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Home > Academics > PhD Programmes > Doctorate in Economics

Doctorate in Economics

Three-Year PhD Programme

Programme in English

Presentation

The PhD in Economics at Sciences Po, supported by the Department of Economic s, is now one of the very best European programs, as reflected by the recent recruitment of our students by top universities  (UCLA, ENS Paris, HEC Paris, Carlos III).

This programme is designed to provide world-class theoretical and practical training in economics. It rains highly qualified economists for academic careers, and for careers that require the highest quality of doctoral training:  international irganisations, think tanks, research organisations, public ministries, banks, insurers , etc.

The PhD program in economics trains top economists who seek to pursue university and academic careers in France or abroad, as well as careers requiring high-level doctoral training: in international organizations, think tanks, research institutions, government agencies, banks, and insurance companies.   

Students seeking to pursue an international academic career are supported throughout the job market process. Many oral and written communication skills trainings are offered and members of the department of economics help prepare students for interviews and seminars.  

Integration with the Economics Department

Students are affiliated with the  Department of Economics , which provides them with a workspace and the best environment for drafting their dissertation. A professor from the Department of Economics serves as a primary supervisor to help guide their research. Their dissertation committee includes two additional professors. 

Through the program’s seminars, doctoral workshops and research events, doctoral students fully participate in the Department of Economics’ activities. PhD students are in constant contact with the many invited professors. A very small number of applicants are admitted, allowing for greater attention and guidance for each student: an individualisation of each student’s path for the success of all.    

Structure of the program

The doctoral program in economics should ideally be completed in three years.

Candidates who do not yet hold a Masters degree must apply for the Masters in Economics.  Those who select this option will receive a “Masters in Economics” from Sciences Po at the end of their second year and will be able to apply to the PhD program.

Candidates who already hold a Masters degree in economics from Sciences Po or another world-class university may directly apply to the PhD program.

The 3 doctoral years:

During the three years devoted to the dissertation, PhD students are hosted by the Department of Economics and can pursue  study abroad at partner international universities such as Princeton University, the University of Chicago and the London School of Economics.

The department organizes an internal seminar at which students are invited to make presentations. They may also attend the department’s various other seminars.

See the "Admission to a PhD" page

All students admitted at the PhD level will receive funding. The salary is competitive compared to international standards.

Additional funding is available for exceptional students in economics, history and macroeconomics thanks to the Marie Curie Initial Training Network MACROHIST.

See the "Funding" page

Teaching Staff

The core of the teaching staff are professors of the Department of economics . Some invited professors also participate.

  • Pierre-Philippe Combes Head of studies in Economics, CNRS Professor, Department of Economics Sciences Po
  • Hadjila Nezlioui-Serraz Administrative Officer Tél : +33 (0)1 45 49 72 35

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The Berlin School of Economics PhD Program provides outstanding doctoral students with a vibrant, intensively networked research community. The program develops the students’ talents in a unique combination of a high-level, academic research environment together with applied, policy-oriented research opportunities. Students receive state-of-the-art coursework training and can select from a wide array of specializations. For each specialization, a professional research environment is provided by Berlin’s universities and economic research institutes.

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Course catalog

Program structure and curriculum

All PhD tracks offered in the PhD Program share the same structure and general curriculum. The program’s curriculum is divided into a qualification and a dissertation phase:

Qualification Phase

During the qualification phase (about three semesters), students acquire methodological and research-oriented training in mandatory course work in economic theory, applied economics, business studies, econometrics, and economic policy. Students define their research area and find supervisory support from two supervisors. They write research proposals that are discussed with faculty members individually and in seminars in order to provide early feedback on the scientific potential of research ideas. This is a central part of the PhD Program, in which the students have full flexibility in the choice of their research topics and of the supervisors. During this phase, students are funded through stipends that allow for this flexibility. In total, students have to complete a  minimum of 90 ECTS credits  in order to finish the qualification phase of the program.

Dissertation Phase

During the subsequent dissertation phase (about three years), students write a doctoral thesis while having the opportunity to apply their knowledge in the professional research environment that is provided at the Berlin universities and research institutes participating in the Berlin School of Economics. In this phase, students are typically employed at their supervisor’s chair or in research groups at research institutes.

The PhD will be awarded by one of the institutions in the Berlin School of Economics with the right to award doctoral degrees. In most cases, the PhD is awarded by the institution the student’s first supervisor is affiliated with.

The following chart gives an overview of the general structure of the PhD Program:

Application to one of the four PhD tracks

(semesters 1 - 3)

(semesters 4 - 10)
Hand-in and defense of the thesis
Placement

best economics phd europe

Researchers Guide

This guide includes academic advices from the researchers of the Berlin School of Economics.

Special thanks to the INSIGHTS Team, researchers of Berlin School of Economics, Agne Kajackaite, Aleks Zaklan, Alexander Kriwoluzky, Ally Xin Lin, Annekatrin Schrenker, C. Katharina Spieß, Christian Basteck, Ciril Bosch-Rosa, Dorothea Kübler, Francis de Véricourt, Georg Weizsäcker, Gyula Seres, Hande Erkut, Hannes Ullrich, Jana Hamdan, Levent Neyse, Lisa Bruttel, Lutz Weinke, Mira Fischer, Müge Süer, Nikolaus Wolf, Peter Haan, Robert Stüber, Sebastian Schweighofer-Kodritsch, Simone Maxand, Vincent Meisner, and Pablo Brañas-Garza.

You can download the web version

or print the printable version

Also note the compiled information on our website about support and resources, for example Mental Health.

Qualification phase
(year 1 & 2)
Courses:
45 ECTS in total
Electives:
45 ECTS in total
Dissertation phase
(year 3 - 5)
Hand-in and defense of the thesis, placement

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Our PhD programme where PhD candidates are encouraged to do pioneering and innovative research under the personal supervision of internationally acclaimed top researchers. Our PhD candidates are employees of the school who receive a competitive salary and have access to all the benefits of working at a top-class university.

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Programme doctoral EDEEM

Doctoral program edeem.

Admission is based on excellence, with about 25 students expected each year. Competitive scholarships are offered to students from all over the world. Applicants should have a Master's degree or equivalent. High focus is made on research, publication and presentation, with dedicated Jamborees and Summer Schools. 

Students have a mobility requirement in two "mobility" universities of the Consortium, two semesters in each. They are jointly supervised by two advisers from the mobility universities and a single defense is organized. After successful completion of the programme, the student could be awarded the "European Doctorate in Economics - Erasmus Mundus" joint degree, which is officially recognized as a national doctorate from the two mobility universities. This joint degree is agreed upon by four universities of the Consortium. As for the other partner universities, the student is awarded a double degree, which consists of two independent degrees awarded by the mobility universities.

The students have the opportunity to do an additional mobility of one semester in the EDE-EM network that gathers worldwide universities, firms, banks, insurance companies, from Australia, Czech Republic, China, Denmark, Japan, Korea, Russia, South Africa, Tunisia, and large private and public companies. The consortium is fully committed to the placement of students at the end of the programme.

EDEEM Website

Edeem study program in paris 1.

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Best Universities for Econometrics and Mathematical Economics in Europe

Updated: February 29, 2024

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Below is a list of best universities in Europe ranked based on their research performance in Econometrics and Mathematical Economics. A graph of 13.5M citations received by 609K academic papers made by 832 universities in Europe was used to calculate publications' ratings, which then were adjusted for release dates and added to final scores.

We don't distinguish between undergraduate and graduate programs nor do we adjust for current majors offered. You can find information about granted degrees on a university page but always double-check with the university website.

1. University of Oxford

For Econometrics and Mathematical Economics

University of Oxford logo

2. London School of Economics and Political Science

London School of Economics and Political Science logo

3. University of Cambridge

University of Cambridge logo

4. University College London

University College London logo

5. University of Amsterdam

University of Amsterdam logo

6. University of Copenhagen

University of Copenhagen logo

7. Erasmus University Rotterdam

Erasmus University Rotterdam logo

8. Tilburg University

Tilburg University logo

9. Imperial College London

Imperial College London logo

10. Catholic University of Leuven

Catholic University of Leuven logo

11. Swiss Federal Institute of Technology Zurich

Swiss Federal Institute of Technology Zurich logo

12. University of Warwick

University of Warwick logo

13. University of Bristol

University of Bristol logo

14. University of Manchester

University of Manchester logo

15. Aarhus University

Aarhus University logo

16. University of Zurich

University of Zurich logo

17. Catholic University of Louvain

Catholic University of Louvain logo

18. University of Groningen

University of Groningen logo

19. University of Bonn

University of Bonn logo

20. University of Edinburgh

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21. University of Nottingham

University of Nottingham logo

22. Maastricht University

Maastricht University logo

23. University of York

University of York logo

24. University of Vienna

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25. University of Southampton

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26. University of Oslo

University of Oslo logo

27. University of Sheffield

University of Sheffield logo

28. Delft University of Technology

Delft University of Technology logo

29. Free University Amsterdam

Free University Amsterdam logo

30. Pierre and Marie Curie University

Pierre and Marie Curie University logo

31. University of Essex

University of Essex logo

32. University of Bologna

University of Bologna logo

33. Sapienza University of Rome

Sapienza University of Rome logo

34. University of Liverpool

University of Liverpool logo

35. Uppsala University

Uppsala University logo

36. Utrecht University

Utrecht University logo

37. University of Padua

University of Padua logo

38. Lancaster University

Lancaster University logo

39. University of Glasgow

University of Glasgow logo

40. Carlos III University, Madrid

Carlos III University, Madrid logo

41. Pompeu Fabra University

Pompeu Fabra University logo

42. Lund University

Lund University logo

43. Federal Institute of Technology Lausanne

Federal Institute of Technology Lausanne logo

44. University of Leeds

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45. London Business School

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46. Bocconi University

Bocconi University logo

47. University of Munich

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48. Free University of Brussels

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49. Stockholm University

Stockholm University logo

50. University of Helsinki

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51. Humboldt University of Berlin

Humboldt University of Berlin logo

52. Paris Dauphine University

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53. University of Lisbon

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54. University of Mannheim

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55. Queen Mary University of London

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56. Radboud University

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57. University of Leicester

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58. University of Reading

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59. Goethe University of Frankfurt am Main

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60. Ghent University

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61. University of Birmingham

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62. University of Hamburg

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63. University of Sussex

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64. Newcastle University

Newcastle University logo

65. Autonomous University of Barcelona

Autonomous University of Barcelona logo

66. University of Cologne

University of Cologne logo

67. Stockholm School of Economics

Stockholm School of Economics logo

68. University of Paris 1 Pantheon-Sorbonne

University of Paris 1 Pantheon-Sorbonne logo

69. Polytechnic School

Polytechnic School logo

70. Vienna University of Economics and Business

Vienna University of Economics and Business logo

71. University of Lausanne

University of Lausanne logo

72. Athens University of Economics and Business

Athens University of Economics and Business logo

73. Technical University of Munich

Technical University of Munich logo

74. Charles University

Charles University logo

75. University of Milan

University of Milan logo

76. University of Bielefeld

University of Bielefeld logo

77. Heidelberg University - Germany

Heidelberg University - Germany logo

78. King's College London

King's College London logo

79. University of St. Gallen

University of St. Gallen logo

80. University of Montpellier

University of Montpellier logo

81. University of East Anglia

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82. University of Granada

University of Granada logo

83. University of Barcelona

University of Barcelona logo

84. Leiden University

Leiden University logo

85. City, University of London

City, University of London logo

86. Kiel University

Kiel University logo

87. Cardiff University

Cardiff University logo

88. University of Gottingen

University of Gottingen logo

89. University of Bath

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90. University of Gothenburg

University of Gothenburg logo

91. University of Exeter

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92. University of Geneva

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93. University College Dublin

University College Dublin logo

94. TU Dortmund University

TU Dortmund University logo

95. University of Freiburg

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96. University of Twente

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97. University of Strathclyde

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98. Birkbeck, University of London

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99. University of London

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100. Polytechnic University of Milan

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Economics subfields in Europe

best economics phd europe

Master's Degree in Economics and Finance: PhD Track Program

best economics phd europe

Applications for the 2024-2025 edition are now closed

Please contact our Admissions Team if you have any questions.

Program Director

portrait

Davide Debortoli

PhD, Universitat Pompeu Fabra

ICREA-UPF, CREI and BSE

See all faculty below

The PhD track of the Master's Degree in Economics and Finance is the first year of the PhD program at Universitat Pompeu Fabra

Launched in 1993 and currently organized jointly by the UPF Department of Economics and Business and BSE, the  UPF PhD Program  attracts students of exceptional talent and provides a strong foundation, a stimulating environment, and worldwide placement in the most prestigious institutions, research centers, and universities. 

The PhD Track Program is Year 1 of the UPF PhD. Upon completion of the PhD Track Program, graduates are awarded the BSE Master's Degree in Economics and Finance and proceed to Year 2 of the PhD (detailed in the schedule below).

Study with accomplished research faculty

Courses in the PhD Track Program are designed and taught by  BSE Affiliated Professors  at the UPF Department of Economics and Business and the Center for Research on International Economics (CREI) , two of Europe's top research groups.

Among them are recipients of ERC Grants and other competitive international funding, authors of publications in top journals, and fellows of the Econometric Society and NBER, to name just a few of their accomplishments. They will be your teachers, your mentors, your thesis supervisors, and down the road, your colleagues.

Additional entry requirements for this program

Because this is a PhD-track program, applicants must: 

  • Submit a GRE score to be considered for admission. (GRE is not required to apply to other BSE Master's programs.)
  • Complete 4 years of university study before starting this program.

Program schedule: 

Upf phd program structure.

  • Year 1: Compulsory core courses in Econometrics, Microeconomics and Macroeconomics (BSE PhD Track Program)
  • Year 2: Coursework that prepares students to conduct research (UPF Master of Research - MRes)
  • Years 3-5: Research and PhD dissertation This stage typically lasts 4 years, but shorter and longer intervals are not uncommon.

Year 1: BSE PhD Track Program (Master's Degree in Economics and Finance)

COURSEWORK IN MACRO, MICRO, AND ECONOMETRICS

The course offer displayed is for next year's edition. Course offer is subject to change.

Course list for current students

Master project

The master project is a required component of all BSE Master's programs. Working individually or in groups, students use the tools and knowledge they've acquired during the entire year to explore a topic of their choice. A professor supervises throughout the project.

Examples of master projects from previous cohorts:

Topics Related to Economics and Mental Health

Estimating causal effects in the absence of treatment observability, migration shocks and occupational downgrading: evidence from venezuelan migrants in chile, import price inflation following the 2021 suez canal blockage: (for)ever given or transitory.

After successful completion of Year 1, students are awarded the Master's Degree in Economics and Finance by BSE and Universitat Pompeu Fabra.

Year 2: UPF Master of Research in Economics, Finance and Management (MRes)

COURSEWORK THAT PREPARES STUDENTS TO CONDUCT RESEARCH

A variety of specialized elective courses taught by faculty of the UPF Department of Economics and Business and CREI will present students with cutting-edge research, help them find topics for their own research, and put them in contact with potential thesis directors.

Visit the UPF Department of Economics and Business to see a list of MRes courses

The department's broad workshops and seminar series complement the coursework with exposure to the latest research presented by renowned speakers from the best institutions around the world.

Upon successful completion of Year 2, students are awarded the Master of Research in Economics, Finance and Management (MRes) by Universitat Pompeu Fabra.

Years 3-5: UPF PhD in Economics, Finance, and Management

RESEARCH AND PHD DISSERTATION

Students conduct research under the guidance of the faculty of the UPF Department of Economics and Business and CREI. This stage typically lasts four years, but shorter and longer intervals are not uncommon.

After successful defense of the thesis, students are awarded the PhD in Economics, Finance and Management by Universitat Pompeu Fabra.

Degrees awarded

Both the BSE Master's Degree and the UPF Master of Research have been recognized by the Catalan and Spanish Education authorities within the framework of the Bologna Process (in Spanish, “Master Universitario o Master Oficial”).

The UPF PhD has been recognized by the Catalan and Spanish Education authorities (in Spanish, “Programa Oficial de Doctorado”).

Quality indicators for the BSE Master's Degree

UPF PhD Faculty

The teaching faculty for Year 1 are listed below. A full list of UPF Department of Economics and Business faculty members for all 5 years of the PhD program is available on the department website.

View a list of faculty for all 5 years of the PhD

portrait

Geert Mesters

PhD, VU University Amsterdam and Tinbergen Institute

UPF and BSE

portrait

Elisa Giannone

PhD, University of Chicago

CREI and BSE

portrait

Jaume Ventura

PhD, Harvard University

CREI, UPF, and BSE

faculty

Larbi Alaoui

PhD, University of Pennsylvania

faculty

Christian Brownlees

PhD, University of Florence

Portrait of Isaac Baley

Isaac Baley

PhD, New York University

faculty

Edouard Schaal

PhD, Princeton University

CREI, UPF and BSE

portrait

Antonio Penta

ICREA-UPF and BSE

faculty

Katerina Petrova

PhD, Queen Mary University London

UPF and BSE - on leave

faculty

Jordi Galí

PhD, Massachusetts Institute of Technology

Priit_Jeenas

Priit Jeenas

faculty

Alexander Frug

PhD, Tel Aviv University

PhD Track Student Profile 2023-24

21 students from 10 countries (90% international)

Most represented countries this year: 

  • Spain and India (2 students each)

Most common undergraduate backgrounds:

  • Economics and Finance

work_experience_class2024_phd_bse

Build your career and your network

In addition to a track record of strong placements, both the BSE Master's program and the UPF PhD program offer access to a close-knit community of colleagues, mentors, and friends for life.

UPF PhD placement examples

Past graduates of the UPF PhD program have obtained tenure-track positions in:

United States Chicago, Duke, NYU, Stanford, UC San Diego

Europe Bocconi, Bonn, Carlos III, Cemfi, ESADE, IESE, IIES-Stockholm University, LSE, Mannheim, Nova de Lisboa, Oxford, Tilburg, UCL, Warwick, Zurich

Latin America ESPOL, ITAM, Pontificia Universidad Católica del Perú, Universidad de Los Andes

Asia Singapore Management University, Shanghai University of Finance and Economics, Zhejiang University

Some UPF PhD graduates choose employment with organizations and companies such as:

Central Banks Banca d’Italia, Bank of England, Federal Reserve Board, Bank of Canada, Deutsche Bundesbank, European Central Bank, etc.

International Organizations International Monetary Fund, the World Bank, Inter-American Development Bank

Economic Consulting Firms NERA, Deloitte, JP Morgan

See all UPF PhD placements by year (UPF website)

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  • Study in Europe /

PhD in Economics in Europe

dulingo

  • Updated on  
  • Jan 4, 2024

phd in economics in europe

Are you considering pursuing a PhD in Economics in Europe? Then you’re in the right place! Europe is home to some of the world’s most prestigious universities that offer doctoral programs in economics. The Doctoral Programme in Economics (DPE) at the University of Helsinki is one such program that promotes doctoral education in economics by providing courses and seminars based on a program launched in 1990. Similarly, there are many such universities across the continent offering doctoral programs in Economics at affordable fees. Read on to know more about pursuing an Doctorate in Economics in Europe!

This Blog Includes:

Phd in economics in europe: overview, phd in economics: the course, why choose europe for phd, top universities for phd in economics in europe, phd within the framework of the european higher education area, cost of phd in economics in europe, careers and scope.

A PhD , also known as a Doctor of Philosophy degree, is a doctorate awarded by a university to an academic who has completed all required qualifications and is now considered a doctor in his or her academic field. Those who study economics first learn the distinctions between microeconomics and macroeconomics. Microeconomics is concerned with the behaviour and interactions of individual markets, such as households and firms. On the other hand, macroeconomics is focused on the state of the economy as a whole. Over 4,000 higher education institutions are located in Europe, ranging from world-class research organizations to small, teaching-focused universities. Europe, which expands from the Arctic Circle to the African coast, is not unlike other continents.

  • A PhD in Economics typically includes coursework in both macroeconomics and microeconomics. However, if you want to teach or conduct formal research in economic subjects, this is a useful degree. Once the proposal is approved and the oral exam is passed, the final years of enrollment are devoted to dissertation research, writing, and defence.
  • The major opportunity in the field of Economics is that it is primarily involved in research. A PhD degree should be pursued only if a person has a strong interest in research-oriented work. PhDs are typically pursued by individuals involved in the academic field. This may lead to a better understanding of the specific field or subject.
  • After completing the PhD in Economics course, students will be able to understand a wide range of theoretical debates in economics and business, analyse economic problems, and evaluate the implications for economic policy and business planning and strategy.
  • Most economist jobs require a master’s degree or a PhD in Economics. For advancement to higher-level positions, an advanced degree is sometimes required.

Also Read: Find the Best PhD in Europe to Study

Europe is a popular destination for postgraduate study. There are numerous reasons why people choose to pursue their master’s or PhD programme in Europe, not the least of which is Europe’s excellent reputation in terms of high educational standards, as well as the general way of life, vast amounts of choices and options, and cultural diversity. Here are some of the main reasons why you should pursue your PhD in Economics in Europe:

  • Great Experience

Many students choose to pursue a postgraduate degree in Europe because of the overall experience it can provide. The ability to get cheap trains and flights to visit a variety of countries within Europe during a free weekend or the Christmas or Easter holidays is one of the benefits. If you live and study at a university in Europe, the rest of the continent is right on your doorstep, waiting to be explored.

  • Quality of Education

Europe’s university quality is extremely high, with some of the world’s top-ranked institutions such as University College London, the University of Cambridge, and the University of Oxford in the United Kingdom. These universities, along with many others in Europe, are all held in high regard around the world and demonstrate Europe’s ability to provide an exceptional standard of teaching for postgraduate students.

  • Budget Friendly

Pursuing a master’s degree or PhD programme in Europe can also be financially advantageous because tuition fees can be much lower than those in other countries such as America. Postgraduate course fees in Europe typically range from €5,000 (INR 4,10 Lakh) to €25,000 (INR 20.5 Lakh), depending on the university’s status and the course topic. Most postgraduate courses for international students cost €15,000 (INR 12.3 Lakh), which is significantly less than those in the United States.

  • Possibilities for employment

Studying in a European city is advantageous for your future career because their student populations are large and diverse. This gives the postgraduate student a broader life experience while also providing excellent networking opportunities. Potential employers are well aware of the high quality of higher education institutions in Europe, which can undoubtedly help you along your chosen career path. Your chosen European university is likely to impress potential employers, which can help you advance your career.

According to the most recent international rankings, the following are the best economics schools for PhD in Economics in Europe:

  • London School of Economics and Political Sciences (LSE), UK
  • University of Oxford, UK
  • University of Cambridge, UK
  • University College London (UCL), UK
  • Bocconi University, Italy
  • University of Warwick, UK
  • Tilburg University, Netherlands
  • University of Zurich, Switzerland
  • London Business School, UK
  • ETH Zurich, Switzerland

EHEA is a network of 48 countries that use the same university degree system. It consists of all 28 EU members (including the United Kingdom) as well as other countries from Europe and Eurasia.

The Bologna Process, which was signed in 1999 at the University of Bologna (Europe’s oldest university), is followed by all EHEA members. This divides academic degrees into three categories:

  • Bachelor’s degrees are first-cycle degrees that typically take 3 years to complete. 
  • Master’s degrees are second-cycle degrees that typically last 2 years.
  • Doctorates (such as PhDs) are third-cycle degrees that typically take three to four years to complete.

Academic degrees obtained in one EHEA country are automatically recognised in others. This makes studying abroad in different parts of Europe or working in another European country with your doctorate much easier.

According to the National Center for Education Statistics, a PhD in Economics in Europe costs an average of $19,314 (INR 15.9 Lakh) per year. This amount represents the average graduate tuition charged by both public and private institutions between the years 2018 and 2019. Tuition fees vary by school, and private universities are frequently more expensive than public universities.

Also Read: PhD in Germany

A PhD in Economics in Europe will provide you with career stability and financial security. Career opportunities in economics are excellent, as employment in these fields is expected to grow faster than the national average. Continue reading for a list of some of the best PhD in Economics jobs for graduates, as well as an overview of their annual salaries. According to PayScale, the average salary for someone with a PhD in Economics is $110,000 (INR 90.66 Lakh) per year. This value varies depending on your career path, the company you work for, and even the industry in which you work.

A PhD in Economics in Europe is well worth the investment. Obtaining a PhD in economics is an excellent way to gain valuable skills for the econ job market, improve your overall communication, and ensure financial security and stability throughout your career.

Economics PhD graduates have the option of conducting research and teaching in prestigious institutions, prestigious government positions, or ongoing work at some of the highest-paying private institutions.

Relevant Reads:

Many universities depend on outside funding to establish PhD positions. External funding is frequently provided in the form of research grants for specific research projects. The European Commission and national scientific research councils are two common funding sources.

In general, a PhD in Europe takes at least four years to complete, though there are three- and five-year programmes, as well as part-time options.

In Europe, the average monthly minimum salary for a PhD student is €2,600. It is important to note that this figure includes all disciplines, not just science and engineering.

Consider an economics PhD if you want to work in research, are good at math (i.e., quant GRE score above 165), and have a demonstrated interest in economics research.

To help you shortlist colleges/universities in Europe or any other country, please contact Leverage Edu . You can also call us at 1800 57 2000 for a free 30-minute counselling session.

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The call for applications for the 2025-26 academic year (start date: 1 September 2025) will open in November 2024 - the deadline will be 31 January 2025 at 14:00 (CET).

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The content on this page is subject to change for the 2025-26 call for applications

As a research-strong department, we offer focused supervision on your Ph.D., providing the support to explore your ideas and develop your intellectual autonomy. Our researchers work together, and with faculty, generating strong networks and connections that last throughout their time at the EUI and into their future career. 

Yet our academic community is bigger than our faculty and our researchers – we welcome a huge number of world famous scholars to our Department each year. These visitors present and discuss their work, allowing you to build your knowledge and develop your ideas further. You can interact with these experts on an unprecedented level.

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The EUI is committed to providing equitable and inclusive conditions for all candidates and is keen to attract, encourage and retain a diverse and highly qualified community of scholars.

Candidates with disabilities or specific educational needs are encouraged to register their needs with the Office of the Dean of Graduate Studies (Email: [email protected] ) for the coordination of reasonable adjustments at the stage of application, selection, and admission to the programme.

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  • Fully-funded four-year PhD in Economics

  Fully-funded four-year PhD in Economics

European university institute florence  , about the programme, fully-funded four-year phd programmes.

The European University Institute ( EUI ) offers a thoroughly articulated doctoral programme allowing you to develop your intellectual curiosity and enabling original research. Approximately 130 scholarships are available every year, covering tuition fees and providing a monthly grant.

An EUI PhD is more than writing a dissertation

Our culturally diverse academic community allows you to study alongside approximately 1000 scholars hailing from more than 90 countries.

You will work in an inclusive, dynamic, interdisciplinary, and multi-lingual environment, in a campus composed of a number of historic buildings overlooking the beautiful city of Florence.

Our call for applications opens in November, for admission the following September. You must  apply online  by 31 January.

About the EUI Department of Economics

The EUI  Department of Economics  is producing the next generation of top-class economics researchers.

  • Study all the main fields within economics – PhD opportunities across theoretical and applied topics.
  • Be part of a cohesive community – benefit from close supervision and ongoing support from our excellent professors.
  • Learn from the experts – present, discuss, and interact with the world leaders in their fields.
  • Develop your employability – receive comprehensive training, assistance and preparation for the job market and beyond.
  • Build networks – our graduates pursue successful careers in academia, and in the private and public sector, across the globe.

Develop your intellectual curiosity

As a research-intensive department, we offer focused supervision on  your PhD , providing the support to explore your ideas and develop your intellectual autonomy. Our researchers work together, and with faculty, generating strong networks and connections that last throughout their time at the EUI and into their future career.

Yet our academic community is bigger than our faculty and our researchers – we welcome a large number of world famous scholars to our Department each year. These visiting scholars present and discuss their work, allowing you to build your knowledge and develop your ideas further. You can interact with these experts on an unprecedented level.

Build networks

EUI alumni form an international professional network. Our alumni hold positions in academia (65%), international organisations (9%), other research institutions (6%), the private sector (6%), law firms (3%), national organisations (3%), national central banks (3%), European Central Bank (1%)*.

* Alumni Destination Survey 2021

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All EUI PhD programmes are fully funded. Applications are welcome from suitably qualified candidates who meet the given eligibility criteria. Please visit  our website  for further details.

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University Rankings: Top 10 Economics Departments in Europe

Read a summary or generate practice questions using the INOMICS AI tool

With the application deadlines for PhD and Master’s courses in Europe approaching, we decided to post a list of Top 10 European Economics Departments to support your decision when choosing the right institution. As all university rankings have their flaws and there is an obvious shortage of rankings for specific disciplines, we combined two ranking systems in one table: RePEc, Top 25% Economics Departments (February 2013) and QS World University Rankings by Subject (2012).

As we described in our previous post, both rankings use significantly different methodologies:

QS Rankings – Economics and Econometrics

The QS Ranking is based on a survey among academics, which asks them to rate universities by research output, a survey among employers, which asks these to rate universities on the quality of graduates, and then additionally faculty/student ratio, citations per faculty, and ratios of international students and faculty.”

RePEc – Top 25% Economics Departments

Updated monthly and based on a variety of REPEC data, including number of authors, citations and popularity ratings, the REPEC department listing is in many ways the most complete economics department listing around. It is, however, reliant on authors and institutions registered with REPEC, which although very comprehensive, does not claim to be complete.”

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Fully-Funded PhD Opportunities at Renowned European Universities

PhDEU

Fully Funded PhD Opportunities at Renowned European Universities in diverse fields forall nationalities!

Exciting Prospects Across Diverse Academic Disciplines for Applicants of All Nationalities

We are thrilled to announce a range of fully funded PhD positions available at prestigious universities throughout Europe. These exceptional opportunities span an array of cutting-edge fields, including:

  • Biochemistry
  • Agricultural Sciences
  • Electronic Engineering
  • Sports Science
  • Mathematics
  • Molecular and Cellular Biology

Elevate your academic journey and contribute to groundbreaking research at top-tier institutions such as:

  • University of Bordeaux
  • University of Galway
  • Basque Center for Macromolecular Design and Engineering POLYMAT Fundazioa
  • Universität Heidelberg
  • Grenoble INP - Institute of Engineering
  • Paul Scherrer Institut Villigen
  • Swansea University
  • Weierstrass Institute for Applied Analysis and Stochastics
  • Université de Namur
  • University for Continuing Education Krems
  • University of Cologne

This is your chance to be part of shaping the future of science and technology. Apply now for these fully funded PhD opportunities, open to applicants of all nationalities.

Explore diverse opportunities and take your academic and research career to new heights. Apply now for Doctoral (PhD) positions at these prestigious institutions.

PhD Student in Integration of morphological constraints in tomographic image reconstruction through deep learning: Application in Biology, University of Bordeaux (France)

PhD Student in Soil Molecular Microbial Ecology, University of Galway (Ireland)

PhD Student in Chemistry, Basque Center for Macromolecular Design and Engineering POLYMAT Fundazioa (Spain)

PhD Student in Machine Learning in Particle Physics, Universität Heidelberg (Germany)

PhD Student in electrochemistry - LEPMI, Grenoble INP - Institute of Engineering (France)

PhD Student in Creep of zirconium based nuclear fuel claddings, Paul Scherrer Institut Villigen (Switzerland)

PhD Student in Sports Science, Swansea University (United Kingdom) 

PhD student in Mathematics, Weierstrass Institute for Applied Analysis and Stochastics (Germany)

PhD student within the Laboratory for Computational Modeling of Functional Materials at the Namur Institute of Structured Matter, University of Namur (Belgium)

PhD Student in Biochemistry, University for Continuing Education Krems (Austria)

PhD Student in Molecular and Cellular Biology, University of Cologne (Germany)

Don't miss this opportunity to engage in groundbreaking research and advance your academic career in Europe.

#PhD #ResearchOpportunities #UniversityofBordeaux #UniversityofGalway #BasqueCenterforMacromolecularDesignandEngineeringPOLYMATFundazioa #UniversitätHeidelberg #GrenobleINP-InstituteofEngineering #PaulScherrerInstitutVilligen #SwanseaUniversity #WeierstrassInstituteforAppliedAnalysisandStochastics  #Postdoc

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The data presented here are experimental. They are based on a sample of the research output in Economics and Finance. Only material catalogued in RePEc is considered. For any citation based criterion, only works that could be parsed by the CitEc project are considered. For any ranking of people, only those registered with the RePEc Author Service can be taken into account. And for rankings of institutions, only those listed in EDIRC and claimed as affiliation by the respective, registered authors can be measured. Thus, this list is by no means based on a complete sample. You can help making this more comprehensive by encouraging more publications to be listed ( instructions ) and more authors to register ( form ). For more details on the various rankings that are available as well for documentation, follow this link .

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#NameLocation (main campus)Salary today (US$)Salary percentage increase1France572France993France804France955China105

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#NameSalary percentage increaseLocation (main campus)Salary today (US$)1111172,693253155,113372106,229461127,967562116,514

Further reading

Business Education: Financial Training

Business Education: Financial Training

The FT’s 2024 ranking of the world’s top masters in finance programmes with analysis on the latest trends, data and key findings

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Salaries for masters graduates in finance sector power ahead

Alumni earn $98,000 three years after course completion, latest FT data show

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As Houthi rebels intensify strikes on vessels headed for the Suez Canal, global shipping prices are soaring, raising fears of product shortages and delays.

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By Peter S. Goodman

Peter Goodman has reported extensively on the global supply chain since the early months of the Covid-19 pandemic.

Stephanie Loomis had hoped that the chaos besieging the global supply chain was subsiding. The floating traffic jams off ports . The multiplying costs of moving freight . The resulting shortages of goods . All of this had seemed like an unpleasant memory confined to the Covid-19 pandemic.

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How the eras tour adapts to european economic dynamics.

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LIVERPOOL, ENGLAND - JUNE 13: EDITORIAL USE ONLY. NO BOOK COVERS. (EDITORS NOTE: Image has been ... [+] created using a starburst filter) Taylor Swift performs on stage during "Taylor Swift | The Eras Tour" at Anfield on June 13, 2024 in Liverpool, England. (Photo by Gareth Cattermole/TAS24/Getty Images for TAS Rights Management)

With one month left in the European leg of the Eras Tour, Taylor Swift fans are scrambling to get a ticket to her concert. Swift's performances have already been a massive success, with sold-out shows and significant fan engagement across all venues. Pricing remains the key factor that fans, city leaders, and economists follow.

According to a recent Expedia survey, "over 40% said they’d travel for a concert as an excuse to visit a new place." Expedia data shows how how Taylor Swift's tour dates and ticket prices fluctuate based on geographical and economic factors. By examining the intricacies of Swift's Eras Tour ticket availability and pricing, leaders can learn how to approach customer loyalty, support local economies, and prepare for second market and fraudulent risks. Here is how pricing affected the European leg of the tour and how it translates to insights leaders can learn from:

Geographic Pricing Strategies

Location influences the ticket pricing variation for Taylor Swift concert tickets. For instance, Swift's tickets are cheaper in cities like Mexico City and Warsaw compared to New York or London, reflecting local purchasing power. This variation can be attributed to local economic factors, venue capacities, and demand differences.

Economic conditions, such as the cost of living, and average income levels of each market are factors that leaders also consider when deploying new products, or increasing marketing activity in a region. In Swift's case, striking the right balance on market-adjusted pricing allows for both concert-goers and operators to support the artist and their local economy.

No Demand-Based Pricing

Demand-based pricing is a strategy often used by businesses to accommodate for demand patterns that can maximize revenue. High-demand cities and dates (e.g., weekends and holidays) command higher prices. However, Europe employs stricter consumer protections and there is not one vendor similar to Ticketmaster where the majority of sales are made.

Best High-Yield Savings Accounts Of 2024

Best 5% interest savings accounts of 2024.

Due to stricter consumer protection laws in European countries, Eras Tour ticket prices are "about 87% cheaper than in the U.S." The U.S. fanbase picked up on this and for the Paris show it was reported by The Associated Press , that "Americans bought 20% of the tickets." This surge of activity also increased ticket scam activity, Lloyd's Bank reported, U.K. fans estimated to have lost over £1 million since tickets went on sale, and those aged 25-34 are most likely to be targeted by fraudsters.

Pricing Hikes In The Hospitality Sector

The Eras Tour has had a significant impact on the European hospitality sector, leading to a substantial increase in hotel prices. A recent report by Lighthouse suggests that hotel prices in European concert cities are expected to surge by an average of 44% . On the other hand, short-term rentals are less pricing sensitive. Dublin and Liverpool are the only locations where STR pricing rose more strongly than for hotels.

It's clear that supply and demand are influencing the pricing strategy for the Eras Tour. In Europe the hospitality sector has undergone more changes compared to the relatively stable ticket pricing, as opposed to the United States. The popularity of Taylor Swift in Europe illustrates how the economic impact of adjusting pricing, managing ticket availability, and preparing for potential risks can allow for geographical-based activity surges across sectors. Likewise, when businesses analyze market trends it is important to recognize how business activity can trigger a ripple effect in regions and sectors. This can lead to pricing and supply adjustments, and ensure a competitive positioning of their business product or service.

Jessica Mendoza

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  • Digitalization driving greater convenience for tourists in Africa, reveals report
  • Longer stays are benefiting the continent’s travel sector, with tourists to South Africa spending an extra two days on vacation

Johannesburg, South Africa; 26 June 2024: The travel sector in 2024 is breaking boundaries. This year consumer spending on travel is robust with significant increases in passenger traffic, according to the latest global report from the Mastercard Economics Institute. ‘Travel Trends 2024’ provides comprehensive insights into the evolving landscape of the travel industry across multiple markets.

Despite fluctuating exchange rates and varying levels of affordability, the desire to travel remains stronger than ever. From South Africa, the top five trending destinations to escape the winter are Dubai, Mauritius, Istanbul, Frankfurt, and Nairobi. Cape Town is among the top three trending destinations from Saudi Arabia. Globally, Japan (#1), Ireland (#2) and the UAE (#9) are among the global frontrunners for top trending destinations in the last 12 months . Looking forward however, Munich ranks as the top trending destination for the next three months (June-August 2024) given the European Championship action.

In 2024 the travel sector is flourishing, with nine out of the last 10 record-setting spending days in the global cruise and airline industry occurring this year [1] .

“The travel sector in Africa is recovering well, complemented by an appetite to discover destinations that offer nature, culture, and authentic experiences. It’s great to see travelers extend their stays, and also use more digital payments, both of which are very positive for the tourism industry at large, as well as local governments building diversified economies,” said Natalia Lechmanova, Chief Economist EEMEA at Mastercard Economics Institute .

In addition, growing digitalization is driving greater convenience for tourists visiting Sub-Saharan Africa. The fast growth in adopting digital payments has also meant a lower reliance on cash in the region, resulting in shifts in spending patterns within tourism. According to Mastercard Economics Institute estimates, the percentage of tourism cash volumes (measured by ATM withdrawals as a proportion of card spend) made by tourists while visiting Sub-Saharan Africa dropped to the lowest point on record in 2024 – about 10 percentage points lower compared to 2019. While domestically, most digital payments across the region are made through mobile money payments, travelers rely on their cards to make payments in the region more than ever before.

Drawing on a unique analysis of aggregated and anonymized transaction data, including Mastercard SpendingPulse™, and third-party data sources, the report takes a deep dive into key travel trends globally for the year and beyond, including:

Record-breaking travel

International tourist arrivals to Africa have exceeded pre-pandemic levels for the first time in the first quarter of 2024. During the first quarter of South Africa welcomed 2.4 million visitors from the rest of the world, representing a 15.4% increase compared to the same period in 2023. Mauritius recorded a 16% increase over the same period. In 2023, tourist arrivals to Tanzania increased by 24.3% to a record-breaking 1,808,205 [2] .

Leisure for longer

Travelers to South Africa are extending their trips by almost two extra days (from 7.8 to 10.6 days) compared to pre-pandemic. The global average is one extra day, a trend driven by warmer climates and affordable destinations. The Mastercard Economics Institute found a clear inverse relationship between the price of the destination and the incremental number of days tourists spend while in those destinations. In other words, the cheaper the destination, the longer the stay.

Experience economy on the go

Consumers have prioritized meaningful experiences over material goods, even when traveling. Spending on experiences now totals 12% of tourism sales, according to SpendingPulse Destinations which measures in-store and online retail sales across all forms of payment - the highest point in at least five years as of March 2024. Memorable events are driving travel trends, whether it is for concerts (like Taylor Swift shows) or sporting events (like the Cricket World Cup).

  Comprehensive support to travelers and tourism sector

Mastercard is dedicated to helping the global tourism sector welcome travelers through a range of services , from market analysis and high-frequency data insights that help make sense of changing consumer trends to customer engagement strategies that personalize the travel experience and drive brand loyalty. And with comprehensive travel benefits and convenience , cardholders can enjoy their travel experiences and everyday purchases with peace of mind.

You can view the full ‘Travel Trends 2024: Breaking Boundaries’ report here. Other reports and insights from the Mastercard Economics Institute can be found here.

About Mastercard (NYSE: MA)

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all. Follow us on Twitter: @MastercardMEA and @MastercardNews

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