FAQ

  • How many students are admitted to the program?

    We receive around 500 completed applications. We admit students with a target incoming class of about 12.

  • What financial aid is available?

    Availability of financial aid varies from year to year. In a typical incoming class, we will have the following aid:

    ➢ Full fellowship which includes a full tuition waiver and an annual stipend of at least $28,500.
    ➢ Most aid in the first year is without duties.
    ➢ Subject to satisfactory performance, students can expect a research or teaching assistantship in years 2, 3, 4 and 5.

    This means a full tuition waiver and an annual stipend of at least $28,500. (academic year 2016-2017)

  • Are foreign students at a disadvantage regarding financial aid?

    No. Financial aid is distributed solely on the basis of merit. In recent years, full fellowships were awarded to citizens of Brazil, China, Czech Republic, Germany, Hong Kong, India, Ireland, Israel, Poland, Romania, Russia, Taiwan, Thailand, Turkey, Ukraine, United Kingdom, and United States as well as other countries.

  • Do applicants need to take the GRE?

    Yes. All applicants must take the Verbal, Quantitative, and Analytical portions of the GRE. GREs can be used for up to 5 years from the actual date of the test. Either the old or revised GRE may be used.

    The JHU GRE code is 5332 and the code for the Department of Economics is 1801.

    Last year, all admitted applicants had scores on the quantitative GRE between 162 and 170 (on the new scale).

  • Do foreign students need to take TOEFL, IELTS or TSE?”

    All applicants who have not done their undergraduate work in a university where English is the sole language of instruction must take the TOEFL or the IELTS. The TSE is not required. The test scores can be used for up to 2 years from the actual date of the test. Regarding the TOEFL exam, we have a minimum required score of 100 on the Internet-based test (IBT), or 250 on the computer-based test (CBT), or 600 on the old paper-based test (PBT). The TOEFL exam registration code is 5332. We also accept the IELTS. We require a band score of 7 for this exam. The IELTS Registration Code is 4610. If the TOEFL exam is not available the IELTS exam may be taken in its place.

  • How is admission determined?

    Three primary factors:

    ➢ GRE test scores, especially quantitative scores of 160 or above
    Academic record, especially economics and mathematics courses
    ➢ Recommendation letters of scholars and instructors

    Work experience is also considered when appropriate as well as other pertinent information including a match between the research interest of the applicant and the faculty.

  • Do you accept transfer students?

    No. All graduate students must go through the first-year curriculum though in rare cases students with graduate level courses may be able to have Statistics and Mathematical Methods waived.

  • Will you give me a preliminary indication if I will be accepted or given financial aid?

    No. It is our policy not to offer such preliminary evaluations. Students must go through the application process at which time we will make an admission and aid decision. We request that applicants do not ask us to make a preliminary evaluation.

  • Do you consider applications received after the application deadline?

    No. The application system is shut down shortly after the deadline and late applications will not be considered.

  • Can students enter the program in the spring semester?

    No. We only admit students for entry in the fall semester.