Presentation by Professor Chinmay Tumbe

1. Ph.D Programme in Management
(With Specialization in Economics)
January 10, 2020

2. Why pursue a PhD at IIMA?
• Solid Economics Department
• 14 Faculty Members
• Wide range of research interests
• Access to a wide range of courses OUTSIDE Economics
• Access to a wide range of research methodologies
– Quantitative & Qualitative
• Dynamic Campus Life
• Best Financial Support for Economics Doctoral Students in India

3. Areas at IIMA
1. Business Policy
2. Economics
3. Finance and Accounting
4. Food and Agribusiness
5. Human Resource Management
6. Information Systems
7. Innovation and Management in Education
8. Marketing
9. Organizational Behaviour
10.Production and Quantitative Methods
11.Public Systems Group

4. IIM-Ahmedabad Economics Faculty
Rakesh Basant Industrial Organization, R&D, Affirmative Action
Anindya Chakrabarti Macroeconomics, Networks
Chirantan Chatterjee Industrial Organization, Health Economics
Abhiman Das Macroeconomics, Banking, Econometrics
Satish Deodhar Microeconomics, Agricultural Economics
Pritha Dev Microeconomics, Networks
Errol D’Souza Macroeconomics, Labour Economics
Tarun Jain Public, Labour, Development Economics
Reetika Khera Development Economics, Public Policy
Sanket Mohapatra International Macroeconomics & Finance
Sebastian Morris Macroeconomics, Infrastructure, SMEs, FDI
Viswanath Pingali Game Theory, Health Economics, Regulations
Jeevant Rampal Behavioural & Experimental Economics
Chinmay Tumbe Urban Economics, Business & Economic History

5. IIMA & Economics
• IIMA established in 1961
• Raghuram Rajan and Arvind Subramanian are
IIMA alumni, from the MBA programme
• C Rangarajan and I G Patel were former members
of the Economics Department
• Economics Area has expanded in recent years

6. Research Centres at IIMA
• NSE Centre for Behavioural Science in Finance, Economics and Marketing
• Misra Centre for Financial Markets and Economy
• JSW School of Public Policy
• Gender Centre
• India Gold Policy Centre
• IIMA-Idea Telecom Centre of Excellence
• Centre for Management of Health Services
• Centre for Innovation, Incubation & Entrepreneurship

7. Ph.D. Programme at IIMA – A Quick Overview
• The Programme admits students who have a strong academic
background, are highly motivated and who have the intellectual curiosity
to undertake original research.
• It prepares students for a career in academia or research positions in
industry.
• It comprises 11 different highly specialized disciplines of management.
1. Business Policy
2. Economics
3. Finance and Accounting
4. Food and Agribusiness
5. Human Resource Management
6. Information Systems
7. Innovation and Management in Education
8. Marketing
9. Organizational Behaviour
10. Production and Quantitative Methods
11. Public Systems Group

8. ➢ Basic Eligibility Criteria:
✓ Master's or Post Graduate Diploma (2 yrs) or Professional
qualification - CA/ ICWA/CS with B.Com/Degree
OR
✓ B.Tech./ 4 year Degree with 6.5 CGPA or equivalent
➢ Selection Process:
✓ Common Admission Test (CAT) or a standard test in lieu of
CAT.
✓ For NRIs and Foreign students this standard test is the
Graduate Management Aptitude Test (GMAT).
✓ Different Areas of specialization at IIMA have specified
different standard tests in lieu of CAT, like GRE, GMAT.

9. Area of high levels of specialization Standard Test in lieu of CAT *
Business Policy GRE/GMAT
Economics GRE/GMAT/GATE/UGC-JRF in relevant discipline
Finance & Accounting GRE/GMAT
Food & Agri-business
GRE/GMAT/
UGC-JRF (Economics/ Development Studies/Development Economics/ Business
Economics/ Management)
ICAR-SRF (PGS – merit list for award of SRF)
Human Resource Management GRE/GMAT/GATE/UGC-JRF in relevant discipline
Information Systems GRE/GMAT/GATE
Innovation and
Management in Education
GRE/GMAT/GATE/UGC-JRF in relevant discipline
Marketing GRE/GMAT
Organizational Behaviour GRE/GMAT/UGC-JRF in relevant discipline
Production and Quantitative Methods GRE/GMAT/GATE/UGC- NET JRF in Mathematical Sciences
Public Systems Group GRE/GMAT/GATE/UGC-JRF (in relevant discipline)
* Valid for two years from the date of the standard test and should be valid on the deadline
of submission of the application form.
➢ Scores of CAT 2017, 2018 and 2019 are considered valid for application to the Ph. D. Programme in
2020.
➢ Standard Test Score not required if an applicant is:
• PGP Alumni of any IIM
• PGPX/PGP-PMP Alumni of any IIM where such courses are offered
(Part-time/evening/week-end/Distance Learning programmes of IIM are NOT considered)

10. ➢ Fellowships
IIMA provides comprehensive fellowship that covers all academic expenses
including tuition, computer, library, medical insurance, placement and alumni
fees, and also includes a monthly subsistence allowance of
- Rs.32,800/- (Slab A) for first and second years
- Rs.35,400/- (Slab B) after completing comprehensive examination and
- Rs.39,300/- (Slab C) after submitting the TAC approved thesis proposal.
➢ Contingency Allowance of Rs.25,000 per year (for five years) to cover
research expenses, expenses on books, photocopying etc. are also
available to all students.
➢ Rs.1,75,000/- (upper limit) for attending international conference/
workshop/summer school during their 5 years tenure in the Programme.

11. ➢ How to Apply
✓ Application Form and Brochure are available online.
✓ Candidates can fill-up the application form online and are eligible to
apply for a maximum of three Areas of high levels of specialization.
✓ An application fee of Rs.500/- can be paid through IIMA gate way.
➢Important Dates to Note:
✓ Link open for Online Application : September 10, 2019
✓ Last date for submitting Online Application : January 23, 2020
➢ Further information/clarifications:
✓ Phone :079-66324638/39
✓ Email: fpmadmission@iima.ac.in
✓Website link:
https://www.iima.ac.in/web/fpm/apply/admissions

12. Course Work Structure
Total Credits: 30.5
• PhD Core Courses: 8.5 Credits
• Area Courses: 16.0 Credits, and
• MBA Courses: 6 Credits
• IIMA offers over 100 courses at the MBA level
• One credit means 20 sessions of 75 minutes each.

13. 1st year required courses to be taken
for Economics Area
• Mathematics For Economists (Term 1)
• Microeconomics I & II (Terms 2 & 3)
• Macroeconomics I & II (Terms 2 & 3)
• Econometrics I (Term 2)

14. Economics Area Elective Courses
• Advanced Macroeconomics
• Advanced Game Theory
• Computational Economics
• Data Envelopment Analysis
• Development Economics
• Economics Of Strategy
• Econometrics II
• General Equilibrium
• Global Business & Economic History
• Networks And Granularity
• Organizational Economics
• Time Series Econometrics

15. Timeline
• Total minimum requirement is 30 credits
• Baseline for course work completion includes Induction term,
First year (3 terms) and Second year (3 terms).
• Area Comprehensive Exam (ACE) after Term 6 during April until
June 30 of second year (and at most July 15th).

16. Promotion to Second Year
• A Minimum Average Grade Point of 2 for all
courses taken in first year, AND
• A Mimimum Average Grade Point of 2.55 for Core
Ph.D level courses and Area Ph.D Core courses,
AND
• Not more than 4Ds and no Fs with course
equivalent to one credit each

17. Beyond Second Year
• 5-year fellowship support to students
• Thesis Advisory Committee
• Allow External Experts (with PhD) to come as Third
Member on Thesis Advisory Committees.

18. TA-ship
• Students (after their ACE) compulsorily work as a
Teaching Assistant for 2 courses before graduation.

19. Name Thesis Title
Year of
Graduation
B SUNDAR
Numeracy, Financial Literacy, Risk Attitudes, and Impatience of Forest Dependent
Communities: Evidence from Andhra Pradesh 2014
INDRAJIT THAKURATA Rich Dad, Poor Dad: Life-Cycle Portfolio Savings & Human Capital Accumulation 2014
ANAND SHARMA Industrial Productivity Growth and Agglomeration Economies 2016
JANI VISHALKUMAR JAYANTKUMAR International Trade: Elixir or Venom for Health 2016
SIDDHARTHA BHASKER Evolution of New Freight Structure in India over the Long Run: A Policy Assessment 2017
DEEPAK BISHT Explorations in Modeling and Forecast Assessment of Energy Derivatives 2018
P K V KISHAN An Empirical Exploration of Education and Inequality – Three Essays 2018
Recent Economics Area
Doctoral Theses

20. Other ways to engage with IIMA
• Apply for a 2-month internship by directly writing to
faculty you would like to work with
• Internship eligibility is that students have to be
currently enrolled in an institution
• Apply to be an Academic Associate
• Teaching Assistant

21. Thank you