ABOUT US

WHY STUDY AT DEPARTMENT OF ECONOMETRICS & STATISTICS (PIDE)

FACULTY

The Department of Econometrics and Statistics was established in 2007 with inception of MSc.

(Econometrics and Statistics) program. The department is one of the few institutions in South Asia offering

a degree in Econometrics. For elucidation and quantification of economic theories, econometrics is a

complement to theoretical development of Economics. There was always a need to have an independent

department of econometrics & statistics to meet the needs of understanding economic issues. In Fall 2011,

we started offering MPhil degree in Econometrics. Considering elevated demand, the department is now

offering PhD degree in Econometrics since Fall 2014.

Learning at PIDE will provide you an opportunity to earn a research degree in very dynamic field of

Econometrics. The degrees offered at the department mainly focused on contemporary research of

international standards. With highest proportion of PhD faculty who are experts in their fields; student will

be studying with people whose work pushes forward the boundaries of their subject. Research at PIDE and

the Department of Econometrics and Statistics is outward looking and collaborative. We actively

encourage interdisciplinary research that cuts across traditional subject boundaries and explores the

connections between them. PIDE has research collaborations with numerous bilateral and multi-lateral

organizations such as the World Bank, United Nations Development Program (UNDP), IUCN, Asian

Development Bank (ADB), International Labor Organization (ILO), Food and Agriculture Organization

(FAO), Canadian International Development Agency (CIDA), United Nations Population Fund

(UNFPA), United Nations Children's Fund (UNICEF), United Nations Industrial Development

Organization (UNIDO), and other domestic research organization.

The faculty of the Department of Econometrics and Statistics brings diverse interests and experiences to

their classrooms. Teaching staff are research-active which keeps the learning of students at cutting-edge.

PIDE is currently led by Dr. Asad Zaman who has special interest in Econometrics and is also offering his

services for Department of Econometrics and Statistics. Dr. Zaman has an exceptional academic career in

Econometrics with research publications in top rank academic journals.

The faculty and students of Department of Econometrics and Statistics are regularly producing research

output in the areas of Time Series, Applied Econometrics Bayesian Econometrics, and Theoretical

Econometrics in the form of peer reviewed publications, conference papers and discussion papers.

Dr. Asad Zaman, PhD, Stanford University, USA

Dr. Abdul Qayyum, PhD, Bradford University, UK

Dr. Amena Urooj, PhD, QAU, Islamabad (HOD)

Dr. Hafsa Hina, PhD, PIDE, Pakistan

Dr. Atiq-ur-Rehman, PhD, International Islamic University, Pakistan

Dr. Saud Ahmed Khan, PhD, International Islamic University, Pakistan

Ms. Uzma Zia, PhD (in progress), M. Phil Economics PIDE, Pakistan (Department Coordinator)

Muhammad Yasir, Managerial Staff

>> Online Admission: http://pide.org.pk/apply

Department of Econometrics & Statistics

Department of Econometrics & Statistics

P A K I S T A N I N S T I T U T E O F D E V E L O P M E N T E C O N O M I C SP A K I S T A N I N S T I T U T E O F D E V E L O P M E N T E C O N O M I C S

Ms. Uzma ZiaCoordinator ETSTel: 051-9248081Email: uzma@pide.org.pk

“Look beyond the numbers, and get the facts”

INTRODUCTION

NATURE AND SCOPE OF ECONOMETRICS

The discipline of Econometrics is the key to understanding and analysis of theories of economics and their constituent components. Over the years, this role has been fortified due to the active infusion of mathematical, statistical and computational methods in the subject matter of Economics. Econometrics is distinguished from statistical analysis more generally by its use of economic concepts and theories as basis for empirical investigation.The department offers internationally oriented, rigorous teaching and research environment. Our faculty has a strong background in Econometrics and Statistics and includes eminent econometricians including Dr. Asad Zaman and Dr. Abdul Qayyum.The Department of Econometrics and Statistics is currently offering PhD and MPhil program in Econometrics. The PhD program aims to focus on teaching and research in econometric theories, methodological and conceptual issues and relevant statistical methods applied to socially relevant issues. The MPhil Program is directed towards ambitious and excellent students who aim to develop themselves as independent researchers and experts in their fields. It offers well-balanced training in quantitative methods, economic theory and applied economics through exercises and seminars, to policy issue and empirical questions. The rigor of analysis, empirical validation of economic hypotheses and contributions to business, social sciences, finance and public policy has been the main pillars which strongly emphasize the need for this discipline. Students who will complete these programs will be prepared for careers in academic, national and international governmental organizations, or private business.

Econometrics is a set of mathematical and statistical tools used to analyze the economic data and theories. Econometric techniques are required to test the validity of various economic theories, to compare the rival economic models for an observed phenomenon, to analyze the results of different economic policies and to predict the future outcomes. Econometric techniques are applied extensively in many fields of natural and social sciences e.g. education, psychology, environment, transportation, engineering and medicine. Therefore, the demand for econometric skills is very high. The students of Econometrics at PIDE have been able to secure their jobs in reputed organizations of Pakistan including SDPI, Riphah International University, Bahria University, Lahore College for Women University, IBA Sukkur and COMSATS.

To provide theoretical knowledge: these included basic econometric theory, applied econometrics, time series analysis, financial econometrics, panel econometrics, micro econometrics, Bayesian econometrics, Non parametric and semi parametric econometrics.

Ø To teach application of theories; there is an emphasis on the application of econometrics and statistics, through exercises and seminars, to policy issue and empirical questions.

Ø To provide skills to use Econometrics and Statistical packages.Ø To provide awareness about the different national and international sources of data.

OBJECTIVESØ

CURRICULUM

CURRENTLY OFFERED DEGREE PROGRAMSPhD Econometrics

MPhil Econometrics

FEE STRUCTURE

Department of Econometrics and Statistics offers a comprehensive curriculum in Econometrics and Statistics at the MPhil/Ph.D. level including Data Visualization, Basic Econometric Theory, Applied Econometrics, Time Series Analysis, Financial Econometrics, Panel Econometrics, Micro Econometrics, Bayesian Econometrics, Modern Statistical Learning, Non-parametric and Semi parametric Econometrics. In the core courses, there is an emphasis on the application of Econometrics and Statistics, through exercises and seminars, to policy issues and empirical questions.

For derails visit:http://pide.org.pk/index.php/academics/academic-departments/econometrics-and-statistics

Duration: 3 years (extendable upto 6 years)Course work: 1 yearThesis Writing: 2 years

Eligibility:

· M.Phil. (Mathematics/Statistics/ Economics/Econometrics/Computer Science/Economics and Finance) or relevant degree with at least 3 CGPA (First Division) from a recognized institution will be eligible to apply for admission.

· Applicants will be selected on the basis of their performance in the admission test, interview, academic record, research publications, letters of recommendation and statement of purpose.

· Students without relevant background need to take additional courses (non-credit) to makeup the deficiency.

· The in-service applicants will be required to submit the No Objection Certificate issued by their employers before the beginning of the academic session.

Duration: 2 yearsCoursework: 1 yearThesis Writing: 1 year

Eligibility:

· M.A./M. Sc. in Econometrics and Statistics/Economics/Statistics/Mathematics or

· BS (4-year) in Economics/Statistics/Mathematics

· Minimum Grade and division will be followed as defined in “Admission, Registration and Examination Regulations for M. Phil. programmes”.

· Applicants will be selected on the basis of their performance in the admission test, interview and academic record.

For PhD/MPhil (one time charges: 15,000/-, Per Semester Charges Rs. 4,000/-(per credit hour))

For details visit: http://pide.org.pk/index.php/admissions/fee-information

SCHOLARSHIP OPPORTUNITIES

The administration at PIDE believes that Education is fundamental right of humanity and has a mission that nobody should be deprived of the right to education at PIDE because of financial constraints. PIDE has generous scholarship policy to support the deserving students. During Academic Year 2016-17, PIDE awarded full and partial scholarships to about 150 students which form more than 20% of the total studentship. The deserving students are advised to submit PIDE scholarship form along with the admission form.

[Spirit of Free Inquiry] P.O.Box 1091, Islamabad, Pakistan. Tel: 051-9248139 Fax: 051-9248065

Department of Econometrics & Statistics

Pakistan Institute of Development Economics