Name: PHD
Price: 28464 USD

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QS Rank:

University of Illinois at Urbana-Champaign

Illinois

United States

Overview

PHD in Economics at the prestigious University of Illinois at Urbana-Champaign is a prestigious degree that offers in-depth learning in Economics. Being a renowned university, University of Illinois at Urbana-Champaign receives enough funds to ensure the best education facilities for its students across all programs. This doctorate program offered full-time primarily focuses on the practical implementation of fresh ideas through rigorous study and research. The students are encouraged to add new aspects and findings to the existing area of knowledge.

PHD in Economics at UIUC is ranked globally by estimated organisations. Such recognition speaks volumes about the course’s importance and effectiveness in the present scenario.

The top-notch faculty, modern facilities, and the aura of creativity and innovation in the UIUC campus is a life-changing experience for the students looking forward to kickstarting or upgrading their careers. Overall, a PHD in Economics at University of Illinois at Urbana-Champaign is an excellent opportunity to grow into a learned professional and bring new developments in the world.

Duration

60 Months

Median Salary

$1,05,000

Ranking

#41

US World and News Report

#48

The World University Rankings

#85

QS World University Rankings

Class Profile

Class Size

100

Average Age

Average Work Experience

3 Years

Language Test Scores

Minimum Score

7.5 / 9

Minimum Score

79 / 120

Diversity

Black or African American:

14%

Hispanic or Latino:

Others:

White:

64%

Asian:

11%

Two or more races:

Admissions

Application Requirements

The University of Illinois at Urbana-Champaign requires that applicants to the PhD program in Economics have a strong undergraduate background in mathematics, statistics, and economics. Applicants should have taken at least two semesters of calculus, one semester of linear algebra, and one semester of statistics. In addition, applicants should have taken at least two semesters of economics, including microeconomics and macroeconomics. Applicants with a strong background in econometrics and mathematical economics will be given preference. The PhD program in Economics is highly competitive, and admission is based on a combination of factors, including academic record, letters of recommendation, and research statement. Applicants are encouraged to apply early.

What Really Matters When Applying

Online Application
Required
Application Fees
Required
Transcripts
Required
Three Letter of Recommendation
Required
statement of Purpose
Required
English proficiency Test
Required
Academic LOR
Required
Transcript
Required
Resume
Required

Career Outcomes

Median Earnings After Graduation

$1,05,000 / year

Prospective Job Roles

Economist

Teacher

Manager

Entrepreneur

Financial Analyst

Quantitative Analyst

Data Scientist

Policy Analyst

Researcher

Consultant

Top recruiters

Fees and Funding

Tuition Fees

$28,464 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The University of Illinois at Urbana-Champaign offers a variety of scholarships for PhD students in economics. These scholarships are based on merit, financial need, or a combination of the two. Some of the most popular scholarships include the Graduate College Fellowship, the College of Liberal Arts and Sciences Fellowship, and the Department of Economics Fellowship. The Graduate College Fellowship is awarded to students with outstanding academic records. The College of Liberal Arts and Sciences Fellowship is awarded to students with financial need. The Department of Economics Fellowship is awarded to students with a strong interest in economics. In addition to these scholarships, the University of Illinois at Urbana-Champaign also offers a variety of other financial aid options, such as loans and work-study programs.

College of Liberal Arts and Sciences Fellowship
Department of Economics Fellowship

FAQs

A student can complete Economics at University of Illinois at Urbana-Champaign with in 60.
The application fee to pursue Economics at University of Illinois at Urbana-Champaign is USD 90 for international students.
The annual tuition fee to pursue Economics at University of Illinois at Urbana-Champaign is USD 28464.
The submission of these scores mainly depends on the type of degree/ course selected at the University of Illinois at Urbana-Champaign. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of Illinois at Urbana-Champaign requirements before submitting a score.
Economics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
If a student fulfils all the eligibility criteria and admission requirements of University of Illinois at Urbana-Champaign, they can easily pursue Economics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
An MS degree at University of Illinois at Urbana-Champaign can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of Illinois at Urbana-Champaign website to check the course/ degree duration.
One can apply for scholarships to pursue their international education at University of Illinois at Urbana-Champaign by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.