Best Economics colleges in Kolkata - Courses, Fees, Admissions 2024

Economics is one of the most popular subjects because of its high utility and huge demand in the job markets. It is also an important discipline in terms of career as well as job. There is always a high demand of well-trained economists. With the increase in globalisation, business organisations hire financial analysts, researchers and consultants.

Kolkata, the city of joy, over the years has produced some well-known economists. Some include Abhijit Banerjee, Kalyan Sanyal, Amartya Sen, Anindya Sen, Amiya Bagchi, Maitreesh Ghatak, Bhabatosh Datta, etc. Economists such as Amartya Sen and Abhijit Banerjee won the Nobel Prize.

There are a total of 58 Economics colleges in Kolkata. Out of these, 36% colleges are public/government, 26% are private and 13% are public-private. The popular Economics colleges in Kolkata are St. Xavier's College, The Heritage College, Presidency University, St Xavier's University, Jadavpur University, Department of Economics, University of Calcutta, Rabindra Bharati University – RBU, Ramakrishna Mission Residential College, etc.

These colleges offer undergraduate and postgraduate degrees in full-time and distance/correspondence mode of study. Some of the popular Econimics specialisations offered by these colleges include:

• Mathematics
• Statistics
• English
• Physics
• Chemistry
• Computer Science
• Financial Modelling
• Financial Planning and Analysis
• Stock Analysis and Trading
• Zoology
• Botany

To pursue Economics courses, candidates must have the following skill-set:

• Mathematical Knowledge
• Analytical Knowhow
• Research-Minded
• Patience
• Positive and optimistic approach
• Logical Thinking
• Communication Skills

Here is the list of some of the top private, public and public-private Economics colleges in Kolkata:

Private Colleges	Course Fee (in Rs)
Presidency University, Kolkata	10 K - 12.95 K
Jadavpur University	-
Department of Economics, University of Calcutta	4.48 K
Rabindra Bharati University - RBU	-
University of Kalyani	2.4 K

 

Public Colleges	Course Fee (in Rs)
St. Xavier's College Kolkata	60.5 K
The Heritage College	1.91 L
St Xavier's University, Kolkata	2.32 L - 3.21 L
Asutosh College	11.25 K - 15.18 K

 

Public-Private Colleges	Course Fee (in Rs)
KK Das College	-
Anandamohan College	-
Victoria Institution	-
Mrinalini Datta Mahavidyapith	-

According to NIRF, there are top 5 Economics colleges in Kolkata:
College	Ranking
St. Xavier`s College	7
Ramakrishna Mission Residential College	20
Loreto College	75
Jadavpur University	5
Calcutta University	7

Economics Courses Eligibility Criteria

To apply in Economics colleges in Kolkata, candidates need to meet the following eligibility parameters:

• For admission to undergraduate programme, candidates must have passed Class 12 or equivalent from a recognised university.
• Candidates from any stream can apply for the course.
• Students must have studied Mathematics in Class 12.
• Candidates need to meet the cutoff marks decided by the colleges.
• Some colleges also conduct entrance exams for admission.
• For admission to postgraduation programme, candidates must have completed graduation. Candidates with Economics (Hons) are given preference in postgraduation.

What are the study options after Economics courses?

Students find opportunities in both public and private sectors. A career in Economics is not limited to technical. Students find opportunities in government enterprises, financial institutions such as banks and investment firms, publishing house, Indian Economic Services, RBI, etc. Candidates can also apply for Civil Services exams. A postgraduate or PhD holder in Economics can take up teaching as a career option. There are large number of colleges in India that appoints individuals as faculty member in their Economics departments on full-time/part-time basis. Economics graduates are paid handsome salary package with other perks and benefits.

After completing graduation, candidates can opt for jobs as well as go for higher studies. Students can pursue MBA/PGDM to enhance their career in management and marketing fields. Students can study LLB to become a corporate lawyer. They can appear for UGC NET or do BEd to get opportunities in the field of teaching and professorship. Students can also pursue MCom, MA in Economics and MSc in Economics. They also also opt for doctoral and postdoctoral programmes in Economics. Students can also go for fellowship programmes offered by Indian Universities or Foreign Universities.

Listed below are the courses that candidates can opt for after completing graduation in Economics:

Postgraduate Courses

• MA (Analytical & Applied Economics)
• MA (Applied Economics)
• MA (Business Economics)
• MA (Corporation and Applied Economics)
• MA (Econometrics)
• MA (Economics)
• MA (Indian Economics)
• MA (Quantitative Economics)
• MBA (Business Economics)
• MSc (Applied Economics)
• MSc (Mathematical Economics)
• MBE (Master of Business Economics)

M Phil and PhD

• MPhil (Applied Economics)
• MPhil (Economics)
• MPhil (Applied Econometrics)
• PhD (Business Economics)
• PhD (Economics)

Diploma Courses in Economics

• Post Graduate Diploma (Applied Economics)
• Post Graduate Diploma (Econometrics)

Placement Trends

The career prospects of Economics graduates are many. Students find excellent opportunities after completing graduation or postgraduation. Some of job profiles that candidates can choose are given below:

• Economist
• Economic Advisor
• Executive
• Analyst
• Consultant
• Researcher
• Financial Analyst
• Business Analyst
• Economic Research Analyst
• Stock Market Analyst
• Securities Analyst Trainee
• Financial Planner
• Equity Analyst

Listed below is the highest salary for BBA Colleges in Kolkata for 2019-2020:

College Name	Highest salary (in Rs LPA)
Department of Economics, University of Calcutta	8.34
Jadavpur University	7.9
St Xavier’s College	5.5
Presidency University	5
Ramakrishna Mission Residential College	2.4

The infographic below will give candidates the detailed overview:

Top Recruiters for Economics Graduates

A large number of Economic colleges in Kolkata offer a good placement opportunities to students. Below is the list of few top companies that recruit Economics graduates along with their placement ratings:

College	Placement Ratings	Top Companies
St. Xavier's College Kolkata	4.1	Cognizant, Deloitte, Ernst & Young, Federal Bank, GODREJ, Google, IBM, Infosys, KPMG, Tata Capital
Presidency University	3.2	MU SIGMA, Deloitte, etc
Department of Economics, University of Calcutta	3.4	PWC, HSBC, TCS, Bridge i2i, Ipsos, Genpact, Affine Analytics, Deloitte, DCB bank, PRADAN, CRIF, Kantar, Accenture, SBI ITC, Bengal Chamber of Commerce, etc.
Jadavpur University	4.3	Texas Instruments, Coca Cola, Cipla, Airbus, CESC Ltd, Mercedes Benz, Citi Bank, ADB, Siemens and HSBC, Adobe, Microsoft, L&T, SAP Labs, Infosys, Shell, Daikin and Reliance

Economics Modes of Study

Economics courses in Kolkata can be pursued from various colleges through different modes such as full-time and distance/correspondence. Around 56 Economics colleges offer full-time course and rest of the colleges offer distance/correspondence mode for pursuing Economics courses. Some of these colleges are given below:

Full-Time Mode of Study

Some of the popular colleges/universities that offer full-time Economics course are:

Colleges	Location
St. Xavier's College Kolkata	Kolkata
Presidency University, Kolkata	Kolkata
Jadavpur University	Kolkata
Department of Economics, University of Calcutta	Kolkata
Rabindra Bharati University - RBU	Kolkata

Distance/Correspondence Mode of Study

Colleges/universities that offer courses through distance/ correspondence mode are as follows:

Colleges	Location
NSOU - Netaji Subhas Open Univesity	Kolkata
St. Peter's College	Kolkata

How Affordable is Studying Economics Course in Kolkata?

It can be estimated that pursuing Economics in Kolkata is moderately-priced as 26% of the colleges have annual fees of less than Rs 1 lakh. Some of these colleges are:

• Xavier's College Kolkata
• Presidency University, Kolkata
• Department of Economics, University of Calcutta

Around 7% Economics colleges in Kolkata have course fee between Rs 1 to 2 lakh. Some of these colleges are:

• The Heritage College
• Adamas University
• Sister Nivedita University

Around 5% Economics colleges in Kolkata have course fee between Rs 2 to 3 lakh. Some of these colleges are:

• St Xavier's University, Kolkata
• Adamas University
• Brainware University

Around 3% Economics colleges in Kolkata have course fee between Rs 3 to 5 lakh. Some of these colleges are:

• St Xavier's University, Kolkata
• Amity University, Kolkata

Economics Specialisations Offered in Kolkata

Economics colleges in Kolkata offer diversified specialisations in Mathematics, Statistics, English, Physics, Chemistry, Computer Science, Financial Modelling, Financial Planning & Analysis, Stock Analysis and Trading, etc. Refer to the infographic below to get a detailed overview of the Economics specialisations in Kolkata:

Which are the most popular Economics Exams in Kolkata?

To get admission in Economics colleges in Kolkata, candidates need to appear in entrance exams such as Amity JEE, Calcutta University Entrance Exam and SNUET.

Shiksha Singh