IIT Kanpur to offer M.Sc. in Economics from 2023-24

Students from both economics and non-economics backgrounds will be eligible for admission into the program.

The Indian Institute of Technology Kanpur has announced the launch of a new two-year Master of Science program in Economics. The M.Sc. program in Economics will be offered by the Department of Economic Sciences from academic session 2023-24.

Sharing the announcement, IIT Kanpur Director, Prof Abhay Karandikar wrote on Twitter: “I am happy to announce the introduction of a new two-year Master of Science program in Economics starting academic session 2023-24.”

He added that the program has been designed to equip students to acquire core competencies as professional economists and to leverage the unique combination of expertise at the frontiers of economics and technology at IITKanpur and to impart advanced skills in emerging interdisciplinary areas.

Students from both economics and non-economics backgrounds will be eligible for admission into the program.

M.Sc. in Economics Programme

Beginning in the academic year 2023-24, the Department of Economic Sciences at the Indian Institute of Technology, Kanpur will offer a two-year Master of Science (M.Sc.) programme in Economics. The curriculum for the programme has been designed to not only equip students to acquire core competencies as professional economists but also to leverage the unique combination of expertise at the frontiers of economics and technology at IIT-K to impart cutting-edge skills in emerging interdisciplinary areas.

Entry into the Programme

Students from both Economics and non-Economics backgrounds will be admitted into the program. The minimum eligibility criterion is first class in the applicant's undergraduate degree.* Applicants who satisfy this criterion will have to first take the GATE or JAM examination either in economics (GATE-HSS (Economics) or JAM-Economics) or in any other discipline. The initial shortlisting of students will be done based on their GATE/JAM scores. Thus to apply for the M.Sc. in Economics programme starting in 2023, applicants should appear for GATE/JAM 2023. Candidates who meet a percentile-based cut-off will be invited to appear for a written examination to be conducted by the Department. Further details about the written examination is presented here.

Those in the final year of their undergraduate program are welcome to apply, but their admission would be contingent on satisfying the minimum eligibility criterion.

Program structure

Students will have to take a total of 20 courses accounting for approximately 180 credits. There will be a total of 11 compulsory courses and 9 elective courses. The compulsory courses include courses in microeconomics, macroeconomics, mathematical methods in economics, applied probability and statistics, econometrics, game theory and computational methods in economics. The elective courses would include both courses offered by the department as well as from other departments. Students who maintain a CPI above a certain threshold may opt for thesis credits in the final year.

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