MA Economics Course Details

Degree Masters
Full Form Master of Arts in Economics
Duration Course Duration of Master of Arts [MA] (Economics) is 2 Years.
Age No age limit
Minimum Percentage 50%
Subjects Required Graduation from the recognized university.
Average Fees Incurred INR 4000 - 80,000 per annum
Similar Options of Study M.Sc (Economics), MA (Political Science), MA (History), MA (Sociology) etc.
Average Salary Offered INR 6 L per annum
Employment Roles Data Analyst, Economist, Research Analyst, Sr Business Analyst, HR Manager, Analytics Manager, High School Teacher, Business Analyst, Content Writer, Lecturer, Speaker, Digital Marketing Manager etc.
Placement Opportunities Kotak Mahindra Bank, Accenture, Zocdoc Inc, Pershing Llc, Crisil, Buhler India Pvt Ltd, Genpact etc.

About Master of Arts [MA] (Economics):

  • MA Economics is a 2-year full-time or distance learning post-graduation programme to sharpen student’s knowledge in areas of finance and management.

  • The minimum eligibility criteria for this Masters degree is 50% aggregate in Bachelor’s degree in any discipline.

  • Admissions in MA Economics is offered by many top MA (Economics) colleges and universities all over India usually through entrance exams for a full-time course; while open universities like IGNOU take admission on merit basis. 

  • Tuition fee for the course ranges from 10,000 to 50,000 rupees while for distance mode it is approx 12,000.

  • During the course time, one can get the in-depth knowledge about the core MA Economics subjects such as:

    • Microeconomic theory,

    • Macroeconomic theory and Mathematical Economics etc. 

    • Master of Economics holder can get placed in top Finance companies like ICICI Bank, YES Bank, RBS, Kotak and much more with an expected salary of 1.8 lacs to 3 lacs for which one can work in the field of accounts, retail, sales, finance, tax, etc.  

What is Master of Arts [MA] (Economics)?

What is MA Economics?

  • Master of Arts (Economics) is the program which enhances the skill of a graduate exclusively in the field of Economics and Finance.

  • The degree is offered by many colleges across India and they prefer students who completed their bachelors with Economics as the specialization.

  • The program provides the aspirant all the relevant knowledge on the topics such as:   

    • Macroeconomic Theory

    • Introductory Mathematical Economics

    • Statistics And Computer Applications etc.

  • This is one of the pathways through which one can build a career in finance and economics arena.

Why Choose Master of Arts [MA] (Economics)?

Why Choose MA Economics?

  • The course enhances graduates’ employment prospects and their chances to secure significantly higher salaries than bachelor degree holders. 

  • Public and private organizations are increasingly looking to hire professionals who are able to understand and apply economic research. 

  • Job opportunities include positions in banking, communication, government, insurance, investment, research, and trade, among others.

  • In addition, the Master’s degree in Economics serves as a preparation for pursuing a Ph.D degree in Economics.

  • The program consists of courses in economic theory and quantitative methods and a series of elective courses in specialized fields of study offered by the program.

  • The MA Economics provides appropriate training for positions in private corporations, non-profit research organizations, and government service agencies etc. 

Top Colleges for Master of Arts [MA] (Economics):

Sl. No.

Name of the College

1

St. Stephen’s College, New Delhi

2

St. Xavier’s College, Mumbai

3

St. Joseph’s College, Bangalore

4

Madras Christian College, [MCC] Chennai

5

Christ University, Bangalore

6

Loyola College, Chennai

7

Jadavpur University, Kolkata

8

Fergusson College, Pune

9

Ethiraj College for Women, Chennai

10

Presidency University, Kolkata

Eligibility Criteria for Master of Arts [MA] (Economics):

Eligibility Criteria for MA Economics

  • The basic eligibility criteria to pursue MA in Economics are candidates should have graduation from recognized University.

  • Many reputed Universities demand candidates who have done their graduation degree with Honours in Economics.

  • Universities prefer minimum 50-55% marks in graduation as qualifying criteria to offer admissions.

  • They also conduct entrance exams to offer admission in MA Economics.

  • The aggregate of graduation marks and entrance exam are taken into consideration to offer admission.

Admission Procedure for Master of Arts [MA] (Economics):

Admission Procedure for MA Economics

  • Most of the colleges shortlist students for the course on the basis of their performance in a relevant entrance test.

  • Some institutes operate their own entrance tests for admission. Admission process will vary from college to college. Some institutes in the country also offer admission depending upon the candidate’s secured merit at the level of graduation.

See Various Master of Arts [MA] (Economics) Colleges in India

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