What is Applied Econometrics: Full Form, Course Duration, Admission 2025, Colleges, Salary & Scope

Applied Econometrics is a branch of Economics and Mathematics, especially statistics in describing economic systems. study of Applied Econometrics is application of statistical methods to economic data in order to provide empirical content to economic relationships. Applied Econometrics uses theoretical econometrics and data for assessing theories, developing econometric models, analyzing history and forecasting. Students who opt for a course in Applied Econometrics, need to understand methods, theories and types of models that are used to for observational data.

topics studied in course include analysis of matching methods, identification of average, local average and marginal treatment effects using instrumental variables, control experiments, post-estimation diagnostics, binary choice models and binary classification methods and more. courses are generally complimented with computing exercises using real data in R or Stata.

Students who aim to take up course, should have knowledge of quantitative research methods or introductory statistics, up to linear regression analysis.

Given below in table are list of similar fields available in Applied Econometrics:

Applied Econometrics Similar Fields
Mathematics	Statistics
Economics	Physics

Eligibility Criteria for Applied Econometrics

Given below in table are list of Applied Econometrics courses:

Course	Duration	Eligibility Criteria
MA in Econometrics	2-Years	candidate should have passed their Bachelors in Economics with Mathematics/Statistics/Physics/Engineering from a recognised university and should have secured a minimum of 50%.
Diploma in Econometrics	1-Year	candidate should have done their Class 12 in Science or Commerce from a recognised board and should have secured a minimum of 45%.
PG Diploma in Applied Econometrics	1-Year	candidate should have done their graduation in BCom or Bachelors in Economics/Mathematics/Statistics/Physics/Engineering from a recognised university and should have secured a minimum of 50%.

Entrance Examinations for Applied Econometrics

students keen on pursuing their career in this field need to qualify in any of following examinations. admission procedure varies from college to college. Some college give admission on basis of merit, while many others consider score of entrance tests mentioned below: 

• National Eligibility Test (NET)
• Delhi University entrance test
• Jawaharlal Nehru University Entrance Exam
• BHU M.A. entrance exam for Economics
• Pune University Entrance
• Madras School of Economics Entrance Exam
• Mumbai University Entrance Test
• IGNOU Entrance Test

Admission Process

Chose University/College: first step is to search for colleges or universities which are offering courses. Check fees, seats offered, eligibility criteria which is set for course.

Apply for Course: Proceed to apply for admission after getting to know university offering programme. Fill up details as required and pay application fee. application forms are available for a limited period of time so candidate is advised to know details way in advance.

Mode of Admission: Universities and Colleges will either conduct entrance exams for admission or offer admission through merit. For postgraduate courses, candidate will have to appear for an entrance exam.

Results: Selected and qualified candidates make merit list. student has to get desired rank and percentage, to be eligible for admission.

Counselling: candidate will have to appear for counselling session conducted at university to book their seat, submit their documents and pay fees to seal admission.

Colleges Offering Applied Econometrics

Given below in table are list of colleges offering Econometrics courses:

College	Course
IIT Delhi - Indian Institute of Technology	Certificate Course in Econometrics for Business Decisions
UNOM - University of Madras	MA in Econometrics
SSE Pune - Symbiosis School of Economics	PG Diploma in Quantitative Economics
Andhra University, Visakhapatnam	MA In Econometrics
Arignar Anna Institute of Science and Technology	MA in Econometrics
Assam University, Silchar	MA in Econometrics
Gurukul Institute of Management and Technology	MA in Economics
Osmania University College for Women	MA in Econometrics
SVU - Sri Venkateswara University	MA in Econometrics

Job Profiles after Applied Econometrics

Given below in table are list of career opportinities available for Applied Econometrics graduates:

Job Profiles after Applied Econometrics Course
Economist	Global Economist
Quantitative Analyst	Economic Developer
Forecast Analyst	Financial Research Analyst
Teacher	Auditor
Statistician	Computer Programming
Finance	Logistics and Infrastructure
Investment Banking	Software Developer

Top Recruiters for Applied Econometrics

students can find work in below-mentioned areas after completing course in Applied Econometrics:

• Banks
• Universities/Colleges
• Financial Institutes
• Government offices
• Private companies
• Research Centres

Following are the most popular Applied Econometrics Colleges in India. Learn more about these Applied Econometrics colleges (Courses, Reviews, Answers & more) by downloading the Brochure.

Following are the most popular Applied Econometrics PG Courses . You can explore the top Colleges offering these PG Courses by clicking the links below.

Following are the top exams for Applied Econometrics. Students interested in pursuing a career on Applied Econometrics, generally take these important exams.You can also download the exam guide to get more insights.