What is MPhil Economics: Full Form, Course Duration, Admission 2025, Colleges, Salary & Scope.

An MPhil Economics course is an advanced masters-level research degree that is pursued by students after completing a postgraduate degree. Though it has been discontinued by UGC under the NEP 2020, it was a bridge course between a Masters in Economics programme and a PhD in Economics that allowed students to pursue research projects to help prepare for a PhD.

The M.Phil Economics course duration used to be 2 years. Since the MPhil Economics course has been discontinued, the new batches of students can directly pursue a PhD degree after a 4-year degree (3+1 year of research) if they graduate with at least 75% marks and clear UGC NET. 

The MPhil Programme has long been considered a stepping stone between master's and PhD programmes. The course assists the candidates in developing a comprehensive approach to teaching the mind of the students about the complexities of research, as well as research knowledge and skills that would be helpful in pursuing a full-scale PhD programme. MPhil programme offers job security and high pay to the graduates and they can start earning salary between INR 5 to 10 lakh.

Research is a major component of MPhil programmes, offering chances to hone advanced research abilities. You'll gain information on how to plan and carry out independent research, evaluate data, and add to the corpus of knowledge already known in your profession. 

Hello!

The M.Phil degree is no longer valid after the University Grants Commission (UGC) of India declared it as discontinued. Students can no longer obtain an M.Phil degree from any government colleges as it is not recognized. However, some private colleges and institutes continue to offer it, and students still pursue M.Phil despite the orders and warnings from UGC.

Before it was discontinued, the eligibility criteria to pursue an M.Phil course required students to complete their postgraduate degree in Economics (MA or MSc Economics) with at least 45-50% marks. The MPhil degree allowed students to explore research in Economics and develop skills that would help them in completing a PhD.

Students who wish to take up an MPhil Economics course can still pursue it through private institutes where it is still available. The documents that are required for admission to any university for a postgraduate degree like M.Phil include:

• Class X, XII Mark Sheet
• Graduation, Post-Graduation Degree
• Photo ID Proof (like: Aadhaar Card, PAN Card, Passport, etc.)
• Candidate's Photograph
• Candidate's Signature
• Caste Certificate (if the candidate applies for SC/ST/OBC/EWS/PwD reservation)

CUET PG Good Score will also enable candidates to strategically allocate time and resources for different subjects based on their difficulty level and weightage. Many of the top NIRF Ranking institutes like JNU, University of Delhi, BHU, TISS, and Central University of Hyderabad will require a score higher than the average score in CUET PG, due to the high competition level for these universities. On average, 180-195 will be considered to be a good score in the CUET PG exam. 

• General- 180-190
• OBC- 170-180
• SC/ST- 155-170

You can apply for the exam after the release of the UGC NET application form. 

Visit the exam site- ugcnet.nta.nic.in
Click on the Application form link mentioned at the bottom of the home page
Click on the New Registration
Enter the details and complete the registration
Fill out the complete application form
Upload scanned pictures of a passport-sized photo (10-200 KB) and signature (4-30 KB). Both images should be in JPEG format
Pay the application fee (Gen - INR 1,100; OBC/EWS - INR 600; SC/ST/PwD/ Transgender - INR 375)
Save and submit the form
Download the confirmation page

Yes, MPhil can be pursued in distance learning mode as well. The MPhil programme lasts two years on average, but can be extended to one more year with payment of a penalty amount. Candidates, who are female and have a disability of at least 40%, are also given a one-year grace period to finish their degrees.

The course fees ranges from INR 7500 to INR 15,000 To complete the admissions process, students must successfully finish each university's unique entrance examination. In some circumstances, during the admissions process, work experience certifications must also be submitted.

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MPhil Courses

Before it was discontinued, yes.

The eligibility conditions to pursue an M.Phil course is a PG degree with at least 50% marks. The MPhil degree allowed students to explore research and develop skills that would help them in completing a PhD.

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MPhil Course Admission

The MPhil Economics degree was primarily a research-based degree that helped students prepare for a PhD in Economics. The major subjects around which students would learn and conduct research were:

The MPhil Economics degree is a relatively difficult degree. Economics is a challenging subject in the social sciences as it requires strong analytical skills and complex mathematical tools to compile, study, and interpret data and apply it to the real world. The MPhil Economics course is a transitional degree that gives students an opportunity to conduct research under the supervision of their professors and hone skills that will help them conduct independent research.

IGNOU no longer offers an MPhil in Economics degree or an MPhil in any other specialization, as it has been declared invalid by the UGC in 2020. Students can now directly pursue a PhD after they complete their postgraduate degree. Students who wish to continue their education in Economics, after their PG but are hesitant to take up a PhD programme can also go for PG Diploma programmes, as they have a shorter course duration of 6 months to 1 year.

Almost every student just like you looks for placement scenario of the college before taking admission in MPhil course. The companies visit the college campus. The packages that will offer will depend on your college’s rank and various other factors. You would have to attend several rounds of the selection process which usually includes written test, interview and HR round.

I am have written the names of colleges with good placement records here:

Hi,

Yes! You are eligible to pursue a career as an Economics teacher if you have completed an M.Phil Economics degree. Though you should consider also pursuing a B.Ed. It will help you increase your chances of securing a job in a school, as most schools prefer to hire teachers with a B.Ed. If you want to become a government school teacher, you will also have to clear the TET examination, which is conducted annually and is used for hiring teachers in government schools across India.

It's not always mandatory. Publishing research papers during your MPhil can enhance your academic profile, help with PhD admission, and advance your career.

Some subjects may require you to submit at least one paper at seminar before your final thesis.

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MPhil Course

No, you should have completed a master's degree before pursuing MPhil. As per the eligibility criteria in Indian colleges you should have completed postrgraduate course with at least 45%-50% marks. If you are interested in research field and you have completed a 4 year bachelor's degree then you can pursue PhD directly after graduation.

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MPhil Course Admission

Hello! 

The M.Phil degree was declared invalid after the announcement by UGC in 2020. However, students who wish to pursue an M.Phil in Clinical Psychology and an M.Phil in Psychiatric Social Work programs still have the opportunity to pursue it till the academic year of 2025-26. The UGC has declared these courses as an exception, citing their essential role in service to society. The students who graduate with an M.Phil in Clinical Psychology and an M.Phil in Psychiatric Social Work programs, generally pursue professions where they offer mental health services and help people treat mental issues and disorders. The M.Phil degree is an important stepping stone for these professions as it helps students pursue a license as a Clinical Psychologist in India. It is still undeclared what the procedure will be after the 2025-26 batch of students.

Students who wish to pursue the M.Phil in Clinical Psychology and an M.Phil in Psychiatric Social Work programs are advised to visit the official website of University Grants Commission and read about the M.Phil course details.

Hope this answer helps you.

Yes, M.Phil. is a specific research programme which can be taken after graduation for a master's degree in Philosophy. The M.Phil. course included philosophical study in various specific speacializations such as History, Economics, Psychology, and others. 

For admission eligibility, M.Phil. demands at least 55% marks in graduation from a recognised university of India. 

In 2022, the UGC of India announced that the M.Phil. course degree is no longer valid and was discontinued as part of the National Education Policy 2020.

No, the MPhil is not recognized internationally, because the University Grant Commission (UGC) of India has announced that it i no longer a recognized degree."The University Grants Commission (UGC) of India announced in 2022 that the MPhil degree is no longer valid, discontinuing it as part of the National Education Policy 2020."

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MPhil Courses

Over the years, the M.Phil degree had gained popularity among students who wanted to pursue a career in academia. In 2020, after revealing the New Education Policy (NEP 2020) the MPhil degree has been removed from the curriculum as an attempt to consolidate the higher education system in India. The objective is to promote research and niche specialisation through a doctoral degree. The aim was to motivate the younger generation of students to go for PhD programs and develop advanced academic proficiency and excellence.

Recognizing this new development, UGC has instructed all higher education institutes to discontinue the MPhil degree and not allow new batches of students to pursue this course since it is no longer recognised by NEP. 

The UGC has made an exception for the M.Phil in Clinical Psychology and M.Phil Psychiatric Social Work programs, citing their important contribution to society, and has allowed them an extension till the academic year of 2025-26.

Universities across India, except the ones in Tamil Nadu and Karnataka, have already implemented this decision. Some private colleges continue to offer the degree despite the orders of the government.

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MPhil Courses