PhD resident student programme

Publiceret
In 2016, Danmarks Nationalbank established a new, independent research unit. Economists in the Research Unit support the research efforts of the core departments, provide input to the policy-making process, and are expected to produce high-quality research to be published in refereed journals. The Research Unit runs the Danmarks Nationalbank PhD Programme.

PhD fellows will be mentored by the academic advisors in the PhD programme at the University where they are enrolled. They must be physically present at Danmarks Nationalbank on a regular basis during the week, participate in the professional and social environment, be integrated in the activities of the Research Unit, and work towards the completion of their PhD thesis.

The fellowship includes:

  • An office space for you to focus and work in
  • Research costs for your projects as well as travel costs
  • Stipend equivalent to the stipend offered to students enrolled in a doctoral programme in Economics at a Danish university
  • University fees
  • Danish health insurance
  • Any necessary working equipment.

Danmarks Nationalbank invites applications for fellowships to support students enrolled or wishing to enrol in a PhD programme in economics or finance. We are especially interested in students planning to work in macrofinance, macrolabour, economic modelling, and to use the extensive household and firm microdata, credit registry and big data sets available in Denmark.

We offer the opportunity to work within theoretical and empirical macroeconomics, microdata analysis, and financial economics and econometrics.

Since the fellowship requires regular presence at the workplace, this programme is predominantly addressed to students enrolled at a university in the Copenhagen area. Students enrolled at more distant universities should specify in their application how they plan to engage in PhD course work and faculty mentoring while also being present at Danmarks Nationalbank on a regular basis.

The University of Copenhagen and Copenhagen Business School welcome applications for their PhD programme from Danmarks Nationalbank fellowship applicants. Please indicate in your application to these university programmes that you have also submitted an application for funding to Danmarks Nationalbank. 

You will be a part of an international research environment as well as a unique workplace and Danmarks Nationalbank's professional and social community. Fellows are strongly encouraged to use the extensive data available at Danmarks Nationalbank for their research, to collaborate on research projects with Danmarks Nationalbank's economists, and to present their work to the economists.

Do you want to know more?

If you have questions about the position, you are welcome to contact Research Economist, Tobias Renkin, tel. +45 3363 6198 or Head of Research, Federico Ravenna, tel. +45 3363 6880. Information considering employment conditions can be obtained from HR Partner Anita Ray, tel. +45 3363 6068 (aray@nationalbanken.dk).

Application

Applications will be reviewed on a rolling basis as they are received at Danmarks Nationalbank. Review of applications will close 1 March 2019.

The fellowship offers initial support for up to three years, and is renewed annually subject to approval of a progress report and maintenance of excellent academic performance. In the past fellows enrolled in the programme have had the opportunity to keep working towards their PhD thesis during a fourth year, being employed as student assistants in Danmarks Nationalbank. Students who are less than 18 months away from completion of their PhD should apply for the PhD Visiting Student Programme.

If already enrolled or accepted for enrolment in a PhD programme, please submit:

  • A detailed CV.
  • Official transcript of the PhD courses and Master courses attended.
  • Dissertation proposal including a literature review. Alternatively, it can be a description of your research project, including the project's problems.  As well as details on the theoretical and empirical aspects of your project, and a discussion on how your PhD dissertation is expected to create new knowledge.
  • A letter from the director of the PhD programme supporting your application.
  • A timeline for your proposed PhD studies.
  • Three letters of reference, including one from your main supervisor if available.

If planning to enrol in a PhD programme starting on or before September 2019:

  • A detailed CV.
  • Official transcript of the Master courses attended.
  • Evidence of fluency in English (official test results or equivalent).
  • A description of your research project, including the project's problems, details on the theoretical and empirical aspects of your project, and a discussion on how your PhD dissertation is expected to create new knowledge.
  • A detailed list of the PhD programmes for which you will submit an application.
  • A timeline for your proposed PhD studies.
  • Three letters of reference, including one from your expected supervisor if available.
  • Any additional material you will submit to the school where applying for your PhD studies (for example GRE or similar admission test results, previous research work, etc.)

If you are a citizen of a country outside the Nordic countries or the EU/EEA you must hold a residence permit in order to reside in Denmark during the PhD programme. Read more here: https://www.nyidanmark.dk/en-us/coming_to_dk/Phd.htm

For more information about PhD programmes in economics or finance in the Copenhagen area see:

University of Copenhagen Economics Department: http://www.economics.ku.dk/phd/ .

Copenhagen Business School Economics Department: https://www.cbs.dk/en/research/departments-and-centres/department-of-economics/phd-program 

Copenhagen Business School Finance Department: https://www.cbs.dk/en/research/departments-and-centres/department-of-finance/phd-program

Apply here