It might be unclear to new students of economics how much schooling is necessary to succeed as an economist. For some careers, a Bachelor’s degree is sufficient. In others, a PhD is a near-necessity. This article will discuss how much education successful economists typically have.

Due to COVID-19, PhD applicants over the past two years have had quite difficult application periods. It seems common now for students to apply to a range of universities and not be accepted to any of them. In fact, even without this exogenous pandemic factor, admission to economics PhD programs has been becoming increasingly difficult as a result of the excess supply of PhD applicants.

Groningen is a beautiful, scenic city in the north of the Netherlands which has hosted the University of Groningen since 1614, making it the second oldest Dutch university. The university is known for having astronauts, prominent world bankers, and Nobel laureates among its alumni.

Every year, October is the peak time for future PhD candidates in economics to start applying for their first-choice positions. For those students who want to stay in their current institutions, the process may be fairly straightforward. However, for candidates seeking opportunities internationally or simply at a different university, the prospect and the process may be somewhat more daunting.

The beautiful, historic city of York in the UK is both a charming location and the home to one of the most highly regarded teaching and research institutions in the country, the University of York.

Situated in the oldest city of the Netherlands, Nijmegen, Radboud University has firmly established itself as one of the country’s most reputable institutions of higher education. Offering programmes across the academic spectrum, its MSc in Economics, in particular, is attracting students from all over the world.

If you are planning to study in the UK, bear in mind that you will need to provide proof of your English language proficiency to get a visa. For this, you can choose one of the tests approved by UK Visas and Immigration.

Humboldt University in Berlin, Germany is home to more than 37,000 students across 190 degree courses, as well as being a renowned research institution. Famous alumni of the university include Karl Marx, Heinrich Hertz, and Alexander von Humboldt, as well as 29 Nobel Laureates, and Albert Einstein was once a Physics professor.

Every year thousands of economics students decide to continue education, either straight away after graduation or after a year or two of “real world” work experience. Often at this point comes the question: should I pursue a PhD or enroll in a Master of Business Administration program?

Founded in 1979 as the Institute of Higher Technology, Eastern Mediterranean University has expanded both its Bachelor's programs offered and its student population. The university established its current name in 1985 after the Turkish government and the Turkish Republic of Northern Cyprus agreed to mutually open the university as EMU.

The following article first appeared in the INOMICS Handbook 2023. Download the INOMICS Handbook

Finland is known around the globe for its progressive higher education culture that aims to cultivate a humane and globally-minded ‘next generation’. This is emphasis is especially present in the University of Tampere (UTA). UTA prides itself on providing a friendly environment for students to connect with their professors and even the administration, even as undergraduates.