Department of Economics

Financial Aid

Financial aid is usually offered to the students in the PhD program through the first five years of graduate study. All financial aid after the first year is conditional on making good academic progress towards the PhD degree as defined in the department's PhD Handbook.


Entry into the Ph.D. program in economics is possible only in the Fall semester. The application deadline is January 1  for admission starting the following September. About 16 students enter the program each year.

All applicants must take the verbal, quantitative, and analytical sections of the Graduate Record Examination. In order to ensure that their scores reach us by January, applicants should take the GRE in October, or, at the latest, in December. Applicants whose native language is not English must also take the TOEFL examination. Further information about the GRE and TOEFL examinations can be obtained from the Educational Testing Service, Princeton, New Jersey 08540.


In preparing for the Ph.D. program in economics a student can pursue an undergraduate major in any field. However, four semesters of economic analysis and two years of calculus are required for admission. Courses in economic theory, differential equations, and linear algebra are highly recommended. A strong undergraduate record, particularly in Economics, Mathematics and other analytical subjects, provides evidence of the applicant's ability and preparation for undertaking graduate work.

For answers to specific questions about the Economics Department, contact Angelica Spertini.