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  Peter and Norah Lomas PhD Scholarship in Economics

  Business School

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 Tuesday, December 05, 2023
 Funded PhD Programme (Students Worldwide)

About the Programme

Award Summary

The studentship will cover PhD fees at the home rate and an annual stipend equal to that provided by UKRI scholarships (which for 2024/25 is yet to be announced, but for reference it was £18,622 in 2023/24) for living costs, paid to students in regular instalments. Fee increases over the years will also be covered by the scholarship.

International students can opt to have the scholarship to fully cover the fees at the international rate (£22,800 for 2024/25) and receive a reduced annual stipend, bearing in mind that the total value of the scholarship is the same as for home students. The home category includes EU students with pre-settled or settled status. Applicants 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.


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 2024. 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.

Number Of Awards

Several three-year PhD studentships

Start Date

September 2024

Award Duration

Three years

Application Closing Date

5th December 2023 at 16:00 (GMT)


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

Eligibility Criteria

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 2024, 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 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 all sub-skills).

How To Apply

You must apply through the University’s Apply to Newcastle Portal   

In the ‘Course choice’ tab:  

  • select ‘Postgraduate Research’ in the 'Type of Study' field  
  • select ‘Full Time’ in the ‘Mode of Study’ field  
  • select ‘2024’ in the ‘Year of Entry’ field  
  • enter programme code 8240Fin the ‘Course Title’ field  
  • select Economics in the ‘Research Area’ field
  • press ‘Search’  
  • Select ‘PhD Newcastle University Business School (full time)' 
  • Save selection  

You will then need to provide the following information in the ‘Further Details’ section:  

  • a ‘Personal Statement’ (this is a mandatory field) - upload a document or write a statement directly in to the application form. This should be around 500 words and should set out your reasons for applying.  
  • the studentship code LOMAS24 in the ‘Studentship/Partnership Reference’ field  
  • a Research Proposal of around 1,000 – 2,000 words– upload a document or write your proposal directly in to the application form.

In the ‘Supporting Documentation’ section: 

  • attach a full and detailed CV.

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.

Contact Details

Informal enquires about the studentship may be made to:


Funding Notes

Some or all of the PhD opportunities in this programme have funding attached. Applications for this programme are welcome from suitably qualified candidates worldwide. Funding may only be available to a limited set of nationalities and you should read the full programme details for further information.
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