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    MA Economics Course, Admissions, Eligibility, Colleges, Syllabus, Fees, Career

    Edited By Ankita Sinha | Updated on Oct 03, 2023 08:28 AM IST

    What is MA Economics?

    MA Economics or Master of Arts in Economics is a postgraduate degree programme with a duration of two years in the field of Economics. Master of Arts in Economics course is divided into four semesters, which is one of the sought-after students pursuing the arts stream. Master of Arts in Economics degree programme is aimed to offer a comprehensive understanding and proficiency in the field of economics. MA Economics course includes various economic theories, guiding principles, and analytical techniques to assist students in comprehending and analysing complex economic events.
    Apply for Ahmedabad University MA Economics - Click here

    Macroeconomics, microeconomics, international economics, econometrics, and development economics are just a few of the specialist tracks or emphases that are frequently available in MA Economics programs, allowing students to concentrate on their areas of interest. Master of Arts in Economics course is the branch of science that deals with production, consumption, supply and demand changes in the markets. The average Master of Arts in Economics salary offered to the graduates is around Rs. 5 to Rs. 7 Lakh per annum. In this article, we will discuss MA Economics eligibility, MA in Economics syllabus, MA Economics subjects list, MA Economics entrance exam, the scope of MA Economics, MA Economics fees, and MA Economics subjects.

    Highlights - Master of Arts in Economics



    Degree Name

    MA in Economics

    Degree Type


    Degree Duration

    2 years

    Entrance Exams


    Eligibility Criteria

    Graduation with a degree in B.A. in Economics or a minimum percentage of 50% at the level of graduation is required

    Admission process

    Entrance Exam/ Undergraduate qualification in economics or any discipline from a recognised university

    Fees for the entire duration

    Rs. 20,000 to Rs. 50,000

    Average Salary

    Rs. 5-7 Lakh per annum

    Job profiles

    Professional Economist, Data Analyst, Equity Analyst, Financial Planner, Professional Economist, etc.

    Top recruiters

    ICICI Bank, RBI, Citi Bank, Kotak

    MA Economics Eligibility Criteria

    The MA Economics Eligibility criteria are almost the same for every university. Various private and government colleges in India offer MA Economics degree programmes. The MA Economics eligibility criteria for these colleges are set by the admission conducting authorities. Some of the common MA Economics eligibility criteria defined by these universities are mentioned below:

    • The candidate must have completed a degree in B.A. in Economics, Bachelor of Economics, or B.Com.
    • There are few colleges that accept students who have studied Economics in their other degree courses.
    • Candidates must have obtained at least aggregate marks of 50 per cent or 60 per cent as that is the minimum requirement of almost all the colleges.

    MA Economics Admission Process

    Depending on the university, the MA Economics eligibility criteria differ. Some colleges accept candidates based on the results of the entrance exam and marks obtained in 10+2. MA Economics admission to other institutions is based on merit. In this article, we will discuss MA Economics course details, such as the MA Economics entrance exam, the scope of MA Economics, MA Economics fees, and MA Economics subjects.

    • Candidates can apply for the MA Economics admission programme by going to the institution, completing the MA Economics application form, and providing all required documents.
    • Students can also apply by visiting the college's website, completing the MA Economics programme application form, and submitting all required documentation.
    • For some colleges, candidates need to appear for the entrance examination for the MA Economics admission.

    Top Entrance Exams For MA Economics

    CUET PG: CUET PG or Common University Entrance Test-PG is conducted by NTA (National Testing Agency), a national-level entrance examination for admission to various master's degree programmes. The score of the CUET-PG entrance examination is accepted by 47 central universities in India.

    Cutoff of Top Colleges

    The cutoff for admission to MA Economics depends on the college's admission process. It is released after the completion of the entrance exam, candidates can check it on the official website of the respective college or university. Generally, these cutoff marks are not released publicly. The MA Economics cut-off deciding factor also depends on the college, there are some basic factors that are considered, such as entrance exam score, category, and others.

    MA Economics Skills Required

    Students interested in pursuing an MA in Economics degree need to have a diverse set of skills to comprehend the knowledge provided in the MA Economics course. These abilities are required for a successful career in the future. In the table below, we have mentioned the MA Economics skills.

    Numerical Accuracy

    Observation Skills

    Predictive Nature

    Active Listening



    Decision-Making Skills

    Critical Thinking Skills

    MA Economics Syllabus

    The MA in Economics syllabus is similar as every college follows the UGC syllabus structure but the MA Economics subject can vary depending on the curriculum. MA in Economics syllabus encompasses not just micro and macroeconomic theories but also public finance, trade, financial economics, and environmental studies. MA Economics subject of the Ravenshaw University have been discussed in the table below.

    Semester 1
    Microeconomics Analysis-I

    Public Economics-I

    Economics of Growth & Development-I

    Macroeconomic Analysis-I

    Basic Econometrics-I-
    Semester 2
    Microeconomics Analysis-II

    Public Economics-II

    Economics of Growth & Development-II

    Macroeconomic Analysis-II

    Basic Econometrics-II-
    Semester 3
    Indian Economic Policy-I

    International Economics-I

    Economics of Environment-IOptional-1-I
    Semester 4
    Indian Economic Policy-II

    International Economics-II

    Economics of Environment-IIOptional-1-II
    Elective Subjects
    Mathematical Optimisation

    Advanced Econometrics – I

    Agricultural Economics – I

    Financial Institutions and Markets – I

    Game Theory and Strategic Behaviour

    Advanced Econometrics – II

    Agricultural Economics-II

    Financial Institutions and Markets – II

    MA Economics Fee Structure:

    The MA Economics fee structure depends on various factors such as whether the university or college, the candidate is choosing is public or private. The course fee in public universities is comparatively less than in private universities. The average fee in a public university or college falls between Rs. 15,000 to 20,000. Whereas, the MA Economics fee in a private university is Rs. 60,000 to 70,000. MA Economics fee can vary depending on the college and university.

    Scope of MA Economics

    The scope of MA economics is quite high since every company has a financial department and requires skilled graduates from the field of finance and economics to handle them. MA in Economics is closely associated with marketing, finance, the functioning of markets and the functioning of an economy as a whole. It means that MA Economics professionals with a decent percentage have a fine scope of grabbing jobs in both government and private organisations as economists.

    Career Options After MA Economics

    If one has the willingness, knowledge and potential to study further, then pursuing a PhD in Economics or in another related research field is one of the best options. There are top universities that offer Ph.D. courses like Indian Institutes of Technology (IITs), Indian Institutes of Management (IIMs) and many others. Studying further MA in Economics is not only worthwhile in terms of knowledge but it can help in getting high paid jobs. Students can also choose to pursue a higher degree and move towards research such as a Ph.D. in Economics or a Ph.D in a related field.

    Research Analyst: A research analyst does the work investigating reports on securities and producing helpful information for employers. He or she also helps in examining data and producing helpful information for employers to improve the growth of the firm.

    Data Analyst: A data analyst basically collects, cleans, and studies data sets. Along with that, he or she conducts surveys to acquire relevant information and presents those collections into charts and graphs to know the growth and improvement areas of the organisation.

    High School Teacher: A high school teacher makes students familiar with all aspects of economics given in the curriculum. He or she conducts tests and project work to ensure the learning of students. A high school teacher can work in both public and private educational institutions.

    Economist - An economist is a person who studies the creation, use, and transfer of wealth in order to apply what they have learnt and have an impact on the levers of contemporary society. The duties of an economist include collecting and analysing data, looking into trends, and evaluating issues with resources, goods, and services.

    Top Recruiters

    American Express

    Morgan Stanley

    Deutsche Bank

    Goldman Sachs


    E & Y





    Benefits of Studying Master of Arts in Economics

    The study of economics gives students a statistical and mathematical viewpoint that enables them to evaluate and analyze statistical facts and data in order to predict possible outcomes. Because of the versatility and depth of courses addressed, an MA in Economics can serve as the basis for a number of well-paying professions. The economics program will help you build a thorough understanding of markets, resource development, and economics.

    Students also liked

    Expected Salary After Master of Arts in Economics:

    The salary of an individual depends on various factors such as skills, knowledge, college, and others. It also depends on the level of education and extracurriculars of a college. An individual with an experience of one year can easily get a salary package of Rs. 3 to Rs. 4 Lakh per annum.

    Job Profiles
    Average Salary
    Research Analyst
    Rs. 4.6 LPA
    Data AnalystRs. 5.6 LPA
    High School TeacherRs. 4.0 LPA
    EconomistRs. 13.0 LPA

    Browse MA Economics Colleges in Top Locations:

    There are various colleges and universities in India that offer MA Economics courses with good placement opportunities. Students can choose from various public and private universities as per their choice.

    Top MA Economics Colleges in India:

    MA Economics degrees are offered by a number of universities in India. Admission is based on academic credentials and admissions test scores. In the table below we have mentioned the MA Economics colleges in India and the MA Economics fees:



    Hans Raj Mahila Maha Vidyalaya, Jalandhar

    Rs. 52,000

    Indian Academy Degree College, Bangalore

    Rs. 2 Lakhs

    IBS Business School, Hyderabad

    Rs. 3.10 Lakhs

    JBAS College Chennai

    Rs. 48,000

    Kristu Jayanti College, Bengaluru

    Rs. 1.20 Lakhs

    Jamshedpur Cooperative College, Jamshedpur

    Rs. 1,560

    Kuriakose Elias College, Mannanam

    Rs. 6,930

    Kirori Mal College, Delhi

    Rs. 28,730

    KMCPGS Puducherry

    Rs. 10,410

    Government Shyamlal Pandviya PG College, Morar

    Rs. 6,400

    Top Private MA Economics Colleges in India

    There are several private colleges in India that offer MA Economics programmes. The fees of a private university are significantly higher than that of a public university. In the table below we have mentioned the private MA Economics colleges in India and the MA Economics fees:

    Top Government MA Economics Colleges in India

    Compared to private institutions, government-run colleges have lower tuition prices. These colleges are well-known in India for their high-quality education. In the table below we have mentioned the government MA Economics colleges in India and MA Economics fees:

    Top MA Economics Colleges in the Top States:

    Almost every state in India constitutes some of the top colleges that offer admission to MA economics degree programmes. However, some of these states are more popular than others since they have better colleges. Candidates can find the list of top MA economics colleges in top states mentioned below:

    Frequently Asked Question (FAQs)

    1. What is MA Economics?

    MA Economics is a masters degree which deals with various topics in economics including finance, investment banking, and accounting management. 

    2. What is the total duration of MA Economics?

    MA Economics is a two year full-time degree segregated into four equal semesters of six months each.

    3. What are the top entrance exams for MA Economics?

    BHU PET, DUET are some of the top entrance exams for admission to MA economics. 

    4. What are MA economics eligibility criteria?

    Candidates aspiring for admission to MA Economics are required to complete a bachelor’s degree in e or a similar field.

    5. What is the admission process for MA Economics?

    The MA Economics admission process is both merit based and entrance based. 

    6. What is the average fees of MA economics?

    The average fees for admission to MA Economics is around Rs. 10,000 to Rs. 1 lakh for the entire duration. 

    7. What is the average salary for MA economics graduates?

    The average salary for an MA economics graduate is around Rs. 4 lakh to Rs. 6 lakh per annum.

    8. What is the scope of MA Economics?

    The scope of MA economics is quite decent. There are a plethora of employment opportunities for students after graduation in MA economics.

    9. What are the top recruiters of MA Economics graduates?

    ICICI Bank, RBI, Citi Bank, Kotak are some of the top recruiters of MA Economics graduates.


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    For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

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    In a career as a vlogger, one generally works for himself or herself. However, once an individual has gained viewership there are several brands and companies that approach them for paid collaboration. It is one of those fields where an individual can earn well while following his or her passion. Ever since internet cost got reduced the viewership for these types of content has increased on a large scale. Therefore, the career as vlogger has a lot to offer. If you want to know more about the career as vlogger, how to become a vlogger, so on and so forth then continue reading the article. Students can visit Jamia Millia Islamia, Asian College of Journalism, Indian Institute of Mass Communication to pursue journalism degrees.

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    Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

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    Advertising Manager

    Advertising managers consult with the financial department to plan a marketing strategy schedule and cost estimates. We often see advertisements that attract us a lot, not every advertisement is just to promote a business but some of them provide a social message as well. There was an advertisement for a washing machine brand that implies a story that even a man can do household activities. And of course, how could we even forget those jingles which we often sing while working?

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    Photography is considered both a science and an art, an artistic means of expression in which the camera replaces the pen. In a career as a photographer, an individual is hired to capture the moments of public and private events, such as press conferences or weddings, or may also work inside a studio, where people go to get their picture clicked. Photography is divided into many streams each generating numerous career opportunities in photography. With the boom in advertising, media, and the fashion industry, photography has emerged as a lucrative and thrilling career option for many Indian youths.

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    Social Media Manager

    A career as social media manager involves implementing the company’s or brand’s marketing plan across all social media channels. Social media managers help in building or improving a brand’s or a company’s website traffic, build brand awareness, create and implement marketing and brand strategy. Social media managers are key to important social communication as well.

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    Product Manager

    A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

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    Quality Controller

    A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

    A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

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    Production Manager

    Production Manager Job Description: A Production Manager is responsible for ensuring smooth running of manufacturing processes in an efficient manner. He or she plans and organises production schedules. The role of Production Manager involves estimation, negotiation on budget and timescales with the clients and managers. 

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    QA Manager

    Quality Assurance Manager Job Description: A QA Manager is an administrative professional responsible for overseeing the activity of the QA department and staff. It involves developing, implementing and maintaining a system that is qualified and reliable for testing to meet specifications of products of organisations as well as development processes. 

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    QA Lead

    A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

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    Reliability Engineer

    Are you searching for a Reliability Engineer job description? A Reliability Engineer is responsible for ensuring long lasting and high quality products. He or she ensures that materials, manufacturing equipment, components and processes are error free. A Reliability Engineer role comes with the responsibility of minimising risks and effectiveness of processes and equipment. 

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    Safety Manager

    A Safety Manager is a professional responsible for employee’s safety at work. He or she plans, implements and oversees the company’s employee safety. A Safety Manager ensures compliance and adherence to Occupational Health and Safety (OHS) guidelines.

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    Corporate Executive

    Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

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    ITSM Manager

    ITSM Manager is a professional responsible for heading the ITSM (Information Technology Service Management) or (Information Technology Infrastructure Library) processes. He or she ensures that operation management provides appropriate resource levels for problem resolutions. The ITSM Manager oversees the level of prioritisation for the problems, critical incidents, planned as well as proactive tasks. 

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    Information Security Manager

    Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

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    Computer Programmer

    Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

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    Product Manager

    A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

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    IT Consultant

    An IT Consultant is a professional who is also known as a technology consultant. He or she is required to provide consultation to industrial and commercial clients to resolve business and IT problems and acquire optimum growth. An IT consultant can find work by signing up with an IT consultancy firm, or he or she can work on their own as independent contractors and select the projects he or she wants to work on.

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    Data Architect

    A Data Architect role involves formulating the organisational data strategy. It involves data quality, flow of data within the organisation and security of data. The vision of Data Architect provides support to convert business requirements into technical requirements. 

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    Security Engineer

    The Security Engineer is responsible for overseeing and controlling the various aspects of a company's computer security. Individuals in the security engineer jobs include developing and implementing policies and procedures to protect the data and information of the organisation. In this article, we will discuss the security engineer job description, security engineer skills, security engineer course, and security engineer career path.

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    UX Architect

    A UX Architect is someone who influences the design processes and its outcomes. He or she possesses a solid understanding of user research, information architecture, interaction design and content strategy. 


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