Kish International Campus

University of Tehran

Kish International Campus

Ph.D. Degree Program in

Economics- Econometrics

Introduction:

Economics- Econometrics is an inter-disciplinary science aimed to understand economic and financial behavior through the use of data, economic theory, mathematics, statistical methods, and other quantitative techniques to forecast the effects of changes in economic or financial factors under various scenarios. All aspects of business require using real-world information to make good business decisions. Econometrics provides a broad set of quantitative tools that extract information from observable data in order to test our beliefs about the real world and make the economic decisions even better. Econometrics was pioneered by Lawrence Klein, Ragnar Frisch and Simon Kuznets, who won the Nobel Prize in economics for their contributions. Much of economic activity in the world like interest rates, wages, prices, rents, and changes in those things can be measured. Econometrics will help verify theories about how consumers behave, what governments will do, and when things will change. It can also answer the questions: what is the default rate on a security? Does the default rate change over time? What is the price impact of an earnings announcement? What will the GDP be next quarter? What variables determine demand for a product? The Ph.D. program of Economics- Econometrics at UTKIC is addressed to students of high promise who wish to prepare themselves in teaching and research in academia or for responsible positions in government, research organizations, or business enterprises.

PhD Degree in Economics-Econometrics

The PhD program in Economics- Econometrics requires completion of 36 credits, a set of core courses (8 credits), specialty courses (6 credits), elective courses (4 credits) and a PhD thesis (18 credits). The main emphasis of the program is on the successful completion of an original and independent research project written and defended as a dissertation.

Comprehensive Exam

Comprehensive Exam should be taken at most at the end of the 4th semester and is required before a student could defend the Ph.D. proposal. Students will have two chances to pass the Ph.D. Comprehensive Exam. If students receive an evaluation of "unsatisfactory" on their first Comprehensive Exam attempt, the student may retake the qualifier once more. A second failure will result in termination from the program. The Comprehensive Exam is designed to ensure that the student has the potential to conduct doctoral-level research.

Ph.D. Proposal

The Ph.D. proposal must contain Specific Aims, Research Design and Methods, and Proposed Work and Timeline. In addition the proposal must also contain a bibliography and, as attachments, any publications/supplementary materials. The student must defend their thesis proposal to their committee in an oral exam.

Thesis

A student should choose a thesis advisor (and one or two co-advisors if required) within the first year of being in the PhD program, approved by the Faculty committee. In the second year a thesis committee suggested by the advisor alongside by the Ph.D. proposal should be handed over for approval. The thesis committee should consist of a minimum of five faculty members. Two members of thesis committee should be from the other Universities at the associate Professor level. Not later than the end of the 5th semester a student has to present and defend a written PhD proposal.

Research Progress

A student is expected to meet with his/her thesis committee at least once a year to review the research progress. In the beginning of each university calendar year, each student and the student's advisor are required to submit an evaluation assessment of the student's progress, outlining past year accomplishments and plans for the current year. The thesis committee reviews these summaries and sends the student a letter summarizing their status in the program. Students who are failing to make satisfactory progress are expected to correct any deficiencies and move to the next milestone within one year. Failure to do so will result in dismissal from the program.

PhD Dissertation

Within 4 years after entering the PhD program, the student is expected to complete the thesis research; the student must have the results of the research accepted or published in peer reviewed journals. Upon submitting a written thesis and public defense and approval by the committee, the student is awarded the PhD degree. The defense will consist of (1) a presentation of the dissertation by the graduate student, (2) questioning by the general audience, and (3) closed door questioning by the dissertation committee. The student will be informed of the exam result at the completion of all three parts of the dissertation defense. All members of the committee must sign the final report of the doctoral committee and the final version of the dissertation.

A minimum GPA of 16 over 20 must be maintained for graduation.

Leveling Courses (not applicable to degree) The Ph.D. in Economics- Econometrics assumes a Master degree in related fields. However students holding master degree besides will be required to complete leveling courses that are designed to provide a back ground for the Ph.D. courses.  These leveling courses are decided by the faculty committee and are not counted for graduate credits towards the Ph.D. in Economics- Econometrics.

Core courses: 4 courses required; 8 credits

Specialty courses: 3 courses required; 6 credits

Elective courses: 2 courses required; 4 credits