Doctor of Philosophy in Economics - Economics at Massachusetts Institute of Technology

    Doctor of Philosophy in Economics - Economics at Massachusetts Institute of Technology

    Doctor of Philosophy in Economics - Economics at Massachusetts Institute of Technology

    The Doctor of Philosophy in Economics - Economics is a PhD degree offered by Massachusetts Institute of Technology at its main campus in Cambridge , United States of America. The program is delivered on campus as a Full Time course in English and requires approximately 5 year(s) to complete. Students study at the university's main campus while gaining the knowledge and practical experience expected for this area of study.

    About Doctor of Philosophy in Economics - Economics

    The Department of Economics offers a Doctor of Philosophy (PhD) in Economics or Business Economics. Students in the doctoral program complete a course of study involving a series of required core subjects in microeconomic theory, macroeconomics, and econometrics; coursework (with a grade of B or better) in two major and two minor fields of study; a research paper; a teaching requirement; and a thesis. The coursework and research paper, completed in the program's first two years, culminate in a general examination. The four fields of study are chosen from advanced economic theory; behavioral economics; computation and statistics (minor field only); econometrics; economic development; finance; industrial organization; international economics; labor economics; monetary economics; organizational economics; political economy; and public economics.

    The business economics track, offered in conjunction with the Applied Economics group in the Sloan School of Management, offers students a unique opportunity to engage closely with faculty from both the Economics Department and Sloan’s Applied Economics group. A small number of students is admitted to this track each year. Students take business economics subjects offered by Sloan to fulfill one of their minor fields. The business economics subjects focus primarily on the supply side of the economy, specifically the role of firms and organizations, and examine issues arising in an wide array of subfields of economics, such as industrial organization, development economics, energy economics, environmental economics, and health economics.

    Following successful completion of the general examination requirement, the student forms a thesis committee of two or three faculty members; students in the business economics track have two principal dissertation advisors (one from the Economics Department and one from the Sloan School’s Applied Economics group). The thesis must meet high professional standards and make a significant original contribution to the student’s chosen research area. The thesis must be approved by the thesis committee and then by an independent faculty member in the department selected by the chair of the departmental Graduate Committee. Upon successful completion of the program, students are awarded the PhD in Economics or Business Economics, depending on the selected track.

    Students must be in residence for a minimum of two years. However, candidates ordinarily need two full academic years of study to complete coursework, and the doctoral thesis typically requires three to four additional years of research effort.

    Requirements and Admission Criteria for Doctor of Philosophy in Economics - Economics at Massachusetts Institute of Technology

    Entry Requirements

    To enter the United States, each international student admitted to the Institute needs a passport issued by his or her government. Students must also visit US embassies or consulates in their home countries to be issued student visas, which will enable them to enter the United States. Students must present a certificate of eligibility (Form I-20 or Form DS-2019) with the supporting financial documentation when they apply for their visas. The International Students Office at MIT will send the required document to all admitted students who provide evidence of sufficient funds to meet the estimated costs and of adequate English language proficiency. It is important to note that the validity of the visa does not indicate how long a student may remain in the United States; this determination will be made by the Immigration Service at the port of entry. Canadians do not need student visas; instead, they may obtain the appropriate immigration status at the port of entry to the United States by showing proof of citizenship and the Certificate of Eligibility.

    Visa Options

    Students admitted to MIT may choose between two visas: the F-1 (student visa) and J-1 (exchange visitor visa). Individuals on any other non-immigrant visa will be unable to register in a program of studies at MIT.

    The F-1 Visa

    This option is normally used by those who enroll as full-time students at an approved educational institution. It is obtained by presenting the Form I-20 to a US consulate or embassy and submitting an application for an F-1 visa. F-1 students are expected to attend the school that issued the Form I-20 and to maintain a full course of study while in the United States. Students whose studies are funded by their families or other private sponsors are normally issued the Form I-20. Upon arrival in the United States, students will be granted permission to remain in this country for the period of time required to complete their programs of study.

    Some students hold fellowships or assistantships. Students with full assistantships, however, are not allowed to hold any additional employment on or off campus.

    Spouses and children of F-1 students may hold the F-2 visa. The F-1 student may apply for Form I-20 for each of their dependents who wish to join them in the United States in F-2 status. Those dependents will then need to apply for F-2 visas at the US embassy or consulate.

    Health and hospitalization insurance is a requirement for all F-1 students and their dependents.

    The J-1 Exchange Visitor Visa

    This visa may be used by those who come to study or conduct research as participants in an Exchange Visitor program. Students must be substantially (more than 51 percent) funded by their home government, educational institutions, international or national organizations, private companies, etc., in order to be eligible for a J-1 visa. Students on personal/family funds are not eligible for J-1 status; they must apply for F-1 status. The J-1 visa is obtained by presenting to the American Consul form DS-2019 (Certificate of Eligibility). When students accept funding from the Fulbright or any other agency of the US government or their own governments (even though it may be only a travel grant), this status carries with it a “two-year home country residency requirement,” which obliges students to return to their home countries for two years before they can apply for permanent residency or change to an H or L visa. In addition, this restriction applies to students from certain countries that have registered a list of needed skills with the United States government. Students intending to use the J-1 visa to enter the United States should ask the US Consul in their home country whether or not they will be subject to the two-year home residency requirement.

    J-1 students will be allowed to remain in the country for the period of time indicated on their DS-2019. This time may be extended, so long as they are pursuing a full course of study on authorized academic training.

    Health and hospitalization insurance is a requirement for all J-1 students and their dependents.

    English Program Requirements

    English is the language of instruction in all subjects within the Institute. All communications and texts, including papers and theses, must be in English.

    The Massachusetts Institute of Technology requires all international applicants to demonstrate a minimum English language proficiency needed to succeed in graduate school. International applicants will be required to submit English Language Proficiency (ELP) test scores in order to complete their MIT graduate application(s). More information about this requirement can be found here.

    Some international applicants may qualify for an automatic exemption from the ELP test requirement. For more information about test exemptions and eligibility, please visit ELP test exemptions page.

    If you do not qualify for an automatic exemption and would like to request a waiver for the requirement, please visit our Department ELP test waivers page. Be advised, waivers are granted on the basis of demonstrated English fluency; each department has their own set of criteria for evaluating waiver requests.

    Qualifying applicants must submit official scores from the International English Language Testing System (IELTS Academic). the Test of English as a Foreign Language (TOEFL iBT), the Duolingo English Test (DET) or the Cambridge English Qualification (C1 Advanced or C2 Proficiency exams only). Refer to department information for accepted tests and test score requirements. Scores below the required minimum may result in the withholding of the visa documentation for a candidate otherwise considered admissible.

    For more information on meeting this requirement please review the Standardized Tests page.

    Tuition and Fee Information for Doctor of Philosophy in Economics - Economics at Massachusetts Institute of Technology

    Doctor of Philosophy in Economics - Economics at Massachusetts Institute of Technology
    Massachusetts Institute of Technology
    Massachusetts Institute of Technology
    United States of America

    United States of America, Cambridge

    WhatsApp student consultation with YouApply