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 |
|---|---|
01 Feb '25 - 31 Mar '25 | IPU CET 2025 Application Form Availability ONGOING |
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 |
Mar '25 | IPU CET 2025 Release of Admit Card TENTATIVE |
06 Apr '25 | JEST 2025 Exam Date |
16 Apr '25 - 20 Apr '25 | KIITEE 2025 Phase I Exam Date |
| Dates | Past Exam Dates |
|---|---|
16 Jan '25 | JEST 2025 Application Window |
Jan '25 | TIFR GS Final Answer |
14 Dec '24 | TIFR GS 2025 Provisional Answer Key |
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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Popular Private Ph.D. in Economics Colleges in India
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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
5 Colleges
- Public Policy
4 Colleges
- Hindi
4 Colleges
Course Cutoffs
4
| College | 2022 | 2023 | 2024 |
|---|---|---|---|
| IIIT Allahabad - Indian Institute of Information Technology | – / – | 505 | – / – |
| UoH - University of Hyderabad | – / – | 412 | – / – |
News & Updates
Student Forum
Anything you would want to ask experts?Answered Yesterday
IIITM Gwalior offers PhD courses majorly in three disciplines i.e, Engineering, Management, and Applied Science. Moreover, within these broad fields, the institute provides PhD opportunities across various subjects and specialised sub-disciplines, catering to diverse research interests. Check out th
K
Contributor-Level 8
Answered Yesterday
Yes, IIITM Gwalior does offer PhD courses for the duration of three years. However, students have the leisure to complete their doctorate in 2 to 5 years. The institute offers PhD courses in three disciplines- Engineering, Management and Applied Science. The eligibility criteria to get admission int
I
Contributor-Level 8
Answered Yesterday
Following is the list of key reason why to study Ph.D in Finance:
Allows Research: PhD in Finance allows candidates to conduct rigorous academic research that can increase financial understanding by pursuing a Ph.D. in Finance.
Academics: Many people who pursue a PhD in Finance do so to become a part
M
Beginner-Level 5
Answered Yesterday
PhD which is also known as Doctor of Philosophy is a research degree pursued in furtherance of academic or research pursuits. PhD in Finance Course can be pursued in full-time or part-time modes, but it is not offered in distance mode. PhD in Finance is a professional degree that requires investment
A
Beginner-Level 5
Answered Yesterday
Typical duration of a home Science PHd is usually 3-5 years. Candidates who complete their master's degree in home Science from a recognised university are considered eligible to apply for a PhD in home science. After completing a PHd in Home science, candidates are offered a wide range of opportuni
A
Contributor-Level 8
Answered Yesterday
In order to go for a PHd in home science, you need to have a master's degree in home Science first. The minimum eligibilty criteria is to obtain a master's degree in home Science from a recognised university with a minimum aggregate of 50-60% (varies depending on the university you wish to enrol). C
A
Contributor-Level 8
Answered 2 days ago
Yes, GNA University does provide several PhD courses admission to which is subject to clearance of the preset eligibility. Find below the eligibility criteria for GNA University PhD admission:
- PG degree from a recognised university with a minimum aggregate of 55% (50% aggregate for those belonging to
U
Contributor-Level 6
Answered 2 days ago
A PhD involves in-depth research on a specific topic, culminating in a unique contribution to knowledge. It's not just about learning facts, but creating new ones. This involves:
- Extensive research: Reading, experimenting, and analyzing data.
- Developing original ideas: Formulating hypotheses and
A
Contributor-Level 6
Answered 3 days ago
Hello I hope you are doing fine
If you want to pursue PhD in pharmacology then you have so many options in India. In India there are so many prestigious and famous institutes and colleges or universities for PhD in pharmacology. Here is the list :
- Jamia Hamdard
- Delhi pharmaceutical Science and resear
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Contributor-Level 7
Answered 5 days ago
The ICFAI Business School, Hyderabad, offers the Ph.D. in one of the most competitive courses, as given below.
The eligibility criteria, along with the cutoff scores needed to join this course, are thus enumerated as follows:
Eligibility Criteria:
Educational Qualification:
Graduation: Any bachelor's d
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Contributor-Level 10
Answered 6 days ago
Yes, Dr DY Patil Dental College offers a PhD lasting three years. The dental college offers one specialisation under its PhD course, i.e. PhD in Dentistry. The course is offered in affiliation with Dr DY Patil Vidyapeeth. The affiliating university conducts an All India Entrance Test (AIET) and pers
H
Contributor-Level 10
Answered a week ago
Candidates must complete a master's degree in the subject concerned with at least 70% marks in aggregate or CGPA 7.0/10.0. There is relaxation of 5% in the aggregate for SC/ ST category candidates. Such aspirants need to complete their master's degree with at least 65% marks in aggregate or OGPA 6.5
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Contributor-Level 10
Answered a week ago
Students pursuing a PhD programme from Bihar Animal Sciences University and have a domicile of Bihar are eligible to get scholarship or a fellowship. Such students get a monthly scholarship/ fellowship of INR 12,000 for the period of three years.
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Contributor-Level 10
Answered a week ago
Yes, SPA Delhi offers scholarships for students who are pursuing a full-time PhD programme at the institute. These scholarships are offered to provide financial assistance to meritorious and deserving students. Moreover, as per the official brochure, various fellowships and contingency grants are al
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Contributor-Level 10
Answered a week ago
The application forms for SPA Delhi PhD courses are available throughout the year. Interested students must apply for the programme. Moreover, the applications received by the institute are processed twice a year at the start of either semester (January/July) of an academic session. Candidates seeki
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Contributor-Level 10
Answered a week ago
The total fee to pursue the SPA Delhi PhD programme is a composition of multiple elements. Some of the key fee components are the tuition fee, admission fee, caution fee, etc. Apart from these, students living in the institute's hostels must also pay the hostel fees. Tabulated below is the complete
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Contributor-Level 10
Answered a week ago
A PhD degree from SPA Delhi provides graduates with a broad career scope. PhD scholars can pursue different career paths, each with the potential for attractive earnings. Scholars can look out for jobs in the field of academia. Students can apply to work as a professor or researcher. Scholars can ex
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Contributor-Level 10
Answered a week ago
To know which college to choose, students can compare the options based on significant factors such as fees. To help, presented below is a comparison between the PhD courses at SPA Delhi and Integral University, based on fees:
Institute/University | Course Fee |
|---|---|
SPA Delhi | INR 80,000 |
Integral University | INR 1.5 lakh |
Note: The above information is taken from various official sources. Hence,
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Contributor-Level 10
Answered a week ago
Both SPA Delhi and Amity University Noida are good options to pursue a PhD. However, in order to determine which is more affordable, students must compare the fees charged by both institutions.
Upon comparing, it is found that SPA Delhi is more affordable since the tuition fee to pursue PhD at SPA De
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Contributor-Level 10
Answered a week ago
SPA Delhi, Amity University, and Integral University are all good options for pursuing a PhD in architecture or related fields. In order to choose one, students must weigh all the options based on various important factors, such as fees. As per official sources, the fees to pursue a PhD at SPA Delhi
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Contributor-Level 10
Answered a week ago
Once the students have submitted the application forms, the admission committee begins the screening process. All the registered candidates are evaluated based on their academic record, work experience, area of study, and more. After that, the institute releases a merit with the names of the student
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Contributor-Level 10
Answered a week ago
SPA Delhi offers two PhD programme in two modes, full time and part time. For admission to both the programmes, students are required to fill out an application form and pay the following application fees:
Course | Application Fees |
|---|---|
PhD | INR 2,500 |
Note: The below-mentioned fee is as per official sources. However, it is subject to change.
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Contributor-Level 10
Answered a week ago
After the release of the merit list, selected candidates must present original and self-attested photocopies of documents for verification purposes at the institute. Such candidates are required to bring along the following documents:
- Class 10 marksheet
- Class 12 marksheet
- Migration certificate
- School le
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Contributor-Level 10
Answered a week ago
To be considered for SPA Delhi PhD admissions, students must fill out the application form. The applications for the PhD programme are made available by the institute throughout the year. Candidates aspiring to take admission can apply by visiting the official website of the institute and paying an
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Contributor-Level 10
Answered a week ago
Yes, SPA Delhi PhD admissions are merit-based. Students aspiring to take admission to the programme are not required to take any entrance exam. In order to get admission, they must submit a duly filled application form. The fee to apply is INR 2,500. The admissions are granted to eligible students b
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Contributor-Level 10
Answered a week ago
SPA Delhi PhD eligibility criteria state the conditions to be fulfilled by candidates seeking admission. Students who fulfill any one of the following conditions are eligible to apply for PhD courses:
- Obtained a master's degree in relevant field or its equivalent conducted by any other recognised uni
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Contributor-Level 10
Answered a week ago
The total tuition fee to pursue a PhD at SPA Delhi amounts to INR 80,000. Other than this, the fee structure includes a one-time fee of INR 3,500 to be submitted at the time of admission. Candidates who wish to know the complete fee structure can visit the official website of the institute.
Note: The
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Contributor-Level 10
Answered a week ago
Yes, PhD is available at SPA Delhi. This programme is offered in full-time and part-time modes. Candidates seeking admission can check the below table to know more about the programme:
Particulars | Statistics |
|---|---|
Duration | Five to seven years |
Mode | Full-time/Part-time |
Selection Criteria | Merit-Based |
Fee | INR 80,000 |
Note: The above information is taken from official sources. However, it is subject to change.
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Contributor-Level 10
Answered a week ago
Official notification for PhD admission 2025-2026 academic year has not been released but mainly university start the admission process in June .and applications opens from June 1 and close in last of June So the exact date has not been confirmed yet. You should stay active on the official website t
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Beginner-Level 3
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