Jump to content
Urch Forums

Profile Evaluation: Phd In Economics/ Financial Economics


Recommended Posts

Phd Financial Economics/ Economics Evaluation ( Planning to Apply Fall 2021):

GRE: Yet to Take ( Planning to take in June)

TOEFL: Yet to take ( Planning to take in June)

Undergrad: NIT Durgapur'2017 , India( Chemical Engineering)- 8.20/10

Grad: IIM Indore'2019 , India(Top 5 in Management as per NIRF ranking published by Ministry of Human resources India)-MBA ( 3.38/4.33, Top 35 out of 540, Don't have a proof yet but I am trying to get one from Admissions Office)

Courses & Grades:

1.Mathematics I :Functions of Single Variable,Functions of several variables,Integral Calculus, Multiple Integral, Vector Calculus, A (9/10)

2.Mathematics II:Liner Algebra, Ordinary Differential Equations,Fourier series,Laplace and Fourier Transforms,Probability A (9/10)

3.Mathematics III:Partial Differential Equations (PDE),Numerical Method,Complex Analysis,Optimization: Mathematical Preliminaries: Hyperplanes and Linear Varieties; Convex Sets, Polytopes and Polyhedra,Linear Programming Problem (LPP)A (9/10)

4.Advanced Numerical Analysis: Eigen Values A(9/10)

5.Probability & Statistics:Random Variables and Associated probability distribution,Sampling Distributions and Statistical Inference, Hypothesis testing,Simple Linear Regression Analysis A (3.783/4.33)


7.Microeconomics Introductory Microeconomics Course A (3.867/4.33)

8.Macroeconomics Introductory Macroeconomics Course A (3.917/4.33)

9.Economics of Strategic Interactions Market Structures and Organization,Review of Competition and Monopoly,Homogeneous Goods,Heterogenous Goods,Concentration, Mergers and Entry Barriers, R&D,Advertising, Quality, Durability and Warranties; readings from Industrial Organisations A ( 4.1/4.33)

10.Macroeconomics of Developing economies:Growth Models ( Solow etc)A ( 4.1/4.33)

11.Financial Markets & Central Banking:Stabilisation Policies in Closed and Open economy IS-LM Models,Monetary policy transmission mechanism, Credit Channel Expected Inflation and Monetary Dynamics, Optimum Policy Target,I nflation targeting B+(3.433/4.33)

12.International Finance:Balance of Payment, Exchange Rate, Drivers of Exchange Rate and,Foreign Exchange Market,International Parity Conditions: Interest Rate Parity,Foreign Exchange Risk Management,Hedging B (3.1/4.33)

13.Corporate Finance- Corporate Finance I (A) Corporate Finance II (B)

14.Investment Analysis & Portfolio Investments (B)- Portfolio Management

15.Equity Financing (B)- IPO/FPO/PE/VC

16.Practicing Corporate Valuation B- DCF/ Relative / M&A

17.Corporate & Retail Banking B- RWA calculation, CaR Ratio, Asset Liability Management, Basel Norms


Research Experience:

1. IIM Indore: Microeconomics - Course of Independent Study Project- Given Presentation to Economics Department ( Awarded a credit ). Was working on the paper but it is still incomplete not sure if it is going to be completed before I apply.

2. IIM Indore: Live Project ( Cost Analysis) with Idea Cellular (before the merger of Idea & Vodafone) -Worked in a group although- Term Paper submitted

3. NIT Durgapur: Not relevant to econ research. Have a paper published (co-authored) in chemical Engineering in Springer ( impact factor 1.47) and a chapter (co-authored) in a book.

4.NIT Durgapur: Final year Thesis (Chemical Engg) (In a group)


Work experience: Deutsche Bank ( almost 2yrs) - Corporate Banking Analyst

Also, I am CFA L1 candidate- Hoping to pass!


1. Microeconomics Professor -IIM Indore under whose supervision I completed the Microeconomics project

2. Macroeconomics Professor- IIM Indore- Who took courses

3. Statistics Professor - IIM Indore - Who supervised the Live project


Concerns: I know my profile is lacking in the following: RA ships, Not enough math/econ courses. I am planning to take up online econ/math courses ( real analysis, measure theory) and R/ Stata courses as well. Which kind of certifications will be considered by admissions committee ( any course certification from US univs?) Can someone specify some certification courses covering the above topics which can compensate for the lacking in maths/econ courses?


I do know I like research , but till now most people have suggested me to go for a Masters rather than a Phd. is there any hope for me to get into a PhD econ program with this profile?

Kindly suggest some schools I can apply to for both Phd & Masters in econ/ Financial economics where I might have a chance!

Any suggestions are welcome! Would really like to gain some insights.


Thank You!

Link to comment
Share on other sites

I think the best approach would be to go to a terminal master's program at a good school, like UT Austin or Zurich or UBC, and then apply to PhD programs.


It sucks, but the best (and perhaps only) certification is to be a "known quantity," which means coming from a well-known undergrad or master's institution, doing research with academic economists, and things like that. I don't think stuff like Coursera or edX helps much, since you don't get the signaling and letters out of it (going to a good master's program will also help you get good letters.)


But I could be wrong. If your professors have placed students in US grad schools in the past, then you could probably just apply anyway.


Hope it helps!

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Create New...