The tuition fee for the PhD in Economics is 1,740 € per year. This amount may be adjusted by a limited amount, following regulations of the Spanish education authorities.
Scholarships
PhD students are normally fully funded, by an internal or an external scholarship, so that they can devote themselves to research full time.
Our scholarships provide a monthly stipend for two years, renewable for a third or fourth year, and they also cover tuition fees. During the academic year 2009-2010 they amount to 14,400 euros per academic year.
The status of PhD student at CEMFI requires the provision of a small amount of research assistance, of up to ten hours per month. Students may obtain additional funding through more intensive research assistance or teaching assistance. The teaching consists of problem set classes for some of the courses in the Master program.