M.A. Economics is a 2 year full time or distance learning post-graduation programme to sharpen student’s dexterity in areas of finance and management. The minimum eligibility called for this Masters degree is50% aggregate in Bachelor’s degree in any discipline.
Admissions in M.A. Economics is offered by many colleges and universities all over India generally through entrance exams for full time course while open universities like IGNOU takes admission on merit basis. Tuition fee for the course ranges from 10,000 to 50,000 rupees while for distance mode it is approx. 12,000.
During the course time one will get the in depth knowledge about the core subjects like Microeconomic theory, Macroeconomic theory and Mathematical Economics.
A student as Master of Economics can get placed in top Finance companies like ICICI Bank, YES Bank, RBS, Kotak and many more with an expected salary of 1.8 lacs to 3 lacs for which one can work in the field of accounts, retail, sales, finance, tax, etc.
M.A. in Economics provides a deep insight of finance and management sectors and civilizes the soft skills of a student which makes him/her au fait to face any challenge in public sector, business or in industry. The program edifies latest principles of economic theory. It even gives a practical experience to students through internship programmes.
Someone who is curious about the world’s economy, about how the finances in economy grow. Anyone who have a critical insight to analyze the ups and downs of financial market. 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.
But if someoneis opting for distance mode it may last maximum for 5 years and minimum of 2 years like inIGNOU, Delhi
After completing Masters in Economics one can move ahead for higher studies i.e. M.Phil. /Ph.D. in Economics. Many Institutes provide Ph.D. in Economicswhere students can apply according to their choice although eligibility and admission criteria may vary from college to college.
Here is a list of Top colleges for M.A. Economicswhere an applicant can move ahead to have a shining future:
Name of Institute
St Stephen's College
Miranda House College
Madras Christian College
Modern College of Arts Science and Commerce
St. Mira's College for Girls
Some institutes which offer M.A. Economics through distance learning mode are:
Minimum eligibility for M.A. Economics by and large is 50% marks in B.A. (Hons) in aggregate or graduation with 60% marks in Economics subject which is there in universities like Amity University, Delhi University, etc.
Although eligibility criteria may differ for Entrance exam procedure and merit based admission process. As in Delhi University eligibility for Merit based admissions is aggregate 50% in B.A. (Hons) Economics done from DU only.
Admission in this course is usually done through entrance exams as well as on merit basis.
Jamia Millia Islamia, Delhi University, Manipal University, Jawaharlal Nehru Universityand other Universities like themtake admissions through entrance test. Although certain colleges like Delhi Universityreserves certain seats for merit basis admissions along with entrance based admissions.
Colleges like Christ University,University of Hyderabad takes in application only through online/ direct mode as for Merit based admissions. Delhi School of Economicsreserves only 50% of its seat for merit basis.
Distance mode of admission also follows a mixed pattern, as Universities like IGNOU, Delhi andKarnataka State Open University offers direct admissions while some likeSavitribai PhulePune Universityconducts entrance exam for entrants.