PhD Application Procedures
The average entering class size is 15 students out of approximately 75 in the PhD program. Because of the large applicant pool, the department considers only those with excellent academic records and outstanding letters of recommendation. The department is fully committed to building one of the top Economic PhD programs in the world.
Our PhD program accommodates the needs of students from varying backgrounds. Although useful, an economics major is not necessary. You will make better progress in the program if you have had adequate preparation in mathematics. Students entering the program are required to have taken a sequence in calculus, a course in linear algebra, and a course in mathematical statistics. These prerequisites are a bare minimum, and additional background in mathematics and in doctoral-level economics courses can ease the transition into the program.
We require, in addition to the completed formal application, three letters of recommendation, a transcript from the undergraduate institution(s), and the verbal, quantitative, and analytical Graduate Record Examinations (GRE). We do not have minimums on the GRE scores nor do we provide averages as all materials submitted in the application are considered. The economics achievement test is not required. The application deadline is January 15th for Fall admission.
TOEFL: Foreign students, whose native language is not English, must report scores on a recent TOEFL or equivalent test of English proficiency. To be eligible for a TOEFL waiver the applicant must have completed a full-time bachelor’s or master’s degree from a regionally accredited university located in the United States. Please note that the entire program of study must have been completed at the institution.
We do not have a required minimum on the TOEFL. Submitting good results of TSE (Test of Spoken English) will increase the acceptance probability of an application.
*Note that our curriculum starts with a quantitative methods course during the month of August prior to the beginning of the Fall semester. This early starting date should be taken into account when applying for admission.