Economics

Radhika SharmaAssociate Senior Executive
Economics is an important subject for students who want to build a career around business and management. Economics teaches candidate about the various factors working around the financial institutions in India and all over the world. The change we are witnessing today revolving around the economics of the country makes this course more important than ever. There are excellent opportunities in this course after graduation or masters. With its main focus on money and finance, a degree in economics will give you an insight into the financial conditions of the country and its institutions, meaning that after graduation you will have skills that will help you attract good jobs and packages. Although mostly, students go for MBA/PGDM after graduation in Economics, but even without MBA, you can get your dream job. Candidates can get a deep insight about the career prospects in Economics in this article.
Eligibility for Economics
Candidates must have completed their 10+2 with a minimum of 50 per cent marks in any stream from a recognised board can enroll themselves in bachelor course. Whereas for pursuing a master course in Economics, one should have a bachelor degree in Economics with a minimum of 50 per cent marks from a recognised university. If a student wants to pursue a doctoral degree in Economics, the candidate should hold a master’s degree from a recognized university and should clear UGC-NET. There are several colleges that offer Bachelors and Masters degree in Economics such as Shri Ram College of Commerce (SRCC), Lady Shri Ram College for Women, Christ University, Bangalore, St. Xaviers Bangalore, Presidency College etc. Candidates are advised to check the eligibility criteria for the college before applying for admission.
Entrance Exams for Economics
Most renowned colleges shortlist aspirants for admission in Economics courses offered by them on the basis of their performance in an entrance exam. Candidates qualifying the written exam have to then appear for counselling. Some popular entrance exams for Economics courses conducted in India are listed below:
Read More: Career in Economics
Skillset Required for Economics
The candidates aspiring to pursue Economics must possess the following skills:
Skillset Required for Economics | |
---|---|
Research Skills | Interpersonal skills |
Analytical Skills | Numerical Ability |
Teamwork | Generate new ideas |
Statistical Skills | Result-oriented |
Courses Offered in Economics
Through the study of Economics, one gets an opportunity to know about the Indian economy and its financial institutions. This topic helps to understand the mechanism behind the financial institution. Courses related to this subject introduce understanding of macroeconomics and microeconomics and development in various fields etc. Some of the courses offered in Economics are given below:
Course |
Duration |
---|---|
BA (Hons) Economics |
3-Years |
BA Economics + Commerce |
3-Years |
BSc in Economics |
3-Years |
MA in Economics |
2-Years |
MA in Applied Economics |
2-Years |
MSc in Agricultural Economics |
2-Years |
Integrated MA in Economics |
5-Years |
MA Economics with specialization in Energy Economics |
2-Years |
BSc in Economics with Data Science |
2-Years |
BSc in Politics, Economics and Analytics |
2-Years |
PhD in Economics |
2-Years |
MPhil in Economics |
2-Years |
Planning to study Humanities in India? Find useful insights on student preferences for colleges, locations and more. |
Syllabus for Economics
The curriculum of economics course varies from college to college. Apart from this, the curriculum also depend on the degree that is offered to candidates on completion of the course. Here is the common syllabus for courses available in Economics.
BA (Hons) in Economics |
|
---|---|
Semester I |
|
Semester II |
|
Semester III |
|
Semester IV |
|
Semester V |
|
Semester VI |
|
MA In Economics |
|
Semester I |
|
Semester II |
|
Semester III |
|
Semester IV |
|
Top Colleges for Economics
Economics is a very popular and sought-after course by students. Every year, students compete for seats in the top institutions offering various courses in Economics. Some of these top-colleges are:
Madras Christian College | Chennai |
Mithibai College | Mumbai |
St. Xavier's College | Mumbai |
Mount Carmel College | Bangalore |
Gargi College | Delhi |
Stella Maris College | Chennai |
Daulat Ram College | Delhi |
Sri Venkateswara College | Delhi |
Symbiosis University | Pune |
Kristu Jayanti College | Bangalore |
Top Job Profiles for Economics
After studying Economics, students get a good knowledge of Indian economy, agricultural economy and industrial economy. Students who want to make their career in business and commerce and banking sectors can really do wonders with the help of the courses available in Economics. One should also possess analytical ability, problem-solving and logical reasoning ability to advance in this field. After completing a bachelor or a master-level course candidates can become:
- Sales Analyst
- Economics Researcher
- Economist
- Investment Analyst
- Investment Administrator
- Customer Profit Analyst etc.
After completing the course students can become valuable assets for the companies and institutions such as the Ministry of Economic Affairs, the Reserve Bank of India, the Indian Economic Services. The course in Economics really offers some great career scope with good perks and salaries.
Top Recruiters for Economics
The top recruiters for Economics graduates are:
- Infosys
- Reliance Industries
- Tata Consultancy Services
- Deloitte
- KPMG
- The Economist
- The World Bank
- IMF
- CRISIL
- Ministry of Finance
Also Read: Top Economic Courses in India
Frequently Asked Questions (FAQs) on Economics
Q. What are the popular courses in Economics?
Q. Can I get a job after BA in Economics?
Q. What is the requirements for admission in MA Economics?
Q. What is the admission process for studying Economics in a college or university?
Q. Which are the popular entrance exams in India for Economics?
- JMI Entrance Exam
- BHU UET
- PUBDET
- DUET
- BHU PET.
Q. What is the duration of a UG courses in Economics?
- Mathematical Methods for Economics
- Statistical Methods for Economics
- Introductory Econometrics
- Development Economics
- Money and Financial Markets
- Public Economics
Q. Can I pursue PhD in Economics and what is the procedure for the same?
Q. What are the job profiles available after pursuing a course in Economics?
- Sales Analyst
- Economics Researcher
- Economist
- Investment Analyst
- Investment Administrator
- Customer Profit Analyst
Q. What is the average salary in this field?
- Investment Analyst: INR 4.5 LPA
- Economist: INR 6.8 LPA
- Research Associate: INR 6 LPA
- Research Assistant: INR 4 LPA
- Post Graduate Teacher: INR 5 LPA
- Assistant Professor: INR 7 LPA
Q. What are the top colleges offering courses in Economics?
Q. Which are the top recruiters for Economics graduates?
- Deloitte
- KPMG
- The Economist
- The World Bank
- IMF
- CRISIL
- Ministry of Finance
Popular Economics Colleges in India
Popular Private Economics Colleges in India
Economics Applications open till Jan 31, 2023. Apply Now
Most Popular Courses
Popular Courses
- B.A. in EconomicsLoyola College
- M.A. in EconomicsLoyola College
- B.A. (Hons.) in EconomicsHindu College, University of Delhi
- B.A. in EconomicsMithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics
- Discontinued (Oct 2022) - B.A. (History, Economics)Hansraj College, University of Delhi
- B.A. (Hons.) in EconomicsHansraj College, University of Delhi
- B.A. (Hons.) in EconomicsLady Shri Ram College for Women, University of Delhi
- B.A. (Economics, History)Lady Shri Ram College for Women, University of Delhi
- B.A. (Hons.) in EconomicsMiranda House, University of Delhi
- B.Sc. (Hons.) in EconomicsCHRIST (Deemed to be University) - Delhi NCR Campus
Popular Economics UG Courses in India
UG Courses
- B.A.
2614 Colleges
- BBA
381 Colleges
- B.Sc.
259 Colleges
- B.A. (Hons)
25 Colleges
- B.Com
24 Colleges
Popular Economics PG Courses in India
PG Courses
- M.A.
1600 Colleges
- MIM
263 Colleges
- M.Sc.
79 Colleges
- PG Diploma
19 Colleges
- MBA/PGDM
16 Colleges
Popular Economics Specializations in India
Popular Specializations
Top Ranked Colleges by Location
News & Updates
Comments
V
I want to know about the fee structure at Arya Kanya Mahavidyalya for M.A. in Economics.
The fee structure is around 20K-24K ( for 2 Years).
H
I want to know about the latest cutoff information for M.A. in Economics at BHU.
Categories
General- 1540
OBC- 595
SC- 171
ST- 82
D
I want to know about the latest cutoff information for B.A. (Hons.) in Economics at Christ University Bangalore.
Basic eligibility for the programme is a pass with minimum 55% at the +2 level
H
I want to know about the latest cutoff information for M.A. in Economics at Pondicherry University.
Hey there,
For M.A. in Economics at Pondicherry University you need a minimum of 70 percentage in your graduation or equivalent.
M
I want to know about the latest cutoff information for B.A. in Economics at Jadavpur University .
Cutoff Information for B.A. in Economics at Jadavpur University is For Genarel Students 10+2 Marks is 78 and Score 50.5. And OBC Students 10+2 marks 81.25 and score 49.62 .
Department of Economics, Jadavpur University does not conduct an entrance exam. It publishes a merit list according to the marks obtained in the 10+2 exam. More weightage is given to the marks obtained in mathematics. One must add the marks obtained in maths with the total marks and make a percen...Department of Economics, Jadavpur University does not conduct an entrance exam. It publishes a merit list according to the marks obtained in the 10+2 exam. More weightage is given to the marks obtained in mathematics. One must add the marks obtained in maths with the total marks and make a percentage of her marks out of 600. Then on the day of admission according to the merit list, students are called upon as long as the seats are not filled. Generally, there are 30 to 35 seats available in the general category. 15/20 in schedule caste, schedule tribe and sports quota.
A
I have done my M.Com from marketing and finance. Can I apply for UGC NET in economics?
Yes, you can appear for UGC NET in commerce if you have done. The eligibility criteria will remain same. You can visit the official website of UGC NET.
T
What should I take as my domain subjects in CUET for B.A. Economics at Delhi University?
A
I want to know about the latest cutoff information for B.A. (History, Economics, Political Science) at Christ University Bangalore.
12thN/ACandidate must have passed 10+2 from (Karnataka PUC / ISC / CBSE / NIOS / State Boards) any recognized Board in India.CU Skill Assessment TestN/AInternational students' eligibilityApplicants pursuing IB curriculum must have 3 HL and 3 SL with 24 credits. Applicants pursuing GCE / Edexcel m...12th
N/A
Candidate must have passed 10+2 from (Karnataka PUC / ISC / CBSE / NIOS / State Boards) any recognized Board in India.
CU Skill Assessment Test
N/A
International students' eligibility
Applicants pursuing IB curriculum must have 3 HL and 3 SL with 24 credits. Applicants pursuing GCE / Edexcel must have a minimum of 3 A levels, grade not less than C.
S
I want to know about the latest cutoff information for B.S. in Economics at IIT Bombay.
The latest cutoff information for B.S. in Economics at IIT Bombay-
Opening rank: 749 and closing rank: 4431
X
Which state is best to study economics course? I want to get out of Bihar for higher studies. I want to study economics.
S
Can I get admission to JCC for B.A. (H) in economics without mathematics?
Students who want to succeed in banking, finance, and other key corporate fields seek the three-year Bachelor of Arts in Economics B.A. Degree programme. A JCC Rohini undergraduate programme called Banking & Finance is intended to give students the specialised skills they need to become c...Students who want to succeed in banking, finance, and other key corporate fields seek the three-year Bachelor of Arts in Economics B.A. Degree programme. A JCC Rohini undergraduate programme called Banking & Finance is intended to give students the specialised skills they need to become competent in the financial sector. This programme is designed to give students specialised knowledge of banking and finance operations such as international banking and finance, Treasury Operations, Risk Management, Investment Banking, Wealth Management, Project & Infrastructure, Retail Banking, E-Banking, etc. In addition to knowledge of basic management concepts. A thorough curriculum covering in-demand New Age Banking & Finance skills is necessary since the world of banking and finance is developing at an unheard-of rate. After earning a degree, the student has a wide range of employment opportunities, including working for finance companies, mortgage companies, insurance companies, and companies in manufacturing, export/import, operations management, financial management, and other related industries.
F
I want to know about the latest cutoff information for B.A. (Hons.) in Economics at AMU.
Course
Cutoff Percentage
B.Sc (Hon) Home Science
50%
B.A (Hon)
50%
B.Com (Hon)
50%
K
I want to know about the fee structure at Maharani’s Arts College for Women for M.A. in Economics.
V
When will the M.Com 2024 admissions going to start at Narsee Monjee College of Commerce & Economics?
S
I have not submitted my 3rd semester fees. Can I continue my admission at 3rd EYE Academy for Financial Studies at Financial Planner?
Hey,
If you have failed to appear in your 3rd semester, then you won't be able to continue from the same semester as per NEP. But if you pay the fees in one year, then you'll be declared failed in the semester and can give re exams in the next semester.
d
Which is the best book to prepare for the KVS exam for PGT economics?
A list of the best books for Economics is mentioned below;1- Indian Economy by Ramesh Singh2- Indian Economy Key Concepts by Sankarganesh K. 3- Objective Economics (Theory and Multiple Choice Questions) For Competitive Exams by Prof. Antara Gupta. 4- Indian Economy for Civil Services, Universitie...A list of the best books for Economics is mentioned below;
1- Indian Economy by Ramesh Singh
2- Indian Economy Key Concepts by Sankarganesh K.
3- Objective Economics (Theory and Multiple Choice Questions) For Competitive Exams by Prof. Antara Gupta.
4- Indian Economy for Civil Services, Universities, and Other Examination by Ramesh Singh.
5- The Indian Economy by Sanjiv Verma. I hope this will help you.
The best book is R. Gupta's. This book is the best for PGT Economics.
A
I want to know about the fee structure at Government Arts College, Bangalore for M.A. in Economics.
S
Which colleges in Punjab have admissions open for Law or Economics?
Chandigarh University Institute of Legal Studies (UILS) is a recognised institution for legal research and teaching that has been approved by the Bar Council of India. It is considered one of the greatest law colleges in Punjab. Students at the University School of Legal Studies are taught the sp...Chandigarh University Institute of Legal Studies (UILS) is a recognised institution for legal research and teaching that has been approved by the Bar Council of India. It is considered one of the greatest law colleges in Punjab. Students at the University School of Legal Studies are taught the spirit of the fundamental laws, procedural law procedures, client counseling strategies, and research abilities in the legal and social sciences.
V
How I get admission in M.Sc. in Economics at IIT JAM?
A student can score minimum 55% marks. Till the year 2021, the eligibility criteria for IIT JAM stated that candidates should secure a minimum 55 per cent aggregate or 5.5 CGPA/CPI out of 10 for General/OBC (NCL)/EWS category candidates and 50 per cent aggregate or 5.0 CGPA/CPI for the reserved c...A student can score minimum 55% marks. Till the year 2021, the eligibility criteria for IIT JAM stated that candidates should secure a minimum 55 per cent aggregate or 5.5 CGPA/CPI out of 10 for General/OBC (NCL)/EWS category candidates and 50 per cent aggregate or 5.0 CGPA/CPI for the reserved category candidates. after qualifying iit jam you will get further details about joining .
E
Can female students apply to Loyola college Chennai for B.A. Economics?
Unfortunately, girls can not apply for B.A. Economics course in Loyal college, Chennai.
P
I did my PGDBA in 2008 with specialisation in marketing and finance. Can I do Ph.D. in economics?
P
I did my MBA in Finance. Can I choose economics subject for NET exam? What other subjects can I choose?
E
I want to know about the latest cutoff information for B.A. in Economics at Loyola College.
Lastest cut off is 96%
T
What are the career opportunities after B.Sc Economics? What is the scope?
Common career paths for economics graduates include:EconomistFinancial risk analystData analystFinancial plannerAccountantEconomic researcherFinancial consultantInvestment analystActuaryPublic sector rolesFinancial SectorsFood IndustryForeign TradeInternational PortsSEBIMentioned below are some B...Common career paths for economics graduates include:
Economist
Financial risk analyst
Data analyst
Financial planner
Accountant
Economic researcher
Financial consultant
Investment analyst
Actuary
Public sector roles
Financial Sectors
Food Industry
Foreign Trade
International Ports
SEBI
Mentioned below are some B.Sc. Economics jobs salary packages -
Accountant - INR 5 LPA
Banker - INR 7 LPA
Audit Officer - INR 12 LPA
Finance Consultant - INR 10 LPA
Professor - INR 6 LPA
Government Jobs for B.Sc. Economics Aspirants -
The average salary of B.Sc. Economics aspirants is around INR 7 LPA. B.Sc. Economics Government jobs are available for the aspirants in designation wise are mentioned below -
Some Top Government Companies
Bihar Public Service Commission Assistant Audit Officer - INR 7 LPA
Department of Economic Affairs Deputy Director - INR 7.8 LPA
Union Public Service Commission Indian Economic Service - INT 9.2 LPA
Institute of Chartered Accountant of India Senior Officer - INR 11 LPA
Enforcement Directorate Officer - INR 12 LPA
Private Jobs for B.Sc. Economics Aspirants
The average salary of the graduates is around INR 7 LPA. Job after B.Sc. Economics in India for the private companies are:
Some Top Private Companies
Kotak Mahindra Bank Jr Economist - INR 5.5 LPA
Marquee Equality Analyst - INR 5.6 LPA
IOB Senior Economist - INR 7 LPA
Oracle Research Analyst - INR 6 LPA
IMA India Economist - INR 9 LPA.
A
Which are the part-time colleges for M.A. Economics in New Mumbai?
A list of the part-time colleges for Master of Art Economics in New Mumbai are listed below:1- SNDT Women's University, Centre of Distance Education (SNDTCDE), Mumbai. 2- Shivaji University Directorate of Distance Education (DDE), Kolhapur. 3- Swami Ramanand Teerth Marathwada University, Director...A list of the part-time colleges for Master of Art Economics in New Mumbai are listed below:
1- SNDT Women's University, Centre of Distance Education (SNDTCDE), Mumbai.
2- Shivaji University Directorate of Distance Education (DDE), Kolhapur.
3- Swami Ramanand Teerth Marathwada University, Directorate of Distance Education (DDE), Nanded.
4- University of Mumbai, Institute of Distance & Open Learning, Mumbai. I hope this will help you.
Here is the list of part-time colleges for M.A. Economics in New Mumbai:
1. B. K. Birla College of Arts, Science and Commerce, Kalyan West, Mumbai.
2. B. K. Birla College of Arts, Science and Commerce, Thane.
3. National College, Thane West, Thane.
b
What is the admission process for MA economics in Banaras University?
The Banaras Hindu University shall conduct Postgraduate Entrance Tests, hereinafter called week of May and 1st week of June, 2013 for admission to various Postgraduate Courses as given hereunder for the Session 2013-2014. Admissions will be made according to merit in the PET, subject to fulfilli...The Banaras Hindu University shall conduct Postgraduate Entrance Tests, hereinafter called week of May and 1st week of June, 2013 for admission to various Postgraduate Courses as given hereunder for the Session 2013-2014. Admissions will be made according to merit in the PET, subject to fulfilling of eligibility requirements mentioned below and availability of seats in the particular Course for which the candidate has applied for and appeared in the Entrance Test. Admission Process
Admission is through counseling based on the rank obtained in Banaras Hindu University Postgraduate Entrance Test BHU PET conducted by the university.
F
I want to know about the fee structure at KMCT Arts and Science College, Kuttippuram for B.A. in Economics.
The fee structure at KMCT Arts and Science College, Kuttippuram for B.A. in Economics is INR 90,000.
A
Which colleges in Mumbai offer M.A. in Economics or Public administration under reasonable fees?
G
Which colleges in khammam offer B.A. History, Economics, Public administration course with affiliation to Osmania university?
A list of colleges in khammam that offers B.A. In History, Economics, Public administration course with affiliation to Osmania university. 1- Bhavan's Vivekananda College of Science Humanities and Commerce Secunderabad, Telangana. 2- St Ann's College for Women, Hyderabad. 3- Nizam College, Hydera...A list of colleges in khammam that offers B.A. In History, Economics, Public administration course with affiliation to Osmania university.
1- Bhavan's Vivekananda College of Science Humanities and Commerce Secunderabad, Telangana.
2- St Ann's College for Women, Hyderabad.
3- Nizam College, Hyderabad.
4- A. V. College of Arts Science and Commerce, Hyderabad.
5- Sarojini Nadu Vanita Mahavidyalaya Hyderabad, Telangana.
6- Aurora's Degree College Hyderabad, Telangana.
7- Anwarul Uloom College Hyderabad, Telangana. I hope this will help you.
Vasavi Degree College, SR BGNR college provides course according to your demand. Check out their website for the admission process.
Taking an Exam? Selecting a College?
Find insights & recommendations on colleges and exams that you won't find anywhere else
On Shiksha, get access to
- 60k Colleges
- 878 Exams
- 414k Reviews
- 800k Answers
P
I want to know about the latest cutoff information for M.A. in Economics at Central University of Kerala.
Reply to Pankaj prajapati