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PHD in Economics at Shoolini University of Biotechnology and Management Sciences

Shoolini University of Biotechnology and Management Sciences, Solan Himachal Pradesh, is a premier private university established in 2009. Recognized for its academic strength, it offers over 200 diverse programs across 17+ faculties. The university boasts a vibrant 100-acre campus, emphasizing research, innovation, and strong career outcomes for its over 6,500 students.

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Solan, Himachal Pradesh

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About the Specialization

What is Economics at Shoolini University of Biotechnology and Management Sciences Solan?

This PhD in Economics program at Shoolini University focuses on advanced theoretical and empirical research in various sub-fields of economics. It aims to develop independent researchers capable of contributing to academic knowledge and addressing complex economic challenges prevalent in India and globally. The program emphasizes rigorous analytical training and innovative problem-solving methodologies to foster high-impact research.

Who Should Apply?

This program is ideal for master''''s graduates in Economics or allied disciplines who possess a strong aptitude for research and critical thinking. It attracts aspiring academicians, policy analysts, and professionals seeking to deepen their understanding of economic phenomena and pursue research-oriented careers. Candidates with UGC NET/JRF qualifications are particularly well-suited, demonstrating a foundational research inclination.

Why Choose This Course?

Graduates of this program can expect to pursue careers as university professors, research economists in think tanks, data scientists in leading firms, or policy advisors in government and international organizations within India. With a robust research foundation, they can command competitive salaries, ranging from 6-12 LPA for entry-level researchers to 20+ LPA for experienced professionals in academia and policy roles, driving economic thought and development.

Student Success Practices

Foundation Stage

Master Research Methodology Fundamentals- (Semester 1-2)

Dedicate initial semesters to thoroughly grasp research design, qualitative/quantitative methods, and ethical considerations. Actively participate in methodology workshops and seminars to build a strong theoretical and practical base for your research. Focus on understanding econometric software and statistical tools essential for economic analysis.

Tools & Resources

SPSS, Stata, R (programming language), Shoolini University Library databases, Online MOOCs on research methods

Career Connection

A solid grasp of research methodology is fundamental for any research career, whether in academia, policy, or corporate settings, making your research credible and impactful for future placements.

Identify and Refine Research Interests- (Semester 1-2)

Engage with faculty members, attend departmental colloquia, and read widely across various economic sub-fields to pinpoint a specific area of interest. Work on formulating initial research questions and conduct preliminary literature reviews, even before formalizing your research proposal. This early focus helps in efficient thesis development.

Tools & Resources

JSTOR, Google Scholar, ResearchGate, Shoolini faculty research profiles

Career Connection

Developing a focused research area early can lead to specialized knowledge, opening doors to niche research positions and making you a desirable candidate for specific economic roles.

Cultivate Strong Academic Writing Skills- (Semester 1-2)

Practice academic writing by drafting short research notes, literature reviews, and summaries of research papers. Seek feedback from supervisors and peers regularly. Attend university writing workshops to enhance clarity, coherence, and adherence to academic publishing standards. Proper academic writing is crucial for thesis and journal publications.

Tools & Resources

Grammarly, Mendeley/Zotero for referencing, University Writing Center (if available), Peer review groups

Career Connection

Excellent writing skills are indispensable for publishing in reputable journals, securing grants, and effectively communicating complex economic ideas, which are vital for academic and research career progression.

Intermediate Stage

Develop Advanced Econometric & Data Analysis Skills- (Semester 3-4)

Beyond basic statistics, delve into advanced econometric techniques relevant to your research, such as panel data analysis, time series econometrics, or causal inference. Utilize specialized software and apply these methods to real-world datasets. Consider taking advanced online courses or workshops to deepen expertise.

Tools & Resources

EViews, Python (with Pandas/NumPy), STATA, Databases like World Bank, RBI, NSSO

Career Connection

Proficiency in advanced econometrics makes you highly competitive for roles in economic modeling, forecasting, and quantitative research in both public and private sectors in India, including roles in banking, consultancy, and policy analysis.

Present Research at Conferences and Seminars- (Semester 3-5)

Actively seek opportunities to present your ongoing research at departmental seminars, national workshops, and academic conferences. This builds presentation skills, gathers critical feedback, and expands your academic network. Engaging with other researchers is vital for refining your work and gaining exposure.

Tools & Resources

University notice boards for conference calls, Academic Twitter, Conference databases (e.g., EconBiz)

Career Connection

Presenting research enhances your academic profile, boosts visibility among peers and potential employers, and is a crucial step towards academic publication and securing post-doctoral or faculty positions.

Network with Scholars and Policy Makers- (Semester 3-5)

Actively engage with faculty, visiting scholars, and professionals in your field through university events, online platforms, and professional organizations. Seek out mentors and collaborate on projects if possible. Building a strong network can lead to future research opportunities, collaborations, and career guidance.

Tools & Resources

LinkedIn, Professional Economic Associations in India (e.g., Indian Economic Association), Academic workshops

Career Connection

Networking is paramount for opening doors to collaborative research projects, gaining insights into industry trends, and discovering employment opportunities in think tanks, research institutes, and government ministries.

Advanced Stage

Focus on High-Quality Journal Publications- (Semester 5-6 onwards)

Aim to publish your research findings in peer-reviewed national and international journals. Work closely with your supervisor to refine manuscripts, address reviewer comments, and navigate the publication process. Prioritize quality over quantity for impactful contributions to the field of economics.

Tools & Resources

Journal submission platforms, Academic writing software, Supervisor guidance

Career Connection

Publications in reputed journals are the cornerstone of an academic career, significantly enhancing your chances of securing faculty positions, gaining promotions, and establishing yourself as an authority in your area of expertise.

Prepare a Strong Thesis for Viva Voce- (Semester 5-6 onwards)

Dedicate significant effort to writing a comprehensive, well-structured, and impactful PhD thesis. Ensure meticulous data analysis, clear articulation of arguments, and proper referencing. Prepare thoroughly for the viva voce examination by anticipating questions and practicing your defense with peers and mentors.

Tools & Resources

Thesis template guidelines, Presentation software, Mock viva sessions

Career Connection

A strong thesis and a confident viva voce defense are the final steps to earning your PhD, directly impacting your eligibility for advanced research roles and academic positions post-graduation.

Engage in Grant Writing and Project Proposals- (Semester 5-6 onwards)

Explore opportunities for applying for research grants and collaborating on funded projects. Learn the art of writing compelling project proposals that align with funding agency objectives. This skill is crucial for sustaining research in academia and securing resources for future independent studies.

Tools & Resources

UGC research schemes, ICSSR grants, DST schemes, University Research Office

Career Connection

Successful grant writing skills are highly valued in academia and research institutions, demonstrating your ability to secure funding and lead independent research, which is essential for career advancement and securing leadership roles.

Program Structure and Curriculum

Eligibility:

  • Master''''s degree in Economics or an allied discipline with at least 55% marks (or 50% for SC/ST/OBC/Differently Abled candidates) or an equivalent grade from a recognised university. Admission through University Entrance Test and Interview, or UGC NET/CSIR NET/JRF/GATE/GPAT qualified candidates are exempted from the entrance test.

Duration: Minimum 3 years, Maximum 6 years (Full-time)

Credits: Credits not specified

Assessment: Assessment pattern not specified

Semester-wise Curriculum Table

Semester 1

Subject CodeSubject NameSubject TypeCreditsKey Topics
Research MethodologyCore4Philosophy of Research, Research Design and Methods, Data Collection Techniques, Statistical and Econometric Tools, Hypothesis Formulation and Testing, Academic Writing and Ethics
Advanced Course in EconomicsCore4Advanced Microeconomic Theory, Advanced Macroeconomic Theory, Applied Econometrics, Mathematical Economics, Economic Growth and Development, Public Policy Analysis
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