paris school of economics phd requirements

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DS 465 : Economics Panthéon-Sorbonne

Doctoral School of Economics ED 465 Panthéon Sorbonne (EPS) brings together research teams in the field of economics and related disciplines (mathematics, statistics and sociology) from the University of Paris 1, EHESS, ENS-ULM and ENPC.

It offers true excellence in economic research training. It covers a very broad spectrum of research topics. EPS doctoral students participate in the teaching and research programmes of the Paris School of Economics. They are also involved in international networks: European Doctoral Program in Quantitative Economics, Economic Behavior and Interaction Models, Quantitative Economic Doctorate, etc.

• Head : Mouez FODHA
• PSL referent : Sylvie LAMBERT
• Contact : [email protected]
• Website : https://www.univ-paris1.fr/ecoles-doctorales/economie-ed-465/

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Macroeconomics

• Regulation, Environment, Market

PhD Students

PhD student

Paris School of Economics - Ecole des Ponts ParisTech

loris [dot] andre [at] psemail [dot] eu

PhD Student

Paris School of Economics / Paris 1 Panthéon-Sorbonne

Paris School of Economics, Université Paris 1 Panthéon Sorbonne

leonard [dot] bocquet [at] psemail [dot] eu

Paris School of Economics, EHESS

simon [dot] bunel [at] psemail [dot] eu

PhD student - financ. PgSE (ANR-17-EURE-0001)

Paris School of Economics, ENS-PSL

bayram [dot] cakir [at] psemail [dot] eu

Paris School of Economics / Université Paris 1 Panthéon-Sorbonne

thomas [dot] despois [at] psemail [dot] eu

samiran [dot] dutta [at] psemail [dot] eu

eustache [dot] elina [at] psemail [dot] eu

justine [dot] feliu [at] psemail [dot] eu

jeremy [dot] fouliard [at] psemail [dot] eu

gustavo [dot] garcia-bernal [at] psemail [dot] eu

harpedanne [at] psemail [dot] eu

gemma [dot] harris [at] psemail [dot] eu

johannes [dot] karge [at] psemail [dot] eu

Ph. D. student

Paris School of Economics - Université Paris 1 Panthéon Sorbonne

charles [dot] labrousse [at] psemail [dot] eu

antoine [at] mayerowitz [dot] io

jc [dot] medellin [at] psemail [dot] eu

andrea [dot] mencarelli [at] psemail [dot] eu

claudia [dot] nobile [at] psemail [dot] eu

Paris School of Economics / Université Paris 1 Panthéon Sorbonne

ezgi [dot] ozsogut [at] psemail [dot] eu

yann [dot] perdereau [at] psemail [dot] eu

bluebery [dot] planterose [at] psemail [dot] eu

artur [dot] przysada [at] psemail [dot] eu

youssef [dot] salib [at] psemail [dot] eu

moritz [dot] scheidenberger [at] psemail [dot] eu

gregoire [dot] sempe [at] psemail [dot] eu

antoine [dot] sigwalt [at] psemail [dot] eu

ilana [dot] szpic [at] psemail [dot] eu

ornella [dot] torres [at] psemail [dot] eu

Welcome to the PSE online application website

Analysis and Policy in Economics (APE):

More information here

Public Policy and Development (PPD):

Sustainable Impact Analysis (SIA):

Summer School: 

More information here .

Practical Information on REQUIRED DOCUMENTS, FUNDING AND HOUSING TIPS available HERE .  

Master SIA (ex-EDCBA)

Time zone: Europe/Paris

Summer school

Microeconometrics and Policy Evaluation

Summer School 2024 - Microeconometrics and Policy Evaluation

Development Economics in the Field

Summer School 2024 - Development economics in the field

The Economics of Gender

Summer School 2024 - The Economics of Gender

Experimental Economics

Summer School 2024 - Experimental Economics

Industrial Organization

Summer School 2024 - Industrial Organization

Inequality and Institutions

Summer School 2024 - Inequality and Institutions

Macroeconomics

Summer School 2024 - Macroeconomics

International Trade

Summer School 2024 - International Trade

Migration Economics

Summer School 2024 - Migration Economics

Climate Change

Summer School 2024 - Climate change

Paris School of Economics

French research institute / from wikipedia, the free encyclopedia, dear wikiwand ai, let's keep it short by simply answering these key questions:.

Can you list the top facts and stats about Paris School of Economics?

Summarize this article for a 10 year old

The Paris School of Economics ( PSE ; French : École d'économie de Paris ) is a French research institute in the field of economics . It offers MPhil , MSc , and PhD level programmes in various fields of theoretical and applied economics, including macroeconomics , econometrics , political economy and international economics . [1]

PSE is a brainchild of the École des Hautes Études en Sciences Sociales (EHESS, where the students are enrolled primarily), the École Normale Supérieure , the École des Ponts and University of Paris 1 Pantheon-Sorbonne , and it is physically located on the ENS campus of Jourdan in the 14th arrondissement of Paris . It was founded in 2006 as a coalition of universities and grandes écoles to unify high-level research in economics across French academia, and was first presided by economist Thomas Piketty .

Since its foundation it has gained a certain amount of academic weight, and according to a ranking released by project RePEc in May 2020, it was ranked as the fifth-best university-level economics department in the world and first in Europe. Paris School of Economics' ranking has consistently risen since it was listed on the rankings on RePEc. [2]

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Doctoral program.

• Program overview
• Application deadlines
• Admission and financial aids
• ENTER program
• Job Market Candidates

A world-class international doctoral program, training the brightest minds.

The "Doctoral track" ( Master 2 ETE ) allows students to acquire a thorough and advanced general training in economic theory (micro, macro and econometrics) before choosing a specific area of research. During this first year, students are also given training in research techniques and work one-on-one with a faculty advisor to complete a master’s thesis that will be assessed by a board of professors.

Second year

At the end of the first year, students are admitted in the second year Advanced Research degree in Economics (MRes in Economics) on the basis of their results (courses and research work) and embark on a final year of advanced, specialized courses. Students should select 7 course topics among a list of advanced specialized courses and attend an annual research workshop (members meet on a regular basis during the year). This intensive training should provide PhD students with a strong foundation for the writing of their thesis and for their future research career. An advisor and another faculty member assist students in the design of their plan of studies. During the second year, students choose their field(s) of specialization : 

• Behavioral and Experimental Economics
• Econometrics and Empirical Economics
• Economics Theory
• Industrial Organization
• Macroeconomics
• Public Policy and Applied Economics

At the end of this second year, students must present some original research work (a preliminary paper) to a jury of faculty members.

Thesis years

The two or three following years are devoted to full-time research and to writing the dissertation. Students are given the opportunity to mature and develop their economist’s intuition and techniques. PhD students participate in the life of academic groups , including seminars . They also present their research work in junior seminars and international conferences and are encouraged to participate in specialized summer schools.

Our PhD program is designed to prepare our candidates for the International Job Market.   

• Doctoral Program Presentation
• Student handbook 2023-2024
• PhD placement since 2009

To find out about application deadlines please see our Admissions section .

Applications must be made online on the TSE platform eCandidatures. Any application submitted outside of the dates of the recruitment campaigns will not be reviewed.

Our ambition is to keep attracting the best students in the world. Therefore, we offer financial help for our future PhD students.

Some scholarships and grants are available at the Master 2 level: https://www.tse-fr.eu/admissions

Once the students graduate from the Master 2 ETE and continue in the PhD program, the doctoral school makes sure that they receive funding. Some positions of teaching assistant and research assistant are also available.

It usually takes 5 years for students to complete their thesis.

Students testimonies

Some videos are available on the platform  youtube.

Christopher Sandmann, PhD student

Basile Dubois, PhD student  

"TSE is a very good environment for research. Besides the faculty helping students, much administrative hassle is kept away from students to be able to better focus. In any given week there are more research seminars than one can even attend, so one is exposed to many different ideas. Throughout my time at TSE I enjoyed substantial financial support, both for my living expenses as well as for accessing data"

Markus Gebauer, Assistant Professor of Economics (International College of Economics and Finance, National Research University - Higher School of Economics Moscow, Russia)

"TSE is an amazing place for students who want to devote themselves into research. The professors here are very productive and nice. Their love to economics is so contagious. There are so many conferences, seminars, and workshops in diversified areas that could feed your interests and tastes. The quality and quantity of those meetings are fabulous. Overall, our PhD program in terms of its research environment is comparable to the top-ten programs in the US. The life at Toulouse is also very rewarding. You would meet many interesting persons here. International students' background are diversified and they come from five continents. I love here so much and miss the people I met here. You would never regret if you choose to come to TSE."

Nina Yin , Assistant Professor (China Center for Human Capital and Labor Market Research, Central University of Finance and Economics, Beijing, China)

"Learning how to become a researcher is not an easy task and TSE's structure in thematic groups played an important part in helping me develop research skills. Every week, we had a macro seminar with external speakers, a macro workshop for PhD students to present their work and a macro reading group where we discussed recently published papers ! When you present your work, comments from professors and fellow students can be tough to hear, but that's how make progress and learn how not to cut corners. Overall, the environment at TSE showed me a passion for intellectual challenges that was contagious. I felt encouraged to play my part and contribute, as an economic researcher, to a better understanding of the forces driving our economic system."

François de Soyres , Economist (World Bank)

"TSE gave me an outstanding training in econometrics which was crucial for the beginning of my career. I believe that the scientific environment at TSE is comparable to the best economics departments in the world. Just look at the amount and quality of seminars, workshops, and conferences hosted at TSE each year and compare it to any other top economics department. There are more events than you can digest!"

Andrii Babii , Assistant professor, University of North Carolina at Chapel Hill

"I enjoyed the diversity and academic environment here. Students and researchers are coming from all over the world and doing research in various fields, each contributing in a unique way to the diverse culture here. The research environment is of first grand; each year, top researchers around the world visit and give talks at Toulouse, giving us plenty of opportunities to be exposed to the research frontier. The researchers/advisors are really great economists and patient teachers; discussions on our work are usually deep and focusing on the big picture and economic applications, which I find are the most important part of economics research. Of course, the city is truly beautiful!

Some deals are too good to be true but TSE defies this adage. One gets to live in a great city and have access to one of the best economics departments. TSE has a big PHD program with roughly 20 incoming students each year, which makes you feel like a part of the community. I was part of the Macro group and learned a lot through interactions with the faculty members and other students. And this interaction was not just limited to internal members as the PhD students interact a lot with the visiting seminar speakers (and there are a lot of them at TSE!!).  

In terms of the timeline, one spends the first two years on coursework. The core courses are interesting and give a good foundation for research, both in terms of material covered as well as to develop research agenda. I got good support from my advisor as well as other faculty members to keep my work on track throughout the PhD. For the job market, TSE has a professional team of people, comprising of staff members and faculty, who help you throughout the job market season. The hard work that TSE puts in to prepare its students is amply reflected in the placements!!"

Shekhar Tomar , Research Officer, Reserve bank of India

"I did my Ph.D. at TSE from 2011 until 2016 (plus a strong M1 a year prior). Coming from Peru to Europe for the first time, a lot was new, exciting, and different. Language-wise, for instance, classes were in English, while daily life was in French. To make this harder, coursework at TSE is tough and exams are intense. However, I can say with the benefit of hindsight, that such level of rigor makes TSE alumni well equipped to face the challenges of a dynamic world. At TSE, I learned to always stay curious, and to study seriously and committed to the subject at hand. After the Ph.D. I came to the U.S. to work in consulting. My adviser and other faculty members were always supportive of my choice and were instrumental for me finding a job in Washington, D.C. There, I have confirmed that TSE enjoys an outstanding reputation in economics, especially in IO. All in all, my years in Toulouse were some of the best in my life, I am deeply thankful to the school, the administrative staff, the faculty, and my friends!"

Rodrigo Montes , Senior Economist, Compass Lexecon

The TSE Doctoral School is a member of a European network of doctoral schools, ENTER  (European Network for Training in Economic Research), which includes the following universities:   - Universitat Autonoma Barcelona - Free University of Brussels - University of Mannheim - University of Stockholm - Tilburg University - Toulouse School of Economics - University College London - Universidad Carlos III de Madrid

Doctoral students who enrol in the ENTER programme spend between three months to a year in one or two of the network institutions where they benefit from exactly the same status as the other doctoral students. Depending on their situation, they may either attend classes or seminars, or work on their thesis under the supervision of one of the university’s professors. They are thus in contact with a wider teaching body and a more diverse range of research themes. They can also develop productive professional relationships with other students and thus become truly European economists. The network schedules a conference which rotates every year to a different member university and encourages doctoral students to visit and stay at one (or several) of the universities in the network

For more information, go to www.enter-network.org

2023-2024 PhD candidates

Post-docs at tse, tse phd placements.

• Hippolyte Bouche r: Airbus, Marseille
• Tim Ederer : Tepper Business School, Carnegie Mellon University (Economics), preceded by a one-year Post-Doc at the Becker-Friedmann Institute, University of Chicago
• Luise Eisfeld : HEC Lausanne (Finance)
• Hiyu Hou : Renmin University, Beijing
• Dakang Huang : Southwestern University of Finance and Economics (SWUFFE), Chengdu, China
• Antoine Jacquet : Post Doc at Science-Po, Paris, France (2 years)
• Max Lesellier : Université de Montréal
• Yaxin Li : Renmin University, Beijing
• Gosia Majewska : ESSEC Business School, Paris (Economics)
• José Munoz : Analysis Group, Brussels
• Peter Neis : Post Doc at CERDI, Clermont Ferrand University (2 years)
• Tuuli Vanhapelto : Adam Smith Business School, Glasgow (Economics)
• Philipp Wangner: Mannheim University, preceded by a one-year Post-Doc at Columbia University
• Li Yu : Liaoning University, Shenyang, China
• Ling Zhou : Shanghai University of Finance and Economics (after a two-years Post-Doc)
• Baha Alae - Oxford University,  Sociology Dep. (Post Doc, 3 years) 
• Carrillo Paloma - International Labor Organization
• Ferreira Alipio - 1 year postdoc at JPAL-LAC (Rio de Janeiro) and then Southern Methodist University (AP)
• Gaillard Alexandre - 1 year post-doc at Princeton and then Brown University (AP)
• Lucke Friedrich - Joint Research Center (JRC), European Commission, Brussels
• Mrowiec Filip - Cornerstone (New York)
• Ruiz Celia - Compass Lexecon
• Shreeti Vatsala - Bank of International Settlments
• Stipanicic Fernando - 1 year postdoc at Berkeley and then Oslo (AP)
• Yan Jun - Xiamen University (AP)
• Zhang Yifei - Peking University, HSBC Business School (AP)
• Bonneton Nicolas - University of Manheim Assistant Professor 
• Bregolin Jacopo - University of Liverpool Assistant Professor
• Bruneel Christophe - KU Leuven Assistant Professor
• De Souza Bueno Matheus - OECD
• Duran-Franch Joana - Postdoc at Columbia 1 year 
• Enrich Moya Jacint - Postdoc at Pompeu Fabra - 3 years 
• Gaillac Christophe - Postdoc Nuffield College – 3 years
• Gonnot Jérôme - Postdoc European University Institute – 2 years
• Khainar Kunal - Bank of England 
• Lefez Willy - Postdoc Berlin School of Economics - 4 years
• Pébereau Charles - Post doc at Stanford - 3 years
• Pollinger Stefan - Sciences Po Paris Assistant Professor
• Remmy Kevin - Postdoc at University of Mannheim - 5 years 
• Yang Yang - Nanjing University Assistant Professor 
• Zerecero Miguel - UC Irvine Assistant Professor
• Zhou Ling - Postdoc University of Padova - 2 years 
• Miren Azkarate-Askasua  - Post-doctorate for one year at European University Institute (EUI), then Assistant Professor (University of Mannheim)
• Hussein Bidawi  -  International Monetary Fund
• Filippo D'Arcangelo  - OECD
• Hugues Dastarac  - Banque de France
• Alberto Grillo  - Post doctorate at Aix-Marseille School of Economics
• Elia Lapenta  - Assistant Professor(CREST)
• Emil Palikot  - Post doctorate at Stanford
• Christopher Sandmann  - Post doctorate for one year at Princeton then Assistant Professor à LSE
• Roberto Sarkisian  - Assistant Professor (University of Rome Tor Vergata)
• Peter Wikman  - Post doctorate at Toulouse School of Economics 
• Yuting Yang  - Assistant Professor (University of New Mexico)
• Jiakun Zheng  - Assistant Professor (Renmin University)
• Vessela  Daskalova  - Assistant Professor  (UC Dublin)

Masters program

Ape - analysis and policy in economics, ppd - public policy and development, economics & psychology, sia - master of science in sustainable impact analysis, online applications.

We propose one platform for APE, PPD and SIA masters (and also for our Summer School): www.pse-application.eu For the Master Economics & Psychology, please refer to the dedicated website

You are a group of students visiting Paris...

... and you would like to meet PSE academics and students and visit our campus : please contact us directly so that we can set up a meeting during which we could talk about PSE and its Masters programmes.

• Master Office : master-office at psemail.eu

PhD student

You have the opportunity to come to Paris 1 Panthéon-Sorbonne University as an international PhD student, either in the framework of a joint PhD, a doctoral research stay, or as a freemover.

You want to embark on a joint PhD programme between Paris 1 Panthéon-Sorbonne University and a foreign institution? You will find below information on how a joint PhD is organised, how to apply and funding opportunities.

Supervision The PhD student conducts his/her research under the responsibility of two thesis supervisors: one at Paris 1 Panthéon-Sorbonne University and the other one in a foreign institution. The two supervisors are fully and jointly committed to exercise their functions as tutors. Location The doctoral student stays alternately at Paris 1 Panthéon-Sorbonne University and in the partner university. The length of stay in each institution depends on the scientific requirements and the conditions for preparing the thesis, but it should not be less than one semester. Duration The usual duration of a joint PhD is three years, although a derogation of one year may be granted by the head of the institution on the basis of a legitimate request from the student, after consultation with the thesis supervisor and the doctoral school. Enrolment fees The PhD student is enrolled both at Paris 1 Panthéon-Sorbonne and at the partner university, but is exempt from the payment of tuition fees at one of these two institutions. PhD viva The joint PhD leads to a single defence recognised by both parties. At the end of this defence, the doctoral student receives both the doctoral degree from Paris 1 Panthéon-Sorbonne University and the one from the partner institution. Language The language in which the thesis is written and defended is defined by the agreement concluded between the two institutions. When this language is not French, the thesis is completed by an abstract in French.

After applying for a joint PhD at both Paris 1 Panthéon-Sorbonne and a foreign university, you must establish a joint PhD agreement between these two institutions. What to include in the joint PhD agreement Although Paris 1 Panthéon-Sorbonne University provides a joint PhD agreement template (Word - 67 KB) , it is not strictly mandatory as your contract is the result of an agreement between the two partner institutions. If you wish to prepare a joint PhD between Paris 1 Panthéon-Sorbonne and an Italian university, you must use the agreement template of the Université Franco-Italienne (UFI) (Word - 50 KB - French/Italian) . If you wish to prepare a joint PhD between Paris 1 Panthéon-Sorbonne and a Swiss or Quebec university, you must ask the latter to draw up your agreement according to the template already established with French universities.

The agreement can be bilingual (each article being successively written in both languages) or in two versions (one in French and another one in a foreign language). Signature of the joint PhD agreement The joint PhD agreement must be signed in three copies by yourself and by three people from each of the partner institutions (the thesis supervisor, the director of the doctoral school and the president of the university). At Paris 1 Panthéon-Sorbonne University, the agreement must be submitted to the thesis department of your discipline in order to be forwarded to the research department and then to the president of the university for signature.

There is no deadline for signing the joint PhD agreement, but it is normally signed during the first year of enrolment in a PhD programme. This stage usually takes a very long time, given the number of signatories and the distance between them.

Eiffel Excellence Scholarship Programme (PhD level)

• Be accepted as part of a joint PhD at Paris 1 Panthéon-Sorbonne University in one of the following academic fields: Economics, Management, Law, Political science, Sciences (Mathematics, Communication sciences, Environmental science),
• Be a foreign citizen (priority is given to citizens from developing and industrialised countries),
• Be less than 35 years old
• Amount and duration : €1400 per month (+ round-trip ticket) / 10 months maximum
• Application procedure : get in touch with your doctoral school
• More information :  campusfrance.org/en/eiffel-scholarship-implementation

Other grants In order to find out about other funding opportunities, we encourage you to check calls for applications on the websites of French embassies abroad, the  Instituts français  and the  Alliances françaises . You can also check the  grant search engine  available on the Campus France website.

PhD research stay

Find out the procedure to follow if you are a PhD student at a foreign university and wish to undertake a research stay at Paris 1 Panthéon-Sorbonne University.

You must first submit your research project to one of the professors at Paris 1 Panthéon-Sorbonne University with an HDR (accreditation to supervise research). The list of these professors is available from the websites of the university's doctoral schools (ED):

• Archaeology (ED 112)
• Art history (ED 441)
• Economics (ED 465)
• Fine arts (ED 279)
• Geography (ED 434)
• History (ED 113)
• Law (ED 565)
• Management (ED 559)
• Philosophy (ED 280)
• Political science (ED119)  

If a professor agrees to supervise your research stay at Paris 1 Panthéon-Sorbonne, he or she will issue you with a letter of invitation.

If your home institution and Paris 1 Panthéon-Sorbonne University have signed a student exchange agreement in your academic field and at your level of studies, you can take part in study mobility.  Once you have been preselected by your home university, you will receive a link from the International Relations Department of Paris 1 Panthéon-Sorbonne to access the application form, which you will have to fill in and submit before 30 th May (if you wish to arrive in September for the first semester or the entire academic year) or before 30 th October (if you wish to arrive in January for the second semester). Before your departure, you must sign a learning agreement that lists the classes that you will take at Paris 1 Panthéon-Sorbonne (among those open to exchange students) and/or activities (offered by doctoral schools) in which you wish to take part during your mobility at Paris 1 Panthéon-Sorbonne University.

You must then fill in the online application form with the following documents:

• Learning agreement in  French (Word - 892 KB)  or in  English (Word - 891 KB)  completed and signed by yourself and by the academic teacher or research director of your home institution. Your learning agreement will be signed by your academic advisor at Paris 1 Panthéon-Sorbonne once you arrive in France. 
• Letter of invitation from the professor at Paris 1 Panthéon-Sorbonne University who agrees to supervise your research stay.
• Language certificate of minimum level B2 ( DELF / DALF , TCF or a letter written by a French teacher from your home university). If you choose classes taught in English, you must also provide a letter written by an English teacher from your home university or an equivalent language certificate of English ( IELTS , TOEFL , etc.).
• Copy of transcript of grades obtained in higher education, with a translation in French (see  grade conversion table (PDF - 315 KB - French) ).
• Copy of the passport or identity card .
• If you are an exchange student outside the Erasmus+ programme, you will also need to provide a CV , a cover letter and a letter of recommendation .

Once your application is accepted by Paris 1 Panthéon-Sorbonne, you will receive your admission certificate by the end of June, and you will be able to enrol as an exchange student to be exempt from the payment of tuition fees at Paris 1 Panthéon-Sorbonne University. During your stay in France, you will remain enrolled in your home institution and continue to pay tuition fees there. You also have the possibility to carry out an internship at Paris 1 Panthéon-Sorbonne University. For more information on the procedure, please consult your home institution and the relevant doctoral school in Paris 1 Panthéon-Sorbonne.

If your home university participates in the Erasmus+ programme, you can set up an Erasmus+ agreement for traineeship which could enable you to obtain an Erasmus+ "traineeship" grant from your home university.

Otherwise, you must draw up a hosting (or internship) agreement setting out your working conditions at Paris 1 Panthéon-Sorbonne University, in particular the duration of your stay and the terms and conditions for your research supervision. This agreement must be signed by your host laboratory at Paris 1 Panthéon-Sorbonne, your home university and yourself. For more information, get in touch with your doctoral school.

If your application is accepted, you will have to enrol at Paris 1 Panthéon-Sorbonne as an unregistered student. This will allow you to obtain your student card and access to the university libraries.

You come from a partner institution

• You are a PhD student at Columbia University (New York): check out the  Alliance program grants
• If you are coming under an Erasmus+ student exchange agreement, you can apply for an Erasmus+ "study" grant or an Erasmus+ "traineeship" grant. In both cases, we encourage you to contact your home institution to find out how the grants are awarded.

You do not come from a partner institution If your home university participates in the Erasmus+ programme, you can establish an internship agreement and obtain an Erasmus+ "traineeship" grant from it.

Other grants

We encourage you to check calls for applications on the websites of French embassies abroad, the  Instituts français  and the  Alliances françaises . You can also check the  grant search engine  available on the Campus France website.

Full degree application

Find below the steps to follow to apply to Paris 1 Panthéon-Sorbonne University as a full degree international doctoral student. Paris 1 Panthéon-Sorbonne will apply the same tuition fee rates for the academic year 2024/2025 to French and foreign students regardless of whether they come from a European Union member state (voted by the Board of Governors on 26th October 2023).

You need to check that the thesis topic you plan to cover has not already been defended or is not in preparation, using the two following websites:

• www.sudoc.abes.fr
• www.theses.fr

Submit your research project to one of the professors at Paris 1 Panthéon-Sorbonne University with an  HDR  (accreditation to supervise research). The list of these professors is available from the websites of the university's doctoral schools (ED):

Once a professor at Paris 1 Panthéon-Sorbonne University who is authorised to supervise research has given his/her agreement to supervise your thesis, send your application to the doctoral school to which he/she belongs. This file must be sent between mid-June and the end of October, and must include the following documents:

• Form completed online at  ecandidat.univ-paris1.fr , duly dated and signed
• Copy of your master's degree or equivalent (the  ENIC-NARIC France can provide a statement of comparability between your degree and the French master's degree)
• Thesis project in two versions: long version (2 to 3 pages) and abstract (300 words maximum)
• Written agreement of the Paris 1 Panthéon-Sorbonne professor who has agreed to supervise your thesis (this professor must be accredited to supervise research).

Your application will be reviewed in early November by the thesis commission of the doctoral school you have applied to. If you are accepted, you will have to sign the thesis charter upon your first enrolment.

Useful pages

Visas and residence permits, accommodation in paris, university orientation.

Matthew Olckers

Tips for applying to the pse.

Feb 3, 2017

I am teaching assistant for an M1 microeconomics course at Paris 1 Panthéon Sorbonne. My students are now in the same position I was two years ago – faced with the prospect of applying to M2 programs. One avenue is the Paris School of Economics, which offers the APE and PPD programs. I completed ETE , which has since been swallowed up by APE. A few of my students have asked for advice on applying to the PSE, so I decided to collect my tips into a blog post. These views are my own and are not endorsed by the PSE.

Firstly, I feel unqualified to give tips on applying to the APE and PPD programs. I was rejected from both programs. Lucky for me, I managed to get into ETE and progress to a PhD at PSE. I am very grateful for how things turned out. I met my supervisors through ETE and it would have been unlikely that I would have met them had I been accepted to APE, or PPD. This story brings me to my first tip. The best program for most students may not be the best program for you. Think carefully about what really fascinates you and choose professors rather than programs. There are many other M2 programs besides APE and PPD. Don’t get fixated on the PSE.

PSE is a research focussed institution. Think about the professors’ incentives. It is likely that they are searching for students who would like to continue to a PhD and might even be their junior co-authors in the future. It is very difficult to pick out who will be successful researchers, but at a minimum, you need to show an interest in research.

The coursework at PSE is technically demanding. Many of the current students could comfortably complete a degree in mathematics. You need to show that you have excelled in technical courses in the past to prove that you can keep up with the pace.

You will need reference letters for the application. Since you have only been in Paris for a year, it is unlikely that you have connected with many professors. However, I don’t think getting a reference letter from a PhD student is a good idea. It sends a bad signal. The most meaningful reference letters will rank you relative to your class. Pick a course where you placed within the top 10 percent of the class and approach that professor for a reference letter. The other reference letters could come from your undergraduate professors.

When I was in your position, I wrote to a recent PPD student for advice. Here are some of his best tips:

• If you propose a research interest, you must show advanced understanding of the topic and your research ideas should be cutting-edge.
• You should be confident with econometrics and theory.
• Reference letters should preferably be from recognized academics who can vouch for your ability in economics. (The fact that you are a nice person is irrelevant.)
• The competition is super tough and there are only a few places going directly into M2. Keep in mind that it is a bit like a lottery when there are far more applicants than places.

That is all I can think of for now. Good luck with the applications. Remember, the results are 99 percent out of your control. It’s a relief when you accept that.

Universities

Paris School of Economics

Paris School of Economics: Acceptance Rate, Fees & Courses

Paris, France

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University Type

The Paris School of Economics is a community of nearly 150 researchers and 155 doctoral candidates that was founded in 2006 as a Foundation for Scientific Cooperation (Fondation de Coopération Scientifique) by the CNRS, the EHESS, the École des Ponts ParisTech, the École normale supérieure (ENS-PSL), the INRAE, and the University Paris 1 Panthéon-Sorbonne.

The Paris School of Economics only offers graduate-level programs and has four master's and one PhD program. 

Top Reasons to Study in the Paris School of Economics

Paris School of Economics is regarded as one of the top institutions for both international and domestic students. Some of the most compelling reasons to attend the Paris School of Economics include:   

• In addition to summer school programs and online courses through MOOCs, the institution also provides Executive Education programs for working professionals.
• The Masters in Economics and Psychology, Public Policy and Development, Economic Decision and Cost-Benefit Analysis, and Analysis and Policy in Economics are all offered by the Paris School of Economics.
• Interest candidates can fill in details for exposure to the scholarship programs offered by the Paris School of Economics. These scholarships are majorly awarded to extraordinary students who do exceptionally well in both academics as well as other extracurricular activities. The following are some of the Paris School of Economics scholarships for international students: Servicescape scholarship; NATA Business scholarship; NLB scholarship and; CNR building future scholarship etc.

Masters in Analysis and Policy in Economics

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Msc in Public Policy and Development

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Admissions at The Paris School of Economics

How to apply at paris school of economics.

• Go to the Paris School of Economics official website 
• Selection of the curriculum and degree of study that you want to apply for 
• Look out for eligibility requirements listed on the official website of the Paris School of Economics .
• Apply the required documents in order, and fill up the admission application form.
• Fill out the application form before the mentioned deadline.

Paris School of Economics’s Application fee- The Paris School of Economics's administration charges NO application fee for international students. It’s completely free to fill out the application form.

Documents Required to Apply to Paris School of Economics

• Proof of fee deposition
• Student visa
• Motivation letter
• Financial support declaration
• Local language certificate
• Supervisor agreement form

Exams Accepted By Paris School of Economics

General English proficiency scores accepted at the Paris School of Economics are listed below:  

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Campus life

Campus locations Paris

Transportation in the city.

There are many options for getting to the Paris School of Economics, such as taking the bus, train, walking, or renting a motorbike. The city has a well-developed and effective public transportation system.   The University's Transit Program offers discounts and reward programmes for buses. At Paris School of Economics, the monthly Metrorail pass is discounted by 50% for all full-time students.

Services offered by the university

• The student health services staff is on hand to greet students, listen to their concerns, and give them health-related information. 
• All 7 of the University's constituent faculties have a diverse staff of secretaries, nurses, medical professionals, psychiatrists, and dieticians available to assist you.
• There are 5 different giant libraries available at the campus of Paris School of Economics namely as follows: Library of Chataney - Malabry; Library of Kremlin- Bicetre; Library of Sceaux; Library Jacques Hadamard and; Library of Orsay.
• Everyone has access to a digital workspace and tools for studying and working at  the Paris School of Economics , including private messaging, WiFi access on all campuses, computer labs with controlled access and free access, an online learning platform, and many other digital services.

Student life at Paris School of Economics

• Students at the Paris School of Economics have access to a wide variety of cultural activities to express their creativity, hone their skills, and improve their wellness. literature, photography, music, dance, theatre. 
• Throughout the academic year, up to 40 activities (in French) are offered, most of which are free. Partnerships with respected cultural institutions enhance this offer.
• By encouraging the interactions between the arts, sciences, and technology as well as initiatives that help to advance the scientific culture in society, the Paris School of Economics also seeks to strengthen relationships between society, people, and the scientific community.
• At  Paris School of Economics , there are around 80 different sports activities available thanks to the SUAPS, the University's Sports Activities organisation, and several student sports groups
• Each university campus offers a wide range of alluring sports facilities, including a university pool, a horseback riding centre, tennis courts, two professional dance studios, a 300m2 dojo, two gyms with the newest weightlifting equipment, several sports halls, and outdoor sports fields.
• The sports you select can be a requirement for your degree or something you do in your leisure time. Additionally, during the year, a number of events, courses, tours, and vacations are scheduled.

On campus accomodation at Paris School of Economics

The Paris School of Economics offers on-campus housing for students. A range of lodging options is available on or near the campus. Overall, it is entirely up to the students whether they choose to live on campus or somewhere else in the neighbourhood.

There are so many residence halls on campus provided by the Paris School of Economics. The names of those halls are as follows:  Studapart; Roomlala; Adele; Lokaviz and; the Guichet halls.

Faculty Information

University Faculty Stats

Paris School of Economics has 480 students, including 80-100 international students. Specialists, scholars, and research scientists from all over the world attend the Paris School of Economics. The calculated student-to-faculty ratio at the Paris School of Economics is 11:1, and 63.4 per cent of its classrooms have fewer than 22 students. The full-time undergraduate and postgraduate population at Paris School of Economics comprises 51 per cent women and 49 per cent men.

Jobs and Opportunities

Research opportunities at Paris School of Economics

The university runs two types of research programs, namely ERC and Program for Jean d'Alembert Fellows. 

The ERC funds four different kinds of projects: Beginning: For researchers of any country who have two to seven years of experience; Consolidator: For researchers of any nationality with more than 7 and: Advanced level. up to 12 years of experience for researchers with up to 12 years of expertise; A funding programme called Proof of Concept is available to researchers who have already received an ERC grant. Its goal is to facilitate the commercialization of ERC grantees' research findings or assist them in exploring the innovative potential of their work.

The program for Jean d'Alembert Fellows

Université Paris-Saclay offers highly qualified international scientists the opportunity to spend six to twelve months working in one of the university's laboratories through the Jean d'Alembert fellowship programme. All types of scientists from all nations and specialities are eligible. Before applying in relation to the Paris-Saclay home team, the scope of the project and the length of the stay must be determined.

Internship opportunities at Paris School of Economics

The placement of its PhD graduates is supported by the Paris School of Economics. 90% of their graduates pursue academic careers as assistant professors. Funding programs and internship opportunities are available at the Paris School of Economics (PSE) for international students. Aside from university-based grants, many other organisations, such as foundations, trusts, and corporations, provide stipend-related help to international students.

Placement of Paris School of Economics

The Paris School of Economics has maintained a reputed and well-defined placement rate throughout the years. Young PhD students who have finished their thesis at PSE enter the job market in France or abroad after completing it. The average salary of Paris School of Economics graduates is 84,594 EUR (6,937,233 INR).

1. What is the Paris School of Economics acceptance rate?   The Paris School of Economics acceptance rate for international students is 20%, making it possible for only a quarter of applicants and tightly selective. Therefore, it becomes mandatory for the students to clearly understand all the terms and requirements of acceptance. 

2. What is the average tuition fee for international students at the Paris School of Economics? The average Paris School of Economics Tuition fee is around 170-280 EUR (13,800 INR-22,800 INR) per year for international students. However, the tuition fees are different for different levels of degree.  

3. What are the minimum Paris School of Economics GPA requirements? To be considered for admission to the Paris School of Economics in the United States, students must have a minimum GPA of 3.0.

4. When is the application deadline to submit the application form to the Paris School of Economics ? Paris School of Economics 's early choice to make I and early decision deadlines are November 14th. On the other hand, the early decision II and regular decision deadlines are on January 27th of each year. When you apply to the Paris School of Economics , a number of factors influence the exact date.

5. What is the average cost of living while studying at the Paris School of Economics ? The cost of living at the Paris School of Economics  for international students comprises tuition fees, accommodation costs, meals and other expenses, estimated to be around 300 EUR (24,500 INR) when living on campus and 400 EUR (33,306 INR) when living off campus . For miscellaneous and personal expenses, the charges vary.

Home > Academics > Master's Programmes > Master in Economics

Master in Economics

Two-year Master's

Programme in English

120 ECTS minimum

Live broadcast on Youtube

Master's In Economics (English broadcast) - 14 May at 3pm (Paris time)

Head of studies in Economics and students of the School of Research present the master programme. Also ask all your questions live on Youtube.

Presentation

The Masters in Economics is the gateway to the PhD program in economics . The Masters focuses on the following elements:

• Training in the technical and methodological foundations of microeconomics, macroeconomics, and econometrics in the first year;
• A range of specialty courses in the second year;
• A research paper supervised by a member of Sciences Po's department of economics .

The program is taught entirely in English

The program is for students seeking to acquire technical, quantitative and concrete skills in economics. It enables students to pursue a PhD (it is the only Sciences Po Masters degree that qualifies students for a doctorate in economics), but also provides access to careers requiring technical skills such as international organizations, think tanks and consulting services.

This Masters program is now internationally renowned:   

• The top graduates of this Masters who subsequently pursued a PhD were admitted to the most prestigious PhD programs, such as those offered by Berkeley, Yale and Duke, as well as Sciences Po's doctoral program.  
• The Masters in Economics is part of the prestigious European Masters Programme network that includes LSE, Oxford and Bocconi, among others, and is funded by Unicredit, which offers scholarships for top candidates.
• The team of international professors teaching in the Masters are mostly members of Sciences Po's department of economics. 

This program is taught in English and requires command of the English language in addition to quantitative skills.

Please note : This Masters is also available in the form of a joint degree with Paris 1: Dual Degree in Economics and Quantitative Economics . 

Structure of the programme

The first year of the program is designed to provide students with technical skills in microeconomics, macroeconomics and econometrics. Certain elective courses are offered in other fields such as political science.

The second year includes more elective courses, allowing students to specialize in their area of interest. The last semester is primarily devoted to writing a research paper under the supervision of a member of the department of economics. 

• Programme, semester 1
• Programme, semester 2
• Programme, semester 3
• Programme, semester 4  

Master Thesis in Economics : discover the best master thesis

Please refer to the admissions website . 

Kellen scholarships

Beyond the general scholarships and financial aid from Sciences Po, the Department of Economics offers 5 scholarships of fees waivers worth up to 8.000€ per year (for the two years, 16.000€ overall). These "Kellen scholarships" are eligible for applicants from all admission procedures to the master in economics and are based on academic excellence and dedication to postgraduate studies in economics. All admitted applicants are automatically considered without any specific application to do, the possible scholarship being mentioned at the admission stage. The Kellen scholarships cannot be combined with others offered by the Institution (including Emile Boutmy and Unicredit).

Teaching Staff

The core of the teaching staff are professors of the Department of economics . Some invited professors also participate.

Pierre-Philippe Combes Head of studies in Economics, CNRS Professor, Department of Economics Sciences Po

Contact us by e-mail or telephone to make an appointment:

Hadjila Nezlioui-Serraz Administrative Officer Tél : +33 (0)1 45 49 72 35

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Organisation of the program

To apply for the Panthéon-Sorbonne Master's degree in Economics, students must provide the following:

• A detailed CV in English
• A cover letter describing interest in the programme, accomplishments, and future plans, specify if you would like to enroll in one of the specialized tracks or which specialized M2 program you hope to do if this is your wish (max: one page)
• Certified English translations of academic transcripts
• A copy of Bachelor's Degree in Economics (in case you are still an undergraduate student, please send us your transcript and as soon as you graduate and have your degree, send us a copy of it)
• GMAT or GRE score if available (especially if your undergraduate degree is not in Economics)
• An English language certificate: TOEFL scores (no older than 3 years, at least 550 for PBT; 80 for IBT; 213 for computer-based test) of at least 550 or another certificate deemed to be equivalent. If available, the TOEFL can be substituted by: PTE with an academic score of at least 54 or IELTS with an average score of at least 6.5
• Two letters of recommendation
• A copy of your passport
• Application Form 2023/2024 (Word, 20Ko)
• Important information regarding an optional double enrollment in PSME + National M1 (PDF, 486 Ko)

Application Instructions

Incomplete applications will not be accepted.

ALL applicants will need to complete an online application via ecandidat.univ-paris1.fr between January 17th and April 15th.

There are no application fees. The tuition fee for the academic year of the PSME is set to 6500 euros:

If you are accepted by the admission committee, you will receive a link to pay these fees. The reservation fee is set to 500 euros that you should pay within 3 months after your admission and at least before 31st May. You should pay the remaining fees by 15th July. Starting in 2018 all students enrolling in a higher education institution in France must pay  CVEC fee (PDF 384 Ko) to support student life and campus life in France via https://cvec.etudiant.gouv.fr/. The CVEC fee is not collected by the University nor the PSME program.

The tuition fee covers 60 ECTS credits of courses in the Fall and the Spring semesters, which corresponds to what is required per year in the Bologna system.

Some outstanding students from developing countries and having financial difficulties can obtain a partial exemption to  500 euros/year. You should provide your resource justification and a letter explaining your situation.

These fees do not cover photocopies, books, accommodation, health insurance, meals, or general expenses. However,  reservation, library access and internet access will be provided.

Early applications via email between October 15th - November 1st (necessary for Eiffel application)

Regular applications via ecandidat between January 17th and April 15th

Up to 60 students can be accepted in this programme (including up to 30 from the Fudan Program ).

All applications are examined and answered on an on-going basis. Hence the earlier you apply, the more likely you are to be accepted.

WARNING: It is highly recommended that candidates submit their application as early as possible. Given the success of the program we will probably open a waiting list before the April 15th deadline.

Note that early application is a prerequisite to be able to apply to scholarship programs, notably those offered by the French foreign affairs services.

Early application also guarantees your access to one of the 20 student rooms that we pre-book for PSME students at the Cite Internationale Universitaire de Paris .

Also note that the reservation fee has to be paid before the 1st of May and the remaining fees have to be paid by the 15th of July.

We examine applications on an on-going basis. We provide our first batch of responses in January.   We will only consider complete applications received. For those who apply before January, you should send us your application via email and then complete the online application process at ecandidat starting in January.  The 1st batch of applicants should receive a reply in February. For those who apply between January and April, we will give you an answer generally within 1 month after receiving your application. The admissions are done on a rolling basis, so the earlier you apply, the better your chances of acceptance .

If you do not hold a BA in economics, but have a university degree involving math and/or economics, you may still apply. The admission committee will decide if your economic background is sufficient for the PSME program. All those fitting this description who have additionally achieved a high standing from their university are encouraged to apply.

Your proficiency in English is essential for the PSME program. If your mother tongue is English or you have been studying in English, you are exempted from providing an English certificate.

The Program

The Pantheon Sorbonne Master in Economics is the first year of Master studies in the European System. It is equivalent to an MSc in Economics. Upon successful completion of the 1st year PSME program, you have the opportunity to enroll in one of the 20 specialized 2nd year Master programs at one of the most reputed Economics departments in France and in the world. Created in 2007, The Panthéon Sorbonne Master in Economics is meeting a triple challenge:

• Train international English-speakers in the field of Economics at the Master level and in French .
• Prepare students for further specialization in the 2nd year master programs in France (Ex. Sorbonne School of Economics and Paris School of Economics, Toulouse School of Economics) or elsewhere in Europe (Ex.London School of Economics).
• Build a world-wide network of highly educated, open-minded individuals with expertise in various fields of economics .

In addition to the general program, PSME now proposes three specialized tracks,with specialization courses in the following fields: Financial Economics, Development Economics and International Economics.

The Financial Economics track includes specialization courses in finance (Financial Markets, Principles of Corporate Finance, International Finance, Applied Data Science in Finance (Python)). Students will obtain an equivalence with the Master 1 «Monnaie, Banque, Finance, Assurance» and get a direct access to a Master 2 program in Financial Economics.

The Development Economics track includes specialization courses in development (Development policies, Development Macroeconomics, Empirical Methods). Students will obtain an equivalence with the Master 1 «Economie du Développement» and get direct access to a Master 2 in  «Development Economics» (in English) or «Economie du Développement Durable» (In English and French).

The  International Economics track includes specialization courses (European Integration, Applied Finance). Students will obtain an equivalence with the Master 1 «Economie Internationale / Economie de l’Environnement» and get a direct access to a Master 2 in this field in French with some courses in English.

An additional fee is required for the specialized tracks in order to complete the double enrollment in one of the national french M1 programs. This fee is determined by the French government every year in the summer and is around 250 euros.

Details on the program

Fall Semester :

Courses : 12 September 2022- 16 December 2022 Exams: 4 January - 20 January 2023 French Language Exams to be held on December 16th Fall recess : 29 October - 6 November 2022 Winter recess : 17 December 2022 - 2 January 2023

National Holidays (No classes)

All Saints Day: 1 November Armistice Day: 11 November Christmas Day: 25 December

Spring Semester

Courses : 23 January 2023 - 22 April 2023 Winter recess : 26 February 2023 - 5 March 2023 Spring recess : 22 April 2023 - 1 May 2023 Exams  : 4 May 2023 - 20 May 2023 Dissertation : 27 May no later than 14h

Second Session (make up exams for the year) 12 June 2023 - 30 June 2023

Pantheon-Sorbonne Master in Economics First Year (PSME)

Centre Panthéon

PSME Panthéon-Sorbonne Master in Economics

+33 (0)1 44 07 88 89

[email protected]

Graduate Program in Economics

Program objectives.

The PSL Graduate Program in Economics offers a comprehensive curriculum of advanced study and research, from the Master's to the Doctorate degree, in theoretical and applied economics. It equips the professional economist with the powerful tools required to understand the rapidly changing, complex, and uncertain modern world economy. Thanks to its association with 3 research departments (LEDa at Université Paris Dauphine, CERNA at Mines ParisTech and Center for the Economy of Innovation at Collège de France) with a high-level international reputation, if offers a training in which research plays a central role, starting at the Master level.

Skills acquired:

• Advanced training in a large number of fields in economics: macoeconomics and finance, international and development economics, public policies, health economics, energy and environment, industrial organisation and economic theory.
• Advanced skills in quantiative methods including econometrics, data sciences and statistics.
• Making use of advanced economic theories and models as well as quantiative methods to the analyse complex problems relevant for economic and social policies.
• Making policy recommendations based on state-of-art scientific knowledge regarding economic and social issues.

Job market candidates

The graduate program also offers dedicated training and financial support for students who are about to defend their PhD and want to go on the national or international job market.

Job market placement

When you enroll in a Graduate Program, you also join  Université PSL . Ranked in the top 50 universities in the world (THE and QS), PSL offers excellent graduate programs at the Master's and PhD level, which benefit from the scientific capabilities of its member institutions.

Organization of the Graduate Program

The research departments associated to the graduate program are :.

• LEDa at Dauphine-PSL
• CERNA, I3, at MINES Paris-PSL
• Center for the Economy of Innovation at Collège de France

The degree is issued by Université PSL and taken at Université Paris Dauphine - PSL.

Opportunities

Opportunities for students enrolled in the graduate program in economics.

Research Internships,  PhD Presentation Workshop, Job Market training program, International mobility program... For First and Second year Master and PhD students

Look for Opportunities

Certificate of Advanced Quantitative Methods in Economics (AQME)

For master 1 and 2 students.

The Certificate of Advanced Quantitative Methods in Economics (AQME) is a specific course expanding over the first and second years of Master. It offers advanced training in quantitative methods particularly designed for Master students who want to proceed towards a PhD or work in research departments or institutions.

AQME Certificate graduate program

David ETTINGER

Professor of economics

Head of the program

Université Paris Dauphine-PSL

Managing establishment

MINES ParisTech

Member Establishment

Collège de France

Lucie neuville.

Training Assistant

Executive board of the graduate program:

Sidartha Gordon

Head of international affairs of the Graduate Program in Economics and Job Market Officer

Anne Epaulard

University Professor

Head of the Doctoral Program in Economics of Université Paris Dauphine-PSL

Najat El Mekkaoui-de Freitas

Associate Professor

Co-Head of the Master in International Economics and Development

Gianluca Orefice

Lise patureau.

Head of the Master in Quantitative Economic Analysis

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• Economics Program

Master Year 1 in Economics

• Description

Institut Polytechnique de Paris and HEC Paris offer a two-year research-oriented program in economics entirely taught in English, that offers advanced training in economics through coursework and supervision by faculty. It is aimed at students who want to become professional economists working in government, central banking, international organizations, consulting, finance or in academic research.

The program heavily relies on advanced quantitative methods for both theoretical and empirical analysis. During the first year, students take advanced core courses in microeconomics, macroeconomics and econometrics. They also engage in research projects under the supervision of faculty and acquire a first hands-on contact with research. During the second year, students can specialize within subfields of economics. By the end of that year, they should be at the research frontier within their main area of specialization and have gained successful research experience. They also write a first research paper for their PhD thesis.

A small subset of students may enter the program as "PhD Track" students. This program is aimed at students with a strong desire for research in quantitative economics who intend to continue towards a PhD in Economics at CREST and IP Paris.

At the end of the second year, students who has achieved sufficiently good grades, have written a research proposal and found a potential PhD supervisor within CREST may progress to the dissertation period (three years) of the PhD program. Progress is conditional on securing funding and IP Paris and CREST will do their best to help candidate to obtain such funding (e.g., IP Paris provides a limited number of three-year doctoral fellowships). During the second year of the program, students who specialize in financial economics or economic theory and decision sciences may also apply to the PhD program at HEC Paris. Students who entered the Master program may also progress to the research phase of the PhD program.

• Language of instruction: English
• Oriented: Research
• Duration: 2 years
• Courses Location: IP Paris – Ecole polytechnique and ENSAE - and HEC Paris

In partnership with:

The goal of this program is to provide an advanced training in economics at the highest international level with a strong emphasis on advanced quantitative methods for both theoretical and empirical analyses.

In the first year, students get acquainted with the most important analytical techniques used in economics. The training is mostly devoted to acquiring the most important tools in microeconomics, macroeconomics and econometrics through a complete core course training, as well as completing a research internship.

During the second year, students can specialize within a sub-area of economics. Fields of excellence and potential areas of specialization, include:

• Econometric theory,
• Environmental and development economics,
• Game and decision theory,
• Industrial organization and digital economics,
• International economics,
• Labor economics,
• Macroeconomics,
• Public economics.

Throughout the second year, students conduct a research project and write a master’s dissertation under the direction of a faculty member.

Career prospects

The wide variety of courses, seminars, projects and internships proposed during the master offers the possibility, for every student, to build his/her own curriculum in economics. There are many job opportunities available immediately after the master, for instance in government agencies, international organizations, consulting, finance. Students may join PhD programs in international universities. Institutional partners: HEC Paris

Industrial partners

Industrial partners: The internship program at the end of the first-year gives students an opportunity to apply their quantitative skills and knowledge to real-life problems at well-known national and international institutions, companies, and organizations. Examples of such institutions having hired interns in the past include BNP-Paribas, EDF, Lafarge, the IMF, the World Bank, the OECD, DG Trésor, etc. Our department also has long-term research partnerships with EDF, AXA, Deloitte, Société Générale, etc.

Outline of the First Year: M1

All courses are mandatory.

S1 First Semester Courses:

• ECO 550 - Microeconomics 1: 8 ECTS.
• ECO 551 - Macroeconomics 1: 8 ECTS.
• ECO 552B - Econometrics 1: 6 ECTS.
• ECO558 - Introduction to Time Series Econometrics: 2 ECTS.

S2 Second Semester Courses:

• ECO 560 - Microeconomics 2: 8 ECTS.
• ECO 561 - Macroeconomics 2: 8 ECTS.
• ECO 562B - Advanced Econometrics 2: 8 ECTS.
• S1 & S2
• ECO 511 - Project in Applied Economics: 4 ECTS.

S3 Third Semester Internship: 8 ECTS.

First Semester

(end of August, beginning of September)

Mathematics, Optimization, Probability, and Statistical Inference - 36 hours Nicolas Vieille ,  Pierre-Edouard Collignon

• Basic calculus.
• Linear algebra.
• Static and dynamic optimization.
• Basic probability theory.
• Statistical inference.

Introduction to Stata - 8 hours Germain Gauthier

The objective of this course is to allow participants to be able to work and conduct their own empirical analyses with the statistical software STATA, which is one of the leading programs used by researchers in econometrics.

The course will be taught in a very applied way using real-world datasets, covering basic commands, data management, data manipulation, graphs, statistical analysis, regression analysis (cross sectional data, time series, panel data, and qualitative data) and basic programing (more specifically loops).

Over the whole year

Coordinators:  Alessandro Riboni ,  Geoffrey Barrows Students must work in groups of 2 or 3. They should rely on a statistical software, such as Stata, to apply econometric methods to a dataset. This work leads to the writing of a small dissertation and to an oral presentation. Website of the projects

Individual decision-making and market equilibrium - 50 hours Tristan Tomala ,  Bruno Biais ,  Johan Hombert

• Choice theory and introduction to welfare economics.
• Consumer theory.
• Social choice (preference aggregation and manipulability).
• Producer theory.
• Choice under uncertainty (expected utility, risk aversion).
• General equilibrium, fundamental welfare theorems.
• Asset markets and general equilibrium under uncertainty.
• Externalities and public goods.
• No trade theorem, rational expectations.

Economic Growth - 50 hours Georgy Lukyanov ,  Alessandro Riboni

• Neoclassical growth model.
• Public policies in the neoclassical growth model.
• Structural transformation.
• Inequality, political economy of growth.
• The overlapping generations model.
• Public policies and bubbles in the overlapping-generations model.
• Product variety model.
• Schumpeterian growth.

The Linear Regression Model and Extensions - 40 hours Sebastien Roux ,  Thierry Kamionka

In this course we introduce the linear regression model and its theoretical foundations. We present and discuss the methods to estimate such models, i-e to define the parameters of interest, estimate them and test their statistical significance, under different sets of assumptions (homoskedasticity or heteroscedasticity, exogeneity or endogeneity), specifications (simple or multiple regression) or types of data (cross-sectional, panel data, time series). Outline: 1. Introduction to econometrics 2. The Simple Regression Model 3. Multiple Regression Analysis: A. Estimation B. Inference C. Asymptotics 4. Qualitative Information in Linear Regression 5. Heteroskedasticity 6. Repeated Cross Section and Panel Data 7. Instrumental Variables Literature: Angrist and Pischke: (2009): Mostly Harmless Econometrics, Princeton University Press. Wooldridge (2013): Introductory Econometrics: A Modern Approach, 5th Edition, South-Western College Publishing.

Jean-Michel Zakoian

• Generalities on univariate second-order stationary processes
• Autocovariances, partial autocorrelations
• Innovations
• Wold theorem
• Asymptotic properties of empirical moments.
• AR, MA, ARMA, SARIMA processes
• Canonical representation - Identification, estimation, tests and forecasting
• Model building
• Nonstationary models, Unit root tests.
• Stationary vector processes
• Multivariate AR models
• Statistical Inference
• Causality tests, impulse-response analysis.
• Non-stationary vector processes and definition of cointegration
• Cointegrated VAR models and error-correction models (ECM)
• Estimation of cointegrated VAR
• Testing for Cointegration.

Second Semester

Strategic Interactions and Information50 hours Yukio Koriyama ,  Olivier Gossner

• Normal form games, pure and mixed strategies, equilibrium concepts (dominance, rationalizability, Nash).
• Imperfect competition (Cournot, Bertrand, Hotelling).
• Extensive form games with perfect information, backwards induction.
• Extensive form games with imperfect information (information sets), normal form representation.
• Bayesian games, auctions, adverse selection, signaling, screening.
• Equilibrium refinements (Perfect Bayesian equilibrium, sequential equilibrium).
• Social choice and introduction to mechanism design.
• Contract theory, principal agent models, risk sharing.

Business cycles - 50 hours Jean-Baptiste Michau

• Traditional macroeconomics: The IS-LM AD-AS model.
• Consumption.
• Investment; The ramsey model.
• Determination of the price level.
• Real business cycle theory.
• The new Keynesian framework.
• Asset pricing; The Aiyagari model.
• Search models of the labor market.
• International macroeconomics.
• The Great Recession.

Nonlinear, Qualitative Data, and Panel Methods - 40 hours Christian Belzil

• Extremum Estimators 1st part: M-Estimators (Maximum Likelihood, Nonlinear Least squares).
• Extremum Estimators 2nd part: GMM.
• Hypothesis Testing: Wald, Lagrange Multipliers, Likelihood Ratio Statistics.
• Instrumental Variables, 2SLS, Multiple-Equation GMM (if time).
• Dynamic Panel Data: Instrumental Variables and GMM.
• Binary Choice Models.
• Multinomial and Ordered Choice Models.
• Non-linear Panel Data Models.
• Censored Regressions.
• Duration Models.

Third Semester

During the third term, students must complete a research internship of at least 16 weeks. The internship must be either related to micro (ECO 591), to macro (ECO 592), or to finance (ECO 593).

Academic Prerequisites

Bachelor in economics, mathematics or social sciences (or the equivalent). A GRE certificate is strongly recommended. This allows students to demonstrate the strength of their quantitative skills.

In exceptional circumstances, students who have already completed the first year of an equivalent program with very good grades, may be directly admitted to the second year. In case of doubt, do not hesitate to apply for admission at both M1 and M2 level and/or to contact the program directors before applying.

Language Prerequisites

• A certificate of competence in English (TOEFL, IELTS, TOEIC, Cambridge ESOL) Level B2. (Students who studied in English speaking Colleges are exempted).

List of Documents 

• A photocopy of your ID.
• A photocopy of your transcripts (Translated into English or into French for foreign candidates).
• A GRE certificate is strongly recommended. This allows students to demonstrate the strength of their quantitative skills.
• A cover letter.
• Two academic references (added online directly by your referees).

Fees and scholarships

Fees for 2023-2024 are :

• EU/EEA/Switzerland students: 4648€
• Non-EU/EEA/Switzerland students: 6839€
• Engineer students enrolled in one of the five member schools of Institut Polytechnique de Paris (Ecole polytechnique, ENSTA Paris, ENSAE Paris, Télécom Paris and Télécom SudParis): 159€
• Special cases:  please refer to the "Cost of studies" section of the FAQs

Find out more about scholarships

Please note that fees and scholarships may change for the following year. 

Applications and admission dates

Coordinator.

Jean-Baptiste Michau

Program office

Weronika Leduc

General enquiries

Admission office