The Central Department of Economics has introduced M. Phil. Degree in Economics since academic year 2007. The objective of this course is to provide advanced and specialized study in Economics for further learning and research leading to Ph.D. The proposed program will be running under semester system. The course contents are divided accordingly in three semesters. First semester covers three core papers and an optional of 4 credit hours each equivalent to 400 hundred full marks. Second semester also follow same. Third semester is thesis writing semester of 8 credit hours, which is 200 marks. All together M. Phil. Degree is of 40 credit hours, ie, 1000 marks.

Students holding a M.A. degree of Tribhuvan University with Economics. or a degree equivalent to this degree from any university recognized by Tribhuvan University (T.U.) shall be considered eligible to apply for admission to M. Phil in Economics.

An applicant seeking admission to M. Phil. in Economics must appear in an entrance examination of ninety-minute duration conducted by Central Department of Economics. Applicants who fail either to appear in the entrance examination or to obtain a minimum qualifying score will not be given admission. Admission of the students will be based strictly on the merit list and on the enrolment capacity of the Central Department of Economics