MA Economics Course, Fees, Admission, Colleges, Syllabus, Career Options
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MA Economics Course, Fees, Admission, Colleges, Syllabus, Career Options

#M.A.
Moksh DheriUpdated on 28 Nov 2024, 06:30 PM IST

MA Economics or Master of Arts in Economics is a postgraduate degree programme with a duration of two years in the field of Economics. The Master of Arts in Economics course is divided into four semesters, which is one of the sought-after students pursuing the arts stream.

This Story also Contains

  1. Highlights - Master of Arts in Economics
  2. Eligibility Criteria of MA Economics
  3. Admission Process of MA Economics
  4. Top Entrance Exams for MA Economics
  5. Cutoff of MA Economics for Top Colleges
  6. Skills Required for MA Economics
  7. Syllabus of MA Economics
  8. Fee Structure for MA Economics
  9. Scope of MA Economics
  10. Career Options after MA Economics
  11. Top Recruiters:
  12. Benefits of Studying MA in Economics
  13. Salary after MA Economics
  14. List of Top MA Economics Colleges in India with Fees
  15. Top Private MA Economics Colleges in India with Fees
  16. Top Government MA Economics Colleges in India with Fees

The Master of Arts in Economics degree programme is aimed to offer a comprehensive understanding and proficiency in the field of economics. MA Economics course includes various economic theories, guiding principles, and analytical techniques to assist students in comprehending and analysing complex economic events.

Macroeconomics, microeconomics, international economics, econometrics, and development economics are just a few of the specialist tracks or emphases that are frequently available in MA Economics programs, allowing students to concentrate on their areas of interest. The Master of Arts in Economics course is the branch of science that deals with production, consumption, supply and demand changes in the markets.

The average Master of Arts in Economics salary offered to the graduates is around Rs. 5 to Rs. 7 Lakh per annum. In this article, we will discuss MA Economics eligibility, MA in Economics syllabus, MA Economics subjects list, MA Economics entrance exam, the scope of MA Economics, MA Economics fees, and MA Economics subjects.

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Highlights - Master of Arts in Economics

ParticularsValues

Degree Name

MA in Economics

Degree Type

Postgraduate

Degree Duration

2 years

Entrance Exams

CUET-PG

Eligibility Criteria

Graduation with a degree in B.A. in Economics or a minimum percentage of 50% at the level of graduation is required

Admission process

Entrance Exam/ Undergraduate qualification in economics or any discipline from a recognised university

Fees for the entire duration

Rs. 1,530 to Rs. 26,000

Average Salary

Rs. 4.7 LPA

Job profiles

Professional Economist, Data Analyst, Equity Analyst, Financial Planner, Professional Economist, etc.

Top recruiters

ICICI Bank, RBI, Citi Bank, Kotak


Eligibility Criteria of MA Economics

The MA Economics Eligibility criteria are almost the same for every university. Various private and government colleges in India offer MA Economics degree programmes. The MA Economics eligibility criteria for these colleges are set by the admission conducting authorities. Some of the common MA Economics eligibility criteria defined by these universities are mentioned below:

  • The candidate must have completed a degree in B.A. in Economics, Bachelor of Economics, or B.Com.
  • There are few colleges that accept students who have studied Economics in other degree courses.
  • Candidates must have obtained a minimum aggregate score of 50 per cent or 60 per cent as that is the minimum requirement of almost all the colleges in India. The minimum aggregate marks may vary depending on the institute.

Admission Process of MA Economics

Depending on the university, the MA Economics the admission procedure of MA Economics may differ. Some colleges accept candidates based on the results of the entrance exam and marks obtained in 10+2 the MA admission to other institutions is based on merit. Before applying for the admissions, the candidates need to meet the eligibility requirements of the MA Economics course.

  • Candidates can apply for the MA Economics admissions by going to the institution, completing the MA Economics application form, and providing all required documents.
  • Students can also apply by visiting the college's website, completing the MA Economics programme application form, and submitting all required documentation.
  • For some colleges, candidates need to appear for the entrance examination for the MA Economics admission such as CUET PG exam.
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Top Entrance Exams for MA Economics

CUET PG: CUET PG or Common University Entrance Test-PG is conducted by NTA (National Testing Agency), a national-level entrance examination for admission to various master's degree programmes. The score of the CUET-PG entrance examination is accepted by 47 central universities in India.

Cutoff of MA Economics for Top Colleges

The cutoff for admission to the MA Economics courses depends on the college. The cutoff is released after the completion of the entrance exam, candidates can check it on the official website of the respective college or university. Generally, these cutoff marks are not released publicly. The MA Economics cutoff also depends on the prestige and stature of the institute, difficulty level of the exam, and number of applicants.

Skills Required for MA Economics

Students interested in pursuing an MA Economics degree programme need to have a diverse set of skills to understand and apply the knowledge learned in MA Economics course. These skills are required for a successful career in the future. In the table below we have mentioned some important skills necessary for the MA Economics course.

  • Numerical Accuracy
  • Observation Skills
  • Leadership
  • Critical Thinking
  • Decision-Making Skills
  • Leadership

Syllabus of MA Economics

The MA in Economics syllabus is similar as every college follows the UGC syllabus structure but the subjects can vary depending on the curriculum. MA in Economics syllabus encompasses not just micro and macroeconomic theories but also public finance, trade, financial economics, and environmental studies. The MA Economics subject of Ravenshaw University has been discussed in the following table..

Semester 1

Microeconomics Analysis-I

Public Economics-I

Economics of Growth & Development-I

Macroeconomic Analysis-I

Basic Econometrics-I

-

Semester 2

Microeconomics Analysis-II

Public Economics-II

Economics of Growth & Development-II

Macroeconomic Analysis-II

Basic Econometrics-II

-

Semester 3

Indian Economic Policy-I

International Economics-I

Economics of Environment-I

Optional-1-I

Optional-2-I

-

Semester 4

Indian Economic Policy-II

International Economics-II

Economics of Environment-II

Optional-1-II

Optional-2-II

-

Elective Subjects

Mathematical Optimisation

Advanced Econometrics – I

Agricultural Economics – I

Financial Institutions and Markets – I

Game Theory and Strategic Behaviour

Advanced Econometrics – II

Agricultural Economics-II

Financial Institutions and Markets – II

Fee Structure for MA Economics

The fee structure for an MA Economics course depends on various factors such as whether the institute is public or private, and the location of the institute. The course fee in public universities is comparatively less than in private universities. Candidates should visit the official website of the desired institute to check the course fee details. The average fee of MA Economics course range from Rs. 1,530 to Rs. 26,000.

Scope of MA Economics

The scope of MA Economics is quite extensive, as every company has a financial department that requires skills graduates from the fields of finance and economics. MA Economics course is closely related to marketing, finance, market operations, and functioning of an economy as a whole.MA Economics professionals should have a good academic record to secure jobs as economists in both government and private sectors.

Career Options after MA Economics

MA Economics opens up a diverse career path; they can find roles in financial departments of companies, market research firms, government agencies. The MA Economics graduates can work as economics, financial analysts, market researchers, and data analysts. The course also prepares students for entrepreneurial ventures. Mentioned below are some of the career options.

Research Analyst: A research analyst is responsible for investigating reports on securities and producing helpful information for employers. He or she also helps in examining data and producing helpful information for employers to improve the growth of the firm.

Data Analyst: A data analyst collects, cleans, and studies data sets. Along with that, he or she conducts surveys to acquire relevant information and presents those collections into charts and graphs to know the growth and improvement areas of the organisation.

High School Teacher: A high school teacher makes students familiar with all aspects of economics given in the curriculum. He or she conducts tests and project work to ensure the learning of students. A high school teacher can work in both public and private educational institutions.

Economist - An economist is a person who studies the creation, use, and transfer of wealth in order to apply what they have learnt and have an impact on the levers of contemporary society. The duties of an economist include collecting and analysing data, looking into trends, and evaluating issues with resources, goods, and services.

Top Recruiters:

  • American Express
  • Morgan Stanley
  • Deutsche Bank
  • McKinsey
  • Deloitte
  • KPMG
  • EY
  • Goldman Sachs
  • HDFC

Benefits of Studying MA in Economics

The study of Economics provides students with a statistical and mathematical perspective, it enables them to evaluate and analyse statistical facts and data to predict the potential outcome. Due to the versatility and depth of the courses offered, MA Economics can serve as the foundation for several high-paying professions.

Salary after MA Economics

The salary of an individual depends on various factors such as skills, knowledge, college, and others. It also depends on the level of education and extracurricular of a college. Mentioned below are the average salaries of some of the top career options in the field of MA Economics degree programmes.

Job ProfilesAverage Salary

Research Analyst

Rs. 4.7 LPA

Data Analyst

Rs. 6.3 LPA

Economist

Rs. 16.1 LPA

Financial Analyst

Rs. 5.9 LPA

Source: AmbitionBox

List of Top MA Economics Colleges in India with Fees

MA Economics degrees are offered by several universities in India. Admission is based on academic credentials and admissions test scores. In the table below we have mentioned the MA Economics colleges in India and the MA Economics fees.


Top Private MA Economics Colleges in India with Fees

There are several private colleges in India that offer MA Economics programmes. The fees of a private university are significantly higher than that of a public university. In the table below we have mentioned the private MA Economics colleges in India and the MA Economics fees:

CollegesFees

Adarsha Science Jairamdas Bhagchand Arts and Birla Commerce Mahavidyalaya

Rs. 11,140

Adarsh College Sangli

Rs. 18,060

Agrawal PG College

Rs. 26,000

New Arts College Ahmednagar

Rs. 20,790

Alankar Mahila PG Mahavidyalaya

Rs. 22,000


Top Government MA Economics Colleges in India with Fees

Compared to private institutions, government-run colleges have lower tuition prices. These colleges are well-known in India for their high-quality education. In the table below we have mentioned the government MA Economics colleges in India and MA Economics fees:

CollegesFees

Baharagora College

Rs. 1,530

Bhadrak Autonomous College

Rs. 4,880

Bherulal Patidar Government PG College

Rs. 2,720

BKSN Government College

Rs. 6,630


An MA in Economics course offers a broad understanding of economic theories and principles. The course equips the students with analytical skills to predict market trends and economic outcomes. The course also opens diverse career options in finance, policy making and research, making it a valuable career choice for the students.

Frequently Asked Questions (FAQs)

Q: What are MA economics eligibility criteria?
A:

Candidates aspiring for admission to MA Economics are required to complete a bachelor’s degree in e or a similar field.

Q: What is the admission process for MA Economics?
A:

The MA Economics admission process is both merit based and entrance based. 

Q: What is the average fees of MA economics?
A:

The average fees for admission to MA Economics is around Rs. 10,000 to Rs. 1 lakh for the entire duration. 

Q: What is the average salary for MA economics graduates?
A:

The average salary for an MA economics graduate is around Rs. 4 lakh to Rs. 6 lakh per annum.

Q: What is the scope of MA Economics?
A:

The scope of MA economics is quite decent. There are a plethora of employment opportunities for students after graduation in MA economics.

Q: What are the top recruiters of MA Economics graduates?
A:

ICICI Bank, RBI, Citi Bank, Kotak are some of the top recruiters of MA Economics graduates.

Q: What is MA Economics?
A:

MA Economics is a masters degree which deals with various topics in economics including finance, investment banking, and accounting management. 

Q: What is the total duration of MA Economics?
A:

MA Economics is a two year full-time degree segregated into four equal semesters of six months each.

Q: What are the top entrance exams for MA Economics?
A:

BHU PET, DUET are some of the top entrance exams for admission to MA economics. 

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Questions related to M.A.

On Question asked by student community

Have a question related to M.A. ?

Hello dear candidate,

YES, as an physics postgraduate you can do MA Bharatanatyam as you have certificate in Bharatanatyam from the IGNOU which makes you eligible.

I hope you find it helpful.

Thank you.

Hello,

Yes, you can fill the CNET form even if you have 46% in Class 10th.
There is no minimum percentage requirement in Class 10th for CNET.
Eligibility is mainly based on Class 12th subjects and marks.

Hope it helps !

Hey! You have entered your name incorrectly as Tanish instead of Tanish Kumar in SSC OTR, that’s why you are not able to fill the Delhi Police Constable form. In this case, you need to contact SSC helpdesk immediately or visit your regional SSC office to get the correction done.

Make sure to carry/attach your valid ID proofs like Aadhaar card, 10th certificate etc. for verification. If the online correction option is closed, then you will have to submit a written application with documents. Don’t delay, otherwise you may miss the form submission.

Hello there!

You can look for syllabus provided to you by your institution and contact them for your syllabus. If you could provide me with more details i can help you better.

Best of luck

No, Government Degree College (GDC) Barsar does not offer a Master's (MA) in Economics. The college provides undergraduate courses such as B.A. with Economics as a major subject. For postgraduate studies in Economics, you would need to consider other institutions that offer an M.A. in Economics.

If you're interested in pursuing an M.A. in Economics, you might explore other colleges in Himachal Pradesh that offer this program, such as Government College Chamba, Government College Dharamshala, or Government College Kullu. These institutions offer M.A. in Economics and could be suitable options for your postgraduate studies.