Ph.D. Program

The main information source for applicants is this website. For further information related to the admission process please contact Ms. Marie Stanovská (marie[dot]stanovska[at]fsv[dot]cuni[dot]cz). You can also read FAQs.

 

1) About the Ph.D. in Economics

The Ph.D. program concentrates on economic theory and its applications in economic and financial analyses. The program focuses on the modeling and analyses of economic processes and the behavior of economic agents, using modern microeconomics, macroeconomics, econometrics, econometrics and finance. The doctoral program aims to prepare highly qualified and trained experts for academia, international organizations, financial sector as well as for the other industries.

The Ph.D. program provides excellent research training in both economic theory and applied economics. The essence of the program is economic research of your interest. Research papers accepted for publication during your Ph.D. studies are the core requirement. The program further includes numerous opportunities for research seminars, teaching and research assistantships. Moreover, students have possibilities for a variety of research visits to the best universities in the world. The program usually takes four years to complete. Students are expected to work closely with their academic supervisors as well as other researchers.

 

2) Forms of the Ph.D. in Economics

IES offers applicants two Ph.D. programs in Economics (Czech and English), each in presence and distant form. The difference between presence and distant form resides in the requirements and stipends.

2.1) Czech program

The Czech program is intended for Czech-speaking students. Students do not pay any tuition fee. In the application form you need to select Czech as a language of instruction to apply to this program.

2.2) English program

For foreign students, there is an English program for which you need to pay the tuition fee in case of the presence as well as in the distant form. The tuition fee is expected to amount to €500 per an academic year. However, in case of the presence form, students can ask for a relief after the first semester if all obligations are met (the decision about the relief is left to the doctoral council). In the application form you need to select English as a language of instruction to apply to this program.

 

3) Requirements during the study

The requirements vary across the type of the study. All requirements contain: publications, doctoral seminars, teaching, conferences, grant activities, presence at pre-defenses and defenses, supervising and referring bachelor and diploma theses (the detailed description about the requirements can be found here in the handbook for doctoral studies).

 3.1) Czech program

In case of the Czech program, all requirements are demanded both in presence and distant form.

3.2) English program

In case of the presence form of the English program, all requirements need to be met. In case of the distant form of the English program, only certain (distant) requirements are demanded. These are: publications, supervising and referring bachelor and diploma theses.

The table below summarizes the basic overview of possible varieties of the Ph.D. program at IES.

Form

Tuition

Stipends

Requirements

Czech (presence)

No tuition fee

Get stipends

All

Czech (distant)

No tuition fee

Do not get stipends

All

English (presence)

EUR 500 per academic year, the council can relieve

Get stipends

All 

English (distant)

EUR 500 per academic year 

Do not get stipends

Distant 

 

4) Application

You can apply online here where you can upload all necessary documents (see below). All information provided in the online application must be correct and complete. There is no need to print the application form and send it in a paper form to the study department.

You need to pay a small application fee. The Faculty of Social Sciences charges 540 CZK for the costs of entrance exams. Applicants whose application form does not contain the documentation of a registration fee payment shall not receive an invitation to participate in the entrance exams. The fee is non-refundable, even if the applicant decides afterwards not to attend the entrance exams. The recipient is Charles University, Faculty of Social Sciences, Smetanovo nábřeži 6, Praha 1. The bank is Komerční banka, Praha 1, the bank account 85033011/0100, variable symbol 205, constant symbol 0308.

The day of the deadline to submit your application is 30th April, 2018

 

5) Conditions for applicants 

For both programs, the applicant needs to meet the following conditions:

  • Completion of a master program.
  • A positive approval of the admission committee.

Required attachments are as follows:

  • Certificates of graduate education.
  • Transcript of undergraduate and graduate education (a list of courses taken and grades).
  • Curriculum Vitae (structured, and with a list of publications).
  • Evidence of advanced knowledge of English language (if available).
  • Dissertation research project (min. 3 pages).
  • Dissertation research project abstract (max. 200 words).
  • In case of the Czech program, evidence of knowledge of Czech language level C2 (not required for native speakers).

Highly recommended attachments:

  • One recommendation letter of a prospective supervisor, preferably affiliated with the Institute of Economic Studies, Faculty of Social Sciences of Charles University.
  • One recommendation letter of an academician.
  • Any additional relevant documents (such as certificates of language skills). These might or might not be considered by the admission committee.

Specification for the academic letters of recommendation:

  • Both recommendation letters should be attached to the application and also sent via email to the Director of the Graduate Studies at the Institute of Economic Studies Faculty of Social Sciences of Charles University, Prof. Evžen Kočenda (evzen[dot]kocenda[at]fsv[dot]cuni[dot]cz), and in a copy to the administrator of the application process, Jan Žáček (jan[dot]zacek[at]fsv[dot]cuni[dot]cz
  • The letter of a prospective supervisor should confirm the willingness of the preferably IES-associated academic economist to be the applicant’s supervisor in case of a successful application. Please see the lists of current faculty and external lecturers for inspiration.
  • The second letter should be written by an academician that can provide an academic and professional evaluation of an applicant.

Specification for the dissertation research project:

  • The dissertation research project (as well as the abstract) addresses the Ph.D. dissertation thesis proposal.
  • For inspiration visit personal webpages of our current Ph.D. students and inspect their individual study plans, or see an example here.

 

6) Admission procedure

6.1) Czech program

The entrance exam is part of the admission procedure. The entrance exam is held in English and it consists of two parts completed in one day. The written tests account for 50 % of the overall score. The remaining 50% points are allocated to the interview. The maximum points that can be earned during the exam is 100. In the written part of the entrance exam, each question is assessed by a certain given amount of points, and only completely correct answers are awarded by a full amount of points (otherwise 0). The applicant can obtain 50 points in the written part. The remaining 50 points can be obtained during the interview. The committee evaluates the quality of the submitted dissertation project (20 points), an ability of the applicant to present and defend the intended research interest (20 points) and further expertise beyond the written test (10 points). The committee arrives at the final score by summing the points in both parts of the entrance exam.

a) Written tests

  • The applicant selects two tests out of four available options which are: econometrics, finance, macroeconomics and microeconomics. Applicants have 120 minutes to complete these two tests.
  • The recommended literature for the entrance exam includes those recommended in the respective master-level courses taught at the IES: microeconomics (JEM003), macroeconomics (JEM004), econometrics (JEM005), finance (JEM 032, JEM034, JEM035, JEM036).

b) Interview

The interview with an examination committee is intended to evaluate applicants’ research abilities, including an assessment of the proposed dissertation research project submitted by the applicant, and a review of the applicant's previous research. The candidate's motivation and overall maturity is considered as well. The interview serves also as an oral exam of the English language, testing the applicant's understanding of economic English. A very good knowledge of English is required for admission.

6.2) English program

There is no entrance exam as a part of the admission process. It is assumed that the applicant possesses professional knowledge at the level of a graduate of the IES master program. The admission committee leads a technical debate about the quality of an applicant. The committee evaluates documents submitted by the applicant, especially the quality and the topic of the research proposal (max. 50 points). The committee also evaluates the motivation and overall preparation of an applicant for research and the doctoral studies (max. 50 points). The applicant can receive max. 100 points. The admission committee can ask for additional documents if necessary.

 

7) Other

GEMCLINE research visits

All PhD students (including 2018/19 1st year’s students) are eligible for receiving financial support for at least 1 month long research visit to variety of the best universities from USA, Canada, New Zealand, Australia, South Africa, Singapore and Chile. The research visit will be supported through the GEMCLIME (www.gemclime.cuni.cz) project.

Center for Doctoral Studies 

Prospective as well as current Ph.D. students of the Czech form of the Ph.D. program can apply for positions at the Center for Doctoral Studies (CDS). The CDS has altogether six paid positions and helps to organize Ph.D. in Economics at IES. It is an opportunity for Ph.D. students to help them fund the studies. The deadline for CDS applications is usually in spring (to be detailed by April) and the interviews are held during June.

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