BA Economics: Course Details, Eligibility, Fees, Admission
BA Economics is a three-year undergraduate degree program that delves into the fundamental principles and theories governing the production, distribution, consumption of goods and services within an economy. BA in Economics syllabus covers topics like econometrics, macroeconomics, microeconomics, and finance and deals with various focal points of economic development.
As part of the BA Economics eligibility criteria, students are required to have a minimum of 50% marks in (10+2) with humanities or arts stream, along with qualifying with the required cut-off marks in entrance exams such as CUET, SUAT, etc.
The BA Economics fees range from INR 5,000-1,00,000 per year depending on the facilities placement opportunities, location, recognition, and so on. The fees range in government colleges is around INR 6,000 - 90,000 per year whereas the BA Economics fees in private colleges range from INR 10,000 - 1,00,000 per year in India.
Table of Contents
- What is BA Economics Course?
- Why Choose a BA Economics Course?
- B.A Economics Admission Process
- BA Economics Entrance Exams
- Top BA in Economics Colleges in India with Fees
- Types of BA Economics Courses
- BA in Economics Syllabus and Subjects
- BA Economics vs BSc Economics
- Courses After BA in Economics
- Career Options After Bachelor of Arts in Economics Course
- BA Economics Salary in India
- BA Economics Scholarships
- Top Cities to Pursue BA in Economics Course
- Skills to Excel as a BA in Economics Graduates
BA Economics Course Details
| Degree | Bachelors |
| Full Form | Bachelor of Arts in Economics |
| Duration | 3 Years |
| Age | There is no minimum age limit to enroll in the course. |
| Minimum Percentage | 50% marks in 10+2 from a recognized board. |
| Average Fees | ₹5000 - 1,00,000 Per Year |
| Similar Options of Study | B.Sc (Economics), BA (Sociology), BA (Political Science) |
| Average Salary | INR 3-6 LPA. |
| Employment Roles | Financial Analyst, Executive Assistant, Commodity Broker, etc |
| Top Recruiters | ICICI Bank, HDFC Bank, Reliance Industry, etc. |
What is BA Economics Course?
The BA Economics full form is Bachelor of Arts in Economics, the course focuses on the study of the economic structure of a country, and the policies and dynamics governing the economy. The BA Economics course duration is three years. Top colleges that offer BA in Economics courses in India include Mount Carmel College, St. Xavier College, Ranchi, University of Calicut, etc. The course falls under the umbrella of BA Courses.
After completion of a BA Economics degree, graduates can work in various industries/fields such as banking, finance, consulting firms, insurance, research and academics, etc. The average BA Economics graduate salary is in the range of INR 3-6 LPA(Source: Ambition box)
BA Economics Eligibility Criteria
The BA in Economics eligibility criteria may vary slightly depending on the university or educational institution offering the program. Below is the standard eligibility for BA Economics course:
- Candidates need to complete their 10+2 examinations with Arts/Humanities or related streams with a minimum of 50% for the general category and 45% marks for reserved category students. Students must clear the entrance examinations such as CUET, SUAT, etc.
- There is no minimum age limit to enroll for the course.
Why Choose a BA Economics Course?
The BA Economics course is for those students who wish to join various commerce and banking-related jobs. There are various benefits of BA economics Below are the points regarding why one should BA in Economics course:
- As per the Bureau of Labor Statistics, the projected growth rate of jobs for economists is 6% between the years 2022-2032, leading to a higher demand year by year.
- According to the Finance Ministry, the Indian economy is expected to show a growth rate of 7% (real GDP) between the year 2024-25, which constitutes increasing demand for skilled professionals who understand global economics and national policies.(Source: The Hindu)
- As per the Indian Economic Survey report, the BA Economics graduates are employed in the banking sector in large numbers, and it is projected that by 2050 India's banking sector will be the third largest in the world leading to a higher employment rate.
- The job roles are diverse once the student has completed their degree ranging from a commodity broker to an investment analyst.
B.A Economics Admission Process
The admission procedure for the BA Economics course is done both on a merit and entrance basis. Listed below is the procedure to get admission for the BA Economics course:
- Step 1: The candidate must fill out the application form for respective colleges available either online or offline.
- Step 2: As required by the college, students must clear entrance exams to be accepted into the course.
- Step 3: Further, candidates need to sit for the counseling process for seat allocation if required.
- Step 4: Once the merit list is published, students must then submit valid documents for verification and pay the admission fees.
BA Economics Entrance Exams
BA Economics admission includes entrance exams at national, state, and institute levels. The popular BA Economics entrance exams are listed below, along with application details:
| BA Economics Entrance Exam | Exam Dates | Accepting Colleges |
| CUET | May 15- May 31, 2024 | Kannur University, Mount Carmel College, etc. |
| JMI EE | May 15- May 31, 2024 | Jamia Millia Islamia |
| SUAT | May 15- May 31, 2024 | Sharda University |
Top BA in Economics Colleges in India with Fees
There are various government and private colleges in India offering BA Economics courses. Top private colleges offering BA Economics courses include Sharda University, Parul University, etc. Government colleges like Kannur University also offer B.A. Economics courses.
The annual B.A Economics course fees are in the range of INR 5,000- 1,00,000. Below is a list of the best colleges for BA Economics in India along with the breakdown of their fees:
| NIRF Ranking 2023 | College Name | Tuition Fees | Admission Fees | Miscellaneous Fees |
| 20 | Mount Carmel College | INR 72,500 | INR 12,500 | - |
| 29 | SNDT Women's University | INR 6,030 | INR 2,170 | INR 1,050 |
| 41 | St. Teresa's College | INR 9,420 | INR 600 | - |
| 55 | St. Xavier College, Ranchi | INR 25,150 | INR 5,000 | INR 30,000 |
| 70 | University of Calicut | INR 9,000 | INR 100 | INR 1,000 |
| 74 | St. Joseph College | INR 15,000 | INR 10,000 | - |
| 87 | Sharda University | INR 98,345 | INR 20,000 | INR 1,21,000 |
| - | Kannur University | INR 16,975 | INR 2,000 | INR 1,500 |
| - | Parul University | INR 45,000 | INR 10,000 | - |
| - | Kumaraguru College of Liberal Arts and Science | INR 60,000 | INR 200 | INR 1,500 |
| MOP Vaishnav College | INR 28,000 | INR 1,000 | - |
Top 10 City Wise BA in Economics Colleges in India
Below listed are the location-wise BA Economics colleges in India with annual fees:
| Location | Average Annual Fees |
| BA Economics Colleges in Mumbai | INR 13,000 -40,000 |
| BA Economics Colleges in Pune | INR 12,000 -50,000 |
| BA Economics Colleges in Indore | INR 38,000 -55,000 |
| BA Economics Colleges in Jaipur | INR 60,000-75,000 |
| BA Economics Colleges in Kolkata | INR 20,000-55,000 |
| BA Economics Colleges in Nagpur | INR 20,000-60,000 |
| BA Economics Colleges in Hyderabad | INR 40,000-1,00,000 |
| BA Economics Colleges in Chennai | INR 30,000-1,00,000 |
| BA Economics Colleges in Bangalore | INR 30,000-80,000 |
| BA Economics Colleges in Lucknow | INR 10,000-30,000 |
Types of BA Economics Courses
BA Economics in India can be pursued in full-time, part-time, and distance learning modes of education. The following BA Economics course details are provided below:
| Type | Eligibility | BA Economics Duration |
| Full-Time | Should have passed 10+2 with Arts or Humanities with a minimum of 50% marks + Entrance Exam | 3 Years |
| Distance | Should have passed 10+2 with Arts or Humanities with a minimum of 45-50% marks | 3-5 Years |
| Integrated | Should have passed 10+2 with Arts or Humanities with a minimum of 50% marks | 5 Years |
Distance BA Economics Course
Below mentioned are the BA Economics Distance Education course details:
- Distance BA Economics can be pursued at colleges like IMTS Institute, DU-SOL, etc.
- The course fee per year is in the range of INR 10,000-25,000.
- The duration of the course can be extended to five years, as per the coursework completed by the student.
- IGNOU, one of the prominent distance education colleges offers a Bachelor of Economics Honors course, with a fee of INR 3,200 per year.
Integrated BA Economics Course
Below listed are details regarding the integrated BA Economics course:
- Students can pursue integrated BA Economics courses after completing their 10+2 (high school degree). The duration of the course is five years.
- The course can be pursued with the combination of an MA in Economics or MA in Economics Honors from prominent colleges like Shri Mata Vaishno Devi University, Amity University, etc.
BA in Economics Syllabus and Subjects
The B.A Economics syllabus aims at understanding different economic theories, and principles by covering major subjects such as microeconomics, econometrics, development economics, macroeconomics, and international economics. Below listed is the BA Economics syllabus semester-wise:
| Semester I | Semester II |
| Introductory Microeconomics | Introductory Macroeconomics |
| Mathematical Methods for Economics-I | Mathematical Methods for Economics-II |
| Environmental Studies (AECC)-I | English Communication Skills(AECC)-II |
| Economics of Health and Education (Elective) | Public Economics (Elective) |
| Semester III | Semester IV |
| Intermediate Microeconomics-I | Intermediate Microeconomics-II |
| Intermediate Macroeconomics-I | Intermediate Macroeconomics-II |
| Statistical Methods for Economics | Introductory Econometrics |
| Applied Econometrics (Elective) | Industrial Economics (Elective) |
| Semester V | Semester VI |
| Indian Economy-I | Indian Economy-II |
| Development Economics-I | Development Economi+cs-II |
| Regional Economy (DSE) | Economics of Education (DSE) |
| Economics of Education (DSE) | Indian Economy (DSE) |
| Demography (DSE) | Financial Economics (DSE) |
Read More: BA Economics Subjects and Syllabus
BA Economics vs BSc Economics
A BA in Economics typically emphasizes a broader liberal arts education with a focus on social sciences, BSc in Economics tends to have a more quantitative and analytical approach, often involving more math and statistics courses. Below is a comparison between BA Economics vs B.Sc Economics:
| Course | BA Economics | BSc Economics |
| Full Form | Bachelor of Arts in Economics | Bachelor of Science in Economics |
| Course Overview | The course curriculum focuses on liberal arts education, social sciences, humanities, etc. | The course curriculum focuses on topics like mathematics, statistics, econometrics, etc. |
| Stream | Arts | Science |
| Duration | 3 years | 3 years |
| Eligibility | 10+2 with a minimum of 50% marks | 10+2 with a minimum of 50-55% marks. |
| Entrance Exams | JUNEE, DUET, JMI EE | JET, BHU UET, CUCET |
| Top Colleges | Ramjas College, Ethiraj College, Jai Hind College | St. Xavier’s College, Christ University, Jadavpur University |
| Course Fees Per Year | INR 5,000 - 1,00,000 | INR 10,000-1,00,000 |
| Average Salary | INR 3-7 LPA | INR 4-8.5 LPA |
| Job Roles | Policy Analyst, Market Researcher, Financial Analyst, etc. | Risk Analyst, Data Analyst, etc. |
Read More: BSc economics vs BA economics
Courses After BA in Economics
After completing a BA in Economics degree, students can always seek higher education, which will improve their long-term professional chances. Many graduates in India have recently been observed pursuing higher education in sectors such as management and law, among others. Below are some of the higher education options after a BA in Economics:
Career Options After Bachelor of Arts in Economics Course
After completing a B.A in Economics graduates get opportunities in various fields of economics and social science in both private and public sectors. Some of the best BA Economics careers are given below:
| Job Role | Job Description | Top Hiring Companies |
| Economic Analyst |
|
NITI Aayog, Reserve Bank of India, CRISIL, HDFC Bank, ICICI Bank |
| Research Analyst |
|
McKinsey & Company, PricewaterhouseCoopers (PwC), Deloitte |
| Financial Analyst |
|
Goldman Sachs, Morgan Stanley, HDFC Mutual Fund, Kotak Mahindra Bank |
| Data Analyst |
|
TCS, Infosys, Accenture, Google, Wipro |
| Policy Analyst |
|
World Bank, International Monetary Fund (IMF), SEBI, NITI Aayog |
| Business Consultant |
|
Accenture, McKinsey & Company, Deloitte, Ernst & Young (EY) |
| Financial Planner |
|
HDFC Life, ICICI Prudential, Kotak Mahindra, SBI Life Insurance |
| Market Research Analyst |
|
Nielsen, Ipsos, Kantar, Market Xcel, IMRB |
| Investment Analyst |
|
BlackRock, Franklin Templeton, Birla Sun Life, DSP Mutual Fund |
| Statistician |
|
Indian Statistical Institute, CSO, TCS, IBM, Google |
BA Economics Salary in India
The BA Economics Courses average salary, which is offered, ranges from INR 3-6 LPA and the range can go up to INR 12 LPA with 3+ years of work experience [Source: AmbitionBox].
BA in Economics course salary depends on job role, industry, market demand, experience, etc. Fresher aspirants may start with an average BA Economics Salary package, but once they gain experience, it increases up to a certain amount.
Given below is the BA Economics salary for various job roles:
| Job Roles | Average Entry Level Salary (INR) | Salary After 3+ Years of Experience (INR) |
| Economic Analyst | 3,00,000 - 4,50,000 | 5,00,000 - 8,00,000 |
| Research Analyst | 3,50,000 - 5,00,000 | 6,00,000 - 10,00,000 |
| Financial Analyst | 3,50,000 - 5,50,000 | 6,00,000 - 12,00,000 |
| Data Analyst | 3,00,000 - 4,50,000 | 5,00,000 - 8,00,000 |
| Policy Analyst | 3,50,000 - 5,50,000 | 6,00,000 - 10,00,000 |
| Business Consultant | 4,00,000 - 6,00,000 | 7,00,000 - 12,00,000 |
| Financial Planner | 3,00,000 - 4,50,000 | 5,00,000 - 8,00,000 |
| Market Research Analyst | 3,50,000 - 5,00,000 | 6,00,000 - 10,00,000 |
| Investment Analyst | 4,00,000 - 6,00,000 | 7,00,000 - 12,00,000 |
| Statistician | 3,00,000 - 4,50,000 | 5,00,000 - 8,00,000 |
Read More About BA Economics Salary
Top Recruiters for B.A. Economics
Below listed are a few top recruiters for BA Economics graduates:
| HSBC | Nestle India | Tata Consultancy Services (TCS) |
| JP Morgan | Amul | ICICI Bank |
| United Nations | NITI Ayog | Hindustan Unilever Limited (HUL) |
| Proctor and Gamble | CRISIL | ITC Limited |
| RBI | SBI | Axis Bank |
BA Economics Scholarships
Students pursuing Bachelor of Arts courses get various scholarships from government and private institutes in a number of specializations. Below is a list of scholarships available to a BA Economics graduate:
| BA Economics Scholarships | Eligibility Criteria | Amount |
| Nurture Merit cum Means Scholarship | Underprivileged students with the best academic performance | INR 2 Lakhs |
| Cultural Talent Search Scholarship Scheme | Minimum of 5 years of professional training in the specified field is mandatory | INR 9,000 Per Year |
| Saryu Doshi Graduate Fellowships in Liberal Arts & Sciences | Candidate must have a first-class degree or equivalent to that from a recognized university | INR 3 Lakhs |
Top Cities to Pursue BA in Economics Course
Students can pursue a BA Economics course from top cities like Bangalore, Delhi, etc., in prominent colleges like Sharda University, Mount Carmel College, etc.
Below listed are the top 5 cities to pursue BA Economics course based on approximate, and actual living expenses, salaries, market conditions, etc.
| City | Top Colleges Offering BA Economics Course | Average Living Monthly Expenses (INR) | Average Starting Salary (INR) | Top Recruiters |
| Bangalore | St. Joseph's College, Christ University, Mount Carmel College | 15,000 - 25,000 | 3,50,000 - 5,00,000 | Infosys, Wipro, Flipkart, Biocon |
| Delhi | Sharda University, Jawaharlal Nehru University | 18,000 - 30,000 | 3,80,000 - 5,50,000 | ONGC, NTPC, HDFC Bank, Maruti Suzuki |
| Mumbai | St. Xavier's College, Mumbai University | 20,000 - 35,000 | 4,00,000 - 6,00,000 | Reliance Industries, Tata Consultancy Services, HDFC |
| Chennai | Loyola College, Presidency College, Queen Mary’s College | 20,000-25,000 | 4,00,000 - 6,00,000 | Amazon, Accenture, Dell, Aditya Birla Finance Ltd., HCL |
| Kolkata | Jadavpur University, Shivnath Sastri College, Loreto College | 15,000-25,000 | 3,00,000 - 6,00,000 | IBM, Deutsche Bank, Tata Consultancy Services, ITC |
Skills to Excel as a BA in Economics Graduates
BA in Economics aspirants should possess critical and analytical skills with effective communication and decision-making skills. Below mentioned are a few skills required by BA Economics graduates to excel in their careers.
- Policy Analysis: Strong policy analysis skills involve assessing the impact of economic policies on various stakeholders.
- Market Research: Students should be adept at gathering and analyzing economic data to identify market trends, assess consumer behavior, and provide insights for strategic decision-making in businesses and industries.
- International Economics Knowledge: Skills in analyzing global economic trends, trade policies, and currency fluctuations.
- Public Speaking and Presentation Skills: Effective public speaking and presentation skills are vital for conveying complex economic concepts to diverse audiences.
Top BA Economics Colleges
Top Arts Entrance Exams
BA Economics Fee Structure
FAQs
What subjects are typically covered in BA Economics?
A BA in Economics typically covers subjects such as microeconomics, macroeconomics, econometrics, economic history, finance, public policy, economic analysis, international trade, etc.
Which is better BBA or BA Economics?
BBA is a vast course and offers opportunities in various fields from marketing, and finance to HR, whereas, BA Economics is a specific course focusing on economic principles, theories, and policies.
Is a BA in Economics suitable for students without a strong background in mathematics?
Yes, students just need to have a basic understanding of the mathematical concept to understand concept application.
Is BA Economics a good option for those interested in finance or business?
Yes, a BA in Economics is a good choice for students interested in finance or business because it offers a solid foundation in economic theories, market dynamics, policy analysis, etc.
Can I pursue a BA in Economics online?
Yes, students can pursue BA Economics course online from colleges like Amity Online University, AMU Online University, etc.
What skills can I develop through a BA Economics course?
Skills developed in BA Economics course include analytical thinking, quantitative reasoning, data interpretation, understanding of economic policies, etc.
Can you become CA after BA Economics?
Yes, one can pursue Chartered Accounting after studying BA in Economics. BA Economics is a solid foundation for pursuing CA in the future.
What scholarships are available for BA Economics students?
There are plenty of scholarships that are available for BA Economics graduates. Some of them include Master's Scholarships, Progression Scholarship, Think Big About Economics Undergraduate Scholarship, etc.
What are the job opportunities for BA in Economics graduates?
After completion of a BA in Economics graduates can work as Budget Analysts, Commodity Broker, Management Trainee, Investment Analysts, etc
What are the top private companies that hire BA Economics graduates?
Some of the top private companies that hire Bachelor of Arts in Economics graduates are Genpact, Axis Bank, LG Electronics, ICICI Bank, etc.
What are the options for higher studies after BA Economics?
After BA in Economics, students can pursue MA in Economics, a Master's in Public Policy, B.ED, MBA, etc.