The MS/MPhil Applied Economics degree shall be awarded for a minimum duration of 1 – 1/2 years and maximum of 3 – years (for normal circumstances). However, if a student is unable to complete the degree within 3 – years, the Degree Completion Timeline Committee  (DCTC) will determine whether the delay was caused by circumstances beyond the student’s control, and if so, it may grant an extension for a maximum of ONE year in lieu of the exceptional circumstances.

Students shall ordinarily complete 24 credit hours of coursework in the first two semesters and then 6 credits research in two semesters (3 credits/semester). With approval of the Department Chair, 6 credits of coursework can be substituted for research.
Deficiency courses, if any, may be determined by the Departmental Admission Committee. Thus, students may be enrolled, on the recommendation of the Admission Committee, in a bachelor’s course which they have not taken earlier; the BS per credit fee will be charged for undergraduate deficiency courses.
At the time of admission, a student may apply to transfer up to two MS/MPhil courses (6 credits) with grade B or above after proper permission by the Departmental Admission Committee. The credit transfers will only be allowed from an HEC-recognized or foreign, accredited university.

Admission Criteria

• A 4-year Bachelor’s degree (completed with at least 2.0 CGPA) from any HEC-recognized university, or a conventional MA/MSc (completed with at least 60% marks) in Economics, Business, Commerce, Accounting, Statistics, or Mathematics.

• Students with a degree other than Economics are required to study deficiency courses recommended by the departmental admissions committee.

NOTE: Acceptance is based upon the 1) Departmental Test, 2) Postgraduate English Admission Test (PEAT), 3) interview, and 4) an overall evaluation of the candidate, including: academic achievement, statement of purpose and English language proficiency.

Provisional admission can be sought by students awaiting final results. Their admission will only be confirmed once they have submitted their complete official transcript within the due dates.

Postgraduate Admissions Timeline (Spring 2025) – Round 2

Postgraduate Admissions Timeline (Spring 2025) – Round 1

1. Attested copy of the original Matriculation / O Level result (web downloaded results are not acceptable).
   • In case of the O Level, a minimum of 8 subjects must have been passed. They should include English, Mathematics and 3 compulsory subjects (Pakistan Studies, Islamiyat and Urdu).
2. Attested copy of the original Intermediate / A Level / High School / IB result (web downloaded results are not acceptable).
   • In case of the A Level, a minimum of 3 subjects must have been passed.
3. Attested copy of the O and A Level, High School or IB Equivalence Certificate (whichever applicable) issued by the IBCC.
4. Attested copies of the final transcript and degree of 4-year Honors / 2-year Conventional Bachelor’s and 2-year Conventional Master’s.
   • In case you have not received your degree yet, you are required to apply for it.
5. ‘Students can submit their Transcript at least till the 7th semester at the time of Admission Form submission. If offered admission, it will be a provisional offer; they must submit an attested copy of their complete official Transcript within 30 days of the beginning of the semester.‘ that (This point is applicable to Fall admissions only). 
7. Students having a foreign Bachelor’s Degree must get their Equivalence from the Higher Education Commission (HEC).
8. Two Reference Letters.
9. Statement of Purpose (300 – 500 words) describing the reason(s) why the student is applying to the program, long-term goals and the reason(s) for selecting Forman Christian College (A Chartered University).
10. One recent passport-sized photograph.
11. One copy each of the Student’s CNIC and of the Father/Guardian.
12. Receipt of the Application Processing Fee (Rs. 4000).

Note: All documents submitted must be attested by a Gazetted Officer.

Payment Modes for Admission Processing Fee

1. Please click here for instructions on how to pay your Application Processing Fee over the counter in HBL, UBL, Meezan & Allied Bank.
2. Please click here for instructions on how to pay your Application Processing Fee through HBL, Meezan Bank & UBL Mobile App & Internet Banking.
3. Please click here to pay the Application Processing Fee online.

In case of any query, contact nasirgill@fccollege.edu.pk.

Click Here for the Merit List Round 1 of Spring 2025.

Click here for the Department Test Sample Paper.
Click here for the Postgraduate Entrance Admission Test (PEAT) Sample Paper.

Click here for the Scholarships and Financial Aid Information

Admission criteria

For admission into a PhD program the Minimum CGPA Requirement for admission in PhD programs, is 3.0 (out of 4.0 in the semester system) or First Division (in the annual system) in the most recent degree obtained (MS/MPhil) is required, whether such was degree obtained from an HEC-recognized Pakistani or accredited foreign university.

Postgraduate English Admission Test (PEAT)

1. The PEAT must be cleared by all PhD applicants as part of the admissions process (before the first day of classes).
2. The same ACCUPLACER English modules as FEAT (Forman Entrance Admission Test for undergraduates) will be used and the same minimum score will be used to clear the exam (currently 84/120).
3. The PEAT can be retaken once: Re-PEAT.
4. Students who have already cleared the FEAT do not need to take the PEAT. English proficiency scores on other recognized entrance exams with a dedicated English section (GRE, HAT, etc.) or standardized English proficiency exams (IELTS, TOEFL, etc.) can substitute for the PEAT. The equivalence score will be determined by the QEC.

Non-Subject Test

Applicants to the PhD programs shall be required to pass the General GRE or General GAT type test with 60% marks. It is a general GRE type test, consisting of three sections, namely, Verbal Reasoning, Quantitative Reasoning, and Analytical Writing.

The candidate will also submit a research statement along with the admission application.

Required Documents

1. Attested copy of the original Matriculation / O Level result (web downloaded results are not acceptable).
   • In case of the O Level, a minimum of 8 subjects must have been passed. They should include English, Mathematics and 3 compulsory subjects (Pakistan Studies, Islamiyat and Urdu).
2. Attested copy of the original Intermediate / A Level / High School / IB result (web downloaded results are not acceptable).
   • In case of the A Level, a minimum of 3 subjects must have been passed.
3. Attested copy of the O and A Level, High School or IB Equivalence Certificate (whichever applicable) issued by the IBCC.
4. Attested copies of the final transcript and degree of 4-year Honors / 2-year Conventional Bachelor’s and 2-year Conventional Master’s.
5. Attested copies of the final Transcript and Degree of MPhil / MS.
   • In case you have not received your degree yet, you are required to apply for it.
6. Students can submit their MPhil / MS Transcript at least till the 3rd semester at the time of form submission. If offered admission, it will be a provisional offer; they must submit an attested copy of their complete official Transcript within 30 days of the beginning of the semester.
7. Students having a foreign Bachelor’s / MPhil / MS Degree must get their Equivalence from the Higher Education Commission (HEC).
8. Attested copy of the GAT Subject / GRE Subject result. Click here for HEC Webpage
9. Research statement (1000 – 1500 words) where you would provide a concise write-up about the research theme that you would like to pursue. Include a brief description of your proposed research work plan as well.
10. Two Reference Letters.
11. One recent passport-sized photograph.
12. One copy each of the Student’s CNIC and of the Father/Guardian.
13. Receipt of the Application Processing Fee (Rs. 4000).

Note: All documents submitted must be attested by a Gazetted Officer.

Payment Modes for Admission Processing Fee

1. Please click here for instructions on how to pay your Application Processing Fee over the counter in HBL, UBL, Meezan & Allied Bank.
2. Please click here for instructions on how to pay your Application Processing Fee through HBL, Meezan Bank & UBL Mobile App & Internet Banking.
3. Please click here to pay the Application Processing Fee online.

In case you are not located in Lahore, you can send us the Admission Form along with all the required documents through Courier. You would need to make a Pay Order of Rs. 3500 from any Branch of HBL in the name of ‘Forman Christian College’. Then send us the Courier at ‘Admissions Office, Ahmad Saeed Administration Building, Forman Christian College, Ferozepur Road, Lahore 54600’.

In case of any query, contact nasirgill@fccollege.edu.pk.

Click here for the Merit List for Round 1 of Admissions.

Click here for the Merit List for Round 2 of Admissions.

Click Here to Apply

Click here for the Postgraduate Entrance Admission Test (PEAT) Sample Paper.

• • One of the oldest departments of Economics in the country (Established in 1915)
  • One of the highest number of PhD faculty members in a department of Economics in the country (13 PhDs)
  • Regularly reviewed and updated course curriculum to keep the learning experience at par with development in the field of Economics
  • A peer reviewed, Y-Category HEC recognized annual research Journal titled “Forman Journal of Economic Studies” (Volume 13, Published in 2017)
  • Annual National Research Conference held to expose students to issues of contemporary significance in the field of Economics
  • Computer Research Laboratory with latest and licensed Software versions of Eviews, Stata, SPSS – Multimedia installed in the lab to train students with hands-on exposure
  • Regular Lectures and Seminars, inviting experts and policy makers to speak about issues pertaining to the areas of their expertise
  • Ewing Memorial Library offering Books, Journals, periodicals, electronic databases, HEC digital library and E-Books
  • Open-door policy by faculty members, ensuring an environment of optimal student-teacher interaction for academic support
  • Rigorous research standards to ensure quality research and capable researchers
  • A good reception of MPhil graduates in Public and Private sector enterprises in the fields of Academia, Banking, Research, Public Policy and Non-Government Organizations

Click here for the Scholarships and Financial Aid Information