This scholarship page was last updated on 28 March 2022. Some details may have changed since then. Please check the Newcastle University Business School website or the Newcastle University Business School page for current opportunities.

Peter and Norah Lomas PhD Scholarship in Economics

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Postgraduate scholarships

This scholarship is funded by a gift to the University by alumnus, Mr. Peter Lomas.

Newcastle University Business School invites applications for a number of three-year PhD studentships for full-time students undertaking a PhD in Economics or Economic History, starting their studies in September 2022. The school particularly welcomes applications that are theoretical and/or quantitative and that are aligned with one or more of the following key research themes in economics:

  • Economics of safety, health, environment, and risk
  • Behavioural and experimental economics
  • Labour, education, and health economics
  • Macroeconomics, policies, and institutions in open economic systems
  • Spatial, urban, regional, international, and industrial economics
  • Applied time series econometrics
  • Finance, financial economics, and financial econometrics.

Value of the Award and Eligibility

The studentship will cover PhD fees at the home rate (£ 4,596 for 2022/23) and a stipend equal to that provided by ESRC scholarships (rate of £16,062 for 2022/23). Fee increases will also be covered by the scholarship.

International students can opt to have the scholarship to fully cover the fees at the international rate (£ 18,600 for 2022/23) and receive a stipend of £ 2,058. They would need to indicate their preferred choice only after the notification of the award.

Students can also apply for paid research or teaching opportunities when they arise in the School. These are paid at standard hourly rate, based on qualifications and experience.

Applicant Specification

Applicants should have a good Honours degree (first-class or upper-second-class Honours) in a relevant subject area, like Economics, Statistics, Maths, etc. Additionally, they must possess, or expect to receive by April 2022, a Master’s-level qualification, or equivalent, with merit or above in a relevant subject area.

The successful candidate will be expected to actively participate in the intellectual life of the Economics Subject Group. This includes participating in internal and external research seminars provided by the group; and engaging with training opportunities offered by the Economics Subject Group, the Business School, the Faculty of Humanities and Social Sciences, and the Northern Advanced Research Training Initiative network.

The award is available to home[1] and international candidates. If English is not the candidate’s first language, the candidate must provide evidence of IELTS 7.0 (with minimum of 6.5 in the writing and 6.0 in all other sub-skills).

How to Apply

You must complete the University’s postgraduate application form:

  • click on programme of study and insert 8240F in the programme code section and click search
  • selecting 'PhD Newcastle University Business School (full time) – Economics’ as the programme of study
  • inserting the reference number LOMAS22 in the "Studentship/Partnership reference" field on the Programme of Study page of the application.

You should submit a full and detailed CV, an outline research proposal of around 1,000 – 2,000 words, and a personal statement of around 500 words which sets out your reasons for applying.

You also need to submit your degree transcripts and certificates, in addition to two letters of reference to support your academic credentials.

You are encouraged to approach a member of staff whose research interests align with your research area to discuss their availability to supervise you and champion your application.

You can read more about the PhD in Economics here.

The list of staff in Economics is available here.

Read more about the Economics Subject Group here.

Closing date: 20th May 2022 at 16:00 (GMT)

Informal enquires about the studentship may be made to:



[1]  The home category includes EU students with pre-settled or settled status.

More Information



Posted on:

Start Date:

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Postgraduate Scholarships


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