IIM Bangalore is the better option for a PhD in Economics. They have an excellent Economics department. The faculty members actively pursue research projects. Many of the faculty members recently published their papers in the Journal of Economic Theory. IIM Bangalore is especially good for applied Economics. The institute has a vibrant research culture and an excellent faculty base.
IIM Ahmedabad and IIM Bangalore both are highly proclaimed institutions. You can choose any of the above-mentioned institutes for a Ph.D. in Economics.
Given below is a comparison between the Ph.D. in Economics program offered by the two institutes.
Institution |
IIM Ahmedabad |
IIM Bangalore |
Selection Process |
GRE/GMAT/GATE/UGC-JRF in a relevant subject |
GRE/GATE/CAT/GMAT/IIMB Test |
Stipend |
INR 35,000 per month |
INR 40,000 per month |
Duration |
3-5 years |
3-5 years |
Average CTC |
25 LPA |
26.18 LPA |
Most students receive jobs from educational institutions with roles like the Assistant professor and Visiting faculty. Few students also opt for higher studies. Both the IIMs are equally good and offer similar opportunities and exposure.