UCL Institute for Global Prosperity


IGP announces scholarship opportunity for new Social Macroeconomics PhD scheme

22 February 2024

The Institute for Global Prosperity is pleased to announce the launch of a fully-funded PhD Scholarship (tuition fees only) for our new Social Macroeconomics PhD scheme.

A diverse group of students walk together on campus

About the scheme

The Institute for Global Prosperity launches a new PhD scheme in collaboration with our research network Rebuilding Macroeconomics and the Global Solutions Initiative to advance research on new approaches to the economy and development of a new economic paradigm. 

About the scholarship:

The successful candidate for this scholarship will be supervised by Professor Dennis J. Snower (Founder and President of the Global Solutions Initiative). They will support empirical research on measuring different dimensions of human flourishing, including data gathering and empirical analysis of socio-economic and environmental data. An example of this is the SAGE dashboard which is a framework for capturing economic, social and environmental aspects of wellbeing, all of which are required for achieving meaningful, satisfying lives. The successful candidate will gain experience, skills and knowledge as well as have strong involvement in the Social Macroeconomics hub by contributing research support.

Scholarship criteria:

Key information:

  • For admissions in: October 2024
  • Applications open: February 2024
  • Closing date: May 31st 2024
  • Scholarships available: One
  • Value: Full tuition fees (UK Home)
  • Available to: Prospective and current students
  • Selection criteria: Academic merit and research alignment
  • Eligible fee status: UK
  • Duration: At least full time (3 years) or part time (5 years) MPhil/PhD
  • Degree programme: Global Prosperity MPhil/PhD programme
  • Location: Institute for Global Prosperity, UCL based in London

Scholarship eligibility criteria:

  • You must submit your admission application by the 31 May deadline before you can apply for the scholarship
  • Be a UK home student
  • Hold, or expected to obtain a strong Master’s Degree in economics, or closely related subject, with an emphasis on quantitative skills
  • A first class only UK bachelor’s degree in economics, or closely related subject, with an emphasis on quantitative skills
  • A sufficiently strong and convincing proposal

Scholarship selection criteria:

  • Research alignment to the specific theme on empirical measurement of human flourishing
  • Academic excellence - as demonstrated by past academic results evidenced by transcripts, awards, and referees’ comments
  • Personal statement - reasons for applying for the scholarship
  • Research Potential - as demonstrated by the candidate’s research experience to date, their enthusiasm for research, the research proposal and its originality and potential impact

Note: Financial circumstances are not considered for the purposes of this Scholarship.

How to apply for the scholarship

1) Apply for admission to the Global Prosperity MPhil/PhD programme, of which the scheme is a part of, click here for details of how to apply.
* You do not need to have secured an offer of a place at UCL in order to apply for the scholarship, but you must have submitted your admission application.

2) Check whether you meet our scholarship criteria (see above)

3) Apply for the scholarship via this online form.
* Scholarship details and link to the online scholarship application form are also available on the IGP funding webpage.

4) Await your scholarship offer

We will notify you if you have been successful within 6-8 weeks after the deadline. This may be longer due to other external factors.

More information

If you have further queries on the PhD application and Scholarship opportunity, please contact: igp@ucl.ac.uk