M.A. Economics or Master of Arts in Economics is a postgraduate Economics Course. Economics includes a comprehensive and thorough study of Economics as a discipline at an advanced level. This postgraduate degree course generally covers the study of principles of economic theory, micro- and macroeconomics, comparative economic systems, money and banking systems, international economics, quantitative analytical methods, applications to specific industries and public policy issues, etc. M.A. (Economics) is two years duration course and the syllabus is divided into four semesters.
The basic eligibility criterion for pursuing M.A. (Economics) degree is having graduation degree in any stream.
However, many of the reputed universities demand graduation degree with Honours in Economics or Economics as one of the subjects studied in graduation from any of the recognised university / college of the country for admission to M.A. (Economics) degree course.
Some of the very reputed universities and institutes demand a minimum of 45-50% marks in graduation as qualifying criteria to secure admission in this course and some also conduct entrance examination to get admission to their M.A. (Economics) degree course. Selection to the degree course in these colleges is based on marks secured in the final merit i.e. total marks aggregated in the final exams of graduation and the entrance exam.
Applicants who have some qualities like solving problems with logical thoughts, observation and inference from data, and presenting ideas in compelling writing and speech, etc. are the most suitable candidates for this course.
Candidates those who want to contribute their cooperation in India’s economic development and growth by their innovative techniques and policies undoubtedly can go for this Masters’ degree course.
How is M.A. Economics Course Beneficial?
M.A. (Economics) degree serves as a basis for further higher studies and research in this field such as Ph.D. and M.Phil. degree in Economics. On successful completion of this degree a student can apply for the UGC-NET or JRF exam; the success in these exams makes teaching or research as good options.
M.A. (Economics) degree holders can opt for further higher studies and career in various specialisations of Economics such as in Micro and Macro Economics, Economics of Agriculture, Economic Statistics, Development Planning, International Economics, Home Economics, Monetary Economics, Fiscal Economics, Economics of Growth and Development, Environmental Economics, Regional Economics and many more.
Economics post graduates can take up research work in various fields of India’s national security problems including the international relations, geostrategic, geopolitical, socio-economic, tactical aspects of war, etc.
The greatest scope after doing M.A. in Economics is that it not only makes you eligible but also gives you a fairly better chance to qualify the IES (Indian Economics Services) exam.
A Master's Degree in economics prepares a post graduate for a wide variety of careers dealing with the flow of money, from accountant to investment banker, money manager to personal finance consultant.
Law schools are a very common destination now-a-days for recent post graduates in economics.
M.A. Economics Job Types
Personal Finance Consultant
M.A. Economics Employment Areas
Various corporate sectors in their marketing and accounts sections
Finance, Commerce and the Banking Sectors
Research Associates with Economic Consulting Firms
Economic Consulting Jobs
Import / Export Companies
Jobs in the fields of Agricultural Economics, Econometrics, etc