What is International Economics: Full Form, Course Duration, Admission 2025, Colleges, Salary & Scope
International Economics is a branch of economics which deals with the economic relationships amongst countries and international organisations. Various colleges in abroad offer International Economics as a specialization in courses such as BA, B.Sc and M.Sc.
The admission to various International Economics undergraduate programmes is offered on the basis of merit. However, admission to masters and doctoral International Economics programmes is offered on the basis of entrance exams such as CUET-PG, UGC NET etc.
The International Economics course fee ranges from INR 432 to INR 12 Lakh.
After completing International Economics course, candidates can seek job opportubities in various field in job profiles such as Economist, Actuary and Logistics Coordinator.
International Banking Course: Highlights
Candidates can see the table below for the key highlights of the International Banking course -
| Course Name |
International Economics |
|---|---|
| Eligibility |
|
| Duration |
|
| Fee Range |
INR 432 – INR 12 Lakh |
| Top Colleges |
|
| Salary Range |
INR 3.7 LPA – INR 27 LPA |
| Job Scope |
International Business Consultant, Economist, Actuary, Logistics Coordinator |
| Entrance Exams |
|
| Top Recruiters |
Mahindra Logistics, Kotak Securities, Blue Dart Express |
All about International Economics Course
International economics studies how economies interact between countries, with special emphasis on aid, trade, financial flows, migration, and exchange rate policies.
Why Study International Economics?
Candidates can see the several reasons mentioned below -
- The course provides job opportunities
- The course opens up career options for candidates outside India.
- The course can also be pursued by candidates who wish to become global entrepreneurs.
- Candidates can work in academia after pursuing International Economics courses.
International Economics Eligibility Criteria
Candidates can see the table below for the key highlights -
| Course Level |
Eligibility Criteria |
|---|---|
| International Economics UG |
|
| International Economics PG |
|
| International Economics PhD |
|
International Economics Course Entrance Exams 2024
Candidates can see the table below for various entrance exams with schedule -
| International Economics Entrance Exams |
International Economics Exam Dates |
International Economics Exam Schedule |
|---|---|---|
| 15 May '24 to 24 May '24 |
||
| 16 Jun '24 |
||
| Mar '25 (Tentative) |
||
| University Grants Commission National Eligibility Test (UGC NET) |
16 Jun '24 |
International Economics Course Types
Candidates can see below for different types of International Banking course -
| International Economics Course Types |
|
|---|---|
| BA in Economics |
MA in Economics |
| B.Com |
M.Com |
| LLM |
Post Graduate Diploma in International Marketing |
| B.A. (Hons.) Business Economics |
MBA (Business Economics) |
| B.A. Hons. Business Economics |
PhD in Economics |
International Economics Syllabus
Candidates can see the table below for International Banking syllabus -
| International Economics Syllabus |
|
|---|---|
| Introduction to International Trade |
International Trade Theory |
| Balance of Payment (BoP) |
Foreign Exchange and Global Capital Market |
Top International Economics Colleges
There are several government and private International Economics colleges in India.
Top International Economics Government Colleges
Candidates can see the table below for the government International Economics colleges in India with tuition fees -
| International Economics Government College |
International Economics Government College Fees (in INR) |
|---|---|
| 432 |
Top International Economics Private Colleges
Candidates can see the table below for the private International Economics colleges in India with tuition fees -
| International Economics Private College |
International Economics Private College Fees (in INR) |
|---|---|
| 60,000 |
|
| 12 L |
|
| - |
International Economics Courses Career Scope: Job Profiles, Salary and Top Recruiters
Candidates can find jobs in finance based firms, government sector and international organisations.
International Economics Job Profiles
Candidates can see the table below for various job profiles pursued with average salary -:
| International Economics Job Profiles |
Average Annual Salary |
|---|---|
| Banker |
4.5 LPA |
| Credit analyst |
8.2 LPA |
| Market Researcher Associate |
4.2 LPA |
| Financial Analyst |
6.7 LPA |
| Management Consultant |
27 LPA |
| Policy Analyst |
7 LPA |
| Economic Consultant |
10 LPA |
| Compensation Manager |
21 LPA |
| Economist |
16.4 LPA |
| Actuary |
9.7 LPA |
| International Business Consultant |
6.9 LPA |
| Logistics Coordinator |
3.7 LPA |
International Economics Courses Top Recruiters
Candidates can see the table below for top recruiters in India participated in International Economics course:
| Top International Economics Recruiters |
|
|---|---|
| Mahindra Logistics |
FM Logistics |
| Kotak Securities |
ICICI direct |
| Blue Dart Express |
AVG Logistics |
| Niryati (EximScouts) |
Vishva Exim Private Limited |
| Ministry of Finance |
Ministry of External Affairs |
International Economics FAQs
Q. What is the meaning of international economics?
A. International economics deals with the impact on economic activity due to international differences in productive resources, consumer preferences etc.
Q. What is included in international economics?
A. Various concepts included in international economics are pattern of trade, globalization, FDI, balance of payments etc.
Q. What is international economics and its importance?
A. International Economics deals basically with some of the significant economic principles like exchange of goods between different countries and important policies related to it.
Q. What do international economists do?
A. The responsibility of international economists is basically to study international financial markets, their impacts on trade and policies, exchange rates etc.
Q. How much an economist earns in India?
A. As per a popular website, an economist earns between INR 1.88 lakhs to 14.81 lakhs annually in private sector. Meanwhile, in government sectors, they can between INR 10,000 to INR 12,000 monthly.
Q. What can I do after BA economics?
A. The scope after completing BA economics is wide. Candidates can work as a banker, economist, market analyst, sales executive, investment administrator, human resources etc.
Q. Do economists travel?
A. Yes, there are many economist, who work from home, but many travel for the professional requirements like conferences etc.
Q. What are the skills required for International Economics?
A. Some of the important skills required for International Economics profession are Mathematical skills, logical thinking, data analysing skills, critical thinking, communication skills, management skills, research skills etc.
Q. Can I do CMA after BA Economics?
A. Yes. Candidates with a BA economics degree are considered eligible for CMA exam.
Q. Is economics better than commerce?
A. Both economics and commerce are equally important subjects. Candidates can choose anyone of them depending on their interest and future goal. Economics provides candidates to understand the issues of trade market etc while with commerce candidates can develop a macro level approach.
- Popular International Economics Colleges in India
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Popular International Economics Colleges in India
Popular Private International Economics Colleges in India
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