M.Phil Economics Jobs, Scope, Salary in India 2024

Updated on - Jan 4, 2023

M.Phil Economics job scope in India and abroad are in high demand and has a wide range for graduates. M.Phil Economics provides graduates with the necessary knowledge related to finance, budgeting, economics, etc., which helps them have a better career. There is growth and scope for the M.Phil Economics students in various public and private sectors of reputed organizations in India and abroad.

Career Prospects And Job Scope for M.Phil Economics

The demand for M.Phil Economics jobs in India and abroad is good. The M.Phil Economics course has excellent career opportunities for graduates in various reputed organizations' private and public sectors in India and abroad. Moreover, since there is a high job scope of M.Phil Economics in India, they can venture into government organizations, agricultural Companies, forecasting firms, manufacturing firms, educational firms, law firms, business firms, international trade firms, etc. Some of the best job vacancies for M.Phil Economics graduates are:

Teaching
Banker
Manager
Consultant
Forecaster
Analyst
Writer
Administrator

Areas of Recruitment For M.Phil Economics

M.Phil Economics graduates are in demand for every area of recruitment, such as in Agricultural Companies, Economic Research Institutions, Analysis/Forecasting Firms, Stock Exchanges, Financial Information Firms, Banks/Credit Unions, International Trade Companies, Manufacturing Firms, Research Firms and much more. Most private and public sectors of various reputed organizations working in India and abroad prefer M.Phil Economics work in India and abroad. Some areas of recruitment for the course are:

Law
Civil Services
Business Firms
Education
Finance
IES
Research & Development
HR Departments

Salary Packages for M.Phil Economics Graduates

M.Phil Economics salary in India in public and private sectors of various reputed organizations is around INR 2 - 10 LPA [Source: Glassdoor]. Therefore, the M.Phil Economics education scope to get an excellent job with a decent salary package is relatively high. The M.Phil Economics Salary in India might increase depending on the student's skills, techniques, and work experience. Some of the very best and high salary jobs for M.Phil Economics in India after the course with the best starting salary are as follows:

Designation	Salary/Month
Investment Banker	INR 60K
Financial Analyst	INR 80K
Auditor	INR 50K
Stock Broker	INR 50K
Systems Analyst	INR 40K

Source: Payscale

Government Jobs For M.Phil Economics Aspirants

M.Phil Economics has high job priority and respect in almost every organization in the government sector. M.Phil Economics job scope in India, in the government sector for the postgraduates, is in a wide range and highly rewarding for the postgraduates. After the M.Phil Economics course, the salary offered to the postgraduates in the government sector is also good in numbers. Some of the very best M.Phil Economics government jobs are as follows:

Top Government Companies	Job Profiles	Salary
Central Board of Direct Taxes	Income Tax Officer	INR 4 LPA
Reserve Bank of India	Banker	INR 3 LPA
Civil Services	IAS	INR 12 LPA

Source: Glassdoor

Private Jobs for M.Phil Economics Aspirants

As for jobs in the government sector, M.Phil Economics job opportunities for the private sector hires many economists graduates Accenture, IKEA, C.Johnson, Rolex, LEGO, Koch Industries, TATA, Reliance, KPMG, Birla, Lodha, and others are among the top private firms that hire M.Phil Economics aspirants according to experts, some examples of jobs in reputed organizations in India in the private sector where an M.Phil Economics credential is valuable.

Top Private Companies	Job Profiles	Salary
IKEA	Finance Analyst	INR 5 LPA
Genpact	Manager Finance & Accounting	INR 12 LPA
Uber	Data Analyst	INR 6 LPA

Source: Naukri

Job Opportunities Abroad For M.Phil Economics

After studying M.Phil Economics in India and abroad, job opportunities are vast and good numbers for the graduates to choose from. Some of the very best M.Phil Economics salary packages with better jobs are Financial Analyst, Professor, Technical Writer, Commerce Officer, Market Analyst, and Economic Development Officer.

Top Companies

Check the list below for the top international companies who hire M.Phil Economics students:

HSBC
NatWest
Morgan Stanley
ICBC
JP Morgan Chase
AXA
World Bank
Allianz

Best Countries

Below is the list of some of the best countries in the world which offer job opportunities to M.Phil Economics:

Australia
USA
Netherlands
Canada
China
Italy
France

Various Career Designations Abroad for M.Phil Economics Students

There is a good career improvement for the job scope of M.Phil Economics in India. Immediately after completing their degree, along with a decent annual salary package, students can work abroad. Some of the very best jobs offered to the graduates for M.Phil Economics to work abroad are: