Great Lakes Institute of Management, Chennai
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MODE
Full timeDURATION
72 MonthsDoctorate of Philosophy (Ph.D.) in Economics is a full-time research course that shall be for a minimum duration of three years, including coursework and a maximum of six years. Extension beyond the above limits will be governed by the relevant clauses as stipulated in the Statute/Ordinance of the individual Institution concerned and offered by the Indian Institute of Foreign Trade, Delhi.
The eligibility criteria for applying to IIFT’s Ph.D. in Economics (Full Time) program are the following:
A. Indian Scholars -1. Master’s degree in Economics from a recognized university with at least 55% marks (or its equivalent grade ‘B’ in the UGC 7-point scale or an equivalent grade in a point scale wherever the grading system is followed) in aggregate. A relaxation of 5% of marks, from 55% to 50% may be allowed for those belonging to SC/ST/ OBC(NCL)/differently-abled and other categories of candidates as per the decision of the University Grants Commission (UGC) from time to time. A relaxation of 5% of marks, from 55% to 50% may also be allowed for those who had obtained their Master’s degree before 19th September 1991. The eligibility marks of 55% (or an equivalent grade in a point scale wherever the grading system is followed) and the relaxation of 5% to the categories mentioned above are permissible based only on the qualifying marks without including the grace mark procedures. 2. Candidates who are in the final year of the Master’s degree in Economics are also eligible to apply. However, if selected, their admission will be on a provisional basis. Admission of such candidates who join the Ph.D. Program on a provisional basis but fails to obtain minimum percentage in the Master’s degree examination (as defined in A above) is liable to be canceled forthwith. Such candidates should immediately inform the Institution of the declaration of her / his results. Admission of candidates who do not inform the Institute of such a situation will automatically stand canceled on 08th December 2021. No request for an extension of time for reevaluation, etc. will be entertained. 3. Candidates possessing a Degree considered equivalent to M.Phil. Degree of an Indian Institution, from a Foreign Educational Institution accredited by an Assessment and Accreditation Agency which is approved, recognized, or authorized by an authority, established or incorporated under a law in its home country or any other statutory authority in that country to assess, accredit or assuring quality and standards of educational institutions, shall be eligible for admission to the Ph.D. program. 4. No Age limit.
B. Overseas Scholars -1. Overseas candidates who have a Master’s Degree in any discipline from a recognized university with at least 55% marks (or its equivalent grade ‘B’ in the UGC 7-point scale or an equivalent grade on a point scale wherever grading system is followed) in aggregate can apply for the Ph.D. program. 2. Minimum knowledge of spoken and written English is essential.
A two-stage process is followed for admission to IIFT Ph.D. Program.
Stage I: All the eligible candidates will be called for the Written Entrance Test, comprising of Microeconomics, Macroeconomics, Statistics, Econometrics, and mathematics (at least up to Graduate Level). It is important to note that the Written Entrance Test is a screening test.
Stage II: Candidates who would qualify for the Written Entrance Test will be called for the Interview.
Globally Recognized by AACSB (US) & AMBA (UK) | 18 LPA Avg. CTC for PGPM 2026
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Last Date to Apply: 15th December 2026 | Average CTC: 16.4 LPA | Up to 100% Tuition Fee Waiver
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