MA Economics is a two-year-long postgraduate course that deals with the areas of finance, and management and developing their skills accordingly to industry demands. MA in Economics is available to students in both regular and distance learning modes.  Some of the job roles are Branch Manager, Teacher, Research Associate, Stock Broker, Trade Analyst, and Data Analyst. Strategy Analyst, Economics Journalist, and Marketing Manager.

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 50,000 - 2 LPA
Similar Options of Study M.Sc (Economics), MA (Political Science), MA (History), MA (Sociology) etc.
Average Salary Offered INR 6 LPA [Source: Payscale]
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 MA Economics

MA Economics is a postgraduate program designed specifically for students to provide insights into the areas of banking, finance, trade, and economic management. Merriam Webster defines Economics as ‘The science concerned with making, selling, and using of goods and services.’

The purpose of the best MA economics colleges in India is to create graduates to cater to the professional demands of the various sectors of economics. The Master of Arts specialization aims to introduce students to all the concepts of Economics. The course falls under the umbrella of MA course.

Table of Contents

Eligibility Criteria For MA Economics

For admission in MA Economics, aspirants of the course must ensure they satisfy the eligibility criteria. The basic MA Economics eligibility criteria involve passing the undergraduate degree from any recognized board with a minimum of 50% marks. In addition to the merit-based eligibility, several MA Economics colleges conduct an entrance-based selection process for the same. This is to ensure the colleges select the best candidates with the required skills. There is no age limit for applying for the MA Economics admission. 

How To Get Admissions in MA Economics

For MA Economics course details, students should visit the college website through which they can begin their application process. Top colleges for MA courses have a similar admission process irrespective of the specialization students choose to pursue. The colleges conduct the entrance examinations to ensure they select the best candidates along all the lines of requirements.

Admission Process

The details of the MA admission process for Economics are listed below: 

How To Apply?

For selection for MA Economics, students should visit the college websites and look into the course details. Applications for the course can be availed by students through both offline and online procedures. For the offline method, students need to visit the college admissions office, collect the form, fill in the details and make the payment of the registration fee. While applying online for a Master in Economics, students are required to download the form, fill in the details and make the payment online. For both the procedures, valid documents for the same are required to be submitted for the verification process.

Selection Process

The selection process for the MA Economics course duration is either based on merit or the entrance exam procedure. Students must ensure the basic eligibility for MA Economics by securing a minimum of 50% marks in the Bachelor’s degree. In addition to the merit-based selection, the MA Economics best colleges conduct an entrance exam to select the best suitable candidates for the course duration.

The admit card and other details of the entrance process are published on the college portal beforehand. Students can view their results by logging in to the college portal or receiving them directly via email.

Who Should Pursue MA Economics?

MA Economics is a 2 years post-graduation course which focuses on the aspects of economics in society. Students who want to be in Banking and investment sectors should opt for this course. 

When To Do MA Economics?

Students can pursue this course after completing their graduation degree in economics or any other stream from a recognized university.

Types of MA Economics

MA Economics course is divided into three types such as full-time, part-time, and distance learning methods. Students can pursue this course in this three-way. Given below are the types of MA Economics courses:

Full-Time MA Economics

Full-time MA Economics is a two years post-graduation degree course. Students can pursue this mode as in it they have to attend regular classes and will have to submit projects and assignments and also have to appear for their exams on exams. In this type of learning mode, students can get to interact with the faculties and also can learn from their peers

Part-Time MA Economics

Students who are engaged in some form of employment or who can't attend regular classes should opt for this mode of learning. Part-time course classes are usually held at night or on weekends. Students can pursue this course while working in an organization. 

Distance MA Economics

Students who can't afford to study on campus or does,t have time to attend regular classes can opt for distance learning. Students who are engaged in some form of employment should go for distance learning. In India, many universities offer distance learning. 

The best colleges for MA Economics in India conduct an entrance exam-based selection to ensure they select the best candidates. Several private and government colleges for MA Economics in India follow the entrance exam procedure to ensure the students have a pragmatic view of the subject area in addition to the academic reading of the course. Listed below are some of the popular Master of Arts in Economics entrance exams in India: 

A Quick Glance At The MA Economics Entrance Exams

Aspiring candidates for the MA Economics course should prepare for the entrance exam process tediously. They should ensure timely preparation to finish all the important portions. Students should be well versed with all the details of the entrance exam details of the respective college before appearing for the exam. Listed below are details of the MA Economics entrance exams in general:

  • The mode of exam is online
  • The total number of questions is 120
  • The maximum number of marks to be obtained is 360
  • Questions asked are objective

Study MA Economics in India

India is the home to the best MA Economics colleges with the best infrastructure and top faculties. Students will choose according to their choice. Given below are the top MA Economics colleges in India.

Top MA Economics Colleges in India

 The top MA Economics colleges in India provide the best institutional and infrastructural facilities to groom their students for the professional field. Along with providing an in-depth understanding of the economical concepts, the students are also exposed to real-time experiences through practical training. Listed below are some of the best MA Economics colleges in India: 

MA Economics Colleges in India

Sl. No.

Name of the Institute

1. United Group of Institutions, Allahabad
2. JNU
3. St Xavier’s College, Mumbai
4. Presidency College, Kolkata
5. Kristu Jayanti College
6. Christ University
7. Fergusson College
8. St Joseph’s College, Calicut
9. Mount Carmel College
10. Magadh Mahila College

Top Colleges

Top MA Economics Colleges in New Delhi

India’s capital city is home to some of the best institutions for MA Economics in India. Check the table below for the top MA Economics colleges in New Delhi:

Sl.No Institution
1 Miranda House
2 Ramjas College
3 JMU
4 IGNOU

Read More: MA Economics Colleges in New Delhi

Top MA Economics Colleges in Pune

Pune also has some of the best institutions for MA Economics in India. Check the table below for the top MA Economics colleges in Pune:

Sl.No Institution
1 Fergusson College
2 Gokhale Institutes of Politics and Economics
3 UniPune
4 Poona College of Arts, Science and Commerce
5 SNDT Women's University

Read More: MA Economics Colleges in Pune

Top MA Economics Colleges in Chennai

Tamil Nadu’s capital city is home to some of the premier institutions for MA Economics in India. Check the table below for the best MA Economics colleges in Chennai:

Sl.No Institution
1 Loyola College
2 MCC College
3 Stella Maris College
4 University of Madras
5 Tamil Nadu Open University

Read More: MA Economics Colleges in Chennai

Top MA Economics Colleges in Bangalore

The capital city of Karnataka is renowned around the country for colleges offering top MA Economics programmes. Check the table below for the best MA Economics colleges in India:

Sl.No Institution
1 Christ University
2 Bangalore University
3 RV University
4 SJC Bangalore
5 Indian Academy

Read More: MA Economics Colleges in Bangalore

Top MA Economics Colleges in Kolkata

West Bengal’s capital city, Kolkata, has some of the best colleges for MA Economics courses in India. Check the table below for the best MA Economics colleges in Kolkata:

Sl.No Institution
1 Jadavpur University
2 University of Kalyani
3 RBU
4 Adamas University
5 St Xaviers University

Read More: MA Economics Colleges in Kolkata

Top MA Economics Colleges in Hyderabad

The Telangana state capital has some premier institutions in the country for MA Economics courses in India. Check the table below for the top MA Economics colleges in Hyderabad:

Sl.No Institution
1 Nizam College
2 University of Hyderabad
3 Osmania University College for Women
4 Palamuru University
5 Osmania University

Read More: MA Economics Colleges in Hyderabad

Top MA Economics Government Colleges

There are several top Government Colleges offering quality MA Economics programmes across the country. Check the table below for the top MA Economics government colleges in India:

MA Economics Government Colleges
Sl.No Institution
1 Kuvempu University, Shimoga
2 Andhra University, Visakhapatnam
3 Ramjas College, Delhi
4 Miranda House University of Delhi, Delhi
5 Bangalore University

Top MA Economics Private Colleges

India has seen significant growth in the number of quality MA Economics private colleges that offer some of the best programmes in the country. Check the table below for the top MA Economics private colleges in India:

MA Economics Private Colleges
Sl.No Institution
1 Christ College, Bangalore
2 DAV College Chandigarh
3 Adamas University, Kolkata
4 The American College, Madurai
5 Integral University, Lucknow

Study MA Economics Abroad

MA Economics abroad is the best option for students with the best infrastructure and top faculties. Students will choose their college according to their specialization. They will get a lot of experience with the subject matter and the diverse culture.

Top MA Economics Colleges Abroad

The table below contains the list of the some of the best colleges abroad for MA Economics:

MA Economics Colleges Abroad
Institution Fees
Harvard University USD 36,000
University of Chicago USD 44,000
Stanford University USD 38,000
Yale University USD 36,000
Columbia College USD 46,000
University of Oxford USD 28,000
University of Melbourne USD 32,000
Cornell University USD 42,000
University of Toronto USD 18,000
Australian National University USD 28,000

Top MA Economics Colleges in the USA

The USA is home to some of the best universities and colleges offering top-notch MA Economics programs in the world. The table below contains the list of top MA Economics colleges in the USA:

Sl.No Institution
1 Harvard University
2 University of Chicago
3 Princeton University
4 Yale University
5 Columbia College

Top MA Economics Colleges in the UK

The UK has institutions that date back to the 13th century. This makes the UK one of the best destinations for pursuing a MA Economics. The table below shows the top colleges in the UK for MA Economics:

Sl.No Institution
1 London School of Economics and Political Science
2 University of Cambridge
3 University of Oxford
4 University College London (UCL)

Top MA Economics Colleges in Canada

Known as the ‘Great White North, Canada is one of the most sought after destinations for MA Economics programmes in the world:

Sl.No Institution
1 University of Toronto
2 University of Alberta
3 University of Montreal
4 University of Waterloo
5 McMaster University

Top MA Economics Colleges in Australia

Known as the ‘Land Down Under’, Australia has emerged as one of the top destinations for higher studies for many students. The list of top MA Economics colleges in Australia is as follows:

Sl.No Institution
1 University of Sydney
2 University of New South Wales
3 University of Melbourne
4 Australian National University
5 Deakin University

Fee Structure For MA Economics

The MA Economics fees charged by an institution depend on a variety of underlying factors. Some of the governing factors that influence the fee structure include institutional facilities, infrastructure, faculty, placement opportunities, etc. The average annual fee for the course is INR 50,000- 2 LPA. Listed below are a list of MA Economics colleges in India and their fee structure: 

MA Economics Fees

Sl. No.

Name of the Institute

Fee Structure

1. Presidency College, Kolkata INR 2.5 LPA
2. Shyamlal College, New Delhi INR 50,000 PA
3. United University, Allahabad INR 85,000 PA
4. Bharath Institute of Higher Education, Chennai INR 50,000 PA
5. Rayat Bahra University, Mohali INR 1 LPA
6. Krupanidhi Degree College, Bengaluru INR 1.9 LPA

Syllabus And Subjects For MA Economics

The syllabus and subjects for MA Economics are structured in a manner to provide the best possible understanding of the concepts of economics and adjoining areas. The 2 year MA Economics duration is divided into 4 semesters to make the course more flexible for the students.

Some of the core subjects for the Master of Arts in Economics are listed below:

  • Theory of Consumer Behaviour
  • Demographic Economies
  • Calculus and Function
  • Consumers and Producers
  • National Income Output
  • Economics of Infrastructure
  • Public Economics
  • Elementary Statistics
  • Economics of Agriculture
  • Quantitative Methods

Read More: MA Economics Syllabus and Subjects

Why Choose MA Economics?

Master of Arts in Economics is one of the essential courses for individuals who want to excel and carve a niche for themselves in the world of finance and economical concepts. Along with being one of the most diversified career options for students, the MA economics course also provides a lucrative prospect of earning a handsome salary.

Why Choose

What Is MA Economics All About?

MA Economics is a 2-year long postgraduate course specializing in the field of banking, supply and demand, trade, stock market, etc. The course is available to the students in both regular and distance learning modes. After MA Economics duration, various designations are available to graduates such as Marketing Manager, Stock Broker, Trade Analyst, Branch Manager, Financial Analyst, Policy Analyst, Investment Banker, Research Associate, etc.

What Does An MA Economics Graduate Do?

The Master of Arts in Economics introduces students to the various concepts of economics and relevant areas. The various specializations available in the course ensure students learn all important concepts and also develop skills by the professional demands. 

Marketing Manager: The role of a marketing manager is to analyze the market solutions and provide adequate economic forecasts. They generate new leads for business and brand awareness. In addition to the managerial responsibilities, the job portfolio also extends to market analysis, public relations, and budgeting.

Reasons Why MA Economics Can Fetch You A Rewarding Career?

MA Economics is one of the highest-paying career courses available to students in India. Along with paying a handsome salary, the field of economics also offers a wide range of diverse job opportunities. Professionals with a wide range of skills can opt for jobs from various fields which further adds leverage to their skill set.

Lucrative Pay: The career after MA Economics duration is one of the highest paying in India. With an average salary of INR 6 LPA after graduation (Source: Payscale), the figures increase as the candidate gains more experience and expertise. 

Read More: MA Economics Jobs and Scope

MA Economics Course Comparison

MA Economics stands for Masters of Arts in Economics and is typically catered to students interested in and inclined towards humanities and social sciences. Below is a comparison of the MA Economics course with other courses:

MA Economics vs M.Phil Economics

The table below showcases the differences between MA Economics and M.Phil Economics:

Course Comparison: M.A vs M.Phil in Economics
Course MA Economics M.Phil Economics
Full-Form Masters of Arts in Economics Master of Philosophy in Economics
Stream Arts Arts
Course Duration 2 Years 2 Year
Eligibility Should have passed graduation with Economics or from any other stream from a recognized university Masters in Economics
Entrance Exams BHU UET, PUB DET, UPSEE, TS EAMCET UGC NET, TANCET, JNUEE, UoH EE
Top Colleges Presidency College, Miranda House, St Xaviers College JNU, Jadavpur University, Calcutta University, Mumbai University
Fees INR 10,000 - 50,000 PA INR 10,000 - 1 LPA

Read More: M.Phil Economics

Preparation Tips For MA Economics

The Master of Arts in Economics demands not only an in-depth knowledge of the academic concepts but also a certain set of skills. When pursuing a MA course, there are certain preparation tips that the students must keep in mind. These steps are useful to practice irrespective of the specialization, as they are universal steps. Listed below are some of the preparation tips for an MA Economics: 

Regular Practice: Practicing the important concepts at regular intervals ensures a well-wrought understanding of the course details.

Mock Practice: Students of the course should perform the mock practice of questions from previous years to be able to understand the concepts better.

Time Management: Time management throughout the course duration becomes one of the most important qualities for managing the hefty syllabus.

Scope For Higher Education

Ample career opportunities are available to graduates of MA Economics providing a lucrative salary. If one does not wish to pursue the job industry immediately after graduation, one can opt for higher education. Higher education means a higher starting salary upon joining the industry. Some of the scopes of higher education MA Economics are listed below:

Salary of an MA Economics Graduate

Graduates of MA Economics duration find employment in areas of banking, trade, stock market, academic institutions, and research institutes. Both the public and private sectors offer lucrative salary pay to jobs after the course duration. The salary pay is one of the highest in the country given the number of skills that the candidates learn apart from academic reading. The average salary of an MA Economics graduate is INR 6 LPA (Source: Payscale).

Read More: MA Economics Salary

Career Options After MA Economics

There are a variety of designations available to graduates of the course depending upon their area of interest. With the demand for economical purview in almost every sector around the globe, the scope of diversity is endless. By the area of interest and skills acquired, students can apply for areas of recruitment such as banking, academic institutions, research centres, trade, stock market, media, and digital marketing. Listed below are some of the career options after MA Economics:

  • Marketing Manager
  • Digital Marketer
  • Stock Broker
  • Trade Analyst
  • Research Associate
  • Lecturer
  • Risk Analyst
  • Marketing Consultant
  • Investment Analyst

Career Options

Skills That Make You The Best MA Economics Graduate

With MA Economics being one of the most dynamic courses available, academic reading is not sufficient to stand out from the rest. Various skills are to be developed by students when they decide to pursue a MA course. The MA course helps the students to carve a niche and also to excel in the professional field. Listed below are a few skills that make one an adequate MA Economics graduate: 

  • Numerical skills
  • Problem Solving Approach
  • Expert in one technical domain
  • Cost-cutting skills
  • Managerial abilities
  • Communication skills
  • Interpersonal approach

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

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