MSc Economics Admission 2023-24: The Master of Science in Economics is a two-year postgraduate program. It is divided into 04 semesters. In this course, students will learn about the appropriation, distribution, and expansion of wealth and goods. Graduates in economics can find employment as financial analysts, economists, and financial managers, among other jobs. Admissions to the MSc in Economics have been pushed annually.
The interaction of economic agents and the production, distribution, transfer, and consumption of goods are the focus of an MSc in Economics.
- Full-Form:Ā Master of Science in Economics.
- Selection Process:Ā Entrance Exam/Merit
- Eligibility:Ā Graduation with a minimum of 60% in Economics.
- Entrance Exams: IBAB, GIPE, and JAM are some of the Entrance Exams.
- Top Colleges: The most popular institutes for this curriculum are IGIDR Mumbai and IIT Kharagpur. M.Sc Economics is available at Panjab University.
- Average Fee: INR 10K to 60K per year
- Salary Offered: 03 to 12 lakhs per annum(LPA)
- Top Recruiting Areas: Financial Departments, Educational Institutes, Financial Companies, Audit Departments, Stock Exchanges, etc.
- Top Job Profiles: Business Development Manager, Senior Quantitative Analyst, Market Access Manager, Teacher, Economist, etc.
MSc Economics Admission Highlights
| Course Name | MScĀ Economics |
| Admission Process | Mostly Merit-Based, but few colleges take entrance exams of their own |
| Course Level | Post-graduate |
| Course Mode | Regular/Distance |
| Full-Form of MSc Economics | Masters of Science in Economics |
| Duration | 2 Years |
| Average Salary Offered | 03 to 12 lakhs per annum(LPA) |
| Average Fees Incurred | INR 10K to 60K per year |
| Eligibility | Graduation with honors in Economics. |
MSc Economics Admission 2023-24
- Admissions to MSc Economics are offered based on the score secured in entrance exams.
- MSc Economics is a PG course in economics that is offered for a duration of two years. It offers students a detailed view of the financial and administrative markets while still honing their academic abilities.
- The study of how goods and services are created, delivered, and consumed is known as economics. The MSc in Economics program instructs students on the most up-to-date economic values.
- This course is popular among students who are interested in the global economy and related fields. The MSc Economics syllabus contains the study of Utility theory, Theory of Production, Costs Production function, Price and Output Determination, Oligopoly Models, National Income Circular flow, Investment Functions, etc.
- M.Phil and Ph.D. in Economics are higher studies after completing MSc in Economics.
Eligibility For MSc Economics Admission
- Candidates for the MSc Economics program must have a bachelor’s degree in economics or a similar area.
- BSc, BBA, BA, or BBA in Economics are suitable degrees for applying to this PG program.
- Admissions to MSc Economics are entrance exam-based.
- Popular preadmission tests for this course are TISSNET, TSCPGET, and CUCET.
FŠµŠµ Structure of MSc Economics Admission
The average tuition fee charged for MSc Economics is about INR 10K to 60K per year.
MSc Economics Admission Entrance Exams
- Joint Admission Test (JAM)
- GIPE M.Sc. Entrance Test
- GIPE B.Sc Entrance Exam
- IBAB Entrance Test (M.Sc)
Salary Offered
The professionals in MSc Economics can avail of an average salary of about 03 to 12 lakhs per annum(LPA).Ā MSc Economics employment areas are Financial Departments, Educational Institutes, Financial Companies, Audit Departments, Stock Exchanges, etc.
Job Profiles
Business Development Manager, Senior Quantitative Analyst, Market Access Manager, Teacher, Economist, etc.
Types of CŠ¾urŃŠµ
Full Time
MSC Economics is a full-time and PG course.
Part-Time/Online
The MSc in Economics is also offered in distance education/ online mode.
MSc Economics Admission Syllabus
| Semester 1 | Semester 2 |
| Environment and Economic Development | Game Theory |
| Quantitative methods | Economics of Natural Resources |
| Macroeconomics | Econometrics |
| Microeconomics | Indian Economic Development |
| Basic Concepts and Applications | Study of mathematical models of conflict and cooperation between intelligent rational decision-makers |
| Mathematical modeling, optimization, game theory, statistics and econometrics. | Economic development of India |
| Economics is concerned with large-scale or general economic factors. | Economics is concerned with the use of mathematical methods (especially statistics) in describing economic systems |
| Economics is concerned with single factors and the effects of individual decisions. | – |
| Semester 3 | Semester 4 |
| Advanced econometrics | Indian agriculture in global setting |
| Trade and the Environment | Ecological economics |
| Time series and regression of analysis | Study theory |
| Microeconomics II | Address the interdependence and coevolution of human economies and natural ecosystems over time and space |
| Advanced concepts and applications | – |
| Basic concepts | – |
| Concepts and applications | – |
| Advanced concepts | – |
