PhD in Economics and Finance


Program Description

The program concentrates on economic theory and its applications in economic and financial analyses. The program focuses on the modeling and analyses of economic processes and the behavior of economic agents, using modern microeconomics, macroeconomics, econometrics, econometrics, and finance. The doctoral program aims to prepare highly qualified and trained experts for academia, international organizations, the financial sector as well as for the other industries.

Description of verification and evaluation criteria

Application criteria:

  • Completion of a master program.
  • A positive approval of the admission committee.

The deadline for submitting the application is 30. 4. 2019.

In case of paper application please, send the application with required attachments via post-mail in paper to Marie Stanovská (, Studijni oddeleni Charles University, Faculty of Social Sciences, Smetanovo nabrezi 6, 110 01 Praha 1, Czech Republic.

Please, choose study language: English, and study program: Economics, when filling the application form.

The required attachments are as follows:

  • Certificates of graduate education.
  • Transcript of undergraduate and graduate education (a list of courses taken and grades).
  • Curriculum Vitae (structured, and with a list of publications).
  • Evidence of advanced knowledge of the English language (if available).
  • Dissertation research project (min. 3 pages).
  • Dissertation research project abstract (max. 200 words).

Highly recommended attachments:

  • One recommendation letter of a prospective supervisor, preferably affiliated with the Institute of Economic Studies, Faculty of Social Sciences of Charles University.
  • One recommendation letter of an academician.
  • Any additional relevant documents (such as certificates of language skills). These might or might not be taken into account by the admission committee.

Specification for the academic letters of recommendation:

  • Both recommendation letters should be attached to the application and also sent via email to the Director of the Graduate Studies at the Institute of Economic Studies Faculty of Social Sciences of Charles University, Prof. Evžen Kočenda (, and in a copy to the administrator of the application process, Jan Žáček (
  • The letter of a prospective supervisor should confirm the willingness of the preferably IES-associated academic economist to be the applicant’s supervisor in case of a successful application.
  • The second letter should be written by an academician that can provide an academic and professional evaluation of an applicant.
  • The tuition fee is expected to be €500 per an academic year.

There is no entrance exam as a part of the admission process. It is assumed that an applicant possesses professional knowledge at the level of a graduate of the IES master program. The admission committee leads a technical debate about the quality of an applicant. The committee evaluates documents submitted by an applicant, especially the quality and the topic of the research proposal (max. 50 points). The committee also evaluates the motivation and overall preparation of an applicant for research (max. 25 points) and his/her pro-active attitude to consult the research proposal with his/her prospective supervisor including the prospective supervisor's agreement to become applicant's supervisor in case of a successful admission (max. 25 points). An applicant can receive max. 100 points. The admission committee can ask for additional documents if necessary. The point limit for accepting applicants is set by the Dean of the Faculty of Social Sciences of Charles University, taking into account the number of applicants and the capacity of the faculty.

Conditions for admission

Admission to Doctoral studies is conditioned by successful completion of a Master's study program.

Verification method: entrance exam
Confirmation date (of entrance exam) from: 10.06.2019 until: 14.06.2019
Alternative date (of entrance exam) from: 24.06.2019 until: 04.07.2019

Career Prospect

Graduates of the four-year doctoral program in Economics and Finance are skilled experts in economic and financial theory and their applications. The graduates are proficient in mathematical and statistical foundations of economics and finance and are familiar with state-of-the-art knowledge and methods in microeconomics, macroeconomics, econometrics, and financial theory. The graduates can apply their knowledge in various fields of their interests, including economic policy, financial markets, international economics, corporate finance, behavioral economics, and law and economics. The graduates are able to pursue independent research as well as analytical work in academia, government, international institutions, the financial sector, and business.

Last updated Mar 2020

About the School

The Faculty of Social Sciences (FSV UK) is a part of one of the oldest universities in the world which was founded in 1348 by Holy Roman Emperor Charles IV. Shortly after the establishment in 1990, F ... Read More

The Faculty of Social Sciences (FSV UK) is a part of one of the oldest universities in the world which was founded in 1348 by Holy Roman Emperor Charles IV. Shortly after the establishment in 1990, FSV UK became a regional centre of teaching and research in economics, sociology, political science, international relations, area studies, media studies and journalism. Read less