what do you need to get a phd in psychology

PhD Admissions

The PhD program in Psychology trains students for careers in research and teaching. In addition to a wide range of courses, the PhD program is characterized by close collaboration between students and their faculty advisors. 

General Information

The Department of Psychology holistically reviews each candidate's complete application to assess the promise of a career in teaching and research. Consideration is based on various factors, including courses taken, grade point average, letters of recommendation, and the statement of purpose. Additionally, the Department of Psychology places considerable emphasis on research training, and admitted students have often been involved in independent research as undergraduate students or post-baccalaureate settings. Although there are no course requirements for admission, all applicants should have sufficient foundational knowledge and research experience to engage in graduate-level coursework and research.

We accept students with undergraduate degrees and those with both undergraduate and master's degrees. An undergraduate psychology major is not required; the Department welcomes applicants from other academic backgrounds.

Our application portal is now closed for the AY24-25 admissions cycle.  Please consider applying during next year's AY25-26 admissions cycle, which opens on September 15, 2024.

How to Apply

Application and deadline.

Our 2025-26 Admissions application will open on September 15, 2024.

Applications will be due on November 30, 2024

The deadline for letters of recommendation will be  November 30, 2024 . 

Once an applicant submits the recommenders' information, the recommenders will receive an automated email with instructions for submitting the letter. Late letters should be sent directly to psych-admissions [at] stanford.edu (psych-admissions[at]stanford[dot]edu) . Staff will add them to the application file if the review process is still underway. Still, the faculty reviewers are not obligated to re-review files for materials submitted after the deadline.

The status of submitted applications can be viewed by logging in to the   application portal . 

The deadline to apply for the Stanford Psychology Ph.D. program is  November 30, 2024 . 

Applicants who are admitted to the program will matriculate in autumn 2025. 

In addition to the information below, please review the  Graduate Admissions  website prior to starting your application. The Department of Psychology does not have rolling admissions. We admit for the Autumn term only.

Requirements

• U.S. Bachelor's degree or its  foreign equivalent
• Statement of Purpose (submitted electronically as part of the graduate application). You will be able to specify three  Psychology Department faculty members , in order of preference, with whom you would like to work. 
• Three  Letters of Recommendation  (submitted electronically). A maximum of six letters will be accepted.
• Unofficial transcripts from all universities and colleges you have attended for at least one year must be uploaded to the graduate application. Applicants who reach the interview stage will be asked to provide official transcripts as well; Department staff will reach out to these applicants with instructions for submitting official transcripts. Please do  not  submit official transcripts with your initial application.
• Required for non-native English speakers: TOEFL (Test of English as a Foreign Language) scores, submitted by the Educational Testing Service (ETS) electronically to Stanford. 

Application Fee

The fee to apply for graduate study at Stanford is $125. Fee waivers are available for some applicants. Please visit Graduate Admissions for information on applying for an  Application Fee Waiver .

Application Review & Status Check

The Department of Psychology welcomes graduate applications from individuals with a broad range of life experiences, perspectives, and backgrounds who would contribute to our community of scholars. The review of applications is holistic and individualized, considering each applicant’s academic record and accomplishments, letters of recommendation, and admissions essays to understand how an applicant’s life experiences have shaped their past and potential contributions to their field.

To check the status or activity of your application, please log into your  application account . You can also send reminders to recommenders who have not yet submitted their letter of recommendation.

Due to limited bandwidth, the Department of Psychology staff will not answer any phone or email queries about application status, including requests to confirm the receipt of official transcripts.

Our faculty will interview prospective students before making final admission decisions. Candidates who progress to the interview round will be informed in January. Interviews are generally conducted in February.

The Department of Psychology recognizes that the Supreme Court issued a ruling in June 2023 about the consideration of certain types of demographic information as part of an admission review. All applications submitted during upcoming application cycles will be reviewed in conformance with that decision.

• Diversity and Engagement in Psychology PhD Programs 
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• Graduate Application Fee Waiver Information

For More Information

Please see our  list of Frequently Asked Questions  and  psych-admissions [at] stanford.edu (contact us)  should you have additional questions.

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How Long Does It Take to Get a PhD in Psychology?

Kendra Cherry, MS, is a psychosocial rehabilitation specialist, psychology educator, and author of the "Everything Psychology Book."

Emily is a board-certified science editor who has worked with top digital publishing brands like Voices for Biodiversity, Study.com, GoodTherapy, Vox, and Verywell.

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• How Long Will It Take?

Before You Earn PhD in Psychology

Which type of degree should you get, can you finish your degree early.

Just how long does it take to get a PhD in psychology? The answer can vary depending on your program, educational background, and academic schedule. In general, most PhD psychology programs take anywhere from five to seven years to complete.

Learning more about what it takes to get a doctorate in psychology can help you better plan your educational and career journey.

At a Glance

Getting a PhD in psychology can take several years of graduate study. If you are thinking about becoming a psychologist, research your degree options to figure out what type of degree you need and how long it will take to enter your chosen profession. No matter what you decide, plan to spend anywhere from three to seven years in graduate school to earn a doctorate.

How Long Will It Take to Get a Doctorate Degree?

How long it takes to get a doctorate in psychology depends on various factors, including the type of degree you have selected, your educational background, and the individual doctorate program in which you have enrolled.

Most doctorate programs in psychology take between four to seven years to complete.

PhD in Psychology

Most PhD programs require at least five to seven years to complete. These programs often follow a scientist-practitioner model that trains professionals both in research and clinical practice.

In addition to regular coursework, you may also be expected to complete an internship or supervised residency. The program usually culminates in completing an original research project or dissertation.

PsyD Degree

Most PsyD programs require between four to six years to complete. A PsyD is a degree designed to train professionals to apply psychological knowledge to treating and helping people in real-world settings.

According to the American Psychological Association, PsyD programs focus more on applying psychological science, usually in the form of service.  

Most EdD programs require between three to five years to complete. EdD programs are often focused on psychology, counseling, or counselor education. They explore topics that involve both education and psychology.

It is important to note that many applicants to EdD programs already hold a master's degree in a related field. This differs from applicants to PhD and PsyD programs, who often begin their program of study with a bachelor's degree.

Before you begin your academic journey, it is a good idea to look at just how long it will take you to complete your degree. The amount of time it will take can depend upon various factors, including:

• Your chosen specialty area
• The program you select
• The course load you can take each semester

A doctorate-level degree in psychology is required to work in many job areas, including as a licensed clinical psychologist or counseling psychologist. According to the American Psychological Association, a doctorate degree is also often required in fields such as school psychology or health psychology .

So how long does it take to get a PhD in Psychology ? First, it is essential to realize that the degree requirements can vary depending on the field that you decide to pursue. A PhD, or Doctor of Philosophy degree is not necessarily your only option. In some cases, you might want also to consider the PsyD (Doctor of Psychology) or the EdD (Doctor of Education) degree options.

The PhD, PsyD, and EdD are all great options, but don't let how long it takes to complete be the primary deciding factor. Before you decide to get a doctorate degree, start by deciding which type of degree is most suited to your professional goals.

If you want to conduct research:

A PhD in Psychology tends to focus on a research-based model of education. People with a PhD in Psychology are qualified for a wide range of teaching, research, and clinical positions in colleges, universities, hospitals, government offices, and private mental health practices.

If you want to treat mental health issues:

The PsyD degree option generally focuses on a practitioner-based model of education. Individuals with a PsyD degree can also teach or conduct psychology research, but they frequently work in applied settings to provide direct mental health services.

If you want to apply psychology to help students:

Finally, there is also a third doctorate option that you might also want to consider depending on your career goals. If you are interested in working as a school psychologist or in a related educational field, the EdD, or Doctor of Education, is a possible option.

Despite the years of work, earning your PhD, PsyD, or EdD can be well worth the effort. The U.S. Bureau of Labor Statistics suggests that workers with a doctoral or education specialist degree in clinical, counseling, and school psychology will find the strongest job opportunities.

Generally, if you have a strong background in psychology and have completed all of the necessary prerequisites, you can finish your doctorate sooner than students who have not taken the prerequisite courses.

Carefully planning your degree can also help ensure you complete the program requirements quickly.

Be sure you have a clear idea of what you want to do with your psychology degree once you've completed it. Do you want to teach, or is research more appealing to you? Are you interested in seeing clients, or are you planning to combine your training in psychology with another field, such as law or medicine?

If you need help deciding, make an important with an academic advisor at your school. They can help you explore your options and answer any questions you may have.

What This Means For You

No matter the degree you decide to pursue, earning a doctorate in psychology requires a significant investment of time, money, and effort. Because of this, it is essential to carefully consider your goals before deciding on a graduate program. You should also think about whether you need a doctorate or if a master's might be more appropriate.

Gee DG, DeYoung KA, McLaughlin KA, et al. Training the next generation of clinical psychological scientists: A data-driven call to action .  Annu Rev Clin Psychol . 2022;18:43-70. doi:10.1146/annurev-clinpsy-081219-092500

Loyola University. Can I get my Psy.D. without a Master's in Psychology?

American Psychological Association. Doctoral degrees in psychology: How are they different, or not so different ?

Franklin University. Is getting a Doctorate in Education worth it?

American Psychological Association. Frequently asked questions about graduate school .

Bureau of Labor Statistics. Psychologists . Occupational Outlook Handbook .

Carr, A. Clinical Psychology: An Introduction . London: Routledge; 2012.

Kuther, TL. The Psychology Major's Handbook . Boston, MA: Cengage Learning; 2016.

By Kendra Cherry, MSEd Kendra Cherry, MS, is a psychosocial rehabilitation specialist, psychology educator, and author of the "Everything Psychology Book."

What Can You Do with a PhD in Psychology?

Key Takeaways

• A PhD in psychology will open career opportunities in the fields of research psychology, psychotherapy, forensic psychology, neuropsychology, and even management consultancy.
• Psychology positions have a projected job growth of 6% over the next decade.
• Those who earn a PhD in psychology work in medical settings, government agencies, educational institutions, or in private practice.

If you’re passionate about building a successful career in psychology, earning a doctorate in psychology could get you there. For those who are passionate about the subject but wonder, “What can you do with a PhD in psychology?“, we’ll help you explore your options so you can decide whether a PhD in psychology is worth the shot. 

Featured Programs

With a PhD in psychology, you can pursue various career paths, including research psychology, psychotherapy, forensic psychology, neuropsychology, and even management consultancy. Alternatively, a doctorate also helps you pursue different areas of specialization within the field of psychology.

If you are considering a PhD degree in psychology, you’ve likely already earned your bachelor’s and master’s degrees. However, to progress further into the roles of research, academia, authorship, or lectureship, you have to take the next step. If you’re already employed in a field of psychology, earning a PhD helps you level up.

While a doctoral degree gears you up to become a licensed clinical psychologist, there are plenty of other career options to explore. Here’s a list of the most popular career pathways you can pursue with a PhD in psychology, along with their salaries and growth statistics.

Psychological Researcher

Psychological researchers, or research psychologists, deeply understand the human mind. Their primary duties include conducting experiments to test procedures to explore various aspects of psychology. This includes selecting candidates for clinical trials, administering tests, and carefully observing and documenting the outcomes of their research.

By the time they are done with PhD, psychological researchers are capable enough to review existing literature and contribute to scholarly discussions. Some may serve at universities, while others may work for hospitals or government agencies. If you’re passionate about research and writing, this might be a pretty lucrative field with tons of career opportunities.

• National average salary: $99,577 per year
• Growth: Projected to grow 14% from 2018 to 2028

Clinical Director or Supervisor

The clinical director is one of the most highly paid yet growing careers in psychology . Clinical supervisors monitor psychologists and other mental health professionals to oversee the quality of clinical care provided. They establish best practices for the workplace and check whether the institution complies with regulations in the mental health field.

As a clinical director, you’ll serve in various settings, including mental health clinics, hospitals, universities, or even private practices. Also, these professionals arrange development opportunities for staff members, gather feedback from patients, and delegate cases to team members.

• National average salary: $120,761 per year
• Growth: Projected to grow 28% from 2021 to 2031

Psychotherapist

Like clinical psychologists, psychotherapists support individuals with mental health conditions and help them live a fulfilling life. Unlike clinical psychologists, psychotherapists diagnose more general mental health issues. They closely monitor their client’s behaviors, emotions, and thoughts to develop specific treatment plans for them.

Additionally, they use different tools and therapeutic techniques to develop coping strategies for their patients and improve the way they regulate emotions. A PhD in psychology potentially makes you a perfect fit to deal with the complexity involved in psychotherapy. Ultimately, you understand your clients better to know where they’re coming from.

• National average salary: $115,281 per year
• Growth: Projected to grow 6% from 2022 to 2032  

Psychometrics Specialist

A psychometric specialist looks at assessments to gather information about a patient’s personality, symptoms, and cognitive abilities. They often join hands with mental health specialists to facilitate research or diagnose and treat patients. On top of that, these professionals play a key role in collecting data for research and ensuring its accuracy.

They use a combination of interviews, examinations, and standardized tests to gather data about a patient’s psychological state and decode it to help clinicians and researchers reach conclusions. As a psychometric specialist, you’ll work in research or educational institutions, clinics, government agencies, or independently as a consultant.

• National average salary: $62,264 per year
• Growth: Projected to grow 6% from 2018 to 2028 

Human Resource Director

If you would rather work in an organizational setting, a PhD in psychology also helps build a mindset that prepares you to work in HR. HR directors are highly paid individuals responsible for shaping the recruitment and selection process in an organization. They create and implement corporate policies in areas like talent management, employee relations, and workplace culture.

With a PhD in psychology, you bring a deep understanding of human behavior, emotions, and motivation to the role. Plus, as an HR director, you can use the knowledge from your doctorate to develop thoughtful policies, systems, and resources to support employee well-being.

• National average salary: $116,601 per year
• Growth: Projected to grow 7% from 2021 to 2031

Marketing Director

With a PhD in psychology, you can also serve as a business or marketing director and build a fruitful career. Marketing directors use the knowledge of psychology to bridge the gap between relevant products and customers. Serving at multiple profit or non-profit sectors, these graduates contribute to public relations, management, and technical services.

As a marketing director, your background in psychology equips you with the right knowledge of consumer behavior and effective ways to communicate with them. This, in turn, helps you develop successful marketing campaigns that resonate perfectly with your audience.

• National average salary: $120,014 per year
• Growth: Expected to grow 10% from 2018 to 2028

Management Consultant

Management consultancy is another productive career path you can choose after a doctorate in psychology. Management consultants improve an organization’s efficiency, productivity, and performance. With a deep understanding of psychology, you can easily identify and deal with the underlying issues and patterns within your company.

Plus, management consultants provide feedback and recommendations on addressing employee and business management problems. They might also join hands with top-level management to devise practical solutions that align with the company’s core values.

• National average salary: $108,555 per year 
• Growth: Projected to grow 10% from 2022 to 2032

Forensic Psychologist

Forensic psychology is a rapidly growing field  that requires individual practitioners to obtain a state license. Psychologists in this field work closely with law enforcement to investigate crimes. For a license, you need to complete a doctoral degree from an APA-approved program and have clinically-supervised work experience.

Licensed forensic psychologists assist legal professionals with addressing the psychological aspects of the cases they’re dealing with. For instance, they conduct evaluations, assessments, and psychological testing to understand the case. Once they have come up with logical reasons, they present their findings and opinions to judges and juries.

• National average salary: $87,877 per year
• Growth: Expected to grow 6% between 2021 and 2031

Behavioral Health Specialist

As the name suggests, behavioral health specialists counsel and support individuals with behavioral or mental health problems. They use therapeutic techniques to help patients develop new behaviors and cope with their existing condition. Most importantly, they use their psychological knowledge to identify the root causes of their patient’s behaviors.

If you have a PhD in behavioral health, you can work with patients who have severe mental illness or developmental disorders like autism. The advanced degree helps you set developmental goals for your patients and implement evidence-based treatment plans to guard their well-being.

• National average salary: $54,663 per year
• Growth: Projected to grow 9% between 2018 and 2028

Addiction Counselor

PhD in psychology also enables you to serve as an addiction counselor, where you support patients on their journey to recovery from addictive behaviors. Typically, addiction counselors guide through the rehabilitation process and help manage withdrawal symptoms. They often work together with medical professionals to effectively detoxify clients from drugs and alcohol.

In addition to one-on-one counseling sessions, addiction counselors arrange group therapy sessions. This provides clients with peer support and learning about new experiences and coping mechanisms. They monitor clients throughout the rehabilitation process till they finally achieve sobriety.

• National average salary: $65,310 per year
• Growth: Projected to grow 18% from 2022 to 2032

Prerequisites for Earning a PhD in Psychology

If you’ve made up your mind and want to earn a PhD in psychology, you’ll generally need at least a bachelor’s degree to get in. While some institutions may also require a master’s degree as a prerequisite, it largely depends on the program you’re opting for. Some universities offer combined master’s and doctoral degrees, so you get both degrees at once.

However, the most integral part of your PhD program is the area you’ve chosen. When applying, it’s recommended to thoroughly research the specialties the universities on your radar are offering. This isn’t just about coursework since the topics of your dissertation will also depend on your chosen concentration.

Plus, to make sure you quickly get through the admission process, it’s important to prepare for it beforehand. While the specific requirements depend on your university, here’s a list of some basic prerequisites when applying for a PhD in psychology:

• A bachelor’s degree in psychology or a related field
• A master’s degree (depending on the institution)
• Strong academic record
• Letters of recommendation
• Relevant research experience or coursework
• Statement of Purpose (SoP)
• Interview (as a part of the application process)

Benefits of Earning a PhD in Psychology

Even if you’re sure about earning a PhD in psychology, it’s best to take a look at the benefits to check whether they align with your future goals. While the time required to complete a PhD may be significant, the benefits you reap make it worthwhile. Here’s an overview of the pros of getting a PhD in psychology:

Obtaining a License

Earning a doctorate in psychology is the only path to practice independently as a licensed psychologist. A license allows you to diagnose and treat mental disorders and provide therapy sessions to clients.

Better Employment Opportunities

Many employers, including those in the educational sector, prefer PhD holders over candidates with a master’s in psychology . This is due to years of experience and practice acquired through a doctoral program. For instance, PhD holders are often preferred for faculty positions, research roles, and leadership positions.

Skill Development

PhD holders are seen as authorities in the field of psychology  and research. Through extensive training and coursework, PhD students develop advanced knowledge and skills in areas like research methodology, statistical analysis, and clinical assessments.

High Paying Positions

Doctoral degree holders in psychology are paid way higher than those with bachelor’s degrees. The difference in salary reflects the higher earning potential that comes with advanced degrees in psychology. For instance, candidates with a PhD may easily qualify for higher paying positions in academia, clinical practice, research, or consulting.

Related Questions

What do you learn in a doctorate program for psychology.

In a doctorate program in psychology, you dig deeper into the field of psychology. For instance, you study research theories and methods and do your own research for a dissertation. Most PhD programs also allow you to gain hands-on experience in real clinical settings through an internship program.

Where can you work with a doctorate in psychology?

Fortunately, you can choose from plenty of workplace options once you get your PhD in psychology. You may work as a psychologist in a clinic or even begin practicing privately. Some individuals with a doctorate serve at government agencies, hospitals, and even educational institutions.

How long does it take to get a PhD in psychology?

Generally, getting a PhD in psychology takes around 5-8 years , including some hands-on experience and a year-long internship. However, it’s worth noting that PhD programs are highly competitive. So, the earlier you prepare for your dream university for your psychology degree , the sooner you can secure a spot.

We hope we’ve adequately answered the question “What can you do with a PhD in psychology?” for you and you have more clarity about whether this is the right path for you. Whether you’re into clinical practice, research, or social service, a doctorate in psychology can accommodate your personal preferences if you pick the right area for yourself.

Get Your Ph.D. in Clinical Psychology – Everything You Need to Know in 2024

What’s in this guide, at a glance, why get a phd in clinical psychology, entry requirements for a clinical psychology phd program, what’s covered in a clinical psychology phd program, how much does a phd in clinical psychology cost, program funding and financial support, program duration and flexibility, location and access to clinical populations, program curriculum and specializations, internship placement and post-graduation outcomes, what jobs can you do with a phd in clinical psychology, how much can you earn with a phd in clinical psychology.

By psychologyjobs.com Staff Writer

A PhD in  clinical psychology  is an advanced academic degree that delves into the scientific study, diagnosis, and treatment of mental disorders and behavioral conditions. This rigorous program is designed to prepare graduates for careers in research, teaching, and direct clinical practice. Through the blend of coursework, research, and hands-on clinical training, students are equipped with comprehensive knowledge and skills necessary to become leaders in the field of psychology.

Typically, a PhD in clinical psychology takes between 4 to 7 years to complete, with the variation in duration often depending on the specific requirements of the program, the nature of the student’s research, and the requisite clinical training hours. Most programs include a combination of classroom-based learning, research projects culminating in a dissertation, and applied clinical experience through internships or  practicums .

The curriculum for a PhD in clinical psychology encompasses a wide range of topics. Core areas of study usually include foundations of clinical psychology, research methods, psychopathology, psychological assessment, and various psychotherapy and counseling techniques. Additionally, students often delve into specialized subjects such as  neuropsychology ,  forensic psychology ,  child psychology  and health psychology. This comprehensive training ensures that graduates are well-prepared to address diverse psychological needs across different populations and settings.

There are a multitude of reasons why students pursue a PhD in clinical psychology, here are a few key reasons to consider it:

Demand for Clinical Psychologists

The demand for  clinical psychologists  has been steadily rising, reflecting the growing awareness and acceptance of mental health services in the general population. According to the U.S. Bureau of Labor Statistics (as of 2019), the employment of psychologists is projected to grow 14% from 2018 to 2028, which is much faster than the average for all occupations. This growth is attributed to the greater demand for psychological services in schools, hospitals, mental health centers, and social service agencies. With a PhD in clinical psychology, individuals are well-equipped to meet this increasing demand, providing essential services and contributing to the overall well-being of the community.

Opportunity for Specialization and Higher Earnings

Pursuing a PhD in clinical psychology opens doors to various specializations, such as neuropsychology, child psychology, or forensic psychology. Specialized psychologists often have the potential for higher earnings compared to their generalist counterparts. For instance, according to a 2019 salary survey by the American Psychological Association (APA), doctoral-level clinical psychologists with a specialization (like neuropsychologists) reported median salaries that were approximately 40% higher than those without a specialization. A PhD program allows for deep dives into specific areas of interest, enhancing expertise and potentially boosting earning potential.

Leadership Opportunities and Policy Influence

One of the often-overlooked advantages of a PhD in clinical psychology is the doors it opens to leadership roles within organizations and the potential to influence public policy. The intensive training and deep expertise gained from such a doctoral program position graduates as thought leaders in the field of mental health. According to the American Psychological Association, psychologists with doctoral degrees often find themselves in positions where they can shape policy, both within healthcare institutions and at regional or national levels. Their informed perspectives are invaluable in advisory roles, committees, or when collaborating with governments to create mental health programs, ensuring that psychological services are both effective and accessible. A PhD not only amplifies their voice but also underscores the weight of their expertise in these pivotal roles.

• Bachelor’s Degree : Typically in psychology or a related field, though some programs may accept applicants from other disciplines if they’ve completed prerequisite courses.
• Master’s Degree : Some programs prefer or require a  master’s degree  in psychology or a related field, while others will accept students directly from a  bachelor’s program .
• Grade Point Average (GPA) : Many programs have a minimum GPA requirement of 3.0.
• Letters of Recommendation : Typically from professors, researchers, or professionals familiar with the applicant’s academic and/or clinical work.
• Background Check : Given the nature of clinical work, some programs might require a background check before final admission.

A PhD in clinical psychology is designed to train students in both the science and practice of psychology. The curriculum typically covers a wide array of topics to ensure that graduates are well-rounded and competent researchers, educators, and clinicians. Here’s an overview of the subjects often covered:

• Foundations of Clinical Psychology : This introduces students to the history, theories, and key concepts of the field.
• Research Methods and Statistics : Comprehensive training in both qualitative and quantitative research methods, along with advanced statistical techniques, ensuring students can design and analyze research effectively.
• Psychopathology : Study of various psychological disorders, understanding their origins, classifications, and manifestations across the lifespan.
• Psychological Assessment : Techniques and tools used for clinical assessments, including intelligence testing, personality assessment, and neuropsychological testing.
• Psychotherapy and Intervention : Training in therapeutic modalities and techniques, from cognitive-behavioral therapy to psychodynamic approaches, ensuring students can provide evidence-based treatments.
• Professional Ethics and Issues : Examination of the ethical guidelines and professional standards in the practice of clinical psychology.
• Biological Bases of Behavior : Understanding the neurobiological and physiological processes underpinning behavior, emotion, and cognition.
• Cognitive and Affective Bases of Behavior : Exploring how cognitive processes and emotions shape human behavior.
• Social Bases of Behavior : Understanding social interactions, group dynamics, and broader societal and cultural factors that influence psychology.
• Human Development : Insights into psychological development from infancy to old age.
• Diversity and Multicultural Psychology : Training to ensure culturally competent care, addressing the unique psychological needs of diverse populations.

Here’s a sample curriculum for a PhD program in clinical psychology:

• Introduction to Clinical Psychology
• Cognitive Behavior Therapy: Theory and Practice
• Research Methods in Psychology I
• Psychological Statistics I
• Clinical Practicum I
• Psychopathology I
• Psychological Assessment I: Cognitive and Intellectual Assessment
• Research Methods in Psychology II
• Psychological Statistics II
• Clinical Practicum II

Second Year

• Psychopathology II
• Psychological Assessment II: Personality Assessment
• Human Development Across the Lifespan
• Biological Bases of Behavior
• Clinical Practicum III
• Psychoanalytic and Psychodynamic Therapies
• Cognitive and Affective Bases of Behavior
• Advanced Quantitative Methods
• Professional Ethics in Clinical Psychology
• Clinical Practicum IV
• Neuropsychological Assessment
• Multicultural Psychology and Diversity Issues in Treatment
• Social Bases of Behavior
• Health Psychology
• Clinical Practicum V
• Forensic Psychology
• Child and Adolescent Psychotherapy
• Advanced Clinical Seminar (e.g., trauma therapy or substance abuse treatment)
• Supervision and Consultation in Clinical Practice
• Clinical Practicum VI

Fourth Year

• Family and Couples Therapy
• Advanced Research Seminar I
• Clinical Psychopharmacology (for some programs)
• Elective Course (e.g., School Psychology, Military Psychology, etc.)
• Dissertation Proposal Development
• Advanced Research Seminar II
• Group Psychotherapy
• Elective Course (e.g., Geriatric Psychology, Positive Psychology, etc.)
• Dissertation Research
• Predoctoral Internship (typically a full-year, full-time commitment)
• Dissertation Completion and Defense

The cost of pursuing a PhD in Clinical Psychology varies significantly based on the type of institution and residency status.

Generally, private universities tend to have higher tuition rates, ranging from $30,000 to $60,000 per year. Public universities, on the other hand, offer different rates for in-state and out-of-state residents; in-state tuition can range between $10,000 to $30,000 per year, while out-of-state students might pay between $25,000 to $50,000 annually. These figures don’t account for other costs like fees, books, and living expenses.

It’s worth noting that many Clinical Psychology PhD programs provide financial support, often in the form of fellowships, research, or teaching assistantships, which can cover tuition and offer stipends.

What to look for in a PhD program

It can be overwhelming with so many PhD programs out there and so many factors to consider. Choosing a program in clinical psychology is a significant decision that will impact the trajectory of your career. Here are a few key ways to compare programs/institutions:

Fully funded programs, which include tuition waivers and stipends, can drastically reduce student debt and allow students to focus on their studies.The National Science Foundation’s Survey of Earned Doctorates found that over 75% of research doctorate recipients in psychology reported no education-related debt, largely due to funding availability in their programs.

The length of a program and its ability to accommodate part-time students or offer flexible schedules can be vital, especially for those balancing work, family, or other commitments.

According to the APA, the median time to complete a doctorate in psychology has been around 7 years. However, some programs, especially those designed for working professionals, might offer accelerated tracks or part-time options, which can affect this duration.

Being in a location that provides access to diverse clinical populations or specific groups that align with a student’s research interests can be invaluable for hands-on training and research.

A report from the APA emphasized the importance of diversity in clinical training. Programs located in urban settings or areas with diverse communities can offer broader exposure and experience in multicultural clinical practice, which is essential for a comprehensive education in clinical psychology.

The curriculum and available specializations should align with a student’s career and research interests.

In a survey by the APA, PhD recipients emphasized the importance of finding a program that matched their specific interests, as this played a crucial role in their eventual job satisfaction and career trajectory.

High-quality internship placements and positive post-graduation outcomes can significantly influence a graduate’s early career.

The Association of Psychology Postdoctoral and Internship Centers (APPIC) provides data on internship match rates. Programs with high match rates to APA-accredited internships often signal strong training and preparation.

• Licensed Clinical Psychologist : This is perhaps the most direct application of the degree. Clinical psychologists assess, diagnose, and treat mental, emotional, and behavioral disorders. They might work with specific populations, such as children, the elderly, or individuals with severe mental illness.
• Licensed professional counselor : an LPC is a mental health professional trained to provide therapy and counseling services to individuals, couples, and groups for a variety of emotional and psychological challenges.
• Mental Health Counselor :  provide counseling and therapy services to individuals and groups with mental health concerns such as depression, anxiety, and trauma.
• School Psychologist :  work in K-12 schools to provide counseling and support services to students, including academic guidance, behavioral interventions, and emotional support.
• Professor : A PhD graduate can work in academia, conducting research on various psychological topics and teaching undergraduate and graduate students.
• Forensic Psychologist : Working at the intersection of psychology and the legal system, forensic psychologists might assess defendants’ competency, provide expert testimony, or evaluate the risk of reoffending. Although you might instead consider a  PhD in forensic psychology .
• Neuropsychologist:  diagnose and treat cognitive and behavioral disorders related to brain function, such as traumatic brain injury and dementia.
• Health Psychologist : Focusing on how psychological factors affect health and illness, these professionals might work in hospitals, clinics, or public health settings to improve patient outcomes.
• Director of Clinical Services : Those with a blend of clinical expertise and administrative skills might oversee clinical services at hospitals, clinics, or mental health centers
• Research Psychologist :  conduct research on a variety of topics related to human behavior and mental health, including developmental psychology, social psychology, and cognitive psychology.
• Industrial-Organizational Psychologist : work with organizations to improve productivity and employee well-being through programs such as employee selection, training, and development.
• Licensed Clinical Psychologist : $91,677
• Licensed Professional Counselor (LPC) : $65,000
• Mental Health Counselor : $60,000
• School Psychologist : $90,000
• Professor (Psychology) : $80,370
• Forensic Psychologist : $101,000
• Neuropsychologist : $79,820
• Health Psychologist: $100,000
• Director of Clinical Services: $120,000
• Research Psychologist : $79,000
• Industrial-Organizational Psychologist : $112,690

Masters vs. Doctorate in Clinical Psychology

Know the facts when deciding between a master's or doctorate in clinical psych..

Posted June 13, 2016 | Reviewed by Ekua Hagan

In choosing a career related to clinical psychology, there are a lot of decisions that must be made. In a previous post we discussed the Ph.D.-PsyD decision. Today, we want to explore another tough decision: Master's (e.g., MA/MS in Psychology, Marriage , and Family (Counseling) Therapy , Mental Health Counseling or MSW) versus Doctorate (Ph.D. or PsyD).

Let’s start with some basic characteristics of each type of degree. First, a Master of Psychology can be in clinical (best suited for those with an interest in psychopathological populations and behavioral health), counseling (best for those interested in vocational and career processes, human diversity, and professional training) or educational (provide counseling services to students, including those with a learning disability or those with behavioral or social problems).

Second, a Master's of Social Work (MSW) degree can be in a clinical direct practice track, or a macro-practice track (i.e., focus on political advocacy, community organizing, policy analysis and/or human services management ).

Third, a PsyD is a Doctor of Psychology degree that is best suited for those with an interest in psychopathological populations and behavioral health, and places greater emphasis on the practice of psychology and less emphasis on research. Finally, a Ph.D. (a Doctor of Philosophy degree) can be obtained in the same domains as a Master’s degree, and puts greater emphasis on research than a PsyD.

The time frame for completing each of these graduate degrees is MSW: 2 years, MA: 2 years, PsyD: 4-6 years, and Ph.D.: 5-7 years. During these years of study, it is important to note that (in general) only Ph.D. students will receive support (tuition paid and a stipend) during their years in graduate school.

Of course, there are funding exceptions, especially in cases where a university only has a Master’s program. In addition, scholarships are sometimes available to MSW, MA and PsyD students, but this is generally rare. Support during graduate school might be very important for you, because you can rack up literally tens of thousands of dollars each year in financial assistance, and the amount of money you will earn with your graduate degree may not be as high as you imagined.

Master’s and PsyD programs, in general, are unable to provide the same type of support as a Ph.D. program. Part of this is tied to the fact that typically only Ph.D. students serve as Teaching Assistants or Research Assistants. Also, because Ph.D. programs have far fewer graduate students than PsyD programs, schools are able to afford to support their Ph.D. students.

As far as deciding to go Master or Doctorate degree, there are several issues to keep in mind. First, the general state of affairs for graduate school acceptance is that there is a hierarchy, with Master's programs being easier to get into than PsyD programs and Ph.D programs being the hardest to get into. For the sake of this post, ease of being accepted is defined in terms of grades and GRE scores, although other factors (e.g., clinical and research experience) do come into play. Of course, there are exceptions to this hierarchy, and you may decide to seek a degree at a for-profit school where grades and GRE score are not deemed as important as a non-profit public or private institution.

Our point is simply that your decision about going for a Master’s or Doctorate degree in a graduate program may be a function of what type of program your grades can get you into. We are not saying this is fair, but we hope you understand that schools need some way to pare down the number of students they will accept, with grades and (especially) GRE scores are seen as two important criteria to make these decisions.

We want to add one more point about all of this. It may be the case that your undergraduate academic record is not strong enough to get into a Doctoral program, but you can get accepted into a Master’s program and you do very well in this program. This can work to your advantage if you still want a Doctorate. The thinking here is that if you do well in the Master’s program, you show a Doctoral program that your undergraduate academic record was not indicative of your true potential. However, your stellar record in your Master’s program can show you have what it takes to continue your education in a Doctoral program.

The second issue to think about is the length of time you will be in graduate school. As stated above, the time in graduate school is shorter for a Master’s student than a Ph.D. student. Of course, this means a typical Master’s student can be earning a real salary a few years before a Ph.D. student. Although this is true, one must keep in mind (1) a Master’s degree leads (on average) to a lower salary than a PhD, and (2) a Master’s student will typically have some debt incurred during their two years in school. Let me add that to find out tuition costs for any APA-accredited graduate program, go to their website and look for the link that says “Student Admissions, Outcomes and Other Data.” I think you will be very surprised to see the tuition costs at graduate programs—they’re pretty high. As stated earlier, a Ph.D. student will typically not have any tuition debt hanging over their head. Thus the extra salary for a Master’s student in the time they are out of graduate school working compared to the stipend of a Ph.D. student will probably be offset by the debt the Master’s student must repay.

Third, whether you go for a Master’s or Doctoral degree, you need to consider issues of accreditation of your graduate program and (for Doctoral degrees) your clinical internship. The reason for this is that graduating from an accredited program will offer a greater range of job opportunities. In fact, some employers will only hire those from accredited graduate programs (e.g., the Veterans Administration). If a school does not indicate that it is accredited (e.g., from the American Psychological Association) it should be viewed with caution. With all of this in mind, you should know that to be licensed (certified to practice by a state) in your chosen field it is often the case that you need an accredited graduate degree or internship. Also, note that licensure requires supervised professional experience, an examination at both the state and national levels. Specific courses may be required if a state deems it necessary.

Fourth, as discussed earlier, you must be clear about the issue of job opportunities and salary. In general, it is the case that Master’s degrees lead to fewer job opportunities and lower salaries than Doctoral degrees. One could argue that this is a function of the amount of training--employers are looking for potential employees who have more experience and supervised training. Some might argue that in this regard, a Doctoral student has a stronger foundation of training than a Master's student.

Fifth, you need to decide how much research training versus clinical practice training you want. If you are hoping for the former, then a Ph.D. is definitely for you. A Master’s in Psychology degree may include some research experience. An MSW and a PsyD will likely offer the least research training. One must keep in mind, however, that regardless of the clinical degree you pursue, there will always be some discussion of research, since the basis of diagnoses, testing, therapeutic techniques, etc. is based on research. The key point here is that certain clinical degrees do not require you to be actually conducting research.

Finally, give some thought to how much independence you want to have when you graduate. This all revolves around the issue of licensure that was raised earlier, and it gets very complicated because every state has its own laws regarding licensure for psychology-related degrees. Make sure you understand the laws for the state where you will practice. Of course, you might not know where you will end up, but you must be aware that the state where you end up living may have very different laws than what you expected or from where you originally were working. An important point to keep in mind about licensure is that once you are licensed, if you decide to go into private practice, your fee schedule is typically market-driven.

With all of this in mind, licensure issues require you to consider the following (also check out this info from the APA ):

You need to see what are the licenses your state approves. For a PsyD and PhD, this is not a problem, because all states will have a license for a Psychologist. The issue gets tricky when you have a Master's degree, because states tend to have different types of licensure for these individuals.

• If your state does not have a license that meets your background, what requirements are needed to get a license in a different area? For example, your Master’s degree may not allow you to be licensed as a Psychologist, but after meeting additional requirements you might get licensed as a Licensed Clinical Counselor.
• You need to be clear which licenses require you to be supervised (by a colleague with a certain license) and which allow for autonomous functioning (i.e., functioning on your own). Keep in mind that an employer typically likes an employee to be autonomous—they do not like paying for two hours of supervision (your time and that of your supervisor).
• When you apply for a license that will eventually allow autonomous functioning, what are the requirements to ultimately receive this license (e.g., supervision hours, direct service hours) that you must fulfill?

In presenting these important factors to think about with regard to a Master's vs. Doctoral degree], we, of course, understand that each individual has unique circumstances that must be taken into account. Still, we hope that presenting these factors gives you some food for thought as you consider your ultimate career path in clinical psychology.

Please note that the comments of Dr. Golding, Dr. Lippert and the others who post on this blog express their own opinion and not that of the University of Kentucky.

Want more? Check out our website for more psychology-related career information.

Jonathan Golding, Ph.D. , is a professor of psychology at the University of Kentucky. Anne Lippert, Ph.D. , is a post-doctoral fellow at the University of Kentucky.

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• Considering Clinical Psychology

What Does It Take to Get Into Graduate School in Clinical Psychology?

Admission to PhD programs in clinical psychology is very competitive. Ratios of 300 applicants to 8 positions are common (though perhaps 10-15 people would have to be accepted to fill the 8 slots; some who are accepted decide to go elsewhere, or enter a different kind of graduate or professional program ). Different programs emphasize different characteristics, but it is safe to say that in all programs GREs and GPAs are examined closely. Graduate students in Northwestern's program have averaged over 1400 on the GRE (Verbal plus Quantitative), with an average GPA of over 3.5. (GPAs for the last two years of undergraduate schooling are most important, so students with uneven early records have a good chance if they've improved.) There are respectable programs whose students score lower on these measures, but students who have lower than 1200 on the GRE or a GPA of less than 3.3 can expect to find it difficult to get into a top graduate program in clinical psychology without other special qualifications.

Regarding less standardized criteria, most graduate programs in clinical psychology will prefer that you have taken a course in psychopathology, e.g., our Psych 303. Introduction to Clinical Psychology (Psych 306) can also be useful, in part as a way to learn more about the field and your options within it. Most graduate schools also expect students to have obtained some research experience. The primary concern is that students should have conducted some psychological research in order to know whether they find it interesting. From an admissions perspective, it is less important that you have had clinical research experience than it is that you have had meaningful research experiences (e.g., not just entering data). It is also important that you be able to solicit a letter of recommendation from at least one research supervisor. This means that it is important to get involved in research before you do your applications. If you plan to apply to graduate programs during fall of your senior year, then you should begin your research involvement as a junior, or even earlier.

Northwestern’s psychology department offers many  research opportunities  for undergraduate students. Each quarter, many of our students do  research for course credit  through 399-Independent Study or the two-quarter sequence 397-Advanced Supervised Research. You can learn more about 399 and 397, including their requirements and the differences between them, by reading our webpage on research for course credit. This page also includes tips on choosing a professor with whom to do research. Other students obtain paid positions in the department, typically through the federal  work-study program . You should make sure that your research experience provides you with an in-depth look at the nature of psychological research and at the theories and past research relevant for the questions under investigation. Entering data, scheduling research participants, and so on are integral parts of the research process, but it is important to do much more than that.

Some psychology students hope to do research that is outside the specific projects for which their faculty supervisors have funding. In addition, students who want to do research on campus during the summer may need to earn money for living expenses. Northwestern University, Weinberg College, and the psychology department all have funds available on a competitive basis to support student research. Guidelines for applying for the psychology department’s Benton J. Underwood Summer Fellowship are always included in the winter edition of our undergraduate newsletter,  Swift Thinking . See the Weinberg College webpage on  funds for undergraduate research  and the university page on  Research Opportunities for Undergraduates  for additional funding options.

Many graduate schools give a great deal of consideration to the likely match between potential students' interests and faculty interests. Students can convey their interests through the personal statements they include in their applications and in direct contact with relevant professors. If you have strong interests in a professor's research, this will make you a much more desirable applicant to that person. But you must be able to convey that your interests are serious, for example, by discussing a specific study. Faculty will not be impressed if it appears that you merely scanned the departmental brochure searching for topics that sound interesting.

Students may also want to consider trying some hands-on counseling-type work. Many agencies accept and train volunteers. For example, volunteering at a teen drop-in center or a hospital, working as a camp counselor for special needs children, and answering phones for a helpline can all be relevant experiences. If your goal is to work with some specific population – troubled teens, the elderly, autistic children – then you should try to gain some firsthand experience with this population. In part, this may serve as a valuable credential when you apply for graduate training. Perhaps more importantly, it will let you know if working with this population is as rewarding for you as you expect it to be. Two student groups –  Northwestern Community Development Corps (NCDC)  and  OASIS  – are good sources of information about volunteer opportunities in Evanston and surrounding communities

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• PsyD vs PhD

Getting Your Psychology PhD or PsyD Without a Master’s

Completing a doctoral degree in psychology can be a crucial educational step toward a challenging but rewarding career in the field, whether working with patients or contributing to the field in other ways.

With multiple possible degree paths that end in similar outcomes, it can be difficult for students to understand the best route to take, depending on the education they already have. Specifically, for students who have only a bachelor’s degree, many worry their options for a psychology Ph.D. or a Psy.D. may be limited.

So let’s explore what students need to know about getting a psychology Ph.D. or Psy.D. without having a master’s degree.

Psychology Doctorate Options

At the end of both a Doctor of Philosophy (Ph.D.) in Psychology and a Doctor of Psychology (Psy.D.), an individual will have earned a doctorate and, depending on their personal preferences and professional goals, could use the “Dr.” title. But the details of the degrees are quite different, and which is right likely will depend on the individual and their career dreams.

In general, Psy.D. degrees are more appropriate for those who want to work directly with patients or clients, while Ph.D. degrees may appeal more to those who want to work in academic research to help advance understanding of human behavior.

SEE ALSO:   Online Accredited PsyD Programs

Of course, that’s a guideline rather than a rule, and students who earn either type of degree can work in many different areas of psychology, or may earn enough experience and education to overlap a few areas of the field.

Importantly, though, it’s more common for Psy.D. tracks than Ph.D. tracks to include supervised professional experience as part of the doctoral program, which may impact a graduate’s ability to earn professional licensure (more on that later).

Starting Point

Regardless of what comes next, prospective psychology doctoral students will need to earn a bachelor’s degree. Ideally, they’d major in psychology in college, though there are a handful of other subjects that could suffice, depending on their doctoral program.

These include:

• Social work
• Anthropology

Many doctoral programs will accept applicants who have only a bachelor’s degree, but there are several considerations that may impact whether doctoral candidates can apply with only an undergrad degree:

• Length of doctoral program: Shorter Ph.D. or Psy.D. programs, meaning those that are designed to be completed in only a few years, will usually require students to complete a master’s degree before they apply. For example, an optional completion timeline offered in the Psy.D. program at the University of Indianapolis accepts only those applicants who have already completed a master’s degree in the field, and the admissions office prefers those who already have some practical experience under their belts. UIndy’s 3+1 track can be completed in only four years, while most psychology doctorates will take at least five and sometimes closer to seven years.
• Master’s en route: In most longer-timeline programs, students will earn a master’s degree on their way to getting their doctorate. For example, the Tufts University  Ph.D. in Psychology will last at least five years, and students will complete a master’s degree at the end of their second year in the program.
• Prior coursework: In many psychology doctoral programs, students aren’t required to have majored in psychology at any level but rather it’s necessary for them to have completed certain coursework integral to the study of psychology. At the Rutgers Graduate School of Applied and Professional Psychology , Clinical Psy.D. applicants are required to have completed undergrad courses in introductory psychology, statistics, abnormal psychology and biological bases of psychology, in addition to at least one course in cognitive, developmental and/or social psychology, psychology and perception, conditioning and learning, and psychology of personality.

SEE ALSO:   List of Combined Master’s and PsyD Programs

In every state, a series of rules and guidelines apply to the licensure of psychologists. States vary quite dramatically in what they require, but a psychology doctorate is generally the most important educational step.

However, professional experience is also required in every state, usually both before and after earning a doctorate. That means that students who attend Psy.D. or Ph.D. programs that don’t include a supervised professional experience period, such as an internship or other professional practicum, may not satisfy the licensure requirements in their state.

Additionally, many states require students who attend programs that are not accredited by the American Psychology Association to provide a detailed list of all coursework at the doctoral level, and students may have to take remedial graduate courses if their programs don’t meet the standards.

Earning your doctoral degree in psychology, whether by completing a Ph.D. or a Psy.D., is the single best way to earn licensure and become a professional psychologist. While there’s no single possible way of getting there, students who don’t have a master’s degree, and have no need to earn one, likely will find many options for doctorate programs.

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Thinking of Pursuing a PhD in Economics? Info on Graduate School and Beyond

Kasey Chatterji-Len and Anna Kovner

Becoming a PhD economist can provide a fulfilling and financially secure career path. However, getting started in the field can be daunting if you don’t know much about the preparation you’ll need and the available job opportunities. If you’re wondering what it means to be an economics researcher or how to become one, please read on. We’ll review how to prepare for a career in economics research, what an economics PhD program entails, and what types of opportunities it might bring. Economic education is a core component of the Federal Reserve Bank of New York’s mission to serve the community. To empower would-be economists, this post provides information for students who seek a career in economics research. We hope this information will be helpful to students interested in economics, regardless of their background and economic situation.  This information is most applicable to students applying to programs in the United States.  

The Breadth of Economics Research  

Academic disciplines conduct research in different ways, so it’s important to have a basic understanding of the types of questions economists ask and how they approach answering them. There are many definitions of economics, but a broadly useful one is the study of how people, organizations, and governments make decisions under different constraints, and how those decisions may affect their outcomes. 

When answering these questions, economists seek to ground their analyses in models and to be quantitatively precise about the effects they assign to any given cause. The range of topics economists can study is wide, but the accepted approaches to answering questions are stricter. Some examples of what economists might ask: 

• How do different public housing programs affect the children who live there? 
• Does a certain type of law encourage businesses to innovate? 
• How will a change in the interest rate affect inflation and unemployment rates? 
• How much does affordable health insurance improve people’s health? 
• How can poor countries eradicate poverty? 

There are many different subfields within economics, including, but not limited to behavioral, econometrics, energy/environmental, development, financial, international, monetary, public, and urban economics. You can familiarize yourself with the latest work in economics by subscribing to working paper series, such as NBER’s New This Week or the New York Fed’s Staff Reports . To get an idea of the breadth of questions economists can answer, you could listen to Stephen Dubner’s “ Freakonomics Radio ” podcast. You may also want to explore the Journal of Economic Perspectives , the New York Fed’s Liberty Street Economics blog, VoxDev , or VoxEU .  

What Is a PhD Program Like?    

Economics PhD programs typically last five to seven years. Unlike masters programs, they are often fully funded with a stipend, though most require students to complete teaching assistant and/or research assistant (RA) work as part of their funding package. In the first two years, students take classes, many of which are mathematically demanding. The rest of the program can include additional classes but is primarily devoted to original research with the aim of producing publishable papers that will constitute the dissertation.  

Faculty advisors are a central part of PhD programs, as students look to them for guidance during the research process. Economics PhD programs are offered within university economics departments, but there are similar programs in public policy and business schools. You can look at their websites to understand any differences in coursework and subsequent job placements. 

What Can You Do with an Economics PhD?  

Upon graduation, students can obtain jobs in a variety of industries. Many PhD students hope to become university professors. Governments and public policy-related institutions such as the Federal Reserve System, the U.S. federal government, the World Bank, and the International Monetary Fund (IMF) also hire economists to work on policy, lead programs, and conduct research. Finally, economics PhD graduates can also find employment at a variety of private sector companies, including banks, economic consulting firms, and big tech companies. The pay for these different positions can vary. According to the American Economics Association (AEA), the average starting salary for economics assistant professors in 2022-23 was approximately $140,000 at PhD granting institutions and $98,000 at BA granting institutions. 

Programs often publish the placements of their PhD graduates, so you can look online to see specific employment outcomes. See, for example, the University of Maryland’s placements . Ultimately, economists are highly regarded as authorities on a variety of topics. Governments, nonprofits, philanthropic foundations, financial institutions, and non-financial businesses all look to economists to answer important questions about how to best achieve their goals. Thus, earning an economics Ph.D. can potentially help you to influence issues that are important to you. 

Preparing for an Economics PhD Program  

There are several components to an economics PhD program application: college transcripts, GRE scores, letters of recommendation, and personal statements. Please download the Appendix linked below to learn more about transcripts and letters of recommendation. The Appendix details ways in which you can select coursework, obtain research experience, and develop relationships to position yourself for success as a PhD applicant.  

If you feel that you are too far along in your academic career to take enough of the classes described in the Appendix, this does not necessarily preclude you from pursuing an economics PhD. For example, it’s possible to take some of these classes through a master’s program, or through a pre-doctoral RA job. Some pre-doctoral RA jobs, such as the one here at the New York Fed , may enable you to take classes in preparation for graduate school. If you are concerned about your transcript, reach out to an economist at your university for advice; program standards for coursework and grades vary, and it’s a good idea to get more personalized advice. 

Research Experience   

If you’re interested in becoming an economics researcher and applying to PhD programs, it’s best to get research experience as soon as possible. Working as an RA is a great way to learn how to conduct research and get a better idea of whether it’s the right career path for you. Additionally, it can help you obtain a letter of recommendation for graduate school applications and improve your qualifications.  

All types of academic research can be enriching, but it’s beneficial to gain experience working directly with an economist. To find a position, you can reach out to professors whose work you find interesting or find an RA program at your school. Typical RA tasks may involve data collection and cleaning, as well as running analyses and creating charts to represent results. This is where coding skills become crucial; having taken math, statistics, and econometrics courses will also enable you to take on more responsibilities. 

You may also have the opportunity to conduct your own research, possibly under the supervision of a professor at your university. This research could be self-initiated or part of a course such as a thesis workshop. Self-directed research is a great opportunity to learn about all stages of the research process. It’s also an excellent opportunity to create a writing sample for graduate school applications. Ultimately, though, your motivation for conducting your own research project should be that you want to answer a question.  One thing economists have in common is a love of answering questions using data and theory. 

Research experience is also often obtained after completing an undergraduate or master’s degree. Taking on a full-time RA position before applying to PhD programs is very common and can make you a more competitive applicant. You may either get an RA job working for a professor or participate in a pre-doctoral RA program.  

Research assistant programs are more structured than positions with individual professors or projects, which could be helpful. Universities, parts of the government, think tanks, research organizations, and the Federal Reserve System are all good places to look for research assistant programs. To help you decide which opportunities are most desirable, you may want to ask potential employers : Where do people in this program tend to go afterward? Will I be working directly with an economist? How much of my time will be spent on academic research work? Will I be able to take classes as part of this program? Considering whether an economist will be able to evaluate your performance is an important factor for recommendation letters. The ability to take classes, either through tuition reimbursement or waivers, can also be an important benefit. 

The Research Analyst program here at the Federal Reserve Bank of New York is one example of these programs and you should check it out here . The Federal Reserve Board of Governors also has a large program, and many other regional Federal Reserve Banks have similar programs. In addition, the PREDOC website and the  NBER post listings of RA opportunities. J-PAL and IPA also tend to recruit RAs for economic development projects. Another source of RA opportunities is the @econ_ra account on X. 

Who Should Get a PhD in Economics?  

A PhD may not be for everyone, but it is for anyone—people of all genders, religions, ethnicities, races, and national origins have PhDs in economics. Many economists majored in economics, but others majored in math, physics, or chemistry. Because economics is such an integral part of policymaking, it is important that economists come from a wide range of backgrounds so policy can be stronger and more effective. The inclusion of differing perspectives helps ensure that the contribution of economists to work in public policy, academia, and beyond effectively serves the broadest range of society. 

• Coursework Appendix

Kasey Chatterji-Len is a research analyst in the Federal Reserve Bank of New York’s Research and Statistics Group.

Anna Kovner  is the director of Financial Stability Policy Research in the Bank’s Research and Statistics Group.

How to cite this post: Kasey Chatterji-Len and Anna Kovner, “Thinking of Pursuing a PhD in Economics? Info on Graduate School and Beyond,” Federal Reserve Bank of New York Liberty Street Economics , May 31, 2024, https://libertystreeteconomics.newyorkfed.org/2024/05/thinking-of-pursuing-a-phd-in-economics-info-on-graduate-school-and-beyond/.

You may also be interested in: AEA: Resources for Students

PREDOC: Guidance for Undergraduates

RA Positions-Not at the NBER

Disclaimer The views expressed in this post are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Any errors or omissions are the responsibility of the author(s).

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The editors are Michael Fleming, Andrew Haughwout, Thomas Klitgaard, and Asani Sarkar, all economists in the Bank’s Research Group.

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