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

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PhD in Development Economics

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/CollegesQS World University Rankings 2023
King’s College London, UK37
University of Birmingham, UK91
SOAS University of London, UK443
University of East Anglia, UK342
University of Sussex, UK240
University of Greenwich, UK801-1000
The University of Edinburgh, UK15
London School of Economics and Political Science, UK56
University of Oxford, UK4
Institute of Development Studies, UK
University of Auckland, New Zealand87
The Hong Kong Polytechnic University, Hong Kong65
University of Guelph, Canada591-600
University of Ottawa, Canada237
Portland State University, USA1201-1400
Johns Hopkins University, USA24
University of Wisconsin-Madison, USA83
The Ohio State University, USA140
Universiti Pendidikan Sultan Idris (UPSI), Malaysia801-1000
Kyung Hee University, South Korea270
Kyoto University, Japan36
University of Florence, Italy460

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.

UniversitiesAnnual 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 AucklandNZ$7,454 (INR 3,86,038)
The Hong Kong Polytechnic University, Hong KongHK$84,200 (INR 8,85,384)
The University of GuelphCAD 13,120 (INR 7,90,870)
University of OttawaCAD 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:

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:

ScholarshipsBenefits
AAUW International Women’s Fellowship$50,000 (INR 41,15,125) for a year
DAAD Scholarship GermanyTuition Fees; Health Insurance; Accompanying Allowance for child/spouse; Travel Allowance for Applicant
Commonwealth ScholarshipMonthly 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 ScholarshipMonthly 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 FellowshipMonthly Stipend; Tuition Fees
Vanier Canada Graduate ScholarshipsCAD 50,000 (INR 30,05,883) per annum

Want to study abroad but are worried about expenses? Let Fly Finance help you.

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 TitlesAnnual Average Salary in India
Political Scientists INR 7 lakh
EconomistINR 14 lakh
Financial ConsultantINR 5.2 lakh
Assistant ProfessorINR 9.5 lakh
Economic ResearcherINR 16 lakh
Economic AdvisorINR 38 lakh
ProfessorINR 16 lakh

Also Read: Common Careers With An Economics Degree

FAQs

Q1. What is PhD in Development Economics?

Ans. It is a research-based focused study of the economic development of an area, state, nation, or enterprise. This course focuses on the study of finance, development, socio-economic conditions, sustainable development, and leadership. 

Q2. What job can I get after PhD in Development Economics?

Ans. This degree can help you get employment as an Assistant Professor, Professor, Financial Consultant, Economic Advisor, or Economic Researcher. 

Q3. Is Development Economics a good degree?

Ans. It is an ideal degree for people who want to transform the living conditions of underprivileged populations. This course enables students to acquire skills and knowledge that will help them transform the socioeconomic conditions of middle and low-income countries.

Learn different types of study abroad programmes with Leverage Edu. To get a free counselling session about the same contact us at 1800 572 000. 

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