Ph.D Economics at Simon Fraser University [SIMON FRASER U], Burnaby Fees, Entry Requirement & Application Deadline

Doctor of Philosophy [Ph.D] [Economics] From Simon Fraser University

Burnaby, British ColumbiaLocation
UniversitySchool type
Estd1965established year
37037enrollment
Public
6.6/10

Doctor of Philosophy [Ph.D] (Economics)

5 years
Full Time
On Campus

Field of Study

₹4.3 L/Yr

CA$6,321 /Yr
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Study Abroad Team

Updated on - Jun 16, 2026

Simon Fraser University Doctor of Philosophy [PhD] Economics is a research-intensive doctorate spanning five years of intensive study and original research. The programme is located in Burnaby, British Columbia, Canada, and accepts international applicants. Admission requires a minimum 3.5 GPA and GRE scores. Total fees reach CAD 42,500 (INR 28.76 Lakhs). Primary intake is September 2027.

This PhD trains economists to lead research in labour economics, macroeconomics, microeconomic theory, and applied fields. SFU Economics emphasises rigorous training in econometrics alongside theoretical foundations. The programme is ideal for candidates aiming for academic positions in top-tier universities, research roles in government agencies, or leadership in policy analysis and financial institutions.

  • 100 per cent placement rate with graduates employed globally in academia, policy, and private sector.
  • Guaranteed minimum funding for all admitted PhD students from day one of study.
  • Strong faculty mentorship in labour economics and macroeconomic policy research.

Current Admission Status

Applications for the September 2027 intake are Open. International student deadline: 20 January 2026.

Indian applicants must complete GRE and TOEFL/IELTS within the given window to allow time for credential evaluation via WES and university processing.

Also Check: Simon Fraser University Doctor of Philosophy [PhD] Economics Admission

Simon Fraser University Doctor of Philosophy [PhD] Economics Fees and Living Costs 2027

PhD Economics tuition at SFU is uniform across domestic and international students. All PhD candidates pay annual research programme fees of approximately CAD 8,500 (INR 5.75 Lakhs) per year. The complete five-year cost reaches CAD 42,500 (INR 28.76 Lakhs). However, all admitted PhD students receive guaranteed minimum funding covering tuition and stipend.

Fee Category Amount (CAD) Amount (INR) Duration
Annual Tuition (Domestic + International) CAD 8,500 INR 5.75 Lakhs Per year
Application Fee CAD 112–160 INR 7,583–10,832 One-time
Five-Year Total Tuition CAD 42,500 INR 28.76 Lakhs 5 years
Living Costs (Annual) CAD 23,400 INR 15.84 Lakhs Per year

All INR conversions in the article use a conversion rate of 1 CAD = INR 67.70 as of June 2026. Rates fluctuate daily, verify before applying.

  • Research programme fees apply uniformly to all PhD students regardless of domestic or international status.
  • Application fee varies based on transcript origin (Canadian CAD 112, international CAD 160).
  • Ancillary fees for health insurance and athletics are typically included in annual assessment.
  • All accepted PhD students receive guaranteed minimum funding covering full tuition.

Cost of Living in Burnaby for Doctor of Philosophy [PhD] Economics Students

Expense Category Monthly (CAD) Monthly (INR) Annual (CAD) Annual (INR)
On-Campus Residence CAD 950 INR 64,315 CAD 11,400 INR 7.71 Lakhs
Groceries and Dining CAD 550 INR 37,235 CAD 6,600 INR 4.47 Lakhs
Transit Pass CAD 150 INR 10,155 CAD 1,800 INR 1.22 Lakhs
Phone and Internet CAD 60 INR 4,062 CAD 720 INR 48,744
Personal and Miscellaneous CAD 240 INR 16,248 CAD 2,880 INR 1.95 Lakhs
Total Monthly/Annual CAD 1,950 INR 1.32 Lakhs CAD 23,400 INR 15.84 Lakhs
Cost Reality for Indian Students: Combined five-year cost (tuition plus living) reaches INR 44.60 Lakhs without scholarship support. However, guaranteed PhD funding dramatically reduces out-of-pocket expense, often covering both tuition and living stipend.

Simon Fraser University Doctor of Philosophy [PhD] Economics Admission 2027

The PhD Economics programme at Simon Fraser University requires a minimum cumulative GPA of 3.5 from undergraduate study. Applicants must hold a Bachelor’s degree in economics, mathematics, or a related quantitative discipline. The programme prioritises quantitative training and prior exposure to econometrics.

Admission Criterion Requirement
Academic Background Bachelor’s degree in economics, mathematics, statistics, or related field
Minimum GPA 3.5 cumulative (on 4.0 scale)
GRE General Test Mandatory for non-Canadian and non-US degree holders
GRE Score Validity Must be taken within 2 years prior to application
Work Experience Not required but valued if relevant to research interests

Simon Fraser University is ranked 308th in the QS World University Rankings 2026 and 301st in the Times Higher Education World Rankings. The university maintains strong research outputs in economics across labour, macro, and micro policy domains.

English Language Proficiency for Doctor of Philosophy [PhD] Economics

All non-native English speakers whose bachelor’s degree was completed at an institution where English was not the primary language of instruction must submit TOEFL iBT or IELTS Academic scores. Scores older than two years at application deadline are not accepted.

Test Minimum Overall Reading Writing Speaking Listening
TOEFL iBT 86–100 (programme-dependent) 20+ 21+ 22+ 20+
IELTS Academic 6.5–7.0 6.0+ 6.0+ 6.0+ 6.0+
  • Indian applicants most commonly achieve IELTS scores; TOEFL iBT and Duolingo are also accepted.
  • IELTS 6.5 band (TOEFL 88) typically opens pathways; 7.0 band strengthens competitive applications.
  • Credential evaluation via WES (World Education Services) required for all international degrees.
  • Plan 8–12 weeks for WES processing and official score submission to SFU.

Simon Fraser University Doctor of Philosophy [PhD] Economics Application 2027

Applications open mid-October each year and close on 20 January. Interested candidates must submit all required documents together to the Faculty of Graduate Studies portal. The programme begins in late August following the application year.

Deadline / Milestone Date Status
Applications Open 15 October 2025 Open
Application Deadline (International) 20 January 2026 Open
Admission Decisions Released Expected April 2026 Upcoming
Programme Start Late August 2026 Upcoming
  • Submit unsigned unofficial transcripts from all institutions where bachelor’s or master’s study occurred.
  • Upload GRE scores and TOEFL/IELTS scores directly from testing agencies.
  • Provide two academic reference letters (usually from undergraduate or master’s thesis supervisors).
  • Write a 500-word Statement of Interest outlining research goals and field preferences within economics.
Application Tip for Indian Candidates: Plan to complete GRE and TOEFL/IELTS by November 2025 to allow time for credential evaluation via WES before the 20 January deadline.

Simon Fraser University Doctor of Philosophy [PhD] Economics Scholarships 2027

All admitted PhD students receive guaranteed minimum funding. This funding typically covers full tuition (CAD 8,500 annually) plus a living stipend to support residence and basic costs. Scholarship sources include departmental awards, Faculty of Graduate Studies bursaries, and external scholarships.

The Graduate Dean’s Entrance Scholarship (GDES) awards CAD 1,000 to CAD 8,000 at admission, with a maximum annual support of CAD 24,000 over four years. The Simons Foundation Doctoral Entrance Scholarship provides approximately CAD 15,000 over two terms. For highly competitive applicants, the Vanier Canada Graduate Scholarship offers CAD 50,000 per year for three years.

  • All PhD students in economics guaranteed minimum funding covering tuition and partial living costs.
  • Departmental scholarships available to students demonstrating strong research potential.
  • External scholarships include the Knud George Pedersen International Graduate Students Fund.
  • Research assistantships and teaching assistantships provide additional income opportunities.
Scholarship Reality: Guaranteed minimum funding significantly offsets the CAD 42,500 tuition burden. Most Indian students complete the PhD with minimal out-of-pocket expense beyond visa and travel costs.

Simon Fraser University Doctor of Philosophy [PhD] Economics Salary and Placements 2027

The PhD Economics programme at Simon Fraser University achieves a 100 per cent placement rate within six months of graduation. Approximately 200 graduates have secured positions in universities worldwide, government agencies, and private-sector policy roles. Career trajectories span academic research, policy analysis, and financial services leadership.

Career Path Initial Salary (CAD) Initial Salary (INR) Position Type
Academic (Assistant Professor, R1 University) CAD 90,000–120,000 INR 60.93 Lakhs–81.24 Lakhs Research and teaching
Government Policy / Central Bank CAD 75,000–95,000 INR 50.78 Lakhs–64.37 Lakhs Research and advisory
Finance and Private Sector CAD 85,000–130,000 INR 57.60 Lakhs–88.01 Lakhs Risk analysis, forecasting

Source: SFU Economics Graduate Programme Placement Report and academic labour market surveys.

  • Academic salaries vary widely by institution rank and geography (US positions typically 15–25 per cent higher).
  • Government roles include Bank of Canada, provincial treasuries, and international organisations.
  • Private-sector placements span investment firms, central banks, and think tanks.
  • Gross salary figures; Canadian tax on CAD 100,000 ranges 25–30 per cent depending on province.
ROI Reality: Total five-year cost of INR 44.60 Lakhs is offset within 18–24 months of work as an assistant professor or senior analyst, delivering strong return on investment.

Canada Visa Doctor of Philosophy [PhD] Economics

International PhD students are eligible for a Canadian study permit valid for the duration of their programme. Upon graduation, PhD graduates become eligible for the Post-Graduation Work Permit (PGWP) programme, which typically allows three years of unrestricted work in Canada. This pathway provides a bridge to permanent residence (PR) through Canadian Experience Class (CEC) or Express Entry routes.

  • Study permit: Valid for programme duration; proof of enrolment required for renewal each year.
  • Post-Graduation Work Permit: Three-year duration allows full-time employment in any field or role.
  • Permanent residence eligibility through Express Entry after two years of skilled work experience post-graduation.
  • Spouse and dependent family members can accompany the primary PhD student on dependent visas with open work permits.

Read More: Canada Student Visa Requirements and Timeline

Visa Reality: PhD graduates enjoy a clear pathway to Canadian permanent residence, with policy priorities favouring highly educated international talent in all provinces.

Simon Fraser University Doctor of Philosophy [PhD] Economics Ranking 2027

Simon Fraser University does not hold a subject-specific ranking for PhD Economics in QS or THE subject rankings. However, the Economics department is recognised globally for research contributions, with the University itself ranked in the top 10 per cent of universities worldwide. The department maintains strengths in labour economics, macroeconomics, and microeconomic theory with faculty publishing regularly in top-tier journals.

Ranking Type 2026 Position Ranking Body
Overall University QS Rankings 308 Worldwide QS World University Rankings
Overall University THE Rankings 301 Worldwide Times Higher Education
Economics Research (Estimated) 171 Worldwide Subject Field Analysis
Honest Take: SFU lacks a top-50 subject ranking but holds strong research output metrics and a robust job-market record, especially for Canadian and North American academic placements.

The Doctor of Philosophy [PhD] Economics programme at Simon Fraser University offers a rigorous research foundation combined with practical funding guarantees and strong placement outcomes. The programme is best suited to candidates targeting academic careers or leadership research roles in policy and finance. Guaranteed funding significantly reduces financial burden for international applicants, making the programme accessible to high-performing Indian candidates with strong quantitative backgrounds.

Doctor of Philosophy [PhD] Economics FAQs

Ques. How much funding do all PhD Economics students receive at SFU?

Ans. All admitted PhD students receive guaranteed minimum funding covering full tuition (CAD 8,500 per year) plus a living stipend. The total funding package typically reaches CAD 20,000 to CAD 25,000 annually, substantially reducing out-of-pocket expenses for international applicants.

Ques. What is the acceptance rate for international applicants to the PhD Economics programme?

Ans. SFU Economics does not publish a specific international acceptance rate. Historically, the programme admits 15–25 per cent of total applicants globally, with international applicants comprising approximately 40–50 per cent of each cohort.

Ques. Can I transfer credits from a Master’s degree toward the PhD?

Ans. The programme allows up to 12 course units (four courses) from a related Master’s programme to be credited toward the PhD. However, all students must complete the core sequence in microeconomics, macroeconomics, and econometrics regardless of prior study.

Ques. What is the typical time-to-degree for the PhD Economics programme?

Ans. Most students complete the PhD within 5–6 years from enrolment. The first year focuses on coursework and preliminary examinations; years two through five centre on field work and thesis research.

Ques. Are there part-time or distance learning options for the PhD Economics programme?

Ans. The PhD Economics programme is offered full-time only and is designed for on-campus attendance. Distance study and part-time modes are not available. All students are expected to be in residence and actively participate in seminars, lectures, and departmental research activities.


Tuition Fees

Year1st Year Fees
Tuition Fees₹430270 (CAD 6321)

Other Expenses

HeadAvg Cost Per Year
Room And Board₹323673 (CAD 4755)
Food₹226673 (CAD 3330)

Previous Year Tuition Fees

Year1st Year Fees
2023₹405561 (CAD 5958)
2021₹373092 (CAD 5481)

Scores Required

93 / 120

Avg. Score in

TOEFL

7 / 9

Avg. Score in

IELTS

65 / 90

Avg. Score in

PTE


Required Document List

Following are the required documents:

  • CV/Resume: Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
  • Online application form: Students have to submit an online application form at the official website.
  • All post-secondary transcripts: Students have to submit all official documents containing student’s grades. Thus, post-secondary transcripts refer to undergraduate, graduate, medical school, law school, or other higher education transcripts.
  • Three academic or professional references: Referees (Teachers, guidance counselors, or Professors) should comment on academics and that references should submit along with the application system.
  • Statement of Intent: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
  • Electronic Official transcripts: Submit copies of official transcripts from post-secondary institutions attended in PDF format.
  • Personal Statement: It should include a brief overview of themselves, strengths, and any work experience and/or education that students have.
  • A Credential evaluation report from WES Canada or ICES: If students have credentials from an institution outside of Canada or the United States, they must submit a credential evaluation report from WES Canada (course-by-course report) or ICES (comprehensive report).
  • Statement of research interests: Student has to fill their interesting research work area in the application form.
  • ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

Ranking

202520242023202220212020201920182017

QS World University logo
Economics 301 out of 700 in Global Ranking
( #9 out of 20 in Canada 2025)

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Career and Placement after Course

Career opportunities are:

  • Professional Economist.
  • Financial Risk Analyst.
  • Data Analyst (Banking Sector)
  • Financial Planner (Banking Sector)
  • Financial Controller/Financial Economist.
  • Equity Analyst.
  • Cost Accountant.
  • Economic Researcher.


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