Degree Course Type 

Masters

Entry Level Qualification 

Graduate

Degree Course Duration 

2 Year

Course Fields 

Arts, Economics

Degree Course Entrance Exam 

CUET UG, CUET PG

Average Course Fee 

10000 - 70000

Average Salary Offered 

400000 - 700000

Course Details 

The Master of Arts in Economics (MA in Economics) is a two-year postgraduate program organized into four semesters. Microeconomics, Macroeconomics, public economics, international and financial economics, and econometric are just a few of the topics covered in the MA in Economics postgraduate degree program which covers all facets of economics in society.

Course Highlights 

About Course 

The Master of Arts in Economics (MA in Economics) is a two-year postgraduate program organized into four semesters. Microeconomics, Macroeconomics, public economics, international and financial economics, and econometric are just a few of the topics covered in the MA in Economics postgraduate degree program which covers all facets of economics in society. A bachelor's degree in economics or a related discipline with a minimum of 50% is required to enroll in an MA in Economics course. Loyola College, Miranda House, and Lady Shri Ram College for Women are few of the popular colleges to study MA in Economics in India. 

Why Choose Course And Required Skills 

Studying for an MA in Economics course can be both enjoyable and beneficial. MA in Economics provides students with a solid understanding of the subject by emphasizing the importance of increasing demands and limited resources to meet those demands. MA in Economics can lead to a wider range of high-paying employment than other bachelor's degrees. MA in Economics degree recipients can work in the banking, academic and organizational, government, and investing industries. Being a  MA in Economics postgraduate also opens up the possibility of obtaining a PhD in the same field. 

Economists are crucial since they are in charge of spotting ongoing structural changes in the market as well as dealing with an economy's stability and national security. The MA in Economics program is also a great way to get closer to qualifying for the Indian Economic Services. Candidates who pass the MA in Economics program with a good percentage have a good chance of landing positions as economists in both government and commercial enterprises.

Economics degrees might be theoretical or applied/career-oriented. Candidates interested in pursuing a career in MA in Economics must possess a set of abilities. Some universities will provide students with the opportunity to participate in applicable internships and/or study abroad to further their education.

A few of the required skills necessary to be successful in the MA in Economics course are mentioned below:
​​​​​​​
1. Thorough knowledge of economic practices

2. Exceptional understanding of economic models

3. A broad understanding of various economic fields 

4. Knowledge of economic issues on a global scale

5. Improved research abilities

6. Excellent oral and written communication

Eligibility  

candidates interested in pursuing an MA in Economics degree must meet the MA in Economics eligibility criteria listed below:

1. A bachelor's degree in economics or a related field of study is required.

2. At the graduate level, a minimum percentage of 50% is mandatory.

Entrance Exams Details 

BHU-PET: The Banaras Hindu University Postgraduate Entrance Test (BHU PET) is a university-level exam for individuals seeking admission to postgraduate programs provided by Banaras Hindu University's colleges (BHU).

AU-PGAT: Allahabad University (AU) administers the PGAT, which is a University Level Admission Test for admission to several Master's Degree programs. Allahabad University in Uttar Pradesh holds the AU PGAT once a year.

TS-CPGET: The Telangana State Common Post Graduate Entrance Test (TS CPGET) is a test that is used to admit students into various postgraduate programs offered by the Telangana state government's universities. TS-CPGET exam is for admission to the Master of Arts/Humanities, Master of Science, and Master of Commerce programs.

JNUEE: The Jawaharlal Nehru University Entrance Exam is held to select candidates for admission to the university's undergraduate, postgraduate, MPhil, PhD, and other integrated programs. JNUEE is a university-level entrance exam that is conducted once a year. JNUEE scores are approved by all 14 schools affiliated with JNU.

Degree Course Syllabus 

Year 1

Year 2

Top Colleges 

Students prefer top universities in India that provide MA in Economics admission because these colleges provide great education and decent placements. The best MA in Economics institutions in India offers the greatest institutional and infrastructural facilities to prepare their students for a flourishing career in the field of economics. MA in Economics students are exposed to real-time experiences through practical training, in addition to gaining comprehensive economic ideas. 

In the table below, aspirants can find a list of top MA in Economics institutes in India:

Course Fees 

The fee of an MA in Economics course is determined by a number of factors including whether the university or college chosen by the candidate is public or private. In comparison to private institutions, state universities have lower course fees and quality education. In a public university or college, the typical MA in Economics cost ranges from INR 15,000 to INR 20,000. A private university's typical MA in Economics course fee ranges from INR 60,000 to INR 70,000. 

Top Recruiters And Salary 

Some of the top recruiters that hire MA in Economics graduates in both public and private firms are mentioned below:

1. Department of Economic Affairs

2. Infosys

3. Indian Statistical Universities

4. Buhler India Pvt Ltd

5. Genpact 

6. Dell

7. Zocdoc, Inc.

8. Reserve Bank of India

9. HSBC

10. Accenture

11. Rail India Technical and Economic Services

   ​​​​​​​


MA in Economics graduates enjoy pretty decent starting salaries. MA in Economics graduates are able to work under various job profiles and they play an instrumental role in the long-term and short-term success of any firm.

A few of the top job profiles that MA in Economics graduates can work in are mentioned below along with their respective salaries:

Course Scope And Career Options 

Some of the most popular career prospects available for students after completing M.A. in Economics are listed below:

1. Research Associate

2. Accountant

3. Business Analyst

4. Financial Analyst

5. Corporate Analyst

6. Personal Finance Advisor

7. Operations Manager

8. Investment Banker

9. Market Research Analyst

10. Branch Manager

11. Credit Officer

12. Cash Officer

Admission Process 

Entrance exams for MA in Economics course are conducted by universities such as Delhi University, Banaras Hindu University, Jawaharlal Nehru University, Manipal University, and others, but merit-based admission is also conducted at institutes such as Christ University, Loyola College, University of Hyderabad, and others.