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Programme Structure

The Faculty awards about 15 PhD degrees each year to students who have produced high-quality, original, and publishable research over a period of three years. Faculty Members can supervise a broad range of research areas suitable for a PhD thesis.   The basic requirement for admission to the PhD programme is that a student should have performed well in the Faculty’s MPhil programme, or in an equivalent Master’s programme elsewhere.

Students already studying for the MPhil degree at Cambridge may apply to continue to the PhD, and this is dependent on achieving a specified standard in the MPhil examinations. The Faculty prefers students who continue to the PhD to have taken the MPhil Economic Research, but it is also possible to continue to the PhD having taken the MPhil Economics

Applications for direct entry to the PhD from candidates with a high-quality Master’s degree in economics from other universities are also welcomed. If an applicant’s previous training is not considered sufficient for direct entry, a PhD candidate may be considered for admission to the MPhil Economic Research degree.  Applicants whose Master’s qualification is not from Cambridge must submit precise details of their Master’s training with their application, including the topics covered and the main required reading.

PhD applicants must submit a statement of their proposed research with his or her application. When preparing this statement please consult the research interests of Faculty members and, if possible, indicate possible supervisors for your PhD research.

PhD students are admitted from the beginning of October in the relevant year.  It is not possible to start the PhD at other times.

The First Year of Research

If accepted for the PhD degree, a student will be registered initially for the Certificate of Postgraduate Study (CPGS) in Economics. In this first year of research, the student will do a significant amount of additional coursework and will write a substantial dissertation that is likely to form the basis for one-third of the student’s eventual PhD dissertation. Those students whose performance during the first year of research indicates that they would be able to complete a PhD in reasonable time will be registered for the PhD at the end of this year. A student who continues to the PhD and wishes to count the CPGS year towards the residence requirement for the PhD will not be awarded the CPGS. A student who is not upgraded to PhD status at the end of this first year will be awarded the CPGS. A student who is upgraded to PhD status but subsequently leaves before submitting a PhD dissertation will also be awarded the CPGS.

The Certificate of Postgraduate Study in Economics will involve the following four components:

  1. General research methods training. This involves attending the Faculty’s ‘How to do Economics’ course and may also, depending on a student’s interests, be based on the Research Methods in the Social Sciences course organised by the Schools of Humanities and Social Sciences and Physical Sciences of the University of Cambridge.
  2. Advanced coursework - typically about 80-90 hours but previous graduate level coursework could offset these requirements. The coursework can be chosen from MPhil modules, PhD courses and other courses approved by the Graduate Studies Committee.  The advanced coursework will be assessed by the end of June in the first year of research.
  3. Writing a substantial dissertation (maximum length 20,000 words) that involves original work and should be capable of forming the basis for one third of the eventual PhD. The normal deadline for submission of the dissertation will be the end of June in the first year of research, although this may be extended by one month in exceptional circumstances.
  4. Attendance at: (i) a research workshop attended by Faculty members and research students, at which research students present both their own work and recent papers in the literature; (ii) research seminars given by outside speakers and Faculty members.

Whether a student initially registered for the CPGS is upgraded to PhD status at the end of the first year of research will depend on his or her performance in the four components of the CPGS.

Second and Third Years of Research

Once upgraded to PhD status, a student concentrates on his or her PhD dissertation. As research progresses, there will be opportunities to present work in progress at research workshops attended by Faculty members and research students. PhD students will also be required to attend research seminars given by outside speakers and Faculty members.