Presentation on theme: "Dr. Laura Dawson Ullrich March 27, 2014. Grade Point Average Requirement varies, but most require a GPA of greater than 2.75 GRE/GMAT Focus is."— Presentation transcript:
Grade Point Average Requirement varies, but most require a GPA of greater than 2.75 GRE/GMAT Focus is on the quantitative portion of the exam TOEFL (for international students) English Speaking Exam (for international students)
Math Courses Varies by school, but typically includes… Calculus I Calculus II Calculus III Linear Algebra Differential Equations Statistics
Stage 1: Core Classes Culminates in comprehensive exams at the end of the first year in micro, macro, and sometimes econometrics Stage 2: Field Courses Culminates in field exams, a field paper and/or oral exams Stage 3: The Dissertation Generally a 2-3 year process of writing and research
Unlike in many other countries, the vast majority of Economics PhD students in the US receive full funding of their studies 80 – 90 percent These packages generally include the following: Full tuition payment Waiver of most/all student fees A stipend received in exchange for 20 hours worked as a teaching or research assistant. Range somewhere between $13,000 and $25,000 per year.
Located in Knoxville, Tennessee 21,171 students (21,033 undergraduate and 6,138 graduate) 11 Colleges 300+ Academic Programs
Facts about the Economics Department 25 Faculty 6 Full Professors 8 Associate Professors 6 Assistant Professors 5 Lecturers Administers 3 Undergraduate Degrees BA in Economics (Arts and Sciences) BBA in Economics (Business School) BBA in Public Administration (Business School) 36 Graduate Students Includes both Master’s and PhD No terminal Master’s program Over 50% of students are international
Admissions Facts (from 2013 entering class) Acceptance Rate: 37% Number of Students Offered Funding: 22 Number Enrolled with Funding: 9 Mean GPA: 3.7 Mean GRE – Math: 163 (88 th percentile) Mean GRE – Verbal: 158 (77 th percentile)
Required Coursework at a Glance: Core:21 Hours Fields of Specialization: 12 Hours Economics Electives:6 Hours Graduate Electives:9 Hours Dissertation: 24 Hours Total 72 Hours (minimum of 8 semesters)
First Year Semester 1: Mathematical Methods and Economics (offered during pre-semester “math camp”) Microeconomic Theory I Macroeconomic Theory I Elements of Econometrics Semester 2: Microeconomic Theory II Macroeconomic Theory II Elements of Econometrics II
Comprehensive Exams At the end of the first year, students must take comprehensive exams in macroeconomics and microeconomics Students take exams in June following the first year Students can receive a grade of fail, pass at MA level, or pass at PhD level Students who fail must retake the exam(s) again in August If they fail the second time they are dismissed from the PhD program (but may continue in the MA program if course grades are satisfactory).
Second Year Students begin field courses and electives. Four fields are offered. Each field course is offered every other year. Public Finance Environmental Economics International Economics Industrial Organization Semester 1: Field Course I Microeconometrics Elective I Semester 2: Field Course II Time Series Econometrics Elective II
Second Year “Field Paper” Students must write a field paper in their second year, which is due July 29 th following the second year. Students who do not ‘pass’ the field paper can resubmit the following December 1 st Students are encouraged to work with an advisor who will become their dissertation advisor Goal is to produce a publishable paper
Third Year Continuation of Field Courses and Electives Semester 1: Second Field Course I Elective III Elective IV Semester 2: Second Field Course II Elective V
Fourth Year Dissertation committee is formed 4 committee members 3 from Economics Department and 1 from outside Primary advisor must be tenured (faculty members typically have no more than 2 PhD students at a time) Dissertation proposal is defended Attend conference(s) Participate in research seminars
Fifth Year Finish writing dissertation Enter job market on October 1 st Attend conference(s) Participate in seminars
Funded students can receive funding for five years. Students may appeal to received funding for a sixth year. Students are assigned as teaching assistants, teaching associates or research assistants “Better” jobs exist in the Center for Business and Economic Research, the Howard Baker Center and a couple of other university centers Students receive $17,000 payment a year and also receive free health insurance Including tuition waiver, this is a benefit of around $40,000 per year Students must maintain a GPA of 3.25 to maintain funding.
Professors in the US tend to have an ‘open door’ policy, so students have significant access to advisor(s). Each graduate student is provided with an office (shared) as well as a computer and other office supplies. Students have access to a 31 page Graduate Student Handbook that outlines all program requirements/guidelines.