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Funded PhD Programme (Students Worldwide)

About the Programme

The School of Economics & Finance at the University of St Andrews is part of Scotland's first university, with an established reputation as one of Europe's leading and most distinctive centres for research and teaching. The School is a dynamic research-led School with faculty conducting innovative and path-breaking research in relevant and important issues for individuals and societies.

The School of Economics and Finance of the University of St Andrews would like to invite applications for full-time PhD studentships, starting in the academic year 2020/21. The School can offer three fully funded studentships for students seeking to work on any area of economics. The competition is open to NEW home/EU and international students who are applying for a full-time PhD place.

Studentships are awarded in Spring 2020, to be taken up in September for the 2020/21 Academic Year. They will be tenable for up to 3 years (subject to the holder making satisfactory progression as assessed through the University's procedures for reviewing the performance of doctoral students).

The research proposal (2000 words) should give a detailed description of your planned research project, including :
i. Your research questions, how they relate to previous work in the relevant literature, and the contribution you expect to make,
ii. The theoretical framework,
iii. Your planned methodology,
iv. A rough outline of your research that will lead to a dissertation,
v. References to the relevant literature and materials to be used.

Candidates will be considered for admission for the PhD first and for the award only after they have been offered a place on the PhD programme.

Who is eligible?

We welcome applications from strong candidates who can demonstrate academic excellence and outstanding research potential. Firstly, we require the equivalent of a “Merit” in a taught MSc course in Economics and a distinction in their MSc dissertation. If needed, the student may be required to undertake further MSc level coursework in their first year of doctoral studies and pass with merit. Secondly, the prospective student must have a carefully thought out research proposal with a clear research question. Thirdly, there must be a qualified supervisor in the department who is both willing and able to supervise the student in his or her chosen line of research. Normally we do not consider applications from those students whose average grade is less than 60% across all modules of an MSc degree or a lower than 2.1 degree in the undergraduate degree.

To find out more about the research interests of our academic staff, please visit our website at

The candidate's PhD application must be complete by 15 March 2020 for the applicant to be eligible for an award. All required documents must be in place, including a research proposal of 2000 words and two letters of reference.

Funding Notes

Fully funded awards include a tuition fee waiver (home or overseas rate) in addition to an annual stipend set at Research Council rates (currently £15,009). Award holders will be required to undertake a small number of hours of undergraduate tutorial teaching (up to an average of 5 hours per week during the semester).

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