PhD in Economics

The PhD in Economics program at Friedrich-Alexander-University Erlangen-Nürnberg (FAU) is designed for aspiring economists who wish to deepen their understanding of economic theory and practice. This program equips students with the analytical tools and methodological skills necessary to conduct rigorous research and contribute to the field of economics. Students will explore a wide range of topics, including but not limited to microeconomics, macroeconomics, econometrics, and international economics, enabling them to approach complex economic problems from multiple perspectives.

As part of the School of Business, the PhD program offers a highly interdisciplinary approach, combining insights from both economics and business studies. The curriculum is structured to provide students with a solid foundation in economic principles while also emphasizing practical application through case studies and real-world scenarios. The program spans over four years and culminates in a doctoral dissertation, allowing students to conduct original research that adds value to the existing body of knowledge in economics.

One of the standout features of the PhD in Economics at FAU is the distinguished faculty. The professors are not only leading researchers in their respective fields, but they are also committed to providing personalized guidance and mentorship to students. The faculty employs innovative teaching methodologies, including hands-on workshops, seminars, and collaborative research projects, ensuring that students receive a comprehensive educational experience. Their diverse areas of expertise range from behavioral economics to economic policy, offering students a well-rounded perspective on contemporary economic issues.

Research opportunities abound at FAU, with access to cutting-edge resources and research centers. The university fosters a vibrant research culture, encouraging students to engage in collaborative projects and interdisciplinary studies. The strong emphasis on empirical research equips students with practical skills that are highly sought after in academia and industry alike. Moreover, the university hosts regular conferences and workshops, providing students with a platform to present their research findings and connect with peers and industry professionals.

FAU boasts strong ties to various industries, enhancing the internship and job placement prospects for PhD graduates. The program encourages students to seek out internships and research assistant positions, which help to build valuable professional networks. Notable recruiters include prestigious organizations such as Columbia University, The Economist, and Coca-Cola, showcasing the program's reputation and the high demand for its graduates. The median base salary for PhD graduates in economics from FAU is approximately $110,000, reflecting the program's emphasis on career readiness and marketable skills.

In addition to the rigorous academic structure, the PhD in Economics at FAU is distinguished by its strong alumni network. Graduates have gone on to achieve significant success in various sectors, including academia, government, and the private sector. Testimonials from alumni highlight the program's role in shaping their careers and providing them with the tools to tackle complex economic challenges. They often praise the supportive community and the emphasis on research that characterizes the program.

Why Study PhD in Economics at Friedrich-Alexander-University Erlangen-Nürnberg?

• **Comprehensive Curriculum:** The program covers a wide range of economic topics, ensuring a thorough understanding of both theory and practical application.
• **Expert Faculty:** Learn from leading researchers who are dedicated to mentoring students and providing personalized attention.
• **Research Opportunities:** Engage in cutting-edge research with access to state-of-the-art resources and collaborative projects.
• **Industry Connections:** Benefit from strong partnerships with top organizations, enhancing internship and job placement prospects.
• **Successful Alumni Network:** Join a community of successful graduates who have made significant contributions in various economic sectors.

To be eligible for the PhD in Economics program at FAU, applicants must hold a bachelor's degree or its equivalent with a minimum GPA of 3.0 (on a scale of 4.0). Additionally, candidates are expected to have completed at least 15 years of education. Proficiency in English is required, and applicants must submit standardized test scores such as IELTS, with a minimum score of 6.0. Other application requirements include a passport, a statement of purpose, a resume, and letters of recommendation from academic and professional contacts.

In conclusion, the PhD in Economics at Friedrich-Alexander-University Erlangen-Nürnberg is an excellent choice for those seeking to advance their education and career in economics. With a robust curriculum, esteemed faculty, extensive research opportunities, and strong industry connections, this program prepares students to thrive in an ever-evolving economic landscape. Whether you aspire to work in academia, government, or the private sector, this program provides the foundation necessary for success.