PhD in Development Economics: Scholarships, Distance Learning, Syllabus, Colleges

PhD in Development Economics is offered by some of the top-ranked universities present across the globe. It is usually a 36-month to 60-month programme that is ideal for students with a Master’s degree in any discipline of Economics. Development Economics focuses on the improvement of the economic, social, and financial conditions of developing countries. This branch of economics is the study of education, health, international and domestic development and economic policies, working conditions, and global and indigenous market conditions to focus on ameliorating the economic and social conditions in the emerging and developing economies of the world.

Why Choose PhD in Development Economics?

Opting for this doctoral programme enables scholars to become researchers of tomorrow. PhD students work with their supervisors, who guide them with their research and thesis. PhD degree holders can use their research to work toward the upliftment of the weak strata of developing nations by helping governments in policy-making, guiding enterprises in their CSR initiatives, becoming professors, or working with NGOs engaged in health and education. Students of this course acquire statistical skills, improve their cognitive abilities, and employ critical thinking and reasoning to view international economics and the local economy. 

PhD in Development Economics Abroad

To study from some of the illustrious development economists of the world, people with a bachelor’s and master’s degree in economics or related fields and a passion for growth and development can apply for this course in numerous universities in the United Kingdom, United States of America, Canada, Italy, Hong Kong, Japan, Canada, and South Korea. Universities of these countries impart knowledge about the fiscal, social, and economic conditions of developing nations and emerging markets to create academicians, researchers, policymakers, entrepreneurs, and philanthropists of tomorrow. 

Also Read: Masters in International Economics

List of Top Universities

International students can opt for PhD in Development Economics from the below-mentioned universities:

Universities/Colleges	QS World University Rankings 2023
King’s College London, UK	37
University of Birmingham, UK	91
SOAS University of London, UK	443
University of East Anglia, UK	342
University of Sussex, UK	240
University of Greenwich, UK	801-1000
The University of Edinburgh, UK	15
London School of Economics and Political Science, UK	56
University of Oxford, UK	4
Institute of Development Studies, UK	–
University of Auckland, New Zealand	87
The Hong Kong Polytechnic University, Hong Kong	65
University of Guelph, Canada	591-600
University of Ottawa, Canada	237
Portland State University, USA	1201-1400
Johns Hopkins University, USA	24
University of Wisconsin-Madison, USA	83
The Ohio State University, USA	140
Universiti Pendidikan Sultan Idris (UPSI), Malaysia	801-1000
Kyung Hee University, South Korea	270
Kyoto University, Japan	36
University of Florence, Italy	460

Read: PhD in Economics

Fees

Annual fees of this doctoral programme in some of the top universities of the world are displayed in the table below.

Universities	Annual Fees
The University of Edinburgh	£23,350 (INR 23,49,095)
LSE	£20,928 (INR 21,05,433)
University of Oxford	£26,450 (INR 26,60,966)
King’s College London	£24,360 (INR 24,50,704)
University of Birmingham	£20,340 (INR 20,46,278)
SOAS University of London	£20,800 (INR 20,92,555)
University of Auckland	NZ$7,454 (INR 3,86,038)
The Hong Kong Polytechnic University, Hong Kong	HK$84,200 (INR 8,85,384)
The University of Guelph	CAD 13,120 (INR 7,90,870)
University of Ottawa	CAD 6,366 (INR 3,83,759)
Portland State University	$67,617 (INR 55,78,960)

Eligibility Criteria

Candidates applying for PhD in Development Economics must have completed the requisite degree programmes and cleared the relevant English language proficiency test. Given below are the minimum requirements to be considered for this doctoral programme in universities abroad:

• Candidates must have a bachelor’s degree from a recognised university.
• Applicants must have completed their master’s degree in Development Economics or any other domain of Economics.
• Graduates must have cleared TOEFL/PTE Academic/IELTS and scored the minimum score, as mandated by the university of interest.
• Applicants must have valid passports and requisite documents.

Application Process

To apply for this doctorate-level course, international students are advised to refer to the official website of the university of interest and follow all the mandatory requirements. Or you can reach out to Leverage Edu where study abroad experts will help you manoeuvre through the application, visa, and accommodation process. We will also assist you with your financial needs. Experts at Leverage Edu will help you in the following ways:

• We will help you select universities through our AI University Course Finder.
• We will now proceed with your application at the shortlisted universities.
• We will guide you in gathering and compiling LORs, SOPs, Portfolios, and IELTS/PTE/TOEFL Scorecards.
• We will then process the application for accommodation after submitting your university application form and the required documents.
• You will receive your offer letter within 4-6 weeks.
• We will also assist in student visa applications, scholarships, and student loans. 

Required Documents

Applicants need to produce the following documents to conclude their application processes:

• Academic Transcripts
• Passport
• Student Visa
• Resume/CV
• Scorecards
• Scorecards of English Proficiency Tests
• Statement of Purpose
• Letter of Recommendation
• Writing Samples/Portfolio
• Proof of Finance

Scholarships

Indian students planning to pursue PhD in Development Economics can apply for government and private scholarships to complete their degree with some financial assistance. Scholars can avail of these study abroad scholarships by applying on the official website of the administering body of the respective scholarships.

Here is a list of some of the readily available scholarships for PhD programmes:

Scholarships	Benefits
AAUW International Women’s Fellowship	$50,000 (INR 41,15,125) for a year
DAAD Scholarship Germany	Tuition Fees; Health Insurance; Accompanying Allowance for child/spouse; Travel Allowance for Applicant
Commonwealth Scholarship	Monthly Stipend of €1,236 (INR 1,10,882) or €1516 (INR 1,36,001); Air Tickets for two round trips; Additional Grants and Allowance
Friedrich Nauman Foundation Scholarship	Monthly Stipend of €800 (INR 71,768) -€1200 (INR 1,07,655)
Destination Australia Programme	$15,000 (INR 12,32,401) per annum
Fulbright Nehru Doctoral Research Fellowship	Monthly Stipend; Tuition Fees
Vanier Canada Graduate Scholarships	CAD 50,000 (INR 30,05,883) per annum

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Also Read: World Bank’s Robert S. McNamara Fellowship

Syllabus

PhD in Development Economics is a three to five-year programme. This research-based academic programme is segregated into 6 to 10 semesters. All the universities have distinct curricula, but the core subjects remain the same. Given below are the core subjects of this doctoral programme:

• Advanced Economic Theory
• Public Finance
• International Trade
• Economics of Planning
• Finance
• Economics of Energy
• Economic Governance
• Political Economy of Development
• Development-led Governance
• Economics of Computer Science and Information Technology (IT)
• Agrarian Development
• Economics of Education
• Warfare Economics
• Industrial Economics
• Impact of Financial Imperfections on Macro-Economics
• Urbanisation
• Rural Development
• Health and Education
• Labour 
• International Macroeconomics
• Migration

Career Scope

PhD in Development Economics can help you gain employment in the following roles:

Job Titles	Annual Average Salary in India
Political Scientists	INR 7 lakh
Economist	INR 14 lakh
Financial Consultant	INR 5.2 lakh
Assistant Professor	INR 9.5 lakh
Economic Researcher	INR 16 lakh
Economic Advisor	INR 38 lakh
Professor	INR 16 lakh

Also Read: Common Careers With An Economics Degree

FAQs

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