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Research degrees in Economics and Finance

Why apply for the PhD programme in Queen Mary's School of Economics and Finance?

  • The School of Economics and Finance is one of the UK's leading departments, ranked in the top 10 for research power in the latest Research Excellence Framework (REF) assessment.
  • The breadth and depth of our expertise enables us to offer courses and supervision in virtually all major areas of economics and finance.
  • The School has around 40 research-active staff working in a wide range of research areas, including macroeconomics, microeconomic theory and game theory, applied microeconomics, econometric theory, time series analysis, theoretical and empirical finance, and financial econometrics.
  • Prestigious 1+3 year Economic and Social Research Council fellowships covering MRes and PhD studies are available to EU citizens (see the ESRC website for full eligibility details) through the London Interdisciplinary Social Science DTP (LISS DTP) in collaboration with Kings College London and Imperial College London.
  • PhD students are entitled to a £1,000 yearly research allowance.

Research Subjects

For the latest details on our academic's research activity please study their profiles on the School's website. Examples of PhD topics:

  • Applied economics
  • Economic theory
  • Econometrics
  • Microeconomics
  • Macroeconomics
  • Financial econometrics
  • Financial derivatives
  • Asset pricing
  • International finance


Students must complete the MRes Programme before they can progress on to the PhD.

There are four MRes options:

*Programmes eligible for ESRC Funding students only

These programmes are considered the first year of the PhD programme. For admission to the MRes programme, applicants should have a suitable Master's degree in Economics, Finance or a related subject. On application to the MRes programme, when appropriate, a conditional offer of admission to the PhD programme will also be made. Applicants who already hold an MRes in Economics or Finance can apply directly to the PhD programmes offered through the School.

Structure of the PhD Programme

MRes: The MRes is considered the first year of our PhD programme. Students build on their postgraduate training by completing two PhD-level module sequences in macroeconomics, microeconomics, econometrics, or financial economics (required for MRes Finance); covering core theories and methods as well as areas of active research in the School.

Students also conduct original research to fulfill the substantial dissertation component of the degree, which can form the basis of later doctoral work.

PhD: The School offers PhD programmes in both Economics and Finance which lead on directly from advanced research training during the MRes year. During the programme students will work on their thesis and undertake research work.

Financial Support

As the majority of our PhD student enter via the MRes programmes, please see the ‘Entry and Funding’ tab on our MRes programme page for funding details. 

More general information on funding a PhD can be found here.

How to apply

Applicants who hold an MSc in Economics or Finance should apply on the course pages here:  

Applicants who already hold an MRes can apply directly for the PhD programme using the applications buttons on this page. Admission is for entry in September.

To avoid delays in making a decision, please ensure that the following supporting materials are included with the application:

  • a full academic transcript (a record of courses taken and grades achieved)
  • documentation of GRE results obtained during the last five years, showing scores for all sections of the examination (GRE is not compulsorary for admission to the programme)
  • evidence of your proficiency in English (for international students)
  • resume / Curriculum Vitae
  • a research proposal (1000 words)

Applicants who wish to be considered for ESRC research scholarships must fill an additional ESCR application form (see also the guidance notes). There is no additional application material required to be considered for teaching assistantships, however, explicit reference should be made on the application if financial support is sought.

The application deadlines for direct applicants to the PhD are:

  • 15 December for applicants who wish to be considered for ESRC research scholarships through LISS DTP or China Schoolarship Council scholarships
  • 31 January for applicants who wish to be considered for School funding or who do not apply for financial aid.




Tel: +44 20 7882 7298


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