Economics Courses: Eligibility, Admission 2025, Fees, Entrance Exams 2025, Syllabus, Top Colleges, Career Scope: Job Profiles and Salary

Updated on Jul 8, 2024 12:43 IST

Economics Courses is the study that teaches candidates about the various factors working around the financial institutions in India and all over the world. Economics is the study of how people interact with each other and the environment they make, produce and distribute goods and services. It offers candidates a comprehensive understanding of economic theories, policies, and practices, preparing students for a wide array of career opportunities. Economics is one of the most popular streams candidates select throughout and after their 10+2. Candidates may choose to take Economics courses at the undergraduate, graduate, and doctorate levels. 

Depending on the level, economics courses typically last 2 to 5 years. The average fees to study economics in India's leading colleges range from INR 25,000 to INR 1 lakh. The candidate's preferred institute will determine the cost of the economics course. Following high school, the most sought-after Economics courses include the Bachelor of Arts (BA) and Bachelor of Science (BSc) degrees.

 The eligibility criteria for the Economics course can vary by the level of the course and the university: UG Level, PG Level, PhD Courses for which you need a 50-60% from a recognized institution. Some institutions may have their own rules and examinations for admission. 

Some of the common entrance exams that allow admission to students in Economics courses are  IPU CET, CUET, UGC NET, and CUET PG etc. etc. A degree in economics gives an insight into the financial conditions of the country and its institutions to the students, which is helpful in real functioning in the industry. The students also have the option to pursue a Master of Business Administration (MBA) and Post Graduate Diploma in Management (PGDM) after graduation in Economics.

The career opportunities for Economics students in India are, Analyst, Research Assistant, Assistant Professor, Post Graduate Teacher, Economist and some top recruiters are KPMG, The Economist, World Bank, IMF, CRISIL, NITI AYOG, Alice Blue, Paytm Money, Axis Bank, Deloitte Consulting Services, Amazon etc. 

Several colleges offer Bachelor's and Master's degrees in Economics such as Hansraj College, University of Delhi, St Xavier’s College, Mumbai, Miranda House, University of Delhi, Education Lanes, Mahindra Group Initiatives, and Christ University. Candidates can get a deep insight into the Career after Economics in this article.

LATEST UPDATES:

  • The CUET PG registration window 2025 is open for admission to PG courses, and the last date to register has been extended till Feb 8, 2025.
  • The CUET PG 2025 exam will be scheduled between March 13, 2025, and March 31, 2025.

Economics Course Highlights

The field of Economics has a broad application. Because of its global relevance, there are more prospects for employment in Economics. This article will examine the application of Economics and possible career paths.

Interested students can have a quick look at the table below for more details related to courses available in Economics, job positions, fees, colleges, and recruiters.

Particulars 

Details 

Course Name

Economics 

Economics Course Duration

Graduation : 3 Years

Post Graduation: 2 Years

MPhil: 1-2 Years

Doctoral : 3 Years

Economics Course Economics Course Eligibility

Graduation: Should have passed class 12 from a recognised board and secured a minimum of 50%

Post Graduation: Should have graduated from a recognised board and secured a minimum of 45%

Economics Course Top Entrance Exams

IPU CET, CUET, UGC NET, CUET PG etc.

Economics Course Course Fee 

Up to INR 2 lakh 

Economics Course Average Salary 

INR 3 to 6 lakh 

Economics Course Top Recruiting Companies 

KPMG, The Economist, World Bank, IMF, CRISIL, NITI AYOG, Alice Blue, Paytm Money, Axis Bank, Deloitte Consulting Services, Amazon etc. 

Economics Course Job Positions 

Analyst, Research Assistant, Assistant Professor, Post Graduate Teacher, Economist

Economics Course Top Colleges

Hansraj College, University of Delhi, St Xavier’s College, Mumbai, Miranda House, University of Delhi, Education Lanes, Mahindra Group Initiatives, and Christ University.

Quick Links Related to Economics Course:

Top Colleges to Pursue Economics

Top 14 Guesstimate Questions And Answers For Interview

Why Study Economics Courses?

  • After pursuing Economics, one can pursue either a postgraduation or a doctorate in Economics and establish a career in academics. One can also pursue a Bachelor of Education (B.Ed) and work as a TGT or PGT in popular schools.
  • You gain an insight into how economics works globally.
  • Different economics-related careers are well-paid.
  • Economics skills apply across industries and roles.
  • Economics graduates are also hired by public and private banks and other commercial companies.
  • Graduates can also pursue professional courses such as Chartered Accountancy, Company Secretary, Cost and Management Accounting (CMA), Chartered Financial Analyst (CFA), Bachelor of Laws (LLB), etc after studying Economics.
  • Learn about international trade and global markets.
  • Professionals are hired by top multi-national companies for various job profiles such as Analyst, Administrator, Economist, Banker etc.

Q:   What is economics? How many types of economics courses are there?

A:

Economics is a social science concerned with the production, distribution and consumption of goods and services. It studies how individuals, businesses, governments and nations make choices in allocating resources to satisfy their wants and needs and tries to determine how these groups should organize and coordinate efforts to achieve maximum output. Economics can generally be broken down into macroeconomics, which concentrates on the behaviour of the aggregate economy, and microeconomics, which focuses on individual consumers. The majority of universities offer Bachelor's (BA Economics or BA Hons Economics) and Master's degrees (MA Economics or M.Sc Economics) programs. Business economics is a field in applied economics that uses economic theory and quantitative methods to analyze business enterprises and the factors contributing to the diversity of organizational structures and the relationships of firms with labour, capital and product markets. Business economics is the study of the financial issues and challenges faced by corporations operating in a specified marketplace or economy. Business economics deals with issues such as business organization, management, expansion and strategy. Studies might include how and why corporations expand, the impact of entrepreneurs, the interactions between corporations, and the role of governments in regulation. Multiple universities offer Bachelor's (BBE) and master's degrees (MBE) in business economics.

Q:   Who can pursue Economics courses?

A:

Anyone who wishes to pursue a promising career in academics or economic policy-making or the banking industry can pursue Economics.Those candidates who have pursued Mathematics are favoured for UG courses in Economics since Statistics is one of the major subjects offered both in UG and PG courses in Economics.Many candidates also aspire to join government services through UPSC CSE, or State PSCs or UPSC IES and Economics is a popular optional subject in these examinations. Students who possess Research, Analytical, and Statistical skills can be admitted to Economics courses.

Q:   What is the scope after doing BA honors in economics?

A:
B.A. (Economics) is one of the most popular course from Delhi university. It is extremely good choice in terms of jobs and career. Coming to the prospects: You can land up in RBI, PSUs. You are eligible for the Indian Economic Services, public sector banks. In private sector banks, BPOs. If you are also good at writing, you may write in business journals or newspapers. In terms of higher education in the field of economics, you can pursue post-graduation and Ph.D. With this, you can teach in colleges. With a combination of B.A. (Eco) and LB, you can venture into being a corporate lawyer. Economic Journalism is a new emerging field. I have a few friends in Eco Honours, in SRCC and other colleges of the campus. I asked them and this is actually what they told me.

Economics Courses Eligibility Criteria

The prerequisites for enrolling in an Economics course at the undergraduate or graduate level can differ depending on the university,  The eligibility criteria for the Economics course can vary by the level of the course and the university.

UG Level, PG Level, PhD Courses for which you need 50-60% from a recognized institution. Some institutions may have their own rules and examinations for admission. 

Candidates are advised to check the eligibility criteria of the colleges before applying for admission.

  • Candidates, who have completed their 10+2 with a minimum of 50 % in any stream from a recognised board can enrol themselves in a Bachelor course. (BA)
  • To pursue a Master's course in Economics,(MA) one should have a bachelor's degree in Economics with a minimum of 50 per cent marks from a recognised university.
  • To pursue a Doctoral degree in Economics, (PhD) the candidate should hold a master’s degree from a recognised university and should clear UGC-NET.

Q:   I belong to arts stream and I have not studied Maths or Accountancy. Can I apply for BA Economics?

A:
No, Arts students are not eligible to pursue BA Economics unless hey have studied Economics and Mathematics as subjects in Class 12. Since you have mentioned that you have not studied Mathematics in Class 12 , you cannot apply for BA Economics.
However there are some private colleges that have relaxed admission criteria where students like you can be eligible to apply. You can also pursue BA Economics through distance colleges such as IGNOU. Hope this helps. All the best

Q:   What is the eligibility criteria to get admission for MA economics?

A:

To be eligible for MA Economics you should have completed either BA Economics or BSc Economics. Apart from that you should have scored at least 50% or 5.5 CGPA in your graduation. Youb need not worry about age limit as most colleges do not prescribe minimum or maximum age bar for the course. You can apply for the course after you have completed the graduation or when you are in your final year. 

Economics Admission Process

The admission process for economics courses varies by university, but here are some general steps to follow:

  • Eligibility: Check the eligibility criteria for the college/ institution and the program that you're interested in, and you need a 10+2 with a minimum of 50% marks in any stream from a recognized board. To pursue a master's degree, you'll usually need a bachelor's degree in economics with a minimum of 50% marks.
  • Entrance exam: Many programs require an entrance exam to be admitted, such as the CUET PG, PUCET PG, URATPG, IPU CET, or Jamia Milia Islamia (JMI) Entrance Exam. and then wait for the results
  • Counselling: Some programs may include a counselling process after the entrance exam and some may not, depending on the institution.
  • Seat confirmation: After the counselling process, students will need to confirm their seats. 
  • Submit documents:
  • You may need to submit documents after applying for admission.
  • Pay fees:
  • You may need to pay an application fee and other fees to secure your admission.

Top Economics Courses Entrance Exams

Top Entrance Exams for Economics Courses 2024

Most renowned colleges shortlist aspirants for admission to Economics courses offered by them based on their performance in an entrance exam. Candidates qualifying for the written exam have to then appear for counselling.

Some popular entrance exams for Economics courses conducted in India are listed below:

Economics Courses Entrance Exams

Entrance Exam Schedule

Entrance Exam Dates

CUET

May 2025 (Tentative)

CUET Schedule

CUET PG

13th -31st March, 2025

CUET PG Schedule

UGC NET

August 2025 (Tentative)

UGC NET Schedule

Note: This information is sourced from the official website of the institute/exam.

Jun '24

CT SET 2024 Counselling Start

TENTATIVE

Jun '24

CT SET 2024 Result

TENTATIVE

21 Feb ' 25

SAT Registration Deadline for March Test

25 Feb ' 25

SAT Deadline for Changes, Regular Cancellation, a...

Feb '25 - Apr '25

CUET 2025 Application Process

TENTATIVE

Apr '25

CUET UG 2025 Application Form Correction

TENTATIVE

Jun '25 - Jul '25

CPGET 2025 Applications

TENTATIVE

Jul '25

CPGET 2025 Admit Card Release

TENTATIVE

Important Exam Dates

DatesUpcoming Exam Dates

17 Jan '25 -

16 Feb '25

CUSAT CAT 2025 application form

ONGOING

01 Feb '25 -

31 Mar '25

IPU CET 2025 Application Form Availability

ONGOING

Dec '24 - May '25

NMIMS NPAT Registration Window

TENTATIVE

Jan '25 - May '25

NPAT Exam Dates

TENTATIVE

Feb '25 - Mar '25

JMI Entrance Exam 2025 Applications Open

TENTATIVE

Feb '25 - Mar '25

JMI Entrance Exam 2025 Applications Open

TENTATIVE

Mar '25

IPU CET 2025 Release of Admit Card

TENTATIVE
DatesPast Exam Dates

06 Jul '24 -

07 Jul '24

PUBDET Exam

17 May '24 -

18 May '24

MGU CAT 2024 Exam

25 Apr '24

JMI Entrance Exam 2024

Q:   What is the yllabus for CUET exams for B.A. Economics?

A:
PART A will contain 25 MCQs on the following subjects: English Language, General Awareness, Mathematical Aptitude, Analytical Skills PART B will contain 75 MCQs and consist of questions relating to candidates Domain Knowledge/Subject specific questions. , with 2/3/5sections. Each section will have twenty-five or more questions. Candidates will be required to answer X Sections (75 questions) as specified on the front cover of the test question booklet. For example, if Part B consists of 4subjects, namely, Physics, Chemistry, Mathematics and Biology, the instruction will say that a candidate has to attempt any three subjects such as PCB or PCM according to the subjects studied by the candidate in class 12th. If a candidate attempts all the questions from all the sections then the best of the 3 sections will be considered while preparing the merit list. For programs such as, Integrated Courses/B. Voc. /MBA/MCA/LLB or any other general course (s), there will be only one paper comprising of 100 MCQs. It will consist of questions on subjects- English Language, Reasoning, Data Interpretations/ Numerical Ability, General Awareness and Analytical Skills.

Q:   How to prepare for UGC NET?

A:

Preparing for the UGC NET exam requires a well-planned and structured study approach. Here are some tips that can help you prepare for the UGC NET exam:

a) Understand the syllabus: The first step in preparing for the UGC NET exam is to understand the syllabus and exam pattern. Go through the syllabus thoroughly and make a study plan accordingly.

B) Follow a structured study plan: Make a study plan that covers all the topics and subtopics in the syllabus. Allocate sufficient time for each topic and subtopic, and ensure that you cover all the important concepts.

C) Use standard study materials: Use standard study materials and books recommended by experts and previous-year toppers. This will help you get a better understanding of the concepts and topics covered in the exam.

D) Solve previous year's papers: Solving previous year's question papers and mock tests will help you understand the exam pattern and the types of questions asked in the exam. It will also help you identify your strengths and weaknesses and work on them accordingly.

E) Practice time management: Time management is crucial in the UGC NET exam, as you have to complete both papers in a limited time. Practice time management by solving mock tests and previous year's papers within the given time frame.

F) Stay updated with Current Affairs: Stay updated with Current Affairs and developments in your field of study, as questions related to Current Affairs and recent developments are often asked in the exam.

G) Take breaks and stay healthy: Taking regular breaks and staying healthy is important for effective preparation. Ensure that you take regular breaks, get enough sleep, and maintain a healthy diet. In summary, preparing for the UGC NET exam requires a well-planned and structured study approach. By following these tips, you can prepare effectively for the exam and increase your chances of qualifying.

Types of Economics Courses

Through the study of Economics, one gets an opportunity to learn about the Indian economy and its financial institutions. This topic helps to understand the mechanism behind the financial institution. Courses related to this subject introduce an understanding of macroeconomics and microeconomics and development in various fields etc.

Some of the courses offered in Economics are given below:

Course

Duration

BA (Hons) Economics

3-Years

BA Economics + Commerce

3-Years

BSc in Economics

3-Years

MA in Economics

2-Years

MA in Applied Economics

2-Years

MSc in Agricultural Economics

2-Years

Integrated MA in Economics

5-Years

MA Economics with a specialisation in Energy Economics

2-Years

BSc in Economics with Data Science

2-Years

BSc in Politics, Economics and Analytics

2-Years

PhD in Economics

2-Years

MPhil in Economics

2-Years

Q:   What is BA Economics?

A:

BA Economics revolves aorund the optimal use of resources and concentrates on the major conceptual bifurcations of Economics, namely Macroeconomics and Microeconomics. It delves into the various types of financial markets, the operation of an economy, and current economic trends. Some of the common/popular BA subjects available under the Economics specialisation:

  • Econometrics
  • Introduction to Statistical Methods in Economics
  • Introductory Macroeconomics
  • Economics of Banking
  • The Economics of Labour
  • Economic Analysis of Agriculture
  • Business Economics

Q:   Which one is better between MA economics and M.Sc economics for future career prospects and high salary in India?

A:

 M.A. in Economics is a Post Graduate degree that can be done by any aspirant with an undergraduate degree whereas M.Sc. Economics is a Post Graduate Academic degree course that can be accomplished by an aspirant with a Bachelor of Science degree. M.A. Economics focuses on the study of economics as a discipline at an advanced level whereas M.Sc. Economics focuses on the study of scientific principles in the field of economics. The job opportunities, job profiles as well as the salary packages offered for an M.Sc. In Economics graduate is better than that of an M.A. In Economics graduate.

Economics Courses Syllabus

Since economics is a subject that deals more with the economics of the state and the world, students who choose humanities or commerce as their major in classes 11 and 12 typically choose economics as their major in college. The curriculum of economics courses varies from college to college.

Here is the common syllabus and Subjects in Economics.

Semester-1

Introductory Microeconomics

Introductory Econometrics
Mathematical Methods for Economics I Art of Communication
Semester-2

Mathematical Methods for Economics II

Environmental Science

Introductory 2 Macroeconomics

Game Theory

Semester-3 

Statistical Methods for Economics

Intermediate Macroeconomics I

Data Analysis International Trade
Semester-4 

Intermediate Microeconomics II

Research Methodology

Contemporary Economic Issues

Money and Financial Markets

Semester-5

Indian Economy I

Development Economics I

Public Economics

Financial Economics

Semester-6

Indian Economy II

Development Economics II

Economics of Health and Education

Open-Economy Macroeconomics

Specialisations in Economics

To be more effective and competitive, students need to opt for a specialisation in economics. An organisation or person can emphasise their skills and training by specialising in one area of economics. This may result in a higher reputation in the field or at work by establishing credibility and authority concerning a certain topic or procedure.

Candidates pursuing higher studies in the field of economics can undertake courses based on various specialisations such as:

Specialisation Details

Development Economics

Development economics, sometimes known as the economics of development, is the study of economics in developing countries. It employs economic theory to examine ways to foster economic growth, increase employment, comprehend inequality, and improve wealth distribution.

Environmental Economics

A branch of economics that focuses on environmental issues is called environmental economics. Growing environmental concerns have made it a subject that is now extensively investigated.

Econometrics

A branch of economics that focuses on environmental issues is called environmental economics. Growing environmental concerns have made it a subject that is now extensively investigated.

Behavioural Economics

Environmental economics is a subfield of economics that specialises in environmental problems. The environment is currently a topic that is widely researched due to growing environmental concerns.

Macro Economics and Micro Economics

Microeconomics and macroeconomics are the two subcategories of economics. While macroeconomics examines the actions of nations and governments, microeconomics is the study of people and company decisions. 

Top Economics Colleges

Top Colleges for Economics Courses

Economics is a very popular and sought-after course by students.Our society is quickly becoming more competitive and international, which has led to an increase in complexity. Career prospects for experts like economic analysts, researchers, and consultants have increased significantly in recent years.

Every year, students compete for seats in the top institutions offering various courses in Economics. Some of these top colleges include government and private institutions. The colleges mentioned in the table are listed alphabetically and not in any order of ranking hierarchy.

Top Government Colleges for BA Economics

Some of the popular government colleges for Economics are as follows:

College Name Total Fees (in INR)
Atma Ram College, Delhi University 540
Aligarh Muslim University, Aligarh ----
Daulat Ram College, Delhi INR 54,000
Gargi College, Delhi INR 45,000
Jamia Millia Islamia, Delhi 14,000
Madras Christian College, Chennai 56,000
Maharaja Agrasen College, Delhi 540
Shivaji College, Delhi 57,000-1 lakh
Sri Venkateswara College, Delhi 37,000
S S Jain Subodh PG College, Jaipur 48,000

Top Private Colleges for BA Economics

Some of the popular private colleges for pursuing Economics are as follows:

College Name Total Fees (in INR)
Amity University, Greater Noida 2.4 lakh
Christ University, Bangalore 2-6 lakh
DAV College, Chandigarh 50,000
K J Somaiya College of Arts and Commerce, Mumbai 2,000
Mangalayatan University, Jabalpur 50,000
Mithibai College, Mumbai 30,000-97,000
Mount Carmel College, Bangalore 2-4 lakh
Symbiosis University, Pune 77,000
Stella Maris College, Chennai 60,000
St. Xavier's College, Mumbai 30,000
4 Courses
540
7 LPA

#5 The Week

1 Course
23.36 K
6.89 LPA

#8 The Week

7 Courses
38.06 K - 44.67 K
6.6 - 6.89 LPA

#2 Outlook

6 Courses
61.47 K - 74.97 K
9.2 LPA

#1 Outlook

2 Courses
80.61 K
9.5 LPA

#1 India Today

6 Courses
46.55 K
7.2 LPA

#5 India Today

Q:   Which low costing Economics colleges in India provide high placement to their students?

A:

Please refer to the table below for the best low costing Economics colleges in India that offer the highest placement to their students:

College NameTuition FeeEligibility / Exams
IIT Kanpur - Indian Institute of TechnologyINR 12,000 - INR 48,550INR 16.86 LPA
Janki Devi Memorial College, University of DelhiINR 750 - INR 61,370INR 5 LPA - INR 15.5 LPA
IIT Delhi - Indian Institute of TechnologyINR 30,000INR 15.5 LPA
Delhi School of Economics (DSE), University of DelhiINR 480INR 15.5 LPA
Institute of Distance and Open Learning, University of MumbaiINR 16,260 - INR 16,300INR 4.5 LPA - INR 15 LPA

Q:   How many economics colleges are there in India?

A:

There are around 4,000+ best Economics colleges in India of which 1,400+ colleges are owned by the government,  900+ colleges are owned by private entities and the rest 800+ colleges are owned by semi government institutions. CUET, CUET PG, UGC NET, etc. are the popular entrance exams for admission to best Economics colleges in India. Delhi School of Economics, Hansraj College, St. Xavier's College, JMI, IFMR Graduate School of Business and Christ University are the top Economics colleges in India. 

Popular Private Economics Colleges in India

5 L - 16 L
5.5 - 6.6 LPA

Economics Applications open. Apply Now

1.8 L - 2.88 L
1.4 L - 5 L
3.5
1.62 L - 2.7 L
5 LPA
1.06 L - 1.65 L
4.5

Economics Applications open. Apply Now

3.74 L

Top Economics Courses Jobs and Salary

Economics Career Scope:Job Profiles, Salary and Top Recruiters

After studying Economics, students get a good knowledge of the Indian economy, agricultural economy, and industrial economy. Students who want to make their career in the business and commerce and banking sectors can do wonders with the help of the courses available in Economics. The average salary of a graduate from Economics background in India is INR 4-5 LPA. The pay scale, however, rises with experience and performace.

Economics Job Profiles

One should also possess the analytical ability, problem-solving and logical reasoning ability to advance in this field. After completing a bachelor's or a master-level course candidates can try their luck in several profiles. Since it is one of the pillars of the Indian economic system, the field of economics is always demanding. Many chances are available for students in the banking, insurance, investment, etc.

A list of  Economics employment prospects in India is provided below:

Job Profile Average Salary (in INR)

Sales Analyst

4 LPA

Economics Researcher

4.5 5 LPA

Economist

9 LPA

Investment Analyst

7 LPA

Investment Administrator

8 LPA

Customer Profit Analyst

6 LPA

Top Recruiters for Economics

After completing the course students can become valuable assets for the companies and institutions such as the Ministry of Economic Affairs, the Reserve Bank of India and the Indian Economic Services. Well-trained economists are being sought after by numerous domestic and foreign companies. Regarding work opportunities for economists, the banking and insurance sectors are extremely important. Click to learn Top Economic Courses in India.

Jobs opportunities have multiplied since liberalisation, privatisation, and globalisation. The course in Economics really offers some great career scope with good perks and salaries. The top recruiters for Economics graduates are: 

Top Recruiters for Economics Courses

Infosys

KPMG

Reliance Industries

CRISIL

Tata Consultancy Services

World Bank

Deloitte

Ministry of Finance

Q:   What kind of jobs are available after doing B.SC in Economics?

A:
You can try for: 1. Lecturer jobs. 2. Government jobs. 3. Press and media. 4. You can also pursue MBA.

Q:   What are the career options in economics?

A:
There are multiple good career options available for graduate/ postgraduates in Economics. You can join MNCs, BFSI (Banking Financial Services & Insurance) companies as research analysts, Indian Economic Services, Civil Services, RBI, PO in banks , BPO, KPO, PSUs, private companies , Armed Forces as officer, academics etc .

Q:   What is the scope or benefits in MA (Economics)?

A:
M.A. In Economics is a professional Masters Course which enhances your skill and career development in this field of study. After M.A. In Economics in India you can find jobs in these profiles: Financial Analyst, Stock Broker, Associate Researcher, Economy Analyst, Teacher, Senior Business Analyst, Senior Economist, Trade Analyst, Marketing Manager and Branch Retail Manager. Therefore, it provides wide scope for future development.

FAQs on Economics Courses

Economics Courses FAQs 2024

Q:   Can I do Economics in India without any entrance exam?

A:

Yes, you can surely pursue Economics in India without any entrance exam. Please refer to the table below for the best Economics colleges in India that accept students without any entrance exam:

College NameTuition Fee
NMIMS Deemed to be University, BannerghattaINR 7.56 lakh
Universal AI UniversityINR 7.44 lakh
S.S. Jain Subodh Pg CollegeINR 48,300
DIT University - Admission OfficeINR 2.85 Lacs - INR 3.81 lakh
AURO UniversityINR 5.16 lakh

Q:   Is it expensive to pursue economics in India?

A:

No, it can be observed that studying Economics in India can be quite affordable as most of the colleges have an average tuition fee of less than INR 1 lakh. You can refer below for the low costing Economics colleges in India:

College NameTuition FeeEligibility / Exams
Chas College, ChasINR 48Merit-Based
SCS Autonomous CollegeINR 288Merit-Based
Samastipur CollegeINR 300 - INR 396Merit-Based
Darshan Sah College, Purnea UniversityINR 312 - INR 464Merit-Based
Baharagora College, BaharagoraINR 336 - INR 576Merit-Based

Popular Economics Specializations

Popular Specializations

    Popular Economics UG Courses

    Following are the most popular Economics UG Courses . You can explore the top Colleges offering these UG Courses by clicking the links below.

    UG Courses

    Popular Economics PG Courses

    Following are the most popular Economics PG Courses . You can explore the top Colleges offering these PG Courses by clicking the links below.

    PG Courses

    qna

    Student Forum

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    Answered 4 hours ago

    The eligibility criteria for BA (H) in Economics at KIIT School of Economics & Commerce is mentioned in this space:

    • Pass in Class 12 in any stream with at least 50% aggregate and having Mathematics/ Business Mathematics & Statistics as one of the subjects in Class 12 level.
    • The applicant must have bor

    ...Read more

    B

    Bhumika Shukla

    Beginner-Level 3

    Answered 4 days ago

    Undergraduate economics programs such as the B.A. (Hons.) Economics at Delhi University accept both mathematics and applied mathematics as long as you fulfil the requirements. According to the DU criteria, the candidate must have completed their 12th grade coursework in mathematics or applied mathem

    ...Read more

    N

    Nidhi Kumari

    Contributor-Level 10

    Answered 4 days ago

    Hi,

    Yes! You are eligible to pursue a career as an Economics teacher if you have completed an M.Phil Economics degree. Though you should consider also pursuing a B.Ed. It will help you increase your chances of securing a job in a school, as most schools prefer to hire teachers with a B.Ed. If you wa

    ...Read more

    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    IGNOU no longer offers an MPhil in Economics degree or an MPhil in any other specialization, as it has been declared invalid by the UGC in 2020. Students can now directly pursue a PhD after they complete their postgraduate degree. Students who wish to continue their education in Economics, after the

    ...Read more

    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    The MPhil Economics degree is a relatively difficult degree. Economics is a challenging subject in the social sciences as it requires strong analytical skills and complex mathematical tools to compile, study, and interpret data and apply it to the real world. The MPhil Economics course is a transiti

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    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    The MPhil Economics degree was primarily a research-based degree that helped students prepare for a PhD in Economics. The major subjects around which students would learn and conduct research were:

    M.Phil in Economics Subjects

    Foreign Trade, Trade Policies of India

    Fiscal Policy and Fiscal Reforms

    Game-Theoretic Models

    Indian Financial System

    Tax Reforms

    Immigration

    Inequality and Poverty

    Green Economics

    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    Students who wish to take up an MPhil Economics course can still pursue it through private institutes where it is still available. The documents that are required for admission to any university for a postgraduate degree like M.Phil include:

    • Class X, XII Mark Sheet
    • Graduation, Post-Graduation Degree
    • Ph

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    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    Before it was discontinued, the eligibility criteria to pursue an M.Phil course required students to complete their postgraduate degree in Economics (MA or MSc Economics) with at least 45-50% marks. The MPhil degree allowed students to explore research in Economics and develop skills that would help

    ...Read more

    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    Hello!

    The M.Phil degree is no longer valid after the University Grants Commission (UGC) of India declared it as discontinued. Students can no longer obtain an M.Phil degree from any government colleges as it is not recognized. However, some private colleges and institutes continue to offer it, and s

    ...Read more

    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    The M.Phil Economics course duration used to be 2 years. Since the MPhil Economics course has been discontinued, the new batches of students can directly pursue a PhD degree after a 4-year degree (3+1 year of research) if they graduate with at least 75% marks and clear UGC NET. 

    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    An MPhil Economics course is an advanced masters-level research degree that is pursued by students after completing a postgraduate degree. Though it has been discontinued by UGC under the NEP 2020, it was a bridge course between a Masters in Economics programme and a PhD in Economics that allowed st

    ...Read more

    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    Pursuing a Certificate in Economics can be a smart choice for several reasons:

    • An Economics Certificate course can boost your career opportunities. Many roles, such as economic analyst, financial consultant, or market researcher, require a solid understanding of economic principles. This certificate

    ...Read more

    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    There are many reasons why students should choose to pursue a certification in Economics courses. 

    • An Economics Certificate course offers an introduction to the world of economics. It can be pursued by anyone, whether they are a student, a working professional, or someone interested in understanding

    ...Read more

    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    Yes, you can surely learn about the foundations of Economics, its subjects, theories, and its role in society through a certificate-level course, as it allows you to explore the field comprehensively. The Economics courses are structured such that it is easy for students to learn about foundational

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    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    Economics admission in IGNOU is a simple procedure. The students first have to make sure that they fulfill the basic Economics admission eligibility criteria, after which they can fill out the online application form on the official website of IGNOU. Aspirants must select the certification course le

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    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    Hello!

    Yes, there are many Distance/correspondence colleges that provide certification in Economics as a course. Some of the colleges that are popularly chosen by students have been mentioned in the table below:

    Economics Distance Colleges

    Average Fees

    UPRTOU - U P Rajarshi Tandon Open University

    INR 54,000

    Kazian School of Management,   Miraroad

    INR 5,900

    Indian School of Business Management and Administration

    Note: The fees have been taken from the official website and may vary.

    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    Hello! Yes, there are many Economics courses that are available online for free. You can learn Economics for free, but the certification is paid. Here are some Economics online colleges that provide certification:

    Economics Online Colleges

    Average Fees

    Symbiosis School of Banking and Finance

    INR 2,000

    Nexford University

    INR 6,560

    Education Lanes - A Mahindra Group Initiative

    INR 65,000

    Note: The fees have been taken from the official website and may vary.

    M

    Muskan Chugh

    Contributor-Level 10

    Answered 4 days ago

    The Economics Certificate course is a course through which students can learn about the foundations of Economics. Students will learn introductory levels of microeconomics and macroeconomics, etc. The Economics certificate course duration varies depending on various universities and their curriculum

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    M

    Muskan Chugh

    Contributor-Level 10

    Answered 5 days ago

    The fee structure for both the universities is cumulative of different components, such as security deposit, application fee, tuition fee, etc. HBTU Kanpur BBA tuition fee is INR 70,000. While BBA tuition fee at CSJMU range from INR 36,000 to INR 2.4 lakh. Hence, some of the BBA course offered at CS

    ...Read more

    R

    Ranjeeta Karan

    Contributor-Level 6

    Answered 6 days ago

    Numerous colleges and institutions in India have integrated economics courses that incorporate undergraduate and postgraduate studies, usually lasting five years. These programs enable students to complete both their bachelor's and master's degrees in a continuous style while offering a thorough und

    ...Read more

    N

    Nidhi Kumari

    Contributor-Level 10

    Answered 6 days ago

    The Test of Mathematics for University Admission (TMUA) tests your mathematical thinking and reasoning skills. LSE made TMUA mandatory for September 2025 entry for two programs: BSc Economics and BSc Econometrics and Mathematical Economics. You can choose to sit the test on the following dates:

    • Test

    ...Read more

    M

    Misha

    Contributor-Level 10

    Answered 6 days ago

    The tuition fee for the BSc Economics programme at LSE is £9,535 (INR 10,27,369) for home students and £34,000 (INR 36,63,404) for overseas students. This is the fee for the academic year 2025-26. The home student undergraduate fee may rise in line with inflation in subsequent years. However, the ov

    ...Read more

    M

    Misha

    Contributor-Level 10

    Answered 6 days ago

    Yes, a mathematics background is necessary to apply for the BSc Economics programme at the London School of Economics (LSE). A-level Mathematics (or equivalent) is mandatory for admission to the program. Further mathematics can be desirable and enhance the application. Alongside mathematics, analyti

    ...Read more

    M

    Misha

    Contributor-Level 10

    Answered 6 days ago

    The application deadline for the BSc Economics programme at the London School of Economics (LSE) is January 29, 2025. It is important for students to submit the applications as early as possible due to the competitive nature of applications at the London School of Economics. 

    M

    Misha

    Contributor-Level 10

    Answered a week ago

    Work experience is not a strict requirement for an MSc in Economics at the London School of Economics and Political Science. The admissions committee primarily focuses on academic qualifications, including your undergraduate degree, grades, and standardized test scores like the GRE. So having work e

    ...Read more

    M

    Misha

    Contributor-Level 10

    Answered a week ago

    To be accepted into the MSc Economics programme at the London School of Economics (LSE), applicants must meet the following necessary requirements:

    • First class honors degree in economics or equivalent with a concentration in economics and quantitative subjects. 
    • GRE is required for applicants without

    ...Read more

    M

    Misha

    Contributor-Level 10

    Answered a week ago

    Dear Animesh,

    To be considered for admission to the B.A. (Honours) in Economics at Ravenshaw University, you need to have secured a minimum of 50% marks in aggregate in your Higher Secondary (12th) examination.

    However, meeting the minimum eligibility criteria does not guarantee admission, as the univ

    ...Read more

    A

    Ankit kumar

    Contributor-Level 9

    Answered a week ago

     

    Dear Animesh,

    To be eligible for the B.A. (Honours) in Economics at Ravenshaw University, you need to have secured a minimum of 50% marks in aggregate in your Higher Secondary (12th) examination.

    Admission is based on merit, determined by your aggregate marks in the qualifying examination. The unive

    ...Read more

    A

    Ankit kumar

    Contributor-Level 9

    Answered a week ago

    The best place to study economics is at universities like MIT and Oxford, which provide high-quality education and access to leading experts in the field. Additionally, being located in countries like the United States and the United Kingdom offers students valuable networking opportunities and reso

    ...Read more

    R

    Raushan Kumar

    Contributor-Level 10

    Answered a week ago

    MIT has the best economics programme in the world, followed closely by the University of Oxford and Stanford University. These institutions are recognised for their strong academic curricula and research opportunities in economics.

    R

    Raushan Kumar

    Contributor-Level 10

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