Quantitative Economics

Programme Structure

Curriculum:

• Financial Econometric Modeling
• Nonparametric Econometrics
• Experimental Economics
• Special Topics In Economics
• Political Economy

Academic requirements

GRE® — The GRE General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. It contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing.

• 150 (verbal)
• 160 (quantitative)

English requirements

• Duolingo English Test: 110
• TOEFL® IBT: 79
• PTE Academic: 59
• IELTS: 6

Other requirements

General requirements

• A resume
• Three letters of recommendation
• GRE score with a quantitative score of at least 160 and a verbal score of at least 155
• At least a B (3.0 out of 4.0) for the last two years of coursework

Tuition Fees

Tuition fees are shown in AUD.

• International: 48,730 AUD / year ≈ 34,542 USD / year
• Out-of-State: 48,730 AUD / year ≈ 34,542 USD / year
• Domestic (In-State): 16,483 AUD / year ≈ 11,684 USD / year

Living costs

Tuscaloosa

United States — 1,199-1,834 AUD / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Scholarships for PhD's in Quantitative Economics are available. Scholarships include, among others: Belgian American Educational Foundation (BAEF) (72000 USD, deadline 31 Oct 2026); Fulbright U.S. Student Program (Various benefits, deadline 07 Oct 2026); Other Scholarships For Graduate Students (Various benefits); Sir Edward Youde Memorial Fellowships For Overseas Studies (300000 HKD, deadline 30 Sep 2026); Fulbright-Masaryk Award (Various benefits, deadline 01 Nov 2026).