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Old 07-11-2008, 08:48 PM   #2 (permalink)
YoungEconomist
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Quote:
Originally Posted by MSibery View Post
However, it seems like it is more competitive then getting into law or medical school at this point. Would you agree?
I tend to agree with this (but maybe I'm biased ).

I thought the top law and medical schools actually admit a higher proportion of those that apply, then do the top Econ PhD programs. Furthermore, when it comes to law school, it seems that a lot of Econ PhDs considered that at one point, and where under the impression that they could do quite well in the law school admissions process. This is only anecdotal, but I know a guy at a top 15 or 20 Econ PhD program, that probably could've attended a top 5 law school.

Not to mention, once you get into an Econ PhD program, there's still a pretty good chance you will either fail prelims, or pass prelims and not finish a dissertation. At most law schools, if you are admitted, then you're almost gauranteed to graduate with your JD (unless you choose to drop out, which is rare).

I saw something online once which tried to measure "the hardest" PhD programs. According to their estimates, the only 2 harder than Econ where Physics and Math. I wish they would of also included Med School, Law School, and MBA programs. I realize that the study could be debated, but I think it'd still be interesting to see.
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