What are the typical GRE scores (math and verbal) of competitive candidates?
Our program is typical of many other Ph.D. programs in the U.S. A solid foundation in mathematics and statistics is important for success in a Ph.D. education in economics. The GRE math score is a measure, even if imperfect, of this foundation. The verbal GRE score measures facility with the English language. The career of a typical economist consists of writing, presenting, and teaching; i.e., communicating economic knowledge. The GRE verbal and analytical writing scores are indicative, even if imperfectly so, of these communication skills. For these reasons, we carefully examine an applicant’s GRE scores. While we do not maintain minimum thresholds, an applicant with higher GRE scores is certainly more competitive.
What sort of mathematics background does the Program look for in applicants?
The American Economic Association also describes the necessary mathematical preparation for graduate work in economics and divides specific courses in math and statistics into five levels:
Students starting our program have at least completed courses through Level 3, and many have done coursework in real analysis.
What are the various deadlines in the application process?
Our main deadline for being considered for admission for the fall semester is January 1st, at which point all application materials must be submitted. For priority consideration, we strongly encourage applicants to apply as early as possible.
What are the requirements for a complete application?
The documents we look for in an admissions package include the following:
Required: Transcripts from all post-secondary institutions you have attended
Required: Statement of Purpose or Essay
Required: GRE scores
Required: Letters of recommendation [at least 2, but 3 or 4 are preferred]
Required if English is not your first language: TOEFL score
Optional: Writing Sample [i.e. MA thesis or past publications]
What is the time frame of the application process, from initial submission to distribution of acceptance or rejection notification letters?
We only consider applications for people who begin the program in the fall semester. Prior to the fall semester one is applying to, a candidate needs to submit all application materials by January 1st. Of course, one must start a number of months before this January deadline preparing this application package: in particular, securing letters of recommendation and preparing for and taking the GRE and TOEFL exams can involve months of planning and preparation.
For good suggestions, see https://www.aeaweb.org/resources/students/grad-prep/timeline and https://www.aeaweb.org/resources/students/grad-prep/considerations .
Once we receive the application, we start reviewing all of them in the month of January. Initial decisions are made in late March and early April depending on our academic calendar. More decisions are made in May. Most applicants will hear from us by the beginning of June.
What are the possible outcomes of my application?
The possible application outcomes are:
i. Accepted with a Graduate Center Fellowship
ii. Accepted with a Tuition Fellowship
iii. Accepted with a Tuition Fellowship and waitlisted for a Graduate Center Fellowship
iv. Accepted without funding
v. Waitlisted for i, ii, or iv
If I am accepted, does the program allow me to defer entry?
We do not allow deferred entry. If an accepted student cannot start in the fall semester to which he or she applied to, he or she has the option of reapplying for the following fall semester. There is then no guarantee that this student will be accepted again.
Will you accept the GMAT instead of the GRE?
Yes, we will accept the GMAT, but we strongly prefer GRE scores.
Is there a minimum TOEFL score required of non-native English speaking applicants?
We have no minimum, but we do look at it to assess a candidate’s ability to speak and use the English language. The great majority of our students do some teaching during their graduate years, and this skill is a must. Potential employers hiring instructors for adjunct teaching positions also look for this. Upon graduation, success in placement is also dependent on English language skills, if the graduate seeks placement in the US.
How many students typically apply to the Program in a given year, and what fractions of those are accepted? We admit 15 to 18 new students each year, which typically amounts to less than 15% of all applicants.
Last updated: April 9, 2019
What are the strengths of the Economics Program?
The Ph.D. Program in Economics emphasizes six applied fields:
What are estimated living expenses in the NYC area (the Bronx, Brooklyn, Queens, Manhattan, etc.)?
The costs of pursuing full-time doctoral study are not, of course, restricted to the tuition and fee charges alone. An expense budget for the period September-May, drawn from government data in accordance with both federal and University regulations, appears below.
Single, Independent Student
Books and Supplies - Academic Year $1,516
Housing (including rent/utilities) - Academic Year $15,343
Food - Academic Year $5,320
Transportation - Academic Year $1,088
Personal - Academic Year $4,500
See more at: http://www.gc.cuny.edu/Prospective-Current-Students/Current-Students/Tuition-Fees#sthash.1VIqU7YR.dpuf
How is commuting to the CUNY Graduate Center?
Length and ease of commute depends ultimately on the location of one’s dwelling. The Graduate Center, however, is conveniently located just a few blocks from numerous major subway stations in midtown Manhattan. It is also very close to Penn Station and Grand Central Terminal, both major city and interstate rail-transit hubs. So, we are in good proximity to people living in every borough of NYC as well as all of the surrounding counties in NY and NJ.
Last updated: April 9, 2019
The Ph.D. Program in Economics at the Graduate Center offers several packages of financial support on a competitive basis. See our Fellowships and Grants page for more information.