Persons contemplating the Ph.D. should prepare themselves by studying economics, mathematics, and mathematical statistics through intermediate levels. Each year about eight to ten students start the Ph.D. program. Some of these students subsequently elect to complete the M.A. rather than to continue in the Ph.D. program. Applications should be submitted by January 15, 2001. Applicants should have a bachelor's degree and a strong undergraduate record including training in economics, statistics, and mathematics.
Financial aid based on academic merit is awarded to many Ph.D. students.
We usually offer eight full-support fellowships to incoming students. These fellowships provide an eight-month stipend in addition to tuition and health insurance, and may be renewed for four years. During the first year, students on aid have no teaching responsibilities. In 2001-02, tuition and financial aid will probably be somewhat higher. Applicants with outstanding records may apply for Harold Stirling Vanderbilt Scholarships, which provide a supplementary stipend in addition to a regular scholarship or fellowship award, or for University Graduate Fellowships.