Over the centuries, economics has evolved much more. Economics plays an indispensable role in today’s society and life. It significantly governs how people interact with value and focuses on how economies work. As a field of social science, economics has numerous advantages and solves many social problems. Individuals who are interested in business and management can find this subject more apt and enroll in different offline and online certificate courses in economics in India.
There are many types of Economics certification courses in India and free online economics courses with certificates you can pursue at graduate, postgraduate or doctoral levels. There are also diploma and PG diploma courses along with various certificate courses in economics in India. After completing your economics degree or short term courses in economics, you can find great opportunities and bag a lucrative job as an Investment Analyst, Economics Researcher, economist, data analyst, financial advisor, and many more.
What is Economics?
As a crucial subject, economics studies the behavior and interaction of people with value - production, distribution, and consumption of goods and services. Economics is bifurcated into microeconomics – concerned with individual firms, households, buyers, and sellers; and macroeconomics – focused on the entire economy as a whole. One can find many certificate courses for economics students all over the world
Who Can Pursue Economics Courses?
Any individual who has a keen interest in business, management, and the economy can pursue economics courses. Students can apply for economics courses after 12th and gain specialisation in this subject by extending their studies to master’s and PhD levels. Also, professionals and experts in the finance field can opt for economics certification courses and diplomas in economics online to advance their knowledge and skills in economics.
Eligibility Criteria for Economics certification courses
- For a bachelor’s degree such as a B.A. in Business Economics, B.Com in Applied Economics/ Business Economics, and Bachelor of Economics (BE), candidates must have passed 10+2 with at least 50% marks from a recognised board.
- For master’s in economics such as M.A. in Economics, M.Com in Applied Economics, and M.Sc. in Financial Economics and Administration, candidates should hold a bachelor’s degree in a relevant stream from a recognised college/ university with at least 50% marks.
- Aspiring candidates can also go for Ph.D. economics courses after completing post-graduation with minimum marks of 50%.
- Certain colleges conduct entrance exams for admissions to economics courses, including DUJAT, NPAT, SET, CUET, IPU CET, DU DSE, JNUEE, and ISI Admission Test.
Skills Required for Economics Courses
These skills learned from economics courses and certifications will be very helpful and advantageous while taking an online economics degree and online diploma in economics.
- Self-motivated
- Good observation skills
- Good communication
- Problem-solving
- Logical thinking
Popular Certification Specialisations
What Will You Learn in Economics Courses?
- Pursuing Economics certification courses online or on-campus will teach you about the overall concepts of economics – micro and macroeconomics. You will have a good understanding of business and economics.
- Economics courses and economics certificate courses will teach you about production and cost theory, market structure analysis, demand theory and estimation, antitrust policy, government regulation of business, capital budgeting, inflation theory, international economics, and much more.
- You will also learn skills required to apply to your professional as well as personal life with short term courses in economics
Popular Economics Certification Courses
As economics certification courses are short-term courses, they are designed specially to inculcate students as well as professionals with complete knowledge of economics. These Economics certification courses and online economics courses with certificates will let you explore how individuals and firms manage resources and react to insufficiency.
Here’s the list of the best economics certification courses:
Course Name | Offered by | Duration |
Gujarat University, Ahmedabad via Swayam | 12 Weeks | |
Jai Narain Vyas University, Jodhpur via Swayam | 15 Weeks | |
IIM Calcutta via TalentSprint | 6 Months | |
The University of Western Australia, Perth via Coursera | 7 Weeks | |
IIT Kanpur via Swayam | 12 Weeks | |
IIT Kanpur via Swayam | 12 Weeks | |
IIT Guwahati via Swayam | 8 Weeks | |
IIT Bombay via Swayam | 12 Weeks | |
IIT Kharagpur via Swayam | 8 Weeks | |
IIT Madras via Swayam | 12 Weeks |
Career Options in Economics
After completing economics courses online or on-campus, there are several career opportunities available in different industries. You can find employment in both public and private sector organisations. You can work in banks, financial services and consulting firms, colleges or universities, planning commissions, research centers, World Bank, RBI, and MNCs. Once you complete your economics courses and certificate course in economics, you can also make a career in journalism and the sales and marketing field.
Top job titles you can explore after economics courses:
- Investment Analyst
- Financial Planner
- Economist
- Financial Risk Analyst
- Accountant
- Researcher
Popular Providers Offering Economics Certification Courses
Economics Courses Salary Trends
As a sought-after career option, economics has a vast career prospects and salary potential. Depending on qualifications, job profiles, skills, and experience, candidates after economics certification courses can get an attractive salary with continual job growth. According to PayScale, with a B.A. in economics degree, a candidate can earn an average salary of Rs. 612,949/ year. With further studies in this field or M.A. in economics, the candidate can expect to earn Rs. 626,138/ year, on average.
Salary as per job profiles:
Job Profiles | Average Base Pay (annually) |
Investment Analyst | Rs. 643,554 |
Rs. 414,662 | |
Economist | Rs. 801,950 |
Economic Analyst | Rs. 589,581 |
*The salary trend is based on PayScale
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Scope of Economics Courses
Economics is a broad scope as it not only studies its subject matter. But it also studies various other things such as its scientific nature, ability to pass value judgment, and suggest solutions to real-world issues. The study of economics opens up a broad range of opportunities to gain an edge in today's globalised world. Since the growth of any business relies on economic policies, a career in this field can be much more rewarding. After gaining proper skills and training, you can not only find employment opportunities at the national but also at the international level. Economics is the foundation for every industry and organisation, hence it has incredible scope and prospects to supply. So one can consider studying certificate course in economics with ease.
Top Recruiters for Economics Professionals
The economists in India are offered employment by all top-rated companies that have a global base also. Also, there is a projection that employment is expected to grow at a whopping rate of 6% until 2024 which compared to other occupations is fast-paced. More than 1400 openings are projected to increase every year. Some of the companies that offer recruitment to those who have passed out after learning economics courses are as follows:
- RBI
- World Bank Asian Development Bank IMF
- Accenture
- Wipro
- Genpact
FAQs on Economics Courses
Q: Can I learn economics certification courses online?
A: Yes, there are many online economics certification courses offered by top institutes that are designed to provide you with complete knowledge of business and the economy.
Q: What qualifications do I require for economics courses?
A: If you want to enroll in the Bachelor of Economics programme, you should have passed Class 12 with a minimum of 50-55% marks from a recognised board. If candidates want to to
Q: Is pursuing economics a good option?
A: Economics deals with the study of the economic aspects of a nation. Studying economics opens various career paths at the national as well as international levels in diverse industries.
Q: How to pursue economics certification courses?
A: There are various certificate courses for economics students you can pursue. The requirements of these courses will vary as per the course and institution you choose.
Q: How much does it cost for online economics certification courses?
A: The online economics certification courses fees will depend upon the course type and vary from institution to institution.
Q: How long does it take to complete economics courses?
A: A bachelor’s degree in economics will take 3 years while 2 years for a master’s degree whereas the certificate course in economics takes only a few months to get completed. Online economics certification courses and certifications usually span from a few weeks to months.
Q: What do I do after economics certification courses?
A: After completing economics certification courses, you can make a career as an economist, manager, executive, financial analyst, data analyst, financial advisor, and more.