BA Economics: Course Details, Eligibility, Fees, Admission

Duration: 3 Years
Avg Fees: ₹5K - 1 LPA
Sakshi Chaudhary
Sakshi Chaudhary

Updated on - Nov 27, 2023

BA Economics is a 3-year undergraduate degree that deals with the main areas of qualitative and quantitative aspects of economic theories with the help of analyzing economic development and policies. After completion of the course, the graduates can work in various range of roles such as investment analyst, management trainee, account executive, budget analyst, etc.

BA Economics Course Details

Degree Bachelors
Full Form Bachelor of Arts in Economics
Duration 3 Years
Age The minimum age limit to enroll in the course is 17 years.
Minimum Percentage A minimum of 50% marks in 10+2 (high school degree) from a recognized board.
Average Fees ₹5K - 1 LPA
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
Opportunities ICICI Bank, HDFC Bank, Reliance Industry, etc.

What is BA Economics?

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.

BA Economics Admission 2023 requires students to have a minimum of 50% in their high school degree (10+2) with humanities or arts stream. The candidate is also required to qualify with the required cut-off marks in entrance exams such as CUET, SUAT, etc. BA in Economics syllabus covers topics like econometrics, macroeconomics, microeconomics, and finance and deals with various focal points of economic development.

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.

Table of Contents

Why Choose a BA in Economics Course?

The BA in Economics course is for those students who wish to join various commerce and banking-related job. Below are the points regarding why one should BA in Economics course:

  • The job roles are diverse once the student has completed their degree ranging from a commodity broker to an investment analyst.
  • As per Burau of Labor Statistics, the projected growth rate of jobs for economists is 6% between the year 2021-2031, leading to a higher demand year by year.
  • 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 understands global economics and national policies.
  • The BA in 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.

Who Should Pursue a Bachelor of Arts in Economics?

 Below listed are points regarding who should pursue BA in Economics course:

  • A student having a keen interest in the economy and policies can pursue this course.
  • Candidates interested in careers such as professor, or economist are fit to pursue the course.
  • Individuals who want to understand the application of economic theories to real-world circumstances can enroll in the course.
Compare B.Com with BA Economics

BA Economics Eligibility Criteria

BA Economics admission requires a candidate to fulfill a certain set of eligibility criteria. Below mentioned is the eligibility for the BA Economics course:

  • Admission for the BA Economics courses in India requires the aspirants to complete their 10+2 examinations with a minimum of 50% aggregate marks from any recognized board.
  • The relaxation of 5% marks is given to SC/SCT/OBC candidates.
  • Students must clear the entrance examinations such as CUET, SUAT, etc. 
  • The minimum age to apply for the course is 17 years.

BA Economics Admission 2023

The admission procedure for the BA Economics course is done on a merit or entrance basis. Listed below is the procedure to get admission for the BA Economics course:

  • Step 1: Students must meet basic BA economics eligibility criteria set by various colleges and universities.
  • Step 2: The candidate must fill out the application form for respective colleges available either online or offline.
  • Step 3: As required by the college, students must clear entrance exams to be accepted into the course.
  • Step 4: Further, candidates are invitees for GD or Personal Interview as per the college requirements.
  • Step 5: 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:

S.No

BA Economics Entrance Exam

1

CUET

2

JMI EE

3

SUAT

4

CUCET

BA Economics Fees Details

The average BA Economics course fees are in the range of INR 5,000- 1 LPA. Below is a list of the best BA in Economics colleges along with the breakdown of their fees:

Sl.No

College Name

Tuition Fees

Admission Fees

Miscellaneous Fees

1

Sharda University

INR 98,345 PA

INR 20,000

INR 1.21 LPA

2

St. Joseph College

INR 15,000 PA

INR 10,000

-

3

Mount Carmel College

INR 72,500 PA

INR 12,500

-

4

St. Xavier College, Ranchi

INR 25,150 PA

INR 5,000

INR 30,000-35,000 PA

Types of BA Economics Courses

BA Economics in India can be pursued in full-time, part-time, and distance learning mode of education. The following BA Economics course details are provided below:

Type

Bachelor of Arts in Economics Eligibility

BA Economics Duration

BA Economics Full Time

Should have passed 10+2 with Arts or Humanities with a minimum of 50% marks + Entrance Exam

3 Years

BA Economics Part-Time

Should have passed 10+2 with  Arts or Humanities with a minimum of 50% marks 

3 Years

Distance BA Economics

Should have passed 10+2 with Arts or Humanities with a minimum of 45-50% marks 

3-5 Years

Distance BA Economics Course

Below mentioned are the distance BA in Economics course details:

  • Distance BA Economics can be pursued at colleges like IMTS Institute, DU-SOL, etc.
  • The average course fee is in the range of INR 10,000-25,000 PA.
  • The duration of the course can be maximum 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 Honours course, with an average fee of INR 3,200 PA.

Also, Check: Economics Courses after 12th

Top BA Economics Colleges in India

Economics degree in India is offered by various top colleges in India including BA economics, BSc Economics, etc., to students interested in research techniques, foreign trade, policymaking methods, and quantitative analysis. Some of the very best colleges for a BA in Economics colleges in India are as follows:

Top BA Economics Government Colleges in India

The top government colleges in India offering a BA in Economics degree are shown in the table below:

Sl.No

College Name

Average Fees

1

St. Teresa's College

INR 9,420 PA

2

SNDT Women's University

INR 6,030 PA

3

Kannur University

INR 16,975 PA

4

University of Calicut

INR 9,000 PA

5

Government College Malapuram

-

Top BA Economics Private Colleges in India

Below is a list of private Bachelor of Economics colleges in India:

Sl.No

College Name

Average Fees

1

Parul University INR 45,000 PA

2

Kumaraguru College of Liberal Arts and Science INR 60,000 PA

3

MOP Vaishnav College INR 28,000 PA

4

Mount Carmel College INR 72,500 PA

5

Sharda University INR 98,345 PA

Top 10 City Wise BA Economics Colleges in India

Below listed are the location-wise BA Economics colleges in India:

BA in Economics Syllabus and Subjects

The BA Economics syllabus aims at understanding different economic theories, and principles by covering major subjects such as microeconomics, econometrics, development economics, macroeconomics, and international economics.  Some of the essential subjects of the B.A in Economics course are:

  • Economic Policy
  • Money and Financial Markets
  • Advanced Macroeconomics
  • International Trade
  • Economics Statistics
  • Economic economics
  • Legal Studies

Read More About BA Economics Subjects and Syllabus

Integrated BA Economics Course Details

Students can pursue integrated BA in 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 Honours from prominent colleges like Shri Mata Vaishno Devi University, Amity University, etc.

BA Economics Course Comparison

The Bachelor of Economics course covers a variety of subjects, including economic policies, welfare policies, and projects. There are also similar courses that align with the same curriculum objectives. The table below compares other courses to the BA Economics course.

BA Economics vs BSc Economics

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

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

Ramajs College, Ethirraj College, Jai Hind College

St. Xavier’s College, Christ University, Jadavpur University

Fees

INR 5,000 - 1 LPA

INR 10,000-1 LPA

Read More: BA Economics vs BSc 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 given are some of the higher education options after a BA in Economics:

Career Options After Bachelor of Arts in Economics Course

After completing a BA in Economics graduates get opportunities in various fields of economics and social science in both private and public sectors. Some of the best BA in Economics careers are given below:

  • Professor
  • Budget Analyst
  • Financial Consultant
  • Management Trainee
  • Economist
  • Data Analyst

BA in Economics Salary in India

BA in Economics course salary depends on job role, industry, market demand, experience, etc. Fresher aspirants may start with an average BA in Economics Salary package, but once they gain experience, it increases up to a certain amount. The BA in Economics Courses average salary, which is offered, ranges from INR 3-6 LPA [Source: PayScale].

Read More About BA Economics Salary

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:

  • Cultural Talent Search Scholarship Scheme
  • Inlaks Shivdasani Scholarship
  • Fulbright Foreign Student Scholarship Program in the USA
  • Friedrich Ebert Stiftung Scholarship
  • JM Sethia Merit Scholarship Scheme
  • BML Munjal University Scholarship

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 graduate to excel in their careers.

  • Problem-Solving Skills
  • Team Collaboration Skills
  • Analytical Skills
  • Mathematical Skills
  • Strong Work Ethics
  • Management Skills
  • Communication

BA Economics Fee Structure

FAQs

What is the BA Economics course duration?

BA Economics duration is three years.

What are the important BA Economics subjects?

Some of the important subjects in BA Economics are Approaches to Demand, Law of Variable Proportion, Economics Statistics, Money and Financial Markets, etc.

What is BA Economics full form?

BA Economics full form is Bachelor of Arts in Economics.

What is a BA Economics graduate salary?

The average BA Economics graduate salary is in the range of INR 3-6 LPA.

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.

What are the top private companies that hire BA Economics graduates?

Some of the top private companies that hire Bachelor in Economics graduates are Genpact, Axis Bank, LG Electronics, ICICI Bank, 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 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.

See Various BA Economics Colleges in India

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