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Darla Moore School of Business


Does the Department of Economics admit an incoming class every year?

No. The department admit students every even numbered year (2018, 2020, etc.). Applications will be accepted during the 2017-18 academic year for students to start in Fall 2018.

When is the application deadline?

To have full consideration for university-wide fellowships, all application materials must be received by Dec. 15; additional applications will be accepted until Jan. 15. Applicants are encouraged to submit their materials prior to the deadline because some departments may start making offers earlier if they see an attractive candidate. Some departments will accept applications after this deadline. Interested individuals should check with the director of the Ph.D. program for more details.

Is a master's degree required for admission to the Ph.D. program?

No. However, students who have a master's degree are more competitive for admission with financial aid. The Ph.D. program requires a total of 60 hours beyond the bachelor's to include no more than 12 hours of dissertation preparation.

Are foreign national applicants considered for financial aid awards?

Yes. All financial aid awards decisions are made on a merit basis.

What is covered with an assistantship?

The majority of incoming students have an assistantship working 20 hours a week doing research or teaching for the department. Our assistantships cover four years and have a stipend high enough to cover reasonable living expenses. Stipends are guaranteed for four years as long as students shows satisfactory academic progress.

Is a tuition waiver included with the assistantship?

Yes. With satisfactory academic progress students can expect to receive a 100 percent tuition waiver for five years. Students are responsible for paying university-administered fees.

Is student insurance covered?

Yes; 100 percent of individual student insurance will be covered for students using university insurance. Coverage for additional family members is available but not covered by the Ph.D. program.

Can a foreign national student meet all necessary expenses based on the assistantship?

Applicants receiving graduate assistantships are issued an I-20 form without any additional financial certification.

Can the doctoral degree be pursued on a part-time basis?

No. The program is structured to be completed on a full-time basis and takes approximately four to five years to complete.

What are the admission criteria for the Ph.D. in Economics program?

Students are considered for admission based on previous academic performance, GRE scores, letters of reference and work experience. Average test scores and grade point ratios also vary from year to year, depending on the applicant pool.

What is the Education Testing Service institutional code for submission of GRE/TOEFL scores?

The correct institutional code is 5818. It is not necessary to include a departmental code.

Can international students waive the TOEFL examination?

Yes. This option may be considered for international applicants from programs and countries where the medium of instruction is English. An official waiver request (email) must be sent to the Graduate Admissions Director, copying the Director of Doctoral programs with justification for the waiver request and attaching the following documents:

  • Resume/CV
  • Copy of the U.S. institution’s transcript(s).
  • Copy of Graduate Admissions Test (GMAT or GRE)

To make a final determination, we may also look at various potential indicators of English proficiency such GMAT/GRE scores and any work experience in an English based environment. After reviewing all aspects, we reserve the right to require an English Proficiency Test score. – Send Wavier Request.

The Ph.D. Programs committee does not have a preference in regards to the TOEFL, IELTS or PTEA for admissions consideration.