What are the general merits and demerits of the post-PhD courses meant to groom junior faculty/researcher in finance/economics, similar to these?:

Advanced Studies Program In International Economic Policy Research

Max Weber Programme for Postdoctoral Studies

Are they any good compared to top-notch postdoctoral fellowships in finance/economics?

I have just completed an M.Sc. in Economics with a specialisation in Development Studies from a reputed university in India.

  • I am interested in eventually working in the development sector.
  • I have a reasonable level of interest in doing research in areas related to development economics.
  • I have an intermediate level of proficiency in mathematics and statistics.

However, I am unsure about doing a Ph.D in Economics.
What are some things I must consider and know before deciding to do a Ph.D in economics?

I just graduated undergrad with a Bachelor in Science in Economics with a Minor in Business. I hope one day to get a Masters in Computer Science as throughout undergrad I self taught myself programming and got a job in finance at a very respected hedge fund where I’ll be combining my finance and coding knowledge (essentially an analyst position where I’ll be doing data analysis to support traders at the firm.)

The job will 100% pay for grad school after 1 year and I want to go for a program in Computer Science or Data Science. I’m wondering what I need to do to prepare for this and what programs are available to me given that my undergraduate degree is in a unrelated subject.

I have an overall GPA of 3.3 due to a particularly poor performance freshman and sophomore year and doing especially poorly in Spanish but I received a GPA of 3.7-3.8 my Junior and Senior years while taking a more advanced and quantitative course load.

I’ve taken 2 elective classes in computer science and received As in both of them although neither class is a core class for a comp sci curriculum.

I also have around 4 years of self-taught coding experience both in my private life and through several internships that I participated in while at college. I’m proficient in several languages (Python, VBA, Java, and SAS).

What type of programs can I expect to be accepted to and what can I do to increase my chances of success? I’ve heard that I should take ad-hoc core programming classes and study hard for the GRE but apart from that I’m lost.

I am mid aged person going back to school and planning to take MicroEconomics I and Econometrics in the Summer. In order to take these classes, I am planning take Calculus as Pre-requisites.

However, we have two levels of Calculus taught in Summer. Calculus – I which is of beginner’s version and Calculus – II which is of Advanced Beginner’s version.

Though, I dont have much details on each of them.

My question is, whether taking Calculus – I ( Beginner’s version ) will be helpful for taking those two Economics classes?

Long post warning. I’m here looking for advice on grad school, employment options, and whether or not I should stay for a 5th year. Currently I am a senior, transfer student, Economics major at a Big Ten university graduating with ~3.5 GPA but minimal work in the economics department (no thesis, minimum coursework requirement for Econ degree.) Here is my backstory:

I spent my freshmen year at a small D3 state school as your typical Econ nerd (member of all the Econ clubs, dabbled in research, read Freakonomics & Moneyball,) and at the time, I dreamed of attending a Ph.D program in economics. But, I hated my first school and was in the process of transferring. When I returned home for the summer, I was convinced to switch majors from Economics to something more “practical” (accounting) by my boss (an accountant) at the accounting firm where I was interning (as a bookkeeper). I switched majors for all of the wrong reasons–I was at an emotional low-point after struggling with typical freshmen year shit, and quite frankly I lacked direction.

Stuck in limbo between schools, I decided to pursue accounting at my new university. I spent a year taking business courses but was denied admission after my soph. year (my school is annual application-based admission to the b-school.) So, I came back to campus my junior year as an Econ major but well-behind on enrolling in courses (the important Econ courses had filled up the spring semester prior) I only took a handful of Econ electives during Junior-Fall semester. Next semester, I studied abroad because I was fed up with how college had been going for me. Great experience but lacking in economics courses.

I describe my college experience like this: For awhile, I was at the wrong school but in the right major, then transferred to the right school but was in the wrong major. Now that both are finally aligned and I am once again taking courses that inspire me, the dreams I had as a nerdy freshmen are crawling back into my life. I want to stay a 5th year, adding a math minor and taking 3 more advanced Econ courses, then work for an Econ Consulting firm after graduation before applying for graduate school in Economics.

Had I stuck with the major all this time, I would feel more confident in my application and would have been able to pursue this goal for 4 years. But now, the horizon is shorter and the opportunity cost is higher: I would have to take 3 advanced math courses (Calc II, III, and Linear Algebra + 3 Advanced Econ courses) during my 5th year, as well as plan a senior thesis, and turn down full-time offers in order to stay in school.

Or, I could graduate on-time with just an Econ degree. I could find a job as a financial analyst or consultant, live in Chicago, make pretty good money, and honestly, it wouldn’t be a bad life. But I wouldn’t be working in the Economics field, and part of me would think…”What if I had pursued the Econ dream more seriously?”

Given my background, what are my chances of acceptance into a Ph.D (or even an M.S.) program in Economics? If I stay for a 5th year, what actions would you recommend I take to increase my chances? Thank you for reading all the way to the end!

hello any body know how estimate arima-fiegarchx in R
some times ago i use garchoxfit in R but when i used it that gave me this error
Error in if (N <= 0) NULL else seq(N) :
missing value where TRUE/FALSE needed
and return debug it show this

 function (N) {if (0 == length(N)) 
NULL else if (N <= 0)  NULL else seq(N)}

any body know how to fix this error????????

As I am reading through journal articles I always find that only data set for 10, 20 or max. 30 years are used when analyzing an anomaly such as the Idiosyncratic Volatility puzzle (less return for more IVOL risk). However, there is data avaialable from 1924 on stock returns, why do would you not include this in your analysis?

I’m currently finishing the 2-year Msc in economics program in Switzerland with orientation in quantitative methods and macro policy.
I’m from Vietnam and I did bachelor in economics before coming to Europe for the master.
There are several things about me:

  1. After all, I’m not excellent at Maths. I like Economics but not so passionate about it.

  2. My GPA at the moment is not top 10% (i got only 4.8/6.0). Chance for PhD in Economics is not so wide opened.

  3. My stronger interests are English literature, film, and writing.

  4. I’m now 25 years old. I want to work in Europe.

Should i continue with Economics? Or should I start another major and forget the time in Economics? I know seems like I didnt understand myself when I made the decision to follow Economics, but now my life sucks with it, and I’m in between 2 ways to go: give up on Economics to start a new life in a different way, or continue searching for some opportunity in Economics to work throughout my life in it (because 7 years with Economics degree to me is a big deal).

I am sorry if this question does not fit with the forum here, but I really need some advice from experienced people now… Feel like I’m drowning with my life…