PhD in Economics

The PhD in Economics program at Masaryk University is meticulously designed to cultivate the next generation of economists who will shape and influence economic theories and policies globally. This esteemed program is housed within the Faculty of Economics and Administration, a hub of academic excellence where students engage with complex economic concepts and quantitative methodologies. Over the course of 48 months, PhD candidates are immersed in a rich curriculum that encompasses rigorous coursework, advanced research methodologies, and comprehensive training in various areas of economics. The program's structure encourages a deep understanding of both theoretical frameworks and practical applications in economics.

Students will delve into a diverse range of specialized topics, including behavioral economics, development economics, and econometrics. The curriculum features core courses such as Microeconomic Theory, Macroeconomic Theory, and Research Methods, alongside elective options that allow for personalized academic exploration. Through a combination of traditional lectures, seminars, and hands-on workshops, students are equipped with the analytical tools necessary to conduct high-level research and contribute original work to the field of economics. Opportunities for interdisciplinary collaboration further enrich the academic experience, as students can engage with faculty from related disciplines such as political science, sociology, and environmental studies.

The faculty involved in the PhD program at Masaryk University are renowned experts in their respective fields, bringing a wealth of knowledge and real-world experience to the classroom. They employ innovative teaching methodologies that emphasize critical thinking, problem-solving, and empirical analysis. Faculty members actively publish in leading academic journals, ensuring that the curriculum is always aligned with the latest developments in economic thought. This environment fosters a culture of inquiry and academic rigor, where students are encouraged to challenge existing paradigms and develop their theories and models.

Moreover, one of the standout features of the PhD in Economics at Masaryk University is the abundance of research opportunities available to students. The university is committed to supporting ambitious research projects, offering access to extensive databases, research centers, and funding for academic conferences. Students can work closely with faculty on cutting-edge research, contributing to publications and gaining invaluable experience that enhances their academic profiles. The university's involvement in various research initiatives also opens doors for collaboration with industry partners and governmental organizations, further bridging the gap between theory and practice.

Internships and industry connections play a vital role in the PhD experience, providing students with real-world insights and professional exposure. The program has established partnerships with numerous organizations, including the Smithsonian Institution, Library of Congress, and The Economist, enabling students to engage in impactful internships that solidify their practical skills. These experiences not only enhance learning but also significantly improve employment prospects upon graduation. Graduates of the program have successfully secured positions in prestigious institutions such as the World Bank, various NGOs, and academic roles at top universities worldwide.

Why Study PhD in Economics at Masaryk University?

• Accredited Program: The program is accredited and recognized internationally, providing a solid foundation for a successful academic and professional career.
• Diverse Specializations: Offers a wide range of specializations, allowing students to tailor their studies to their interests and career aspirations.
• Expert Faculty: Learn from leading economists and experienced professionals who are passionate about mentoring the next generation of scholars.
• Research-Oriented: Strong emphasis on research, with ample resources and support for innovative projects and academic publications.
• Global Network: Join a vibrant community of alumni and industry connections that facilitate networking and collaborative opportunities.
• Location: Located in the heart of Czechia, Masaryk University provides students with a culturally rich environment conducive to academic growth.

As you consider applying to the PhD in Economics, it is important to note the eligibility criteria and application requirements. Candidates must possess a minimum GPA of 3.0 on a 4.0 scale and should have completed at least 15 years of education, culminating in a bachelor’s degree. Additionally, proficiency in English is required, which can be demonstrated through standardized tests such as the IELTS or TOEFL. Minimum scores of 6.5 (IELTS) or 79 (TOEFL) are expected for consideration.

Application requirements include a completed application form, a non-refundable fee, transcripts, a statement of purpose, a resume, and letters of recommendation from both academic and professional sources. The application process is competitive, with an acceptance rate around 35%. Interested applicants should submit their documents before the April 30th, 2025 deadline for Fall intake.

The alumni of the PhD in Economics program at Masaryk University have gone on to make notable contributions across various sectors, including academia, public policy, and private industry. Testimonials from graduates highlight the transformative experience of the program, emphasizing the supportive faculty, rigorous curriculum, and the enriching research opportunities that prepared them for successful careers. With a median base salary of 110,000.00 CZK, graduates are well-positioned to enter the job market with competitive earning potential.

In summary, the PhD in Economics at Masaryk University is an exceptional opportunity for students seeking to advance their knowledge and skills in economics. With a robust curriculum, accomplished faculty, comprehensive research opportunities, and strong industry links, this program equips students to excel in their future careers while contributing meaningfully to the field of economics. Join us in shaping the economic landscape of tomorrow!