India is presently in the mode of faster rate of progress in industrial and financial sectors, resulting in providing extensive opportunities to experts in Economics. If one gains good subject knowledge and a good percentile in the academics, a decent career is confirmed in Banking, Finance and Insurance segments and in Government departments, especially with optional awareness in Quantitative Methods, Econometrics, and Computer Applications of the standard of MA (Economics). Apart from it, every year UPSC is filling up vacancies in Indian Economic Services and therefore, those who complete PG in Economics can enter into Central Services with a little bit extra effort.
In addition to the corporate career, for Economics graduates opportunities for higher education are more. Future will be exceptionally bright to those who successfully complete Ph.D. in Financial Economics. Those, who have an aptitude in teaching/research, wish to shine in the area of academics, will have to concentrate on International Economics, Public Finance, Systems, and Quantitative Methods. Pity is that many of the students in Economics are not showing the needed interest in the subject. Another problem is in ‘Communication Skills’. English is a problem for those students, who come from rural areas. However, the language problem can be overcome with a regular practice right from the beginning of joining the course.
Prominent Colleges in Economics … mode of their admissions
Jawaharlal Nehru University
JNTU Campus can be seen as a symbol of India’s representation of unity in diversity. It is located in an area of 1000 acres in Delhi. To facilitate and attract the students throughout the Country, it is conducting entrance tests in 37 centres spread out throughout the country. There is a good demand for MA, M.Phil. and Ph.D. courses in Economics, especially for MA (Economics) course. The course structure and the finest team of faculty have contributed to get its present recognition. Entrance tests for PG courses will be conducted subject-wise every year in May. For more details log on to www.jnu.ac.in
Madras School of Economics, Chennai
Madras School of Economics (MSE) was started during the year 1995. Primary aim of MSE is to offer quality education and encourage research. It has earned a name within a short period of time after it was established. It even received compliments from the Central Government for its course related to Environmental Economics. Presently M.Sc. (Economics) and M.Sc. (Financial Economics) are available in MSE. Admissions will be through an entrance test and the questions in the test comprise of Maths, Economics and Statistics. For details log on to www.mse.ac.in
With a view to make reflective research in the programmes relating to the methodology of national development, the Reserve Bank of India has established Indira Gandhi Institute of Development Research. Its campus was inaugurated in Gurgaon by the then Prime Minister Rajiv Gandhi during the year 1987. Later on it acquired the status of a Deemed University. M.Phil. M.Sc., and Ph.D., courses are available here now. Admissions into the courses will be through written test and interview and the test is being conducted in a number of centres spread out throughout the country. The minimum eligibility condition for admission into two years M.Sc. course is – BA, B.Sc. (Economics) or B.Sc. (Statistics or Mathematics, Physics) or B.Tech / BE. Similarly, for M.Phil., and Ph.D. courses, candidates with MA, M.Sc. (Economics) or M.Sc. (Mathematics, Statistics, Physics) or MBA, M.Tech. ME are eligible. For the first two months, M.Phil. and Ph.D. students will get a stipend of Rs.12,000 and from the third years onwards Rs.18,000. For more details log on to www.igidr.ac.in
Delhi School of Economics
It was started during the year 1949 with the encouragement given by Pundit Jawaharlal Nehru, the first Prime Minister of independent India. Prominent persons like Nobel Laureate Amartya Sen, renowned Economist Jagadish Bhagavathi, and Prime Minister Manmohan Singh were the past Faculty Members of Delhi School of Economics.
Courses introduced here are MA, M.Phil. and Ph.D. in Economics. MA course of this institute is most sought after course. The best facilities like teaching in quantitative methods … software training … well equipped modern library … the best internet facility are available to the best advantage of students of Delhi School of Economics. For admission into MA and M.Phil. courses, eligibility tests will be conducted every year, generally in the month of June. For full details log on to www.econdse.org
University of Hyderabad
University of Hyderabad, also known as Hyderabad Central University, is a prestigious university in the country. Students feel privileged to study in this University. In the background of scarcity of Economists in the country, there is a great demand for MA (Economics) offered by HCU. Along with 5 – year integrated MA course, it is also offering 2 – year MA course. It started 5 – year integrated MA course from the academic year 2007 – 2008.
Courses offered by HCU are - Integrated MA (Economics), MA, M.Phil. and Ph.D. Admissions into this University are through entrance test. Eligibility for admission into integrated MA (Economics) is through a test, which is designed giving equal importance, is theoretical analysis and quantitative reasoning in 10 + 2 course. Latest and current developments in the financial sector will be taken into consideration by the professors in their subject content and teaching methodology. This University gives high priority for quality in research, for which it is entering into memoranda of association with reputed foreign institutes. Get the full details from www.uohyd.emet.in