MPhil in Economics | GIFT University

MPhil in Economics

Career Prospects:

Two-year MPhil program is an advance level Masters in economics by research degree which gives an excellent starting point for PhD with similar skill set. This degree is an achievement and an importance piece of research in its own right. It creates knowledge and leads to the development of methods and testing the robustness of existing theories. After completion the best career is to go for PhD. Mostly students, obtain a PhD position in different university at the Faculty of Economics/ Business or at one of the other participating faculties. However, this is not the only way, and graduates with MPhil degree can track their professions as researcher, analysts and an academicians. This higher level degree provides an excellent foundation for those, planning their careers in consultancy or policy advice.

 

Program Description:

To enhance the analytical skills and economic reasoning, in line with market needs, MPhil Economics program is being offered under the faculty of Business & Commerce of GIFT University, Gujranwala. This degree will provide the support to the industrial sector and the community through original research in wide verity of areas, along with the high quality education in field of economics and econometrics. Similarly, the focus of MPhil Economics program is to develop economic reasoning and analytical skills to fulfill the industrial as well as corporate sector need of understanding the advance level economic decisions and planning.

The two years program, consists of 30 credit hours all together have two pathways, one is by research and other is by course work. First year of the degree students will take 2 elective courses along with the core area of microeconomics, macroeconomics, econometrics and research, for a thorough and in-depth knowledge of economics. In second year student with CGPA more than 3.00, who want to opt the thesis work, will start their dissertation on real life problems or varying industrial issues along with two courses, whereas MPhil by course work students register themselves for two additional elective courses besides 6 common credit hours with MPhil with thesis program.

 

Program Objectives:

The main objectives of these degrees are:

  • To provide an integrated knowledge of theory and practical in advance fields of economics.
  • To provide advanced and specialized study in economics for further learning and research.
  • To prepare the students for critical analysis of the current issues and enable them for further discussion.
  • To provide a bridge for students willing to study Doctor of Philosophy (PhD).
  • To prepare experts in the field of economics capable of resolving different challenges in all fields of life.
 

Program Features:

The program provides:

  • Updated and advanced understanding in the field of microeconomics, macroeconomics and econometrics.
  • Refined research skills to analyze real world economic, business and humanities issues and controversies.
  • The abilities to pursue doctoral program in economics with 18 year of economics background.
  • Job opportunities in variety of markets like academia, financial and banking sector, planning and development agencies, government organizations and departments, industries, NGOs, research organizations etc.

 

Minimum Eligibility Criteria:

To be eligible for admission to the MPhil Economics program, a candidate:

  • Shall possess a relevant Bachelor’s or Master’s degree of minimum of 16 years of education or an equivalent qualification from recognized University/Degree Awarding Institute (DAI).
  • Must have passed GRE / GAT / NTS (General) with at least 50% score OR pass the aptitude test and interview conducted by the Department of Business & Commerce admission committee.
  • Shall have obtained a minimum cumulative grade point average (CGPA) of 2.5/4.0 in the semester system or a minimum of 2nd division in the annual system in the last qualifying degree.
  • An equivalence certificate is mandatory from Higher Education Commission (HEC) in case of an equivalent qualification.
  • The admission to the program may be made on the basis of cumulative merit to be determined from the previous academic record, prescribed written test and interview.
  • In addition to the above, the applicant may also be required to fulfil any further eligibility criteria if specified by the HEC.
   

Program Structure by Courses:**

Structure

No of Courses

Cr Hrs

Program Core

4

12

Elective

6

18

Total

10

30

** Subject to change as per university and industry requirements and HEC regulations.

 

Program Structure by Research:**

Structure

No of Courses

Cr Hrs

Program Core

4

12

Elective

4

12

Thesis

 

6

Total

8

30

 

 

Minimum Eligibility Criteria:

To be eligible for admission to the MPhil Economics program, a candidate:

  • Shall possess a relevant Bachelor’s or Master’s degree of minimum of 16 years of education or an equivalent qualification from recognized University/Degree Awarding Institute (DAI).
  • Must have passed GRE / GAT / NTS (General) with at least 50% score OR pass the aptitude test and interview conducted by the Department of Business & Commerce admission committee.
  • Shall have obtained a minimum cumulative grade point average (CGPA) of 2.5/4.0 in the semester system or a minimum of 2nd division in the annual system in the last qualifying degree.
  • An equivalence certificate is mandatory from Higher Education Commission (HEC) in case of an equivalent qualification.
  • The admission to the program may be made on the basis of cumulative merit to be determined from the previous academic record, prescribed written test and interview.
  • In addition to the above, the applicant may also be required to fulfil any further eligibility criteria if specified by the HEC.

Enquiries

The Admission Office at GIFT University deals with the enquiries concerning admissions. The prospective candidates are advised to consult this office during working hours of the University.

 

General Criteria to Apply

  • The candidate fulfills the eligibility conditions of the program.
  • The candidate must have earned the eligibility qualification from a recognized educational institution.
  • Good proficiency in English language.
  • The candidate has not been debarred on disciplinary grounds during his earlier educational career.

Admission Application

  • Applications for admissions are invited through advertisement in the media. The prospective candidates are advised to obtain the University Prospectus, Application Form and Admission Schedule from the Admissions Office. They may make queries to the officer on duty for further information.
  • Admission Application should be submitted together with all required documents within the prescribed time limit in the Student Affairs Centre Admissions Office.
  • Online Applicants can apply just by filling the required fields of Online Application Form. Their documents will be verified at the day of admissions test and interview.
  • After admission test and interview, the Admission Committee will advise the successful candidates to deposit fee and other dues in the Accounts Office within the specified time limit.
  • On payment of fee and dues, the Accounts Office will issue the Registration Number to the candidate. at least two days prior to the commencement of the semester.

 

Programs Offered

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