Top MA Economics Colleges in India 2024

MA Economics is a two-year postgraduate degree program awarded to the students under the arts or humanities stream. Aspirants can pursue it on a full-time, distance-learning or correspondence from any of the top MA Economics colleges in India. Economics recounts the characteristics that influence the development, production, administration, and consumption relating to resources. This field often merges scrutinising sociology, law, history, politics, etc., in various aspects to deal with finance and management, coping with principles of economic theory to approach issues from multiple perspectives. Students can choose a career path as stockbrokers, bankers, actuaries, finance counsellors, and other vast options.

Ranking by NIRF, The Week, IndiaToday, etc., act as the guide map to finding India's best MA economics institutes that suit your aspirations and goal measures.

Top MA Economics Colleges in India by NIRF

The National Institutional Ranking Framework (NIRF) validated by MHRD implements methodologies backing certain parameters, which computes to rank the different institutes in India. 

The standard parameters and areas of weightage in practice to rank different colleges comprise:

• Teaching, Learning, and Resources - 30%
• Research and Professional Practice - 20%
• Graduation Outcomes - 20%
• Outreach and Inclusivity - 10%
• Peer Perception - 10%

Under NIRF rank, tabulated below are the top MA Economics colleges in India:

Top MA Economics Colleges in India by IndiaToday

Enlisted below are the top MA Economics colleges in India by the IndiaToday ranking system:

Top MA Economics Colleges in India Based on Zones

According to NIRF, The Week, and IndiaToday, highlighted below are the top MA Economics colleges in India zone-wise.

Top MA Economics Colleges in North India

The top MA Economics colleges in North India include:

• Miranda House, New Delhi
• Lady Shri Ram College For Women, New Delhi
• St. Stephen's College, Delhi
• Shri Ram College of Commerce, Delhi

Top MA Economics Colleges in South India

Pointed below are the top MA Economics colleges in South India:

• Presidency College, Chennai
• PSG College of Arts and Science, Coimbatore
• Queen Mary's College, Chennai
• St. Teresa's College, Ernakulam

Top MA Economics Colleges in East India

Given below are the top MA Economics colleges in East India:

• Jadavpur University, Kolkata
• Madagh Mahila College, Patna
• Kalinga Institute of Industrial Technology, Bhubaneshwar
• St Xavier’s College, Ranchi

Top MA Economics Colleges in West India

Cited below are the top MA Economics colleges in West India.

• Fergusson College, Pune
• Mithibai College of Arts, Mumbai
• Symbiosis College of Arts and Commerce, Pune
• St. Mira’s College for Girls, Pune

Fee Structure for Top MA Economics Colleges in India

The fee structure is calculated on your course duration, funding arrangements, infrastructure, facilities, campus placements, and others. Thus, it results in fluctuating fee comparison among different institutions. The average annual fees range from INR 14,000 to INR 2,40,000 for M.A. Economics within India.

The varying fees of government and non-government colleges for MA Economics are posted below:

Public MA Economics Colleges in India with Fees 

Various top public MA Economics colleges with their fees are highlighted below:

Private MA Economics Colleges in India with Fees 

Cited below are the top private MA Economics colleges with their fees:

Entrance Exams Accepted by Top MA Economics Colleges in India

Common entrance exams accepted by the top colleges in India are:

• OUCET (Osmania University Common Entrance Test)
• JET (Jain Entrance Test)
• CUCET (Central Universities Common Entrance Test)
• CET DELHI (Delhi Common Entrance Test)
• DUET (Delhi University Entrance Test)
• KIITEE (Kalinga Institute of Industrial Technology Entrance Exam)
• SHIATS (Sam Higginbottom University of Agriculture, Technology & Science Entrance Exam)
• TISSNET (Tata Institute of Social Sciences National Entrance Test)

Admissions and Eligibility Criteria for Top MA Economics Colleges in India

Most colleges now mandate students to clear eligibility criteria for admissions with fierce education growth and limited seats. Different institutes shortlist students by organising entrance exams, developing merit lists on candidate score, personal interviews, group discussions with category reservation (if applicable). 

General eligibility criteria and admission procedure regulated by the top MA Economics colleges in India are cited below:

Eligibility Criteria for Top MA Economics Colleges in India

The minimum eligibility criteria for MA Economics course in India contains:

• No age-limit.
• Candidates should obtain a bachelor's degree in economics with a 50%-60% aggregate score from an accredited board of education approved by the University Grants Commission (UGC).

Admissions for Top MA Economics Colleges in India

Several colleges in India permits admission to the MA Economics colleges relying on either means of:

• Entrance-based: Candidates scores/marks through entrance exams governed by institutions at the national/state/university level.
• Merit-based: The merit list is created evaluating a candidate's score, which is a merit system. Students selection is followed based on merit in academic performance or previous qualifying examination.

Cut Offs for Top MA Economics Colleges in India

Since cut-offs are fixed based on many characteristics, it is usually released after results declaration by the college officials. To take part in counsellings for seat allotment, students must seek to get the qualifying cut-offs regulated by respective institutions. 

Candidates can draw ideas below with the various ranges of cut-offs under the entrance examination designed for M.A. Economics.

CUCET Cut Off

Central Universities Common Entrance Test (CUCET) is a national entrance examination implemented by the Central University of Rajasthan for UG, PG, integrated and doctoral programmes.

Tabulated below are MA Economics CUCET Cut Off category wise:

OUCET Cut Off

Osmania University Common Entrance Test / Common Post Graduate Entrance Test (OUCET / CPGET / TS CPGET / OU PGET) organised by the Osmania University, Hyderabad, for different postgraduate programs.

Tabulated below covers the latest OUCET Cut Off category-wise:

Scope of MA Economics in India

Economics professionals are in high demand to analyse how goods and services are executed among individuals and small scale organisations to large scale industries. You can choose to explore public/private corporations or attend higher education like PhD, M.Phil, research-based, attempt public services related exams, etc., in top interesting destinations. There are abundant career options available to individuals with a degree in economics.

Swipe out your interests from the lists put down below:

Areas of Employability

• Academic Departments
• Banking
• Accountancy
• Finance
• Journalism
• Human Resource Management
• Sales and Marketing
• Civil services

Job Profiles

• Credit Analyst
• Finance Advisor
• Economic Consultant 
• Loan Officer
• Statistician
• Senior financial analysts
• Product Manager
• Compensation Manager
• Supply Chain Analyst
• Lecturer/Assistant Professor
• Digital Marketing Manager
• Content Editor

MA Economics Placements in India

MA Economics graduates get ample placement chances offered by the top institutes with varying income packages in India. Plus, numerous institutions maintained a placement reputation encouraging practical knowledge and internship programmes by opening opportunities to its students in expanding their career goals.

The following details represent the popular agencies observed for hiring economics students from India top institutes:

Top MA Economics Recruiters

In accordance with the college’s official portal, the table below comprises some popular recruiters from the top MA Economics colleges within India:

Average Salary Offered in Top MA Economics Colleges in India

Under the PayScale report, the average yearly salary for M.A. Economics is INR 6,26,000 across India. Here is the average salary offered among the top MA Economics colleges in India, as per the college’s official website.

FAQs

Q.What are the important subjects in economics?

A.Every institutions have a slight variation in economics syllabus, but the common area of study focuses on subjects combinations, namely:

• Demographic Economics
• Infrastructure Economics
• Money and Banking
• Public Finance
• Elementary statistics
• International Trade
• Game Theory
• Economics of Tax Policy
• Environmental Economics, and more.

Q.List out the highest paying jobs after economics?

A.Some of the popular job profiles for economics candidates with good money making around the country include:

• Statistician
• Corporate Lawyer
• Economist
• Compensation Manager
• Product Manager
• Quantitative Analysts
• Senior Market Analyst
• Actuary, etc.