The PhD program in Economics at the University of Virginia provides advanced training for students aiming for careers in research and academia. The program emphasizes a strong foundation in economic theory, quantitative methods, and early engagement with research activities. Graduates are well-prepared for positions at leading universities and research institutions. Approximately 80-90 students are enrolled in the program at any given time, with about twenty new students admitted each year. This creates a focused learning environment with small class sizes, allowing for close collaboration between students and faculty. The department provides access to dedicated computer labs equipped with modern hardware and a comprehensive selection of software to support student research and coursework.
The curriculum is designed to provide a rigorous grounding in core economic principles and econometrics, followed by specialization in chosen fields. Students are expected to complete most coursework by the end of their second year to focus on dissertation research thereafter. Participation in departmental workshops is a key component of the later years of study.
Graduates of the PhD program are well-prepared for careers in academic research and teaching at universities and colleges. Many also find opportunities in government and research institutions, particularly in the Washington D.C. area.
The University of Virginia does not offer a terminal MA degree in economics. Applications and all credentials must be submitted through the Graduate School of Arts and Sciences' online application portal.
The aid package, including living expenses, tuition remission, and health insurance, is guaranteed for 5 years, provided the student maintains good standing. Additional funding opportunities exist for the sixth year.
Applicants need a strong academic record and must submit GRE General Test scores. While a specific GPA is not listed, admission is competitive. All applications and credentials must be submitted through the Graduate School of Arts and Sciences' online portal.
Admitted students receive full tuition remission and a $36,000 annual stipend to cover living expenses. This aid package, including health insurance, is guaranteed for 5 years as long as the student maintains good standing.
The program is designed for students to complete coursework by the end of their second year, focusing on dissertation research thereafter. While not explicitly stated, the guaranteed funding for 5 years suggests a typical completion timeframe within that period, with additional funding available for a sixth year.
Graduates are prepared for academic research and teaching roles at universities and colleges. Many also find opportunities in government and research institutions, particularly in the Washington D.C. area, with typical roles including University Professor, Researcher, Economist, and Policy Analyst.
The application deadline is December 15th for Fall semester admission. All application materials must be submitted by this date through the Graduate School of Arts and Sciences' online application portal.
Yes, additional funding opportunities exist for the sixth year of study. Specific fellowships like the Bankard Pre-Doctoral Dissertation Fellowship and the Graduate School Fellowship Program are available for students engaged in dissertation research or poised to complete distinguished dissertations.