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Phd In Econometrics Jobs (NOW HIRING)

$173 - $183/hr

Graduate Degree (Masters or PhD) in Economics or a closely related field * A blend of economic theory, applied econometrics, and business skills that let you jump into a fast-paced environment and ...

Graduate Degree (Masters or PhD) in Economics or a closely related field * A blend of economic theory, applied econometrics, and business skills that let you jump into a fast-paced environment and ...

$173 - $210/hr

Graduate Degree (Masters or PhD) in Economics or a closely related field * A blend of economic theory, applied econometrics, and business skills that let you jump into a fast-paced environment and ...

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Phd In Econometrics information

What is a PhD in Econometrics?

A PhD in Econometrics is an advanced academic degree focused on the application of statistical and mathematical methods to economic data. It prepares students to conduct original research, develop new econometric models, and analyze complex economic problems using quantitative techniques. Graduates often pursue careers in academia, research institutions, government agencies, or the private sector, where advanced data analysis and economic modeling skills are in high demand.

What are some common career paths for someone with a PhD in Econometrics?

With a PhD in Econometrics, graduates often pursue careers in academia as professors or researchers, but there are also numerous opportunities in the private and public sectors. Many work as quantitative analysts, data scientists, or policy advisors in financial institutions, government agencies, international organizations, or consulting firms. The advanced analytical and statistical skills developed during the PhD are highly valued in roles that involve complex data analysis, economic modeling, and policy evaluation. Collaboration with interdisciplinary teams, including economists, data engineers, and policymakers, is common, providing a dynamic work environment and pathways for professional growth.

What are the key skills and qualifications needed to thrive as a PhD in Econometrics, and why are they important?

To thrive as a PhD in Econometrics, you need advanced expertise in statistical theory, econometric modeling, and data analysis, typically supported by a doctoral degree in economics or a related field. Proficiency in statistical software such as Stata, R, Python, or SAS, as well as experience with large datasets and econometric methodologies, is essential. Strong analytical thinking, problem-solving abilities, and effective communication skills help you convey complex findings to diverse audiences. These skills are crucial for producing rigorous research, informing policy, and contributing valuable insights in academic, governmental, or industry settings.

How much does a PhD in Econometrics make?

A PhD in Econometrics typically earns a salary ranging from $80,000 to over $150,000 annually, depending on the industry, location, and experience. Econometricians working in finance, consulting, or academia often have higher earning potential, especially with strong quantitative and programming skills.

Is a PhD in econometrics worth it?

A PhD in econometrics prepares individuals for advanced research, academic positions, and data analysis roles in finance, government, and consulting. It typically involves rigorous coursework and research, leading to higher-level job opportunities and increased earning potential, but requires significant time and effort investment. The value depends on career goals and the demand for specialized quantitative skills.

What can I do with a PhD in econometrics?

A PhD in econometrics prepares individuals for research, analysis, and data-driven roles in academia, government agencies, financial institutions, and consulting firms. Graduates often work as economic analysts, quantitative researchers, policy advisors, or data scientists, utilizing statistical software and advanced modeling techniques. These roles require strong analytical skills and knowledge of econometric methods to inform decision-making and policy development.
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Cities with the most Phd In Econometrics job openings:

What states have the most Phd In Econometrics jobs?

States with the most job openings for Phd In Econometrics jobs include:

Infographic showing various Phd In Econometrics job openings in the United States as of August 2026, with employment types broken down into 1% Internship, 89% Full Time, 7% Part Time, and 3% Contract. Highlights an 83% Physical, 5% Hybrid, and 12% Remote job distribution.

Senior Machine Learning Engineer, Economist

Jackalope Digital LLC

On-site

$173 - $183/hr

Other

Posted 7 days ago


Job description

We're transforming the grocery industry

At Instacart, we invite the world to share love through food because we believe everyone should have access to the food they love and more time to enjoy it together. Where others see a simple need for grocery delivery, we see exciting complexity and endless opportunity to serve the varied needs of our community. We work to deliver an essential service that customers rely on to get their groceries and household goods, while also offering safe and flexible earnings opportunities to Instacart Personal Shoppers.

Instacart has become a lifeline for millions of people, and we’re building the team to help push our shopping cart forward. If you’re ready to do the best work of your life, come join our table.

Instacart is a Flex First team

There’s no one-size fits all approach to how we do our best work. Our employees have the flexibility to choose where they do their best work—whether it’s from home, an office, or your favorite coffee shop—while staying connected and building community through regular in-person events. Learn more about our flexible approach to where we work.

Overview

As a machine learning engineer in the Economics team, you will build state-of-the-art systems that blend rigorous economic thought with sophisticated machine learning algorithms to tackle some of the company’s most challenging problems. Working in a horizontal team, you will have the opportunity to collaborate closely with partners across multiple functions to operate on a highly diverse set of problems, contributing both economic and engineering expertise in a fast-paced environment filled with exciting opportunities for technically-minded economists.

The Economics team at Instacart works on a range of interesting and challenging problems across our platform, from aligning the incentives in our multi-sided marketplace to analyzing the role of prices and product placement in our customers’ decision-making. Some of the core areas of focus for our team include matching and logistics, online advertising, uplift and long-term value modeling, and general causal inference. Check out this blog post to learn more.

About the Job
  • Design, develop, and deploy machine learning solutions to tackle the many economic challenges in our complex marketplace.
  • Collaborate closely with product managers, data scientists, and other engineers to deeply understand business needs and create impactful solutions.
  • Push the envelope on our operational efficiency by continually refining and advancing our algorithms and models.
  • Be an active member of the Economics team, sharing learnings, best practices, and research across domains while refining and advancing our algorithms.
About You

We are open to hiring either a Machine Learning Engineer II, Economist (fresh PhD graduate) or a Senior Machine Learning Engineer I, Economist (post-PhD industry experience).

Minimum Qualifications
  • Graduate Degree (Masters or PhD) in Economics or a closely related field
  • A blend of economic theory, applied econometrics, and business skills that let you jump into a fast-paced environment and contribute from day one.
  • Experience applying causal inference methodologies to both observational and experimental datasets.
  • An understanding of machine learning algorithms and techniques.
  • Strong programming skills (Python) and fluency in data manipulation (SQL, Pandas) and machine learning tools (e.g., scikit-learn, XGBoost).
  • Excellent communication skills (both verbal and written).
  • Self-motivation and a strong sense of ownership.

For Senior Machine Learning Engineer I, Economist hires, we also expect:

  • 1-3 years of industry experience in a similar position.
  • Experience putting machine learning models into production environments.
  • Experience with cloud computing and related ML infrastructure.
Preferred Qualifications
  • A PhD in Economics or a closely related field with a focus on data-intense problems.
  • Intern experience in related roles.
  • Experience with large language models and generative AI, both on the algorithm side as well as a day-to-day tool.
  • Experience with uplift modeling, contextual bandits, and/or heterogeneous treatment effect estimation.

#LI-Remote

Instacart provides highly market-competitive compensation and benefits in each location where our employees work. This role is remote and the base pay range for a successful candidate is dependent on their permanent work location. Please review our Flex First remote work policy here. Offers may vary based on many factors, such as candidate experience and skills required for the role. Additionally, this role is eligible for a new hire equity grant as well as annual refresh grants. Please read more about our benefits offerings here.
For US based candidates, the base pay ranges for a successful candidate are listed below.

CA, NY, CT, NJ: $207,000 — $218,500 USD

WA: $198,000 — $209,000 USD

OR, DE, ME, MA, MD, NH, RI, VT, DC, PA, VA, CO, TX, IL, HI: $190,000 — $200,500 USD

All other states: $173,000 — $182,500 USD

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