About the course

The M.Sc Economics is a two-year postgraduate course dedicated to economic research and analysis. It aims to introduce all the basic concepts of economics, finance and management. Students learn about various economic models and their effects based on various parameters. The core subjects of MSc economics are Microeconomics, Macroeconomics, Mathematical Methods for Economics, Econometrics, Advanced Indian Economics, Development Economics, History of Economic Ideas etc.

An MSc in Economics is a postgraduate degree designed to provide students with advanced knowledge of economic theories, quantitative methods, and their applications in solving real-world problems. This program is ideal for individuals looking to build careers in academia, research, public policy, finance, or consulting. Graduates are valued for their ability to blend theoretical knowledge with practical skills, making them highly sought after across industries.

Eligibility

• MINIMUM EDUCATION - Completion of 10+2, The candidates that holds degree in subjects such as Physics, Mathematics, Economics as well as engineering grads can apply for this course.
• MINIMUM MARKS - Qualified from a recognized university with at least 50% aggregate marks or equivalent.
• ENTRANCE EXAM - BITSAT, BHU PET, CUET PG.

Why to study MSC Economics

• Dive deeper into microeconomics, macroeconomics, and specialized fields like behavioral or environmental economics. Gain insights into how economies function and influence decision-making at both individual and global levels.
• Opens doors to prestigious roles in finance, policymaking, academia, and consulting. Provides a competitive edge in industries like banking, international trade, and development organizations.
• Contribute to addressing critical issues such as poverty, inequality, and sustainable development. Influence government policies and global economic strategies. Learn advanced data analysis techniques and statistical tools like STATA, R, and Python.
• Economics graduates are among the highest-paid professionals globally, with strong demand in corporate and public sectors. Understand international markets, trade policies, and economic trends. Opportunity to work in multinational organizations and adapt to diverse economic systems.
• Equip yourself to lead teams, projects, and policies that shape economic outcomes in organizations or governments. Strong foundation for pursuing a PhD or conducting impactful research in various fields of economics. Publish studies and contribute to advancing economic knowledge.
• Focus on niche areas like development economics, health economics, or financial economics. Tailor your studies to match your interests and career goals. Economics intersects with fields like politics, psychology, and environmental studies.

Scope of MSC Economics

• Opens doors to various roles in industries such as finance, public policy, research, consulting, and international development. Key positions include Economist, Financial Analyst, Policy Advisor, Data Scientist, and Consultant.
• Economists are needed in sectors like banking, investment, healthcare, technology, and environmental sustainability. The analytical and quantitative skills developed in MSc Economics are transferable and highly valued.
• Work with government bodies to design and implement economic policies addressing national challenges like unemployment, inflation, and growth. Opportunities in regulatory agencies, central banks, and international organizations like the IMF or World Bank.
• Build a career in teaching or research by pursuing a PhD after MSc Economics. Contribute to economic theory and applied research through academic publications and institutional collaborations.
• Work with global agencies such as the United Nations, World Trade Organization, or development banks. Engage in projects related to poverty alleviation, sustainable development, and trade policies.
• Leverage econometric and statistical skills to analyze market trends, consumer behavior, and financial data. High demand for data-driven roles in corporate and startup ecosystems.

Top 10 colleges in India

Syllabus of the course

YEAR 1

YEAR 2

Fees Structure

Job Roles

• Economist: Analyze economic trends and market dynamics. Provide insights for government policies, businesses, and international organizations.
• Financial Analyst: Evaluate investment opportunities and financial risks. Assist organizations in making informed financial decisions.
• Data Analyst Use statistical tools to analyze and interpret large datasets. Provide actionable insights for decision-making in businesses or public policy.
• Policy Analyst Research and evaluate public policies in areas like education, healthcare, and trade. Provide recommendations to governments, NGOs, and think tanks.
• Economic Consultant: Advise businesses and organizations on economic strategies. Analyze market conditions and provide recommendations for growth.
• Investment Banker: Assist companies in raising capital and managing investments. Perform market analysis and financial modeling.
• Academician/Researcher: Teach undergraduate and postgraduate courses in economics. Conduct advanced research on economic theories and applications.
• Statistician/Econometrician: Design and implement statistical models to analyze economic data. Work with financial institutions, government bodies, or research firms.