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The application for the PhD program 2023 is now closed. The in person written test (if applicable) and the online interview dates are 25th and 26th May, 2023. The shortlisted candidates will only be informed via email by the phd office ( and are requested to mark this email id as safe and so that the intimation does not go to your spam folder. 

Eligibility for Full time or Part time Ph.D. Program:

(i) M.A/M.Sc or M.Phil Degree in Economics from UGC/AICTE/approved institutions including institutions of national and state importance.

(ii) At least 55% marks in aggregate (or equivalent grade to percentage) at Master’s degree; A relaxation of 5% of marks (i.e., 55% to 50%, or equivalent grade) may be allowed for SC/ST/MBC/OBC/Differently-Abled candidates.

(iii) Applicants with valid qualifying tests scores in any one of the following tests is preferred:

UGC-JRF; UGC-NET; GATE-Economics; State level SET in Economics; Any other test approved by Nation Testing Agency for PhD admissions in Economics to an Indian University/Institution.

(iv)      Those who do not have any of these test scores should write entrance test conducted by MSE a day before the interview.

(iv)     Part-time candidate should provide employment letter and no objection letter from the employer at the time of written test/interview.


Research Areas: Preference will be given to candidates interested in research areas of Development Economics, Environmental Economics, Public Economics, Macro, Industrial Organization, International Trade, Corporate Finance, Financial Markets, Behavioural Finance, Asset Pricing.

Research Fellowship: (i) Meritorious candidates (excluding those with UGC JRF) in the Economics program may be considered for Dr. Devaki Muthiah & Dr. A.C. Muthiah Research Scholarship (4 numbers) and Institutional fellowship (2 numbers) for a period of three years from the date of joining and extendable to one more year based on their performance.

How to Apply: Eligible candidates can submit an online application form with basic details and upload a few supporting documents in digital form. The list of documents is given in the application form.

Admission Procedures:

(i) Only shortlisted applicants will be called for the admission test.

(ii) Shortlisted applicants with valid scores mentioned in Eligibility (iii) have to appear only for a (personal) interview through online mode. All other shortlisted applicants will appear for both written test and personal interview (in person).

(iii) The shortlisted applicants will be considered for final selection to the PhD program on the basis of (a) 30% from the last qualified degree exam as per eligibility, (b) 40% from one of the scores mentioned in Eligibility (iii) or the written part of entrance test and (c) 30% from personal interview.

(iv) Candidates with overall cumulative of at least 50% in the total score and a minimum of 50% in the interview will only be considered for final selection.

(v) At the time of joining, the selected candidates will submit the hard copy of the filled in application form along with a photocopy of the listed documents.

Note: Decision of the selection committee will be final and candidates will be selected as per supervisor availability in the area of their research interest. All supporting documents will be verified with the originals at the time of joining and in case of is any discrepancy, the admission shall be cancelled.

Written Test and Interview Procedure:

(i) The written test will be for a maximum of 45 minutes and candidates must answer two questions of 20 marks each.

(ii) Candidates will have to answer one question from Section A and one question from Section B. There will be 4 questions in each section to choose from.

(iii) Section A will be on Quantitative Methods; Section B will have questions from Economics. All sections will include post-graduate level syllabus commonly followed in India.

(v) Section A on Quantitative Methods will include topics in Mathematical Methods, Operations Research, Statistics and Econometrics.

(vi) Section B on Economics will include topics listed in the UGC-NET syllabus with emphasis on Microeconomics, Macroeconomics and topics on Indian Economy.

(vii) The personal interview will cover topics listed in the written test and also on the research interest mentioned in the statement of purpose.

(viii) Personal interview will be conducted by a panel of faculty from MSE. The interview will online for all candidates except for those candidates who will appear for the written test at MSE and hence will have in person interview.

Award of Degree: Awarded by the Madras School of Economics under its degree granting power as per MSE Act 2020.

Rules and Regulations: The guidelines and rules for full-time and part-time PhD program are available in Ordinance 3 (in MSE website)

Faculty and Ph.D. Scholar Profiles: Please visit the profiles of faculty members:; PhD Research Scholars: and PhD Alumni:


Important dates

Last date for submitting filled in application: 1st  May, 2023
Interview Dates and Written Test if applicable: Thursday, 25th May to Wednesday, 31st May 2023

(excluding Saturday and Sunday)

Date of joining Ph.D. program: Monday, 10th July, 2023

Ph.D. Admission – Notification

Ordinance 3
PhD Advertisement 2023-24


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