
DIW Berlin

Germany

Program Rank

95

Program Name
PhD in Economics

Deadline
January 15th, 2025
Overview

The PhD in Economics program at DIW Berlin is designed for those who aspire to become leading scholars and practitioners in the field of economics. This rigorous program, offered by The German Institute for Economic Research, equips students with advanced analytical skills and a deep understanding of economic theory, empirical methods, and policy implications. Encompassing a broad range of topics, the curriculum is structured to prepare students for significant contributions to both academia and industry, creating a solid foundation for a successful career in various sectors, including government, finance, and international organizations.
Throughout the duration of the program, which spans approximately 60 months, students will engage in a variety of specialized courses that delve into contemporary economic issues. Core areas of study include microeconomic theory, macroeconomic policy, econometrics, and research methodologies. Through a combination of coursework and independent research, students will develop the ability to critically analyze complex economic problems and formulate evidence-based solutions. The program emphasizes interdisciplinary collaboration, encouraging students to draw insights from related fields such as political science, sociology, and environmental studies, thus enriching their economic perspectives.
Students in the PhD program are guided by renowned faculty members who are experts in their respective fields. Faculty members at DIW Berlin are not only dedicated educators but also leading researchers, involved in cutting-edge projects that shape economic policy both locally and globally. The teaching methodology adopted in the program includes a blend of traditional lectures, seminars, and hands-on workshops, fostering an interactive learning environment that enhances critical thinking and innovation. Regular guest lectures from industry leaders and policymakers provide additional insights and facilitate networking opportunities, further enriching the academic experience.
What sets the DIW Berlin PhD in Economics apart is the vast array of research opportunities. Students are encouraged to undertake original research that contributes to the field of economics, with access to extensive resources, including databases and research centers. Collaboration with established researchers and participation in conferences and workshops are integral components of the program, allowing students to disseminate their findings and receive valuable feedback. This commitment to research excellence prepares graduates for roles as thought leaders in various sectors, including academia, governmental agencies, and international non-profits.
Moreover, the program's strong industry connections facilitate valuable internship opportunities and career placements upon graduation. Students can benefit from DIW Berlin's partnerships with various economic institutions, think tanks, and organizations, providing a pathway to gain practical experience and develop professional networks. This support extends beyond academia, as alumni of the program have successfully transitioned into influential roles as economists, researchers, and educators, contributing to the advancement of economic knowledge and policy worldwide.
Why Study PhD in Economics at DIW Berlin?
- Reputable Institute: DIW Berlin, a leading economic research institute, provides students with an unparalleled academic experience and access to top-tier resources.
- Expert Faculty: Learn from a distinguished faculty who are active researchers and practitioners in the field, ensuring the curriculum is current and relevant.
- Comprehensive Curriculum: The program covers a wide range of topics in economics, equipping students with the essential skills required for advanced economic analysis.
- Strong Research Focus: Engage in high-impact research that addresses real-world economic challenges and contributes to scholarly discourse.
- Networking Opportunities: Benefit from direct connections with industry leaders, potential employers, and a global alumni network.
- Career Success: Graduates have a strong placement track record, with many securing roles in prestigious organizations worldwide.
In terms of prerequisites, candidates interested in applying for the PhD in Economics program at DIW Berlin should meet specific eligibility criteria. Applicants are expected to hold at least a bachelor’s degree with a minimum GPA of 3.0. Additionally, candidates should have completed a minimum of 16 years of education, which typically includes a bachelor’s and a master’s degree or equivalent qualifications. Proficiency in English is essential, and applicants must provide valid scores from the IELTS exam, with a minimum score of 7.0 required. While TOEFL scores are also accepted, they are not mandatory for admission.
The application process requires several key documents, including an official transcript, a statement of purpose, a resume detailing relevant experience, and letters of recommendation from academic and professional sources. Applicants must ensure that all materials are submitted by the January 15th, 2025 deadline for Fall intake, and are encouraged to visit the [official admission page](https://www.diw.de/en/diw_01.c.799242.en/application.html) for further details.
Graduates of the PhD in Economics program at DIW Berlin emerge as highly skilled professionals equipped to tackle complex economic challenges. Career pathways for alumni span various sectors, including roles as international economists, agricultural economists, economic historians, and educators. With an average base salary of approximately $110,000 upon graduation, the program not only provides a robust academic foundation but also delivers substantial return on investment in terms of future earning potential.
In conclusion, the PhD in Economics at DIW Berlin stands out as a premier choice for aspiring economists. The combination of a comprehensive curriculum, distinguished faculty, and exceptional networking opportunities lays the groundwork for a successful career in economics and related fields. The program's commitment to research excellence, coupled with industry connections, ensures that graduates are well-prepared to influence economic policy and contribute to scholarly knowledge.

Total Tuition Fees
$500

Duration
60 Months

Median Salary
$1,10,000

Intake
Fall ( Sept - Nov )
Class Profile


Want to Know More? 🤔
Sign up now to access detailed information tailored for your study abroad journey.
Start your journey
Career Outcomes

Median Earnings After Graduation
$1,10,000 / year

Graduation Rate
80%
Prospective Job Roles
International Economist
Economist
Agricultural Economist
China Economist
Economic Historian
Development economist
World Bank Economist
Secondary School Teacher
Teacher of English as a Second Language
Top recruiters










Eligibility Criteria

At least 3 / 4 undergraduate GPA is expected.

At least 16 years of bachelor degree.
English Proficiency Tests
IELTS
7
TOEFL
90
Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

Application Fee: n/a
Transcript
Passport
Statement of Purpose
Resume
IELTS
Academic LOR
Professional LOR
Application Deadlines
Standard Deadline | |
---|---|
Fall | Jan 15, 2025 |
Fees and Funding

Tuition Fees
$100 / year

Overall Cost
$15,000 / year
FAQs
After the application deadline, the selection committee will make a first selection based on the received electronic applications. If you are selected, you will then receive an invitation for a personal interview. Final decisions will be made shortly after the interviews. Please refrain from any inquiries about the status of your application until at least four weeks after the application deadline.
Yes, provided you have a sufficient background in economics or business studies.
You will need to provide the following documents with your application: Motivation letter (max. 2 pages): this should state your motivation for applying to the program and should include a short outline of your major research interests; Detailed curriculum vitae (without photograph); Copies of academic transcripts and other certificates; Two letters of recommendation by academic referees; GRE scores (institution code 0096); and IELTS or TOEFL scores if applicable.
The next application phase (for 2025 intake) will start on October 15, 2024. Until then, no applications will be considered. Application is done online via our application portal (the link to the portal will be made available only during application period). Please complete and submit your application as quickly as possible, as referees must also submit their letter of recommendation before the deadline! Incomplete applications as well as applications sent via email will not be considered
Ready to elevate your study abroad journey?
Book a call with us now and take the first step towards your global future!
We Value Your Privacy
We use cookies to improve your experience, analyse performance, and personalise content. Learn more in our Privacy Policy.