International Economics: Admission 2024, Fees, Syllabus, Entrance Exam, Top Colleges, Career Scope

Updated on Apr 23, 2024 01:07 IST

International Economics is a branch of economics which deals with the economic relationships amongst countries and international economic organisations and other economic actors.

The candidates must note that International Economics is available as a subject or a course in India. There are various colleges abroad that offer International Economics as a specialization in courses such as BA, B.Sc and M.Sc.

The duration of an International Economics course depends on the course level.

The admission to various International Economics undergraduate programmes is offered on the basis of merit. However, admission to masters and doctoral International Economics programmes is offered on the basis of entrance exams such as CUET-PG, UGC NET etc.

The International Economics course fee ranges from INR 432 to INR 12 Lakh.

After completing International Economics course, candidates can seek job opportubities in various field in job profiles such as Economist, Actuary and Logistics Coordinator.

Latest Updates:

Course Name

International Economics

Eligibility

  • UG: should have completed class 12
  • PG: should have bachelor’s degree
  • PhD: should have master’s degree

Duration

  • UG: 3 years
  • PG: 2 years
  • PhD: 3-6 years

Fee Range

INR 432 – INR 12 Lakh

Top Colleges

Salary Range

INR 3.7 LPA – INR 27 LPA

Job Scope

International Business Consultant, Economist, Actuary, Logistics Coordinator

Entrance Exams

Top Recruiters

Mahindra Logistics, Kotak Securities, Blue Dart Express

All about International Economics Course

International economics studies how economies interact between countries, with special emphasis on aid, trade, financial flows, migration, and exchange rate policies.

It is a unique field that is pertinent to the globalized economic system, studying problems at the international level.

It has subfields such as international finance and international trade.

Why Study International Economics?

There are several reasons due to which candidates prefer to pursue International Economics courses. Some of which are listed below:

  • The course provides job opportunities in a wide range of fields such as government organisations, logistics companies and consultancies.
  • The course opens up career options for candidates outside India.
  • The course can also be pursued by candidates who wish to become global entrepreneurs.
  • Candidates can work in academia after pursuing International Economics courses.

International Economics Eligibility Criteria

The candidates must note that the eligibility criteria given below can change depending on the institutes and course offered. However, most institutes that provide International Economics course have the following eligibility criteria. The candidate should have:

Course Level

Eligibility Criteria

International Economics UG

  • Completed class 12 or equivalent
  • with minimum 50% marks
  • from a recognized board

International Economics PG

  • Bachelor’s degree holder
  • with minimum 50% marks in graduation

International Economics PhD

  • Master’s degree holder in relevant field

 

International Economics Course Entrance Exams 2024

Given below are some entrance exams through which candidates can take admission in International Economics courses in India:

International Economics Entrance Exams

International Economics Exam Dates

International Economics Exam Schedule

Common University Entrance Test (CUET)

15 May '24 to 24 May '24

CUET Schedule

Under Graduate Aptitude Test (UGAT)

16 Jun '24

UGAT Schedule

Common University Entrance Test (CUET PG )

Mar '25 (Tentative)

CUET PG Schedule

University Grants Commission National Eligibility Test (UGC NET)

16 Jun '24

UGC NET Schedule

International Economics Course Types

An International Economics course is offered at various course levels. Given below are some courses that include International Economics either as a subject or as a specialisation. They are:

International Economics Course Types

BA in Economics

MA in Economics

B.Com

M.Com

LLM

Post Graduate Diploma in International Marketing

B.A. (Hons.) Business Economics

MBA (Business Economics)

B.A. Hons. Business Economics

PhD in Economics

International Economics Syllabus

The syllabus for International Economics may vary depending on the course, course level and the providing institute. Given below is a generic syllabus of International Economics course:

International Economics Syllabus

Introduction to International Trade

International Trade Theory

Balance of Payment (BoP)

Foreign Exchange and Global Capital Market

Top International Economics Colleges

There are several government and private institutes that provide International Economics programme at various academic levels. Candidates must note that Indian colleges do not offer a separate International Economics degree. It is available as a subject or a specialization.

Top International Economics Government Colleges

There are limited institutes in India that provide International Economics courses. Given below is a government college which provides International Economics courses in various course levels:

International Economics Government College

International Economics Government College Fees (in INR)

Jawaharlal Nehru University

432

Top International Economics Private Colleges

Some of the few private colleges that offer International Economics courses at various course levels are as follows:

International Economics Private College

International Economics Private College Fees (in INR)

RIMT University

60,000

Sai University

12 L

Kazian School of Management, Miraroad (East)

-

International Economics Courses Career Scope: Job Profiles, Salary and Top Recruiters

The candidates who pursue International Economics courses can find jobs in finance based firms, government sector and international organisations. The candidates must note that the salaries of various International Economics job profiles given below can change depending on the company and sector.

International Economics Job Profiles

Here are some of the job profiles that can be pursued by a candidate who has completed International Economics course:

International Economics Job Profiles

Average Annual Salary

Banker

4.5 LPA

Credit analyst

8.2 LPA

Market Researcher Associate

4.2 LPA

Financial Analyst

6.7 LPA

Management Consultant

27 LPA

Policy Analyst

7 LPA

Economic Consultant

10 LPA

Compensation Manager

21 LPA

Economist

16.4 LPA

Actuary

9.7 LPA

International Business Consultant

6.9 LPA

Logistics Coordinator

3.7 LPA

International Economics Courses Top Recruiters

Here are some of the top recruiters in India that hire graduates who have pursued International Economics course:

Top International Economics Recruiters

Mahindra Logistics

FM Logistics

Kotak Securities

ICICI direct

Blue Dart Express

AVG Logistics

Niryati (EximScouts)

Vishva Exim Private Limited

Ministry of Finance

Ministry of External Affairs

International Economics FAQs

Q. What is the meaning of international economics?

A. International economics deals with the impact on economic activity due to international differences in productive resources, consumer preferences etc. 

Q. What is included in international economics?

A. Various concepts included in international economics are pattern of trade, globalization, FDI, balance of payments etc. 

Q. What is international economics and its importance?

A. International Economics deals basically with some of the significant economic principles like exchange of goods between different countries and important policies related to it. 

Q. What do international economists do?

A. The responsibility of international economists is basically to study international financial markets, their impacts on trade and policies, exchange rates etc. 

Q. How much an economist earns in India?

A. As per a popular website, an economist earns between INR 1.88 lakhs to 14.81 lakhs annually in private sector. Meanwhile, in government sectors, they can between INR 10,000 to INR 12,000 monthly. 

Q. What can I do after BA economics?

A. The scope after completing BA economics is wide. Candidates can work as a banker, economist, market analyst, sales executive, investment administrator, human resources etc. 

Q. Do economists travel?

A. Yes, there are many economist, who work from home, but many travel for the professional requirements like conferences etc. 

Q. Which is better BCom or BA Economics?

A. Both are good courses. Candidates can choose either Bachelor of Commerce (BCom) or Bachelor of Arts (BA) as per their interest. Candidates interested in banking, businesses etc can opt BCom while candidates with interest in behaviour of goods can opt BA Economics. 

Q. What are the skills required for International Economics?

A. Some of the important skills required for International Economics profession are Mathematical skills, logical thinking, data analysing skills, critical thinking, communication skills, management skills, research skills etc.

Q. Can I do CMA after BA Economics?

A. Yes. Candidates with a BA economics degree are considered eligible for CMA exam.

Q. Is economics better than commerce?

A. Both economics and commerce are equally important subjects. Candidates can choose anyone of them depending on their interest and future goal. Economics provides candidates to understand the issues of trade market etc while with commerce candidates can develop a macro level approach. 

Popular International Economics Colleges in India

Following are the most popular International Economics Colleges in India. Learn more about these International Economics colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
1 Course
432
9.5 LPA
1 Course
2.4 L
12 L

Popular Private International Economics Colleges in India

1 Course
432
9.5 LPA
1 Course
2.4 L
12 L

Popular International Economics UG Courses

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

UG Courses

Popular International Economics PG Courses

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

PG Courses

Popular Exams

Following are the top exams for International Economics. Students interested in pursuing a career on International Economics, generally take these important exams.You can also download the exam guide to get more insights.

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