PhD in Economics


Programme Description

The PhD is the highest academic degree and as such Durham graduates are in demand for academic posts in leading universities and top business schools; for business and management consultancy in commerce and industry; and for senior management roles in private sector organizations and government institutions.

Whatever your goals, the Durham PhD gives you the opportunity to combine rigorous academic theory with research to influence the world of business and make a unique contribution to your field of study. It attracts exceptional students of the highest caliber, and in conjunction with scholars internationally-renowned for their research and thought leadership, the PhD programme at Durham University Business School is both challenging and stimulating.

As part of our vibrant and welcoming research-led community, you will work alongside a diverse faculty of research students and international academics to develop a critical command of your subject. You will cultivate high-level skills of analysis and appraisal, be able to use a range of research methodologies, and will work independently.

We have a long history of valuable Economics research and have been supporting some of the UK’s major Businesses

Our research is broad ranging and far reaching and includes economic growth and policy, behavioral economics and finance, and economic and financial development in China – where we have close research links with Fudan and Renmin Universities.

We have a strong culture of collaboration and arrange external and internal research seminar series, conferences and PhD student workshops. We also work with a wide range of businesses and government institutions including the Bank of England, Federal Reserve Bank, UK Trade & Investment, BIS and the UK parliament.


  • John Addison Chair in Economics
  • Ashar Aftab Lecturer in Economics, PhD Deputy Programme Director
  • Habib Ahmed Professor
  • John Ashworth Head of Economics and Finance, Professor of Economics
  • Mehmet Asutay Lecturer
  • Peter Bagnall Teaching Associate- Economics
  • Anurag Narayan Banerjee Reader in Financial Econometrics
  • Parantap Basu Professor of Macroeconomics
  • Frankie Chau Senior Lecturer in Finance
  • Xiaogang Che Lecturer in Economics
  • Xiaoshan Chen Lecturer in Economics
  • David Chivers Lecturer in Economics
  • Duncan Connors Teaching Fellow in Finance
  • Tahani Coolen-Maturi Lecturer in Finance and Statistics
  • Damian Damianov Reader in Economics and Finance
  • Ekaterina Damianova Teaching Fellow in Finance
  • Vladislav Damjanovic Senior Lecturer in Economics
  • Tatiana Damjanovic Chair in Macroeconomics
  • Rataporn Deesomsak Lecturer in Finance, MSc Managment Route Leader (Finance)
  • Kevin Dowd Professor of Finance and Economics
  • Muhammed-Shahid Ebrahim Professor of Islamic Finance
  • Ahmed Elsayed Teaching Fellow in Economics
  • Sara Eugeni Lecturer in Economics
  • Michael Guo Reader in Finance and Deputy Director of Institute for China Development and Research
  • Chulwoo Han Lecturer in Finance
  • Richard Harris Professor of Economics
  • Nigar Hashimzade Professor of Economics
  • Mark Hayes St Hilda Reader in Catholic Social Thought and Practice
  • Matteo Iannizzotto Senior Teaching Fellow in Macroeconomics
  • Tooraj Jamasb Chair in Energy Economics
  • Kenju Kamei Lecturer in Economics
  • Arzé Karam Lecturer in Economics/MSc Finance Programme Leader
  • Elisa Keller Lecturer in Economics and Finance
  • Hugo Kruiniger Senior Lecturer in Economics
  • Morten Lau Professor of Behavioural Finance
  • Daniel Li Lecturer in Economics
  • Shengyu Li Lecturer in Economics
  • Ian Lincoln Senior Teaching Fellow/Deputy Director of Undergraduate Studies/ Durham UG Course Leader
  • Manuel Llorca Research Fellow (Energy Economics)
  • Michael Lucey Teaching Fellow in Accounting, Finance, and Economics
  • Juliana Malagon Lecturer in Finance and Economics
  • Laura Marsiliani Lecturer in Economics
  • John Moffat Lecturer in Economics
  • Tony T. Needham
  • Anamaria Nicolae Lecturer in Economics
  • Michael Nimo Teaching Fellow in Accounting, Finance, and Economics
  • Nikos Paltalidis Lecturer in Finance
  • Jinrui Pan Lecturer in economics
  • Dennis Philip Reader in Finance
  • Leslie J Reinhorn Lecturer in Economics
  • Thomas Renstrom Senior Lecturer in Economics/Director of MSc Programmes(Economics & Finance)
  • Martin Robson Senior Lecturer in Economics/Chair of the MDC Boards of Examiners
  • Bibhas Saha Reader in Economics
  • Lucia Sbragia Lecturer in Economics
  • Riccardo Scarpa Chair in Economics
  • Jason Shachat Professor of Experimental Economics
  • Nan Shi Teaching Fellow in Finance
  • Brian Snowdon Senior Teaching Fellow in Economics
  • Rebecca Sterling Lecturer in Economics/Finance
  • Abderrahim Taamouti Professor in Economics, MSc Economics & Finance Deputy Programme Director
  • Simone Tonin Lecturer in Economics
  • Eshref Trushin Senior Teaching Fellow in Economics
  • Xing Wang Lecturer in Economics
  • Toby Watson Deputy Dean (Education)
  • Ian Whitfield Director of Undergraduate Studies and Principal Teaching Fellow in Finance
  • Julian Williams Chair in Accounting and Finance
  • Cheng Yan Lecturer in Finance
  • Ayse Yazici Lecturer in Economics
  • Anil Yildizparlak Lecturer in Economics
  • Hong Il Yoo Lecturer in Economics
  • Zhichao Zhang Lecturer in International Finance
  • Qi Zhang Reader in Accounting and Finance

PhD: Take the next step

We have two intakes each year, in October and January. Closing dates for applications are:

  • January 2017 intake: 31 October 2016
  • October 2017 intake: 31 July 2017

For PhD Integrated Studies (full time) there is one intake per year in October. The closing date is 31 July.

What do I need first?

English language requirements:

  • If English is not your first language you will need IELTS 7.0 (no element below 6.5) or Pearson Test of English Overall Score 70+ (No element below 62). Please note that these can be no more than 2 years old at the month the programme starts, eg. for a programme commencing in October 2014 the IELTS or PTE test must have been taken in or after October 2012). Further information about acceptable tests.

For UK students:

  • A Masters degree, normally with a mark of at least 65% in your Master's dissertation.

For non-UK students:

  • A degree that is equivalent to a UK Masters. You also need to have completed and passed (at a level equivalent to at least 65%) a dissertation module. Check the full list of equivalent qualifications.
  • It is important that your general research interests match those of at least one member of our academic staff. For information on the range of expertise and experience of our academic faculty and details of their research interests, see Our People.

If you have any questions about finding a potential supervisor, we’re happy to help. Please get in touch with the Research Admissions Team.

The Application Process

  • A successful application is based on your ability to meet the entry requirements, your research proposal and the School's capacity to provide relevant supervision for your research.

Our admissions process follows three stages:

Stage One

Please ensure that:

  • you meet our entry requirements (above)
  • you can meet the financial requirements of the programme
  • you have your research proposal ready.

Stage Two

Applications should be made using the online application form. You will be asked for the following information:

  • academic qualifications and career to date
  • an outline of your research interests
  • the names and addresses of two academic referees
  • any specific support needs you may have (see Disability Support)
  • your chosen College. (If you wish to read for a full-time programme you must become a member of one of our Colleges as well as being accepted by a department.

The following documents should also be submitted online as part of your application. Without these documents your application cannot be processed:

  • Research proposal of 1500-2000 words. Please submit your proposal within the section of the online application entitled 'Other Relevant Experience'. However, if your research proposal contains tables or equations, please upload your document via the 'supporting documents' section under 'Scholarships/Other'. Advice on writing a research proposal.
  • A 300-500 word abstract giving a summary of the Research Proposal
  • Copies of certificates of degrees awarded (up to 3 may be uploaded)
  • Copies of transcripts of modules studied (up to 3 may be uploaded)
  • Evidence of proficiency in English (where this is not your first language)
  • Two references, one of which must be academic.(Reference letters should be emailed directly to us by your referees using the downloadable reference form.) Download the reference form
  • Your Curriculum Vitae.

If you have any problems attaching your supporting documents to your online application, you may email them to us.

Stage Three

We will process your application on the basis of all the information provided and will normally let you know our decision within four to six weeks. In certain circumstances, we may need to request further information.

A successful application will be sent to Durham University's Student Recruitment and Admissions Office (SRAO) with a recommendation for approval. (We will contact you directly if we are unable to recommend your application for approval.)

The SRAO is responsible for approving all postgraduate applications. You should be aware that approval by the SRAO is not a formality and that in some cases where we recommended approval, the SRAO will be unable to support this. Until you receive an offer from the Student Recruitment and Admissions Office, you have not received a formal offer of a place.

Last updated Jan 2018

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About the School

Prepare yourself to compete in an increasingly international job market. Study a globally-recognised postgraduate programme at Durham University Business School

Prepare yourself to compete in an increasingly international job market. Study a globally-recognised postgraduate programme at Durham University Business School Read Less
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