Scopes after PhD in Economics


The Economics as a subject is a very important course. Many students are interested in higher studies in this subject. The students who complete a graduate or a post graduate degree in economics are well aware about the fact they will get good career opportunities in this field. Economics is a subject which seems to be interesting and therefore after completion of the degree in this, one can go in for a PhD program as it may always fetch in higher career opportunities. The course in economics covers multi dimensional aspects.

In order to opt in for a PhD program, the basic requirement is a Post graduate degree in economics itself. Most of the students after the completion of the post graduation program may go in for Ph D because of the enormous career growth that it brings in.

The major opportunity which lies in the field of Economics is that it is mainly involved in the field of Research. Research oriented works are mainly safe in the hands of Economics graduates. A PhD degree should only be taken if a person has ample interests in research oriented works. Mostly the PhDs are taken by people who are involved in the Academics field. This may result in better understanding of the particular field or subject in a better manner.

Career Options after a Degree in Economics

As already mentioned a person should be a graduate in Economics to go in for the higher level of studies in the same field. After the graduation degree the students can opt in for the Masters in Economics. The students can opt in for the various specializations which are available such as

  • Applied Economics
  • Econometrics
  • Business economics etc.

A significant career option for a student who is interested in pursuing a Masters can opt in for IES (Indian Economic Service) exam which is conducted by the UPSC.

A PhD degree in economics is suitable for teaching profession. There are numerous opportunities present in both government as well as private sector colleges and Universities. The candidates can clear NET conducted by UGC for lecture posts. The remuneration in this field is pretty good when compared to others.

A PhD degree will help a person to get in to research oriented teaching profession .The candidates can also get employed in Research labs etc. After PhD one can also apply for the Junior Fellowship exams. They enjoy prominent positions while working in journals, newspapers, magazines etc in communicating their opinions related to different issues.

Hence the course of Economics in is in higher demand among the students nowadays. This high demand will bring in tremendous changes in the industry itself where in more students are inclined towards studying this subject in detail.



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6 Responses to “Scopes after PhD in Economics”

  1. 6

    I want to take admission into phd in the stream of pharmacy…so plzz let me knw the admission process…Thank u

  2. 5
    Nilofer shaikh:

    Im a graduate in ba. Economics subject wants to do ph.d.

  3. 4

    i had completed my mba(eco.) but didn’t get job related to my specalisation .so,kindly get back with more career option as per my specialisation.

  4. 3
    joshi savita prakash:

    i have completed my graduation & post graduation 4m pune university & B.ed 4M NORTH GUJARAT UNI. now i wanted to join p.hd in management or account suuject 4m any reputed university nearer to gujarat can u give me inf’n about it bcoz i am teacher in hig. sec. 4m last 5 years. pl. will u help me 4 this?

  5. 2

    i have passed my 12 and i am interested to become scientist .i wanna do ph.d in chemistry ahead,please tell me its scope and any kind of information.

  6. 1
    Ratika Datta:

    I am currently facing a problem….iam a post graduate in economics with first division and also ugc net cleared in economics…i want to take admission into phd economics directly with an institution of repute…where should i apply? kindly reply…..(i want to apply in delhi/ncr as i stay there)….