Future studies in the field of economics.

5. Scope for Higher Studies after B.A in Economics
Subsequent to the completion of the studies in the graduate level, it is possible for students to choose from a wide range of
prospects to go for higher studies. They can do their Master’s in any of the streams like:
M.A. in Economics
M.A. in Mass Communication (MMC)
M.Sc. in Advertisement & Journalism
Master of Business Administration (MBA)
Masters in Applied Economics
MBA in Economics
Students of Economics can secure good jobs in the fields of management, public relations, teaching etc. In case they wish to pursue
their further studies; students can go for M.Phil or PhD in a variety of specializations.
Other Certification Courses after B.A in Economics
There are numerous certification courses that the students can opt for once they finish their graduation in Economics. SAP training,
Diploma in Share Trading and Investment, Company Secretary Advanced Post Graduate Diploma in Events, banking and finance
courses etc are some of the courses that are made available for the students. If the students wish to go for computer courses, there
are many courses in that field too. Having a good knowledge in computer programming will provide to be of help for hem when to go
for better jobs.
Career Opportunities after B.A in Economics
Numerous job opportunities are available for students once they have completed their graduation in the field of economics. On the
successful completion of BA Economics, aspirants can seek out for jobs in the public and the private sectors. They can even attend
UPSC entrance exams, IAF account exams and Combined Defense Services exam and so on. On top of this, with more experience
aspirants will also be able to open their own corporate or consultancies. Those with more experience can apply for jobs with
institutes of management or with multi national companies. Educational institutions and the finance sector also provide good job
prospects for students of Economics.
.

7. Eligibility
To join a Masters course in Economics, you have graduate with a BA or B. Sc Economics degree. A minimum of 50%
marks is required. Apart from this, national-level entrance tests are conducted by many of the institutions offering this
course.
Job Prospects
Economics graduates have various professions open to them. Globalization has widened the career prospects of
Economics students in various sectors including Business, Education, Government and Consultancy fields. Some of the
fields in which they can get employed are:
Banking
Investment
Political consulting
Manufacturing
Transportation
Sales and Marketing
Stock Markets
Government
Nonprofit organizations
The Indian Economics Service and positions in the Reserve Bank of India are great opportunities to be employed with,
in the Government sector.
Pay scale
A Masters graduate in Economics can earn in the range of Rs. 15,000- Rs. 35,000 as the starting salary per month.
Average salary per annum is about 3.5 lakhs and it can go up to Rs. 15 lakhs as well.

8. Broad Course content
Micro Economic Analysis
Indian Economic Policy
Economics of Growth and Development
Actuarial Economics: Theory and Practice
Economic History
Econometric Methods and Applications
Public Economics
International Trade and Finance
Economics of Social Sector and Environment
Research Methods in Economics
Macro Economic Analysis
Quantitative Methods for Economic Analysis
Financial Institutions and Markets
Computer Applications in Economic Analysis
Industrial and Agricultural Economics
Skill Sets Needed
Economics graduates should be able to communicate complex ideas and theories in a clear manner, be able to do
numerical calculations, and interpret data. They should be able to analyze and evaluate economic problems and
employ ICT skills.

9. Top colleges
Delhi School of Economics, University of Delhi
Center for Economic Studies and Planning, Jawaharlal Nehru University
Indira Gandhi Institute of Development Research, Mumbai (M. Sc Economics)
Indian Statistical Institute, Kolkata/Delhi (M.S. in Quantitative Economics)
Gokhale Institute of Politics and Economics, Pune
Birla Institute of Technology and Science, Pilani (M. Sc in Economics)
Banaras Hindu University, Varanasi
Madras School of Economics, Chennai
Christ University, Bangalore (MA in Applied Economics)
Course Fees
Course fees range from Rs. 15,000 - Rs. 45,000 per year depending on the college. According to
their respective websites, a distance education degree in IGNOU will cost Rs. 12,000 a year,
whereas Christ University charges Rs. 42,000 a year from its economics students.
Higher education options
M. Phil in Economics
PhD in Economics
M. Phil or PhD eligibility is clearing the NET conducted by the UGC.

10. Master of Business Administration
• Master of Finance & Control (MFC) is a degree which is offered to students who have completed 2 years of
postgraduate course. This course mainly covers subjects like finance and accounting. The course also has a super-
specialization which the students can take in the last semester.
• Master of Finance & Control (MFC) degree course includes the training in the very basic areas. This will equip the
students with the much needed skills in core areas like:-
• Corporate Laws
• Decision-Making and Control
• Derivatives & Risk Management
• Equity Research
• Financial Accounting
• Financial Management
• Financial Planning
• Financial Services
• Insurance Management
• International Accounting
• International Finance
• Investment Management
• Managerial Economics
• Mutual Funds Management
• Organizational Behavior
• Project Appraisal
• Quantitative Techniques
• Real Estate Investment Management
• Treasury Management, etc.

11. Master of Business Administration• Eligibility Criteria for MFC
• The very basic eligibility requirement for taking up a Master of Finance & Control (MFC) course is a graduation degree. Students who have
finished their degree in any of the discipline can join the course. Few of the top universities demand a score of minimum of 45 – 50 % of
marks in graduation. Some even carry out an entrance exam before selecting candidates to the course. These institutions will select the
candidates purely on the basis of their merit score.
• Admission Procedure for MFC
• The candidates who are wishing to join the Master of Finance & Control (MFC) course will have to first apply for the course after their
graduation. Later an entrance exam will be held in which they must score high marks. There will also be Group Discussion and Personal
Interview. If the candidates get through all these process then they will be offered a seat for the Master of Finance & Control (MFC) course.
• MFC course curriculum
• MFC Course Evaluation
• The Master of Finance & Control (MFC) course evaluation is mostly done by carrying out a semester examination. There will also be internal
assessment, presentation, project work, internships, Seminars, Viva Voce etc in the evaluation method.
• What to do after MFC?
• Master of Finance & Control (MFC) degree will act as a base for excellent career opportunities in diverse sectors. Students who have
completed this course will get opportunities to work in different organizations like:-
• Business and Financial Counseling
• Capital and Money Markets
• Commodity Markets
• Core Banking and Insurance
• Corporate Finance
• Corporate Treasuries
• International Finance
• Investment Advisory Services
• Investment Banking
• Merchant Banking
• Portfolio Management
• Real Estate
• Venture Capital
• Wealth Management

12. Master of Business Administration
• In some of the universities the few of the latest topics included are:-
• Investment Philosophy
• Investor Psychology
• Mathematics Of Financial Markets
• Technology Valuation
• The MFC course offer the students an idea on conceptual and analytical
know how for financial decision making.
• Advantages or Benefits of Master of Finance and Control
• The MFC course provides proper grooming of the students and prepares
them for challenging careers in various fields including:-
• Capital and Money markets
• Corporate Finance
• Credit Rating
• Forex Advisory Services etc
• International Finance
• Investment Advisory Services
• Merchant Banking
• Portfolio Management
• Venture Capital etc.

13. Master of Business Administration

14. MBE
• Founded in 1973, the University of Delhi's Department of Business
Economics pioneered the Masters Program in Business Economics, MBE,
patterned on a similar program conducted by Harvard Business School.
Since then, the Department has established itself as one of India’s leading
centers of excellence in business education and research. The Department
also administers the Bachelors, M.Phil and Ph.D. programs in this discipline
and has also initiated the same programs for many other universities.
• The Master of Business Economics programme is a two year, full-time
course offering dual specialization to the students. It emphasizes on
application of academic knowledge of economics towards adding value to
businesses. MBE bridges the gap between pure economics and business
administration by ensuring students have a firm footing in theory and the
ability and vision to apply their knowledge to business. Students have a
compulsory and strong grounding in fundamentals of micro and macro
economics and quantitative techniques - business statistics. These coupled
with specializations in the fields of quantitative techniques/ finance/
marketing/ HRA systems & operations/ regional & transport economics/
applied environmental economics allow students to apply the basics of
theory to areas of significance in the real world of business.

15. MBE
• Assignments requiring analyzing data from source such as the
World Bank/ IMF etc., case studies, presentations and other such
methods of internal assessment ensure students get maximum
opportunity to apply what they learn in solving simulations of real
life problems. These also ensure students get to exercise their
creativity and learn to perform under deadlines and in team
settings. The two months of rigorous summer training undertaken
by students guarantee they enter the corporate world fully geared
to contribute from the word go

16. Master of Finance and Control
• Educational Prospects
• Post graduation after the graduation is a lucrative career option along with M Phil or PhD in development studies which
emphasizes on economics. There are also a number of specialized fields like agricultural economics, business economics, labor
economics, financial economics, international economics and industrial economics. One of the more recent choices among the
economics graduates is an MBE (Master of Business Economics) degree.
• There is no dearth of good institutes in the country which will provide you an option to pursue your studies in these fields.
Another field is Econometrics which combines the mathematical and statistical principles with the knowledge of economics. In
order to make a great future in this field you just need to be analytical and a problem solver.
• Job Opportunities
• Once educated in the field you need run for jobs rather both government and non-government organizations will be competing
with one another to hire you. Organizations such as FICCI, Assocham, CII, PHDCCI hire economics experts, Indian Economic
Services can be pursued to get placed at the highest echelons in Commission, Planning Board, Ministry of Economic Affairs,
National Sample Survey and other departments that need specialists in economics.
• Master of Finance & Control (MFC) is a degree which is offered to students who have completed 2 years of postgraduate course.
This course mainly covers subjects like finance and accounting. The course also has a super-specialization which the students
can take in the last semester.
• Master of Finance & Control (MFC) degree course includes the training in the very basic areas. This will equip the students with
the much needed skills in core areas like:-
• Corporate Laws
• Decision-Making and Control
• Derivatives & Risk Management
• Equity Research
• Financial Accounting
• Financial Management
• Financial Planning
• Financial Services

17. Master of Finance and Control
• Advantages or Benefits of Master of Finance and Control
• The MFC course provides proper grooming of the students and prepares them for challenging careers in various
fields including:-
• Capital and Money markets
• Corporate Finance
• Credit Rating
• Forex Advisory Services etc
• International Finance
• Investment Advisory Services
• Merchant Banking
• Portfolio Management
• Venture Capital etc.
• MFC course curriculum
• MFC Course Evaluation
• The Master of Finance & Control (MFC) course evaluation is mostly done by carrying out a semester
examination. There will also be internal assessment, presentation, project work, internships, Seminars, Viva
Voce etc in the evaluation method.
• What to do after MFC?
• Master of Finance & Control (MFC) degree will act as a base for excellent career opportunities in diverse
sectors. Students who have completed this course will get opportunities to work in different organizations like:-
• Business and Financial Counseling
• Capital and Money Markets
• Commodity Markets
• Core Banking and Insurance
• Corporate Finance
• Corporate Treasuries

18. Master of Philosophy
• Master of Philosophy (MPhil) in Economics
• The Master of Philosophy in Economics is a one year program designed and
well-substantiated for smooth transition into advanced research including
doctoral level (PhD), and is suitable for academia, researchers and
corporate associates alike. It is designed primarily for students who plan to
pursue research in areas like microeconomics, financial economics,
macroeconomics, and related areas in economics and finance. It is a full
time research program of 1 year, consisting of two semesters. By the end of
the second semester, the scholar is expected to submit dissertation work.
• The program equips the scholar to aspire for higher disciplinary and
methodological competencies in research and allied fields. It has a rigorous
coursework consisting of 2 research papers and 7 elective papers. The two
intensive research papers that offer significant research background are:
•
1. General Research Methodology
2. Specific Research Methodology and Statistical Techniques in Economics

19. Master of Philosophy
• The following are the 7 electives offered, out of which the scholar can opt for 2,
subject to departmental guidelines, and faculty and student availability:
•
1. Managerial Economics
2. Financial Markets and Derivatives
3. Agricultural Economics
4. Industrial Economics
5. Environmental Economics
6. International Economics
7. Economics of Service Sector
• Pedagogy includes article reviews, research colloquia, tools like SPSS, case studies,
critiques and other essentials for research oriented work. The coursework aims at
providing a thorough understanding of business and economic principles,
quantitative techniques and applications thereof. Scholars will discover the thought
process of research in terms of skills, insight and knowledge of research philosophy.
The program will nurture scholars towards a foundation for further research
endeavors like PhD and research consulting. It will also create an atmosphere for
the scholars to associate themselves with both industry experts and senior
academia in areas of qualitative and quantitative economics, business research,
research education and philosophy.

20. Doctor of Philosophy
• Doctor of Philosophy (PhD) in
Economics
Economic activities have been a major
concern of human beings, from the time of
their evolution. Economic is a dynamic
science. In the past few decades GDP
growth in India has taken place largely due
to innovation and technology. New and
latest methods of production,
consumption and distribution law can be
brought to limelight thereby economically
strengthening the nation at large. PhD in
economics envisages a probe into the
interrelationship of various economic
factors. New knowledge can be added to
the existing one through empirical testing
such that it serves the needs of
government agencies, firms, financial
Institutions and developmental
organizations.

21. Doctor of Philosophy
Doctoral Programmes (Ph.D.)
Doctor of Philosophy (PhD) in Economics
M Phil Programmes
Master of Philosophy (MPhil) in Economics
Postgraduate Programmes
Master of Arts (MA) in Applied Economics
Undergraduate Programmes
Bachelor of Arts (BA) in Psychology, Sociology, Economics
Bachelor of Arts (BA) in Economics, Politics, Sociology
Bachelor of Arts (BA) in History, Economics, Politics
Bachelor of Science (BSc) Economics, Mathematics, Statistics
Bachelor of Arts (BA Honours) in Economics
Certificate Courses in Odd Semester
International Trade and Globalization
Financial Markets

22. Exams
• Competitive exams after graduation
• The competitive exams for aspirants of higher education after graduation are conducted
both national level and also at individual state levels.
• National level tests after graduation: These tests are limited to few courses on all india
level basis like
• Graduated Aptitude Test of Engineering (GATE) for B.E or B.Tech graduates with an
intention to encourage Masters in technology education with monthly scholarships.
• Graduate Pharmacy Aptitude Test (GPAT) for graduates in pharmacy to perceive M.Pharm
courses with MHRD scholarships.
• Common Admission Test (CAT) is an all India exam for MBA aspirants which provides
admission into IIM' S and other B-Schools.
• The Common Law Admission Test (CLAT) is an national level law exam for admission into
graduation and Post-graduation courses in law conducted by national law universities.
• For others you may need to appear for individual state or university conducted exams for
admission into respective state or University institutes for higher study. They are
• For medical stream especially MBBS graduates the exams by AIIMS and PGI Chandigarh
are most opted for.
• GATE also provides option for M.Sc graduates to opt for M.Tech courses through clearance
of GATE.
• For M.Sc graduates NET exam for entrance into PhD after M.Sc with JRF fellowship.
• Individual States and universities hold separate entrance or interviews for admissions into
PG in medicine, M.Pharm, MCA, law, M.Sc, MBA and other exams.

23. Exams- By The Government
• 1) Civil Services Examination (Any Graduate)
• 2. Indian Economic Service Examination (Degree with Economics/Statistics)
3. Indian Statistical Service Examination (Degree with
Statistics/Mathematics/Economics)
• 4. Combined Defence Services Examination (CDSE)
5. National Defence Academy and Naval Academy Examination
6. Combined Medical Services Examination
7. Engineering Services Examinations (After Graduation in Engineering)
8. Geologists Exams (after Masters degree in Geology)
9. Staff Selections for different Cadres
10. Exam for recruitment of Dy. Superintendent of Police/ Company
Commander/Asst.Commandant / in CRPF/BSF/Indo-Tibetan Border Police
11. Exam for different posts through Reserve Bank of India Services Board
12. Exam for Probationary Officers and others through Central Recruitment Board
13. Exam for Probationary Officers and others through Banking Service
Recruitment Board
14. Exam for Development Officers and others through National Bank for
Agriculture and
Rural Development (NABARD)
15. Exam for Telecom Officers in the Department of Telecommunications

24. Top colleges for post graduate
Delhi School of Economics, University of Delhi
Center for Economic Studies and Planning, Jawaharlal Nehru University
Indira Gandhi Institute of Development Research, Mumbai (M. Sc Economics)
Indian Statistical Institute, Kolkata/Delhi (M.S. in Quantitative Economics)
Gokhale Institute of Politics and Economics, Pune
Birla Institute of Technology and Science, Pilani (M. Sc in Economics)
Banaras Hindu University, Varanasi
Madras School of Economics, Chennai
Christ University, Bangalore
Top for under graduate
1.Lady Shri Ram College,Delhi.
2.St. Stephens College,Delhi.
3.St. Xaviers College,Mumbai.
4.Loyola College,Chennai.
5.St. Xaviers College,Kolkata.
6.Christ College,Bangaloe.
7.Presidency College,Kolkata.
8.Hindu College,Delhi.
9.Madras Christian College,Bangalore.
10.Hans Raj College,Delhi.

25. Top MFC Colleges in India
Aligarh Muslim University, Aligarh (Uttar Pradesh)
B N Mandal University Madhepura, Madhipura
Banaras Hindu University, Varanasi (Uttar Pradesh)
Bundelkhand University, Jhansi
C.M.S. College Of Science & Commerce, Coimbatore
Department of Financial Studies of Delhi University
Himachal Pradesh University, Shimla (Himachal Pradesh)
Kurukshetra University, Kurukshetra (Haryana)
Lakshmi Narayanan Visalakshi College Of Arts And Science, Coimbatore
Madurai Kamraj University College, Madurai
Top Colleges For Best Economics Degree
St Stephen’s College. Delhi
Shri Ram College of Commerce, Delhi
Lady Shri Rwn College for Women, Delhi
Hans Raj College, Delhi
Hindu College. Delhi
Presidency College, Kolkata
St Xavier’s College, Kolkata
St Xavier’s College, Mumbai
Loyola College, Chennai
Christ College. liangulore