M.Sc Quantitative Economics

Master of Science in Quantitative Economics

M.Sc Quantitative Economics or Master of Science in Quantitative Economics is a Post-Graduate Economics course. Quantitative Economics is a field of study where mathematics, optimization, statistics, algorithms, and complexity theory is used as a tool for analyzing and designing economic systems.

Quantitative Economics is used in auctions to maximize bidders’ payoffs. Banking policies are based on the fundamentals of quantitative economics and are covered systematically in macroeconomics and finance. The duration of the Quantitative Economics course is two years and it opens many opportunities after its successful completion. The Master of Science course in Quantitative Economics comprises lectures, tutorials, field attachments, and practical and individual research projects.

M.Sc Quantitative Economics Eligibility

• Aspiring students must have passed a Bachelor of Arts / Bachelor of Science with Mathematics and any one of the three group subjects: Economics / Statistics / Computer Science from a recognized University.
• The candidates should have secured a minimum of 50% aggregate marks in their Bachelor's.
• Some reputed universities and institutes conduct an entrance examination for admission.

M.Sc Quantitative Economics Syllabus

Syllabus of Quantitative Economics as prescribed by various Universities and Colleges.

M.Sc Quantitative Economics Colleges

• Indian Statistical Institute - ISI Kolkata, Kolkata
• Indian Statistical Institute - ISI Coimbatore, Coimbatore
• Indian Statistical Institute - ISI New Delhi, New Delhi
• Indian Statistical Institute - ISI Hyderabad, Hyderabad

M.Sc Quantitative Economics Course Suitability

• Those who want to know about development economics, quantitative methods, econometrics, game theory, finance, development economics, social choice and welfare, and many other advanced topics are suitable for it.
• Students who have a good interest in economics with Maths and Statistics are a good suit for it as they should deal with numbers/digits thoroughly.
• Candidates should have the ability to create and interpret a chart which is a skill required in economics programs.
• They also possess good writing skills, and the ability to build an argument in the form of an essay and oral presentations.

How is the M.Sc Quantitative Economics Course Beneficial?

• The Master Degree serves as a good base for further higher studies in this field such as a Ph.D. degree.
• The course also enhances the statistical/economic analytical techniques of personnel in the business and private sectors.
• It is also beneficial in this way as it produces personnel for the private/public sector to enhance the process of decentralization.
• They can also join schools, and colleges/universities after passing certain qualifications such as B.Ed and UGC-NET.

M.Sc Quantitative Economics Employment Areas

• Auditing Agencies
• Banking Sector
• Colleges & Universities
• Data Offices
• Financing Agencies
• Research Offices

M.Sc Quantitative Economics Job Types

• Businesses and Agencies Specialist
• Data Analyst
• Econometrician / Economic Affairs Officer / Economist / Economic Modelling Manager
• Manager Business Analyst
• Quantitative Developer
• Research Analyst / Researcher / Research Associate