ubc economics phd placement

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The BC Economics department has placed its graduates in academic positions in highly ranked universities all over the world (such as UCLA Anderson, UC Irvine, Rice, Johns Hopkins SAIS, North Carolina State, SUNY Albany, Florida State, Drexel, Northeastern, LSE, Oxford, Warwick, Bocconi, York, Bristol, Lancaster, Heriot-Watt, Imperial College, UC Dublin, Concordia, HEC Montréal, UQAM, Carlos III, Frankfurt am Main, Bogaziçi, New South Wales, National University of Singapore, Renmin, Shanghai University of Finance and Economics), in international institutions such as the IMF and the World Bank, in the Federal Reserve System, in the ECB and in other central banks around the world, in government research positions and in top consulting groups and think tanks (including Goldman Sachs, Analysis Group, NERA, Charles River Associates International, Brattle Group, Urban Institute, Center for Naval Analyses, and WZB Berlin). Their publications appear in many of the top-ranked journals in economics and finance. Here is a full list of placements over the last decade and positions held by BC Ph.D. alumnae and alumni. University placements are at the Assistant Professor (tenure track) level (or equivalent), unless otherwise specified.

Selected Pre 2002 Alumnae/i's Placements and Beyond

Kevin Cahill '01, Research Economist, Sloan Center for Aging and Work, Boston College

Metin Celebi '01, Principal, Brattle Group

Nikolai Gospodinov '01, Associate Professor, Concordia University

Mark Sarro '01, Principal, Brattle Group

Niloufer Sohrabji '01, Associate Professor, Simmons College

Soner Tunay '01, Senior Vice President-Risk Management, Citizens Financial Group, Boston

An Yan '01, Professor, Graduate School of Business, Fordham University

Silvia Ardagna '00, Managing Director, Goldman Sachs

Oriana Bandiera '00, Professor, London School of Economics and Political Science

Benoît Durand '00, Partner, RBB Economics, Brussels

Emanuela Galasso '00, Senior Economist, World Bank

Antonio Gomes de Menezes '00, Chairman, SATA Airlines, Portugal

Neslihan Ozkan '98, Professor of Finance, University of Bristol, UK

Srikant Seshadri '98, Resident Representative in Turkey, International Monetary Fund

Mustafa Caglayan '97, Professor of Finance, Heriot-Watt University, Scotland

Meral Karasulu '96, Vice President, OppenheimerFunds

Kristian Uppenberg '96, Research Economist, European Investment Bank, Luxembourg

Alpay Filiztekin '95, Professor, Sabançi University, Turkey

Atreya Chakraborty '94, Professor of Finance, University of Massachusetts-Boston

Peter Nigro '93, Professor, Bryant University

Gary Fissel '88, Senior Financial Economist, Federal Deposit Insurance Corporation

Tullio Jappelli '88, Professor, University of Naples Federico II

Michael French '86, Professor of Economics, Professor of Sociology, Professor of Public Health Sciences, Professor of Health Sector Management and Policy, University of Miami

James LeSage '83, Professor, Texas State University

Mario Fortuna '83, Professor, University of the Azores

Clifford Thies '82, Lindsay Professor of Economics and Finance, Shenandoah University

Teresa Amott '80, President, Knox College

James Markusen '73, University Distinguished Professor, University of Colorado

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While  studying Economics , you’ll analyze economic phenomena such as individual choices, market outcomes, and the role of institutional environments and government policies. You’ll develop important skills as you delve into these phenomena through studying various economic models and performing data analysis at the Vancouver School of Economics.

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• Applying a deep understanding of policies, markets, and development to examine the social, cross-cultural and ethical dimensions of economic decision-making
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Career opportunities vary across a range of fields including finance, insurance, business, public policy and administration, statistics, mathematics, law, education, and others.

There are many career paths that can combine your academics, skills, and experience with your different interests. Read through the job titles below for ideas. Some career options may require further education or training.

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Your experiences will open doors to new opportunities and help you understand your values and interests.

• Economics clubs at UBC Meet other UBC students with similar interests through events and programs.
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• Arts Co-op Program Gain paid work experience in your area of study as part of your degree program.
• The Governor’s Challenge Develop your monetary policy decision-making skills in this student competition hosted by the Bank of Canada.
• National Investment Banking Competition and Conference Form a team and register in the summer to develop your investment banking skills and get noticed by industry recruiters.
• Fraser Institute - Student Essay Contest Share your ideas on public policy and the role of markets in this student competition.
• Progressive Economic Forum - Student Essay Contest Submit an essay related to political economy, economic theory or economic policy issues for a chance to win.
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Employers often hire people they know, so help them get to know you. You can  build your network through clubs, classes, informational interviews, and more. There are so many ways to make connections and find mentors.

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Find UBC Economics graduates on LinkedIn  to learn about where they’re working, and their career and academic paths.

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Complete Captcha

• 2 years - 92 posts - Latest
• Thread: 162 Goods vs 76 No Goods

How did UBC's PhD program turn into sh*t within five years?

Economist eb7d

Their PhD program had solid MRM placements until 2017. Since then only one placement in North America over five years. Graduation rate seems very low as well (only 1 JMC per year, down from 3-5?). What is going there?

Economist 7dda

Why you are interested in 2017?

Economist d648

Change in director?

Economist f71e

international students don't want to move to the USA (Trump era)

Economist 9b81

I heard from one UBC insider that many good scholars had left UBC.

Economist 1334

Everything woke turns sh...

Economist 3843

yeah? and this happens only to the ones that go to UBC why?

Economist a4e0

They are running well. Leave it alone.

Economist 7179

Jan Bena made everything terrible there.

Economist f5ae

Former insider here. The program is a shitshow. The good placements until 2017 were the students of a few senior faculty members who left or are no longer active. Most remaining students receive little to no supervision.

Students are disillusioned. Graduation numbers are low because half of each cohort quits, and a few students have been kicked out for dubious reasons.

Money is a major problem. Students are being lied to about the nature of their funding during the interviews. They join the program without external financial backing, and then find themselves not receiving the money they were promised so they spend most of their week marking exams and cleaning data for faculty instead of doing research. This has been mentioned on EJMR a few times over the past years, just search for UBC.

Compared universities in the States or even Rotman, Sauder has very week governance so that a single ill-intentioned PhD director cause a lot of harm to the program for years to come.

The program has entered a vicious circle of students not receiving the support they need to succeed, and faculty not wanting to give resources to the students because they do not see success. Faculty is generally out of touch with reality. The objective of the program is no longer to produce good placements but to reduce faculty workload.

Economist 67d8

Not disagreeing, but sounds pretty standard for phd program. thats why you really have to have low opportunity cost to do some bs like this

Yes and no. Money and governance are real issues there, yet their faculty is quite supportive. A decent place to go if you work on empirical cf or microstructure.

Economist 0ec0

UBC faculty ego too big. Bigger than their brain power or research output.

Economist 68a5

Us is better than Canada on every margin

There has been much more woke pressure at ubc

Economist 6f3a

I always find that faculties support and plenty of student research time without TA/teaching are inevitable for phd students' success at MRM/LRM

Economist 0cab

It’s always the same. Lemons complain about having to RA or TA. Somehow this does not stop good students from succeeding.

But from my long tenure at LRM/MRM, I noticed that the students who do not do RA work invariably cannot produced good research because they do mot know how research is done and what it involves.

Another observation from frequenting this board is the level of entitlement from lemons on this board. I did my PhD at HRM. I received little to no feedback on my research. Typical adviser at best will give you suggestions on possible directions. But will not solve problems you are facing for you. And it is your job to talk to more people than just your adviser.

Economist 77ff

At least they weren't asked to go take a part-time job in a nearby city..which is what happened to me during my 4th year

Economist b5ef

It is still a good program and has a nice set of faculty. The program placements have cycles. There are good batches and bad batches. Peer effects are important. This is true for all MRM phd programs.

If you are a phd student, just work hard with the right people there. You should be fine. Just have right expectations. Placements like Columbia, UCLA, UT Austin may not happen again, unfortunately.

-another former insider

Economist bc30

The quality of post 2017 placements is similar to that of placements from 2012-2016 (Rotman, Tulane, Alberta, Melbourne, Calgary, UNSW), though cohorts seem to have gotten smaller. 2017 was just a particularly good year for UBC.

Reply »

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Finance MSc

UBC Sauder's two-year finance MSc program is a competitive research-oriented master's degree that aims to give students exposure to the frontiers of academic research. The majority of our students go on to pursue finance doctorates, with our Past Placements including Columbia, Cornell, NYU, and Wharton; while others work for financial firms in Canada or abroad. Our small class of master's students benefit from extensive contact with our world-class Finance Faculty , research assistantship work, and low tuition. 

Our master’s students take classes side-by-side with our Finance PhD students and interact extensively with our finance faculty. Similar to PhD students, they are provided with individual office space, fostering a collaborative and focused academic atmosphere. The rigorous training we provide in theoretical and empirical finance equips students with the tools needed to become leading scholars. A high level of faculty contact sets our MSc program apart.

Students start their coursework in September taking foundational finance PhD courses, graduate economics courses, and electives. Their first summer is typically spent as a paid research assistant for a UBC faculty member. The guidance, courses, and research assistantships we offer set up students to apply to PhD programs in the Fall of their second year, with our program ending the following May.

Admission is competitive and incoming students typically have very strong academic records and undergraduate training in business, economics, mathematics, engineering, and other quantitative disciplines. Our students come from countries around the world and previous work experience is not required. The MSc in Business Administration program commences annually in September. Please apply before the December 31 deadline to be considered for the following year.

Tuition and Financial Support

Annual tuition and fees for the 2024/25 are less than $7,000 for domestic students and $8,000 for international students (net of a partial tuition scholarship for research-oriented masters graduate programs of $3,200 per year). Please refer to the Graduate Program Calendar for current information.

Research Assistantships

Our MSc students are integral to faculty research and commonly work as paid research assistants over the summer. Beyond building valuable research skills, students earn money to support their studies. Students and faculty match on the basis of faculty needs and common research interests and so earnings vary, but past summer research assistants have earned up to $12,000.

Teaching Assistantships

Our master’s students often supplement their income and hone their instructional skills by working as teaching assistants. As of September 2023, master’s student teaching assistants are paid $37.53 per hour. Refer to the latest CUPE 2278 salary scale for updated information.

Subsidized Graduate Student Housing

The university offers subsidized housing for graduate students, with options available to match student family situations. Housing options are available at UBC Housing Fees & Payments .

Scholarships and Awards

Rbc graduate entrance scholarship for women in finance.

A competitive $25,000 entrance scholarship is offered annually by the Royal Bank of Canada for an outstanding female student in the program. Conditional on the recipient’s continued satisfactory academic progress, the scholarship may be renewed for an additional year of study. Learn more about this award .

Y. P. Heung Foundation Award in Honour of Michael A. Goldberg

A competitive $5,000 award is offered by the Y. P. Heung Foundation in honour of Michael A. Goldberg for second-year MSc students every other year. Learn more about this award .

Program of Study

MSc students take a combination of Masters (500-level) and PhD (600-level) courses. A representative MSc student's schedule follows, with elective courses varying based on interests and backgrounds:

• Year 1 Fall: COMM 671 Theory of Finance (required), ECON 500 Microeconomics, ECON 502 Macroeconomics, An elective from the following list: ECON 527 Econometrics, STAT 305 Statistical Inference, or ECON 526 Mathematics for Economics.
• Year 1 Winter: COMM 672 Theoretical Corporate Finance (required), COMM 676 Empirical Corporate Finance (required), Two electives from the following list: ECON 514 Information and incentives, ECON 544 Political Economy, Institutions, and Business, ECON 556 International Finance, ECON 573 Environmental economics.
• Year 2 Fall: Two to four electives from the following list: CPSC 532M Machine Learning and Data Mining, ECON 516 Special Topics in Macroeconomics, ECON 522 Game Theory, ECON 543 Political Economy, ECON 546 Monetary Theory and Policy I, ECON 560 Economics and Labor.
• Year 2 Winter: COMM 673 Theoretical Asset Pricing (required), COMM 674 Empirical Asset Pricing (required), Up to two electives from the following list: ECON 514 Information and Incentives, ECON 544 Political Economy, Institutions, and Business, ECON 556 International Finance, ECON 573 Environmental Economics.

To bring students into our research culture, students are encouraged to attend our regular seminar series, where they gain first-hand knowledge of current research in finance. Students have dedicated offices alongside our PhD students and participate in a variety of divisional events. Students may elect to enrol in only three courses to allocate more time to research work or during those semesters in which courses with particularly heavy work loads are taken. With permission of the finance MSc advisor, students may forgo some second-year electives and instead write an MSc thesis.

Academic Placements

Since 2018, three-quarters of our graduating students (19/26) have gone on to pursue PhDs. We proudly list them here.

Speak to the program advisor

• +1 604.822.9481 [email protected]

Since 2018, three-quarters of our graduating students (19/26) have gone on to pursue PhDs

Student stories

Msc finance graduates.

David Barkemeyer

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• Graduate School
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• Graduate Degree Programs

Doctor of Philosophy in Business Administration in Urban Land Economics (PhD)

Go to programs search

The PhD Program in Business Administration welcomes applications from individuals planning research-oriented academic careers.

As well as gaining access to a world of knowledge and opportunity, Sauder PhD students benefit from the individual attention they receive from faculty members - right from the outset of the program. Our faculty members devote extensive time, energy and effort to developing the research capabilities of all of our PhD students.

For specific program requirements, please refer to the departmental program website

What makes the program unique?

The Real Estate Division in the Sauder School of Business at UBC is known to be one of the best in the world. Our faculty sit on editorial boards of some of the top journals, including Journal of Urban Economics, Real Estate Economics, and Regional Science and Urban Economics. Our PhD program draws on the ULE faculty as well as those in Finance, Strategy and Business Economics, Management Science, Economics, and other fields. 

Quick Facts

Program enquiries, admission information & requirements, 1) check eligibility, minimum academic requirements.

The Faculty of Graduate and Postdoctoral Studies establishes the minimum admission requirements common to all applicants, usually a minimum overall average in the B+ range (76% at UBC). The graduate program that you are applying to may have additional requirements. Please review the specific requirements for applicants with credentials from institutions in:

• Canada or the United States
• International countries other than the United States

Each program may set higher academic minimum requirements. Please review the program website carefully to understand the program requirements. Meeting the minimum requirements does not guarantee admission as it is a competitive process.

English Language Test

Applicants from a university outside Canada in which English is not the primary language of instruction must provide results of an English language proficiency examination as part of their application. Tests must have been taken within the last 24 months at the time of submission of your application.

Minimum requirements for the two most common English language proficiency tests to apply to this program are listed below:

TOEFL: Test of English as a Foreign Language - internet-based

Overall score requirement : 100

IELTS: International English Language Testing System

Overall score requirement : 7.0

Other Test Scores

Some programs require additional test scores such as the Graduate Record Examination (GRE) or the Graduate Management Test (GMAT). The requirements for this program are:

The GRE or a comparable test is required. Please check the program website.

2) Meet Deadlines

September 2025 intake, application open date, canadian applicants, international applicants, deadline explanations.

Deadline to submit online application. No changes can be made to the application after submission.

Deadline to upload scans of official transcripts through the applicant portal in support of a submitted application. Information for accessing the applicant portal will be provided after submitting an online application for admission.

Deadline for the referees identified in the application for admission to submit references. See Letters of Reference for more information.

3) Prepare Application

Transcripts.

All applicants have to submit transcripts from all past post-secondary study. Document submission requirements depend on whether your institution of study is within Canada or outside of Canada.

Letters of Reference

A minimum of three references are required for application to graduate programs at UBC. References should be requested from individuals who are prepared to provide a report on your academic ability and qualifications.

Statement of Interest

Many programs require a statement of interest , sometimes called a "statement of intent", "description of research interests" or something similar.

• Supervision

Students in research-based programs usually require a faculty member to function as their thesis supervisor. Please follow the instructions provided by each program whether applicants should contact faculty members.

Instructions regarding thesis supervisor contact for Doctor of Philosophy in Business Administration in Urban Land Economics (PhD)

Citizenship verification.

Permanent Residents of Canada must provide a clear photocopy of both sides of the Permanent Resident card.

4) Apply Online

All applicants must complete an online application form and pay the application fee to be considered for admission to UBC.

Tuition & Financial Support

Financial Support

Applicants to UBC have access to a variety of funding options, including merit-based (i.e. based on your academic performance) and need-based (i.e. based on your financial situation) opportunities.

Program Funding Packages

We provide a financial package that includes tuition plus $30,000 per year for the first five years of the PhD Program.

Average Funding

• 1 student received Research Assistantships valued at $11,521.
• 1 student received Academic Assistantships valued at $2,278.
• 1 student received internal awards valued at $21,798.

Scholarships & awards (merit-based funding)

All applicants are encouraged to review the awards listing to identify potential opportunities to fund their graduate education. The database lists merit-based scholarships and awards and allows for filtering by various criteria, such as domestic vs. international or degree level.

Graduate Research Assistantships (GRA)

Many professors are able to provide Research Assistantships (GRA) from their research grants to support full-time graduate students studying under their supervision. The duties constitute part of the student's graduate degree requirements. A Graduate Research Assistantship is considered a form of fellowship for a period of graduate study and is therefore not covered by a collective agreement. Stipends vary widely, and are dependent on the field of study and the type of research grant from which the assistantship is being funded.

Graduate Teaching Assistantships (GTA)

Graduate programs may have Teaching Assistantships available for registered full-time graduate students. Full teaching assistantships involve 12 hours work per week in preparation, lecturing, or laboratory instruction although many graduate programs offer partial TA appointments at less than 12 hours per week. Teaching assistantship rates are set by collective bargaining between the University and the Teaching Assistants' Union .

Graduate Academic Assistantships (GAA)

Academic Assistantships are employment opportunities to perform work that is relevant to the university or to an individual faculty member, but not to support the student’s graduate research and thesis. Wages are considered regular earnings and when paid monthly, include vacation pay.

Financial aid (need-based funding)

Canadian and US applicants may qualify for governmental loans to finance their studies. Please review eligibility and types of loans .

All students may be able to access private sector or bank loans.

Foreign government scholarships

Many foreign governments provide support to their citizens in pursuing education abroad. International applicants should check the various governmental resources in their home country, such as the Department of Education, for available scholarships.

Working while studying

The possibility to pursue work to supplement income may depend on the demands the program has on students. It should be carefully weighed if work leads to prolonged program durations or whether work placements can be meaningfully embedded into a program.

International students enrolled as full-time students with a valid study permit can work on campus for unlimited hours and work off-campus for no more than 20 hours a week.

A good starting point to explore student jobs is the UBC Work Learn program or a Co-Op placement .

Tax credits and RRSP withdrawals

Students with taxable income in Canada may be able to claim federal or provincial tax credits.

Canadian residents with RRSP accounts may be able to use the Lifelong Learning Plan (LLP) which allows students to withdraw amounts from their registered retirement savings plan (RRSPs) to finance full-time training or education for themselves or their partner.

Please review Filing taxes in Canada on the student services website for more information.

Cost Estimator

Applicants have access to the cost estimator to develop a financial plan that takes into account various income sources and expenses.

Career Outcomes

102 students graduated between 2005 and 2013. Of these, career information was obtained for 100 alumni (based on research conducted between Feb-May 2016):

Sample Employers in Higher Education

Sample employers outside higher education, sample job titles outside higher education, phd career outcome survey, enrolment, duration & other stats.

These statistics show data for the Doctor of Philosophy in Business Administration in Urban Land Economics (PhD). Data are separated for each degree program combination. You may view data for other degree options in the respective program profile.

ENROLMENT DATA

• Research Supervisors

Related Programs

Same academic unit.

• Doctor of Philosophy in Business Administration in Accounting (PhD)
• Doctor of Philosophy in Business Administration in Finance (PhD)
• Doctor of Philosophy in Business Administration in Management Information Systems (PhD)
• Doctor of Philosophy in Business Administration in Management Science (PhD)
• Doctor of Philosophy in Business Administration in Marketing and Behavioural Science (PhD)
• Doctor of Philosophy in Business Administration in Organizational Behaviour (PhD)
• Doctor of Philosophy in Business Administration in Strategy and Business Economics (PhD)
• Doctor of Philosophy in Business Administration in Transportation and Logistics (PhD)
• Master of Business Administration (MBA)
• Master of Business Analytics (MBAN)
• Master of Management (MM)
• Master of Science in Business Administration in Finance (MSCB)
• Master of Science in Business Administration in Management Information Systems (MSCB)
• Master of Science in Business Administration in Transportation and Logistics (MSCB)
• Professional Master of Business Administration (PMBA)

Further Information

Specialization.

This subject covers statistical methodology, theory of finance, microeconomics and advanced topics in urban land economics.

UBC Calendar

Program website, faculty overview, academic unit, program identifier, classification, social media channels, supervisor search.

Departments/Programs may update graduate degree program details through the Faculty & Staff portal. To update contact details for application inquiries, please use this form .

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