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Online M.Sc in Economics Course, Fees, Colleges, Admission, Syllabus
Online M.Sc in Economics in India is a 2-year postgraduate program that specializes in the field of Economics. It is typically divided into 4 semesters. The minimum eligibility standards for the course are a bachelor's degree in any stream, preferably with honors in Economics, and a minimum score of 60%.
The curriculum designed by top colleges for Online M.Sc in Economics revolves around Microeconomics, Macroeconomics, Time series analysis and Design of experiments Econometrics, among other related subjects. After going through the course, the applicants could be able to analyze economic cases in a mathematical and logical way. Apart from these, the course every now and then also consists of a detailed study of financial operations and banking systems.
The average course fee in India ranges between INR 40,000 to INR 5,00,000. Upon completing MSc in Economics Course, candidates can get hired as economists in numerous sectors such as banking, international agencies or private company together with economic consultancies and make secure career after Online M.Sc in Economics. Government employment opportunities are also available in diverse government sector banks and financial organizations like RBI, SEBI, etc.
Specialization
Online M.Sc in Economics
MSc in economics or Masters of Science in Economics is a course of 2 years long. Any graduate with honors in economics can pursue this course. This program is about studies in economics. It focuses on microeconomics, macroeconomics, time series analysis, econometrics, Design of experiments, and many others. It trains the students to sharpen their reading financial situations by applying mathematical methods and logical techniques.
This course is a study of banking structures and economic operations. The average fees for this course range about from 40000 to 5 lacs. This course is an in-depth study of economics-related theoretical ideas and practical packages of cost-effective and mathematical ideas.
After a student completes their studies in this program, they will explore new opportunities on this field from sectors like international agencies, financial consultancies, banks, institutes. It is a postgraduate course, and the examination type is semester-based. It is divided into 4 semesters. Let us look at key highlights on Online M.Sc in Economics in India below.
|
Course Name |
MSc Economics |
|
Full Form |
Online Master of Science in Economics |
|
Eligibility |
Bachelor’s degree in Economics or related field with a minimum of 50% marks. |
|
Duration |
2 Years |
|
Average Course Fees |
Rs. 28,000/- to Rs. 62,000/- per year |
|
Minimum Percentage Required |
50% in UG Degree |
|
Study Mode |
Online Education |
|
Subjects |
Microeconomics, Macroeconomics, Econometrics, International Economics, Public Economics, Development Economics, and Financial Economics. |
|
Program Level |
Postgraduate |
|
Job Roles |
Economist, Data Analyst, Economic Consultant, Policy Analyst, Financial Analyst, Market Research Analyst. |
|
Average Salary Offered |
INR 3 LPA – INR 8 LPA |
Online M.Sc Economics Fees of Top Universities
Here is table shows, the top colleges for Online M.Sc in Economics, that you can considered to get admission in masters degree. These top colleges allow you to study at your convenience at affordable Online M.Sc in Economics fees in India.
|
College Name |
Average Fees |
|
Lady Shri Ram College for Women, New Delhi |
INR 17,976 |
|
Miranda House College, New Delhi |
INR 19,030 |
|
Presidency College, Chennai |
INR 900 |
|
Symbiosis College of Arts and Commerce, Pune |
INR 26,000 |
|
Mithibai College of Arts, Mumbai |
INR 11,300 |
|
University of Calcutta, Kolkata |
INR 2,314 |
Online M.Sc in Economics Eligibility
Here are the basic eligibility requirements you should meet to get admission in the best college for Online M.Sc in Economics
- You should have a Bachelor's degree in any field with a minimum 45% marks ( 40% if you belong to reserved categories)
- You should be graduated with Economics background to become qualified
- You must have strong proficiency in the English language
Online M.Sc in Economics Major Subjects
MSc in economics program will develops your knowledge in this stream, and covers all economics topics. The well-designed syllabus teaches you about core and elective subjects. The Online M.Sc in Economics Major Subjects will prepare you for career growth and wide job opportunities. Here are the semester-wise syllabus below
|
Semester I |
Semester II |
|
Development Economics |
Basic Econometrics |
|
Microeconomics I |
Environmental Economics |
|
Macroeconomics I |
International Economics |
|
Money, Banking, and Financial Markets |
Microeconomics II |
|
Technical Communication |
Macroeconomics II |
|
Mathematics for Economists |
- |
|
Semester III |
Semester IV |
|
Advanced Econometrics |
Departmental Elective 4 |
|
Public Policy: Theory and Practice |
Departmental Elective 5 |
|
Departmental Elective 1 |
Departmental Elective 6 |
|
Departmental Elective 2 |
Project |
|
Departmental Elective 3 |
- |
|
Seminar |
- |
Career After Online M.Sc in Economics
An online M.Sc. In Economics opens numerous career opportunities throughout industries, together with finance, consulting, authorities, and academia. Graduates can pursue job roles along with financial analysts, financial experts, coverage advisors, and data scientists. The degree complements analytical and quantitative skills, prepare professionals to make career after Online M.Sc in Economics in banking, investment firms, and international businesses.
With the rise of data-driven decision-making, opportunities in market research and financial forecasting are increasing. Also, government companies searching for economists for policy development and financial planning. For those willing towards research and coaching, pursuing a Ph.D. Or academic roles is also the best course.
Job Options after M.Sc in Economics
The job opportunities for the graduates in the subject of Economics are big in the financial and banking sector.
The job profiles include Economist, Financial Manager, Policy analyst, Litigation Consultant, Mutual Funds Manager, and many others. In industries like financial forecasting firms, data analytics businesses, Public Sector units including TERI, FICCI, NCAER, RBI and so on. Earning an MSc in Economics degree online is not only effective but also deepens your knowledge and prepares you for leading roles in various sectors. Let us look at top job profiles.
|
JOB POSITION |
JOB DESCRIPTION |
|
Economist |
An economist researches works to analyze economic issues. Interprets and predicts market trends. |
|
Financial Manager |
A financial manager is responsible to manage financial aspects of the organisation you are working from. Manages a group of employees who will be performing financial and budgeting activities. |
|
Policy Analyst |
A policy analyst handles the information related to the economy. Helps in increasing awareness about public issues by recommending policies to social and political groups. |
|
Professor |
You can teach Economics in institutes and universities after or while completing your Ph.D. |
|
Mutual Funds Manager |
The investment manager is basically is responsible of handling stocks, bonds or other assets the fund will buy with investors’ money. Essentially, the fund manager will function as a stock-picker. |
|
Litigation Consultant |
A litigation consultant improves the chances of winning a case by elevating the attorney's performance. |
|
IES (Indian Economics Service) Officer |
IES officer works in the field of economic advice, economic administration, and implementation of development of policy and programs. |
Salary After Online M.Sc in Economics
Here are job role-wise Online M.Sc in Economics Salary packages offered to candidates
|
Job Role |
Average Salary in INR |
|
Economic Analyst |
₹6-10 LPA |
|
Financial Consultant |
₹7-12 LPA |
|
Data Scientist |
₹8-15 LPA |
|
Policy Advisor |
₹6-12 LPA |
|
Market Research Analyst |
₹5-9 LPA |
|
Investment Banker |
₹10-20 LPA |
|
Risk Analyst |
₹6-11 LPA |
|
Academician/Professor |
₹5-12 LPA |
Top Recruiters After Online M.Sc in Economics in India
The list of top recruiters after Online M.Sc in Economics are given below
- Reserve Bank of India (RBI)
- National Institution for Transforming India (NITI Aayog)
- Indian Economic Service (IES)
- World Bank
- Deloitte
- PwC
- Ernst & Young (EY)
- Goldman Sachs
- JP Morgan Chase
- McKinsey & Company
- Tata Consultancy Services (TCS)
- HDFC Bank
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