who have completed PhD in Economics in various job profiles in their organizations. The candidates can pursue Economics jobs in the private sector either through college campus placements or by applying on online job portals. Government organizations recruit workers through competitive exams conducted at the national level or state level.
Some of the top recruiters in the government and private sector that hire PhD in Economics graduates in India are as follows:
| Top Recruiters for PhD in 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 |
Q: Can candidates with a background in finance or economics apply for RBI Grade B directly?
Candidates from any discipline can apply for the RBI Grade B exam for the general post. Candidates applying for this post must possess a graduation degree in any discipline with a minimum of 60 percent marks or a postgraduate degree with a minimum of 55 percent marks. The degree must be obtained from a recognised Indian or foreign University or institute.
PhD Economics FAQs: 2024
Here are some Frequently Asked Questions (FAQs) related to PhD Economics:
Q: Why economics is called the Science of Choice?
Economics is a social science as it explains how our individual choices effect society by using a price mechanism. As consumers we like cheap prices, because we can buy more things that we like. And we decide on what we buy by looking at the prices and seeing what products we want. When given a price an individual is given the choice to buy or not, it is their decision to make. Economics studies the variables that effect the decision of multiple individuals. This includes the price and the alternative products available to buy. If there aren't any choices to make then we all do the same thing and there are no decisions to study and no need for economics.
Popular Ph.D. in Economics Specializations
Popular Specializations
- English
4 Colleges
- Public Policy
4 Colleges
- Hindi
3 Colleges
News & Updates
Student Forum
Anything you would want to ask experts?Answered 2 days ago
With 150+ faculty strength, RERF has around 19 PhD holders as part of the faculty panel. Apart from this, faculty members have various other qualifications such as MA, MTech, MSc, MBA and others. These faculty members have been experts in their respective fields, providing industry-centric curriculu
J
Beginner-Level 4
Answered 2 days ago
Hi, here are some of the best Fashion Design college options in India you can pursue a PhD from:
| Fashion Design colleges | Tuition Fee |
|---|---|
| Amity School of Fashion Technology | INR 3 Lakh |
| Woxsen University | INR 50,000 |
| Lovely Professional University | INR 3 Lakh |
| Vellore Institute of Technology - Chennai | INR 1 Lakh |
| Manipal University Jaipur | INR 81,900 |
Note: The information is sourced from the official body of the institutes.
R
Beginner-Level 4
Answered 2 days ago
No, the Pharm D course is not equivalent to a PhD. PharmD is a professional doctoral degree focused on Pharmacy practice, patient care, and medication management, preparing graduates to work as clinical pharmacists. It involves clinical training and emphasizes practical skills for patient-centered h
K
Beginner-Level 5
Answered 2 days ago
DY Patil University pune offers
PHD programs in various fields includes management, architecture, engineering and technology.
Ph.D. in Architecture, Engineering & Technology
Ph.D. in Management and Entrepreneurship
Ph.D. in Management
Ph.D. in Medical College
A
Contributor-Level 6
Answered 2 days ago
After receiving an admission letter from a German university, Indian students should apply for a student visa (National Visa) at the German embassy or consulate in India. The visa application process can take 8 to 12 weeks, so it's advisable to start this as soon as you receive your acceptance.
R
Contributor-Level 10
Answered 2 days ago
There is no specific entrance exam is required to pursue a PhD in Germany. However, exceptionally well-qualified candidates with only a Bachelor's degree may need to pass an entrance examination to gain admission into fast-track programs. Proficiency in English (or German if required) must also be d
R
Contributor-Level 10
Answered 2 days ago
While specific CGPA requirements can vary by university and program, generally a good or very good degree (equivalent to at least 2.5 on the German grading scale) is expected.
R
Contributor-Level 10
Answered 2 days ago
The procedure to apply for PhD in Germany generally involves several steps:
- Identify a Research Topic: Decide on your area of research and find a professor who specializes in that field.
- Prepare Application Documents: This usually includes your CV, academic certificates, research proposal, and proof o
R
Contributor-Level 10
Answered 2 days ago
To apply for a PhD in Germany, you first need to find a suitable supervisor who is willing to guide your research. You can search for professors through university websites or academic networks. Once you have identified a potential supervisor, you will need to prepare your application, which typical
R
Contributor-Level 10
Answered 2 days ago
Both a PhD and an MBBS holder can be referred to as 'Doctor', but they have different roles and expertise.
An MBBS degree qualifies someone to practice medicine and treat patients as a medical doctor. They diagnose, prescribe treatments, and perform surgeries.
On the other hand, a PhD is awarded to
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Beginner-Level 5
Answered 4 days ago
Hi Harpuneet,
Here are some universities in Noida and Greater Noida West where you can pursue a Ph.D. in Physics:
Galgotia's University, Greater Noida
Offers a Ph.D. programme in Physics with a minimum duration of three years.Amity University, Noida
Provides a Ph.D. programme in Physics focusing on res
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Contributor-Level 9
Answered 4 days ago
Students seeking to pursue the PhD admission at Kaziranga University must satisfy the following eligibility criteria:
- A Master's degree with a minimum of 55% marks or is equivalent grade 'B' in the UGC 10-point scale OR a 4-year/8-semester Bachelor's Degree with a minimum of 75% marks or equivalent.
- C
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Beginner-Level 5
Answered 4 days ago
Yes, Kaziranga University indeed offers several PhD courses across multiple fields. Students fulfiling the eligibility can apply for the desired doctoral course by visiting the offiical websit of the university or via offline applications. Find below the list of Kaziranga University PhD courses:
- Comp
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Beginner-Level 5
Answered 5 days ago
Aspirants, to be eligible, must write GATE exam. However, for final selection, the institute conducts a college-level entrance and also conducts a Personal Interview round to shortlist students. In addition to this, candidates must have also completed their master's degree in Engineering/ Technology
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Contributor-Level 10
Answered 5 days ago
The institute offers PhD in Computer Science & Engineering (area of research includes Deep learning, Machine learning, Data Science, Parallel computing, Information security, IoT, Artificial intelligence, Computer networks, Wireless sensor networks, etc.) and Electronics & Communication Engineering
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Contributor-Level 10
Answered a week ago
Yes, you can typically base your Ph.D. topic choice on the NET (National Eligibility Test) subject you selected. You can pursue a Ph.D. in the field that corresponds with your NET qualification at the majority of universities and institutes. For example if you appeared for the NET in a specific subj
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Contributor-Level 10
Answered a week ago
The cost of Gokul Global University's PhD programme normally varies based on the field of study and discipline. For general categories, the average annual PhD fee is projected to be between 50,000 and 1,00,000. Tuition, registration fees, and other institutional costs like lab use, library access, a
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Contributor-Level 10
Answered a week ago
According to the present offerings, Jamia Millia Islamia (JMI) does not provide a dedicated horticulture course at the undergraduate or graduate level. To lay the groundwork for a career in horticultur JMI does offer a range of courses in related subjects like Agriculture Science Environmental Scien
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Contributor-Level 10
Answered a week ago
The ideal word limit of a PhD SOP is between 500 to 1000 words. Some universities also communicate through their official website about the ideal word count. Use concise and easy-to-read language to convey your ideas clearly. Also, avoid repetition. A well-structured SOP that is easy to understand w
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Beginner-Level 4
Answered a week ago
Your SOP in research should highlight your unique research viewpoint and inquisitiveness. In order to do this, concentrate on clearly stating your unique research interests, approaches, and possible contributions to your field. Emphasize any fresh perspectives or cutting-edge concepts you intend to
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Beginner-Level 4
Answered a week ago
We have listed below some crucial writing tips for creating a strong SOP for PhD:
- Be succinct and precise: Pay attention to important facets of your academic career and areas of interest in research.
- Exhibit drive and enthusiasm: Give a detailed explanation of your motivation for the PhD programme and
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Beginner-Level 4
Answered a week ago
Highlight your educational background, prior research experiences, and particular research interests in your SOP for PhD application. Also, emphasize any publications, projects, or collaborations that show you are up to speed for work leading to a doctorate.
Explain in detail your reasons for being i
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Beginner-Level 4
Answered a week ago
Senior Research Fellow (SRF): Rs 42,000 per month
Junior Research Fellow (JRF): Rs 37,000 per month
Research Associate (RA): Rs 58,000 per month for RA-I, Rs 61,000 per month for RA-II, and Rs 67,000 per month for RA-III
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Contributor-Level 6
Answered a week ago
Here are some deemed universities in India that offer PhD in Nursing programs.
Maharishi Markandeshwar Deemed to be University
Dr. D. Y. Patil Vidyapeeth
Sri Balaji Vidyapeeth
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Contributor-Level 6
Answered a week ago
Yes, you can pursue a PhD after completing your MSc Clinical Psychology. In India, many universities offer PhD programs in Psychology with a focus on Clinical Psychology or related fields. Admission typically requires a strong academic record, relevant research interests, and sometimes qualifying ex
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Beginner-Level 5
Answered a week ago
Yes, LM Thapar School of Management is a good college for PhD as the college as been accredited by NAAC with an A+ grade. The college offers 1 MBA, 2 PhD programmes, and 1 global exchange MSc in ICT (Computers and Information Systems Course). LM Thapar School of Management is mainly concerned with
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Beginner-Level 4
Answered a week ago
Several colleges in Kerala and Coimbatore, Tamil Nadu offer Computer Science programs at the level of Ph.D. There are various institutions offering computer Science at the level of PhD, such as in the Kerala University of Digital Sciences, Innovation and Technology, CUSAT; Amrita Vishwa Vidyapeetham
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Contributor-Level 7
Answered 2 weeks ago
The requirement for a Ph.D. in Epidemiology in India provides, among other things, a Master's degree in Epidemiology, Public Health or any related area. Every institute and university expects the prospective students to pass an entrance examination with an interview comes next. Programs are availabl
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Contributor-Level 10
Answered 2 weeks ago
Well, the answer to this question would differ from person to person. The people who have the fire in the belly to dig deep and dive into the ocean of research knowledge about oil and gas resources would love going for a PhD degree in Petroleum Engineering. The duration of the doctorate degree cours
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Contributor-Level 7
Answered 2 weeks ago
Yes, NLSIU Bangalore offers scholarships to PhD students to help students financially. The university aims to provide a better education to the students without any financial barrier. Below mentioned are the scholarships offered by NLSIU Bangalore for PhD courses:
- Dr N R Madhava Menon Scholarship (GE
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Contributor-Level 6
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