Institution of National Capability in Applied Economics
University of Karachi
MS / MPhil in Economics
PhD in Economics
Applicants must possess one of the following qualifications:
MPhil degree in Economics from an HEC-recognized university, OR
MPHUMS (Economics) from a reputed foreign university, OR
An equivalent degree, subject to submission of an Equivalence Certificate issued by the University of Karachi.
Applicants must have:
Sixteen (16) years of education in any discipline or an equivalent degree from an HEC-recognized university/institution.
Important Notes:
Applicants holding degrees other than those awarded by Public Sector Universities of Pakistan must submit an Equivalence Certificate issued by the University of Karachi.
Candidates awaiting final examination results may also apply at their own risk. Such candidates must submit their final transcript before the commencement of the second quarter.
All eligible candidates must qualify an Admission Test.
The test may be conducted by NTS, or GRE (Advanced Economics Test) scores obtained within the last two years may be accepted in lieu of the admission test.
Sample test papers are available on the AERC website.
Application Deadline: January 19, 2026
Admission Test: February 01, 2026 – 10:00 AM
Interviews: February 08, 2026
Application Deadline: January 19, 2026
Admission Test: January 26, 2026 – 10:30 AM
Interviews: January 28, 2026
Applied Economics Research Centre (AERC)
University of Karachi, Karachi
➡ Candidates from other cities are advised to appear in the AERC Online Admission Test on the same date and time.
All admitted students are required to pay a monthly tuition fee.
Limited scholarships may be awarded to selected MS/MPhil students based on:
Academic performance
Financial need
Submit a completed application form (available at the AERC Graduate Studies Programme Office).
Application must be accompanied by a Cash/Pay Order:
Rs. 3,000 for MS/MPhil
Rs. 5,000 for PhD
Applications must be received on or before January 18, 2026.
Graduate Programme Office
Applied Economics Research Centre (AERC)
University of Karachi, Karachi
📞 Phone: (021) 99261530
📧 Email: gxp@aerc.edu.pk
🌐 Website: www.aerc.edu.pk
A portion of the PhD coursework will be conducted on weekends.
Admissions are strictly based on the principles of equal opportunity and pure merit.
Apply Now and Become Part of a Leading Institution in Applied Economics