PhD in Economics

Massachusetts Institute of Technology (United States) · Massachusetts Institute of Technology 77 Massachusetts Avenue, Cambridge, MA, USA

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Massachusetts Institute of Technology is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has since played a key role in the development of modern technology and science, ranking it among the most prestigious academic institutions in the world.

Founded in response to the increasing industrialization of the United States, MIT adopted a European polytechnic university model and stressed laboratory instruction in applied science and engineering. The institute has an urban campus that extends more than a mile (1.6 km) alongside the Charles River and encompasses a number of major off-campus facilities such as the MIT Lincoln Laboratory, the Bates Center, and the Haystack Observatory, as well as affiliated laboratories such as the Broad and Whitehead Institutes.

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Program Details:

Program Website

Basic Info

Institute

School of Humanities, Arts, and Social Sciences

Degree

PhD

Duration

5-6 years

STEM Designated

Yes

Program

Economics

Expense

Living Expenses

USD 30000

Tuition Fee (Domestic)

USD 62000

Tuition Fee (International)

USD 62000

Eligibility

Minimum/ Avg Score

TOEFL

100

IELTS

7

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Deadlines:

Deadline Website

Intake Deadline 1

15 Dec, 2025

(August-2026)

Document Required:

  • Degree Certificate

    Common Document

    A bachelor’s degree (or equivalent) is required.

  • Degree Transcript

    Common Document

    Scanned copy of college transcripts

  • Letter of Recommendation (LOR)

    University Specific

    Three letters of recommendation. Letters must be submitted/uploaded by the letter writers

  • Test Score Report

    Common Document

    GRE

  • Personal Statement

    University Specific

    We encourage applicants to include a statement of objectives/personal statement with their application, though it is not required. The statement is an opportunity to explain what makes you a good candidate for the program. You should describe why you wish to attend graduate school, what you would like to study, and any research experience. Describe one or more accomplishments you are particularly proud of that suggest that you will succeed in your chosen area of research. You can also share any unique perspective or life experience that would contribute to the program. Statements are typically two single-spaced pages.

  • Test Score Report

    Common Document

    TOEFL/IELTS

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