Overview, Course Info, Colleges and Fees, Jobs and Salary, Study Path, Resources
M.Sc Economics is a postgraduate course focusing on economic theories, analysis, and applications. Ideal for students seeking careers in finance, research, and policy-making.
Average Salary
₹ 6,00,000 /-
Career Growth
High
Course Demand
High
M.Sc. Economics is a postgraduate degree program that delves into advanced economic theories, models, and applications. It's designed for students seeking a deeper understanding of economic principles and their impact on various aspects of society. This program typically covers microeconomics, macroeconomics, econometrics, and various specialized fields like development economics, international economics, and financial economics.
Key aspects of an M.Sc. Economics program:
An M.Sc. Economics degree equips graduates with the analytical and problem-solving skills necessary for careers in academia, government, finance, and consulting. It provides a strong foundation for further research and doctoral studies.
Pursuing an M.Sc. in Economics offers numerous benefits for students aiming for a successful career in economics and related fields. Here's why you should consider studying M.Sc. Economics:
An M.Sc. Economics degree is a valuable investment for students seeking to advance their knowledge, skills, and career prospects in the field of economics. It provides a solid foundation for a wide range of professional and academic pursuits.
M.Sc Economics is a postgraduate program designed to provide students with advanced knowledge and analytical skills in economic theory and its applications. This program is highly sought after by Indian students aiming for careers in research, finance, and policy-making.
Key Highlights:
India's rapidly growing economy presents numerous job opportunities for M.Sc. Economics graduates. The demand for skilled economists and analysts is increasing across various sectors. Here are some key areas:
Graduates can find roles in both public and private sectors, contributing to economic growth and development in India.
Postgraduate Economics Degree
M.Sc. Economics is a postgraduate program providing advanced knowledge in economic theories, econometrics, and policy analysis, ideal for students aiming for careers in research, finance, and public policy.Two-Year Comprehensive Program
The M.Sc. Economics program typically spans two academic years, divided into four semesters, offering a structured curriculum with opportunities for specializations and research projects.Semester-Based Assessments
Evaluation includes semester-end exams, assignments, presentations, and a dissertation, ensuring a thorough understanding of economic principles and their applications.Bachelor's Degree Required
Applicants need a bachelor's degree in Economics or a related field with a minimum aggregate score (e.g., 50%), varying by institution. Some colleges may also require mathematics as a subject at the 10+2 level.Merit & Entrance Based
Admissions are based on merit (bachelor's degree marks) or entrance exams like the IIT JAM, JNU Entrance Exam, or university-specific tests, followed by counseling or interviews.Varies by Institution
The course fee for M.Sc. Economics ranges from INR 20,000 to INR 2,00,000 per year, depending on the college type (government vs. private) and its infrastructure.Leading Financial Institutions
Top recruiters include banks (RBI, SBI), financial institutions, consulting firms (McKinsey, BCG), research organizations (NCAER), and government agencies, offering roles in analytics, research, and consulting.Premier Indian Institutions
Top colleges for M.Sc. Economics in India include Delhi School of Economics, Indian Statistical Institute, Jawaharlal Nehru University, and Madras School of Economics, known for their faculty and research.Diverse Career Opportunities
Job roles include Economist, Data Analyst, Financial Analyst, Research Analyst, and Consultant, with opportunities in banking, finance, research, and public policy sectors, offering competitive salaries and growth.Salary
₹7,50,000
Analyze economic issues, conduct research, and provide forecasts to advise organizations or governments on economic trends and policies....
Salary
₹6,00,000
Evaluate financial data, provide investment recommendations, and manage financial risk for companies or investment firms....
Salary
₹5,50,000
Collect, process, and analyze large datasets to identify trends and insights that can inform business decisions and strategies....
Salary
₹5,00,000
Study market conditions, consumer behavior, and competitor activities to advise companies on product development, pricing, and marketing strategies....
Salary
₹4,80,000
Work in various roles within banks, such as loan officer, branch manager, or financial advisor, providing financial services to individuals and businesses....
Salary
₹8,00,000
Assess and manage financial risks using statistical models and mathematical techniques, primarily in the insurance and finance industries....
Salary
₹7,00,000
Teach economics courses at universities or colleges, conduct research, and publish scholarly articles in academic journals....