All pages in this guide
Start here
Build your foundation
Build your research record
Apply
Looking ahead
About
Other path
Before the PhD · Getting in
Prepare to be admitted, not just to apply.
Most students think about a PhD in terms of grades. Admissions committees think in terms of readiness: the right mathematics, real research experience, letters from people who have watched you work, and a clear sense of what you want to study and why their program fits.
Start where you are
The right next step depends on how far along you are. Pick the description closest to you.
What committees are really looking for
I have advised many students who wanted a PhD in economics, and the same five things come up every time. Strong grades help, but they are rarely what separates admitted students from the rest.
Mathematics
Real analysis, linear algebra and mathematical statistics, with good grades. The single most consistent requirement.
Research experience
Evidence that you can do research, not only take courses. Increasingly, a predoc or research assistant role.
Letters
Detailed letters from economists who have supervised your research and can compare you with other students.
Fit and maturity
A clear research interest and a convincing reason why this program is the right place for it.
The right kind of PhD
Economics, policy and business PhDs look for different foundations. Apply where your background fits.
Support
Free mentoring and application programs, especially for students from backgrounds underrepresented in economics.
Think about where you are going, too
Most economics PhDs end up working outside academia. Whatever you plan today, it costs nothing to prepare for both paths from your first year. When you get there, the Getting out ready guide covers the rest.