Ph.D. in Economics: Course, Fees, Admission 2025, Syllabus, Entrance Exam, Top Colleges, Salary
The term PhD stands for Doctor of Philosophy. PhD in 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 which can be acquired by a student.
PhD degrees grant 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. PhD Economics students can also specialize in a particular branch of economics like Macroeconomics, Microeconomics, International Economics, and Business Economics, etc.
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.
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 admission is granted on both merit and entrance basis. Some popular PhD Economics entrance exams through which students can enroll in their desired universities include UGC NET and GATE.
Some major PhD Economics colleges in India are Loyola College, PSGCAS Coimbatore, S.S. Jain Subodh PG College, LPU, Amity University, Jamia Millia Islamia, etc. The average PhD Economics course fees is in the range of INR 15,000 - INR 1.5 Lakh.
There is a vast career scope after completing PhD in Economics. Students can work in popular PhD Economics jobs like Professor, Financial Analyst, Investment Banker, Policy Analyst, Business Strategist, etc. The average PhD Economics salary in India can range from INR 8-15 LPA.
Interested Candidates can continue reading the article for more PhD in Economics course details.
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PhD in Economics Course Details: 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 Course Duration |
3-5 years |
| PhD in Economics Eligibility Criteria |
Complete Master's degree in a relevant discipline from a recognized university. |
| PhD in Economics Admission Procedure |
Merit and Entrance Based. |
| PhD in Economics Entrance Exams |
|
| PhD in Economics Course Fees |
INR 15,000 to INR 1.5 Lakh |
| PhD in Economics Salary in India |
INR 8-15 LPA. |
| PhD in Economics Top Recruiters |
KPMG, The Economist, World Bank, IMF, CRISIL, etc. |
| PhD in Economics Job Profiles |
Professor, Financial Analyst, Investment Banker, Policy Analyst, Business Strategist, etc. |
| PhD in Economics Colleges in India |
Loyola College, PSGCAS Coimbatore, S.S. Jain Subodh PG College, LPU, Amity University, Jamia Millia Islamia, etc. |
Quick Links Related to PhD in Economics Course:
- PhD in Economics Eligibility Criteria
- PhD in Economics Admission 2025
- PhD in Economics Entrance Exams 2025
- PhD Economics Syllabus 2025
- Best PhD in Economics Colleges in India
- Popular Private Ph.D. in Economics Colleges in India
- PhD in Economics Career Scope: Job Profiles, Salary and Top Recruiters
- PhD Economics FAQs: 2025
- Popular Ph.D. in Economics Specializations
- Course Cutoffs
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:
PhD in Economics Admission 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.
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What is the Career Scope after Graduation from IGNOU?
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 usually INR 37,000 per month for the first two years and INR 42,000 per month from the third to the fifth year.
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
further rounds of selection. The GATE exam is conducted once a year whereas the 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 |
|---|---|---|
| GATE 2025 |
February 1-16 ‘25 (Conducted) |
|
| UGC NET 2025 |
June 21-30 ‘25 |
Relevant Articles:
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UGC NET Books 2024: NTA NET Paper 1 & 2 Best Books
Important Exam Dates
| Dates | Upcoming Exam Dates |
|---|---|
| Jun ' 25 | ICAR AIEEA JRF/SRF 2025 City Intimation Slip TENTATIVE |
| 22 Jun ' 25 | JEST 2025 Exam Date |
| 03 Jul ' 25 | ICAR AIEEA JRF/SRF 2025 Exam |
| Jul ' 25 | JEST 2025 Provisional Answer Key TENTATIVE |
| Jul ' 25 | JEST 2025 Answer Key Objection TENTATIVE |
| Aug ' 25 | ICAR AICE JRF SRF 2025 Final Answer Key TENTATIVE |
| Jan ' 26 | ICAR JRF SRF 2025 Counselling: Online Registration, Fee, TENTATIVE |
| Dates | Past Exam Dates |
|---|---|
| 05 Jun ' 25 | Last Date to Submit ICAR AICE JRF/SRF 2025 Application Fees |
| 19 May ' 25 - 01 Jun ' 25 | JEST 2025 Application Window |
| 06 May ' 25 - 05 Jun ' 25 | ICAR AIEEA JRF/SRF 2025 Application Process |
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.
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.
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.
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.
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).
PhD Economics Syllabus 2025
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 | |
Learn More About:
How to Enrol for Admission to PhD at IGNOU?
Which Economics Colleges in India offer Good Placements?
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. |
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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.
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.
Best PhD in Economics Colleges in India
There are more than 19,000 colleges offering PhD Economics courses. 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 PhD in Economics Colleges in India
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 courses.
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:
| Best Government Colleges |
Tuition Fees |
|---|---|
| INR 13,860 |
|
| INR 50,400 |
|
| INR 1.19 Lakh - INR 2.06 Lakh |
|
| INR 35,520 |
|
| INR 21,000 |
|
| INR 8.08 Lakh |
|
| INR 3,900 |
|
| INR 48,550 |
|
| INR 40,400 - INR 1.15 Lakh |
|
| INR 6,000 |
Best Private PhD in Economics Colleges in India
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:
| Best Private Colleges |
Tuition Fees |
|---|---|
| INR 3 Lakh - INR 16 Lakh |
|
| INR 92,000 |
|
| INR 3 Lakh |
|
| INR 4.2 Lakh |
|
| INR 24,570 |
|
| INR 2.1 Lakh - INR 3 Lakh |
|
| INR 3 Lakh |
|
| INR 75,000 |
|
| INR 90,000 |
|
| INR 90,000 |
-
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Popular Private Ph.D. in Economics Colleges in India
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PhD in Economics Career Scope: 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 |
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.
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.
PhD Economics FAQs: 2025
Here are some Frequently Asked Questions (FAQs) related to PhD Economics:
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.
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.
Popular Ph.D. in Economics Specializations
Popular Specializations
- English
4 Colleges
- Public Policy
3 Colleges
- Hindi
3 Colleges
Course Cutoffs
4
News & Updates
May 27, 2025
Student Forum
Anything you would want to ask experts?Answered 5 days ago
For PhD programs, TOEFL score usually needs to be above 90, and many top universities want 100 or more. Some programs also look at writing and speaking scores carefully.
R
Contributor-Level 10
Answered 6 days ago
TCG Crest offers PhD in Cryptology and Post-Quantum Cryptology for 3 years in full-time mode. Candidates must secure a minimum aggregate of 55% in PG level course or 75% in 4 year UG level degree. The selection round includes 2 steps, test and interview. Candidates must qualify entrance exam, resear
A
Contributor-Level 7
Answered 6 days ago
As mentioned in the National Institute of Public Cooperation and Child Development, in India, several universities and institutions offer their Ph.D. programs in the specialisation of Home Science. Some of the best options include Banaras Hindu University, Delhi University, Calcutta University, Alig
D
Contributor-Level 6
Answered 6 days ago
As mentioned in the National Institute of Public Cooperation and Child Development, in India, several universities and institutions offer their Ph.D. programs in the specialisation of Home Science. Some of the best options include Banaras Hindu University, Delhi University, Calcutta University, Alig
D
Contributor-Level 6
Answered 6 days ago
Bharati Vidyapeeth conducts entrance exams for admission to PhD Programs in management. The entrance exam consists of two parts that have somewhat different elements: research methodology (50 marks) and subject-specific (50 marks) type questions. Candidates must achieve at least 50 percent or 25 mar
A
Contributor-Level 10
Answered a week ago
PhD in Social Work is one of the most sought-after courses. There are several reasons why candidates should choose to pursue a doctorate in a social work course. Some of these reasons have been listed below:
A PhD in Social Work degree will allow students to network with other like-minded individuals
A
Contributor-Level 10
Answered a week ago
Yes, of course. Cross-departmental collaboration goes a long way and can turn out to be extremely promising for your PhD academic ride, as you get to build strong networks, gain fresh research perspectives, have more scope for research and resource access, and come up with a comprehensive thesis at
V
Contributor-Level 10
Answered a week ago
There isn't a predetermined parameter as such for assigning supervisors to PhD students at most of the popular colleges and universities in India. Sometimes students themselves look for the ones whose expertise aligns well with their research topic, or the supervisor is appointed by the department b
V
Contributor-Level 10
Answered a week ago
Yes, almost all of the top PhD academic institutions ask you to present a well-defined research proposal as a part of the PhD admission process that includes an entrance exam, an interview, and a research proposal presentation. A solid PhD proposal can actually help you make it to the institute, as
V
Contributor-Level 10
Answered a week ago
Well, there is enough room for you to innovate, explore new ideas, and come up with new discoveries in your chosen field of research. The PhD coursework includes various research methodologies, field visits, online surveys, peer interactions, and group discussions among people from different walks o
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Contributor-Level 10
Answered a week ago
If you're somebody who has an excellent academic record, possesses immense passion for research, and has a strong problem-solving and analytical aptitude, along with the determination to explore and contribute something authentic to the established knowledge pool, you should surely walk down the PhD
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Contributor-Level 10
Answered a week ago
The college ranking can be a factor in choosing a PhD program, but it shouldn't be the only one. You need to look for the college that is known for its research opportunities, supervisor expertise, and academic culture in particular. A doctorate degree is not a cakewalk and needs you to have complet
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Contributor-Level 10
Answered a week ago
This requires a lot of self-introspection at your end regarding your core research interest, passion, and future plans. Pursuing a PhD degree needs to have long-term commitment and the zeal to come up with something fresh and original as a contribution to the existing repertoire of knowledge.
Look fo
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Contributor-Level 10
Answered a week ago
Students looking for admissions into the Doctorate programs at Sree Chitra Tirunal Institute for Medical Sciences and Technology must make sure that they fulfil the prescribed eligibility criteria before applying. The fees structure for PhD at SCTIMST includes the tuition fee of INR 20,000 per year.
A
Contributor-Level 10
Answered 2 weeks ago
You want to know the last day to apply for a PhD this year, right?
Well, there's no single last date for all PhD programs. Every university has its own deadline.
For many big universities and IITs, the deadlines for applying for PhDs that start around July or August 2025 have already passed (mostly i
Contributor-Level 8
Answered 2 weeks ago
The course fee for PhD at Somaiya Institute of Research and Consultancy is INR 1.5 lakh. Candidates are required to meet the eligibility criteria and participate in the entrance based admission process to secure a seat in the programme. Candidates must make pay the course fee through the means that
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Contributor-Level 10
Answered 2 weeks ago
Somaiya Institute of Research and Consultancy offers a total of three specialisations in the PhD programme. Candidates are required to complete the entrance based admission process to in order to get a seat in any of the three specialisations. The specialiations that the candidates can choose from a
s
Contributor-Level 10
Answered 2 weeks ago
No, minimum requirement is 55% in du for pursuing PhD in this subject. Lookout for official websites for further information
m
Beginner-Level 5
Answered 2 weeks ago
Here are some top Film and TV colleges in India offering PhD programs:
| PhD in Film & TV Colleges | Tuition Fee |
|---|---|
| VIT Vellore | INR 1 Lakh |
| Doon Business School, Dehradun | INR 3 Lakh |
| Lovely Professional University | INR 3 Lakh |
Note: The information is sourced from the official/counselling body of the institute/exam.
G
Contributor-Level 8
Answered 2 weeks ago
If you have decided to pursue a PhD program, Electronic Media can be an apt choice. It will not only open up great teaching opportunities for you at the university level, but also train you for leadership roles in the market, give you the freedom to conduct research, and so on.
M
Contributor-Level 7
Answered 2 weeks ago
LNMIIT Jaipur Ph.D. students are permitted to look for scholarships from the UGC, CSIR, NBHM and similar institutions. They could also discover available funding on websites such as the National Scholarship Portal and SERB-CII Fellowship Scheme.
a
Contributor-Level 9
Answered 2 weeks ago
At LNMIIT Jaipur, only full-time Ph.D. students qualify for the institute fellowship. Even so, full-time students can get fellowships and must serve as a TA or RA while their support lasts.
a
Contributor-Level 9
Answered 2 weeks ago
At LNMIIT Jaipur, full-time doctoral researchers are given monthly fellowships worth INR 50,000 for three years or even six months twice after that, if needed. As a result, only four years of help with costs are possible, depending on how well a student does and the reasons they need it.
a
Contributor-Level 9
Answered 2 weeks ago
No, Adikavi Nannaya University does not provide PhD programs to candidates; it only offers undergraduate and graduate-level courses. Candidates must follow the admissions process to ensure a position in the program. Before applying, candidates should study the eligibility and selection conditions fo
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Contributor-Level 10
Answered 2 weeks ago
No, SDIET only provides courses at the undergraduate level; it does not provide PhD programmes to applicants. To guarantee a spot in the programme candidates must adhere to the admissions procedure. Candidates should review the course's eligibility and selection requirements before applying. Candida
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Contributor-Level 10
Answered 2 weeks ago
The programme is suited to those who plan to pursue master's or doctoral degrees here and in international locations. Using top-quality research resources, being taught by experts and working on funded projects all help institute students improve. Thanks to the University's partnerships and support
a
Contributor-Level 9
Answered 3 weeks ago
Accessing entrance test papers from last year's application cycle for the Ph.D. programme in Computer Science at Mangalayatan University is possible. These papers will help you learn how the test is built and plan your studies.
On Mangalayatan University's website, you can find the previous question
A
Contributor-Level 10
Answered 3 weeks ago
The course duration of a PhD in Telecommunication Engineering is 3 to 6 years, which varies depending on the research topic chosen by you and the coursework requirements of the college where you're pursuing the course. A doctorate degree requires a lot of research that results in the submission of a
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Contributor-Level 10
Answered 3 weeks ago
No it is not all mandatory to take a joint M.Sc PhD after qualifying for IIT JAM. Although many students choose this, you can just apply for M.Sc now and if you feel apply for PhD later.
For GATE also the similar thing is followed.
S
Contributor-Level 8
Answered 3 weeks ago
At Chandigarh University, getting exposure and education in the field of Forensic Science is furthered with bachelor's, master's, and doctoral programs. The programs are full time and combine practical training and research with industry requirements.
A B.Sc. (Hons.) in Forensic Science is a four-ye
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Beginner-Level 5
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