PhD in General and Quantitative Economics

General

Program Description

Timetable, schedule and study obligations

Compulsory and optional subjects are taught during the Doctoral School's training program. If necessary, students may also study “catching-up” subjects, while they also receive comprehensive methodological and professional basic training in the form of subjects that are compulsory for all participants, and then, depending on their chosen specialization, students may choose further compulsory (specialization) subjects, and finally, they can study alternative subjects aimed at acquiring in-depth knowledge in certain special fields.

At the beginning of each term, the course leader informs the students in writing about the syllabus and examination system of the subjects taught. It is compulsory to attend the sessions regardless of whether the doctoral student has a full-time or part-time status.

The list of the accepted subjects, the number of credits belonging to the individual subjects, the subjects recommended to be completed and the number of credits recommended to be achieved in the individual terms are included in the Term Prospectus.

The languages of instruction are English and Hungarian. 

Individual curriculum – carry-forward

The curriculum also includes the term in which it is recommended to complete the compulsory subjects. It is composed in a way that doctoral students can complete their study obligations in two years. A course commenced but closed unsuccessfully may be carried forward only once based on a consent granted by exercising exceptional equity. Doctoral students may address their questions regarding individual training and individual timetables to the consulting instructor.  

Reporting system

Students' performance in the different subjects is evaluated in every case, disregarding the form of training applied in the given subject (i.e. in the case of individual reading programs supervised by a consultant, and also in the case of a series of lectures and seminars). The conditions for assessment may vary by subject and the applied form of training. In the case of each course, performance is normally evaluated by using a three-grade scale (excellent, passed, failed).

At the end of each year, the head of the program decides on the basis of the students' overall results (if in doubt, by seeking the opinion of the Doctoral School Council) whether students can continue their studies. 

Part-time training abroad

Doctoral students may participate in part-time training abroad in the second year at the earliest. Doctoral students who have not obtained the required number of credits must complete the courses abroad during their foreign study visit based on prior consultation with the Head of the Doctoral School and in agreement with the head of the specialization and the consultant. In any other case, they must postpone their studies by one year.   

Complex examination criteria

In the training and research phase, doctoral students must complete 120 credits to be able to take the complex examination. The annual schedule of the accounting of credits and its breakdown (study, training, research) is governed by Section 14 of the Doctoral Rules of the University Doctoral Council. The completion of the credits is inspected by the Head of the Doctoral School.

During the training period a total number of 120 credits must be obtained at least, consisting of three components:

  • Subject credits (40-60 credits)
  • Research credits (at least 40 credits)
  • Educational credits (up to 20 credits).

Complex examination

Applying for the complex examination is subject to completing 120 credits and fulfilling the obligations relating to the knowledge of languages. Section 24 of the Doctoral Rules contains the general obligations relating to the knowledge of languages. As a second language, the Doctoral School of Economics accepts all languages at any level, in which an official state language examination can be taken. The detailed rules relating to the complex examination are set out in Section 27 of the Doctoral Rules of the University Doctoral Council. Further specific rules determined by the Doctoral School of Economics:

The complex examination consists of 2 parts: a) a theoretical and b) a dissertation part (see Section 27 of the Doctoral Rules).

ad a) In the theoretical part questions are asked in connection with issues and problems that can be answered and analyzed in the knowledge of the subjects of micro- and macroeconomics included in the Ph.D. program and the most important methodological (econometric) skills used with them. The theoretical examination has two components:

  1. Written classroom test, where two problems must be solved.
  2. Oral examination, where comprehensive issues relating to the compulsory subjects must be analyzed.

ad b) The Head of the Doctoral School preliminarily designates a rapporteur for every student from the members of the complex examination committee, and the rapporteur asks questions from the candidate on the basis of the 25-30 page essay submitted by the candidate (see Section 27 of the Doctoral Rules).

Students' status

The suspension or termination of the students' legal status is governed by Section 13 of the Doctoral Rules of the University Doctoral Council. After passing the complex examination, students may apply for entering the procedure aimed at obtaining a degree.  

Admission 

Eligibility criteria include the following: 

  • University degree or an MA/MSc degree with honors (or equivalent) awarded in an accredited educational program as well as 300 credits obtained in either a single cycle or a two-stage university (undergraduate and graduate) education. Please note that non-master level MBA degrees are not accepted! 
  • Applicants without previous studies in the relevant field (but who otherwise meet all the entrance requirements) can be admitted provided that they take a number of “bridging” subjects during the first semester of their studies and pass the relevant exams.
  • For students graduating in the 2019/2020 academic year, the deadline for presenting the certificates is 2 September 2020. Admission for the given year is only conditional until applicants are able to produce their certificates. Priority shall be given to applicants who have won a prize in the relevant subject at the National Conference of Scientific Students' Associations ("OTDK"). A further advantage is proven researcher capacity (e.g. OTD, scientific publications). 
  • Proficiency in the English language is also a requirement. If the applicant does not have a language certificate in English, English knowledge should be proven in an interview organized by the Ph.D. Programme.

Information with regard to self-financing and scholarship:

The doctoral education program is full time and can be completed with state scholarship or through self-financing. The contents of the program are identical in both cases. All the students take part in the same courses, the only difference being in the form of financing. Students who are granted status with scholarship receive a state scholarship, the amount of which is HUF 140 680/month in semesters 1 to 4 and HUF 180 680/month in semesters 5 to 8. The relevant amounts are transferred to the student’s bank account by the University. 

The following students are eligible for state scholarship: 

  • Ph.D. students with Hungarian citizenship who apply for full-time education in an organized form.
  • foreign Ph.D. students who receive equivalent treatment with students of Hungarian citizenship on the basis of legislation or an international agreement. 

The time period of the payment of the state doctoral scholarship is 4 years (48 months). The amount of the scholarship is set out in Act CCIV of 2011 on Higher Education. In accordance with the Act, whereas the majority of the educational costs of students with a scholarship is covered by the state budget, the costs of self-financed education are borne by the student. 

During the program, all Ph.D. students may apply for funds to support their participation in conferences in Hungary and abroad.

For students to be admitted in 2020, tuition fees per semester for the 2020/21 academic year are as follows:

  • HUF 320 000 Hungarian-language program for Hungarian citizens and foreign (EU and EEA) enjoying equal treatment with Hungarians.
  • HUF 660 000 (regular tuition fee of HUF 320 000 + language contribution of HUF 340 000)  English-language program for Hungarian citizens and foreign (EU and EEA) enjoying equal treatment with Hungarians.
  • EUR 3 200 Third-country nationals.
Last updated Jul 2020

About the School

Corvinus University is Hungary’s most eminent educational institution in the fields of economics, Management, and Social Sciences. University-level education, just as in the most advanced countries o ... Read More

Corvinus University is Hungary’s most eminent educational institution in the fields of economics, Management, and Social Sciences. University-level education, just as in the most advanced countries of the world, started in Budapest in the1920s at the autonomous Economics Faculty of the Hungarian Royal University of Science. Read less