Program Objectives

The primary objective of the PhD in Economics is to educate students as research economists. In the process, students also acquire the background and skills necessary for careers as university teachers and as practitioners of economics. The curriculum includes a comprehensive treatment of modern theory and empirical techniques. Students are exposed to a broad range of applied fields and select specializations. The typical student can expect to spend two full years completing the required course work. The remaining time in the program is usually spent engaging in dissertation research and participating in seminars.

IMSciences highly emphasizes on the quality of the PhD programs for which the finest resource persons in academia are engaged and deep impacted research with learning and independence in class rooms is practiced. Our PhD program prepares students to make significant contributions in the field of applied economics. PhD in Economics at IMSciences builds the career of the students and gets them employed in the private sector and as economic analysts in different businesses, consultants to financial institutions, and applied research firms. They may also find career opportunities in international organizations such as the World Bank and the IMF as well as government and non-government organizations and universities.

Program Eligibility

MS/MPhil or equivalent degrees in relevant field of studies with a minimum CGPA of 3.00 out of 4.00 in the semester system or First Division in the annual system in the most recent degree obtained from Pakistani or foreign universities.

The applicants shall be required to submit a Statement of Purpose, which shall form an integral part of the application.

All applicants to PhD programs shall be required to take one of the following admission entrance tests:

1. Minimum 60% marks in The Graduate Record Examination (GRE) test administered by the Education Testing Service;
2. Minimum 60% marks in a graduate admission test administered by the Education Testing Council;
3. Minimum 60% marks in NTS GAT-General
4. Minimum 60% marks in the Institute’s own test.

Registrations are offered in the PhD programs throughout the year.

PhD Scheme of Studies-I

Program Structure

The students admitted to the PhD program with 18 years of relevant requisite qualification will be required to complete a minimum twenty-four (24) credit hours of coursework and thirty-six (36) credit hours of research work culminating in a thesis. A number of non-credit research seminars will be part of the program to significantly improve the research capacity of the scholars. The minimum period for completion of PhD program will be three (3) years, whereas the maximum period will be eight (8) years.

PhD Scheme of Study and Eligibility Criteria

A. Course work:  24 Credit Hours
B. Thesis:  36 Credit Hours
Total Credit Hours for PhD Program (A+B): 60 Credit Hours

Semester wise breakup of courses will be based on the following model-scheme of studies:

Semester 1

Semester 2

Year Two & Three

PhD Scheme of Studies-II

Program Structure

A student admitted to the PhD program with 16 years of requisite qualification will be required to complete a minimum forty-eight (48) credit hours and thirty-six (36) credit hours of research work culminating in a thesis. A number of non-credit research seminars will be part of the program to significantly improve the research capacity of the scholars. The minimum period for completion of PhD program will be three (3) Program Structure years, whereas the maximum period shall be eight (8) years.

The scheme of the courses and the semester wise breakup of the PhD program are given below.

A. Course work:  48 Credit Hours
B. Thesis:  36 Credit Hours

Total Credit Hours for PhD Program (A+B): 84 Credit Hours

Note: The Institute may withhold PhD Scheme of Studies-II, if HEC retracts the same.

Semester wise breakup of courses will be based on the following model-scheme of studies:

Semester 1

Semester 2

If a student successfully completes the full set of requirements for the award of an MS/MPhil (or equivalent) degree during the course of their PhD studies, the Institute may award the applicable degree to such students upon completion of the relevant requirements. Such students will complete further 06 credit hour course work or thesis dissertation.

Special Semester for Exit with MS/MPhil degree

Note: This special semester will only be completed by those students who want to exit with an MS/MPhil degree upon the completion of relevant requirements.

Semester 3

Semester 4

Year Three & Four

Core Courses

Electives