BA Economics Jobs, Scope, Salary in India
The average salary for BA Economics graduates in India ranges from INR 3-6 LPA. The entry-level BA Economics salary generally ranges from INR 2-4 lakhs per annum whereas the BA Economics experienced professionals such as an Auditor, Foreign Trade Analyst, Budget Analyst can earn upto INR 9-12 LPA with 4+ years of experience. (Source: Ambition Box)
BA Economics jobs are available in both private and public sectors in various roles. Such as the average entry level salary of a Investment Banker is INR 2-4 LPA, a Financial Analyst INR 3-4 LPA, a System Analyst with INR 3-4 LPA, etc
BA in Economics course scope is designed to provide theoretical and practical knowledge to graduates to pursue careers in various industries such as E-Commerce, Logistics, Information Technology, etc.
Table of Contents
- BA Economics Salary Offered to Graduates in India
- BA Economics Jobs in India
- Career Scope of BA Economics
Salary Offered to BA Economics Graduates in India
Bachelor of Economics Salary in India is influenced by experience acquired through practicals, short-term projects, internships, etc. The BA Economics salary in India is between INR 3-6 LPA.
Designation Wise BA Economics Salary
BA Economics graduates are employed in job designations such as Investment Banker, Financial Service Executive, Finance Consultant, Management Trainee, Auditor, etc. in various private and public sector companies. The entry level salary for a Management trainee is INR 2.5 LPA AND for an Auditor, it is INR 4.8 LPA.
The table below consists of BA in Economics jobs and the average Bachelor of Economics designation wise salary:
| Job Role | Average Entry-Level Salary (INR) | Salary After 3+ Years of Experience (INR) |
| Investment Banker | 2.4 LPA | 6.9 LPA |
| Financial Analyst | 4.4 LPA | 6.6 LPA |
| Auditor | 4.8 LPA | 7.0 LPA |
| System Analyst | 3.0 LPA | 8.2 LPA |
| Management Trainee | 2.5 LPA | 3.6 LPA |
Experience Wise BA Economics Salary
The B.A Economics salary in India is influenced by several factors, such as university placements, internship experiences, projects, type of institution, skill set, etc. A BA Economics salary per month is in the range of INR 28,000–40,000 per month. The following table shows the range of BA Economics average salaries based on experiences:
| Experience (in Years) | Highest Salary (INR) | Average Salary (INR) | Lowest Salary (INR) |
| 0 - 2 | 4.0 LPA | 3.0 LPA | 2.0 LPA |
| 3 - 6 | 5.0 LPA | 4.0 LPA | 3.0 LPA |
| 7 - 10 | 8.0 LPA | 6.0 LPA | 5.0 LPA |
| 11 - 15 | 10.0 LPA | 8.0 LPA | 6.0 LPA |
| 16 & Above | 12.0 LPA | 10.0 LPA | 8.0 LPA |
BA in Economics Salary Based on Sectors
The BA in Economics career scope in India is vast, as there are many career options in the field, both in the public and private sectors. The BA Economics jobs salary per month is broken down by industry/sector in the following table:
Private Sector
The BA Economics scope in the private sector is extensive, providing various ranges of opportunities and roles. The average BA Economics salary per month in private sector ranges from INR 15,000 - 45,000.
Check the table for the average Bachelor of Economics salary in India in the private sector:
| Top Recruiters | Average Salary Per Month (INR) |
| HSBC | 17,000 - 45,000 |
| Genpact | 15,000 - 37,000 |
| ICICI Bank | 18,000 - 36,000 |
| Reliance | 25,000 - 45,000 |
Government Sector
There are various government jobs after BA Economics in industries such as Banking, FinTech, Information Technology, etc. The average BA Economics salary per month in the government sector ranges from INR 15,000 - 64,000.
Check the table for BA Economics job opportunities in the government sector, along with the average BA Economics job salary per month for graduates:
| Top Recruiters | Average Salary Per Month(INR) |
| Central Board of Direct Taxes | 15,000- 64,000 |
| Reserve Bank of India | 20,000 - 52,000 |
| SBI Bank | 20,000 - 35,000 |
BA Economics Jobs in India
The BA Economics scope in India is ever-demanding as it is one of the pillar systems of the country. Students can find various opportunities in banking, insurance, investment, etc. The following is a list of job opportunities after BA Economics in India:
Entry-level BA in Economics Jobs for freshers
The career after BA Economics for freshers is vast, providing various ranges of roles and opportunities such as Management Trainee, Finance Executive, Commodity Broker, etc. The average BA Economics salary in India for freshers is in the range of INR 3-4.5 LPA. Some of the jobs for BA Economics freshers include Budget Analyst, Financial Analyst, etc.
Below is a list of various BA Economics job opportunities and salary for graduates:
| Job Profile | Entry-Level Salary(INR) | Description |
| Management Trainee | 3.2 LPA |
|
| Budget Analyst | 5 LPA |
|
| Financial Service Executive | 3.8 LPA |
|
| Sales Analyst | 4.6 LPA |
|
BA in Economics Government Jobs for Graduates
There are plenty of government jobs after BA Economics in India, with BA Economics jobs salary per month ranging between INR 15,000-64,000. Below is a list of BA Economics government jobs:
| Job Profiles | Description |
| Economic Development Consultant |
|
| Commodity Broker |
|
| Security Analyst |
|
| Auditor |
|
BA in Economics Private Jobs for Graduates
The scope of BA Economics in India has good opportunities due to demanding roles in both the government and private sectors such as Financial Analyst, Budget Analyst, Finance Advisor, etc.
BA Economics jobs salary per month in the private sector is in the range of INR 35,000-50,000. Below is a list of BA Economics jobs list in the private sector:
| Job Designation | Description |
| Finance Analyst |
|
| Investment Analyst |
|
| Foreign Trade Analyst |
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| Human Resource Manager |
|
Career Scope of BA Economics
BA Economics graduates are recruited by various industries ranging from Financial Technology to Banking Firms. Listed below are some of the career after BA Economics:
| Areas of Recruitment | Job Roles for BA Economics Graduates |
| Research Institution | Data and Policy Analyst, Financial Analyst, Senior Solar Strategy Manager |
| Academic Institutions | Lecturer, Academic Counsellor, Content Writer |
| Information Technology | Financial Analyst, Budget Analyst,Credit Analyst |
| Banking and Finance | Branch Relationship Manager, Customer Success Manager, Transaction Banking AVP |
BA Economics Placements
BA Economics placement is conducted in various colleges during the final year and helps in students' career advancement and better placement opportunities.
The following is a list of a few of the top colleges that provide BA Economics career options, along with the average BA Economics job salary per month:
| NIRF Ranking 2023 | College Name | Top Recruiters | Average Monthly Salary |
| 9 | Aligarh Muslim University | SBI General Insurance, ICICI, Reliance, etc. | INR 4.5 LPA |
| 11 | Delhi University | Axis Bank, LG Electronics, ICICI Bank, etc. | INR 8.0 LPA |
| 27 | Chandigarh University | Yes Bank, Videocon, HP, etc. | INR 3.5 LPA |
Top BA in Economics Recruiters
BA Economics job opportunities are given by various MNCs and leading companies. Some of the top recruiters with an average BA in Economics jobs salary in India are:
| Top Recruiters | Type of Industry | Job Position Offered | Average Annual Salary(INR) |
| HSBC | Banking and Finance | Executive Assistant, Client Relationship Support, Assistant Legal Counsel, Assistant Operations Manager | 5.5 LPA |
| Kotak Mahindra Life Insurance | Insurance | Investor Relations Assistant, Credit Analyst, Corporate Portfolio Manager, Elite Relationship Manager | 5.7 LPA |
| JP Morgan Chase | Investment Banking | Junior Analyst, Budget Analyst, Finance Analyst | 6 LPA |
| Tata Power | Power and Energy | Account Executive, Telecommunications Specialist, Sales Executive | 5 LPA |
| Nestle | Food and Beverage | Telecommunications Specialist, Key Account Manager, Data and Policy Officer | 6 LPA |
Courses after BA in Economics
The BA Economics scope in India is vast, and graduates can study further if they choose to enhance their career profiles and increase their compensation. Below are a few courses after BA Economics that students can pursue:
- MA in Economics
- Ph.D. Economics
- M.Phil Economics
- M.Sc. Economics
- Master of Public Health
- M. Phil. Planning and Development
- M. Phil. International Trade and Development
- Certified Market Analyst Course
Factors to be Considered Before Choosing A Job
Before moving forward towards any career path, it is important to assess a few aspects such as “What is BA Economics scope?”; “What is an average bachelor of economics salary in India?”; Some of the few factors are listed below:
- Job Demand
- Employee Benefits
- Industry Outlook
- Salary, Incentives, etc.
- Future Scope
- Company Culture and Environment
Skills Required for BA in Economics Jobs
BA Economics graduates need to enhance their soft skills and hard skills such as Analytical thinking, problem-solving, mathematical skills, etc for better career opportunities. Listed below are some of the skills required for a BA in Economics jobs:
- Research Skills: BA Economics graduates must have excellent research skills like understanding and analyzing economic reports, collecting data, and creating frameworks for organizations to make economic decisions
- Analytical Skills: Graduates are often required to analyze large sets of data to understand the public view of certain economic issues or decisions using computer software and techniques such as time-series analysis, Box-Jenkins analysis, etc.
- Attention to detail: As they work with numbers and figures often, economics graduates are required to have sharp observation and organizational skills.
Top BA Economics Colleges
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BA Economics Fee Structure
FAQs
Can I pursue higher studies after BA Economics?
Yes, students can pursue higher studies after BA Economics such as MA Economics, MSc Economics, M.Phil Economics, MA Public Policy, etc for better career prospects.
What jobs can I do after BA in Economics?
Some of the common career paths for BA Economics graduates are Financial Risk Analyst, Budget Analyst, Data Analyst, Financial Planner, Economist, etc.
Does BA Economics have scope?
Yes, BA Economics has great scope in India in various industries such as Banking, Finance, Trading Market, Information Technology etc.
Is BA Economics good for the future?
Yes, there is a huge demand for job designations such as Finance and Budget Analyst, Bank Manager, Market Analyst, Economist, Investment Banker, etc across the world.
What is the highest BA Economics salary?
The BA Economics graduates can earn up to INR 16.5 LPA with 3-5 years of experience in the relevant field in designation such as Business Analyst, Data Analyst, Finance Analyst, etc.