Study mode:On campus Study type:Full-time Languages: English
Local:$ 3.9 k / Year(s) Foreign:$ 13.3 k / Year(s)  
149 place StudyQA ranking:7076 Duration:36 months

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We have a long history of valuable economics research and have been supporting some of the UK’s major businesses and institutions.

Our research is broad ranging and far reaching and includes economic growth and policy, behavioural economics and finance, and economic and financial development in China – where we have close research links with Fudan and Renmin Universities.

We have a strong culture of collaboration and arrange external and internal research seminar series, conferences and PhD student workshops. We also work with a wide range of businesses and government institutions including the Bank of England, Federal Reserve Bank, UK Trade & Investment, BIS and the UK parliament.



Whatever your area of specialism, the PhD programme is three years full-time or six years part-time. During that time, you’ll have two supervisors who are experts in your area of study.

By the end of your research period, you’ll complete a thesis of up to 100,000 words, the aim of which is to demonstrate your capacity to pursue scholarly research independently. It must make an original contribution to knowledge and be of a standard appropriate for publication in a high quality, peer-reviewed academic journal of international standing. It’s usual for a PhD thesis to contain the equivalent of at least three articles which are eligible for publication in such a journal.

Once you’ve submitted your thesis and it has been read by two examiners, you’ll take an oral examination or 'viva' during which you’ll be expected to show mastery of your topic.

Space to study

We’ve created an excellent setting for both individual and group study, including ergonomically-designed work areas connected to modern IT infrastructure, a dedicated doctoral research area and comfortable research lounge.

Vast range of resources

The Business School library houses extensive specialist loan and reference collections of business, finance and management books; doctoral, MBA and Masters dissertations; a complete collection of Business School working papers and offers access to over 10,000 journals online.

Using library subscriptions you’ll be able to access up-to-date journal, financial and market research information, from sources such as FAME, Mintel, IMID, European Business asap and Pro-Quest. There’s also a wide range of information available via online databases, including: Emerald, Mintel, Lexis-Nexis, Reuter's Business Insight, IMF Statistical Service Online.

In addition, you’ll have access to Durham University’s prestigious libraries, archives and museums. These facilities are internationally renowned and provide excellent resources for postgraduate study in the humanities, social science and science.

Comprehensive IT facilities

Durham University’s IT service offers access to everything you’d expect to find in a leading business school including: Computer Centre open 24/7, fully IT-integrated classrooms, dedicated IT helpdesk and DUO – the University’s virtual learning environment. You’ll also have access to the IT facilities provided by your college.

Experimental research laboratory

Our new high-specification lab features the latest equipment and systems for virtual reality and immersive environment testing. This includes voice and eye tracking and other biometric analysis, as well as high-tech fixed and mobile observation.

Facilities include a large lab room with 13 cubicles (including one wheelchair-accessible), a soundproof room enabling observation during small group interactions or single-candidate interviews, and cameras to facilitate facial recognition experiments, and a seminar room with full observation and two-way communication facilities.

Researcher Training Programme

Postgraduate study is demanding. To succeed, you need a clear understanding of your discipline and how you’d like to contribute to it. Whatever your chosen field, you’ll require research skills, particularly research method skills, and a wider range of personal transferable skills. That’s why our Researcher Development Programme is designed to get you off to a good start and continue to support you throughout your studies.

The programme is open to all students registered for higher degrees by thesis and provides training intended to complement the discipline-specific training offered by the Business School. The skills you’ll acquire will not only help your research at Durham, but also enhance your employability.

The Programme is made up of a series of courses, online study and developmental opportunities throughout the year. You’ll begin with a thorough online needs assessment, with the support of your supervisor, to allow you to plan your training activities. This is reviewed as you progress through your studies to ensure you are being offered the best development opportunities to enhance your career.

Workshops and courses cover:

  • Research skills and techniques
  • The research environment
  • Research management
  • Personal effectiveness
  • Communication skills
  • Networking and teamworking
  • Career management.


Our People

  • John Addison, Chair in Economics, +44 191 3345517
  • Ashar Aftab, Lecturer in Economics, +44 191 3346352
  • John Ashworth, Professor of Economics, +44 191 3346359
  • Mehmet Asutay, Reader in Middle East & Islamic Political Economy & Finance, +44 191 3347179
  • Peter Bagnall, Teaching Associate- Economics, +44 191 3340144
  • Anurag Narayan Banerjee, Reader in Financial Econometrics, +44 191 3346356
  • Parantap Basu, Professor of Macroeconomics, +44 191 3346360
  • Xiaogang Che, Lecturer in Economics, +44 191 3347252
  • Caleb Cox, Lecturer in Economics and Finance, +44 191 3345425
  • Guido Cozzi, Professor of Economics
  • Damian Damianov, Reader in Economics, +44 191 3345528
  • Vladislav Damjanovic, Senior Lecturer in Economics, +44 191 3345140
  • Kevin Dowd, Professor of Finance and Economics, +44 191 3345433
  • Ahmed Elsayed, Teaching Fellow in Economics, +44 191 3347188
  • Juan-Pedro Garces-Voisenat, Teaching Fellow in Economics, +44 191 3347180
  • Richard Harris, Professor of Economics/HOD of Accounting & Finance and Economics, +44 191 3345388
  • Nigar Hashimzade, Professor of Economics, +44 191 3346374
  • Kevin Hinde, Senior Teaching Fellow in Strategy/Economics/Deputy Director Global Learning Centre, +44 191 3345397
  • Matteo Iannizzotto, Senior Teaching Fellow in Macroeconomics/Director of UG Admissions, +44 191 3346381
  • Tooraj Jamasb, Chair in Energy Economics, +44 191 3345463
  • Elisa Keller, Lecturer in Economics and Finance, +44 191 3345467
  • Hugo Kruiniger, Lecturer in Econometrics and Finance, +44 191 3346334
  • Daniel Li, Lecturer in Economics, +44 191 3346335
  • Shengyu Li, Lecturer in Economics, +44 191 3345890
  • Michael Lucey, Teaching Fellow in Accounting, Finance and Economics, +44 191 3340110
  • Juliana Malagon, Lecturer in Finance and Economics, +44 191 3345546
  • Laura Marsiliani, Lecturer in Economics, +44 191 3346363
  • John Moffat, Lecturer in Economics, +44 191 3345501
  • Anamaria Nicolae, Lecturer in Economics, +44 191 3346358
  • Michael Nimo, Teaching Fellow in Accounting, Finance and Economics, +44 191 3345099
  • Jin Suk Park, Teaching Fellow, Economics & Finance, +44 191 3345140
  • Leslie J Reinhorn, Lecturer in Economics, +44 191 3346365
  • Thomas Renstrom, Senior Lecturer in Economics/Director of MSc Programmes, +44 191 3346369
  • Martin Robson, Senior Lecturer in Economics/Chair of the MDC Boards of Examiners, +44 191 3346349
  • Bibhas Saha, Reader in Economics, +44 191 3345433
  • Lucia Sbragia, Lecturer in Economics, +44 191 3346357
  • Brian Snowdon, Senior Teaching Fellow in Economics,+44 191 3346336
  • Rebecca Stratling, Lecturer in Economics/Finance, +44 191 3345379
  • Abderrahim Taamouti, Reader in Economics
  • Eshref Trushin, Senior Teaching Fellow in Economics, +44 191 3345354
  • Arthur Walker, Senior Teaching Fellow in Economics, +44 191 3346357
  • Xing Wang, Lecturer in Economics, +44 191 3346347
  • Ayse Yazici, Lecturer in Economics, +44 191 3345498
  • Hong Il Yoo, Lecturer in Economics, +44 191 3345544


  • English language requirements: If English is not your first language you will need IELTS 7.0 (no element below 6.5) or Pearson Test of English Overall Score 70+ (No element below 62). Please note that these can be no more than 2 years old at the month the programme starts, eg. for a programme commencing in October 2014 the IELTS or PTE test must have been taken in or after October 2012.) TOEFL IBT is no longer accepted as an English Qualification for visa purposes.
  • For UK students: A Masters degree, normally with a mark of at least 65% in your Masters dissertation.
  • For non-UK students: A degree that is equivalent to a UK Masters. You also need to have completed and passed (at a level equivalent to at least 65%) a dissertation module.

English Language Requirements

IELTS band: 7


IMPORTANT NOTE: Since April 2014 the ETS tests (including TOEFL and TOEIC) are no longer accepted for Tier 4 visa applications to the United Kingdom. The university might still accept these tests to admit you to the university, but if you require a Tier 4 visa to enter the UK and begin your degree programme, these tests will not be sufficient to obtain your Visa.

The IELTS test is most widely accepted by universities and is also accepted for Tier 4 visas to the UK- learn more.



PhD Scholarships Competition 2015

We have have three PhD scholarships available for the very best students seeking to study a PhD from October 2015 onwards at the School.

Each scholarship is fully-funded for a period of three years and covers tuition fees within this three-year period as well as a financial stipend or grant for each of the three years (~£13,500 per annum). Fees up to the Home/EU level alone are paid. We welcome applications from the very best Home, EU and overseas students.

As part of this scholarship competition, the best Home/EU applicants will also be put forward for the prestigious ESRC NEDTC competition first while the best overseas applicants will also be put forward for the university-wide Durham Doctoral Scholarship competition (the tuition fee and stipend scholarships for these competitions are equivalent to that offered by the School). Due to specific regulations, overseas applicants for Economics and Finance can also be put forward for the ESRC NEDTC Competition.

The School deadline for all applications to be received is 2 February 2015. However, prospective applicants should bear in mind the following timetable, within which we will seek to work with the very best applicants to develop their application:

  • Through October 2014 to January 2015, prospective applicants are encouraged to apply to the School and work with prospective supervisors to develop high-quality applications for these Scholarship Competitions.
  • Initial documents are best submitted to the School’s Doctoral Office by 16 January 2015.
  • The School will hold a panel meeting around 22 January 2015 to review and feedback on proposed applications.
  • The School deadline for any application to be received is 2 February 2015.
  • Final documents must be received by the School’s Doctoral Office by 9 February 2015.
  • No entry into the Scholarship Competition can be considered without a student first submitting an application for PhD study to the School.

Thank you for your interest and we look forward to receiving your application.

If you require any specific information, please do not hesitate to contact us at



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