PhD Track



The PhD Track in Economics consists of the first two years (coursework period) of a five-year PhD program in Economics. Courses are entirely taught in English. It is aimed at students with a strong desire for research in quantitative economics.

The program heavily relies on advanced quantitative methods for both theoretical and empirical analysis. During the first year, students take advanced core courses in microeconomics, macroeconomics and econometrics. They also engage in research projects under the supervision of faculty and acquire a first hands-on contact with research. During the second year, students will follow advanced methodological courses, and specialize in subfields of economics. By the end of that year, they should be at the research frontier within their main area of specialization and have gained successful research experience. They also write a first research paper for their PhD thesis.

At the end of the second year, students who has achieved sufficiently good grades, have written a research proposal and found a potential PhD supervisor within CREST may progress to the dissertation period (three years) of the PhD program. Progress is conditional on securing funding and IP Paris and CREST will do their best to help candidate to obtain such funding (e.g., IP Paris provides a limited number of three-year doctoral fellowships). During the second year of the program, students who specialize in financial economics or economic theory and decision sciences may also apply to the PhD program at HEC Paris.

Language of instruction: English

Oriented: Research

Duration: 2 years (coursework period), followed by the three-year dissertation phase (PhD).

Courses Location: IP Paris – Ecole polytechnique, ENSAE Paris, and HEC Paris

Educational Objectives

The goal of this program is to provide an advanced training in economics at the highest international level with a strong emphasis on advanced quantitative methods for both theoretical and empirical analyses.

In the first year, students get acquainted with the most important analytical techniques used in economics. The training is mostly devoted to acquiring the most important tools in microeconomics, macroeconomics and econometrics through a complete core course training, as well as completing a research internship.

During the second year, the PhD track offers dedicated advanced courses in microeconomics, macroeconomics and econometrics. Students also specialize by selecting field and specialization courses in a variety of sub-areas of economics. In some of these courses, they hand in supplementary work based on study of academic literature and on personal research. Fields of excellence at our CREST research center (and HEC Paris research group), and potential areas of specialization, include:

  • Econometric theory
  • Environmental and development economics
  • Finance
  • Game and decision theory
  • Industrial organization and digital economics
  • International economics
  • Labor economics
  • Macroeconomics
  • Public economics

Throughout the second year, students will regularly spend time within the research centers and will be allocated an individual advisor among the program faculty. They regularly attend CREST research seminars, conduct a research project and write a master’s dissertation under the supervision of a faculty member.

Program Structure

Detailed information is available on the MiE website (M1).

Detailed information is available on the MiE website (M2).

Involved Laboratories


The program prepares students to start their doctoral dissertation at the end of the second year. Although the program is mainly designed as the coursework period of the PhD program, some students may decide, at the end of the two years, to look for job opportunities. Given the wide variety of courses, seminars, projects and internships proposed during the master; there are many job opportunities available, for instance in government agencies, international organizations, consulting, finance. Students may also prefer to join PhD programs in other international universities.

Institutional Partners

HEC Paris


Application guidelines for a PhD Track at IP Paris

Academic prerequisites

Bachelor in economics, mathematics or social sciences (or the equivalent)with highest honors.

A strong background in mathematics and evidence of research potential are essential, as the main goal of the PhD program in economics is to train first class researchers. We expect competition to join the program to be high; therefore, even strong results in a very good bachelor program may not guarantee admission to the program.
A GRE certificate is strongly recommended. This allows students to demonstrate the strength of their quantitative skills.

Students who have completed the first year of an equivalent program may exceptionally be directly admitted to the second year (4-year PhD program).

Language prerequisites

English  – Level B2. (Students who studied in English speaking Colleges are exempted).

Application timeline

The deadline for PhD Track application is February 28, 2020 – Extended to March 22, 2020
Eligible applicants on the basis of the provided documentation will be contacted for an interview from the 15th of March onwards.

You shall receive an answer 2 months after the application deadline of the session.
You can check your application status by logging in your candidate space.

Tuition Fees

Annual tuition fees for year 1 and 2 (MSc): for PhD track students IP Paris has decided to subsidize the tuition fees for Years 1 and 2 bringing them down from 6250 Euros (non EU students) / 4250 Euros (EU students) to the level of the official tuition fees of the Ministry of Higher Education, Research and innovation for EU students (243 Euros in 2019-2020) 
Annual tuition fees for year 3 to 5 (PhD): Official tuition fees of the Ministry of Higher Education, Research and innovation ( EU and non EU students pay the EU fees ; 380 euros in 2019-2020)
An annual scholarship may be granted to the best applicants for the first 2 years (MSc). Modalities will be communicated by February 15th 2020.
Successful applicants will obtain a three-year PhD scholarship for year 3 to 5.