There are up to ten one-year junior fellowships offered by the Royal Economic Society at UK universities. The fellowship values £9,50O and in London it worth £12,500. The sum payment will be given to universities that makes arrangements for paying awardees.
Applicants have to have completed minimum two years’ work towards a doctoral thesis. Applicants who have already finished their doctorates can be considered on application for the Secretary General. Candidates must be undertaking at least 30 hours teaching in addition to 15 hours preparation time while the maximum teaching amount is 60 hours excluding the 20 hours for preparation time. They must be submitted through their Head of Department with grading.