University of Wisconsin-Madison Fully Funded PhD in Economics

PhD @University of Wisconsin–Madison posted 1 week ago

Job Description

University of Wisconsin–Madison offers a fully funded Ph.D. program in Economics through its Department of Economics. This program is designed to prepare students for careers in academia, government, and the private sector by providing rigorous training in economic theory, econometrics, and various applied fields.​

Program Overview

  • Degree: Ph.D. in Economics

  • Institution: University of Wisconsin–Madison

  • Department: Economics

The program offers a firm grounding in economic theory and tools, with opportunities to specialize in fields such as labor economics, public economics, international economics, and more. Students benefit from a collaborative environment, research workshops, and access to extensive resources.

Funding Package

All admitted Ph.D. students receive comprehensive financial support, which includes:​

  • Tuition and Fees: Full coverage for the duration of the program.

  • Stipend: An annual stipend to support living expenses. For instance, fellowship stipends are over $26,000 and are often accompanied by departmental scholarships.

  • Health Insurance: Comprehensive coverage funded by the university.

  • Assistantships: Funding is provided through teaching assistantships (TAs), research assistantships (RAs), or fellowships.

Additionally, the department offers various fellowships and scholarships based on research excellence, such as:​

  • Caves Dissertation Fellowship

  • Christensen Dissertation Fellowship in Empirical Economics

  • David Edwin Davies Dissertation Fellowship

  • Alice S. Gengler Dissertation Fellowship

  • Juli Plant Grainger Institute (JPGI) Fellowships, including Summer Fellowships, Teaching Assistant Scholarships, and Outstanding Dissertator Fellowships ​

Admission Requirements

  • Academic Background: A bachelor’s degree is required; it does not need to be in economics. Applicants often have backgrounds in economics, mathematics, statistics, or related fields.

  • Mathematical Preparation: Applicants should have completed at least a three-course sequence in calculus, a course in linear algebra, and a course in mathematical statistics. Additional coursework in real analysis is recommended.

  • Application Materials:

    • Online application through the UW–Madison Graduate School.

    • Statement of purpose outlining research interests and career goals.

    • Three letters of recommendation.

    • Official transcripts from all post-secondary institutions attended.

    • Resume or curriculum vitae (CV).

    • Writing sample demonstrating research capabilities.

    • Math Preparation Form.

    • GRE scores (required).

    • TOEFL, IELTS, or Duolingo scores for non-native English speakers.

The average admitted applicant has a Quantitative GRE score in the 91st percentile and an average GPA of 3.85/4.0.

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