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Doctor of Philosophy (PhD) in
ECONOMICS

A TRADITION OF ACADEMIC EXCELLENCE

WHO SHOULD APPLY?

The programme is suitable for those who wish to pursue Faculty positions in academic sector or seek professional positions in private and public sectors by demonstrating their ability to carry out original analyses of economic issues with an academic value and/or policy relevance.

PROGRAMME

INTRODUCTION-OBJECTIVES

The objective of the Ph.D. programme is to provide students with rigorous training in economic theory and quantitative analyses to enhance their ability to conduct independent academic research at doctoral level.

Guaranteed
Assistantship

All successful full-time Ph.D. applicants will be offered teaching assistantships. Assistantship holders are required to assist in teaching or research work. In recent years, the monthly stipend is about HK$18,025.

Study
Period

The normative study period for full-time Ph.D. students is 3 years for M.Phil. degree holders, and 4 years otherwise. For details, please refer to the Graduate School website.

Tuition Waiver and Scholarship for HKPFS Awardees

Our University would provide tuition waiver for all Hong Kong PhD Fellowship Scheme (HKPFS) awardees enrolled in this Ph.D. full-time programme. The waiver scheme will cover the tuition fees for the normative study period of this programme. The University would also provide an award of HK$40,000 for HKPFS awardees in the first year of study and HK$20,000 in the subsequent years with the normative study period (starting from the 2021-22 intake). For details, please refer to the Graduate School website.

Tuition Waiver for
Local Students

Our Government would provide tuition waiver for all local students enrolled in this full-time programme. The waiver scheme will cover the tuition fees for the normative study period of this programme. For details, please refer to the University Grants Committee website.

PROFOUND IMPACT ON MY RESEARCH JOURNEY

Through studying the Ph.D. in Economics at the CUHK, I have received excellent research training. The programme equipped me with the skills of applying economic theories and economic thinking to address problems in real life. In addition, thanks to my thesis supervisors, I learnt to carry out cutting-edge research in an independent manner. With their profound knowledge and vast research experience, they shared their insights on the rigors of research and the tips to write a good research paper.

My thesis supervisors truly care about my career development and I am thankful for all of their constructive advice and substantial support during my job search. In short, four years of doctoral study has laid a solid foundation for my later academic career. I am greatly indebted to the rigorous training from the Ph.D. programme of our Department.

PROF. XIONG YANYAN

Zhejiang University 100 Young Professor
School of Public Affairs
Zhejiang University
Ph.D. 2008 Graduate

PROGRAMME STRUCTURE

Coursework Requirement

For Ph.D. applicants who do not possess an M.Phil. degree, they are required to complete a minimum of 27 units, which includes 18 units from required courses and 9 units from elective courses. For Ph.D. applicants who possess an M.Phil. degree, they are required to complete a minimum of 21 units, which consists of 18 units from required courses plus 3 units from elective courses.

In addition, Ph.D. students are required to register in the thesis research courses every term.

Required Courses*

[Total: 18 units]

ECON 5010
Microeconomic Theory I
ECON 5010 - Microeconomic Theory I

This course provides an exposition of advanced microeconomic theory. It is the first part of a sequence of two courses on microeconomic theory for M.Phil and PhD students. Topics include preference and utility, consumer theory, expected utility theory, risk aversion, and general equilibrium.

ECON 5020
Macroeconomic Theory I
ECON 5020 - Macroeconomic Theory I

This course covers state-of-art core materials in dynamic macroeconomics at the entry graduate level. It is the first course of a sequence of two courses on macroeconomic theory for M.Phil and PhD students. The course is separated into two parts. In the first part of the course, essential mathematical tools for solving dynamic systems are introduced, including dynamic programming (for discrete time problems) and optimal control theory (for continuous time systems). In the second part of the course, work-horse macroeconomic models are covered including (but not limited to) neoclassical growth model, overlapping-generations model (OLG), and asset pricing model under complete markets.

ECON 5100
Review of Quantitative Methods
ECON 5100 - Review of Quantitative Methods

This course reviews mathematical methods frequently used in economic analysis. The following topics will be covered: elementary real analysis, matrix algebra and static analysis, multivariate differential calculus and comparative static analysis, optimizations with constraints, dynamic analysis of difference and differential equations, and dynamic optimization. We assume that students are familiar with basic calculus and elementary linear algebra.

ECON 5120
Econometric Theory & Applications
ECON 5120 - Econometric Theory & Applications

Econometrics offers quantitative methods to process and interpret economic data. This is an entry-level postgraduate econometrics course. Under the asymptotic framework, it covers estimation and inference of the regression models and the instrumental variable models. Probability and statistical theory is applied to systematically study the properties of these estimators.

ECON 5030
Microeconomic Theory II
ECON 5030 - Microeconomic Theory II

This course is the second part of a sequence of two courses on microeconomic theory for M.Phil and PhD students. It covers applied game theory and its applications: principal-agent problems, economics of information, auctions, bargaining, public goods provision, mechanism design, and market design. This module aims to provide students rigorous and accessible explanations. The objective is to focus on classic results. If time permits, we will also take the students to the frontiers of research in selected areas.

ECON 5040
Macroeconomic Theory II
ECON 5040 - Macroeconomic Theory II

This course covers state-of-art core materials of modern macroeconomics including both theories and applications. It is the second course of a sequence of two courses on macroeconomic theory for M.Phil and PhD students. In the theory section, topics featured include: (1) Structural change and unified growth models, (2) Microfoundation of economic growth including misallocation, innovation and production network etc., and (3) Business cycle theories including Real Business Cycles and the New Keynesian frameworks. The application section of the course emphasizes the use of firm-level or aggregate data in the conduct of macroeconomic research using the above theories.

Thesis Research Courses

ECON 8003
Thesis Research
(3 units)
ECON 8003 - Thesis Research
(3 units)

In this course, a student is required to meet with his/her supervisor regularly who provides necessary guidance and supervision to write up a thesis and monitors the student’s academic progress.

ECON 8006
Thesis Research
(6 units)
ECON 8006 - Thesis Research
(6 units)

In this course, a student is required to meet with his/her supervisor regularly who provides necessary guidance and supervision to write up a thesis and monitors the student’s academic progress.

ECON 8012
Thesis Research
(12 units)
ECON 8012 - Thesis Research
(12 units)

In this course, a student is required to meet with his/her supervisor regularly who provides necessary guidance and supervision to write up a thesis and monitors the student’s academic progress.

Elective Courses*

[Total: 9 units (for students without an M.Phil. degree);
3 units (for students with an M.Phil. degree) ]

Courses offered by M.Phil. – Ph.D. Programme

ECON 5150
Applied Econometrics
ECON 5150 - Applied Econometrics

This is a graduate level course in applied econometrics. Both microeconometric theory and empirical strategies for applied econometric research will be discussed. Modern causal inference including machine learning tools and big data analysis will be introduced. This course will discuss instrumental variable methods, treatment effect, matching, panel data models, differences-in-differences, regression discontinuity designs, binary response model, censored data, and modern causal inference topics including machine learning in causal inference, and so on. Students are advised to take ECON5120/ ECON5121/ ECON5122 before taking this course.

ECON 5160
Game Theory
ECON 5160 - Game Theory

This is an advanced course on game theory. We will cover topics in strategic games, extensive games of complete and incomplete information, epistemic foundations of game theory, repeated games, bargaining theory, coalitional games and matching theory. We will also discuss various applications of game theory in Economics.

ECON 5170
Computational Methods in Economics
ECON 5170 - Computational Methods in Economics

In modern economic research, computers enhance our capacity of solving complex problems. Computation is particularly important in fields involving massive data. The objective of this course is to introduce graduate students to computational approaches to solve economic models, with an emphasis on dynamic programming and simulation-based econometric methods. We will formulate economic problems in computationally tractable form and use techniques of numerical analysis to solve them. Substantive applications will cover a wide range of problems including labor, industrial organization, macroeconomics, and international trade.

ECON 5410
Monetary Economics
ECON 5410 - Monetary Economics

This graduate-level course studies advanced monetary economics. Its focus will be on models and theories of money and financial intermediation, but relevant empirical literature will be incorporated as well. The topics include ISLM model in open economies, OLG monetary model, flexible price monetary model, such as MIU and CIA model and new Keynesian sticky price model. China's monetary policies will also be discussed in the course.

ECON 5440
International Trade
ECON 5440 - International Trade

This course offers theoretical, empirical and current topics in international trade. It covers studies of positive issues, such as: Why do countries trade? What goods do countries trade? How does openness to trade shape countries' industrial structure and global production sharing? The course also concerns the normative issues, such as: Is trade beneficial to everyone, or are there winners and losers? What is the impact of trade on economic growth, wage inequality and poverty? All these issues will be discussed both from theories and empirics, as well as at country, industry and firm level. In particular, we will also discuss the ongoing US-China trade war.

ECON 5480
Industrial Organization
ECON 5480 - Industrial Organization

The course provides an overview of selected topics in industrial organization. Both theories and empirical approaches will be used. Court cases and legal materials will be used to illustrate the applications of various concepts in industrial organization.

ECON 6810
Special Topics in Economics I
ECON 6810 - Special Topics in Economics I

This is a course on special topics in Economics. The topic may change from one year to another. Class Topic in the academic year 2021/22: Economics and Data Science

ECON 6820
Special Topics in Economics II
ECON 6820 - Special Topics in Economics II

This is a course on special topics in Economics. The topic may change from one year to another. Class Topic in the academic year 2021/22: Machine Learning Methods

And at most one course offered by our M.Sc. Programme and Dual Master Degree Programme

ECON 5311
Analysis of China’s Economy
ECON 5311 - Analysis of China’s Economy

Using the Chinese economy as a context, the course is designed to guide and train students to think courageously, creatively, and critically. Students are required to find "puzzles" in the contemporary Chinese economy, to develop economic issues of general relevance from these "puzzles", to frame these issues into theoretical or empirical questions, and finally to draft papers based on these questions. The course relies heavily on class discussion. Students are required to present at each stage of their thinking process. Students are advised to take ECON5010/5011/5012, 5020/5021/5022 and 5120/5121/5122 before taking this course.

ECON 5421
Financial Economics
ECON 5421 - Financial Economics

This course provides the economic foundation of modern asset pricing theory. It serves as an introduction to the functioning of the financial market as an efficient venue for financing investment activities. Various issues on risk measurement, risk assessment, managing risk, investors' psychological attitudes towards risk, and its implications on consumption and portfolio decision making in an uncertain world will be introduced and discussed. In-depth treatment will be given to the classical Markowitz's mean-variance analysis, CAPM, multi-factor asset pricing theory and no-arbitrage asset pricing theory as cornerstones of modern finance.

ECON 5451
International Finance
ECON 5451 - International Finance

This is a graduate-level international finance course. It aims to provide students with a solid understanding of the modern theories and empirics of international finance. Topics covered in this course include: exchange rate determination theories, exchange rate regimes, capital flows, currency crises, international monetary policy spillovers and coordination, among others.

ECON 5461
Development Economics
ECON 5461 - Development Economics

The goal of this course is to understand the economic problems of developing countries by using economic theories and their applications. The course will cover both macroeconomic and microeconomic approaches to development economics. We will first overview the theories of growth and discuss their potential in explaining income differences across countries, and then study the different facets of human development: market, institution, and culture.

ECON 5471
Labour Economics
ECON 5471 - Labour Economics

The course provides a theoretical and empirical foundation for the analysis of labor market. Topics to be covered include: labor supply and demand, minimum wages, migration, human capital and education production, labor market incentives, efficiency wage, and skill investment. Students should preferably have finished graduate level Microeconomic theory and Econometric Theory and Applications before taking this course.

ECON 5491
Corporate Finance
ECON 5491 - Corporate Finance

This course addresses the economic theory and empirics of corporate finance and governance. The goal is to help students understand major research issues in the field and develop their skills to apply theory to corporate finance practices. The course focuses on important topics such as capital structure, ownership structure, capital budgeting and corporate governance institutions. The course extensively uses the tools of game theory, information economics and microeconometrics. Students are recommended to take ECON5010/5011/5012 and ECON5120/5121/5122 before taking this course.

ECON 5532
Health Economics
ECON 5532 - Health Economics

In many countries, health care spending grows much faster than GDP. Countries like the Unites States spend about 20 percent of its GDP on health care. As one of the most important "goods", how health care is financed and delivered has large welfare implications. In this course, we will apply methods and reasoning from microeconomics to the health care sector. In particular, we will investigate different aspects of the health care system and assess how various policies affect the functioning of the health care system.

ECON 5542
Analysis of Fiscal and Monetary Policy in China
ECON 5542 - Analysis of Fiscal and Monetary Policy in China

This graduate course includes two parts. The first part provides elementary theories of monetary policy and fiscal policy, providing students a general framework for policy analysis. The second part mainly discusses the development of Chinese monetary policy and fiscal policy in the past three decades, the potential policy reform and its implications to the Chinese economy. In addition, how monetary policy and fiscal policy respond to financial crises or public health crises will be widely analyzed and discussed in this course.

*All courses carry 3 units, except the thesis research courses.

The availability of elective courses varies from year to year. Subject to the approval of the Division Head, up to 3 units of these 9 elective units can be taken from the Economics undergraduate courses or other related courses at the University. update this section annually.

Candidacy Examination

Advancement to Ph.D. candidature is conditional upon the passing of a Qualifying Examination. The examination consists of Microeconomic Theory and Macroeconomic Theory. The examination will be arranged one to two times every year. Students can have two attempts. If a student fails in the first attempt, he/she may try the second time within three months. Students who fail in both attempts will be discontinued from study upon consideration of the Graduate Panel.

Thesis Proposal and Oral Defence

Within half year after passing the qualifying examination, the student must submit a thesis proposal and pass an oral defence of the proposal.

Other Requirements

  • Students are required to submit a research thesis and pass an oral examination for graduation.
  • GPA Requirement: Apart from achieving the minimum grade C- for each individual course each term, Ph.D. students are also required to achieve a minimum cumulative GPA of 2.7 (i.e. B-) every term. Students failing this will be put on academic probation or even discontinued from study upon consideration of the Graduate Panel.
  • Please refer to Clause 13.0 “Unsatisfactory Performance and Discontinuation of Studies” of the General Regulations Governing Postgraduate Studies which can be accessed from the Graduate School Homepage: http://www.gs.cuhk.edu.hk on details of academic probation.
  • To attend seminars organized by the Department of Economics.
  • To present a pre-graduation seminar on his/her research in March/April preceding his/her planned year of graduation.
  • Complete an Improving Postgraduate Learning (IPL) module on “Observing Intellectual Property and Copyright Law during Research” offered by the Centre for Learning Enhancement And Research. This will be an online module and relevant information can be accessed from the website: http://www.cuhk.edu.hk/clear/prodev/ipl.html .
  • Complete the Research Ethics Training (RET) module on “Publication Ethics” offered by the Office of Research and Knowledge Transfer Services (ORKTS). This will be an online module and relevant information can be accessed from the website: https://www.research-ethics.cuhk.edu.hk/web/.
  • The graduation requirements for students admitted in different years may be slightly different.
    Current students are advised to browse the full version of programme study scheme at http://rgsntl.rgs.cuhk.edu.hk/aqs_prd_applx/Public/tt_dsp_acad_prog.aspx for the correct version applicable to their admitted year.

Remarks

  • Students in the full-time and part-time Ph.D. programmes attend the same classes scheduled on weekdays during day time, and they have to fulfill the same requirements, except that part-time students enroll in fewer courses each term and take a longer time to finish.

LEARNT

FROM TOP SCHOLARS AND PROFESSIONAL

Students studying in our programmes have plenty of opportunities to interact with well-known scholars and professionals.

2017 Asian Meeting of the Econometric Society
Economic Forum “Outlook for the Global Macro- Economy and Hong Kong’s Asset Markets”
CUHK Workshop on Labor and Family Economics
China Economics Summer Institute 2019

ALUMNI SHARING

Top Scholars in Chinese Economy

The six-year study in the Department of Economics was an incredible journey. The systematic and solid trainings laid the foundation for our analytical and advanced approach in studying the Chinese Economy. The experience was also complemented by the series of workshops on the Chinese Economy and other up-to-date topics. The professors of our department are the first-class scholars on the Chinese Economy and we had a lot of profound discussion. I could take a deep dive into the complex development of the Chinese Economy with them, which has been tremendously influential to my research interest. The professors introduced us the world of economics, and somehow to life itself, of which they are equally inspiring.

Prof. CUI Chuantao
Associate Professor
Department of Finance and Taxation
School of Economics
Sichuan University
Ph.D. 2016 Graduate

Grumous Academic Atmosphere

Steep learning curve has been the signature of my experience in the five-year study life in the Department of Economics, largely due to the fact that I was a mathematics graduate with little understanding of economics, not to mention doing research in economics. Nonetheless, the professionalism and utmost patience of my thesis supervisor help me see the problems from the perspectives of economics combined with the mathematical logic.

I also owe sincere thankfulness to the Department for providing the excellent working environment and grumous academic atmosphere, as well as the inspiring courses and seminars. I am a proud alumnus here and I cannot wait to embark my journey that lies ahead.

Prof. XU Xinyi
Assistant Professor
Lingnan College
Sun Yat-sen University
Ph.D. 2017 Graduate

Faculty Engagement and Collaborative Culture

Studying at CUHK was a wonderful experience in my life, for it provided a great platform to learn to do research independently and brought me to a new stage of my career. The training provided by the Ph.D. programme in the Department of Economics reinforced both my theoretical and empirical skills.

More importantly, a great academic atmosphere helped me to start thinking like an economist. I am extremely grateful to the help and guidance from the professors as well as all the staff in the department. Thanks to their guidance and encouragement, I always feel supported and successfully finished my Ph.D. study. I was so lucky to meet all the brilliant thinkers in the class. Everything here was designed to support our discussion and collaboration and we were able to learn from each other. We graduated with solid training, strong economic insights and form bonds that are not broken by distance.

Prof. ZHAO Jing
Assistant Professor
Economics and Management School
Wuhan University
Ph.D. 2019 Graduate

Rewarding and Unforgettable Journey

In my opinion, the CUHK PhD in Economics Programme is one of the most prestigious programmes in Asia. The programme is well designed with advanced courses on solid mathematical foundation, strong economic intuition and cutting-edge knowledge. In addition, thanks to the numerous high quality seminars arranged by the department, students were offered with precious opportunities to discuss with the eminent speakers directly on research ideas.

As an awardee of HKPFS, I was given extra time to engage in academic researches during term times. With the support and guidance from the professors in our department, who are all distinguished scholars in their fields, I learnt how to think thoroughly from different perspectives like an economist, which was very crucial to my research. I was also greatly inspired and motivated by our professors for their enthusiasm for research, sharp insight, and wisdom. Studying the PhD in CUHK was truly a rewarding and unforgettable journey to me.

Prof. LIN, Lin
Assistant Professor
School of Labor and Human Resources
Renmin University of China
2021 Ph.D. Graduate & 2015 HKPFS Awardee

Place to Nurture Future Elites

It has been a great fortune for me to study the PhD in Economics Programme in CUHK over the last five years, during which I equipped myself with a wide variety of essential skills on research from the well-established PhD training at CUHK. These enabled me to successfully work on independent research and collaborate with others.

The faculty members here are all super knowledgeable, insightful and helpful. Their enthusiasm for research and their creative academic ideas strongly encouraged and motivated me to develop a comprehensive thinking in different dimensions and always strive for excellence in various aspects. I am very grateful for all the support, resources and inspirations that our department extended to me during my PhD study.

Prof. ZHANG, Yiran
Assistant Professor
School of Economics
Fudan University
2021 Ph.D. Graduate & 2016 HKPFS Awardee

JOB PLACEMENT

IN RECENT YEARS

Name
Year of Graduation
First Placement
CHEN, Wei
2021
Assistant Professor
Zhejiang University
CHEN, Xilu
2021
Assistant Professor
Sun Yat-sen University
LI, Xiaoyang
2021
Assistant Professor
Jinan University
LIN, Lin
2021
Assistant Professor
Renmin University of China
ZHANG, Yiran
2021
Assistant Professor
Fudan University
ZHOU, Kang
2021
Assistant Professor
Zhejiang University
WANG, Shuangxin
2020
Assistant Professor
Zhongnan University of Economics and Law
TAO, Hanyi
2019
Assistant Professor
ShanghaiTech University
XUE, Chang
2019
Assistant Professor
Wuhan University
ZHANG, Xiaoyu
2019
Assistant Professor
Shanghai International Studies University
ZHAO, Jing
2019
Assistant Professor
Wuhan University
HU, Yichuan
2018
Assistant Professor
East China Normal University
LOU, Xuyan
2018
Assistant Professor
University of Nottingham Ningbo China
SUN, Yufeng
2018
Assistant Professor
Shanghai University of Finance and Economics
WANG, Xuebo
2018
Assistant Professor
Shanghai University of Finance and Economics
CHEN, Jianghui
2017
Research Analyst
GF Security (Hong Kong) Brokerage Limited
GUO, Rufei
2017
Assistant Professor
Wuhan University
HAN, Yujie
2017
Assistant Research Fellow
Jinan University
HU, Yuan
2017
Assistant Professor
Jinan University
IP, Tak Sang
2017
Lecturer
The Chinese University of Hong Kong
LI, Chang
2017
Assistant Professor
East China Normal University
LIU, Lu
2017
Senior Data Mining Engineer
Ping An Technology
WANG, Lisheng
2017
China Economist
Nomura International (Hong Kong) Limited
WU, Zhang
2017
Fixed Income Analyst
Shenzhen Stock Exchange
XU, Xinyi
2017
Assistant Professor
Sun Yat-Sen University
YANG, Yixin
2017
Assistant Professor
Zhejiang University
ZHAN, Song
2017
Assistant Professor
Nanjing Audit University
ZHANG, Yifei
2017
Assistant Professor
United International College
Beijing Normal University,
Hong Kong Baptist University
CUI, Chuantao
2016
Associate Professor
Sichuan University
LI, Shao Zhi
2016
Lecturer
Macau University
LIANG, Yousha
2016
Assistant Professor
Zhejiang University
CHEN, Yinghui
2015
Assistant Professor
Zhongnan University of Economics and Law
CHUNG, Chun Kit
2015
Programme Director
HKU Space
PENG, Daoju
2015
Assistant Professor
Capital University of Economics and Business
SUN, Wu
2015
Assistant Professor
Zhongnan University of Economics and Law
WANG, Danli
2015
Assistant Professor
Shanghai University of International Business and Economics
WONG, Kin Ming
2015
Assistant Professor
Chu Hai College of Higher Education
DENG, Weiguang
2014
Assistant Professor
Hunan University
DING, Haoyuan
2014
Assistant Professor
Shanghai University of Finance and Economics
WU, Zhouheng
2014
Assistant Professor
Guangdong University of Foreign Study

ADMISSIONS

APPLICATION TIMELINE

Applicants should submit applications through the online admission system from 1 September 2021. No application will be considered until required documents in printed copy are sent to out office.

Application Deadline:

HKPFS applications:
1st December 2021
Non-HKPFS applications:
1st December 2021
Guaranteed Assistantship

All successful full-time Ph.D. applicants will be offered teaching assistantships. Assistantship holders are required to assist in teaching or research work. In recent years, the monthly stipend is HK$18,025.

Tuition Waiver for HKPFS awardees

Our University would provide tuition waiver for all Hong Kong PhD Fellowship Scheme (HKPFS) awardees enrolled in this Ph.D. full-time programme. The waiver scheme will cover the tuition fees for the normative study period of this programme. The University would also provide an award of HK$40,000 for HKPFS awardees in the first year of study and HK$20,000 in the subsequent years with the normative study period (starting from the 2021-22 intake). For details, please refer to the HKPFS section of the Graduate School website.

Tuition Waiver for Local Students

The Government would provide tuition waiver for all local students enrolled in this full-time programme. The waiver scheme will cover the tuition fees for the normative study period of this programme. For details, please refer to the University Grants Committee website.

Annual Programme Fee

Full-time / Part-time: HK$42,100 (provisional)
*Tuition fee and other fees (e.g. application fee) are not refundable or transferable once paid.

Qualification for Admissions

Applicants shall:

  • have a Master’s degree from a recognized university; or have graduated from a recognized university and obtained a Bachelor’s degree, normally with honours not lower than Second Class or with an average grade of not lower than “B”;
  • fulfill the English Language Proficiency Requirement as stipulated by the Graduate School before being considered for admission. To satisfy this requirement, applicants should
    i. obtain a degree from a university in Hong Kong; or
    ii. submit a certifying letter issued by the Registry of the university confirming the medium of instruction of your degree programme was English; or
    iii. submit one of the following ORIGINAL score reports/ certificates for assessment:
    – TOEFL* (normally not lower than 550 paper-based; and 79 internet-based) [Institution code: 0812; departmental code: 84];
    – IELTS* (Academic) (normally not lower than Band 6.5);
    – GMAT (Verbal, normally not lower than 21) [GMAT code: R9H-T1-55]* TOEFL and IELTS are considered valid for two years from the test date.or

    iv. possess a pass grade in English in one of the following examinations:
    – Hong Kong Advanced Level Exam (AS Level);
    – Hong Kong Higher Level Exam;
    – CUHK Matriculation Exam;
    – General Certificate of Education Examination (GCE) Advanced Level (A-Level)/ Advanced Subsidiary Level (AS-Level); or

    v. achieve Level 4 or above in the English Language subject of the Hong Kong Diploma of Secondary Education (HKDSE) Examination; or

    vi. obtain a recognized professional qualification, provided that the examination was conducted in English;

  • provide favourable recommendations from academic referees;
  • submit the ORIGINAL GRE General Test score report [Institution code: 3153; departmental code: 1801]; No specific requirement for GRE scores. Those without the GRE score may still be considered, but they will be at a disadvantage. GMAT score report could not be used to replace the submission of GRE score report);
Specific Admission Requirements
  • Applicants should possess a Master’s degree in Economics or related disciplines, with a good background in Mathematics or Statistics. Those with a Bachelor’s degree can also apply, but have to demonstrate excellent research potential.
  • An interview is normally required.
Supporting Documents Required

Applicants should submit the following supporting documents together with a photocopy of the completed application form by post before the application deadline.

Please quote the “Application No.” generated by the online application system on your documents sending to our division.

Address: Room 928, 9/F, Department of Economics, Esther Lee Building, The Chinese University of Hong Kong, Shatin (Attn.: Ph.D. in Economics)

  • Official Transcripts (with a complete record of courses attended and examination results) and grading scheme of all tertiary level studies*;
  • A copy of Degree Certificates (if applicable);
  • Original score report showing the applicant has fulfilled the Graduate School’s English Language Proficiency Requirement (if applicable)^;
  • Confidential Recommendations from two referees#;
  • Application Fee Receipt (not necessary for credit card payment through online application);
  • A copy of Identity Card or Passport;
  • A research proposal of about five pages;
  • Resume
    • HKPFS applicants are expected to list out your publication(s), professional qualification(s), prize(s) and award(s), training(s)/internship(s), working experience(s), extracurricular activities record(s) and volunteer work/community service(s) in the resume.

*i. CUHK qualifications (Bachelor’s or higher degrees):

  • Photocopies of transcripts issued by CUHK are accepted (not applicable to CUHK (Shenzhen) qualifications).
  • Applicants should first download the Transcript Submission Covering Sheet and attach it to the transcript copy. Please send the transcript copy to the relevant Graduate Division directly.

The University reserves the right to require applicants to submit original transcripts.

* ii. Other qualifications:

  • Photocopies will NOT be accepted. Applicants should download the Transcript Submission Covering Sheet and send it to the issuing universities to apply for official transcripts. Official transcripts should be sent directly to relevant Graduate Division in a sealed envelope from the issuing university.
  • Certificates and transcripts, which are not in English or Chinese, should be accompanied by an official certified translation in English.
  • Some universities may only issue electronic official transcripts to other institutions. In that event, official electronic transcripts should be sent to relevant Graduate Division directly from the issuing university.
  • Applicants who obtained degrees from universities in Mainland China are required to provide an Online Verification Report of Higher Education Qualification Certificate (教育部學歷證書電子註冊備案表) issued by the CHESICC (學信網).
  • The University may require applicants to provide verification reports of the qualification obtained. Applicants will be notified by the Graduate Division concerned/Graduate School separately.

If you are currently in the final year of your study, you are required to submit the final official transcript before starting your postgraduate study at CUHK.

^ For TOEFL/GMAT/IELTS, applicants must request the test organization to send their official score reports directly to the Graduate School. Student copy of score report will NOT be accepted.

# Hard copy of Confidential Recommendations must reach our office directly from the referees, or in sealed envelopes and send by the applicant with other supporting documents to our office. The referees can also choose to submit the Confidential Recommendations via internet.

Please visit the Graduate School homepage for further information on general qualifications for admission, application periods, application procedures et cetera.