Pakistan Institute of Development Economics (PIDE), Islamabad

To develop a department as a world class center of excellence in econometrics. To produce highly skilled econometricians by imparting state of the art knowledge in econometric theory, statistical methods and their applications in diversified fields.

  • Pakistan Institute of Development Economics (PIDE), Islamabad
  • +92 51 9248074
  • [email protected]
  • http://www.pide.org.pk

Description

 

Introduction

The Pakistan Institute of Development Economics was established at Karachi in 1957 and in 1964 accorded the status of an autonomous research organization by the Government of Pakistan. It is devoted to theoretical and empirical research in Development Economics in general and on Pakistan-related economic issues in particular. In addition to providing a firm academic basis to economic policy-making, its research also provides a window through which the outside world can view the nature and direction of economic research in Pakistan. Other social sciences, such as demography and anthropology and interdisciplinary studies increasingly define the widening scope of research that must be undertaken for proper economic policy and development to have sound underpinnings. Over the past 50 years PIDE has earned an international reputation and recognition for its research. Our faculty is rich and our advisory committee consists of world renowned economists such as Nobel Laureate Robert A. Mundell.

PIDE is located at the Quaid-i-Azam University Campus in Islamabad, the capital of Pakistan. The campus rests against the backdrop of the Margalla hills on the Potohar Plateau, within a short distance of the remains of Taxila, which once housed the world's oldest university. Archaeological remains discovered in this area show that it has been a center of civilization for some 5,000 years. The Institute, neighbor to several other academic outfits situated in this historic and scenic part of the green foothills of the great South Asian mountain ranges, is the hub of economic and social science research in this part of the world.

In November 2006, PIDE was granted the degree awarding status and hence our top priority now is to provide quality education which is affordable but of world class standard in this region along with a truly stimulating learning environment.

 

Programs

 

PROGRAMES OFFERED:

 

Department of Economics

At PIDE, economists are trained in Economic Theory and applied economic analysis. PIDE being a leading economic research institute realized the importance of extending the knowledge of Economics at an academic level, and has introduced M.Sc in Economics to provide advanced training in economic analysis. In addition to the core courses the programme offers a wide range off Elective subjects. It offers students an opportunity to study particular areas of economics in greater depth, from both a theoretical and an empirical perspective. The Masters programme in Economics is a two years academic programme, designed to produce professional economists. Similarly, M.Phil is a two year academic programme. It not only prepares the theoretical foundations of the students but also requires them to undertake a research thesis in the final year. The students have an option to convert their M.Phil into PhD.

The PhD programme in Economics was started eight years ago and the placement of our graduates has been at the best policy making and academic institutes in Pakistan. Our PhD Programme prepares students to make significant contribution in the field of Economics. The normal duration for the course work is two years. Students are required to pass their comprehensive examinations in order to progress to the research stage. Admission requirements into the advance degree include academic achievement and training in Economics, Mathematics, Statistics and Econometrics. The department of Economics consists of senior faculty members trained in the leading universities of the world including Cambridge, Harvard, Chicago, Columbia, Johns Hopkins, Ohio State, Kansas State, Nebraska-Lincoln, London School of Economics and Political Science, Australian National University to name a few, with research and teaching experience of over 20 years.

Several members of the department also serve as advisors to various government agencies and other multi/bi-lateral organizations. The degrees in Economics are professional degrees that prepare students for careers in the private sector as economic analysts in businesses, consultancy firms, financial institutions, and applied research firms. They may also find jobs in international organizations (World Bank, IMF, International Labour Organization etc.), government (all ministries) and non-profit organizations (non government organizations, universities and other teaching jobs).

 

Department of Economics and Finance

The department offers the M.Phil program in Economics and Finance which is the latest addition into degree programs offered at the Pakistan Institute of Development Economics (PIDE). The programme offers courses that introduce students to cutting-edge economics and financial theories and their application to both the domestic and global issues. The disciplines of economics and finance have a natural relationship to each other that makes an outstanding combination within a degree program as economics provides the fundamental analytical tools to study business programs and issues including employment, inflation, interest rates, investments, business fluctuations, and national and international financial situation. Finance examines capital and money markets and provides the tools of analysis to deal with financial charges arising from an ever changing economy.

The aim of the program is to provide sound conceptual framework and solid policy oriented grounds to graduates in the field of economics and finance, applicable in financial institutions/departments, industry, business, banking and government.


 

Department of Business Studies

This is a Master’s degree involving full time study. The programme aims to equip students with latest management skills. It will also enable them to work under pressure and enhance their interpersonal and communication skills which are the main requirements for managers today. Since business administration is a vast field, students will be able to specialize in one of the following fields; Banking and Finance, Marketing and Management.



 

Department of Econometrics and Statistics

Introduction:

Data are valuable only as a source of information. Econometrics provide tools to extract information contained in the data. It extracts good models for policy analyses and tests the hypotheses derived from economic theory.

The department offers an internationally oriented, rigorous teaching and research environment aiming for world class center of excellence in Econometrics. Our faculty has a strong quantitative background in Econometrics and Statistics and includes eminent econometricians including Dr. Asad Zaman.

The department offers MPhil & PhD programs in Econometrics. It provides training in econometric theory, applied econometric studies and data analysis software. The department also offers opportunity on different forums for students and faculty to share their knowledge.

MPhil Program

The MPhil program is focused towards prompting ambitious and excellent students who aim to develop themselves as independent researchers / experts in their fields. During two years of study, students have the opportunity to meet skilled research fellows and highly qualified teachers who are the best researchers in field of economics in Pakistan.

PhD Program

The department of Econometrics and Statistics feel honored to introduce the Ph.D. program in Econometrics. This program aims to enable the graduates to apply their knowledge to explain and foresee economic issues.

Students completing these programs will be prepared for careers in academic research, national and international governmental organizations, or private business.

 

Fees Structure

Fee Information

For National Students

For Foreign Students

Master's Programmes

Master's Programmes

One Time Charges

Rs. 15,000

One Time Charges

$400

Transportation Charges

4,000 per semester

 

 

MSC (Economics)

Rs. 2,200 per credit hour

 

 

MSC (Population Sciences)

Rs. 33,000 per semester

 

 

MSC (Econometrics & Statistics)

Rs. 2,200 per credit hour

 

 

MBA

MBA

One Time Charges

Rs. 15,000

One Time Charges

$400

Transportation Charges

4,000 per semester

 

 

Per Semester Charges

Rs. 49,500

Per Semester Charges

$1500

MPhil and PhD Programmes

MPhil and PhD Programmes

One Time Charges

Rs. 15,000

One Time Charges

$400

Transportation Charges

4,000 per semester

 

 

Per Semester Charges

Rs. 3,300 per credit hour registered (during course work)

Rs. 20,000 (Per semester during research)

 

Per Semester Charges

$100 per credit hour registered (during course work)

$600 (Per semester during research)