What is MA Economics: Full Form, Course Duration, Admission 2025, Colleges, Salary & Scope
MA Economics full form is Master of Arts in Economics. MA Economics is a 2-year PG academic degree which involves the study of how society uses its finite resources. It is the study of patterns in the production and consumption to make predictions and assumptions about future trends and practices.
MA Economics courses can be pursued as a regular, full-time degree, online or from distance/correspondence modes. An MA Economics degree teaches students about various branches of economics such as Macroeconomics, Microeconomics, International Economics, and Business Economics, etc.
The MA Economics eligibility criteria is to complete graduation in BA Economics or a relevant discipline with at least 50% aggregate score from a recognized university. MA Economics admission is done through both merit and entrance procedures. Some popular MA Economics entrance exams include CUET PG, IIT JAM, GATE, etc.
There are numerous MA Economics career options for candidates after completing their graduation. Students can choose to continue their education and also pursue a PhD in Economics. Some popular MA economics jobs are Financial Analyst, Investment Banker, Policy Analyst, Business Strategist, Teacher, etc.
The average MA Economics salary in India is INR 4-6 LPA.
Interested candidates can continue reading the article for more MA Economics course details.
MA Economics Course Details: Highlights
Students interested in pursuing an MA Economics course can take a look at the table given below for some of the core details such as eligiblity, admission, exams, colleges, etc.:
|
Particulars |
Details |
|---|---|
|
Course Name |
MA Economics |
|
MA Economics Course Level |
PG |
|
MA Economics Courses Duration |
2 Years |
|
MA Economics Eligibility Criteria |
Should have graduated from a recognized university and secured a minimum of 50%. |
|
MA Economics Entrance Exams |
|
|
MA Economics Colleges in India |
Delhi University, Loyola College, Madras Christian College, Mithibai College of Arts, St. Joseph’s University, Mount Carmel College, etc. |
|
MA Economics Fees |
INR 20,000 to INR 1.5 Lakh |
|
MA Economics Distance Learning Institutes |
IGNOU, Tamil Nadu Open University, School of Open Learning, University of Delhi
|
|
MA Economics Job Profiles |
Teacher, Financial Analyst, Investment Banker, Policy Analyst, Business Strategist, etc. |
|
MA Economics Top Recruiters |
KPMG, The Economist, World Bank, IMF, CRISIL |
|
MA Economics Salary in India |
INR 4-6 LPA |
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MA Economics courses are 2-year degrees, which are pursued by students who have completed their undergraduate. MA in Economics is a post-graduate degree. Students who wish to study subjects like microeconomics, macroeconomics and the fundamentals of how finances work, should pursue this degree.
- MA Economics Eligibility Criteria
- MA Economics Admission 2025
- MA Economics Entrance Exams 2025
- Types of MA Economics Courses
- MA Economics Syllabus 2025
- Best MA Economics Colleges in India
- Popular Private MA Economics Colleges in India
- MA Economics Career Scope: Job Profiles, Salary and Top Recruiters
- MA Economics Courses FAQs: 2025
- Popular MA Economics Specializations
- Course Cutoffs
MA Economics Eligibility Criteria
The eligibility criteria for the MA Economics course can be different for different colleges, but you can take an idea of the requirements from the table below.
|
MA Economics Course Eligibility Criteria |
Details |
|---|---|
|
Academic Qualifications for the MA Economics Course |
The candidates should have completed a bachelor’s degree in Economics, or preferably, in a related course, though many colleges allow students from all disciplines to pursue an MA in Economics. |
|
Marks Criteria for MA Economics Course |
The candidates should have secured at least 50% marks in graduation. |
|
Appearing or Passed Criteria for the MA Economics Course |
|
|
Age Limit for MA Economics |
There is no age limit prescribed as such. |
Disclaimer: This info. is taken from the official website and may differ.
Yes, you can pursue MA Economics after completing BSc Economics. This is because BSc Economics course covers all the fundamental concepts of Economics courses that you will be expected to have to pursue MA Economics course. It is not necessary that you should have completed BA Economics to apply for MA Economics course.
MA Economics courses eligibility differs according to the institute at which it is being pursued. Most colleges require that the students should have completed their under graduation in any subject. However, many institutes only accept students who have completed their UG degree in Economics (BA or BSc) or in a related field. The minimum eligibility for an MA Economics includes at least a 45% aggregate score in UG.
MA Economics Admission 2025
Admission to MA Economics courses will differ from college to college, but here is a general overview of the steps that a student will have to follow to get admitted to MA Economics courses:
1. Check the college requirements and fulfil .
2. Appear for national/state-level entrance tests.
3. Application Form - Submit applications to MA Economics colleges/universities with required documents.
4. Counseling - Attend the counselling session.
Note - The admission process may vary from university to university.
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Hi! There are some documents that students need to submit to colleges, along with their online application fees. Generally, colleges ask students for one/two photo ID documents like Aadhaar Card, PAN Card, Voter ID, Driver's Licence, etc.
They also require class X, XII and undergraduate degree marksheet to verify the academic record of the students, based on which admission is granted.
Other documents that colleges generally ask for is entrance exam result, passport size photographs and transfer/migration certificates.
Hope this helps you!
MA Economics admission to IGNOU is just like the admission process to any other college.
Students must make sure that they qualify the eligibility criteria for MA Economics IGNOU admission. They can fill up the online application form and submit the required documents along with a nominal admission fees.
IGNOU selects students based on merit. After they release the list of the selected students, they only have to pay the admission fees to confirm their admission. Any futher instructions are communicated to the students through the offcial website of IGNOU or through emails.
Best of luck!
MA Economics Entrance Exams 2025
Admission to the MA Economics course can be obtained through entrance exams. Check here.
|
Entrance Exam Dates |
Entrance Exam Schedule |
|---|---|
|
13 March - 1 Apr ‘25 |
|
|
Conducted in Feb ‘25 |
|
|
Conducted in Feb ‘25 |
Note - This information is gathered from the official websites of the exam.
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| Dates | Past Exam Dates |
|---|---|
| 12 Jul ' 25 | URAT PG 2025 Second Merit List |
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Yes, candidates can secure admission to MA Economics course without appearing for or qualifying for an entrance exam, though many reputed colleges offer admission through entrance exams. Many private institutes conduct their own admission tests to select candidates. They also offer admission based on merit. Candidates can opt for MA Economics in distance mode through direct admission.
The following table brings the structure of the expected CUET PG question paper.
Part | Sections/Subjects | Number of Questions |
|---|---|---|
A | Language Comprehension/Verbal Ability, General Test (GK, QA, Analytical Skills) | 25 |
B | Domain knowledge | 75 |
Candidates must note that the Language Comprehension/Verbal Ability section is compulsory. The General Test also has to be taken by candidates opting for all test papers except Education (PGQP01).
Types of MA Economics Courses
MA Economics courses are offered in many types. You can choose the mode based on your interest. See some types of MA Economics courses with details:
|
Types of MA Economics Courses |
MA Economics Course Details |
|---|---|
|
Full-Time MA Economics Courses |
Regular or full-time MA Economics courses are among the most popular options opted by students. Students attend the lectures and seminars in the college premises. It aids students in their holistic development. There is a lot of scope for extracurricular activities at the college or inter-college level. |
|
Distance MA Economics Courses |
The students do not attend regular college in the Distance mode of MA Economics courses. They receive study materials and get access to the student portal. They would only have to appear in person for seminars and final examinations. |
|
Online MA Economics Courses |
An Online MA Economics Programme can be pursued by candidates who wish to pursue MA Economics courses without attending regular college or appearing for offline exams. The admission process, lecture delivery, submission of assignments, and semester exams are conducted online. |
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Popular Courses
- M.A. in EconomicsAmity University, Noida
- M.A. in EconomicsBanaras Hindu University
- M.A. in EconomicsGoswami Ganesh Dutta S.D. College
- M.A. in EconomicsEthiraj College for Women (Ethiraj)
- M.A. in EconomicsJawaharlal Nehru University
- M.A. in Economics (World Economy)Jawaharlal Nehru University
- M.A. in EconomicsIGNOU - Indira Gandhi National Open University
- M.A. in EconomicsUniversity of Lucknow
- M.A. in EconomicsDr. B.R. Ambedkar University Delhi, Kashmere Gate
- M.A. in EconomicsDelhi School of Economics (DSE), University of Delhi
Given below are some colleges in India that offer MA Economics in distance mode of education:
MA Economics Distance College | MA Economics Distance College Fees (in INR) |
|---|---|
17.6 K | |
Institute of Distance and Open Learning, University of Mumbai | 16.26 K |
13.35 K | |
7.6 K | |
10.4 K | |
11.2 K | |
3.17 K | |
18 K |
Yes, an MA Economics course is offered in online mode as well by various colleges, universities and online learning platforms.
Given below are online courses of MA Economics and related courses along with the course provider, course duration and fees:
MA Economics Online Courses | Course Provider | Course Duration | Course Fee (in INR) |
|---|---|---|---|
Jain Deemed-to-be University | 24 months | 90,000 | |
Online Dr. M.G.R. Educational and Research Institute | 24 months | 1.00 Lakh | |
George Mason University | 18 months | 21,300 | |
London School of Economics | 8 weeks | 2.24 Lakh | |
Lancaster University | 24 months | 12.03 Lakh |
MA Economics Syllabus 2025
The curriculum of an MA Economics degree is vast and well-structured to include texts from different eras. The general MA Economics course syllabus has been mentioned below:
|
MA Economics Syllabus Semester 1 |
|
|---|---|
|
Microeconomic Theory |
Mathematics for Economics |
|
Public Economics |
Macroeconomic Theory |
|
MA Economics Syllabus Semester 2 |
|
|
Monetary Economics |
International Economics |
|
Statistics |
Indian Economy |
|
MA Economics Syllabus Semester 3 |
|
|
Environmental Economics |
Population Economics |
|
Financial Economics |
Basic Issues of the Indian Economy |
|
MA Economics Syllabus Semester 4 |
|
|
Economy of North East India |
Agricultural Economics |
|
Econometrics |
Regional Economics |
Note: The syllabus has been taken from sources across the web, and may vary for different institutions.
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Top 10 MA Subjects & Specialisations
The books followed in MA Eonomics course may vary depending on the colleges offering the course. Moreover, the syllabus and the university the college is affiliated to also determine the books followed for the course. Given below are some of the important books in an MA Economics course:
MA Economics Books | Authors |
|---|---|
Microeconomic Theory: Basic Principles and Extensions | Walter Nicholson, Christopher M. Snyder |
Advanced Microeconomic Theory | Jehle and Reny |
Lectures on Public Economics, | A.Atkinson and J. Stiglitz |
Handbook of Public Economics | Auerbach, A.J. and M.Feldstern |
Economic Development | Hogendrn |
Advanced Macroeconomics | David Romer |
Theory of Econometrics | Koutsoyiannis |
Microeconomic Analysis | Hal Varian |
Handbook of Development Economics | Behrman, S. and T.N. Srinivasan |
Given below are some basic differences between MA Economics and MCom courses:
Particulars | MA Economics Details | M.Com Details |
|---|---|---|
Full form | Master of Economics | |
Area of focus | Core Concepts of Economics | General Accounting |
Domain | ||
Eligibility | BA Economics or BSc Economics with a minimum of 50% marks | BA Economics or Humanities3 a minimum of 50% marks |
Curriculum | Microeconomics, Macroeconomics, Trade, Financial Economics, Public Finance | Taxation, Research Methodologies, Advanced Accounting, Financial Analysis |
Best MA Economics Colleges in India
MA Economics courses can be pursued by both the government and private colleges. MA Economics courses are available in different modes, all over India. Candidates can choose MA Economics courses according to their suitability and convenience.
Best Government MA Economics Colleges in India
Given below are some government colleges in India that offer admission to MA Economics courses:
|
Best Government College |
Tuition Fees |
|---|---|
|
INR 38,060 |
|
|
INR 33,500 |
|
|
INR 24,000 |
|
|
INR 18,900 |
|
|
INR 29,600 |
|
|
INR 30,200 |
|
|
INR 480 |
|
|
INR 14,400 |
|
|
INR 12,000 |
|
|
INR 432 |
Note: The fees have been taken from the official website and may change.
Best Private MA Economics Colleges in India
Given below are some private colleges in India that offer admission to MA Economics courses:
|
Best Private College |
Tuition Fees |
|---|---|
|
INR 26,520 |
|
|
INR 1.25 Lakh |
|
|
INR 1.76 Lakh |
|
|
INR 1.57 Lakh |
|
|
INR 1.35 Lakh |
|
|
INR 58,080 |
|
|
INR 97,450 |
|
|
INR 2.88 Lakh |
|
|
INR 92,000 |
|
|
INR 2.7 Lakh |
Note: The fees have been taken from the official website and may change.
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Several colleges offer MA Economics course with a nominal fee structure. These colleges could be government or private-run. The candidates must note that the fees mentioned below is the tuition fee and there could be additional charges such as postal fee, registration fee etc. that the candidates have to pay.
Given below are some of the colleges that offer MA Economics course with an affordable fee structure:
MA Economics Colleges | Average Fees (in INR) |
|---|---|
288 | |
300 | |
312 | |
336 | |
360 | |
360 | |
Jawaharlal Nehru University | 432 |
Yes, MA Economics course is offered by IGNOU (Indira Gandhi National Open University). IGNOU is a public university that offers various courses in distance learning mode. It can be completed in a duration of 2 years like any MA Economics regular course. The total tuition fee is INR 12,000. There is no minimum or maximum age limit prescribed. Candidates can enroll themselves into the course on completing a bachelor’s degree from a recognised institute.
Popular Private MA Economics Colleges in India
MA Economics Career Scope: Job Profiles, Salary and Top Recruiters
MA Economics course graduates have an exceptionally wide range of professional options because of the flexible skill set that is cultivated through MA Economics courses. Some students choose a more conventional career in fields like research or academics, but students also find success in a variety of other sectors that value analytical ability, communication skills, and critical thinking.
MA Economics Courses: Job Profiles and Salary
MA Economics course graduates are welcomed by the government, private, and business sectors, which value their capacity for problem-solving and place them in positions that have been mentioned below:
|
Job Profile |
Job Description |
Average Salary |
|---|---|---|
|
Economist |
A professional who studies how people make decisions to produce quality outputs which can boost the profits. |
INR 16.4 LPA |
|
Actuarist |
A professional who calculates the possibilities of risks using mathematical and statistical techniques. |
INR 7.4 LPA |
|
Data Analyst |
A professional who collects, stores and interprets data to make business related decisions |
INR 6.65 LPA |
|
Credit Analyst |
Their role is to collect financial data and analyze the creditworthness of an organization. |
INR 8.4 LPA |
|
Personal Financial Advisors |
These are professionals who assist in financial planning and management to help take proper monetary decisions. |
INR 3 LPA |
|
Policy Analyst |
Their task is to analyze policies to suggest improvements in the model. |
INR 7 LPA |
|
Supply Chain Analyst |
They ensure that the products in the supply chain are supplied efficiently to the customers. |
INR 6.7 LPA |
|
Economic Consultant |
They study the economic status of the businesses and propose suggestions for improvements. |
INR 10 LPA |
|
Statistician |
They work in the field of applied statistics to solve real-world business problems. |
INR 5.6 LPA |
|
Product Manager |
They help contribute in the efficient production of the desired products and help strategize their development and marketing. |
INR 21.3 LPA |
Note: The salaries given above have been taken from ambitionbox.com and may vary depending on the companies offering the jobs.
MA Economics Courses: Top Recruiters
MA Economics course graduates can explore career options in various sectors such as the government sector, media and publishing houses, corporations, and community service organizations.
Here are some of the top companies after MA Economics courses that recruit graduates in various job profiles:
|
MA Economics Courses Top Recruiters |
|
|---|---|
|
Bain & Company |
Boston Consulting Services |
|
McKinsey & Company |
Tata Consultancy Services |
|
EY-Parthenon |
Accenture |
|
Deloitte Consulting Services |
Insight Sourcing Group |
|
KPMG |
PWC |
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MA Economics Courses FAQs: 2025
Here are some Frequently Asked Questions related to MA Economics courses:
Economics is a social science concerned with the production, distribution and consumption of goods and services. It studies how individuals, businesses, governments and nations make choices on allocating resources to satisfy their wants and needs, and tries to determine how these groups should organize and coordinate efforts to achieve maximum output.
Economics can generally be broken down into macroeconomics, which concentrates on the behavior of the aggregate economy, and microeconomics, which focuses on individual consumers. Majority of universities offer Bachelor's (BA Economics or BA Hons Economics) and Master's degrees (MA Economics or Msc Economics) programs.
Business economics is a field in applied economics which uses economic theory and quantitative methods to analyze business enterprises and the factors contributing to the diversity of organizational structures and the relationships of firms with labour, capital and product markets.
Business economics is the study of the financial issues and challenges faced by corporations operating in a specified marketplace or economy. Business economics deals with issues such as business organization, management, expansion and strategy.
Studies might include how and why corporations expand, the impact of entrepreneurs, the interactions between corporations, and the role of governments in regulation. Multiple universities offer Bachelor's (BBE) and master's degrees (MBE) in business economics.
Popular MA Economics Specializations
Popular Specializations
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8 Colleges
- Hindi
8 Colleges
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3 Colleges
- Business Economics
3 Colleges
- Public Administration
3 Colleges
- Home Science
2 Colleges
- Actuarial Science
1 College
- Clinical Psychology
1 College
- Data Analytics
1 College
- Econometrics
1 College
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MSc Economics course offered by Economics Department, University College London, recorded a career outcome rate of 94.2%. Following are the finer details:
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Companies visited | - MBA (HRD): 60+ | - MBA (HRD): 75+ |
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MA Economics is a master’s degree in Arts offered with Economics as a specialization. It can be completed in 2 years. The course equips students to comprehend fundamental concepts of advanced Economics topics such as Econometrics.