Economics; Colleges, eligibility, Recruiters, Syllabus, Entrances, Job prospects

M.A. Economics provides a deep insight of finance and management sectors and civilizes the soft skills of students which makes them face any challenge in the public sector, business or in industry. The program edifies the latest principles of economic theory. It even gives practical experience to students through internship programs. Someone who is curious about the world’s economy and about how the finances in an economy grow should opt for this course. Anyone who has a critical insight to analyze the ups and downs of the financial market should also choose M.A. Economics course. Economics, as we all study in our school books, is the science of production, distribution, and consumption of wealth and this course is for those minds who believe in that definition.

Top College

  • Miranda House College, New Delhi
  • Presidency College, Chennai
  • Fergusson College, Pune
  • Ramjas College, New Delhi
  • Christ University, Bangalore
  • Banasthali Vidyapith, Jaipur
  • Kristu Jayanti College, Bangalore
  • Mithibai College of Arts, Mumbai
  • Jyoti Nivas College, Bangalore
  • Symbiosis College of Arts and Commerce, Pune


Highlights

Course LevelPostgraduate
Duration2 Years
Examination TypeSemester System
EligibilityGraduation from a recognized university
Admission ProcessMerit Based


Courses and Eligibility

CoursesDurationEligibilityEntrance
BA3 Years10+2 completed with any combination of subjectsMerit based Admission
MA2 YearsBA with Economics honors from a recognized institution CUSET, AUCET, JNU Entrance Exam, DU Entrance Exam, Etc.


Top Recruiters

  • ICICI Bank
  • YES Bank
  • RBS
  • Kotak, etc.


Admission Process

Admission is usually done through entrance exams as well as on merit basis. Jamia Millia Islamia, Delhi University, Manipal University, Jawaharlal Nehru University and various other universities provide admissions through entrance test. Although, certain colleges like Delhi University reserve certain seats for merit basis admissions along with entrance based admissions.
Colleges like Christ University, University of Hyderabad take application only through online/ direct mode as for Merit-based admissions. Department of Business Economic reserve only 50% of its seat for merit-based admission. 
Distance mode of admission also follows a mixed pattern, as Universities like IGNOU, Delhi, and Karnataka State Open University offers direct admissions while some like Savitribai Phule, Pune University conduct entrance exam.


Syllabus

Semester I

Microeconomic Analysis

Monetary Economics

Elementary Statistics

International Trade

Optional Paper I 

Semester II

Theory of Pricing and Distribution

Macroeconomic Analysis

Quantitative Methods

International Finance

Viva Voce

Semester III

Economics of Growth

Public Economics

Issues in the Indian Economy

Economics of Industry

Optional Paper II

Semester IV

Growth Model in Economics

Indian Public Finance

Selected Problems of the Indian Economy

Economics of Agriculture

Viva Voce


Skills Required

  • Problem solving skills
  • Logical bent of mind
  • Inference of Data
  • Presentation of Idea
  • Innovative techniques and policies
  • Strong Mathematics
  • Good at handling Money and problems related to it


Top Entrances

Most colleges conduct their own entrance exams. Some popular entrance exams are mentioned below.

  • CUCET
  • AUCET
  • DUET
  • PUET
  • JNU Entrance Exam, etc.


Careers and Job Prospects


Job Profile Job DescriptionAverage Annual Salary in INR
Branch manager-RetailA Branch manager has to look after every branch-level activity to ensure success in business.
6.5 lakhs
Analyst- BrokingAs an analyst, one has to collect and assay data from various sources for the company and have to create reports and presentations.
4 lakhs
Credit officer- RetailCredit Officer has to access documentation and finances of retail and also has to monitor login files and must maintain TAT.
4.5 lakhs
Collections manager- RetailCollects pending dues, handles complaint management and CRM.
5.5 lakhs


FAQs 

Q: What are the career prospects after MA Economics?

A: After completing a Masters in Economics, one can opt for higher studies in courses like:

  • Ph.D. (Business Economics)
  • M.Phil. (Economics)

Many Institutes provide PhD in Economics where students can apply according to their choice, although eligibility and admission criteria may vary from college to college.

Apart from higher studies, there are many job opportunities available after completing M.A. Economics course. Some of the popular job roles available are:

  • Branch Manager
  • Operations Officer
  • Cash Officer
  • Analyst
  • Collection Manager

Q: What is the Eligibility for MA in Economics?

A: Given below are the general minimum eligibility criteria:

Direct Mode: Candidate must have secured 60% aggregate marks in BA Economics.

Entrance Mode: Candidates should have 60% or 1st division or equivalent CGPA in any UG/PG degree in any subject along with clearing the entrance marks with minimum qualifying marks set by the university/ college. 

Q: What is the admission process into MA Economics?

A:  Admission is usually done through entrance exams as well as on merit basis. Jamia Millia Islamia, Delhi University, Manipal University, Jawaharlal Nehru University and various other universities provide admissions through entrance test. Although, certain colleges like Delhi University reserve certain seats for merit basis admissions along with entrance based admissions.

Colleges like Christ University, University of Hyderabad take application only through online/ direct mode as for Merit-based admissions. Department of Business Economic reserve only 50% of its seat for merit-based admission. 

Distance mode of admission also follows a mixed pattern, as Universities like IGNOU, Delhi, and Karnataka State Open University offers direct admissions while some like Savitribai Phule, Pune University conduct entrance exam.

Q: What are the top entrance exams for MA Economics?

A: Most colleges conduct their own entrance exams. Some popular entrance exams are mentioned below.

  • CUCET
  • AUCET
  • DUET
  • PUET
  • JNU Entrance Exam, etc.

Q: What are the top colleges for studying MA Economics?

A:  Here are some of the top colleges for MA Economics:

  • Miranda House College, New Delhi
  • Presidency College, Chennai
  • Fergusson College, Pune
  • Ramjas College, New Delhi

Check the top colleges section for further details.

Q: Are there any colleges which provide distance education for MA Economics?

A: Institutes Offering Distance Learning Education

  • IGNOU, New Delhi
  • Delhi University
  • Mumbai University
  • Punjabi University
  • Bangalore University
  • Nalanda Open University, Patna

Q: What are the skills required for MA Economics?

A:  Some of the skills required for MA Economics are mentioned below:

  • Problem solving skills
  • Logical bent of mind
  • Inference of Data
  • Presentation of Idea
  • Innovative techniques and policies
  • Strong Mathematics
  • Good at handling Money and problems related to it.

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