Madurai Kamaraj University M.Sc Mathematical Economics: Fees 2026, Course Duration, Dates, Eligibility

Madurai, Tamil NaduState UniversityEstd 1966NAAC Grade A
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Collegedunia Team

Content Curator | Updated 3+ months ago

Madurai Kamaraj University (MKU) offers a 2-year full-time M.Sc. in Mathematical Economics, a unique interdisciplinary programme that combines advanced mathematics with economic theory and quantitative analysis. The programme is offered through the Department of Mathematical Economics and covers topics such as Mathematical Methods in Economics, Econometrics, Game Theory, Operations Research, Macroeconomics, Microeconomics, and Statistical Methods. It is a non-entrance based programme, with selection based on UG marks. The total fees for the 2-year programme are Rs. 23,120, making it highly affordable. The programme is popular among students who wish to pursue careers in economic research, policy analysis, banking, finance, and academia, and is particularly suited for those with a strong quantitative background.

Admission for the 2026-27 academic year is currently open. The last date for submission of applications is 06 April 2026. Since this is a non-entrance programme, selection is based on UG marks up to the 5th semester.

Key Points

  • M.Sc. Mathematical Economics is a unique interdisciplinary programme combining Mathematics and Economics, rare among Indian universities.
  • This is a non-entrance based programme; selection is based on UG marks.
  • The programme is offered under CBCS as per UGC norms.
  • Graduates are eligible for UGC-NET in Economics or Mathematics for research fellowships and college teaching.
  • The programme is highly affordable at Rs. 23,120 for 2 years.
  • Strong quantitative training makes graduates competitive for roles in banking, finance, data analytics, and economic research.
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MKU M.Sc. (Mathematical Economics) Fees

The M.Sc. Mathematical Economics programme at MKU is a government-aided programme with a very nominal fee structure. The total fee for the 2-year programme is Rs. 23,120.

Fee Structure

Fee ComponentYear 1 (Rs.)Year 2 (Rs.)
Tuition Fee6,0006,000
Laboratory / Special Fee1,0001,000
Examination Fee750750
Other Fees (Sports, Library, etc.)1,6101,610
Student Welfare Fund1,2001,200
Admission Fee (one-time)100-
Alumni Fee (one-time)1,000-
Caution Deposit (refundable)250-
Insurance / Miscellaneous-500
Year Total11,91011,210
Total Fees (2 Years)23,120
  • Tuition fee is waived for SC/ST candidates as per Tamil Nadu Government norms.
  • Caution Deposit of Rs. 250 is fully refundable at the end of the programme.
  • Hostel accommodation is available on campus (optional); hostel fees are charged separately.
  • 80% refund if withdrawal is at least 15 days before the closing date of admission; 50% refund if less than 15 days prior; no refund after closing date.

MKU M.Sc. (Mathematical Economics) Admission 2026-27

Admission to M.Sc. Mathematical Economics at MKU is a non-entrance based process. Selection is based on UG marks obtained up to the 5th semester. The 2026-27 admission cycle is currently open with applications accepted until 06 April 2026.

MKU M.Sc. Admission Dates

EventDate
Application Portal Opens02 March 2026
Last Date for Application Submission06 April 2026
Selection / Merit ListTo be notified after application deadline
Counselling / AdmissionTo be notified

The dates mentioned above are tentative and subject to change.

Eligibility Criteria:

  • A pass with 50% of marks in B.A., B.B.A., B.Com., B.E., B.Sc. Mathematics/Statistics, B.A. Economics with Mathematics and Statistics as subjects studied, or B.A. Economics with Mathematics at +2 level.
  • SC/ST candidates require a minimum of 45% marks.
  • Candidates in the final year/semester of their UG programme are also eligible to apply.

Admission Process:

  • Apply online through the MKU admissions portal (admissions.mkuniversity.ac.in) and pay the registration fee of Rs. 500.
  • Selection is based on UG marks obtained up to the 5th semester/2nd year.
  • Selected candidates complete admission formalities and pay fees through SBI i-Collect.
  • Tamil Nadu Government Reservation Policy is strictly followed.

Madurai Kamaraj University: Students' Opinion

AI-Generated Summary based on 2 Reviews

Madurai Kamaraj University provides an M.Sc. program in Mathematical Economics through its Department of Mathematical Economics under the School of Economics. The course spans one year and includes two semesters, with exams considered moderately challenging. The university is known for its cost-effective fee structure. Tuition for the program is Rs.

10,560 in the first year and Rs. 9,080 in the second year. There is also a one-time payment that includes a Rs. 1,000 caution deposit. Financial aid is available through various scholarships, such as the UGC-JRF/SRF Fellowship, Lady Tata Memorial Trust Fellowship, and RUSA Scholarship. Additionally, some departments offer campus job opportunities to support students financially.

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 By Collegedunia’s Personal AI

MKU M.Sc. (Mathematical Economics) Scholarships 2026-27

Students admitted to M.Sc. Mathematical Economics at MKU are eligible for a range of state and central government scholarships. SC/ST students benefit from full tuition fee waiver. Students interested in research can apply for UGC-JRF in Economics or Mathematics after completing M.Sc.

Available Scholarships

ScholarshipEligibilityAmount / Benefit
Tamil Nadu Post-Matric Scholarship (SC/ST)SC/ST studentsFull tuition fee + maintenance allowance
Tamil Nadu BC/MBC/DNC ScholarshipBC/MBC/DNC studentsPartial fee support + maintenance
Central Sector Scholarship (MHRD)Top 20 percentile in 10+2Rs. 20,000/year
UGC-JRF (Economics)UGC-NET qualified with JRF (post-PG)Rs. 37,000/month
Maulana Azad National FellowshipMinority community studentsAs per UGC norms

MKU M.Sc. (Mathematical Economics) FAQs

Ques. What makes M.Sc. Mathematical Economics different from M.A. Economics or M.Sc. Mathematics?

Ans. M.Sc. Mathematical Economics is a unique interdisciplinary programme that combines rigorous mathematical training with economic theory and quantitative analysis. Unlike M.A. Economics (which is more theoretical and qualitative) or M.Sc. Mathematics (which is purely mathematical), this programme equips students with both mathematical tools and economic applications, making them highly competitive in research and quantitative finance roles.

Ques. Is there an entrance test for M.Sc. Mathematical Economics at MKU?

Ans. No. M.Sc. Mathematical Economics at MKU is a non-entrance based programme. Selection is based purely on UG marks obtained up to the 5th semester.

Ques. Can B.Com. or B.B.A. graduates apply for M.Sc. Mathematical Economics at MKU?

Ans. Yes. B.Com. and B.B.A. graduates with 50% marks are eligible to apply. The programme is designed to accommodate students from diverse backgrounds including Commerce, Economics, and Mathematics.

Ques. What are the career prospects after M.Sc. Mathematical Economics from MKU?

Ans. Graduates can work as Economists, Data Analysts, Financial Analysts, Policy Researchers, and Quantitative Analysts in banks, financial institutions, government agencies, think tanks, and research organisations. The programme also prepares students for UGC-NET in Economics for academic careers.

Ques. Is M.Sc. Mathematical Economics from MKU recognised for government jobs?

Ans. Yes. M.Sc. Mathematical Economics from MKU is recognised for government jobs in economic research agencies, planning commissions, and statistical organisations. Graduates can also appear for UPSC and TNPSC examinations with Economics as an optional subject.

Ques. What is the scope of M.Sc. Mathematical Economics for pursuing Ph.D.?

Ans. Graduates can pursue Ph.D. in Economics, Mathematics, or Mathematical Economics at MKU or other universities. With UGC-JRF qualification, they can receive a monthly fellowship of Rs. 37,000 during their Ph.D. The interdisciplinary nature of the degree makes graduates competitive for Ph.D. programmes in both Economics and Mathematics departments.

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